Category Archives: Business

What Do Dietary Supplements…?

…have to do with finance regulation?

One of the Dems I’d love to see get booted out this November is Henry Waxman. Unfortunately, some of the most destructive politicians (e.g., Waxman, Frank) are in the safest seats. That’s not a coincidence, of course. The safer your seat (or at least the perception of safety), the more outrageous the behavior.

The New Oligarchs

Thoughts on the Wall Street Democrats:

…every time the president accuses Republicans of trying to “block progress” or of defying “common sense,” as he did that night, he is executing a dangerous tightrope walk. His party’s electoral fortunes depend on his making forceful calls for reform of our banking laws. His party’s fundraising fortunes depend on his ensuring that no serious reform—of the kind that endangers the big banks’ size and power—ever happens. That may be why the Democrats’ strategy of painting the Republicans as obstructionists on finance reform has gained little traction. By the same token, if Republicans ever did get serious about reforming the banks—and even about breaking up an industry that has turned into a Democratic war chest—they would put Democrats in mortal peril. There seems no chance of this. Obama’s taunts show a confidence, verging on certitude, that Republicans’ hypocrisy is as deep as his own.

Sounds like the Republicans suffer from false consciousness. I still think that low marginal rates are a good idea, though.

Why Do Corporate Headhunters…?

…come up with ridiculous skill/experience mismatches with positions? I used to get calls when I was working advanced space programs in Downey from headhunters looking for me to do things like avionics spec development for Navy fighters at Point Mugu. There was nothing on my resume to indicate either experience or interest in such a thing. My theory, then and now, is that corporate headhunters are both desperate for fresh meat (though that’s less of a problem in this economy) and clueless about technical jobs.