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Can the Middle Class Be Rebuilt? - Room for Debate
Should the government strive to create middle-paying jobs? If that is a lost battle, what is the alternative path to recovery?The middle class cannot be rebuilt directly.If the labor force is earning the supervisors of the labor force will be earning. They are not earning now. -
Making Laws About Making Babies - Room for Debate
In America, one sperm donor can have 150 or more offspring. Other nations would not allow this. Should the U.S. emulate their stricter laws?No.Sperm banks do what they can to inform their users.The mothers must be selective about their children's genes.It matters. Their children will be with them. -
Lost 5 Years, a Colorado Cat Finds Her Way to Manhattan
http://www.youtube.com/watch?v=bETCusT5kNM
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In India, Online Retailers Take a New Tack
Cash and carry is one old modelanother is C.O.D. and that is not even fishy.
Next they will be selling off the back of a wagon. The new feature will be to use an optimizing program to plan the delivery rout. Farm shares have not hit there. It looks like a world of retail opportunities. -
AOL, Yahoo and Microsoft Reportedly in Ad Deal
Reads like a combination in restraint of trade to me. These are pooling their resources in the attempt to shut out Google. Google is bigger than any one of them in the display add market.
My mood is let them fight. Better for the rest of us as long as they stay fair. -
Steve
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Friends With Benefits
By WILLIAM D. COHAN
Can Goldman really expect to squeeze more water from this stone?
Sadly, yes.With Goldman’s investment in Facebook, we have a front-row seat to the process by which Wall Street creates and inflates financial bubbles.
First, Goldman’s cost of capital is close to zero — as a bank holding company, it can borrow from the Federal Reserve at negligible interest rates
Second, Goldman has almost certainly locked up the role of lead manager of the inevitable Facebook initial public offering.
Fees for underwriting public offerings are generally about 7 percent of the value of the stock sold.
generating fees to Goldman and the other underwriters of at least $140 million.
Goldman has also won from Facebook the right to offer an additional $1.5 billion of the company’s stock to its private-wealth clients.
likelihood that Goldman will get to manage a good portion of the $12 billion fortune belonging to Mark Zuckerberg, Facebook’s founder, for yet more fees.
The average investor, of course, who will get left holding the bag when, someday, Wall Street realizes the firm’s financial performance doesn’t live up to its hyped valuation.
Cohan is just really jealous.
You do not have to buy.
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Remember Museums' Duty to the Public - Room for Debate
For most New Yorkers, a visit to MoMA has become a luxury experience.Abby Rockefeller may have felt such a duty. The board managing her foundation has no such duty. "What the traffic will bear." -
North Korea's First Cruise
If we can't get better accomodations we can take the plane.North Korea really does not know how. -
squinlivan
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A Legal Battle: Online Attitude vs. Rules of the Bar
“A Legal Battle: Online Attitude vs. Rules of the Bar - http://bit.ly/3xMZCy”The Bar wins if it can find the perpetrator.Better to just appeal. Judges really hate to be reversed.
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KenDenno
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A Legal Battle: Online Attitude vs. Rules of the Bar
“A Legal Battle: Online Attitude vs. Rules of the Bar - http://bit.ly/3xMZCy”Arbitrators like tired judges have no sense of humor.Just hold your tongue and appeal."Their freedom to gripe is limited by codes of conduct."The Bar is in control of the code.http://en.wikipedia.org/wiki/Bar_associationContempt is not a trivial charge.Lawyers are people. Some think better than others.You always pay for what you get.
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