A collection of often sceptical, always candid observations and insights on the US economy and large-cap equity markets. Readers have observed my style and perspective to be that "the emperor has no clothes," and that is reasonably accurate.
Postings reflect my philosophies and perspectives on economics, business and politics.
Friday, June 05, 2009
GM Odds & Ends
According to a friend who watches MSNBC and listens to Joe Scarborough's radio program, Jim Cramer weighed in on the GM bankruptcy this week to the effect that it is merely a jobs program, paid for by the government, for UAW members. Here's the video:
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