Last week Krugman took on Bush and his connections in "privatizing" Utimco -- the University of Texas Investment Management Co. Well, someone with some credibility on the issue has answered Krugman, William H. Cunningham, former chancellor and former chairman of the board of regents of the University of Texas system. You can read the response […]
A friend of mine told me last night about an encounter his wife had a couple of weeks ago while flying back to San Diego from Chicago. Wife (reading sports page of newspaper): I can't believe the Padres are 19 games out of first place! Man seated next to her: Easy. Just settle down. Wife: […]
The Dow Jones Industrial Index is up more than 450 points as I write. Less than one hour before the market close. Why? Well, probably because the Feds arrested the founder of Adelphia Communications Corp. and his two sons this morning. Want to improve confidence in the market -- put lying, cheating CEOs in the […]
Last month I mentioned that California Gov. Gray Davis had made a little mistake when it came to submitting to arbitration with some lawyers who had sued the state over its illegal "Smog Impact Fee" assessed on people who registered vehicles from out of state in California. Well, the courts have saved him -- and […]
I would have to say no. But then again, I could be wrong. My good, old (we're both "old" now aren't we?) friend Tom Davis criticized my post suggesting that we prohibit the issuance of visas to "any male between the ages of 18-50 from any Arab nation during wartime." Tom said that my suggestion […]
Hauser and others claim that there's something funny going on with Halliburton's accounting practices. I disagree. (surprised?) One commentator on the Halliburton item below pointed out that any cost-overruns on a Halliburton project would likely be contested. Though Halliburton would get paid something for the additional work, since it doesn't have the check in hand, […]
I don't religiously read all the comments posted on various items on this site. Sorry. It's just sometimes I'm not in the mood. Or I don't have time. Or I have some other reason that probably isn't really compelling. (I do however read the vast majority of my e-mail, even if I don't respond to […]