U.S. corporate profits remain a bright spot in the economy. P/E multiples are low. But, the plop you heard on the stock market last week was the end of any hope for a market recovery before the election. The GDP forecasts for Q2 and the rest of 2010 are worse than they were before last Read the full article…
What creates a junior bureaucrat? First, you need low self-esteem. Someone who has a job that is repetitive and has no clear goals or measurable results. Couple that with levels of management above that has one requirement,”don’t embarrass me.” How does a junior bureaucrat gain job satisfaction? By creating problems for the people they serve. Read the full article…
Those of us who live in or around Chicago are accustomed to Obama’s strategy of creating a set of metrics to report unemployment results in the US. It’s Chicago politics at it’s most creative. Don’t like the real results, just make some up. Concerned about credibility and integrity, why? Voters expect all politicians to lie. Read the full article…