November/13/2011 16:19PM
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On  his way out of town to see North Carolina and Michigan State play basketball on an air craft carrier, President Obama took time out to make two phone calls to Super Committee members telling them to get to work. He warned them he would not approve alterations to the kick-in provision if they fail to Read the full article…

November/08/2011 16:58PM
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I was premature in giving our president credit for making a decision on the Keystone Pipeline. (see One-Woman Jobs Wrecking Crew post) I should have known. The White House announced yesterday that Obama will postpone any decision on the pipeline until 2013. Of course by then the whole idea may have died. The Chinese want Read the full article…

November/02/2011 16:07PM
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A business allocates capital based on some value added formula. Various projects must compete for scarce capital based on the present value return of each investment over some period of time. The projects that give the best return get the capital, those that don’t get scrapped or delayed. We have a so-called Super Committee supposedly Read the full article…