These bailouts are an awful idea -- the worst of K St. capitalism (== kapitalism) inviting an insanely bad future for the industries affected. If there's one thing worse than Detroit managed by the managers who have been driving the American auto industry into the ground for the past three decades, it is Detroit managed by politicians.
People speak about this as if not bailing out Detroit means automobile production in America ends. That's not what failing to bailout Detroit means. Not intervening now would be these automakers would enter bankruptcy. And bankruptcy means the assets of these dinosaurs get reorganized: Someone else buys these companies, at a price the market sets, and runs them profitably, because of the price the market set.
President Donald Trump’s hand-picked Postmaster General Louis DeJoy launched a major overhaul of the U.S. postal mail service. Among the changes, the two top executives overseeing day-to-day operations have been let go and replaced with DeJoy’s new picks, according to a reorganization memo released Friday.
Creating a fantasy world for a video or role-playing game is tough enough. In addition to all the game framework and functionality that goes into a build of any size, creators invariably sweat over the most minute details of every weapon, outfit, or other distinctive objects in their game. Even if your game is set […]
We get it. You don’t have to go to the office anymore. That’s no excuse for letting your grooming go positively feral. We’re not saying you need to be GQ cover model-ready every Monday through Friday. But at least put in some effort to keep yourself relatively trimmed, clean, and on point. Even if you […]
With everybody cooped up inside right now, it’s no surprise that many houses are starting to get a little bit…well, funky. Yeah…they smell. With everybody running around and sweating and working and cooking and everything else, odors get trapped inside your home. And don’t even get us started on what happens when litter boxes and […]