Author: KlatooBaradaNikto

Today, Delphi plans to file a motion with the bankruptcy court to set aside its contract with the UAW that would nullify its pension and health obligations.If the UAW decides to strike in retaliation, it would set in motion a...

In a famous interview, Zhou-En Lai was asked ” What do you think were the consequences of the French Revolution?”.Zhou’s response,in classic Chinese, was “it is too early to tell”. I bring this up...

In an excellent short article today in the NYT, Daniel Gross makes the point that higher corporate profits for the first time have not resulted in higher wages.This has been true not just for the United States,but also for...

Last week brought the confident assertion of Chinese Prime Minister Wen Jia Bao that this will be the New Asian Century.Coming as it did after Wen’s successful visit to India, it can be taken as the sign that the two Asian...

Two days ago, Wen Jia Bao, the suave Chinese Prime Minister, after a particularly successful visit to India,pronounced that a new era of cooperation between the two Asian giants will usher in the New Asian Century.Given the...