Tuesday, January 24, 2012

Tuesday Links

1. Some Chevrolet dealers are turning down Volts that General Motors wants to ship to them, a potential stumbling block as GM looks to accelerate sales of the plug-in hybrid.
 
2. GALLUP: U.S. economic confidence is rising and was at -25 for the week ending Jan. 22, improved from -29 the prior week and the highest level since the week ending May 22, 2011.
 
3. An international study of postal services in 30 high-income countries finds that most are profitable, and the ongoing losses in U.S. are an exception (losses in all five years from 2007-2011).
 

5. U.S. $2 bills are a hot item in Vietnam for the Lunar New Year, and are selling above face value, some for $125, Isn't that "bill scalping?"

4 Comments:

At 1/24/2012 1:11 PM, Blogger sethstorm said...


4. Thomas Sowell endorses Newt Gingrich.

No surprise that a Southerner supports another.

If Newt wants to rail upon his opponent being a corporate raider, then he should look to his home state of Georgia. That state's economic development department is a corporate raider that uses government interference and stimulus money to steal (and ultimately reduce) jobs.



...and the ongoing losses in U.S. are an exception (losses in all five years from 2007-2011).

That's because the USPS is being purposely killed with a massive pension obligation. It's like a huge boat anchor to an otherwise profitable USPS.

Kill the pension obligation first. If one is not willing to do that, then one has a vested interest in killing the USPS.

 
At 1/24/2012 4:12 PM, Blogger AIG said...

I don't often disagree with Thomas Sowell, but this time I do.

 
At 1/24/2012 4:48 PM, Blogger Jon Murphy said...

I don't often disagree with Thomas Sowell, but this time I do.

I agree with you, AIG.

Ah well, we are all entitled to our opinions.

 
At 1/24/2012 7:21 PM, Blogger Ron H. said...

"Thomas Sowell endorses Newt Gingrich"

"Endorse" may be too strong a word. Sowell seems to be saying "Anybody but Obama".

"Those who want to concentrate on the baggage in Newt Gingrich's past, rather than on the nation's future, should remember what Winston Churchill said: "If the past sits in judgment on the present, the future will be lost. If that means a second term for Barack Obama, then it means lost big time."

 

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