The reality is starting to hit home with State pension fund managers: the fun times are over. Heavily invested in the stock market, most public pension funds looked good as long as times were good, when in fact, they were sitting on the same shaky foundations that...
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It’s not just here- but everywhere: Sprawl
Students of advertising know that when one of the greatest ad agencies of all time got going, the question was posed “how big can we get before we get bad?” It was the early days of Chiat/Day- the ones who brought you the Energizer Bunny, the Absolut...
Are unions still viable?
An interesting thread started in the comments of the post asking if Congressmen should recuse themselves from votes where there is campaign cash involved- and it came down to business vs. union. Jeffrey of Louisville (former publisher of the much missed Daytonology...
We now have a “Middle Class Task Force,” do you feel better already?
On NPR this AM, I heard something about the “Middle Class Task Force” run by Vice President Biden. I’m trying to envision this task force? Will it include soldiers coming to rebuild schools and roads with private contractors like in Iraq and...
Child porn hysteria
“Sexting” is one of those things that makes me laugh- about how out of touch our legislators are- and the lengths that they will go to distract us from real issues. Like the Wall Street Casino- the wholesale exportation of our entire manufacturing base and...
Is smart doomed?
Faced with a massive failure of the Wall Street Casino, it would seem that enlightened leadership would take a shot at reforming the system to prevent a repeat swan dive. So far, that hasn’t happened. True, President Obama (the closest thing we’ve had to...
Public pension plans in dreamland
It took all the major newspapers in Ohio to do an exposé on the golden nest egg pension plan for public employees. As the gap between rich and poor in America widens, the fourth estate isn’t even able to mount a credible look at what’s really going wrong-...
Why we’ll fail. When government loses focus.
I read an interesting editorial by Rance Crain in Ad Age wondering why people haven’t blamed marketing for the financial mess. He makes a claim when business gets sidetracked, things go bad, and the main focus in business is selling things to a specific market....
In what we trust
This is something I’ve been thinking about for a while. It’s long. I hope it’s worth it to you. If you really like it- or hate it- tell 5 friends. The recent financial market meltdown started me thinking about what makes civilized society possible....
Note to GM: sorry doesn’t cut it.
It’s time for a reality check. Saying sorry, or having multi-millionaires working for a buck, or even giving up your corporate jets just ain’t going to cut it. Nope. For losing over 25% of market share in 40 years- while paying lavish salaries it’s...
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