You can fool nearly all the people…

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Prophecy in 1994 – rebuffed by that Trilateral whiz Charlie Rose – is fulfilled 25 years later

How unfair trade has ruined economy! Television’s historic moments include: America’s landing on the moon, the assassination of President John F. Kennedy, the tearing down of the Berlin Wall and for some, various Super Bowl touchdowns, and for others, multi-millionaires accepting honors from the Academy of Motion Picture Arts and Sciences (AMPAS). An interview in 1994 of Sir James Goldsmith by recently humiliated PBS legend Charlie Rose is never on […]

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CNN, Paul Ryan, Cato, NY Times, Paul Krugman, Heritage – one establishment voice against tariffs

Rich or poor, religious or not, every leader of every Southern state in 1860 opposed tariffs and embraced slavery. In the North, where there was no slavery, everyone favored tariffs to protect both American industry and wage earners from unfair foreign competition. Today, Paul Ryan, Cato Institute or Heritage Foundation invariably promote cutting Social Security, Medicare, Minimum Wage, in fact they despise anything that helps the middle class. On the […]

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World’s richest man uses OTS scorecards and “walks” to manage his Whole Foods workers

A recent report on the Jeffrey Preston Bezos‘ supermarket chain reminded me of when the owner of our newspapers hired an MBA efficiency expert, who had to justify his too high pay. Until then, middle management had perks – use of a shore home for a week, annual merit raises, partnering of budget preparation. Soon, all that ended. Instead, everyone received a piece of paper with spaces and a title: […]

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Richest man in world ($115,000,000,000) offers only $8 a week raise to some of America’s top journalists, meanwhile spending $42,000,000 for a cuckoo clock

Washington Post writers and reporters began the New Year with a major problem: their owner was offering a lump sum $12 a week raise in the first year of a new contract, and $8 a week in the second year. Plus, unlike the New York Times staff, they had to pay for their own coffee. It’s not like this owner needs to cut expenses. The master of Amazon, Jeff Bezos, […]

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Everyone was watching the girl in the teeny bikini, just like the public is now looking for a big tax cut

As I entered the general manager’s office in the Gimbel’s Cheltenham department store, the mood was surly. Picking up an ad for my Philadelphia newspaper was usually pleasant. Sometimes conversation about merchandising for the 250,000 square foot emporium. Other times small talk and smiles, but not today. It was a Spring afternoon in the late 1970s, and two hours earlier a tall blonde, wearing only a string bikini and high […]

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If your family was as rich as the Waltons, you could easily buy Buckingham Palace over and over again

Some one million Walmart employees in the United States will have their meager pay supplemented this year with a bonus averaging $400, thanks to the lapse of usual parsimony by the owners of the world’s largest retailer – the Walton family. That total $400 million is $71 million less than the cost of the bottom two estates ($222 million and $249 million) in the above video of the five most […]

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Trickle, trickle, fools we are, to trust the rich, now flush with cash, will share with us their bounty

The inlaid walnut table in the corporate boardroom held 12 on either side and two or three at each end, and the execs were all perched, prepped to pounce, when I dragged in my 2001 budget – 1015 pages of spreadsheet and other sheet. As division CEO of a NYSE-listed publishing company with nearly a billion dollars sales, my pitch was explain how I would increase sales, restrain costs and […]

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