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Sunday, Nov 8, 2009
What I saw GM do was pre-sell a bunch of business with 6 year, no interest, loans. What that gave them was a bubble, a slump on the downside, and an ongoing interest cost.
How many low down, zero interest, loans do you suppose are defaulting right now?
Management and the unions built themselves into a catch-22. If that wasn't true, they would have had (a) genuine profits, (b) a sustainable model, and (c) growing market share, before the credit crisis.
Much of the initial coverage about Fort Hood turned out to be wrong. Is there anything wrong with that?
The accountability imposed by another country for the CIA's kidnapping and torture reveals much about our own.
Fox News' morning show plays to type, talking about whether Muslims in the Army should face "special debriefings"
The survivor and author is upset about comparisons some on the right are making to genocide
Once seen as a lunatic fringe, reactionary anti-women groups are courting respectability
Salon headlines in your mailbox
