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Tuesday, February 23, 2016
Media Moguls Cash in on another Election
No matter what you think about political campaigns, most would certainly agree that they are very expensive.
The networks and cable broadcasters have reaped huge profits from the carnival cycle of campaigning entertainment. Civility
is simply not good for business. Enlightened discourse is boring and the high moral plane is only good for losers. Much like
watching the carnage from a war zone or street riots in the hood, the TV cameras focus on the most controversial confrontations
and ignore calls of cooperation. Politics is just too good of a blood sport to allow a modifying influence to temper down
the mudslinging.
Tuesday, February 9, 2016
Fly the Friendly Skies on Cheap Fuel
Flying in those friendly skies has never been better for the corporate airlines. As for the cattle that
is herded into the pens, the exhilaration and excitement has long faded into storm clouds. No doubt that in a competitive
economy, enterprises must make a profit to survive, much less prosper. The airline industry does not have the same romance
of a Yankee Clipper flight to China, but the amenities of sacking out in style certainly improves the hardship of travel.
So what about the economics of the air passenger sector? A CNN reports says it all Airlines saved $11 billion on fuel. You saved 8 bucks.
Tuesday, February 2, 2016
Inversion to Ireland is the Shamrock for Corporatists
When Corporatocracy published the article, Corporate Inversion Relocation almost two years ago, little attention or coverage in the financial press could be found on the tax avoidance practice
of inversion. Now that Hillary Clinton denounced the $16 billion (€14.7 billion) merger of Johnson Controls and Tyco
International, the subject is coming to the forefront. A fine account of this controversy is published in the European press, Follow the Money. A wealth of financial data and charts are available in this translated version from the column.
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