The G20 summit of the world’s largest economies does not officially get underway until Thursday, April 2, but there are already signs that the event could be a significant benchmark in the evolution of the economic crisis. Read more…
The sun isn’t up yet on the East Coast of the U.S. as I am writing this, but the prospects of the national strike in France has led me to an early check of the news to see what is happening (to the degree I can access it – shame on the mainstream American news media for totally missing this story!). Read more…
There is a massive protest called to take place throughout France on March 19. According to a Reuters story datelined March 19, some 75 percent of the population support this protest, which is expected to draw more than one million people to the streets. This protest may be yet another indication that the worldwide economic crisis is morphing into a global social/cultural/political crisis. If that is the case, any current predictions about when the economy may bottom would become irrelevant, because economic programs will be trumped by political turmoil. Read more…
“Accept The Truth Whatever The Source.” That’s an expression from The Talmud. I know because I quoted it when I spoke in front of the School Board of Prince Edward County, Virginia, when I was a teacher there in 1968-69. I was speaking to an all-white male panel as a Jewish white boy from out of town who was teaching in the public schools. It was the year after the schools were forced to reopen by the U.S. Supreme Court after being closed for seven years as the nation’s most severe example of “massive resistance.” Read more…
I am watching today’s Congressional hearings on AIG and the other coverage and commentary on what can most accurately be called “Blog TV”: CNN, CNBC, MSNBC, etc. Here are reactions in a stream of consciousness fashion. Read more…
“Poretz’s Law of Jerks on the Street” was originally formulated by me in January 1981. Read more…
Basic Theme Of Death Of Time, The Economy, Political & Cultural Environment
I started a home-based one-person investor relations firm in 1991, just as cable investment/financial news was starting to be identified as a viable commercial market. I worked at home until about 1997. I do not remember when I started throwing objects at the TV when watching CNBC but it was between those years. Read more…
Communications & News Business, Quick Takes, The Economy, Political & Cultural Environment
This is a narrated self-running power point presentation that reiterates on my post about the prospects for a change in the headlines around the world. Consistent with my also previously discussed belief that the current economic crisis is more comparable to the days preceding the French Revolution versus the Depression, I identify three common denominators for protests that are happening around the world. If I am correct, I think it means we have to start looking at what we do and don’t do from a different perspective. Read more…
For the past several months, it seems as if there should be a singular version for the word “news” because there has been really only one story: the economy, and what it means to people, how it happened, what’s happening now, who’s to blame, what should be done about it. But there’s about to be a much more significant story taking over the headlines worldwide: social, cultural and political upheaval. Read more…
I’ve been involved with several corporate turnaround efforts. And I’ve learned an important lesson from that experience that President-elect Obama should consider: you start a turnaround effort from the inside. That requires a focused and dedicated effort; it shouldn’t be a side issue. Obama should create a Chief Internal Communications Officer. Read more…
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