Category Archives: Economy

Mayor Mike Milks Culture War

Bloomberg, chick-fil-a, social justice warriors, cancel culture
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President Obama warned Democrats that average Americans don’t want to tear down the system. But it seems some Democratic Primary candidates do. Michael Bloomberg figures he’s just the antidote for that problem. He’s no radical. In fact he was a Republican before he identified as a Democrat. Come to think of it, he was a Democrat before transitioning to Republican. And all without surgery. He’s his own bipartisan caucus. And he’s thinking about tossing his hat in the ring.

Mayor Mike

While Bloomberg was a Republican mayor of New York he supported the police Stop and Frisk program. And the murder rate plunged from 650 a year to 300 during his reign of terror. It’s true that most of those stopped and frisked were minorities, but then so were most of the murder victims. The murder decline could be a coincidence. But what politician wouldn’t take credit for it anyway? Um, Mayor Mike wouldn’t. He apologized for supporting Stop and Frisk.

As for Chick-fil-A, its CEO Dan Cathy is an evangelical Christian. And he tries to run his business by Christian principles. One of those principles was serving the poor through donations to the Salvation Army. But that upset culture warriors. That’s because the Salvation Army holds a traditional view of marriage. Like Obama sort of did, until he didn’t.

But Chick-fil-A needs to make money to do good. So, in an effort to get the world to eat more chicken, the company trimmed the Salvation Army from its Christmas list.

Not Just First Woman of Color Anymore

elizabeth warren, school teacher, first woman of color, pocahontas

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Before she was the first woman of color at Harvard Law School, Elizabeth Warren was a school teacher. But then she got pregnant and the principal “showed her the door.”  At least that’s how she tells it. But that’s not what happened. She quit. Her contract was extended that spring but Elizabeth decided to go another way. And the board accepted her resignation with regret.

Much More Than First Woman of Color

She went back to school, earned a law degree, became a bankruptcy expert, helped found the Consumer Financial Protection Bureau and went on to regulate big banks.

Gillette’s Real Target Audience

 

Gillette's real target audience

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Here’s the Gillette ad directed at customers who may be underachieving in the best a man can be category. But ADWEEK says the ad was a hit with Gillette’s real target audience – women.

 

Sears New Year Liquidation Sale

sears
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Sears chairman Eddie Lampert stepped in with a last minute $4.4 billion offer to buy the bankrupt company. CNBC says Sears advisers have until Jan 4 to decide if he’s a “qualified buyer.” “Only then could ESL take part in an auction against liquidation bids on Jan. 14.”

Stock Market December to Remember

stock market December
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Your 401 (k) Goes Bungee Jumping

It was the night before Christmas and the Dow Jones Industrial Average plunged 653 points. But the day after Christmas the bull bounced back for a record 1,000 point gain. Alas, the stock market December to remember continued as the Dow dropped 600 points the following morning. But not to worry. Late in the day the Dow made a record 850 point u-turn to finish with a 260 point gain.