For years I believed that managerial incompetence in the U.S. automobile industry had no limits. I was right. But that was only part of the story. Now these giants of industry and their million lobbyistreplicant march on Washington is on the cusp of a monster bailout that promises to suck $15 - $25 ...

A Dear Reader of my recent post "CEOs and greed: tell me something I don't know" asked me why I left out the AIG story, the one where the managers go and spend millions at a spa just after the government has ponied up a $85 billion bailout. My reader wondered why I did not explain in detail what the...

Once upon a time, France was the most-populous, most-envied nation in Europe; once upon a time my U.S. passport was in English and French. But alas, France never quite got to be Europe's most powerful nation. Napoleon almost got there, but his adventure bumped up against the Russians and that was it...

There was a 30-year period following World War II in the United States when we made an effort to put our values into practice. It was not just the Marshall Plan or "imposing" democracy in Japan. We did away with segregation laws; we provided housing and education for our veterans; we found...