An appropriate accompaniment to this season’s return of Mad Men is Jane Maas’s entertaining and rueful memoir of what it was like to be an advertising woman in the 1960s and ’70s. Maas, a star copywriter who became a creative director and president of an agency, is best known for being the “mother” of the successful “I Love New York” campaign.Read more
Top Chris Christie donor Ken Langone made the case this morning on CNBC that Carly Fiorina is only doing well in the presidential race because she's a woman. "She's done nothing of any consequence in business," said Langone, a founder of Home Depot.
Langone turned to Becky Quick, the only woman on set, and asked, "Becky, question for you. If the only reason you are sitting there and had this job is because you're a woman, how would you feel about that?"Read more
Democratic presidential candidate Bernie Sanders railed against the NSA and corporate privacy concerns this morning in an apeparance on NBC's Meet the Press.Read more
Last year Hillary Clinton called the Russia "reset" policy "totally transactional." The comments seem to take on a new meaning after last week's news about Clinton helping to approve the sale of uranium company to the Russians.
“When the Obama administration came into office, it was only months after Russia had invaded Georgia and taken over two provinces, which they declared independent states, which are totally dependent upon Russia," said Clinton.Read more
Amidst the cliched rhetoric decrying “unpatriotic” companies that accompanied the Obama administration’s recent move to address corporate inversions, it was easy to miss the fact that there is relatively little of substance that can be remedied via regulation alone, even with Treasury Secretary Jacob Lew stretching the limits of executive power.Read more
President Obama and First Lady Michelle Obama have made increasing the federal minimum wage one of their marquee issues during campaign appearances leading up to the 2014 elections. After pushing for an increase to $9.00/hour up through 2013, the president moved the bar up to $10.10/hour in his 2014 State of the Union Address.Read more
A Nevada man complained to Vice President Joe Biden that it's hard for small businesses to operate these days:
"It's real hard for the small businesses," said the Nevada man. "It's not so easy."
He added, "Right now it's very hard for a small business to make it--and everybody."
"Yeah," said Biden, seemingly in agreement.
"It is very hard," the man said.
The vice president is in Las Vegas, Nevada today.Read more
Publicly, President Obama loves to demonize insurance companies. But behind the scenes, Big Government and Big Insurance maintain a cozy alliance that the Obama administration actively nourishes, often at taxpayer expense. Indeed, as emails recently obtained by the House Oversight Committee show, Big Government and Big Insurance have worked together to promote Obamacare. They’ve also worked together to make sure taxpayers will help bail out insurance companies who lose money selling insurance under Obamacare — that is, unless Republicans stop this from happening. Moreover, Obama senior advisor Valerie Jarrett is among the prominent White House officials who’ve been in the middle of this collaboration between insurers and the administration — between those driven by the profit motive and those driven by the power motive.Read more
Pfizer is an American pharmaceutical company that makes Viagra to increase many men’s sexual activity, and Lipitor to prevent strokes and heart attacks (my lay language, not the more precise Pfizer claims). AstraZeneca is a British pharmaceutical company that makes cancer and other drugs. Pfizer says AstraZeneca faces “difficult challenges” because patents on many of its drugs will expire soon and offers to be helpful by buying the company for $106 billion (£63 billion).Read more
Northern New England is in its glory; now and for the next week or so. The leaves are nearing peak color and until yesterday, there has been a big high pressure zone parked over the area so the weather has been what would once have been described as "heavenly." It has been raining now but in a few days, the sun will shine again and the leaves will still be there, in full. And for that, Washington can take no credit.Read more
The antitrust lawyers I have served as a consultant often have the same complaint: Their clients don’t know when to shut up. This was certainly true of the executives of US Airways and American Airlines as they touted the virtues of their proposed $11 billion merger. US Airways president Scott Kirby reportedly said consolidation allows airlines to raise fees and charge for baggage, and the company’s CEO, Doug Parker spoke of the virtues of “rationalization,” which antitrust enforcers have always taken to mean higher prices and consumer harm. Now that the Justice Department has decided to sue to stop the merger, the airlines’ lawyers say these comments are taken out of context.Read more
KSAT in San Antonio reports that a local businessman faces a $1 million Obamacare bill:
Local Ci Ci's pizza franchise owner Bob Westbrook had to sell off part of his business due to Obamacare:
"Bob Westbrook, franchise owner, tells us: The Affordable Health Care Act is the reason why he sold some of his stores, because it would cost him 30-thousand dollars more out of his payroll," an East Texas affiliate reports.Read more
With another of those airline mergers in the works, there is a possibility that flights from Washington's Reagan National Airport to some smaller cities out in the interior may be cancelled to the inconvenience of members of Congress who need to get home regularly and hang with their constituents. There are other airports in the vicinity of Washington but Reagan is easily the most convenient.Read more
Last week, it was announced that Ray's Hell Burger just outside Washington, D.C. would be closing its doors. A fan of the burger joint was President Obama, who had visited the location with his Russian counterpart.
Well, it's happened again. In August, Obama visited Star Brewery in Dubuque. And now a local publication reports that the business is closing its doors.Read more
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