Auto crisis due to 30 years of Wall Street Weaselhood

Bluehawk points out that U.S. car makers do not have the cash reserves car companies have in other countries because of the way Wall Street pressures the past 30 years have forced all U.S. publicly traded companies to keep cash reserves to a minimum and load up on debt. This, as a way of warding off hostile takeovers.

Auto crisis due to 30 years of Wall Street Weaselhood

I should have remembered this days, even weeks ago. James Crotty covers it in his work on how financialization has impacted non-financial companies.

Also, check out this guy: Ozgur Orhangazi
Assistant Professor
Roosevelt University, Chicago
Department of Economics

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when you see an accurate poster like this

You might invite them over to EP to post. Because we're all Econ, all of the time, plus blog posts by everybody get front paged, they get more exposure, more readers than on DK where such effort can just roll off the screen in a matter of hours. Also, others who are focused on all things econ can really add to discussion here too.

I also have in the user guide how to cross post.

When one simply copies and pastes a blog to multiple sites, the great Google punishes a blog, usually the ones with less overall hits in it's page rank. So by putting in a little cross posted at The Economic Populist at the top as well as slightly changing the title, it gets past the great Google ranking God and doesn't hurt EP's visibility/page rank.

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