Archive for September 13th, 2005

You Want Price Controls?

FT.com / World / Asia-Pacific – Beijing defends stance on petrol prices
Take a look at China.
China has defended its refusal to lift pump prices to keep pace with rises in the global oil market over the last 12 months, saying further increases would damage local industries, the military and the economy.
Zhang Guobao, vice-chairman of the [...]

Northwest and Delta – Say Goodbye

Northwest and Delta Are Said to Be Preparing for Bankruptcy – New York Times
Unfortunately, they probably won’t actually vanish. Some politician somewhere, easily from either side of the aisle, will want to offer some government backed loans to keep the planes in the air.
Completely misguided policy, and I’ll bash either side for doing it.
Bankruptcy [...]

Steve’s Hockey Corner

Many retirements have popped up in the last few weeks. It is disappointing that so many great players missed their final year because of the lockout.
Messier. Greatest leader in any team sport. Ever.
Al MacInnes. What a pleasure to watch…his slap shot bust the glass behind a cowering puck-eater! Won The Cup [...]