Sunday, May 11, 2008
Exercises in Futility
One priceless picture and a few Sunday headlines that may make you shake your head:
In W. Va., Clinton's Disciples Persevere
That's right, the Clinton faithful(est) are still pushing the rock up the hill.
U.S. Legal Work Booms in India
This one truly amazed me: we are now outsourcing our legal work to India. They do everything but sign the papers and appear in court (because they are not licensed to practice in America). The upshot of this is that, if we continue sending high value business to India, eventually their wages will rise and it will no longer make sense to outsource (you know, a rising tide lifts all ships, etc.).
Growing Deficits Threaten Pensions: Accounting Tactics Conceal a Crises for Public Workers
Oops, looks like Arthur Andersen-style accounting has found its way into the public sector. Wait, you mean that government-run businesses are subject to the forces of ecnomics too?
Losing a Home, Then Losing All Out of Storage
People are losing their homes to foreclosure, putting all their stuff into storage facilities, and then losing their stuff when they don't pay their storage bills. Who's gonna stop those predatory sub-prime storage facilities?
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1 comment:
That was fun reading. Did you do the math on the Indian legal work? A whopping 2500 / yr. for each of the 24,000 employees. Talk about a rising tide.
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