LINKS – autocrats, French tantrums, country-lovers, and PG-rated NCAA goings-on
Jennifer Miller
A growing chorus is questioning Barack Obama’s seemingly disparate policy on Wall Street versus the auto industry. The “Wall St. v. Detroit” tension was highlighted yesterday with the encouraged stepping down of now-former GM CEO Rick Wagoner, as well as the pushed coupling of Chrysler with Italian automaker Fiat in order to tighten the debt belt. But is he being too harsh on Detroit? Michigan Democratic Senator Carl Levin weighed in on the ultimatum: “Their option is either to take a haircut or a bath.” Sometimes haircuts and baths are good. But if these haircuts and baths include cutting the promised retirement pensions to autoworkers who were explicitly promised “If x, then y” regarding benefits of becoming lifetime employees, is it necessarily a fair pitch across the plate?
Next up, financial segue time – French President Nicholas Sarkozy is threatening to walk out of this week’s G20 Summit on the global economic crisis unless France’s demands for tougher financial regulation are met. Still, what’s with the outgroup-y quip about blaming “the Anglo-Saxons” (read: us and our fish ‘n’ chips-eating neighbors across the pond)? That, and he and Angela Merkel are suddenly strange bedfellows in a good instance of camaraderie by negation. Drama at the G20.
Or maybe just drama on Fox News. Because nothing made me happier than the fadeout music on MSNBC’s ‘Morning Joe’ this morning being “Proud to Be An American” after repeatedly playing the clip of Glenn Beck crying on air. Does that look real to you?
Did I say something about strange bedfellows earlier? …did you see this commercial? I mean, it’s March Madness. Strange and beautiful things happen in March Madness – including, apparently, but not limited to Rick Pitino and Bob Knight putting on a jam session in their underwear. What does that mean? “It means you’re gonna have to put on some pants, pops.”
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