Page 18 - Core Point News Today

Wages for the folks that are working but lower labor participation. people would have another option. you decide what you care about and you do something to solve that problem, that problem you care about. the trouble is that you push the balloon down in one place and it goes up in another. similarly, she made i thought a very important part. when you are trying to increase access to credit, these for-profit guys are going to do a lot of things to increase access to credit, some of which we are ...

Which regulations can become means by which incumbent firms rig the rules in their favor and create barriers for entrepreneurs and people that want to get in the field. both of you had responses. you wanted to say something. >> i think they are absolutely right. you can have good regulation and bad regulation. when you have regulators, part of the point is that the existing lobbies are going to capture regulators and do what you are talking about. the core question is, do you believe in self-reg...

Have you this labor dispute, lets consolidate there instead. the thing is they are a very powerful incumbent. so, one of things you see happy -- one of the things we do when theres a downturn, very aggressive monetary stimulus, perhaps a case for that, but what happens with that is that its designed to encourage certain kind of innovation. it is what you might call exmroe tattive innovation in which you increase the scale of operations. when you do that you do that by substituting technology for...

Romney did. they borrow capital to buy existing companies, they attempt to make companies more profitable in short term, by cutting expenses, firing staff, busting unions, cutting salaries, health care and pensions. they reward themselves with large fees and bonuses taken from the companys cash flow and sell off the business and reap the profits typically leaving companies load down with debt. in some cases it worked out well for companies. the point is that romney wasnt a job creator so much as...

Because we are liberals, we believe in sharing here. how are we doing? the other recess appointment obviously made that got a lot less attention and i think this also points to something that i was trying to illustrate in the story at the top of the hour is, these things dont make headlines. the nlrb, a certain set. the chamber of commerce has been hammering on the nlrb and the republican primary and presidential primary field. mitt romney is running ads in south carolina against obamas handling...

Story. once bane made it public, 11 of the next 12 quarters, negative same store sales, negative sales compared to the pizza industry. it got to the point they had to change their complete pizza recipe. the neat 2009 commercials -- >> most amazing. they ran an ad campaign saying our pizza is absolutely terrible and we understand that. were going to try to make it better. i mean -- >> thats exactly right. and it worked. it worked very well. dominos has recovered. it got to that point under bane c...

Years. she said to him, well she said, why are people making such a big deal of it? >> good point. >> thats a delightfully self-serving anecdote. >> it is being fought out right now over bozzle three, which is we can not regulate better. this is going to be my pro-canada moment. mark carney, who is going to be the top dog international regulator, gave a speech in washington addressing this head on. he said in no other area of human endeavor do we say, its okay, we are not even going to try to ma...

Capital owned us and that that the ceo was running for senate in massachusetts. i mean, to me that was an opportunity. when the story broke that mitt romney was running for senate and then had this plant, basically putting everybody out of work at that point, then the kennedy campaign called and said, can we put some folks in an ad? we had nothing to lose. we were on the street, was trying to get a contract. wed do it again if we had to, im sure, all the workers -- i stay in touch with many of t...

Work. the point here isnt that they are not really smart. they are very, very smart. the point is, if you should create this computer game and set up a bunch of companies, a bunch of players all pursuing their self-interest madly. do you have a wonderful market economy or a car crash. i think a big reason you had the car crash and it started in the united states is that you guys lost the view that you needed someone in the center of the ring whose job was not to be a farmer and grow these busine...

It absolutely can be. where there are unions, they are. >> the point is autoworkers were once janitors, especially, home care aids in terms of what their wages were, social status, the amount pow arer they had -- >> but the period in which he had got paid more was a very different period from the one were living in now. and right now those jobs, i would pause it to us all, without having a solution, are exposed to much fiercer competitive pressures than they were in this golden period when those...