The Vital Small Differences The Photograph is of the president's little known future relative, 'Barack Gorbachev'. I have mislaid the attribution but will restore it later today. I suggested last year that Mitt Romney, in a post-election broadcast, was callous to urge bankruptcy for the Detroit motor industry. Mr Romney, whose father was governor of Michigan and a candidate for president of the United States in 1968, is immensely rich. He has a grasp of business. He knows that American bankruptcy is not really the same as bankruptcy in Europe, but in fact is a court-based protective scheme in many instances, which often allows businesses to carry on or to reincarnate themselves easily. The federal government didn't heed Mr Romney's advice, and yesterday admitted that Detroit would have to go out of business, but only when measures to protect workers and to try and maintain companies after restructuring or international mergers took place. The small difference is th...
This is a collection of personal and largely unedited observations covering the years from 2006 to now; I assert my copyright but am fine with links and footnotes. Some posts are obviously much more researched than others, and any errors are wholly mine except where I have innocently disseminated or linked to other bloggers or commentators.