The Financial Times has announced the 2008 winners of “twaddle” awards for ludicrous business phrases and practices — they’re all good, but this one is truly outstanding: Third is the award for Most Aggravating On Hold Message, which in 2008 was as hotly contested as ever. However, the clear winner was the UK’s Driving Standardscontinue reading
Dalton48 Archives
He would know
A rare moment of candour from an unlikely source: Daniel Seaman, director of Israel’s Government Press Office, said opening the Erez crossing would endanger its staff. But Mr. Seaman also asserted the absence of foreign journalists was good for Israel because the Hamas militants who rule Gaza fabricate coverage to make Israel look bad. “Andcontinue reading
Take me to Neverland
Welcome to the TinkerBell economy. If we all believe and clap hard enough, the hope is that it will pull through. – Yves Smith of Naked Capitalism coins a term for the upbeat forecasts that call for an inexplicably quick end to the Great Unwind.
Out with the old, but do we really want the new?
Many people were happy to say goodbye to 2008, which will go down in history as the terrifying year we realized absolutely no one is in control of the economy, anywhere. Personally, I’d rather skip through 2009 to 2010 or beyond, especially living in Canada, where the recession fun has just started. Even the BMOcontinue reading
Drink up!
Even hoppy Dogfish Head beer won’t be enough to get some people through the next bumpy year. And so, the return of Depression-era cocktails: The industry has seen a resurgence of drinks that hark back to the prewar eras of Prohibition and the Great Depression, such as the Sidecar, the Old Fashioned and the Manhattan.continue reading
Rae Days redux
California Republicans borrow a good idea: Dec. 19 (Bloomberg) — California Governor Arnold Schwarzenegger today ordered all state workers to take two days of unpaid leave each month to conserve money amid a record budget deficit and a legislative impasse over how to fix it. The furloughs will begin in February and will last throughcontinue reading
We do love the weather news
Now, not only can you watch live coverage on CP24 and the Weather Network, check out radar maps on Environment Canada’s website, and look outside your window, but you can also follow the storm through a live blog on the National Post website…
End of year mindless headline extravaganza, day 2
Another helpful headline: TSX expected to reopen after stall Was there any question about that? Gigantic Hound’s recommendation of a year-long prorogation of the market aside, the TSX isn’t really designed to stay shut. Here, by contrast, is an informative headline on the same topic: TSX to resume trading Thursday And for bonus points oncontinue reading
End of year mindless headline extravaganza!
I can’t really concentrate and there’s only a week to go until Christmas. What better time to grab some of the low-hanging fruit that headlines present. Here’s today’s: BoC chief says economic crisis will ‘end’ Insightful. End, he says –as all crises eventually do. What I really like are the quotation marks around “end”, whichcontinue reading
Forward, Toronto!
Move bravely into the last two decades of the last century! One small step for the TTC is likely just that — one small step. But it’s nice to see anyway! And who knows what one-off goody 2009 may bring…