Very Light Jets

There are a new breed of smaller, cheaper jets, powered by compact, superlight engines that could transform the face of aviation. These are planes from companies with names such as Eclipse, Adam, etc.  They typically carry three to four passengers (in addition

Nude Dancer Greets Airline Passengers

A giant silhouette of a naked pole dancer is painted on a field beneath Gatwick Airport’s flight path.  The 100,000 square foot advertisement is nearly invisible from the ground, but can be seen by airline passengers flying out of London.  

Petroleum Company Success

 As a shareholder in ExxonMobil, you could probably guess that I’ve been pleased with their stock performance.   Over the last year, the stock price has increased from $56/share to $84/share.  I recently received my annual report and I decided to

Economy: Pro-Capitalists .vs. Anti-Capitalists

An interesting article from Arnold Kling about the Great Depression and economic policy under FDR…  Below is a table that summarizes the two sides in the tug-of-war over capitalism.    Note: Under “Anti-Capitalist”, you can put Democrat in parentheses. Issue Pro-Capitalist

Wireless Electricity?

An interesting technical project at MIT… they appear to have discovered a way to provide electricity without wires.  Details about WiTricity, or wireless electricity, are scheduled to be reported today in Science Express, the advance online publication of the journal Science.

Ford in Financial Trouble

According to a recent story in the Detroit News, “Ford Motor Co. lost $5,234 on each vehicle it built in North America last year, a shortfall that’s nearly eightfold what it was a year earlier.”  How do you come back

Are Ford and GM Bankrupt Companies?

An interesting article in Fortune about the likely bankruptcy of GM and Ford… a few key excerpts: The bottom line is, in order for GM to survive, it needs to make rapid, substantial gains in profitability. Of course, this was