In 1947, Tokyo Electric Cars Company built a lead-acid battery powered EV delivery truck called the Tama which it sold through 1950, when oil supplies and prices stabilized after WWII (cars and trucks were also powered by flammable gasses captured from on-board wood-burning stoves in Europe and Japan in those...

Silicon Valley -- Paul Krugman shared some wisdom last night about the White House Job Summit, which President Obama announced earlier in the day. The Nobel Prize winner for Economics was in Silicon Valley as part of the Foothill College Celebrity Forum Lecture Series. In an exclusive interview, he was...

A recent article in BusinessWeek (September 14, 2009) identified the organizations headhunters look to when trying to identify management talent. General Electric, IBM and Hewlett-Packard were cited as organizations that develop executives who thrive elsewhere, The Coca-Cola Company does not.

The reason given is that "the very attributes that make...

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Nissan's all-new 2011 Leaf "pure...

This is a link to an interview I did with Mark Kelley on his prime time CBC show about the pitfalls that lottery winners and others who receive big money have to deal with.  

My segment of the show starts at about the 47 minute mark and lasts for...

Somebody get the SEC on the phone, stat! Oh wait, they were closed Wednesday for Veterans Day.

Suspicious activity in the options market for 3Com (COMS) raised concerns late Wednesday that news of computer and printer maker Hewlett-Packard's (HPQ) $2.7 billion purchase of the networking company was leaked before...

On November 18, the Obama Administration will hold a small business forum to "determine what additional steps we can take to get credit flowing to small businesses that want to expand and create more jobs." As of the close of business on Friday, November 13, at 5 p.m. PST, the...

If only Goldfinger had just waited

One of Edgar Allen Poe's most famous stories was The Gold-Bug. Written in 1843, it dealt with a man, William Legrand, who was deemed to be mentally ill because he was obsessed with finding gold after being bitten by the gold bug. He...

Here's a completely different perspective on the pending passage of a health care reform bill: If the U.S. government were a corporation, the new health care "division" would represent a major acquisition. This division would have an operating budget of approximately $100 billion per year and could have as many...

"Too big to fail" must die. I am preparing legislation to empower federal regulators to rein in and dismantle financial firms that are so large, inter-connected, or risky that their collapse would put at risk the entire American economic system, even if those firms currently appear to be well-capitalized...

As President Obama packs for China, I thought I'd show him a picture of how China is manipulating its currency.

Source: Federal Reserve: Yuan, Broad dollar index. Graphic idea compliments of AAM.

The dollar stays flat against...

Whether it is Goldman Sachs' central role in the subprime crisis, handing out hundreds of millions in bonuses soon after receiving a $10 billion taxpayer bailout, or CEO Lloyd Blankfein claiming that his company does "God's work," this Wall Street giant has rightfully earned the leading role in the story...

The fantasy of conservatives and progressives alike is that the free market will solve the increasingly desperate woes of small businesses and nonprofits. It's not entirely impossible, but it does require an entirely new way of thinking about the problems of these struggling entities.

Earlier this week, we announced a...

Nobody I know who is smart and rich (albeit much less rich than they used to be) thinks the economy is patched up and ready to roll--except, apparently, Warren Buffet (who I don't actually know), who announced yesterday that "the financial panic is behind us."

But then he...

As part of the Roosevelt Institute's 10-part series on the Jobs Crisis, running on the New Deal 2.0 blog from Nov. 12-25, I was asked to reflect on what can be done to get Americans working again. Here's my take.

People with jobs are better off than people...

The oil patch mumbo jumbo continues unabated. Today, Rex Tillerson, the CEO of the nation's largest oil company, Exxon, took a minute or two to instruct us about the reasons for the current price of oil. This is the same personage who, a while back informed us, his customers,...