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On July 30th, an American manufacturer in China and Korea will officially announce the move of its tool manufacturing facilities to Houston, Texas. Farouk Systems will open a factory with the goal of creating 1277 jobs at a new 189,000 sq. ft. facility in the South’s largest metropolis. Farouk Shami, founder and executive chairman, says…

A few days ago, a citizen asked the progressive legislator from California, Congressman Henry Waxman why he took his name off the list of about Eighty House sponsors of single-payer health insurance? Mr. Waxman replied: “it [H.R. 676] isn’t going to happen.” In early January and last year, Americans who believe in Presidential accountability for…

I’ve wondered often why people who go to “town meetings” held by campaigning politicians rarely ask fundamental questions. Here is one that should have been asked of presidential candidate Barack Obama: “If you get to the White House, will you appoint to top positions Americans who have a track record of making the right decisions…

It’s good that Barack Obama is an agile basketball player because on financial regulatory reform he’s having to straddle an ever widening chasm between his words and his deeds. Obama said: “Millions of Americans who have worked hard and behaved responsibility have seen their life dreams eroded by the irresponsibility of others and by the…

At twelve noon on June 12, 2009, the end of analog television’s era was also when I let my set go dark. The last declaration I saw was that there were about three million of us disconnected but, no worry, we can still order the “converter box” to bring all those programs back to our…

Although his classic self-designed and hand-built furniture found its way to the White House, the Metropolitan Museum of Art and the Smithsonian, Sam Maloof, who passed away recently at 93, preferred to describe himself simply as a “Woodworker.” Completely self-taught, after he served in the Army during World War II, Mr. Maloof became one of…

Dear President Obama and GM Chairman Henderson, The hour is late. You seem bent on an orchestrated bankruptcy for General Motors on June 1, 2009. Before any irreversible moves are made– the GM/task force reorganization plan should be submitted to Congress for deliberative review and decision. There are several major concerns with a precipitous bankruptcy…

Once upon a time early in the 19th century, corporations came into existence by state legislatures approving charters, which were granted for a limited period of time and for limited purposes. These corporations — producing textiles and other products in New England — raised capital in part because their investors had limited liability. That meant…