We export chopsticks to China? Yes, believe it or not, we do. Seems an entrepreneur in South Georgia realized that the poplar and sweet gum trees that grow by the thousands down there make almost perfect chopsticks. The wood is flexible and doesn’t splinter very easily. So now Georgia Chopsticks exports millions of pairs of chopsticks to China every day. Isn’t it amazing how the free market can work when government keeps out of the way?
Are you sure about that, Mr. Buffett? There is a great quote by Warren Buffett in a Wall Street Journal article on why billionaires should donate more to charity while they can. “You’re thinking more clearly at 70 years old then [sic] when you’re 95, with Anna Nicole Smith sitting on your lap,” the Sage of Omaha said. If it weren’t for his willful blindness about Obama’s tax-the-rich schemes (which I wrote about last week), you know what? I’d probably agree with him.
Hotel fires employee for wearing a U.S. flag pin. The Casa Monica Hotel, one of the historic hotels in St. Augustine, Fla., fired an employee for wearing a lapel pin of the U.S. flag. It seems hotel policy declares that “no other buttons, badges, pins or insignias of any kind are permitted to be worn.” Here’s an idea: Instead of banning a flag pin, how about encouraging employees to wear one? Guess which policy the public would like better?
Trying to shoot the messenger. After Standard & Poor’s recognized the obvious and downgraded Federal debt, the Securities and Exchange Commission announced that it was launching an investigation of S&P’s rating of subprime debt. And the Justice Department said it was launching its own investigation of suspected criminal activity by the firm. Does anyone think these are not retaliation for the debt downgrade? But where has the national press been on this story?