Tuesday, June 02, 2009

The Schiff Report on General Motors

If ever you're in Abu Dhabi, you must pay a visit to the Emirates Palace hotel, which is a vision of marble, gold, wood, and granite, all in the most impeccable taste.

Alas, whenever I go to Abu Dhabi I get the Crowne Plaza, whereas Mr Schiff gets the Emirates Palace, which perhaps tells you everything you need to know about Mr Schiff. But then, he does deserve it, because of his incredible ability to break down the most complex situations into a straightforward narrative, as in the brilliant video blog post below:

BTW, the Pravda editorial the Schiffmeister refers to above, is this:

=> American capitalism gone with a whimper

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