Archive for 2024

THE JUNTA THINKS THIS WILL GIVE THEM UNLIMITED POWER:  How To Ensure a Big, Ugly War with Iran.

But I don’t think they want it with Iran, because Iran — they think — is their fren.

OPEN THREAD: Be here now.

YEP:

 

MORE LAYOFFS NEEDED:

Sigh.

JOHN HINDERAKER: Leftists firebombed my office last Saturday night. “This photo shows what the corridor outside my office looks like. . . . I am working with the FBI to try to identify the perpetrators. As I told them, the list of potential suspects is long, as my organization is active, and unusually effective, across a broad range of issues. I will have more to say about this before long.”

CYCLE OF MISERY: The Business of Building Commercial Aircraft.

Predictably, the incident triggered a new round of discussion about the decline of Boeing as an aircraft manufacturer. Nearly every source points to the same instigating event: the 1997 merger with McDonnell-Douglas, which changed Boeing from an engineering-driven company focused on building the best airplanes possible to one which focused overwhelmingly on financials and stock price.

As far as I can tell, this characterization is accurate. And yet it misses a big part of the picture: the brutal structure of the commercial aircraft industry that drives companies like Boeing to create things like the 737 MAX (an update to a 50-year-old airplane) instead of creating a new model from scratch. By unpacking how the commercial aircraft industry works, we can better understand Boeing’s behavior.

Interesting analysis.

HOW IT STARTED:

More:

Before becoming the head of the Delaware Chancery Court, McCormick worked at a Delaware law firm called Young Conaway.

This firm and its employees have been major donors to President Joe Biden for decades.

In 2016, Hunter Biden hosted a gubernatorial campaign event for Congressman John Carney, with then-Vice President Joe Biden as the guest speaker.

This event took place at the Law Offices of Young Conaway in Wilmington, Delaware.

Full details at Twitter/X.

How it’s going: Musk seeks Tesla shareholder vote on moving incorporation to Texas.

UPDATE (FROM GLENN): From the comments: Flashback: Rogue State: The case against Delaware. From the 2002 New Republic.

MEANWHILE, OVER AT VODKAPUNDIT: How Do You Solve a Problem Like Boeing? “Readers here and at Instapundit have had the discussion time and again about how putting the finance people in charge ruined a once-great engineering firm, but I realize now that the rot runs even deeper. While the company’s fortunes burn, management sits there with its coffee and stock options, saying, ‘This is FINE.'”