(a) Interesting WSJ piece on the decline of GE. It gets kind of confusing towards the end, since there are so many things in process at the same time. Advice: don’t do big share repurchases at such a time and don’t do this. (b) Times reporter Maggie Haberman likewise wrote: “Folks involved in funding this lied about it, and with sanctimony, for a year.” Quelle surprise! (c) The usual over at Pacifica, and we won’t bother to link. (d) More on the decline. Since the young are taught utter nonsense and far worse, there is a lot of cause to worry. Tune in MTV for fifteen seconds if you don’t believe it.

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