Archive for 'Articles'

Mergermarket – March 19, 2014

Mergermarket – March 19, 2014

The Legacy Companies, a privately held manufacturer of home appliances, kitchen tools and food service equipment, is actively seeking acquisitions to add to its portfolio of brands, said Neal Asbury, founder and chief executive.

Asbury, in Chicago for the annual International Home + Housewares Show, said the company is working on five acquisitions right now that are in various stages of completion. Three of the targets are in the US. Asbury declined to go into specifics on the five companies, citing ...

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American Innovation Better Than Ever

American Innovation Better Than Ever

Writing from Chicago at the annual Housewares Show, it reminds me how many American entrepreneurs are in this industry. From booth to booth, new entrepreneurs mingle with entrepreneurs who have been in this industry for decades. What they have in common is a vision and the inner drive to make their ideas a reality and risk everything to grab a piece of the American Dream.

No nation can out-innovate the United States of America.

Measured as patents per capita, the United States ...

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Our Disappearing Labor Force

Our Disappearing Labor Force

The year 2014 is turning out to be a reincarnation of 1978, when we had an out-of-touch Democratic president who failed to spur the economy and help create jobs.

In fact, the labor force participation this year equals that of 1978, when only 62.8 percent of American civilians 16 or older had a job or actively looked for work, according to the Bureau of Labor Statistics.

It is estimated that more than 11 million people have dropped out of the labor force ...

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American Trade Policy Stuck in Neutral

American Trade Policy Stuck in Neutral

For a president who vowed to double exports in five years, you have to wonder why President Obama has been unable to make any progress in expanding U.S. trade.

This week, Obama met with Mexican President Enrique Pena Nieto and Canadian Prime Minister Stephen Harper to reaffirm their support for the North American Free Trade Agreement (NAFTA), which the Council on Foreign Relations (CFR) estimates has grown the U.S. economy from roughly $290 billion in 1993 to more than $1.1 trillion ...

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Cronyism Steals Taxpayer Money and International Prestige

Cronyism Steals Taxpayer Money and International Prestige

The Constitution gives Congress the power to raise funds (tax) and appropriate (spend) those funds to check the power of the executive branch by controlling the resources of the president. The thinking was that it would prevent the president from abusing the means to serve his own ends.

Somewhere along the line this process has gone terribly wrong, especially under the Obama administration, which gives its “friends” enormous amounts of money and privileges without any semblance of oversight. The administration treats ...

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