Academic

CLAIRE BERLINSKI: Why I?m Like GM: Or, How I Learned To Stop Worrying And Love My Debt. ?With my ?

By Glenn Reynolds

CLAIRE BERLINSKI: Why I’m Like GM: Or, How I Learned To Stop Worrying And Love My Debt. “With my mom paying my rent, I?ve been able to charge less for what I write and stay in the black. Voilà, I?m selling a cheaper product (for now) than Reuters and AP. That will teach them where to stuff their ‘good investment decisions’ and their ‘economies of scale.’ I fired the guy who does my odd jobs?it was painful, but it had to be done. So, congratulations to me! I?m making it in this tough business climate, with a little help from Mom. America?s back! And if I?m broke again in a year, I?ll hit her up again. (Don?t forget, Mom, that you really have no choice: no matter what you do, I?m still going to be a huge financial drag on you. If I fail, I?ll end up coming home with all my cats. You don?t want me sleeping on your couch, do you? And you sure don?t want to see what my cats would do to that couch. Antique, I believe it is?) . . . By the way, I?m also considering stiffing my creditors. The GM example proves that it will result in an immediate improvement of my balance sheet. GM?s production numbers have been increasing, and mine have, too: it?s a lot easier to write when you?ve got peace of mind. Whether anyone will buy the stuff I?m writing, God knows, but my word count is definitely up, and that, apparently, is the number that matters.”

Full post as published by Instapundit.com on November 26, 2010 (boomark / email).