January 28, 2005

The Bush administration has more than doubled its PR spending to at least $88 million in fiscal 2004, compared with $37 million in 2001. In all, the administration spent $250 million on public relations contracts during its first term, compared with $128 million spent for President Clinton between 1997 and 2000. Another fine use of tax dollars.

According to a new study, children exposed to passive smoking have a 50% higher risk of developing lung cancer later in life.

Procter & Gamble, already the nation's largest consumer products company, is buying shaver and battery maker Gillette for $57 billion. The deal will mean about 6,000 job cuts, or about 4 percent of the combined work force of 140,000 employees. Gillette brands include Duracell and Oral-B. P&G top brands include Bounty, Charmin, CoverGirl, Crest, Folgers, Iams, Ivory, NyQuil, Pampers, Prilosec OTC, Pringles, Puffs, Tide and many, many more.

Swazi King Mswati III has chosen a 17-year-old girl to be his 13th wife. At 36, the king has 24 children. I have found 1 wife and 2 children to be just enough.

Business 2.0 has released their 5th annual review of the most shameful, dishonest, and just plain stupid moments of the past year. Behold The 101 Dumbest Moments in Business.

Posted @ 3:30 PM | Link


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