Facebook's public offering is off to a rocky start. No, not for CEO Mark Zuckerberg and the original investors who sold $9 billion worth of their own shares, but for regular investors. Many analysts are saying the stock was way overvalued and will be hard-pressed to deliver the kind of returns people were hoping for. I don't "like" it.
Port Authority is once again in the process of having to make massive cuts to service and raise fares. They blame the state for all their woes but it can't always be the state's fault. Surely, their mismanagement and bad decisions are to blame for some of it. Our public transportation system makes us look like a second-rate city who doesn't care about the neediest among us.
The austerity measures in Europe, mostly being pushed by Germany, are not working and Greece's tragic economic downfall is one example. Now there is talk of Greece dumping the Euro, which could have global ramifications.
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PG editorial cartoonist Rob Rogers blogs about the process of creating his daily editorial cartoons.
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