I am finding that June is making everybody crazy. In some cases, it’s the gas prices and the dawning reality that a vacation involves feeding over a few more twenties into the gas tank. In other cases, it’s the heat or some unanticipated weather. In still more cases, it’s prices rising in general. I am wondering if this is what is likewise causing Hillary supporters to freak out about Obama a week after the latter secured the Democratic election. I am wondering if people are reacting like this because they realize that, in some sense, the world will not change no matter what we do. This is not to suggest that we can’t at least enjoy the grand slide into anarchy. Or that we can’t position ourselves to be somewhere in the future where we can then strike unpredictably for the greater good. Even if nobody sees this coming.
And the latest on the Sam Zell/Tribune front: Scott C. Smith has stepped down. The memo: “Sam, Randy and I agree it’s time for new leadership to lead the next wave of market driven change in our business.”