Archive for the Business & Politics Category

Those Bailouts again….

Kudos to CBS for reporting this: http://www.cbsnews.com/stories/2009/01/12/eveningnews/main4717298.shtml

More of that Corporate Greed…

One more example – “HP uses third party to sell printers in Iran” :
http://www.boston.com…HP…Iran

Interesting retailer post

This is not an endorsement, but this post from the CEO of Crutchfield is how a business should be run: http://www.crutchfield.com/S-qlKxRaBXokn/mediarelations/20081026-BillLetter.html

Bailouts

A basic business principle, fundamental to capitalism, and for hundreds of years the main driving force behind innovation and wide availability of goods and services, has increasingly been eliminated by governments worldwide, led by the US.  That principle is competition.  In the traditional model, a company that saw their income level off, or decline, had to find more [...]

Corporate Life Forms

Corporate law has always treated corporations in a way similar to that of real people – they are a legal entity. The officials and stockholders are protected as individuals by this corporate shield. However, the media, the e-media particularly, have been extending this to the point that they refer to corporations as if they were [...]

Corporate Incompetence?

Incredibly, Citibank, one of the largest banks in the world, is in such bad financial condition that they need to sell some or all of their assets. How can these huge organizations choose management so incompetent that they can do this much damage? Does running something that large makes them feel they are invincible?
Here is [...]

News Websites

An unfortunate trend on news websites is the increasing tendency to feature fluff, unimportant, or extreme issues, as the main headline stories. CNN has become a particular offender, but they are not alone – many newspaper sites are doing the same thing.
Very often, these stories concern doom and gloom over the economy – featuring some [...]

Praise for a public official

Sheriff Thomas Dart of Cook County, IL has announced he is suspending foreclosure evictions in the County, since many innocent victims, particularly renters, are being evicted by banks and mortgage companies who see them as (quote) “only pieces of paper”. A rare case of an official with concern for the people, unlike most US [...]

Up and Down

Stock Markets are down worldwide, the US Federal Reserve rate is down, and the equivalent rates in several other countries are down. In the polls, McCain is down, and Obama is up, if that even matters. In August, Microsoft was granted US patent 7,415,666 for Page Up and Page Down functions. Perhaps the real good [...]