Even when O’Donnell laudably tried to emphasis the audience’s interest onand hopefully previous, Charlie Sheen trainwreck interview, courtesy of the tragic undertow that threatens to pull Sheen below for good, I used to be overtaken, not from the pulling about the thread, as well as voracious audience he serves. It didn’t make me unhappy, it produced me angry.
In terms of celebrities, we will be a heartless region, basking in their misfortunes like nude sunbathers at Schadenfreude Seashore. The impulse is understandable, to some diploma. It might be grating to pay attention to complaints from men and women who appreciate privileges that the majority of us can’t even imagine. In the event you can not muster up some compassion for Charlie Sheen, who helps make extra income for any day’s do the job than many of us will make within a decade’s time, I guess I cannot blame you.
Along with the quick pace of activities on the internet in addition to the information and facts revolution sparked from the Web-based, it is extremely uncomplicated for the technological innovation market place to think it is unique: continually breaking new ground and performing details that no one has ever done earlier than.
But you will discover other types of corporation which have currently undergone some of the similar radical shifts, and have just as wonderful a stake inside the foreseeable future.
Consider healthcare, as an example.
We frequently feel of it like a immense, lumbering beast, but in fact, medication has undergone a series of revolutions during the previous 200 a long time which might be no less than equal to people we see in solutions and data.
Less understandable, but even now within just the norms of human nature, will be the impulse to rubberneck, to slow down and take a look at the carnage of Charlie spectacle of Sheen’s unraveling, but of the blithe interviewer Sheen’s life as we pass it inside best suited lane of our every day lives. To be honest, it could possibly be challenging for folks to discern the difference among a run-of-the-mill consideration whore, and an honest-to-goodness, circling the drain tragedy-to-be. On its very own merits, a quote like “I Am On the Drug. It is Named Charlie Sheen” is sheer genius, and we can not all be expected to consider the complete measure of someone’s lifestyle every last time we listen to one thing humorous.
Rapidly forward to 2011 and I'm attempting to investigate usually means of currently being a little more business-like about my hobbies (mainly songs). From the stop of January I had manned up and started to promote my weblogs. I had designed a few unique weblogs, which were contributed to by pals and colleagues. I promoted these pursuits because of Facebook and Twitter.
Second: the minor abomination that the Gang of Five on the Supream Court gave us a year or so in the past (Citizens Inebriated) truly comprises somewhat bouncing betty of its individual that can incredibly well go off while in the faces of Govs Wanker, Sacitch, Krysty, and J.O. Daniels. As this ruling prolonged the concept of “personhood” to both businesses and unions, to check out to deny them any correct to operate within the legal framework that they were organized underneath deprives these “persons” of your freedoms of speech, association and movement. Which means (the moment once again, quoting law college trained friends and family) that both the courts really have to uphold these rights for that unions (as particular person “persons” as guaranteed through the Federal (and most state) constitutions, or they have to declare that these attempts at stripping or limiting union rights really need to apply to leading companies, also.
Submitted by Davis Sherman Okst of Financial Sense
Prove Mayans Right: Address Structural Economic Problems With Chicanery (Part 2 of 2)
Monetizing Governmental Debt AKA Money Printing or in Bernanke’s Vernacular - Quantitative Easing
Here are some realities on Quantitive Easing:
- If
Bernanke stopped QE, the United States of America would default, the
government would close down, there would be massive interruptions in all
Federally assisted programs (Medicare, Social Security, etc.), debt
service to China et al would be impacted or stop totally - We
take in about 2 trillion in tax revenue, we borrow about 1 trillion and,
like drunken sailors, we spend about 4.5 trillion. 80% of our deficit
is entitlements and debt service. Make all the cuts we want, that stuff
can't be cut. QE is a fancy term for counterfeiting the 1.5 trillion
dollar difference we have NO possible way of paying - QE is debt
monetization that IS increasing the size of the money supply. Since that
money has been spent, there is no way in hell Bernanke or anyone else
can “shrink” the money supply at the right time - the horses are out of
the barn, every POMO auction is just money created out of thin air to
cover the Treasury's checking account
There are those who
would point out that without “velocity” we can’t have hyperinflation;
and with 23% employment we aren’t going to get people spending,
therefore there will be no velocity and thus no hyperinflation. I’d
advocate that this argument be looked at again. First, the government
is spending “funny money” that is, to some extent, creating some
“velocity.” What is more important - money is a
commodity as described in Part 1 - and therefore the more of a commodity
that there is the less its value. Since the inception of the Fed in
1913 the dollar went to a value of .04 cents, 80% of that devaluation
happened since Nixon took us off the gold standard. So if our dollar
goes to a value of less than .04 cents, lets say .00000001 cent - we
will have massive hyperinflation. Printing money is the road to
.00000001 cents.
I’m in the camp that gold hasn’t gone up, silver
hasn’t gone up and the stock market hasn’t gone up. Graham Summers of
Capital Research did a fantastic short piece titled “While I Love Gold” at ZeroHedge.
Stocks Priced to Gold
Like
I said, gold hasn’t “gone up” stocks haven’t “gone up” and food prices
haven’t “gone up.” The value of all currencies have gone down. People
who compare one currency to another won't see what is happening until it
is too late.
It is all how you look at it. We are playing an
entirely idiotic game because no president (other than Andrew Jackson)
had the guts to fix the real problem - money.
About the only
thing gold and silver will do is act as a true store of value and pay
off any fixed debt when things get totally out of hand - which, in my
never so humble opinion - is the obvious unstoppable trajectory we are
on now.
Lastly, on the subject of Ben Bernanke’s path to making the USA Zimbabwe I’d like to address the “We can raise interest rates
in 15 minutes” BS. Sure he can. But the rest of the “We can raise
interest rates in 15 minutes” sentence goes like this: of course 80% of
the deficit is unfunded liabilities and debt that is rolling over, so
doing so will bankrupt the country with impossible to pay interest on
debt. Estimates are that higher interest rates
will add TRILLIONS to our debt. Higher rates will be another nail in
real estates coffin, another nail in high unemployments coffin and
another nail in state and local debt burdens.
In summary: The
biggest lies about Quantitative Easing are: It isn’t [governmental] debt
monetization, we can raise interest rates, it isn’t causing inflation,
it won't cause hyperinflation, we aren’t increasing the size of the
money supply, we can contract the size of the money supply when the time
is perfect, we can stop it [QE] at anytime, it is creating jobs, and we
can sell stuff no one else is now buying and the money is just sitting
there, i.e. there is no velocity.
In short: It is QE or America
defaults. A.) Hyperinflate the absurd debt away or B.) Default. If
Bernanke thinks he can secretly devalue the dollar and reduce our debt
to some payable amount by reducing the dollar’s value by like 10% per
year (thus reducing our 128 trillion dollar debt to half over 5 years)
then he is really an utter and absolute moron.
The Maestro of
Disaster came right out and said that debasing a currency is American
robbery. Covertly stealing - even if it is for some lame unworkable
plan to save the economy - is not leadership, nor is it ethical.
Lies are the hallmark of a leadership deficit. Lies don’t fix problems, solutions do.
The Fix
The
fix is simple: Admit that things got out of hand over the past 4
decades and overtly do what they are covertly doing. Stop prolonging the
agony - it is abolishing the middle class. The only trick is to make
the monetary system as sound as possible. I have no false dreams that
we will ever wind up with a better system (read: something that isn’t
debt-money IS debt) but I do know we can do better.
We supposedly have 10,000 tones of gold.
According
to Greenspan’s own 1960 article this country has been and is a welfare
state that is robbing its citizens through taxation and inflation:
How is Elop going to address this by
using Windows OS? He has to do more than just charge more, he has
to produce better product at competitive prices, which keep getting
lower. Elop will have to license the Widows OS, which is an
expense, one that he would bear to nowhere near the same extent if
he used Android. I feel he mistakenly looks at this as Google
commoditizing the Android platform, in lieu of the more reasonable
perspective of Google commoditizing the entire portable computer
space.Well, the answer has arrived. Microsoft is buying Xx% of Nokia for paying Nokia over $1 billion to product Windows Phone 7 hardware.
Nearly all of this money is undoubtedly going into R&D and
marketing. Nokia and Microsoft (their new defacto owners) invariably see
Google as the pre-eminent trheat and are pulling out all of the stops
to nullify said threat. This also answers the question of how Elop, the
Nokia CEO will be able to deal with the reduced margins of having to
buy OS licenses while competing with vendors who get Android for free –
Microsoft is not only footing the bill, but investing in the business
as well. You see, the drop in Nokia’s share price is highly unwarranted
and their is visible synergy in this deal. Nokia gets to remove the
costs of OS R&D from its line times, sunk costs that have apparently
had negative incremental returns as they have had their asses handed to
them by Apple and most definitely Google – who knocked them off of
their number one market share perch in just over a year.Microsoft gets the economic benefits of an existing hardware platform
that happens to have the number one marketshare metric in the world,
and gets it for just over a billion dollars. This is a win-win
situation. The question is, will it win againt Google. Both companies
will still fail if they don’t execute on Google-time, who has compressed
development cycle years into months – literally!From the Bloomberg article linked above:
Shrinking Margins (yeah, you’ve hear thist from me often enough)
Espoo, Finland-based Nokia needs to cut
costs to keep operating margins from narrowing further, after they
shrank to 4.9 percent last year from 19 percent a decade earlier. For
2011 and 2012, Nokia may cut its budget for research and development in
devices and services by about a third from last year’s spending of about
3 billion euros, said Sami Sarkamies, a Helsinki-based analyst with
Nordea Bank.Microsoft spokeswoman Melissa Havel
declined to comment on the specifics of the agreement. Laurie Armstrong,
a spokeswoman for Nokia, said the final contract hasn’t been signed and
the company will share further details when they are complete.Nokia’s royalty payments will help
Redmond, Washington- based Microsoft make a profit on the accord even
after the payments to Nokia, one person said. Some of the payment to
Nokia would be made before the company starts selling the phones,
meaning Microsoft bears some upfront cost in the partnership.…
Microsoft shareholders want the company
to salvage its mobile-software business while also reining in costs. The
company doesn’t break out results for its mobile-software unit, and
instead groups them with the profitable Xbox video-game business, making it difficult to evaluate the financial performance of phone software.Chief Executive Officer Steve Ballmer
has come under pressure from investors and his own board to improve
sales of mobile software after the company lost market share to Google
and Apple. Microsoft stock has declined 7.8 percent so far this year.The agreement for the more than
billion-dollar payment was part of a campaign by Microsoft to keep Nokia
from choosing Google’s Android operating system, one of the people
said. Nokia also opted for Microsoft because Windows Phone software,
which is newer than Android and has a smaller number of handsets for
sale, gives Nokia a better chance to stand out, one of the people said.The agreement also has Microsoft paying Nokia for the right to use its patent portfolio, one of the people said.
As part of the deal, Microsoft will use
Nokia’s Navteq mapping products for functions such as geolocation
services and selling local advertising and coupons tied to a user’s
position. If successful, that also could generate additional revenue for
Nokia, which will share in the sales. The two companies will also
divide revenue from services like search and advertising, Microsoft
President Andy Lees said last month.I’ve been warning my subscribers about margin compression in this
space, and its about to get much uglier – to the extreme benefit of
consumers of personal and enterprise tech. Previous (and prescient)
posts from last year on this topic…
- Don’t Count Microsoft Out of the Ultra-Mobile Computing Wars Just Yet
- After Getting a Glimpse of the New Windows Phone 7 Functionality, RIMM is Looking More Like a Short Play
- As
I Warned in June, DO NOT DISCOUNT Microsoft in This Mobile Computing
War! Their Marketing Campaign is PURE GENIUS! and it Appears as if
the Phone Ain’t Bad Either- Apple on the Margin
- How
Google is Looking to Cut Apple’s Margin and How the
Sell Side of Wall Street Will Enable This Without
Sheeple Investor’s Having a ClueMonetizing the Mobile Computing Race
We have a pretty firm idea of who is in the pole position as of now,
but that position is both risky and volatile, not to mention medium to
long term in nature – see Navigating BoomBustBlog Subscription Material To Find The Google Valuation Drilldown.A more risk averse strategy is to go long on the component vendors
who supply those battling for pole position. Last week we released the
document Long candidate #1 – Hardware: The Mobile Computing Wars
to subscribers that outlined who our number one pick was after an
initial scan. This is not necessarily the absolute final say on the
matter since we have yet to perform a full forensic analysis, but the
company does look good in comparison to over 120 peers. Non-subscribers
should reference The Potential Equity Investments Most Likely To Prosper From the Google/Apple/Microsoft Mobile Computing Battle.I am releasing the draft of the full shortlist of prospective long
candidates as of now (17 pages, 5 companies) to subscribers. Please be
aware that is a draft document and work in progress, but it is quite
informative nonetheless. See Mobile Computing Vendor Long List Note WIP. Those who wish to subscribe should click here.Click here to read up on all of Reggie Middleton’s Mobile Computing War opinion, analysis, and research.
Source: http://removeripoffreports.net/ corporate Reputation Management
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