Category Archives: Business

HEADLINES!

The RMS Titanic and it's passengers | Just another ...

In newspapers, major event headlines were spread across the front page with large type. Day to day major-ish events had headlines in large–but not-so-large–type placed approximately mid-page to the right margin. Lesser events that either deserved front page coverage, or, on a slow news day were better than nothing, went to the left with (yawn) somewhat large type, but so what?

Notice the above. Major margin-to-margin headline, with sub-headlines for supporting stories below, on the right. The left? “Police Order Dorr’s Arrest.” I know the Titanic, but who the heck is Dorr? I Googled Dorr, but unless that Door was an attorney, I struck out.

So, to recap:
Across the Top=IMPORTANT.
Center to right side=Sort of, kind of important.
Left side=Not so much, but we want you to read it anyways.

However, now, in the marvelous 21st century, online news sites place their major stories on the left.

I guess we can claim that as progress.

Rules of Acquisition

The Ferengi appeared as aliens in several Star Trek iterations. They were the ultimate business people who frequently quoted from their 286 rules of acquisition. I’ve heard they were originally planned as the villains for Star Trek: The Next Generation, but came across as more silly than intimidating.

In my favorite interaction, one Frengi asks, “What if this becomes a war?” The other replies, “Rule 34.”

The first responds “Ahhh, war is good for business. But, but, what if it doesn’t lead to war?” The response is “Rule 35.”

“Ahhh, peace is good for business.”

Today there are real Ferengi; not as exotic looking, but every bit as greedy:

  • People pretending to be employees with the Centers for Disease Control and Prevention are knocking on doors, wearing white lab coats, telling residents that they’re testing for COVID-19. Then they rob them.
  • A former White House advisor asked if people staying home to avoid the virus is worth the economic consequences.
  • Senators dumped stocks after being briefed on the coronavirus, but before that information was released to the general population.
  • All kinds of scammers are selling phony medications or religious talismans.

Oh, wait. Rule 14.  “Anything stolen is pure profit.”

Premeditated Twinkie Offenses

I have no inherent dislike or paranoia about guns. I served in a war zone and carried a weapon. I like to go to a range and plunk at targets.

However, there are those today who are purchasing guns to protect their “stuff” in the event of shortages. It’s disturbing to think that anyone would kill another person over a loaf of bread, a side of beef, or a twinkie.* Talk about premeditated murder.

Somewhere around 250-280 AD, there was a pandemic–probably smallpox. The Roman death rate was around 30 percent, but in areas with a Christian presence it dropped to 10 percent. Why? The Romans deserted their sick friends and relatives to avoid catching the disease. Christians, even knowing that they might catch the disease, cared for one another.

 

* These are probably the same people who physically fought their way through the crowd to grab 18 cases of toilet paper.

Sorry, I Don’t Believe in Reality

Well, actually I do, but there are apparently many others who do not. The coronavirus COVID 19 is the current pressing example. People are dying–why wouldn’t you believe in it?

Easy.

If someone has a radio talk show or a podcast that makes money for them, there’s more money in denying reality than accepting it.

KACHING!

As a human being, I am embarrassed. It may not be as profitable, but it is more human to help one another instead of leeching off others’ misfortune.

Form Follows Function – Sort of

There are huge misunderstandings about many of the marvels that inhabit our everyday lives. They were not invented for the purpose that we are led to believe. Instead, they are some kind of cruel joke imposed on us by–well someone, but I’m not sure who.

With all of the labor saving devices we buy, you’d think that we’d be spared from any and all household chores. Instead, we spend as much time washing, cleaning, vacuuming, and cooking as grandma and great grandma did. In fact, the workload has gone up so that it is now expected that both adults devote most their timer at home to the effort.

Each of the following are believed to be labor savings conveniences:

The microwave was invented to encourage people to purchase packaged foods loaded with salt, sugar, and fat.

The crockpot was designed to remove all flavor from food and give it the consistency of soggy cardboard.

Perhaps the most fun the engineers had was with the dishwasher. Although it does clean dishes and cookware, its original purpose was to repeatedly bruise shins.

Now that you know, take appropriate protective measures.

Medical Mayhem

One of the problems with medical issues is that scientists’ and physicians’ assessments must constantly be revised. As additional facts are uncovered, logical conclusions are changed. That is difficult for some people to accept.

For example, 1.2 + 1.2 when rounded is two. However, if additional research adds a mere .1 to the equation, the answer would be rounded up to three. This is how science works.

This is how reality works. This is how life works.

The view of the effects of coronavirus is changing as more data are available.  This is good. This is how the intellectual process works. This is a time for thought, not emotion.

Viruses are unaffected by opinions, polls, or politics. So too are suffering and death. It is by keeping an open mind, examining the facts, re-examining the facts, and focusing on facts that we can progress.

Numbers Never Lie?

Innumeracy (book) - Wikipedia

 

Innumeracy is like illiteracy, only with numbers. There’s a lot of it going around–hopefully it won’t reach pandemic proportions.

I’m not talking calculus, trigonometry, or even  quadratic equations. I’m talking simple, easy, yet important math concepts.

Let’s use round numbers and examine the stock market’s recent actions. Before the coronavirus spooked the market, the Dow Jones Industrial Average was at 29,000 points (rounded). After the virus scare, it dropped to about 25,000 points (also rounded), a loss of 4,000 points.* The loss of 4,000 points in this case is about 14 percent (1- [25000/29000]).

If the market, while at its low point, gains 14 percent  it seem like the market has recovered all its losses. Down 14 percent. Up 14 percent. (14-14=0)

However,  (25000*1.14) = 28,500, not 29,000. It’s still 500 points below its high mark, which is still a loss of 2 percent. It would take an increase of 16 percent to recover all its value.

Well, I found it interesting.

 

*Did you ever try to spend a point? Don’t!

 

The More Things Change, the More They Remain the Same

Jim Bakker is in the news; we’d say again, but he might say finally. Apparently he’s been promoting a coronavirus miracle cure (emphasis on miraculous).

Don’t know who Jim Bakker is? Maybe this will jog your memory.

New York Attorney General Letitia James sent a cease-and-desist order to Jim Bakker Tuesday ordering him to stop promoting “Silver Solution” as a remedy for the coronavirus.

My faith teaches that Jesus will come again, not PT Barnum.

Corona Virus Side Effects

There is a lot of angst regarding the corona virus (COVID-19). Oddly, most news coverage focuses on its impact on the stock market.

The news media, critically important for a democratic society, focuses on stories that sell newspapers, encourage internet clicks, or result in more pharmaceutical advertising during the evening news.

However, it’s best to put things in perspective.

According to the Center for Disease Control and Prevention (CDC) there are now 459 COVID-19 [link] cases in the United States. There was a death  today, which although is regrettable, makes a total of one.

On the other hand, influenza (the flu) has sickened at least 19 million across the U.S. and led to 10,000 deaths and 180,000 hospitalizations. This does not seem as significant because we encounter influenza every year. The Spanish flu in 1918 killed between 50 and 100 million people around the world.

The disease that infects millions and kills thousands is no big deal because we see it every year. A new disease, because it is novel, scares us to (near) death.

I’m not minimizing the potential of the virus. However, COVID-19 has been sensationalized, so the threat and probability of encountering it are more prominent in our mind, regardless of likelihood. Each of is, at least at this point, far more likely to be seriously affected by or to die from influenza, yet we focus on COVID-19.

I wish each of you good health–and a speedy recovery for your equity holdings.

 

Win a House!

St. Jude’s Research Hospital for Children has a very clever method for raising money. Why? Because they do not charge patients for services.

Danny Thomas, the 1950’s television star, was born Amos Jacobs back in Toledo, Ohio (my hometown). He prayed that God would point him to the career God intended. He promised to build a hospital if God answered. God answered. The hospital is St. Jude’s.

Please note that Danny Thomas did not ask for success, only to be pointed in the right direction.

St. Jude’s prime fundraiser, at least around here, is to raffle off a house at $100 per ticket. Apparently, the house is constructed with each trade or contractor contributing their time, effort, and materials. The winner  gets a house and the money goes to the hospital to help the kids.

However, as nice as the house is, St. Jude could possibly double their money if they wanted to. The current house being built here has four bedrooms and three bathrooms–perfect for a young family. However, for this year we did not buy a ticket because we’re trying to downsize.

As we many,, many, many Baby Boomers age, maybe a second house raffle for a single floor ranch would be attractive. I know I’d buy a ticket (or two or three).

Oh, and build it somewhere without covenants, conditions, and restrictions. I don’t want Gladys Kravits isn’t a neighbor. (If you don’t get the reference, you wouldn’t be interested in a single floor ranch.)

Facebook–Say What?

Among many others

Moderators for YouTube must now sign a document acknowledging that they might suffer from post-traumatic stress disorder by reviewing YouTube posts.

Excuse me?

When a website creates stress similar to a combat experience, it’s time to just stop and ask ourselves what the hell we’re doing. We expected Facebook, YouTube, and other social media sites to be an opportunity to share ideas. Now, at best, they share thousands of pictures people take of themselves or pictures of their latest meal. At worst–they post images so disturbing that they can cause PTSD. Something is wrong. Terribly, terribly wrong.

I have a better idea. Make it a policy that postings are hateful, disgusting, or otherwise inappropriate for polite society, the social media site will respect their First Amendment rights, so long as they include their (verified) name, address,cell phone number, photo, and e-mail.

Decent people have no use for a coward.

Life Is Too Complicated

In order to ignore the brouhaha–or is it a kerfuffle–that dominates the news, I will focus my blogs on the curves that life throws at us normal people. Let’s start with parking.

When I started to drive, except for the shopping centers (now called strip malls–or that now outdated?) parking was on the street. In order to park, you had to parallel park. Parallel, as in parallel to the curb.

Parallel parking was part of the drivers license AND the part that everyone feared. It isn’t really all that hard, and on very rare occasions I still get to use my parallel parking skills.

However, things got more complicated. Besides parking spots near the door reserved for the handicapped (logical) and pregnant mothers (also quite logical), there are now reserved spots for customers who are there to pick up an order, employee of the year/month/week/day/hour, etc. In some cases, standard parking is in the next county.

I suspect, but can’t prove that the lines defining parking spots have been moved closer. In any case, many cars–especially SUVs and pickup trucks– occupy every last inch within the lines. This is fine, until you park next to one and try to open your door. I guess that’s why so many vehicles have sunroofs.

Then there’s the final straw–large vehicles with rearview mirrors that significantly extend from the truck body. On a rainy or snowy day, it is possible–although unlikely–to find a good parking spot. This does not necessarily mean that the walk to the door is short. Instead, it is often necessary to walk a circuitous path in order to find a space between cars with enough room to walk without the risk of decapitation by the interlocking mirrors.

Real-Life Rey

With the new Star Wars coming out in about a week, there is a lot of excitement. While there has always been excitement before each new episode, The Rise of Skywalker is expected to answer a lot of questions about Rey, the nobody from nowhere who became the main protagonist (i.e., “hero” without any gender issues) of a beloved story.

We are drawn to stories in which a reluctant and unlikely hero takes on an impossible challenge–it must be hard-coded into our psyche. We see this fascination in both history and legend—David in the Bible, Frodo Baggins in The Lord of the Ring, and most recently, Rey. Wired Magazine commented that Rey is not only a role model hero for young women, but inspires young men as well. That’s not really surprising, given her courage and commitment.

What is common among all these (and similar) tales is that they feature a person who commits to something that they view as important—more important than themselves. Maybe we all wish that we would find some cause so compelling that we would commit ourselves totally .

There are about 8 billion people on earth; nearly 200 sovereign states; millions of corporations, businesses, churches and other organizations. Do they present us with the real-life Reys? Not so much.

However, thank God, we have at least one.

Greta Thunberg on Twitter: "“Now I Am Speaking to the ...

 

Social Media

I apologize for not responding to friend requests for Facebook, LinkedIn, etc. I like sharing ideas, but the blog is a forum I can (somewhat, allegedly) control. If someone leaves a comment, I do not sell or share anyone’s information with anyone else.

Other social media platforms? Not so much.

So why do I not reply?

Okay. Let me explain. (I tried to do this as a knock-knock joke, but failed).

Q: “What’s the difference between a colonoscopy and Facebook?”

A: “Both involve more information than you would ever share, but your colonoscopy is protected by HIPAA privacy protection; Facebook will share anything with anybody,” n’est-ce pas?

Nature’s Majesty Is Better at a Distance

Wild animals are majestic. They are beautiful.

I lived in Wyoming, and I admit, the antelope were awesome—until you saw them up close. Like humans, they were—to say the least—imperfect. Their fur tended to hang in clumps and they smelled, well, nasty. There was a golf course at F. E. Warren Air Force Base and the antelope enjoyed standing in the middle of the course because: a) they knew they could not be molested, and; b) they loved to show humans who was in charge.

Okay, let’s make it more inclusive. Seagulls look almost like something a poet would have described at a distance. Have you seen them up close? They are sea-going pigeons. Attractive? Not so much.

Then, there are the magnificent, imperious Canadian Geese

Or, as I often refer to them, rats with feathers.

Although they are picturesque, they leave a trail of green fecal matter anywhere within 2 ¾ miles of their presence. They attack anyone who comes near them, block traffic while the flock slowly strolls across a street. With the global warming that supposedly isn’t happening, they no longer migrate as far as they once did. In some cases, such as here in Virginia, they’ve become a year-round fixture.

I recently saw a vehicle that belonged to a “Canadian Goose management company.” A quick search on the internet brought up quite a few companies that advertise that they will remove the geese from parks, parking lots, private property, etc.

It’s about time.

Next, we need protection from those incorrigible chipmunks!

Bait and Switch

Once upon a time, the Internet was lauded as a forum for intelligent discussion, but like most things, it soon became primarily focused on enriching a few people. I have nothing against commerce, but it seems that many websites will stoop at nothing to get you to click on one of their links. To whit:

The Fed dropped mortgage rates? No. They adjust the prime rate, which may affect mortgage rates. but they don’t directly control mortgage rates.

 

Let’s stop in mid -sentence to see if viewers will click. After all, Trump and the Washington Post are usually totally simpatic0.

 

It seems that there’s shock and surprise about where every movie / television / music performer lives–or that they don’t look like they did 30 years ago. Oh, and  what’s Lawyers Blvd got to do with Meg Ryan?

 

Do you think that maybe, possibly there might have been just a tiny bit of Photoshopping involved? Not much, just a smidge?

Then there’s this poor girl. When I travel, I see her being arrested in every city I visit. She must be innocent, or they wouldn’t let her out to be arrested again and again.

So much for intelligent exchange of ideas.

Musical Redux

It was totally predictable–marketing people freely disclosed their intentions decades ago. Nevertheless, it’s discouraging. It hearkens too much to Love, Actually when the word Christmas is squeezed into the classic rock song “Love Is All Around Me.”

What? You ask.

The use of rock and roll songs from baby boomers’ younger days to sell all manner of pharmaceuticals, now that we’re older. Songs by Blondie, The Doors, Steppenwolf, and the Who augment the television advertisements that bombard us.

Hey, didn’t the Who sing “I hope I die before I get old”?

Ask Your Doctor

If I were writing drug ads, they’d sound something like this:

Abeforth cures recalcitrant plebny!

[Speed up tape to three times normal speed] Side effects may include the sudden loss of a limb, blindness, an unnatural attraction of lightning bolts, or immediate death with no prior symptoms. If you experience any of these side effects, stop taking Abeforth and call your undertaker immediately.

Don’t take Abeforth if you are allergic to Abeforth, have had more than five organ transplants. Don’t take Abeforth if you are taking Primordeum, Pleisthene dioxide, Triglyceride phosphate, Gadolineum Sulfide, or if you can pronounce any of these drug names.

Ask your doctor if Abeforth is right for you.

Confession

I hesitated to bring this up. I’m sure there are multiple government agencies, heavily armed with former special operations personnel, ready to respond with dedication and a show of force.

But I can’t keep it a secret forever.

I don’t like pumpkin spice.

I don’t like pumpkin spice coffee–hot or cold, pumpkin spice candy, pumpkin spice cookies, pumpkin spice pork, or pumpkin spice French fries.

I don’t like pumpkin spice.

Pumpkin pie used to be my favorite, but with such a public orgy of pumpkin spice dominating stores, coffee shops, and television commercials, the thought of any pumpkin flavored product makes me shudder.

And to add insult to injury, I bet most of those do not contain any real pumpkin–just artificial flavors and coloring.

I don’t like that either.

 

Missed Us by That Much!

Hurricane Dorian headed out to sea without to much damage here. There was some flooding and the cities opened up some shelters, but only a few folks went to the shelters. Based on experience, they probably live in areas that routinely flood.

There are two main reasons for regular flooding:

  1. The sea level is rising while the land mass is sinking.
  2. Lots that were once considered unbuildable are now being developed as waterfront.

Unfortunately, this means that some newly constructed homes will not last as long as their mortgages. One house, in such an area, had a “No Wake” sign on the mailbox, which was only partially in jest.