Category Archives: Business

UPDATE II: SURFACE By Microsoft (Leaves The Idiot Pad In the Dust)

America, Business, Human Accomplishment, Technology

At 15:14 into the unveiling of the Microsoft Surface tablet, Windows chief Steven Sinofsky says that Surface “provides the best WiFi reception of any tablet today.” The Surface’s dual Wi-Fi (“wireless networking technology that uses radio waves to provide wireless high-speed Internet and network connections”) antennae are the part My Contact in the bowels of the beast nailed.

Well done, genius.

Congratulations to all for bringing to market this “well-designed, very cool” product, over which industry experts are already gushing: It goes “toe to toe” with Apple’s iPad, says one, and even bests it (as “it runs as a full computer,” and sports a physical keyboard), says another.

Although I’ve been kept in the dark until now, I’m looking forward to receiving one of these as soon as possible. What piques my interest in that the Surface is a transportable PC, a facility the idiot Pad never offered. (I don’t need mindless entertainment; I want the ability to transport my work wherever I go, without the burdens imposed by a cumbersome laptop.)

UPDATE I (June 20): This is the stuff that makes one patriotic, right guys? American-coordinated ingenuity (with wise division of labor, naturally). Damn straight. (Wives are always kept in the dark … but, all I can say is that they deserve a medal. What a marathon effort The Surface has been.)

And, as someone who has never been tempted by the Idiot Pad: Yes, my instincts, on seeing what this thing accomplishes were very much, “This is a good fit for me.” And it has a keyboard and the easy ability to use a mouse with it, as opposed to the frenetic finger f-ck the traditional laptop requires.

UPDATE II (June 21): In this context, and on a personal note, the pressure of the effort above over months has had some unexpected consequences. (I heard it said that in the US there are two types of engineers: overworked or unemployed. A tough economy would indeed force increases in productivity: fewer and fewer workers are doing more and more of work.) The upshot: My husband has come down with pneumonia. I will be taking some time to look after him (and hoping to remain uninfected).

THE WND COLUMN will resume next week. RT will be featuring a golden oldie. Make sure you Click to Like, Share and Tweet it.

The Pain In Bain

Business, Capitalism, Critique, Democrats, Economy, Elections, Ethics, Fascism, Free Markets, Hillary Clinton

According to Salon’s Glenn Greenwald, a defense of “Bain Capital, Mitt Romney’s former firm,” and “the paragon of capitalist evil,” must be rooted entirely in corrupt self-interest. So there’s not even a smidgen of truth in Newark Mayor Cory Booker’s condemnation of the Obama campaign’s attacks on Bain? How about the other two prominent Democrats to defend Romney and his work? (Read on.)

“Booker went on Meet the Press and angered hordes of Democrats when he condemned the Obama campaign’s attacks on Bain as ‘nauseating,’ equating the anti-Bain messaging to the GOP’s sleazy use of Jeremiah Wright, and then demanding: ‘stop the attacks on private equity’ (in response to the backlash, Booker then released a hostage-like video recanting his criticisms and pledging his loyalty to President Obama).”

Without explaining the mechanism by which the private equity firm achieved this feat, Greenwald asserts further that the likes of Bain Capital are “destroying the middle class in order to enrich greedy vulture oligarchs.” AND, “We also all know that the Democratic Party is the defender of the middle class and the bold adversary of corporate pillaging.”

Do we?

DITTO Deval Patrick. HuffPo uses the same “reasoning”—“a history of ethically questionable connections to financial firms”—to condemn the Massachusetts governor for his defense of the Republican presidential candidate Mitt Romney [05/31/2012] … during TV appearances.”

“The Democratic politician was supposed to be serving as a surrogate for President Barack Obama. Patrick, who has a history of ethically questionable connections to financial firms, applauded Boston-based Bain Capital, implicitly criticizing the Obama campaign’s attacks on Romney’s record at the private equity firm.”

Patrick is the second Obama surrogate with strong ties to the financial industry to defend Bain, following in the footsteps of Newark, N.J., Mayor Cory Booker, who ignited a week of outrage from Democratic Party strategists for describing the Obama campaign’s slams against Romney’s Bain work as “nauseating.”

AND THEN THERE WERE THREE. One other major Democrat has defended Romney and his job record. “This is good work.” “I don’t think we ought to get in a position where we say this is bad work,” said Bill Clinton.

The DC Decoder’s correspondent floats yet another crazy ad hominem: “Bill may be intentionally sabotaging President Obama in order to set Hillary up for a run in 2016,” which, to her credit, she doesn’t quite buy.

Others suggest the former president simply misspoke. But we don’t buy that either.
Here’s the thing: Clinton’s comments weren’t just “off message.” They were a declaration of war on the message. They underscore a fundamental split within the Democratic Party that’s less about Romney’s record at Bain than it is about whether the party as a whole is perceived as a friend or foe of Wall Street and the world of business and high finance.

UPDATED: Blame The Beast (DC) For Big Business’ Moral Bankruptcy

Business, Capitalism, Ethics, Free Markets, Government, Morality

Myron Pauli sends along an interesting series of Venn diagrams, reflecting the intersection between The DC Beast and Big Business, and purporting to “show how corrupted American ‘democracy’ really is.”

Registering his disgust, Myron writes this (with his usual flare):

“While the American Booboisie gets distracted with this ‘election,’ where the grandson of a polygamist
debates the son of a polygamist on ‘gay marriage,’ as the Welfare-Warfare-Deficit-Jail State
goes on – 800,000 arrested for marijuana last year – hundreds wounded or maimed in Afpakistan,
trillions of new debt and malinvestment, television cameras proliferating everywhere to catch
American citizens (e.g. ‘criminals’) violating an ever increasing list of ‘crimes’ ….”

Agreed, except that companies don’t have much option. Without buying and paying for a plant to do their bidding within the State apparatus, they are doomed to be investigated and prosecuted non-stop by the government’s alphabet soup of regulatory agencies; the Financial Industry Regulatory Authority, the Securities and Exchange Commission, on and on. Business gets dragged into court every other day and sued. By necessity, entire departments and budgets within corporate America are given over to lobbying and pacifying The Beast.

“When Bill Gates neglected to schmooze Washington, Joe Klein, the Justice Department’s top dog, picked up the scent and gave chase. The lesson being that if he wants to survive, the entrepreneur must also pay protection money to his political masters.” (“CONGRESSIONAL CHURLS TROLL FOR VOTES”)

Our “overlords who art in DC” “are the ones who force the entrepreneur to replace viable, voluntary trades and transactions with bureaucratic, politicized decision making. Rather than concentrate on satisfying consumers, proprietors must divert resources from innovation and production into getting around the bureaucrat’s tax and regulatory laws.”

“Unlike government (and CNN’s Anderson Cooper), you can keep private enterprise honest. Business aims to please its constituents, the consumers. …”

Downsize the state, strip it of its police-state powers—and business will shape-up. Capitalism is moral if practiced. We do no longer practice it.

UPDATE: Yes, Myron, why can’t I get this URL to work? I found another valid hyperlink for “18 Venn diagrams showing how corrupted American ‘democracy’ really is.“

UPDATE III: Planet Facebook Owns It (The Little Guy/Gal Needs Social Media)

Business, Democracy, Economy, Free Markets, Human Accomplishment, Internet, Labor, Pop-Culture, Psychology & Pop-Psychology, Technology

“Planet Facebook Owns It” is the title of my new column, now on WND. Here’s an excerpt:

“The more you hear from your average, financial-markets hater—the more you wish you could transport each one back to a mud hut in a far-away land, where women wear grass skirts, and carry their groceries on their heads, and where no man dares to or is capable of dreaming-up businesses like Costco, Overstock.com, or Facebook.

Planet Facebook, in particular, is a global, social, political, and potential economic revolution. Had the idea for this social-networking site not come into being, we’d be the poorer for it.

Facebook users love it and cannot imagine life without. Yes, they complain endlessly—but largely because they can. Unlike government (and CNN’s Anderson Cooper), you can keep private enterprise honest. Business aims to please its constituents, the consumers. Complaints encourage compliance.

Facebook went public. In the process of going public, some people got rich, or richer; others didn’t.

INDIVIDUALS VS. CORPORATIONS: To the media, these are two antagonistic and atomistic solitudes, never the twain shall meet. This ‘angels versus demons’ caricature is lapped up by the masses, even though most of them own shares in major American companies, through their pension funds.

Most Americans benefit from and are heavily vested in corporate America.

True to this cartoon, the Little Guy is depicted as good; Big Players as bad. Invariably, those who can’t get rich off an initial public offering (IPO) are labeled sympathetically as ‘small investors,’ or ‘retail investors.’ Those who land in the lap of luxury for the umpteenth time, because of their capacity to invest vast sums, are dubbed derisively ‘big investors,’ ‘Wall Street.’

SIMPLIFIED: People with oodles of money make a killing. People without much money would kill to be in their shoes.

U2’s Bono exemplifies the first type. Bono might be a chap who fronts a three-chord band of unimpressive droners, but he knows a good business deal when he sees one. In 2009, the singer invested $90 million in Facebook stock.

Cui bono, you ask. And the answer as to who benefits from Bono’s industry is this: The singer has pledged the $1.5 billion he reaped from his Facebook investment to charities in Africa.

Business, in contrast to Barack Obama, is a positive-sum game. …”

Read the complete column, “Planet Facebook Owns It,” now on WND.

If you’d like to feature this column (WND’s longest-standing, exclusive libertarian column) in or on your publication (paper or pixels), contact ilana@ilanamercer.com.

Support this writer’s work by clicking to “Recommend,” “Tweet” and “Share” “Return To Reason” on WND, and the “Paleolibertarian Column” on RT.

UPDATE I: Myron, “that FACEBOOK is overpriced” doesn’t contradict what I wrote, to the effect that “… prices are supposed to fluctuate continuously, as market forces bring supply and demand into balance.” Does it?

UPDATE II: To “Old Man”: I don’t hang out on Facebook, much less on twitter. Rather, I use social media quite efficiently to promote my work, only. I’ve gotten good at this efficiency. I waste no time at all, engaging in little extraneous discussion. In fact, when that “Hi, baby” chat window pops up at me (you can no longer disable the thing with ease), I “Unfriend” the creep right away.
For the little gal with no promotional assistance, Facebook is business. If you look at my pages, you’ll see that all my blogs propagate to Facebook and twitter (now, there’s a useless forum) mostly automatically through special applications interfaces. (Of course, these often malfunction, but not nearly as badly and as routinely as the government does.)
My book I advertised on Facebook, managing to reach 3 million pages, if I recall. That was a bit of creative work.
How cool is that? Very cool when you have no other promo support. As hard as it is to fathom, I’ve worked uphill to get my book out on Amazon, the Only Bookshop That Matters. As I noted in the “MAÑANA” blog post, “the softcover of The Cannibal is coming ‘Mañana,’ Pacific Time.” (The hardcover is available, for now.)
Although the soft-spined (but never spineless) Cannibal has been collated (in-house by myself and my husband) and features bonus material, its Publisher disavows Amazon, and is in no rush to supply the Only Store Worth Supplying with Cannibal softcover copies. (“After almost a decade in the Pacific Northwest region, I can safely say that, with a few treasured exceptions, people outside the Microsoft workforce (who, with Boeing, is the main employer here) have a hard time acting professionally and honorably.”)

So, yes, Facebook can be valuable for the Little Guy/Gal, who has no other option but to work it .

Incidentally, employers can, through Facebook, find out something about the bums they are about to employ. For example, I had employed a social media person, initially. This being America, the paid personnel rarely responded to my inquiries. Busy was she? Not on your life. She was chatting frivolously on Facebook, in real time, as I tried to reach her via email. Since then, three more potential “workers” have conducted themselves similarly. (It’s America. We are, for the most, unmotivated by obligation, professionalism, contract, intellectual honestly, or proprietary; but by how things make us feel. Doing the right thing we frame as an act of heroism.)

UPDATE (May 26): Thanks for your support for this work, Nell. As I said, the writer in this instance has no influence. Readers will have to use their clout to get the softcover issue to the Amazon market, where most readers prefer to shop. Do contact the publisher.