Steve Clemons: Offshoring and the Auto Industry
He that Michael Moore has pointed out: "anyone could buy the entire American auto industry for less than $3 billion -- and U.S. taxpayers are about to pump 5 times that into the uncompetitive sector.
And on top of that -- there is NOTHING in the current outlines of the auto bailout package that requires the auto industry to keep jobs in the U.S. This money can go to help them manage their facilities abroad -- in lower wage countries -- while facilities continue to shut down in the U.S. with jobs shifted overseas."
Wish someone would bail me out of my upside down property and pay me to live well in a cheap place abroad. Maybe then I could afford to buy a new car.
Cost of XP "Down" Grade? $150 at Dell
"How much extra will people people pay to avoid Vista? Dell has pushed the price of avoiding Vista up to $150." Hardware 2.0 | ZDNet.com
And worth it! A new machine with XP installed is hard to find and I am hearing horror-stories from folks trying DIY retro-fitting of XP on machines that come with Vista.
An alternative? You can pick up an off-lease IBM Thinkpad running XP for about $350. I just ordered one for a family member. Will report back on the results.
And worth it! A new machine with XP installed is hard to find and I am hearing horror-stories from folks trying DIY retro-fitting of XP on machines that come with Vista.
An alternative? You can pick up an off-lease IBM Thinkpad running XP for about $350. I just ordered one for a family member. Will report back on the results.
Coldplay Viva La Vida Satriana Ripoff? The Internet helps you decide!
There's an interesting Web 2.0 twist in the lawsuit brought by guitar legend Joe Satriani against Coldplay for alleged plagiarism in Viva La Vida (one of the tunes used to sell iPhones). Thanks to the magic of the Internet you can play both songs at the same time. I think this is quite telling.*Here's one of the places that has both performances on the same page so you can decide what you think. If you time your "Play" clicks just right, and you have decent bandwidth, you can get them playing on top of each other.
Having admired Satriani's musicianship for many years, as well as his extensive knowledge of the history of guitar technique, I am inclined to take him seriously. This could well be a My Sweet Lord He's So Fine moment, although that case--in which George Harrison's 1970 hit "My Sweet Lord" was found to have plagiarised "He's So Fine" composed by Ronald Mack and recorded by the Chiffons in 1962 lasted for a lot longer than a moment--the moment the question was raised, the public could start deciding for itself, albeit without the benefit fo the Internet.
Regardless of the outcome of the Satriani Coldplay case, there's a fascinating historical twist: Apple Computer used this possibly plagiarized tune to promote its iPhone less than two years after the conclusion of decades of trademark litigation involving Apple Music, of which Harrison was a co-founder.
*Note: The author of this blog post was declared "tone deaf" by his third grade teacher, Mrs. Ashby, and makes no claim to having any special knowledge about music, except a. He knows what he likes when he hears it, and b. He claims he can recognize any Otis Redding recording within 3 seconds. .
Geeks Who Give? What a great idea!
As if all the hope embodied in our president elect were not enough to put a smile on your face, along comes another very hopeful sign: Geeks Who Give. These particular geeks are in Philadelphia and they are using Twitter to give their food drive some momentum. You can follow them here: http://twitter.com/geekswhogive. Or help spread the word by placing this badge on your web site:
Another Great Hemochromatosis Resource
Thanks to a comment on my previous post about hemochromatosis I can pass along another web resource for anyone looking to learn more about this common, dangerous, yet treatable condition. The Canadian Hemochromatosis Society web site at toomuchiron.ca has loads of information.
I'm very grateful to Bob Rogers, Executive Director of the Canadian Hemochromatosis Society, for pointing me to the site. I particularly like the way the "What is it?" page is written. It provides a very straightforward explanation of hereditatry hemochromatosis.
I'm very grateful to Bob Rogers, Executive Director of the Canadian Hemochromatosis Society, for pointing me to the site. I particularly like the way the "What is it?" page is written. It provides a very straightforward explanation of hereditatry hemochromatosis.
Beyond the Bailout: Executive pay and corporate welfar
"Are limits on executive compensation for banks that accept federal funds just the first wave in a future sea of pay measures?"
Beyond the Bailout - CFO Magazine - December 2008 Issue - CFO.com:
Great to see CFO Magazine address exec pay in post-bailout terms. My own "excessive executive pay" theory is that lack of social welfare is a major driver. That's right, corporate executives know just how much money it takes to protect oneself and one's family from all eventualities in the world today. CEOs feel that amassing huge amounts of money is the only way to make sure they and their loved ones don't end up in the gutter.
As our country proceeds to plow billions of corporate welfare dollars into companies whose demise was caused by CEOs and other executives pursuing paycheck maximization at all costs, it behooves us to ponder where all this comes from, what's the driver?
Ironically, the driver is, IMHO, the lack of social welfare in the U.S. For too many Americans their country's social safety net is a nightmare scenario. What awaits the average working American who loses job, house, health, savings? It's a jobless, homeless, life-threatening, shaming and demoralizingly hopeless mess.
How much money do you need to steer clear of this, to rule it out of future? A million dollars? Two million dollars? Noooo. You need way more than that. Tens of millions more. The reality is, and this reality has recently been underlined, you just "need" one real estate market reversal and/or stock market correction and you can kiss your millions goodbye.
And when your net worth drops below seven figures you are one diagnosis, one car crash, away from bankruptcy. With the "right" combination of circumstances your future can quickly shift to one of coupon-clipping, paycheck-to-paycheck, rent's due, viewless living, with zero vacations and a daily grind that extends all the way into old age.
Beyond the Bailout - CFO Magazine - December 2008 Issue - CFO.com:
Great to see CFO Magazine address exec pay in post-bailout terms. My own "excessive executive pay" theory is that lack of social welfare is a major driver. That's right, corporate executives know just how much money it takes to protect oneself and one's family from all eventualities in the world today. CEOs feel that amassing huge amounts of money is the only way to make sure they and their loved ones don't end up in the gutter.
As our country proceeds to plow billions of corporate welfare dollars into companies whose demise was caused by CEOs and other executives pursuing paycheck maximization at all costs, it behooves us to ponder where all this comes from, what's the driver?
Ironically, the driver is, IMHO, the lack of social welfare in the U.S. For too many Americans their country's social safety net is a nightmare scenario. What awaits the average working American who loses job, house, health, savings? It's a jobless, homeless, life-threatening, shaming and demoralizingly hopeless mess.
How much money do you need to steer clear of this, to rule it out of future? A million dollars? Two million dollars? Noooo. You need way more than that. Tens of millions more. The reality is, and this reality has recently been underlined, you just "need" one real estate market reversal and/or stock market correction and you can kiss your millions goodbye.
And when your net worth drops below seven figures you are one diagnosis, one car crash, away from bankruptcy. With the "right" combination of circumstances your future can quickly shift to one of coupon-clipping, paycheck-to-paycheck, rent's due, viewless living, with zero vacations and a daily grind that extends all the way into old age.
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