Archive for the ‘business’ Tag

How An Ayn Rand Acolyte Tanked Sears   Leave a comment

Next time someone tells you how good of a philosophy Ayn Rand had, point them towards the mess that Eddie Lampert – he of the John Galt, Harvard MBA style – took two pretty successful companies, Sears & Kmart and ran them into the mo-fo’n ground.

Just read the Crooks & Liars article for all the gory details..and trust me, they’re gory.


Supreme Court Whittles Away At Public Sector Unions In 5-4 Decision   2 comments

On the whole, this decision in Harris v. Quinn could’ve been a lot worse for public-sector unions:

In a 5-4 decision authored by Justice Samuel Alito, the court created a new class of employee called a “partial public employee” and ruled that they could not be compelled to contribute union dues.

This is a ‘splitting the baby’ decision that doesn’t gut union membership but certainly hobbles it.(Crooks & Liars)

In essence, what Harris did was hobble what’s known as the ‘free rider provision’ of federal labor law; under current law prior to today’s decision, all employees in a workplace – regardless of whether or not they were members of a union or not – were required to pay some dues to the representative union in their workplace in exchange for the benefit of having union representation regardless of whether they themselves were members. Unless I’m reading this decision wrong – and sometimes with the High Court its’ hard to tell at times – this case effectively gives union opponents a wedge that they can now drive into numerous workplaces, both public & private, in the hope of breaking, bit by bit, the idea of collective bargaining within the workplace.

FCC Delays Net Neutrality Decision   Leave a comment

Well, isn’t it nice to see the gatekeepers are still at work? Isn’t it?

THE UNITED STATES FEDERAL COMMUNICATIONS COMMISSION (FCC) has voted to delay adopting a policy on net neutrality for 120 days.

In a heated debate that saw several protests including one observer physically removed from the chamber, FCC chairman Tom Wheeler announced that there will be a 120 day consultation and response period – an indecisive result that came as a shock to many.

The commission will listen to arguments for and against the adoption of either Section 706 of the Open Internet Act of 2010, which promotes competition among internet service providers (ISPs), or their reclassification under Title II of the Telecommunications Act of 1934 as “telecommunications services”.(Crooks & Liars via. The Inquirer)

I’m of two minds here on the FCC’s decision…on the one hand, at least they’re making a decision; on the other hand, given the prevailing rules at present, the clear winners will be the major telecoms’ who’d love to resurrect the days of Ma Bell and her insidious communications monopoly.

Posted May 15, 2014 by Matthew in Uncategorized

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Mike Rowe & The Wal Mart Kerfluffle   Leave a comment

It’s rare that I ever agree with RedState on anything but on this occasion, I agree with RedState’s John Hayward on the current Mike Rowe/WalMart kerfuffleto wit the ‘controversy’ over Rowe’s recent voiceover of a WalMart ad where they announced their intent to spend $250 billion on American-made goods and services over the next 10 years.

Now, I’m not the sharpest tool in the proverbial toolshed but on this one occasion, I’d like to think WalMart is dead serious on this one; God knows they get enough flak from most of us on the Left yet, to borrow Alanis Morissette’s words, isn’t it ironic that they (Wal-Mart) are now catching flak for wanting to pump $250 freakin’ billion dollars into American manufacturing!

I mean, what the fuck is the Left’s problem on this? I have to ask, partly because this is one of those rare occasions where I actually like what they’re doing and partly because I’ve always thought it was important to build up American manufacturing…or is that only under certain freakin’ circumstances (like, when government spends it)? Tell me that, for crying out loud!

Consider this an open thread, readers.

Posted February 25, 2014 by Matthew in Uncategorized

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GE Capital To Halt Lending For Gun Shop Purchases   Leave a comment

As much as one can slag at financial institutions, isn’t it refreshing to see them actually show a little sign of corporate responsibility?

GE Capital, which provides consumer financing services, had previously provided lending services to gun shops to help consumers finance firearm purchases. Earlier this year, the company sent letters to shops notifying them that the program would be terminated for future purchases.

The move was the result of “a more rigorous audit process… in light of industry changes, new legislation and tragic events that have caused widespread reexamination of policies on firearms,” GE Capital spokesman Russell Wilkerson said in an e-mail.(CNN Money)

In other words, they see where the public sentiment is, they see where the public wants in terms of sensible, common-sense gun-safety legislation and they’re moving in that direction. And GE Capital isn’t the only such company to show some sense of corporate responsibility. According to the same CNN Money article, Wells Fargo and Citigroup have done likewise.

Now if Congress would only listen to the American people on this issue…

Customers Called “Fat Girls” On Restaurant Bills   Leave a comment

Now, I can’t say I’ve never verbally insulted the occasional customer over the 12+ years I worked as a butcher but at least I had the common sense not to do it either within earshot of the customer or via. the written word, something these geniuses at a Stockton, Ca.-area restaurant failed to remember…

The dinner bill for three friends at Chilly D’s Restaurant stung, but it wasn’t the price — printed on the top of the receipt were the words “Fat Girls”.

“I got the bill, I was looking at bill [and] I was like, ‘Why does this receipt say ‘fat girls?’” customer Christine Duran said.

The friends had dined out at the Stockton, Calif., restaurant, which is a part of the Cameo Casino Restaurant, on Thursday. The bill lists charges for three tri-tips with fries and three sodas, for a total of $25.50. A bartender named Jeff had apparently typed in “Fat Girls” to keep track of their bill.

When Duran asked a manager for an explanation, he “had like a smirk on his face, like it was funny but trying not to laugh,” she said.

*notes sarcastically* …now appearing at your local unemployment line, the bartender named Jeff and whoever the manager-on-duty was at that restaurant…. *turns off sarcasm*

Posted December 9, 2012 by Matthew in Uncategorized

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The Difference Between Labor & Capital   Leave a comment

The Difference Between Labor & Capital

….still as true today as it was back then…

Posted December 1, 2012 by Matthew in Uncategorized

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