Articles for Business & Finance

EXCERPT: Corporate Family Values   1950’s: Personnel Recruiter: “Welcome to our company.  We are family.  Our defined benefit pension plan (hereafter referred to as the “pension plan”) underscores our commitment to you as a life-long loyal employee.”      1960’s: The Boss: “Good news – the company is offering a supplemental voluntary defined contribution retirement plan (hereafter referred to as the...

EXCERPT: Henry Ford, considered to be the father of mass production by some economics historians, ran the Ford Motor Company on the premise that an Average American should be able to afford an automobile.    He achieved this dream by realizing the cost savings of standardization, identification of the basic tasks in processes, and the narrow specialization of skills honed to efficiently accomplish a limited task or set of tasks repeatedly.   The result is what we...

EXCERPT: The “global economy” seems to be awash in Three trillion plus dollars in the Asian sector alone, much of it owned by Japan and China, and a great portion of it denominated in USD.  So what, you ask? The only thing maintaining the value of that paper is the holders’ confidence in its value.  That confidence is eroding as this profligate regime in power in DC continues to drive it into the ground.  The result is too much paper money chasing too...

EXCERPT: Funny thing: a lot of my creative (or if you prefer, bizarre) ideas present themselves to me in dreamland.  Where these ideas come from I don’t know.  All I know is I don’t own most of them. At least I don’t recognize them as belonging to my mental space.  But this one is a relatively mundane idea, as these nocturnal inspirations go, so let me share this example with you.     It struck me in dreamland the term would be a good term...

EXCERPT: "Now the system is gradually taking the paper and coins out of your hands.  Instant credit, direct deposit of your paycheck, and automatic bill payments are examples of transactions where you don’t even have to be aware of the transfer of the electronic impulses that represent your financial and economic value within the system.  You are not quite superfluous to this systemic pumping of your economic and financial lifeblood, but you are gradually being taken out...

EXCERPT: The Rise and Fall of the American Middle Class: A Faulty Foundation. 06/19/2006 - 8:28 PM While the New Global View (NGV) that took form at Breton Woods during the closing days of World War II was very far sighted, there was a blind spot in the visionaries’ eyesight.  … 
 
America and the world suffered through the Great Depression of the 1930’s.  It emerged from the Great Depression decade right into the Second World War. ...

EXCERPT:    ... and we welcome you to Munchkin Land! ...  As mayor of the Munchkin City In the county of the Land of Oz.. We wish to welcome you to Munchkin Land.  To begin your tour the village counsel wishes to recommend an excellent map of the yellow brick road as your tour guide while you are here.  The Confidence Game - Part 1 01/11/2006 - 11:19 AM The economy, huh?  Don’t get me started!  I guess my greatest worry is...

EXCERPT: AS stated by Robert Kiyosaki, there is a need for more entrepreneurs. Our educational system needs to be overhauled and begin teaching in a way that enables students to think like entrepreneurs.
education should emphasize interpersonal skills and emotional intelligence. they should teach investing and money management. they should teach sales techniques and team building and leadership. they should teach students the basics of fund raising and writing business plans.
this overhaul is...

EXCERPT: as I have said before, I am trying to start a enterprise. Incorrectly, Average American said you need to be an immigrant to qualify for a sba loan. this is not true. first, you need your business plan. second you need thirty percent of the money borroed and third you need collateral like real estate or something. these are things that well to do americans have. and further more, the sba does not loan you the money, the bank does.
so how does a person start a business if they have no...

EXCERPT: I was watching Imus in the Morning this AM, and he said:  “USA Today is reporting that Ford Motor Company, which we were talking with David Kiley [Marketing Editor of Businessweek magazine] about, is considering going private.” I had just read in the Arizona Republican Snoozepaper’s Business Section’s sidebar column that “Buybacks set record:  Big companies bought back a record $116 billion worth of shares in the second quarter, up 43...