Sunday, May 19, 2013

Better Than You

Written by
Ted Craig
on
December 13, 2012

I am always amazed at how some people believe they are inherently better people because of how they vote, where they live or even what TV shows they watch. Everything today is signal. Your job is a signal. Your car is a signal. Your meals are a signal. That's why Facebook consists of so many posts about what people are having for dinner or some bumper sticker mythology about the high pay of Finnish teachers.

Selling used cars to poor people does not make you better. Supporting legsilation against car dealers does.

The End Is Near!

Written by
Ted Craig
on
December 12, 2012

According to the Mayan calendar (or maybe not), the world will end Dec. 21. So all this talk about the fiscal cliff is pointless. After all, no world, no need to worry about taxes.

Personally, I put as much value into the fiscal cliff as a I do the Mayan calendar. Both are mythological. The fiscal cliff is a self-imposed deadline. Congress can extend the deadline. But we can't kick the can do the road! Really? That's the level of maturity you want for this debate? Sez you?

The tax reform act of 1986 took two years. The first Bush tax act took six months. Now we're condenscing the process down to three weeks and adding spending decisions. That'll end well.

An Easy Touch

Written by
Ted Craig
on
December 11, 2012

The easiest people to sell to are salespeople. I see it all the time at our office. I thought of this the other night when watching a re-run of "WKRP in Cincinnati," when an office supply salesman made out like a bandit with Mr. Carlson.

Keep that in mind next time an office supply salesman, or a consultant, comes into your dealership.

Don't Count on Changes

Written by
Ted Craig
on
December 10, 2012

I have a pet cause - getting rid of the penny and the $1 bill. The penny costs more than a penny to mint. The time is perfect for ditching the $1 bill. It's not cost effective and we have a surplus of $1 coins. There has never been a 1 Euro note since that currency converted in 2002.

The problem is we tend to keep our currency here in the U.S. We ditched the half-penny, but that was in 1852. There used to be large domination bills of $500, $1,000, $10,000, $100,000 and even $1 trillion (OK, that last one was from The Simpsons). All but the $500 bill were rarely circulated and eliminated due to concerns over counterfeiting and use by criminals. The $100 has been targeted for years for the same reason. It's still here.

So we could get rid of the penny, the $1 bill and the $100 bill and save plenty of money. But it won't happen. Which raises concerns about the ability to make any changes to solve our budget woes.

Friday Highlights

Written by
Ted Craig
on
December 07, 2012

Forbes' Joanne Mueller says GM's profit can explode. This random bloggers says it will implode. I'm not sure who is right, although I would more likely put money on Joanne.

We live in a brave new world. California is suing Delta over privacy issues with its smartphone app. The SEC warned Netflix's CEO about a Facebook post.

Our latest craze at the office is the Logo Quiz app. We all felt fairly stupid about not getting this one.

Today is Dec. 7.


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