Bank It Like Beckham Soccer phenom, David Beckham, is off to La La Land where he will play for the Los Angeles Galaxy for five years and be paid $250 million. Also looking forward to the bright lights of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ET, iPhone Home Apple’s Steve Jobs this week blessed the world with iPhone. Jobs is the world’s greatest pitchman, but can he pitch this $500 baby to the millions of iPodders he’s made believe he daily hangs the moon. Me, I still like the telePhone. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Score Card – Progress | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
100 Hours: Alas, Democrats have shown nothing in the first 100 hours unless it is that they will continue to disappoint. They have no Kudos though for approving a minimum wage increase to $7.25 per hour even though phased in over two years. Now it goes to the Senate where it will likely have a phalanx of tax breaks attached so businesses can afford to pay their new high-priced help. Say what you like; this is getting out of hand; it’s only been ten years since the last minimum wage increase pushed the greed of these people to the whopping sum of $5.15 per hour, or an astounding $10,300 per year. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fly Me, I’m Solvent No standing ovations yet, but the airlines are leaving the funeral homes, pushing back the gray clouds of doom, and beginning to see blue skies and sunshine. Ah, but will we ever again get the good pretzels? | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Apres Ski She, Nyet! Russian billionaire, Mikhail Prokhorov, with personal wealth of $6.4 billion and considered one of Russia’s most eligible bachelors (with $6.4 billion I think he could be considered one of the world’s most eligible) was detained in the French Alps, at an upscale ski resort used by rich and powerful Russians, for offering more than chalets supplied with such mundane creature comforts like spas, private pools, and steam baths. Oooh, those Russian massages. Prokhorov denies pimping. Sour grapes in the Politburo? | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Are Jong and Ahmadinejad Pissed? Are | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
No Smoking! After Democrats banned smoking inside the House. speaker, Nancy Pelosi, declared ,“The days of smoke-filled rooms in the United States Capitol are over.” Now if they could only find a way to dispel the gas. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2008 Presidential Election Handicap *
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That’s all for this week, my friends. God speed and safe home for ALL troops! |
A commentary of business, government, and odds and ends through an often peculiar looking glass.
Friday, January 12, 2007
Friday, January 05, 2007
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And Speaking of Camelot – Robert Goulet, who famously sang the role of Lancelot on Broadway opposite Richard Burton’s King Arthur and Julie Andrews’s Guenevere, will sing the praises of Emerald Nuts in a $2.6 million thirty-second spot during Super Bowl XLI. Singing a nut’s virtue hardly seems a fitting task for the best ‘C’est moi’ declarer of them all. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Score Card – Progress | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Give Me A P! Nancy Pelosi was sworn in as the first woman Speaker of the House—and third in line to the throne—as the 110th Congress began its proscribed two-year term | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Not Fruit Flies: But Gadflies, those buzzing little buggers that corporate executives have been swatting at for years, and it seems they’re finally getting their due; directors are beginning to listen, let’s hope they hear. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
@%#&*@%#&! Or in Eli Lilly’s terms, Zyprexa, its bipolar and schizophrenia drug that gave a lot of users diabetes and other health problems. So far, Lilly has paid $1.2 billion to 28,500 injured users; 1,200 suits remain. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Not So Corny! According to Renewable Fuels Association, as of 12/29/2006 there were 110 U.S. ethanol biorefineries producing 5 billion gallons of fuel with another 73 under construction and 8 expansions that combined will produce 6 billion gallons more, or about a one month supply for the current appetites of America’s motor vehicles. And just how much corn will it take to feed these refineries? According to some estimates, 139 million tons, or over half of 2008’s expected 11 billion bushel harvest; expect to pay a lot more for all those prized ears sloshed with butter. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
No Surprise Here. Two major law firms, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2008 Presidential Election Handicap *
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That’s all for this week, my friends. Keep the fath! |
Friday, December 29, 2006
Decency Dealt a Blow: Gerald Rudolph Ford, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Score Card – Progress Meanwhile, Bush and company continue to ponder an | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Hello Dolly! The US FDA has big T tentatively deemed cloned meat and milk from cloned cows, goats, and pigs (no sheep?) and their offspring safe to eat. Rest assured there will be a lot of yelling and agonizing and we may never see other than clone free products in our supermarkets and meat markets, but measuring how a cloned animal is produced against one produced out in the barnyard, I’d opt for cloned products in a lab minute. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trans Fat. No, not the blood-stopping gunk used in French fries and other formerly delicious junk food, but Transfer Fat, the kind used to lure chief executives and other high-ranking officers to corporations. In the biz, it’s known euphemistically as a golden hello (a nice balance to the golden parachute that protects executives being ‘forced out,’ another euphemism, this one for ‘axed’), and believe me, these hellos are truly golden, running to tens of millions. They’ve been designed to shield corporate hopping executives from facing hardship as they move from palatial office to palatial office closing plants, shipping jobs offshore, and otherwise eliminating jobs of the working grunts who get what is known in the biz as the ‘shaft,’ an euphemism for screwed. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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SEC Sudoku? Three cheers for the SEC that has taken some perfectly unintelligible rules and regulations and turned them into an incomprehensible set of instructions. Now when you want to know how much the CEO of the company in which you have your hard-earned bucks invested, you don’t have a hope of finding out. Before, you could at least trick your mind into believing you might hire someone smart enough to figure it out. I wonder why simple disclosure and truth haven’t occurred to these overpaid bureaucrats and execs. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2008 Presidential Election Handicap *
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That’s all for this week, my friends. Happy 2007! |