Archive for the 'Big Business' Category

Iraq .. I agree with Bush

Posted in Big Business, Iraq, Politics (Opinion), The War in Iraq, The War on Terror on November 30th, 2005 by zedlappy

Well a little anyway.
Lets start with the following:
- We had no right to invade Iraq. Iraq posed no threat to the US and had no links to Al Qaeda. That much is as clear as day no matter what anyone else says.
- We invaded Iraq for the following reasons: OIL, He tried to kill my daddy, OIL, Haliburton, OIL, having an american base of operations in the middle east, OIL, Oedipus, and for the bunnies
- Iraq is not better off now. Yes Saddam is gone and he is/was a bad man but Iraqis were united in hating him as opposed to the west. There was an infrastructure in place(utilities, govt etc… no matter how corrupt) and there weren’t bombings taking place every day killing dozens.
- Women had more rights under Saddam than it looks like they will once a theocratic islamist regime/govt comes into power soon.
- 2000+ and counting US deaths and at least 100k Iraqis killed by US military. This is the blood on our conscience that will not wash away much like Vietnam.
- The US is most definitely not safer now than we were before we invaded. This has not only created a great recruiting tool for “the terrorists” but also caused a general feeling of ill will with the Muslim world and absolutely wasted the political cache and sympathy we had following 9/11

Now where do I agree with Bush: We cannot pull out now or anytime soon.
- Just because we invaded for the wrong/no reason and have destroyed the country doesn’t mean we can “cut and run” now. We have to fix or at least make a good faith effort to fix the mess that we have caused. Those 100K+ deaths and the many more to come are on the US’s hands now.
- The leaders of the resistance are definitely aligned or associated with Al Qaeda now and they are more organised than any other group in Iraq. If we leave, they will take over and that is bad.

What we should do:
- Apologize. Not to the american people but to the Iraqi people. Engage in diplomacy and use Imam Al Sastani (sp) one ofthe more respected people in Iraq to calm tensions. Explain US intentions clearly without double talk.
- Stop torturing people. Pass laws. Prosecute Rumsfeld and Cheney (realistically at least a slap on the wrists). Make the 10% or so of the military in Iraq who are complete idiots take some “How to behave like a decent human being” classes.
- Insist on a true democracy. Model it after the former Pakistani govt(an Islamic republic where women had at least quasi-equal rights) or a democracy that works in a majority muslim nation(indonesia?Bangladesh?).
-Send more soldiers if necessary. Thats what the generals want. Hire actually qualified people to implement the occupation!
- Impeach Bush

Jail! (almost)

Posted in Big Business, Politics, The Environment on November 16th, 2005 by Pope Hammer

I’ll be taking bets on whether Cheney goes to jail or dies first… both just seem so close! Or perhaps the stress and shame of an indictment hearing will give him a fatal heart attack. Well the stress might. If he dies at the indictment hearing, bets are off.

http://yglesias.tpmcafe.com/story/2005/11/16/14526/277

Kill them now.

Posted in Big Business, The Economy on October 27th, 2005 by DoubleMan

Apparently the U.S. economy is not based on free markets like conservatives claim, but rather some large-scale game of Monopoly, of which there are only a few players. I challenge you to name a truly competetive market. Go ahead. Maybe just name an industry with more than a few key players—I think you’ll find that that industry isn’t really that competetive.

Anyway, the ridiculous gas prices we’ve been paying recently were basically us just getting fucked in the ass, hard. If companies claim that prices are going up because inputs are beyond their control, one would expect that their profits might decrease as their margin shrinks. Not so!!

The 3Q results for Exxon and Shell show no signs of struggling.

Exxon’s revenues were $100.72 billion, the highest ever for any company. Their net income was $9.92 billion.

Shell’s revenue was $76.44 billion, with net income of $9.03 billion.

Shell’s CFO said, “we are capturing the benefits of high oil and gas prices and refining margins.” You can say that again.

My quarterly results, on the other hand, were not quite as rosy.

A pattern?

Posted in Big Business, Politics on October 15th, 2005 by DoubleMan

Watching the “Co$t of Freedom” on Fox News this morning, as I usually do, I had some questions about the background of one of the guests. The guest in question, Dan Senor, was on to discuss the potential impact of the Iraqi referendum vote on U.S. stock markets. Of course, he said that it is imperative to the world that Iraqis approve the Constitution.

If you don’t remember, Dan Senor was the face of the Iraq Coalition Provisional Authority, serving as the spokesperson and Paul Bremer’s bumboy.

Prior to joining Bremer’s team, Senor worked at the Carlyle Group. Really?? Wow!

Lets all join the Triforce hoedown

Posted in Big Business, Elections, Politics, Uncategorized on October 9th, 2005 by Pants Of Time

Well well now. It appears DeLay is a little more involved with TRMPAC than he suggests. We all knew it, but where was the proof? I’m sure Earle has plenty of proof… but here’s a little appetizer for whats about to come.

Yes yes, we are here today with LEAKED MEMOs. I love leaked memos. There’s really never enough leaked memos in this world.

On with the show!

Memo #1
Memo #2

Lets all send Tom some lube as a going away present.

I dont even know what buzzwords you can use to cover this up…

Posted in Big Business, The Environment on September 29th, 2005 by Pants Of Time

This post can speak for itself. I cannot formulate words that express my feelings towards this.

NPCA: Pombo Committee Seeks to Commercialize National Parks, Sell off 15 Parks to Oil Industry, Developers

9/23/2005 1:54:00 PM

To: National Desk, Political and Environment reporters

Contact: Andrea Keller Helsel of the National Parks Conservation Association, 202-454-3332

WASHINGTON, Sept. 23 /U.S. Newswire/ — Following is a statement by Tom Kiernan, president, National Parks Conservation Association:

“In an outrageous budget reconciliation draft obtained by the National Parks Conservation Association, Rep. Richard Pombo (R- 11-CA), Chairman of the House Resources Committee (the most influential House committee on public lands issues), has outlined a plan to close 15 national parks and sell them off to oil and gas industries and private developers; demand that park vehicles and facilities be turned into billboards for commercial advertising; and sell commercial naming rights for park buildings, among other devastating proposals.

“Like Mr. Hoffman’s recent rewrite of the National Park Service’s management policies, this is another fundamental attack on America’s national parks.

“Congressman Pombo has proposed removing from the park system and selling for profit 15 national park sites, including several that honor Revolutionary War heroes, African American leaders, American Indian culture, magnificent Alaskan wilderness and wildlife, priceless archeological sites, and even the memorial to our greatest conservation president, Theodore Roosevelt. Closing these parks would rip significant pages from our American story, but could also devastate Native subsistence economies in Alaska, as well as affect local economies in other states that rely on visitors to these parks to generate annual tourism revenue.

“These 15 parks make up approximately 23 percent of the total park system acreage — which is already only 2 percent of U.S. public lands.

“Congress and the administration have a responsibility to protect our national heritage. Instead, Congressman Pombo seems prepared to put our American heritage on the auction block, insulting the American people and tarnishing the birthright of current and future generations.”

http://www.usnewswire.com/

-0-

/© 2005 U.S. Newswire 202-347-2770/

A “Brief” History of the MPAA

Posted in Big Business, Freedom of Speech, Opinion, Politics, Religion, The Economy on September 28th, 2005 by kstevens

Pants of Time’s offhand (and deserved) swipe at the MPAA in the comments a few posts below made me think of this issue. While I am no fan of the MPAA and find even the hint of censorship in art to be offensive on its face, I have to admit that the MPAA is better than the alternative (congress). We see this playing out now with the video game industry in the wake of “hot coffee,” and I am willing to bet that the video game industry takes the same approach as Hollywood did.

Prior to 1930, Hollywood Studios had absolute free reign over the content of their films. However, the explosion of the popularity of film (especially among immigrant populations) lead many to fear the potential effect that immoral films might have on these “illiterate,” “unsophisticated,” groups. As a result, local governments created ratings boards which would enforce local censorship laws.

These boards were generally ineffective, and national public outcry, headed by the Women’s Christian Temperence Union (the fine folks that brought you Prohibition), lead to the creation of the MPAA. The MPAA created a list of guidelines for filmakers which were largely ignored untill the advent of sound in film. The inclusion of sound lead to widespread public concern and the creation of a more formal code.

In 1930, the code was finally given teeth with the creation of the Production Code Administration which required all films to obtain a certificate of approval before being released. As a result, many films were either edited or never made it to the screen and foreign films were prevented from being imported (I will spare you the rediculous details of what content was prohibited; but you should check it out for a good laugh).

All this was working just fine (for the studios, if not for the art) untill the late 1950s when the Supreme Court ruled that the studios were violating antitrust laws in their ownership over the theaters themselves. This resulted in independent theaters which would show films that had not been approved of by the PCA. The success of these movies lead the studios to reovlt against the production code and release movies without the certificate. The overwhelming success of uncertified films lead to the wholesale abandonment of the code.

Congress responded by launching an inquiry into congressional regulation of film content. Responding to this, the MPAA, headed up by Lyndon Johnson aide Jack Valenti, established the rating system. The MPAA rating system went into effect with four ratings: G, M, R, and X. The M rating was changed to PG in 1972. The advent of the rating system resulted in the release cutting edge films (Midnight Cowboy, Last Tango in Paris; Looking for Mr. Goodbar) and also allowed for the importing cutting edge foreign films (e.g. I am Curious Yellow), while avoiding congressional ire.

Although these films were very sexually explicit (at least for their time; although Tango still qualifies IMO) and very popular, the ratings sytem allowed the industry to argue that they were preventing harm by notifying consumers about the content of the film. Unfortunately, for reasons I can’t remember, the MPAA failed to trademark the X rating. This allowed independent film companies (and pornographers) to distribute even more sexually explicit films and use the X rating without actually receiving it from the MPAA. Two famous films to do this were “Deep Throat” and “Behind the Green Door,” both of which enjoyed wide releases and suprisingly good box office numbers. Congress once again decided they were going to get into the act and start regulating the industry. As a result, the MPAA quickly dropped the X rating and substituted it with NC-17.

More importantly, the MPAA began pressuring theater owners not to release movies that recieved an NC-17 rating by threateneing to withold major blockbusters from the offending theater. The result is the system we have today.

Admittedly, the system is flawed. It leads to self-censorship by producers and directors in an effort to avoid the dreaded NC-17, it is absurd and arbitrary (you can say “fuck” only X number of times before your rating bumps up a notch). Additionally, because the ratings are rigidly policed by theater owners, there is even further pressure for self censorship in order to lower the rating and increase the target audience. Further pressures are put on by moralistic distibutors (Wal Mart and Blockbuster) who will refuse to stock the DVD if the movie receives an NC-17.

However, as anyone following the politically (and probably personally–I hate how she is always accused of “positioning” herself) motivated antics of Hillary Clinton regarding the “hot coffee” issue knows, there is aboslutely nothing worse than government when it comes to promoting creativity. I shudder to think of what a govenrment censorship board would have done to movies such as “Farenheight 9-11,” “Three Kings,” “Last Temptation of Christ,” “Dogma,” and my personal favorite, Roberto Rosselini’s “L’Amore.” (which suggests that the Virgin Mary was a completely insane) While the MPAA can accurately be derrided as a censor, I think the genius of the MPAA is that as long as Hollywood has control over the censorship, they can slowly push the envelope (although I must concede that TV seems to have progressed a lot more than film in the last 20 years despite rigid FCC regulation)

I suspect that video games will head in the same direction as movies. They are certianly going to have to commit heavily right now to much more rigid self-censorship. Personally, I have a hard time seeing video games as art, so I have a difficult time getting passionate about this issue (I guess its hard to care about the censorship of what you consider to be pure entertainment: “I am OUTRAGED that they censored three instances of the word “fuck” out of Pearl Harbor!!!”). Even so, here’s hoping the video game industry takes the smart road and re-commits to its own brand of rigid self-censorship and not to congress’.

Beta vs. VHS Part Deux

Posted in Big Business on September 28th, 2005 by DoubleMan

Pants of Time, I need some help.

On the one side we have Apple, HP, Dell, Phillips, Sony (it’s format), and a few others supporting Blu-Ray, and on the other side we have Microsoft, Intel, Toshiba (it’s format), and a few others supporting HD DVD.

This was the best breakdown I could find.

Can you break it down for us and also tell us how to pick a side while not supporting Apple or Microsoft? And when will we have HD DVD/Blu-Ray writers so we can start copying this stuff?

And now for your “OMG!” of the day

Posted in Big Business, Politics, The Economy on September 25th, 2005 by Pants Of Time

Wow, this one is really shocking. I just about leapt out of my seat when I read this. Can you detect my sarcasm? Good.

In light of Mr. Frist’s insider trading, lets look at the senate as a whole.

A report showing outsize portfolio gains for US senators is raising new questions about ethics and conflicts of interest for Capitol Hill power brokers.

The study found that during the boom years of 1993-98, a majority of US Senators were trading stocks – and beating the market by 12 percentage points a year on average. By comparison, corporate insiders beat the market by 5 percent, and typical households underperformed by 1.4 percent.

During the 1990s years in question, 62 senators disclosed some 6,000 stock trades. Nearly half of those were reported by just four lawmakers: Claiborne Pell (D) of Rhode Island, John Warner (R) of Virginia, John Danforth (R) of Missouri, and Barbara Boxer (D) of California. The vast majority of purchase transactions are less than $15,000.

Tsk Tsk Barbara. Whatchoo doin? Irregardless I’d like to see a followup of this story during the Bush years instead of the Clinton years.

Link.

Bitch, please!

Posted in Big Business, Health Care, Politics (Opinion) on September 23rd, 2005 by DoubleMan

I don’t want to jump to conclusions…..

Mr. Frist (I refuse to call him Dr. after the shit he pulled during the Schiavo fiasco), sold his shares of HCA a month before the company gave an earnings warning and the stock price dropped. The SEC is now investigating and issuing subpoenas. Frist denies that he had any foreknowledge of the company’s earnings. Right.

The sale wouldn’t seem that strange if it weren’t for the company involved. HCA is the largest U.S. hospital chain, founded in 1968 by, guess who, Thomas Frist and Thomas Frist Jr., Billy’s father and brother. Thomas Frist Jr. is on the board, and was chairman until 2002. Billy wouldn’t have any idea how to find out how the company was doing, would he?

Now maybe Frist could get away with this if he had a loose relationship to the company, although Martha still couldn’t get away with it, but that’s clearly not the case.

I think the potential charges could also be a lot more severe than what Martha got hit with.