Archive for the ‘Business’ Category

Will Google join the dinosaurs?

Tuesday, March 24th, 2009

AdvertisingAge magazine (online) reports that Google is discussing it’s ranking algorithm with members of the mainstream media.  They seem to think that with Google on their side they’ll recover from the lost advertising revenue that resulted from decreased circulation.  But I think that rather than bring up the mainstream media it will bring Google down.  (h/t MichelleMalkin.com)

Background on Google’s ranking

Google’s primary goal has always been to provide the best search results so that Internet visitors will continue to use their free service.  Once those visitors use the free service Google mixes ads into the search results so that they can make money. It’s an excellent business model for the Internet, giving both visitors and advertisers what they want.

The ranking algorithm is the series of programs that Google runs to determine which pages on the Internet get reported first when someone searches for a particular word.  This applies to Google and every other search engine on the Internet, some of which get a lot of their information from Google.

For the most part the way Google’s algorithm works now is that the pages that get linked to the most (from other pages) will show up at the top of the list of results that Google provides.  There are other factors such as relevance and probably some unspoken preferential treatment given to Google’s own advertisers.
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King County Government = Union Thugs?

Friday, March 20th, 2009

King country seems to be putting pressure on Key Bank over one of their customers’ labor dispute.  I’m not surprised that a union would resort to treachery and heavy handedness.  I am surprised that a county government would act as union thugs in a labor dispute.

The Business Examiner Daily reports “Trucking labor dispute ropes in bank“.  The simple explanation is that King County government seems to be trying to put pressure on Key Bank to, in turn, put pressure on Oak Harbor Freight to cave to the union’s demands.

We saw the same thing a few months ago in Illinois when a union pressured a bank first to make risky loans to a failing business and then, when that didn’t work,  to make risky loans to former employees of that unionized business that was forced to close.  It wasn’t the bank’s fault that they closed.  In fact, it was probably party the union’s fault. The business had been unionized just a few years earlier and that fact probably contributed to the company’s inability to remain competitive in the slowing housing market that it supplied.

I think unions have out-lived their usefulness in this country.  There was a time when businesses were out of control and abusing employees because of greed.  Since that time laws have been changed to protect workers.  Unions no longer fill that role in society.
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Bailouts…

Wednesday, March 18th, 2009

For capitalism to succeed, individual businesses must be allowed to fail.  Just as in nature the weak must give way so that others may survive, a failing business that is consuming resources must cease to exist as a body so that others may be fed by it’s remains and by the resources it would have consumed.  Sound brutal?  It’s life, and it’s capitalism.  And socialism is no alternative.

As I listen to the supposed outrage at bonuses paid to AIG executives, I wonder about the whole story.  The fact is AIG as we know it should have failed and died out or been replaced with a new business model.  Had that happened there would have been no bonuses.  There would have been other problems as well, but would those problems be worse than what we and the next generation will have to deal with?

There was a local financial failure last September that resulted in the weak being devoured by the strong.  JP Morgan (Chase) purchased assets and some liabilities from WaMu when it was in receivership.  That move was capitalism at it’s finest.  Chase grew and their stock went up.  WaMu’s depositors kept their money and many (not all) of their employees kept their jobs.  And that was before the $700B (i.e. $380B) Wall Street bailout.

“We’re in favour of what the government is doing, but we’re not relying on what the government is doing. We would’ve done it anyway,” said Jamie Dimon, JPMorgan’s chief executive.

Under socialism it’s the chosen that survive.  Some may be weak but under socialism they are protected or made stronger by a powerful government which no one can argue against.  So like the genetically flawed animal that is allowed to propagate in captivity when it would have died out in the wild, weak business models in weak markets are propped up and propagated in the economic captivity of socialism.  But who’s paying for the zoo?  The taxpayer, of course.
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Barry’s economy

Saturday, March 7th, 2009

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h/t MichelleMalkin.com

Another legislative attack on religion; Update: Bill dies due to ethical questions

Thursday, January 29th, 2009

Liberals in the Washington State legislature are once again attacking the free practice of religion.  Bills introduced in the House and Senate by some of the most liberal Democrats in this state’s congress would put employers in further jeopardy of frivolous lawsuits by disgruntled employees and former employees.  In addition it furthers the business-unfriendly climate that exists here in Washington State.

I’m guessing that this is payback for the trial lawyers who supported them in their campaigns.

Aside from opening the door to violating the free exercise clause of the US Constitution, this bill has a broad and nebulous definition of what constitutes a violation.

NEW SECTION. Sec. 2. (1) An employer may not require an employee to attend a meeting, or listen to, or respond to, or participate in,  any other communication when a purpose of the requirement is to ensure that employees receive communications relating to political or religious matters or to influence the employee’s beliefs, opinions, or actions about political or religious matters.

(2) An employer may not take or threaten to take an adverse employment action against an employee because the employee:

(a) Refuses to attend a meeting or listen or otherwise respond to, or participate in, any other communication that the employee reasonably believes violates or would violate this section;
(b) Challenges or opposes any practice or action that the employee reasonably believes violates or would violate this section; or
(c) Makes a claim, files suit, testifies, assists, or participates in any manner in any investigation, proceeding, or hearing involving any practice or action that the employee reasonably believes violates or would violate this section.

The fact is proselytizing, or evangelism, is a basic tenet of most Christian religions.  Preventing anyone, no matter where they are or what they’re doing, from engaging in those efforts violates the free exercise clause.  This law would likely hold the employer responsible any such efforts by any employee for simply allowing the free exercise of religion by any employee. Let me put it another way.  If an employer allowed one employee to talk about his religion in the workplace another employee could claim that he was therefore forced to listen to it.

And you can kiss the company Christmas party goodbye.  And forget about businesses partnering with religious charities to benefit the needy in our communities.

Makes me wonder what these people are so afraid of.  Why does religion, especially Christianity, frighten these people so much that they make every possible attempt to squelch it?  Talk about frightened and clingy.

Here’s how I think they should change this bill:

  • Remove any reference to religion, since it’s covered in the First Amendment of the US Constitution, which this law violates;
  • Leave in all of the stuff about politics;
  • Include labor unions everywhere that employers are mentioned.

This way some of the Republicans in the Puget Sound area who fear for their jobs just for mentioning their political affiliations will have some recourse and maybe some union members will feel free to vote their conscious instead of having to risk their paycheck and their safety.

Think that will ever happen?

Related:
COFFEE BREAK: business and politics

Update:
Holmquist: broad bill could limit free speech, cost jobs

Update:
‘Working Privacy Act’ dead amid ethical questions

Bailout Pork

Monday, October 6th, 2008

The Washing Policy Center (WPC) has come out with a list of pork added to the Wall Street… er… I mean the mortgage bailout bill.

By the way, did anyone notice what happened in the stock markets around the world today? They tanked. Ours. Theirs. All in the toilet. Looks like the bill failed. So what’s next? I’m guessing it the battle of the bands will begin. Who’s nose is cleaner, the R’s or the D’s? For my part, I hope every politician who got his hands dirty on the Freddie/Fanny debacle loses his office to a challenge. But I digress.

There are different kinds of pork, we’ll call them different cuts of the same pig. When a bill must be voted for for political or national security reasons it gets loaded with whatever can’t stand up to scrutiny. Call it ‘ground pork’. Then there are the bills, like the bailout, where a few delicacies are added for to make it more invoting… er… inviting to those who wouldn’t otherwise vote for it.

With this bill I’m left wondering who got bought out with this pork. Who’s vote was for sale when a little extra bacon was tossed their way?
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Alternatives to global warming alarmism from a European leader

Friday, October 3rd, 2008

This week an award was given to the President of the Czech Republic by a Puget Sound think-tank known as the Washington Policy Institute. The organization’s primary goals are to support democracy free market principles. The award was given to Václav Klaus and he spoke that evening to a group gathered in Seattle. Several from Tacoma were in attendance.

In his published speech he spoke out against the EU, saying that his nation had little choice in joining and that the effects have been the loss of freedom, democracy and free-market liberties.

I would like to focus on his comments about global warming alarmism. As a world leader he is faced with the effects of this trend and in his speech offered some insights that seem to be lacking in American discourse. I apologize for lifting so much of the text, but I think it’s important to hear it all in his words, rather than mine. I’m not an economist or world leader. (more…)

Software Applications for Small Business

Saturday, August 30th, 2008

Here’s a little insight for small businesses into the world of software applications for their business. It’s a brief overview of how small businesses meet their specialized computing needs, from off-the-shelf packages to custom development.

Many small to medium sized businesses have information processing needs that go beyond the capabilities of off-the-shelf software packages such as QuickBooks or Act!. Some augment the packaged application with small custom databases or spreadsheets in general purpose applications like Microsoft’s Access and Excel. Some find industry specific applications that meet their needs or can be modified to reach a level of adequacy. But beyond that a company enters the world of software development and suddenly it’s a whole new ball game.
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Firewire over your existing TV cables

Wednesday, August 27th, 2008

This is fairly big news from the home electronics industry. A bunch of companies got together, as they often do, to come up with a new technology standard that could have a huge impact on home entertainment. Some of these standards have been attempted before, but a recent technology breakthrough might make it practical for everyday home use.

The term ‘Firewire’ is an industry buzzword for something engineers refer to as IEEE 1394. This is one of those industry standards that’s used in many computer and video devices. As is always the case with these standards there is a little bit of variation between manufacturers that comes down to a simple matter of compatibility. In other words, even though it’s a ’standard’ it doesn’t mean that it will always work correctly.

Firewire has been in use for several years. What’s new is that the industry has agreed on a way to use coaxial cable that is probably in your house already. This new and innovative approach will allow you to hook up a device known as ‘bridge’ to the same cable you connect to your TV. Installing these bridges in different rooms of the house will allow video and computer traffic to go across the existing cable.
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Tourism cart before the horse; Update: yet another?

Friday, August 22nd, 2008

Once again a Tacoma merchant is burned by the pipe dreams of local liberals. Tall Ships Tacoma finished their events with a loss of half a million dollars. That’s right. The “International Financial Services District” isn’t the only pipe dream still catching the fancy of local liberal cheerleaders. Tourism is still front and center in the minds people who should know better.

AngelouEconomics, the consultants hired to evaluate downtown Tacoma’s economic development options were very clear in their presentation about tourism. It’s not a primary industry for Tacoma to focus on. Tourism is a secondary industry that will grow as the primary industries in their recommendations grow. Yet, the cart is still before the horse.

Another money losing event. Another expensive tourist attraction (museums, museums, museums). When will local leaders wake up and change course into something productive?
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