Archive for the 'Business' Category

The Free Market and Journalism

Posted in Money Matters, wordpress, internet, blog, News Media, disclosure, ethics, Opinion, Business on March 1st, 2010 by Stanford Matthews

fourth estateThe mainstream media has fallen on hard times. You may recall it being the subject of another list of targets to ‘bailout’ as Washington politicians continue to spend money we don’t have. But it is understandable they would not want the only collective voice supporting their nonsense to disappear. How else would they be able to quote writers as their only argument in favor of that which is largely opposed?

This post is inspired by a random survey of articles in the first week of this year and has been hanging around in a bookmark file for some time. It had come to the decision point of write about it or delete it. And with a post here on the idea of using sources with no names entitled ‘Under Condition of Anonymity’ writing about it seems fitting.

The article from the LAT by James Rainey, ‘Freelance writing’s unfortunate new model’, did its job of drawing a reader’s attention. From that point it is anyone’s guess if that condition remains. His lament that tough times for the mainstream media translate into tough times for writers, freelance or otherwise, seems obvious. Talk about a case for trickle down economics. If the business supporting incomes for individuals encounters some degree of failure how are they to continue as before? If the business loses money so will those depending on it for an income. This ain’t rocket science.

After noting less than impressive opportunities for freelancers Rainey expresses the real reason this article stayed in the bookmark file this long.

What’s sailing away, a decade into the 21st century, is the common conception that writing is a profession — or at least a skilled craft that should come not only with psychic rewards but with something resembling a living wage.

Why? Where is it written that a skill you may have should provide a living wage? It is not necessarily true that if you build it they will come. And it follows that they may not be willing to pay for it. The problem may be the result of the audience or market realizing the product or service is not what it once was and are no longer as interested in paying for the privilege of using it.

Rainey suggests compensation for writing may have hit bottom. And he adds that little attention has been given to it ‘outside the trade.’ Is he aware that there has been a recession as well as troubling times for most economies around the world? His timeframe is a fair match for similar problems faced by just about everyone else. The economy stinks and money’s tight.

news standThe last word for Rainey’s article (from here) suggests he may have it backwards. The quality and quantity of what passes for journalism in the mainstream media and elsewhere may be the real reason for hard times in the writing trade. An inability to deal effectively with a changing market and allowing public criticism of bias to be ignored may be the real cause.

As for what we will be missing if the trend he describes continues Mr Rainey might want to consider that ship has already sailed. Had journalism remained in the media hard times for the industry may have been avoided.

Stanford Matthews
MoreWhat.com

More Than Just Smoking

Posted in Money Matters, Health, wordpress, youtube, News Media, Video, Freedom, Business on February 23rd, 2010 by Stanford Matthews


An interesting slice of this video report reveals other freedoms that are abridged in the workplace. Specifically, freedom of speech disappears at the employer’s door.

Stanford Matthews
MoreWhat.com

Tiger Woods to Speak Publicly Friday

Posted in wordpress, News Media, disclosure, ethics, Advertising, Opinion, Business on February 18th, 2010 by Stanford Matthews

TigerWoodsWIKIcc.jpg

Nothin’ like celebrity damage control to demonstrate what is really important to them. Money, sex and politics may rank as the top subjects leading to a bankrupt moral compass but it seems a bankrupt financial future is more the concern of one celeb.

Money, sex and politics are featured in the trifecta of both John Edwards and Mark Sanford. Tiger Woods does not get honorable mention for excluding politics. The scheduled event described below will likely be seen for what it is. An attempt to woo advertisers who abandoned the Woods’ brand after his multiple falls from grace.

Question for the day: What is the worst thing you ever did?

Stanford Matthews
MoreWhat.com

and here’s the brief report from VOA from which the post title is taken.

The agent of world number-one Tiger Woods says the American golfer will end nearly three months of silence on Friday, when he speaks publicly for the first time since revelations of his marital infidelity.

Agent Mark Steinberg said Wednesday that Woods will speak to a small group of reporters and friends at 11 a.m. EST, at the clubhouse of the TPC Sawgrass golf course in Ponte Vedra Beach, Florida.

Woods is expected to talk about his past, his future plans and to apologize for his behavior.

The appearance will come in the middle of the first big event of the year, the Accenture Match Play Championship, which got under way Wednesday in Marana, Arizona.

Accenture was the first sponsor to drop Woods when the scandal first broke.

Glass-Steagall and Deja Vu Politics

Posted in Public Affairs, Money Matters, wordpress, Politics, disclosure, ethics, oversight, Opinion, Congress, Business on February 16th, 2010 by Stanford Matthews

Even though many countries throughout the world largely blame the US for what was called the global financial crisis the greed responsible and regulatory incompetence that enabled excessive risk in financial markets has its roots where most massive failures do; the legislative halls of the US Congress and other such institutions around the planet. Those countries citing the US as responsible for their crippling losses are as guilty as anyone for gladly participating while everything was working out in that house of cards.

political follyInternational criticism and commentary aside there have been other suggested culprits throughout the long history of actions leading to the economic problems Americans now face. Senator Chris ‘Countrywide’ Dodd as well as sputtering Congressman Barney Frank are but two politicians connected to the banking industry. There are many more who helped themselves to the profits available in the mortgage industry during the run up to disaster and one such person is none other than Rahm Emanuel, President Obama’s Chief of Staff. The President’s choice for Secretary of the Treasury, Timothy Geithner, also has dirt on his hands from his tenure at the Federal Reserve Bank of New York.

During the initial reporting on such matters over the last couple of years the mortgage portion of the crisis included criticism that the Community Reinvestment Act was responsible for much of what happened. It was suggested that financial institutions were forced to extend credit for housing that borrowers were not likely to pay back.

Another culprit receiving criticism in recent years was the Securities and Exchange Commission or SEC. In the past this site featured press releases from the SEC describing the results of legal action against various types of fraud in the financial markets. Almost exclusively the outcome involved what essentially was profit sharing between the offenders and the government. Rather than ever seeing jail time the perps were merely barred from engaging in business in the financial markets and paying some amount of money to the SEC that no doubt came from the ill-gotten gains.

Testimony by former Fed Chair Paul Volcker has focused attention on what may be the single largest reason for problems in banking and Wall Street. The Banking Act of 1933 also known as Glass=Steagall was enacted to avoid problems within the banking industry that occurred then and are remarkably similar to what happened lately. Over the years various parts of the ‘act’ were repealed and some are calling for restoration of those limitations now.

You can do a search on the topic at your favorite engine. You will likely find information about the original safeguards and a repeal history. In addition, HR4375 is a bill sponsored by a Democrat and co=sponsored by nine more plus a Republican. The bill seeks to restore some of Glass-Steagall. Also Senators McCain and Cantwell are in the news claiming to want the same thing or something similar.

governing poorlyThis story and the items mentioned above point to the central theme of this post. Political rhetoric and ‘after the fact’ reactions are all too common. It is the evidence that proves what most of us already know about government and those who run it. They govern poorly allowing events to occur that could have been prevented. Where were all these people before the problems referenced here took place? Certainly most of them were in office before the so-called global financial crisis emerged.

The author of this blog supports restoring common sense in government. Like most expressing a personal preference for conservative principles and adhering to our nation’s founding documents Congress and the rest of government is encouraged to concur. And if in this particular case wisdom dictates restoring Glass-Steagall to its original form, please do.

It seems logical to accept the following idea. If the current economic turmoil is in fact the worst since the Great Depression and none has occurred since Glass-Steagall until certain portions of it were repealed then restoring the original legislation is prudent.

It would be helpful to all involved if those in government could produce a series of consecutive actions that can be applauded universally as successful and impressive. At least then citizens could be reassured that it IS possible for government to do something right. There is currently little evidence to suggest that is the case.

Stanford Matthews
MoreWhat.com

The Economic Numbers Game

Posted in Public Affairs, Money Matters, wordpress, Politics, disclosure, ethics, obama, Minimum Wage, Business on February 14th, 2010 by Stanford Matthews

Without presenting some of the information provided in an article from The Economist, to avoid having your eyes glaze over, the following excerpt may some it up.

Most troubling of all is the continued failure of economic growth to benefit the labour market. Employment fell by over 300,000 jobs during the last three months of 2009, despite strong expansion in GDP. The first quarter of 2010 is unlikely to show as big an output gain, suggesting that the pace of improvement in employment may be slowing, even as regular job growth has yet to return. And the situation may be more dire still; initial jobless claims have grown in recent weeks, indicating that what momentum there was in labour markets has been lost.

And leave it to one of Obama’s economic gurus, Larry Summers, to spin the situation in a liberal form. He says the American economy is experiencing “a statistical recovery and a human recession”.

That’s liberal-speak for we present numbers that minimize the problem and portray continued losses in employment as a ‘human recession.’ How comforting. The report indicates 41% of the unemployed have been so for 27 weeks. How does that translate into it ’s all Bush’s fault? Those losses came within Obama’s first year in office.

I can hear the liberal response already. However, libs should understand that regardless of the degree to which the previous administration or anyone else contributed to an economic downturn, then candidate Obama campaigned that his hope and change would fix what’s wrong. He knew then what he would face if elected. It is folly to now say that the failure of his agenda is someone else’s fault.

That is why the overwhelming demand from the public, aka voters, is to return to the basics. Stop spending. Stop borrowing. Live within our means and take common sense steps toward recovery. Enough with the political agenda that only serves the ambition of politicians.

Stanford Matthews
MoreWhat.com

Miss Me Yet?

Posted in Public Affairs, Announcement, Bush, wordpress, Politics, campaign, election, Advertising, Opinion, Entertainment, Business on February 10th, 2010 by Stanford Matthews

MissMeYetBush43bb.jpg

A billboard getting some attention was erected at the direction of some as yet unknown sponsors. There’s nothing like a little humor for this troubling political climate. And yes, this blogger laments the departure of Bush 43. Certainly not perfect but a preferred option over current conditions. And like most, the author of this brief post is anxiously awaiting November 2010. After that it will be anxiously awaiting November 2012.

Stanford Matthews
MoreWhat.com

Are Foreign Carmakers Developing an Achilles Heel?

Posted in wordpress, disclosure, ethics, GM, Ford, Business, Japan on February 6th, 2010 by Stanford Matthews

Could it be that foreign carmakers are developing an Achilles heel? No doubt American automakers have taken it on the chin for some time. And much of that is their own doing. But with the advent of Government Motors courtesy of the Obama administration and other related developments one thing seems clear.

Ford Motor Company has faired better than its American competitors. For a review of current accomplishments of note beyond not taking a government bailout check these links on the Ford story.

Ford Market Share and Sales Increase

Ford F-Series Does It Again

Ford Sweeps Awards

Ford Wins Technology Award

2011 Ford Focus Debuts

They may not be killer but then they’re not being killed either. Can you say that about GM or Chrysler? No.

So what can be said about the recent Toyota debacle stemming from ‘foot feeds’ from CTS? While it is causing a serious setback for Toyota it would seem Ford has limited exposure.

Ford Suspends Assembly of Van in China Over CTS Pedal

CTS-built pedal assemblies were used in 1,663 Transit Classic vans made by the [Ford] venture with Jiangling Motors Corp. in Nanchang, China, said Said Deep, a spokesman for Dearborn, Michigan-based Ford. The venture began using the CTS part in December for the vans, which are sold only in China, he said today in an interview.

GM, Ford, Chrysler, Hyundai and probably others are offering incentives to lure Toyota customers to their products. It likely won’t do much for GM and Chrysler but for Ford it may be all upside.

So the question is repeated given other developments in the recent past. Are foreign carmakers developing an Achilles heel? Here are the older reports about foreign car company setbacks given the so-called global financial crisis.

Losses Strike Three Japanese Auto Makers from February 2009

Auto makers have been left with little choice but to scale down production and shed jobs as sales in the U.S., Europe and Japan stumble to lows not seen in decades.

Japan Lifts Auto Forecasts

The upgraded forecasts coincide with data from the Japan Automobile Dealers Association showing that Japan’s auto sales for October jumped 12.6%, the third straight monthly increase, highlighting the improving business environment for domestic auto industry.

Okay, so it may have been just a blip in the typically mistake-free Japanese auto industry. But to have the anomaly of this significant recall so soon after may be systemic. Failures of the American auto industry may be contagious.

A learning curve initiated by earlier American failures may give them a leg up if the Japanese companies fall victim to their own set of problems from this point forward. But these lessons are hard learned by over-confident corporate leadership in the land of golden parachutes and bailouts. Ford Motor Company may be the exception.

Stanford Mattheew
MoreWhat.com

Lefty Obit for Air America

Posted in Public Affairs, wordpress, Politics, liberal, News Media, Opinion, Business on February 4th, 2010 by Stanford Matthews

On January 21st this blog published a post announcing the demise of liberal talk radio. Air America is no more. Perhaps Al Franken can suggest his departure was the reason. But that won’t get as many laughs as him being in the US Senate.

The post here on the 21st suggested there was no reason to comment but just mention this liberal failure. But an item in the LAT on the 23rd changes all that. It starts out well enough as shown below.

Coming only two days after the Republicans’ upset U.S. Senate victory in Massachusetts, the sudden demise of the Air America radio network — after a protracted illness — left liberals reeling and conservatives gloating over the failure of their competing ideology’s highest profile outlet.

But the end of Air America is not the end of liberal talk radio, nor should it be, according to observers.

Ya, all right, according to observers. Obviously that does not suggest ALL observers. Here’s an example of the strange clashes between liberals of various philosophies.

Two weeks after Air America went live, it got yanked off the air in Los Angeles and Chicago as part of a dispute with MultiCultural Radio Broadcasting, which owned the affiliate stations in those cities.

Who cares why? Air America gets support from Clear Channel and they still cannot make a go of it. Sort of like, I dunno, Jimmy Carter and his spectacular experience with things business or economic. Double-digit interest rates, inflation and unemployment ravaged the US. Fortunately all Air America ravaged was Air America. And if you want to point to Slick Willie’s budget surplus at the end of a second term consider this. There was a Republican Congress to balance the insanity of a liberal White House.

Besides those involved with Air America what observers did the LAT use for their condolence piece on the death of liberal talk radio? Air America was about as successful as any liberal agenda in this country or any other. That ain’t sayin’ much.

Stanford Matthews
MoreWhat.com

A $3.8 Trillion Budget: No, Mr President

Posted in Public Affairs, Money Matters, Health, Education, wordpress, Politics, GOP, Democrats, conservative, liberal, News Media, lobbyist, disclosure, ethics, oversight, obama, Opinion, Medicare, Congress, Business, Legislation on February 1st, 2010 by Stanford Matthews

political follyTransparency and accountability have been a focus in the long battle to defeat liberal control of healthcare in the United States. While the antiseptic qualities apply, described in the phrase, sunshine is the best disinfectant, public demand to review healthcare reform legislation and have input is key. President Obama’s release of his budget proposal for 2011 which begins in October requires the same scrutiny and public focus.

Are you kidding me? A three point eight trillion dollar budget ($3.8 trillion) is not what the doctor ordered. Just as the Democratic party and their agenda is on life support so is the US economy. Given that the vast majority of federal budgets are entitlements and discretionary spending this budget number is preposterous. Like the stark reality being experienced by the unemployed and under-employed the White House and Congress need a wake up call.

The plan includes big increases in personal and business taxes, modest spending cuts and increased outlays for education, defense and jobs initiatives.

First of all, tax increases are nonsense in this economy. Second, modest spending cuts are equally ignorant. As for education, sure, it is important. But the simple fact that everyone will have to suffer includes education. So your college plans are postponed for a year or two. Join the Peace Corps or something. And why do we think education can only be improved by spending money. That hasn’t improved student or teacher performance yet.

Cutting more entitlements would certainly help paying for any defense needs. And who the hell needs a jobs bill now that needs to be paid for over ten years? $80 to $100 billion over ten years for government make work jobs? That’s ridiculous.

And enough with the future timelines for reducing spending, deficits and the national debt. Do it now. Right now, in this budget in this year turn the corner and halt the damage being done by government malfeasance. As an ending note to this post Lamar Alexander put it best in describing current politics in Washington.

Sen. Lamar Alexander (R., Tenn.), appearing on the same program, praised Mr. Obama for talking about spending and tax cuts, but said his ideas were flawed. “I’ll give the president some credit,” he said. “He’s in the right church but the wrong pew.”

Stanford Matthews
MoreWhat.com

BTW, following links to the WSJ articles is worth the trip.  And so is the following link.

Debt deluge: Here comes the $1.6 trillion flood of red ink (Michelle Malkin) 

Trendy Beer Drinking

Posted in wordpress, News Media, America, Public, Opinion, Business on January 31st, 2010 by Stanford Matthews

GrowlerThe New Old Way to Tote Your Beer
At Bierkraft in Park Slope, Brooklyn, customers bring their own growlers and fill them with fresh draft beer. They drink it there, or take it out.

By ROBERT SIMONSON
Published: January 26, 2010

BY midafternoon on a recent Saturday, Bierkraft, the beer emporium and grocery on Fifth Avenue in Park Slope, Brooklyn, was half-filled with customers, many of them parents with babies or toddlers in tow. They were browsing the more than 1,000 varieties of bottled beer or surveying the listing of selections available on the 13 taps and 3 cask lines. Some carried a good-sized satchel.

Let’s see. A satchel for carrying a 64 oz glass vessel for beer called a growler. The author of the piece casually inquires if the parents with ‘babies or toddlers in tow’ are carrying this satchel as a diaper bag. Another inquiry came to mind.

Is there something odd or troubling about parents packin’ up the kids and a half-gallon container then heading for the local beer garden? Oh yes, drink it there or take it out. While I have been in places where the take it out part would be a problem, legally, there remains the good judgment part. Why are the kids going with ya to slosh beer? C’mon, a half-gallon container. We’re not talkin’ sippin’ here.

Am I too old-fashioned or is there a problem with this? You might think the half-gallon growler was being shared with others. But when the article reports couples have his and her’s growlers polite distribution seems unlikely.

Okay, in defense of this arrangement to swill it is nothing new. When Sunday was largely a time to first attend church followed by family or community activities on the day of rest similar situations developed like the Saturday story above. Consider the church picnic or local baseball game or family get together where libations were also in attendance.

Maybe it’s nothing. But it just struck me as a bad idea. Not the growler part but the parents, kids AND growler part. You tell me. Is this much ado about nothing?

Stanford Matthews
MoreWhat.com

Steve Jobs’ iPad: In His Own Words; Nothin’ New

Posted in Technology, Announcement, wordpress, youtube, internet, News Media, Video, Opinion, Business, Apple on January 30th, 2010 by Stanford Matthews


In his own words at his own ‘unveiling’ of the iPad Jobs calls the iPad’more intimate’ than a laptop and ‘more capable’ than an iPhone. That translates to an item targeting the ultimate couch potato whose sedentary lifestyle does not even allow for the minimal effort required to operate a pc or mac. At the same time he disses his own iPhone as even less capable than this offering.

What more do you need to understand our technology wasteland?

Stanford Matthews
MoreWhat.com

iPad, iPhone, iPod: the iDiot Family

Posted in Money Matters, Technology, Announcement, wordpress, Microsoft, internet, News Media, Opinion, Business, Apple on January 30th, 2010 by Stanford Matthews

When’s the last time a politician gave us what we wanted? When’s the last time your boss gave you what you wanted? To be fair, when’s the last time an employee gave you what you wanted? And finally, how often have you purchased a product or service that really impressed you in terms of utility, overall value and price or affordability?

In the ‘tech’ world there never seems to be a shortage of those willing to buy whatever is offered. Neither does there seem to be a lack of those willing to applaud the debut of each new item touted by vendors like Microsoft and Apple. This time a mild rant is presented on Apple’s latest ‘thing.’ The iPad has the same naming convention allowing a previous Apple bash on this blog indicating the ‘i’ in iPhone is for idiot.

The same applies for the iPad. Without benefit of manufactured memory this blogger’s own recalls a brief visit to Apple dot com to obtain an official press release. Would have dealt with images but Apple’s paranoia made that option excessively annoying as well. So the use of an earlier technology that has remarkable similarities to the iPad is the substitute.

EtchASketchPocketVerWikiGNU400.jpg

Apple dot com listed a price of $499 for the iPad versus those near $700 at various sources around the net. The 500 dollar price may have been a bare bones version. And there were availability questions which caused some laughter. More laughter was generated by the details about what the fine device can do, or not. These debuts are so silly and the response to them equally bizarre it is all one can do to remain silent observing such nonsense.

Beyond the fact that this is another ‘device’ what the hell is so different about this one from all the others over decades? Oh sure, we’ve seen dial up move to broadband like they couldn’t have done that sooner. Oh my, we have wireless, sort of. The only reason there has been massive increases in memory and storage is to accommodate no technical advancements nor real reasons to purchase additional or replacement devices. Tech is stagnant.

Apple you are no more impressive than that other outfit…. Microsoft. Although you produce funnier advertisements. Speaking of humor, here’s someone else’s reaction to the news.

Tabula Rasa: Apple’s Press Release, Before the Editing
Genius Knows No Bounds
By Peter Jeffrey

For Immediate Release. (Apple employees: Thanks for keeping it under wraps. You may reclaim your first-born sons before the close of business Friday.)

SAN FRANCISCO, Jan. 27 — Apple Inc. announced today a revolutionary new tablet computer offering live HDTV, 3D movie downloads, 4G broadband Internet access from anywhere on Earth or low orbit, interactive multilingual color e-books, e-newspapers, e-magazines, an e-sense of purpose in life and e-anything else we have to do to blast our “competitors” back to the Sprocket Age.

And here’s a link to the Apple iPad press release, really.

Stanford Matthews
MoreWhat.com

Nexus One: Another Disappointment

Posted in Money Matters, Technology, wordpress, telecom, Opinion, Business on January 21st, 2010 by Stanford Matthews

Bell's phone sketchIn a recent post (rant) published on this blog the target was telecom and electronics in general and specifically wireless communications e.g., cell phones and the lack of attention paid to voice service. Just as vendors ignore recent revelations of hacking encryption techniques that expose vulnerabilities customer service has been largely ignored with Google’s launch of Nexus One as the excerpt and link below indicate. But also in the previous rant on this blog the notion that fools rush in explains why the lack of due diligence by those purchasing the latest and greatest allows vendors to be so arrogant.

Customers who have already bought the Nexus One—especially an unlocked one at full price for $529—feel they should be able to call a customer support line instead of waiting on Google to respond via e-mail, whenever that may be. Google has said that it may take days to answer inquiries online, but that’s not fast enough for dissatisfied customers.

Having a small percentage of the consuming public display the gotta have it mentality in years past served the rest of us well. It was like sending up a test balloon to see if new technology delivered. But over time that small group has become large contributing to the proliferation of poor products and services.

In spite of all that Nexus One has going for it, not everything is perfect. As of this writing, there are no accessories, yet. Even though the phone supports what seems to be very robust car and home docks, there are no signs of them being sold. There’s nary a shipping screen cover or silicone case, if such things are important to you. All you have is the micro USB connector and a 3.5mm headphone jack. And for the money, Google could definitely have included a much bigger microSD card than 4GB. Even the Droid came with a 16GB card

Just a day apart the articles referenced above from Ars Technica act like good cop, bad cop. Pan the customer service and then extoll the virtues of Nexus One with a muted discussion of its shortcomings. For the price, none of those problems should exist. But again, since fools rush in, there is no pressure for vendors to offer value for the money.

News Analysis: Google is one of the most respected and admired brands in the computer industry. But glaring problems with the early stages of the Nexus One smartphone rollout betray a lack of careful planning as well as a lack of experience in handling the introduction of a major new mobile hardware product.

The appraisal by Eweek is not as soft as Ars Technica. And it includes a ten point list suggesting how this will hurt Google. Too bad it is not likely to alter the habits of the gotta have it folks that allow this situation to exist in the first place.

Google’s Nexus One phone may have been one of the most anticipated devices of the last few weeks. But since the smartphone’s launch last Tuesday, it has left a string of unhappy customers in its wake.

Nexus One has been plagued by consumer complaints including spotty 3G connectivity, a high early termination fee, poor customer support from Google and problems with the touchscreen.

old cellphoneThe review from Wired is on point as well. And it is a reminder about this blog’s continuous and primary complaint about wireless voice services. They take a back seat to all other features offered by cell phone vendors. We all get geeky from time to time but the fact remains a cell phone is exactly that. A cell phone first where voice communication should be the first priority. And ti should not cost hundreds of dollars to get one.

Can’t exit this post without a comment on the evil tech empire to compare and contrast. The Consumer Electronics Show was held again this year and apparently the current Darth Vader of IT, Steve Ballmer picked up where Bill Gates left off.

When Microsoft CEO Steve Ballmer took the stage at the Consumer Electronics Show Jan. 6, the tech world was expecting something major.

Just about every announcement Ballmer made during his keynote involved relatively minor product upgrades.

The lemmings still flock to Microsoft. And in fairness to MS, you can now find them flocking to Google and most other vendors as well. Will it ever stop?

Stanford Matthews
MoreWhat.com

Can You Hear Me How?

Posted in Money Matters, Technology, wordpress, internet, disclosure, ethics, Public, telecom, Opinion, Business on January 3rd, 2010 by Stanford Matthews

Another reason for a Blog @ MoreWhat.com rant on telecom was exposed launched during the week. Google may have had an idea but it seems it has been reduced to a candidate for loser Letterman’s stupid human tricks segment. How many stupid humans will get tricked by this scheme? Hey folks, hurry out an buy a $530 cellphone or rope yourself into a T-Mobile version with contract for $180. For $80 per month you get 500 minutes with unlimited texting and web. That’s less than 17 minutes of voice phone time on average per day. And this is the latest offering for a phone?

Google’s Nexus One Pricing Details and Terms of Sale Leaked
Brennon Slattery, PC World

A day after Google confirmed its Android media event next week pricing details and the terms of sale were leaked for its highly anticipated Nexus One smartphone. Gizmodo broke the story with Nexus One site screenshots that show the phone on sale for two prices: a subsidized T-Mobile edition for $180 or an unsubsidized version for $530.

No one should really have to explain what’s wrong with this or the following story.

GSM is the most popular protocol for cellphone telephony on the planet, with billions of users worldwide. But the standard encryption procedure used by most GSM carriers is only 64-bit, and academic researchers had spotted flaws in it starting over a decade ago. Now, in an effort to get carriers to take security seriously, a researcher is publicizing a brute-force attack on the encryption that he expects will be combined with work on the GSM frequency selection algorithm to create a cheap and easy method for eavesdropping on cellular calls. Despite initial progress on the effort, the cellular industry remains unimpressed.

(There were subsequent reports about more flaws being exposed along with how to do it while this post was being prepared to be published.)

GSM, Global System for Mobile communications, is the dominant protocol. Why? Most likely because it suits the purposes of telecom companies and as is the usual case the consuming public rarely if ever applies due diligence to buying decisions. So what you say?

Bell1892400.jpg

From electronics in general to information technology and gadgetware the consuming public allows themselves to fall victim to the gotta have it mentality. Vendors do a great job of manipulating the release of the latest and greatest. The typical consumer invests in a product or service and at planned intervals the vendors introduce subsequent versions that often diminish the value of the previous offering. Just a redux of the old planned obsolescence and most continue to play along.

The report above is a classic example. Previous posts published on this blog on the topic of telecom and/or IT regularly point this out. Rather than focus on the primary purpose of a product or service and delivering superior performance in that regard, vendors hawk the bells and whistles that distract from failure to provide real value for the consumer’s money.

Gotta love the wireless industry response to the report featured here. Ya, so what? Some have migrated to 128 bit encryption but that is not the point. Although the sophistication required to crack 128 bit surely passes 64 bit by a long shot how long will it be until 128 is cracked? Would proactive measures avoid such vulnerabilities?

This minor rant fits nicely into comparable current events and a broader concern. The latest exposure of US national security vulnerabilities came shortly after a TSA or DHS announcement of how wonderful the system is working. That was followed by DHS princess Napolitano suggesting the system worked in spite of a near tragic terrorist attack. And like the ho=hum response of the telecom industry to cracking encryption Napolitano, et al had an equally ho-hum response on what to do about flawed national security.

In business, government, politics and the public mindset we really need to address critical issues in a responsible manner. There are certainly those acting responsibly on this planet but those who are not are becoming commonplace. Screwing the public to earn a profit is not what free markets are about. Lofty rhetoric concealing public sector misdeeds is not good governance. And unfortunately, public response to such conditions is woefully inadequate. Most often tragedy strikes before the public responds and its effect is short-lived.

As an update to this post just before publishing, a member of the Google organization, Matt Dunne, is running for governor in Vermont. Does anyone else see where this is going?

No shortage of potential New Year’s resolutions in this post. But then like most years the chance for responsible action on critical issues will go the way of most New Year’s resolutions.

Stanford Matthews
MoreWhat.com

Obama, Reid, Pelosi and Hoyer: Clueless on Jobs, Etc

Posted in Public Affairs, Money Matters, wordpress, Politics, liberal, conspiracy, disclosure, ethics, obama, Pelosi, Hoyer, Reid, Minimum Wage, Business on December 15th, 2009 by Stanford Matthews

The Obama look (making banks villains)
The excerpt below from President Obama demonstrates the rhetoric does not always mirror performance.

So my main message in today’s meeting was very simple: that America’s banks received extraordinary assistance from American taxpayers to rebuild their industry — and now that they’re back on their feet, we expect an extraordinary commitment from them to help rebuild our economy.

Minus an extensive review of bank failures over time Mr Obama’s comment that banks are ‘back on their feet’ may be premature. A list of failed banks as of this writing from the FDIC lists 142 bank failures since the Messiah took office. If everything that happened on former presidents’ watches are their responsibility then by Mr Obama’s habit of blaming Bush it would be fair to say Obama is responsible for the 142 bank failures. That would suggest his agenda is not changing the rate of bank failures.

Likewise Mr Obama and his crew indicated their agenda would not see unemployment over eight percent. Obviously it has been over ten percent and is currently hovering at that number. That does not include those who are underemployed and may not cover the hopelessly unemployed or those whe have given up the search. Yet Obamanation continues to tout their ability to create jobs and save the economy.

Senate Majority Leader Harry Reid (D-NV) has focused on ramming his so-called health insurance reform down the throats of American taxpayer whether they like it or not. His press release section is short on jobs information but there is some.

Harry likes to claim his ideas are necessary. And economists tell us that if we do nothing, those costs will continue to climb and climb.’ What Harry doesn’t tell you is his ideas will raise the cost of healthcare. Administration’s Own Actuary Says The Dem Bill Increases Health Care Costs.

A second report on the same topic is….

CMS: Reid Bill Raises Health Care Costs $234 Billion. What Harry is really means is: “We Would Do Almost Anything To Pass A Health Care Bill

But good ol’ Harry is on the job for jobs. Washington, D.C.—Senate Majority Leader Harry Reid released the following statement this afternoon after his White House meeting with President Obama to discuss job creation initiatives to spur America’s economy:

“I had a productive meeting with President Obama this morning. The initiatives that he outlined in his speech yesterday and that we discussed this morning will help small businesses grow and hire new staff, invest in transportation and infrastructure, and give incentives to homeowners to make their homes more energy efficient. He has proposed positive, attainable steps to make sure more Americans have a good job to go to every morning.

Get real Harry. And just what hoops does small business have to jump through to get help from the government that usually means tradeoffs and not doing as you would if left to operate freely? Ooh, investing in transportation and infrastructure. Make work, taxpayer funded projects. Sure, Harry, that’s been done before with exactly what you would get now. Temp jobs with no economic upside beyond a temp paycheck for some. Incentives for homeowners is the same game. Give a break to one taxpayer at the expense of other taxpayers. Government does not create anything except more bills. Fondly referred to as deficits and national debt.

Speaker of the House Nancy Pelosi is on Harry’s page. Two press releases echoing the liberal agenda for false economic improvements. Item number one is here. And item nuimber two is here. More debt by use of taxpayer dollars to fund jobs for other taxpayers and those who do not pay taxes.

Today’s meeting is further evidence how focused President Obama and Congress are on taking more action to keep creating jobs. Absolutely! All the King’s horses and all the King’s men couldn’t put the economy back together again. But they all parrot the agenda spin and sound bites.

Fight for effective and limited government. Not the crap the liberals are selling.

Stanford Matthews
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