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thinkahol *

Why "business needs certainty" is destructive - Glenn Greenwald - Salon.com - 0 views

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    Businesses have had at least 25 to 30 years near complete certainty -- certainty that they will pay lower and lower taxes, that they' will face less and less regulation, that they can outsource to their hearts' content (which when it does produce savings, comes at a loss of control, increased business system rigidity, and loss of critical know how). They have also been certain that unions will be weak to powerless, that states and municipalities will give them huge subsidies to relocate, that boards of directors will put top executives on the up escalator for more and more compensation because director pay benefits from this cozy collusion, that the financial markets will always look to short term earnings no matter how dodgy the accounting, that the accounting firms will provide plenty of cover, that the SEC will never investigate anything more serious than insider trading (Enron being the exception that proved the rule). So this haranguing about certainty simply reveals how warped big commerce has become in the US. Top management of supposedly capitalist enterprises want a high degree of certainty in their own profits and pay. Rather than earn their returns the old fashioned way, by serving customers well, by innovating, by expanding into new markets, their 'certainty' amounts to being paid handsomely for doing things that carry no risk. But since risk and uncertainty are inherent to the human condition, what they instead have engaged in is a massive scheme of risk transfer, of increasing rewards to themselves to the long term detriment of their enterprises and ultimately society as a whole.
Susan Thur

Louisianans bleed Together, Louisianans suffer Together, Louisianans survive ... - 0 views

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    Another tragedy is unfolding. Another One!, I scream irately and angrily to the heavens. How can this be? How unfair and how are we going to, now, survive this, I desperately ask. I know here in New Orleans, where I now live (Crowley, Cajun country originally) we have had our share of hardship and difficulties. Many of us frighten, despaired and overwhelmed what we experienced nearing 5 years ago. Hurricane Katrina's anniversary is in August. And Hurricane Rita gust in without much delay, giving Louisiana no break or rest. It seems barley enough time to catch our breath, even though we sweat it out every hurricane season since. The experience of the "big one" has left many of us edgy, anxious and nervous. It has been a challenge for us all. Now here is once more another challenge. The oil spill in the gulf that threatens our, ecosystem, shoreline and seafood industries. For many of us, our distress are concentrated on our wetlands which have become more defenseless by Hurricane Katrina and Rita. I recognize I have. For us to undergo another "big one" our coast is the first line of defense to our survival. Ever since these potential, massive hurricanes, my intense coastal and wetland focus has been like a laser, zeroing on which is most important for Southern Louisiana's continued existence. However, the health and wellbeing for our future lies right now with-- us-- which are our local oil field experts and workers. The men on these oil rigs, the ones that will--and I have confidence--will plug the blowout and stop the damage--the bleeding--they are US. They are family and friends, mutual Louisiana citizens, who are well aware how important their job is, for us as well as for themselves and their family. Much is at stake to our livelihood, our environment and our way of life. more:
thinkahol *

Glenn Greenwald: With Liberty and Justice for Some | Dylan Ratigan - 0 views

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    How did America come to accept having two classes of citizens?  When did America give up on the dream of fairness for all? Last night after the television show, I got the chance to sit down with Glenn Greenwald to discuss his new book, With Liberty and Justice for Some: How the Law is Used to Destroy Equality and Protect the Powerful. Unfairness in America is nothing new.  In fact, it is perfectly acceptable in this culture for us to admire those who we see as becoming successful and powerful by creating value.  At the same time, Americans accept unfairness with one explicit caveat: that each of us has the chance to be one of those people - that each of us has the opportunity to become successful. What Americans are rejecting now is not wealth disparity, but the corrupt and unethical way so much of the money in this country is now being made, with our government, more often than not, simply looking the other way. Well, Americans are saying "no more" to our government explicitly agreeing to legalize and codify that destructive behavior, protecting powerful political and financial elites while prosecuting ordinary Americans over trivial offenses. We are beginning to see a rejection of this unfairness at Occupy Wall Street and other national reform-based movements.  
Arabica Robusta

Responsible consumerism | Manila Bulletin - 0 views

  • The multinational manufacturing giants were trying to cope with changes in technology and demographics which threatened to make them obsolete. Top managements in publicly owned US companies, regardless of size and performance, cowered under the threat of the corporate raider and his ultimate weapon, the junk bond.
  • Corporate capitalism promised that the large corporation would be run in the interests of the greater number of stakeholders. Instead, it was being pushed into a subordinate role – away from its market standing, its technology, and its basic wealth-producing capacity and into immediate earnings and next week’s stock price. A Marxist would call this turn of events “speculator’s capitalism.”
  • Meantime, Bill Gates has come up with a solution as to how billions of dollars generated through capitalism can help people in the poor nations which the world has forgotten. He termed it creative capitalism. He believed that some corporations have identified brand-new markets among the poor for life-changing technologies like cell phones. Others have seen how they can do good and do well at the same time.
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  • social entrepreneurs are starting companies rather than non-profit organizations, to capitalize on public benefit. To top it all, some of these entrepreneurs choose a new corporate structure that requires enterprises to build into their foundation strong social and environmental standards for their operations.
  • Corporate America has discovered that social responsibility attracts investment capital as well as customer loyalty, creating a virtuous cycle. Companies are now talking about a triple bottom line – profit, planet, and people – that focuses on how to run a business while trying to improve environmental and working conditions. Some companies have embraced the new ethos.
  • Through Bono’s persistence, the (RED) campaign was launched and today Gap, Hallmark, and Dell, among others, sell (RED)-branded products and donate a portion of their profits to fight AIDS.
  • None of this could have happened without consumer demand. In a survey conducted, half of Americans polled said that protecting the environment should be given priority over economic growth – to think that the survey was done amidst a recession and unprecedented record unemployment. Consumers are doing their own calculations and they would prefer comparatively more expensive cars that get better gas mileage, will save them money in the long run, and make them feel good in the process. Walmart, once the poster child of ruthlessness, a retailer whose business in the past was to undercut all its competitors, has resolved to change its way of doing business for the sake of the future of the planet.
  • These days, some companies are cutting back on their philanthropy but not on their Corporate Social Responsibility initiatives
    • Arabica Robusta
       
      How true is this? There are many examples (e.g. BP) of corporations cutting back on CSR.
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    "Capitalism has evolved in at least three different forms: corporate capitalism, speculator's capitalism, and, most recently, creative capitalism."
Henry Jaxx

Learn It From The Expert - 1 views

I used to be very shy both in school and among my peers. But when I started working, I was forced to get out of my shell due to the nature of my job. I was even asked to deliver short speeches duri...

started by Henry Jaxx on 21 Nov 12 no follow-up yet
thinkahol *

Over 56 Million Americans Live in Poverty - How Census Bureau Propaganda Ignores the Su... - 0 views

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    Here we go again. The government and corporate media are pumping out more propaganda on vital economic statistics to mask the severity of our economic crisis. Deceptive unemployment, GDP, inflation and poverty measures are easily exposed with some research and a closer look at the data. The latest deception comes from the Census Bureau in their annual poverty report, which is now uncritically being "reported" on throughout the corporate media and echoing throughout online news outlets as well. The new Census data reveals that a stunning 46.2 million Americans, 15.1% of the population, lived in poverty in 2010. This is an increase of 2.6 million people since 2009. While these are staggering statistics that represent the highest number of American people to ever live in poverty, and a dramatic year-over-year increase, it significantly undercounts the total. The Census Bureau poverty rate is a highly flawed measurement that uses outdated methodology. The Census measures poverty based on costs of living metrics established in 1955 - 56 years ago. They ignore many key factors, such as the increased costs of medical care, child care, education, transportation, and many other basic expenses. They also don't factor geographically-based costs of living. For example, try finding a place to live in New York that costs the same as a place in Florida. A much more accurate measurement of poverty, which factors in these vital cost of living variables, comes from the National Academy of Sciences (NAS). Unlike the Census poverty measure, which gets significant coverage throughout the corporate media, the NAS measurement gets little, if any, mainstream media coverage.
Susan Thur

Paul Starobin - Don't expect Obama to be Superman - 0 views

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    Why can't President Obama stop the oil spill in the Gulf of Mexico? Why can't he get the Israelis and Palestinians to stop squabbling and make peace? Why can't he get the Europeans to contribute more troops to fight the Taliban in Afghanistan? Why can't he forge a global treaty to reduce the emission of greenhouse gases? Why can't he . . . well, you get the point. Obama, it turns out, is not Superman.
Arabica Robusta

Oil City: Where are the Jobs, pt. 2 | Pipe(line)Dreams - 0 views

  • There should be a direct relationship between recognized training centers and oil company human resources departments. There isn’t. Basically, people are on their own; it’s not like they can go down to the local jobs office and get advice.  In a country with extremely high levels of unemployment and a huge “419″ internet scamming problem (sorry, Ghana, but it appears you have caught up with Nigeria and Cameroon on this front), potential victims are everywhere.
  • Both Tullow Oil and Kosmos Energy have posted scam alerts on their websites. Here’s the warning from Kosmos: NOTE: POTENTIAL RECRUITMENT FRAUD Kosmos Energy has learned that job applicants in the international oil and gas business, as well as other industry sectors, may be contacted by individuals or organizations that offer false employment opportunities. These communications are often via email and may request personal information or money. Kosmos only makes job offers after candidates have completed a formal interview process and does not ask applicants to pay fees during recruitment. Specifically, please note that any communications from or about the “Kosmos Group” are not associated with Kosmos Energy. This is good, but I don’t know how useful these alerts are. There are a lot of people in Takoradi who don’t have internet access. And even when you get to the Tullow or Kosmos websites, it’s not easy to get information.
  • “We are committed to providing Ghanaian suppliers with full and fair opportunities, providing short and long-term support to help local suppliers to achieve contract pre-qualification. To date 700 local contracts have been awarded by Tullow, including procuring 100% of IT equipment and services in Ghana.” I’m looking forward to having the opportunity to find out more about these 700 contracts when I interview Tullow officials.
Printing Ray

Fame of Customized Bumper stickers | Please like my squidoo lens - 0 views

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    Nowadays, bumper sticker is one of the most common ways for the community to spread their message, express thoughts, beliefs, likes and dislikes. It's an outstanding significance of bargaining at the shows, marketplace and other promotional behavior. They not only get your company name in front of your would-be clients effortlessly and efficiently, but they do it economically as well.
anonymous

(Marketing Drugs With Sexy Sales Persons) CorpWatch : US: Gimme an Rx! Cheerleaders Pep... - 0 views

  • Still, women have an advantage with male doctors
  • a book lampooning the industry, "Hard Sell: The Evolution of a Viagra Salesman."
  • Stories abound about doctors who mistook a sales pitch as an invitation to more. A doctor in Washington pleaded guilty to assault last year and gave up his license after forcibly kissing a saleswoman on the lips.
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  • "Exaggerated motions, exaggerated smiles, exaggerated enthusiasm - they learn those things, and they can get people to do what they want."
  • one saleswoman said she had been encouraged to exploit a personal relationship with a doctor to increase sales in her Montgomery, Ala., territory.
  • One informal survey, conducted by a urologist in Pittsburgh, Dr. James J. McCague, found that 12 of 13 medical saleswomen said they had been sexually harassed by physicians.
  • Ms. Napier, 26, was a star cheerleader on the national-champion University of Kentucky squad, which has been a springboard for many careers in pharmaceutical sales.
  • While there are no statistics on how many drug representatives are former or current cheerleaders, demand for them led to the formation of an employment firm, Spirited Sales Leaders, in Memphis. It maintains a database of thousands of potential candidates.
  • "The cheerleaders now are the top people in universities; these are really capable and high-profile people,"
  • "I've had people who are going right out, maybe they've been out of school for a year, and get a car and make up to $50,000, $60,000 with bonuses, if they do well."
  • Approximately two dozen Kentucky cheerleaders, mostly women but a few men, have become drug reps in recent years.
  • Anyone who has seen the parade of sales representatives through a doctor's waiting room has probably noticed that they are frequently female and invariably good looking.
  • Some industry critics view wholesomely sexy drug representatives as a variation on the seductive inducements like dinners, golf outings and speaking fees that pharmaceutical companies have dangled to sway doctors to their brands.
  • But now that federal crackdowns and the industry's self-policing have curtailed those gifts, simple one-on-one human rapport
  • has become more important
  • Many doctors say they privately joke about the appearance of saleswomen who come to their offices. Currently making the e-mail rounds is an anonymous parody of an X-rated "diary" of a cheerleader-turned-drug-saleswoman.
  • Federal law bans employment discrimination based on factors like race and gender, but it omits appearance from the list.
  • "There's a saying that you'll never meet an ugly drug rep,"
  • But that might be changing, he said, citing a recent ruling by the California Supreme Court, which agreed to hear an employment lawsuit brought by a former L'Oreal manager who ignored a supervisor's order to fire a cosmetics saleswoman and hire someone more attractive.
  • "Generally, discriminating in favor of attractive people is not against the law in the United States,"
Aline Ohannessian

The Time is NOW! | Soul's Talking Brain - 0 views

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    The Time is NOW! Manifesting our intended reality, in LOVE's Light for the Benefit of ALL IS happening in this HERE & NOW!! YOU DO make a
anonymous

AFP: Panasonic to fly home workers' families over bird flu fears - 0 views

  • Panasonic to fly home workers' families over bird flu fears
  • Panasonic Corp. has ordered Japanese employees in some foreign countries to send their families home to Japan in preparation for a possible bird flu pandemic, a spokesman said Tuesday.Family members of Japanese employees in parts of Asia, the Middle East, Africa, Russia, former Soviet states and Latin America will fly back to Japan by the end of September, Panasonic spokesman Akira Kadota said.The firm decided to take the rare measure "well ahead of possible confusion at the outbreak of a global pandemic," he said.
  • Eight people have contracted the H5N1 bird flu virus in China alone this year -- five of whom died."The bird flu cases reported so far are infections from bird to human, but once an infection between human beings is reported, things can get chaotic with many other companies trying to bring back their employees," Kadota said."We wanted to take action early before it gets difficult to book flight tickets," he said.
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  • The H5N1 strain of the virus that is most dangerous to humans first emerged in Asia in 2003 and has since caused nearly 250 deaths, according to World Health Organisation figures.Bird flu, or avian influenza, kills mainly birds but scientists fear it could mutate to jump from human to human, sparking a global pandemic.Panasonic said last week it was cutting 15,000 jobs and closing dozens of plants worldwide as it braces to fall deep in the red due to the global economic crisis.
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