Hey John,
Looks like the natural forces of a free economy is creating balance - unlike the governments attempt.
Bill Carver
I've always said if USA is the best place to make it, then do so. The world is changing fast, and Bill has spotted an article that gives a snapshot.
Friday, June 13, 2008
Bill Carver Spots News You Need
Thursday, June 12, 2008
Good For Business
The rule of law is critical to prosperity, and it took a while, but the US Supreme Court has rejected Bush Administration lawlessness.
Justice Anthony Kennedy said: "The laws and constitution are designed to survive, and remain in force, in extraordinary times."
Tuesday, June 10, 2008
Honey, Where Did You Park the 727?
If somebody doesn't claim a Boeing 727 left at Hanoi Airport pretty soon, the Vietnamese are going to sell if for scrap.
Compete On Design - Antiques
Click oon the picture for a closer view...
If you look closely - you'll see this company specializes in custom-made antiques. Big business there, what?
Entrepreneurs
An entrepreneur is one who finds customers for a solution to a problem, then does the hard work of producing the solution, working with savings (capital) and the excess production capacity of the best producer in the world. The motivation is the opportunity to work in a field you love, taxing all of your human talents to serve others, doing good while doing well. The work becomes the lifestyle.
The entrepreneur always innovates, never copies. An entrepreneur may sell hats, but not the same hats as anyone else. At worst, an entrepreneur may be inspired to improve upon a less viable option presently in the market.
The product the entrepreneur introduces is ever perfected and accessorized, for there is no solution that cannot be improved upon, and eventually, as some innovations become commoditized, the innovators' products are taken by the conservators who apply their economies of scale in production, finance and distribution to make the innovators' original product available to an ever wider market through a lower price.
Thus the innovators introduces the good and true and beautiful, and the conservators makes it more better cheaper faster.
Monday, June 9, 2008
Mickey D's Sales Soar
The article does not mention coffee, but it must of played a part... independent coffee houses ought cheer McD's effort... McD is exploiting Starbuck's charging too much to do too much for their customers.
Sunday, June 8, 2008
Pensions and Tontines
Folks,
The reason I keep an eye on pensions is long ago I read a scholarly article on the causes of the French Revolution, a most dreadful affair, in which I was introduced to the term "tontine." In a tontine, a group of people will agree to make regular contributions of money to a fund (which is in turn lent out by bankers for a return), and if you die you lose your contributions (at that point, you do not need them). If you live to an old age, beyond the others, you have money for your old age. If say 4 sixty year old survivors of an original group of 20 unanimously agree to liquidate the tontine for their immediate benefit, they may do so. Tontines are as flexible as letters of credit. Tontines were a good example of free market insurance.
Of course, in time, governments ruined this. Specifically, French kings borrowed all the money for luxuries and wars, and could not pay it back. This theft was the proximate cause of the French Revolution.
In 1982, during the Master Contract Agreement with the Longshoremen in San Francisco, the issue of "unfunded pension liability" was the one strike issue. (Meaning the union would shut down the coast if their demands were no met.) The Longshoremen got theirs, Jack.
So as I watch our government ruin our savings, borrow money from China to make war in the middle east, and play shell games moving wealth to thieves and impoverishing the industrious, I worry.
The solution is savings and industry, but there is a war on both by government here in USA. The war in the middle east is fake, a distraction. The real war is right here in USA, a struggle to restore commerce and industry here. Happily the vast majority of soldiers in the middle east are eager to come home, as are the middle easterners eager to see them leave. Of course this struggle here is necessarily a nonviolent struggle, a matter of speaking truth to power, a matter of just starting a business, in spite of the challenges you'll experience if an when you do.
In this time and place in history there is nothing more effective in establishing peace and prosperity than starting a business.
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