Category: Business

AIG Executives Say They’ll Quit »

The New York Times has a Reuters report that five AIG executives wrote letters on December 1 stating they may quit if their salary and bonuses are cut.The senior executives at American International Group told the insurer last week they may quit if their compensation was cut significantly by the U.S. pay czar, the Wall Street Journal reported on Sunday. I think this would fall under the auspices of that grand old southern phrase, “Well bless their hearts.”

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Broken Wrist a Pre-existing Condition »

Today’s stupid health insurance company tricks includes one lady’s experience of having her insurance company deny paying for the treatment of her broken wrist because it was a “pre-existing condition,” my experience with having denial codes that even the insurance company can’t explain, and the writings of some conservatives who say we can’t reform heath care insurance because it would make a more decent society and let us enjoy more leisure time.

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CineBistro in Hyde Park »

CineBistro is a concept created by Cobb Theaters. Each features an upscale, yet inviting and comfortable atmosphere in which to dine while watching a major motion picture. It was, for us, a pleasant experience, but I think to do the whole thing (dinner and movie), the cost is a bit high. We’ll see how well the concept can catch on. Lay thinks they won’t make it. I think they might.

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Billionaire Insurance CEO’s – $102k per hour salaries »

Ed Schultz of The Ed Show interviews Robert Greenwald about an investigative report on the CEO of United Health Care Group. Turns out the guy is making about $102,000 per hour. At one point a few years ago his salary alone accounted for $1 in every $700 spent on healthcare in America. The fact is, in this country we have always recognized that some things are not best left to the marketplace.

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Bill Moyers Explains Money, Politics and Healthcare Reform »

As is so often the case, Bill Moyers does another outstanding job of pointing out the differences in how healthcare is viewed. I continued to be amazed at the absolute stupidity of people who can’t understand that their version of “free market” healthcare is not, and will not work. In the free-market, companies are out to make a profit. They don’t make a profit by paying for your care.

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Single Payer Health Care-The Only Option »

Leave it to Bill Moyers to be the voice of sanity in an otherwise insane discussion about healthcare reform. A recent report showing the majority of bankruptcies in America are healthcare related (and most of those people have healthcare insurance) should be causing Americans to demand that our Congress Critters take a serious look at single payer as the only real way to reform healthcare.

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Gotta Love Chuck Schumer »

Chuck Schumer is calling bullshit on these Republican Governors who are grandstanding on the stimulus bill. According to Talking Points Memo Schumer has written a letter to the White House saying the stimulus bill does not include any provision allowing Governors to pick and choose which parts of the stimulus money they want to take. Schumer is telling the Administration to tell the governors that it’s all-or-nothing.

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Diebold in Deal With Wal-Mart? »

The Raw Story is reporting that some bloggers have been checking out the telephone and address listings for the many offices Diebold is claiming to have around the country. It turns out that most of them have phones numbers that go unanswered and the listed addresses turn out to be Wal-Mart or Sam’s club addresses.

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Hope Daschled? »

OK, I couldn’t resist that one. But the real question is…does anyone in Washington bother to pay their taxes? Having just filed mine, and seeing just how much I paid, this all sets me back on my heels a bit. Apparently even the guy picked to head the Treasury Dept. (including the IRS) has problems being clear about the tax code.

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So Much for Republican Bipartisanship »

That didn’t take long. John McCain is on TV this weekend saying he won’t vote for the stimulus package. Other leading Republicans are complaining about the package not having enough tax cuts…blah, blah, blah. Of course they’re also on all the Sunday morning talk shows complaining about the dangers of closing the Guantanamo Bay prison, and prattling on with the lies about all the released prisoners “returning” to the battlefield. The Republicans seem to have always thought that bipartisanship means that everyone must agree with them. For some reason, the spineless Democratic leaders in the House and Senate have gone along with the bullies, thinking somehow the Repubs won’t be so mean to them, if they just give them everything they want. I’m hoping that Obama is going to demand that Pelosi and Reid grow a spine. It sounds like maybe he has one. It’s been reported that Obama, during a White House meeting with Congressional leaders last week, said matter of factly, “I won.”

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A Visit to North Carolina »

No blogging or politics last week, as I was on the road from Monday to Friday. I drove up North Carolina because we had a business meeting in Burlington Wednesday, and then I took two days off, visited Mom and drove home. It was actually a pleasant week. i also took some photos around Kings Mountain and Shelby.

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Clean Team Supervisor Charged With Littering »

Harry Blivins, at 37, is an industrious guy. Harry is a supervisor with Tampa Downtown Partnership’s Clean team. This is Tampa initiative to keep the downtown clean. Harry also has a lawn service he operates on the side. Unfortunately, he got a little over-ambitious in his efforts to keep Tampa clean.

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Toronto Travel Travails »

I know, I have not been posting much lately. Once again, work has been extremely busy with some travel thrown in for good measure. Since my work involves a lot of writing, by the time I have time to write here, I’m just too wrung out to carry on. I do have some things percolating in my mind that I want to get set down here, so I’ll to get more posted this evening, and I do owe you a few movie reviews. I guess the biggest story though is my first trip outside the U.S. You got it, I’m 49, and just now have crossed the border. I went to Toronto on business, and must say, I was impressed with the little I got to experience of the city. As is so often the case though, air travel chaos accompanied me as I headed home last Wednesday (and then into Thursday).

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Just So You Know-I Brought Down Wall Street »

Why am I not surprised to learn that the krazy kristian kooks are now blaming gay people for the financial crisis affecting America. Never mind that their usual rant is that Gay’s don’t need job protections because we have all the disposable income. We used it, I guess, to wreck havoc in the world financial markets.

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Canned Goods and Ammo »

I’ve been joking with a co-worker this afternoon that, given what happened today with the economic bailout package, and Wall Street’s reaction, we need to get to the grocery store to buy canned goods and ammo. Unfortunately, that may not be too far from reality. Most of the Republicans, and enough Democrats voted against the bail out plan that it failed and the Dow Jones Industrial Average nose-dived over 777 points. That’s the largest one day drop ever.

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The Free Marketeers and Cardinal Richelieu »

Today, while running an errand, I passed a sight which gave me some pause. I’m not sure why I noticed, and I’m not sure why I am drawing the assumptions I’m drawing, but I’ll tell the story anyway. Some years back, to make ends meet, I worked a part time job for a lot of years. For several of those years, I sold shoes at a Florsheim shoe store right in the main corner of the largest mall in Greensboro, NC. To pass the time when we were slow, I would often pick out someone walking by, and just based on what I could see, I’d make up the person’s current life situation. If that person came in the store, and any sort of chat developed, I was often astounded by how accurate my story had been, and so, from that perspective, I tell another story. I have no clue how accurate it is, but it illustrates a point about the recent economic downturn.

We were driving up Dale Mabry Highway, the main north-south road here in Tampa. Walking north (going south would eventually run you into the water of the bay) was two men. One of them was maybe near my age in his late 40s or early 50s. The other person was a bit younger, probably in his late 20s. (I don’t think they were related.) They both had backpacks and were carrying more bags by hand. They had the look of people moving on to somewhere else taking along just what they could carry. I didn’t get the idea from their appearance they had been homeless.

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Closing and Layoffs-Fundamentals Are Fine »

If, like John McCain, I had a wife worth $100 million dollars, I guess, like him, I too would probably think the economy was just fine. I don’t have a significant other that is worth that, in fact, he like me, probably has negative net worth. Based on what I’m seeing around here with a lot of closings, the evidence is pretty strong that we’re into a major slowdown.

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Storing Languages Forever »

As a records manager by trade (and having worked in the government sector for a bit), I have had to learn a thing or two about preservation. An article concerning the use some special eye readable technologies to store thousands of pages in a durable media to last thousands caught my eye, and I found it to be fascinating project. The Long Now Foundation has undertaken a project to try to preserve language for 1,000- 10,000 years, and has come up with a cool way to do that. It’s called a Rosetta Disk.

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Upgrading to Office 2007? »

I seem to be doing lots of upgrading lately. I’ve been having an issue for some time now with my Outlook crashing several times each day, and often taking multiple attempts to restart it. In some cases, it will even break the connection to the pst file, and I’ll have to restart the computer. I’ve tried everything without success, so I’m now considering an upgrade to Office 2007.

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A Little Fun After Work »

You won’t usually find references to work on here (other than comments about work related travel or the workload), but last week we trained a new salesperson here in Florida, so everyone came into Tampa. One of our guys here owns a sailboat, so we all went out the evening between the two days. Here’s the video.

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