Bailout of Auto Industry

November 15, 2008

The American Economy is no longer good at substaining industries for the long term.  The short term pressure to satisfy Wall Street every quarter does not allow companies to survive long term in financial crisis.  The auto industry depends heavily in financing for consumers to purchase the cars, and credit to pay suppliers for the cars they manufacture.  In addition the capitalization of the auto industry has been battered by the terrible news of quarter ending results. 

Obama saves industry, Wagoner must go.

Obama saves industry, Wagoner must go.

The long term effect of General Motors collapse could make it more difficult for confidence to return to the American economy. 

Here is the point I want to make.  The American economy is much more diversified than before, and an auto company collapsing is not that hard to absorb.  The U.S. Auto Industry needs to make longer lasting and environmentally friendlier cars.  A bailout is only going to produce more transportation for example F-150 that has a bad starter after 3 months from the date of purchase from a shiny dealer. 
Detroit stop making cars that are not lasting, and perhaps you would find more sympathy from the U.S. Government.


Accumulate money…

July 1, 2008

It is the only way you can get wealthy in this world.  It is one hundred percent effective.  If you accumulate your money you will have more and more of it.  You might not have as much money as Buffet, Slim, or Gates…but you will absolutely have more.


I went to Dairy Queen today, and here is an example on how you accumulate more money.  I wanted the $4.95 smoothie looked tasty.  But I came in for a $1.79 single scoop dipped cone, why would I spend more on the smoothie.  I had the cone, and at the end I had the experience I expected.


Yummy, its fun to be frugal.  Teach your kids, that sometimes what we desire is the best experience at the right price, do not overpay.



An Obama Minute

April 10, 2008

This is proof that we live in a digital world where anything can happen.  The obama minute is proof that we can accomplish anything online because of the low transactional costs it incurs.

Solar Power’s New Megaplants a new bubble is here…

April 1, 2008

I call it the clean tech industry to keep it simple. Others might call it Blossoming on the Edge as the Pacific Art Collective green art show that is taking forever to become a reality. This is a great article I found on the Foreign Policy site. I believe the next great bubble will be on clean tech, and yes you can borrow on your house to get in this sectors hot IPO’s…but lets thank Visa for changing the mood on the market.

Need a to get out of your house into an apt #?

March 29, 2008

Genius. I love it when I see this type of innovation and implementation.  Now an apartment like this is easy to this apartment is easy to find

What is up with this housing crisis?

March 18, 2008 Financial Times interactive does the best so far in explaining what this recession in the United States is all about, narrated by Gillian Tett.

Starbucks add free wifi to foamy latte…

February 14, 2008

Now you are welcome to use your iphone while in line, and ordering your cappuccino non fat extra hot.

So retail sales are up 0.3%…

February 13, 2008

To be honest with you, I am not surprised.  With these interest rate cuts, many new credit opportunities have opened up for more retail purchases, for example 0% rates on credit cards for 12 months.  This causes people to consume more, but it is a short term gain.  Unless we start seeing true growth in the mobile industry’s advertising platform+hiring more people, or clean tech starts to really take off not just headlines about it…This slowdown should continue.

Barack Obama is supported by the business community

February 13, 2008

I am voting for Barack Obama period.

There Will Be Blood

January 16, 2008

Business 101. Leadership in business requires flexibility in the assertive personality that leaders posses.

The study of the character by Daniel Day Lewis and P.T. Anderson is a masterpiece for all young business minds out there from Harvard Business School to Santa Monica College. It’s a must see, since what? Wall Street.

People who are driven to success do not like people.

They only deal with people because they have to in order to make money. Do not be confused by characters out there in your real world who seem to like people, and they are also drivers to achieve. Achievers are fighters and they will bite you in the face if it means getting to the achievement in the most efficient way possible. They will bend backwards, accept god, whatever means necessary to get what they want from you. They are accepted socially by their achievement, not by the goodness of feelings they bring to each one of your homes.

Perhaps this weblog is a short study of my mind, but There Will Be Blood is an excellent lesson in business 101. This is not a movie review, this forethought on what it takes to make it big in business, go see the movie. Snakes!

P.S. Don’t pay for a ticket, manage a way to see it for free! Remember in order to have money you need to accumulate it.