Posts Tagged ‘Economics’

h1

Apple, shining light of free-market capitalism

January 25, 2010

You can turn off your irony detectors and your sarcasm lights, kids; this one is for real. I’m not joking. Despite having Algore on the board of directors, and Steve Jobs having some very liberal-leaning ideas, Apple, Inc., is one of the best examples of free-market, good-old-American capitalism you can find right now.

Today the first fiscal quarter 2010 results were announced by Apple. All-time high revenue and profit, with a net quarterly profit of $ 3.38 billion; a 33 percent increase in Mac sales over the same quarter a year before; and a 100 percent increase in iPhone sales over the same quarter a year before!

All this during a recession, folks. All this in a very competitive, low-margin business. International sales accounted for 58 percent of the quarter’s revenue, so Apple is successful worldwide.

They do it, of course, by out-innovating the hell out of everyone. Lots of their products say “Made in China, designed by Apple in California.” They design the best products here, then have them manufactured where it is economically advantageous to do so. They maintain the highest quality standards and always score very high in customer satisfaction. Are they the biggest? No. Is Apple a good investment – sure is. Stock price is at an all-time high, and pays consistent dividends.

Innovative, makes people’s lives better and easier, not frustrating to use, and good customer service. And it’s a good investment. What’s not to like?

Two more days until what Steve Jobs called “a major new product that we’re really excited about.”

Advertisements
h1

2009 wrap-up – not what you might think!

December 31, 2009

I’ve seen a number of writers, even in the conservative press, painting a pretty dismal picture of 2009. Granted, Obama has been working hard to turn us into a soft tyranny, with the willing help of Demon-crat congresscritters and the lack of aggressive Republican opposition. The economy has, simply, sucked – a house of cards collapsed and we decided to fix it by piling on more cards, then pouring gasoline on them and setting them aflame. (How’s that for metaphor? Or is it analogy?)

But there is a HUGE bright spot in all of this. If McCain had been elected, we would most likely been sliding the same way, but more slowly, like the frog in the pot of slowly-heating water. We wouldn’t notice so much that things were getting worse. He might have even been pressured to be “moderate” and go to Copenhagen and sign some stupid treaty.

Instead, we see Obama, Reid and Pelosi for who they really are. We see the Demon-crats for their real motives of power and control, their vision of statism. No longer can they say they are doing this for the poor and downtrodden – even the poor and downtrodden don’t want the things they are trying to do.

The “climate change movement” – like a watermelon, green on the outside, but big and red on the inside – has been exposed as well.┬áThe email scandal was a tipping point for an awful lot of Americans, and I hope for many worldwide. The CCM has been exposed as another power grab, another means of “redistributing wealth,” and another way of controlling people’s lives.

We’ve seen the man behind the curtain, at home and abroad. But will we have the courage, the brains and the heart to do something about it?

Happy New Year to everyone!

And prayers and good thoughts go out to Rush Limbaugh, who was hospitalized yesterday in Hawaii with chest pains. I hope it’s nothing serious and Rush will be back out and playing golf tomorrow!

Need something to read? Educate yourself in the new year:

The leading conservative think tank is the Heritage Foundation.

The leading libertarian think tank is the Cato Institute.

Mark Levin’s Liberty and Tyranny is vital to every American’s self-interest, and to the future of the country

Some interesting science fiction that shows how a libertarian country could exist:

Michael Z. Williamson – check out Freehold

L. Neil Smith – check out the “Probability Broach” series – recent is The American Zone

All y’all have a great end of ought-niner…I’ll be back in ‘ten.

What are you lookin' at?

h1

The Axelrod – Soros Connection

September 24, 2009

The American Thinker has a piece about this that can be found here. I still think George Soros was behind the financial market craziness in September 2008, which prompted the financial “crisis” of October 2008. I wouldn’t be surprised if he and his minions were behind the oil price hikes of the summer of 2008. All these set the stage for the Obama Presidency. I can’t find the data on this, but I’ve not had the time to wade through all the nuttiness that surrounds Soros on practically every web page that mentions him.

On the other hand, I don’t think Axelrod is as smart and devious as he gets credit for. Someone would have led him into this…and Soros is perfect.

Scary stuff. It’s like a James Bond movie, or Dr. Evil…but he’s real, he has money, he hates Republicans (especially the Bush family) and he really hates Israel.

h1

This is true…and more people have to say it.

September 3, 2009

“Redistribution of wealth” is just theft. That’s all it is. No amount of sugarcoating it will change that. The State cannot”redistribute” wealth without taking it from its owners and giving it to someone else. Since the State does this without our permission, or at the point of a gun, that is stealing. Plain and simple, folks.

If I want to give the State some of my property – my wealth – voluntarily, then the State may do with it what it chooses. If I do not give up the wealth the State demands of me, I will be jailed and my property confiscated. This is morally wrong. I can’t take my next-door neighbor’s car if I don’t have one. I can’t take somebody’s lunch off their table at McDonald’s. Why can the State take my property?

This is probably the single biggest mistake the early US Government made.

Fees for use – that’s different, if it is voluntary. A fee that is required is not. It’s just another tax. Calling a car license a fee is baloney. It’s a tax. Don’t give me the “you don’t have to drive a car” crap.

h1

“First, we kill all the lawyers…”

June 29, 2009

E-LawyerSharkOK, it’s a paraphrase from the Bard of Avon. And no, I’m not advocating murder, of one or a class of people. Before I explain, I found this on teh interwebs:

“The first thing we do,” said the character in Shakespeare’s Henry VI, is “kill all the lawyers.” Contrary to popular belief, the proposal was not designed to restore sanity to commercial life. Rather, it was intended to eliminate those who might stand in the way of a contemplated revolution — thus underscoring the important role that lawyers can play in society.”

Link

Now let’s look at something like this cap and trade bill, or the Waxman – Markey Bill. 1300 pages at last count. Supposed to protect the environment, force us to “make greener decisions,” stuff like that. Lots ‘o taxes and “incentives,” redistributin’ the wealth. Yours and mine.

I just finished Glenn Beck’s Common Sense. I talked about it in a previous post. Beck’s essential premise is that we need a new revolution, a non-violent, common-sense one in which we turn the bastards out and remake the government in a more reasonable, less controlling image. I found a couple of places where the number 36% was quoted for the number of congresscritters who are lawyers, but those are practicing lawyers, not the number with law degrees. That number, according to this source, is 43%.

To get to the point, one of the ways the Congress makes it more difficult for us to stop them from controlling us is by making bills incredibly complex. The TARP bill, this cap and trade bill – many of the bills passed now by Congress are so long, and so complex, that congresscritters say they can’t read them all the way through. What? It’s your job to read it all the way through!

Maybe this commercial shouldn’t be so far from the truth:

Congressmen were supposed to be representatives of the people. I know the world is a complex place, economics is complex, lots of things are complex. Still, if a bill is too long or too complicated to understand, it’s a bad bill!

My point is that we need to simplify government, and that’s going to take regular people. It will be a new revolution, and lawyers should not stand in the way of it. That’s not “protection,” unless you mean it as in “protection racket.”

Oh, and the cap and trade bill: it’s bad anyway. Go to Heritage.org and find out why.

h1

Rebuttal to all the whiners who say corporate jets are evil! And more!

April 9, 2009
Gulfstream G650 - fastest corporate jet!

Gulfstream G650 - fastest corporate jet!

Both of you who are devoted readers of my little blog know that some days I am truly inspired, but most days my writing is merely pedestrian at best. Here’s a quote from a Letter to the Editor that appeared in the March 30, 2009 edition of Aviation Week and Space Technology. The letter was written by Captain Brian T. Wilson of Atlanta:

“As a shareholder in a number of Fortune 500 companies I know that if they post $ 1 billion in revenue, then hire a management team that doubles that figure without losing profit margin, that means my income from those shares increases…I have no problem with some companies owning corporate jets. A responsibly used corporate jet becomes, to use a military term, a ‘force multiplier’ in that it makes the management team far more productive. Much of the anger about ‘fat cat executives and their toys’ comes from ignorance and wealth envy.”

I agree. It’s not unusual for lawyers, accountants, and other professionals to bill at $ 500 or more per hour…how much is the time of a CEO or other top executive worth? Should they really be standing around at a security line, or waiting for delayed commercial flights?

Of course, it’s also a colossal waste of their time to have the US Congress force them to come to “hearings” just so they can be beaten up on TV by congresscritters who want to score points of their own. The whole thing about the US automaker CEOs using corporate jets to get to Washington being a “poor PR decision” is a bunch of crap…and that idea was promoted by Washington folks and media people who want to capitalize on ignorance and wealth envy.

Anyone over the age of 30 with a bit of sense knows that the most valuable thing we possess is time. We can’t make it, and we need to make the most of every minute we have. I don’t like wasting time in airports, but I have no choice…I guess I could drive, instead, and waste more time. Maybe we all should travel by horseback, since our time is not important. Why are their commercial aircraft? Because people will pay for the ability to not waste time traveling.

Air Force One

Air Force One

How many media people traveled to Europe with the President last week? Did they all go by ship, or by commercial aircraft at least? Of course not. According to this blog by a Reuters photographer, 13 members of the press travel on Air Force One. Why? Is there any reason why any reporters should travel on the President’s plane? And yet, to accommodate their time needs and that of the President, they travel with him.

So some folks are, by virtue of their jobs, “more equal than others.” So a Reuters reporter should travel with the President – on our dime – but the CEO of General Motors can’t use his own company’s jet? Last I looked the US Government is in significantly more debt than General Motors.

Oh, I forgot – they print the money! And Obama says it will be OK! Sorry! (/irony mode off, for the time being)

I sometimes seriously believe the human race is going mad.

h1

Freedom Of The Press Is Next To Go?

April 1, 2009

I drew this from an article in City Journal by Adam D. Thierer. Thierer quotes an article by John Nichols of The Nation and Robert W. McChesney, an essay they did for The Nation. They arge that to “save” journalism, media become an appendage of the state. According to Thierer, in an earlier piece they said, “Our claim is simply that the media system produces vastly less of quality than it would if corporate and commercial pressures were lessened.”

I’ve said for years that liberals – the people that Mark Levin refers to as Statists, to distinguish them from the traditional definition of liberal – want to control, first, last and always. It’s not about people and their needs and wants at all – those are tools for the control the Statists seek. Every Statist government has been totalitarian in most respects, despite the “People’s State of” nameplates that are often bolted on. Can anyone truly believe that the East Germans had more say in their government than those in West Germany?

Since we are picking up speed on the slipperly slope of Statism right now, nationalizing financial institutions, running automobile companies, and madly printing money to dangle in front of those who have been nearly destroyed by government intervention, can the total control of the press be far behind?

Newspapers are failing because the delivery model is becomeing obsolete. Good content will always sell. Competition has made life more difficult for newspapers, many of whom were the only news outlet in the towns in which they operated. Now we should use tax dollars to prop them up, and therefore make them official house organs for the government? Pravda, anyone?