Sunday, September 28, 2008

Heist of the Century

In my opinion, the most egregious act of unethical business practice to be found in the news is the $700 billion dollar bailout. Should this action becom law, it will represent the largest state sanctioned theft in history.
The rules of ethics should apply to all. Form your corner market to the largest financial institutions. You wouldn't back the investment in a business with a record of poor decision making, or bad credit. You wouldn't sell a home to someone with no down payment, bad credit, and no job. Most of all, you don't steal money fom hard working Americans to pay off the crooks/CEO's of companies that are failing because of the actions of those same individuals.
The CEO's and Presidents of these companies are guilty of greed, poor judgement, and unethical, if not outright criminal behaviors.
Of course, in my opinion, the government will overlook the ethics of the issue and allow everything to go on business as usual. The taxpayer is being coerced into going along with the plan out of fear of losing everything.
Ironically, if you took the $700 billion dollars and wrote a check for every American over 21, they would get $1.75 million each. Enough to pay all thier bills, put their kids through college and thoroughly stimulate the economy. If they all paid 10% of the $1.75 million to the government in taxes, it would amount to $35 billion towards the national debt.
By taking this action, the government will be sending the message that if your big enough, unethical business practices will we rewarded. It will create far more long-term problems than it fixes and will go down in history as the biggest boondoggle we evry made.

Saturday, September 20, 2008

Stretching My Wings

So, I posted some stuff in the group forum. That is part of my weekly assignments, as is this blog post. I know this must be hard for some people. I'm lucky I guess, since I get to work 40 hours a week from home on my computer. As a customer service person on the technical help desk for a huge software development company, I get to type a lot.
It makes it easier for me to speak to you in this forum. I must say, it was hard to post in the group forum though. Probably because the stock market is something I don't know a lot about. That's why I took this class!
I am very excited about investing the $1000,000 with Donna. I already set up the Investors Business Daily subscription last week. They have a 4 week free trial going on. That gives me a month to get the money into my debit card account.
The professor says we are going to use Twitter. That's cool, I've been using it for about 6 months. A lot of people use it on their phones too, not me.
Here is a good video on how to set it up:
This is a funny video exaggerating how someone could be obsessed by it. Please forgive the use of the term "Twitter Whore", it's not a dirty or nasty video.

Monday, September 15, 2008

Great Deal

Ultimate Steal Deal!!
Microsoft Office Ultimate 2007 for $59.95



Are you a college or university student?

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Too good to be true? Need more info?
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Access 2007
Accounting Express 2007
Excel 2007
InfoPath 2007
Groove 2007
OneNote 2007
Outlook 2007 with Business Contact Manager
Powerpoint 2007
Publisher 2007
Word 2007


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Microsoft stipulates:
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AND

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Sunday, September 14, 2008

My Adventures In Higher Education

I am taking a class called Dow Jones, Google, and You.
We get to integrate Investing with Web 2.0.
Let's face it, if you aren't adept with computers, you will hardly be able to compete in the marketplace or in the business world.
The kids in the class are very bright. I call them kids, but we have a good mix of people.
Some of them are fresh out of high school, some have seen more of the world than perhaps they wanted to. Some of us are baby boomers.
That is the best thing about my experience at BHCC. The wide range of age, culture, nationality, and ethnicity makes it an interesting place to be.
I'll give you an update after Donna and I kick it off tomorrow. Her and I have teamed up to do our $100,000 investment portfolio.