Tuesday, September 16, 2014

Budweiser is pissed with NFL.....

You can’t watch an NFL football game (over the last 30 years) without seeing a Budweiser Commercial.
Budweiser and the NFL go hand in hand.
$200,000,000.00 in sponsorship of NFL games per year.

Right now Budweiser is not happy with all the Unconscious girlfriends, and beaten 4 year olds.
So while bruised pictures (of a whipped and beaten 4 year old) might not impress Roger Goodell…..When Budweiser slams their fist on the table top, and asks what the hell is going on around here…..You bet your sweet ass Roger Goodells head will whip around to see what just happened.
Budweiser being pissed will be measured on the ricter scale, that is for sure.
The only thing the NFL notices is $$$$$$$. If beating your 4 year old affects the $$$$$$ coming in, then change will come.
If beating your 4 year old doesn’t affect the $$$$$$ then everyone has a green light to continue beating.
I think in the NFL corporate offices right now they are passing around the TUMS.

Adrian Peterson is going to Play this weekend why?

On August 28th Roger Goodell stood in front of the gathered media and admitted he made a mistake. He didn’t take seriously (enough) a woman getting punch unconscious in an elevator. He said he and his league would do better.
Now 3 weeks later he has a chance to do better…...but will he.
If he does (do better) it means he will take the best running back in the NFL and sit him down for beating his 4 year old child.
The Minnesota Vikings did sit Adrian Peterson for one game. They hoped that would be enough to shut everyone up. They hoped the media would nod in approval and move onto other things.
Yesterday they reinstated Peterson and he is expected to play this Sunday. Their excuse is the legal process needs to be completed before more NFL punishment is administered.
But why?
There is no dispute Adrian Peterson beat his 4 year old with a tree branch. He has admitted he did it. The discrepancy is whether beating a 4 year old (with a tree branch) is an acceptable punishment, or a crime.
The 4 year olds mother looked at the bruises on the boys, arms, legs, butt, and decided he needed to go to a doctor.
The doctor looked at the 4 olds injuries and decided Child Protective Services needed to be called.
Child protective services looked at the injuries and decided the Police Department needed to be called.
The Police department looked at the injuries and decided the Prosecutor needed to be notified.
The prosecutor looked at the injuries and decided a Grand Jury needed to be formed.
The Grand Jury looked at the injuries and decided an indictment was in order.
Everyone who has looked at this beaten 4 year old concluded the exact same thing. Everyone except the Minnesota Vikings and Roger Goodell that is.
The whole world watched Roger on August 28th promise to do the right thing. The whole world is Watching Roger today and waiting for it to happen.

Tuesday, September 9, 2014

Home Depots Outsourcing Debacle....Hope you are not mad.

Home Depot is investigating what could be the biggest data breach EVER. Bigger then the Target debacle from last year.
Possibly 60 million customers affected. If you bought anything on a credit or debit card in the last year congrats….You personal information could be at risk.
To understand why this happens just read the article from 2011. Tells you everything you need to know.
Save money by outsourcing overseas because it always ends great. Americans lose jobs…..Fantastic! Consumers have all their personal information put at jeopardy. Yay!!!!
But hey….That is a small price to pay for Home Depot to save money. Hope that fertilizer was worth it.
Anytime there is a National debacle just follow the outsourcing.
Now, U.S. firms are quietly moving high-paying accounting, finance and human resource jobs offshore.
American companies have slashed 2.9 million jobs in the United States. At the same time, they have created 2.4 million jobs for people overseas.
Home Depot has laid off thousands of workers, including hundreds at its worldwide corporate headquarters in Vinings in Cobb County. At the same time, it's hiring hundreds of workers thousands of miles away.
Federal Labor Department records show Home Depot has moved jobs from Vinings to India.
Companies usually keep outsourcing details a secret, but two Home Depot executives taped a testimonial posted online for the outsourcing company in India now is handling some of their accounting functions.
On the testimonial, one executive said, "Really what I was looking for was the same thing at less cost."
Another executive appeared to claim that workers offshore are more competent, saying, "They manage our processes much better. They do the processes better than we would have ever done them here."
Home Depot declined a Channel 2 Action News request for an interview.
"I think Georgians who go to Home Depot to purchase materials would be offended to know that Home Depot is sending jobs to India and laying off people in Vinings," said State Sen. Nan Orock.
Not only are jobs going overseas, so is personal financial information. Atlanta-based Equifax is routing calls and credit files to an overseas contractor in places like Jamaica, Costa Rica

Wednesday, September 3, 2014

Miller Lites White Can.......

The power of marketing.
Miller Lite went back to their old white can and sales went up. People thought Miller Lite actually improved their product. People thought the beer even tasted better. In fact it is the same crappy beer it has always been….Just in a white can. No matter, people like it and are buying it….. so the White can will remain.
A few years ago Tropicana Orange Juice replaced their iconic Orange with a straw poked outinto it with a different look. The result was outrage and sales of Tropicana plummeted. This caused the quick return of the orange with the straw poked out the side.
The take away here is that the product means nothing. But your packaging better be right.

Yahoo....Still Stupid.....

Mayer has already told investors that Yahoo is likely to share at least half of the proceeds from what it sells in Alibaba with shareholders. That's probably going to be in the form of a share buyback as opposed to a dividend. (Wall Street likes buybacks because they reduce the number of shares outstanding and increase earnings per share in the process.)

So Yahoo is going to sell stock to raise money.  Then they are going to take the money they raised (from selling the stock) and use it to buy back their stock……..

Sure….Why not.

I am going to go to the store and buy a loaf of bread.  Then I am going to go to the return desk and get my money back.  Makes about as much sense.


Atlantic City Dying Before Your Eyes......

Atlantic City is dying right before our eyes.

The Atlantic Club Casino Hotel closed in January. The Showboat Casino closed yesterday. The Revel Casino also closed yesterday. The Trump Casino will be closing Sept 16th. 

Donald Trump will tell you all about how his name is gold. Yet when a Casino (with his name on it) fails he wants to get his name off the failure as quickly as possible. That is why he is currently suing to have it removed.

Between the Revel and the Showboat 5000 people lost their jobs yesterday alone.

http://www.washingtonpost.com/news/post-nation/wp/2014/09/02/atlantic-citys-decline-continues-as-revel-showboat-close-up-shop/

In 2012 the Revel opened to lots of fanfare. It was going to be the great savior of Atlantic City. The great leader of New Jersey (and hopeful presidential candidate) couldn’t say enough great things about the Revel. Here you can watch Chris Christies magnificent leadership in action.https://www.youtube.com/watch?v=on8hlpnkkAs

Whenever one of these giant monstrosities open (and there are lots of cameras and reporters) politicians love to stand out front and take credit. The Revel cost a cool 2.4 Billion but it was going to be worth every penny. Two years later…..Eh…Nevermind.

When these things close the politicians are usually nowhere to be found. Nobody wants to take credit for the failures…..But please vote for Chris Christie in 2016. He is a true leader.

Tuesday, September 2, 2014

Fast Food Worker Strike.....

This Thursday fast food workers are going to walk off the job in their quest for a $15.00 minumum wage.
Currently, the median pay for fast-food workers is just over $9 an hour, or about $18,500 a year. That's roughly $4,500 lower than the Census Bureau's poverty threshold level of $23,000 for a family of four.
Thursday's action would come more than a month after the National Labor Relations Board's general counsel ruled that McDonald's is a joint employer that exerts substantial power over working conditions at its franchisees.
The ruling, if upheld, means McDonald's could be held liable for labor violations at its more than 12,000 franchisee-owned restaurants.
McDonald's has contended that franchisees operate as independent businesses and that, therefore, it's not liable.
In March, McDonald's workers filed seven class-action lawsuits in New York, California and Michigan over wage theft violations.
The suits allege that McDonald's has forced employees to work off the clock, not paid them overtime and struck hours off their time cards.
McDonald's did not respond to a request for comment on the status of the class action suits or the preliminary ruling by the National Labor Relations Board.
See in the old days, when Corporate America hired Americans, the people who worked at Mcdonalds were high school kids.
Once corporations made millions of American professionals unemployed, suddenly Mcdonalds could upgrade their workers for the same crappy wages.
The problem is older professionals are a lot more likely to punch back, than bright eyed high school kids. Now Mcdonalds (and the others) have a fight on their hands.
the face of today's fast food workers -- 70% of whom are over the age of 20, nearly 40% have children and a third of them have spent some time in college, according to U.S. census data.
In 1979, teenagers held 26% of all low-wage jobs, while adults aged 25-64 made up less than half of such workers, according to the Center for Economic and Policy Research,
Today, only 12% of low paying jobs are held by teenagers, while adults make up 60% of them. Also, only 20% of such workers had attended some college in 1979. Today, it's 33%.
In essence, people working at a McDonald's (MCD), Burger King (BKW) or Wendy's (WEN) are older and more educated, but earning some of the lowest wages in the economy.
"Some customers think you're stupid because you're behind the counter, but I have an education,"
Finley is not alone in not being able to convert his degree to a better-paying job. Job choices have become limited -- 44% of American jobs created in the past four years have been in low wage industries like fast food, even with an education," said Finley.
A key argument behind the latest wave of strikes to raise wages to $15 an hour is that fast food workers these days are no longer just teenagers looking for pocket change. They are mothers and fathers struggling to raise children on wages that are too low, in most cases below poverty level.
fast food companies haven't shared their profits equally among their workers. While the lowest paid have not seen a raise in a long time, the industry's top management are not only being paid handsomely but have given themselves hefty raises.
CEO compensation in the industry just since 2000 quadrupled to $24 million, while average fast food worker's wage only increased 0.3%.
Fast food CEOs also make 1,000 times more than the average worker in the industry.
"The idea that you can work hard and play by the rules and get ahead is disappearing for a large number of American workers," said Catherine Ruetschlin, an analyst at Demos.
"As for the American Dream, it's not as easy as people think to leverage into upward mobility from low wage jobs."
Tanika Smith, a 25-year-old with a college degree, says her $8.75 hourly wage has barely budged since she started seven years ago at a McDonald's in Chicago.
"I never imagined working at a fast food place with a B.A. I imagined I'd be working downtown at a law firm making major bucks," says Smith, who hopes to earn a master's degree and aspires to be a judge.
"The people I work with now are not comfortable doing what they are doing. It's not what they want - but that's where the jobs are,"