Archive for the 'corporate governance' Category
Posted on May 16, 2008 by Dr. Denny under 1st Amendment, Bush administration, China, Christianity, Congress, House of Representatives, Iraq, Israel, Quotabull, advertising, capitalism, censorship, civil liberties, corporate governance, corruption, culture, economy, elections, energy, environment, free speech, freedom, global warming, government, human rights, justice, lobbying, marketing, national security, politics, popular culture, poverty, rich/poor gap, satire, society, women [ Comments: 1 ]


Hhaing The Yu, 29, in rain falling on the ruins of his home, in a township outside Yangon, Myanmar.
This is not about politics; it is about saving people’s lives. There is absolutely no more time to lose.
— United Nations Secretary General Ban Ki-moon, pressing the military junta in Myanmar to accept international assistance as hundreds of thousands of its citizens reel from the effects of a devastating cyclone earlier this month; May 14.
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Posted on May 2, 2008 by Dr. Denny under Bush administration, Iraq, Justice Department, Quotabull, advertising, blogging, business, capitalism, corporate governance, corruption, culture, economy, education, energy, entertainment, foreign policy, global warming, health care, human rights, lobbying, marketing, media, music, politics, popular culture, public interest, race relations, social media, women [ Comments: 4 ]

I think blogs are dedicated to cruelty, they’re dedicated to dishonesty, they’re dedicated to speed.
— Buzz Bissinger, author of “Friday Night Lights” and other bestsellers, castigating blogs on HBO’s “Costas Now”; May 1.
It’s one of the bigger Cadillacs. I’ve got a desk in it. It’s like an airplane. … I want them to feel that they are somebody and their congressman is somebody. And when they say, ‘This is nice,’ it feels good.
— Rep. Charles Rangell, chairman of the House Ways and Means Committee, describing the 17-foot-long, 300-horsepower, 2004 Cadillac DeVille he leases for for $777.54 a month; House rules permit members to lease any vehicle at taxpayer expense; May 1.
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Posted on April 21, 2008 by Martin under Busheviks, Internet, Web, broadband, corporate governance, corruption, infrastructure, innovation, net neutrality, open-source, politics, progressives, telecommunications, video [ Comments: 3 ]
Last week AT&T exec Jim Cicconi did his part to spread FUD by claiming that the Internet will reach the limits of its capacity by 2010, bolstering this doomsday notion with absurd claims that three households could conceivably consume as much bandwidth as the entire existing Internet, or that the entirety of existing networks built today came from private-sector innovation, a claim I’m sure everyone from Vint Cerf to Al Gore can dispute. Full Story »
Posted on April 18, 2008 by Dr. Denny under Arts, Literature & Culture, Bush administration, China, Congress, Quotabull, advertising, business, capitalism, censorship, corporate governance, corruption, culture, economy, education, elections, entertainment, foreign policy, government, human rights, marketing, media, military, music, national security, policy, popular culture, poverty, public health, public interest, race relations, rich/poor gap, sex, sports, terrorism, war [ Comments: 2 ]


In a garbage dump in Haiti, people scavenge for food.
They look at me and say, ‘Papa, I’m hungry,’ and I have to look away. It’s humiliating and it makes you angry.
— Saint Louis Meriska of Port-Au-Prince, Haiti, whose “children ate two spoonfuls of rice apiece as their only meal recently and then went without any food the following day”; food prices in Haiti have spiked 45 percent since 2006; April 18.
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Posted on April 13, 2008 by Martin under Bush administration, Busheviks, Congress, Latinos, United States, business, capitalism, corporate governance, corruption, economy, free speech, infrastructure, policy, politics, technology, telecommunications, television [ Comments: 2 ]
Is the answer to the above question “No?”
Well, that’s part of the problem–millions of Americans are in the same boat, and they are equally unaware of the situation
The basic gist is this: On February 17, 2009, “over-the-air” (OTA) broadcast television stations that use analog signals (which you pick up through the familiar “rabbit-ear” antennae) are switching to digital signals, which means that unless you have a strong enough antenna set and a special set-top converter box, your television will not be able to pick up the new signals. The government’s official DTV site gives a concise description of the whole event.
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Posted on April 9, 2008 by Dr. Denny under 1st Amendment, Constitution, Internet, advertising, blogging, broadband, business, capitalism, citizen journalism, corporate governance, culture, democracy, economy, free speech, government, history, innovation, journalism, lobbying, management, marketing, media, new media, news, newspapers, politics, popular culture, public interest, society, telecommunications, television, video [ Comments: 22 ]
It’s the new conventional wisdom: The news biz is dying. Declining circulation. Abandonment by advertisers. Falling revenues. Cuts in staffing to reduce costs. The news biz needs a new business model, the critical harpies proclaim.
But what should a new business model for an industry whose principal product is journalism look like?
It would have to recognize several new — and old — realities.
• Any new business model must generate profit.
There’s no way around this. Journalism is best sustained within a for-profit frame. A company that engages in newspaper journalism as a product is not supported by government (unlike public television) nor should it be. The same holds for commercial broadcast journalism as well. To provide news, the company must make a profit to attract investors and secure the resources to collect, report and transmit that news. A non-profit model cannot immediately match the breadth and depth of news reporting that a healthy democracy of more than 300 million citizens requires.
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Posted on April 4, 2008 by Dr. Denny under 9/11, Bush administration, China, Congress, Iraq, Quotabull, capitalism, corporate governance, corruption, democracy, economy, elections, energy, homeland security, journalism, lobbying, media, popular culture, race relations, terrorism, totalitarianism, women [ Comments: 5 ]

It’s a pleasure to watch Obama’s mastery of the technique. And Clinton — and I didn’t say “even Clinton” — uses it much better than McCain does. And just about everybody does it better than the capering loon who does soft-shoe in the White House while young Americans are dismembered and splattered in Iraq. Sometimes when he speaks I can forget who he is momentarily and find myself actually pulling for him; probably from misplaced performer empathy. His speechifying has a strong odor of remedial reading about it, combined with an apparent fear that there might be some hard words ahead.
— from a New York Times commentary by Dick Cavett discussing President Bush’s public speaking skills; March 28.
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Posted on March 31, 2008 by Martin under Bush administration, Busheviks, Congress, Democrats, Republicans, United States, business, capitalism, citizen journalism, civil liberties, conservatives, corporate governance, corruption, crime, democracy, economy, government, infrastructure, policy, politics, progressives, public interest, trade [ Comments: 5 ]

I was deeply amused to read the breathless news coverage of Hammerin’ Hank Paulson’s “ambitious” and “sweeping” plans to restructure the federal financial regulatory structure. It says something about how far the goalposts of this country’s discourse have been moved towards rampant, unchecked, unbridled “law of the jungle” financial pillaging that modest reforms like these are considered a major move.
If these pathetic hot-flashing stenographers that call themselves “reporters” would actually take a closer look at the plan itself–hell, even just the fact sheet–they would see that not only is Paulson’s reform agenda miniscule at best, but that it’s a shell game, a distraction designed to accomplish the long-held mantra of the Bush administration–centralizing federal power and weakening consumer protections at the state level. Full Story »
Posted on March 28, 2008 by Dr. Denny under 9/11, Baby Boomers, Boomer Heroes, Bush administration, China, Congress, House of Representatives, Iraq, Quotabull, Senate, capitalism, civil liberties, conservatives, corporate governance, culture, democracy, economy, education, elections, energy, environment, global warming, journalism, media, military, national security, news, newspapers, politics, rich/poor gap, sports, war [ Comments: 8 ]

If it was the Marlins, you wouldn’t see people in Florida getting up at 5 a.m. And if it was the Yankees — well, their fans aren’t real. They just buy the hat.
— Helio Rocha, a restaurant manager who stayed up all night in anticipation of watching the Red Sox’ Major League Baseball opener (played in Toyko) at 5:30 a.m. in famed Boston watering hole Cask ’n’ Flagon; March 26.
Adam Smith’s invisible hand has a puppeteer: the Federal Reserve. In case there is any confusion about who was pulling the strings behind the scenes of JPMorgan Chase’s acquisition of Bear Stearns, the curtain was lifted Monday. By raising its bid — with the grudging approval of the Fed — to $10 a share, from $2, JPMorgan exposed what had long been whispered about but no one dared to say aloud: the Fed is officially in the deal-making business.
— from Andrew Ross Sorkin’s “Dealbook” column in The New York Times; March 25; emphasis added.
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Posted on March 25, 2008 by Martin under Bush administration, Busheviks, Democrats, business, capitalism, conservatives, corporate governance, corruption, economy, government, policy, politics, progressives, women [ Comments: 1 ]
Right now the Clinton campaign carnage is focused on whether or not falsely claiming to be shot at on a Bosnian tarmac qualifies you to be ready to answer the red phone at 3 am. But there are other, subtler issues surrounding her that give me serious pause when considering whether or not she can truly be a progressive, or even Democratic president.
Her approach to dealing with the mortgage meltdown and resultant economic crisis is generally sound, especially in terms of endorsing the plans put forth by Barney Frank and Chris Dodd, both of whom have been doing some serious heavy lifting on this issue for the past few years. But Clinton runs the risk of sabotaging the plan in a major way by putting none other than Alan “Irrational Exuberance” Greenspan himself in charge of the working group handling the initiative. Full Story »
Posted on March 23, 2008 by Martin under Bush administration, Busheviks, Veteran's Affairs, business, capitalism, corporate governance, corruption, culture, government, homeland security, intellectual property, military, national security, privacy, technology [ Comments: 4 ]
The accessing of private passport-based travel data of all three Presidential candidates by contractors working for the State Department has finally galvanized Capitol Hill to address the issue of privacy–something we’ve been begging them to do for years. Ron Wyden sums it up succinctly:
“The Government Accountability Office has been warning about this problem for a decade. And it seems to me in this administration, there’s been pretty much a culture of disregard for privacy, and that’s part of the problem,” he said.
Wyden may have been referring to a 2006 report from the GAO documenting the lack of oversight in sharing Social Security Numbers with contractors working for various federal agencies, including the IRS and the FBI, as well as within the private sector. It is but one of many reports the investigative agency has issued documenting the serious vulnerabilities our government’s mad drive to outsource its functions to the private sector has wrought–but it’s only the tip of the iceberg. Full Story »
Posted on March 18, 2008 by whythawk under China, South Africa, United States, business, capitalism, civil liberties, civil rights, corporate governance, corruption, democracy, diplomacy, economy, foreign policy, freedom, government, policy, politics, taxation, trade [ Comments: 1 ]
Eric Schmidt, CEO of Google, believes that a Yahoo / Microsoft tie-up would be awful for the Internet. Schmidt issued the vague sequitur that we should all beware of, “the things that it has done that have been so difficult for everyone.” Of course, everyone knows that Microsoft is the Great Satan, so it stands to reason that anything they do should be regarded as automatically the equivalent of making baby stew.
Here, though, it is Google - owner of 62.9% of all Internet searches ($16.4 bn in ad revenue) - which dwarfs any tie up (Yahoo-Microsoft have a combined search share of 15.7% and $ 9.8 bn in ad revenue). Could it be that Google is trying to pull a Microsoft and protect its home-turf advantage from a healthy rival? Full Story »
Posted on March 14, 2008 by Dr. Denny under Bush administration, Congress, Justice Department, Quotabull, corporate governance, corruption, crime, economy, environment, government, politics, war [ Comments: 1 ]

Does this mean Spitzer’s been a Republican all this time?
— heard in the hallway outside my office.
Message to Gov. Eliot Spitzer: I wanted to thank you for giving me the opportunity to define prostitution for my 11-year-old son.
— letter to the editor of The New York Times by Louise Hochberg of Great Neck, N.Y.; March 12.
Only the lobbyists.
— New York Lt. Gov. David Paterson, when asked by the press “whether he, like [Eliot] Spitzer, had ever patronized a prostitute”; March 14.
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Posted on March 11, 2008 by Martin under Constitution, civil liberties, civil rights, corporate governance, corruption, crime, infrastructure, marketing, national security, politics, privacy, public health, public interest, totalitarianism [ Comments: 3 ]
I have little to say about the Kabuki theater that is Elliot Spitzer’s fall from grace, so aptly summed up is the situation by my man Motherwell over here. But it does tie in to a larger point–if a former Attorney General and current Governor of one of the most powerful states in the country can be brought down by a wiretap this easily, what chance does anyone have in this, the modern surveillance state?
Because that’s what this is, folks. We’re living in a surveillance society now, our every move tracked, our emails catalogued, our phone calls traced, our Web sites marked for future reference. It doesn’t matter if you’re good or bad, they know when you’re sleeping and awake. And they know who your friends are, who you speak to, where you go, what you buy, and what you do with all of it.
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If you were grossed out by the generally reasonable idea of drinking recycled sewer water to preserve supplies, you’ll love this–as many as 41 million Americans have been drinking water tainted with trace elements of pharmaceuticals of all shapes, sizes, and effects:
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Posted on March 8, 2008 by Dr. Denny under 1st Amendment, Republicans, business, campaign finance, capitalism, citizen journalism, corporate governance, corruption, democracy, global warming, politics, rich/poor gap, taxation [ Comments: 4 ]
Daniel Kester of Williamsville, N.Y., believes some actions of his representative in Congress are hypocritical. So, fed up and using information available online, he sat down and penned a letter to the editor of The Buffalo News:
Last year, Exxon-Mobil made a profit of more than $40 billion. This is the highest profit any American company has ever made. While I congratulate Exxon on this achievement, it does make me wonder why my congressman, Tom Reynolds, found it necessary to vote to continue to give tax breaks to Exxon and other oil companies (House Bill 5351). At the same time, Reynolds voted against tax credits for wind, solar and other alternative energy sources that could actually help reduce global warming.
I can see the sense in giving tax breaks to struggling Western New York companies. But tax breaks for Exxon? What was he thinking? This wouldn’t have anything to do with the fact that he has received more than $165,000 in contributions from the oil and gas industry, would it?
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