Category Archives: populist revolt

10 most-hated companies in America – Illusions of Grandeur

By MarketWatch

MARKETWATCH FRONT PAGE

Why are some companies hated? The answer often depends on who is asking. Corporations can anger their customers, fail their shareholders, and mistreat their employees. Take a look at 10 of the most-hated companies in America. See full story.

via 10 most-hated companies in America – NewsWatch – MarketWatch.

North America and Pelican Nebulae (narrowband)

North America and Pelican Nebulae (narrowband) (Photo credit: DJMcCrady)

I rarely us the word hate and I’m not going to use it now. It is distressing to hear words that have such strong meaning bandied about so frequently and irresponsibly.

The companies mentioned by MarketWatch are J.C.Penny, Dish Network, T-Mobil USA, Facebook, Citigroup, Research in Motion, American Airlines, Nokia, Sears Holding Corp, Hewlett-Packard, all iconic-brands.

There is a thread a common denominator that stands out as the reason for these company’s downfall, a CEO (chief executive officer) who has lost all perspective of what made the enterprise successful to begin with. The most valuable asset of any enterprise are its employees. No matter how effectual you are in cost management, profit capitalization, stock manipulation (sorry), making the company look attractive to Wall Street.

If as CEO you do not realize that if you treat your employee’s like crap its going to bite you in the ass, then you are an idiot. More than likely you are having illusions of grandeur. The cure for those illusions is for you NOT to use the executive bathroom, go to the urinal your employees use, look over to either side, see;

You’re not such a big man after all. I don’t know of a cure for female CEO’s. SUGGESTIONS?

The Hard-Times Swindle

The Consensus Speaks

The achievement of the thing is even more remarkable when we remember the prevailing opinion

A solemn crowd gathers outside the Stock Excha...

A solemn crowd gathers outside the Stock Exchange after the crash. 1929. (Photo credit: Wikipedia)

climate of 2008. After the disasters of the George W. Bush presidency had culminated in the catastrophe on Wall Street, the leading lights of the Beltway consensus had deemed that the nation was traveling in a new direction. They had seen this movie before, and they knew how it was supposed to go. The plates were shifting. Conservatism’s decades-long reign was at an end. An era of liberal ascendancy was at hand. This was the unambiguous mandate of history, as unmistakable as the gigantic crowds that gathered to hear Barack Obama speak as he traveled the campaign trail. You could no more defy this plotline than you could write checks on an empty bank account.

And so The Strange Death of Republican America, by the veteran journalist Sidney Blumenthal, appeared in April of 2008—even before the Wall Street crash—and announced that the “radical conservative” George W. Bush had made the GOP “into a minority party.”3 In November, Sean Wilentz, the erstwhile historian of the “Age of Reagan,” took to the pages of U.S. News & World Report to herald that age’s “collapse.” The conservative intellectual Francis Fukuyama had said pretty much the same thing in Newsweek the month before. That chronicler of the DC consensus, Politico, got specific and noted the demise of the word “deregulator,” a proud Reagan-era term that had been mortally wounded by the collapse of (much-deregulated) Wall Street.4 Continue reading

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SIGNS and WONDERS

CONFUSED TIMES

These are confused times, a period when Americans rose up against imaginary threats and rallied

Painting by Anton Losenko, 1762 (first miracle)

Painting by Anton Losenko, 1762 (first miracle) (Photo credit: Wikipedia)

to economic theories they understood only in the gauziest terms. It is about a country where fears of radical takeover became epidemic even though radicals themselves had long since ceased to play any role in the national life; a land where ideological nightmares conjured by TV entertainers came to seem more vivid and compelling than the contents of the of the news pages.

Seen from another perspective, this is a conical of a miraculous time, of another “great Awakening,” of a revival crusade preaching the old-time religion of the fee market. It’s the story of a grassroots rebellion from the gloomy depths of defeat. Inevitably the words “populist” and “revolt” are applied to it, or the all out phrase chosen by Dick Armey, the Washington magnifico who heads one of the main insurgent organization: a “true bottom-up revolution.” Continue reading