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Economy

Why is SEARS Going Bankrupt?

October 13, 2018

Sears Corporation will be filing bankruptcy as early as Saturday, or as late as Monday morning. Sears is the definition of a former retail/corporate powerhouse. Look at some of these companies that used to be a part of Sears: Dean Witter, Allstate, Discover Financial, Morgan Stanley (later merged with Dean Witter), Orchard Supply Hardware (OSH) […]

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Tesla Has Been Framed: Elon Musk is a Genius

October 8, 2018

I was invited to a social function last Friday to celebrate the fall ritual of Octoberfest. I engaged a person that I know at the party in conversation. The subject of Elon Musk came up, partially because the person hosting the party just purchased a Tesla. I recounted the production difficulties, Elon getting kicked off […]

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Musk Out at Tesla…Well Sort of

September 29, 2018

The Securities and Exchange Commission (SEC) has issued the following edict: Elon Musk has been forced to step down from the Board of Tesla but he will remain CEO. Translation, he is figurehead of the company but can be out voted if he wants to do stupid stuff. Within 45 days, an independent chairman will […]

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Dick Less Profits

August 30, 2018

Sales at Dick’s Sporting Goods tanked in the last quarter while most retailers are doing better with increased consumer spending. This was due to the store caving in to political correctness. Comparable-store sales fell 4%, Dick’s said. Not adjusting for the 53rd week last year, the company’s same-store sales declined 1.9%. The weaker-than-expected results bucked […]

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Verizon Wireless a Firefighters Worst Nightmare

August 25, 2018

Loyal followers know that The Chief very seldom holds back when it comes to hot takes, but this story actually had blood gushing out of my eyes. Verizon Wireless serves many purposes, largely they are known as a wireless provider “allegedly” they also are the second largest of wireless provider behind AT&T. Fun fact: Verizon […]

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Elon Musk Can’t Deliver

August 24, 2018

“You’re a legend in your own mind.” —Clint Eastwood as Dirty Harry in Sudden Impact (1983) Elon Musk is not just a legend in his mind but for many that uncritically accept his claims. Musk follows the axiom of selling the sizzle not the steak . The difference is that Musk is finding that he […]

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Crime Pays What?

August 24, 2018

Doubtless you are familiar with the phrase “Crime doesn’t pay” but actually is does; just not much unless you are in elected office. I came across the latest wage schedule of what prisoners earn per hour when working inside the prison system. When compared to what Apple pays people to make iPhones, these guys are […]

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California Adds 800 Jobs in June

July 23, 2018

Yeah, that’s what was published in the Los Angeles Times last week. California the fifth largest economy in the world per the same LA Times ( California is now the world’s fifth-largest economy, surpassing United Kingdom ) added a mere 800 jobs last month and the State is spinning this as a victory.( California gains […]

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Tesla, Tucker, and Elon Musk

July 21, 2018

Elon Musk and his fantasy car company Tesla were in the news with a strange story. It reminded me of the movie Tucker when the 1950’s car company was taken to court for ripping off investors for selling dealerships with no cars. In the days leading up to the trial, Tucker and his band of […]

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Trump’s 2018 European Tour

July 17, 2018

Sportscaster, Howard Cosell, famously told it like it was. People either loved him or hated him, but Howard was never shy about expressing his point of view. He grew-up in New York and folks couldn’t deny his love of sports. To many of us, Howard was a big part of what made Monday Night Football […]

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