B-List Actor Bid For Tully’s Wins

Photo Credit:Associated Press
Photo Credit:Associated Press

From The Los Angeles Times:
““I’m thrilled that we prevailed,” Dempsey said in a statement. “From Day One, we have been focused on saving jobs, keeping Tully’s independent and infusing new life and enthusiasm into the company.””

Well good for his company Global Baristas. The bigger question is whether or not they can successfully resuscitate the bankrupt coffee chain. And what does playing a doctor on television have to do with corporate, retail chain know how? The golden halo from McDreamy will fade very quickly.

Did the bankruptcy court rule correctly that his company’s $1.5 million lower bid than the Starbucks and AgriNuture combined bid will be better? At least we know Starbucks knows how to run a coffee chain. A very successfully one at that.

Best of luck to Mr. Dempsey in reviving Tully’s. A competitive marketplace benefits us the consumers. But running a coffee chain may be more difficult than winning over a casting director.

Will a new drink be call McDreamy, Grey’s, Anatomy or a combination of the three?

Law Enforcement Overreach Alert

Do you like your right to vote? How about free speech? Or the right to a fair trial? With freedom comes the uncomfortable boundaries sometimes. Like the right of Neo-Nazis to espouse their despicable views.

We have many rights including recording events that occur in public. So why did the sheriff deputy in a small Minnesota town not get the memo?

From the Pioneer Press,”Little Canada man videotaped sheriff’s deputies, and got charged for it” 
“Henderson, 28, took out his small handheld video camera and began recording. It’s something he does regularly with law enforcement.


But what happened next was different. The deputy, Jacqueline Muellner, approached him and snatched the camera from his hand, Henderson said.”

MacWorld Misunderstands Marketplace

MacWorld’s piece, “Office for iOS may be coming, but does it really matter?” completely misses the point. Whether or not the writer, John Moltz, loves iWork is moot to a competitive marketplace.

What a strange thought, doesn’t competition generally make for better, cheaper products? I, for one, see Microsoft going after Apple via new products as win/win for me! Religious zealotry for a brand is illogical. Aren’t computers logical?

If the author doesn’t like a friendly, easy-to-use interface and would rather hack his way through writing, as he says in his article, why does he think that works for everyone else? Foolish computer industry, isolated thinking that fails in the marketplace.

“I’m not claiming that office applications are going to die out—that would be a stupid argument to make. But I do find them to be an anachronism. Mobile platforms and the Web have taught us the flip side of that old saw: If you hate something, let it go. If it doesn’t come back, good riddance.”

Finally, A Giant Squid On Video

Photo:NHK/NEP/Discovery Channel
Photo:NHK/NEP/Discovery Channel

After recently handling a Humboldt squid after they washed up on shore (video here), I was particularly enticed by the Discovery Network News announcement,”Giant Squid Filmed In Pacific Depths

Researchers have finally captured video of the legendary, deep water, giant squid. Seriously, the creature of legend that sunk ships in the sea and led to all kinds of scary stories and pictures. I love the tenacity of the researchers to have the patience, the ingenuity, and the technological know how to finally capture this amazing being on film. Sadly, we have to wait to see the video on the Discovery Network later in January.

“The giant squid, “Architeuthis” to scientists, is sometimes described as one of the last mysteries of the ocean, being part of a world so hostile to humans that it has been little explored.


Researchers say Architeuthis eats other types of squid and grenadier, a species of fish that lives in the deep ocean. They say it can grow to be longer than 10 meters.


Discovery Channel’s “Monster Squid: The Giant Is Real,” premieres on Sunday, Jan. 27 at 8/7c as the season finale of Curiosity.”

Global Banks Beat Regulation

FatCatBanker

You and I are suckers. That’s right, P.T. Barnum’s suckers born every minute kind.

Why should the 200 largest global banks learn from a crisis when you they can ignore those harsh lessons and make more money off the suckers?

They convinced regulators that the crisis of 2008 won’t happen again and they needn’t prepare properly.

Can you imagine buying a house with cash and then mortgaging it 20 times for gambling investing money? Now how about bashing regulators until they agree to let you mortgage it 33 times instead of just 20.

When people run a bank when they are scared, as they did numerous times in 2008 forcing government bailouts around the world, the banks have to have liquid assets to pay out the deposits for withdrawal.

Banks were overleveraged in 2008 and didn’t have the “cash” to pay the deposits, forcing the hand of governments into bailing them out by essentially printing the money needed.

These new rules were supposed to help minimize this exposure by requiring enough “cash” to cover 5% of total deposits in a 30 day bank run. The banks coerced the regulators into reducing that amount to only 3%.

According to the Wall Street Journal in, “Rules for Lenders Relaxed” they also convinced the Basel Committee on Banking Supervision that the junk mortgage backed securities which was a primary driver of the 2008 Credit Crisis can count as a cash equivalent for the new liquidity rules but gold doesn’t count.

Gold, the standard of all world currencies before modern banking was invented. Gold, the reserve requirement of those same currencies until fiat money was invented. Gold doesn’t count.

Even more inane on the part of regulators is this bit from Bloomberg Businessweek, “Under yesterday’s deal, banks would only have to meet 60 percent of the LCR obligations by 2015, and the full rule would be phased in annually through 2019…” Which means these 200 largest banks can take their sweet time.

I hope you liked bailing out the banks the last go around since it will happen again as regulators are refusing to implement necessary protections.

The big, fat cat bankers are laughing at all of us this morning, again. Cackling, rubbing their hands, laughing.

Al Gore’s Al Jazeera TV

AlGoreAlJazeera

Do you want a little jihad to go with your liberal viewpoint television? You sure will now!

As if we don’t have enough issues like politicians not dealing with fiscal issuespork-laden Sandy relief bills held up in Congress, and the Dallas Cowboys missing the playoffs

Al-Jazeera, famous for anti-US viewpoints that almost caused a diplomatic row in 2005 between the Bush White House and the Qatari government, will now take over a network that nobody watches. Oh, that’s right, Al-Jazeera is a government owned mouthpiece from the Middle East and Current TV averages 42,000 viewers during prime-time programming.

Only the population of a small suburb is watching Current TV at anytime yet Al-Jazeera bought out Al Gore and pals for $500 million?!?

You don’t think they want to get their propaganda across really badly, do you? Oh yes, let’s slowly brainwash Americans in the cultural war for mindshare, is what the amir (think monarchy) and his family are thinking with this expensive purchase.

Brace yourselves for the onslaught of verbal attacks that you are not open-minded enough to handle an alternate viewpoint if you don’t like Al-Jazeera taking over the airwaves in the U.S.

And I am one who enjoys Japan’s NHK and the U.K.’s BBC among other non-U.S. media sources.

No thanks, I am not interested in being brainwashed by a viewpoint that America bad, Islamic caliphate good. I will not be watching the newly branded Current TV/Al Jazeera English other than for laughs and to dissect the tales being told.

From MSN.com and AP:
Al-Jazeera, the Pan-Arab news channel that struggled to win space on American cable television, has acquired Current TV, boosting its reach in the U.S. nearly ninefold to about 40 million homes. With a focus on U.S. news, it plans to rebrand the left-leaning news network that cofounder Al Gore couldn’t make relevant.
The former vice president confirmed the sale Wednesday, saying in a statement that Al-Jazeera shares Current TV’s mission “to give voice to those who are not typically heard; to speak truth to power; to provide independent and diverse points of view; and to tell the stories that no one else is telling.”
The acquisition lifts Al-Jazeera’s reach beyond a few large U.S. metropolitan areas including New York and Washington, where about 4.7 million homes can now watch Al-Jazeera English.
Al-Jazeera, owned by the government of Qatar, plans to gradually transform Current into a network called Al-Jazeera America by adding five to 10 new U.S. bureaus beyond the five it has now and hiring more journalists. More than half of the content will be U.S. news and the network will have its headquarters in New York, spokesman Stan Collender said.”