You Don't Create Jobs by Selling Blue Paint

You don't create demand by creating jobs.  You create jobs by creating demand.

I explained this in part in a previous monograph.  You may want to review that now, or you may choose to review it later.

http://slimviews.blogspot.com/2011/07/will-1-billion-create-7000-jobs-yes-and.html


This is election season.  You cannot expect much in the way of substance.  If Jonathan Swift were alive today, he would still be writing about small people who bicker over whether to crack open a soft cooked egg at the big end or the small end.

For the purposes of this discussion, we live in Chicago.  We live across the street from one another. 

You pull out of your driveway on your bicycle to announce you are pedaling to New York.  You make a right. 

I call out after you.  "If you want to go to New York, you have to turn left."

You reply, "Your way isn't the only way of doing it, you know?"

A few months later, you return.  You concede that I was right.

I tell you that I am planning to bicycle to New York.  You say, "Don't forget to turn left."

I reply, "If I want to go to New York, I have to turn right."

You become indignant.  "How come when I want to go to New York, I have to pull out of my driveway and turn left; but, when you do it, it's okay for you to turn right?"

That may have brought a smile to your face.  Unfortunately, I've had a similar discussion before.

Every Economist you hear discussing the economy works for somebody.  That should be simple enough to explain why we have not yet solved our economic crisis.  If not, let me say quite simply just this:

If I sell blue paint, I will tell you that if you want to create jobs, you have to paint the walls of your business blue.

There are two Dixie Cups in the freezer.  I take one out, look at it, see it is chocolate, and smile.  I like chocolate ice cream.  You walk into the kitchen, see the Dixie Cup and want to know if there is any more.  I tell you there is one left.  You open the freezer, take out the Dixie Cup and look at it.  You don't smile.  The Dixie Cup is strawberry ice cream.  You like chocolate: you are allergic to strawberry.  Because I am not a politician, I offer to switch.  We both know I am not all too fond of strawberry.  If we switch, we both get to eat ice cream.  If we don't, only I get to eat ice cream.

I suggest the voters watch closely at how Congress and the White House hand out the Dixie Cups.  Oh, yeah, and don't listen to the economists.  They do more than give advice on economics.  They also sell paint.


Regards,


Slim

slimfairview@yahoo.com



Copyright (c) 2011 Slim Fairview

Will $1 Billion Create 7000 Jobs? Yes and No

Joe the Barber.  One man shop.

Customer: Sam

Sam gets his haircut every week.

If Joe hires another barber, will Sam get his hair cut twice a week?  No.

If Jack starts going to Sam’s barber, Joe the Barber will hire another barber.

Because Sam is vain, Joe the Barber uses up a can of hairspray doing Sam’s hair.  Will he buy two cans of hairspray to do Sam’s hair?  No.

However, if Jack is also vain, Joe the Barber now will buy two cans of hairspray.  One to do Sam’s hair, one to do Jack’s hair.

Since Joe the Barber doubled his order of hairspray, Willie the hairspray salesman will order more hairspray from the River City Hairspray Company.

The River City Hairspray Company now must order more spray cans for their hairspray.  The River City Spray Can Company now must order more steel to make spray cans.

Because Joe the Barber’s business has picked up, the money, please forgive the expression, trickles up.  This is trickle up economics.

Those who believe that this is supply side economics are only half-right.

We are not offering major tax cuts to make products cheaper so more consumers can buy them.

We are offering major tax cuts to those people who get haircuts, buy shoe-laces, Q-tips, detergent, cat food, newspapers, aluminum foil, Pizza, M&M’s, potato chips, oatmeal cookies, caffeine- free diet Pepsi, Chinese takeaway, candles, CD’s, DVD’s, ketchup, key-chains with their names on them, and so on.

Can A Billion Dollars create 7,000 jobs?  That depends.  Where does this money come from?  The vaults of the wealthy that are hoarding their ill-gotten gains while the world suffers?  The people whose hoarding is purported to be causing all this misery?  If they spend their billions, will that create the 7,000 jobs?  Only if the rich guy gets 7,000 haircuts a week. 

You know that idea floating around that those big corporations must spend their money to create jobs.  That is trickle down economics.

What this country needs is trickle up economics.  Money put into the economy by people who spend the money on Main Street.

Addendæ: 

Two ways to put money into the economy and create jobs.

Number 1.

Tax Peter $5,000.

Give $5,000 to Paul to create a job.

Number 2.

Don't tax Peter $5,000.

Tell Paul, "When you calculate your taxes, knock off $5,000 from what you owe Uncle Sam--If you created a job."

There is a vast, but fathomable difference between methods one and two.

 

Sincerest regards,

Slim

Please Read, the Multiplier Effect.  My ppt. presentation on SlideShare.

http://www.slideshare.net/slimfairview/the-multiplier-effect-4962273

However, to understand this even further, please read Economic Stimulus by Metaphor

http://slimviews.blogspot.com/2011/06/economic-stimulus-by-metaphor.html

 Sincerest regards.

slimfairview@yahoo.com 

Copyright © 2011 Slim Fairview

Economic Stimulus, by Metaphor

Slimviews:  Commentary on Global Political and Economic Events by Slim Fairview Please also see also http://sidestreetjournal.blogspot.com/  Please do click the follow button for Slimviews--and please email a link to your friends.  Thank you.

Slim

Now to explain. For this, we will need to create that all-important metaphor. Too, I should like to apologise in advance for the one snarky remark I will make about a former President. (One must compare apples to apples.)

For the purposes of this lesson, we will assume that Joy, brown-bags it every day except Friday. On Friday, she takes 10 hard-earned dollars and goes to Whoopi's Sandwich Store for a baloney sandwich.

Now Elisabeth is out of work. However, Jimmy Carter feels her pain. Therefore, he taxes Joy $10 and gives it to Elisabeth so she can buy a baloney sandwich. Joy is not happy. She's being ripped off. Elisabeth is no better off because she still does not have a job. Now, what about Whoopi? She is no better off because she is still selling one baloney sandwich a week.

In response to critics, Jimmy decides to tax Whoopi $10 to train Elisabeth how to make baloney sandwiches. After getting her certificate, she goes to Whoopi's store looking for a job. However, Whoopi tells her, "Sorry, Friday is my last day. Jimmy Carter taxed me out of business."

Now, President Obama comes along and says, "That is not how to do it. I am going to have the SBA lend Elisabeth the money to go into her own business."

Elisabeth opens up a soda store next door to Whoopi's Sandwich Store.

Back to Joy. Aptly named because her tax cut allows her to go back to Whoopi's store and buy a baloney sandwich; and she goes next door to buy a soda.

Elisabeth is happy because she's making money, so she treats herself to a baloney sandwich.

Whoopi is thrilled because she doubled her sales volume and revenue. In fact, she is doing so well; she hires Sherri to help make sandwiches. (Whoopi trains Sherri, as it should be in business.)

Sherri is happy because she has a job, and, please forgive my little joke, her compensation package includes a free lunch. However, no beverage. Therefore, Sherry goes next door to Elisabeth's soda store to buy a soda. Well, with all this soda being sold, Elisabeth hires Barbara to work in her soda store. Now Barbara is thrilled because she has a job.

Back to the Oval Office:

The President's economic advisor comes in.

"You wanted to see me, Sir?"

"Yes, I have some money for you. It is part of Sherri and Barbara's benefits payments. They are out of work. I want you to send the money to Sherry and Barbara."

However, the advisor says to the President, "But Mr. President, Sherri and Barbara don't need that money anymore. They have jobs."

"That's great," the President says. "The government is saving money."

The advisor continues. "It's better than that. Since they are working, they are paying income taxes. So, I have some money to give to you from Sherri and Barbara."

"Wow", the President says. "I save money because Sherri and Barbara are working, and I bring in money because they are paying taxes. This stimulus package is great."

This is how economics works. It takes a little time, but this is how the system works.

Regards,

Slim

 

PS.  I am not Paul Harvey.  Still, I am open to becoming a paid blogger, columnist, or commentator.

In the meantime, if anyone finds the monographs on my blog to be especially helpful, please do not hesitate to send me on of those tricked out laptops and few dollars tucked into the envelope with the thank you note.

Sincerely  

Slim

Mail slimfairview@yahoo.com

Copyright (c) 2011 Slim Fairview

Book Agent

I am looking for an agent to represent my two non-fiction efforts:

The Quotations of Slim Fairview

and the book I am assembling on management.

Anyone with an interest, please contact me.

mail: slimfairview@yahoo.com

Regards,

Slim

The Virtual Classroom Class Reunion Highlights

The Virtual Classroom

E learning in the classroom has been around a while. They started a programme in Pennsylvania a few years ago. In Pennsylvania, it is called Cyber-school. Enrollment is up. Students have graduated, gone on to college, and have done well. This, of course, is anecdotal. For a deeper knowledge of the topic, you might want to do research [wait for it] on line.

There is a great need for social interaction; however, that need for the classroom experience may recede as more youngsters live in Netopia.

One of the vital areas that a virtual experience would be powerful is on a topic that would make it virtually impossible (no pun intended) for every classroom to have access to the expert on that topic.

Instead of youngsters passing notes to their friends in study hall, they can have a chat set up. This may sound satirical at best, however, it does enable students to work in group while in a virtual classroom with a virtual teacher helping the students with their group activities. The virtual connection also allows students to research as they progress through the lesson.

Now, if you'll excuse me, I have to go clap erasers.

Sincerest regards,

Slim

Mail slimfairview@yahoo.com

Copyright (c) 2011 Slim Fairview

Will the Facebook Revolution Spread to China? Probably Not

Will the Facebook revolution spread to China? My guess, probably not.

1. What you are seeing in the Middle East is a reaction not a response, to a reaction. Kings were overthrown by military dictators and the people suffered not just a civil rights oppression but also an economic oppression.

2. In China, there was a technology revolution fueled by the Chinese government to move China into the 21st century with a great leap.

3. In the Middle East, there was an equality of suffering with the exception of a few "friends of the dictators".

4. In China, the old axiom (New by Chinese standards) "When the tide comes in, all the ships in the harbour rise,” is being played out in large numbers. Yes, there may be pockets of poverty. However, they are in a manner of speaking diffuse. Also, not "connected".

5. This brings us to: There is a techno-class. In the same way the intelligentsia was self-removed from the class-contretemps of Europe's social revolution over a century ago, the tech people are focused too fiercely on technology. "If then: go to."

6. There appear to be "tribal or religious" disconnects among the different tribal and religious segments of Middle Eastern society. In China, the Chinese people are Chinese. Full Stop.

7. There is a great deal of anti-American and anti-western sentiments in the Middle East. While there may be Chinese people who like and Chinese people who may not like some or many westerners, there is not a history of exploitation. In addition, China has the means, the methods, and the will to compete on the global stage, in the global arena, playing the same game everyone else plays. For the lack of a better term, I shall call it, Economics.

The West has a rather remarkable view of the Middle East. We preach democracy, we promote democracy, we aid and abet democracy, and we work well with those countries that are and have been democracies. In the Middle East, democracy seems to be a new thing. They will have democracy. They will vote. They will elect representatives and leaders. Then what? That is the conundrum for the US.

What happens when they vote not to establish alliances with the west? They are free to choose. With that freedom comes the freedom to choose not to be our friends. That is a possibility we are not prepared to accept.

With China, we do business. China does business with us. We've never done business with the people of the Middle East. We've done business to the people of the Middle East.

Let's move quickly to mend some fences.

Regards,

Slim

Mail slimfairview@yahoo.com

Copyright © 2011 Slim Fairview

Virtually a Real Person

"I have a Twitter account, a Facebook account, a Linkedin account and a Blog. At last. Finally I feel like a virtual person. For a while, I didn't think I was going to make it." -- Slim Fairview


Mail: slimfairview@yahoo.com

The Business of Egypt is Business

Yesterday, the business of Egypt was Egypt. Today, the business of Egypt is business.

For the revolution to be a lasting success, the Egyptian people have to focus on the economy, on jobs, on education, and on the infrastructure: Electricity, roads, trains, broadcasting, and a stable government.

This is not accomplished by embracing ideology.

For a start: "Free Enterprise. It works when you do."

Egypt: Now looking for global management specialists, business development specialists, new market developers, (dare I say it) Human Resources Managers, R&D Specialist, IT managers.

The Egyptian people need jobs!

Let's hope The Egyptians promotes from within before they are exploited by carpetbaggers. 'You gotta know the territory...’

Did anyone say, Professor Harold Hill?

Bon chance,

Slim

Mail: mailto:Slimfairview@yahoo.com

Copyright © 2011 Slim Fairview

Learning, or not.

ENOUGH SAID?

Egypt and the Failure of Global Diplomacy

Egypt and the Failure of Global Diplomacy

It is simplistic to say that the situation in Egypt is for the Egyptians to resolve. This, because we are global community. To complicate matters, different countries have different cultural norms. To complicate matters further, efforts to understand the cultural norms of other countries routinely involve explaining “our” culture to others rather than asking others to offer us insight into their cultures.

Now, to diplomacy.

The Egyptian people have called for the resignation of President Hosni Mubarak. They have stated their resolve not to leave The Square until he resigns. They have issued a fait accompli.

President Mubarak has stated he will not resign as President. In effect, he has issued a fait accompli.

We have called for President Mubarak to step down. We did so publicly.

We can focus on the Egyptian Constitution and the constraints it places on all parties. We can also focus on the remarks by the pundits and analysts to the effect that our failure to support President Mubarak will cause other allies to be concerned about our fidelity. No one, however, has addressed the issue of “loss of face”.

For the Egyptian people to recant their demands, they will suffer what the world knows to be “loss of face”. For President Mubarak to capitulate to the demands of the protestors will result in his suffering “loss of face”. Then there is the American position—stated publicly.

We became Pontius Pilate the moment we entered the fracas.

If the Egyptian people do not prevail, there will be bitterness among the Egyptian people. By extension, if this is attributed to our support for President Mubarak, there will also be a bitterness shared by all who looked to us as a symbol of freedom.

However, if the Egyptian people do prevail, if President Mubarak does step down, it will do more that cause concern among our allies with respect to our willingness to support them. 1.3 billion Chinese people will see that we have caused President Mubarak to lose face. 1.3 billion Chinese will wonder when we will cause their leader to lose face. This question will be asked by people all around the world.

Rather than regard America as supporters of the Egyptian people, people around the world will see America as the betrayer of the Egyptian peoples’ leader. This, notwithstanding the call by the Egyptian people for President Mubarak to resign.

Lastly, if we recant our position, our global status and stature will suffer.

What to do?

The best possible way to resolve the problem is for the United States to defer to a neutral third party nation who will meet, PRIVATELY, with both the leaders of the Egyptian people and with the Egyptian leaders. Yes, there is a difference. This is not to suggest that the U.S. should not be present at the table. After all, Egypt and The United States are allies and have been for a long time. However, we should not head this delegation.

This neutral third party nation will be able to help both the Egyptian people and the Egyptian government under President Mubarak, to resolve the contretemps in a matter that will avoid humiliation and mitigate rather than propagate enmities.

Regards,

Slim

Mail slimfairview@yahoo.com

Copyright © 2011 Slim Fairview

Watching the Process

The Process

Management, Project Management, Process Management, each a process. Can you isolate the moment you realised that?

I was in the second grade. We were out in the playground for recess. We were playing kickball.

Recess was unstructured. There was no micromanagement of children then.

The two usual classmates were captains. This was SOP. Then, one day, one of the teams had a co-captain.

While some of the other boys in my class complained, “Why do they always get to be captains?” “They always pick their friends. That’s not fair,” I observed the process.

The captains were the natural leaders. This was because they were good at the game and good at picking players. (Athletes will routinely hang out with athletes. Question: Are they picking their friends, or good athletes, or both? Answer: both.)

We root for the underdogs; but we want to run with the winners. Good at sports or bad at sports, each of us wants to be on a winning team.

However, we now had co-captains. I was less concerned with why. I simply wanted to be on a winning team. That was over 50 years ago. I still remember the day. However, we never stop learning. It was only a few weeks ago when I thought about that day that I realised something.

If you are a good athlete, and I am a good athlete, and we have three powerful players in the class; Tom, Dick, and Harry, and we toss a coin for first pick, the following are the possible results:

You have three power players: I have two power players.

I have three power players: you have two power players.

It comes down to the toss of a coin.

Plan B. I have a co-captain. It doesn’t matter who wins the toss. Either way, I have three power players on my team and you have two on your team.

Now, that was not the end of the lesson. That was the beginning.

1. We learned not only about leadership, but also about followship.

2. We learned the art of negotiation and the result of having good leaders.

3. We also learned how to get along without being micromanaged by parents.

4. There was a lesson in conflict resolution and the value of cooperation.

It went on from there.

Some of my classmates complained. They, however, had no viable alternative. They also had no appreciation for the objective assessment of what was happening.

Some had inflated views of their own skills. (If he can do it, so can I.) Yet, none ever explained why others never gravitated to them as leaders.

There was more to be learned by watching the process.

1. How did some classmates interact with others?

2. How did some interact with the teacher?

3. How did the teacher interact with some students as opposed to others?

For the last one, I can offer some insight. If the objective is to encourage a student to participate, the teacher calls on the quiet one. If the objective is to teach the class how to solve a problem, the teacher calls on the student most likely to have the correct answer.

There is much to be said for participation. There is little to be said for sitting on the sidelines. However, as Yogi Berra once said, “You can see a lot by just watching.” To which I shall add, “You can hear a lot by just listening.”

What does this have to do with project management?

Perhaps you shouldn’t be managing projects.

Regards,

Slim

Mail slimfairview@yahoo.com

Copyright © 2011 Slim Fairview

Egypt and Others--A New World Order: A World without Borders

 

New World Order: A World without Borders

The real problem is our lack of understanding of the concept of what is going on globally. The younger generation is no longer embracing the customs of the past. What are the customs of the past? For one thing, embracing the customs of the past.

 

One thing that is very important to understand if we are to get along with the rest of the world. Many cultures have 3,000; 4,000…6,000 years of history, custom, and culture to look back on. We have a bit over 200. This creates a major difference between Americans and, for example, the Egyptians, The Chinese, The Japanese, and so on.

On the other hand, the aforementioned youth culture is very similar to American culture in that both they and we are “forward looking.” As we cannot look to a long past, we long for a future that will.

As this pertains to Egypt, we are in a unique position to understand the Egyptian people. (Did someone say, 1776?)

Both America and the Middle East were part of a Colonial Empire. But wait! There’s more!

In what is known in some parts of the world as the Colonial Rebellion of 1776, we had aid from France and, that by extension, the French people. We did not look upon France as the enemy because they supplied us with weapons. We looked upon France as a nation that aided us in battle. Much the same way America has aided the Egyptian people in their government’s efforts to protect the Egyptian people from enemy soldiers.

Thus, as evidenced by the protests around America, the American people have a shared perspective with the Egyptian people. (This does cause me to wonder why Americans in Egypt would be afraid. I want to believe that the Egyptian people see the American people as people who share in a belief.)

Hence:

The blogosphere is a world without borders; Facebook is a world without borders; Twitter is a world without borders. Linkedin is a world without borders; SlideShare is a world without borders, and, the new generation is a generation of a nation without borders.

We now have a world where emerging nations are no longer define the way I defined them on my ppt. presentation only three months ago. Global Management: A shift in the paradigm of corporate America at http://slideshare.net/

I touched on some aspects of the new way of doing business from a global perspective but failed to see the absence of the borders in the new world. The technosphere. The following links are to very short monographs related to the above topic.

The Next Generation: Better Than Brand New

http://slimviews.blogspot.com/2010/12/next-generation-better-than-brand-new.html

Managing Projects in the New Millennium

http://slimviews.blogspot.com/2010/09/managing-projects-in-new-millennium.html

The New Age Biz Wiz

http://slimviews.blogspot.com/2010/04/new-age-biz-wiz.html

Project Management of the –Oops! Gotta Run

http://slimviews.blogspot.com/2011/01/project-management-of-oops-gotta-run.html

The new, the young, the future, is a world where communication is instantaneously global. Questions asked an answered in moments.

Enough said? No. Enough said!

Regards,

Slim

eMail: mailto:slimfairview@yahoo.com

Copyright © 2011 Slim Fairview

Thoughts on the Marketing of India (From a Linked in Discussion)

The Marketing of India

Find a need and fill it.

Who has a need for what you can produce?
Partner with that (nation's) companies.
In addition to the profits, offer a minority interest in the company. (This will give investors an incentive to succeed.) Offer a profit share to the suppliers. (This will give the farmers(?) an incentive to join in the venture.

In addition to money, offer other incentives. [Prestige]. For example: Build schools in the areas where the people are most enthusiastic.

If one or two small companies cannot find the funding (through govt. funding--a bad idea) go to the marketplace. Economies to scale.

Create a marketing group for the several smaller companies, so they can pool their resources.

In Vermont there is a joke:

Q: "Do you think the rain will hurt the rhubarb?"
A: "Not if they're in cans."

If produce spoils before it hits the market, set up a joint effort to can the produce at the source.

Roads are a government responsibility.

Just a few ideas. (Call me old-fashioned)

Anyone care to amplify, amend, or correct?

Sincerest regards,

Slim

PS. Read The Caste Busters article in the NY Times:
http://www.nytimes.com/2011/01/02/magazine/02Striver-t.html

Mail slimfairvew@yahoo.com

Copyright (c) 2011 Slim Fairview

The Business of Wisdom in Global Affairs -- A Fable

The Business of Wisdom in Global Affairs—A Fable

About 50 years ago, my father told me a fable. I don’t know its origin. I believe it may have originated in Turkey or in the Middle East.

No doubt, he’d heard it from someone much older than he was when he heard it. And older and wiser when he shared it with me. Thank you, Dad.


A long time ago, there lived a powerful king. He ruled vast lands with firmness and fairness. However, the many city-states and principalities were ruled by selfish and greedy men. They were constantly fighting wars over petty grievances to disguise their true motive—greed. Therefore, the king issued an edict banning such unjust wars. If they defied the edict, he would send his troops in to vanquish the offender and seize his lands.

In one of the small countries, the young people had gathered to come up with a plan to better the lives of the people. They concluded that the old people were a burden and that they should all be put to death.

One young man, unable to allow his father to be killed, led him from the city in the dead of night and hid him in a cave on the outskirts of the city.

The word spread to a neighboring land where a greedy prince called his advisors together to discuss a plot to wage a war against the other land to grab their wealth. They wrote the following letter:

Five generations ago, our people lent to your people 25 units of rope woven from sand which you promised to return. Yet with each passing generation, your promise has gone unfulfilled. Therefore, we must demand return of this rope or we will be forced to send our armies to your land to retrieve it along with just restitution.

When the leaders of the council received and read this letter, they panicked. None had ever heard of the rope woven from sand nor knew anything about it.

The man who’d hid his father in the cave outside of town asked for the letter and said he would return with a solution to the problem. He went to see his father.

His father said, “Write back. Say to them, we have many coils of rope. Some are woven from sand but each is different. Send us a sample of your rope so we may match it up with the rope that is yours and do justice by returning your rope.”

The young man returned to the council and they sent just such a letter.

When the evil prince received the reply, he turned to his advisers and said, “There is still one old man left in their land. We will wait until he dies and try again.”

Regards,

Slim

Mail: slimfairview@yahoo.com

Copyright (c) 2010 Slim Fairview

Chinese Wisdom and Privacy

Chinese Wisdom:

"In the West, when you want privacy, you go into a closed room. In the East, when we want privacy, we go into an open field."


Regards,

Slim

Mail slimfairview@yahoo.com

A WHITE HORSE IS NOT A HORSE

A WHITE HORSE IS NOT A HORSE

That is what is known as “an old Chinese saying.” I learned it from my finance professor. I was too embarrassed to ask him to explain what it meant. Soon, I would figure it out for myself.

A few years later, my wife and I moved out West. What happened? Something that almost never does. I got a craving. A food craving. A food craving for for something I never crave. A salami sandwich on rye and a bottle of beer.

We drove to the supermarket. Beer, no problem. Salami, no problem. Then, we went to buy the rye bread.

I found, pumpernickel rye; marble rye, low-sodium rye; diet rye; California rye; I found every kind of rye bread except rye bread. Then I understood. A white horse is not a horse.

Solution. I had a baloney sandwich on white bread and a glass of chocolate milk.

How many white horses do you have in your stable?

Regards,

Slim

Mail Slim tilden9@yahoo.com

Copyright, © 2011 Slim Fairview

Internet Disconnect? NO!

Internet Disconnect? Nooooooooooooooooooooooooooooooo.

Among my "skills set" in addition to starting out life as an English major, and transferring schools to major in Finance, I also left the corporate world to write an unpublished (able) novel. I took unique jobs. Steel Fabricator. 10 hours a day on a brake-press, a spot welder, etc.

Plan B. 8 - 10 hours a day at a keyboard.

A. Hot, dirty, heavy, low pay, long hours.....
B. Keyboard, share ideas, connect with people globally!

Type a novel, enter an email, click attach and away we go. See an article -> twitter. Share it with thousands. (Okay, only seven.) Copy paste, high-light, add a link, add a mail to. Or, copy paste a photo, a graph, a chart, or a dozen links to same. Sit down to dinner with a friend across town, across the country, on the other side of the world. Free. (Did I hear someone say skype?)

I heard a rumour you can even run for President using the Internet.

http://slimviews.blogspot.com/

Regards,

Slim

Frank Investment Strategies

 

Investing?

Here's the metaphor.

Two friends stop off at a hot dog stand. Ahead of them, they see a man order a hot dog. One says to the other, “I bet he has mustard.” His friend says, “Ketchup.” The man puts mustard on his hot dog. The first friend wins.

They follow him down the street to a pretzel stand. The first man bets that he buys a pretzel with no salt. The second says with salt. The man buys it with salt. The second man wins.

Down the street, the man stops for ice cream. The first man says, “Chocolate”. The second man says, “Vanilla”. The first man wins when the guy in front of them buys a chocolate ice cream cone.

You know all this because you are following the two men and listening in as they make their wagers.

The next thing you know, you are calling your friend on the phone and inviting him to meet you for lunch at the hot dog stand.

When you get there, you see the same two men you saw the day before. They make the same wager. You turn to your friend and say, “I bet the man on the left wins the bet.” Your friend says, “You’re on.”

You bet that the man on the left will win the wager each time.

You win two out of three bets. You come out ahead.

Do you now have some idea of how our investment industry is changing?

Regards,

Slim

Mail: slimfairview@yahoo.com 

Copyright © 2011 Slim Fairview

Slimviews is an non-profit, unfunded, unsupported, and, alas, unprofitable web log by Slim Fairview

http://slimviews.blogspot.com

Commentary on Global Political and Economic Events by Slim Fairview. Read my blog today or hear it from experts in a month or two. Slim

Starving Nations and Food Equations

A Metaphor:

If one person in the group does not have enough food to eat, he may die.

For a while, that means more food for the rest of the group. However, that also means one less person to work the farm. That means less food to eat. Less food to eat means someone will die.

For a while, that means more food for the rest of the group. However, that also means one less person to work the farm. That means less food to eat. Less food to eat means someone will die.

Soon, there won't be enough people to work the farm. That means there won't be enough food to eat.

Get the idea?


Slim

Mail: slimfairview@yahoo.com


Copyright (c) 2011 Slim Fairview

MicroManagement?

Unforeseen management involvement:

When the supervisor can't do the job and the OM or the VP must step in to make an adjustment to the supervision.

Micromanagement:

a. When the manager doesn't really know what he is doing and imputes his deficiencies to his subordinates.

b. When a manager has foist upon him by his boss a process that he knows won't work and tries to cover himself by micromanaging the person he will blame for the failures of the process which is considered viable by his boss.

Slim

tilden9@yahoo.com

Copyright (c) 2011 Slim Fairview