Government Spending Assurances

                

Example: Two political sides attempt to negotiate a budget deficit. The question is to cut spending and size of the budget. When one side says it will severely cut spending a few years in the future but in the meantime takes current funds from taxes or keeps on spending, you just know that one of the two bargainers has just gotten ripped off.

                       

Why? No politician has ever followed through on promises made years earlier to cut budgets. So all negotiated deals of this kind have always been decided in favor of the big government spenders and taxers. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Your Own Poll Results

                  

Before you believe a political, business or scientific poll, ask yourself: Who pays or sponsors it? That can affect the results. The samples can be selected to give different results. Questions can be posed to produce preferred answers. Demographics can be altered to assure outcomes. Sponsorship can also influence the results of research.

And of course, interpretations can be subjective. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Useless Dodd-Frank

       

I keep writing about our poor federal regulators, about their actions and how they do everything but regulate what they set out to do.

           

I have taken particular aim at the Dodd-Frank Act with its countless unforeseen negative effects.

           

Such as forcing the banks “too big to fail” to keep adding to capital. This makes them less profitable, when they must be able to attract necessary capital for a thriving economy.

           

Moreover, this is foolish when capital cushions can be wiped out overnight whenever you mark-to-market the bank’s assets in poor markets, as in 2008. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

A Satisfactory Job Resume

      

Job resume suggestions generally involve what to mention. So many job applicants, however, add superfluous information which helps impede the essential message.

It’s of course important that everything, particularly your educational background, be truthful. Topics such as the salary you’re seeking ought to be left off the resume. That question should come up only if the interviewer decides to ask about the subject during the first interview.

           

Your hobbies can be listed only if they specifically apply to the work you’re to do. Your photo is not required and is generally left out unless your appearance is a prime aspect of the job. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Government’s Poor Business Antics

                  

According to some, government can outperform “corrupt capitalists.” And we have the perfect example to show  how government manages..

                       

General Motors decided to close dealerships after the government took it over. Closed dealers contacted their congressmen and senators, and the orders were then mostly rescinded, by political influence. Valid business decisions became arbitrary decisions. The exact opposite the administration promised would never happen, when it took over GM control.

                       

Politicians need voters; they cater to voter pressures. That means private industry employees will lose out to political influences over time.

           

Business people need profits and do what they must to get them, or they go bankrupt. Bankruptcy resolves problems. Otherwise difficulties fester for years at taxpayer expense, as they do under government control.(See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Police and Fireman Are Often Political Pawns

                 

Politicians, beholden to government unions for political funding and patronage, have a way of cutting spending.

                       

It’s a favorite resort if you are going to spite those greedy taxpayers who refuse to keep paying salaries and benefits to those who earn more than they do.

                       

The political payback? Lay off or fire the cops and firemen or let the prisoners out of jail.

There are other solution: In a society where the kids are getting dumber each year and only a third are educationally prepared to go to college, why do average class sizes have to remain at about 20 or so students? The small classes are not working.  Why not 40 kids in a class? It was in my youth, and the kids were smarter and better behaved.

                       

The larger class size with astute teachers would save sufficient educational outlay, while keeping cops, firemen, and criminal vigilance intact.(See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)

Why Teach Ethics in M.B A Studies?

              

Graduate schools who specialize in high-priced M.B.As go out of their way to be politically correct and fashionable. To do so while charging exorbitant fees, they teach ethics.

                       

In fact, the MBA schools are going out of their way to teach ethics in return for the obscenely, unconscionably high tuition they charge.

                       

Why not teach the subject in high school and undergraduate college? It’s too late to bother if the graduate student has to be taught ethics.(See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)