Lion of the Blogosphere

Archive for the ‘Business’ Category

Fired for using “N-word”

with 10 comments

When you read the headline that the chief of public relations for Netflix was fired for using a bad word, you may have assumed he referred to black people or a specific a person as a n*****. But no, that’s not what happened at all.

At an internal meeting about forbidden words, instead of saying “the N-word,” Mr. Friedland slipped up and said the actual word.

And his other transgression is that three months later, at a meeting with black employees, he didn’t mention the incident at all! The complaint was that he ignored the issue instead of properly groveling and apologizing.

Here is the key quote from the memo written by the CEO:

For non-Black people, the word should not be spoken as there is almost no context in which it is appropriate or constructive (even when singing a song or reading a script). There is not a way to neutralize the emotion and history behind the word in any context. The use of the phrase “N-word” was created as a euphemism, and the norm, with the intention of providing an acceptable replacement and moving people away from using the specific word. When a person violates this norm, it creates resentment, intense frustration, and great offense for many.

Meanwhile, ghetto black people use the word all the time. Living in Manhattan, occasionally I pass by some ghetto blacks on the subway or on the streets, and they rarely speak a single sentence without that word in it.

Written by Lion of the Blogosphere

June 23, 2018 at EDT pm

Posted in Business

People buying vacations on credit

with 57 comments

Article at Marketwatch about new finance companies like Affirm which allow people to buy all sorts of crap they don’t need on installment plans, with usurious rates of interest.

The article provide a quote from a “financial expert”:

Still, financing a vacation is “a terrible idea all around,” Podnos said. “It’s one thing to finance your education or home purchase, or even a car purchase in some situations … but to finance a vacation is to me just insane. If you can’t afford to pay for your vacation out of cash on hand, don’t take a vacation.”

But it doesn’t go far enough. This is why we need laws against usury. Not only to protect the proles from themselves, but too many proles leveraged up to their eyeballs increases the riskiness of the entire economy and can lead to severe recessions or even depressions. And that’s true even when proles lever up to buy more worthwhile long-term assets like houses and college degrees. Well, a college degree isn’t an asset because it can’t be sold.

This is an example of where the libertarian model of economics fails.

Written by Lion of the Blogosphere

June 21, 2018 at EDT am

Posted in Business, Economics, Proles

Tourism is bad for the world

with 46 comments

Tourism is blamed for:

1. Beach erosion
2. Garbage beyond what small tourist communities are able to handle
3. Destruction of local eco-systems, rainforests, mangroves
4. The unsightliness of huge cruise ships
5. Makes housing unaffordable for local residents, even resulting in homelessness
6. Eviction of indigenous peoples
7. Damage to ancient structures and archeological sites

And the article doesn’t even mention all of the fossil fuels that are burned up by airplane flights.

Written by Lion of the Blogosphere

June 13, 2018 at EDT pm

Posted in Business

Would you eat a burger at IHOb?

with 28 comments

Why not? They are probably better than the burgers at crappy diners in Staten Island.

And by the way, it was just a publicity stunt, they aren’t really changing the name of the entire chain, just a few token locations.

Written by Lion of the Blogosphere

June 11, 2018 at EDT am

Posted in Business

The end of IHOP

with 34 comments

It’s now IHOb.

No, it’s not Abril first.

Written by Lion of the Blogosphere

June 7, 2018 at EDT pm

Posted in Business

The world’s biggest toy store is Walmart

Toys R Us is/was so 1970s. Walmart is king in bricks and mortar, although I never personally shopped at a Walmart.

Will any other retailers rent their spaces? Or will this lead to even more abandoned strip malls?

Written by Lion of the Blogosphere

March 16, 2018 at EDT pm

Posted in Business

Bloomberg radio hates Trump

They have always hated him, but this morning the hate was piled on extra heavy because they hate tariffs on steel and aluminum imports.

Written by Lion of the Blogosphere

March 2, 2018 at EDT am

Posted in Business, Uncategorized

Liberal corporations against guns

I’ve been saying for a long time that big corporations are liberal, but I’ve had a hard time getting through to conservatives. Conservatives in Congress just gave big corporations a MASSIVE tax cut, and now corporations are returning the favor by going publicly anti-gun.

(Although I agree that pro-gun people are dumb proles, it would be wiser for big corporations to stay out of controversial issues, but we see that big corporations are willing to lose a few customers in order to feel virtuous.)

* * *

To expound on an issue in the comments, yes, every corporation has a spiel on their website about diversity. Conservative blog commenters believe that this is just something they have to say to avoid lawsuits, and secretly the people running the corporation believe in HBD.

For a long time I’ve disagreed with that viewpoint. I’ve tried to explain that corporate management has actually drunk the liberal Kool-Aid and they believe in that stuff.

I’ve also tried to explain that once a corporation reaches monopoly status, it can be run by a bunch of morons and still make a profit.

Written by Lion of the Blogosphere

March 1, 2018 at EDT am

Posted in Business, Politics

Companies would profit from getting rid of their unprofitable customers

SJW-type op-ed writer in NY Times is outraged that companies treat poor customers differently.

The real story is that a lot of businesses have a bunch of barely-profitable customers. That’s certainly true for airlines who have a very large number of price-tiers for the same seats. When less profitable customers are problem customers, they almost always become unprofitable customers that cost the company money, and the company would be better off without them.

There’s an 80/20 principle here. It’s likely that something like 80% of profits come from 20% of customers. The bottom 80% customers aren’t that useful.

The real question is why don’t more companies tell their unprofitable customers to take a hike?

The answer is that they don’t trust their low-level employees to make decisions like that. They figure the low-level employees are not competent to have that kind of authority, and they’d wind up giving the boot to profitable customers. Or maybe they want to avoid bad publicity.

Written by Lion of the Blogosphere

April 11, 2017 at EDT pm

Posted in Business

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