Archive for the ‘business’ Category

Voices of Main Street: Mike Forte

Posted: August 28, 2010 by datechguy in business, short films/interviews
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Mike Forte hosted gubernatorial candidate Charlie Baker in his shop Forte’s Parts connection, however when I interviewed him there we didn’t talk politics we talked shop:

If you want a better perspective on how the economic climate has effected his business, the Framingham Tab profiled him in January.

“Trips and expensive cars — they’re the first to go,” he said. “Since 2006 I’ve been feeling it, but since autumn 2008 we’re off by about a third.”

“I’ve cut back everything,” he said. “I’ve been getting killed.”

Forte isn’t alone in his struggles.

This has been a difficult year for small businesses. In the first quarter, according to the Bureau of Labor Statistics, more than 400,000 businesses with fewer than 100 employees ceased operations, eliminating one million jobs. Some experts are describing 2009 as perhaps the worst year for small business since the Great Depression.

As they say, read the whole thing.

This president has no business experience…

Posted: August 22, 2010 by datechguy in business
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…but his cronies apparently can sink a bank with the best of em.:

Hmmm. Feds moved to shut down Obama crony bank ShoreBank today, but it’s not really going away

Now one more bank failing is not news, but doesn’t it strike you as odd that so many taxpayer bailed out companies are so anxious to do a favor to this particular bank that is shall we say “connected”?

You know if you are a business it’s nice to have a friendly reputation but it’s even nicer to have a reputation for success.

On Morning Joe: Lets go get BP!

Posted: June 2, 2010 by datechguy in business, opinion/news
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On Morning Joe today they are going the whole “Bring them to justice” mode.

Everybody seems to be acting as if BP was just dying to release oil into the Gulf, but what really annoys me is the suggestion that BP isn’t trying to fix this.

Does anyone seriously doubt that from Day 1 BP has been trying to plug and/or stop that leak. Is there anyone who seriously thinks that they WANT oil spilling into the gulf?

Naturally there are going to be lawyers and suits and that is a cost of doing business, that’s cool. When you get you get the type of accident that happens once every two generations like this one is going to be expensive, that’s cool and fair but lets not forget that the goal isn’t to break the company, lose the energy it produces or the jobs it creates.

Actually that is a goal for some but it shouldn’t be a goal for us.

Update: The Anchoress Tweets along those lines:

Good thing about BP Oil Spill: it’s got Obama talking about “jobs.” I wonder how many will lose jobs w/ drilling stopped?

Yup that’s it.

There is one thing that I’ve notcied about very rich people

Posted: May 28, 2010 by datechguy in business, opinion/news
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They have lots of mobility:

New York Assembly Speaker Sheldon Silver is reportedly pitching a plan for an increased “millionaire’s tax” aimed at 75-85 thousand New Yorkers making $1 million or more a year.

And for those brokers who don’t move, consider this. The top earner types among brokers will demand pay raise to maintain their levels of income, their firms will achieve this by raising fees. The Result? This will turn into a tax on stockholders no matter where they live.

WTG New York

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