Billions Lost

It seems that the global economic downturn has even made paupers out of billionaires. Here is a top list, compiled by Forbes, of billionaire who lost billions of dollars from their net worth over the last year.

  • Anil Ambani (was worth: $42 billion/current worth: $12 billion)
  • Oleg Deripaska ($28 billion/$10 billion)
  • Bjorgflur Gudmundsson ($1.1 billion/$0)
  • Luis Portillo ($1.2 billion/$15 million)
  • David Ross ($1.4 billion/$150 million)
  • Tulsi Tanti ($3 billion/$500 million)
  • Wong Kwong Yu ($3.5 billion/$2.5 billion)
  • Larry Yung ($3 billion/$750 million)
  • Konstantin Zhevago ($3.4 billion/$350 million)

You can read the full story on Billionaire Blowups of 2008.

Peace in the Middle East

Those involved in the Mid East conflict are not adherents of the Middle Way. To those that cry for ‘peace in the Middle East,’ I say ‘not in our time.’ The Bush administration warned the Palestinians to to stop firing rockets, but continue dying, and perhaps in the afterlife they can attain peace and a homeland. For peace in the Middle East can only be obtained by the total annihilation and submission of their people.

For every bomb Israel drops on the Palestinians equals to one more day in the war, and hate grows with compound interest. You can’t fight a conventional war, with tanks and heat seeking missiles against a people that don’t have land to stand on, don’t have food to feed their children, don’t have medicine to aid their sick, and don’t have an economy to gainfully employee its populace. There is no military honor, personal glory, and divine justice to fight against and crush to their tombs the disillusioned, desperate, and destitute.

Some defend themselves with tooth and nail, and others with armored vehicles and laser guided missiles. A man that walks into a bus strapped with a bomb is not a martyr, nor is he is a terrorist, he is a desperate soldier in a lost war. The terrorist is he that drops down hundreds of tons of bombs down on towns as it if they where rain drops, and the martyrs are those children dead.

Israel will never allow Palestine, and Lebanon for that matter, to flourish, it will prevent at all costs for its neighbors to grow economically, and it will disrupt any develop into a self sustained independent statehood. Israel feels secure by making those around it insecure, it wants to build a modern society amongst the ruins of those around it, and it wants to redeem and avenge the Holocaust with a long drawn out trans-generational genocide. The Israeli government has drawn out the Final Solution of the Palestinian Question.

Marketing Hall of Fame

Entrepreneur, January 2009 edition, has a nice compilation of the best use of marketing. I definitely have to agree on some of there selections, such as the following top five…

  • Best Contest: Nathan’s Famous Hot Dog Eating Contest
  • Best Slogan: Got Milk?
  • Best Jingle: NBC Jingle
  • Best Logo: Nike Swoosh
  • Best use of Outdoor Advertising: The Goodyear Blimp

Keep Your Eyes on the Franchise

Franchise allow you to be your own boss while using an establish business plan. Entrepreneur magazine recently released their 30th Annual Franchise 500 list. According to the 2008 Franchise 500 list, the top 10 franchises are the following…

  • Subway
  • McDonald’s
  • Liberty Tax Service
  • Sonic Drive In
  • Intercontinental Hotels Group
  • Ace Hardware
  • Pizza Hut
  • The UPS Store/Mail Boxes Etc.
  • Circle K
  • Papa John’s

The fastest growing franchises are in commercial cleaning, fitness, and eateries. The top ten fastest growing franchises are…

  • Jan-Pro Franchising Int’l Inc.
  • Subway
  • Instant Tax Service
  • Stratus Building Solutions
  • Snap Fitness Inc.
  • Dunkin’ Donuts
  • Jazzercise, Inc
  • Bonus Building Care
  • Anytime Fitness
  • Vanguard Cleaning Systems

First They Laidoff…

Here is a modern economic crisis edition of the poem First They Came…

They laid off first the unskilled workers, and I did nothing because I wasn’t unskilled.
Then they trimmed the manual laborers, and I did nothing because I wasn’t a manual laborer.
Then they outsourced the blue collar worker, and I did nothing because I wasn’t a blue collar worker.
Then they cut back the middle management, and I did nothing because I wasn’t a middle manager.
Then they slashed the knowledge workers, and I did nothing because I wasn’t a knowledge worker.
Then the shutdown without giving the remaining employees any benefits because Bank of America refused to extend a line of credit to the company, and by that time no one was left to do anything since they where all collecting unemployment.