September 29, 2009 by Joe Lawrence
Recently, sources have revealed investors are dumping large amounts of money into Twitter. There has been much speculation and rumors that Twitter.com could be prepping for an IPO. Why else would companies dump $100 million into a company with zero revenue?
According to Bloomberg.com, the company is believed to be valued at $1 billion. The only rationale for valuing the company this high is if they are ready to unleash a massive revenue plan or if they are going public. Either strategy would require some type of plan to make some money for this social media company. The traffic is there...
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August 19, 2009 by Ronald A. Rowe
It's the Law of Unintended Consequences. Whenever the government intervenes in the market, no matter how pure their motives, there is an unplanned result. This unplanned result, which may be instead of or in addition to the intended result, is almost always negative.
Enter the Cash for Clunkers program. Your Uncle Sam is gravely concerned about your gas guzzling old automobile. He wants you to buy a new, fuel efficient car. Uncle Sam is so concerned that he's willing to give you $4500 toward the purchase of a new car in exchange for your worthless old junker.
That's good, right? Good for you,...
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July 28, 2009 by Ronald A. Rowe
The twenty-five richest people in America have a minimum net worth of $12 billion each. Bill Gates, Microsoft founder and all around uber-genius tops the list with $57 billion. Warren Buffett comes in a relatively close second at $50 billion. Then there follows a significant drop off both in terms of dollars and name recognition.
The money is staying in the family, with a number of second generation billionaires on the list. Four of the top six are members of the Walton family (the Wal-Mart Waltons, that is). The Koch brothers, of whom you've probably never heard, are tied for ninth...
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July 15, 2009 by Ronald A. Rowe

It’s bonus time again at AIG. America’s favorite charity, to which we gleefully contributed $180 billion, is set to hand out bonuses to 40 of their best go-getters. Unlike the gargantuan payouts of a few months ago, this is a paltry $2.4 million in bonus money.
It doesn’t seem like all that much, unless you consider that $2.4 million divided by just 40 employees means that these guys will be taking home a cool sixty grand a piece, on top of their regular salary. $60,000 is more than a lot of people make in a year. Let me take it one...
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July 8, 2009 by Ronald A. Rowe

The economy is... not good. I know it; you know it. If it weren't evident by our personal and business bottom lines, you can't help but be bombarded by stories on the news of businesses closing, banks foreclosing on homes, and people out of work. Things are bad all over.
Well, maybe not everywhere, it turns out. Hollywood, so disconnected from the real world of fly over country, seems to be doing just fine. Movie theater attendance is on a record setting pace. Consider how well Hollywood could be doing if they put out any decent movies this year (Star Trek...
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