Mumbai Mirror photographer - I wish I had a gun

November 29, 2008

These are the words of Sebastian D’Souza, a picture editor at the Mumbai Mirror, who ran towards the Chhatrapati Shivajo train station in Mumbai when he heard gunfire on Wednesday. D’Souza took one of the most popular photographs - with a telephoto lens - of one of the terrorists as he calmly walked through the rail station.

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Senators can filter information on their own, presidents can not

November 26, 2008

I’m asking the question since Obama wants to keep his Blackberry so he can “break through the isolation” of the White House. This is one of the issues I knew would come up since Obama has no management or executive leadership experience.

Whether a the CEO of a corporation or the president of the United States, you need to have top-notch people surrounding you to ensure they filter information forwarded to you appropriately. Your time is very valuable.

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Does our government trade with Japan?

November 26, 2008

The short and correct answer is no, and our government does not trade with any other country either. Walter Williams offers us a timely lesson today since Congress, talk radio and the nation is discussing the proposed bailout of the nations big three automakers.

I’m not sure if GM, Ford and Chrysler really make up the nations big three anymore, but I do know that when we recently purchased a Toyota, we worked with a dealer - not the United States or Japanese government.

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Small banks wondering what they did wrong

November 25, 2008

Citibank is a big bank, one of those companies that are just too big to fail. When the government steps in to help a single bank - like Citibank - with an infusion of $20 billion in cash and more than $300 billion in loan guarantees, you’ve got to wonder how Citi’s competitors feel about all of this.

Let’s say you ran a small business the right way, with a solid business plan, focused leadership and sound financial principals. A large competitor in town is failing, and the government is going to provide them with some cash and guaranteed loans to help them out. How does that change your business model?

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State legislatures really know how to lead

November 21, 2008

Early this week, I wrote about how corporate leaders were changing their business plans to take advantage of government handouts. Everyone is getting in line, and you really can’t blame them for doing so. If they don’t come and ask for the cash, someone else will.

Word from Malkin that a local department store is asking for a bailout and the Pennsylvania state legislature wants them to have it. At the same time, they are accepting their COLA pay raise this year.

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