Wednesday, November 12, 2008

Thought For The Day

Pearls Of Wisdom Spontaneously Emanating From My Bodily Orifices...


Rule #2: Build your company big enough, and with the winking aid of a willing government proceed to produce a product the populace believes that they "need" to continue living and breathing, and said government will bend over backwards and throw infinite amounts of money at you when you TOTALLY SCREW UP AS MANAGERS AND A BOARD OF DIRECTORS threaten to go bankrupt.

(see news stories covering "mortgage crisis", "financial meltdown on Wall Street", and now the plight of American Auto Makers.)


Corollary #1 (See Rule #2 above): If you produce a product the populace just wants (like $150 tennis shoes or Bluetooth or satellite radio or HD TV's) instead of "needs" (like cars or gasoline or their own $350,000 house on a $50,000 salary), you better not count on the government to do anything for you except what the US Constitution allows and then they might take a backhoe and dig a pit to bury your bleached bones when the vultures get through picking through your remains.

(you think that if Mozilla/Firefox or Apple's stock went down the crapper tomorrow Pelosi, Reid, Frank, et. al would give any more of a damn than when Virgil Rogers' company called "Industrial Energy Systems" hit the skids in the late 1990's?)

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