<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" media="screen" href="/~d/styles/rss2full.xsl"?><?xml-stylesheet type="text/css" media="screen" href="http://feeds.feedburner.com/~d/styles/itemcontent.css"?><rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" version="2.0">

<channel>
	<title>Capitalist Banter</title>
	
	<link>http://www.capitalistbanter.com</link>
	<description />
	<pubDate>Mon, 29 Jun 2009 02:27:28 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.7.1</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" href="http://feeds.feedburner.com/CapitalistBanter" type="application/rss+xml" /><feedburner:emailServiceId>CapitalistBanter</feedburner:emailServiceId><feedburner:feedburnerHostname>http://feedburner.google.com</feedburner:feedburnerHostname><feedburner:browserFriendly></feedburner:browserFriendly><item>
		<title>L’Oreal and racial discrimination</title>
		<link>http://www.capitalistbanter.com/2009/06/management/loreal-and-racial-discrimination/</link>
		<comments>http://www.capitalistbanter.com/2009/06/management/loreal-and-racial-discrimination/#comments</comments>
		<pubDate>Mon, 29 Jun 2009 02:27:28 +0000</pubDate>
		<dc:creator>Jon</dc:creator>
		
		<category><![CDATA[Careers]]></category>

		<category><![CDATA[Lifestyle]]></category>

		<category><![CDATA[Management]]></category>

		<category><![CDATA[beauty]]></category>

		<category><![CDATA[discrimination]]></category>

		<category><![CDATA[L'Oreal]]></category>

		<guid isPermaLink="false">http://www.capitalistbanter.com/?p=853</guid>
		<description><![CDATA[L&#8217;Oreal is one of the top cosmetics companies in the world. The French company owns a wide range of brands &#8212; Shue Uemura, Maybelline, Lancome, Kiehl&#8217;s and Garnier. L&#8217;Oreal is a big player in the cosmetics industry so it goes without saying anything it does will be closely scrutinized. And, let&#8217;s face it, in a [...]<p><a href="http://sharethis.com/item?&#038;wp=2.7.1&#38;publisher=e306175d-a05a-48b7-a2ce-571fcbf1ccb0&#38;title=L%26%238217%3BOreal+and+racial+discrimination&#38;url=http%3A%2F%2Fwww.capitalistbanter.com%2F2009%2F06%2Fmanagement%2Floreal-and-racial-discrimination%2F">ShareThis</a></p>]]></description>
			<content:encoded><![CDATA[<p>L&#8217;Oreal is one of the top cosmetics companies in the world. The French company owns a wide range of brands &#8212; Shue Uemura, Maybelline, Lancome, Kiehl&#8217;s and Garnier. L&#8217;Oreal is a big player in the cosmetics industry so it goes without saying anything it does will be closely scrutinized. And, let&#8217;s face it, in a business as shallow as beauty, you&#8217;d think it will be easy to avoid certain pitfalls. Unfortunately, the guys at L&#8217;Oreal are too engrossed on what they consider as &#8220;beauty&#8221; that they don&#8217;t even realize these pitfalls even if it&#8217;s already staring them in the face.</p>
<p>Just recently, L&#8217;Oreal was found guilty of racial discrimination by the French Supreme Court. The conviction stems from the company&#8217;s policy that Garnier sales staff should be &#8220;bleu, blanc, rouge&#8221; &#8212; the colors of the French flag but also the company&#8217;s code for white French people. What were they thinking? That people won&#8217;t likely buy lipstick from a person who&#8217;s not white? It&#8217;s just stupid beyond words. How can they even think their bottomline can be affected by the ethnicity of the sale staff. I want to buy hairgel, I won&#8217;t care if the salesperson&#8217;s from Mars, okay, I probably would, but only in so much as I&#8217;d want to strike up a conversation with a person from another planet. </p>
<p>In this day and age, it&#8217;s quite shocking that a company as progressive as L&#8217;Oreal would still propagate discrimination. It just reeks of bad taste offensiveness. I mean, the French has been described as rude and aloof but, I don&#8217;t believe they&#8217;re racist. L&#8217;Oreal is giving the French people a bad reputation. </p>
<p>Come on, L&#8217;Oreal guys! I think you know that beauty is not just skin deep. Merde!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.capitalistbanter.com/2009/06/management/loreal-and-racial-discrimination/feed/</wfw:commentRss>
		</item>
		<item>
		<title>China and its “fake” industry</title>
		<link>http://www.capitalistbanter.com/2009/06/investing/china-and-its-fake-industry/</link>
		<comments>http://www.capitalistbanter.com/2009/06/investing/china-and-its-fake-industry/#comments</comments>
		<pubDate>Tue, 23 Jun 2009 14:35:09 +0000</pubDate>
		<dc:creator>Jon</dc:creator>
		
		<category><![CDATA[Investing]]></category>

		<category><![CDATA[Rant]]></category>

		<category><![CDATA[Technology]]></category>

		<category><![CDATA[China]]></category>

		<category><![CDATA[clones]]></category>

		<category><![CDATA[counterfeit]]></category>

		<guid isPermaLink="false">http://www.capitalistbanter.com/?p=850</guid>
		<description><![CDATA[
A friend of mine recently showed me the infamous HiPhone &#8212; the China-made iPhone clone that you just have to see to believe. It may not have the newfangled technologies that Apple&#8217;s iPhone may have but the HiPhone&#8217;s manufacturer really did a good job of imitating the whole look of Apple&#8217;s Jesus Phone. It will [...]<p><a href="http://sharethis.com/item?&#038;wp=2.7.1&#38;publisher=e306175d-a05a-48b7-a2ce-571fcbf1ccb0&#38;title=China+and+its+%26%238220%3Bfake%26%238221%3B+industry&#38;url=http%3A%2F%2Fwww.capitalistbanter.com%2F2009%2F06%2Finvesting%2Fchina-and-its-fake-industry%2F">ShareThis</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.capitalistbanter.com/wp-content/uploads/2009/06/adid-300x225.jpg" alt="adid" title="adid" width="300" height="225" class="alignright size-medium wp-image-851" /><br />
A friend of mine recently showed me the infamous HiPhone &#8212; the China-made iPhone clone that you just have to see to believe. It may not have the newfangled technologies that <a href="http://www.apple.com">Apple&#8217;s iPhone</a> may have but the HiPhone&#8217;s manufacturer really did a good job of imitating the whole look of Apple&#8217;s Jesus Phone. It will really dupe anyone especially seen from afar. </p>
<p>Which brings me to the whole point of this post. We all know that China is the world hub for imitation goods. Name the fake item and most likely it was manufactured in China. I think it would even be fair assumption that the whole underground economy of the country is firmly entrenched in bogus and fake goods. But what most people fail to realize that manufacturing counterfeit goods actually have a far more significant effect than just fueling China&#8217;s underground economy and the proliferation of fakes around the world. By reverse engineering all sorts of stuff, the Chinese are actually learning what makes each quality item tick, what makes it expensive and ultimately be able to actually learn the skills to manufacture something just as good (if not better, in the most extreme circumstances). I respectfully submit that this thriving industry of fakes is going to be the real force that will make China the undisputed world economic power. </p>
<p>Why do I say this? Well, it&#8217;s simple. What would stop the Chinese from actually learning the secrets and taking advantage of the technology transfer that happens when a big manufacturing company transfers its operations to China? What would prevent them, for example, to learn the ropes of aircraft manufacture from established leaders like Boeing and Airbus if these are contracted to Chinese factories? I won&#8217;t be surprised if, in a decade or two, we&#8217;ll start seeing Boing 868s and AirTaxi B400s flying the friendly skies.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.capitalistbanter.com/2009/06/investing/china-and-its-fake-industry/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Capitalists, health systems and the prisons</title>
		<link>http://www.capitalistbanter.com/2009/05/rant/capitalists-health-systems-and-the-prisons/</link>
		<comments>http://www.capitalistbanter.com/2009/05/rant/capitalists-health-systems-and-the-prisons/#comments</comments>
		<pubDate>Wed, 27 May 2009 08:01:28 +0000</pubDate>
		<dc:creator>Jon</dc:creator>
		
		<category><![CDATA[Rant]]></category>

		<category><![CDATA[health]]></category>

		<category><![CDATA[TV]]></category>

		<guid isPermaLink="false">http://www.capitalistbanter.com/?p=846</guid>
		<description><![CDATA[I was working late last night and since I was getting sleepy, I decided to turn the TV on to break the silence that was beginning to lull me to sleep. The program that caught my attention was a relatively old episode of Lockdown. For those of you who don&#8217;t know this program, it&#8217;s a [...]<p><a href="http://sharethis.com/item?&#038;wp=2.7.1&#38;publisher=e306175d-a05a-48b7-a2ce-571fcbf1ccb0&#38;title=Capitalists%2C+health+systems+and+the+prisons&#38;url=http%3A%2F%2Fwww.capitalistbanter.com%2F2009%2F05%2Frant%2Fcapitalists-health-systems-and-the-prisons%2F">ShareThis</a></p>]]></description>
			<content:encoded><![CDATA[<p>I was working late last night and since I was getting sleepy, I decided to turn the TV on to break the silence that was beginning to lull me to sleep. The program that caught my attention was a relatively old episode of <a href="http://en.wikipedia.org/wiki/America%27s_Hardest_Prisons">Lockdown</a>. For those of you who don&#8217;t know this program, it&#8217;s a series that features the notorious prisons all throughout America. You get a sobering look at the penal system, the violent prisoners that inhabit these prisons and the prison employees that try to keep things in order. </p>
<p>In last night&#8217;s episode, one of the inmates got imprisoned for luring a man and then beating him to death. Apparently, the prisoner, along with two other people, beat up the man in order to steal money for AIDS medicine. It was quite a chilling case, made more chilling because the inmate refuses to go out of his cell for fear that the prison is not a safe place for him. There are a lot of ironies here that are just too many to mention. But in this present economic climate, one can&#8217;t help but think about the people who do not have the support system or the capabilities to keep themselves afloat as the whole world tries to weather through the crisis. Hopefully the health system all over the world will not be affected as much because sick people really need help. And no amount of &#8220;kissing the boo-boo&#8221; will help really ill people. </p>
]]></content:encoded>
			<wfw:commentRss>http://www.capitalistbanter.com/2009/05/rant/capitalists-health-systems-and-the-prisons/feed/</wfw:commentRss>
		</item>
		<item>
		<title>What Cannes you do? Film industry also suffers from bad economy</title>
		<link>http://www.capitalistbanter.com/2009/05/investing/what-cannes-you-do-film-industry-also-suffers-from-bad-economy/</link>
		<comments>http://www.capitalistbanter.com/2009/05/investing/what-cannes-you-do-film-industry-also-suffers-from-bad-economy/#comments</comments>
		<pubDate>Thu, 14 May 2009 04:19:35 +0000</pubDate>
		<dc:creator>Jon</dc:creator>
		
		<category><![CDATA[Investing]]></category>

		<category><![CDATA[Cannes]]></category>

		<category><![CDATA[film industry]]></category>

		<guid isPermaLink="false">http://www.capitalistbanter.com/?p=843</guid>
		<description><![CDATA[The Cannes Film Festival has become synonymous with with the glitz, glitter and excess money that the movie industry has been known for. 
But this year, it looks like Cannes is also going through its own belt tightening measures to reflect the crisis that has cast a pall on the world economy. It&#8217;s safe to [...]<p><a href="http://sharethis.com/item?&#038;wp=2.7.1&#38;publisher=e306175d-a05a-48b7-a2ce-571fcbf1ccb0&#38;title=What+Cannes+you+do%3F+Film+industry+also+suffers+from+bad+economy&#38;url=http%3A%2F%2Fwww.capitalistbanter.com%2F2009%2F05%2Finvesting%2Fwhat-cannes-you-do-film-industry-also-suffers-from-bad-economy%2F">ShareThis</a></p>]]></description>
			<content:encoded><![CDATA[<p><div id="attachment_844" class="wp-caption alignright" style="width: 310px"><img src="http://www.capitalistbanter.com/wp-content/uploads/2009/05/borat_swimsuit_cannes-300x226.jpg" alt="Borat reflects the more austere fashions of cash-strapped Cannes" title="borat_swimsuit_cannes" width="300" height="226" class="size-medium wp-image-844" /><p class="wp-caption-text">Borat reflects the more austere fashions of cash-strapped Cannes</p></div><br />
The <a href="http://www.festival-cannes.com/">Cannes Film Festival</a> has become synonymous with with the glitz, glitter and excess money that the movie industry has been known for. </p>
<p>But this year, it looks like Cannes is also going through its own belt tightening measures to reflect the crisis that has cast a pall on the world economy. It&#8217;s safe to say that the business of entertainment is tiptoeing through this crisis just like other businesses. </p>
<p>Advance bookings for the film festival shows that there is a 15 percent drop in attendance. What this means is that there will be far fewer distributors on the lookout for films to buy and far fewer investors who would want to put their money on a movie &#8212; stocks in trade of the whole Cannes festival. </p>
<p>Things have become so surreal that Steven Spielberg is practically panhandling looking for investors for the now independent Dreamworks Studios, one of the more successful movie companies in Hollywood. Just the thought of Spielberg &#8212; arguably the most successful director in Hollywood history &#8212; begging for spare million dollars from investors sends shivers up my spine.</p>
<p>Because of the still bleak economic outlook, Hollywood is now adapting by lowering film budgets, down to 20 percent in some cases. This could mean Michael Bay may have to limit the cars he destroys in his next action movie from 60 to just 50 &#8212; the horror! But more alarming though is that there may be movies that may not see the light of day because the projected returns may not just be worth it. For this, the real losers are the art films and the independents that already make do with minuscule budgets and non-mainstream appeal. </p>
<p>Art does suffer during an economic crisis.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.capitalistbanter.com/2009/05/investing/what-cannes-you-do-film-industry-also-suffers-from-bad-economy/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Bailout and Chrysler - Capitalism at its Best</title>
		<link>http://www.capitalistbanter.com/2009/04/investing/bailout-and-chrysler-capitalism-at-its-best/</link>
		<comments>http://www.capitalistbanter.com/2009/04/investing/bailout-and-chrysler-capitalism-at-its-best/#comments</comments>
		<pubDate>Thu, 30 Apr 2009 06:12:06 +0000</pubDate>
		<dc:creator>Jon</dc:creator>
		
		<category><![CDATA[Headlines]]></category>

		<category><![CDATA[Investing]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.capitalistbanter.com/?p=838</guid>
		<description><![CDATA[Chrysler tries to beat total collapse by getting aid from the government in the form of $4 Billion dollars last January is again getting protection with the blessing of the White House by filing for bankruptcy. The globally charismatic President Obama whom people simply cannot get enough of carries a sense of something everywhere he [...]<p><a href="http://sharethis.com/item?&#038;wp=2.7.1&#38;publisher=e306175d-a05a-48b7-a2ce-571fcbf1ccb0&#38;title=Bailout+and+Chrysler+-+Capitalism+at+its+Best&#38;url=http%3A%2F%2Fwww.capitalistbanter.com%2F2009%2F04%2Finvesting%2Fbailout-and-chrysler-capitalism-at-its-best%2F">ShareThis</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.capitalistbanter.com/wp-content/uploads/2009/04/043009-300x110.jpg" alt="043009" title="043009" width="300" height="110" class="aligncenter size-medium wp-image-841" />Chrysler tries to beat total collapse by getting aid from the government in the form of <a href="http://www.mg.co.za/article/2009-01-03-chrysler-gets-4billion-us-government-loan">$4 Billion dollars</a> last January is again getting protection with the blessing of the White House by filing for <a href="http://www.nytimes.com/2009/05/01/business/01auto.html?_r=1">bankruptcy</a>. The globally charismatic President Obama whom people simply cannot get enough of carries a sense of something everywhere he goes, call it charisma or call it the change he is promoting in the government but many favor his style, well not all. There will always be detractors for as the eternal<span id="more-838"></span> battle between the Democrats and Republicans, there&#8217;s always two sided to a coin. The world of politics is again getting shaken up by the moves of the President to bolster and support the deal Chrysler and its foreign partners which sadly failed to meet the government&#8217;s standards is still getting support, too much support according to some political analysts that the president may be over-extending his powers over corporate matters.<br />
In another bizarre yet annoying fact, most Americans are getting clean cold cash, $400 for singles and $800 for couples this year as part of the economic stimulus, that&#8217;s the good news. Now here&#8217;s the annoying part, you better be paying the IRS enough taxes of they&#8217;d be wanting a <a href="http://finance.yahoo.com/news/INSIDE-WASHINGTON-Rude-apf-15091434.html?.v=1">huge chunk of this cold cash</a> next time you pay your taxes. Yep, there is a certain need for information dissemination that may have to be rolled out for this one for not much (if anybody at all) know of the said problem that may arise should you fail to know what you have to do. Even we were amazed at the news and if it weren&#8217;t for the breaking news we wouldn&#8217;t have known about it. Now That&#8217;s the capitalist mind at work, better check your tax records, you maight just end up paying the IRS more than you think you have to!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.capitalistbanter.com/2009/04/investing/bailout-and-chrysler-capitalism-at-its-best/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Capitalist Blunders from the UK and US</title>
		<link>http://www.capitalistbanter.com/2009/04/management/capitalist-blunders-from-the-uk-and-us/</link>
		<comments>http://www.capitalistbanter.com/2009/04/management/capitalist-blunders-from-the-uk-and-us/#comments</comments>
		<pubDate>Sun, 26 Apr 2009 05:25:02 +0000</pubDate>
		<dc:creator>Jon</dc:creator>
		
		<category><![CDATA[Headlines]]></category>

		<category><![CDATA[Management]]></category>

		<category><![CDATA[Marketing]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.capitalistbanter.com/?p=834</guid>
		<description><![CDATA[Talk about the lack of control and forward thinking, in the UK, health officials released a drug-dependent schizophrenic on the grounds that his out-patient treatment would be monitored by health servicemen that just didn&#8217;t happen. The outcome, the drug-laden man goes on a rampage eventually killing a police officer in the process before being stopped [...]<p><a href="http://sharethis.com/item?&#038;wp=2.7.1&#38;publisher=e306175d-a05a-48b7-a2ce-571fcbf1ccb0&#38;title=Capitalist+Blunders+from+the+UK+and+US&#38;url=http%3A%2F%2Fwww.capitalistbanter.com%2F2009%2F04%2Fmanagement%2Fcapitalist-blunders-from-the-uk-and-us%2F">ShareThis</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.capitalistbanter.com/wp-content/uploads/2009/04/042609.jpg" alt="042609" title="042609" width="312" height="187" class="aligncenter size-full wp-image-835" />Talk about the lack of control and forward thinking, in the UK, health officials released a <a href="http://www.dailymail.co.uk/news/article-1164439/NHS-blunders-left-cannabis-crazed-schizophrenic-free-stab-policeman-death.html?ITO=1490">drug-dependent schizophrenic</a> on the grounds that his out-patient treatment would be monitored by health servicemen that just didn&#8217;t happen. The outcome, the drug-laden man goes on a rampage eventually killing a police officer in the process before being stopped by other police officers. The man was released to care for himself, expected to take all his necessary medication with NHS people supposedly to go check in on him regularly for progress and evaluation of his case. He misses his scheduled check-ups, eludes health officials who by the way fail to inform the police that a dangerous man is at large which could have gotten him back into custody for his and the general public&#8217;s safety. <span id="more-834"></span>He goes missing, eventually killing Police Constable John Henry. Talk about a failure in the highest regard, these people should have known better and kept constant tabs on him. PC Henry leaves a <a href="http://www.dailymail.co.uk/news/article-462794/Widow-leads-silent-tribute-murdered-PC.html">wife and daughter</a> behind who still calls out daddy when she sees his dad&#8217;s pictures on TV.<br />
In the US, the capitalists in Capitol Hill are seeking to and end to the many <a href="http://www.webofdebt.com/articles/banking-bailout.php">secretive bailout agreements</a> that are struck out of the eyes of the general public who are fuming with anger at rumors that they&#8217;ve been happening <a href="http://www.conference-board.org/articles/atb_article.cfm?id=372">all over</a> all through out the US&#8217;s long history. Information that has leaked shows that bailouts have always been a norm for executive action where the President is given the right to decide whether a company should live or die, falling ill due to it&#8217;s many debts and ill-policy making management. As we&#8217;ve been saying all along, why the hell should bailout&#8217;s be allowed when these people are responsible for their own demise. Take a look at these rich and famous a top executives, who amidst all the economic turmoil still have the guts to take bonuses from bailout funds, talk about a failure!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.capitalistbanter.com/2009/04/management/capitalist-blunders-from-the-uk-and-us/feed/</wfw:commentRss>
		</item>
		<item>
		<title>When the Going Gets Tough, The Capitalists Band Together</title>
		<link>http://www.capitalistbanter.com/2009/04/management/when-the-going-gets-tough-the-capitalists-band-together/</link>
		<comments>http://www.capitalistbanter.com/2009/04/management/when-the-going-gets-tough-the-capitalists-band-together/#comments</comments>
		<pubDate>Sun, 26 Apr 2009 04:46:13 +0000</pubDate>
		<dc:creator>Jon</dc:creator>
		
		<category><![CDATA[Headlines]]></category>

		<category><![CDATA[Lifestyle]]></category>

		<category><![CDATA[Management]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.capitalistbanter.com/?p=827</guid>
		<description><![CDATA[The housing market crash that is currently bringing chaos to the many homeowners who stand to lose their homes even with the ton&#8217;s of bailout money the government is shelling out is far from over. From the idiots at wall street and the banking sector who conjured out home packages that required no collateral to [...]<p><a href="http://sharethis.com/item?&#038;wp=2.7.1&#38;publisher=e306175d-a05a-48b7-a2ce-571fcbf1ccb0&#38;title=When+the+Going+Gets+Tough%2C+The+Capitalists+Band+Together&#38;url=http%3A%2F%2Fwww.capitalistbanter.com%2F2009%2F04%2Fmanagement%2Fwhen-the-going-gets-tough-the-capitalists-band-together%2F">ShareThis</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.capitalistbanter.com/wp-content/uploads/2009/04/042509.jpg" alt="042509" title="042509" width="331" height="146" class="aligncenter size-full wp-image-828" />The <a href="http://patrick.net/housing/crash.html">housing market crash</a> that is currently bringing chaos to the many homeowners who stand to lose their homes even with the ton&#8217;s of bailout money the government is shelling out is far from over. From the idiots at wall street and the banking sector who conjured out home packages that required no collateral to the very top levels of the housing market giants, <a href="http://www.bloomberg.com/apps/news?pid=20601087&#038;sid=aXJXEJ7WLob0&#038;refer=home">Freddie</a> and <a href="http://www.reuters.com/article/topNews/idUKN0645676320080506">Fannie</a> who are two of the biggest players in the housing industry they all benefited from the billions of dollars that the market earned. To make matter worse, all the watchdogs watching the watchdogs all <a href="http://www.hks.harvard.edu/news-events/news/articles/glaeser-housing-markets-feb09">knew this was happening</a> and they simply looked the other way, till the market crashed and everybody started pointing fingers at everybody else.<span id="more-827"></span><br />
Fannie and Freddie are reporting losses in the billions of dollars (as if they didn&#8217;t earn many times that amount) as the housing market crashed taking along the effervescent status symbol that is owning a home of millions of Americans who stand to lose their homes due to the events that transpired against them. Now the government is <a href="http://www.bleedingheartland.com/showDiary.do?diaryId=2021">issuing bailouts</a> as if they were pancakes and who wouldn&#8217;t love free handouts but what about the saying, &#8220;rather than giving out fish, why not teach people how to fish&#8221;. Now the government has a budget deficit in the trillions of dollars and yet people are <a href="http://rismedia.com/2008-10-07/bailout-no-quick-fix-skips-strapped-homeowners-advocates-say/">still losing homes</a>. Now you be the judge and say that that is good governance! Just hope the Federal Government has trillions more for the crisis is still on a rampage!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.capitalistbanter.com/2009/04/management/when-the-going-gets-tough-the-capitalists-band-together/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Underdog Wins Giant Flunks</title>
		<link>http://www.capitalistbanter.com/2009/04/news/underdog-wins-giant-flunks/</link>
		<comments>http://www.capitalistbanter.com/2009/04/news/underdog-wins-giant-flunks/#comments</comments>
		<pubDate>Fri, 24 Apr 2009 04:44:13 +0000</pubDate>
		<dc:creator>Jon</dc:creator>
		
		<category><![CDATA[Headlines]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.capitalistbanter.com/?p=823</guid>
		<description><![CDATA[
The economic crisis has many a companies fighting for survival and yet out of the blue an underdog in the It industry made it big and even managed to post earnings. Apple has managed to post good profits in spite of the economic downturn which may be reason for a former CFO ratting out on [...]<p><a href="http://sharethis.com/item?&#038;wp=2.7.1&#38;publisher=e306175d-a05a-48b7-a2ce-571fcbf1ccb0&#38;title=Underdog+Wins+Giant+Flunks&#38;url=http%3A%2F%2Fwww.capitalistbanter.com%2F2009%2F04%2Fnews%2Funderdog-wins-giant-flunks%2F">ShareThis</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.capitalistbanter.com/wp-content/uploads/2009/04/042409.jpg" alt="042409" title="042409" width="266" height="150" class="aligncenter size-full wp-image-824" /><br />
The economic crisis has many a companies fighting for survival and yet out of the blue an underdog in the It industry made it big and even managed to post earnings. <a href="http://www.cnbc.com/id/18312927">Apple</a> has managed to post good profits in spite of the economic downturn which may be reason for a former CFO ratting out on the company&#8217;s CEO Steve Jobs. They&#8217;ve been at it for a while and it seems that the <a href="http://www.engadget.com/2006/12/28/apple-faked-files-in-steve-jobs-stock-options-scandal/">capitalist mind</a> is hard at work trying to get the better of both of them. The stocks issues and many other financial information that was leaked to the SEC has Jobs in hot water for seemingly unfair stock options in terms of ownership of the company. The truth is out there somewhere yet many questions still have to be addressed <span id="more-823"></span>regarding their true form (maybe the SEC can finally do their job, properly?!?).<br />
<a href="http://cbs4denver.com/business/microsoft.job.cuts.2.914889.html">Microsoft</a> the ever looming giant of the software market that has been forcing people to use their many corporate products for many years is accepting defeat as result of the economic downturn as it releases profit projections that is showing losses (well, you win some you lose some as they say) in their many products which failed forecasts. The software giant has established it&#8217;s place in the IT industry by first bullying it&#8217;s way to the top, pissing everybody else who then came up with many products to rival theirs. Now that the era of the free-ware and open-sourced software has come, they stand to lose a lot of the market they formerly held (on their own) and failure to adapt may spell the end for the software giant. Being the sole representative of capitalism in the IT industry, it is <a href="http://itmanagement.earthweb.com/columns/executive_tech/article.php/3719776">subject to attack</a> after attack by people who make viruses and many other forms of malware as the most used software on earth. Hackers from the dark side hate their ways and seek revenge by plaguing the rest of us as they exact revenge on the giant. </p>
]]></content:encoded>
			<wfw:commentRss>http://www.capitalistbanter.com/2009/04/news/underdog-wins-giant-flunks/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Young Bandits, Shot Tea Makers and Bad Teachers</title>
		<link>http://www.capitalistbanter.com/2009/04/news/young-bandits-shot-tea-makers-and-bad-teachers/</link>
		<comments>http://www.capitalistbanter.com/2009/04/news/young-bandits-shot-tea-makers-and-bad-teachers/#comments</comments>
		<pubDate>Mon, 20 Apr 2009 09:15:29 +0000</pubDate>
		<dc:creator>Jon</dc:creator>
		
		<category><![CDATA[Headlines]]></category>

		<category><![CDATA[Lifestyle]]></category>

		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.capitalistbanter.com/?p=816</guid>
		<description><![CDATA[The effects of the recession may be bad, bad enough to get a 13-year old boy to get the bright idea of robbing a bank for some extra cash. The boy was caught red-handed, literally when dye packs blew and stained him red. According to police records, he is the youngest ever bank robber who [...]<p><a href="http://sharethis.com/item?&#038;wp=2.7.1&#38;publisher=e306175d-a05a-48b7-a2ce-571fcbf1ccb0&#38;title=Young+Bandits%2C+Shot+Tea+Makers+and+Bad+Teachers&#38;url=http%3A%2F%2Fwww.capitalistbanter.com%2F2009%2F04%2Fnews%2Fyoung-bandits-shot-tea-makers-and-bad-teachers%2F">ShareThis</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.capitalistbanter.com/wp-content/uploads/2009/04/042009.jpg" alt="042009" title="042009" width="293" height="144" class="aligncenter size-full wp-image-817" />The effects of the recession may be bad, bad enough to get a <a href="http://jammiewearingfool.blogspot.com/2009/04/rightwing-extremist-13-year-old-robs.html">13-year old boy</a> to get the bright idea of robbing a bank for some extra cash. The boy was caught red-handed, literally when dye packs blew and stained him red. According to police records, he is the youngest ever bank robber who has ever been documented making parents shiver at the thought of the way these kids are dealing with the hardships of life in today&#8217;s challenging times. They truly are getting younger, may be all those violent video <span id="more-816"></span>games that are as good as the real thing.<br />
From Alabama in the US, a <a href="http://www.waff.com/global/story.asp?s=10203261">man shot his wife in the head</a> with intent to kill and then turns his gun onto himself effectively ending his life. But the wife, survives, makes tea and offers deputies the beverage as she suffers a through and through shot from her forehead through the back of her skull. May be another sign that the recession is taking it&#8217;s toll on the general public who have been getting it harder and harder as cash gets harder to come by. The woman serves tea to deputies who stood, mesmerized at her ability to do so, but maybe also due to the fact her head has a hole from the front to back as they respond to calls for help, now that&#8217;s lucky, in the real sense.<br />
Sense is also fading in the hearts and minds of people, as in this case, common sense eludes a <a href="http://www.foxnews.com/story/0,2933,517028,00.html">teacher in Southwest Ohio</a> who takes her students to a strip club for which she says she got permission from the kids parents for. The only problem, the kids were 8th grade cheerleaders, ages 17 to 18 which makes the act illegal, thus resulting in her having to resign. Bad teacher, to think you were employed to tech kids the better facts of life. What were they Thinking!!!!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.capitalistbanter.com/2009/04/news/young-bandits-shot-tea-makers-and-bad-teachers/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Of Flying Shoe Protection, Kidnapped Bankers and the dangers of Obesity</title>
		<link>http://www.capitalistbanter.com/2009/04/news/of-flying-shoe-protection-kidnapped-bankers-and-free-coffee/</link>
		<comments>http://www.capitalistbanter.com/2009/04/news/of-flying-shoe-protection-kidnapped-bankers-and-free-coffee/#comments</comments>
		<pubDate>Sun, 19 Apr 2009 09:14:59 +0000</pubDate>
		<dc:creator>Jon</dc:creator>
		
		<category><![CDATA[Headlines]]></category>

		<category><![CDATA[Lifestyle]]></category>

		<category><![CDATA[News]]></category>

		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.capitalistbanter.com/?p=810</guid>
		<description><![CDATA[
As if the world isn&#8217;t getting too crazy, politicians in India are seeking protection from show throwing that was made famous by that infamous journalist that got a shot at President Bush as he was heading out of office, diligently doing his farewells. Seems the act has become a significant sign of defiance that has [...]<p><a href="http://sharethis.com/item?&#038;wp=2.7.1&#38;publisher=e306175d-a05a-48b7-a2ce-571fcbf1ccb0&#38;title=Of+Flying+Shoe+Protection%2C+Kidnapped+Bankers+and+the+dangers+of+Obesity&#38;url=http%3A%2F%2Fwww.capitalistbanter.com%2F2009%2F04%2Fnews%2Fof-flying-shoe-protection-kidnapped-bankers-and-free-coffee%2F">ShareThis</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.capitalistbanter.com/wp-content/uploads/2009/04/041909.jpg" alt="041909" title="041909" width="318" height="169" class="aligncenter size-full wp-image-812" /><br />
As if the world isn&#8217;t getting too crazy, <a href="http://bangaloreit.sulekha.com/blog/post/2009/04/politicians-seek-shoe-protection-group-cover.htm">politicians in India</a> are seeking protection from show throwing that was made famous by that infamous journalist that got a shot at <a href="http://www.youtube.com/watch?v=QHMDdSxomcU">President Bush</a> as he was heading out of office, diligently doing his farewells. Seems the act has become a significant sign of defiance that has been taken in by the world as a means of defiance or disdain. May protection come in the <span id="more-810"></span>form of metal mesh screens and others that would protect politicians from the disgruntled citizenry who may seek to lob a shoe or two at them.<br />
In other news, seems life is indeed getting hard for everybody for a Spanish contractor who has become so indebted with his bank resorts to taking his own banker hostage, holding him for ransom and demanding some other stuff, a luxury car one of them. The authorities have managed to get the erring man in custody, ending his quest for financial freedom and he of course losses his car. He is in custody and will be answering to kidnapping and many other charges.<br />
The recession is going to hit hard on people who are <a href="http://caffertyfile.blogs.cnn.com/2009/02/11/should-obese-people-pay-more-for-health-insurance/">obese in the state of Alabama</a> which has become the first state to approve additional payments for health care. The approved $25.00 additional payments these obese people have to pay is to cover for their higher risks to disease and other health costs. This is hailed as the first law that would force people to become a bit healthier when they do decide to work as a state employee where many have been found to be on the rather large side of the scales.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.capitalistbanter.com/2009/04/news/of-flying-shoe-protection-kidnapped-bankers-and-free-coffee/feed/</wfw:commentRss>
		</item>
	</channel>
</rss>
