Law and Science

Pure capitalism is bad for America

S. Melethil — Tue, 07 Sep 2010 13:46:34 +0000

Once a Dynamo, the Tech Sector Is Slow to Hire

Corporations are there for one and only one reason: To make money for their stockholders. If Americans understand this simple truth, then they will understand why the tech sector is not hiring though they are making gobs of money, or why BP did what it did in the Gulf. I do not blame corporations. We need corporations. “They do not have bodies you can kick or souls you can damn”, as I heard somewhere. I blame our government for lack of proper regulatory control. The electorate should be pressing state and federal government law makers to strengthen regulations for economic equity for the worker. But, how can they: They need corporate donations to run and remain in office. An activist and informed electorate are vital to select and elect candidates who will work for the people. The challenge for the American voter can be found in the Declaration of Independence: “. . . . That to secure these rights [Life, Liberty and the pursuit of Happiness], Governments are instituted among Men, deriving their just powers from the consent of the governed, that whenever any Form of Government become destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government. . . “[emphasis added]

Plavix: Are pre-schoolers allowed to write precriptions for this drug?

S. Melethil — Wed, 14 Jul 2010 00:06:45 +0000

A few minutes ago, I saw a commercial for Plavix (a drug that can prevent future heart attacks, as per the commercial) on the CBS evening news with Katie Couric. After some seemingly “doctor” stuff, which can only impress people with IQs less than room temperature in Centigrade, not Fahrenheit, the actor Doc writes a prescription for Plavix in CAPS (PLAVIX). This made me wonder: Does the law in any state (which licenses physicians) allow kindergarderners to write prescriptions for this drug? I am now seeing the impact of a science-challenged sociey on commercial advertisement. By the way, Centigarde numbers are smaller that Fahrenheit numbers.

Middle class: Run, but where to?

S. Melethil — Fri, 09 Jul 2010 16:37:13 +0000

How Many Workers Can You Hire for the Price of One CEO?

Here is one number: 1461

CVS Caremark (CVS)
Thomas M. Ryan: $30.4 million (2009 Compensation)
Starting Cashier: $8/hour, $20,800/year
One CEO = 1,461 entry-level employees

Finally, will greed kill capitalism? One can not blame corporations- their sole purpose is to make money for their stockholders. Greed is in their DNA. It is like teaching is stranded in educators or play is in professional athletes. This is not bad, in fact it is good, because we need profit-making corporations for jobs and the like. We need “something” to require sharing of wealth. Socialism, you scream? Well, if the President of the United States can fire the CEO of GM, aren’t we already there?

Good job, General . . .

S. Melethil — Tue, 22 Jun 2010 16:12:44 +0000

McChrystal Is Summoned to Washington Over Remarks

Finally, even the military is beginning to see the light. Please General, tell what does “progress” or “victory” or “any of the other word(s) you use” in Afghanistan mean(s) to us ordinary folks. Thanks, in anticipation.

A lesson for us in the US

S. Melethil — Tue, 22 Jun 2010 15:58:24 +0000

Facing Deficit, Britain Unveils Emergency Budget

Call me Chevrolet

S. Melethil — Thu, 10 Jun 2010 13:10:13 +0000

Well, GM (or should I say General Motors) employees will, from now on, be fined a quarter and heaped with other humiliations every time they call the car they make Chevy! (NPR, today) . Well, what are they teaching in MBA schools these days: Get prestige – us big words? How about prestige without bailouts?

Obama and the BP Oil Spill

S. Melethil — Tue, 08 Jun 2010 16:47:30 +0000

I read that President Obama wants to “kick ass”. BP? Sure, but a corporation’s sole purpose is to make money for their stockholders. Perhaps he should look to his own Dept. of the Interior; maybe the Secretary? What were they doing during the last 15 months?

Towards second place . . .

S. Melethil — Tue, 30 Mar 2010 12:34:55 +0000

Large Hadron Collider Sets Record

We used to be the first in such matters.

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Health Care Reform Law: Ah, the surprises begin (#1)…..

S. Melethil — Mon, 29 Mar 2010 19:26:59 +0000

AT&T to Take $1 Billion Charge for Health Care

Consequences of the new health care reform: Are we to lose some our current health benefits?

Once upon a time in America…

S. Melethil — Fri, 19 Mar 2010 12:32:24 +0000

We the people loan (give?) the banks money at 0% interest. They loan it back to us at 20 %.