Getting a lecture on morality from a politician is like getting a lecture on chastity from a whore
– Perry de Havilland
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A combination of perfect timing and extremely strong arms. Repect! Revealed by the blogosphere for all to see!
Borders really cannot afford to be irrational. Having just finished financial analysis between Borders and Barnes and Noble’s for our fund, the bottom line is that Borders is in trouble and can not afford to insult its customers right now. 2006 is a critical year and the market has been asked to give management ‘one more chance’ on top of probably too many chances, hoping for some magic to occur in the fourth quarter of this year. Borders would not handle a boycott well. Look at their most recent 10K – they are promising lousy performance through the year and praying (if we can use the word) that the market ignores their terrible financial state until quarter four, 2006, where a miracle will happen and outstanding sales will occur. Things do not look good and only irrational optimism and hope in management’s ability can sustain the market to the fourth quarter. This management team is truly lost – listen to their conference call and the real status of their mini-Borders “Waldenbooks” makeover that the call admitted has been a complete miscalculation. I’d trust a magic eight ball more than these misplaced executives. If an organized boycott evolved in the next few weeks, Borders is probably 30-60 days from corporate reorg or collapse, a new CEO and appeasement of the boycotters. Given their money appears to come from red-state people and not leftist anti-establishment small bookstore types, their actions are further proof that management is completely lost. The powers-that-be in the USA who are trying to pass various incumbency protection measures, have uncharacteristically decided that it is unwise for the Federal Election Commission to try and regulate private political speech on the internet. Is this because they are good guys after all? Of course not, it is because they know it is completely unenforceable. “The role of government is to provide good health care for our seniors. We made that commitment, interestingly enough, when Lyndon Baines Johnson was the President.” “Government provision in water has overseen millions of deaths through lack of sanitation and unsafe water. Bringing in private sector expertise and investment is needed, both to meet the UN’s Millennium Development Goals, but to actively contribute towards social justice the world over. In the vast majority of cases, where the private sector has been called upon, it has delivered the goods – even in cases decried by critics as ‘failures’.” Understanding politicians and what they are likely to do is much easier once you realise that almost everyone in politics (even the ‘nice guys’ who wear sensible cardigans and remind you of Wallace and Gromit) have more in common psychologically and morally with your typical member of a street gang than with most of the people who actually vote for them [by request] |
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