February 11. 2008 by Dick.

Alice Roosevelt Longworth embroidered on her sofa pillow, “If you haven’t got anything nice to say about anybody, come sit next to me.” Gossip is the chief currency in news and in “news” magazines, so that may now be the majority motto.

Loving gossip isn’t new. Alice Roosevelt became an idol to Progressive Era women around the world, Carl Anthony wrote, and her style of detached disdain is celebrated today.

Two of my acquaintances are worlds apart in that attitude. One whom I’ll call John because his name is John, revels in gossip and in bad news about anyone outside of his own circle of friends. Maybe even within his circle of friends. The other whom I’ll call Juan because his name isn’t, is more data driven.

Juan works for “Infonablah,” an electronics company that is a very likely takeover target. They have a couple of new products and a still-useful older product line. (This is not a Microsoft v. Yahoo story.) The WSJ has reported talks about a joint venture between the large Chinese conglomerate Batooey-dot-com and Infonablah. Juan designs interface modules for Infonablah’s consumer goods division here in Vermont.

Juan foresees Infonablah stocking up on next generation goodies and letting the current customer stuff go to the “low cost” manufacturing centers Batooey maintains in China and on the South Pole. He figures the Batooey engineers are thinking the same thing.

I don’t know that Batooey would give Infonablah its next gen stuff; I think it’s more likely that Infonablah will be stripped and will disappear. Their current customer stuff will definitely go to low cost centers no matter what else happens.

That said, “combining synergies” in B-speak always means more layoffs.

Here’s the heart of it. John doesn’t know Juan but his reaction to this story would be glee when he figured out that Juan’s job might be in jeopardy.

That saddens me.

We peeps spend entirely too much time reveling in the downfall of our peers.

I like gossip as much as the next guy, but Alice was wrong. My mom and hers before her were right. If you can’t say something nice, don’t say anything at all.

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When I wrote this piece, I used TLAs (a three letter acronym for “three letter acronym”) to stand in for the real company names. Juan then worked for DGX, a biz about to be consumed by Wall Street Greed and a Large Chinese Conglomerate (LCC). A quick Google search showed me that DGX is Quest Diagnostics and LCC is the USAirways Group. I neither recommend nor pan these securities.

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February 8. 2008 by Dick.

Most countries use taxes to further social goals as well as as for raising revenue. The U.S., for example, is debating raising the gas tax to reduce the use of petroleum-based fuels.

Almost 42 Billion-with-a-B petroleum-based plastic bags were used in grocery stores, Wally Worlds, and all the other stores worldwide in January, 2008. Most go to landfills as waste or to roadsides as litter. Plastic bags are not biodegradable. They remain where they land pretty much forever.

Ireland took agressive action in 2002 when that country passed a tax on plastic bags; Irish consumers now pay 33 cents per bag at the cash register.

Six years into the bag tax, most smart, progressive people in Ireland carry cloth bags. Sales of plastic bags has dropped to nearly nothing there.

Ireland has moved on with the tax concept, proposing similar taxes on customers for A.T.M. receipts and chewing gum. Bedposts will be so lonely with no chewing gum to keep them company overnight.

So here is the real (and the environmentally most important) question: What kind of plastic bag does that “smart, progressive” person carry his or her trash to the dump in?

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February 7. 2008 by Dick.

David Barboza reported in the New York Times that China’s inflation is hitting American price tags.

“The higher costs in China could spell the end of an era of ultra-cheap goods.”

The good news is that importing countries like the U.S. might very well look within their own shores for at least some manufacturing again. The bad news is that if China sees its income from exports fall, the pressure on Chinese leaders to lash out will skyrocket.<BR>

The bad news is serious. We have long predicted that, on the day after the Beijing Olympics close, China will nationalize (read “steal”) many of the manufacturing plants that U.S. and E.U. companies are nicely building for them. Now this Perfect Storm of shoddy or dangerous goods, rising prices, and internal growth may sink China, Inc. If the global monies pouring into China slow to a trickle, that gives China an excuse to move troops into its “economic resource centers” in Eastern Russia and Southwestern Asia.

It may be a good thing we’ve built new military bases in Iraq but what can Putin do?

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