December 3. 2009 by Dick.

MyTwitSpace gave me a series of error messages that my Firefox browser was too too old to conform to MyTwitSpace and that I would have to upgrade Firefox to continue using the site. Of course, the I.E.6.0 I maintain for such occasions worked just fine. I’ve had trouble with that site ever since but, up until this morning, the I.E. plug-in for my new  Firefox 3.5.5 worked fine there.

Until this morning.

I tried to post the usual teaser about Tiger Woods’ difficulties in my MyTwitSpace blog and the !@#$%^ page doesn’t work despite the Firefox upgrade. Then it crashed I.E.

Twice.

If the site remains this difficult to use, I will not much longer maintain my MyTwitSpace space. Readers can find me in FaceBook or here in the permanent home of the No Puffin Persective.

Posted in Writing, Extras!, Grumpery | 5 Comments »

November 9. 2009 by Dick.

“I have a cupcake in my briefcase,” I heard Missy say.

Missy and her husband Biff are here in South Puffin for a couple-three weeks of fishing. Missy loves her bling which dangles and jangles and actually seems to attract fish when she leans over the transom. She still has her job with the state but Biff is out of work for the first time in about 20 years. Naturally, they each brought a cellphone.

In the game of Telephone, according to the Wikipedia, “the first player whispers a phrase or sentence to the next player. Each player successively whispers what that player believes he or she heard to the next. The last player announces the statement to the entire group. Errors typically accumulate in the retellings, so the statement announced by the last player differs significantly, and often amusingly, from the one uttered by the first. The game is often played by children as a party game or in the playground.” Or by the Congress.

Missy actually said “My son got a cupcake for his birthday. I found it in the fridge.”

The game of telephone has become the game of cellephone.

Everyone in America today has at least one. It is impossible to walk down the street without tripping over Biff yelling into his hand or cupping his earbud to hear a friend at the beach or instruct a partner in Pipeline-istan. If people are far away or speak a different language, Biff knows they can understand him better when he yells.

I hate cellephony.

But it’s cheap! Every cellphone company in this country advertises the best network and the lowest rates. The average $39.99 cell bill last month cost the consumer $103 and change.

But it’s reliable! T-Mobile blamed a software glitch for the outage that left about 5% of its customers unable to send or receive calls or text messages last week. Of course, no cell carrier mentions the millions of individual dropped calls unless some other network does the dropping.

But it’s perfect for people watchers! I love to eavesdrop on conversations; cellphones make too too it easy to listen to just one side.

The game of cellephone we play doesn’t bring more cumulative error, rumor, and gossip than, say, Facebook or television or the blogosphere because our errors are personal, not viral. In the end, though, it’s all about me. Or thee. All I want is for my call to go through when I push send. All I want is to be able to tell if it is Missy or Biff who answers. All I want is to hear the words they say. After all, the simple copper line attached to a Bakelite™ speaker and microphone and the magneto my grandfather cranked did that with amazing accuracy and 99.72% uptime.

Meanwhile, I’m still trying to get a bite of that cupcake. I hope it’s chocolate.

Posted in Business, Tech Toys, Society, Grumpery, Random Access | 1 Comment »

August 4. 2008 by Dick.

This column looks at media spin.

First, the backstory: ExxonMobil, the most profitable company in the history of mankind, made an $11.68 billion profit this quarter on the back of General Motors which lost $15.5 billion.

“America’s oil and natural gas industry earns less than many others…” That’s the televised gospel according to “the people who bring you oil and natural gas” (that would be API, the American Petroleum Institute).

Hello? Are they on the same planet you and I inhabit?

Oh. Wait.

The API planet spins backwards!

Naturally they do have statistics to back up their claim, shown in their television ad in the form of a handy bar chart of earnings per dollar of sales in the First Quarter, 2008:

Pharmaceuticals 25.9
Beverage and Tobacco 17.8
Computer Products 13.7
All Manufacturing 7.6
Apparel and Leather 7.5
Oil and Natural Gas 7.4
Food 5.0
Furniture 3.0

[In the interest of full disclosure, I own some ExxonMobil stock.]

CEO Rex Tillerson announced that my company is, out of the largest profit in corporate history, paying one of the smaller dividends (~2%) in corporate history. On the other hand, Mr. Tillerson buys back shares like mine with all their extra cash and raised my dividend a whopping nickle while the investment he makes in production and exploration plummets.

That stock buyback at about $80 per share sucked up some $8 billion of the quarterly profit. They bought $30 billion in stock last year and have (so far) reduced the number of shares outstanding by about 400 million shares. I can see no reason that it helps me when Mr. Tillerson takes the stock out of play. It helps someone, though. At the current rate, ExxonMobil will buy back all of its shares and become a totally private company in just 14 more years.

Huh.

Just to show I am not playing favorites, Royal Dutch Shell’s second-quarter earnings were nearly as high as Exxon’s with a profit of $11.56 billion. That was 33% higher than Shell’s profit of $8.67 billion in the same period last year. Shell is half the size of Exxon.

Wow. $11.68 plus $11.56 billion in three months. Profit. Just two companies.

Profit that usually goes to the shareholders.

API states it is the only national trade association that represents all aspects of America’s oil and natural gas industry. Their 400 corporate members are the producers, refiners, suppliers, pipeline operators and marine transporters, as well as service and supply companies. They represent the largest major oil company to the smallest of independents. They spin the news for companies like ExxonMobil, Royal Dutch Shell, Chevron, and more. By the way, Royal Dutch Shell has a stock buyback program. Chevron has a stock buyback program.

ExxonMobil did beat its own record for the highest profits ever by a U.S. company but the $2.22-per-share profit announced still led to a $3 decline in the share price.

I originally thought that Mr. Tillerson might have wished API had not spun the profit as such a small number.

That wasn’t right.

Mr. Tillerson, unlike every CEO in American history, wants his stock price to fall. The lower the price and higher the profits the more stock ExxonMobil can buy back.

See how well spinning backwards can work?

Posted in Business, Media, Grumpery, Random Access | 1 Comment »