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"Californians can easily move and seek jobs elsewhere in the U.S." True, but they can't always *find* those jobs from California, and if they're unemployed, they are less likely to be considered. There are no legal restrictions, to be sure, but there are pragmatic ones.
Elevator pitches are an ancient ritual that has no place in today's environment. They're a waste of creative energy, and, for that matter, the precious time of both the pitcher and the pitchee. I rarely ask a question for which an elevator pitch is an appropriate answer, and nobody I know asks such questions either.
Toggle Commented Jun 18, 2011 on Elevator Pitches: It's Everyone's Job at Tia Marie
I'm not sure if you saw this - it showed up on Reuters but I haven't seen any other reference to it: Is There a Bubble in LinkedIn's Stock Price? [pdf] "It has been well documented in the financial press that a methodology is needed that can identify an asset price bubble in real time. William Dudley, the President of the New York Federal Reserve, in an interview with Planet Money [3] stated '...what I am proposing is that we try to identify bubbles in real time, try to develop tools to address those bubbles, try to use those tools when appropriate to limit the size of those bubbles and, therefore, try to limit the damage when those bubbles burst.' "It is also widely recognized that this is not an easy task. Indeed, in 2009 the Federal Reserve Chairman Ben Bernanke said in Congressional Testimony [1] 'It is extraordinarily difficult in real time to know if an asset price is appropriate or not'."
Toggle Commented Jun 6, 2011 on Circling the Drain at Tim Duy's Fed Watch
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Znmeb added a favorite at Attackerman
Apr 27, 2011
Ayup ... and where is the Republican National Committee? Haven't they offered him first crack at the nomination yet? Why not? It's not like Sarah Palin could take it away from him. ;-)
There's no mystery here. Corporations simply adjust their head counts on the basis of revenues and non-payroll expenses in order to meet financial ratio targets. Revenues drop, employees get deleted from the payroll until the sales per employee ratio meets the target value. And there was a huge spike in energy prices here in the USA in 2008, right around the time the employment started to drop precipitously. Fuel costs rise - to balance out the energy cost increase, workers are deleted from the payroll. Fuel costs rise, automobile sales plummet - auto workers are laid off. There's no mystery here - you're simply not looking at all the time series or taking into account the feedback loops by which corporations are managed. Was there a huge spike in energy prices in the other G7 nations in 2008, or was the USA the only one hit?
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Znmeb added a favorite at Revolutions
Dec 30, 2010
Well ... ReadWriteWeb is a refreshing exception - ignoring the obvious "is a blogger really a journalist" brouhaha, they do a pretty good job of covering enterprise technology.
"This does work. Every time." Well - since you're about debunking myths, how about some statistics, definitions, data, etc. for your "theory of management".
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Feb 28, 2010