Category Archives: Business

HB2 cost NC a lot more than $3.76B

The AP says the “bathroom bill” cost North Carolina $3.76 billion. The real damage is likely much, much higher.

The AP yesterday released an analysis indicating that reaction to North Carolina’s discriminatory HB2 – the “bathroom bill” – cost the state a staggering $3.76 billion in lost business, projected over 12 years. That’s a remarkable hit to economy, but as I read the full details of how the AP arrived at that number, I can’t help wondering just how badly they underestimated the true damage that former governor “One Term” Pat McCrory and the rest of the jackals in the state GOP caused NC.

Have a look at the WaPo article linked above, then consider: Continue reading HB2 cost NC a lot more than $3.76B

The Ploughman: a modern business fable

No one likes to be thought a fool.

Farmer Moran needed a new workhorse, so he went to the local auction. There he spotted a strong, lean stallion he thought would be fine. He asked the owner about the horse, but the owner advised him against it. “This is Lightning,” he said. “Lightning is a thoroughbred. What you want is a draught horse.”

Moran, though, was confident in his own judgment. Undeterred, he outbid everyone for Lightning.

He got the horse home and harnessed him up, but Lightning proved no end of trouble. Continue reading The Ploughman: a modern business fable

Uber "Greyball" scandal: it's time to consider the death penalty for corporations

delete-uberUber says they’ll stop using Greyball. But this is only the latest outrage from America’s most incorrigibly corrupt business. Time to#DeleteUBER. As in, delete the company. Permanently.

You may say I’m a dreamer / But I’m not the only one

The American corporation exists for one purpose: to “maximize shareholder value.” Thanks to a variety of factors, including a Supreme Court decision that codified this particularly sociopathic view, employees don’t matter, communities don’t matter, the environment doesn’t matter, and really the only commandment when it comes to bending the rules is “thou shalt not get caught.” Continue reading Uber "Greyball" scandal: it's time to consider the death penalty for corporations

Four charts that prove Under Armour CEO Kevin Plank has no idea what he's talking about

Kevin Plank is a successful businessman with strong opinions. The data, though, suggests he places ideology above facts.

Under Armour CEO Kevin Plank
Under Armour CEO Kevin Plank

If you’re a huge sports merchandise brand, you never want your marquee superstar endorser going after you in the press. But that’s what happened this week when Under Armour CEO Kevin Plank told CNBC that “[t]o have such a pro-business president is something that is a real asset for the country.”

The aforementioned marquee superstar, 2014-15 NBA champion and reigning MVP Steph Curry of the Golden State Warriors, took a shot:

“I agree with that description, if you remove the ‘et.'”

The two have now apparently gotten on the same page after some top-speed backpedaling by Plank, who has taken great pains to clarify that he only meant his praise in a strictly business sense. It’s fun when CEOs get hauled out to the woodshed.

The problem is that even the business-specific comment illustrates what a fact-resistant barking fucktrumpet Plank is. Continue reading Four charts that prove Under Armour CEO Kevin Plank has no idea what he's talking about

Lyft's anti-Trump letter and ACLU support illustrate how American companies ought to behave

delete-uber#deleteUBER: When we use them we directly support anti-competitive and unconstitutional behavior.

Uber is a douchebag company run by douchebags. I first realized this when I learned of their willingness to play really, really dirty with competitors.

Uber employees allegedly posed as customers ordered and then canceled rides from Lyft, decreasing Lyft drivers’ availability, wasting time and gas, and possibly sending real customers to Uber instead. Lyft told CNNMoney in August that 177 Uber employees—contractors armed with a burner phone and a credit card—ordered and canceled more than 5,000 rides.
Continue reading Lyft's anti-Trump letter and ACLU support illustrate how American companies ought to behave

The LL Bean/Trump row: time for (another) free speech lesson

You have the right to speak. You have no right not to be disagreed with.

Let’s start with a brief quiz.

Bob says X. Fred says no, X is wrong. Has Fred:

a) infringed Bob’s free speech rights, or
b) engaged in free speech the way the Framers intended?

Answer below, in case you don’t understand how freedom works.

This isn’t a big deal, really, but I saw something this morning that reminded me just how little Americans understand liberty. So I thought I’d offer a brief refresher for those who slept through Civics class.  Continue reading The LL Bean/Trump row: time for (another) free speech lesson

Hey Brian Windhorst: The NC legislature held a special session to PASS #HB2. Why can't they do the same to repeal it?

I love Brian Windhorst, but he needs to get his act together on this one.

The NBA is mulling pulling the All-Star Game from Charlotte over the state’s reprehensible HB2 “bathroom law.” Good – this is as it should be.

But the ESPN story cited here, penned by NBA reporter Brian Windhorst (whom I really really like), has a little problem. Not massive, but important. Here’s the quote: Continue reading Hey Brian Windhorst: The NC legislature held a special session to PASS #HB2. Why can't they do the same to repeal it?

What does Brexit mean for the Premier League?

By threatening club finances and limiting player movement, Brexit may inflict serious damage on the world’s best league…

brexit-premier-leagueOn the sports side of things, we have this headline this morning:

Premier League refuses to speculate on effects of UK’s ‘Brexit’ from EU

The world’s most prestigious football league might be unwilling to speculate, but I’m not. England’s vote to leave the European Union has many uncertain about what it means for the Prem, but nobody sees it as a good thing. Lots of uncertainty. Lots of breath-holding. And for some, probably a good bit of prayer.

From where I sit, Brexit looks to be an unmitigated disaster for the Premier League. Continue reading What does Brexit mean for the Premier League?