The band has recently performed at protests outside the Wisconsin Statehouse, where a similar battle over public employee collective bargaining is raging. Also, ProgressOhio has launched a website, sb5ohio.com, to keep up with events surrounding the issue. Meanwhile, Senate President Tom Niehaus, R-New Richmond, used a news release to rip into Senate Democrats for declining to participate in negotiate possible changes in the bill.
“As I sat down today to review the amendments submitted by Friday’s deadline, I expected to see their constructive ideas on how to address the concerns they’ve expressed, but they refused to submit a single change,” Niehaus said. “Much like their counterparts in Wisconsin, they apparently would rather grandstand in defense of the status quo.” Source: daytondailynews.com
Consider the phrasing of this Gallup poll (which was the top story in yesterday's USA Today). Would you favor or oppose a law in your state taking away some collective bargaining rights of most public unions, including the state teachers union?
Yikes. Even a cold-hearted economist like me isn't in favor of TAKING AWAY stuff from others. Let alone taking away their RIGHTS. That sounds mean, which is why 61 percent of respondents were opposed. No doubt, the response would be different if the question involved trade-offs, which is what real-world choices are about. For example:
Would you favor a law in your state ending collective bargaining for public-sector workers or higher taxes on your children over the next few decades? or Would you favor a law in your state ending collective bargaining for public-sector workers so that they could have individual bargaining rights? or Would you favor a law in your state ending collective bargaining for public-sector workers so that the state could offer higher salaries to the best teachers?
The fact is that worker rights are important. But I wonder why the issue is not framed in terms of the contrast between individual rights versus collective rights. Clearly, a collective is hostile to the flexibility that would allow merit to be finely recognized and rewarded. No? I just don't understand why a worker in a modern service-sector economy would even want collective rights. I understand their importance for a muscle-driven industrial economy where powerful firms can exploit labor. But America isn't that country, especially not when the employer is a state government. But perhaps I don't know the brutal history of Wisconsin's autocratic rulers. Read more on: CSMonitor.com
“Over the past few weeks we had a domino effect, and the concern is that anything can happen,” said Justin Urquhart Stewart, a founder of Seven Investment Management in London. “At the moment the ripple is very small, but it has the potential to turn into something bigger quickly.”
Much of the uncertainty is being stoked by fears over oil supplies. Analysts have been keeping an eye on Libya, which has the largest oil reserves in Africa, and on Bahrain, which is next to Saudi Arabia.
“Geopolitical ripples in the Middle East are the basis for today’s decline,” said Lawrence R. Creatura, a portfolio manager at Federated Investors.
“Higher energy prices act like a tax on consumers, reducing the amount of discretionary purchasing power that they have,” Mr. Creatura said. “It represents an additional, potential headwind for retailers.”
Treasury prices rose and stocks declined in the United States, where the main Wall Street stock indexes have risen steadily in recent months to levels not seen since the financial crisis started.
In the last hour, the Dow Jones industrial average was down 205.33 points, or 1.66 percent. The broader Standard & Poor’s 500-stock index declined 29.58, or 2.2 percent, while the technology heavy Nasdaq lost 75.50 points, or 2.7 percent.
Markets in Europe and Asia were also lower. In Europe, the FTSE-100 in London lost 0.3 percent while the CAC-40 in Paris declined by 1.1 percent. In Asia, the Nikkei 225 closed 1.8 percent lower on Tuesday, and the Hang Seng in Hong Kong sank 2.1 percent. Financials, industrials and materials shares shed more than 2 percent in the broader market in New York trading. In addition to the turmoil in the Middle East, investors took in some discouraging developments in the United States economy. Source: Political Fight Over Unions Escalates.
In 2010 87% of the CMOs surveyed had engaged in company blogs, 86% in brand communities and 79% in Facebook. Although the proportion using customer reviews and ratings as a marketing tool was slightly lower (73%) 59% of this group reported average or significant ROI for this activity.
When asked which social activities resulted in the highest ROI, 15% of survey respondents identified Facebook as the best. Ratings and reviews sites ranked second (14%) with Twitter and LinkedIn also being nominated by over 10% of respondents. When Significant and Average ROI are combined Company/brand community and Company/brand blg out perform Facebook and these are the types of social media marketing activities in which fewest respondents are non-participants. The other statistic to note in this chart, which comes from eMarketer's analysis which is is the high proportion of "Don't know" answers over all types of activity. Read more on Social Activities.
Collective bargaining does work despite what you hear. Our new governor wants to pass a bill to eliminate step raises and collective bargaining raises for state employees. First, let me explain that step raises were asked for by the state in collective bargaining in the 1980s because the state wanted to phase-in pay increases after a new hire served their probationary period and not move them to the pay scale right away.
Pay increases by merit instead of collective bargaining could take money away from thousands of Ohio families. Let me explain. Each state agency is given a set amount of money for operation per year. If this money is not spent, it is returned. This is almost never done. It gets spent. Let’s say that the management of a state agency only gives a special few a merit raise. The money that could be used for raises for all workers now can be used to give management employees raises. After all, they can always find a way to justify that they deserve it. Source: How Does Collective Bargaining Work?.
Shorris was passed over for the top job in October when FINRA hired Bradley Bennett from law firm Baker Botts to run its enforcement division.
Shorris joined the National Association of Securities Dealers, Finra's predecessor, in 2003 as deputy enforcement chief. He advanced to the top position in 2006, but ceded the post to Merrill after the NASD merged with much of the New York Stock Exchange's regulation unit. Merrill was head of enforcement at NYSE Regulation. Shorris was a lawyer at Bingham McCutchen LLP in Boston prior to joining the NASD. Source: Reuters.com
Of course, it’s hard to pick a favorite moment from Justin’s various appearances last night. So instead, we’ve put together a flipbook of nine of his most photogenic shots from the event. Behold the Biebs as he sports a gleaming white tux and cozies up to big-name stars like Usher, Rihanna, and Cee-Lo Green! Read more about Justin Bieber's Grammy Awards.
While holidays are meant for fun and celebration, an annual event like Darwin Day is important in today's educational climate. As a national holiday, it trumpets not only the achievements of its namesake, but the accomplishments of the scientific community as a whole. Darwin's discoveries greatly advanced the human understanding of fields as various as genetics to epidemiology and his example is one worth emulating and celebrating.
Some celebrants also combine Darwin Day with a celebration of Abraham Lincoln, who was also born on February 12, 1809. Still others like to celebrate the many noted individuals that influenced or were influenced by Darwin's work, such as Thomas H. Huxley, Charles Lyell, Alfred Russel Wallace, Carl Sagan, and Ernst Mayr. Celebrating Darwin Day on February 12.
The judges will be looking for whether the business fills a real need in the marketplace, what value it brings to the customer, what sets it apart from the competition and its potential for expansion. They also want to see how you plan to market your product, your financial projections and how you intend to fund your startup costs. Make sure to make clear why you have the expertise to lead such a company and the expertise of your management team.
Yes, all this in three pages or less. Think of it as a meaty executive summary — just the highlights of what you would put in a full business plan. Contest Rules are on www.MiamiHerald.com/Challenge.
Judges will select the top three winners in each track, and the overall top-rated plan will be declared Challenge Champion. The top six finalists in the Community and FIU Tracks will also compete in the People’s Pick video contest, which last year drew more than 15,000 votes and even more page views. That’s great exposure for entrepreneurs. The winners, including the People’s Picks, will be profiled in a Business Monday cover story and are honored at a banquet, where they can meet and mingle with the judges.
What are good business plans really about? Well, such a plan will need to be as short and as clear possible; out of it, the potential investor will have to clearly understand the product and the service provided, the track record of the company, financial statements and, above all, the reason you are asking for such a funding. Keep in mind that this plan will have to convince the investor of your commitment to the business, and this can only be done if you will draw a clear picture of your strategies.
At all times, remember that you have to thoroughly study-and thus understand- the elements that will help you build good, solid business plans. Unfortunately enough, there are many of those looking for funding that spend a lot of time and energy trying to promote their ideas, their projects, but forget that unless their business plans are valid, unless they have something good, nobody will take them seriously and invest in their projects. Let's speak the truth: not even you would invest in a business that has no proof that it is sound, that the financial premises are valid; without clear information nobody can decide, so nobody will be willing to listen to you or read your project up to the end.
If you have came to understand how important it is to set up clear business plans before actually going on and trying to convince anyone, then you must have reached the conclusion that good advice is in order. Fortunately, there are a lot of places you could get counseling or assistance, things that will help you easier your business plans easier and in a more correct manner; apart from all the counseling offices, you will also be able to find books and other online resources that will show you how to come up with a quality project. Many of those books have been written by professionals, and if you know how to pick the right ones you will undoubtedly find out more about successful business plans and the key to better understanding of the market environment.
Remember that nobody likes long talks that express nothing; if you want to have a clear chance of obtaining the loan, the start up capital you so much need, you will have to be clear and communicate the facts as they are. This means that you will have to convince the funding source using one of the best business plans there can be, in order for the other to accept any kind of transaction.
Make sure your plan is detailed but to the point. Make sure your plan consists of realistic facts and data that is well researched. Make sure your plan is realistic and the market research has been done well. Do this and you will have a great chance of getting the business finance you need.