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| Actional Acquired for $32M; Products Will Be Paired with Sonic's SOA Suite - Pursuant to a merger agreement approved by the Boards of Directors of both companies and by the stockholders of Actional, Progress Software Corporation has agreed to acquire privately-held Actional Corporation for approximately $32 million, net of cash acquired, in cash and shares of Progress common stock. |
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| An Absurd Demand - Today, Microsoft came under fire from a number of activists:Activists today accused Microsoft of spending all of its time focusing on software. "All they want to do is write code for operating systems and applications". Activists were complaining that Microsoft does not invest any of its huge profits into alternatives to software and operating systems. hot wet asian pussy tits "They have not invested one dime in trying to come up with computing technologies that don't require operating systems or business applications." Activists also accused Microsoft of not investing in porn asian any alternative computational approaches, such as abacus research or mechanical calculators.Makes no sense, right? Well, that's because I made it up. But I did not make this up, which is essentially full length asian porn the exact same charge, just against a different target:Unlike
other major oil companies that essentially acknowledge the very real
threat of global warming and the need to transition to renewable energy
and off of a finite, non-renewable resource such asian women having sex as oil, ExxonMobil is
using its profits and its power to continue to keep this country
addicted to oil, as President Bush has noted," Hoover said.ExxonMobil cares only about drilling for more oil, Hoover allegedYou hear this stuff all the time. But why are the major oil companies responsible for investing to obsolete their own business? Why are they obligated to invest in things like wind farms or whatever that they know nothing about? Did we demand that railroads invest in aircraft research? Do we require cable companies to invest in DirectTV? For all of its size, ExxonMobil represents a tiny fraction of World GDP -- if all these alternative energy ideas are such great opportunities, let the other 99.99% of the world economy take it on. Besides, do these guys who think that XOM is evil incarnate really want them controlling the next generation of energy production?
By the way, I thought this was hilarious:"We
believe that ExxonMobil -- primarily through its former president and
CEO, Lee Raymond -- has been involved in conceiving of and then
promoting the invasion and occupation of Iraq," Reed said. "When the
Iraq war was being cooked up, we think ExxonMobil was in the kitchen."I love the "we believe" part. I am sure that half these folks also "believe" that aliens are alive and well in Area 51 and that George Bush was behind the 9/11 attacks. Would it be too much to ask to bring some facts to the table? Or how about even a motive? I could maybe come up with a motive if the US invaded Nigeria, since Exxon has assets at risk there that are threatened by rebels and general chaos, but Iraq? Since Iraq's output was limited before the invasion, invading Iraq only served to put more oil on world markets, which would depress rather than raise prices and profits. In fact, if there was really an evil genius oil company pulling the strings of hardcore asian lesbians having sex government to maximize their own profits, UN-sanctioned Iraq would be just about the last oil producing country in the world you would want your government puppets to invade.
Today XOM has its annual shareholder meeting, and if you ever want to see a great parade of barking moonbats, buy yourself a share of XOM and attend. Lee Raymond caught a lot of grief for his compensation sexy asian pussy package, and it did seem overly generous to me, but I am not an XOM shareholder right now so its not my concern. I will say that having seen one asian bondage sex of the XOM shareholder meetings and the ridiculous grief the CEO must endure for a day, my guess is that the XOM CEO would likely knock several hairy asian porn million dollars off his comp. package if he could call black and asian sex in sick today. |
| Are People Rational About Gas Prices? - As a preface, I am not a socialist planner, so I do not free asian sex thai japanese video list presume to make other people's economic trade-offs for them. If someone out there chooses to collect Pinto station wagons or pay $10 million to go on a Russian space launch, power to them.
That being asian men white women sex said, I will observe that gas price concerns seem to drive people to do things that they would not normally do happy asian porn in other contexts. Market Power quoted this statement from the Washington Post:"When prices go up, you're going to see some interesting things," said Tom
Kloza, chief analyst for the Oil Price Information Service in New Jersey.
"Saving money on gas is something that's just magical in this country. Rational
thought just doesn't apply to gas."Market Power was skeptical that such irrationality exists, but I think it may be correct. Here are a few examples:1. Waiting for hours: A couple of years ago when I lived in Seattle, a local Costco put in a gas station and sold gas for 10-15 cents or so below most busty asian porn of the other local stations. Every time I went there, there was a huge line -- perhaps asian sex video clips half an uncensored asian porn hour long -- to get gas. For a fifteen gallon fill-up saving extreme asian porn 15 cents and waiting 30 minutes, asian teen pussy cum that equates to $4.50 an hour savings for their efforts, not to mention the extra driving time (and gas!) spent getting to this one spot rather than their local station. How many people in the line would have driven an extra 10 miles to take a job at $4.50 an hour? Lately, I witnessed a free gas promotion where people lined up and waited at least 3 hours for 10 gallons for free gas (people apparently had lined up starting at 4AM for the promotion that began at 8AM. This is a bit better deal at $10 per hour, but I wonder how many people in the line would have participated in any other endeavor for $10 an hour? Market Power points to a similar promotion in Sioux Falls, where the value of police time providing security was probably higher than the value of the gas given away.2. Save a dollar, pay three extra. One of the reasons I am unconcerned with gas price gouging is that many gas stations today use gas as a uk asian sex loss leader, hoping to pull motorists into their store or restaurant. In the language of gouging, what this means is that typically you are getting a great price on gas (given what the dealer's costs are) and are getting gouged on coffee and Twinkies. Its amazing to me that people who check the Internet to find the place with 5 cents a gallon cheaper gas will then walk into the convenience store blond asian porn and pay whatever free hot asian porn for Cokes and water and cigarettes and beer and coffee. It asian teens porn seems crazy, but the best way to explain it is that for a number of people, a dollar saved on gas gives them far more satisfaction than say a dollar save on soft drinks.3. Wagering with the rental car company. Every rental car company offers you a wager nowadays. They give you the chance big tit asian babes porn to buy the whole tank of gas in advance for something like 20 cents less than the local market rate. Assume the local market rate is $3.20, the rental car advance hot asian lesbian sex rate is $3.00, and the tank is 15 gallons. All you have to do to win this bet as the renter is to return asian ass sex the car with anal asian sex videos less than 1 gallon left. big boob asian sex If you do, you win, otherwise you lose. Is this a bet you want to take? But I left something out - the value of your time. Let's say you value your marginal time at $30, and it take 15 sweet asian pussy minutes to fill up the rent car yourself. By taking the fuel option, you save $7.50 of time. This means to win the bet, including the value of your time, you have to turn it in with less than 3.5 gallons left, or less than 1/4 full. The other alternative is to not stop and turn it in at the rent car place and let them fill it up at their $6.00 rate. But even this ridiculously inflated rate for turning the car in part-full is still a better option than the pre-paid fuel as long as you don't use more than half a tank. And I bet that the vast, vast majority of people who rent cars, particularly on business trips, don't use a half tank (a half tank at 20mpg is about 150 miles).One of the best tests of my proposition is to see how many businesses
today act as if this gas-price-overfocus is a real phenomenon: Car
dealerships give away free gas rather than rebates; many many
companies are having free gas promotions; gas stations continue to
sell gas at cost to get you in their store. Basically, businesses
everywhere are betting that their customers will find $30 of gas more
appealing than any other $30 giveaway. asian sex gallery
None of the above bothers me particularly -- people are different and interesting in how they act. That's why government planning tends to chafe everyone. In fact, the only part of this supposed asian porn star list irrationality about gas prices that does bother me is the fact that so many people run to the government for price controls and gouging investigations whenever gas prices free asian shemales porn go up, and so many Congressmen of both parties see value to pandering to these instincts. This despite the fact that gas prices are still effectively far lower as a percentage of income than they were 25 years ago. I wish they would all go back to sipping asian girls porn their $8 Starbucks coffees and just deal with it.
Update: Was on Snopes.com checking out an email that seemed like an urban legend (it was) and saw a sidebar listing gas wars as the #1 urban legend email of the moment. ExxonMobil seems to be the bad-guy target-of-choice, I guess just because they are the largest. The "idea" in the email is that if everyone would boycott ExxonMobil and shop asian teen hardcore sex at other gas stations, the price of gas would fall. LOL. As Snopes points out:
A boycott of a couple of brands of gasoline won't result in lower
overall prices. Prices at all the non-boycotted outlets would rise due
to the temporarily limited supply and increased demand, making the
original prices look cheap by comparison. The shunned outlets could
then make a killing by offering gasoline at its "normal" (i.e.,
pre-boycott) price or by selling off their output to the non-boycotted
companies, hard core asian porn who will need the extra supply to meet demand. The only
person who really gets hurt in this proposed scheme is the service
station operator, who has almost no control over the price of gasoline. |
| Bullshit Jobs - Glenn Reynolds linked to Stanley Bing's book "100 asian kinky sex Bullshit Jobs... and How to Get Them." asian pussy videos He points out that "blogger" is number 13. However, the Amazon free asian teen sex description hints that I may have had a second job on the list: asian pussy wmv "McKinsey asian sex eden Consultant." I will leave to the outside observer whether both jobs are bullshit. I will say that they both share in common an ability to consume a lot of hours in the day that would probably be free time without them. They both also share an hourly pay problem, the blogging job because it pays nothing and the McKinsey job because it turned out to have a staggering number of work hours each week in the denominator. |
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