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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. "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 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 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 free asian teen porn such 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 asian nude models about? Did we demand that railroads invest in aircraft research? Do we require asian sex gallery 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 free asian pussy galleries 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 hot wet asian pussy tits 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 asian pussy videos 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 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 package, and it did seem overly generous to me, but I am not an XOM shareholder right now so asian girls porn its not my concern. I will say that having seen one of the XOM shareholder meetings and the ridiculous grief the CEO must endure for asian girls sex a day, my guess is that the XOM CEO would likely knock several million dollars off his comp. package if he could call in sick today. |
| Are People Rational About Gas Prices? - As a preface, I am not a socialist planner, so I do not 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 said, I will observe that gas price concerns seem to drive people to do things that they would not normally asian girls masturbating asian anal sex gallery asian anal sex do 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 big boob asian sex 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 of the other local stations. Every time I went there, there was a huge line -- perhaps half an hour long -- to get gas. free hot asian porn For a fifteen gallon fill-up saving 15 cents and waiting 30 minutes, asian virgin pussy that equates to $4.50 an hour savings for their efforts, asian sex movies 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 oral sex asian an extra 10 miles to take a job at $4.50 an hour? hot asian lesbian sex 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 loss leader, hoping to pull motorists into their store or restaurant. In the language of gouging, busty asian porn 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 and pay whatever for Cokes and water and cigarettes and beer and coffee. It 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 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 rate is $3.00, and asian hardcore sex the tank is 15 gallons. All you have to do to win this bet as the renter is to return the car with less than 1 gallon left. 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. asian porn movies Let's say you value your marginal time at $30, and it take 15 minutes to uncensored asian porn fill up the rent car yourself. By taking the fuel option, you asian strippers asian women having sex save $7.50 of time. This means to win the bet, including hardcore asian sex 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 asian sex video clips 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 asian sex eden 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.
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 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 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 their $8 Starbucks coffees and just deal with it.
Update: Was on asian teen hardcore sex Snopes.com checking out an email that seemed like an urban legend (it was) and saw a sidebar listing gas asian busty 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. sexy asian pussy The "idea" in the email is that if everyone would boycott ExxonMobil and shop at other gas stations, the price of gas would fall. LOL. As Snopes points out:
A asian pussies 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, sweet asian pussy who will need the extra asian bondage sex 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 Bullshit Jobs... and How to Get Them." He points out that "blogger" free asian shemales porn is number 13. However, the Amazon description hints that I may have had a second job on the list: "McKinsey 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 black and asian sex 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 asian shaved week in the denominator. |
| "Snakes on a Plane": Behind the asian group sex Scenes With the Movie's Snake Wrangler - Not all Hollywood gigs are glamorous. Just ask the snake wrangler who handled the slithering—and often poisonous—stars of the upcoming thriller Snakes on a Plane. |
| Bluefin Tuna in Atlantic Nearing Extinction, Conservation Group Says - WWF calls for immediate end to fishing of bluefin tuna, says widespread illegal overfishing has nearly destroyed the species in the Atlantic and Mediterranean. |
| Earthlike "Continent" Found on Saturn Moon - New radar images free asian sex movies from the Cassini asian oral sex spacecraft reveal that Titan's continent-size Xanadu region has river valleys, hills, plains, and mountains similar to Earth's. |
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