Articles by Girish Anand
Articles by Girish Anand
February 13, 2009
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A bunch of restrictions are included, including a 90-day make-it-profitable provision, but Mark Cuban is offering to fund your start-up. You can read all about it on his blog.
I read through a bunch of business proposals pitched to him in the comments section, and I must say, there are a lot of daydreamers with lousy ideas out there.
Anyway, hats off to Mr. Cuban (multiple-multiple-millionair...
February 13, 2009
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Stimulus Plan: $798B, But Just 18.5 Percent* for Jobs
I just went through the list of items covered in the final version of the stimulus plan (so called) and added up all the sums that were targeted at projects that could actually lead to jobs. I came up with $146.2 billion, which figures out to be 18.5 percent of the whole pie. The rest goes to what could be called the welfare state.
The implication here is pretty obvious: The Democrats decided ...
February 11, 2009
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Doctors Warn Offspring: Don't Go into Medicine, Kids
My headline is a little misleading. What I'm referring to is a survey showing that 39 percent of physicians would not encourage their children to pursue the same profession. When you factor in other health care professionals, however, the figure drops to 20 percent, according to a survey by HealthLeader Media.
Reasons for not recommending health care ranged from "uncertain future" to "broken s...
February 10, 2009
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Tom Daschle Lives On in the Stimulus Package
Those who were fretting that the extinction of Tom Daschle as potential secretary of Health and Human Services might delay health care reform needn't worry.
The inclusion of several stealth provisions in the stimulus package now sailing through Congress will implement, mostly unnoticed, provisions from Daschle's government-heavy idea of reform in his book, Critical: What We Can Do About the He...
February 10, 2009
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A 'Dead Pool' for Companies About to Go Under
You've no doubt heard of, or even participated in, the so-called online "dead pools," where odds are placed on which celebrity will be the next to meet the Grim Reaper.
That's a bit too morbid for me, but when it comes to business, I don't mind participating in some death watches since it's instructive to see how others can screw up a good thing.
I've been of the opinion for some time now tha...
February 9, 2009
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The Skyscraper Index: Believe It If You Choose
A theory from 1999 is resurfacing as the world plunges deeper into its current economic woes: The theory that the building of skyscrapers predates economic doom. This tidy bit of logic was conceived by Andrew Lawrence, at one time a researcher for Deutsche Bank.
Here are the "facts":
The Chrysler Building in 1929 and the Empire State Building in 1930 gave way to the Great Depression. The Sear...
February 7, 2009
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Do Rats Have Free Speech Rights? This Court Says Yes!
The New Jersey Supreme Court, which earlier this year ruled that striking nurses qualify for unemployment benefits, yesterday came out in favor of free speech rights--for rats!
Actually, for one rat--an inflatable, 10-foot-high rat bandied about by the International Brotherhood of Electrical Workers in Lawrence Township in 2005. The rat was being used outside a Dunkin' Donuts to protest low wa...
February 6, 2009
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Labor Begins Big EFCA Drive, Descends on Capital
The AFL-CIO descended on Capitol Hill Wednesday in support of the Employee Free Choice Act (EFCA), bearing a petition with a claimed 1.5-million signatures. The laborite love fest came a few days after Vice-President Joe Biden said "welcome back to the White House" to his union cronies and pledged support for the EFCA.
However, though loudly dismissed by the AFL-CIO as bogus (anything that doe...
February 6, 2009
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Does Starbucks CEO Now Punch the Time Clock?
After voluntarily surrendering his nearly $10-million yearly salary because of poor company performance, Starbucks CEO Howard Schultz is now earning less than one-percent of that, or $10,000 annually. Unfortunately, under the Fair Labor Standards Act (FLSA), that means that Schultzie is no longer an exempt employee and must start punching the time clock.
Let's look at what the FLSA says about ...
February 5, 2009
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Whole Lotta Health Care Day Dreamin' Goin' On
As I noted in a previous posting, our current health care delivery system logs in as a $7,000-per-person-per-year behemoth. And I mean per all 300 million of us. (Do the math: $2.1 trillion divided by 300 mil.)
That's why I get a good laugh everytime I read the results of a new survey. The one I came across today from the Kaiser Family Foundation and Harvard University is full of comments by e...