Archive for July 20th, 2011

“The greatest wet blanket to business”

July 20, 2011

Casino mogul Steve Wynn lashed out at Pres. Obama’s anti-business rhetoric and actions.

Wynn’s comments are remarkable for 2 reasons.

First, he’s a Democrat whose family contributed to the Obama campaign and who is a staunch supporter of Harry Reid.

Second, based on my very small sample, he’s speaking for many CEOs who share the sentiments are afraid to speak out for fear of reprisals from an Adminstration that is ready and willing to go directly after industries (think oil companies and tanning salons), companies (think Boeing and Blue Cross of California), and individual CEOs (think Ed Whitacre – who was bounced from GM when he went lukewarm on the Volt).

I doubt Wynn will cause a bandwagon effect of CEO speak-outs … the CEOs will continue to lie low and just keep the lid on jobs …

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Here’s the video and transcript of Wynn’s remarks

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The last debt ceiling vote …

July 20, 2011

Bush was President.

All Dem senators voted against raising the debt ceiling … including Sen. Obama (D-IL)  and Sen. Biden (D-DE).

I guess where you stand depends on where you’re sitting …

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Source: Senate Web Site

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Chocolate surges. strawberry slips …

July 20, 2011

I often use the expression: “Vanilla, chocolate & strawberry do the lion’s share of business” … implying that (a) Pareto is alive and well, and (b) variety often builds in complexity without building (much) sales.

Well, I’m going to start saying “vanilla and chocolate” … “vanilla, chocolate & buter pecan” just doesn’t sound right.

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Based on a Rasmussen survey of Adults’ flavor preferences in ice cream, the favorite flavors are:

  • 23% vanilla
  • 23% chocolate
  • 9% butter pecan
  • 8% strawberry
  • 8% cookies and cream
  • 6% chocolate chip
  • 4% coffee flavored
  • 17% all other flavors

Other findings:

  • Vanilla is at the top of the men’s list; chocolate is at the top of the women’s list
  • White adults prefer chocolate to vanilla 24% to 19%;  black adults prefer vanilla by a 43% to 14% margin.
  • Most ice cream eaters (78%) usually buy it at the store and eat it at home rather than go to an ice cream parlor; 17% would prefer going to an ice cream parlor for their treat.

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