Archive for October 3rd, 2011

Imagine the NFL if …

October 3, 2011

Interesting analogy from NFL Hall of Famer Fran Tarkenton.

Guess the system he’s describing…

Extracted from WSJ: What if the NFL Played by Different Rules?

Imagine the National Football League in an alternate reality.

Each player’s salary is based on how long he’s been in the league. It’s about tenure, not talent.

The same pay scale is used for every player, no matter whether he’s an All-Pro quarterback or the last man on the roster.

For every year a player’s been in this NFL, he gets a bump in pay. The only difference between Tom Brady and the worst player in the league is a few years of step increases.

And if a player makes it through his third season, he can never be cut from the roster until he chooses to retire, except in the most extreme cases of misconduct.

Of course, he’s talking education and why the union-dominated school systems underperform.

Not a lot of new news, but brings the problem to life.

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The Cain effect …

October 3, 2011

Ken’s Take: The article excerpted below got me thinking.

There’s been increasing talk recently about how blacks are provably suffering disproportionately in the current economic environment. The facts are unshakably true.

Even the Congressional Black Caucus has risen to the cause and chastised Pres. Obama for largely ignoring their plight.

Not new news.

The article below observes that  “black interests often have to take a back-seat to the interests of labor, environmentalists, immigration advocates, and so on — even among those elected to represent African Americans!”

Obama’s response: Stop whining, stop complaining … kick off your slippers, put on your shoes … and walk to get me re-elected.

Then, along comes Herman Cain – dishing one-liners that cut to the core … pitching his story of self-reliance, hard work, and earned success … and, arguing that blacks can accrue political power by splitting their votes across parties, rather than voting as a  bloc.

It’ll be interesting to see if his vision resonates among African-Americans.

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Excerpted from Weekly Standard: Herman Cain Could Be a Game Changer

If Herman Cain could get some African Americans to give the GOP a look, there would be a real potential not only for the party to do better nationwide, but also for African Americans to leverage their voting strength more effectively.

African Americans do not enjoy robust two party competition for their votes, and accordingly their interests are often poorly served.

  • White conservatives overwhelmingly vote Republican, but black conservatives do not.
  • White moderates usually split their votes between the two parties, according to the study, but black moderates do not.

In many respects this state of affairs is bad for African Americans, because it limits the power of the black vote itself, and so a lot of black interests are just plain overlooked.

For instance, school choice would essentially be a transfer of resources and power directly to poor black families, who would be major beneficiaries of such a program.

However, the National Education Association and the American Federation of Teachers would be losers in the deal, so it is a non-starter on the Democratic side of the aisle.

Additionally, liberal immigration policies do not hurt educated whites, whose skills basically price them out of competition with most immigrants.

If anything, upper income whites are helped because a glut of workers enables companies to keep costs, and therefore prices, down.

Instead, African American workers – who often find themselves in competition with immigrants – would be harmed.

But the Democratic party as a whole would be helped thanks to a flood of new immigrant voters, so it unabashedly advocates loose policies.

Black interests often have to take a back-seat to the interests of labor, environmentalists, immigration advocates, and so on — even among those elected to represent African Americans!

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Hey, neighbor … our name’s Walmart.

October 3, 2011

Punch line: By 2013, Walmart will launch nationally more Neighborhood Market Stores that are smaller in size and offer groceries.

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Excerpted from brandchannel.com, “Walmart: Your Friendly Neighborhood Grocer (by 2013)

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When you think Walmart, you generally think big and you don’t generally think groceries, but its Neighborhood Market stores may change that.

Chicago opened its third Walmart this week, but this is a Neighborhood Market store … At about 27,000 square feet, the downtown store is a fraction of a regular-sized Walmart, which can be as large as 150,000 square feet.

And while groceries are typically 1/3 of the product sold at a Walmart, it takes up ¾ of the Market …

Walmart has been opening Neighborhood Markets since 1998 and now has 155 nationwide with plans to have 300 of them by 2013

Chicago launched the first Walmart Express in July. “Our approach to the city of Chicago is to be flexible,” Walmart spokesman Steve Restivo. “We want the store size and the merchandise mix to be a reflection of the community it’s in.”

Edit by KJM

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