Monday, November 7, 2011

Did Someone Call Security?

The Texas Department of Public Safety recently added on a new addition to the border with Texas and Mexico. The cameras are motion triggered and cover the 1,254 mile border. In hopes of gaining better security, the cameras are in full action as they take a series of still photographs. Although the cameras will be extra money, the DPS thinks in the long term, it will be saving money and time trying to keep illegal immigrants out of Texas and the U.S. The article also stated that the cameras had already began to help and with more funding, they can get more cameras to protect and keep the border safe. The cameras along the border would allow Texas and the DPS to benefit greatly. With the cameras, the Border Control's job would be much easier and allow them to keep and eye on the border at all times. In my opinion, adding this extra addition to the border will allow them to keep the best watch along the border. 

Spider Monkey

Earlier today, a zookeeper left the door to a monkey's cage open in the Dallas Zoo. Although the monkey did not harm anyone and they safely got the spider monkey back into it's cage, it could have been very dangerous. Even though the zoo said the spider monkey was harmless, they don't really know for sure what the monkey could have done if they had not properly secured the animal back in it's cage at the right time. The zoo then stated that the same problem of leaving the door to the cage open had happened just about two weeks before and that the mistake was made by the employee and had nothing to do with the facility or mechanical problems. In my opinion, they should train the zookeepers better and make sure they are doing everything properly, such as locking the cage. The zoo needs to take into account the costs and benefits of not training their employees to the best of their ability. If the zoo trains their employees to make sure they lock the cages, then it would be a benefit and they would not have to worry about any possible dangers happening in the park. If they do not train their employees more to get everything down, there could be some major costs from that. At the zoo, the safety of the people and the animals should be their number one priority. 

Sunday, November 6, 2011

LSU kicks winning field goal in OT for defensive-minded win over Alabama

LSU takes it home!!! After a long fought game battled between two best teams in the nation No.1 Lsu and No.2 Alabama, Lsu wins with a kicked field goal with 1 second on the game clock. Not only was it a defensive game but a dogfight to see who wanted it more. Neither team scored a touchdown throughout the entire game. The score was 9-6, and this win by Lsu now moves into the driver’s seat to play in the Allstate BCS National Championship Game. I guess those expensive tickets were worth it after all. Although both teams only have two pretty good SEC teams to play I still don’t think its safe to say that Lsu is the best team in the SEC. But I do think the SEC is the strongest conference in college football and Lsu is ranked No.1, I still feel that on any given day Lsu can be defeated if they don’t stay focused and remember why they’re ranked No.1.

Friday, November 4, 2011

Steve Jobs: An inspiration to many

Apple creating the iphone, ipod, and ipad are just some of the many miracle products that Steve Jobs left for the United States and world consumers over the last 30 years. Steve Jobs’s first success was the original Macintosh computer. He had a vision in the early 1980’s of all people owning their own computer, which helped him create user-friendly software. Steve Jobs understood the concept of supply and demand in the free market economy. In other words, with little or no government control, buyers and sellers transact freely. This helps develop unique innovated products that are one of a kind. Steve Jobs understanding of the free markets helped him become one of the richest men in the world. Steve Jobs’s understanding of development was a key factor to his success. The iPhone series just came out with the iPhone 4s, which Steve Jobs knew that all iPhone users would be anxious to upgrade to the latest and greatest. His market driven strategy is to be exclusive with his products and feed the free markets with technology. The U.S. is a technology-based society and it has been fueled throughout the years by Steve Jobs’s creativity.

Bonuses Really?

During the last three years, the government has been very involved in regulation of our financial institutions. It has really been a factor in the U.S. slowed economy. This situation all started by the U.S. government under regulated, the financial institutions back in the late 1990’s. The goal of the U.S. administration at that time wanted to create more home mortgages through the financial institutions, Freddie Mac and Fannie Mae. During the time from 1997 to 2008 Freddie Mac and Fannie Mae created loans to consumers that were under regulated. What this means, is that unqualified and unsecured loans were approved to hundreds of thousands of people. The types of loans that were created were interest only and three-year rate change. Consumers had low payments initially and over time the monthly payments increased. The homeowner cannot afford the increased rate and eventually was forced into foreclosure and bankruptcy. All of this was a huge factor of the start to the housing bubble and financial crisis in 2008. Deregulation started this mess, Freddie Mac and Fannie Mae created more under qualified loans that really triggered the world financial crisis. Since 2008, the U.S. government has changed the regulations to the extreme of slowing the bank financing into the U.S. economy. In conclusion, Freddie Mac and Fannie Mae received a government bail out in 2008 and 2009 for their idiotic mistakes during the years 1997 to 2008. There is no way that any executives from these institutions should receive any type of bonus until all the money has been paid back to the U.S. government.

Do all teams gain money in the NFL?

The Detroit Lions were the only team in the 2010 season that lost money. All of the other 31 teams (96.8%) in the league gained money during the season. Many people think that owning a NFL means you are guaranteed to have a profitable season. For being the only team in the NFL to lose money this season the overseer of the Lions has been handed the worst owner in the league. To be the only team in the league means that William Clay Ford Sr. has made some decisions that the trade-offs haven’t been big enough to gain him a profit. For example they built a new stadium but they haven’t been able to regain enough money in ticket revenue for the new stadium to outweigh the costs of the build. A typical team’s value in the NFL has grown 8% where as the Detroit Lions decreased 3% over the last 5 years. On the other hand there are teams that have been making the right economic decisions like the New York Giants who have increased the value in there team by 33% and the owners have rightfully so been named the beast owners in the league.

Thursday, November 3, 2011

Why is Embassy Suites so appealing?

Embassy suites is a hotel chain started in 1983. Started by the Hilton Group, entrepreneurs sought after an ideal hotel for the traveling business man or family. They collected a pool of what they thought makes a hotel comfortable and luxurious and settles of more than one room per room, high quality breakfast that is ready to eat when you arrive at the restaurant, a reasonable price, a resort-ish nature walk feel, and finally a brand name that costumers can rely on. They then had a brilliant idea to have every room in the hotel be a luxury suite. Lobbies are usually full of trees and a pond or river with a bridge over it to effect the resort feel, and complimentary high-quality breakfasts are typically offered. What is the upside to this strategy? The hotel chain is a comfortable and greater choice over the conventional, one-room hotel on the side of the highway. Businessmen who stay out of town for a large period of time have enough space to be comfortable and by getting these long term costumers, Embassy Suites pulls in more money by filling up more rooms for more nights.

-Stephen R