Politicians who believe that free market is “compassionate” have never ran a profitable business before or are just lying.
A profitable business will serve their richest customer the best. Serving 2 wealthy customers is easier than serving 10 customers with a strict budgets.
Many businesses will always take advantage of unknowledgeable customers. That’s why elderly people are still paying for AOL dial up internet every month. That’s how 13 people died and years passed before GM finally made a recall.
There are no incentives to serve the poor customers unless you can reach a massive scale like Wal-Mart. I can bet that Fedex has no interest in delivering your letters for 49 cents.
Take this in the context of health care. Do you want Wal-Mart like service for your medical needs?
source of motivation: http://reason.com/24-7/2014/06/11/dave-brat-the-man-who-beat-eric-cantor
Twitter started with strong roots in minimalism. Getting information fast and succinctly. When it launched in 2006, Jack Dorsey envisioned it as a SMS communication app. Subsequently the character limit was set at 140 characters. Jack’s first real tweet was “inviting coworkers.” That’s not how we use Twitter nowadays. Twitter has becoming a publishing platform for news and opinions rather than friendship status updates. It should start embracing more substantive thoughts. Posting quick status updates such as “Going to NYC” works well for celebrities or people with significant followers, but for their new users this post would be pretty meaningless…
Next week, I will be flying on United Airlines from Austin, TX to Edinburgh, Scotland, then coming back from London.
The retail price of this trip: $1249. The price I paid: $167. The $167 was mostly due to European airport fees. Last year I flew from Austin to Shanghai and back on AA for just $60.
How is this possible? The answer is credit card miles. Not just any credit card where you earn a mile for every dollar spend, but a credit card that gives you at least 25,000 bonus miles just for signing up.
The number of airline miles need to…
I listened to something surprisingly wise on a sports podcast. The broadcaster was talking about the 2013 Dallas Cowboys draft picks. He said, "Don't get mad at stupid, just laugh along with it. A lot of people are mad at something stupid they can't control." I should apply this in all parts of my daily life.Next time someone tells me something absurd i'm gonna give it least 10 seconds of awkward laughter.
Credits to the Galloway & Company podcast http://c.espnradio.com/audio/1704804/galloway_2013-04-26-184104.48.mp3?ad_params=zones%3DPreroll%2CMidroll%2CPostroll%7Cstation_id%3D569