[ December 8th, 2008 ]

Size Does Not Always Matter

If you were able to watch the historic dream match between Manny Pacquiao and Oscar Dela Hoya, you can pick up a lot of lessons from it. One is that you don’t judge fighters by how much they weigh or how large they look. It still goes way back to the time where we all believe the practice makes perfect. That theory will always remain and it was proven once again.

Just imagine the betting odds before the fight where Dela Hoya was practically given a 100% chance of winning over Pacquiao. Laying down the odds of how it is easier to step down to a weight level rather than move up was their only basis. Yet after all that has been said and done, we saw smaller and faster fighter prevail in what many call as an upset. For a fighter winning all but one round is hardly an upset.

Saving face for the sake that they never gave the small fella chance should not deprive him of his dedication and hard work. This is totally foul. Why call it an upset when Pacquiao practically destroyed Dela Hoya from the opening bell? This is totally unfair and goes way beyond the proper means of providing respect for people who have proven their worth.

Regardless, size is not always the reason for winning. Heart and determination are still important. In the case of Manny Pacquiao, it was all about preparation and determination. That is why he has gotten the tag best pound for pound fighter today.

During the time of Martin Luther King Jr., we can recall how rowdy most of us were as far as colored presidents were concerned. King was certainly disliked and even lead to his assassination in April 4, 1968. He was standing at the second floor balcony of the Lorraine Motel when he was shot.

It is no secret that majority of the people back then had a thing for the blacks. But today, we find ourselves on the verge of having another black President in the person of Barrack Obama.

But unlike before, we do not see rowdy people cursing and threatening Obama. That is excluding John McCain, his opponent of course who has used advertising mediums to get some leverage as far as their race is concerned. Apparently we see that it is all for naught as Obama is still leading thus far and officially.

Anyway, with all the discriminations left in the past, we are in a new era where political philosophy seems to be entirely better. It is more about what the person can provide rather than what he looks like. It has been a philosophy that we normally believe in even in real life. So if a black president can lead us to better tomorrows then why not?

So as long as we are in the era of being more rational and livid, let us keep it that way. We need all the help we can get and it does not matter if you are black or white!

[ October 15th, 2008 ]

The Bailout Philosophy in Crisis

The bailout trends we have been hearing and reading are indeed something worth looking into. The world is at a crisis and much as we want to do our share, it looks like the fate is left at the hands of people in power in the government and countries that control the monetary system. Businesses are desperately seeking lifesavers and from the looks of it, the bailout philosophy aims to save them from drowning in debt.

While that is a given, you would have to think where the money is coming from. You can assume that these cash reserves were controlled for a purpose and for sure, that purpose is not for crisis to which many did not initially see. These monetary reserves were set aside for something and as an economist, you would think where they would get the money in case they start to be in need.

But frantic as it may, it seems that the problem at hand needs to be addressed. Everyone is panicking and worldwide recession is imminent. So with that in mind will the bailout philosophies work? If so, for how long?

We see the current crisis we have as something that is surely pushing us to the brink of poverty. But while we acknowledge the efforts from the world leaders, when will they get the returns from these borrowed lump sums? Businesses need the boost but as far as these loans are concerned, you would have to think that we may be in for something rougher ahead.

From the eyes of an ordinary consumer, the financial bailout is bound to point to only one thing, save the debt-ridden country from collapsing and nothing else. If only that were the case in doing business then perhaps we would have seen a lot of businesses surviving and economies rising. Sadly, the philosophy of it all is that business is done more than plain business.

There are more business components to consider. One of which is business policies that are sure to be varied, depending on the philosophy of the management team tasked to establish the business venture and create a profit overall. If something goes wrong along the way, you are sure to note that it is not plainly a matter of infusing cash and paying off debt. For how can a business go on surviving if such debts will just accrue over time?

Also, as far as the recourse provided by the government is concerned, it is more than just paying off debt. In exchange, various arrangements such as a stake in the company in the event they fail to settle their financial bailout loan is pegged as one of the key highlights in exchange for a loan. Is that feasible?

As far as companies are concerned, it may be the last hurrah for them. Rather than filing for bankruptcy, they are left with little choices. So in the event they still falter, then the company may give way to political power. If that would be the case, at least they tried and now pass the problem to the government powers. In the end, it is similar to applying a loan using your business as collateral.

Makes you think of the government has a dirty hand in it all. But if that is the philosophy they are applying then they just have to honor it, especially if they sign on the dotted line.

The Philippines is indeed a gold mine for information technology professionals but the fact remains that they need to consider the fact that technology is more than purely educating people. One thing that they sorely lacking is implementation, an instance that has become one of the reasons why some countries always become last.

Locally, the Philippines fail to realize the value of Internet marketing. They pretty much discuss the importance of globalization but rely heavily on individuals using old tactics such as traditional travel or long distance communications to strike deals. By the time they agree on something, chances are that other global partner has long been a success.

The apprehension and common belief of local top executives is that they are afraid to pry away from the current trends of being successful. Current practices such as Internet Marketing and Blog Marketing are sound topics we see on the web and yet most of them choose to ignore it. One reason is that they are only looking for a local market and not the global opportunity.

It is apparent that not all people appreciate the value of globalization. They know it theoretically but the whole essence is sorely lacking when it comes to actual implementation. So in the end, it is a large opportunity lost not only because of arrogance but because they lack the confidence in allowing technology into their ventures.

The current business issues speak a lot. While many are looking at recession and possibly business closures, others are sitting comfortably and waiting for the expected boom from Internet technology. It is happening right now. They just choose to refrain from stepping out of their comfort zones.

If the US government can easily decide and fight for providing aid to the business sector, expect a lot of issues to come up. For one, any business for that matter can simply declare financial instability and seek financial assistance from the US. That is as simple as that and the value of truly engaging in business may yet lose its luster. A Bush Blunder? Perhaps. The intention was good but that fact is that if you lack the business knowledge to understand the mechanics of proper business operation ethics, chances are you have made a decision out of impulse.

President Bush cannot be entirely blamed. He is simply looking out for the welfare of his country. But while that is obvious, it is also a move which many foresee as lacking in deliberation and analysis. You can pass on the bill to Congress for approval. But wait a minute. Who are the people in congress? Political figures too right?

So if common sense were to be inserted, who in his right mind would not vote for the bill? They are part of the whole mess and if they are not careful, they may be placing themselves close to recession and economic turmoil. And if you are in that concerned country, where would you get the liberal mind to vote against it?

The world is watching and surely many sectors are keeping quiet. It is a move many are criticizing. Only time will tell on whether their own personal philosophies will indeed be ratified as far as doing business is concerned.

Observe the two candidates today, John McCain and Barrack Obama, and you will find contradicting philosophies. In fact, you may be surprised at the fact that they do not agree at all on a lot of aspects such as global warming and the oil supply issue. If you were a voter, one of these two things would be important to you. So if you were in the position of McCain or Obama, which would you target?

Well before anything else, it also depends on what you believe in. Both have used them as part of their agenda whenever they come out and speak in front of the territories to where they are campaigning. In debates and their advertising mediums, you will find that they emphasize on these points, hoping that they will click and become heroes in the eyes of voters, if and when they win the elections.

The philosophy of one is different from another. A lot of factors such as cultural, social and technology factors come into play as far as concluding a philosophical summary of what things people would care about.

In politics, the philosophy of the overall leader will be closely monitored. For one, it will be a measure of his competency and how well he can drive a nation. These are pretty big shoes to fill and if you think about it, one minor error could lead to disaster as far as voter confidence is concerned.

In philosophy, do what you believe in and not what others want you to do for them. Doing so may put you in a position where you may eventually regret trying to be who you are not.

In today’s world of rising prices, companies have adapted the economical way of trying to do business. Offering products in smaller amounts such as sachets or lesser proportions may seem brilliant but do remember that companies are only offering products in these packages to make sure that their products are still within reach of the wise-spending consumer.

The trend today is for people to go for alternative products which cost less but provide the same satisfaction. But for the branded and known companies, they would re-engineer their products as far as packaging to downsize cost. While they are catered to people who can no longer afford the normal packages, there is no guarantee that they will still be bought.

Quality is something that has taken a lopsided downturn. While the consumers hate to admit it, the reality of it all is adjustments towards the normal lifestyle. Branded consumer goods such as rice, soap, shampoo or cooking oil are no longer within their reach. So rather than go for the superior brands, turning to the competitor or class B brands seems to be feasible to fit into the consumer’s budget.

Where does this leave the grade A brands? Well for sure, they will not lower price since the proper costing needs to be addressed. They can offer alternatives for the loyal patrons but that is no guarantee that they will retain their level of competency in the market. Remember that right now, quantity is still what people are looking for. But for brand loyalists, sacrificing quantity may be an alternative but may not necessary be the solution they are looking for.

Some students have been fighting for their ability/right to carry concealed guns in school (to date is only allowed in one state in all of the US) and they say this is necessitated by the utter inability of law to prevent violence in schools/colleges.
I’d beg to differ at that point and as a parent, that may be the craziest idea anyone can cite as a solution to the gun problem. A gun is a piece of metal which sadly has the ability to take another life, it’s the man who does the killing and not the gun and that being the case is a very very difficult point to explain. All the psychological exams in the world cannot say when and what causes a peaceful loving man to suddenly take a weapon designed to keep the peace and use it to kill somebody else.
Kids with guns are kids with uncontrollable rage and with all the open ends a gun is still a gun and a kid is still a kid (yes even you college students are kids as I was once one).
A school is a place for learning and not for self-defense! Whatever the constitution or law may state, guns all over is an invitation for violence and that’s a fact (what about kids who are related to gangs, should they be given guns too just because they passed a gun concealment training course? Or what about the psychologically unstable kid who seems all normal to everyone who turns nuts at some form of trigger causing violence tendencies to suddenly come alive as with the Virginia Tech incident!)

The mouse you use, the computer I used to make this post, all of these are wonders of modern technology that has made life way easier that it was a few years back but all of these stuff contain or involved the use of extremely toxic substances that all have to go somewhere (guess where)?
Developed countries have the might and will to engage and develop sustainable economic growth but what about the majority of people on earth who live in developing economies (wait they have uses, they receive the trash of others so we don’t have to worry about them).
Power is one of the most polluting industries the world over yet we consume lots and lots of electricity for we are addicted to it. That iPod, PSP, Cellular Phone, etc.; all of them consume tons upon tons of electricity (take the new iPhone and multiply the power consumed by one charge and multiply it by the number of units sold and you’d get the picture). We are way past the point of no return and we have to pay attention to the so-called “nuts/activists” you get mad at who caused the traffic jam on your way to work for what they are saying is true, life is getting harder and harder each and everyday. We humans are the only ones who have the ability to talk and communicate with each other and what about the millions of GOD’s other creatures we kill directly or indirectly through our actions, who’s listening to them?
Global warming is an old issue the real issue is that we are now faced with an inconvenient truth, WE HAVE TO LISTEN NOW, or else!!!!??????!!…..