Filed under: Canada, Capitalism, Cool Site of the Day, Domestic Policy, Environment, Free Markets, Freedom, Intelligence | Tags: Careful Craftsmansjp, Smoke and Flame, The Artisansal Touch
This is That profiles Smoke & Flame, a Vancouver artisanal firewood company that is selling bundles of kindling for $1,000 a bundle. For more, visit http://www.cbc.ca/thisisthat Craftsmanship!
Filed under: Blogging
Sorry about the missing blogging. Downloading Windows 10 did not go smoothly. Our anti-virus program did not like the download, but it took a lot of time to figure out what was going on. Then there’s more that’s different than I expected, and will take some getting used to.
Filed under: Blogging, Cool Site of the Day, Election 2008, Election 2016, Humor, Politics | Tags: Good Humor, John Flowers, McSweeney's
Through the Ages
By Jonathan Flowers
The ancestry of Donald Trump stretches back to the Ancient World. Listen, as several of Trump’s forebears recount some of the most famous moments in history.
The Death of Julius Caesar
So this is, maybe, a week after the Ides of March. I’m in Rome. I got a new coliseum there. Great coliseum. I build a lot them. Make a lot of money. Very successful.
So I’m in Rome. And Brutus and his cabal ask me to say a few words about Caesar. Really, begging me to say something about him. And Brutus is an honorable guy. So, I’m like, “Sure. Whatever.”
But then right before my speech, Brutus comes up to me — he’s real nervous, Brutus — and he says, “Whatever you do in your speech, don’t blame me for Caesar’s death.”
The whole thing is here, and Funny! He captures “the Donald” to perfection.
(h/t: Powerline, and thanks)
Filed under: Blogging, Domestic Policy, Health Care, Junk Science | Tags: Head Cold, Chest Cold, Ache All Over
Filed under: Blogging, Domestic Policy, News of the Weird | Tags: Computers, Enable/Disable, I Don't Speak Geek
Sorry! I have been having computer problems. They seem to be multiple and separate. Fix one, and there’s still another. Or multi-anothers. I’m not sure.
This is not me, but it captures the mood. Had a Doctors appointment this morning, I was on time, he was running an hour late. My coffee maker quit. My wireless mouse and keyboard weren’t connecting, or only after long waits between strokes. You have had similar experiences, I’m sure. Life is not designed to go smoothly every day. Then there was Mr. Obama’s unbelievable press conference.
Keyboard and mouse are working. The problems may be solved. I will not take anything for granted.
Filed under: Capitalism, Cool Site of the Day, Economy, Freedom, Politics, The United States | Tags: Apple, Economist Mark J. Perry, WalMart
Economist Mark J. Perry, wrote at the American Enterprise Institute:
Why do progressives hate Walmart for low prices and its 3% profit margin but love high-priced Apple and its 24% profit margin?
Evil Walmart makes a lot of money, right? We hear that all the time even though the retail giant’s profit margin was only 3.12% in the most recent quarter. Interestingly, we never seem to hear as much about the much higher profit margin of Apple, the “darling of the progressives.” In the most recent quarter, the computer behemoth with a market capitalization ($725 billion) that exceeds the value of the entire stock markets of Mexico, Thailand and Russia, had a whopping profit margin of 24.2%. No wonder its market cap is so astronomical.
Here’s one way to put Walmart’s 3.12% profit margin in perspective. Over a typical 31-day period like the month of March for example, Walmart generates about $40.5 billion in sales revenue (roughly $1.3 billion per day). To generate that amount of sales, it costs Walmart about $39.3 billion every 31 days to pay for all of its expenses: merchandise to stock its stores, shipping expenses, the cost of labor including fringe benefits, utilities, corporate income taxes, property taxes, payroll taxes, interest expenses, advertising, etc. After incurring all of those costs to provide the merchandise for consumers over a 31-day period, there’s about $1.26 billion left over for profits, which is also 3.12% of the $40.5 billion in sales revenue.
In contrast, Apple’s whopping 24.2% profit margin means that the company can typically cover its costs to operate for 31 days in a little more than three weeks (23.5 days) and it then usually has 7.5 “profit days” every 31 days. That is, for more than an entire week every month, all of the sales revenue collected by Apple during those 7.5 days turns into profits for Apple’s shareholders.
Do read the whole thing. There’s lots more, and a good lesson in both politics and economics. And Progressivism as well.