To help further illustrat Circuit City flushing itself down the toilet, here is an excellent timeline provided by the great folks at Consumerist, the best blog on the planet for consumer activism.

Circuit City did the unforgiveable.   They are in a the service industry.  Their product line does not differentiate itself from their competitors in any significant manner.  That means any added value must be gained form the service that the stores render to the customer.  The fuck ‘tards who were in charge of CC have the highest amount of arrogance.  They think their leadership adds value, and they can get any $8/hour scrub to succeed because their leadership is what matters.

The market always punishes such arrogance.   Their operating officers thought they were in the electronics business, when in fact they were in the service business.  They took their single most imporant assett and flushed it down the toilet.  Good riddance. Anyone who was still at Circuit City after the cuts one year ago was asleep at the wheel.  This company had horrible leadership and was doomed.   When you have screw ups like Philip Schoonover running the show first get rid of the stock.   If you work for that company, it is time to jump ship.

Find the companies making gross errors and short them all the way down.  You can no longer count on companies to hire CEO’s that have a clue how to run a business.  Schoonover had a deal for $6-$8 a share. amd Circuit City piddled around until Blockbuster got cold feet.   A big “Fuck You” to Philip Schoonoveris deserved, but understand he isn’t the only one.

It would be sad if it weren’t so funny.  In an earlier post, I outlined that Yahoo’s deal with Google was a huge strategic fuck up.  Now that Google has backed out of the deal that Yahoo! so desperately needed, Yahoo! is headed for disaster.

Yang has sold the deal as the salvation of Yahoo.  Everyone with a functioning brain knew that Yahoo! desperately needed the deal and Google was only doing it to piss off Microsoft, but was far from necessary.  Had the deal passed, Google would have slowly been a more and more important source of revenue. Once they knew Yahoo! couldn’t live without them, they’d pull the rug out from under them.  It’s the harsh strategy of bringing somoene under your protection and then weakening them until they can no longer defend themselves. Then you throw them to the wolves.

$33 was the price.  The stock is now worth $14/share.  $33 was more than a fair premium for a company that had started it’s long slide into the Abyss.   Why was this deal turned down?  Ego.  Jerry Yang’s ego took precedent over his primary responsiblity to the company and it’s shareholders.  He violated a basic principle of business.  Check your oversized ego at the door.  It’s not about you, it’s about your company and the shareholders who have made you disgustingly rich.

Oliver Stone

Oliver Stone has been a relevant director for about 15 minutes in 1986 when he made “Platoon” which was a semi-decent Vietname war movie which netted Best Picture which ranks it as one of the most overrated movies of all time.

Stone’s other forays into history are the incredibly badly done Nixon and the successful but ADDA style film J.F.K.  A most basic look at the accuracies of these movies shows they are about as awful as they come.  When it was announced he’d be doing a biopic on George W. Bush, most people dismissed it out of hand as a political hit job just in time for the election.  Being an infamous liberal in Hollywood, it’s timing appears to comes off as a patronizing piece of propaganda.

For the first time, Stone has actually put a movie together from top tier sources and the movie appears to be mostly accurate.  Far from a political hit job, the movie has plenty of inside sources and appears to be a fair treatment of the sitting President.

So why is Stone a dumbass?  Because no one gives a shit.  There is no point in doing any movie about George Bush, especially by a paranoid hollywood liberal.  Every single imaginable attack on George W. Bush has been done.  Attacks on his policies, family, friends, intelligence, speaking, looks, fans, have all been done at every level of taste and accuracy.  There is nothing left to say.  Nothing left to do.  All the jokes, accusations, and stories have been done.  Nothing will be discovered or learned and no minds will be changed.

The story of George W. Bush’s presidency has hit full fatigue.  It’s why Obama’s campaign slowed the more he used the McSame talking points.  The President is more than a lame duck president.  He is already out of the hearts and minds of the populace.

At this stage, Oliver Stone’s movie has all the effect of a knock-knock joke you’ve heard one too many times.  The movie will generate mixed reviews and low ticket sales.

AIG

I am a believer in capitalism.  I believe that the strong, smart, and innovative survive and I believe that people should be rewarded for risks and performance.

It is for that reason that I find the behavior of AIG executives to be absolutely fucking disgusting.   It’s not enough that these losers ran a company in the ground that will costs tax-payers billions.  It’s not insulting enough that they needed a second bail-out only months later. and have driven the stock down 95% in one year.

http://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1224224411260&chddm=98923&q=NYSE:AIG&ntsp=0

These non-performing no talent ass clowns were busy taking a trip to England to go bird hunting at the cost of 10K per person just days after emergency loans by the government.  While their investors sit with stock that is as close to worthless as it gets, they are busy hunting in a style reserved for royalty one hundred years ago.

I wish the populace were the same as they were 100 years ago.  If the stock holders a century ago  knew what was happening, they’d have them drawn and quartered.

People want transparency in the markets, they want to reward great CEO’s.  Steve Jobs is dying of cancer and he’s performed miracles at Apple Computer.  No one on the planet cares how much they pay him.  He has performed.  But these packages for failing CEO’s are enough to make even the staunchest free market fan like myself sick.

If you believe in the capital markets like I do, a cock-punch to one of these douche-bags isn’t out of the question.  Lehman’s CEO got knocked the fuck out in his own gym.  Kudos to the man who did it.  I don’t condone violence, but it’s likely the only consequences he’s had for shitting his company down the drain.

Fuck you Sebestain Preil.  Fuck you Alvaro Mengotti.  Fuck you for having no shame.  Fuck you for performing at a level slightly below retarded and slightly above dead.  I hope every day you walk into your office ready to piss yourself out of fear that someone who just lost all they put into your company breaks your fucking face.  That would be far more fair than what you deserve.

Michelle Caruso Cabrera

Michelle Caruso-Cabrere is definitely hot.  There is no question.  Check out the photos, and it’s definite proof.  But out in the blogosphere, there is some talk that she might eclipse CNBC hottie Erin Burnett.  Talk like that is pure bullshit.  There is always that guy who has to play contrarion.  They have to root for the underdog or like that shitty indie band that they declare is better than the Beatles.  This that instance.  Erin is still the Hawt on Wall Street, and I’ll prove it.
When you see Michelle, if asked a pointed question about sleeping with her, you’d definitely say you’d nail her.  She’s sexy.  But unless someone asked you specifically, it wouldn’t really enter your mind.  Let’s compre that to Erin Burnett.  Guys walking by the television with absolutely no prompting at all  and not knowledge of financial marekts will say “man…I’d fuck what Wall Street chick…

That my friends is the difference.  Yeah, you’d take Michelle home from the bar, but Erin’s the girl you’d be thinking about later.

Well, Kimbo stood in the ring with someone who actually knew what they were doing, not some scrub whose fight accomplishments are stomping someone’s ass outside a bar with 15 of their friends playing backup.  So Kimbo’s shit got rocked by what is considered a marginal MMA fighter.

Put Kimbo right next to “Star Wars Kid” and “Chocolate Rain” as an internet phenom whose 15 minutes are up.

What’s insulting is the belief that this would actually motivate someone to vote. What the fuck do these “actresses” know about politics? I’ve seen them both act. They’re fucking terrible. If they didn’t have perky tits and cute asses, they couldn’t land a part at your local community theater.  If they suck ass at their chosen profession, why do they think they are smart enough to inject themselves in the political process as saviors of the public?

You go back to making shitty movies and television where you pretend you have talent and we’ll watch them and pretend we’re watching because you have talent.  That’s the agreement.  You know fuck squat about politics.  If you care, show up and vote yourself instead of insulting the public.  Anyone who is actually persuaded to vote from watching this video is too fucking stupid to understand any of the issues and we don’t want them voting anyway.

This is what they are good at and what they should stick to.  Long music interludes where they show off their assets with no dialogue.

Note: In the interest of disclosure, I have jerked off to "Into the Blue",
but not "Heroes", that shit is for nerds.

Well, it’s time to take a look back. On the day of that post Yahoo was trading at $26 and change. At no point did it ever trade higher. Currently they are trading at $18 per share. Anyone who held absolutely lost their shirts. Good job Yahoo!

Yahoo Sucks

Thanks. That’s really inspiring. I was completely fooled by that video. Here I thought you didn’t care about voting by making all these statements about why voting is bullshit. And I was all mad and then you completely turned it around like an M. Night Shyamalan movie and completely blew my mind. The best part was when you had to tell me I had to register to vote because I’m to fucking stupid to figure that out on my own. That was complete brilliance!

Where were all these geniuses when California decided to vote itself in the sewer? Horrible schools, terrible pollution, no plan on immigration, and the second highest foreclosure rate in the country. Oh yeah. They’re off flying their private jets that pollute more in one trip than you do in a lifetime. They live in gated communities and send their kids to private schools and without illegal aliens they pay low wages to, they wouldn’t have gardeners.

Fuck you Hollywood. You know who gets people to vote? Old ladies that are retired who go door to door in every town and volunteer to work the polls. Democrats and Republicans retirees who volunteer day after day to work in schools and library’s to help register and count votes and certify elections. That’s what makes this political process go. You should be kissing their asses for doing all the work you late arrival attention whoring credit stealing bastards.

Joe Biden

Yes I know it is an early call, but I feel confident that Obama will make the most logical choice.  Obama’s biggest weakness is Biden’s biggest strength.  Obama has made some critical errors when he has spoken about foreign policy, and Biden has been the one to counsel him on why his mistakes looked amateurish. (Iran)

Edwards decided to shit the bed and remove himself as the most obvious choice  by banging a woman while his wife had cancer.  Classy.  But this isn’t about Edwards.

Biden has already run for President and been on the national stage.  That is experience that cannot be ignored.  My subsequent guess is that after he announces Biden, he’ll regain that five point drop he slowly lost to McCain.  The ads are effective, and Obama’s only response has been about the spirit of the ads.  Wake up Obama.  This is the big leagues, and you only get so much mileage with that line and it really only works on someone like Hillary.

If I am wrong, his other choices are a major strategy failing and you’ll see him continue to slide in the polls.