A Man In The Right Place

Another company was formed in 2008 -- bgC3 LLC (www.bgc3.com/) by billionaire Bill Gates. The firm's placard, bgC3, is thought to probably stand for Bill Gates Company 3, and the new firm has been touted by some writers as another possible Microsoft. Please get a grasp on reality. That Gates is some kind of genius who propelled the globe and all of its lemmings to the information age is incredibly naïve. Nearly all 1977-era computing technologists engaged in developing small computing devices centered around the 8-bit microprocessors were conversant with and actively using Digital Research's CP/M operating system.

(see www.digitalresearch.biz/CPM.HTM).

Simply put, what Gates did was to engage capable technologists and slick negotiators, some of these holding unscrupulous business skills, to eventually acquire unconditional rights to the unauthorized cloned upgrade of CP/M operating system produced by Seattle Computer Products (SCP). SCP's operating system, named SCP-DOS as later upgraded to 86-DOS, sports a virtual copy of CP/M user commands and a strikingly similar applications programming interface. To the user, that makes 86-DOS, PC-DOS and MS-DOS "look and feel" essentially identical to CP/M.

(see en.wikipedia.org/wiki/Gary_Kildall).

The CP/M & clone 86-DOS operating system combination are the essential products developed completely outside Microsoft that became the baseline for Microsoft DOS. (see www.digitalresearch.biz/GATES41.HTM). Without the acquisition of this fiddled clone of the CP/M operating system, the Gates led Microsoft would likely be just another capable group of software development tool providers. Gates is an aggressive and sometimes predatory procurement artist, whose leadership style smacks of strong antitrust tendencies. He fortuitously surrounded himself with superior technical, business, and legal personnel in a collection of talent that cultivated a successful Microsoft. It was this team of working engineers, technologists and technical management business people who made Microsoft successful. But there is a point where predatory behavior becomes dangerous even to the predator.

It is simply amazing to deny that Bill Gates is just another smart and very lucky man, a forceful marauder in the right place at the right time.  Gates is a man with important connections, who sometimes used marginal or downright unethical and illegal business practices to acquire technology and smother competition. Presiding Judge Jackson in the 1998-2000 antitrust case United States v. Microsoft states that Microsoft executives had "...proved, time and time again, to be inaccurate, misleading, evasive, and transparently false. ...Microsoft is a company with an institutional disdain for both the truth and for rules of law that lesser entities must respect. It is also a company whose senior management is not averse to offering specious testimony to support spurious defenses to claims of its wrongdoing." Solid business ethics are important in a company's formative years...and executive leadership in a younger Microsoft firm apparently had no firm foundation in business ethics. Bill Gates' technical business history for distorting the truth, even while under oath, is a matter of official judicial system record.  

(see en.wikipedia.org/wiki/United_States_v._Microsoft).

Greed and Dishonesty by Stock Market Manipulators

For goodness sake! A blind man can see that unprincipled and rampant naked-short-sellers, masquerading as good-for-the-market hedge fund management, are manipulating current stock markets. Out of control market speculation is a significant cause in the present inability of the stock markets to operate correctly. The investment seems to be the forgotten market purpose--while driving stock price down in a loose confederation of short selling more the rule. Money is selfishly extracted--not by investment--but rather by sucking the lifeblood from business. Immediate controls are necessary for these money-hungry stock short-sellers and hedge-fund operators. Several corrective steps have been mentioned over the past few months to corral these callous and deceitful market thieves. Here are just a couple of rational changes that will immediately yield a more honest and effective stock market:

1. Immediately place the up-tick rule in effect. Short sellers can not sell stock they don't own when that stock is losing value. Short sales are allowed only when the stock price is gaining.

2. Eliminate “naked short selling”. Short selling should be backed by legitimate “borrowed” stock…where trading rights to that short stock is paid for by a non-returnable and significant lending fee. Audit and investigate more aggressively...and institute very significant penalties for proven naked short selling.

These and other appropriate oversight should be directly implemented by the swift action of the Securities and Exchange Commission--or by Executive Order of President Obama should that be required. More market regulation is urgently needed! So far the new president's administration has paid little more than a healthy quantity of lip service to a stock market out of control. Immediate executive action is both required and necessary. Investors should personally look at the hedge fund cabal. Clearly, too much money concentrated in too few hands. Absolute unchained collaboration with strong anti-trust implications is apparent. No wonder hedge management spends big dollars on federal lobbyists to help preserve their unregulated status. If they had to deal with full transparency in the light of day they would move like cockroaches for shadowy protection under rocks.

Scum will always float to the surface...

Satire on Digital TV Transition

To delay the Federal Communication Commission’s Digital TV transition mandate is very plausible--considering the financial mess that congress and the administration has generated. And yet such delay is just another example of an unbelievable lapse in government wisdom. Most of the “Great Unwashed” will simply put off those personal steps necessary to make an in-house DTV transition--for a period equal to any proposed delay. And to heck with those dumb little government converter coupons. Just send everyone another government check--call it a “converter stimulus check”. Funding might well be cut from the just authorized--$350 Billion Bush Administration’s Troubled Asset Relief Program. Or perhaps some of the forthcoming $825 Billion Obama 2009 Stimulus Package could be used to buy free converters for everyone. A billion here--or a billion there--that is just chicken feed. And DTV converters should be purchased only from American firms--that is if any could be found. And when an American converter firm is not found, use some more of those federal funds to build a factory. Think of it! An instant domestic high tech job creation program building DTV converters, a mandated emphasis to “Buy American” might be placed on components for DTV converter manufacturing, and all while rejuvenating a domestic electronics industry we let slip through our hands decades ago. Then the responsible people who have properly prepared for DTV transition could join hands...while singing “Kumbayah”. Together, we shall hold high hopes that recipients of converter stimulus checks spend the free cash on Digital TV Converters--rather than Coors. That free federal money worked so well for our economy last time. Now this is a government take over of personal responsibility at its finest!

New York State’s Troubling Budget Shortfall

Simply put, immediate state legislative steps must be taken to reduce New York State spending. Increasing taxes and fees on already overtaxed state residents will directly result in a significant population and business migration to locations without the ridiculous financial burden imposed by New York State’s sales tax, property tax, school tax, and extravagant state fee structures. Marginal business will simply cease to be going concerns…and fold up shop. There will be no billion-dollar bailout for small business. An elementary principle in basic economics is the “Law of Diminishing Returns”. Typically applied to manufacturing & agricultural production--the law can logically extend to government taxes and fees. Beyond some point--further increases in taxes and fees--will rationally result in a smaller tax base and smaller treasury revenues--particularly when many residents and businesses have alternatives to live and do business elsewhere outside of New York State. Here are seven commonsense state legislative initiatives that should be immediately implemented:

• There should be no new NYS taxes and no new fees.
• Current NYS tax rates should not in any way be raised.
• Current NYS fees should be frozen at January 1, 2009 levels.
• No new or expanded NYS spending programs should be approved.
• No increase in current state agency budgets, not even as adjusted for the present very low inflation rate.
• Cut unclassified NYS employees, contract employees, and consultant services by 25% on or before September 30, 2009. Any state programs impacted by fewer consultants--and/or less employment other than by civil service classified employees--should be delayed, extended, or terminated.
• Effective October 1, 2009, offer current classified NYS employees over age 50 a rational early retirement incentive program; where employee physical age plus years of state service = 76 or higher, employees may retire--at their descretion--from state service within their current tier without early retirement penalty. The agency shall hold the item vacant for a period of not less than twelve months.

A Hawk's Front Yard Visit

Saw a feathered blob sitting in the front yard yesterday, just looking around on top of the snow about 200 feet from the front of our house. Watched it for a while through field glasses--and finally identified it as a probable Cooper’s Hawk--or possibly a young Red-Tailed Hawk. The hawk just sat there in the snow for perhaps 10 minutes or more--then I realized it was in process of killing something. I think the hawk must have knocked a Mourning Dove out of the air--then pounced on it for the kill--with those powerful talons. Signs of the struggle were very localized to the spot where the hawk was first seen. Our urge to run outside and drive the hawk away was suppressed. It is not our intention to provide a buffet for hawks…but they struggle for survival in winter too. We watched as most of the dove's feathers were plucked out--and then as the predator ate practically the whole thing. Very interesting...never have seen anything like it before. After the hawk finished dining, went down to checkout the spot--just a bunch of feathers and some spots of blood--not much evidence of the dove remained. We feed birds in the back yard area, where all the local feathered residents enjoy the seed, suet, and table scraps. Three American Crows (Moe, Larry & Curly) join us for daily breakfast, complemented by many Gold Finches, Chickadees, Dark-Eyed Juncos, many Sparrows, Tufted Titmice, Cardinals, White-breasted Nuthatch, Mourning Doves, Downy Woodpeckers, Blue Jays, etc.--all the standard feathered species found here in the Upper Mohawk River Valley.