Posts tagged “economics”

Ten years in, music industry begins to get it

I wasn’t the first to the checkout lane with an mp3 player. I am a music hoarder and therefore loved the idea, but when they broke on the scene I was a poor college student and there simply wasn’t enough money in the beer fund to buy the pricey gadgets that let you put 200 (!) songs on one CD. Then graduation day came and a generous Aunt and Uncle later, I was rocking the Rio Volt SP100. I was in hog heaven.

I hit the eurail that summer, Volt in hand, and there were near fisticuffs with my traveling companions over this player that today can be had at Walmart for $20. Why? Well, on the train, there isn’t a lot to do (at least not in 2001). Music can get you through a lot of boring and confining moments on overnight hauls. But the macro concept there was the fact that you got to take your music with you.

Portable music libraries entered the consumers mind with the walkman in the 80’s, but it wasn’t until the mp3 player that your music fit in your pocket. There wasn’t a bulky shoebox of tapes or Case Logic book of CD’s that had to be toted along with your gadget. Your gadget now WAS your music! Most excellent.

We’ve recently celebrated the 10th anniversary of the mp3 player and I am seven years removed from my Rio delight. I am happy to report that the music industry might finally have figured out how to interact with consumers on the digital playing field.

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I now have polling!

Forget the Pew Center or NBC/WSJ polls. Those “oversampled” ballots aren’t worth the effort when all you need to do is dial up a little and let your voice be heard! That’s right, I finally got the Democracy polling plugin installed, so now you can answer my questions, from the inane to the insightful. Vote early and vote often, won’t you?

Have a wunderbar weekend!

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Bear Stearns & the New Depression: not so great

Hang in there!

Image: Jennifer McKnight-Trontz

Hang in there!

Depression is a technical, financial term that may or may not apply today (remember: liars use/make/lie about numbers, so you can’t believe the numbers). Regardless, the current state of American life if hardly inspirational, so I’m going with the term. Now, before you stop reading this because it is too depressing (did I already lose you, Mom?), I’m not suggesting we are hopeless here. Instead, I am suggesting that we get all French Revolution on these sheißkopfs. I am sick of the American public being victimized by the plutocracy that runs this land and (I think) you are too! So instead of curling up into a ball, pick up a torch and storm the friggin’ Bastille with me, ok?

So, how did we get here and where is here (and where is the Bastille)? Well, here is actually teetering on the edge of the collapse of the American economy due to predatory lending practices, successful lobbying of Congress and failure to heed historical bellwethers of sound investment.

Shit, I just lost the rest of you, didn’t I? Don’t go, please. It gets good after the jump; I name names… Read the rest of this entry »

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