05/16/18

Sanctions Work – ZTE

Sanctions, Big Red Car? How dreary for such a sunny, lovely day in the ATX, yawn! OK, Big Red Car tell me about how sanctions work. Maybe a real world example?

Dear reader, let us take up the case of Zhongxing Telecommunications Equipment, known as ZTE. They are a maker of inexpensive smartphones and other telecom equipment in more than 160 countries and employ 75,000 workers.

ZTE is no small fry on the international scene. When the Chinese government wants to wiggle into bed with a country, they often provide loans as an economic development tool.  Those loans? What are they used for? To set up a nationwide cellular network built by … wait for it … ZTE!

ZTE is an important element of Chinese international policy.

The Chinese also see that a large company like ZTE can break the stranglehold that American tech companies have on China. It is a nationalistic undertaking.

But, ZTE ran afoul of American sanctions. How?

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05/26/16

Lobsters, China, International Trade, Entrepreneurs, Maine Lobster Hustle

Lobsters? Really, Big Red Car, lobsters?

Big Red Car here. Bit dark and rainy in the ATX today but it is almost Memorial Day when we get our torrential floods.

Today, we talk about lobsters. OK, lobsters are your friend and if you go to Red Lobster, you know what I mean. [Pro tip: Go hungry. Go early. Go big. Eat the cheese biscuits but don’t get too full on them.]

Lobster pic 1

Hello, I am a Maine lobster. I am headed to Red Lobster. See you there?

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06/6/14

Labor Force Participation Rate at 38-year LOW

Big Red Car here. Well The Boss got the garage cleaned out, so now your Big Red Car can sleep in security inside the garage. But, wait, the Lexus SUV (a pampered bitch if ever there was one) is going to be getting first dibs on the new sleeping quarters. Life is not fair! But, hey, I love it anyway cause I get to commune with nature and all that jazz.

So The Boss turned a bit serious today when having a hot dog with one of his buddies. They ate at Man Bites Dog, said it was very good. Continue reading

11/29/13

USAA — A Terrific Insurance Company

Big Red Car here.  Oh, it is sunny and clear in the ATX.  Cold, don’t you know?  Get out and exercise off some of that turkey, please.  Burp!  [OMG, Big Red Car, did you get into the 10W40 again?]

So The Boss was talking to a fellow Veteran about the USAA — United Services Automobile Association — a freakin’ insurance company, ya’ll.

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07/29/13

The B-24 Liberator When America Was Great

Big Red Car here.  The Boss was up early this morning and out for a swim.  He likes to swim very early in the morning.  I think the Old Boy is skinny dipping but who really knows?

Something I’ve been wanting to share with you is the story of the American B-24 Liberator one of  the big bombers produced by the United States in response to the looming war.  Second World War, ya’ll.

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07/17/13

The Market is Not Stupid

Big Red Car here.  It’s a quiet morning and nobody is up and stirring yet.  Well, except for that mean old bitch, the market.  She’s been up all night long making the adjustments that she is wont to make.

Ahhh, the sound of rain falling gently on our lovely ATX.  It is a narcotic sound and makes me want to get back to sleep.

But, dear reader, I must tell you about something that is very obvious — the market is not stupid.

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06/12/13

What is Customer Loyalty in the Age of the Internet?

Big Red Car here.  The weather is cloudy in the ATX today.  We are in mourning but I can’t tell you why just yet.  It is a sad, gray day.  Appropriate for mourning.

So The Boss is visiting with a couple of his CEOs and he was giving them an old school definition of customer loyalty.

They liked it — clueless really.  [Haha, Big Red Car, do not be dissing The Boss’s CEOs.  That is both impolite and rude.]

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06/10/13

Warren Buffett, Road Trips and Dairy Queen

Big Red Car here.  Funny day yesterday — rain, sun, humid.  Today has to be better.  It’s supposed to be hot and sunny here in the ATX.

So, the house sitter is gone and The Boss is back from his East coast road trip.

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