CEOs: Shut your mouth and leave your politics at home!

By The Hypercapitalist

@DavidDocekal

To those CEOs who let their political and religious views interfere with their businesses( i.e. Chick-Fil-A and Barilla), here’s some advice: Shut your mouths!

Didn’t you learn anything in business school?? Money is more important than anything so shut up and do your job!

All you do is alienate potential customers and money is what makes your company survive. If I invest in your company, I don’t care what your opinion is on gay marriage. I don’t care who your political candidate is. Make me money! You don’t like gay marriage? Keep it out of the office. Judging other peoples lifestyles is not your job. Your job is to make money! Plain and simple.

In the case of Chick-fil-A a couple of years ago coming to Chicago, the CEO stood by his stance of not liking gay marriage. His own employees were telling Chicago not to listen to him. They saw the value of being in that market. Chicago did not want to support a company that didn’t support gay marriage. Now if the CEO would just keep his opinions and so-called religious views to himself, he would already be high on the hog in Chicago. His own company has repeatedly come out to say that they do not share or want to represent his views.

Mr. Cathy! Keep your mouth shut and make money!

In the case of Barilla: Mr. Barilla, keep your mouth shut and make money!Image

References:

http://money.cnn.com/2013/10/01/news/companies/barilla-gay-apology/index.html?hpt=hp_t2

http://www.washingtontimes.com/news/2013/jun/28/chick-fil-ceo-dan-cathy-deletes-tweet-gay-marriage/

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The Pope & Money

By The Hypercapitalist

@DavidDocekal

Perhaps it is sacrilegious to disagree with the pope as I have family that our devout Catholics however last week Pope Francis criticized the worlds economy. How dare he! He is in NO position to denounce such an important part of our lives. He mentioned to the world that we worship a so-called “God of Money” and that is wrong.

For shame, Pope Francis!

From someone who worships this “God of Money”, let me say I am very disappointed. Until now I was enjoying the prospect of having a Pope that has actual realistic views of the world and its people. He of all people should know that he should respect other peoples ideologies and religions. I am saddened that I have to turn my back on one of the most iconic religious figures of our time.

I understand that the root of his argument was that there is rampant joblessness in the world right now but the path to fixing that is not denouncing the only tool to fix the problem. You may pray to fix joblessness and that is fine but remember, money and the economy are the tools used to answer that prayer. Without money, this world would collapse into chaos.

In the popes defense, he is giving words of encouragement to people who have lost everything to great depressions throughout the world but let me say this: Denouncing money itself is not the answer. Getting to the root of the issues causing depressions is the answer. That is the true path to righteousness.

Respectfully: You may have the ear of God, sir. But so do I.

References: http://www.reuters.com/article/2013/09/22/us-pope-economy-idUSBRE98L04H20130922

The Problem(s) with BlackBerry

The Problem(s) with BlackBerry.

By David Docekal, The Hypercapitalist @DavidDocekal

Image from Amazon.com

This week BlackBerry (formerly Research In Motion) announced plans to go private and agree to be sold to private equity/insurance firm Fairfax Holdings of Canada. Fairfax is in turn paying $9 a share for a stock that is currently worth about a dollar less. According to Reuters, Executives of the struggling company sold stock immediately following the warning of a quarterly loss and massive job cuts amounting to 4500 workers. It makes other investors wonder where their faith lies. Blackberry has been a household name for years by being the pioneer of the smartphone arena. The roots for the losses are not being attributed to its hardware product line (which has recently received positive reviews) but rather its software offerings. iOS and Android have featured popular apps such as netflix and instagram while Blackberry has not. The apps that Blackberry does carry, like Facebook, are not updated regularly by the developers. This approach to the software side leaves consumers wondering ‘Wheres the incentive?’.

To compete against Google and Apple, companies like Blackberry need to amp up their operating systems and app markets. Blackberry is still a popular platform with a sound following which includes President Obama. It isn’t too late for the hardware maker. This won’t be the end for this so-called household brand. Perhaps a move to Android is in order? A focus on hardware may signal a turnaround. I call this move the “Reverse-Sega”. Just make sure it has BBM…

Sources:

http://www.cnbc.com/id/101061600

http://money.cnn.com/2013/09/25/technology/mobile/blackberry-apps/index.html?iid=HP_LN