Quickdraw

What Do We Need In 2009? More Failure

Unlike in the case of terminally ill humans, there exist no laws to prevent the euthanization of businesses ...

Pull the plug! Most Americans would prefer to see the Big 3 survive and become healthy once again ... unless that means we all must ante-up from our own pockets an absurdly large sum, to continue life support. It is a commonly accepted premise throughout many fields, that getting rid of the bottom performers promotes a healthier big picture. It is certainly true in the business world.

Few people would knowingly chose to buy the less effective drug, the poorer investment choice, inferior products, or the runt-of-the-litter ... especially not when they are priced at or above better options.

I see the future of the Big 3 resembling this: The phoenix that will rise from the ashes of their galactic short-sightedness and failure will be a better business model. Let them die ... in a few months, perhaps a year or so, the economy will resurrect itself and be stronger for the experience. If we continue feeding this monolithic failure, and throwing good money after the bad, then our grandchildren will still be paying for the priviledge of poorer choices regarding their vehicle purchase options.

Red Friday: Coming to a Mall Near You

To billdrummer

Amen ... as I've said elsewhere, you should be in a good place.

Red Friday: Coming to a Mall Near You

The impact of Circuit City's demise will affect more than just the recently suggested 150 locations. Rumor has it, that Sony is the first of Circuit City's nervous vendors to pull the plug. On Thursday, all Sony trucks destined for CC were told to turn around, and return to Sony with their loads. With such a dominant supplier making that decision, all others will quickly do likewise.

The Red Friday fire sale will be happening at many hundreds of retail shopping areas, all over the U.S. and Canada.