Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Wednesday, November 12, 2008

A sign of the times in NASCAR

From NASCAR.COM

MIAMI -- Teresa Earnhardt and Chip Ganassi will combine their slumping race teams next season, an effort to stabilize their organizations in a tough economic time.

The combined team will be called Earnhardt Ganassi Racing. Martin Truex Jr. and Juan Pablo Montoya will drive the Nos. 1 and 42 and Aric Almirola will be behind the wheel of the No. 8. The driver of the No. 41 has not been named.

Martin Truex Jr.

Both organizations have struggled to secure sponsorship this season, forcing the teams to pool resources.

 

Interesting that this would happen.  Chevy shop and a Dodge shop.  Will it be a sign of what is to come for the big 3 automakers?  They have not decided what cars to go with but it would appear to be Chevy's as Dodge has been less help then Chevy when it came to cars this year.

BBC NEWS | Technology | Study shows how spammers cash in

By hijacking a working spam network, US researchers have uncovered some of the economics of being a junk mailer.

The analysis suggests that such a tiny response rate means a big spam operation can turn over millions of pounds in profit every year.

It also suggests that spammers may be susceptible to attacks that make it more costly to send junk mail.
BBC NEWS | Technology | Study shows how spammers cash in

An interesting read. It seems that the rate of return on spam is really quite low.

The response rate for this campaign was less than 0.00001%. This is far below the average of 2.15% reported by legitimate direct mail organisations.

But even with that low percentage:
Scaling this up to the full Storm network the researchers estimate that the controllers of the vast system are netting about $7,000 (£4,430) a day or more than $2m (£1.28m) per year.


Clearly it pays to be a spamer or people would not do it. Now there is economic proof of it.

Wednesday, October 01, 2008

This scares me



From FoxNews GretaWire (Greta Van Susteren)

450 pages that they are going to vote on and the almost 0% chance that they have read it all (or any part of it at all). 

They want to vote on a economic stimulus bill to bail on the banks  but they have no idea what is in it.  I say leave everything alone.  It took us a while to get into this problem and we are not going to fix it by going to the government and asking for money.  Sure it will hurt.  Getting fat hurts, but the diet to loose weight hurts.  We have been feeding at the pig trough too long.  Time to go on a diet.

IANAE though....

One more thing...  if pro is the opposite of con then progress is the opposite of....... (fill in the blank, it should be obvious)
Blogged with the Flock Browser