Business & Legalese

If I thought at one time that I was going to get away from the vast problems of reality in Puerto Rico by only getting on a cruise ship to the Bahamas…. Guess again Charles!

In Nassau, Bahamas, there is a manifestation in front of Parliament where one leader of the Hotel Workers’ Union claims that she won, but the Courts of the Commonwealth claim the contrary. Like every teamster manifestation and work stoppage strategy, they are not letting the legal branch finish the appropiate remedy.

That is just wrong for tourism over here. Likewise when Puerto Ricans do the same thing at the exit of the International Airport. They don’ realize they are just biting the hand that feeds them. Tourism is bad both in Bahamas and Puerto Rico, but locals keep getting it worse.

Driving over here in Bahamas should come with a handicap level and a prize for the ones that survive. It’s crazy out there!! Since everybody drives like crazy out here, getting DUI tickets might not even be a possibility. Even policemen are dressed up to the nines.

It is cold, but tolerable. I’ll try to write before Friday, but no promises. Internet access is like healthcare in the US….. Expensive and scarce!!

Charles
Twitter – @business_legal @charlesgustave

President Barack Obama is about to decide whether to bomb Yemen or not, in retaliation for the attempted terror attack during a Northwest Airlines flight on Christmas Day.  Of course, that is the logical response after an “attack” like we had last Friday.  But, isn’t it a contradiction?

The Nigerian that had explosives sewn unto his underwear had given all the signs that he was a fundamentalist on a Jihadist path.  Even his father ratted him out in the US Embassy in Nigeria.  How did he got inside a plane is way beyond my pay grade, but surely makes me think that we have a Central Intuitive Agency, instead of an Intelligence one.

Attacking Yemen will in no way resolve the issue.  We have to solve it from inside.  The threat lies within us since we have all the tools to secure to the most of our abilities our country.  Let’s make ourselves better, rather than make others pay for things we “think” they did.

Mr. President, think things trhough!!!

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Charles

Twitter – @business_legal                 @charlesgustave

What a Christmas Day!! A Nigerian national, just 23 years old, had in mind to blow up a plane in mid air. The flight, that originated from Amsterdam, was abruptly disturbed by the African terrorist wannabe, that started to ignite, and apparently did ignite, a firecracker style explosive, in an attempted suicide bombing attempt.

The guy is being interviewed by authorities.
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Charles
Twitter – @Business_Legal @charlesgustave

There is actually no way on Earth that Puerto Rico is going through an economic crisis like it has been reported before. I mean, those economists must be mad. Those Ph.D’s they’ve got are a fake. How can there be any kind of crisis when the shopping malls are filled up to capacity? Something doesn’t add up.

The last nine months have been a perpetual up and down routine between the Government and the citizenry, fighting over who has to carry the burden of a flaky economy, while the month of December has been everything but critical in the stores. A short trip to a shopping center these past three weeks may prove that the economy…..(undrground economy) is alive and well. Despite being reported in critical condition. How can that happen?

Crisis theory supporters say that this is possible because those employees that were laid-off in November are still working due to legal proceedings. Therefore, these emoloyees still have their revenues available to use this Christmas season. But these emoloyees are still going to lose their jobs in two months!! So what happens then? Why didn’t they save?

Our society is running on fumes of what it desires to be. We think that money provides for everything. But it does nothing for the emotional part of life. We have to stop thinking that money is everything and focus on our families and friends.

Maybe then we will be a happier society…

——
Charles
Twitter – @business_legal @charlesgustave

On Monday night, Puerto Ricans all over the world rejoiced when the a cappella singing sensation Nota received the vast majority of the votes to win the first edition of the reality competition.

They received $100,000 and a Sony Music recording contract.

Congratulations!!! You can follow Nota in twitter @notacappella

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Charles
Twitter – @business_legal @charlesgustave

Tiger Woods was the standard setter in the sports industry. African American, born to an interracial couple, college educated, professional golfer, advertisement contracts, happily married, proud parent…… It seemed like a fairy tale.

How come we’ve had to hear from the news the term TigerGate? The guy has had as many lovers as holes in a golf course. His trustworthiness both in personal life and in the advertisement arena is being questioned by high executives, and those who thought he was a role model are dissapointed.

Personally I don’t think of Tiger as a role model, he is a great golfer who makes a ton of money. But he is as human as I am. Although his faithfullness towards his wife has not been one of his strong points. Everybody has found Tiger’s weak spot, and as expected, it wasn’t in a golf course. He likes women, and women like him. Is he less of a person for doing that? Is he less of a golfer?

I understand that sponsors like Accenture decided to drop him, since that is a consulting firm that originated as an accounting and auditing firm, where truthfulness and faithfulness are key. On the other hand, his sponsors are going to be okay. The others are based on his golfing career rather than his indiscretions.

His divorce will be one of the costliest in the sporting industry. But his disastrous personal life shall not have the effect they are forecasting for his professional one. He is a money making machine. He thrives on championships. He will have to give out some millions, which in the long run will be recovered again.

This in no way affects the world’s business so networks please, stop talking about this like it was important to us.

- Charles
Twitter – @business_legal @charlesgustave

The economy has been tanking lately. Unemployment is steadily increasing and governmental intervention in the private industry has taken a whole new meaning. But, isn’t government intervention the quintessential silver bullet to the Capitalistic vampire?

The famous invisible hand that manages capitalism, as Adam Smith described a long time ago, is getting a shape. Therefore, the ideal capitalistic theory is slowly erosioning. The only thing that might save it, is if the beneficiaries and users of said economic theory launch a trustworthy scheme of revenue-making capital-gathering concept away of big business that balances the whole economic karma that is affecting us.

Congress might want to give tax breaks to those who hire people, but that is not enough. Congress should giv. Ince tives to those who start a small mom and pop business. Those who have creative concepts even if they don’t have employees at the time. If we keep the status quo, our country will be full of Wal Marts and Home Depots. The local stores have a good chance too, but aren’t given a chance to look past the cost-benefit analysis.

Not everybody can work on a big nationwide store, so self employment is the option for those who want to invest in their own future. Lets just hope that the Government interprets this situation as deserving that support for the little guy to grow.

This past week, a couple attended the White House State Dinner. Apparently, the couple was uninvited, nevertheless went into the party, going through Secret Service agents, and taking pictures with Vice President Biden and other dignataries and celebrities like Katie Couric and Robin Roberts.

But, did they commit a crime? They weren’t stopped. They weren’t trespassing. They went in, got photographed, ate dinner and socialized. What I do think should happen, and be investigated is the standard of quality of these agents.

It is not fair that I have to be almost molested by a TSA officer at the airport if I want to take a flight to my other place of business in Virginia, and these guys can go into the White House uninvited and have dinner with the President of the United States. Equal Rights under the Law!!

Michaele and Tareq Salahi violated no law, commited no crime, and what they can do is help our country be a safer place……at least for our President.

-Charles

Twitter – @business_legal @charlesgustave

This past week, the Governor of Puerto Rico signed into law a new bill that permits businesses to open after 5:00 pm on Sundays.  The spirit of the law mandates that this move will ultimately make the economy better…. I think that not necessarily.

Those extra hours of stores open won’t mean that the consumer has more disposable income to spend, therefore, the sad reality is that those stores may experience losses based on this move.  Although this law might create more jobs, those would be part-timers, without expectancy of being full-time, and won’t solve the unemployment problem in its entirety.

The problem in Puerto Rico goes deeper than this, it needs a complete overhaul of its economic process, and time is running out.

What do you think??

– Charles

Twitter:  @business_legal        @charlesgustave

Sen. Blanche Lincoln was the 60th vote, giving the Democrats a fillibuster-proof lead against a delegation wide 40 votes from the Republican Party in the Senate.  This is a huge moment in Barack Obama’s presidency, getting to pass a major overhaul of the Health Care system.

The final voting will be held tonight at 8:00 pm EST.

- Charles

Twitter:  @business_legal         @charlesgustave