Business and Politics don’t mix
As Target and Best Buy have so aptly found out, donating large sums of money to political candidates can backfire. I know why companies wish to donate. They want to be able to call in the candidate on local reform when necessary. The issue, though, is that while this may be the goal, the candidate may not stand for what your customers do… especially if you are a retailer. Retailers must sell to the public. The public are the people who support the retailers. However, when these same businesses choose to contribute to (aka endorse) candidates who may have agendas that a vocal part of your buying public opposes, then your company can get into hot water. And yes, Target and Best Buy have found this out the hard way.
Target And Best Buy
Both of these companies contributed over $100,000 that ended up supporting advertising for a local Minnesota gubernatorial candidate who opposes gay marriage and who advocates violence towards gays. While that wasn’t the crux of that candidate’s platform, it was a the part of it that caught the wrong attention from these donations. This set off a firestorm of negative publicity for both of these companies. Gay activists are now calling for boycotts of these stores.
This is cause and effect. This is why companies have no business contributing funds that go to specific candidates. In fact, companies have no business in politics. Yes, I know they want to have hip-pocket legislation, but at the same time, these companies also need to understand the direct relationship of any direct candidate donation to the bottom line. It’s very likely that Target and Best Buy have spent more than their donations in managing this publicity nightmare. This issue also proves that if a company feels the need to donate to politics, they need to do it directly to each local democratic or republican top level coffer. That way, the money is spread out among the candidates rather than going to a single candidate. Even still, politics is a sticky wicket and any contribution may backfire.
Oil and Water
Business and Politics don’t mix and this situation is the prime example of why. If companies want to contribute to political causes, they must understand the negative outcome of those decisions and weigh it carefully against the cost of a PR fallout. Worse, it could alienate customers whom you depend on for your bottom line. Being in business is already difficult enough without making such huge mistakes.
If company executives feel they must have hip-pocket legislation at their fingertips, then they need to find other ways to do it… like, for example, lobby groups. Send these groups to Washington like everyone else and get legislation made in a more generic way.. not by endorsing specific local candidates where their political agenda might conflict with the buying public.
Could be any cause involved..
Note that any donation could have gone to support some other problematic issue. So, any direct political candidate donation is not a good idea for any company.
So, how does Target and Best Buy deal with this issue? Well, clearly it’ll be difficult to get that money back. It’ll also be difficult for them to weather this storm. The best idea is to, obviously, issue a sincere apology regarding the donation. State that they didn’t understand the candidate’s platform and state that they won’t do this again. But, the deed is already done. Of course, a statement that they won’t do it again is probably a lie. It’s only a matter of time before they donate to some other cause that may get them into hot water again.
Companies like this never learn and are destined to make the same mistakes. As a consumer, you need to make your choices about whether you want the money you spend at those companies to go to supporting those causes. Just something to think about.
Looking for that unique gift?
I know that it can be difficult to find unique gift items for picky spouses, friends, boyfriends, girlfriends or relatives, but here’s a tip. A little known site called Kickstarter.com offers opportunities to fund creative projects from around the globe. These projects include film, art, novels, video games and more. About right now you’re probably asking how this relates to a giving unique gift item. Well, I’ll tell you…
Pledging to back a project
When you pledge to back a project, each project offers unique incentives to back at certain dollar amount levels. Once you back a project at a specific level, the project creator offers deliverables at specific pledge dollar amounts. For example, at $20, a film project might offer you a DVD copy of the film when available. A novelist might offer you a signed copy of the novel at the end of the project.
Bigger pledges offer bigger rewards
As the dollar amounts get higher, so too do the incentives. Again as an example, if you pledge to give $2500, you might get to meet the director, cast and crew of a film. They might even include airfare too and from the meeting location. Alternatively, they might fly to your home and do work around your house in addition to giving you a copy of the film. Each project’s incentives are unique and different. Some offer limited edition features (one of a kind props or art used in the project).
Gift opportunities
Look at it this way. If you would like to find something truly unique that only a few people can actually get, you can back a project at Kickstarter.com. The higher you pledge, the more unique and rare the return. So, if you back a project at $5000, for example, you’ll get a lot for your money. Not only will you get a copy of the project (book or DVD), you may get to meet the director, give input into the film, get credits on IMDB and on the film itself, airfare to fly to a location to meet the cast, you might get a walk-on roll in the film, you might get a speaking roll in the film, you might get a one of a kind collectible from the project or any number of other things that the project coordinator can devise.
You will need to look at the pledge levels to see what projects meet your idea of a unique gift. But, where else can you help fund the arts, help someone start or further their career and, at the same time, get a unique gift opportunity out of it? Heck, being in a short film that premieres at Sundance might be worth $5000 to some and it’s definitely unique and one-of-a-kind. These opportunities are so one-of-a-kind that there really is nothing else like it out there.
Hollywood vs Kickstarter
Sure, you could go pay $20 and see a Hollywood blockbuster at your local theater, but you could pledge that same $20 at Kickstarter and get a DVD, a book, a piece of art, a music CD or any number of other one-of-a-kind items at the conclusion of the project. Your pledge also helps the artist to produce their unique vision. Hollywood is all about cookie cutter. Kickstarter is all about unique individual ground-up projects and helping people out while getting something cool in return.
Definitely a unique gift idea for that hard-to-please person. Of course, that person must also like the entertainment arts to appreciate what Kickstarter has to offer. But, who doesn’t like entertainment? And, who wouldn’t like the opportunity to participate in such a project? Cool eh?
Is Obama hostile towards big business?
To answer this question, we need to delve a little deeper. Note, I am neither condoning nor praising Obama’s handling of his regulatory efforts. However, I would like to point out certain corrections that do need to be made.
“The truth is that not even the Franklin Roosevelt administration was as hostile to and ignorant about free enterprise as this [Obama’s] administration is.”
–Steve Forbes.
But, is Obama really hostile towards business? Or, is he making needed corrections? There is a fine line here. This issue also points out a serious problem in politics today. That problem is, you guessed it, money. Without money, the world doesn’t work. Without money, candidates don’t get elected. Without money, businesses don’t sell things and make money. Back up the train.. Businesses make plenty of money without governmental help. The trouble is that businesses want to be able to make laws that enable their businesses to make more money and then have the government be lenient with them when issues arise.
The reality, though, is that like the separation of church and state, the government now needs separation of business and state. The two are oil and water, they don’t mix. Government needs to be able to make law without interference from any party. But, businesses have deep pockets and hefty lawyers. These two elements help elect officials and help sway these same officials into making good on promises they made towards these businesses during the election.
Obama’s corrections
While I don’t agree with every single thing Obama has done, I do agree that change is necessary. The change that he is making is intended to correct the issues that led to the economic downturn. The trouble comes with statements from people like Steve Forbes. Mr. Forbes believes that he is the end-all-be-all-know-it-all when it comes to all-things-business. The trouble is, he doesn’t. Yes, he runs a successful magazine, but that doesn’t make him an authority. That makes him a successful business owner.
Obama is walking that fine line. A fine line that shouldn’t even be necessary. But, there it is. The line that’s there to help Obama help the economy, help spur business and growth and reduce the chances of a repeated failure. At the same time, the line is there to show that government values business, but isn’t there to socialize it. The trouble is, this economic downturn was of our own making. By our, I mean Wall Street. The housing bubble was just that, a bubble. Bubbles eventually burst and this bubble was no exception. It’s not as if analysts and intelligent minded people couldn’t see the handwriting on the wall. When the mortgage interest rates got down to 1% and all of those ARM and specialty loans were being issued like water flowing down the Mississippi, trouble was inevitable. We just didn’t know that banks and insurance companies were tying their financial soundness to these extremely risky loans using credit default swaps.
Until the bubble burst, no one really knew just how deep the rabbit hole went. Then, everything came crashing down and all of the nasty subprime mortgage and credit default swap issues came into view in their all fugly detailed glory. The first evidence of that was Bear Stearns followed by AIG (and the subsequent governmental bailout). I still think they should have let AIG fold, I digress.
Government and Business
It’s high time that government distanced itself from corporate businesses. It’s high time congress made laws to separate government from business (including political support). It’s high time that government stopped being a pawn for corporate businesses. Forbes clearly seems to think that Free Enterprise requires socialism to function. Free Enterprise is not part of and does not need socialism. Free Enterprise means that businesses can do whatever they need to do (within the limits of the laws) to make their business succeed. Clearly, there have not been laws enabled that have dramatically impacted Free Enterprise. The laws that have been enacted have been placed there to prevent corporations from producing risky investment vehicles with a high likelyhood of crashing down again. If businesses are now floundering, it’s not because of laws. It’s because corporations have lost their way and are still expecting handouts. Well, you can keep your hand out, but don’t expect the government to be dropping any coin in it.
Corporations have relied, no… depended on the US Government for handouts. That time needs to end. Subsidies for business need to go away. Businesses need to fend for themselves just like Free Enterprise mandates. If a business can’t make it on its own, then let it fail. I’ll repeat, LET IT FAIL. Failure is also part of Free Enterprise. Businesses that will succeed, will succeed because they produce a good product or service. Businesses that fail, will fail because they don’t produce good products or services.
Lost our way
America, and specifically corporate enterprises, have lost their way. For far too long have big corporations depended on favorable governmental conditions (sounds like a weather report) to help them stay in business. Well, that train has left (and must leave). It should be solely up to you and your business practices alone to make or break your company. It is the quality of your products, services and support that makes people want to buy your products or invest in your company. Nothing has changed about this aspect of Free Enterprise.
We need to go back to a time when quality was the key. When providing a superior product was the answer to getting people to buy things. If that also means deflation, then so be it. Businesses need to find their way by learning how to do more with less. How to manage their staff better and stop over-hiring. At the same time, many of them need to stop under-hiring and also value the employees that they have right now.
The key to keeping your business flowing is by keeping your employees active, productive and happy. Morale is a big problem in companies during any downturn. Once fear sets in over the next reduction in force (RIF), then morale falls to all-time-lows. No, taking the employees on an outing doesn’t boost morale. The way to boost morale is to stop RIFing the staff out the door. Yes, I know it gives a temporary boost to the stock price and makes the shareholders happy, but that’s a temporary fix with limited effects. Once the dust settles, the employees who are left become disgruntled, unhappy and produce less. This is completely backwards thinking. Which is why business has lost its way.
Shareholder value vs quality products
I know, someone’s going to say that it is all about ‘shareholder value’. That may be the way things seem now, but it is wrong. Currently accepted actions that lead to improved shareholder value tend to undercut production, stifle innovation, reduce profit margins and lower productivity. Why would you intentionally do this to your business? So, while these measures may seem to help the stock price, it does nothing to help the company improve its quality of products and services. In fact, in the long run, these actions almost always negatively impact the bottom line. So, the fundamental question is, are you in business to make the shareholders happy or are you in business to sell quality products and services? This fundamental question must be answered.
The true answer to this question also shows that Free Enterprise priorities today are all wrong. It used to be that the customer is #1. Now, shareholders are #1 and customers are #2. This is both wrong and stupid. Until businesses go back to the idea that the customer is #1, corporations will continue to fail and need governmental subsidies. While shareholders are considered #1, there is really no such thing as Free Enterprise when it comes to multi-million dollar corporations… which is why they always need a handout from the government.
Healthy Desserts and Restaurants
I’m not getting this about restaurants. Is it that restaurants are getting more and more lazy or is it that they just don’t want to serve healthy desserts (or, in general, healthy food)? Yes, they don’t really even serve healthy meals, but that’s another topic. I know I’m not the only one, but consuming a decadent chocolate molten cake with a huge scoop of ice cream is the last thing I want after a heavy meal. That goes for key lime pie, tiramisu, cheesecake or baked apple crisp with ice cream. For me, the meal was enough to cover what I needed. Yes, I want something a little bit sweet after the meal, like a piece of fruit, a fruit cup or even a small cup of cinnamon apples. But, I don’t need a second 1000+ calorie meal.
Why do they always come with ice cream?
A scoop of ice cream has between 144 and 260 calories just for one scoop. As a whole dessert, for example, Chili’s chocolate molten cake is 1070 calories (according to their nutritional chart). Probably 200+ of that is just the ice cream. 1070 calories is a meal! In fact, it’s more than a meal. But, the added ice cream isn’t necessary. Granted, if you’re planning on splitting the dessert 4 ways, then that’s 250 calories per portion. That’s still a bit high compared to a piece of fruit, but it’s at least manageable. But, eating an entire molten cake yourself is just plain overindulgence.
Consider, though, that ice cream is made from a food designed for infants, not adults. The milk makes that dessert all the worse for your health. Ask your server to skip the ice cream and lose that extra 144-260 calories (and associated unnecessary hormones). Save those calories up for a later meal.
But, it’s so hard to tell the calories in a dessert.
No, it isn’t. Most premade baked desserts are made from processed white flour. White flour creates the most calorie dense baked goods known. So any baked good is at least twice the calories you think that it is. For example, you might tend to think a single fudge brownie is less than 100 calories. Wrong. The average 2″ fudge brownie is 243 calories. One small piece of cake with frosting is about the same as that fudge brownie.
If you still find it hard to determine the calories and you have any brand of smartphone, then visit Google and look up the calories for what you’re about to eat.
Restaurants and Food
The trouble with restaurants is that they know people want unhealthy food. Well, not that people want it unhealthy, they just don’t want it healthy. Granted, places like TGI Fridays and Chili’s don’t exactly serve unhealthy food, they just server you too much of it. So, when it comes to the dessert course, you end up way overeating. You’ve probably overeaten just with the meal alone. Then adding a 1000+ calorie dessert doesn’t do well to keep the weight off and the waistline trim.
Overindulgence
Since the 70s, I believe portion sizes have dramatically increased in restaurants. This is true in many cases because Chili’s and TGI Friday’s didn’t exist in the 70s in the way they do today. Their food items have gotten bigger and more dense over the years. Some of it is from the ingredients changing, but others are simple recipe changes.
Let’s make a change
The next time you go into a restaurant and want something sweet after the meal, ask if they offer fruit. It doesn’t matter if they say no, just ask anyway. The more people who ask, the more that will spur restaurants to change their desserts to be more health and calorie conscious.
The next thing you need to consider is eating off of the Kid’s menu. Most kid’s meals are anywhere from 100-350 calories per meal. That’s a far cry from the 800-1600 (average) for an ‘adult’ meal. Although, a half-rack of Chili’s original ribs is 480 calories without sides. Add in broccoli for 50-70 calories and the meal is around 520 calories. That’s actually a reasonable sized meal if you want to also add a dessert.
In this case, if you add a fruit cup, that’s about 100-150 calories. Adding the fruit raises the meal to 620-670 calories which is very reasonable for a single meal. Remember, you will eat 3 meals per day (plus snacks). You don’t need to eat a 2000 calorie meal (1000 main course and 1000 dessert). Consider that an average sized man probably only needs 2000 calories a day with minimal exercise (mostly sedentary). For a man who works out at the gym, runs or does any strenuous exercise, then he will need to eat more than 2000.
So, the more people who ask for healthier dessert alternatives, the better our waistlines will look. But, that also means you need to understand the portion sizes of the meals from restaurants and work around those.
California nutrition guides for restaurants
Now that California has required restaurants to place nutrition guides right on the table, it’s easier than ever to see how much you will be eating in advance. Knowing how a meal is prepared, you can also reduce the calories you consume by requesting higher calorie items be substituted with lower calorie items. For example, instead of fries or a baked potato, ask for broccoli, spinach or a house salad. Although, with a salad you have to be careful. Salad dressings are some of the highest calorie items. So, ask for light and use half as much as you need.
Going back to desserts, these are also listed in the nutrition guide. So, you should plan your meal ahead of time. Look for your entree and determine how many calories it is. Then, look for the dessert and do the same. Add them together and see how many calories both together are. If both together total more than 700, you’re eating too much. Of course, if you’re dining with someone else, consider splitting the dessert in half which halves the calories each person eats for dessert.
Overall, you can eat fewer calories at restaurants by asking for lesser calorie items to replace high calorie items. Like, ask for oil and vinegar for dressing. You can then use very little oil and more vinegar. Ask for colored vegetables (broccoli, carrots, greens, tomatoes) over starchy vegetables (potato, sweet potato, corn, corn chips). When grains are served (rice, couscous, etc), ask for less. You can still eat some, just eat less than what they want to give you. Or, leave more on the plate. If you leave this stuff on the plate, then this may also send a message to the kitchen that they are serving too much food. The more they throw away, the more it’s wasteful for them.
Finally, ask for smaller portions. If you know you can’t eat a full sized portion (or it’s simply too many calories), ask for less food. Alternatively, eat from the kid’s menu which offers smaller portions anyway. Also, don’t forget alcocholic beverages, wine, liquor and even sugary soda, coffee and tea. These drinks add significantly to your calorie consumption. So, don’t forget about them.
We can make restaurants change their menus if enough people ask for change. So, ask to talk to the manager and express your concerns. Also, go online and use the ‘ask a question’ or ‘send an email’ link on restaurant web sites. Give feedback on the things you want to see. The more people who ask, the more likely they are to make the change.
Personal dessert favorite
My own personal dessert favorite is frozen fruit. Why? It may sound strange, but it’s the perfect dessert at the end of a meal. It’s low in calories and it’s cold like ice cream (without the cream). So, you get all the benefits of an icy dessert combined with fruit flavors. I sprinkle a bit of stevia on top to sweeten them up a little. Too bad you can’t get this at a restaurant, but it makes a perfect low calorie end to a meal.
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