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"What really put a damper on things this year though was the sheer number of titles pushed back to 2010 for no other reason than to avoid competition in the marketplace.  Publishing PR departments can call it whatever they like or spin it however they choose, but the reality is that they were (and still are) very afraid... scared that the slightest pin prick is going to burst their multi-billion dollar bubble and that all of the money is going to disappear post-haste." - Making a Competitive Industry Anti-Competitive - One Delay At A Time

Neil's Blog
Responsible Credit Card Holder? CITI might not want your business anymore.
Neil's Blog - Live and Uncensored
Written by neildittmar   
Thursday, 18 February 2010 10:34

I've held my current CITI backed MasterCard for around 14 years now.  In fact, it was the first credit card I applied for and subsequently received.  During that stretch of time, I've made numerous charges to the card... both big and small.  I've always paid my bills on time and often long before the established due dates.  Furthermore, I do not keep a revolving balance on my card.  It is paid off in full at the end of every billing cycle or in rare cases, before promotional rates expire.

Around a year ago, CITI tried to mess with my account a bit by arbitrarily lowering the credit limit.  At the time, the TARP funds hadn't quite been handed out yet and I speculated that CITI was trying to put itself in a "lower liability" position so it might get a bigger crack at the governments taxpayer funded handout.  Upon receiving the notice, I called up the company guns blazing and demanded that my original credit limit be restored.  I wasn't about to let their financial primping and posturing result in less credit being available to me, let alone any kind of reduction to my credit score.  Since then, I had forgiven and forgotten and was fairly confident that they wouldn't try something so foolish and stupid again... at least not for awhile.

Fast forward to earlier this week and I found myself one of the unfortunate receivers of yet another "change in terms" notification.  This time, CITI would like to assess a $60 annual fee for the priviledge of doing business with them.  The reason?  They claim it is due to the "rising costs of doing business" in the industry.  I contend that not everybody is getting the fee attached to their account.  Strangely enough, research shows that the fee is only being assessed to good, responsible credit account holders that CITI has always claimed to value so deeply.  But why?

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Black Thursday
Neil's Blog - Focus On...
Written by neildittmar   
Wednesday, 25 November 2009 11:15

Welcome to Holiday 2009, where nearly every major retailer is doing anything and everything possible to avoid the dismal sales performance of last year, hoping to avoid sustained losses and possible insolvency.  The "deals" started a little bit earlier this year than last, and marketing departments country wide are trying out ways to stimulate sales and in some cases, take sales directly from competitors to compensate.  Despite these "noble efforts", retails average consumer is still pretty leary about going all willy nilly with the plastic given that there is a 10.2% (and climbing) unemployment rate in the country.  Not to mention the general FUD (fear, uncertainty, and doubt for you non-technical types) regarding things like the economy at large and more specific areas like housing, grocery costs, and fuel prices.

Though the concept has been tried before, more stores than ever are getting into the "holiday spirit" by posting Thanksgiving hours at their establishments.  In some cases, this is only at select locations for an abbreviated period of time... typically around 4 or 6 hours.  In a surprising number of others, some stores are actually open all day as if the Thanksgiving holiday simply didn't exist.  Extra sales are so crucial to these establishments that they are willing to sacrifice one of the most familial of holidays in order to get a jump on the competition.

And make no mistakes, this is a sacrifice... not only for the holiday itself, but the poor folks who are stuck working what would have otherwise been a guaranteed day off to spend with loved ones.

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As the US economy improves, GM still just doesn't get it
Neil's Blog - Live and Uncensored
Written by neildittmar   
Wednesday, 23 September 2009 09:44

Previously, I wrote an article regarding GM (and to be fair, Chrysler) begging Congress for taxpayer funds to save their failing automotive business.  I opined that GM was simply not as pivotal to the American economy as when the famous "As GM goes, so goes the nation" quote was made decades prior.  I argued that a "bailout", of which GM received a significant majority, did little more than reward corporate greed and provide a perpetual safety net against mismanagement.  I concluded that patriotism should not have been a factor in the decision either, given GM's less than stellar embrace of American workers, parts, and factories.

As we approach the one year anniversary of what I consider one of the biggest financial mistakes our government has made, several headline worthy events have occured at GM.  Primarily, the company has essentially become a U.S. government majority owned entity that recently replaced both the CEO and chairman of the board.  After a "quickie" bankruptcy, which the bailouts were supposed to allow GM to avoid lest the country disintegrate, several product lines were discontinued followed by a barrage of advertising touting the "new GM."  These ads gloated about how fresh, new, competitive, and most of all "customer in-tune" this brand new face of an established company would be.  In fact, the pinnacle of these ads even suggests "may the best car win" and that consumers (gasp!) will ultimately make the decision as to which automobile manufacturer adequately suits their needs.

Regarding the specific "new face" of GM, I was eager to see who the spokesperson would be for the inevitable rah-rah ads that would follow.  At first, GM merely ran spots containing "Americana" type panoramas as a calm, direct, yet faceless voice told us that GM was changing, going in a bold new direction, and inviting us along for the ride.  More recently, the "may the best car win" ads hit touting the new 60-day money back guarantee on all its vehicles.  Even with this new deal effectively in place, it's tough to argue that the "new face" of GM doesn't look a whole lot like the old one both figuratively and literally.

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Look twice... irresponsible motorcyclists are everywhere!
Neil's Blog - Live and Uncensored
Written by neildittmar   
Thursday, 30 July 2009 08:45

I'm not sure what the local advertising looks like in your part of the world, but around my way there has been a new PSA campaign plastered across signs, billboards, buses, and even retail storefronts.  No, it's not the latest anti-smoking or drug campaign as apparently those themes have already been beaten into the ground.  In fact, it's not even something I or anyone else really has any direct control over other than our normal responsibilities as drivers.

Typically displaying some gory picture, an "oh so easy on the eyes" flourescent green font proclaims the newest "cause" in the ongoing battle to shift the burden of personal responsibility to the general population:  Look Twice, save a life... Motorcycles are everywhere!

To which I say "Fine, so are cars and people.  So why should my personal approach to driving be any different as the advertising suggests?"  A quick reminiscing of my wonderful commute to and from work makes the reasoning far too clear.  For the most part, motorcyclists tend to encompass this go anywhere, do anything, I'm invincible rebel mentality.  The PSA suggests that because of this, I now have to be especially careful that when one of them comes off of a sidewalk going 90 miles an hour directly in front of me, I don't hit and kill them.  To put it bluntly, thanks for the tip... but no thanks.

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Forcing out a tear for Michael Jackson
Neil's Blog - Live and Uncensored
Written by neildittmar   
Tuesday, 30 June 2009 08:41

What is this all of a sudden, the Celebrity Rapture? First Ed McMahon dies, then Farrah Fawcett loses her well publicized bout with cancer. A scant few hours later, Michael Jackson is pronounced dead from cardiac arrest. In fact, I just heard that Billy Mays died after taking a bump on the head during a plane landing, though his celebrity status remains mostly with the unemployable and 900 number "hot talk" crowds accordingly. There should be no doubt which one of the aforementioned celebrities I'm going to focus my article on today though. For better or worse, it's the same one everybody else is.

To be honest, I am with the general public that Michael Jackson was a legend... an industry icon even. His contributions to pop music extend into artists of the genre today and probably will for years and decades to come. He had a slew of Billboard hits and sold hundreds of millions of albums. I was certainly a fan in the "Off the Wall", "Thriller", and "Bad" eras, but Dangerous is where he pretty much lost it for me. Even as his music career began sliding into decline, he still remained relevant to the public. Mostly for the allegations of child molestation of course, but people did still care what he had to say. That is, if only to goof on it or sling it around as fodder for tabloids, late night talk show monologues and stand-up comedy acts the world over... and that's precisely my point.

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