Saturday 27 November 2010

Making Money With Options


Every time I listen to NJ Chris Christie I want to stand up and salute. Today is no different.

Please watch this 4 minute video where Chris Christie blasts LeRoy Seitz, Superintendent of Schools for the Parsippany School District about Seitz's threat to leave the state if his salary is reduced to $175,000.



NorthJersey.com has more details in Governor sets sights on Seitz contract

Last week the Parsippany-Troy Hills Board of Education voted 6-2 to renew Superintendent LeRoy Seitz's contract, which included a 2 percent per year salary increase.

What made the contract noteworthy, aside from the dozens of people that spoke out against it and the tongue lashing the Board and the Superintendent received from Gov. Chris Christie was that the contract Seitz is currently working under doesn't expire until July 1, 2011.

The Board began contract negotiations during the summer, at about the same time the Christie administration released information about a plan to cap chief administrator's salaries and tying the numbers to the enrollment in the district.

By finalizing the contract now the Board effectively agreed to give Seitz a salary well above the governor's proposed cap for almost five years.

At the Board meeting Mark Tabakin, the Board attorney, told the gathering of about 90 people that the cap is still in the proposal form, that the contract was approved by the County Executive Superintendent Kathleen Serafino and that it is a legal action. "People are upset," he acknowledged, "but it's up to the will of the Board."

The controversial contract drew township residents and protesters from as far away as Clifton and Hackettstown, who were outraged over the Board's end run around the proposed cap.

At times the dissenters were so vocal Board President Anthony Mancuso, who remained calm and in control throughout the proceedings, had to call for a 10-minute recess to let the outbursts subside. The police were also called during one of the breaks though they never had the need to take action.

When the public was allowed to speak the floodgates opened. Taking a sarcastic tact the first speaker Roman Hoshovsky said, "How can anyone be expected to live on $200,000?" Then he produced an empty canister and proposed using it as a collection jar in businesses around town to raise money for Seitz.

Barbara Hackling pointed out the Board had laid off teachers and refused to negotiate with the paraprofessionals, "but found money for him."

Karen Blunt, a 36-year Parsippany resident and a paraprofessional in the district said, "He is looking out for his future. I haven't had a raise in 4 years who is looking out for my future?"

The day before the meeting Seitz is quoted in the Daily Record as saying, "Because of the proposed salary caps, I have to look at my future and the financial welfare of my family. I certainly would have options if I didn't feel the compensation in this district, or New Jersey, is appropriate."

The governor reacted to Seitz's veiled threats to leave New Jersey and go to a nearby state where there is no state salary. "I will say in response to Mr. Seitz, 'Let me help you pack.' We have real problems in our state that we have to fix and we don't have the time, nor the money, nor the patience any longer for people who put themselves before our citizens," Christie railed.
I Applaud LeRoy Seitz

A tip of the hat goes to LeRoy Seitz for being such an arrogant SOB that that the meeting to discuss the new contract overflowed with citizens fed up with school board greed.

It is not easy standing up to thugs who want nothing more but to raise your taxes. But the voters did. That's how riled up they were.

I recommend voters in the Parsippany School District send a message to the ignoramuses who agreed to give LeRoy Seitz a new contract. Vote them off the school board.

Fortunately it takes approval from another level to agree to that raise, so the raise is not a done deal yet.

New Jersey taxpayers are fed up, and rightfully so. If LeRoy Seitz thinks he can get $212,000 elsewhere, more power to him. The same holds true for every public "servant". If you can get more in the private sector, shut up and do it.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List





In my mind, Google TV is about the most interesting product idea in recent gadget history. It’s poised, ready, not to disrupt the TV industry, but rather provide consumers true on-demand options with no extra work on the networks’ part. There’s nothing particularly novel about Google TV, but the whole concept is wrapped up as such a nice package that’s it’s hard not to like it — that is, if you can look past the first generation jitters. The platform isn’t particularly ready for general consumption just yet as it seems it fell victim Google’s “release early, release often” mantra. But it’s only going to get better with each release.


I spent some time this afternoon talking to Google TV’s product managers, Salahuddin Choudhary, about what’s wrong with the platform today and where it’s going. Let’s just say my interest was restored. Google TV will live up to its potential.


John and I worked on several of CrunchGear’s Google TV posts together as we both have units installed at our homes. We both noted that the Chrome browser seems stripped down, almost unusable for general web browsing. This was by design. Apparently Google found from various focus groups that people preferred the full-screen experience rather than having a browser on their HDTV that showed the URL bar, tabs, and all the rest standard on a desktop browser. The primary purpose of Google TV’s browser is to watch videos, not peruse Facebook or Amazon. This might change, though.


Salahuddin commented that they are working on making “the core browser tools more accessible.” after I droned on and on about how it’s a missed opportunity to at least not have those user elements be optional. I wasn’t the only one that had a hard time finding the URL bar. (it doubles as the search bar) They seem to understand user experience is key but I’m not sure it’s a top priority like it should be, a criticism that applies to the Android Marketplace as well.



I stated in our review that Google TV seems half-baked. That’s particularly true when it’s noted that apps won’t hit the system until 2011. But sometime next year, the entire Android Marketplace will appear on Google TV. Yeah, all the apps are coming to the Google TV platform: Angry Birds, Google Earth, Robo Defense. They’re committed, for better or worse, to support the entire back catalog. If you thought an iPhone app looks horrible upscaled to 2x on the iPad, just wait until the Android port hits your 50-inch LCD.


Of course I was assured that they are working on the scaling and they might look fine, but smartphone apps are fundamentally different than Google TV apps. I’m expecting a lot of disappointed GTV owners once the Android Marketplace hits the platform and they install their favorite Android smartphone apps.


But there’s going to be another sort of Android app. One designed just for Google TV and a “full range of developers” are already on board. The few apps of Pandora, NBA Gametime, Netflix are really just a proof of concept. They were included to show what Google TV could do, but I would argue that they added to the half-baked taste. Besides Netflix and Pandora, the rest are officially meh.


We talked briefly about the content provider’s stance and blocking of Google TV, but there was no hint of concern or worry like I expected. Google TV is looked upon internally as a product that works with cable, not against it. Video web portals like Hulu are just one source of content for Google TV. It also links up with Amazon VOD and Netflix, which, while they’re pay sites, do offer a fairly extensive library of content that’s free from ads. “It’s up the networks,” Salahuddin said when asked about the blocking situation.


While writing our comprehensive Google TV review, I couldn’t help but feel that the system could be a game-changer, but only if given enough time. I worried that Google wouldn’t give the platform time to mature, but those fears were somewhat subdued knowing that Sony dumped a good deal of money into developing and marketing two major products. They would keep Google on track, I thought. But after talking to Salahuddin, I feel my original fears were unfounded. Google is in this for the long haul. Google TV will be given the time it needs to grow into a consumer platform.


Oh, and my final question of “Is Google TV coming to the PS3?” was met with a surprised chuckle and quick “no comment.” So yeah, Google TV is coming to the PS3. Somehow. Maybe. I really don’t know.


Revisions: Inserted the proper name of the product manager.



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Portland terrorist bomb plot: <b>News</b>, opinion from The Oregonian and <b>...</b>

Return to OregonLive later today for more from The Oregonian on the terrorist arrest.

Real Estate <b>News</b>: Home Mortgage Rates Stabilize - Developments - WSJ

Here is a look at real-estate news in today's WSJ:

Sun TV <b>News</b> application approved - Need to know - Macleans.ca

Sun TV News has been green-lit by the CRTC after a long war with the regulator and critics who are opposed to the 24-7 news-and-opinion channel nicknamed “Fox News North.” The CRTC had previously refused to grant the Quebecor property a ...


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Portland terrorist bomb plot: <b>News</b>, opinion from The Oregonian and <b>...</b>

Return to OregonLive later today for more from The Oregonian on the terrorist arrest.

Real Estate <b>News</b>: Home Mortgage Rates Stabilize - Developments - WSJ

Here is a look at real-estate news in today's WSJ:

Sun TV <b>News</b> application approved - Need to know - Macleans.ca

Sun TV News has been green-lit by the CRTC after a long war with the regulator and critics who are opposed to the 24-7 news-and-opinion channel nicknamed “Fox News North.” The CRTC had previously refused to grant the Quebecor property a ...


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Every time I listen to NJ Chris Christie I want to stand up and salute. Today is no different.

Please watch this 4 minute video where Chris Christie blasts LeRoy Seitz, Superintendent of Schools for the Parsippany School District about Seitz's threat to leave the state if his salary is reduced to $175,000.



NorthJersey.com has more details in Governor sets sights on Seitz contract

Last week the Parsippany-Troy Hills Board of Education voted 6-2 to renew Superintendent LeRoy Seitz's contract, which included a 2 percent per year salary increase.

What made the contract noteworthy, aside from the dozens of people that spoke out against it and the tongue lashing the Board and the Superintendent received from Gov. Chris Christie was that the contract Seitz is currently working under doesn't expire until July 1, 2011.

The Board began contract negotiations during the summer, at about the same time the Christie administration released information about a plan to cap chief administrator's salaries and tying the numbers to the enrollment in the district.

By finalizing the contract now the Board effectively agreed to give Seitz a salary well above the governor's proposed cap for almost five years.

At the Board meeting Mark Tabakin, the Board attorney, told the gathering of about 90 people that the cap is still in the proposal form, that the contract was approved by the County Executive Superintendent Kathleen Serafino and that it is a legal action. "People are upset," he acknowledged, "but it's up to the will of the Board."

The controversial contract drew township residents and protesters from as far away as Clifton and Hackettstown, who were outraged over the Board's end run around the proposed cap.

At times the dissenters were so vocal Board President Anthony Mancuso, who remained calm and in control throughout the proceedings, had to call for a 10-minute recess to let the outbursts subside. The police were also called during one of the breaks though they never had the need to take action.

When the public was allowed to speak the floodgates opened. Taking a sarcastic tact the first speaker Roman Hoshovsky said, "How can anyone be expected to live on $200,000?" Then he produced an empty canister and proposed using it as a collection jar in businesses around town to raise money for Seitz.

Barbara Hackling pointed out the Board had laid off teachers and refused to negotiate with the paraprofessionals, "but found money for him."

Karen Blunt, a 36-year Parsippany resident and a paraprofessional in the district said, "He is looking out for his future. I haven't had a raise in 4 years who is looking out for my future?"

The day before the meeting Seitz is quoted in the Daily Record as saying, "Because of the proposed salary caps, I have to look at my future and the financial welfare of my family. I certainly would have options if I didn't feel the compensation in this district, or New Jersey, is appropriate."

The governor reacted to Seitz's veiled threats to leave New Jersey and go to a nearby state where there is no state salary. "I will say in response to Mr. Seitz, 'Let me help you pack.' We have real problems in our state that we have to fix and we don't have the time, nor the money, nor the patience any longer for people who put themselves before our citizens," Christie railed.
I Applaud LeRoy Seitz

A tip of the hat goes to LeRoy Seitz for being such an arrogant SOB that that the meeting to discuss the new contract overflowed with citizens fed up with school board greed.

It is not easy standing up to thugs who want nothing more but to raise your taxes. But the voters did. That's how riled up they were.

I recommend voters in the Parsippany School District send a message to the ignoramuses who agreed to give LeRoy Seitz a new contract. Vote them off the school board.

Fortunately it takes approval from another level to agree to that raise, so the raise is not a done deal yet.

New Jersey taxpayers are fed up, and rightfully so. If LeRoy Seitz thinks he can get $212,000 elsewhere, more power to him. The same holds true for every public "servant". If you can get more in the private sector, shut up and do it.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List





In my mind, Google TV is about the most interesting product idea in recent gadget history. It’s poised, ready, not to disrupt the TV industry, but rather provide consumers true on-demand options with no extra work on the networks’ part. There’s nothing particularly novel about Google TV, but the whole concept is wrapped up as such a nice package that’s it’s hard not to like it — that is, if you can look past the first generation jitters. The platform isn’t particularly ready for general consumption just yet as it seems it fell victim Google’s “release early, release often” mantra. But it’s only going to get better with each release.


I spent some time this afternoon talking to Google TV’s product managers, Salahuddin Choudhary, about what’s wrong with the platform today and where it’s going. Let’s just say my interest was restored. Google TV will live up to its potential.


John and I worked on several of CrunchGear’s Google TV posts together as we both have units installed at our homes. We both noted that the Chrome browser seems stripped down, almost unusable for general web browsing. This was by design. Apparently Google found from various focus groups that people preferred the full-screen experience rather than having a browser on their HDTV that showed the URL bar, tabs, and all the rest standard on a desktop browser. The primary purpose of Google TV’s browser is to watch videos, not peruse Facebook or Amazon. This might change, though.


Salahuddin commented that they are working on making “the core browser tools more accessible.” after I droned on and on about how it’s a missed opportunity to at least not have those user elements be optional. I wasn’t the only one that had a hard time finding the URL bar. (it doubles as the search bar) They seem to understand user experience is key but I’m not sure it’s a top priority like it should be, a criticism that applies to the Android Marketplace as well.



I stated in our review that Google TV seems half-baked. That’s particularly true when it’s noted that apps won’t hit the system until 2011. But sometime next year, the entire Android Marketplace will appear on Google TV. Yeah, all the apps are coming to the Google TV platform: Angry Birds, Google Earth, Robo Defense. They’re committed, for better or worse, to support the entire back catalog. If you thought an iPhone app looks horrible upscaled to 2x on the iPad, just wait until the Android port hits your 50-inch LCD.


Of course I was assured that they are working on the scaling and they might look fine, but smartphone apps are fundamentally different than Google TV apps. I’m expecting a lot of disappointed GTV owners once the Android Marketplace hits the platform and they install their favorite Android smartphone apps.


But there’s going to be another sort of Android app. One designed just for Google TV and a “full range of developers” are already on board. The few apps of Pandora, NBA Gametime, Netflix are really just a proof of concept. They were included to show what Google TV could do, but I would argue that they added to the half-baked taste. Besides Netflix and Pandora, the rest are officially meh.


We talked briefly about the content provider’s stance and blocking of Google TV, but there was no hint of concern or worry like I expected. Google TV is looked upon internally as a product that works with cable, not against it. Video web portals like Hulu are just one source of content for Google TV. It also links up with Amazon VOD and Netflix, which, while they’re pay sites, do offer a fairly extensive library of content that’s free from ads. “It’s up the networks,” Salahuddin said when asked about the blocking situation.


While writing our comprehensive Google TV review, I couldn’t help but feel that the system could be a game-changer, but only if given enough time. I worried that Google wouldn’t give the platform time to mature, but those fears were somewhat subdued knowing that Sony dumped a good deal of money into developing and marketing two major products. They would keep Google on track, I thought. But after talking to Salahuddin, I feel my original fears were unfounded. Google is in this for the long haul. Google TV will be given the time it needs to grow into a consumer platform.


Oh, and my final question of “Is Google TV coming to the PS3?” was met with a surprised chuckle and quick “no comment.” So yeah, Google TV is coming to the PS3. Somehow. Maybe. I really don’t know.


Revisions: Inserted the proper name of the product manager.



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Portland terrorist bomb plot: <b>News</b>, opinion from The Oregonian and <b>...</b>

Return to OregonLive later today for more from The Oregonian on the terrorist arrest.

Real Estate <b>News</b>: Home Mortgage Rates Stabilize - Developments - WSJ

Here is a look at real-estate news in today's WSJ:

Sun TV <b>News</b> application approved - Need to know - Macleans.ca

Sun TV News has been green-lit by the CRTC after a long war with the regulator and critics who are opposed to the 24-7 news-and-opinion channel nicknamed “Fox News North.” The CRTC had previously refused to grant the Quebecor property a ...


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Portland terrorist bomb plot: <b>News</b>, opinion from The Oregonian and <b>...</b>

Return to OregonLive later today for more from The Oregonian on the terrorist arrest.

Real Estate <b>News</b>: Home Mortgage Rates Stabilize - Developments - WSJ

Here is a look at real-estate news in today's WSJ:

Sun TV <b>News</b> application approved - Need to know - Macleans.ca

Sun TV News has been green-lit by the CRTC after a long war with the regulator and critics who are opposed to the 24-7 news-and-opinion channel nicknamed “Fox News North.” The CRTC had previously refused to grant the Quebecor property a ...


bench craft company filler st

Portland terrorist bomb plot: <b>News</b>, opinion from The Oregonian and <b>...</b>

Return to OregonLive later today for more from The Oregonian on the terrorist arrest.

Real Estate <b>News</b>: Home Mortgage Rates Stabilize - Developments - WSJ

Here is a look at real-estate news in today's WSJ:

Sun TV <b>News</b> application approved - Need to know - Macleans.ca

Sun TV News has been green-lit by the CRTC after a long war with the regulator and critics who are opposed to the 24-7 news-and-opinion channel nicknamed “Fox News North.” The CRTC had previously refused to grant the Quebecor property a ...


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