Delayed Retirements Are Boon and Bane for Firms

Interesting read in WSJ... with the economy so bad many older workers are delaying retirement due to both lower retirement accounts and uncertainty about when things might pick up. This isn't such a bad things for some companies and it's pointed out in the article. Here's what some HR folks said, --Now "we don't face the brain drain," says Gretchen Watkins, human-resources administrator at the Vallejo Sanitation and Flood Control District in California." And "We have a little more time to plan for the departure of older workers and be more strategic in retraining or transferring their institutional knowledge," Robert Bell, assistant city manager, Redwood City, California.

Guess what that means to aspiring young minds? My opinion, sure you'll get hired, eventually, just on the employer's timetable and at their price! This is the stuff that creates entrepreneurs! Read and see what you think.

http://online.wsj.com/article/SB124744102811929845.html

Poker in PA

Why are poker tables not allowed in the Casino's in PA. These tables would bring people from outside of PA to our casino's to gamble bringing more money into the economy. It make me dizzy just thinking about it.

Oh behalf of Karen Gratten-visited the Baltimore Inner Harbor this weekend. It is too bad the City of Philadelphia's waterfront couldn't be developed differently. It could bring more business to the City. All they need to do is move I-95 out of the way. How hard can that be?

Scary

My Pop's Union just set him a letter stating no one can touch there pension for like 3 years. It's scary stuff man.

Grave New World of Politics and Finance

There's a great article on the future of business and politics in the current issue of SFO--Stocks, Futures, and Options magazine titled Grave New World of Politics and Finance. Some points of interest stated; China's recession is over! --summed up:We need to recognize in the near term that Americans are going to have to get used to slower growth. That’s the answer. The answer is we are going to make do with less, and maybe that is OK. The French have made do with less for a long time, and their quality of life is actually quite high. I have seen statistics that show that American workers now work longer hours than the Japanese, and they are spending less time with their kids and are less happy. —Ian Bremmer, Ph.D., studies the convergence of business and politics daily.

A link to the entire article: http://www.sfomag.com/Article.aspx?ID=1364&issueID=c

Jam Wow!

This would be a better commercial for Sham Wow!

Welcome.....