Tim Owensby on January 28th, 2010

“The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.”
Cicero – 55 BC

Apparently, absolutely nothing!

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Continue reading about What Have We Learned in 2065 Years?

Tim Owensby on January 21st, 2010

For the life of me I can’t imagine why anyone would own any airline stocks right now. No, they are not under valued. No, they are not over sold. There is a fundamental problem preventing airlines from performing well and their stock price reflects that.
No, things are not about to get better.
The flying public is [...]

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Continue reading about Politcal Correctness is KILLING the Airlines

Tim Owensby on December 7th, 2009

I can’t remember a more challenging planning cycle in my adult life. I know I have not had a more difficult time planning for the coming business year since I have had to do this type of planning.
I have no desire to debate the political or social merits of the what the democrat party is [...]

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Continue reading about Preparing for 2010

Tim Owensby on November 4th, 2009

Today, I spent about an hour on the phone with someone I thought was looking to turn-around an under performing apartment building. After about 50 minutes, I finally figured out it was a sting operation by a “tenant advocacy” group.
After we discussed their “problems” I talked in general terms about some of the things that [...]

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Continue reading about There is NOTHING Wrong With Making A Profit!

This morning, 09/09/09 on Fox and Friends on Fox News Channel, Robert Gibbs said, “… those fortunate enough to have health insurance…”
Yes, now in the wonderful age of Obama being responsible all comes down to… L U C K.
No matter how much you prepare, sacrifice and adjust priorities it is just a matter of luck [...]

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Continue reading about Do You Feel Lucky? According to Robert Gibbs and the White House, If You Have Health Insurance You Are.

Tim Owensby on July 13th, 2009

I almost never get sick, I mean really sick. Sure, there is occasional sniffle or stuffy head, maybe a cough for a couple of days but really sick with a fever, headaches, etc. etc. etc.? Almost never as an adult.
Almost two weeks ago I woke up with a sore throat. I thought it was because [...]

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Continue reading about I HATE Being Sick

This is wonderful! This is the new reality.
The state of the airline industry is pitiful and he lament about he should’ve “gone by car” is becoming the rally call of many. There are many times now when before I would’ve considered flying but now I will just get in the car and drive. Simpler, saner [...]

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Continue reading about The New Age of Customer Frustration – We Don’t Have to Just “Take It” Any More.

That is an EXACT quote I received from a “customer service” representative this morning.
You are probably thinking, “So? You must’ve interrupted them.” You are right, I did, several times.
As Paul Harvey liked to say, “and now the rest of the story.”
Yesterday, in the mail, I received a new business VISA card to replace the one [...]

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Continue reading about “I Am Sorry, But I Cannot Be Answering Your Question Until I Finish Reading This.”

Over the last 18 months I have managed the rewrite of several software tools my partners and I use in our investing businesses. When we embarked on this journey we had very high hopes. We were going to outsource. The outsourcing firms give really GREAT interview, by the way.
Our list of “benefits” was long. We [...]

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Continue reading about And So Ends My Absolute LAST Participation With Outsourcing Development Overseas

Tim Owensby on April 22nd, 2009

Last fall, I received an incredible offer from Chase. Because I was one of their “best customers”, meaning I had an Amazon credit card issued through them, I was being offered a fixed rate on an unsecured loan at a very low percentage rate. There was no prepayment penalty and the interest rate would remain [...]

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Continue reading about This Is How Chase Treats Their BEST Customers?