Sunday, April 28, 2013

In response to Kristen's post


The electronic industry is all about Planned Obsolescence. The main goal of this type of production is to ensure that consumers will have to buy the product multiple times, rather than only once. How many iPhone models are there now? Apple has been plagued with accusations and investigations about its business practices. Its shareholders are upset because Apple has billions in cash and has paid little in dividends. If I upgrade to a smart phone, it will not be an Apple product. My taste toward tech is price rather than the newest product.  

America for Sale


I just came across this article today on NBCNews.com. It is about an immigration program called the EB-5 visa program. It allows foreigners to earn a green card granting them permanent residency and a citizenship. In addition to the usual bureaucracy, this path to citizenship, costs at least a $500,000 investment in an American business and the creation of at least 10 jobs.

Everybody knows that money talks but is buying your way to the head of the citizenship line a fair process? Is buying your way into America a process that all its citizens should know about? I’m curious to know how this program is marketed, if at all, to other countries. What do you think?