When does accounting become a shell game?

This is where I start to question accounting. Either you know how much money you’ve made or you don’t. What’s left in the back? With today’s technology and computing power, a publicly traded company should be posting what they’ve spent, and what they’ve received on a monthly basis. It’s all electronic, so I don’t see how it can’t be done.

EETimes.com – Dell restates earnings, reveals more fraud
Dell on Tuesday filed past-due financial reports with the U.S. Securities and Exchange Commission, restating past financial reports and acknowledging more evidence of mistakes and misconduct — including fraud involving in account with an integrator in Japan.
The Round Rock, Texas-based computer maker also said it uncovered problems with its warranty accounting, and that its earnings over several-year period were less than had been publicly reported.

“The cumulative change to net income for the restatement period was a reduction of $92 million, compared to previously reported net income of more than $12 billion for the period,” a Dell spokesman said in a separate statement. “This represents less than one percent of the total net income during this period. The cumulative change to earnings per share EPS for the restatement period was 3 cents $0.03 compared to the previously reported cumulative $4.78.”

Apple to ship Leopard on Oct 26th !!!

MA !!!! MA !!!! THROW DOWN SOME MONEY !!!!! THE ICE CREAM MAN IN COMING !!!!!

And don’t even think that I’m not going to use my iPhone $100 rebate to get my $29 copy of Leopard …
Apple – Start
Mac OS X Leopard to ship on October 26
Packed with more than 300 new features, Mac OS X Leopard goes on sale Friday, October 26, at 6:00 p.m. at Apple’s retail stores and Apple Authorized Resellers, Apple announced today. And, beginning today, customers can place pre-orders on Apple’s online store. “Leopard, the sixth major release of Mac OS X, is the best upgrade we’ve ever released,” said Steve Jobs, Apple’s CEO. “And everyone gets the ‘Ultimate’ version, packed with all the new innovative features, for just $129.”

Apple – Web apps for the iPhone

Apple really needs to stop touting Web 2.0 webapps for the iPhone. I have the phone and trust me, webapps over AT&T’s dialup speed EDGE network are painfully slow. Slow enough to make you say “Screw it, I didn’t need to do that anyway…” Just give us customers what we want, the ability to install and use 3rd party, beneficial applications. Apple – Web apps

AOL to cut 2,000 jobs worldwide – Los Angeles Times

AOL to cut 2,000 jobs worldwide – Los Angeles Times
plans to cut 2,000 jobs, or one-fifth of its global workforce, to pare costs as part of its transformation from a subscription-based Internet access business to an online advertising forum, Chief Executive Randy Falco told employees in a memo today.

Job cuts will come in all parts of the company, a unit of Time Warner Inc., but one of the areas expected to be most affected is AOL’s Internet-access business.

I guess they should have refocused their efforts and resources a long time ago instead of shipping millions of coasters around the country.

BBC NEWS | Entertainment | Radiohead fans to pick album cost

Now this is what record labels really fear, a real market based economy of music. First, you can bet that I will be purchasing the new Radiohead CD via download. And I’m willing to pay more than $1 per song, which most of it will go to the artist instead of a record company that provides me no added value. I’m sure Radiohead will allow me to play the CD I’ve purchased on any media device I want, make ringtones, or whatever. And I’m sure it will be DRM free. So, support artists that support music freedom and connect directly with their fans. If record labels want to survive, they’d better start thinking are restructuring their business models.

BBC NEWS | Entertainment | Radiohead fans to pick album cost
Radiohead fans will be able to choose how much to pay for the band’s next album, In Rainbows, which is available for download on 10 October.
Instead of listing a price for the music, the group’s website simply states “it’s up to you” – and then adds: “No really, it’s up to you.”

The announcement was made online by guitarist Jonny Greenwood.

Fans can buy the download or a £40 “discbox”, which includes two CDs, two records, plus artwork and booklets.

Critical acclaim

This will be Radiohead’s seventh album, but they are not using a record label, having fulfilled their contract with EMI following their 2003 album Hail to the Thief.

Responsibility and original intent

Ah, in response to the bill expanding the S-Chip program, (healthcare for low income kids), the president said something like ths:  "it is irresponsible and an unnecessary expansion of it’s original intent". Hmm, I wonder what else is irresponsible and has expanded way beyond it’s original intent.

YouTube – Carolina Chocolate Drops

I’ve been listening to these folks for a while now as I first heard of them on where else? Public Radio of course,WUNC.
CCD is a black group of string musicians playing the old-time sounds of the Piedmont area of North Carolina. Definitely a dying breed of music, they are keeping it alive, and it’s refreshing. I’m missed them at the Durham Blues festival a few weeks ago, but I’m not missing them this time. I’ll post my predictable positive review after the show this Friday night.
Carolina Chocolate Drops Website

YouTube – Carolina Chocolate Drops

And this brings up an issue I wanted to blog about, which I will go into a full tirade in another post, but it deals with African-Americans and the loss of our musical culture. If you ever go to a Jazz, Blues of Folk concert, where’s my people in the audience? Actually, if it’s a commercial Smooth Jazz fest with a sax player just doing scales, we’ll show up. But that’s about it. Yes, I know I’m being critical, but it just troubles me that so much of our musical heritage and history is being lost or forgotten.

Rwandan Genocide – European Fueled?

Is there not a place on earth where hte Europeans colonized and ruled, and not left it in shambles by not understanding their subjects culture, beliefs and society?
Rwandan Genocide – Wikipedia, the free encyclopedia
Following the Berlin Conference, held in 1885, Rwanda and Burundi were ceded to Germany, who held it until the 1918 Treaty of Versailles, when it was ceded to Belgium.[6] The Belgians seeking a non-indigenous explanation for the complex monarchy they found in the colony, framed the Hutu/Tutsi distinction as one of race, rather than economics or ethnicity. The Belgians issued racial identification cards to every Rwandan, giving preferential treatment to Tutsis for positions in education, politics and business.