Tuesday, July 12, 2011

Making Money Without



A big dilemma in college football is occurring, and it has nothing to do with a playoff system. USC just lost out on their BCS Championship from 2004, Ohio State is preparing for more penalization's.

If the NCAA demands one thing from their athletes, it’s not about going to class and certainly not to graduate, it’s not about preventing drug usage. The NCAA hates college athletes making money. Now, for the first time ever, there is talk to pay college athletes.

Steve Spurrier, head coach at South Carolina University, is offering to pay players out of his pocket. Why not? Spurrier makes millions of dollars turning South Carolina into a decent SEC team. Spurrier understands that he needs to start paying players to go to South Carolina, who wants to play in a state that still has a big confederate flag hanging in the capitol?

The topic of paying players was conversed at a Big 12 meeting recently. Texas can get away with paying players without cutting into the girls' field hockey team, but I’m not too sure about Baylor.

Of course, Title IX may come into question, and if football players get paid…the women’s softball should see some of the money? Sure they should, and they should also charge $50 a seat to watch their sport.

There’s too much rhetoric that “student”-athletes must be treated like every other student.  When was the last time a law student was barred because he or she got a paid internship?

The problem is not who they should pay-to-play, but how much can universities pay?

Most schools from non-BCS conferences don’t make as much money on football to go around and they have a hard time making budget as it is. Most BCS schools have a hard enough time balancing athletic budgets while tapping into student fees to cover other expenses.

To avoid college football players ditching class in lieu of a lockout, I have a proposal that might just help the little guys too. Two words, that when put together can make even the stingiest NCAA lawyer nod: student loans.

Any student can apply for a sizable amount of student loans. Why not allow athletes on a full-ride scholarship to apply and receive extra funding that can be paid back?

Of course, not everyone makes it to the NFL, which would make it easier to pay the loan quickly, but not everyone needs a sleeve tattoo either. Even some doctors need to repay student loans.

Every player is given a meager amount of scholarship money. Honestly, when Terrelle Pryor sells a Big Ten championship ring so he can get his arms tattooed, clearly the scholarship system and under-the-table booster money isn’t helping.

Reggie Bush’s parents needed a home without paying any money in rent, even though they both worked.  Bush also needed a nice car, glamorous wardrobe and jewelry, how else is he supposed to date a Kardashian?

How come college athletes aren’t allowed to make endorsement money? Almost every college athlete is over the age of 18, which classifies them as an adult to the judicial system. Endorsements can be limited, and supervised by the NCAA.

Sure, some schools have an opportunity to provide larger endorsement deals, which isn’t fair to smaller market schools. However, not every player can get endorsement deals at big schools, but maybe a smaller school can offer a good player a good deal.

If the NCAA alleges they were created to protect student-athletes, the BCS was created to protect big institutions.  The NCAA rules exist to create “fair play,” but the BCS has rules to make sure the big schools have big pay days.

Is it fair that the mediocre Big East gets an automatic bid to a major bowl, despite the level of competition being weaker than the Mountain West and WAC?

Money makes college athletics go around. Athletes in college athletics must remain amateurs. Reggie Bush was the highest paid player in college sports his junior year, but Bush did not receive any illegal benefits from the University. To be fair, the only way the NCAA can ever sniff out violations, is if there is a tattletale involved.

The NCAA doesn’t conduct any actual investigations. Bush appeared clean throughout his NCAA career, until he chose not to use San Diego local agents Michael Michaels and Lloyd Lake.

The distraught agents filed a lawsuit against Bush which opened the eyes to the NCAA. Bush received horrible advice from his new agents, had he just returned the money that was “borrowed,” the NCAA would have lacked any evidence or witnesses.

Mississippi State tried tattling on Cam Newton.  The problem with convicting is Miss. St. didn’t give Newton any money. Apparently, if Auburn did, no one near campus is blabbing abut it.

Too bad for Ohio State that tattoo artists like to brag about their handiwork.  Memo to A.J. Green, if you try to sell your jersey on eBay, it is really easy to trace. It’s too bad that North Carolina didn’t spend as much money on a coach as they did on their football players.

The NCAA has taken a year to deny USC an appeal. In light of the NCAA ruling that Reggie Bush was ineligible, the BCS vacated the championship trophy that Bush and the Trojans received after a 55-19 trouncing of Oklahoma in 2005. Six years ago? The NCAA moves slower than a 100-year-old lady trying to parallel park.

If they take away a championship from 2004-05, why take away an opportunity for a championship in 2011-12?

The short answer is because Bush doesn’t attend there anymore. Without Bush playing for USC in 2005-06, the most watched and most exciting BCS championship ever would not have played out that way. Of course the NCAA has already made enough money off of Bush that they can stand to punish the new Trojans.

Without Cam Newton, college football would have been a snooze-fest last season. Imagine how few people would have watched Oregon vs. TCU for the national championship. No thank you, I’m glad someone just gave Newton some money so we could watch some good college football.










Here's kind of a silly thing that President Obama said in his interview with Ann Curry yesterday, in a discussion about the slow pace of the employment recovery:



"[T]he other thing that happened, though, and this goes to the point you were just making, is there are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM; you don't go to a bank teller. Or you go to the airport, and you're using a kiosk instead of checking in at the gate."



ATMs were probably a bad example, since they were ubiquitous for a long, long time before the current unemployment quagmire was set in motion. But there's no doubt that human employees are increasingly being replaced by machines, which don't need health insurance or pensions and never send passive-aggressive e-mails. It's been the story of industrialization for more than a century, and the incentives for using technology over sentient beings have only grown since the recession. As the Times reported last week:



Indeed, equipment and software prices have dipped 2.4 percent since the recovery began, thanks largely to foreign manufacturing. Labor costs, on the other hand, have risen 6.7 percent, according to the Labor Department. The rising compensation costs are driven in large part by costlier health care benefits, so those lucky workers who do have jobs do not exactly feel richer.



One business owner the Times quotes sounds like he practically hates the human race at this point:



“I want to have as few people touching our products as possible,” said Dan Mishek, managing director of Vista Technologies in Vadnais Heights, Minn. “Everything should be as automated as it can be. We just can’t afford to compete with countries like China on labor costs, especially when workers are getting even more expensive.”



So the ATM example notwithstanding, Obama's larger point is a sound one. Unfortunately, the ATM thing has caused something of a mini-hubbub, particularly with the notoriously prickly ATM lobby. Mike Lee, the CEO of the ATM Industry Association, vented to the Washington Examiner today:



President Obama should never use ATMs as an example of how technology replaces human labor because ATMs today play a critical role in providing extensive employment in the ATM and cash-in-transit industries. In addition, ATMs provide an indispensible [Us: Odd word choice there] range of services to customers, including all-hours access to their own banked cash. With over 400,000 in America alone, ATMs have become the main distribution channel for the distribution of cash in all modern economies and cash remains by far the most popular form of payment by US consumers. The whole purpose of the invention of the ATM back in 1967 was to make cash available outside of bank hours, liberating citizens to access their banked money 24 x 7, a huge increase in convenience. Given these major roles of the ATM, it would be quite irrational to turn the clock back to the 1960s to a time before ATMs.



Quite irrational. Obama didn't say anything like that, but if he had, it would have been quite irrational indeed!



O on ATMs [Political Punch/ABC News]





Jon Stewart Tackles the <b>News</b> of the World Scandal

But before Stewart could expound on his point, correspondent John Oliver presented him with a recap of Rupert Murdoch's News of the World scandal--a friendly reminder that the British will always find a way to out-shame ...

Jon Stewart Tackles the <b>News</b> of the World Scandal

<b>News</b> Corp Launches $5B Stock Buyback – Deadline.com

This could provide some pop for News Corp shares, which have declined more than 12% over the last five days as the News Of The World phone-hacking scandal mushroomed. The company says this morning that its board of ...

<b>News</b> Corp Launches $5B Stock Buyback – Deadline.com

<b>News</b> Corporation Looks to Bolster Stock With Buyback Plan <b>...</b>

The company's stock price has dropped since the revelations of a wider phone hacking scandal at News of the World.

<b>News</b> Corporation Looks to Bolster Stock With Buyback Plan <b>...</b>

uk bobby ferguson

Jon Stewart Tackles the <b>News</b> of the World Scandal

But before Stewart could expound on his point, correspondent John Oliver presented him with a recap of Rupert Murdoch's News of the World scandal--a friendly reminder that the British will always find a way to out-shame ...

Jon Stewart Tackles the <b>News</b> of the World Scandal

<b>News</b> Corp Launches $5B Stock Buyback – Deadline.com

This could provide some pop for News Corp shares, which have declined more than 12% over the last five days as the News Of The World phone-hacking scandal mushroomed. The company says this morning that its board of ...

<b>News</b> Corp Launches $5B Stock Buyback – Deadline.com

<b>News</b> Corporation Looks to Bolster Stock With Buyback Plan <b>...</b>

The company's stock price has dropped since the revelations of a wider phone hacking scandal at News of the World.

<b>News</b> Corporation Looks to Bolster Stock With Buyback Plan <b>...</b>


A big dilemma in college football is occurring, and it has nothing to do with a playoff system. USC just lost out on their BCS Championship from 2004, Ohio State is preparing for more penalization's.

If the NCAA demands one thing from their athletes, it’s not about going to class and certainly not to graduate, it’s not about preventing drug usage. The NCAA hates college athletes making money. Now, for the first time ever, there is talk to pay college athletes.

Steve Spurrier, head coach at South Carolina University, is offering to pay players out of his pocket. Why not? Spurrier makes millions of dollars turning South Carolina into a decent SEC team. Spurrier understands that he needs to start paying players to go to South Carolina, who wants to play in a state that still has a big confederate flag hanging in the capitol?

The topic of paying players was conversed at a Big 12 meeting recently. Texas can get away with paying players without cutting into the girls' field hockey team, but I’m not too sure about Baylor.

Of course, Title IX may come into question, and if football players get paid…the women’s softball should see some of the money? Sure they should, and they should also charge $50 a seat to watch their sport.

There’s too much rhetoric that “student”-athletes must be treated like every other student.  When was the last time a law student was barred because he or she got a paid internship?

The problem is not who they should pay-to-play, but how much can universities pay?

Most schools from non-BCS conferences don’t make as much money on football to go around and they have a hard time making budget as it is. Most BCS schools have a hard enough time balancing athletic budgets while tapping into student fees to cover other expenses.

To avoid college football players ditching class in lieu of a lockout, I have a proposal that might just help the little guys too. Two words, that when put together can make even the stingiest NCAA lawyer nod: student loans.

Any student can apply for a sizable amount of student loans. Why not allow athletes on a full-ride scholarship to apply and receive extra funding that can be paid back?

Of course, not everyone makes it to the NFL, which would make it easier to pay the loan quickly, but not everyone needs a sleeve tattoo either. Even some doctors need to repay student loans.

Every player is given a meager amount of scholarship money. Honestly, when Terrelle Pryor sells a Big Ten championship ring so he can get his arms tattooed, clearly the scholarship system and under-the-table booster money isn’t helping.

Reggie Bush’s parents needed a home without paying any money in rent, even though they both worked.  Bush also needed a nice car, glamorous wardrobe and jewelry, how else is he supposed to date a Kardashian?

How come college athletes aren’t allowed to make endorsement money? Almost every college athlete is over the age of 18, which classifies them as an adult to the judicial system. Endorsements can be limited, and supervised by the NCAA.

Sure, some schools have an opportunity to provide larger endorsement deals, which isn’t fair to smaller market schools. However, not every player can get endorsement deals at big schools, but maybe a smaller school can offer a good player a good deal.

If the NCAA alleges they were created to protect student-athletes, the BCS was created to protect big institutions.  The NCAA rules exist to create “fair play,” but the BCS has rules to make sure the big schools have big pay days.

Is it fair that the mediocre Big East gets an automatic bid to a major bowl, despite the level of competition being weaker than the Mountain West and WAC?

Money makes college athletics go around. Athletes in college athletics must remain amateurs. Reggie Bush was the highest paid player in college sports his junior year, but Bush did not receive any illegal benefits from the University. To be fair, the only way the NCAA can ever sniff out violations, is if there is a tattletale involved.

The NCAA doesn’t conduct any actual investigations. Bush appeared clean throughout his NCAA career, until he chose not to use San Diego local agents Michael Michaels and Lloyd Lake.

The distraught agents filed a lawsuit against Bush which opened the eyes to the NCAA. Bush received horrible advice from his new agents, had he just returned the money that was “borrowed,” the NCAA would have lacked any evidence or witnesses.

Mississippi State tried tattling on Cam Newton.  The problem with convicting is Miss. St. didn’t give Newton any money. Apparently, if Auburn did, no one near campus is blabbing abut it.

Too bad for Ohio State that tattoo artists like to brag about their handiwork.  Memo to A.J. Green, if you try to sell your jersey on eBay, it is really easy to trace. It’s too bad that North Carolina didn’t spend as much money on a coach as they did on their football players.

The NCAA has taken a year to deny USC an appeal. In light of the NCAA ruling that Reggie Bush was ineligible, the BCS vacated the championship trophy that Bush and the Trojans received after a 55-19 trouncing of Oklahoma in 2005. Six years ago? The NCAA moves slower than a 100-year-old lady trying to parallel park.

If they take away a championship from 2004-05, why take away an opportunity for a championship in 2011-12?

The short answer is because Bush doesn’t attend there anymore. Without Bush playing for USC in 2005-06, the most watched and most exciting BCS championship ever would not have played out that way. Of course the NCAA has already made enough money off of Bush that they can stand to punish the new Trojans.

Without Cam Newton, college football would have been a snooze-fest last season. Imagine how few people would have watched Oregon vs. TCU for the national championship. No thank you, I’m glad someone just gave Newton some money so we could watch some good college football.










Here's kind of a silly thing that President Obama said in his interview with Ann Curry yesterday, in a discussion about the slow pace of the employment recovery:



"[T]he other thing that happened, though, and this goes to the point you were just making, is there are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM; you don't go to a bank teller. Or you go to the airport, and you're using a kiosk instead of checking in at the gate."



ATMs were probably a bad example, since they were ubiquitous for a long, long time before the current unemployment quagmire was set in motion. But there's no doubt that human employees are increasingly being replaced by machines, which don't need health insurance or pensions and never send passive-aggressive e-mails. It's been the story of industrialization for more than a century, and the incentives for using technology over sentient beings have only grown since the recession. As the Times reported last week:



Indeed, equipment and software prices have dipped 2.4 percent since the recovery began, thanks largely to foreign manufacturing. Labor costs, on the other hand, have risen 6.7 percent, according to the Labor Department. The rising compensation costs are driven in large part by costlier health care benefits, so those lucky workers who do have jobs do not exactly feel richer.



One business owner the Times quotes sounds like he practically hates the human race at this point:



“I want to have as few people touching our products as possible,” said Dan Mishek, managing director of Vista Technologies in Vadnais Heights, Minn. “Everything should be as automated as it can be. We just can’t afford to compete with countries like China on labor costs, especially when workers are getting even more expensive.”



So the ATM example notwithstanding, Obama's larger point is a sound one. Unfortunately, the ATM thing has caused something of a mini-hubbub, particularly with the notoriously prickly ATM lobby. Mike Lee, the CEO of the ATM Industry Association, vented to the Washington Examiner today:



President Obama should never use ATMs as an example of how technology replaces human labor because ATMs today play a critical role in providing extensive employment in the ATM and cash-in-transit industries. In addition, ATMs provide an indispensible [Us: Odd word choice there] range of services to customers, including all-hours access to their own banked cash. With over 400,000 in America alone, ATMs have become the main distribution channel for the distribution of cash in all modern economies and cash remains by far the most popular form of payment by US consumers. The whole purpose of the invention of the ATM back in 1967 was to make cash available outside of bank hours, liberating citizens to access their banked money 24 x 7, a huge increase in convenience. Given these major roles of the ATM, it would be quite irrational to turn the clock back to the 1960s to a time before ATMs.



Quite irrational. Obama didn't say anything like that, but if he had, it would have been quite irrational indeed!



O on ATMs [Political Punch/ABC News]






There is a road from the eye to the heart by B℮n


Jon Stewart Tackles the <b>News</b> of the World Scandal

But before Stewart could expound on his point, correspondent John Oliver presented him with a recap of Rupert Murdoch's News of the World scandal--a friendly reminder that the British will always find a way to out-shame ...

Jon Stewart Tackles the <b>News</b> of the World Scandal

<b>News</b> Corp Launches $5B Stock Buyback – Deadline.com

This could provide some pop for News Corp shares, which have declined more than 12% over the last five days as the News Of The World phone-hacking scandal mushroomed. The company says this morning that its board of ...

<b>News</b> Corp Launches $5B Stock Buyback – Deadline.com

<b>News</b> Corporation Looks to Bolster Stock With Buyback Plan <b>...</b>

The company's stock price has dropped since the revelations of a wider phone hacking scandal at News of the World.

<b>News</b> Corporation Looks to Bolster Stock With Buyback Plan <b>...</b>

qatar bobby ferguson

Jon Stewart Tackles the <b>News</b> of the World Scandal

But before Stewart could expound on his point, correspondent John Oliver presented him with a recap of Rupert Murdoch's News of the World scandal--a friendly reminder that the British will always find a way to out-shame ...

Jon Stewart Tackles the <b>News</b> of the World Scandal

<b>News</b> Corp Launches $5B Stock Buyback – Deadline.com

This could provide some pop for News Corp shares, which have declined more than 12% over the last five days as the News Of The World phone-hacking scandal mushroomed. The company says this morning that its board of ...

<b>News</b> Corp Launches $5B Stock Buyback – Deadline.com

<b>News</b> Corporation Looks to Bolster Stock With Buyback Plan <b>...</b>

The company's stock price has dropped since the revelations of a wider phone hacking scandal at News of the World.

<b>News</b> Corporation Looks to Bolster Stock With Buyback Plan <b>...</b>

business bobby ferguson















No comments:

Post a Comment