Home Wealth Project
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Jan 10th
Another is to be the sort of person who is missed when you’re not.
The first involves making noise. The second involves making a difference.
View full post on Seth’s Blog
Sep 3rd
It seems the world has seen more than enough catastrophes to last several lifetimes. Yet the most arresting and compelling stories arise long after an event. Black Tide: The Devastating Impact of the Gulf Oil Spill shows behind the media pictures and stories of Alabama and Louisiana Gulf communities rebuilding after the worst oil spill in history, the Deepwater Horizon blowout.
Author Antonia Juhasz is a leading oil industry expert and director of the Energy Program at Global Exchange. She has previously written The Tyranny of Oil and The Bush Agenda, along with numerous articles on the oil industry. For this new book, Juhasz spent extensive time with the families of affected Gulf fishermen, industry employees and environmental activists. I learned about Black Tide while watching C-Span, and made an effort to pick up a copy after learning about the compelling effort that went into its documentation.
Learn the human toll of the oil spill
Black Tide outstandingly paints the vivid efforts surrounding the explosion in the Gulf and the politics of the cleanup. Juhusz is hands-on – literally, as a photo shows her holding a sandy tarball on the Dauphin Island shore in Alabama – and an excellent curator of the relationships between all parties involved. For example, Juhasz’s journey through the fishing industry notes the world’s links to the Gulf:
“In Los Angeles, La Paz or London we might not feel the poisoned water or inhale the burning air, but we eat from the same table.”
The opening chapters explain the equipment malfunctions before the rig’s eventual capsizing, details of panicked workers scrambling to safety, and musings from the survivors and victims’ families. Eleven rig workers died the day of the explosion, but Black Tide also reminds you how many more suffered.
With each explanation come inevitable comparisons to the Exxon Valdez oil spill, but Juhusz still manages to offer surprising factoids, such as:
“More than 26,000 gallons of oil remain in Prince William Sound today, readily found oozing up on beaches.”
The factoids, concise and excellent, continue into explanations of crude oil’s toxicity and oil’s destructive impact on animals and plant life.
“When oil coats an animal, it can limit the creature’s ability to swim, fly, navigate, maintain body temperature, feed properly and even reproduce. Oil can harm the eyes, mouth and nasal tissue, as well as the immune system, red blood cells and organs like the liver, lungs and stomach.”
No words deteriorate into a clinical classroom tone. Each word serves to remind us of the immensity of the spill’s impact long after the media coverage has moved on.
The communities and small businesses that suffered
Gulf fishermen are the small businesses highlighted in Tide; most were already financially strained after recovery from Hurricane Katrina. Forty thousand fishing families in the region are from Southeast Asia, comprising one-third of the seafood workers in the Southeast. Translation issues were among many factors that played into BP’s failed efforts to include displaced fishermen in its cleanup operations. The program, called Vessel of Opportunity, was meant to improve BP’s tarnished image. Instead, it caused delayed payments through a seemingly biased contractor:
Checks were slow and inconsistent. One source of trouble was identified in BP’s choice of subcontractors. BP hired ESIS, a global risk management firm that provides recovery management services….ESIS, however, advertises its recovery management services as having the “goal of reducing our clients’ loss dollar payout”…
Further damaging were the health effects felt from the ongoing anxiety of the Deepwater Horizon collapse. The Louisiana Department of Health noted 60 percent of its 900 surveyed families had been “feeling worried almost constantly..because of the oil spill,” along with “effects of widespread psychosocial stress.” David Pham, an interview subject and a volunteer at community organization Boat People SOS, noted, “These people want to work. They are ready to work. They do not want to take handouts. They were ready for the season. Now it’s like a lost hope.”
Some takeaways
Black-and-white images, ranging from a pelican covered with oil to near nude anti-BP protesters emphasizing the “naked truth,” reinforce the stories told. Photos on page 164 reveals a tattoo parlor owners’ harsh feelings towards BP and the government. Juhasz also captures the best and worst statements of Tony Hayward, the former BP CEO who had “virtually staked his career on deep offshore operations.”
Black Tide raises questions about potentially pushing past technological capabilities for profit as well as regulatory activism in the face of powerful lobbying forces. It’s not a radical, throw-out-big-business book. It offers fair criticism of BP and the government, and stakes credible claim that repeated disaster relief mistakes are possible as oil companies, with newly developed technological capabilities, extract oil from deeper waters and unfamiliar terrain.
I’ll end with one of the final notes from the author, who also suggests there is an opportunity to make major shifts in programs and policy:
“The problem is that even when they [government and industry] are in our sight, neither the government nor the public has the knowledge to regulate the industry, while the industry clearly lacks the ability to regulate itself….We will only be secure in our energy needs when we are no longer reliant on the oil industry to provide them. We have already begun to make the transition. We now need public policies that help us get there faster.”
Black Tide Reveals the Struggle of Gulf Coast Communities After Deepwater Horizon
View full post on Small Business News, Tips, Advice – Small Business Trends
Sep 30th
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"The Social Network" will have a lot more friends in movie theaters this week than the competition. Sony Pictures’ heavily hyped film about the… |
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View full post on Home Wealth Project Riot!
Sep 22nd
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President Barack Obama struggled to craft his Afghan war strategy amid infighting and fierce dissent at the White House and with… |
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View full post on Home Wealth Project Riot!
Sep 3rd
| Asian markets were struggling to stay positive in afternoon trading on Friday on caution ahead of the release of U.S. nonfarm… |
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Aug 30th
Bloomberg Businessweek recently featured a fascinating interview with Nell Merlino, the founder of Make Mine a Million. The program, which Merlino founded in 2005, had a goal of helping 1 million women-owned businesses reach 1 million in sales by 2010.
Merlino didn’t achieve that goal, but she’s looking at the positive side: “We’ve raised $10 million and helped women generate $100 million in revenue and create 6,000 jobs.”
As BloombergBusinessweek columnist Karen E. Klein notes, “Between 1997 and 2006, businesses that were fully or majority women-owned grew at nearly twice the rate of all U.S. firms.” Since then, however, the numbers haven’t changed. Currently, there are some 10 million women-owned companies in the U.S. with a total of $1.9 trillion in annual sales. What slowed women-owned businesses’ growth? According to Merlino it’s the same thing that’s stymied everyone: the recession. She says, “For a lot of women, their top goal over the last couple of years was just to survive.”
Merlino hasn’t given up on her goal: She still wants to get 1 million women-owned businesses to $1 million-this time, by 2045. Though that seems like a long time from now, for today Make Mine a Million is focusing on regional events. Last year, the program’s $100,000 online competition attracted 1,500 entrants. The top 54 companies from the contest grew an average of 59 percent in 2009 compared to 2008, and increased employment an average of 113 percent.
Despite the popular stereotype that women entrepreneurs want to keep their companies small or have “lifestyle businesses,” Merlino says a survey of women-owned companies with revenues of $150,000 to $700,000 showed that 87 percent wanted to grow. So what separates those that do grow-like the 54 women in the contest-from those that don’t? Merlino’s advice:
Why Do So Many Women-Owned Businesses Struggle to Make It to $1 Million?
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View full post on Small Business News, Tips, Advice – Small Business Trends
Apr 23rd
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Internet and media addiction is not officially a psychiatric disorder, but many college students still seem to be suffering from it. In a recent… |
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View full post on Home Wealth Project Riot!
Mar 18th
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I had a fascinating conversation on the first day of… a brand experience strategy and design firm in San Francisco, about social media strategy. |
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View full post on Home Wealth Project Riot!