Originally posted on CBS Detroit:
National Public Finance Guarantee Corp., Ambac Assurance Corp. and Assured Guaranty Municipal Corp. made their arguments Wednesday before bankruptcy Judge Steven Rhodes.
The companies want Detroit to use special property taxes to resume making payments on the bonds. However, attorneys for Detroit said Wednesday that debt is unsecured and not funded by a revenue stream.
Originally posted on PandoDaily:
An entrepreneur chooses the ‘life’ to do new things, be a visionary and build things he or she can be proud of — all of which requires time and a very different focus than just trying to sustain and micromanage the business on a daily basis. The only way to stay focused on the growth activities is by delegating everything else. Richard Branson is a vociferous advocate of delegation and has demonstrated its power through the Virgin businesses. Successful entrepreneurs like Liz McKinley of Pinnacle Petroleum and Rafael Soares, Yoguland also have had their share of difficulty delegating, but have figured formulas for making things work. Point being — you cannot win a war with an army of foot soldiers — you’ll need the leaders and managers to run the show. I also strongly believe that organizations should be built top down — bottom up team building leaves you gasping for a survival breath.
While most entrepreneurs will agree with the viewpoint here, delegation of authority and responsibility is easier said than done. To be able to delegate, you’ll need to trust your employees and hope they share the same enthusiasm as you along with the capability to do or manage the tasks entrusted. In real life, you’ll never find the ‘ideal’ employee who will think, feel or do as you would — but that’s not necessarily a bad thing. As long as the general direction of how things get done post delegation is aligned with the business goals, you should be okay.
Originally posted on Uncrunched:
NASA and printable food. I can’t stop thinking about the Jetsons enjoying their utopian food pills. Which never happened, of course, because it’s a dumb idea.
Printable food doesn’t sound all that much more appealing than those Jetsons food pills. But the stories deal with that issue – “If eating something spat out by the same kind of 3D printers…doesn’t sound too appetizing, that’s only because you can currently afford the good stuff.”
Meaning as real food becomes more scarce, people will happily eat printed food over no food.
Travel Theme: Pale
Originally posted on Wind Against Current:
By Vladimir Brezina
Ailsa’s travel-themed photo challenge this week is Pale. Once again, her chosen theme is somehow strangely linked to The Daily Post’s photo challenge this week, Color—although for a change it’s the polar opposite.
In response to The Daily Post’s challenge, I’ve posted some highly colored kayaking photos. But of course I have some pale ones as well…