Accounting & Investing Info for San Antonio A & M
Tuesday Sept 1 2020
With some 58 million Americans out of work, there are many interviews taking place. But employers are ghosting the applicants.
This means they have moved on to other applicants without notifying the former applicant. Read about the level of frustration this is causing.
Monday Aug 31 2020
Bankruptcies continue in the oil patch. Will big oil learn from big coal?
Moday August31 2020
The attorney for JCP says the rescue is in the wings but then he is still billing for his services.
As the talks stall and Kohls and Target appear to be doing at least okay, it is hard to see who would want to assume the $ 5 B in debt that JCP owes.
Ditto Sears. I suspect there is a lot more news like this ahead.
Monday August 31 2020
A comment from a student writing his reflection on Emerso
Living by good character may lead to disapproval by others, but pleasing others’ is not the main goal in life
That reminded me of a song by Ricky Nelson. Ricky was the real life son of Ozzie and Harriett Nelson. The family was featured ina tv show from 1952 to 1966 The Adventures of Ozzie and Harriett. Like Father Knows Best and Leave it to Beaver and later The Brady Bunch, it told the seemingly impossible story of Anglo families living the perfect American life in the perfect American Sub
https://en.wikipedia.org/wiki/The_Adventures_of_Ozzie_and_Harriet
Note this show was popular throughout the bull market of 1948-66 getting kicked off as the Korean conflict ended. It was popular as it reflected the social mood of the time.
Ricky became a musician and Ozzie a former big band leader, literally invented the music video. He cut the half hour TV show sort and inserted a video like this of RIcky singing thereby boosting the show ratings and RIcky's career.
Here is Mary Lou referred to in Garden Party
But Ricky moved on as musical tastes did as well. Here is doing Honky Tonk Woman, a Rolling Stones hit, on the piano, I did not even know he played the piano!
Eventually he played Madison Square Garden. The group that showed up no longer knew him. The result was the song Garden Party, his last mega hit.
But singing to across the decades, he is saying the same thing Emerson tells us across more than a Century, which is this
But it's all right now
I learned my lesson well
You see, ya can't please everyone
So ya got to please yourself
Postscript
Tragically Ricky died in the crash of a DC 3 he had bought from Jerry Lee Lewis. And so he added to the list of musicians who passed from this world.
Buddy Holly, The Big Bopper, Richie Valens all died in the same crash, subject of the song Bye Bye American Pie.
Also Patsy Cline and Jim Croche would meet similar fates. I suspect that is why today musicians travel by custom bus.
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"Garden Party"
But it's all right now
I learned my lesson well
You see, ya can't please everyone
So ya got to please yourself
People came from miles around
Everyone was there
Yoko brought her walrus
There was magic in the air
'N' over in the corner
Much to my surprise
Mr Hughes hid in Dylan's shoes
Wearing his disguise
But it's all right now
I learned my lesson well
You see, ya can't please everyone
So ya got to please yourself
Lott-in-dah-dah
lot-in-dah-dah-dah
Played them all the old songs
Thought that's why they came
No one heard the music
We didn't look the same
I said hello to "Mary Lou"
She belongs to me
When I sang a song about a honky-tonk
It was time to leave
But it's all right now
I learned my lesson well
You see, ya can't please everyone
So ya got to please yourself
Lot-dah-dah (lot-dah-dah-dah)
Lot-in-dah-dah-dah
Someone opened up a closet door
And out stepped Johnny B Goode
Playing guitar
Like a-ringin' a bell
And lookin' like he should
If you gotta play at garden parties
I wish you a lotta luck
But if memories were all I sang
I rather drive a truck
But it's all right now
I learned my lesson well
You see, ya can't please everyone
So ya got to please yourself
Lot-dah-dah (lot-dah-dah-dah)
Lot-in-dah-dah-dah
'N' it's all right now
Learned my lesson well
You see, ya can't please everyone
So you got to please yourself
Weekend August 29 2020
Apparently being cooped up together at home is not improving the romance. Divorce rates are soaring from newlyweds to those with longer time to gether.
Being together does not seem to make the hearts go fonder.
Thursday August 27 2020
The US threatens to remove Chinese companies from US listing on exchanges unless they fully cooperate on
haccess to audit working papers.
The recent fraud at Luckin Coffee in China could not have come at a worse time.
These are good examples of the problems with globalization and a central govt that will not be open in business dealings
Thursday August 27 2020
https://sacpasociety.com/enter-virtual-reality-at-txcpa-sa-meet-the-firms/
Accounting Majors, discover the vast empires open to CPAs at the Accounting Careers Workshop on Friday, September 25, between 5:30-7 pm.
Hosted by the Texas Society of CPAs-San Antonio Chapter, this virtual workshop features careers advice from CPAs in tax, audit, forensic accounting, cyber security and business, including
Participants will also hear from key sponsors, discussing professional development issues pertinent to accounting majors and CPA candidates. An electronic Resume Book of student/CPA candidate resumes will be provided to sponsors.
Firms/Organizations: to learn more about sponsorships, click here.
Students/CPA Candidates: to RSVP to attend, click here.
Oroian Guest & Little PC
Wed August 26 2020
Like Arnold S, Stallone with nothing. He wrote every Rocky script himself.
Take a listen on his advice for success.
Wed August 26 2020
this is a great motivational speech by Arnold.
Seriously take a listen.
Note this video ha over 8 milllion views.
Here are his rules for success.
1) Have goals, purpose, and visions. 2) Don't listen to the naysayers or doubters. 3) We have to work our ass off and advertise. 4) Don't have a backup plan. We function better if there is no safety net. 5) Never doubt yourselves. 6) Everyone fails and losers stay down. To be a winner we have to fail, we have to never be afraid of failing, we have to never stay down, and we have to get up continuously. 7) Being relaxed and giving it everything we have is the best way to perform. 8) Help out others and give back to the world.
Notice number four, no back up plan. If you have a back up plan you are liable to do just that, back up.
Monday August 24, 2020
Professor Elam 