| Multi-Level Marketing, a Hidden Peril in China
HONG KONGMulti-level marketing (MLM) 1 , also know as pyramid schemes ( chuanxiao ), has become prevalent again in China in the past two years 2 . Millions of people, including students and farmers, are involved in this sector, drawing 50 billion yuan (US$6.66 billion) into the scheme. Chinese authorities continue, however, to be wary of direct sales on a number of grounds, among them pyramid scheme frauds, strong networking capabilities and loss of social stability. With such a large and well-organized sales force, MLM has caused panic on the authorities. In July and August of this year, the authorities significantly strengthened the co-operation with related departments in fighting illegal pyramid selling. According to Oriental Daily News in Hong Kong, MLM salespeople, dissatisfied with the authority's bans, often gather a crowd to attack governmental agencies.
Breakling news Passport to Wealth on the verge in 2008...
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X marks this iffy new gizmo
High-energy salespeople are hawking a device called Xpower at pumped-up meetings in Stockton banquet rooms, claiming it slashes home power bills. "Area directors" for Forum Technologies also are recruiting people into Forum's sales force, a multilevel marketing organization, or MLM, that the company's CEO says is not a pyramid scheme. The MLM half of the sales pitch, in other words, is not about buying an energy-saving gizmo but getting rich through multilevel marketing of Xpower and other Forum products. Concerned readers contacted me, saying scores of people eager for easy money are being recruited. I could not personally attend meetings, being held every few days at area restaurants, fearing that I'd be recognized. Instead, a trusted associate attended. My associate attended Sunday night's meeting at the West March Lane Carrows Family Restaurant.
Chinese PM apologizes for snow chaos
The unusual gesture is likely to go a long way in pacifying the anger and frustrations of the thousands stranded across the country, CNN's Jaime Florcruz said. See I-Reporters' photos of the snow » Chinese President Hu Jintao called an emergency meeting of the policy-making politburo and promised quick action and immediate relief for those trying to make it home. The moves are intended to show that the government is in control and taking responsibility for the situation, Florcruz said. They're also a signal to local officials to stop bickering over power usage. Provinces have been ordered to share power and energy sources so they can be diverted to where it's most needed. The weather couldn't have come at a worse time: Millions of Chinese workers were trying to leave the cities where they work to travel home to their families for the Lunar New Year holiday, the Xinhua news agency reported, putting intense pressure on the country's transportation network.
Local supporters rally behind their candidates
Here at home, supporters on both sides are getting fired up with just little more than a week to go until Super Tuesday. These Barack Obama supporters say the win in South Carolina was more than they even hoped for.
"I'm inspired. I could go on all day about what I like about Barack Obama, but it all boils down to the inspiration and the hope for change that he strikes me with," said Albany resident Terrence Rusch.
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Saber Bomb: Mike Cameron Will Help the Brewers in 2008
Follow along after the jump for all of the stat-laden goodness. To set up a quick outline here, I'm going to use three stats to look at these guys. I'm going to use Baseball Prospectus's Fielding Runs Above Average (FRAA) -their measure of how many runs a fielder prevents or allows relative to a league average fielder at their position. There's also David Pinto's Probabilistic Model of Range, his measurement of how many outs a fielder records relative to how many outs they were expected to record. Finally, I'm going to use Bill James's +/- rating, in which he awards a "+" to a fielder for making a play at least one other fielder failed to make and a "-" for failing to make a play at least one other player made. The result is a stat in which 0 is exactly average.Let's start with Braun. Fielding percentage is a tragically flawed stat, but Braun's .895 at third base last year was the first sub-.900 FP in almost 30 years.
Stop Making Sense: Marketers Unknowingly Promote Purchase Paralysis By ...
CHICAGO, Nov. 9 /PRNewswire/ -- Just can't click that last button to complete an online purchase? Putting off that decision about a new phone service because you're overwhelmed by alternatives? Regret that you've switched to another credit card? You can blame the companies that are not applying the principles of behavioral economics to help customers make purchasing decisions. The Internet, in essence a worldwide department store, can be a consumers' paradise. But offering a mind-boggling array of choices without thinking about how customers really buy can be a recipe for disaster, warns Diamond Management & Technology Consultants, Inc. (NASDAQ: DTPI) . "Most companies don't test their online interfaces to optimize the choices they offer to their customers," said Bill Abbott, a Diamond partner and co-leader of the firm's information and analytics practice.
The Real Rip-Off Report (87)
Joe Arpaio's deputies placed "hold" on U.S. Citizen Israel Correa, failed to inform ICE. 06:57PM 01/25/08 Russell Pearce, a.k.a., Mr. Ethnic Cleansing, and his sick new legislation. 09:42AM 01/24/08 Giant Upset? 11:11AM 01/28/08 New Times Sponsored Events 10:29AM 01/28/08 Better Than Petty?: Hypothetical Super Bowl halftime shows 09:21PM 01/18/08 Valley musician Mat Weddle gets props from Howard Stern 04:04AM 01/18/08 Bomberos is the bomb, yo 10:47AM 01/25/08 What will they think of next? 03:32PM 01/23/08 .
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