Archive for the ‘C.R.E.A.M.’ Category

BLOOMBERG vs. The Stylishly Impoverished

Sunday, March 9th, 2008

bloomie

“I shut ’em down, shut ’em, shut ’em down”

The counterfeiting community in NYC shudddered last week when Mayor MIKE BLOOMBERG trained his bootlegging bloodhounds on a specific location in Chinatown. This building has been targeted previously by the authorities that regulate the counterfeit trading here in the city. Chinatown as a whole, or particularly Canal Street is regarded as the place where you can come up so some of the most well made non-licensed goods that a little money can afford.

There are several diifferent levels that counterfeit, or non-licensed goods can take depending on the factory that the products originate from. Some non-licensed products are actually created at the very factories where the flagship items are made, but they haven’t passed the requisite quality control processes enabling it to be offered in the flagship retail location. These products wind up following another distribution channel.

At the end of the day there are millions of items flowing through these channels. I’m not talking about poorly constructed knockoff pieces either. I’m talking about shit that us middle-class aspiring working class people love to consume. I have a LV duffel bag that is as sharp as a harp. I’ve had it for seven years already and the bag’s exterior hasn’t cracked nor have the zipper closures broken or jammed. The bag cost me $40 bucks in a warehouse on Elizabeth Street off Canal. This bag was the only way that someone like me could afford to look as classy and stylish as someone who has an actual bank account. When I rocked that travel bag with my minks at the All-Star Weekend events in Philly I was a Team Chickenhead All-Star.

minks

True story is that was important to me too. Consuming these products are important to lots of working class and even lower class people who aspire to one day make the transfer to upward class mobility. It’s a lot easier to own a non-licensed designer suitcase than it is to actually achieve the move upwards. As a matter of fact, having the bag allows me to delude myself about my true impoverished status. The mayor is really targeting the designer dreams of poor people when he claims he has an ongoing war on counterfeiters.

There is always this movement to target the point of sale for materials that are considered illicit instead of focusing on the manufacturing, distribution and delivery systems that make these things available. Ultimately, the small sunshine on the quality of life that poor people enjoy is replaced with the dark clouds of interdiction and law enforcement. No matter how the NYTimes spins shit I recognize that the one battle we will always fight will be the war against the poor.

A WORD FROM OUR SPONSOR…

Friday, March 7th, 2008

champizzle my nizzle

Peep the wedding photo on the table… Ol’ boy married a sista?!?

Happy Women’s History Month Mrs. Sallie Hemmings.

“That Ain’t Hip-Hop!”

Thursday, March 6th, 2008

riley

Editor’s note: 40 DAWG describes a real-life moment with a live-action Riley Freeman

I hate Hip-Hop sometimes…

While walking thru this city of ours on my lunch break today I was gonna run up in Dr. Jay’s on 34th to see if I could come up on some “hood staples” on sale in their sneaker dept (I did – some Barkleys and some AF1’s for a buck). I’m about 100 feet from the store listening to my iPhone and all of a sudden something is thrust in front of my face. I proceed to slap the item and the hand and arm holding it down in a natural instinctive fashion. Dude proceeds to have a mild attitude and then reassesses when I glare back at his monkey ass. His “Street Team” comes over to his aid and now that he has numbers I’m asked the requisite

“What the fuck yo? We just out here tryna grind yo!”

To which I respond,

“And your man fucked up by jamming something in my face.”

So this little dibby-dibby army of four packs in closer together forming what they thought was a “wall” and I’m like,

“So you mad now? If you gonna move, then move if not step the fuck off…”

They didn’t wanna move, but wasn’t gonna do nothing so I proceeded to part their little crowd like Moses. One finally chirps up,

“Thats fucked up yo, that ain’t hip-hop yo! Support real hip-hop!!!”

I chucked them the bird, turned around and proceeded on my way…

I hate Hip-Hop sometimes…

DOLLAR, DOLLAR BILL Y’ALL…

Wednesday, March 5th, 2008

linkin

Editor’s note: With the cRap Music Fantasy league stuck in a stalemate this fiscal quarter, El Gringo Colombiano antes up his $.02 to save the US economy from itself.

In reading Paul Craig Roberts’ article ‘Obama & Global Trade‘, I came across the best idea I ever heard in balancing the US Trade Deficit, from a 2003 essay by Warren Buffet, which highlights Buffet’s idea of Import Certificates.

You see the United States has been in a trade deficit since 1971, with over $100 billion annual deficits in most years since 1984. Not surprisingly, G Dubbz has made the situation 2x worse, with the then record deficit of $379 billion in 2000 mushrooming to upwards of $700B in each of the last three years.

Some smart-dumb economists say a perpetual trade deficit is good. But I never got that memo along with some economists and non-economists with COMMON SENSE who also share my view. How can any economic entity be operating at a loss for 37 consecutive years?!

An individual, or family cannot operate at a loss for more than a few years without wiping out their savings, going deep in debt, and subsequently being forced to declare bankruptcy.

Even in the info-tech, dot-com boom (circa 1996) startup companies could not operate at a loss for more than say 5 years without going bankrupt, or being acquired by a competitor for a deep discount.

Fortune 500 companies can’t lose money for more than a few quarters without massive layoffs and CEO/mgmt team firings.

Even soverign countries, like Argentina, are never allowed to do this. The US gets away with it, since the US dollar is the global favorite reserve currency of our main exporters, such as China and the Arab Oil exporters like Saudi Arabia.

I would like the smart-dumb economists who favor these perpetual deficits to point out ANY example of ANY economic entity (person, company, or country) that operated at a loss for 37 consecutive years, in ALL OF WORLD HISTORY. I doubt it’s ever happened!

Eventually, the US will have to do one(1) or more of the following problematic actions to balance the trade deficit…

  • 1. Use tariffs to make the US a primarily domestic economy
    Problem: The government has to pick & choose which products and, or industries to protect. The way the US political system in recent years has been dominated by special interests, there’s the likely chance this process will be corrupt and far from optimal for the US economy.
  • 2. Pick a few cutting edge high-tech industries, such as genomics, green energy equipment, nanotechnology, etc, that the US might try to be a global export leader in and subsidize those industries heavily in the hopes that these exports will balance out the imports
    Problem: It may be impossible to create enough exports from a few such industries, because the labor cost advantage of ChIndia. Plus ChIndia’s increasing ability to innovate in high-tech markets by itself.
  • 3. Deflate the US Dollar to make US exports more competitive and US imports more costly
    Problem: Duhh! The obvious! This will cause serious inflation and will become an overt tax on most US Citizens, since most of us US citizens’ assets are 100% invested in dollar related assets such as a home, US stocks, & USD’s themselves in Certificates of Deposits, money market accounts and plain ol’ passbook savings accounts. Personally, I don’t want my dollars to be worth say .5 as much 5 years from now since they have already become significantly weaker during the G Dubbz regime.
  • IMHO, Buffet’s idea of Import Certificates is superior to these actions and any other idea I’ve heard thus far. The gist of Import Certificates goes like this…

  • 1. To import “stuff” (goods or services) in the US, you need to buy an Import Certificate
  • 2. Import Certificates will be limited to the amount of exports, hence balancing the US trade deficit
  • 3. US Exporters will be given Import Certificates equal to the amount of stuff they export, which they can sell in a liquid financial market like stocks
  • The effect will be that US Exporters will be encouraged and US Importers will be discouraged.

    Import Certificates will work like a tariff, however the “invisible hand of the free market” will decide which “stuff” gets tariffs.

    Which jobs will come back to the US? Clothing manufacturing or software engineering? The Fed Gov’t will not decide it, but the market will, based on the marginal utility of having to pay X% of the cost of their stuff for Import Certificates.

    I think one immediate effect of this policy will be to help the rural American economy. I also imagine that US corporations won’t offshore the call center to India because they can’t afford the Import Certificates. Yet on the other hand they can’t afford the labor cost of an Atlanta or a Dallas. Their solution: Put their customer service center in the economically devastated Flint, Michigan.

    I really hope Barack Obama gets elected and brings in Buffet as Treasury Secretary to implement the Import Certificate policy.
    -EGC

    SNEAKER FIENDS UNITE!

    Sunday, March 2nd, 2008

    gabe kwt

    Shouts to the homey GABEROCKKA.

    If you have an eBay account and you want to help DP Dot Com make some moves hit me on the e-mail. We have a pair of BNIB (brand new; in box) Air Jordan XI Low sz 11 up for grabs on the system.

    ajXI

    ajXI

    ajXI