Blackberry Ban

The boys at RIM in Waterloo must be a little concerned about this. It seems the very reason business people, and politicians use the Blackberry service, that is, security, is troubling to the bureaucrats in the United Arab Emirates. They, along with India and the Saudi Arabia can't monitor traffic in the Blackberry Network. Of course that is kind of the point, but I won't quibble.
The UAE will ban Blackberry service as of Oct. 11, 2010. If that happens there is already talk about a black market in SIM cards to circumvent the Telecom Regulatory Authority (TRA) in the UAE (too many initialisms!). That's the power of the free (even if it is black) market!

Let the CRA support You

"We are from the government, and we are here to help you."
According to this below the Black Market is bad, and you should not support it. Rather, you should be happy that the government will support you. How can you argue with that kind of logic?

We're in trouble folks......

The Black Market Bailout 2

Just to follow up my last post that mentioned illicit food places, the West coast also has its share of these. I was listening to the People's Radio network (CBC Radio 1) last evening, to a program called The Main Ingredient. They highlighted a "floating restaurant" called The Wandering Spoon  in Vancouver BC. Three regular daytime chefs cooking whatever they like to discerning and willing patrons without government oversight, regulation or constraint (and for a lower price too). What a concept!
Just to the South in Seattle there was a chef that prepares black market buntings in the French way. The pictured Ortolan bunting is apparently delicious eaten plucked and whole, but must be smuggled into the US from Europe where it is endangered. Naughty boys!    

The Black Market Bailout

There is an interesting article in the Financial Post today asking the question "Did Washington avert a depression"? Of course the answer is a resounding yes, not just because it's the Financial Post, but because the guy that wrote the report was a former vice-chairman of the Federal Reserve. What the hell do you think he would say? Naturally they don't go into the fact this "intervention" into the economy is going to be reconciled at some point down the road, but by that time the unwashed masses will have forgotten what caused the reconciliation. Of course those same unwashed masses will be forced to pay for the consequences without hope of any bailout. But there is one way for them to get that bailout and hints of it, are occasionally visible.
In Michigan, one of the hardest hit of all the States economically speaking, some businesses are accepting payment for goods or services with alternative forms of currency. Imagine a restauranteur accepting copper (and I don't mean pennies) as a payment for meals. Of course Ontario and BC have increased taxes on many more items this month with the new HST. Does that mean an all cash underground economy will grow? Do bears crap in the woods? "You betcha" as whats her name would say.
Yessiree the unwashed masses may be unwashed but they are not stupid. They want their bailout too. Which brings me to the story of the illegal "grilled cheese factory" in Manhattan. Apparently there is a talented grilled cheese maker in NYC who eschews the local government regulations and the prohibitive cost (not to mention risk) for setting up a legit business. This fellow has created a business making and delivering grilled cheese sandwiches for $5 in a brown paper bag to customers on local street corners. He even has a FaceBook page and a "company" name: Bread.Butter.Cheese. This could be the way of the future, the black market bailout!