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	<title>Bug Blogger &#187; Current Affairs</title>
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		<title>The Credit Crisis in Action</title>
		<link>http://bugblogger.com/credit-crisis-fx-238/</link>
		<comments>http://bugblogger.com/credit-crisis-fx-238/#comments</comments>
		<pubDate>Tue, 14 Oct 2008 00:34:55 +0000</pubDate>
		<dc:creator>Peter Semmelhack</dc:creator>
				<category><![CDATA[Current Affairs]]></category>
		<category><![CDATA[Updates]]></category>
		<category><![CDATA[credit crunch]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[manufacturing]]></category>

		<guid isPermaLink="false">http://bugblogger.com/?p=238</guid>
		<description><![CDATA[Over the past couple of months I&#8217;ve been reading with great interest all the postings on how the current economic crisis can/can&#8217;t, will/won&#8217;t effect the start up world.   Having lived through the 2001 &#8211; 2003 nuclear winter, I feel strongly that no one will be spared, irrespective of how big your company is.
This [...]]]></description>
			<content:encoded><![CDATA[<p>Over the past couple of months I&#8217;ve been reading with great interest all the postings on how the current economic crisis can/can&#8217;t, will/won&#8217;t effect the start up world.   Having lived through the 2001 &#8211; 2003 nuclear winter, I feel strongly that no one will be spared, irrespective of how big your company is.</p>
<p>This reality scored a direct hit last week when we got a call from the CEO of our contract manufacturer (domestic, not overseas).  Their credit lines were pulled by their bank (one of the big ones) because they had violated some terms of their loan agreement.  While in the past, this type of thing was met with a &#8220;let&#8217;s work it out&#8221; type of attitude from the bank, instead given the credit crisis, that attitude disappeared.  Consequently, they closed the facility where our product was being built.</p>
<p>As a result, we needed to immediately pull all our inventory, test fixtures, and packaging out of their facilities.   To say the timing was terrible is a grave understatement.  Our products were literally on their assembly lines, on schedule for our early October shipping deadlines.</p>
<p>It&#8217;s hard to describe the feelings this sudden crisis created.  First there was the enormous frustration of having to cope with <a href="http://bugblogger.com/a-long-overdue-productstatus-update-159/" target="_self">another</a> manufacturing delay.   Closely coupled was the harsh realization we now risked losing the confidence of our loyal customers that we&#8217;d ever get these units out the door.  To that end, let me describe what we&#8217;ve done and are doing to make sure this setback has minimal impact.</p>
<p>Our product team, having gone through the process of spinning up a new contract manufacturer (CM) not too long ago, is well prepared to make this next move happen quickly and smoothly.  We have already identified, contracted and engaged a new CM who has committed to hitting the ground running.  This CM is a family run business, a bit smaller than the one we&#8217;d been using, is debt-free with strong financials.  While of course there are no guarantees, I feel strongly that they are the right fit for the job we need to get done right away.   They know the stress we&#8217;re under and have signed up to the task of helping us move rapidly.</p>
<p>This switch will create a four week delay in our shipping schedule.  Not good news, but hopefully not terminally bad either.  Many of you who are reading this have been waiting for a long time for your BUGs and I can only say everyone here at Bug Labs is working like mad to get them to you.  We all deeply appreciate your patience.  We will get through this setback.</p>
<p>I will continue to blog about our progress to make sure you stay informed.  If you have any questions, concerns, frustrations or suggestions I would love to hear from you.  You can email me at peter (a) buglabs dot net.</p>
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		<title>In Support of Sustainability, Part 2</title>
		<link>http://bugblogger.com/in-support-of-sustainability-part-2-26/</link>
		<comments>http://bugblogger.com/in-support-of-sustainability-part-2-26/#comments</comments>
		<pubDate>Mon, 16 Apr 2007 13:51:57 +0000</pubDate>
		<dc:creator>Brian Ballantine</dc:creator>
				<category><![CDATA[Current Affairs]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Power to the People]]></category>
		<category><![CDATA[Sustainability]]></category>

		<guid isPermaLink="false">http://bugblogger.com/?p=26</guid>
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]]></description>
			<content:encoded><![CDATA[<p>Al Gore&#8217;s next ethical spectacle will take place on 7/7/07.&nbsp; The event<br />
has it&#8217;s conceptual roots in Live Aid, a cross-continent rock concert<br />
held in 1985 to help raise funds and awareness about the famine in<br />
Ethiopia.&nbsp; This new event, 22 years later, is called <a href="http://www.liveearth.org/">Live Earth</a>.&nbsp; Live<br />
Earth is a massive, 24-hour, multi-venue, global concert to raise<br />
awareness of environmental issues and in particular those issues<br />
related to climate change.</p>
<p>This<br />
is truly an ethical spectacle, yet it is very different than the<br />
spectacle of <em>An Inconvenient Truth</em>.&nbsp; A rock concert, first of all, can<br />
never be as didactic as a documentary film.&nbsp; However, little in the<br />
world is so deeply rooted in spirituality than music.&nbsp; Whereas you&#8217;ll<br />
never learn a whole lot from a music event, it will probably touch you<br />
at a more fundamental level than a documentary ever could.&nbsp; A music<br />
event alone, however, doesn&#8217;t constitute spectacle.&nbsp; But one on this<br />
scale surely does.</p>
<p>Besides the largeness of the event and the<br />
spiritual significance of music, there are other aspects of Live Earth<br />
that are promising.&nbsp; The event will be held in 7 continents on a date<br />
represented by three sevens.&nbsp; The significance of this seems entirely<br />
manufactured, but the effect is as if there was some deeper meaning<br />
than just dates and numbers.&nbsp; There will be over 100 performers and,<br />
judging by the marketing from Live Earth&#8217;s partner <a href="http://liveearth.msn.com/"><span suggestions="MAN,MN,MS,SN,MSW" class="misspell">MSN</span></a> (unfortunately), viewers will be able to watch any of the acts live on the <span suggestions="Internet,inter net,inter-net,interned,Internets" class="misspell">internet</span>.</p>
<p>The<br />
upshot is we have a spiritual event of mythological proportions (has<br />
there ever been anything so big?) where individuals get to participate<br />
at their discretion from their own homes.&nbsp; It&#8217;s nearly the perfect<br />
synergy of myth, inclusiveness, and connectedness that a fully-realized<br />
ethical spectacle calls for.&nbsp; Perhaps this is the type of thing that<br />
only someone like Al Gore can pull off, but in my search for more<br />
spectacles in support of sustainability, I see the beginning other, more bottom-up movements that have the requisite mythological undertones,<br />
promote inclusiveness and individual control, and advance<br />
connectedness and sustainability.&nbsp; I will discuss these movements next time.</p>
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