The Hungry Writer

An unemployed writer keeping sane during The Depression II.

Posts Tagged ‘bankrupt’

Potpourri

Posted by The eDater on February 12, 2009

Power off.

Power off.

Well, during the Movement Hiatus, plenty of fun unemployment stats.

AT&T will soon face strikes from up to 20,000 workers. Jobless claims dip ever-so-slightly, while those living on bennies (like me) are at a record high. Work-at-home scams are hitting their boom days (and admit it, my fellow Jobless Naughts – late in the latest of evenings, alone with your pitiable pile of possible jobs, knowing full well these are scams – you still secretly want to try them out, just in case. I know you have. I’ve even considered “researching” some of these things, figuring I could write an article about the scams. But secretly, you hope to strike that gold.

(Resist! Take it from a former-and-still-sometime copywriter – these guys aren’t even very good at the junk they put out – but when folks’re scared enough, they’re easily persuadable. Just breath deep, friends. Much better. Digression paused.)

The always-popular human interest look at the Depression is up and running. And I’m seeing all sorts of useful anecdotal evidence, of which more later.

But to me, one of the biggest pieces of news this week came from Pioneer. Not only are they laying off 10,000 – they’re halting production of their flat-screen HDTVs. Why does that one really strike me? Well, not only did Pioneer make one of the better HDTVs, but they were pretty popular. Like, the leading seller not that long ago. Recently, not as high as Sony or Panasonic – but still one of the first five firms you’d think of for HDTVs.

And Panasonic’s high-end model, the Kuro, was generally regarded as the best mass-produced HDTV. A true cut above. It was the one I’d targeted for the day after it rains gold. In most business climates, The Best Product will always have a small but significant niche. Not today. No one’s willing to pay the premium anymore, not even the wealthy or the technophiles. Bad times. (Tho for the record, if you have the means – get a Kuro during the blowout sales. They’re amazing TVs, won’t give you trouble, and should go for a song now. I wish I wish I could do this.)

Additionally, Pioneer doesn’t have too many other high-volume consumer electronics that it excels in. Name one. Sure, it makes CD players, a few things for home theaters and car audio… but this felt an awful lot like the beginning of the end for them. Of course, another business facing extinction doesn’t make many ripples these days… but as we move further back up the supply chain, this Depression just proves itself more than a minor correction.

Observed signs: on the way to LA, there were no lines at the security gates. Most people brought food with. No middle seats sat in for most of the two-part flight. My friend stars in a show on an HBO project – well, it was an HBO project. They just sold off the whole section, firing almost everyone in the process. The office – shared with Yahoo! – was, predictably, huge and empty. Literally, hundreds of empty chairs lining bare cubicles, or filling empty offices. The few who remained all had that pained look of the recently-jilted, jittery laughs and gallows humor mixed with a strained stressed look.

Except for the actors, of course. They’re used to this kind of thing. And their show had made the cut, along with one other. At least, until the buyer goes under themselves.

Degrees of Desperation watch: I just came quite close to accepting a job writing 5-10 hours a week, for about $50 a month. A joke, right? But hey, it’d be writing at least, with a remote chance of getting a buncha page views and maybe almost earning a fifth of a real salary if everything broke right and I far exceeded my hours requirements.

To be clear, I’m not taking it. But I did seriously consider it. Might as well get paid a little something, right? Yaha.

Although, the freelance projects are starting to come along, and pay nearly half a salary given a smooth process (bumpy process would take around 3-5 times as long, really cutting into the money-per-hour).

Righto, more about LA shall follow – I think the constant blue sky would get to me for a full year, but for two weeks in a grey winter, wow – but for the moment, let’s freelance.

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Broadway goes Bust

Posted by The eDater on January 25, 2009

At least someone's still flying high.

At least someone's still flying high.

So all the musicals are shuttering now – as reported by the BBC, through the prism of the topical Mary Poppins bank morality tale. Good thing I’d already given up on my musical theater ambitions.

And more reason to go for that straight drama career! I smell a gap forming…

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