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Entries for 'Crystal Dallo'

Returning Back to the Babylonian Roots of Saving
By Crystal Dallo :: 18445 Views :: Business & Finance

Michigan, USA - Even before it was fashionable in America, Chaldeans were proselytizing about the value of thrift and saving.  “I give all my American friends having financial trouble the book,” says Faith Yono a senior finance major at Wayne State University in Michigan.  “The book is small, but filled with wise financial sense.  This is a reason why Babylonians are some of the wealthiest people even today.”

Yono is referring to the book titled the Richest Man in Babylon written by George Samuel Clason which gives financial advice through a collection of parables set in ancient Babylon.  Through their experiences in business and managing household finance, the characters in the parables learn simple lessons in financial wisdom. By basing these parables in ancient times, but involving situations that modern people can understand and identify with, the author presents these lessons as timeless wisdom that is as relevant today as it was back then.

Chaldeans are known to teach that you should never spend what you borrowed.   “America’s culture of consume on credit is very bad,” says Yono.  “People are taught to buy whatever they like on credit cards and pay the crazy interest later.  The same stupid thinking is now in government.   They just want to borrow and spend and this is very bad.”

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2nd Annual Michigan Bowers Farm Maze Open Weekends Beginning Sept. 27
By Crystal Dallo :: 37076 Views :: Health & Fitness, Chaldean Education & Career Center

Michigan, USA - Three levels of difficulty will challenge Chaldean visitors to the second annual Bowers Farm Corn Maze nestled in the fields of Bloomfield Township’s historic farm at 1219 E. Square Lake Road.

Beginning Saturday, Sept. 27 and continuing Fridays and Saturdays through Nov. 1, the corn maze will offer beginning, intermediate and advanced routes covering ten acres.  All mazes have check points where visitors can consult a map.  Walking time varies from 15 minutes to 45 minutes, depending on pace. Guides will be present inside the maze to assist visitors.  

Chaldean families can also enjoy free wagon rides or horse drawn hayrides for $3, concessions including apple cider, doughnuts and hot dogs roasted over a bonfire, complimentary on-site parking, and pumpkin picking beginning Oct. 17.  Guests should wear comfortable shoes and dress for the weather, and may bring flashlights for after dark.

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Chaldeans Watch Closely as Costco Battles with Distributors
By Crystal Dallo :: 29687 Views :: Business & Finance, Chaldean Caucus

California, USA - Chaldeans have long complained of the unfair practices of distributors.  However, the lack of an organized business voice has left Chaldean store owners with slimmer margins and less service.  “Distributors have long capitalized on the backs of Chaldean community who maintain a market for products in areas where retail giants fear to tread,” says Nick Mansour, owner of Gas and Go in Dearborn, Michigan.  “They pre-price their products, refuse to take damage goods, and treat the businesses with a lack of respect.  How can we compete and give customers a better price when the distributor forces you to charge a certain amount.”

Lobbyist groups like the Anti-Saloon League long convinced U.S. politicians that it was in the country’s best interest to give distributors free market protective status.  They made the case so effectively that, even after Prohibition was lifted in 1933, most states insisted on keeping alcohol manufacturers far away from alcohol sellers. The favored solution: a three-tier distribution system requiring manufacturers to sell to wholesalers, and wholesalers to sell to retailers.

A system Chaldeans have long contested as a state sanctioned monopoly that hurts the consumer.  All that may soon change, when giant warehouse retailer Costco weighs in on what Chaldeans have long said, “Distributors are anti-competitive.”   

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Small Business Wins in Supreme Court
By Crystal Dallo :: 36870 Views :: Business & Finance


California, USA - Chaldeans are fast learning the importance of legislation and politics and how the two can impact their business bottom line.  The Chaldean Caucus has long banged the drums of needing business savvy politicians from local to federal positions.  In Michigan, the Caucus moved forward in promoting and supporting three Chaldean political hopefuls.  Two of which have extensive business backgrounds. 

The Chaldean Caucus also monitors the judicial bench and the rulings they make that impact business.  The Supreme Court's 2006–2007 term was particularly kind to the small business community. The Chaldean Caucus estimate that at least half of the docket included cases with a substantial business interest. Here's a review of some major decisions for Chaldean small-business owners:
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