Todays most exciting and most talked about joint ventures are not between corporations. With the credit crisis, corporations either dont appear able to be able to get the credit to form new joint ventures, or they are hunkering down and holding onto what cash they have.
No, todays most exciting joint ventures are in politics. Thats right the joint venture between John McCain and Sarah Palin and the joint venture between Barack Obama and Joe Biden.
What has this got to do with the law, you ask? Plenty. First, of course the winning joint venture may decide the direction of America for the next four to eight years. But second, they are a good picture window into how joint ventures can work, or fail.
In the case of John McCain and Sarah Palin, you had the initial excitement when the joint venture was formed and there was a great deal of buzz about the combination. There was good synergy, and Sarah Palin seemed to offer what John McCain lacked, namely youth. Additionally, Ms. Palin was able to rally the staunch conservatives who previously had been less than enthusiastic about the Republican partys nominee.
However, with time, the enthusiasm for this joint venture has faded as so often happens with joint ventures. As Ms. Palin was vetted, she was found to have some baggage including something called Troopergate. Her seventeen year-old daughter was pregnant and she had a minister or two that seemed just as unusual as Barack Obamas. None of these issues seemed to pose any serious worries, however, for the joint venture.
It wasnt until weeks after sheltering Ms. Palin from the press, that she was allowed to finally give some interviews. These did not go well. Like an athlete who has lost their confidence, Ms. Palin stuttered and gave answers that made beauty contestants seem like geniuses. Her attempt to obtain some foreign policy experience by holding a succession of short meetings with world leaders at the U.N. seemed more like speed dating when those world leaders complimented her not on her foreign policy expertise but on her looks, with one world leader trying to get the press photographers to ask them to hug.
In the joint venture between Barack Obama and Joe Biden, there was perhaps less enthusiasm than the Republican joint venture but a similar synergy of adding a vice presidential pick with the qualities Obama was thought to be lacking - in this case, Joe Bidens foreign policy experience.
Also similar to the Republican joint ventures failings, Joe Biden proved to make one embarrassing gaffe after another on the campaign trail. None were as severe as Sarah Palins but neither did he seem to be adding the enthusiasm that Sarah Palin had at least rallied on the announcement of her name.
If, as polls currently suggest, the economy is going to decide this election, financial forces, as with most joint ventures, will determine which joint venture is successful and which will not. As the economy worsens, as bailout plans are passed and then criticized, the Obama-Biden joint venture is succeeding for being thought of as more knowledgeable and able to make change. The McCain-Palin joint venture on the other hand seems to be slipping downward day by day as McCains efforts to help with the bailout plan appear misguided, and as both he and Ms. Palin become the stuff of late-night comedian monologues.
Joint ventures can be tricky and in the end, its usually the economic conditions that either spell their success or failure.
Visit our website at http://www.sebastiangibsonlaw.com to learn more about forming a corporation, LLC, partnership, joint venture or simply having us assist with your sole proprietorship. Or call us to speak directly to Sebastian Gibson at (760) 776-1810 to discuss your business law issue or other legal matter. We'll explain how it can be beneficial to have us act as your lawyer in Orange County, San Diego, Ontario, Rancho Cucamonga, Irvine, Anaheim, Newport Beach, Laguna Beach, Carlsbad, Huntington Beach, Garden Grove, Buena Park, Palm Springs or Palm Desert or your attorney wherever you live in Southern California.
We represent clients from such areas as the Coachella Valley and the cities of Cathedral City, Indian Wells, Yucca Valley and Joshua Tree as well as Rancho Mirage, Desert Hot Springs, Twentynine Palms and Thermal Indio and Coachella to La Quinta as well as cities in Orange County such as Corona del Mar, Dana Point, Laguna Niguel and Newport Beach as well as Anaheim, Irvine, Santa Ana and Costa Mesa Newport Beach to Laguna Beach, from San Clemente to San Juan Capistrano. In San Diego we have the resources and knowledge to be your attorney in Carlsbad, Oceanside, La Jolla, Del Mar, San Marcos, Pacific Beach, El Cajon, Chula Vista and Escondido.
Visit our website at http://www.sebastiangibsonlaw.com if you have any type of business, finance, joint venture or corporate matter or need legal representation or legal defense in San Diego, Carlsbad, Oceanside, San Clemente, San Juan Capistrano, Newport Beach, and Huntington Beach and the inland areas around Orange County, Anaheim, Irvine, Santa Ana, Costa Mesa, Yorba Linda, Fullerton, Ontario, Rancho Cucamonga, Riverside, San Bernardino, Temecula, Palm Springs, Palm Desert, Victorville, Santa Barbara, Ventura, or need legal representation of any other kind in La Jolla, Del Mar, San Marcos, Encinitas, Solana Beach, Pacific Beach, El Cajon, Chula Vista, or Escondido.
Sebastian Gibson began his legal career in San Diego before practicing for a number of years in London, England. In 1984, he returned to California and opened an office in the Palm Springs, Rancho Mirage and Palm Desert area of California. Today, he also has an office in Corona del Mar, Newport Beach, close to Laguna Beach, California, and the firms Of Counsel office is in Carlsbad, in the north coastal area of San Diego.
Sebastian Gibson is admitted before the Superior Courts of California as well as several Federal District Courts. He is the senior partner at the Law Offices of R. Sebastian Gibson.
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