Don't disparage him -- hell I'd vote for Mr. Obvious. He's apparently got a much better grasp on reality than our president or congress, and even a huge chunk of the populace.
Are these guys intentionally trying to force Congress to shut them down? Too much more of this, and economy or no economy, lawmakers are just going to say "Fuck you, die die die" and let the international banking system take a nosedive.
No they won't. Obama and most of congress are beholden to AIG for all those huge compaign contributions they gave. This is payback. Obama/Dodd/Pelosi et. al. are just feigning outrage. They did it all on purpose, and got caught lying about it (See: Chris Dodd) but somehow the honeymoon is still so lovely that the media is giving them a pass and we're all pretending the bad guys are AIG instead of the lying thieving scum we elected.
And to think I, as with many of you, thought "it can't be any worse than Bush" as we cast our vote...
So the US taxpayer is bailing our Europe's banks? Awesome! I feel so much better.
(It bugs me how you and so many others keep claiming that AIG would have "collapsed" without taxpayer bailouts, yet provide zero substantiation. You know Chapter 11 exists, right? And that's what it's for, right? So how is the "controlled dissolution" of Chapter 11 good enough for every company except those who donated big to the political campaigns of those currently in power?)
How is that "problem" alleviated in any way by these bailouts? The execs are still raiding the treasury, while little guys are still getting laid off. Your succumbing to the FUD they use to rob you is the problem.
It's FUD-filled yet utterly unsubstantiated claims like this one that have gotten us into this mess where we're throwing trillions around will-nilly with no oversight. In short, I think you're wrong. I'll offer exactly the same amount of evidence for my claim as you did for yours.
Also, FYI, the US, Japanese, German, and UK economies are #1, #2, #3, and #5. Not #1, #3, #5, and #6
Um, the entire ecosystem of video gaming consoles, games, and peripherals at Sony is losing money, and has been since the PS3 was released. That's his point.
The former means "by compulsion, without choice, in a haphazard or spontaneous manner " while the latter refers to that which is "In utter disorder or confusion, topsy-turvy, jumbled."
It's already possible to convert kindle ebook format to stanza format. Google 'mobipocket conversion DRM'. Currently most easily obtained via private, invite-only communities (such as the first hit in that search) but it'll trickle all over soon enough.
If you use Stanza on the ipod, you can make the font size even bigger than the Kindle's max. Sure you have to turn the page more often, but you wouldn't have to hold it right up to your face.
OK, then why don't you go ahead and explain how US manufacturing could have survived and competed with places like China and Mexico with labor available at 1/10tth the cost?
That would be more interesting and useful than this armchair business management you're doing here.
It's not the act of comparison per se, but the conclusions you're drawing from those comparisons that I have a problem with. I also take issue with the notion that employment is a "system under which a person solicits work from someone in a weaker socioeconomic position."
Companies are made up of people. In mine, for example. the engineers (who technically "work for" the managers) make more money than the managers and are this in a stronger socioeconomic position. They manage us, but we do the work that makes the money for everyone, so they need us.
Perhaps your skill set isn't conducive to such a relationship, or maybe there are a great number of people who could easily replace you. That doesn't have to be the case though.
It's nothing at all like saying that. Are you seriously comparing getting a job at a different employer or purchasing goods from a different store to moving to another country?!
Alternatives may not make your (largely imagined) balance of power disappear, but they do make it irrelevant.
Consider taking responsibility for your own situation. It's not The Man's fault.
I don't know about the commie-socialist-liberal bricks in your country, but here in the good ol' USA our bricks don't do anything except be a part of a wall or other structure -- just like god intended!
Seriously man, both simplicity and complexity can be fun. Anyone who tries to tell you one is better than the other is a poor performer at the other, and is embarrassed about it.
So you're saying that it's not "negotiation between equals", and that I can either take it or leave it. Isn't that what my post said?
This makes sense.
My whole point was that, when you're dealing with a large business, you have to agree to their terms or else not deal with them. That bespeaks an enormous disparity of power in the relationship that you have with that company.
This doesn't. The power is even since either party can decide to deal or not. That is, the large business has to agree to your terms or else not deal with you. They need you as much as you need them.
You mean he couldn't figure out how to pay Americans Chinese wages? That's because it was illegal. And what does GE's stock price today have to do with Welch? He was there from 1981 to 2001, over which period GE stock rose in value by about 60x.
If you're suggesting that had GE stayed in the TV business their stock would not have fallen recently (unlike just about every other stock in this depression/recession) then you're pretty ignorant.
Welch adopted Motorola's Six Sigma quality program in late 1995. He led the company to massive revenues. In 1980, the year before Welch became CEO, GE recorded revenues of roughly $26.8 billion. In 2000, the year before he left, the revenues increased to nearly $130 billion. When Jack Welch left GE, the company had gone from a market value of $14 billion to one of more than $410 billion at the end of 2004, making it the most valuable and largest company in the world.
Ever hear of "at will" employment? It's what the law is in most US states, and it means either party can terminate employment for any reasosn, or no reason.
Does it matter? Is the globally-sent rude email ever justified?
Professionals can resist the urge to vent publicly.
And he told the guy the reason they blew him off -- he acted unprofessionally in a previous position. That's a real insight to an applicant's character that is rarely available. They'd bee idiots to ignore it.
Here's a quote from an article, "I came into a company that had at least an extra 100,000, maybe 150,000 extra people. It was the early '80s. We were making television sets in Syracuse, N.Y., and the Japanese were selling them at the mall cheaper than we were making them." Jack Welch: 'I Fell In Love' [cbsnews.com] So, essentially, he made money from failure/
How is it "failure" that he stopped making TVs that were overpriced and fired people who were not adding value? Where I come from that's called "success."
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Don't disparage him -- hell I'd vote for Mr. Obvious. He's apparently got a much better grasp on reality than our president or congress, and even a huge chunk of the populace.
No they won't. Obama and most of congress are beholden to AIG for all those huge compaign contributions they gave. This is payback. Obama/Dodd/Pelosi et. al. are just feigning outrage. They did it all on purpose, and got caught lying about it (See: Chris Dodd) but somehow the honeymoon is still so lovely that the media is giving them a pass and we're all pretending the bad guys are AIG instead of the lying thieving scum we elected.
And to think I, as with many of you, thought "it can't be any worse than Bush" as we cast our vote...
So the US taxpayer is bailing our Europe's banks? Awesome! I feel so much better.
(It bugs me how you and so many others keep claiming that AIG would have "collapsed" without taxpayer bailouts, yet provide zero substantiation. You know Chapter 11 exists, right? And that's what it's for, right? So how is the "controlled dissolution" of Chapter 11 good enough for every company except those who donated big to the political campaigns of those currently in power?)
How is that "problem" alleviated in any way by these bailouts? The execs are still raiding the treasury, while little guys are still getting laid off. Your succumbing to the FUD they use to rob you is the problem.
It's FUD-filled yet utterly unsubstantiated claims like this one that have gotten us into this mess where we're throwing trillions around will-nilly with no oversight. In short, I think you're wrong. I'll offer exactly the same amount of evidence for my claim as you did for yours.
Also, FYI, the US, Japanese, German, and UK economies are #1, #2, #3, and #5. Not #1, #3, #5, and #6
How the hell is this a troll? Does Obama or Geithner have mod points today?
Um, the entire ecosystem of video gaming consoles, games, and peripherals at Sony is losing money, and has been since the PS3 was released. That's his point.
I can't believe I'm posting this, but I believe you mean willy-nilly rather than higgledy-piggledy.
The former means "by compulsion, without choice, in a haphazard or spontaneous manner " while the latter refers to that which is "In utter disorder or confusion, topsy-turvy, jumbled."
It's already possible to convert kindle ebook format to stanza format. Google 'mobipocket conversion DRM'. Currently most easily obtained via private, invite-only communities (such as the first hit in that search) but it'll trickle all over soon enough.
If you use Stanza on the ipod, you can make the font size even bigger than the Kindle's max. Sure you have to turn the page more often, but you wouldn't have to hold it right up to your face.
OK, then why don't you go ahead and explain how US manufacturing could have survived and competed with places like China and Mexico with labor available at 1/10tth the cost?
That would be more interesting and useful than this armchair business management you're doing here.
It's not the act of comparison per se, but the conclusions you're drawing from those comparisons that I have a problem with. I also take issue with the notion that employment is a "system under which a person solicits work from someone in a weaker socioeconomic position."
Companies are made up of people. In mine, for example. the engineers (who technically "work for" the managers) make more money than the managers and are this in a stronger socioeconomic position. They manage us, but we do the work that makes the money for everyone, so they need us.
Perhaps your skill set isn't conducive to such a relationship, or maybe there are a great number of people who could easily replace you. That doesn't have to be the case though.
It's nothing at all like saying that. Are you seriously comparing getting a job at a different employer or purchasing goods from a different store to moving to another country?!
Alternatives may not make your (largely imagined) balance of power disappear, but they do make it irrelevant.
Consider taking responsibility for your own situation. It's not The Man's fault.
"Imagine how greas you looked?" Why didn't you just tell AT&T to pound sand.
You signed up for a line to get DSL, no DSL, no line. Seems trivial.
I don't know about the commie-socialist-liberal bricks in your country, but here in the good ol' USA our bricks don't do anything except be a part of a wall or other structure -- just like god intended!
C? Bah. Assembly or nothing.
Seriously man, both simplicity and complexity can be fun. Anyone who tries to tell you one is better than the other is a poor performer at the other, and is embarrassed about it.
Your point would carry more weight if there were only one employer in each field. Fortunately, that's not the case.
So you're not gonna pay that kind of money for nothing more, fine, but then what did the console do?!
Increasing the value of my company by 60x is the kind of "problem" I'd be proud to be a part of.
If you're suggesting that had GE stayed in the TV business their stock would not have fallen recently (unlike just about every other stock in this depression/recession) then you're pretty ignorant.
Riiiight. Massive failure there.
Not it's not. And most states are "at will" employment, which means either party can terminate employment for any reason, or no reason.
Unless you're dumb enough to write down "I am firing you because you are (black|asian|female|etc.) there is no chance of successful suit.
Ever hear of "at will" employment? It's what the law is in most US states, and it means either party can terminate employment for any reasosn, or no reason.
Does it matter? Is the globally-sent rude email ever justified?
Professionals can resist the urge to vent publicly.
And he told the guy the reason they blew him off -- he acted unprofessionally in a previous position. That's a real insight to an applicant's character that is rarely available. They'd bee idiots to ignore it.
How is it "failure" that he stopped making TVs that were overpriced and fired people who were not adding value? Where I come from that's called "success."