Re: High wages can be lowered
"This isn't about doing some dishonest property deal, your actions threaten people all over the planet."
And Chapter 11 doesn't work at national level.
40432 publicly visible posts • joined 16 Jun 2014
"Waltz built the entire [National Security Council] communications process on Signal,"
Apparently the NSA approved Signal as a secure communications channel to use on phones based on its technical merits. The problem wasn't building the communications process on Signal, it was basing it on phones. What the NSA should have done, if they wanted security, was to confiscate the phones.
"The fact that Microsoft primarily sells software and services rather than hardware did not shield it from losing $165 billion in market value last week."
Windows is bundled with H/W so tariffs on H/W are also on the bundled S/W and the latter is also the mechanism for signing up more punters to Microsoft services. Like any other US business it's also going to cost them on the imports they need to build all those data centres. Maybe the back-pedalling on data centre leases wasn't just lack of confidence in AI, it was also anticipation that they were going to cost more to build.
I suppose I've retired twice on account of manglement.
The first was one of those occasional [de]motivations courses to which corporates fall prey but on steroids. AFAICS it was essentially run to motivate two very senior manglers by spending their days having their egos stroked by pontificating from a large platform to a large hall of underlings, the whole being MCed by a TV presenter who had the grace to appear slightly embarrassed by his part in the proceedings. I'm afraid I doubly failed, first to suspend disbelief and secondly to conceal disgust and it was the latter that didn't get unnoticed. I was offered a good retirement package and went on to spend another decade freelancing.
The second was on my last, quite long-running freelance gig. They offered me the permie job of development manage or some such title, probably not realising how close I was to their mandatory retirement age, not that I was interested anyway. Eventually they recruited someone chronically unable to make a decision. The last straw came for me when he spent the day before he was going to go on holiday vacillating about allocating tasks. By the end of the afternoon he'd finally come to a set of decisions - until a message in the evening that he'd changed his mind again and reallocated stuff. I decided that this was something up with which I could no longer put. I phoned in next day off sick with stress and announced that once my work on the main project was finished I'd be retiring and closing my business. As so often seems to be the case in these stories, I believe he left not long after and the business itself went a while after that.
Assuming it was the case (and it was the time when IBM was a force to be reckoned with) the situation described in TMMM sounds ideal. Management and engineering had parallel ladders. Someone could be promoted into management but if it turned out it wasn't for them they could move back into engineering without it being a demotion because there was an equivalent engineering grade. The problem arises when management is et above all the the other areas so is the only way to promote someone. It makes as much sense promoting someone from, say accounts, to be a manager as promoting them to be a chemist.
Had a contract to set up S/W on my client's client site. My client specified suit. It was the middle of a heat wave (yes, in England; it happens). So there I am on the client's client site in a suit getting baggier by the second talking to client's client's manager overdressed in T-shirt, shorts & sandals. Just as well most of my time I could get into the machine room. It would have been a happier gig if my client's team had been able to provide better written S/W.
There's the opposite of this. We had some young lady briefly attached to our team. She was some sort of high-flier being rotated from team to team. Pleasant enough person for a high flier but with no skills relevant to us. I had to invent some sort of task for her. Fortunately she moved on after a few weeks to fly higher elsewhere - I think possibly because her husband relocated elsewhere but frankly I never found out why she was even employed in the business for the few months she was there.
To continue with the car theme. There seems to be a further complaint that too many foreign cars are being imported into the US. Perhaps the US manufacturers are not only failing to produce the sort of cars that sell in other countries, there're also failing to supply some of the sorts of car that would sell in their own country.
When Harris was asked what she would change in her govt during the election cycle and she responded “Nothing”, I thought, oh s**t , are we totally and properly screwed !!
So Trump arrived, changed lots and now you really are screwed. Did you want people to invest in the US? The one thing that puts off potential investors is instability. Offering to change nothing was the sensible answer.
Ultimately stuff which is made cheap, imported and sold dear isn't going to suffer. They can cut down their profit a bit or maybe cut down on advertising to get some of it back. Raw materials are a different matter, particularly if they're going into products intended for export because then the US is effectively levying tariffs against its own exports. And the suppliers are likely to tell the customers to pay up in advance in a currency they can trust.
I suppose the McDonald Islands is due to the sales of McDonald's in the US means there must be excessive imports coming from there.
More seriously, I wonder if the source of some of the oddities isn't due to careless data input (Norfolk Island coming from a drop-down list?) but deliberate false declaration as some sort of duty fiddle.
" He can (and almost certainly has) turn his shareholdings into actual cash by using those shares as collateral for loans from banks."
How many shares would a bank accept as collateral before it became too much of a risk? They couldn't liquidate them without reducing their value.
"I would never advocate pulling up the ladder behind me. But turns out that's what my generation did. Nasty bastards."
I think the ladder pulling was a multi-genrational thing. Labour in the 70s, pulled up the grammar school ladder behind them.
Blair, deciding that half the population needed degrees (where were all the degree-needing jobs to come from) expanded the universities but needed student loans to pay for it, hence another ladder pulled up. It was obvious, at least to me, at the time that they were taxing the future in so many ways.
"There are commentards (I think we know who they are) who have a hatelist whereby every time they see a post by another commentard against whom they have a grudge, they downvote regardless of content or common sense."
Basically, you point out something that was so wrong they can't refute it. If they have a personality that doesn't allow them to move on all they can do is downvote everything else you said. Everyone of their downvotes tells you you were right on some post. As I've said before, cherish your downvotes.