The second Obama term
Re: The second Obama term
There's also the problem that as companies get large they tend to collect idiots in larger and larger quantities. It starts with just a few, but once they infiltrate management then those few start to snowball because they're much more likely to hire other idiots.
"ATTENTION: Customers browsing porn must hold magazines with both hands at all times!"
Re: The second Obama term
The pool of good people is finite, and these people are usually already employed, even in a bad economy. Obviously people who interview well are still going to get in. It doesn't make my observation ncorrect, which is it is easy for good people to find work, and just got slightly harder for those with no motivation.
"Be bold, and mighty forces will come to your aid."
Re: The second Obama term
Yeah, fucktards idiots are often rich. Can't believe how easy it is for stupid people to make money. They never have to work hard or think or persuade people.
It's not me, it's someone else.
Re: The second Obama term
Fucktards aren't often rich, but the rich are often fucktards. My theory is excessive cash makes people stupid and lazy.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Re: The second Obama term
No, it makes people fiscally conservative and individualistic. They want to get richer and they don't want to risk, now that they actually have something to risk. They avoid outspoken personalities that don't fall in line with theirs, because docile team players are less headache to manage even though they underachieve. Perfectly natural.Malcolm wrote:Fucktards aren't often rich, but the rich are often fucktards. My theory is excessive cash makes people stupid and lazy.
There's actually legal precedent in America that requires a CEO be a money-seeking homunculus rather than a human being: Dodge v. Ford.
We're Back: A Dinosaur's Story
Re: The second Obama term
Managers must pursue the best interested of shareholders. That's just obvious.
It's not me, it's someone else.
Re: The second Obama term
But the problem is that 'best interest' is universally interpreted as 'short-term profits' and never 'laying the roads for a robust future economy in all sectors including ours'.TheCatt wrote:Managers must pursue the best interested of shareholders. That's just obvious.
We're Back: A Dinosaur's Story
Re: The second Obama term
That's how industry leaders get their asses kicked.They want to get richer and they don't want to risk, now that they actually have something to risk. They avoid outspoken personalities that don't fall in line with theirs, because docile team players are less headache to manage even though they underachieve.
That would certainly explain all the corporate scandals at major Fortune 500 companies that make the news. Nothing says "best interests of the shareholders" like "innumerable class action lawsuits from hell for several years."Managers must pursue the best interested of shareholders. That's just obvious.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Re: The second Obama term
The internet is officially not in U.S. control.
https://www.cnet.com/news/us-internet-c ... s-numbers/
https://www.cnet.com/news/us-internet-c ... s-numbers/
"Be bold, and mighty forces will come to your aid."
Re: The second Obama term
Cost-benefit analysis. Lawsuits that are more expensive than prevention are prevented. Lawsuits that are less expensive take the place of prevention.Malcolm wrote:That's how industry leaders get their asses kicked.They want to get richer and they don't want to risk, now that they actually have something to risk. They avoid outspoken personalities that don't fall in line with theirs, because docile team players are less headache to manage even though they underachieve.
That would certainly explain all the corporate scandals at major Fortune 500 companies that make the news. Nothing says "best interests of the shareholders" like "innumerable class action lawsuits from hell for several years."Managers must pursue the best interested of shareholders. That's just obvious.
Capitalism, baby.
We're Back: A Dinosaur's Story
Re: The second Obama term
Wait, people make mistakes or do dumb things? The HELL you say! That being said, it's not like the cost of litigation is that high, relative to profits.Malcolm wrote: That would certainly explain all the corporate scandals at major Fortune 500 companies that make the news. Nothing says "best interests of the shareholders" like "innumerable class action lawsuits from hell for several years."
It's not me, it's someone else.
Re: The second Obama term
The elite, chosen/proven leaders of these corps seem to be just as idiotic as an average moron. But your average moron only has enough cash to do average size stupid things. Rich morons can do big, stupid things.TheCatt wrote:Wait, people make mistakes or do dumb things? The HELL you say! That being said, it's not like the cost of litigation is that high, relative to profits.Malcolm wrote: That would certainly explain all the corporate scandals at major Fortune 500 companies that make the news. Nothing says "best interests of the shareholders" like "innumerable class action lawsuits from hell for several years."
I think that people have individual tolerances for the amount of cash or resources they can manage properly, just like they have for how much booze they can drink before they get wasted. People who understand that shit best use it as fuel or a tool. I'd put Warren Buffet in that class. Dude knows how to manage his assets, whatever they are, and his investments tend to be decent. Then there are people who use wealth like a suit of armour or cocoon (think J.D. Salinger or Howard Hughes in his later years). We also have people who frivolously piss it all away because using it intelligently is h4rd. I'd argue the vast majority of humans fall into that last category and the filters on executive corporate positions don't seem to be keeping the fucktards out.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Re: The second Obama term
Bait, meet switch.
In short, some of those signing bonuses ended up being stolen or otherwise disappeared and the difference is made up by...Revelations about fraud and mismanagement in the Pentagon's retention program emerged after the program's budget swelled between 2000 and 2008 — when the Defense Department went from spending $891 million for selective reenlistment bonuses to spending $1.4 billion on them, according to a 2010 research paper by the RAND defense institute. By the end of that period, the military was also spending $625 million yearly to pay enlistment bonuses.
But after dozens of auditors reviewed its system that had paid soldiers bonuses without determining their eligibility, the California National Guard's veterans started getting repayment notices.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
Re: The second Obama term
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Re: The second Obama term
I found this meaningless little news item hidden on MSN's front page way off to the side.
Obamacare premiums doubling.
Obamacare premiums doubling.
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Re: The second Obama term
What are they, racist?
"Be bold, and mighty forces will come to your aid."
Re: The second Obama term
Leisher wrote:I found this meaningless little news item hidden on MSN's front page way off to the side.
Obamacare premiums doubling.
That's not doubling. That's double-digit.Before taxpayer-provided subsidies, premiums for a midlevel benchmark plan will increase an average of 25 percent across the 39 states served by the federally run online market, according to a report from the Department of Health and Human Services. Some states will see much bigger jumps, others less.
It's not me, it's someone else.
Re: The second Obama term
Hasn;t rates been rising almost since the inception? I would be surprised if premiums haven't doubled on average since implementation.
"... and then I was forced to walk the Trail of Tears." - Elizabeth Warren
Re: The second Obama term
It's also down to one insurer, whatever that means for the long term?
“Every record been destroyed or falsified, books rewritten, pictures repainted, statues, street building renamed, every date altered. The process is continuing day by day. History stops. Nothing exists except endless present in which the Party is right.”
Re: The second Obama term
Eventually... single payer.Leisher wrote:It's also down to one insurer, whatever that means for the long term?
"... and then I was forced to walk the Trail of Tears." - Elizabeth Warren