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Boeing workers vote to strike

washingtonpost.com

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Re: Boeing workers vote to strike

#551

Post by marcusverus »

para_parolu wrote: post #352
evilos wrote: post #335

Earlier quoted context omitted.

Can't a law be passed that states prosecutors legally cannot consult or assist in cases or for defendants they were involved with during their tenure as a prosecutor for X years after they leave their position?

Then some friend of Boeing CEO would invest in prosecutor's startup

Or firms could trade hires ("if you hire this person, I'll refer a client to you"). Or they could "persuade" a client's legal dept to hire her ("We're looking for a new partner and we like your experience... On a totally unrelated note, I know a talented young woman who's looking for a job...")

Re: Boeing workers vote to strike

#552

Post by lordfrito »

triceratops wrote: post #527
lordfrito wrote: post #458

Earlier quoted context omitted.

> Ordinary people have to sell assets to take advantage of appreciation Not entirely true.. Ordinary people can take advantage of appreciation of their home value via a standard home equity loan.

No one's talking about houses here. I thought that was obvious. Also rich people get way, way lower interest rates borrowing against their assets than us poors do on HELOCs.

> Ordinary people have to sell assets to take advantage of appreciation

> No one's talking about houses here. I thought that was obvious.

For most ordinary Americans, the largest asset they will ever own is their house. Owning that asset is the essence of the old American Dream. So it seems like your original comment was primarily about housing assets.

Anyone can get a home equity loan to access the appreciation the house might have. They don't pay taxes on the loan, and many people use the money on improvements that further increase at value of the asset. That combined with further asset appreciation and the loan pays for itself when the house is later sold.

Ordinary people can and do do this. The rich just do it at a much larger scale.

Re: Boeing workers vote to strike

#553

Post by ghaff »

animal_spirits wrote: post #480
ghaff wrote: post #175

Earlier quoted context omitted.

The alternative view is that, left to themselves, people don't save enough for retirement and, for better or worse, social security in the US really isn't enough for a comfortable retirement. That said, there are a lot of reasons why traditional defined benefit pensions aren't a good match for a lot of jobs today. I have one (for a non-union job) but it's mostly a positive because I'm sure I never gave it a second th…

This is patronizing and broadly not true for a majority of people. This myth was created during the Great Depression to sell Social Security. Some people do not save for their retirement, but vastly most of us do. Should I be forced to pay for those who waste their money on entertainment and high living?

One of the reasons it's broadly not true in the US is that, between social security and medicare, people are provided for at some level upon retirement based in no small part on their own contributions. I paid into both those pools so I'm not sure why you think that money (along with other savings) constitutes being "forced to pay for those who waste their money on entertainment and high living."

Re: Boeing workers vote to strike

#554

Post by FireBeyond »

WalterBright wrote: post #405
toomuchtodo wrote: post #311

Earlier quoted context omitted.

If 90% of startups fail, why would you think winning wasn't mostly chance? Regardless of how many people work hard and grind, you can still fail (and most do, that's just life). Some are more lucky than others, and capital begets capital. Once you've "won" enough, it becomes much harder to lose, even if you make terrible forward decisions and run off the inertia of past wins (Twitter). Bezos built Amazon, but also ha…

Musk has had 3 huge successes - Paypal, Tesla, SpaceX. Having one such success might be luck. But when it's 3 times, dismissing it as luck is not very credible. The same goes for Steve Jobs. 3 enormous successes. And Bill Gates: 1. dominate 8 bit microcomputer software 2. pivot to 16 bit DOS. 3. pivot to 32 bit Windows. 4. pivot to internet. If you don't think that was a big deal, none of the other microcomputer soft…

> Musk has had 3 huge successes - Paypal

See my other comment just below. PayPal wasn't Musk's idea, it was already created when Musk's company merged with them.

Musk was CEO for FOUR MONTHS only. Before being fired by the board, on his honeymoon. Since then, he had no operational input into PayPal whatsoever.

Re: Boeing workers vote to strike

#556

Post by JackYoustra »

danielheath wrote: post #63
JackYoustra wrote: post #27

Earlier quoted context omitted.

It's kinda fun, right? The whole point of tying executive compensation to share price was to have them have some rough stake in the business, but even that didn't prove enough: there's always a longer term, and doing a visible, clear NPV boost is usually accretive to market cap even if it introduces long-term risk, because the long term risks are usually hidden from public eye and very mushy. Ironically, I think the…

> even that didn't prove enough It did the opposite. Humans respond - on some level - to incentives. Tying compensation to short-term performance creates perverse incentives which make it much harder to accept the idea that your plans might be ruining the company.

There are four year vests, my point is that it’s not long term enough

Re: Boeing workers vote to strike

#557

Post by dghlsakjg »

linguae wrote: post #289
dghlsakjg wrote: post #280

Earlier quoted context omitted.

Lat time I went to an American DMV it was in a small town in Colorado to get a license renewal. I was in and out within 10 minutes. My next license was in Canada. Made an appointment and it was about the same, maybe a bit more to get all the paperwork scanned to convert my US license. The DMV doesn't have to suck. Government services don't have to suck, and a lot of them actually don't. Frequently they suck because t…

In my experience living in California, government services such as the DMV and the post office tend to be more pleasant in small towns compared to in large metro areas. When I lived in San Luis Obispo and in Santa Cruz County, it was generally a smooth experience running errands at government facilities. In fact, I remember people smiling and being friendly in San Luis Obispo. In larger metros such as Sacramento and…

That’s kinda the point.

It’s totally possible, even in America, to have pleasant government services at both the state and the federal level.

Re: Boeing workers vote to strike

#558

Post by lagadu »

beaglesss wrote: post #53
JumpCrisscross wrote: post #47

Earlier quoted context omitted.

> Glad to see these guys out the job and production moving to the Carolinas Here's an idea: let them compete. Seattle versus North Charleston. I quite literally don't know if I agree with your or not, but that's the point--none of you, I or a dickwad in Chicago or D.C. should be making that call unilaterally. The market should. Split them up and return us to the competition that built America's golden age of aviation…

You'll have to break up the FAA first. The certification costs are ungodly, rigid, and the certification process created fascistic interweaving of industry with government. To break the monopoly, counterintuitively, we have to deregulate Boeing.

Airbus seems to be doing just fine, including their final assembly lines in the US.

Re: Boeing workers vote to strike

#559

Post by bravetraveler »

frmersdog wrote: post #322
Al-Khwarizmi wrote: post #243

Earlier quoted context omitted.

Monsanto, Nestlé, J&J, the whole tobacco industry, the companies that made asbestos, talidomide, etc.

So, yes. All have deep ties with government through their regulatory apparatus (some would characterize this as "capture"). Also of note: people might be confused by tobacco's inclusion here if they don't realize that North America was essentially settled as a tobacco agribusiness (Spanish gold-hunting and death-trap religious colonies notwithstanding). Tobacco's role in shaping America's socioeconomic nature is mass…

Take a nice drive through the Midwest/south, you'll see all kinds of branded barns used for drying tobacco... assuming they're still standing

I say this more to reminisce than anything. It used the big industry, not anymore. People either adapted or they didn't. Kentucky and Ohio for example used the be Big Tobacco. Now, in large parts - nothing.

Re: Boeing workers vote to strike

#560

Post by anticensor »

windexh8er wrote: post #158
csomar wrote: post #84

Earlier quoted context omitted.

[dead]

And we found the Jack Welch understudy comment here. The only thing that's delusional is how backwards this comment is with respect to the customer. While, yes, Boeing has different buyers than most organizations we can see things like tertiary customers being affected by Boeing's "health" in terms of the quality of it's products. And by that I mean the 737 MAX scandal. Shareholders shouldn't be afforded to drive the…

> Shareholders shouldn't be afforded to drive the direction of the company

Unless they participate in said work themselves...

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