Comment Re:Wow! (Score 1) 111
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Just to clarify here, by "... that turd of a company", are you referring to Boeing?
If you ain't going, then you will be boing.
In that case Ford would start poaching from neighboring companies for a smaller pay hike, rather than rehiring. What the workers can collectively negotiate for is to pay the salaries they would have received for the layoff period, a modest hike and some sort of guarantees. Ford for its part is not going to send a rehire letter to them all, even if it has to hire most of them, to keep them divided.
And of course, once rehired, some of them will start throwing "measured" spanners into the works.
US is a country of immigrants. People from various other countries have been moving to US. Of course, they are moving to US because it offers them better quality of life, better wages. But why aren't Americans moving to other countries as much? I know some go to Mexico for retirement. But there are so many options. The quality of life in some of the other cheaper countries isn't all that bad. Sometime its just peace of mind, not living under the burden of debt. If one cannot make ends meet in the US, then emigrate to another country where your dollars are worth much more. Where your skill can help you find a better job. In some of the countries, being an English speaking American itself is a big skill on your resume. Squeeze every penny here while you have a job, save and move somewhere better.
That's enlightning
Yeah! Those bloody excavators took my great grandfather's job away. He was a trench digger, and was an absolute star at it. Railroad steam engines killed his father's job. He used to haul people between major cities in horse wagons. Industrial revolution should have been banned by George III, before Mr. James Watt was born. We wouldn't have had FANUC making these brainless "arms" with no torsos.
New AI will train on old AI created slop. And the pattern repeats ad infinitum. Until all is slop. BTW, that means TT is ahead of YT in the slop race.
Buying an existing company is not going to bring the prices down. The supply remains the same. And spending $1T for memory is crazy. Instead like the MP said, "They could build a memory fab of their own from petty cash if they actually wanted to... "
they had about $35B in cash.
They also have Marketable securities worth $18.763 billion and stuff. And long-term assets. But then they also have current and long-term liabilities. The difference between total assets and liabilities, ignoring PPE, comes to about $24 billion. Their income after tax for the financial year was $112.010 billion. So where did all that money go?
"Common stock repurchased" $90.052 billion and $15.413 billion in dividends.
Turns out, the bulk of the profits are going into stock repurchase programs.
For every 1 person I know, who knows that a thing called an ad blocker exists, I know 10 others who haven't heard of a thing called ad blocker. Consumer ignorance is what helps monopolies thrive. Google and every other capitalism hating corporate entity is betting on consumer ignorance.
Yes. Less in-person interaction does not mean no interaction at all. You don't have to be all over your partner(s) all the time to result in a childbirth. The man just has to save on some rubber use a couple of times, that's all. The real reason is lack of intent. Not iPhone or Spotify or PlayStation.
To be sure, we are worried that the world population/US population's rate of acceleration in growth is reducing. The population isn't reducing, it continues to increase. World population in 1800 was 1 billion and in 1900 was 1.6 billion. Today, after 126 years, the world population stands at 8.5 billion. That's ~5x increase. Are we very worried that we won't touch 85 billion (another 5x increase) in the next 126 years?
God (or whichever entity/non-entity they revere) bless the Chinese. They have definitely had a huge positive impact on the world with their manufacturing. Many life improving things wouldn't have been in the hands of the poor without them. Of course, I am aware of the labor conditions, human rights issues and all of that. I hope they mend all of that and become a Great Country, that they were, once again.
This repeat story has been pulled off from the front page now. Adrepeatum.
E Pluribus Unix