Rahm Emanuel said “You never want a serious crisis to go to waste. And what I mean by that [is] it’s an opportunity to do things that you think you could not before.”
Rahm Emanuel said “You never want a serious crisis to go to waste. And what I mean by that [is] it’s an opportunity to do things that you think you could not before.”
“Economic costs never outweigh lives” That statement is patently false and strictly used to try to provoke guilt.
At some point Corona will become part of the normal background level of deaths like the flu. Then things will return to “normal”, whatever that is. Once all the vulnerable people die off or they have an effective vaccine, we’ll just move on.
I’m in northern VA, I stopped into my normal gas station for soda this morning and I was the only one out of maybe 20 people wearing a mask. Seems like people are becoming complacent about corona.
I think it’s funny your idea of a smart person is a college professor.
regular
It’s easy to think this is just because of the covid-19 outbreak and the restriction on travel, but don’t forget that this is the company that ignored critical issues with the 737 Max aircraft that crashed twice and has since been grounded just before all this other stuff happened.
3rd gear - Boeing spent ~45 Billion on stonk buybacks in the last 10 years. I am sure that the rentier class has enjoyed that while the workers get the shaft. The same as it ever was.
Dude! You are soooo METAL!
Ref. Neutral: This past weekend a very mechanically inclined 17 year old with nimble fingers helped me install LED taillights on my 1932 Chevrolet. I provided the know how. The job was a total success. It also caused me to introduce “Mike” to a shop owner who listened to both of us, and ultimately hired “Mike” to be a…
In MBA school they teach you that money sitting around for a rainy day is a wasted revenue or growth opportunity for the shareholders. In their world every investment hits and current trends extend forever. And so this is what you get. CEOs only have to keep the balls up in the air for 5 years to vest all their stock…
I mean you are correct in a universe where corporations take the advice that is given to us normals (which is keep an emergency fund on hand). But that is not how corps work except for a few tech companies that spin off more cash than they know what to do with.
Let’s be honest.... they’re both groups made up of millionaires. Anyone ousted from either job is going to be A-Ok. It ain’t THAT big a loss.
Neutral: I’m BORED. Lockdown here in California is easing, but I’m not going out yet. Going to let everyone else test the waters. Not to mention everywhere is going to be so packed its going to be annoying to try and go anywhere. So I’m chillin until I start my new job next week.
“...his gnarly crash earlier this year in Mexico when rear racing was still happening, I think there is reason for serious concern about his future in the series.”
Let me think... what else do the 54 sim racers in my league do on the weekends?
I know whenever I’m not taking something seriously, I totally hire a ringer to help me win.
Denial denial denial. This is just one of MANY many dominoes to fall. I really am amazed at how delusion americans are being. We are at the beginning of a full blown world Depression. Nothing is coming back to normal. Auto industry is in trouble as are most.
A friend of mine who works in finance described the situation to me thusly: a company can take on debt (even if they don’t actually need it) and use that money for general business expenses. These include things like paying dividends to investors. Because debt has certain tax advantages, they can make a savings on…