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Gen X stymied by baby boomers hanging on to jobs
Cleveland Dot Com ^ | Saturday, September 17, 2011, 11:06 PM | clevelanddotcom

Posted on 09/18/2011 2:04:40 PM PDT by the invisib1e hand

NEW YORK -- In Tiffany Spaulding's 12 years in the pharmaceutical industry, she has worked for three companies, two of which no longer exist, and relocated to four states.

Now 39 and living in Brookfield, Conn., she hasn't had a promotion in five years and says she sees no chance to advance, stuck behind a wall of baby boomers. She would quit and turn her hobby of jewelry design into a business, she says, if not for the home and school loans that eat up half her salary.

Spaulding, according to a new report, is a typical member of the relatively small group called Generation X, 46 million Americans born between 1965 and 1978: They're ambitious, squeezed by debt and frustrated by people who aren't retiring on schedule. More than a third hope to leave their jobs in three years, a survey of more than 1,100 members of Generation X by the Center for Work-Life Policy found.


TOPICS: Business/Economy; Conspiracy
KEYWORDS: 30somethings; babyboomers; cry; fat; genx; jobs; lazy; moan; obese; piss; wahaha; whine
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To: Free Vulcan; grey_whiskers

In other words, his mommy flashed the basement light which means he has five minutes to put his jammies on and go to bed.


241 posted on 09/18/2011 8:46:56 PM PDT by Eaker ("If someone misquotes you, it's because they know you're right.")
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To: Porterville

That makes no sense at all...study history.

How many liberal baby boomers do you think post at FR?

There was a movie when I was a teen, not for sure, but I think the name was “Wild In The Streets”.

All the teens decided anyone over 30 would be killed or locked up to the best of my recollection.

Sure hope you aren’t over 30.


242 posted on 09/18/2011 8:47:02 PM PDT by berdie
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To: the invisib1e hand

Tiffany Spaulding
Tiffany Spaulding Designs
Connecticut

New interests skiing, hiking with my dog, just about anything outside

New relationship status Single

243 posted on 09/18/2011 8:49:20 PM PDT by kcvl
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To: Eaker

SCORE!!


244 posted on 09/18/2011 8:51:17 PM PDT by berdie
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To: the invisib1e hand

Tiffany Spaulding is Associate Director, Sales Analysis and Reporting of Boehringer Ingelheim Corporation.

Tiffany Spaulding
Company: Boehringer Ingelheim Corporation
Executive title(s):
Associate Director;
Sales Analysis and Reporting;

State: Connecticut
Industry: Biotechnology and Drugs

******

TIFFANY SPAULDING DESIGNS LLC

3 BALDWIN HILL RD
Brookfield, Connecticut 06804
USA
Website: No information provided.
Classification:

Contact:TIFFANY SPAULDING, PRINCIPAL
State of Incorporation: CT
Est. Total Employees: 1
Est. Years in Business: 4
Est. Total Sales: $82,000


245 posted on 09/18/2011 8:58:24 PM PDT by kcvl
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To: Blue Ink

I’m sure there are some good X’ers out there, probably lots of them. I know there are some bad Boomers, probably lots of them. In fact, the world’s Greatest Generation raised some of the world’s lousiest kids and grand kids. There are some late 20 somethings that hold promise. Not sure what label has been put on them. Most of them are from multi-phase broken homes, see the effect it has had and are just plain fed up with the consequences.

I have a much younger brother that is an X’er from ‘67. You would think he was raised by Gypsies because he is almost nothing like my sis and I. Old people seem to be just a nuisance to him and he doesn’t seem to think about what happens when the shoe is on the other foot.

I’ll have to agree here though. The X’ers I work with have... problems. Problems with:

1. Accountability. Every thing that is bad is somebody else fault or some thing. You will seldom if ever hear one say, “I screwed up, I’ll fix it.”
2. Direction, they resent it and ignore it if they don’t like it. They seem to think they know it all and what they don’t know, they make up and don’t seem to care much about he consequences of an error.
3. If they don’t like the direction they don’t say so, they just ignore it.
4. They will drop everything for personal gratification
5. They seem to be pretty self centric
6. When their world goes wrong they lock up
7. Need is a one-way street... as in, “I’ll communicate with you when I need something.”
8. An apology from them is a hardly ever thing. See #1
9. Smart enough but their education in problem solving is not just lacking... it is not present.


246 posted on 09/18/2011 9:09:55 PM PDT by Sequoyah101 (Half the people are below average.)
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To: Free Vulcan; Eaker
So are you saying that it’s similar to correctly calculating the future values of the delta, gamma and vega of an option over the distance of the move while subtracting the theta over the given time of the move, while making sure skew and kurtosis doesn’t screw you on the implied volatility to correctly estimate it’s value at the end of the move?

No, I'm not. Because you haven't defined the time period you're playing with, nor how close to expiry you like to get when making your bets.

...and for that matter, you haven't even defined what commodities you're hedging; let alone the size of your positions.

Seems to me Black-Scholes got LTCM in trouble; make sure you haven't bit off more than you can chew (i.e. if you'd already *made* your killing you wouldn't be babbling about having to keep up with developments or risk getting fired; and B-S options theory is hardly "new").

Gee, I can do math too.

If you could do math, you'd add the numbers for your 80-90 hours per week for 10 years to figure out your average hourly rate for all the trading.

Hope it's been worth it.

The difference between you guys and me is that I’m not threatened by younger people, I embrace them and teach them what I know and tell them to build on it.

Which is no doubt why you keep shouting at Eaker that you'd learn and take his job: because you are SO successful at Black-Scholes that you no longer need to work?

Myself, I'm not threatened by younger people. I get annoyed by poseurs on FR.

And that applies to generational threads as well as Perrywinkles.

Because the older I get, the more I realize the less I know, and that with every tick of the clock I become more of a relic each and every day. Anybody truly in the game feels the same clock ticking.

Which no doubt is why you *attempted* to goad us, it's a way of trying to convince yourself of your own relevance and virility.

Here's a clue: Not everyone is motivated by the same things. And not everyone measures themselves by whether they are "in the game" : for those who don't play, it's called the rat race. I've seen enough to know, the things that matter in life are your relation to Christ, and your relations with family. Think of Ty Cobb on his deathbed, kissing his certificates for $12 million in Coca-Cola stock.

You can't take it with you: so don't try so hard to get it.

Nice chatting with you boys, I needed some light work before bed to get my mind sharp for the market open tomorrow. Thanks for being my pawns.

I'll have forgotten about you within ten minutes. But that doesn't let you off from making sure the rest of YOUR life is in order.

Cheers!

247 posted on 09/18/2011 9:11:24 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: the invisib1e hand

Hey Tiffany, start your own business. No boomers there in you way to advancement.


248 posted on 09/18/2011 9:15:04 PM PDT by Chaguito
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To: Eaker

Yep....

With me, 2 outta 3 ain’t bad. Guess which one of the 3 is the least appreciative? I blame that NOT on the generation....but the liberalism.


249 posted on 09/18/2011 9:16:20 PM PDT by Brad’s Gramma (Mr B has a new cousin on the way!)
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To: Eaker; berdie

Ditto!

I try to give them some reign but when I do most of them screw it up.

They often times grossly confuse energetic activity with progress. Flailing the air comes to mind.

Going slow, making a strategic plan with a few options and then executing it tactically while remaining focused on the strategic objective seems to be an unlearned skill or aptitude.

One other question that seems to have missed their tool box is: WHY? As in, Why are we doing this? What is the objective?


250 posted on 09/18/2011 9:19:25 PM PDT by Sequoyah101 (Half the people are below average.)
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To: berdie

You are SO right. The love started the day the doc said I was going to have a baby......


251 posted on 09/18/2011 9:19:25 PM PDT by Brad’s Gramma (Mr B has a new cousin on the way!)
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To: eyedigress

Why THANK you.....IF, of course, our canes and walkers can be carried up to the tree stand.

Kidding. ;)


252 posted on 09/18/2011 9:22:06 PM PDT by Brad’s Gramma (Mr B has a new cousin on the way!)
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To: eyedigress; Eaker

Think we are going to see a shift in the jet that will bring some rain to Texas?

It is drier than a popcorn fart around here. I sawed some timber the other day that was almost kiln dry in the tops of what were supposed to be live trees the day before.


253 posted on 09/18/2011 9:35:26 PM PDT by Sequoyah101 (Half the people are below average.)
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To: bannie

Baby boomers created the need for school loans to attend college. They have rund the country for deacdes. Have you checked the cost of college nowadays? I am a late boomer (1961)by the way.

While I agree that that much debt is bad, remember the person here had to have 8 years in a field that normally pays well. Also she is 39, not 29, so we are not talking about a young whiner. And not being able to move up due to older employees not retiring is a problem. After 10 years, anyone would expect a little movement.

I am not advocating killing off older folks as I am getting there myself, but to pretend it is just whining by kids misses the fact that people are staying on their jobs longer and it creates problems in the workplace.


254 posted on 09/18/2011 10:17:06 PM PDT by packrat35 (America is rapidly becoming a police state that East Germany could be proud of!)
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To: LibertarianLiz

“Well, if most of them (I’m guessing) hadn’t voted for Zero, maybe things wouldn’t be this bad”

Boomers split 48-48 for Obama.

Mayber if Boomers had an ounce of sense things wouldn’t be so bad either.


255 posted on 09/18/2011 11:14:22 PM PDT by BenKenobi (Honkeys for Herman! “10 percent is enough for God; 9 percent is enough for government")
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To: cherry

“you would think the older generations would try to inspire and educate instead of deride....”

Easier to deride then to do something constructive.

I don’t have a problem with boomer folks working as long as they want. I do have a problem with boomer folks voting in their goody train, and raising taxes on us younguns killing our jobs, and restricting us.


256 posted on 09/18/2011 11:17:13 PM PDT by BenKenobi (Honkeys for Herman! “10 percent is enough for God; 9 percent is enough for government")
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To: grey_whiskers

Nonsense. Let me spin a tale for you.

Out of wedlock births 1950. 4 percent.

That means that 96 percent of Boomers had a mom and a dad to come home to.

We’ll call that ‘before boomer’

Now, let’s look at how the Boomers fared in passing those same ideals on to their children.

1980 20 percent of all children were born to unwed moms.

That’s a jump of 16 percent.

So let me ask you ‘slackers’. How many of you dudes got a gal preggers and didn’t marry her? Walked out on your family rather then raise them and leave the mom to fend for herself.

I was fortunate enough to have a mom and a dad, but not everyone else was fortunate enough to have the advantages that the Boomers spurned and rebelled against in their own life.

Now? The peak was in 1994 at 33 percent. One in three kids these days grow up with unmarried parents.

What used to be one in 20 is now one in 3. What are you going to tell the kids today, boomers, when you dispose sage advice that ‘some things are unplanned’.

No shit sherlock.

Wanna know something funny? Who do you think is raising the kids from 1994 onwards? Hint, it ain’t the boomers. The rate isn’t climbing year after year anymore. Somebody’s finally stepped up and said, I’m going to take responsibility for my daughter, and my child, even though my dad didn’t do that for me.

Maybe 50 years from now we’ll be able to get back to the 50s when that rate was 5 percent again, but that means convincing kids who know nothing but a broken home, that this is how things ought to be.

Good luck, sir, and thanks for the ‘change’. Society used to be awesome, now it sucks and boomers would have you believe that it’s not their fault.


257 posted on 09/18/2011 11:32:16 PM PDT by BenKenobi (Honkeys for Herman! “10 percent is enough for God; 9 percent is enough for government")
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To: BenKenobi
I'll reply tonight.

Cheers!

258 posted on 09/19/2011 3:53:25 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers; Eaker; berdie
This is like watching a bizarro drunken retard Three Stooges exercise in self-congratulatory mental masturbation. Eaker's like a pull-string doll shouting out something about my momma and her basement, skinning chickens, and everyone's a punk fixated on his ass, grey_whiskers pretending to be a master of all trades while he talks out of both sides of his mouth, and berdie going 'high five!' every few minutes.

You guys can't keep your story straight. First I'm a worthless punk know-nothing slacker who lives in his momma's basement and hasn't done an honest days work in my life, next I worked TOO MANY hours to become successful and am a worthless punk-ass poseur who's motivated by the wrong things because I worked TOO hard.

Absolute, quintessential baby-boomer. Come out shooting your mouth off about how nobody knows how to do anything, then when somebody pipes up that actually knows something you move the goal posts and tell them they got their priorities wrong. That just highlights the delusional mental integrity issues of that generation.

Grey_whiskers - seriously, did you type in options on Google so you could pretend to be an expert? Sure seems that way by the number of times you said 'Black-Scholes' to show how smart you are. This perfectly illustrates the egotistical penis-waving boomer and why the world is so tired of their know-it-all peter pan attitude.

No, I'm not. Because you haven't defined the time period you're playing with, nor how close to expiry you like to get when making your bets. ...and for that matter, you haven't even defined what commodities you're hedging; let alone the size of your positions.

If you knew what you talking about instead of trying to be a google expert, you'd realize that it's an asinine statement. How close I get to expiry is already defined by theta, I know the time decay value. What I'm trying to determine is whether the size and speed of the move will overcome that.

Which is why I also mentioned skew and kurtosis, because I'm not talking about hedging, I'm talking about buying open puts and calls. Which if you knew anything about what you were talking about, you would have known what I was talking about and never said anything about hedging. You also have to factor the change in the implied volatility over the move to know if you are going to make a profit, in addition to the theta and delta/gamma. All this was outlined in the excellent works of DeMark and Natenburg who pioneered day trading open options, something you won't find on google.

You guys are like another glorious icon of your generation - Al Gore. Say anything, even if it contradicts what you said 5 minutes before, because who cares about your integrity as long as you 'win' the argument. Jesus walks on water? Well Jesus can't swim! He ain't got nothin' on me, cuz he ain't no baby boomer!

Now I know why your parents generation thought you guys were a bunch of spoiled, over-educated punks.

259 posted on 09/19/2011 6:57:46 AM PDT by Free Vulcan (Vote Republican! You can vote Democrat when you're dead.)
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To: BenKenobi

You won’t get an argument from me on that one. I have a seriously low opinion of my generation (baby boomers).


260 posted on 09/19/2011 7:46:17 AM PDT by LibertarianLiz
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