If this sh*t “company” is doing such a great job, why do they require taxpayer dollars to keep their doors open?
Prof. Emanuel Sachs, 1366 Technology’s Chief Technical Officer, to the US Congress: “By 2020 we’re talking trillions of dollars in total revenue."
Hmm. Well, you heard it here first. Trillions in revenue. Why do I find myself fingering my wallett to make sure it's still there?
This damn place is a start up, they have no factory, rub your butts you have just been had again.
I wonder if Vegas is making odds and taking bets??
Even without the help of fraud, central planning can’t work, at least when the beneficiary of taxpayer money is a company with a developing technology. Such a company has to be able to turn on a dime when confronted with sudden realities. They must react quickly either to new opportunities, or to disappointing developments, like the fact that a planned on technology has suddenly become outmoded or uneconomical. That’s why the great Silicon Valley companies like Apple and HP started up with a couple of guys in ramshackle surroundings.
Here’s quote from “Parkinson’s Law” from the 1950’s.
“Examples abound of new institutions coming into existence with a full complement of of deputy directors, consultants, and executives, all these coming together in a building specially designed for their purpose. And experience proves that such an institution will die. ..................... When we see an example of such planning- for example when we are confronted by the building for the United Nations- the experts among us shake their heads sadly, draw a sheet over the corps, and tiptoe quietly into the open air.”
Cut the check! This is different! New! Solar! Green! new..sol..gr new
The list, ping
Let me know if you would like to be on or off the ping list
What is 70 min wage jobs, when 43,000 are losing their high paid jobs when 0’care goes into effect probably more, that is the ball park figure from the medical equipment makers.
Or today when Kroger’s bought out Schnucks here in Memphis, those who had been with the company for years have to reapply at beginners wages, and loss of seniority.
Or a few days ago when a factory in a neighboring state went up in flames and a 100 or so good paying jobs were lost.
0 can’t turn this economy he destroyed around in 16 months, no matter if he put a trillion $ into the economy, it would all go to union workers, to be funneled into DNC coffers, to get his sorry A re-elected.
I lived through Carter, and Carter was a piker compared to this MARXIST!