Posted on 04/08/2005 11:00:44 AM PDT by churchillbuff
Not as easy as you'd think. I spent 25 years in IT, finally concluded it's second career time (yep, health care).
To get thru school I've applied for menial and clerical and retail jobs. Employers are wary of 50 year olds with degrees and IT experience seeking a nearly minimum wage job. How many times did I hear "... you have all this computer experience... why do you want THIS job?"
You guys did fine when you were in charge. It's the finance guys that have run things into the ground. Their propensity for the short-term and quick fixes are at the root of a lot of what's wrong in Corporate America today.
Yer silly. There's IT jobs going begging if you have the right skills. Big bucks, too.
We suck.
We already are. I trudged from my mud-and-thatch hut the other day, down my rutted muddy dirt road, to pick up used brass from the nearby battlefield, so I could get mom a crust of moldy bread. I hate seeing her lying there in the sun with swarms of flies all over her.
Even my Indian co-worker, who is a naturalized American, hasn't lost the blame-shifting reflex. I learned, for next time, not to release a component to him without babysitting it all the way in, lest he try and blame my perfectly-working component next time.
Environmental rules had a lot to do with shutting down US chip manufacturere over CFCs. No such hindrances abroad, iirc.
33.5? Sheesh! That would be a vacation! I average 48 hours a week, and I only work 210 days per year. (But then, I'm a consultant, and get paid a day rate....)
Did I say there were NO IT jobs in the U.S.? Read carefully next time. I was commenting upon applying for jobs while in school for a career change. In my state the industry has not recovered yet. I've had offers to move several states away. I elect not to; I'd rather change careers. 25 years is enough, anyway.
Yes.
And I, for one, am sick of your continued hyperbole.
LOL
GM, et al, used to make money on every single transaction--from the original car through parts, and financing.
Now GM loses on the cars, its (former) parts-biz loses on the parts, and GM makes money only on its financing. In the car-finance portion, a noticeable percentage of their loans are "upside-down" after 4 years of a 5-year agreement.
Worse, GM is now exposed to a possible deflation in housing values through its DiTech subsidiary. If housing deflates by as little as 10%, GM is toast.
Pretty soon we won't have logging, either--the Greenies are closing it down, state by state.
Well, 33.5 is the average...I do consulting, too; when I'm on, it's 12 hours/day plus 1/2 of Saturday and/or Sunday.
But when it's cold, it's REALLY cold.
Unless the price of oil tanks, that is.
There might be the third group - people who will be scared to death by the new rules and who will cut their spending and borrowing.
Credit card companies will lose a lot of profit that way. Possibly much more than they will be able to squeeze out of the bankrupts.
In general it will send a message to avoid risk and that credit is a bad thing.
Credit isn't a bad thing. It's a null thing. It's the uses to which some puts credit that are either "good" or "bad." I would argue that consequences of making bad choices with credit will be far outweighed by billions of dollars spent in advertising to sell large screen TVs, comfortable chairs and vacations. In particular, family cruises sold using Iggy Pop's Lust for Life about the heroin addiction and male prostitution will continue to sell well for reasons too horrible to contemplate.
Quote: The Chinese are creating a lot of menial labor jobs that Americans don't want to do, so it still sounds like economic growth to me.
GM just had a closed door meeting with their 380 suppliers last week and told them to move to china. Cisco also aded they are planing on doing the same thing.
Tell your line to those factory workers. Your line needs to be added to the fr most stupid list.
Sorry if I offend you.
My 1978 Zenith console TV. is doing just fine. My parents gave it to me 20 years ago because I was desitiute just out of college.
2-3 times a month the color fades a bit for a day or two but always bounces back.
My wife bought one of those wood wall cabinets 5 years ago to place the "New" tv but the spot for the tv still sits empty. Each year we say this will be it but it keeps on going.
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