Zombie The Coronavirus Financial Thread (Personal, Local, National)

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tlongII said:
Uh, no.
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Absolutely. If my guy scraps 200 parts and can hide it he often times will.

Cut more material, the job gets done, the customer is happy. And we make more money on scrap.

Everybody is happy. The paperwork looks good. And lots of waste has occurred.

However, we can't sell plastic scrap. So in those cases we just throw it in the trash.

You can't even imagine how many 100k machines (sometimes $1 million machines) places buy just so they can show a loss on their taxes.

Then the machines usually sit. We have a couple machines that haven't been used since they were installed and tested several years ago.

Happens all the time.
 
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tlongII said:
No. I’m of the belief that their reviews do not promote efficiency to the degree corporate reviews do.
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Who reviews the owner of a company? Because that's where a huge portion of most corporate waste comes from...
 
SlyPokerCat said:
If you haven't worked for government your opinion is full of bias. Hence, full of shit.

You work for Nike bro. I could tell you some stories I have heard about that place. But, I have never worked there.
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LMAO. The amount Nike spends on fixturing is insane. Talk about waste. They pay 5-10x the going rate because they're such a pain in the ass to work with.
 
I spent 35 years working in municipal wastewater treatment and worked for both public and private entities. I saw a lot of waste and mismanagement in both arenas. And to be quite honest, it was far worse on the private side. And much easier to hide. In the end, I don’t believe it matters one whit whether it boils down to public or private. The bottom line is competent management. The private sector hires just as many clueless idiots as the public sector, with the same results. The one serious complaint I had about the public sector management viewpoint is that we were expected to spend as close to 100% of our annual budget as we could. If we didn’t, we were chastised. The reasoning was that if we didn’t spend it all, we couldn’t justify asking for more in the next budget cycle. The private sector was all about the profit. Hoard your budget, cut back in certain areas and you’re a hero…….with the profit angle almost always impacting efficiency and effectiveness in negative ways. Six of one, half dozen of another. Pick your poison. Personally, I think the mirage of “private sector efficiencies” is nothing more than the private sector being far better at the public relation bullshit than the private sector…….
 
UncleCliffy'sDaddy said:
I spent 35 years working in municipal wastewater treatment and worked for both public and private entities. I saw a lot of waste and mismanagement in both arenas. And to be quite honest, it was far worse on the private side. And much easier to hide. In the end, I don’t believe it matters one whit whether it boils down to public or private. The bottom line is competent management. The private sector hires just as many clueless idiots as the public sector, with the same results. The one serious complaint I had about the public sector management viewpoint is that we were expected to spend as close to 100% of our annual budget as we could. If we didn’t, we were chastised. The reasoning was that if we didn’t spend it all, we couldn’t justify asking for more in the next budget cycle. The private sector was all about the profit. Hoard your budget, cut back in certain areas and you’re a hero…….with the profit angle almost always impacting efficiency and effectiveness in negative ways. Six of one, half dozen of another. Pick your poison. Personally, I think the mirage of “private sector efficiencies” is nothing more than the private sector being far better at the public relation bullshit than the private sector…….
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I think that’s a fair synopsis of the situation.

I have to say, though, you want to be careful using the phrase “bottom line” when discussing wastewater management.
 
UncleCliffy'sDaddy said:
I spent 35 years working in municipal wastewater treatment and worked for both public and private entities. I saw a lot of waste and mismanagement in both arenas. And to be quite honest, it was far worse on the private side. And much easier to hide. In the end, I don’t believe it matters one whit whether it boils down to public or private. The bottom line is competent management. The private sector hires just as many clueless idiots as the public sector, with the same results. The one serious complaint I had about the public sector management viewpoint is that we were expected to spend as close to 100% of our annual budget as we could. If we didn’t, we were chastised. The reasoning was that if we didn’t spend it all, we couldn’t justify asking for more in the next budget cycle. The private sector was all about the profit. Hoard your budget, cut back in certain areas and you’re a hero…….with the profit angle almost always impacting efficiency and effectiveness in negative ways. Six of one, half dozen of another. Pick your poison. Personally, I think the mirage of “private sector efficiencies” is nothing more than the private sector being far better at the public relation bullshit than the private sector…….
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Agree with what you say especially pertaining to management.
Companies that are both product and service based have to be competitive not just in cost but levels of service. Anymore it cant be the food was great but the service was shitty. Consumers now days are much more informed and take advantage of the competitiveness. I dont think you have as much bureaucracy in the private sector as government.
 
Hoopguru said:
Agree with what you say especially pertaining to management.
Companies that are both product and service based have to be competitive not just in cost but levels of service. Anymore it cant be the food was great but the service was shitty. Consumers now days are much more informed and take advantage of the competitiveness. I dont think you have as much bureaucracy in the private sector as government.
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I agree wholeheartedly. But sometimes those extra layers actually act as a “brake” or “runaway truck ramp” for stupid ideas….
 
Hoopguru said:
A Kohler toilet and seat you but at Home Depot would be adequate for flying a nuclear mission.
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Disagree, it won't fit the cramped space in a nuclear warhead carrying aircraft nor is as dependable as required where Millions of lives are at stake. It might, however be adequate for your typical home safe room bunker where you might ride out that nuclear war. Kohler has to maintain similar drawings but won't need to use mil. spec. parts that are guaranteed not to contain inferior metals nor corrosion resistant steel parts made of the best corrosion resistant steel. Also, Kohler's change board won't require the people and engineers of the type that the military requires. No, you don't want inferior parts or assemblies on a nuclear mission.
 
barfo said:
I'm afraid that there are lots of employees in corporations who do not put shareholder return first, just as there are lots of government employees who do not put 'taxpayer return' first. People have a variety of incentives, intentional and unintentional, explicit and implicit.

barfo
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We had plenty of waste at Tektronix but the parts and assemblies that were used were not nearly as dependable as that used by military contractors so those cost less.
 
Lanny said:
Disagree, it won't fit the cramped space in a nuclear warhead carrying aircraft nor is as dependable as required where Millions of lives are at stake. It might, however be adequate for your typical home safe room bunker where you might ride out that nuclear war. Kohler has to maintain similar drawings but won't need to use mil. spec. parts that are guaranteed not to contain inferior metals nor corrosion resistant steel parts made of the best corrosion resistant steel. Also, Kohler's change board won't require the people and engineers of the type that the military requires. No, you don't want inferior parts or assemblies on a nuclear mission.
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I was making an effort at being sarcastic, but like my wife say's, Im not very good at it.
 
Hoopguru said:
I was making an effort at being sarcastic, but like my wife say's, Im not very good at it.
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Not to worry, as long as you don't go racially predjudiced on me I can't imagine anything you could say that would change my positive opinion of you.
 
Hoopguru said:
I was making an effort at being sarcastic, but like my wife say's, Im not very good at it.
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Ive been to the Kohler factory village several times. The black sand castings are amazing, but nothing like the Porcelain part of the process.
An amazing factory town.
 
Lanny said:
Not to worry, as long as you don't go racially predjudiced on me I can't imagine anything you could say that would change my positive opinion of you.
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Dont have to worry about that my family is multi race/culture/politics and religion.
 
Hoopguru said:
Ive been to the Kohler factory village several times. The black sand castings are amazing, but nothing like the Porcelain part of the process.
An amazing factory town.
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Yes, I too am fascinated by toilets and all that they do. Oh wait, did I say this out loud?
 
Wifey told me that UCLA hospital, where she used to work is now paying Travel Nurses $5k a week. Big staffing issues I guess.


:NOTMARIS:
 
EL PRESIDENTE said:
Wifey told me that UCLA hospital, where she used to work is now paying Travel Nurses $5k a week. Big staffing issues I guess.


:NOTMARIS:
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They're all at work in the VA hospital in Portland.
See, anecdotes are just gossip unless backed up by something credible and some credible stats.
 
Lanny said:
They're all at work in the VA hospital in Portland.
See, anecdotes are just gossip unless backed up by something credible and some credible stats.
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https://dailybruin.com/2021/10/14/r...e-shortage-of-registered-nurses-in-california

https://www.aamc.org/news-insights/hospitals-innovate-amid-dire-nursing-shortages


I saw the listing her coworker, who works at UCLA had sent. They even offered the wifey good money to work the week her endoscopy clinic is closed during the holidays, although she doesn't want to since it's a higher stress environment
 
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EL PRESIDENTE said:
Wifey told me that UCLA hospital, where she used to work is now paying Travel Nurses $5k a week. Big staffing issues I guess.


:NOTMARIS:
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My mom was a CT Tech and when she maxed out her retirement at Kaiser she did the traveling thing for a few years. They make bank!
 
HSBC is shutting down their US operations. I am closing my account (they were gonna transfer me to Citizens Bank, an east coast institution......pass.....and moving it into my Schwab checking account. No A2M fees!
 
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