Search results

And you really think that a business will be able to achieve a proprietary advantage by outsourcing or contracting everything out? Lol. That'd be like a major pension fund outsourcing its investment management to an external investment management firm, and then being absolutely astonished at...

Ummm buddy, Java's been doing that for what, a decade now? C/C++, even longer.

At the expense of vendor tie-in. Its almost like we've gone full circle, from, in the old days, having to buy everything from IBM, to open systems, and now, back to, having to buy everything from the same vendor. How many businesses are willing to tolerate having everything off-site, and...

Lets not get too carried away here. Most CEO's barely have the intelligence to even tie their own shoes, nevermind operate a computer these days.

"In theory" its the same way in IT, but H1-B is preferred over American hires in the IT industry because the H1-B's are essentially endentured to a particular firm. So the $60k starting salary of a H1-B really doesn't end up rising, while the American worker wants $100k+ after a few years, on...

Definitely accounting and finance. And medicine/medical. I live in a small rural town. All of our doctors are imported from South Africa. Every last one of them.

Nope. Only $5000 each year in contributions (+ or minus the inflation index). Your gain or loss is meaningless.

8 out of 10??? Lol if you actually believe the numbers are that high. The few people who have jobs these days -- are afraid that they're going to lose them, or are having their hours cut back. That must be why sales tax receipts are cratering, eh? Of course people will still shop, but...

The demand doesn't exist. People are broke. Snow or not, sales would have been down dramatically. This is just another CNBC-style excuse for an economy that is deep into recession and getting worse, not better.

The financial companies shouldn't let the door hit them on their way out... Screw 'em, private individuals can do a plenty good job of operating the risk pricing mechamisms of the capital markets. Big institutions are not needed for this purpose.

POT (PotashCorp) didn't sell any potash fertilizer for the year of 2009. Don't see how farmers can just refuse to apply fertilizer...and magically, yields won't be impacted.

Its already like that. If you're aligned with the government, you get to have all the oil and cash you want. If you're not, then your ability to access resources is practically zero. Try being a non-government (ie: non-financial industry) employee in NYC. Chances are, you aren't making a...

And out-of-control national debt, or the military, the forces by which cheap oil has been procured in massive quantities from foreigners, isn't an example of "central planning" run amuck? Americans are f*cking stupid if they think they can have it both ways; central planning in some aspects...

Just by putting our massively unemployed/underemployed engineering workforce to work -- we could cut fossil fuel consumption down by 1/3rd with just off-the-shelf technology, and probably down by 50% with new technology. Absolutely enormous numbers of processes out there are innefficiently...

Well I'll shut my pie-hole (burrito-hole?) if Chipotle has any trouble obtaining funding from the markets in this environment.

Rabbitone, well, the problem with H1-B is that, for a position that requires extensive training -- a H1-B will gladly spend a couple years training at $35k/year. While a citizen, graduated from, say, Stanford, Berkeley, or any of the other good CS programs, will require $100k to start, even...

Yeah, why on earth would anyone invest in new capacity right now? Best use of funds is to buy up existing capacity in useful sectors that are in legitimate shortage (ie: energy, mining, etc.). Cheap loans to build more Subway-brand "sandwich" counters would be completely counter-productive.

Looks like ADIA have done exactly what I said they were gonna do, ie: give Citigroup the middle finger: http://www.bloomberg.com/apps/news?pid=20601087&sid=a.VC6LOpbs5s&pos=1 Good for them. Like hell there wasn't securities fraud involved here. Citigroup = boom, out of existence...

These guys are repaying TARP because they want to be able to legitimately say to the government, "give us another TARP", when the markets crash again. Setting up for a re-run. Politically, it would be impossible for the Administration to implement TARP part 2, when TARP part #1 hadn't even...

Banks are lending, and any creditworthy individual or business has absolutely no problem obtaining inexpensive credit in this environment. The big problem is that "joe sixpack" or "joe sixpack business owner" isn't creditworthy. These people weren't creditworthy a few years ago, but, for...