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Re: [RT] Service vs Manufacturing economy



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Tenure killed the teaching profession.  If you could get hired it was nearly
impossible to get fired unless you were a child molester and then there was
a court battle.  There is no requirement to be good at what you do if you
are hired as a teacher.  The other problem is the parents.  Don't discipline
my child.  Don't make him do all of that home work, it interferes with his
selling drugs.  45%  of all drug traffic happens in the city. Where do you
think the other 55% is?

There is no work ethic, there is no responsibility for ones actions, the is
no respect for another persons property or rights.  A couple of kids stole
my XKE roadster and it was my fault for having an attractive nuisance.  They
were involved in a hit and run and I had to prove that the car was stolen.
The were chased up a country road at about 140 MPH and I had to explain
where I was at the time.  They caught them and I was being questioned.  They
were laughing because they would be on the street in a 1/2 hour.  What is
the system telling these kids.  The schools, the parents, and the penal
system.
----- Original Message -----
From: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, September 22, 2002 4:42 PM
Subject: Re: [RT] Service vs Manufacturing economy


> Teachers are paid less than they ideally should be but only at GOVERNMENT
> schools.  When you work for the govnerment, you have a practically
> guaranteed job and this tends to attract certain types.  I'm not trying to
> indict all teachers.  Many of them are very dedicated and genuinely
> interested in teaching.  This of course is another reason why they take
less
> pay.  I would program for less money than I do, but fortunately, I don't
> have to.  :)  And fortunately I don't need a union thug to negotiate my
> salary.
>
> Teachers at private schools are paid better in general because the private
> schools have their choice of the cream of the crop and because private
> schools have to perform or the parents won't pay for it the services.
>
> Kent
>
>
> ----- Original Message -----
> From: "tradewynne" <tradewynne@xxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, September 22, 2002 5:44 PM
> Subject: Re: [RT] Service vs Manufacturing economy
>
>
> > about money--PAC money mainly.  the largest contributors to
> Democrats are unions, teachers associations and trial lawyers....
>
> I largely agree, but teachers are paid crap....you can't have it both
> ways. Starting pay at the local grocery store is higher
> than teachers with a masters degree....
>
>
> --- In realtraders@xxxx, Jim Johnson <jejohn@xxxx> wrote:
> > Hello BobsKC,
> >
> > you can't hold teachers accountable--they're unionized AND they have
> > tenure.  what's that all about?
> >
> > about money--PAC money mainly.  the largest contributors to
> Democrats
> > are unions, teachers associations and trial lawyers.
> >
> > the liberal philosophy continues to eat away at our way of life.
> even
> > last night on the WSJ editorial board roundtable--when asked about
> > Welsh's retirements perks, not one of those presumably free market
> > conservative writers observed that what he got was given to him
> > freely.  Even they seemed to be tacitly buying into the implication
> > that somebody (government I assume) should get involved in this.
> the
> > title of van Hayek's book is chilling--The Road to Serfdom.
> >
> >
> > Best regards,
> >  Jim Johnson                           mailto:jejohn@x...
> >
> > --
> > Saturday, September 21, 2002, 10:29:59 PM, you wrote:
> >
> > B> Unions.  I watched the UAW refuse to give back a dime to Cat
> when things
> > B> got tough in the early 80's even in the face of warnings they
> would move
> > B> their Iowa plants.  Well, they moved them.  To France!  My
> company provided
> > B> two way radio and closed circuit tv services to those plants and
> it was a
> > B> tough loss for us.
> >
> > B> There was a time for labor unions.  That time was 80 years ago.
> Most of
> > B> the money they pull in goes to organized crime and they have
> caused
> > B> manufacturing to depart wholesale.  Besides, I am suspicious of
> anyone who
> > B> wants to work at a job where they tell you how much you can make.
> >
> > B> So, greed has driven out the manufacturing jobs.  Our education
> system has
> > B> lowered the bar for the few until the majority are getting a
> second rate
> > B> education and can not compete in the world market place.
> Education is not
> > B> the same as corporate earnings.  You can't just lower the
> estimates.  I
> > B> worry a lot about our youth .. kids coming out of high school
> today are
> > B> less informed that kids coming out of 8th grade 30 years ago.
> The damn
> > B> bar better get put back up where it belongs and teachers held
> accountable
> > B> and tested.
> >
> > B> Bob
> >
> >
> > B> At 05:57 PM 9/21/2002 -0700, you wrote:
> > >>Did the US have a choice in its conversion?  It was convert or
> die.  The
> > >>manufacturing went elsewhere because they could do it just as
> good and a lot
> > >>cheaper. The only other alternative we had was to become
> isolationists again
> > >>and ban imports.  Our agriculture is going the same way right
> now.  Garlic
> > >>is coming in from China at 1/2 the price it can be produced for
> in the US.
> > >>The same with oranges, grapefruit and other citrus from Australia
> and South
> > >>America.  Are the grain markets in the same shape?  Brazil,
> Australia, and
> > >>other countries are producing product for less.  How long can a
> subsidy
> > >>last?  Where is our vaunted fishing fleet.  Are there any
> American flag
> > >>vessels left afloat, outside of the Navy and coast guard.  Do we
> produce
> > >>shoes or clothing any more?  We still have a thriving wine
> industry.
> > >>
> > >>I have a question.  Who does the service industry service?  We
> have banks
> > >>that lend money to foreign countries that don't repay the loans.
> We have
> > >>computer companies that import all of the parts they assemble
> here.  So we
> > >>did save those high paying assembly line jobs.  The fast food
> restaurants
> > >>are expanding overseas instead of in the US so those high paying
> service
> > >>jobs at Wendy's and McD aren't going to shrink the unemployment
> rolls.  The
> > >>banks can now lose money in insurance, brokerage and other non
> banking
> > >>endeavors.  Even the federal government is sending our armaments
> for
> > >>production overseas.
> > >>
> > >>Were is the talent coming from to operate the high tech
> companies?  That
> > >>talent is coming from oversees.  We can't even produce an
> intelligent work
> > >>force.  There is one ever expanding area of the economy.  Tattoo
> parlors and
> > >>body piercing salons are popping up all over.  Now there is a
> real future
> > >>for your kids.  Am I missing something here?  Ira
> > >>
> > >>----- Original Message -----
> > >>From: "Earl Adamy" <eadamy@xxxx>
> > >>To: <realtraders@xxxx>
> > >>Sent: Saturday, September 21, 2002 4:54 PM
> > >>Subject: Re: [RT] Service vs Manufacturing economy
> > >>
> > >>
> > >> > Gary, do you have a URL for that article, sure would like to
> read the
> > >>whole
> > >> > thing?
> > >> >
> > >> > I have long believed that true economic strength is built upon
> a strong
> > >>and
> > >> > resilient manufacturing base. I have also been saying for many
> years that
> > >> > the US would suffer deeply in the next recession/depression
> for having
> > >> > converted to a service based economy.
> > >> >
> > >> > Earl
> > >> >
> > >> > ----- Original Message -----
> > >> > From: "Gary Funck" <gary@xxxx>
> > >> > To: <realtraders@xxxx>
> > >> > Sent: Saturday, September 21, 2002 3:23 PM
> > >> > Subject: RE: [RT] 10 year note near 40 year highs ?
> > >> >
> > >> >
> > >> > >
> > >> > >
> > >> > > > -----Original Message-----
> > >> > > > From: Daniel Goncharoff [mailto:thegonch@x...]
> > >> > > > Sent: Saturday, September 21, 2002 9:37 AM
> > >> > > > To: realtraders@xxxx
> > >> > > > Subject: Re: [RT] 10 year note near 40 year highs ?
> > >> > > >
> > >> > > >
> > >> > > > I think there are two sides to this point. Isn't a service-
> based
> > >>economy
> > >> > > > more flexible than one based on large factories? It may
> mean that
> > >> > > > changes come more easily, and that new industries can
> develop using
> > >>the
> > >> > > > excess information-based labor from weaker sectors.
> > >> > > >
> > >> > > > In this respect, telecoms will be a good real-life
> example. It will be
> > >> > > > interesting to see what happens to all the people getting
> laid off by
> > >> > > > the telecoms firms that won't be growing for several
> years. If they
> > >>end
> > >> > > > up having no place to go, that would indicate your believe
> is
> > >>validated.
> > >> > > > If they find new jobs in a similar field, I think the
> economic hit
> > >>will
> > >> > > > not be very big at all.
> > >> > > >
> > >> > >
> > >> > > In this week's Business Week, there's a rather disturbing
> article that
> > >> > refutes
> > >> > > the theory that a service based economy should be more
> resilient.
> > >>Excerpts
> > >> > > below:
> > >> > >
> > >> > > SEPTEMBER 30, 2002
> > >> > >
> > >> > > NEWS: ANALYSIS & COMMENTARY
> > >> > >
> > >> > > The Educated Unemployed
> > >> > > The jobless rate for managers and professionals is likely to
> rise
> > >> > >
> > >> > > [...]
> > >> > > Here's why joblessness is likely to rise: Across the board,
> companies
> > >>are
> > >> > > facing an unholy trio of low profits, weak demand, and
> falling
> > >> > prices--with no
> > >> > > relief in sight. Revenues for the companies in the Standard
> & Poor's
> > >> > 500-stock
> > >> > > index are down 2% over the past year, adding to the pressure
> on
> > >>businesses
> > >> > to
> > >> > > cut costs by cutting workforces. At the same time,
> productivity is
> > >>soaring
> > >> > at a
> > >> > > rapid clip--a 6% gain over last year at nonfinancial
> corporations.
> > >>That's
> > >> > > allowing businesses to meet flat demand with fewer workers.
> > >> > >
> > >> > > Even more distressing, some of the sectors where the job
> market has
> > >>stayed
> > >> > > relatively strong--including health, education, finance, and
> retailing,
> > >> > which
> > >> > > together make up about 40% of the total workforce--are
> showing signs of
> > >> > > cracking. And the already grim labor picture in the airline,
> energy,
> > >> > > technology, telecom, and media sectors--some 7% of the
> workforce--keeps
> > >> > > deteriorating.
> > >> > > [...]
> > >> > > This is the dark side of the productivity boom. During the
> second half
> > >>of
> > >> > the
> > >> > > 1990s, output per worker rose, but soaring demand and
> revenues, driven
> > >>in
> > >> > part
> > >> > > by the technology and telecom boom, helped boost hiring and
> push down
> > >>the
> > >> > > unemployment rate below 4%. Wages and bonuses soared, and it
> seemed like
> > >>a
> > >> > > golden age for workers.
> > >> > >
> > >> > > But rising productivity without rising demand is a recipe for
> > >>disappearing
> > >> > > jobs. If companies can't raise prices, the only way they can
> boost
> > >>profits
> > >> > is
> > >> > > to cut workers--and higher productivity makes that possible.
> > >> > > [...]
> > >> > >
> > >> > >
> > >> > >
> > >> > >
> > >> > > To unsubscribe from this group, send an email to:
> > >> > > realtraders-unsubscribe@xxxx
> > >> > >
> > >> > >
> > >> > >
> > >> > > Your use of Yahoo! Groups is subject to
> > >>http://docs.yahoo.com/info/terms/
> > >> > >
> > >> > >
> > >> > >
> > >> >
> > >> >
> > >> >
> > >> > To unsubscribe from this group, send an email to:
> > >> > realtraders-unsubscribe@xxxx
> > >> >
> > >> >
> > >> >
> > >> > Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
> > >> >
> > >> >
> > >>
> > >>
> > >>
> > >>To unsubscribe from this group, send an email to:
> > >>realtraders-unsubscribe@xxxx
> > >>
> > >>
> > >>
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> >
> >
> >
> > B> To unsubscribe from this group, send an email to:
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> >
> >
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