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Re: [RT] Service vs Manufacturing economy



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Ira-

It wasn't the fault of the kid driving the car.  It was the fault of the
OTHER kinds who had
peer pressured him.  There's a group now called MAPP:  Mother's Against Peer
Pressure.
One of their kids rolled a car; almost killing a group of people in a park.
But it wasn't her
kid's fault:  he had been pressured to drive the car by the other kids in
the cars.

Wake up folks.  I think the Collectivist agenda of taking a country from
within through its education system has worked wonders.  I think it was
Dewey; an educational guru; who was a died in the wool Socialist.

chas

----- Original Message -----
From: BobsKC <bobskc@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, September 23, 2002 11:21 AM
Subject: Re: [RT] Service vs Manufacturing economy


> Tenure = Unions which is what I suggested the problem was.  ... This is a
> very eye opening post Ira .. it is all true and the fact that parents
think
> they are doing their children a favor with these liberal/tolerant methods
> is out and out frightening.
>
> Bob
>
>
> At 07:36 PM 9/22/2002 -0700, you wrote:
> >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.
> > > > >> > > [...]
> > > > >> > >
> > > > >> > >
> > > > >> > >
> > > > >> > >
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> > > > >> > >
> > > > >> > >
> > > > >> > >
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