With Boeing - A fish rots from the head down. Entire upper management needs to go, now and can't work for Boeing or it's subsidiaries or contractors. Nowhere near Boeing.
You know damn well that the financial wizard management is the primary implicit endorsement of Wall Street and the WSJ megaphone trumpets, and has for... ever? Minimal engineering knowledge, minimal core product knowledge, establishment of anticompetitive cartel/monopoly conditions, reduction of open competition via mergers and acquisitions. Short term thinking and planning. Regulatory capture.
Oh, but now there's two "emergencies". WAIT WAIT WAIT, are we calling for a BAILOUT? THE GOVERNMENT MUST STEP IN!!!!! I love it. Talking out of their mouth and assholes at the same time. FREE MONEY FOR THE MEGACORPORATIONS!?!?!?
Intel and Boeing are symptoms of a catastrophic disease America has: cartels and monopolies and associated corruption, economic damage, inflation, high prices, regulatory capture/bureaucracy, and more.
Globalization and the associated fragile supply chains is a symptom of these megacorporations. Our economy is not resilient to disruption in an increasingly unstable world, with long term trends like demographic disruption, war, global warming will only make it worse.
Healthy competitive markets also mean resilience in supply chain. They go hand in hand. THAT is the real national emergency.
I vaguely hear a lefty in a leather jacket whispering sly warnings about neoliberalism. I may have even heard a hint of “I told you so” but maybe that’s just my imagination.
AtlasBarfed|1 year ago
You know damn well that the financial wizard management is the primary implicit endorsement of Wall Street and the WSJ megaphone trumpets, and has for... ever? Minimal engineering knowledge, minimal core product knowledge, establishment of anticompetitive cartel/monopoly conditions, reduction of open competition via mergers and acquisitions. Short term thinking and planning. Regulatory capture.
Oh, but now there's two "emergencies". WAIT WAIT WAIT, are we calling for a BAILOUT? THE GOVERNMENT MUST STEP IN!!!!! I love it. Talking out of their mouth and assholes at the same time. FREE MONEY FOR THE MEGACORPORATIONS!?!?!?
Intel and Boeing are symptoms of a catastrophic disease America has: cartels and monopolies and associated corruption, economic damage, inflation, high prices, regulatory capture/bureaucracy, and more.
Globalization and the associated fragile supply chains is a symptom of these megacorporations. Our economy is not resilient to disruption in an increasingly unstable world, with long term trends like demographic disruption, war, global warming will only make it worse.
Healthy competitive markets also mean resilience in supply chain. They go hand in hand. THAT is the real national emergency.
WE NEED TO BREAK UP THE CARTELS. EVERYWHERE.
m_fayer|1 year ago