Corona Virus #6

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   / Corona Virus #6 #1,181  
Ironically I visited that plant when I was back in school. it was something to see. I suppose it is long close down now.

A few remnants of buildings left. It was a huge operation in the 50s, 60s, 70s.
 
   / Corona Virus #6 #1,182  
About buying American, if American workers would work for Chinese wages our goods might be more price competitive but can you even imagine that happening?

Chris
 
   / Corona Virus #6 #1,183  
A few remnants of buildings left. It was a huge operation in the 50s, 60s, 70s.

Once you have seen rows after rows of machines taking in wire and spitting out nails off of a conveyor belt dumping into the nail box, well, I was impressed. One employee going between the machines which were totally automated, and gluing down the flaps of the boxes with a big brush dipped in glue. Nails, fence staples, all sorts of stuff. Kinda of noisy though. :)
 
   / Corona Virus #6 #1,184  
About buying American, if American workers would work for Chinese wages our goods might be more price competitive but can you even imagine that happening?

Chris

OR if manufacturers and their executives did not demand such extravagant salaries and bonuses etc...they could cut the profit margins...Then take the majority of the profit away from the shareholders...it would do the same thing ten fold...but that ain't gonna happen either...!
 
   / Corona Virus #6 #1,185  
OR if manufacturers and their executives did not demand such extravagant salaries and bonuses etc...

'Nother point I've been trying to make for decades. if a company gets in trouble, the FIRST thing to be cut should be executive pay and benefits. Minimum of 50% before any employee cuts are made.
 
   / Corona Virus #6 #1,188  
OR if manufacturers and their executives did not demand such extravagant salaries and bonuses etc...they could cut the profit margins...Then take the majority of the profit away from the shareholders...it would do the same thing ten fold...but that ain't gonna happen either...!

Excellent article on just that. Try not to throw up... Bloomberg - Are you a robot?
 
   / Corona Virus #6 #1,189  
100%....... I ain't gettin a nickel.

Send me a self addressed pre paid envelop and I will send you a nickel.....:laughing:
 
   / Corona Virus #6 #1,190  
.
So,
All the media posts Hospitals are overwhelmed, swamped.
,
My local hospital stopped elective surgery weeks ago. Built all kinds of special rooms for this crisis. They have one coronavirus patient. One!
Now the hospital is basically a ghost town. Most employees are being forced to not work, because there痴 no scheduled work.

Really makes you question media hype , and political decisions.

So , a big hospital, empty, doing nothing, and the employees not working. ....
 
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