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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (39040)	8/25/2005 2:50:09 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 306849

no question about that Tradelite, there was a lot of froth in the tech boom. But here is the problem, in this RE "boom" or whatever it is, we can't even create enough jobs to SUSTAIN. I'm talking 80s levels job creation here. Forget the boom. And the deficit is the highest ever. This isn't real wealth , that is the problem. This is deficit spending on the part of both individuals and the government. The tech boom was real wealth combined with a bunch of froth. But the real companies that were created then are still here (cisco oracle etc). Again, if the RE bubble was creating all the trade positions you guys say are being created they would show up in the numbers.

To: Tradelite who wrote (39040)	8/25/2005 6:03:39 PM
From: John Vosilla	Respond to of 306849

"I'm sorry, Lizzie, but I saw too many stories in the newspaper during that time about workers hired only because a no-name company had investor and venture-capital money to hire them, and they sat at their desks doing nothing, because their managers didn't even know what to do with all the money." That also sounds like a lot of things from the oil barrons in Texas in the early 80's to the syndicators of commercial RE partnerships in the late 80's to Enron of the late 1990's to the whole crowd in the food chain involved with bubble residential RE today.

To: Tradelite who wrote (39040)	8/27/2005 5:13:18 AM
From: shades	Respond to of 306849

I saw too many stories in the newspaper during that time about workers hired only because a no-name company had investor and venture-capital money to hire them, and they sat at their desks doing nothing, because their managers didn't even know what to do with all the money. My friends in the air force that do budget and management say they make 70K a year just to sit in a desk all day and play solitaire - I saw lots of this at IBM in RTP in the 90's. The highlight of my years in RTP - I got to go to mitnicks trial and astonished even myself at how much money I could earn just sitting in meetings all day while fancy pants dilbert boss waxed eloquent about all his new theories for the future of mainframes and IBM - HAHA! I got so good at it they even made me the manager to appoint all the other lazy blue bumbs to which meetings and educational programs they should attend - I had so many woman wanting to give me the monica treatment if I would put them in that nice 2 week class that they could catch up on nap time with while they got that big bonus - HAHA - I miss those days!! The waste was unBELIEVABLE - we had some team come in for TQM - what a joke - they were getting 200-300K each and basically all they did was sit in their classroom and hand out flyers that if we all said TQM 10 times a day at the water cooler then productivity and money would appear magically in the air!! Those TQM types got exed a little while later - hehe. I swear I heard one of the TQM folks screaming as they dragged her out of the building - I am worth 500K - and you are firing me! HAHA - that was a funny day. One of the old guys said don't fire her - STOP - he liked the old days when IBM paid programmers by lines of code - HAHA! Talk about encouraging waste!! IBM paid some guy from france I think to come over like 300K to give a lecture that I think only 20 people came too. He was talking all this synergy and paradigms and such - hehe. Didn't have much to do with the twinkie eating mainframe folks but made gerstner feel smart I guess. Then I read this yesterday - HAHA! Someone let the marketing boys in the lab again - marketing was so much of IBM's expenses - amazing!! slashdot.org There's much more information on how developers, including open source developers, can access the SPUs (Synergistic Processor Units). Synergistic Processor Units? (Score:5, Funny) by ponds (728911) on Thursday August 25, @05:26PM (#13401521) Synergistic Processor Units? That's it, the Playstation 3 will definately win the next console war due to exploiting its Synergistic Processor units and developing core competencies to sustain a long-term competitive advantage in the new paradigm. Now that word is out on the blogosphere, Microsoft should just give up. i find it hard to believe they spent billions bolting on a set of vector processors to a non-out of order ppc cpu. maybe they spent most of the money on marketing and writing the software/apis. HAHA - BWAHAHAH - too too funny! I ask the personnel director one day at lunch, why are you hiring all these fugging idiots - sure we all like to make fun of them and laugh and get our comedy relief - but come on - he said shades - the NEW culture of hiring today is company wide peter principle - we give all the positions and money to everyone now - not just idiots - and see how far they can run with it - eventually they will all settle into their roles - he was not joking - they just hired and promoted and pay raised huge swaths of people peter principle wise - gave them any money, positions, status they wanted - pet projects galore - the bad thing is when the cuts came - they culled the really good folks along with all that waste - so so silly. The scythe of the grim reaper cut out the heart of a lot of their teams trying to cut the waste.