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The Morning Rant: Minimalist Edition

punk-monkey.jpg

There is nothing remotely troubling about corporations raising money on the debt markets. It's smart financial planning in many cases, doesn't dilute the stock price like issuing more shares, and with a steady revenue stream the cost of the money raised is easily managed. And it benefits the economy by providing a reasonable return that is quite safe. Who wouldn't trust Boeing to keep building and selling great planes?

Except when a corporation HAS to raise money on the debt markets because they are running out of cash, because their products suck and the airline industry is becoming suspicious of the conspicuous lack of quality control in their design and production.

That's when it becomes troubling.

Boeing taps debt market to raise $10 billion

Boeing on Monday tapped debt markets to raise $10 billion, after the U.S. planemaker burned $3.93 billion in free cash during the first quarter following slowing production of its best-selling jet, sources familiar with the matter said.

Boeing's credit rating hovered above "junk" status last week from rating agencies as the planemaker tries to recover from a crisis that began in January after a midair blowout of a cabin panel door plug on a nearly new 737 MAX 9.

Investors and analysts have said Boeing could tap bond markets to get ahead of more than $12 billion in combined debt coming due in 2025 and 2026.


Actually, the crisis began a long time ago. The software design of the new 737 was poorly done, and even before that, the direction of the company had radically shifted away from the technological and engineering prowess that was in its corporate culture, toward a profit-driven, and DEI-dominated culture. Even worse they began to worship at the alter of the Sustainable Organic Church of The Carbon Apocalypse.* They even include DEI in their "Sustainability" programs!

Boeing has lost its way, just like many American corporations that value a progressive, Woke, "Just" culture over the old cultures of competence and great products that drove American manufacturing for 100 years. Every time Boeing hires a software engineer because of his/her/its skin color or sexuality, it degrades its brand and endangers its customers. Every time Boeing pushes its engineers to focus on projects that maximize the illusion of carbon-neutral travel, it injures its stockholders and employees by foregoing advances in the reality-based transportation field. Every time it cuts engineering and production budgets and increases lobbying and advertising and DEI and financial auditing budgets, it starves its core competency and feeds the very thing that is destroying a 108 year old company.

*Happily stolen from Buck Throckmorton, and the graphic is from commenter "Dr_No"

[Crossposted at CutJibNewsletter]

Posted by: CBD at 11:00 AM




Comments

(Jump to bottom of comments)

1 1st?

Posted by: Bulgaroctonus at April 30, 2024 11:00 AM (9yWhg)

2 Yesss! Hey, CBD. I cull the otters.

Posted by: Bulgaroctonus at April 30, 2024 11:01 AM (9yWhg)

3 Top 5?

Posted by: StewBurner at April 30, 2024 11:01 AM (Guh8+)

4 Carbon Apocalypse?

Is that like Heat Death?

Posted by: San Franpsycho at April 30, 2024 11:02 AM (RIvkX)

5 Except when a corporation HAS to raise money on the debt markets because they are running out of cash, because their products suck and the airline industry is becoming suspicious of the conspicuous lack of quality control in their design and production.
++++
Corporate debt is, in essence, no different from personal debt or government debt. "Why" matters most of all.

If you're borrowing to make capital investments, that's often not a bad thing. The investment might not pan out and so you go bankrupt and your investor (the lender) loses his money, but that's the risk involved.

If you're borrowing for consumption, that's a bad thing. That indicates you're not living (or operating, if an institution) within your means, and are eroding capital. You can kick the can for a goodly while, but it only ends one way.

Borrowing to enable consumption is death.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:03 AM (HnUIn)

6

NASDAQ Composite (^IXIC)
15,915.62 -67.46 (-0.42%)
As of 10:23AM EDT. Market open.

Posted by: DJIA Deathwatch at April 30, 2024 11:03 AM (aD39U)

7 >> Every time Boeing hires a software engineer because of his/her/its skin color or sexuality, it degrades its brand and endangers its customers. . . .

Every time it outsources part of its development cycle to a foreign country/foreign workers it degrades its brand and endangers its customers

Posted by: Lizzy at April 30, 2024 11:03 AM (cCVOS)

8 I told everyone at work when it comes to any future business travel plans

If it’s Boeing, I’m not going

Posted by: The Grounded Unvaxxed and Unmasked Ranger at April 30, 2024 11:04 AM (VTu1l)

9 How to put a bean counter/s in charge and ruin your company in one easy lesson.

Posted by: AZ deplorable moron at April 30, 2024 11:04 AM (wg/sM)

10 Willowed:

"AI" is the new "iBullshit" fad.

I like Varney, but, my God, the crazy-ass commercials on Fox Business channel.

I realize why I haven't seen him in a while.

Posted by: Deplorable Ian Galt at April 30, 2024 11:04 AM (ufFY8)

11 "Investors and analysts have said Boeing could tap bond markets to get ahead of more than $12 billion in combined debt coming due in 2025 and 2026."

That I think is the more serious issue. The $10B they raise now is only a hole-filling placeholder for an even bigger hole they have to fill over the next two years. And over those two years, I think it's highly likely there will be even more failures and revelations of poor quality control.

Posted by: Elric Blade at April 30, 2024 11:04 AM (iFTx/)

12 Also: Every time it murders has its own employee whistleblowers found dead in a parking garage it degrades its brand.

Posted by: Lizzy at April 30, 2024 11:04 AM (cCVOS)

13 If I were buying a plane, I'd want a reliable plane....fuck all that other bullshit.

Posted by: BignJames at April 30, 2024 11:05 AM (AwYPR)

14 crap

Posted by: Lizzy at April 30, 2024 11:05 AM (cCVOS)

15 Every time it outsources part of its development cycle to a foreign country/foreign workers it degrades its brand and endangers its customers

Posted by: Lizzy at April 30, 2024 11:03 AM (cCVOS)

Yup. That list could go on and on and on...

Posted by: CharlieBrown'sDildo at April 30, 2024 11:05 AM (d9fT1)

16 I am glad I dumped my BA stock a month or so ago.

My buddy, through no undue influence of my own, did the same.

Posted by: Deplorable Ian Galt at April 30, 2024 11:05 AM (ufFY8)

17 Boeing has lost its way, just like many American corporations that value a progressive, Woke, "Just" culture over the old cultures of competence and great products that drove American manufacturing for 100 years.
++++
We are, essentially, a fascist country now (at least in terms of the major enterprises). None of that shit matters. The mega-corps aren't run to produce goods or services. All that is secondary. The mega-corps are being run to satisfy the demands of the Party, and to enrich the ruling class through extracting the capital and moving it into their pockets.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:05 AM (HnUIn)

18 Get ready for a nice fat government bailout!

Posted by: Elric Blade at April 30, 2024 11:05 AM (iFTx/)

19 Posted by: Lizzy at April 30, 2024 11:05 AM (cCVOS)

I'll fix it.

Posted by: CharlieBrown'sDildo at April 30, 2024 11:06 AM (d9fT1)

20 Every time it outsources part of its development cycle to a foreign country/foreign workers

*************

Sometimes there’s no avoiding it either

See Microsoft Windows

Every time I deal with an issue on Windows I can almost literally smell the elephant shit wafting off the code

Posted by: The Grounded Unvaxxed and Unmasked Ranger at April 30, 2024 11:06 AM (VTu1l)

21 The software design of the new 737 was poorly done...

Perhaps, one day in the far distant future, someone will write about this for management students with the warning that, when human life and safety are at risk it is unwise to find the cheapest, marginally competent software engineers possible.

Of course, by then, AI will do all the coding for us so we'll have to await a new generation of the Wright brothers to re-learn powered flight.

Posted by: I used to have a different nic at April 30, 2024 11:06 AM (T7iTv)

22 They should have tapped the debt market two years and 3 percent ago.

Posted by: Thomas Paine at April 30, 2024 11:06 AM (lTGtQ)

23 Boeing gets about 40% of it's revenue from military projects. That's the reason they went woke.

Posted by: JackStraw at April 30, 2024 11:06 AM (LkLld)

24 Didn't think this was going to be about a safe place to put my money and get good returns.

Posted by: Braenyard at April 30, 2024 11:07 AM (lCWOD)

25 Every time I deal with an issue on Windows I can almost literally smell the elephant shit wafting off the code
Posted by: The Grounded Unvaxxed

We are doing the needful, yes?

Posted by: Tonypete at April 30, 2024 11:07 AM (WXNFJ)

26 Every time it cuts engineering and production budgets and increases lobbying and advertising and DEI and financial auditing budgets, it starves its core competency and feeds the very thing that is destroying a 108 year old company.
++++
But it makes the Party happy, and the executives can rest assured that the enterprise is Too Big to Fail. If the worst happens, they'll be bailed out. The executives may (probably will) lose their jobs in the process, but they can ride off into the sunset with a fair chunk of the formerly successful corporation's capital and then go into another C-suite or the consulting racket.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:07 AM (HnUIn)

27 Thanks, CBD!

Posted by: Lizzy at April 30, 2024 11:07 AM (cCVOS)

28 So can someone who knows or understands a, lot more than me about this (read: everyone) put me some knowledge?

Let me get this straight - our government is buying up large amounts of single family homes through shell corporations funded by taxpayer dollars which they will eventually rent out as multifamilies once local zoning laws are federally overridden around the country - and the renters by and large will be the millions large influx they have burst through the border and scattered around the country, likely subsidized or paid directly by even more taxpayer dollars, turning every neighborhood in the country into an inner city, leaving profits for the skimmers at the top.

Have I got that remotely right? I feel like I'm missing a piece or two but this seems to be the plan.

Posted by: ... at April 30, 2024 11:07 AM (LH3Hv)

29 Idiocracy addressed every one of these points.

Posted by: polynikes at April 30, 2024 11:07 AM (MNhXM)

30 19 Posted by: Lizzy at April 30, 2024 11:05 AM (cCVOS)

I'll fix it.
Posted by: CharlieBrown'sDildo at April 30, 2024 11:06 AM (d9fT1)

Wow, what level of membership scores you post-side COB assistance?

Posted by: Zombie Robbo the Llama Butcher at April 30, 2024 11:07 AM (T+Iwg)

31 Boeing's slide started when they merged with MDD and then adopted MDD's managerial culture. Followed by making management Chateau Generals by moving to Chicago and thus far away from their main production centers.

As for as the current 737 Max fiasco with the Alaska Airlines door blow out. Boeing has not released to the NTSB the names of the people who worked on fixing the door seal after Spiritus merely painted over the misplaced rivets. In fact the way Boeing went about fixing the door and its seal was deliberately chosen to avoid creating documentation on the repair.

Posted by: Anna Puma at April 30, 2024 11:08 AM (/Xhke)

32 Carbon Apocalypse?

Is that like Heat Death?

Posted by: San Franpsycho at April 30, 2024 11:02 AM (RIvkX)

Well...heat rash, anyway.

Posted by: BignJames at April 30, 2024 11:08 AM (AwYPR)

33 Boeing is 108 years old? No wonder it's tottering on the brink of collapse...

Is there an old-corporations home we can slip Boeing into so it can retire gracefully from the public eye?

Posted by: "Perfessor" Squirrel at April 30, 2024 11:08 AM (7fElN)

34 Boeing has lost its way, just like many American corporations

A lot of ostensibly American corporations American aren't anymore. Boeing has subsidiaries/operations abroad. So in addition to the domestic cancer, a multinational company is gonna have to play ball with the other host nations, particularly in heavily regulated industries, and accommodate those nations' values. Who thinks those values are likely to jibe with the traditional values of the US?

Posted by: Today's Menu: Doom and More Doom at April 30, 2024 11:08 AM (zSKU3)

35 The real problem Boeing faces is that its debt is garbage, having been rated at just a step above speculative. (Insty)

Both Moody’s and S&P have Boeing just a notch away from a speculative-grade (or “junk” credit rating, which would substantially reduce the pool of money that would be allowed to purchase its bonds and notes. Moody’s reiterated its wariness in the rating it put on the new borrowings, giving the notes a “Baa3" rating, also one step above speculative-territory.

This is a 500 pound canary.

Posted by: Archimedes at April 30, 2024 11:08 AM (CsUN+)

36 Every time it outsources part of its development cycle to a foreign country/foreign workers

Same with GE.
Once they started sucking China's dick in an effort to access market share, it was going down. I couldn't believe they GAVE China their latest research on generator design. I read this in their annual report decades ago.

Unbelievable.
Slit your own throat.

Posted by: Deplorable Ian Galt at April 30, 2024 11:08 AM (ufFY8)

37 26 Every time it cuts engineering and production budgets and increases lobbying and advertising and DEI and financial auditing budgets, it starves its core competency and feeds the very thing that is destroying a 108 year old company.
++++
But it makes the Party happy, and the executives can rest assured that the enterprise is Too Big to Fail. If the worst happens, they'll be bailed out. The executives may (probably will) lose their jobs in the process, but they can ride off into the sunset with a fair chunk of the formerly successful corporation's capital and then go into another C-suite or the consulting racket.
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:07 AM (HnUIn)
________

Hertz needs a new CEO!

Posted by: Elric Blade at April 30, 2024 11:08 AM (iFTx/)

38 Idiocracy has a background scene with a crashed airliner IIRC.

Posted by: polynikes at April 30, 2024 11:09 AM (MNhXM)

39 Wow, what level of membership scores you post-side COB assistance?
Posted by: Zombie Robbo the Llama Butcher



Lizzy sends CBD helpful sous-vide tips.

Posted by: Bulgaroctonus at April 30, 2024 11:10 AM (9yWhg)

40 Borrowing to enable consumption is death.
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:03 AM (HnUIn)


The economy has been, basically, monotonically increasing for 40 years. Do you have any idea the kind of rampant fuckery that would be required to jigger that up?

-- C-Suite folks verifying that their golden parachute doesn't include company stock

Posted by: I used to have a different nic at April 30, 2024 11:10 AM (T7iTv)

41 Boeing's quality problems started more than 25 years ago. I worked for a company that made aircraft grade honeycomb panels. I was The QC engineer for a plant that employed 500 people. We were getting panels back from Boeing for having surface scratches all over the panel. I knew for a fact we weren't sending scratched up panels. Finally Boeing went out to the floor to discover one of their imbeciles was unboxing the panels, then dragging them 50 feet across the cement floor to the layup area. Viola! surface scratches.

Posted by: Xipe Totec at April 30, 2024 11:10 AM (pohLc)

42 Sadly, I feel like Lockheed is not only watching, but taking notes with plans to follow suit.

Look at their Board of Directors.

Posted by: reason at April 30, 2024 11:10 AM (s3On1)

43 What exactly is a "debt market?"

Posted by: Bertram Cabot, Jr. at April 30, 2024 11:10 AM (63Dwl)

44 A lot of ostensibly American corporations American aren't anymore. Boeing has subsidiaries/operations abroad. So in addition to the domestic cancer, a multinational company is gonna have to play ball with the other host nations, particularly in heavily regulated industries, and accommodate those nations' values. Who thinks those values are likely to jibe with the traditional values of the US?

And they're surprised that the knowhow they gave to China has now led to China making its own airplanes. Who could have guessed?

Posted by: Archimedes at April 30, 2024 11:10 AM (CsUN+)

45 The America of the 50s would be shocked at how poorly the America of the 2020s does even with the aide of modern computing.

Posted by: 18-1 at April 30, 2024 11:11 AM (ibTVg)

46
From the sidebar:

We need you to be "Mamala" of the country.

Prepare to cringe. [CBD]



When did Oprah become a wee, skinny, white girl?

Posted by: naturalfake at April 30, 2024 11:11 AM (eDfFs)

47 Biden Admin Has Cemented $1 Trillion Worth Of Rules And Regs In 2024, Analysis Finds

Posted by: SMOD at April 30, 2024 11:11 AM (RHGPo)

48
Wow, what level of membership scores you post-side COB assistance?
Posted by: Zombie Robbo

The unobtanium level of course!

Posted by: AZ deplorable moron at April 30, 2024 11:11 AM (wg/sM)

49 What exactly is a "debt market?"
Posted by: Bertram Cabot, Jr.

In town?

Posted by: Bulgaroctonus at April 30, 2024 11:11 AM (9yWhg)

50 Let me get this straight - our government is buying up large amounts of single family homes through shell corporations funded by taxpayer dollars which they will eventually rent out as multifamilies once local zoning laws are federally overridden around the country - and the renters by and large will be the millions large influx they have burst through the border and scattered around the country, likely subsidized or paid directly by even more taxpayer dollars, turning every neighborhood in the country into an inner city, leaving profits for the skimmers at the top. ...
Posted by: ... at April 30, 2024 11:07 AM (LH3Hv)
++++
Not exactly. There isn't all that much taxpayer money involved in this scheme, at least not directly.

The big funds have lots of access to capital, and can command better interest rates than most others. Some of that is due to political connections, and they can call in (or buy outright) favors from government types.

But it all runs on cheap money, crucially that the funds' access to money is cheaper than *your* access to money, which allows them to outbid you. I suspect this strategy is running out of runway. Rates will kill them, too.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:12 AM (HnUIn)

51 Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:05 AM (HnUIn)

I would write a scathing retort to this if I could refute any of it.

Posted by: I used to have a different nic at April 30, 2024 11:12 AM (T7iTv)

52 Hertz needs a new CEO!
Posted by: Elric Blade at April 30, 2024 11:08 AM (iFTx/)

I have resumed running through airports.

Posted by: zombie OJ Simpson at April 30, 2024 11:12 AM (ufFY8)

53 Boeing's military?

How does $7 billion in loses on the fixed cost contract for the KC-46 Pegasus sound?

Not too healthy there either.

Plus the KC-46 still has SIX Category One deficiencies that could cause the loss of an aircraft.

Posted by: Anna Puma at April 30, 2024 11:13 AM (/Xhke)

54 We were getting panels back from Boeing for having surface scratches all over the panel. I knew for a fact we weren't sending scratched up panels. Finally Boeing went out to the floor to discover one of their imbeciles was unboxing the panels, then dragging them 50 feet across the cement floor to the layup area. Viola! surface scratches.

An article I read about Boeing's descent related that a new CEO decided that all the technically proficient people making their planes were too expensive, and started hiring idiots off the street because they were cheaper. Now, I take a back seat to nobody in my contempt for unions, but in a business where a bad product kills people, lots of them, this is galactic level stupidity. Obviously, you want to get rid of the parasite unions, but you don't do it by hiring morons.

Posted by: Archimedes at April 30, 2024 11:14 AM (CsUN+)

55 >>We are, essentially, a fascist country now (at least in terms of the major enterprises). None of that shit matters. The mega-corps aren't run to produce goods or services. All that is secondary. The mega-corps are being run to satisfy the demands of the Party, and to enrich the ruling class through extracting the capital and moving it into their pockets.


I would add to it that they are doing this to satisfy a globalist agenda. The CEOs of this huge, international corporations go to Davos and other international meetings (Clinton Global Initiative, U.N, etc.), and there, in partnership with other CEOs and global leaders, they agree to certain goals and values to 'save the planet' or whatever.

Whenever I see a goal to do 'X' by 2030 or 2035 I know that this is something set by a globalist organization, such as the U.N., WEF, or other. Yes, the corporations are pressured by the US government, but they are also pressured by foreign leaders as well as peer pressure from other CEOs - if they aren't already happily embracing all this woke/climate change crap already.

Posted by: Lizzy at April 30, 2024 11:14 AM (cCVOS)

56 Every time it outsources part of its development cycle to a foreign country/foreign workers it degrades its brand and endangers its customers

Posted by: Lizzy



May I suggest the prescient Airframe, by Michael Crichton, written nearly 30 years ago about aircraft manufacturers outsourcing.

Posted by: Thomas Paine at April 30, 2024 11:14 AM (lTGtQ)

57 the America of the 2020s does even with the aide of modern computing.

***************

Voyager still kicking it after 40+ years and 55 billlion miles away

Meanwhile my phone freezes once a day and my laptop thinks I’m in Japan

Posted by: The Grounded Unvaxxed and Unmasked Ranger at April 30, 2024 11:14 AM (VTu1l)

58 2 Yesss! Hey, CBD. I cull the otters.
Posted by: Bulgaroctonus at April 30, 2024 11:01 AM (9yWhg)

From the river(s) to the sea(s)...

Posted by: Darrell Harris at April 30, 2024 11:14 AM (9miN6)

59 It's not just Boeing. It's almost every major company. They have all cut costs through some combination of downsizing, off-shoring, out-sourcing, using cheaper contractors, buying cheaper drugs and whores for the C-Suites, and basically every other accounting gimmick and trick.

In many cases, there actually was fat to be trimmed, and the overall quality wasn't noticeably affected, or the products or services were such that a drop in quality wouldn't be easily noticed.

In other cases, such as Boeing, it's been catastrophic.

Posted by: Elric Blade at April 30, 2024 11:15 AM (iFTx/)

60 It's amusing to me that the "PROFIT ABOVE ALL!!!" MBAs have ensured that the profits disappear.

It's also why you shouldn't have people who don't intimately know your business to RUN your business. Because they will only think about the short time they plan on being at your business.

We've had 40+ years of stupidity in both our government and our business, with the opinion of "in the long run, we're all dead!"

Well, the long run is here now. Reap the whirlwind. (And the rest of us will as well.)

Posted by: Formerly Virginian at April 30, 2024 11:15 AM (N1tpc)

61 CBD, a suggestion for adding to the sidebar:

"Someone at UCLA set up a giant screen across from the protesters with the October 7th attack playing on loop"

https://notthebee.com

Posted by: m at April 30, 2024 11:15 AM (o3SCB)

62 A debt market is the market for bonds and notes.

A company issues a bond (basically a promise to pay), and someone buys it (in increments of 1k-19k). Then that buyer might want to sell it on the secondary market, for various reasons.

The debt market is much larger than the stock market, by value.
At least it used to be

Posted by: Deplorable Ian Galt at April 30, 2024 11:15 AM (ufFY8)

63 The economy has been, basically, monotonically increasing for 40 years. Do you have any idea the kind of rampant fuckery that would be required to jigger that up?

-- C-Suite folks verifying that their golden parachute doesn't include company stock
Posted by: I used to have a different nic at April 30, 2024 11:10 AM (T7iTv)
++++
Yup. The games have been hot and heavy since Nixon and they've getting ever more absurd and insane, and sticksave after sticksave have been exhausted. The biggest - and likely final - is petering out now in real time (the ability to sequester excess monetary and credit emissions in international trade flows).

The end of a credit cycle is brutal, and the more fuckery that has gone on (or goes on) to extend it, the worse it gets. You can reduce the frequency of events, but you do so at the expense of increasing their amplitude. Had we taken our medicine in the 70s and said, "nope, we can't afford this anymore" we'd be better off today. We didn't. We cheated. We've been cheating for decades, and so has everyone else.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:15 AM (HnUIn)

64
Whenever I see a goal to do 'X' by 2030 or 2035 I know that this is something set by a globalist organization, such as the U.N., WEF, or other. Yes, the corporations are pressured by the US government, but they are also pressured by foreign leaders as well as peer pressure from other CEOs - if they aren't already happily embracing all this woke/climate change crap already.

Posted by: Lizzy



Note that the G20 has agreed to outlaw coal by 2035 this week. I don't recall voting for this, or voting for anyone who agreed to it.

Posted by: Thomas Paine at April 30, 2024 11:15 AM (lTGtQ)

65
Old and busted: corporations use money to manufacture products.

New and shiny: corporations use products to manufacture money.

Posted by: Hadrian the Seventh at April 30, 2024 11:15 AM (sbLLr)

66 The software design of the new 737 was poorly done

*sniff* *sniff* smells like agile

Posted by: anachronda at April 30, 2024 11:15 AM (v3pYe)

67 Naming that tiny test return capsule Starliner; a thing that was intended to compete with Musk's rockets (which they don't have) and return capsule which was already operational was fool hardy then failing was icing on the cake.

Posted by: Braenyard - Dreamliner is more like it at April 30, 2024 11:16 AM (lCWOD)

68 These two carbon units walk into a bar.

Posted by: Humphreyrobot at April 30, 2024 11:16 AM (J8LnB)

69 Of note, Costco refuses to hire outside executives to run their business.

You have to have worked up through the business at Costco.

I don't know of any other major corporation that does that.

Posted by: Formerly Virginian at April 30, 2024 11:16 AM (N1tpc)

70 “…the reality based transportation field.” Heh! That is some concise mockery and humor. I love it.

Posted by: Buck Throckmorton at April 30, 2024 11:16 AM (W76kZ)

71 Boeing's quality problems started more than 25 years ago.

The McDonnell merger was closer to 30 years ago. The Big Govt move to Chicago was 20 years ago. That was mentioned here, but most waved the flag and chanted the mantra. What we're seeing now is a lynch mob caused by commenters realizing how wrong they were for so long, and trying to yell over it.

Posted by: Way, Way Downriver at April 30, 2024 11:16 AM (zdLoL)

72 Wow, what level of membership scores you post-side COB assistance?
Posted by: Zombie Robbo the Llama Butcher at April 30, 2024 11:07 AM (T+Iwg)


Depends on whether it's "before post 100" on the art thread or not... and how you define "assistance".

Posted by: I used to have a different nic at April 30, 2024 11:16 AM (T7iTv)

73 An article I read about Boeing's descent related that a new CEO decided that all the technically proficient people making their planes were too expensive, and started hiring idiots off the street because they were cheaper. Now, I take a back seat to nobody in my contempt for unions, but in a business where a bad product kills people, lots of them, this is galactic level stupidity. Obviously, you want to get rid of the parasite unions, but you don't do it by hiring morons.
Posted by: Archimedes at April 30, 2024 11:14 AM (CsUN+)
---
Bean counters should *not* have the final say in matters that are literally life and death.

Posted by: "Perfessor" Squirrel at April 30, 2024 11:17 AM (7fElN)

74 Hey have they got rid of Biden and Kamala yet? She's so unpopular!!!

Posted by: ... at April 30, 2024 11:17 AM (LH3Hv)

75
To the MBAs, a plane is a widget is a sausage.

Posted by: Hadrian the Seventh at April 30, 2024 11:17 AM (sbLLr)

76 *sniff* *sniff* smells like agile
Posted by: anachronda at April 30, 2024 11:15 AM (v3pYe)
-

GCAS? Feature-out. Seattle's pride parade is a pop-up we have to focus on!

Posted by: reason at April 30, 2024 11:18 AM (s3On1)

77 These two carbon units walk into a bar.

Posted by: Humphreyrobot at April 30, 2024 11:16 AM (J8LnB)

Hey, anybody here got a "carbonator"...a Soda Stream or some such?....Like it? Use it?

Posted by: BignJames at April 30, 2024 11:18 AM (AwYPR)

78 In many cases, there actually was fat to be trimmed, and the overall quality wasn't noticeably affected, or the products or services were such that a drop in quality wouldn't be easily noticed.

In other cases, such as Boeing, it's been catastrophic.


Those companies should have had people whose jobs were to ensure that quality wasn't affected, and competence was ensured. To make extra sure, they would all work together in one place. We could call those people the C-Suite.

Posted by: Archimedes at April 30, 2024 11:19 AM (CsUN+)

79 Of note, Costco refuses to hire outside executives to run their business.

You have to have worked up through the business at Costco.

I don't know of any other major corporation that does that.
Posted by: Formerly Virginian


Costco seems like a pretty sensible company, for now. No DIE from them yet.

Posted by: Bulgaroctonus at April 30, 2024 11:19 AM (9yWhg)

80 Get ready for your new George Floyds. A stolen car with 4 black teenagers in it, 3 of whom had warrants and 2 of whom were wearing ankle monitors, was PIT maneuvered into a concrete pole by Florida Highway Patrol at over 110 MPH and all 4 died.

The media is omitting all of the useful detail and showing their elementary school photos as usual. They really do only have one plan for election years.

Posted by: Ian S. at April 30, 2024 11:19 AM (2ocoG)

81 "Mamala" has no children because she swallowed all the seeds.

Posted by: Suck-starting a Diesel at April 30, 2024 11:19 AM (V5BDR)

82 Trump find on contempt! would do be placed on fucking jail! american justice against traitors!!!!

Posted by: Sid likes to diddle little boys at April 30, 2024 11:19 AM (x1SVA)

83 >>Note that the G20 has agreed to outlaw coal by 2035 this week. I don't recall voting for this, or voting for anyone who agreed to it.


Exactly!
And. . . yikes, WTF?!?!

2035 is going to be a magical year!! /sarc

Posted by: Lizzy at April 30, 2024 11:20 AM (cCVOS)

84 Of note, Costco refuses to hire outside executives to run their business.

You have to have worked up through the business at Costco.

I don't know of any other major corporation that does that.
Posted by: Formerly Virginian at April 30, 2024 11:16 AM (N1tpc)
++++
It's rare, and honestly, it's rare for a reason. There is a benefit to bringing in "new blood" and that is the basis of the sensible - albeit distant - root of the "diversity is our strength" mantra.

An outsider might be able to see what you literally *can't* see, because you don't know how to see it because you only know what you know and all your experience is in how it has always been. This is called "idiosyncratic risk" and it can be managed through occasional infusion of outside knowledge and experience.

Bringing in outsiders has risks, too. It's all about balancing those risks. Costco has done a pretty good job of it.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:20 AM (HnUIn)

85 I remember reading about Southwest Airlines and how it initially was run by people who actually built or worked on the planes in some fashion

Then eventually management got replaced by accountants who knew fuck all about planes and just looked at numbers to crunch out a profit in every conceivable cut corner way

Then lop on 800 pound wide load land whales getting extra seats for free while paying customers get booted and low and behold here’s another airline in crisis

Magic

Posted by: The Grounded Unvaxxed and Unmasked Ranger at April 30, 2024 11:20 AM (VTu1l)

86 Posted by: Sid at April 30, 2024 11:19 AM (x1SVA)

=======

In what way is he a traitor? Selling American stockpiles of uranium to Russia variety?

But sure, let's Nelson Mandela him. That'll turn the people against him.

Great plan.

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 11:20 AM (GBKbO)

87 Not exactly. There isn't all that much taxpayer money involved in this scheme, at least not directly.

The big funds have lots of access to capital, and can command better interest rates than most others. Some of that is due to political connections, and they can call in (or buy outright) favors from government types.

But it all runs on cheap money, crucially that the funds' access to money is cheaper than *your* access to money, which allows them to outbid you. I suspect this strategy is running out of runway. Rates will kill them, too.
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:12 AM (HnUIn)
_________

There has been a mad rush in big hedge-fund capital -- and other loosely-regulated capital -- over the last 5 years or so to buy up any assets considered distressed or undervalued. It was the Big New Thing and money flowed into these funds.

I don't think it was well thought-out and, to my knowledge, none of these schemes have panned out. I'm skeptical that the big real estate play will be any different. The spike in interest rates is not helping. The play will, however, contribute to the general fucking-over of vast numbers of normal people looking to buy homes.

Posted by: Elric Blade at April 30, 2024 11:21 AM (iFTx/)

88 it was all downhill after Braniff folded

Posted by: yikes at April 30, 2024 11:21 AM (us2H3)

89 ...Boeing has lost its way, just like many American corporations that value a progressive, Woke, "Just" culture over the old cultures of competence and great products that drove American manufacturing for 100 years...

Boeing didn't make this decision unilaterally. Summing up American business in the first three quarters of the 20th century, Milton Friedman said that the main job of business is to maximize profit while selling a superior product, and let the do-gooders use the charitable contributions to improve society. One by one, America's business schools repudiated that simple precept by saying it was the corporations' job to improve society for all 'stakeholders'. First the MBAs, and then the McKinseys all told corps that this was the way to go. Education went woke first, and then infected society by educating people in the commanding heights of society. Boeing had to follow suit.

Posted by: Darrell Harris at April 30, 2024 11:21 AM (9miN6)

90 Timeline for the door blow out.

The door itself was made in Malaysia and shipped to Spiritus in Kansas.

The door was installed in the fuselage in Kansas and then the whole fuselage was shipped to Boeing.

Boeing did a QC check and found that some rivets next to the door were not correctly positioned so told Spiritus to fix them.

After the problem was fixed Boeing did another QC to find in fact the problem was not fixed. Spiritus admitted they had merely painted over the rivets but while doing this said they had damaged the plug door seal.

Boeing had two options to replace the seal. One would generate paperwork. Other wouldn't. They chose Option B, replaced the torn seal, and as Boeing photos have shown forgot to reinstall the four lock bolts.

Posted by: Anna Puma at April 30, 2024 11:21 AM (/Xhke)

91 A stolen car with 4 black teenagers in it, 3 of whom had warrants and 2 of whom were wearing ankle monitors, was PIT maneuvered into a concrete pole by Florida Highway Patrol at over 110 MPH and all 4 died.


Posted by: Ian S. at April 30, 2024 11:19 AM (2ocoG)

Were they wearing seatbelts?....I bet not.

Posted by: BignJames at April 30, 2024 11:21 AM (AwYPR)

92 Boeing is not your father's Oldsmobile

Posted by: Azjaeger at April 30, 2024 11:22 AM (q7BoT)

93 Costco is the one store I can think of where would actually be devastated if they ever closed.

I still miss Sears honestly. I have a Kenmore standup freezer from 2002 that is still chugging.

Posted by: ... at April 30, 2024 11:22 AM (LH3Hv)

94 Hey, anybody here got a "carbonator"...a Soda Stream or some such?....Like it? Use it?

I have a SodaStream. The various flavors of soda are pretty good, plus you can do things like carbonated orange juice that's fun.

The bonus is that it's made by an Israeli company. Famously, they were forced to fire all of their Palestinian employees because the factory was on "settler territory" and they were going to be banned by Obama and the EU otherwise. It's almost like these activists don't actually care about the Palestinians.

Posted by: Ian S. at April 30, 2024 11:22 AM (2ocoG)

95 ++++
But it makes the Party happy, and the executives can rest assured that the enterprise is Too Big to Fail. If the worst happens, they'll be bailed out. The executives may (probably will) lose their jobs in the process, but they can ride off into the sunset with a fair chunk of the formerly successful corporation's capital and then go into another C-suite or the consulting racket.
Posted by: Joe Mannix (Not a cop!)
------------------------

Boeing will lumber along like Microsoft maintaining its existence by buying up the competition. Unlike Microsoft there is Airbus and if they choose to enter the market Embraer.

Posted by: Braenyard - Dreamliner is more like it at April 30, 2024 11:22 AM (lCWOD)

96 Boeing could tap bond markets to get ahead of more than $12 billion in combined debt coming due in 2025 and 2026.

"We can't repay our loans. Could we borrow some money from you?" is just the marketing pitch I wanted to hear! Where can I sign up?

Posted by: t-bird at April 30, 2024 11:22 AM (OkFiN)

97 Slight mistake in your narrative there. They are moving AWAY from a profit driven culture. DEI explicitly places profit as a low priority objective due to their heavy socialist influences.

Posted by: Earl Schlobodowicz at April 30, 2024 11:23 AM (P7Iz+)

98
it was all downhill after Braniff folded
Posted by: yikes at April 30, 2024 11:21 AM (us2H3)

__________

After Allegheny vanished.

Posted by: Hadrian the Seventh at April 30, 2024 11:23 AM (sbLLr)

99 They had bad teachers in Gaza.
They teach death.
Same teachers here.

Posted by: Humphreyrobot at April 30, 2024 11:23 AM (J8LnB)

100 A stolen car with 4 black teenagers in it, 3 of whom had warrants and 2 of whom were wearing ankle monitors, was PIT maneuvered into a concrete pole by Florida Highway Patrol at over 110 MPH and all 4 died.

Posted by: Ian S.


So, anyway, did anyone see the new ad about an oven cleaner?

Posted by: rickb223 at April 30, 2024 11:23 AM (9wVL0)

101 Remember "clean natural gas" and "clean coal"?

Yeah so that was a lie.

Posted by: ... at April 30, 2024 11:23 AM (LH3Hv)

102 The biggest - and likely final - is petering out now in real time (the ability to sequester excess monetary and credit emissions in international trade flows).

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:15 AM (HnUIn)


Enter the new BRICS currency...

https://youtu.be/M0JVAxrlA1A

Posted by: I used to have a different nic at April 30, 2024 11:23 AM (T7iTv)

103 >>A stolen car with 4 black teenagers in it, 3 of whom had warrants and 2 of whom were wearing ankle monitors, was PIT maneuvered into a concrete pole by Florida Highway Patrol at over 110 MPH and all 4 died.


Cue Obama telling us it's easier for inner city youth to steal a car then get books, so this is somehow OUR fault.

Posted by: Lizzy at April 30, 2024 11:24 AM (cCVOS)

104 83 >>Note that the G20 has agreed to outlaw coal by 2035 this week. I don't recall voting for this, or voting for anyone who agreed to it.


Exactly!
And. . . yikes, WTF?!?!

2035 is going to be a magical year!! /sarc


surprised they didn't go for 2038 so we can enjoy the collapse of the grid while we're also enjoying the collapse of the 32-bit time_t.

Posted by: anachronda at April 30, 2024 11:24 AM (v3pYe)

105 What’s a few thousand airline deaths in the big scheme of things? Every revolution has casualties right?

Posted by: Montec at April 30, 2024 11:24 AM (Y6Wgg)

106 it was all downhill after Braniff folded
Posted by: yikes


The big red bird with the brass ass.

Posted by: rickb223 at April 30, 2024 11:24 AM (9wVL0)

107 68 These two carbon units walk into a bar.
Posted by: Humphreyrobot
---------------

I know, meat, right?

Posted by: Braenyard at April 30, 2024 11:24 AM (lCWOD)

108 ... I don't think it was well thought-out and, to my knowledge, none of these schemes have panned out. I'm skeptical that the big real estate play will be any different. The spike in interest rates is not helping. The play will, however, contribute to the general fucking-over of vast numbers of normal people looking to buy homes.
Posted by: Elric Blade at April 30, 2024 11:21 AM (iFTx/)
++++
I am of a similar opinion. The distortions they are causing in certain local markets are real, but they will not last forever.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:24 AM (HnUIn)

109 104 83 >>Note that the G20 has agreed to outlaw coal by 2035 this week. I don't recall voting for this, or voting for anyone who agreed to it.


Has anyone told China ?

Posted by: It's me donna at April 30, 2024 11:24 AM (Akjoo)

110 95 Boeing will lumber along like Microsoft maintaining its existence by buying up the competition. Unlike Microsoft there is Airbus and if they choose to enter the market Embraer.

tanned, rested, and ready

Posted by: sukhoi at April 30, 2024 11:24 AM (v3pYe)

111 "DEI explicitly places profit as a low priority objective"

We have billions. We could afford to burn some for social justice.

Posted by: Ribbed at April 30, 2024 11:25 AM (IHRQq)

112
See Microsoft Windows

Every time I deal with an issue on Windows I can almost literally smell the elephant shit wafting off the code

Posted by: The Grounded Unvaxxed and Unmasked Ranger at April 30, 2024


I've been using a Linux variant for so long that someone used the acronym BSOD recently and I had to look it up. I had forgotten all about the blue screen of death.

Posted by: Divide by Zero at April 30, 2024 11:25 AM (RKVpM)

113 Oh and did you know that EU has already outlawed projector lamps because they contain, get this, mercury.

Yep. The same people who forced the mercury bulbs on us in the first place seem to have conveniently noticed that mercury is bad.

They are truly the scum of the planet.

Posted by: ... at April 30, 2024 11:25 AM (LH3Hv)

114 The imbecile I mentioned before, that was Sid.

Posted by: Xipe Totec at April 30, 2024 11:25 AM (pohLc)

115 Trump found in contempt! WILL be placed in fucking JAIL! American justice against traitors!!!!

Posted by: Sid


I don't usually quote Sid, but I was compelled to point out that Sid is apparently now on the Trump train. People know a kangaroo court when they see one, and this will do nothing but help Trump. Think back on all those civil rights protesters who were proud of having been arrested and jailed (even Joe Biden - in his imagination). Trump is now a martyr. Well done, lefties.

Posted by: Archimedes at April 30, 2024 11:25 AM (CsUN+)

116 stolen car with 4 black teenagers in it, 3 of whom had warrants and 2 of whom were wearing ankle monitors, was PIT maneuvered into a concrete pole by Florida Highway Patrol at over 110 MPH and all 4 died.



It’s Toyota’s fault for making the cars so easy to steal.

Posted by: Montec at April 30, 2024 11:25 AM (Y6Wgg)

117 Hey, anybody here got a "carbonator"...a Soda Stream or some such?....Like it? Use it?
Posted by: BignJames at April 30, 2024 11:18 AM (AwYPR)


I have a Soda Stream. Like it and use it.

Posted by: I used to have a different nic at April 30, 2024 11:25 AM (T7iTv)

118 Commenting present

Posted by: Skip at April 30, 2024 11:25 AM (t+cmM)

119 It's not "just" the manufacturing of jets or whatever. It's the fact that woke is now in every facet of technology and engineering. That doesn't bode well for civilization down the road that will depend on infrastructure designed and built by the "Didn't Earn It" culture and a follow-on culture that can't maintain it.

Hell, even now finding someone competent to work on a small engine or home appliance is becoming a chore. And I'll note that the competent ones are as old as I am.

Posted by: Martini Farmer at April 30, 2024 11:25 AM (Q4IgG)

120 >>I don't think it was well thought-out and, to my knowledge, none of these schemes have panned out. I'm skeptical that the big real estate play will be any different. The spike in interest rates is not helping. The play will, however, contribute to the general fucking-over of vast numbers of normal people looking to buy homes.

There's a guy on twitter who is in the commercial real estate market and he's been posting some recent transactions. Just the other day a hotel complex in DC or NYC (I forgot which dump) that was in a foreclosure auction valued at $85 million went to the note holder for a price of $18 million.

There are examples like this happening in cities across the country. Commercial real estate in major cities is getting crushed as people and companies are fleeing cities.

Posted by: JackStraw at April 30, 2024 11:26 AM (LkLld)

121
The Carboxyclipse!

Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars (TM) at April 30, 2024 11:27 AM (xG4kz)

122 I noted that Boeing's "Starliner" capsule is set to return from the ISS via a "hard landing" in the American southwest on May 6.
One wonders just how hard a landing it will be.

Posted by: Tom Servo at April 30, 2024 11:27 AM (i9ffA)

123 80 Get ready for your new George Floyds. A stolen car with 4 black teenagers in it, 3 of whom had warrants and 2 of whom were wearing ankle monitors, was PIT maneuvered into a concrete pole by Florida Highway Patrol at over 110 MPH and all 4 died.

The media is omitting all of the useful detail and showing their elementary school photos as usual. They really do only have one plan for election years.
Posted by: Ian S.
---------
I can't breathe is a better slogan than I can't drive.

Posted by: whig at April 30, 2024 11:27 AM (peJ7P)

124 Jailing Trump might be problematic... Do his SS go with him ? maybe they would give him home detention.. He'd like that

Posted by: It's me donna at April 30, 2024 11:27 AM (Akjoo)

125 Slight mistake in your narrative there. They are moving AWAY from a profit driven culture. DEI explicitly places profit as a low priority objective due to their heavy socialist influences.

Posted by: Earl Schlobodowicz at April 30, 2024 11:23 AM (P7Iz+)

True, but they believe that corporate profits can be maintained by cutting manufacturing, engineering, and design costs.

They are wrong.

Posted by: CharlieBrown'sDildo at April 30, 2024 11:27 AM (d9fT1)

126 Boeing will lumber along like Microsoft maintaining its existence by buying up the competition. Unlike Microsoft there is Airbus and if they choose to enter the market Embraer.

*cues Jaws theme*

Posted by: COMAC at April 30, 2024 11:28 AM (CsUN+)

127 Posted by: Ian S. at April 30, 2024 11:22 AM (2ocoG)


Posted by: I used to have a different nic at April 30, 2024 11:25 AM (T7iTv)

thanks!

Posted by: BignJames at April 30, 2024 11:28 AM (AwYPR)

128 One wonders just how hard a landing it will be.

Posted by: Tom Servo at April 30, 2024 11:27 AM (i9ffA)

Rapid Unplanned Disassembly.

Posted by: CharlieBrown'sDildo at April 30, 2024 11:28 AM (d9fT1)

129 Enter the new BRICS currency...

https://youtu.be/M0JVAxrlA1A
Posted by: I used to have a different nic at April 30, 2024 11:23 AM (T7iTv)
++++
I'm not buying it. It could happen, I suppose, but I doubt it will last long if it happens at all.

This is still fighting the last war. "The reserve and settlement currency is under distress, so what will be the new one to replace it" is probably the wrong way to look at it.

I would bet that there won't be a next one. Reserves and international trade settlement will not follow the existing structure. It will be mutli-lateral instead. A bunch of currencies and probably also a commodities mix will be involved. Baskets of stuff, determined by the counterparties. Some will rise to be general-purpose, but I doubt there will be a single means anymore.

The IMF has schemed this for years with their Special Drawing Right (SDR) scheme, which is a psuedo-currency backed by a bunch of currencies. Like most of the globalists, the IMF will see their vision come to fruition, and won't like it very much because they aren't going to be running it.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:29 AM (HnUIn)

130 >>>Those companies should have had people whose jobs were to ensure that quality wasn't affected, and competence was ensured. To make extra sure, they would all work together in one place. We could call those people the C-Suite.
Posted by: Archimedes
------------------------------

You don't need unions but you need competent people and programs. Allowing bean counters authority over that is certain failure.

Posted by: Braenyard at April 30, 2024 11:29 AM (lCWOD)

131 Boeing will lumber along like Microsoft maintaining its existence by buying up the competition. Unlike Microsoft there is Airbus and if they choose to enter the market Embraer.
======

The innovation and production at Airbus is something that Boeing can only dream of at this point.

Posted by: BruceWayne at April 30, 2024 11:29 AM (CIS44)

132 Engineering school was harder 30 years ago, but still too hard for DEI candidates.

Posted by: Xipe Totec at April 30, 2024 11:29 AM (pohLc)

133 112 I've been using a Linux variant for so long that someone used the acronym BSOD recently and I had to look it up. I had forgotten all about the blue screen of death.

just wait until you see mine!

Posted by: systemd at April 30, 2024 11:29 AM (v3pYe)

134 There has been a mad rush in big hedge-fund capital -- and other loosely-regulated capital -- over the last 5 years or so to buy up any assets considered distressed or undervalued. It was the Big New Thing and money flowed into these funds.

Posted by: Elric Blade at April 30, 2024 11:21 AM (iFTx/)


Saw a video the other day which opined that these were a genius idea... right up until the 2nd one entered the scene. Now they're bidding against each other to get the "distressed" assets... which raises the price and they're frequently too stupid to bow out when the price gets too high.

Posted by: I used to have a different nic at April 30, 2024 11:30 AM (T7iTv)

135 Hell, even now finding someone competent to work on a small engine or home appliance is becoming a chore. And I'll note that the competent ones are as old as I am.
Posted by: Martini Farmer


searshomeservices.com (seriously)
870-953-2094

They work on everything.

Posted by: rickb223 at April 30, 2024 11:30 AM (9wVL0)

136 There are examples like this happening in cities across the country. Commercial real estate in major cities is getting crushed as people and companies are fleeing cities.

Posted by: JackStraw


There is a huge crash coming in CRE. I am frankly surprised it hasn't crashed yet, though I am sure it would not be reported on outside of the financial networks.

Plus, JP Morgan and Wells just wrote off over a billion in unrecoverable credit card debt.

Posted by: Thomas Paine at April 30, 2024 11:30 AM (lTGtQ)

137 There's a guy on twitter who is in the commercial real estate market and he's been posting some recent transactions. Just the other day a hotel complex in DC or NYC (I forgot which dump) that was in a foreclosure auction valued at $85 million went to the note holder for a price of $18 million.

There are examples like this happening in cities across the country. Commercial real estate in major cities is getting crushed as people and companies are fleeing cities.


The best one is the office building in St. Louis, which sold for $205 M in 2006, then for $3.6 M in 2024.

https://tinyurl.com/mryuf36t

Posted by: Archimedes at April 30, 2024 11:31 AM (CsUN+)

138 118 Commenting present

no wrapping paper? no nice little bow? not much of a present.

Posted by: anachronda at April 30, 2024 11:31 AM (v3pYe)

139 Will Boeing be the White Star Line of the 21st Century?

Posted by: Anna Puma at April 30, 2024 11:31 AM (/Xhke)

140 >>Plus, JP Morgan and Wells just wrote off over a billion in unrecoverable credit card debt.

They just write it off, Jerry.

Posted by: JackStraw at April 30, 2024 11:32 AM (LkLld)

141 Ubuntu

I should learn Ubuntu

Posted by: The Grounded Unvaxxed and Unmasked Ranger at April 30, 2024 11:32 AM (VTu1l)

142 121 The Carboxyclipse!

carbon acropolis > carboxyclipse

Posted by: anachronda at April 30, 2024 11:32 AM (v3pYe)

143 I have a SodaStream. The various flavors of soda are pretty good, plus you can do things like carbonated orange juice that's fun.

Posted by: Ian S. at April 30, 2024 11:22 AM (2ocoG)


Be sure to read the fine print carefully. Some of them cannot carbonate anything other than plain water so attempting to do something like OJ will make a huge mess.

Posted by: I used to have a different nic at April 30, 2024 11:33 AM (T7iTv)

144 Imagine being the lien holder for a hotel, mall or other business in San Francisco.

Whole areas of that city are a wasteland (literally and figuratively.)

Posted by: Martini Farmer at April 30, 2024 11:33 AM (Q4IgG)

145 You don't need unions but you need competent people and programs. Allowing bean counters authority over that is certain failure.

Posted by: Braenyard


Precisely.

Posted by: Archimedes at April 30, 2024 11:33 AM (CsUN+)

146 "We are, essentially, a fascist country now...
We have been for at least a hundred years or more.
Take a look at your government buildings and architecture in the Capitol. See all those bundles of reeds held together with straps? Like in the interior rooms of the Senate, for instance.
What do you think they symbolize?

Posted by: gourmand du jour at April 30, 2024 11:33 AM (MeG8a)

147 stolen car with 4 black teenagers in it, 3 of whom had warrants and 2 of whom were wearing ankle monitors, was PIT maneuvered into a concrete pole by Florida Highway Patrol at over 110 MPH and all 4 died.



It’s Toyota’s fault for making the cars so easy to steal.
Posted by: Montec at April 30, 2024 11:25 AM


Nah, it was the asphalt.

Posted by: RedMindBlueState at April 30, 2024 11:33 AM (Wnv9h)

148 ... There are examples like this happening in cities across the country. Commercial real estate in major cities is getting crushed as people and companies are fleeing cities.
Posted by: JackStraw at April 30, 2024 11:26 AM (LkLld)
++++
It's an unfolding disaster and it's going to involve a lot of consequences.

There are areas now - Seattle is an example - where decent (not top, just decent) office space in the suburbs is more expensive on a per-square-foot basis than office space in Class A buildings in the central business district. Some cities are so unappealing that businesses would rather spend more money to be somewhere else, even if still in the area.

And with the big reductions in value for commercial real estate will come a drop in local revenues, and the localities can't afford it.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:33 AM (HnUIn)

149 Commenting present
Posted by: Skip at April 30, 2024 11:25 AM (t+cmM)


Reading past

Posted by: Doof at April 30, 2024 11:34 AM (3r1VB)

150 134 There has been a mad rush in big hedge-fund capital -- and other loosely-regulated capital -- over the last 5 years or so to buy up any assets considered distressed or undervalued. It was the Big New Thing and money flowed into these funds.

Posted by: Elric Blade at April 30, 2024 11:21 AM (iFTx/)

Saw a video the other day which opined that these were a genius idea... right up until the 2nd one entered the scene. Now they're bidding against each other to get the "distressed" assets... which raises the price and they're frequently too stupid to bow out when the price gets too high.
Posted by: I used to have a different nic at April 30, 2024 11:30 AM (T7iTv)
__________

Yea, and a lot of the incentive to make the investments was the political pull the big funds had to make regulatory changes in the relevant markets. Buy up Asset X and then bribe the powers-that-be to make the regulatory environment more favorable.

It worked to some extent in some plays -- for example the funds buying up tens of thousands of NYC taxicab medallions -- but overall I think most if not all of these schemes ran headfirst into Biden's economy and big spikes in interest rates.

Posted by: Elric Blade at April 30, 2024 11:34 AM (iFTx/)

151 The best one is the office building in St. Louis, which sold for $205 M in 2006, then for $3.6 M in 2024.

https://tinyurl.com/mryuf36t

Posted by: Archimedes




$2.50 per square foot is a pretty good deal.

Posted by: Thomas Paine at April 30, 2024 11:34 AM (lTGtQ)

152 Take a look at your government buildings and architecture in the Capitol. See all those bundles of reeds held together with straps? Like in the interior rooms of the Senate, for instance.
What do you think they symbolize?
Posted by: gourmand du jour

Faggots?

Posted by: Tonypete at April 30, 2024 11:34 AM (WXNFJ)

153 151 $2.50 per square foot is a pretty good deal.
Posted by: Thomas Paine at April 30, 2024 11:34 AM (lTGtQ)

=======

Cleaning the blood stains from the carpet is a hidden price, though.

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 11:35 AM (GBKbO)

154 118 Commenting present
Posted by: Skip at April 30, 2024 11:25 AM (t+cmM)

Are you typing/deleting?

Posted by: m at April 30, 2024 11:35 AM (o3SCB)

155 I am also tapping the debt market for $10B. Unfortunately no takers so far.

Posted by: Weasel at April 30, 2024 11:35 AM (JwHpX)

156 It's a bit long, but here's an interesting article on a developer in NYC whose specialty is turning old office buildings into apartments geared towards young people starting out. Lack of sunlight is a particular issue.

https://tinyurl.com/3c7xsf5x

Posted by: Archimedes at April 30, 2024 11:35 AM (CsUN+)

157 It worked to some extent in some plays -- for example the funds buying up tens of thousands of NYC taxicab medallions -- but overall I think most if not all of these schemes ran headfirst into Biden's economy and big spikes in interest rates.
Posted by: Elric Blade at April 30, 2024 11:34 AM (iFTx/)
++++
Conspiring to corner a market is illegal, not that it matters.

But conspiracies to corner markets usually don't work out well for the conspirators, and that matters quite a bit more.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:35 AM (HnUIn)

158
I talked with a former Boeing employee regarding the window blowout fiasco and the growing distrust of Boeing products. He (mildly) protested that what was happening was piling on every little glitch in Boeing products.

First, a "glitch" that could knock an aircraft out of the sky isn't "little".

Second, had Boeing exercised sounder practices, they likely would not have this genesis event that is going to hurt them extremely badly in months to come.

How far from having power at Boeing are those who actually make the aircraft?

Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars (TM) at April 30, 2024 11:35 AM (xG4kz)

159 Ubuntu

I should learn Ubuntu

Posted by: The Grounded Unvaxxed and Unmasked Ranger




Probably better to learn esperanto.

Posted by: Thomas Paine at April 30, 2024 11:35 AM (lTGtQ)

160 The Left just went temporarily crazy in 2016. Once Trump goes away, everything will go back to normal.

Posted by: ... at April 30, 2024 11:36 AM (LH3Hv)

161 The IMF has schemed this for years with their Special Drawing Right (SDR) scheme, which is a psuedo-currency backed by a bunch of currencies. Like most of the globalists, the IMF will see their vision come to fruition, and won't like it very much because they aren't going to be running it.
Posted by: Joe Mannix


Ulitmate Reserve currency?

Gold. Then silver. Has been for 5,000 years.

Old habits die hard.

Posted by: rickb223 at April 30, 2024 11:36 AM (9wVL0)

162 141 Ubuntu

I should learn Ubuntu
Posted by: The Grounded Unvaxxed
------
Ubuntu is the corporate package of Linux but essentially it is GUI plus some Ubuntu specific software extensions over a particular linux distribution (Debian).

Even within Ubuntu, there is a cottage industry of alternative look and feel like Kbuntu, Cinnamon, and so on.

Want fairly boring dependability--Ubuntu LTS is what you want. Want bleeding edge performance, then look around as there are a LOT of linux distributions and at least one BSD (different flavor of unix for small computers and what Apple's GUI is based upon).

Posted by: whig at April 30, 2024 11:36 AM (peJ7P)

163 147 stolen car with 4 black teenagers in it, 3 of whom had warrants and 2 of whom were wearing ankle monitors, was PIT maneuvered into a concrete pole by Florida Highway Patrol at over 110 MPH and all 4 died.



It’s Toyota’s fault for making the cars so easy to steal.
Posted by: Montec at April 30, 2024 11:25 AM

Nah, it was the asphalt.
Posted by: RedMindBlueState at April 30, 2024 11:33 AM (Wnv9h)

I thought it was the stolen car's fault, b/c it wasn't an EV...although now maybe it's at fault just for being a car...

Posted by: Nova Local at April 30, 2024 11:36 AM (exHjb)

164 160 The Left just went temporarily crazy in 2016. Once Trump goes away, everything will go back to normal.
Posted by: ... at April 30, 2024 11:36 AM (LH3Hv)

=======

We just need a better candidate.

Also, Kavanaugh raped a chick and Romney gave a woman cancer.

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 11:36 AM (GBKbO)

165 Borrowing to enable consumption is death.
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:03 AM (HnUIn)


Mom's main dictum: when you are buying groceries on credit, you are in a serious hole.

Posted by: Kindltot at April 30, 2024 11:36 AM (D7oie)

166 It’s getting to where I might be better off buying commercial real estate and simply converting it into a residence instead of buying a house which Im now priced out of ever getting

It would be classy and luxurious

Posted by: The Grounded Unvaxxed and Unmasked Ranger at April 30, 2024 11:36 AM (VTu1l)

167 >>And with the big reductions in value for commercial real estate will come a drop in local revenues, and the localities can't afford it.

Well we do have 10 million newcomers to house. Maybe they can make a deal with the government to convert some of this space to government funded housing.

I wonder if anyone in our corrupt government has thought of this?

Posted by: JackStraw at April 30, 2024 11:36 AM (LkLld)

168 I read that there is a crossover problem, caused by un-same fonts, between Apache/Libre & Microsoft Office. Seems to be a big hurdle in attracting commercial use of Linux Distributions.

Posted by: Braenyard at April 30, 2024 11:37 AM (lCWOD)

169 Ulitmate Reserve currency?

Gold. Then silver. Has been for 5,000 years.

Old habits die hard.
Posted by: rickb223 at April 30, 2024 11:36 AM (9wVL0)
++++
If I had to bet, I think that it will have its place in the overall scheme. Commodities will part of settlement, and gold will be in those commodity baskets. Oil probably will, too. Agricultural products will also be represented if I had to guess.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:37 AM (HnUIn)

170 Note that the G20 has agreed to outlaw coal by 2035 this week. I don't recall voting for this, or voting for anyone who agreed to it.
-----------
Has anyone told China ?
Posted by: It's me donna at April 30, 2024 11:24 AM (Akjoo)


China would be happy to sign that agreement. Then they'd laugh their asses off that anyone was stupid enough to actually believe they meant it.

Posted by: I used to have a different nic at April 30, 2024 11:37 AM (T7iTv)

171 Boeing will be the Black Star Line of the 21st Century.

Posted by: Zombie Marcus Gravey at April 30, 2024 11:38 AM (V5BDR)

172 151 $2.50 per square foot is a pretty good deal.
Posted by: Thomas Paine at April 30, 2024 11:34 AM (lTGtQ)

=======

Cleaning the blood stains from the carpet is a hidden price, though.


Yup. It's in a "struggling" area, which pretty much describes all of St. Louis.

Posted by: Archimedes at April 30, 2024 11:38 AM (CsUN+)

173 It is sad what has become of Boeing. I used to work there as an engineer in the 90s. They were already a very diverse workforce without any DEI. Because they have so many employees in Everett, hiring women and minorities was a necessity, not some fad.

Posted by: Lemmiwinks at April 30, 2024 11:38 AM (cKlsY)

174 If there was protection for whistleblowers, you wouldn't believe what you would hear. Having worked for a supplier who built their avionics, I could tell you things. It's not just Boeing, the whole system is corrupt.

Posted by: Duh at April 30, 2024 11:38 AM (Ahg10)

175 170 China would be happy to sign that agreement. Then they'd laugh their asses off that anyone was stupid enough to actually believe they meant it.
Posted by: I used to have a different nic at April 30, 2024 11:37 AM (T7iTv)

=======

Would anyone actually believe that China meant it?

I mean, the other signatories. Not some randos on Twitter.

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 11:38 AM (GBKbO)

176 The best one is the office building in St. Louis, which sold for $205 M in 2006, then for $3.6 M in 2024.

https://tinyurl.com/mryuf36t
Posted by: Archimedes at April 30, 2024 11:31 AM (CsUN+)

I noted that one interim plan called for turning that tower into mostly residential units. That's a plan that always sounds wonderful, but is absolutely impractical in actual practice. Comes down to plumbing and electric wiring, there is no way to do that without completely gutting the property and rebuilding it from scratch; and at that cost you might as well demolish it and start from scratch.

Posted by: Tom Servo at April 30, 2024 11:39 AM (i9ffA)

177
A lot of talk about when it all started, but it's clear that the big jump to Fascism Classic (TM) began with adopting DEI Goals to improve the corporation's ESG Score.

ESG is simply a scam to steal corporate profits from stockholders and reinvestment to give to some leftist/commie org or greedy, corrupt politician.
And it gives cover to call this illegal(?) theft a technical sounding name.

You'd think stockholders would be suing over this grotesque misuse of funds/profits but ...nope.

This is not just Boeing either. Pretty much every major corp is all in on the ESG scam.

Posted by: naturalfake at April 30, 2024 11:39 AM (eDfFs)

178 It’s getting to where I might be better off buying commercial real estate and simply converting it into a residence instead of buying a house which Im now priced out of ever getting

It would be classy and luxurious


See my #156. It's not as simple as it seems.

Posted by: Archimedes at April 30, 2024 11:39 AM (CsUN+)

179 Take a look at your government buildings and architecture in the Capitol. See all those bundles of reeds held together with straps? Like in the interior rooms of the Senate, for instance.
What do you think they symbolize?
Posted by: gourmand du jour

Faggots?
Posted by: Tonypete at April 30, 2024 11:34 AM (WXNFJ)

From Kansas City ?

Posted by: JT at April 30, 2024 11:39 AM (T4tVD)

180 Ulitmate Reserve currency?

Gold. Then silver. Has been for 5,000 years.

Old habits die hard.
Posted by: rickb223
=========
My guess is that the coming std is more likely to be based on more useful commodities like energy. Can't really devalue a kilowatt for example and unlike mined products, energy can grow with the economy.

The gold and/or silver had its own devaluation and often mining discoveries or a sudden influx from invasion etc. created its own massive economic problems. Gold from the Americas deranged the Euro finances of Western Europe for example and massive silver deposits discovered in the Comstock lode caused panics aka depression during the 1890's where JP Morgan had to rescue a desperate Sec. of Treasury and President Grover Cleveland and the dollar.

Posted by: whig at April 30, 2024 11:40 AM (peJ7P)

181 Well we do have 10 million newcomers to house. Maybe they can make a deal with the government to convert some of this space to government funded housing.

I wonder if anyone in our corrupt government has thought of this?
Posted by: JackStraw at April 30, 2024 11:36 AM (LkLld)
++++
All the time. Reality gets in the way. Converting an office tower to a residential tower, or converting a big-box store to an apartment building, etc. is non-trivial to say the least. It isn't a matter of carving units out of the space. Big commercial buildings are built differently. HVAC, plumbing, power, etc. - major systems - aren't usually compatible with the residential scenario. They were never designed to be. Not to mention other stuff, like how the windows don't usually open.

This is one of those unbeatable schemes that breaks time and again on the rocks of reality.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:40 AM (HnUIn)

182 Ok, OK!

$5B

Posted by: Weasel at April 30, 2024 11:40 AM (JwHpX)

183 I noted that one interim plan called for turning that tower into mostly residential units. That's a plan that always sounds wonderful, but is absolutely impractical in actual practice. Comes down to plumbing and electric wiring, there is no way to do that without completely gutting the property and rebuilding it from scratch; and at that cost you might as well demolish it and start from scratch.

You also need to read the article at #156. It's quite interesting.

Posted by: Archimedes at April 30, 2024 11:40 AM (CsUN+)

184 I noted that one interim plan called for turning that tower into mostly residential units. That's a plan that always sounds wonderful, but is absolutely impractical in actual practice. Comes down to plumbing and electric wiring, there is no way to do that without completely gutting the property and rebuilding it from scratch; and at that cost you might as well demolish it and start from scratch.

Posted by: Tom Servo



Illegals are used to no electricity and defecating on the floor.

Posted by: Thomas Paine at April 30, 2024 11:40 AM (lTGtQ)

185 63
‘ Had we taken our medicine in the 70s’

I’m not following you here. I remember the 70s . Inflation and high unemployment. Was that the sickness that we needed medicine for?
If so, what medicine did we forget to take?

Posted by: Dr. Claw at April 30, 2024 11:40 AM (jbnUc)

186

I thought it was the stolen car's fault, b/c it wasn't an EV...although now maybe it's at fault just for being a car...
Posted by: Nova Local at April 30, 2024 11:36 AM (exHjb)

Cars were invented by white people. So it’s really structural racism to blame. The black thieves are the true victims here.

Posted by: Montec at April 30, 2024 11:41 AM (Y6Wgg)

187 We live(for now) relatively close to the Boeing large assembly plant in western WA. Most of the Boeing union stooges are some of the biggest assholes you'd ever want to meet. It doesn't matter what their skin color might be. We can't stand them. The old Boeing culture of hard work and exceptional quality was lost many years ago.

Posted by: Maj. Healey at April 30, 2024 11:41 AM (aFNOf)

188 " PIT maneuvered into a concrete pole by Florida Highway Patrol at over 110 MPH and all 4 died.---
Were they wearing seatbelts?....I bet not."

From the pics, seatbelts would not have mattered. NY Post headline plays up "one of them a beloved football player". Hint for black teens .. don't get in (especially stolen) cars with someone wearing an ankle monitor.

But with Trayvon and Gentle Giant Brown and Floyd as the chosen martyrs for black teens ... they are lead down this destructive path. Guns, drugs, and criminal gangs for the .. loss.

Posted by: illiniwek at April 30, 2024 11:42 AM (Cus5s)

189 181 Well we do have 10 million newcomers to house. Maybe they can make a deal with the government to convert some of this space to government funded housing.

I wonder if anyone in our corrupt government has thought of this?
Posted by: JackStraw at April 30, 2024 11:36 AM (LkLld)
++++
All the time. Reality gets in the way. Converting an office tower to a residential tower, or converting a big-box store to an apartment building, etc. is non-trivial to say the least. It isn't a matter of carving units out of the space. Big commercial buildings are built differently. HVAC, plumbing, power, etc. - major systems - aren't usually compatible with the residential scenario. They were never designed to be. Not to mention other stuff, like how the windows don't usually open.

This is one of those unbeatable schemes that breaks time and again on the rocks of reality.
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:40 AM (HnUIn)

It's usually cheaper and faster to destroy the box and start fresh...when you see partial mall conversions to luxury townhomes, this is what they did...

Posted by: Nova Local at April 30, 2024 11:42 AM (exHjb)

190 It's gotten to the point where this bikini redhead has serious qualms about air travel in general:
http://tiny.cc/mhrwxz

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:42 AM (HnUIn)

191 Even worse they began to worship at the alter of the Sustainable Organic Church of The Carbon Apocalypse.


SOCCA Moms are the worst.

Posted by: Stu Podaso at April 30, 2024 11:42 AM (93HLm)

192 Reality gets in the way. Converting an office tower to a residential tower, or converting a big-box store to an apartment building, etc. is non-trivial to say the least. It isn't a matter of carving units out of the space. Big commercial buildings are built differently. HVAC, plumbing, power, etc. - major systems - aren't usually compatible with the residential scenario. They were never designed to be. Not to mention other stuff, like how the windows don't usually open.



But it does happen regularly. In my burg there have been several conversions from retail and commercial to residential. In all cases the residential was high end, which I suppose it has to be to make profitable.

Posted by: Montec at April 30, 2024 11:43 AM (Y6Wgg)

193 It's usually cheaper and faster to destroy the box and start fresh...when you see partial mall conversions to luxury townhomes, this is what they did...
Posted by: Nova Local at April 30, 2024 11:42 AM (exHjb)
++++
Yup. Strip out every of value, sell it, knock it down, start again. One problem with utilitarian architecture - and commercial structures are usually utilitarian in their infrastructure design - is that it has no utility for any other purpose.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:43 AM (HnUIn)

194 190 It's gotten to the point where this bikini redhead has serious qualms about air travel in general:
http://tiny.cc/mhrwxz
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:42 AM (HnUIn)

========

Eyelashes that will bridge past and future, proving determinism either true or false. Schrodinger's eyelashes.

3/10

Would not bang.

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 11:43 AM (GBKbO)

195 The Left just went temporarily crazy in 2016. Once Trump goes away, everything will go back to normal.
Posted by: ... at April 30, 2024 11:36 AM (LH3Hv)


Nope. TDS covers up too many functional, social and financial failures. The hysteria is a rallying point for too many disparate grievance groups that need some joint focus to keep from tearing each other apart. If Trump were cast into the outer darkness tomorrow, the hysterical masses would find a new target.

It would be anyone that poked a head up to challenge the uniparty, or any countered any woke tenet, or generally anyone that stands out as unsupported or vulnerable, because to paraphrase Nietzsche, a witch hunt (or a lynching) hallows any cause.

Posted by: Kindltot at April 30, 2024 11:44 AM (D7oie)

196 Geez

Two of the Cat One issues on the KC-46 deal with the refueling cameras. As in the panoramic cameras can't easily pick out planes near the tanker. And the cameras used for refueling in 'dynamic lightning' conditions can suffer image wash out.

Two others deal with the refueling pipework. The main fuel line that runs the length of the 767 fuselage has flexible seals to account for any bending motion. Well the original seals if not installed correctly could leak. The other issue is part of the fuel line used to refuel the KC-46 itself could freeze and burst from water accumulation and leak fuel INTO the cockpit.

Posted by: Anna Puma at April 30, 2024 11:44 AM (/Xhke)

197 >>>Comes down to plumbing and electric wiring, there is no way to do that without completely gutting the property and rebuilding it from scratch; and at that cost you might as well demolish it and start from scratch.
Posted by: Tom Servo
----------------------------

Disagree. There's plenty of wiring. The plumbing (economically) will require a little creative architecture the main service is adequate.

Posted by: Braenyard at April 30, 2024 11:44 AM (lCWOD)

198 $2B is the smallest loan I will accept.

Final offer.

Posted by: Weasel at April 30, 2024 11:44 AM (JwHpX)

199 But it does happen regularly. In my burg there have been several conversions from retail and commercial to residential. In all cases the residential was high end, which I suppose it has to be to make profitable.
Posted by: Montec at April 30, 2024 11:43 AM (Y6Wgg)
++++
If the building is very good and has flexible infrastructure, it *can* be done, but it's not cheap. If they did it, they're either desirable old buildings (History! Charm! Character!) or it ended up being cheaper than scraping it rebuilding. And yeah, you'd better be able to move those units for a premium when you're finished.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:44 AM (HnUIn)

200 168 I read that there is a crossover problem, caused by un-same fonts, between Apache/Libre & Microsoft Office. Seems to be a big hurdle in attracting commercial use of Linux Distributions.
Posted by: Braenyard
=======
Not really--Microsux does shit to break compatibility every few years even with its own older products but their ability to do so is fading with alternative document formats like pdf.

The major problem that Linux has is that it can sometimes have issues at the desktop level with bleeding edge graphics cards, a lot of games, and with peripherals like printers, etc. Drivers for Linux are often underdeveloped and often require digging around in CLI to install them which most people haven't done in Microsoft since Windows came out.

Posted by: whig at April 30, 2024 11:44 AM (peJ7P)

201 But it does happen regularly. In my burg there have been several conversions from retail and commercial to residential. In all cases the residential was high end, which I suppose it has to be to make profitable.
Posted by: Montec at April 30, 2024 11:43 AM (Y6Wgg)

You also have to worry about water and sewage use (electrical tends to be more of a wash). You can't just plop extra homes where they weren't ever intended without checking for knock-on effects...

Posted by: Nova Local at April 30, 2024 11:45 AM (exHjb)

202 Every time it outsources part of its development cycle to a foreign country/foreign workers it degrades its brand and endangers its customers
Posted by: Lizzy

I am pleased for assist with your issue.

Posted by: "Greg" at the Bangalore Call Centre of Excellence at April 30, 2024 11:45 AM (oGyF9)

203 >>This is one of those unbeatable schemes that breaks time and again on the rocks of reality.

Yes, but not before billions of our tax dollars are lit on fire trying.

The one saving grace with all of the left's idiotic plans is that eventually they implode on themselves and do more damage than we could ever hope to do to them. Our "elite" universities are deep into this consequence as we speak.

Their woke idiocy is exposing the rot at those institutions and causing them severe longterm damage. The value of their real assets, highly sought after graduates, is plummeting. No sane company wants these woke morons and that is going to drive down their elite status and ability to charge insane tuition fees. Won't happen overnight but the bloom is clearly off that rose.

Posted by: JackStraw at April 30, 2024 11:45 AM (LkLld)

204 Yea, and a lot of the incentive to make the investments was the political pull the big funds had to make regulatory changes in the relevant markets. Buy up Asset X and then bribe the powers-that-be to make the regulatory environment more favorable.

It worked to some extent in some plays -- for example the funds buying up tens of thousands of NYC taxicab medallions -- but overall I think most if not all of these schemes ran headfirst into Biden's economy and big spikes in interest rates.
Posted by: Elric Blade at April 30, 2024 11:34 AM (iFTx/)

True. However, even the taxicab plays didn't ultimately work out. Once Uber and Lyft became ubiquitous, those companies collapsed.

Posted by: Darrell Harris at April 30, 2024 11:46 AM (9miN6)

205 My guess is that the coming std is more likely to be based on more useful commodities like energy. Can't really devalue a kilowatt for example and unlike mined products, energy can grow with the economy.

The gold and/or silver had its own devaluation and often mining discoveries or a sudden influx from invasion etc. created its own massive economic problems. Gold from the Americas deranged the Euro finances of Western Europe for example and massive silver deposits discovered in the Comstock lode caused panics aka depression during the 1890's where JP Morgan had to rescue a desperate Sec. of Treasury and President Grover Cleveland and the dollar.
Posted by: whig



I'll give you two watts or a silver dollar for your loaf of bread.

Which one you taking? If it crashes that hard that the us dollar is no longer the reserve currency, no paper anything will be worth anything. No bearer bonds, no "certificates". Nada.

What's in hand will count. And it will take a hella long time to build that trust back b

Posted by: rickb223 at April 30, 2024 11:46 AM (9wVL0)

206 Would anyone actually believe that China meant it?

I mean, the other signatories. Not some randos on Twitter.
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 11:38 AM (GBKbO)


They will believe what their paymasters tell them to believe. Same as always.

Posted by: I used to have a different nic at April 30, 2024 11:46 AM (T7iTv)

207 Would hit like Titanic on iceberg

Posted by: ... at April 30, 2024 11:46 AM (LH3Hv)

208 I am also tapping the debt market for $10B. Unfortunately no takers so far.
Posted by: Weasel at April 30, 2024 11:35 AM


Reconsider adding "free-range" to the organic tree farm description?

Even better, lease each tree as a carbon-sequestering unit!

It's gold, Weasel, gold!

Posted by: Duncanthrax at April 30, 2024 11:46 AM (a3Q+t)

209 $2B is the smallest loan I will accept.

Final offer.
Posted by: Weasel

Deal

Posted by: Miklos has plenty of both Turkish old lira and Yugoslav dinars at April 30, 2024 11:47 AM (oGyF9)

210 But it does happen regularly. In my burg there have been several conversions from retail and commercial to residential. In all cases the residential was high end, which I suppose it has to be to make profitable.
Posted by: Montec at April 30, 2024 11:43 AM (Y6Wgg)

It's possible, if the market is hot enough to support it. In the New York developer's story linked above, he talks about building 571 units in a large office building. Well, that means adding 571 bathrooms and 571 kitchens, and that means not just plumbing but drainlines for 571 bathrooms all the way down to the local sewer hook up under the building, which one can only hope is large enough to handle that kind of inflow. That's where the cost of redoing these things comes in.

Posted by: Tom Servo at April 30, 2024 11:47 AM (i9ffA)

211

You also have to worry about water and sewage use (electrical tends to be more of a wash). You can't just plop extra homes where they weren't ever intended without checking for knock-on effects...
Posted by: Nova Local at April 30, 2024 11:45 AM (exHjb)


I’m sure all these things are taken into account ahead of time. It’s not different than zoning changes which goes from single family to high density. Whatever is needed Stewart wise is planned for and dealt with,

Posted by: Montec at April 30, 2024 11:47 AM (Y6Wgg)

212 If they did it, they're either desirable old buildings (History! Charm! Character!) or it ended up being cheaper than scraping it rebuilding. And yeah, you'd better be able to move those units for a premium when you're finished.

Both of which were mentioned in the article I cited. Older buildings tend to be more flexible, and, as in NYC, there are different building/ rehab rules depending on the age of the building. Knocking a building down in Manhattan is not for the faint of heart, nor the small of wallet. Getting permits to then build new is also very difficult.

Posted by: Archimedes at April 30, 2024 11:47 AM (CsUN+)

213 Pull my finger.

Posted by: The Invisible Hand at April 30, 2024 11:47 AM (aD39U)

214 I think it's project related. The 777 isn't having as much trouble, but the 737 MAX is a shitshow

Posted by: Mark Andrew Edwards, PNW MOME June 1st at April 30, 2024 11:48 AM (xcxpd)

215 I'll give you two watts or a silver dollar for your loaf of bread.

Which one you taking? If it crashes that hard that the us dollar is no longer the reserve currency, no paper anything will be worth anything. No bearer bonds, no "certificates". Nada.

What's in hand will count. And it will take a hella long time to build that trust back b
Posted by: rickb223 at April 30, 2024 11:46 AM (9wVL0)
++++
That's an end-of-the-world scenario and while that can happen, it isn't worth burning too much effort on. A crackup of the trade settlement and credit systems will be damaging and catastrophic, but not necessarily the end of the world that results in total collapse.

It's pointless to bet on the end of the world, because you can't ever collect. If you're wrong and the world doesn't end, you lost the bet. If you're right and the world does end, the world ended and so it doesn't matter because you can't collect anymore anyway.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:48 AM (HnUIn)

216 Posted by: Kindltot at April 30, 2024 11:44 AM (D7oie)

Sorry I was being my usual sarcastic self.

There are really people though who believe it's only because it's Trump. May their chains rest lightly upon them.

Posted by: ... at April 30, 2024 11:48 AM (LH3Hv)

217 While most Americans are dumb as a box of wet hammers, American corporations are even worstest.

From the sodomites to "green" energy to "helping" out all the cullid folks and the "underpriviledged" to making woman "strong and independent" and "giving back" to the "community".

Look, if you make a Widget, make the best Widget at the best price and sell it to me if I need a Widget.

All that other bullshit they can cram up their progressive asses.

Posted by: Hairyback Guy at April 30, 2024 11:48 AM (4a+k3)

218 Boeing deserves their fair share of blame for their sub-contractor, software and QC problems but, as has been pointed out by several other commenters I've read and heard; a lot of these mishaps (wheels falling off planes, emergency slides coming off in mid-air, etc.) are the result of shoddy or non-existent airline maintenance and not Boeing's fault in the slightest.

All of the people claiming they "won't fly on Boeing ever again!" should start keeping track of the airlines with terrible maintenance records instead of totally blaming the manufacturer for all of the craziness going on in the skies lately.

Posted by: FriendlySkies at April 30, 2024 11:48 AM (6ydKt)

219 Plus I would guess an office building will have a lot more people using the bathroom on an average day than a residential conversion. Think of an office full of cubicles. The density of that office is much lower than an apartment that would take its place. So if anything the stress on infrastructure would be less not more.

Posted by: Montec at April 30, 2024 11:49 AM (Y6Wgg)

220 Honestly, for empty big boxes, you're better off going to green space until you can decide what to do, especially now in cities with no residents anyway. Who will you sell high end places there to when all the residents are leaving?

Posted by: Nova Local at April 30, 2024 11:49 AM (exHjb)

221 187 We live(for now) relatively close to the Boeing large assembly plant in western WA. Most of the Boeing union stooges are some of the biggest assholes you'd ever want to meet. It doesn't matter what their skin color might be. We can't stand them. The old Boeing culture of hard work and exceptional quality was lost many years ago.
Posted by: Maj. Healey

Unions do not, and never will again, add value. All they are is waste. Time waste, resource waste. Shareholders do not want employees and managers tied up for hours hearing grievances about Joe pushing the green button when that is Rob’s job, even if Joe was 2 inches away and Rob was MIA. Negotiations are an expensive time suck, and in the end, no one wins. If you have a good labor person, you can get around a lot of it, but it’s not fun in that kind of environment.

That said, this DEI garbage is an even worse time waster.

Posted by: Piper at April 30, 2024 11:49 AM (ZdaMQ)

222 215 That's an end-of-the-world scenario and while that can happen, it isn't worth burning too much effort on. A crackup of the trade settlement and credit systems will be damaging and catastrophic, but not necessarily the end of the world that results in total collapse.

It's pointless to bet on the end of the world, because you can't ever collect. If you're wrong and the world doesn't end, you lost the bet. If you're right and the world does end, the world ended and so it doesn't matter because you can't collect anymore anyway.
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:48 AM (HnUIn)

========

I've been playing a lot of Mad Max.

I just need to tape some glass shards to my knuckles, get a hunchback mechanic to service the Magnum Opus, and develop a propensity for by the hip sawed-off shotgun blasts, and I think I'll be good.

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 11:49 AM (GBKbO)

223 $2B is the smallest loan I will accept.

Final offer.
Posted by: Weasel



I can give you 100 million.


You take Zimbabwean dollars, yes?

Posted by: Thomas Paine at April 30, 2024 11:49 AM (lTGtQ)

224
These two carbon units walk into a bar.
Posted by: Humphreyrobot


The bar is full of suckers.

The younger one says, "Hey, Pop! Let's run over there and fook those suckers!"

The older one says, "Let's walk over there and fook them all."

h/t, Robert Duvall in "Colors".

Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars (TM) at April 30, 2024 11:50 AM (xG4kz)

225 If you are looking for a really, really sick company that is running on fumes, look at Honeywell. It's Boeing to the tenth power.

When the market rewards profit-at-any-cost management there is nothing to stop them.

Posted by: pawn at April 30, 2024 11:50 AM (QB+5g)

226 122 I noted that Boeing's "Starliner" capsule is set to return from the ISS via a "hard landing" in the American southwest on May 6.
One wonders just how hard a landing it will be.

Posted by: Tom Servo at April 30, 2024 11:27 AM (i9ffA)


One of the many reasons for the years-long delay of the Starliner project was a redesign of a set of landing parachute harness links.

Boeing went with a ground landing design and ops because it is (supposedly) cheaper than ocean recovery ops, and enables faster return to Houston of the crewmembers and materials and biological test materials from the ISS. Lower cost, we'll see, if Boeing cost projection and real cost data is ever made public. Somewhat faster return of crew and samples from the New Mexico landing site, compared to from a SpaceX water landing location, is a plus. One of the very nice things about the Space Shuttle was CONUS runway landings, enabling fast return to Houston of crew and the samples from both on-board and ISS tests and experiments.

Posted by: Gref at April 30, 2024 11:50 AM (5fDan)

227
214 I think it's project related. The 777 isn't having as much trouble, but the 737 MAX is a shitshow
Posted by: Mark Andrew Edwards, PNW MOME June 1st at April 30, 2024 11:48 AM (xcxpd)

777 was designed in the 90s long before DEI. The MAX is a recent project designed in the DEI era.

Posted by: Montec at April 30, 2024 11:51 AM (Y6Wgg)

228 If the building is very good and has flexible infrastructure, it *can* be done, but it's not cheap. If they did it, they're either desirable old buildings (History! Charm! Character!) or it ended up being cheaper than scraping it rebuilding. And yeah, you'd better be able to move those units for a premium when you're finished.
Posted by: Joe Mannix


They don't have. Most office buildings built since the mid 80's have a central core for electrical, plumbing and elevators.

Unless each floor is going to be one home, and every home is floor planned out around the core, it can't be done. Not easily and not hard. There are certain physical constraints.

I don't want your shit pipe running down thru the middle of my living room because you (above me) wanted a toilet there.

Posted by: rickb223 at April 30, 2024 11:51 AM (9wVL0)

229 It's gotten to the point where this bikini redhead has serious qualms about air travel in general:
http://tiny.cc/mhrwxz
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:42 AM (HnUIn)

A cute, tan (ish) ginger! It's like spotting a unicorn.

Posted by: Mark Andrew Edwards, PNW MOME June 1st at April 30, 2024 11:51 AM (xcxpd)

230 they began to worship at the alter altar of the Sustainable Organic Church of The Carbon Apocalypse.*

Fixed.

Posted by: olddog in mo at April 30, 2024 11:52 AM (ViCCR)

231 All of the people claiming they "won't fly on Boeing ever again!" should start keeping track of the airlines with terrible maintenance records instead of totally blaming the manufacturer for all of the craziness going on in the skies lately.
Posted by: FriendlySkies at April 30, 2024 11:48 AM (6ydKt)

Wetback aircraft service corp. We got a wrench and a screwdriver, and a hammer, and we work cheep!!!

Posted by: Xipe Totec at April 30, 2024 11:53 AM (pohLc)

232 If Trump were cast into the outer darkness tomorrow, the hysterical masses would find a new target.

Posted by: Kindltot at April 30, 2024 11:44 AM (D7oie)


They're already falling back on Old Reliable. Da Joos.

Posted by: I used to have a different nic at April 30, 2024 11:54 AM (T7iTv)

233 I'll give you two watts or a silver dollar for your loaf of bread.

Which one you taking? If it crashes that hard that the us dollar is no longer the reserve currency, no paper anything will be worth anything. No bearer bonds, no "certificates". Nada.

What's in hand will count. And it will take a hella long time to build that trust back b
Posted by: rickb223
======
Back in the day, gold and silver were depreciated by unscrupulous people either shaving or alloying the precious metal with dross.

In the scenario that you picture, a barter economy generally relies upon commodities like booze, weed, medicines, and so on. One cannot eat gold or silver and often in really bad times it simply indicates that you have something to rob to others.
There are some horror stories published out there about the Yugo economy during their Civil War and a lesser one dealing with the Argentinian currency collapse in the late 90s and early 00's.

In the currency collapse, gold and silver were useful but as the Argentinian author comments, it was best to have worn old coins with silver/gold to prevent being tracked for stealing it from you.

In Yugo land, it was commodities that ruled.

Posted by: whig at April 30, 2024 11:54 AM (peJ7P)

234 Two of the Cat One issues on the KC-46 deal with the refueling cameras. As in the panoramic cameras can't easily pick out planes near the tanker. And the cameras used for refueling in 'dynamic lightning' conditions can suffer image wash out.

IIRC - if the camera catches direct sun, the cameras become blind as bats. The refueling boom is controlled from the cockpit, unlike the prior refuelers where there was a crewman in the tail guiding it.

Must have been some DEI engineers who never thought about that.

Posted by: Our Country is Screwed at April 30, 2024 11:54 AM (N39Ws)

235 163
‘I thought it was the stolen car's fault‘

We need stolen car control. Quick, Feds!
Make it illegal for anyone to drive a car that the cops can’t turn off!

Posted by: Dr. Claw at April 30, 2024 11:55 AM (jbnUc)

236 Warehouse Districts have been fashionable for a long time, mostly in larger cities with limited downtown housing. They do sell/rent for higher rates.

But converting to homeless "shelters" called housing ... might also demand a premium if government is paying for the remodel and paying the rent ... because BigGov has infinite money for foreign invaders.

Posted by: illiniwek at April 30, 2024 11:55 AM (Cus5s)

237 At RCP, 10 most recent national polls has Trump winning in 6, 3 tied and 1 Biden lead.

Posted by: Montec at April 30, 2024 11:55 AM (Y6Wgg)

238 It's gotten to the point where this bikini redhead has serious qualms about air travel in general:
http://tiny.cc/mhrwxz
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:42 AM


She doesn't look like she has serious qualms.

I'm beginning to suspect that Joe Mannix finds pictures of attractive women, and then writes something to tie them into a sub-theme of the Thread, rather than the stated concern being an actual concern, and presenting them to us honestly.

And yes, I am too young to be so cynical.

Posted by: Duncanthrax at April 30, 2024 11:55 AM (a3Q+t)

239 And yeah, you'd better be able to move those units for a premium when you're finished.
Posted by: Joe Mannix


Though again, in the article I cited, the developer is building for young, just out-of-college types. They'll take a place with only one window and other limitations inherent to converted office buildings, whereas older folks won't. A decent starter place in Manhattan is still very steep (my daughter is in one), so anything that's a bit cheaper is desirable. The guy has a 1.5% vacancy rate in his other buildings.

Posted by: Archimedes at April 30, 2024 11:55 AM (CsUN+)

240 220 Honestly, for empty big boxes, you're better off going to green space until you can decide what to do, especially now in cities with no residents anyway. Who will you sell high end places there to when all the residents are leaving?
Posted by: Nova Local at April 30, 2024 11:49 AM (exHjb)

You hit on the crux of the problem - high rises full of apartments are only viable in a local economy with lots and lots of jobs - but if all the commercial property is empty because the company's have left, where are the jobs that the residents will need to support them?
Saw something on X yesterday; almost every business on Union Square in downtown San Fran is now closed, or in the process of closing.
https://www.youtube.com/watch?v=McnjpZBeqd4

Posted by: Tom Servo at April 30, 2024 11:56 AM (i9ffA)

241 Just learning this:

Chances are that NARA planted classified documents in the boxes that they told the Trump team to pick up.

Posted by: Axeman at April 30, 2024 11:56 AM (krQz2)

242 Airlines outsource their maintenance to places like Costa Rica. So that’s fun.

Posted by: Montec at April 30, 2024 11:56 AM (Y6Wgg)

243 Chances are that NARA planted classified documents in the boxes that they told the Trump team to pick up.
Posted by: Axeman at April 30, 2024 11:56 AM (krQz2)

Not chances...

Posted by: It's me donna at April 30, 2024 11:56 AM (Akjoo)

244 Drivers for Linux are often underdeveloped and often require digging around in CLI to install them which most people haven't done in Microsoft since Windows came out.
Posted by: whig at April 30, 2024 11:44 AM (peJ7P)


Every so often someone will decide that they're going to do "user-friendly" Linux. So they create yet another version and work on it until it's drop dead simple... for people familiar with Linux... and call it a day.

Posted by: I used to have a different nic at April 30, 2024 11:56 AM (T7iTv)

245 777 was designed in the 90s long before DEI. The MAX is a recent project designed in the DEI era.
Posted by: Montec at April 30, 2024 11:51 AM (Y6Wgg)

The 737 Max engineers moved the bigger engine pylons forward more screwing up the aerodynamics. They basically said F*** it - let the software guys fix it with their flight control systems. We've all seen how good some of the code is that comes out of India. So you can imagine how all of this worked out.

Posted by: Our Country is Screwed at April 30, 2024 11:57 AM (N39Ws)

246 That's an end-of-the-world scenario and while that can happen, it isn't worth burning too much effort on. A crackup of the trade settlement and credit systems will be damaging and catastrophic, but not necessarily the end of the world that results in total collapse.

It's pointless to bet on the end of the world, because you can't ever collect. If you're wrong and the world doesn't end, you lost the bet. If you're right and the world does end, the world ended and so it doesn't matter because you can't collect anymore anyway.
Posted by: Joe Mannix


That's not end of the world. That 6.5 billion people all losing their collective sh*t at the same time because of a worldwide correction.

You abruptly and completely change what people have known all their lives and it will get ugly quick.

Posted by: rickb223 at April 30, 2024 11:57 AM (9wVL0)

247 204 Yea, and a lot of the incentive to make the investments was the political pull the big funds had to make regulatory changes in the relevant markets. Buy up Asset X and then bribe the powers-that-be to make the regulatory environment more favorable.

It worked to some extent in some plays -- for example the funds buying up tens of thousands of NYC taxicab medallions -- but overall I think most if not all of these schemes ran headfirst into Biden's economy and big spikes in interest rates.
Posted by: Elric Blade at April 30, 2024 11:34 AM (iFTx/)

True. However, even the taxicab plays didn't ultimately work out. Once Uber and Lyft became ubiquitous, those companies collapsed.
Posted by: Darrell Harris at April 30, 2024 11:46 AM (9miN6)
________

Uber and Lyft were sorta victims of the same scheme. Their own plan was to take over the industry while using their clout and PE billions to create a favorable regulatory environment. It worked. Until it didn't. They learned that you can't make deals with the devil. The devil will always fuck you.

Posted by: Elric Blade at April 30, 2024 11:57 AM (iFTx/)

248 >>Warehouse Districts have been fashionable for a long time, mostly in larger cities with limited downtown housing. They do sell/rent for higher rates.


The South End of Boston went from a neighborhood of largely abandoned warehouses and office buildings to one of the more expensive, waterfront neighborhoods in the city.

Posted by: JackStraw at April 30, 2024 11:57 AM (LkLld)

249 225 If you are looking for a really, really sick company that is running on fumes, look at Honeywell. It's Boeing to the tenth power.

When the market rewards profit-at-any-cost management there is nothing to stop them.

Posted by: pawn at

Dave Cote leaving was awful. Darius Adamczyk Started well and fizzled fast, he let the Aerospace CEO run amok. Same with their Safety and Productivity solutions. Visal Kapur seems to be cleaning house a bit. Will see what happens.

Ps. A lot of people are not fond of Dave Cote. Full disclosure, I worked for him. I am still in touch with him. I truly admire him, even when he yelled at me.

Posted by: Piper at April 30, 2024 11:58 AM (ZdaMQ)

250 240 220 Honestly, for empty big boxes, you're better off going to green space until you can decide what to do, especially now in cities with no residents anyway. Who will you sell high end places there to when all the residents are leaving?
Posted by: Nova Local at April 30, 2024 11:49 AM (exHjb)

You hit on the crux of the problem - high rises full of apartments are only viable in a local economy with lots and lots of jobs - but if all the commercial property is empty because the company's have left, where are the jobs that the residents will need to support them?
Saw something on X yesterday; almost every business on Union Square in downtown San Fran is now closed, or in the process of closing.
https://www.youtube.com/watch?v=McnjpZBeqd4
Posted by: Tom Servo at April 30, 2024 11:56 AM (i9ffA)

It's the Detroit/Cleveland problem from a few decades ago. Nothing improved and you just had blight til the government came in and just razed a ton of things and left green space. Not sure if it's any better, but I haven't heard of $1 properties there for a little while, so at least they raised overall real estate prices...

Posted by: Nova Local at April 30, 2024 11:58 AM (exHjb)

251 248
The South End of Boston went from a neighborhood of largely abandoned warehouses and office buildings to one of the more expensive, waterfront neighborhoods in the city.

Posted by: JackStraw at April 30, 2024 11:57 AM (LkLld)

=======

Rainbow Row in Charleston was a shithole until a rich lady decided to buy one of the houses and fix it up. She started a trend, and now Rainbow Row is one of the most expensive streets in the city.

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 11:58 AM (GBKbO)

252 23 Jack as far as I can see that's my opinion as well.
Government leads them by the nose

Posted by: Skip at April 30, 2024 11:58 AM (t+cmM)

253 Dang it, and I just purchased a ticket on the PanAm Space Clipper to the moon!

Posted by: Dr. Heywood R. Floyd at April 30, 2024 11:58 AM (w9Wax)

254 It's gotten to the point where this bikini redhead has serious qualms about air travel in general:
http://tiny.cc/mhrwxz
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 11:42 AM
_______

There's always yachts ....

Posted by: Elric Blade at April 30, 2024 11:59 AM (iFTx/)

255 232 If Trump were cast into the outer darkness tomorrow, the hysterical masses would find a new target.

Posted by: Kindltot at April 30, 2024 11:44 AM (D7oie)


this is correct

the hate machine will only require new coordinates

Posted by: yikes at April 30, 2024 11:59 AM (us2H3)

256 Every so often someone will decide that they're going to do "user-friendly" Linux. So they create yet another version and work on it until it's drop dead simple... for people familiar with Linux... and call it a day.
Posted by: I used to have a different nic at April 30, 2024 11:56 AM (T7iTv)

Love linux. But it has a steep learning curve. When you look at text editors in Windows - notepad, wordpad, notepad++, textpad, etc. Easily relatable names to functions.

In linux? Nano. VI. Neither of which comes to one's mind when thinking of editing a file.

Posted by: Our Country is Screwed at April 30, 2024 11:59 AM (N39Ws)

257 Rainbow Row in Charleston was a shithole until a rich lady decided to buy one of the houses and fix it up. She started a trend, and now Rainbow Row is one of the most expensive streets in the city.

You have to give the gays credit. They started the regentrification of DC, and that has spread to much of the city now. It's a different place than it was 40 years ago.

Posted by: Archimedes at April 30, 2024 12:00 PM (CsUN+)

258 Take a look at all the aluminum in the air at this time: https://globe.adsbexchange.com. It's foolishness to think this can be done without the use of high energy density hydrocarbon fuels. One cannot bullshit physics.

Posted by: Dirac_Delta at April 30, 2024 12:00 PM (JSF6W)

259 249 Any guy who yells at you, Piper, is no bueno in my book.

Posted by: Bulgaroctonus at April 30, 2024 12:01 PM (9yWhg)

260 Nano. VI. Neither of which comes to one's mind when thinking of editing a file.
Posted by: Our Country is Screwed at April 30, 2024 11:59 AM


VI is a tool of Satan. It has zero saving graces save one. It is on every Unix system in existence.

Posted by: Duncanthrax at April 30, 2024 12:01 PM (a3Q+t)

261 Where we are headed free market economics no longer apply. Jobs and housing will go where governent wants them to go. That is the end game of all of this "fundemental transformation" the mocha messiah waxed poetic about.

Posted by: JackStraw at April 30, 2024 12:01 PM (LkLld)

262 It's the Detroit/Cleveland problem from a few decades ago. Nothing improved and you just had blight til the government came in and just razed a ton of things and left green space. Not sure if it's any better, but I haven't heard of $1 properties there for a little while, so at least they raised overall real estate prices...
Posted by: Nova Local at April 30, 2024 11:58 AM (exHjb)

Cleveland has cleaned up a lot from the late 90s. The suburbs around it are really very nice too.

Detroit? If it wasn't for the fact that my daughter lives there, I'd say nuke that from orbit and start over. It is still terrible.

Posted by: Our Country is Screwed at April 30, 2024 12:01 PM (N39Ws)

263 Take a look at all the aluminum in the air at this time: https://globe.adsbexchange.com. It's foolishness to think this can be done without the use of high energy density hydrocarbon fuels.

One cannot bullshit physics.
Posted by: Dirac_Delta


One can. Until the batteries run dry.

Plan to be on the ground when that happens though.

Posted by: rickb223 at April 30, 2024 12:02 PM (9wVL0)

264 Time to buy stock in Boeing? I'm seriously asking.

Posted by: Minnfidel at April 30, 2024 12:02 PM (Ag7IE)

265 VI is a tool of Satan. It has zero saving graces save one. It is on every Unix system in existence.
Posted by: Duncanthrax at April 30, 2024 12:01 PM (a3Q+t)
++++
But its arcane syntax has been in place for decades! Everyone know it!

Posted by: Fuzzy-toothed UNIX admin at April 30, 2024 12:02 PM (HnUIn)

266 257 Rainbow Row in Charleston was a shithole until a rich lady decided to buy one of the houses and fix it up. She started a trend, and now Rainbow Row is one of the most expensive streets in the city.

You have to give the gays credit. They started the regentrification of DC, and that has spread to much of the city now. It's a different place than it was 40 years ago.
Posted by: Archimedes at April 30, 2024 12:00 PM (CsUN+)
______

Same thing happened with South Beach in Miami. Was a shithole maybe 40 years ago. Then a few developers said "hey, maybe this could be a big vacation and money destination." Now? Well let's just say SB ain't a shithole any more.

Posted by: Elric Blade at April 30, 2024 12:02 PM (iFTx/)

267 264 Time to buy stock in Boeing? I'm seriously asking.
Posted by: Minnfidel at April 30, 2024 12:02 PM (Ag7IE)

======

Since the stock market is fake, it's probably a decent bet.

Some institutional investor will work to up the price on the down or something.

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:03 PM (GBKbO)

268 VI is a tool of Satan. It has zero saving graces save one. It is on every Unix system in existence.
Posted by: Duncanthrax at April 30, 2024 12:01 PM (a3Q+t)


# apt-get install nano

Now I can get Apache, MySql and Zabbix running.

Posted by: Our Country is Screwed at April 30, 2024 12:03 PM (N39Ws)

269 260 VI is a tool of Satan. It has zero saving graces save one. It is on every Unix system in existence.

and not jus unix.

Posted by: anachronda at April 30, 2024 12:03 PM (v3pYe)

270 Chances are that NARA planted classified documents in the boxes that they told the Trump team to pick up.
Posted by: Axeman at April 30, 2024 11:56 AM (krQz2)


https://ace.mu.nu/archives/409456.php

Posted by: I used to have a different nic at April 30, 2024 12:03 PM (T7iTv)

271 VI is a tool of Satan. It has zero saving graces save one. It is on every Unix system in existence.
Posted by: Duncanthrax at April 30, 2024 12:01 PM (a3Q+t)
++++
:: snorts contemptuously ::

Posted by: EMACS at April 30, 2024 12:03 PM (HnUIn)

272 266 Same thing happened with South Beach in Miami. Was a shithole maybe 40 years ago. Then a few developers said "hey, maybe this could be a big vacation and money destination." Now? Well let's just say SB ain't a shithole any more.
Posted by: Elric Blade at April 30, 2024 12:02 PM (iFTx/)

========

The weirdest thing about 80s movies is the evil developer who wants to buy the shithole slums and renovate them into nice places.

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:03 PM (GBKbO)

273 Aspiring rappers need to be able to steal stuff to get cred and have something to rap about.

Posted by: John Jacob Billy Bob Bubba Mangrove Throat Warbler Joe Jingleheimer Johnson-Smith at April 30, 2024 12:04 PM (vFG9F)

274 The weirdest thing about 80s movies is the evil developer who wants to buy the shithole slums and renovate them into nice places.
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:03 PM (GBKbO)
++++
He's an evergreen villain.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 12:04 PM (HnUIn)

275 272 266 Same thing happened with South Beach in Miami. Was a shithole maybe 40 years ago. Then a few developers said "hey, maybe this could be a big vacation and money destination." Now? Well let's just say SB ain't a shithole any more.
Posted by: Elric Blade at April 30, 2024 12:02 PM (iFTx/)

========

The weirdest thing about 80s movies is the evil developer who wants to buy the shithole slums and renovate them into nice places.
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:03 PM (GBKbO)
______

But where will the gangbangers and hobos go tho????

Posted by: Elric Blade at April 30, 2024 12:04 PM (iFTx/)

276 268 # apt-get install nano

Now I can get Apache, MySql and Zabbix running.


# apt-get install nano
%DCL-W-IVVERB, unrecognized command verb - check validity and spelling
\APT\

:p

Posted by: anachronda at April 30, 2024 12:05 PM (v3pYe)

277 274 The weirdest thing about 80s movies is the evil developer who wants to buy the shithole slums and renovate them into nice places.
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:03 PM (GBKbO)
++++
He's an evergreen villain.
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 12:04 PM (HnUIn)

=======

It's either, "I can't believe the owner wants us to pay terribly high prices for this shitty apartment!" or "I can't believe this developer wants to buy my shitty apartment! It's my home! I love my piles of debris in the corner!"

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:06 PM (GBKbO)

278 275 But where will the gangbangers and hobos go tho????
Posted by: Elric Blade at April 30, 2024 12:04 PM (iFTx/)

========

To have dance offs at the community center? To do the electric bugaloo?

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:06 PM (GBKbO)

279 Every so often someone will decide that they're going to do "user-friendly" Linux. So they create yet another version and work on it until it's drop dead simple... for people familiar with Linux... and call it a day.
Posted by: I used to have a different nic
=======
If you don't game and you don't rely on running the latest and greatest, Linux is actually a better experience than Windows. Due to some legacy software that I use for certain tasks, I have computers set up to dual boot both windows and linux even back to Windows 8.1.

I have had about as many major system problems with Windows as I have had with Linux and one of those was due to a Bios update that messed up my booting order on Grub.

The problem with Windows is that legacy support quite literally sux when Microsux decides that you should buy a new OS and you have similar driver problems between generations on things like old printers. Driver issues of hardware are much more difficult to sort out in Windows when you have one.

Linux actually has far better legacy support for devices like printers, scanners, etc. but not so good for brand new ones depending on the mfg.

Posted by: whig at April 30, 2024 12:06 PM (peJ7P)

280 Posted by: Montec at April 30, 2024 11:25 AM

I like instant karma

Posted by: Skip at April 30, 2024 12:06 PM (t+cmM)

281 259 259 249 Any guy who yells at you, Piper, is no bueno in my book.
Posted by: Bulgaroctonus

Awww, thank you!

Posted by: Piper at April 30, 2024 12:06 PM (ZdaMQ)

282 I'm beginning to suspect that Joe Mannix finds pictures of attractive women, and then writes something to tie them into a sub-theme of the Thread, rather than the stated concern being an actual concern, and presenting them to us honestly.

And yes, I am too young to be so cynical.
Posted by: Duncanthrax at April 30, 2024 11:55 AM (a3Q+t)

You put it down to cynicism. I maintain it's the natural outgrowth of anti-penguinism. As Michael Savage famously says, "the mind that alters-alters all".

Posted by: Penguin Pete at April 30, 2024 12:07 PM (V5BDR)

283 Same thing happened with South Beach in Miami. Was a shithole maybe 40 years ago. Then a few developers said "hey, maybe this could be a big vacation and money destination." Now? Well let's just say SB ain't a shithole any more.

During the RE crash, those places could be bought for a comparative song. Sadly, I did not sing.

Posted by: Archimedes at April 30, 2024 12:07 PM (CsUN+)

284 240 You hit on the crux of the problem - high rises full of apartments are only viable in a local economy with lots and lots of jobs - but if all the commercial property is empty because the company's have left, where are the jobs that the residents will need to support them?

hmm. *scribbles note* onlyfans tower

Posted by: anachronda at April 30, 2024 12:07 PM (v3pYe)

285 What was that movie where Joe Peschi played the slumlord who was forced to live in one of his own buildings? I recall it being mildly entertaining.

Posted by: Bulgaroctonus at April 30, 2024 12:08 PM (9yWhg)

286 The Dallas fed just needs one more month of bad numbers to match 2008's record. What happened in 2008 again?

Posted by: Thomas Paine at April 30, 2024 12:09 PM (lTGtQ)

287 "The 737 Max engineers moved the bigger engine pylons forward more screwing up the aerodynamics. They basically said F*** it - let the software guys fix it with their flight control systems. We've all seen how good some of the code is that comes out of India. So you can imagine how all of this worked out."

The entire 737 Max "concept" was built around how cheap the aircraft would be if they could use the existing FAA airframe certifications instead of having to design and build AND certify another new aircraft. They wanted the new engines but the engines were very different.

Posted by: pawn at April 30, 2024 12:09 PM (QB+5g)

288 What was that movie where Joe Peschi played the slumlord who was forced to live in one of his own buildings? I recall it being mildly entertaining.
Posted by: Bulgaroctonus at April 30, 2024 12:08 PM (9yWhg)
++++
Remember when the mayor of Chicago did that by moving into Cabrini Green to prove how safe and vital the housing project was - and had to armor her unit and then fled shortly after?

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 12:09 PM (HnUIn)

289 274 The weirdest thing about 80s movies is the evil developer who wants to buy the shithole slums and renovate them into nice places.
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:03 PM (GBKbO)
++++
He's an evergreen villain.
Posted by: Joe Mannix (Not a cop!) at April 30, 2024 12:04 PM (HnUIn)
________

He's not even always white and elite. The Delroy Lindo character in Romeo Must Die was a big man of the streets. His big plan in the movie was to team up with rich greedy white bad-guy developers to acquire the land from the homies to gentrify.

Posted by: Elric Blade at April 30, 2024 12:10 PM (iFTx/)

290 286 The Dallas fed just needs one more month of bad numbers to match 2008's record. What happened in 2008 again?
Posted by: Thomas Paine at April 30, 2024 12:09 PM (lTGtQ)

=======

The year we had to go with John McCain because he was the kind of moderate who could reach across the aisle after the disastrously partisan administration of George W. Bush where every conservative policy was pursued maliciously until they became law?

Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:10 PM (GBKbO)

291 Remember when the mayor of Chicago did that by moving into Cabrini Green to prove how safe and vital the housing project was - and had to armor her unit and then fled shortly after?

I don't remember that, but damn that would make a fine movie plot.

Posted by: Archimedes at April 30, 2024 12:10 PM (CsUN+)

292 Remember when the mayor of Chicago did that by moving into Cabrini Green to prove how safe and vital the housing project was - and had to armor her unit and then fled shortly after?
Posted by: Joe Mannix (Not a cop!)


Vaguely. Was that Jane Byrne?

Posted by: Bulgaroctonus at April 30, 2024 12:10 PM (9yWhg)

293 The year we had to go with John McCain because he was the kind of moderate who could reach across the aisle after the disastrously partisan administration of George W. Bush where every conservative policy was pursued maliciously until they became law?
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:10 PM (GBKbO)
++++
LOL.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 12:10 PM (HnUIn)

294 The confluence of woke engineering of Aircraft and woke Traffic Control does not bode well for the future of air travel.

Posted by: blake - semi lurker in marginal standing (tT6L1) at April 30, 2024 12:11 PM (tT6L1)

295 The Dallas fed just needs one more month of bad numbers to match 2008's record. What happened in 2008 again?
Posted by: Thomas Paine at April 30, 2024 12:09 PM (lTGtQ)

Helloooooooo!

Posted by: Barack Mugabe, Sodomite And Elected By Guilt Ridden Honkies at April 30, 2024 12:11 PM (4a+k3)

296 "NARA planted classified documents in the boxes that they told the Trump team to pick up."

It is what the agencies do ... frame political opponents to protect their crime syndicate. Mafia with a color of law kicker.

Posted by: illiniwek at April 30, 2024 12:11 PM (Cus5s)

297 Donald Trump posts a video on Joe Biden as James Bond in "License to Fail" (Video from station WOR 710, NY):

https://tinyurl.com/yyfr43jt

Posted by: FenelonSpoke at April 30, 2024 12:12 PM (XkYcA)

298 Vaguely. Was that Jane Byrne?
Posted by: Bulgaroctonus at April 30, 2024 12:10 PM (9yWhg)
++++
That rings a bell.

One really funny - and by that, I mean "horrible" - consequence of that stunt was that when she left, the gang-bangers took over the apartment and saw just how cheap and easy it was to armor up a unit. That made the subsequent clearance as Chicago and HUD finally got around to tearing down the complex increasingly difficult as the gangsters concentrated into the remaining buildings and took steps to avoid eviction.

Posted by: Joe Mannix (Not a cop!) at April 30, 2024 12:12 PM (HnUIn)

299 @241

>>Just learning this: Chances are that NARA planted classified documents in the boxes that they told the Trump team to pick up.

This whole bullshit Op is predicated on not understanding what is a Unitary Executive and what his place is in the Org Chart of the Executive Branch and imagining there is a Tardis like room just off of the Oval Office that contains all of the documents at the disposal of the Executive and that he just rummages through the drawers and plucks out the documents he wants.

Posted by: Thomas Bender at April 30, 2024 12:12 PM (JIdXK)

300 nood


Ewok, El Jefe

Posted by: banana Dream at April 30, 2024 12:13 PM (Y6IkP)

301 In linux? Nano. VI. Neither of which comes to one's mind when thinking of editing a file.
Posted by: Our Country is Screwed

Not really true there. There are quite a few programs, really apps, that allow you notepad function in a GUI style.

Nano, Gedit, etc. only come into use in Linux when you have to mess with config and system files. Last time I had to do that was a buggy network driver which linux recognized as the wrong chip. At that point, I quit using onboard Taiwanese crap network built into mobos and went solely to Intel network cards. Never had a problem since as Intel knows how to do Linux right.

Posted by: whig at April 30, 2024 12:13 PM (peJ7P)

302 Nood.

Posted by: blake - semi lurker in marginal standing (tT6L1) at April 30, 2024 12:13 PM (tT6L1)

303 It is what the agencies do ... frame political opponents to protect their crime syndicate. Mafia with a color of law kicker.
Posted by: illiniwek
--------
It is unfortunately what governments do when they get too rich and powerful. People running the govt go after their enemies and use government powers to do so.

Posted by: whig at April 30, 2024 12:14 PM (peJ7P)

304 The year we had to go with John McCain because he was the kind of moderate who could reach across the aisle after the disastrously partisan administration of George W. Bush where every conservative policy was pursued maliciously until they became law?
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at April 30, 2024 12:10 PM (GBKbO)
---
Also, remember when the Republicans "needlessly antagonized" the pre-Scooby-Doo-Villain Putin, so smart Barack Obama and Hillary Clinton needed to do a "reset"?

And they sent a bunch of previously embargoed technology to Russia and encouraged tech development in Russia?

Because a technologized Russia was a threat to no one, right?

Posted by: Axeman at April 30, 2024 12:17 PM (krQz2)

305 Woman being swallowed whole by a bear:

IF THIS WAS A MAN, IT WOULD BE EVEN WORSE, BELIEVE ME!

Posted by: BourbonChicken at April 30, 2024 12:23 PM (cf/0E)

306 156 It's a bit long, but here's an interesting article on a developer in NYC whose specialty is turning old office buildings into apartments geared towards young people starting out. Lack of sunlight is a particular issue.

https://tinyurl.com/3c7xsf5x
Posted by: Archimedes at April 30, 2024 11:35 AM (CsUN+)

A bit long, as you say.

Posted by: m at April 30, 2024 12:24 PM (o3SCB)

307 >>> It's possible, if the market is hot enough to support it. In the New York developer's story linked above, he talks about building 571 units in a large office building. Well, that means adding 571 bathrooms and 571 kitchens, and that means not just plumbing but drainlines for 571 bathrooms all the way down to the local sewer hook up under the building, which one can only hope is large enough to handle that kind of inflow. That's where the cost of redoing these things comes in.
Posted by: Tom Servo
==================

Bathrooms and kitchens will be necessary for either build the extra is creative plumbing. That's why I mentioned creative architecture.

Posted by: Braenyard at April 30, 2024 12:26 PM (lCWOD)

308 Look, you can use Vi and Emacs. But it is not true that those are your choices in Linux. You have a word like program in Libre office. There is a lightweight notepad like app, complete with Gui. Those are built in and there are other options frim the App store. If you haven't used a major distro like Mint or Ubuntu, you should try a live distro to see what it's like now.

Posted by: Notsothoreau at April 30, 2024 12:27 PM (yeEu9)

309 What was that movie where Joe Peschi played the slumlord who was forced to live in one of his own buildings? I recall it being mildly entertaining.
Posted by: Bulgaroctonus at April 30, 2024 12:08 PM (9yWhg)



The Super, 1991

Posted by: Additional Blond Agent, STEM Guy at April 30, 2024 12:28 PM (/HDaX)

310 Great topic and post, CBD. I am just a dumb mechanical engineer who is older than 29 working for a highly profitable American OEM who is also trying to shift toward marketing rather than engineering and it is frustrating.

Posted by: Danimal28 at April 30, 2024 12:41 PM (klw0w)

311 An article I read about Boeing's descent related that a new CEO decided that all the technically proficient people making their planes were too expensive, and started hiring idiots off the street because they were cheaper.

Posted by: Archimedes at April 30, 2024 11:14 AM

This is what the auto industry has been doing the past 5 years as well, including the company which just laid me off last month along with 399 other direct employee engineers. At least 25 of us in my former department. All with 10-25 years of experience and expertise.

In the past 4 years leading up to the mass layoff, they were pushing people out with retirements and "voluntary separation" offers. A ton of experience and expertise out the door. And replaced by cheap contract workers in India. The majority of whom I question are even engineers. As it took 3-4 of them to do the work one of us could do.

But it was all about cost. Instead of paying me $115k + 401(k) + profit sharing + health insurance, they pay the contact worker only $65k-$83k salary and all benefits are off their books.

Posted by: Clyde Shelton at April 30, 2024 12:42 PM (P5BPp)

312 310 Great topic and post, CBD. ...
Posted by: Danimal28 at April 30, 2024 12:41 PM (klw0w)

Concur. And great comments!

Posted by: m at April 30, 2024 03:32 PM (o3SCB)

313 Hi there this is kind of of off topic but I was wondering if blogs use WYSIWYG editors or if you have to
manually code with HTML. I'm starting a blog soon but have no coding knowledge
so I wanted to get guidance from someone with experience.
Any help would be greatly appreciated!

Posted by: energy audits and the like. Our services and products are mainly used in construction design at May 11, 2024 07:54 AM (RhwRW)

314 Brilliant Carpet Cleaning https://jdcutters.com/author/admin/page/16

Posted by: Brilliant Carpet Cleaning https://jdcutters.com/author/admin/page/16 at May 11, 2024 11:40 AM (ABvcN)

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