Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.
Posted: Tue Mar 11, 2008 3:53 am Post subject: Re: Let the layoffs begin
threadbear wrote:
Quote:
Prince Rupert, BC. A direct rail line from Edmonton, AB to Prince Rupert's deepwater port, and then from there direct to Asia. Only problem is 10-months of rain! ; - )
I nearly bought there 2 years ago, for the same reasons you mentioned. Just try getting a decent realtor to do any kind of legwork for you, though. Tough investing from a distance. They have a horrendously high vacancy rate and so any property purchased you have to be willing to live in or have sit empty until the place starts to really take off.
Yes, being a long distance landlord is next to impossible if you do not have a good real estate agent, reliable maintenance man, etc. They all want fat fees for doing nothing or worse you have to physically be there just to make sure they did what they said they did. Maybe just a chunk of land as opposed to a property? _________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
Posted: Tue Mar 11, 2008 10:45 am Post subject: Re: Let the layoffs begin
vision-master wrote:
You get what you pay for.
Maintenance fees - I'll work cheap $40 hour.
Bullshit! I would be quite happy to get value for my money!! _________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
Posted: Tue Mar 18, 2008 9:32 am Post subject: Re: Let the layoffs begin
Prescient quote caught over at Market Ticker:
Quote:
I found out tonight that our company has renewed Windows licenses for 1700 users for the next year. We have 5000 employees...I figure any day now.
_________________ “I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death.” George Carlin
4,200 jobs lost overall from Dell in the last 9 months(I think).
So much for the Silicon Prairie.
Quote:
SAN FRANCISCO, March 31 (Reuters) - Dell Inc (DELL.O: Quote, Profile, Research) said on Monday it plans to save $3 billion in annualized expenses over the next three years by closing its Austin, Texas desktop computer manufacturing plant and cutting thousands of jobs.
Dell, the world's second-largest PC maker after Hewlett-Packard Co (HPQ.N: Quote, Profile, Research), also said it would reduce costs in design, manufacturing and logistics, materials and operating expenses.
The Round Rock, Texas-based company also reiterated a goal from last May to cut at least 8,800 jobs, or about 10 percent of the work force. It will launch a "strategic assessment" of ownership alternatives for its Dell Financial Services financing activities.
...
_________________ “I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death.” George Carlin
Posted: Tue Apr 01, 2008 6:10 am Post subject: Re: Let the layoffs begin
Ford's Louisville Explorer plant's future is in doubt. The Explorer is not on the production schedule next year, which puts 3,400 jobs in jeopardy. Some are currently laid off to reduce production due to poor sales. One acquaintance who worked there said it was the first time he'd been laid off in 40 years. Said he's putting in a big garden, and planning to do a lot of canning this year. _________________ Local fix-it guy..
4,200 jobs lost overall from Dell in the last 9 months(I think).
I have two nieces who live in Round Rock who used to work for Dell.
About three years ago, they were part of the group for whom Dell offered seperation packages (they took them). _________________ "RRrrruuuunnnn!!!" ~Apocalypto
Joined: May 18, 2006 Posts: 3485 Location: Minneapolis, MN
Posted: Tue Apr 01, 2008 7:46 am Post subject: Re: Let the layoffs begin
Quote:
Champion Air, a Bloomington-based charter carrier saddled with an aging and inefficient fleet of Boeing 727s, announced Monday that it will go out of business May 31.
About 550 employees will lose their jobs. Minnesotans are familiar with Champion because MLT Vacations contracted with Champion for many of its charter flights to leisure destinations.
4,200 jobs lost overall from Dell in the last 9 months(I think).
I have two nieces who live in Round Rock who used to work for Dell.
About three years ago, they were part of the group for whom Dell offered seperation packages (they took them).
I really wonder if Austin will be shedding its high-tech image with closures and layoffs such as these. Some of the natives won't mind, I'm sure, but the Austin economy is highly dependent on the Dellionaires (not my moniker!), so I don't know. _________________ “I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death.” George Carlin
Posted: Tue Apr 01, 2008 9:16 am Post subject: Re: Let the layoffs begin
Should we watch for the Austin City Lights to go off? _________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
Joined: May 18, 2006 Posts: 3485 Location: Minneapolis, MN
Posted: Tue Apr 01, 2008 9:31 am Post subject: Re: Let the layoffs begin
Here's a smart company. I know someome who works for Atomic Ski. I heard they have their own hydro-plant in Austria where they make sporting goods equipment. They even used local wood supplies before the cap/ foam core skis of today.
Posted: Tue Apr 01, 2008 9:34 am Post subject: Re: Let the layoffs begin
Do you mean Austin City Limits, MrBill?
They're still there, AFAIK. _________________ “I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death.” George Carlin
Posted: Tue Apr 01, 2008 9:38 am Post subject: Re: Let the layoffs begin
vision-master wrote:
Here's a smart company. I know someome who works for Atomic Ski. I heard they have their own hydro-plant in Austria where they make sporting goods equipment. They even used local wood supplies before the cap/ foam core skis of today.
Herman Maier likes them for the downhill. I find them a little heavy for an all mountain ski.
Possibly the only upside to post peak oil resource depletion will be ski touring in the Alps, and acres and acres of untouched fresh snow for spring skiing!
Here is another small scale solution to meet local power needs. Note it does not require a huge dam to make it work.
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