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Boeing's Dreamliner: Still Grounded and No Lift-Off in Sight [View article]
Looks like Boeing stepped on it big time.
What to attribute it to??
-Execs move to Chicago
-Labor strife, including engineering professionals
-Manufacturing outsourcing - offshoring logistics strain
-Inexperienced engineers / management due to cost cutting
-Design outsourcing
-Overly complex design - no design for manufacturability considerations
Has Investing in America Become Passe? [View article]
Nixon & Carter eh.
I still can't bring myself to even watch a movie satire of W.
Today's Closing Update: Tuesday, June 23 [View article]
Ten Keys for Investing in Defense Over the Next Six Months [View article]
No wonder these guys are still hiring.
The Test of Wills at Boeing [View article]
Keep in mind, we're competing against the top of the food chain in places like India and China. The botttom is lucky to get a bowl of rice a week. The disparity of wealth distribution is greater in these places.
The Test of Wills at Boeing [View article]
This also applies to the obscenely high pay for US corporate executives. If they're that good, why the big worries over golden parachutes? Most of them are there thru 80% luck and timing, not business skills. Even if they opt to go down with the ship, these execs have a lot more job mobility.
Globalization is the great equalizer.
The Test of Wills at Boeing [View article]
Tell that to the UAW at Caterpillar in Peoria. They've been doing exactly this for 35 years. They would strike for many months when Cat had no business booked, which is what management was hoping for.
Re: IAM at Boeing - If not now, when? The short and intermediate term is all that's available. Fighting over offshoring is wasted effort and will only delay the inevitable.
When "workers at the US plants earn wages closer to the globalized average", then "a days work equals a bowl of rice".