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Yellow trucking company meltdown 22,000 jobs lost.

If I were a chinese company, I wouldn't be looking to further investment in the US given the growing hostilities between the two nations. I don't believe that there's really anything preventing the US .gov from passing a bill that would effectively seize any chinese owned real estate, or US based companies and assign domestic control of those assets. I think we're a long way from that, but what's the stop that from happening? What's china going to do? They depend on US consumption to prop up their economy. Their military would be ineffective at doing anything military against the US mainland, they could however attack US assets in the region that are setting up to protect Taiwan. Last I heard, US is building military bases on several of the islands in the Ryukyu Arc SW of Japan. We're staging for what is anticipated to be the next conflict.

I'm no expert on this though, and I didn't stay at a Holiday Inn Express either. If anything my statement can be considered conspiracy talk.

Sucks for all those employees that are losing their job. This isn't a great time to be looking for work, they claim job numbers are good but negate the possibility that so many of the jobs are 2nd or 3rd jobs for people just trying to make ends meet.

Branden
 
If I were a chinese company, I wouldn't be looking to further investment in the US given the growing hostilities between the two nations. I don't believe that there's really anything preventing the US .gov from passing a bill that would effectively seize any chinese owned real estate, or US based companies and assign domestic control of those assets. I think we're a long way from that, but what's the stop that from happening? What's china going to do? They depend on US consumption to prop up their economy. Their military would be ineffective at doing anything military against the US mainland, they could however attack US assets in the region that are setting up to protect Taiwan. Last I heard, US is building military bases on several of the islands in the Ryukyu Arc SW of Japan. We're staging for what is anticipated to be the next conflict.

I'm no expert on this though, and I didn't stay at a Holiday Inn Express either. If anything my statement can be considered conspiracy talk.

Sucks for all those employees that are losing their job. This isn't a great time to be looking for work, they claim job numbers are good but negate the possibility that so many of the jobs are 2nd or 3rd jobs for people just trying to make ends meet.

Branden
I absolutely believe we should do that. We should also seize and land, especially land near our military sites.

Fuck China.
 
If I were a chinese company, I wouldn't be looking to further investment in the US given the growing hostilities between the two nations. I don't believe that there's really anything preventing the US .gov from passing a bill that would effectively seize any chinese owned real estate, or US based companies and assign domestic control of those assets. I think we're a long way from that, but what's the stop that from happening? What's china going to do? They depend on US consumption to prop up their economy. Their military would be ineffective at doing anything military against the US mainland, they could however attack US assets in the region that are setting up to protect Taiwan. Last I heard, US is building military bases on several of the islands in the Ryukyu Arc SW of Japan. We're staging for what is anticipated to be the next conflict.

I'm no expert on this though, and I didn't stay at a Holiday Inn Express either. If anything my statement can be considered conspiracy talk.

Sucks for all those employees that are losing their job. This isn't a great time to be looking for work, they claim job numbers are good but negate the possibility that so many of the jobs are 2nd or 3rd jobs for people just trying to make ends meet.

Branden
Yeah, just like when obama was in office but with ultra high inflation.
 
Disruption to deliver goods, just another attack on infrastructure. Like derailing a train or burning a factory down, don't matter Biden emptied the strategic oil reserve and gave all the cannon ammo to his friends in europe, and then let how many millions of invaders into what was once the greatest nation ever!

 
It was the Union that did em in.
BTW, 20k driver jobs, another 8k in office and warehouse jobs.

They also borrowed $700 mill (not positive on that number) during covid from the .guv.
Paid back none or at best a tiny amount of it.
 
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It was the Union that did em in.
BTW, 20k driver jobs, another 8k in office and warehouse jobs.

They also borrowed $700 mill (not positive on that number) during covid from the .guv.
Paid back none or at best a tiny amount of it.
Ya, better to give another 700 million to Ukraine, and screw the unions.
sarcasm
 
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Fuck the CCP and their OEM companies like Hol0sun, Swamfox, Olite, F33nix, Leofoto.

The CCP has already taken over our smartphones market, our laptops/tablets/computers market... Lenovo (laptops, etc) is a fully owned Chinese company.

TTI is a fully Chinese company and owns Milwaukee Tools, Ryobi Tools, and any Ridgid Tools that are "Orange in color" and not Red, are Chinese owned and licensed from Ridgid USA.

All of the above facts are the perfect reasons to NOT buy Chinese goods- why let them make any more headway into western markets they don't yet control?
 
And our ducking tax dollars will bail them out like last time.


Y’all should follow trucking groups on Facebook. F ing organized crime / foreigners / illegals coming in doing cut rate rates and doing sub par work causing all kinds of accidents / injuries / fatalities
 
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Without Unions, Middle Class America would never of happened! People would still be shopping @ company owned stores using company issued script. Working jobs moved from America to increase profits for owners and shareholders, the greedy elites that are so empowered are elected officials are beholden. Yellow has been mismanaged at the top, don't try and blame this on Teamsters you Red loving Commies!
First, labor unions are essentially a socialist/communist concept, and by definition anti-American, just like the democrat party they fund with over 95 percent of all union dues going to the dem party. Unions should be outlawed for any jobs and work that involves taxpayer money. PERIOD.

While labor unions forced some positive change in America's history, they're not needed NOW. But if a private company, that does no business at all with any government entity, wants to have a company union, let them.

GREED is the cause of production being sent to China- greed on the part of business execs, and greed on the part of labor unions.

Greedy business execs, along with greedy labor union execs, should be publicly hung, because BOTH of them share equally in the damage.
 
First, labor unions are essentially a socialist/communist concept, and by definition anti-American, just like the democrat party they fund with over 95 percent of all union dues going to the dem party. Unions should be outlawed for any jobs and work that involves taxpayer money. PERIOD.

While labor unions forced some positive change in America's history, they're not needed NOW. But if a private company, that does no business at all with any government entity, wants to have a company union, let them.

GREED is the cause of production being sent to China- greed on the part of business execs, and greed on the part of labor unions.

Greedy business execs, along with greedy labor union execs, should be publicly hung, because BOTH of them share equally in the damage.
Tried to remove this post, was a little to dramatic and wordy, respectfully disagree with American unions being socialist/communist they created a much needed solidarity within the workforce to gain everything. Don't let terminology of union allow for a bias or prejudice, this is a generic term that evolved to encompass all organized labor. There is a disconnect when everything made in CHINA with slave labor retails here for a union wage. Working class America is struggling we do not receive financial "bailouts" like the elites when they fail.
When a non-union business fails who's at fault? Greed is definitely a driving force that BOTH are guilty of, there has to be a give and take that unions have trouble identifying with. Just troubling to see a giant like Yellow fail. Please excuse my commie comment in the previous post, it was antagonistic and not in making for positive discussion.
 
Union's are pretty balless these days. It is a easy target when things fail.
 
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This is a lesson in debt being poison and that you can't borrow your way out of shitty business ideals. They took on over a billion in debt and through one of the biggest shipping booms in history, they still failed to pay it down. Fucking dumb. They have been teetering on the cusp of bankruptcy for over a decade and never looked for a buyer to take over their operations or management staff to right the ship despite year after year of a booming economy. Even dumber.

The dumbest though was the USG/Trump Admin for loaning them $700MM in bailout bucks that us taxpayers will never see again. Competition is a good thing, and letting the weak businesses fail is a good thing too. People will find other jobs, the shipping industry is still in a massive deficit of employees and everyone who just got laid off stand a very good chance of falling forward into greater success in their next place of employment if they aren't one of the shit heads that aided in YRC going under, but the GOOB liquidation of all those trucks and warehouses aren't going to come close to paying back what they owe to their debtors.

Letting the weak fail and the strong succeed is the American way. We've forgotten that, but we need to remember it.

If this was strictly a union vs non-union conversation, then Teamster staffed and very high paying ABF/ArcBest would be in the shitter even faster than mid-level paying YRC, but they're not. Instead they're booming right along with many of the other LTL carriers who are actually good at moving customers' products because success comes down to good fundamentals, not whether they're union or not. YRC is a shitty company with shitty financials and operations management who deserve to go out of business.
 
This is a lesson in debt being poison and that you can't borrow your way out of shitty business ideals. They took on over a billion in debt and through one of the biggest shipping booms in history, they still failed to pay it down. Fucking dumb. They have been teetering on the cusp of bankruptcy for over a decade and never looked for a buyer to take over their operations or management staff to right the ship despite year after year of a booming economy. Even dumber.

The dumbest though was the USG/Trump Admin for loaning them $700MM in bailout bucks that us taxpayers will never see again. Competition is a good thing, and letting the weak businesses fail is a good thing too. People will find other jobs, the shipping industry is still in a massive deficit of employees and everyone who just got laid off stand a very good chance of falling forward into greater success in their next place of employment if they aren't one of the shit heads that aided in YRC going under, but the GOOB liquidation of all those trucks and warehouses aren't going to come close to paying back what they owe to their debtors.

Letting the weak fail and the strong succeed is the American way. We've forgotten that, but we need to remember it.

If this was strictly a union vs non-union conversation, then Teamster staffed and very high paying ABF/ArcBest would be in the shitter even faster than mid-level paying YRC, but they're not. Instead they're booming right along with many of the other LTL carriers who are actually good at moving customers' products because success comes down to good fundamentals, not whether they're union or not. YRC is a shitty company with shitty financials and operations management who deserve to go out of business.
Viewing your first paragraph in light of 32 Trillion (or is it more now?) national debt should open some eyes...but it wont.
 
Viewing your first paragraph in light of 32 Trillion (or is it more now?) national debt should open some eyes...but it wont.
It's like swiping the AmEx for a fancy $7 Starbucks fuckachino when you're already in the hole for $3.2MM, a minuscule blip of impact in your total debt, but it's completely the story of how you got there.
 
It was the Union that did em in.
BTW, 20k driver jobs, another 8k in office and warehouse jobs.

They also borrowed $700 mill (not positive on that number) during covid from the .guv.
Paid back none or at best a tiny amount of it.
An article I read said they paid back $235M, and paid $54M in interest. REmainder was due Sept '24.

Branden
 
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It's like swiping the AmEx for a fancy $7 Starbucks fuckachino when you're already in the hole for $3.2MM, a minuscule blip of impact in your total debt, but it's completely the story of how you got there.
That is the real story on the college student debt fiasco - not just tuition but the fancy dorms/apartments, fancy meals, fancy coffee added up!
 
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"Unions made America great."
And then they ruined it.
Because like all forms of socialism/communism, it only work for a little while.




Sounds like 20+ years of mismanagement by higher ups in the company.
From bits and pieces I've read around the net, that sounds like a big part of it.
 
That is the real story on the college student debt fiasco - not just tuition but the fancy dorms/apartments, fancy meals, fancy coffee added up!
Very true, but the bulk of it is borrowers having no incentive to pay it off quickly. Their so-called income driven repayment plans incentivize carrying the debt for decades, just like paying the minimum due on a credit card, and it will NEVER get paid off because borrowers aren't forced to make sensible payments with the goal of debt elimination. If borrowers were obligated to the ten year repayment plan, they would actually have the motivation and requirement to eliminate the debt in ten years versus carrying it on for life.

Income driven repayments along with public service loan forgiveness plans are designed to keep people on the government teat for life. It's modern day indentured servitude, and it's fucking evil.

One tip for parents of upcoming and current college students: Students who work a part time job through college and help to pay their own way get better grades and are more successful in their business and personal life. Telling your kids "Get a job" is not a punishment.
 
That is the real story on the college student debt fiasco - not just tuition but the fancy dorms/apartments, fancy meals, fancy coffee added up!

Tuition fees at a CSU are 8000 a year for in state, 20k for out of state, vs 2400 when I went. Back during the 70s when my boomer parents went it was something like 400 bucks lol. I think people say that "they spent too much on Starbucks!" crap because they don't want to admit that we have an entire financial and bureaucratic system that has gone completely off the rails.
 
Mismanagement plain and simple. The fish rots from the head, not the tail.



This.

Only a tiny number of workers are union these days & their "strikes" are nothing.
Ronald Reagan firing the Air Traffic Controls may have contributed to this nothingness.
 
Tuition fees at a CSU are 8000 a year for in state, 20k for out of state, vs 2400 when I went. Back during the 70s when my boomer parents went it was something like 400 bucks lol. I think people say that "they spent too much on Starbucks!" crap because they don't want to admit that we have an entire financial and bureaucratic system that has gone completely off the rails.
It seems like tuition went full retard once they started goverment backed loans that people could never default on. Provided all the means necessary to jack up those tuition rates.

Branden
 
Science and sports departments with big budgets drive up tuition.
A few million for a good science lab, or a new stadium.
Computer labs don't use IBM desktops for CGI graphics classes.
Some majors should be really cheap, but I guess overall cost to operate a top notch university is shared.

Maybe financial classes are using real money? :)
 
It seems like tuition went full retard once they started goverment backed loans that people could never default on. Provided all the means necessary to jack up those tuition rates.

Branden
That and all the bloated administration, high paying title 9 jobs etc.
 
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Fuck the CCP and their OEM companies like Hol0sun, Swamfox, Olite, F33nix, Leofoto.

The CCP has already taken over our smartphones market, our laptops/tablets/computers market... Lenovo (laptops, etc) is a fully owned Chinese company.

TTI is a fully Chinese company and owns Milwaukee Tools, Ryobi Tools, and any Ridgid Tools that are "Orange in color" and not Red, are Chinese owned and licensed from Ridgid USA.

All of the above facts are the perfect reasons to NOT buy Chinese goods- why let them make any more headway into western markets they don't yet control?
US company’s don’t give a shit about US consumers with all their woke bullshit amongst other things so why the fuck should I care about US companies. Don’t get me wrong if I can find a US made product that does what I want for reasonable money I will choose it over a foreign made product. Take Holosun for example they are kicking ass and taking names in the pistol RDS sight department. No current US made product even comes close at the price point they are. So guess what I will buy Holosun all day long until a US made product comes along that has what I want.
 
Stock is up 78% today. Someone knows something.

1690912883747.png
 
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Science and sports departments with big budgets drive up tuition.
A few million for a good science lab, or a new stadium.
Computer labs don't use IBM desktops for CGI graphics classes.
Some majors should be really cheap, but I guess overall cost to operate a top notch university is shared.

Maybe financial classes are using real money? :)

Well CSU Sac has approx 30k students paying approx 8k a year in tuition.

55% of their budget is state funded (non tuition).

So they are theoretically running on 600mil dollars a year :ROFLMAO:

Even if it's half that much there still have to be a lot of administration and bullshit costs that could go bye-bye to lower tuition fees.

Also they received about 3bil in "free money" for the whole CSU system (all CSU colleges) either last year or this year.
 
Well CSU Sac has approx 30k students paying approx 8k a year in tuition.

55% of their budget is state funded (non tuition).

So they are theoretically running on 600mil dollars a year :ROFLMAO:

Even if it's half that much there still have to be a lot of administration and bullshit costs that could go bye-bye to lower tuition fees.

Also they received about 3bil in "free money" for the whole CSU system (all CSU colleges) either last year or this year.
Wealth re-distribution
 
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If I were a chinese company, I wouldn't be looking to further investment in the US given the growing hostilities between the two nations. I don't believe that there's really anything preventing the US .gov from passing a bill that would effectively seize any chinese owned real estate, or US based companies and assign domestic control of those assets. I think we're a long way from that, but what's the stop that from happening? What's china going to do? They depend on US consumption to prop up their economy. Their military would be ineffective at doing anything military against the US mainland, they could however attack US assets in the region that are setting up to protect Taiwan. Last I heard, US is building military bases on several of the islands in the Ryukyu Arc SW of Japan. We're staging for what is anticipated to be the next conflict.

I'm no expert on this though, and I didn't stay at a Holiday Inn Express either. If anything my statement can be considered conspiracy talk.

Sucks for all those employees that are losing their job. This isn't a great time to be looking for work, they claim job numbers are good but negate the possibility that so many of the jobs are 2nd or 3rd jobs for people just trying to make ends meet.

Branden
In case you haven't been up on current events lately.....we have cheerleading teams that are more intimidating than our current military.
 
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US company’s don’t give a shit about US consumers with all their woke bullshit amongst other things so why the fuck should I care about US companies. Don’t get me wrong if I can find a US made product that does what I want for reasonable money I will choose it over a foreign made product. Take Holosun for example they are kicking ass and taking names in the pistol RDS sight department. No current US made product even comes close at the price point they are. So guess what I will buy Holosun all day long until a US made product comes along that has what I want.

Is that you Hunter, or is this the Big Guy himself ?!

One would have to be a fool to think a western company could compete on price with a Chinese company!

Like you, Joe Biden operates with a very similar mindset and contempt for Americans- he doesn't care about Americans' jobs, well being, security, etc. Like you, he only cares about himself.

He too is a big supporter of Chinese communism, and doesn't give a shit that the CCP pays slave wages, manipulates its currency to always be at an advantage, undercuts the markets of the free world, steals designs and intellectual property, and steals entire industries from western nations.

Joe Biden ALSO expects Americans to work as cheaply as Chinese workers at slave wages, and expects western nations' companies to compete against China, despite China having very few of our business regulations' and other costs.

And Biden expects to be wealthy by any means necessary, while not caring what average Americans' are suffering through.
1690915419607.jpeg
 
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He too is a big supporter of Chinese communism, and doesn't give a shit that the CCP pays slave wages, manipulates its currency to always be at an advantage, undercuts the markets of the free world, steals designs and intellectual property, and steals entire industries from western nations.
Ha Ha I don't even know where to begin on most of your reply you draw some pretty outrageous conclusions, but I will comment on this....

"manipulates its currency to always be at an advantage"........WTF do you think the US has done all these years?

"steals designs and intellectual property, and steals entire industries from western nations".....Ha Ha this is almost laughable You mean they reverse engineer products that US company's glady had made in China with cheap slave labor then wonder why their products get copied and end up on Amazon or ebay......LOL I don't feel sorry one bit.
 
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Science and sports departments with big budgets drive up tuition.
A few million for a good science lab, or a new stadium.
Computer labs don't use IBM desktops for CGI graphics classes.
Some majors should be really cheap, but I guess overall cost to operate a top notch university is shared.

Maybe financial classes are using real money? :)
Research Science labs pay for themselves via grant funding (either public, private, or both) Universities compete with each other to recruit faculty because the grants are tied to the researcher and not to the university. When a faculty member pulls down a grant to support his/her research (which pays for all of the instrumentation, consumables, and salaries for the faculty member, lab admin staff, grad students, post docs, and research assistants), the university is granted with an (usually) equal amount of funding for lights, water, support staff, etc. A prolificly publishing researcher with an active grant is a golden goose for the university. Those researchers who fail to obtain/renew their research grants live tenuous lives as they cost the University money. This condition is usually not allowed to continue for more than 1 or 2 Grant cycles. Publish or perish is a real thing.

And, new buildings on University campuses are typically “endowed” and cost the Universities little. There’s a reason that there’s some rich white guy’s name on that research building…

Likewise, big time athletics programs are revenue generators. They have the budgets that they do, because they make the money.
 
Help me understand, to which occupations do you refer?




P

Not the large teacher union but one of the smaller ones helps teachers ensure the board negotiates in good faith. Some school boards are pretty vicious when it comes to freezing pay, upping premiums, reducing support etc.

They also helped a falsely accused teacher keep his job, however the guy ended up retiring after a year due to mental stress caused by the false allegation (the public was not nice to the guy).

I'm not a union guy and I think they do protect laziness but in some instances they do help the worker.