Time to fire 30% of public employees

[TheBreeze]

[quote=fat_lazy_union_worker]
Rule #4: respect your youthful colleagues (fresh grads). These folks, most likely will be your future bosses.

[/quote]

It’ll be a cold day in hell before I take orders from some wet-behind-the-ears whippersnapper.

[patientrenter]

CA Renter, private lenders could not compete with loans from FNMA or Freddie that give away govt guarantees. Because of that, private lenders could only operate succesfully at the margins of the market. In a rational market, they would not receive much funding for these marginal loans. Enter the Federal Reserve’s easy money policy, and you go from a normal housing cycle to an unprecedented bubble.

I sure hope that serious economists, minus the political hacks on either side, will move to a consensus in the next year or two on the most important underlying causes of this financial crisis. If Dodd, Frank,and Schumer aren’t fingered, along with the “deficits don’t matter” Republican group, then we are guaranteed to have a repeat, in housing or elsewhere.

[patientrenter]

CA Renter, private lenders could not compete with loans from FNMA or Freddie that give away govt guarantees. Because of that, private lenders could only operate succesfully at the margins of the market. In a rational market, they would not receive much funding for these marginal loans. Enter the Federal Reserve’s easy money policy, and you go from a normal housing cycle to an unprecedented bubble.

I sure hope that serious economists, minus the political hacks on either side, will move to a consensus in the next year or two on the most important underlying causes of this financial crisis. If Dodd, Frank,and Schumer aren’t fingered, along with the “deficits don’t matter” Republican group, then we are guaranteed to have a repeat, in housing or elsewhere.

[patientrenter]

CA Renter, private lenders could not compete with loans from FNMA or Freddie that give away govt guarantees. Because of that, private lenders could only operate succesfully at the margins of the market. In a rational market, they would not receive much funding for these marginal loans. Enter the Federal Reserve’s easy money policy, and you go from a normal housing cycle to an unprecedented bubble.

I sure hope that serious economists, minus the political hacks on either side, will move to a consensus in the next year or two on the most important underlying causes of this financial crisis. If Dodd, Frank,and Schumer aren’t fingered, along with the “deficits don’t matter” Republican group, then we are guaranteed to have a repeat, in housing or elsewhere.

[patientrenter]

CA Renter, private lenders could not compete with loans from FNMA or Freddie that give away govt guarantees. Because of that, private lenders could only operate succesfully at the margins of the market. In a rational market, they would not receive much funding for these marginal loans. Enter the Federal Reserve’s easy money policy, and you go from a normal housing cycle to an unprecedented bubble.

I sure hope that serious economists, minus the political hacks on either side, will move to a consensus in the next year or two on the most important underlying causes of this financial crisis. If Dodd, Frank,and Schumer aren’t fingered, along with the “deficits don’t matter” Republican group, then we are guaranteed to have a repeat, in housing or elsewhere.

[patientrenter]

CA Renter, private lenders could not compete with loans from FNMA or Freddie that give away govt guarantees. Because of that, private lenders could only operate succesfully at the margins of the market. In a rational market, they would not receive much funding for these marginal loans. Enter the Federal Reserve’s easy money policy, and you go from a normal housing cycle to an unprecedented bubble.

I sure hope that serious economists, minus the political hacks on either side, will move to a consensus in the next year or two on the most important underlying causes of this financial crisis. If Dodd, Frank,and Schumer aren’t fingered, along with the “deficits don’t matter” Republican group, then we are guaranteed to have a repeat, in housing or elsewhere.

[Coronita]

[quote=TheBreeze][quote=fat_lazy_union_worker]
Rule #4: respect your youthful colleagues (fresh grads). These folks, most likely will be your future bosses.

[/quote]

It’ll be a cold day in hell before I take orders from some wet-behind-the-ears whippersnapper. [/quote]

Suit yourself. You’ll be in the 40ies one day, and one you’ll realize that most people around you are much younger and more productive that you are… I’m not close to that age, but getting there.

[Coronita]

[quote=TheBreeze][quote=fat_lazy_union_worker]
Rule #4: respect your youthful colleagues (fresh grads). These folks, most likely will be your future bosses.

[/quote]

It’ll be a cold day in hell before I take orders from some wet-behind-the-ears whippersnapper. [/quote]

Suit yourself. You’ll be in the 40ies one day, and one you’ll realize that most people around you are much younger and more productive that you are… I’m not close to that age, but getting there.

[Coronita]

[quote=TheBreeze][quote=fat_lazy_union_worker]
Rule #4: respect your youthful colleagues (fresh grads). These folks, most likely will be your future bosses.

[/quote]

It’ll be a cold day in hell before I take orders from some wet-behind-the-ears whippersnapper. [/quote]

Suit yourself. You’ll be in the 40ies one day, and one you’ll realize that most people around you are much younger and more productive that you are… I’m not close to that age, but getting there.

[Coronita]

[quote=TheBreeze][quote=fat_lazy_union_worker]
Rule #4: respect your youthful colleagues (fresh grads). These folks, most likely will be your future bosses.

[/quote]

It’ll be a cold day in hell before I take orders from some wet-behind-the-ears whippersnapper. [/quote]

Suit yourself. You’ll be in the 40ies one day, and one you’ll realize that most people around you are much younger and more productive that you are… I’m not close to that age, but getting there.

[Coronita]

[quote=TheBreeze][quote=fat_lazy_union_worker]
Rule #4: respect your youthful colleagues (fresh grads). These folks, most likely will be your future bosses.

[/quote]

It’ll be a cold day in hell before I take orders from some wet-behind-the-ears whippersnapper. [/quote]

Suit yourself. You’ll be in the 40ies one day, and one you’ll realize that most people around you are much younger and more productive that you are… I’m not close to that age, but getting there.

[TheBreeze]

[quote=fat_lazy_union_worker]

Suit yourself. You’ll be in the 40ies one day, and one you’ll realize that most people around you are much younger and more productive that you are… I’m not close to that age, but getting there.[/quote]

FLUW, the key is to work smarter, not harder. If a young, go-getter comes into your group you just have to find a way to get credit for his or her work. Have the politically clueless, but hard-working whippersnapper do all the grunt work while you present the finished product or proposal to upper management. This is what all good managers do.

You just have to learn to play the political game. It’s not about how productive you are, it’s about how productive upper management thinks you are. 😉

[TheBreeze]

[quote=fat_lazy_union_worker]

Suit yourself. You’ll be in the 40ies one day, and one you’ll realize that most people around you are much younger and more productive that you are… I’m not close to that age, but getting there.[/quote]

FLUW, the key is to work smarter, not harder. If a young, go-getter comes into your group you just have to find a way to get credit for his or her work. Have the politically clueless, but hard-working whippersnapper do all the grunt work while you present the finished product or proposal to upper management. This is what all good managers do.

You just have to learn to play the political game. It’s not about how productive you are, it’s about how productive upper management thinks you are. 😉

[TheBreeze]

[quote=fat_lazy_union_worker]

Suit yourself. You’ll be in the 40ies one day, and one you’ll realize that most people around you are much younger and more productive that you are… I’m not close to that age, but getting there.[/quote]

FLUW, the key is to work smarter, not harder. If a young, go-getter comes into your group you just have to find a way to get credit for his or her work. Have the politically clueless, but hard-working whippersnapper do all the grunt work while you present the finished product or proposal to upper management. This is what all good managers do.

You just have to learn to play the political game. It’s not about how productive you are, it’s about how productive upper management thinks you are. 😉

[TheBreeze]

[quote=fat_lazy_union_worker]

Suit yourself. You’ll be in the 40ies one day, and one you’ll realize that most people around you are much younger and more productive that you are… I’m not close to that age, but getting there.[/quote]

FLUW, the key is to work smarter, not harder. If a young, go-getter comes into your group you just have to find a way to get credit for his or her work. Have the politically clueless, but hard-working whippersnapper do all the grunt work while you present the finished product or proposal to upper management. This is what all good managers do.

You just have to learn to play the political game. It’s not about how productive you are, it’s about how productive upper management thinks you are. 😉

[Author]

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