[joec]

The problem with using incentives to improve budgeting and waste in government and the corporate world is that whatever happens, they are already rewarded either way. Think of the golden parachutes for execs and senior managers. All the ousted CEOs and top exec VPs get many times their salary if forced out. In government and city employment, you read so many articles of huge benefit packages already, they are getting rewards no matter what happens so there is no incentive to do anything at this point.

When I was in the corporate world, we also had the use it or lose it mentality (in terms of head count, budget dollars) and it’s unfortunate that companies and government can’t run like a household to actually save money.

Maybe it’s the length and term of employment nowadays. Lack of funds in the future or if the company/government collapses, at least you got yours and the future is not your problem anymore.

[joec]

The problem with using incentives to improve budgeting and waste in government and the corporate world is that whatever happens, they are already rewarded either way. Think of the golden parachutes for execs and senior managers. All the ousted CEOs and top exec VPs get many times their salary if forced out. In government and city employment, you read so many articles of huge benefit packages already, they are getting rewards no matter what happens so there is no incentive to do anything at this point.

When I was in the corporate world, we also had the use it or lose it mentality (in terms of head count, budget dollars) and it’s unfortunate that companies and government can’t run like a household to actually save money.

Maybe it’s the length and term of employment nowadays. Lack of funds in the future or if the company/government collapses, at least you got yours and the future is not your problem anymore.

[joec]

The problem with using incentives to improve budgeting and waste in government and the corporate world is that whatever happens, they are already rewarded either way. Think of the golden parachutes for execs and senior managers. All the ousted CEOs and top exec VPs get many times their salary if forced out. In government and city employment, you read so many articles of huge benefit packages already, they are getting rewards no matter what happens so there is no incentive to do anything at this point.

When I was in the corporate world, we also had the use it or lose it mentality (in terms of head count, budget dollars) and it’s unfortunate that companies and government can’t run like a household to actually save money.

Maybe it’s the length and term of employment nowadays. Lack of funds in the future or if the company/government collapses, at least you got yours and the future is not your problem anymore.

[joec]

[quote=flu][quote=Eugene] Again, where does most of the money go? To light bulb manufacturers. Those are probably located in the United States because of the ‘buy American’ provision in the stimulus bill (Republicans wanted to take it out, but failed). Did anyone count jobs saved and created in the company that produced and supplied light bulbs, and in the company that produced raw materials for those light bulbs …? Evidently not.[/quote]

HA HA…Are you serious…Take a look at any compact florescent or LED based light…Find me one that is made here? I guarantee it will be either Mexico or China….[/quote]

No idea on LEDs, but ALL CFLs are made outside the US (and most in China) according to today’s article in the San Diego Union tribune.

[joec]

[quote=flu][quote=Eugene] Again, where does most of the money go? To light bulb manufacturers. Those are probably located in the United States because of the ‘buy American’ provision in the stimulus bill (Republicans wanted to take it out, but failed). Did anyone count jobs saved and created in the company that produced and supplied light bulbs, and in the company that produced raw materials for those light bulbs …? Evidently not.[/quote]

HA HA…Are you serious…Take a look at any compact florescent or LED based light…Find me one that is made here? I guarantee it will be either Mexico or China….[/quote]

No idea on LEDs, but ALL CFLs are made outside the US (and most in China) according to today’s article in the San Diego Union tribune.

[joec]

[quote=flu][quote=Eugene] Again, where does most of the money go? To light bulb manufacturers. Those are probably located in the United States because of the ‘buy American’ provision in the stimulus bill (Republicans wanted to take it out, but failed). Did anyone count jobs saved and created in the company that produced and supplied light bulbs, and in the company that produced raw materials for those light bulbs …? Evidently not.[/quote]

HA HA…Are you serious…Take a look at any compact florescent or LED based light…Find me one that is made here? I guarantee it will be either Mexico or China….[/quote]

No idea on LEDs, but ALL CFLs are made outside the US (and most in China) according to today’s article in the San Diego Union tribune.

[joec]

[quote=flu][quote=Eugene] Again, where does most of the money go? To light bulb manufacturers. Those are probably located in the United States because of the ‘buy American’ provision in the stimulus bill (Republicans wanted to take it out, but failed). Did anyone count jobs saved and created in the company that produced and supplied light bulbs, and in the company that produced raw materials for those light bulbs …? Evidently not.[/quote]

HA HA…Are you serious…Take a look at any compact florescent or LED based light…Find me one that is made here? I guarantee it will be either Mexico or China….[/quote]

No idea on LEDs, but ALL CFLs are made outside the US (and most in China) according to today’s article in the San Diego Union tribune.

[joec]

[quote=flu][quote=Eugene] Again, where does most of the money go? To light bulb manufacturers. Those are probably located in the United States because of the ‘buy American’ provision in the stimulus bill (Republicans wanted to take it out, but failed). Did anyone count jobs saved and created in the company that produced and supplied light bulbs, and in the company that produced raw materials for those light bulbs …? Evidently not.[/quote]

HA HA…Are you serious…Take a look at any compact florescent or LED based light…Find me one that is made here? I guarantee it will be either Mexico or China….[/quote]

No idea on LEDs, but ALL CFLs are made outside the US (and most in China) according to today’s article in the San Diego Union tribune.

[joec]

Yeah, I hate Chase and BofA…One reason that I avoid all these free cash promos now. Not only is your information now at another institution, but the headache to deal with ANY problems just sucks big time…

I just had an issue with my son’s acct which they were charging him that $5/fee when it was mentioned that it was no fee when the acct was opened. Went back and forth and in the end, the guy opened the wrong account to begin with.

The supervisor’s/branch managers suck too at Chase and don’t do squat.

I think I mentioned my BofA issue earlier as well which I don’t think is resolved yet.

Oh yeah, wait till year end, you’ll get a 1099 for the $100 for the new account as well (we needed to open a biz acct so got that promo). Yep, don’t let the door hit you in the *ss on the way out!

I closed out my BofA acct a while back and they wouldn’t issue me a check since a cashier’s check cost $15 bucks or so…No exceptions according to the lady teller.

I also closed out my acct at SDCCU (didn’t need a mortgage anymore and trying to ‘simplify’ my life) and they had a fee, but the nice teller at least just waived it and cut me a check.

Just think, we bailed out a lot of these banks too.

I haven’t gotten around to it, but I am planning to open a Schwab IRA acct as well as a bank acct for their no fee ATMs worldwide. Maybe they aren’t as bad.

You’d think someone can fix minor fee problems for you at any of these places, but the penalty fees make up 2/3rds(?) of a banks revenue/profits or something insane so that maybe why they are so anal about it.

Anyone know if Union bank fees you to death as well?

[joec]

Yeah, I hate Chase and BofA…One reason that I avoid all these free cash promos now. Not only is your information now at another institution, but the headache to deal with ANY problems just sucks big time…

I just had an issue with my son’s acct which they were charging him that $5/fee when it was mentioned that it was no fee when the acct was opened. Went back and forth and in the end, the guy opened the wrong account to begin with.

The supervisor’s/branch managers suck too at Chase and don’t do squat.

I think I mentioned my BofA issue earlier as well which I don’t think is resolved yet.

Oh yeah, wait till year end, you’ll get a 1099 for the $100 for the new account as well (we needed to open a biz acct so got that promo). Yep, don’t let the door hit you in the *ss on the way out!

I closed out my BofA acct a while back and they wouldn’t issue me a check since a cashier’s check cost $15 bucks or so…No exceptions according to the lady teller.

I also closed out my acct at SDCCU (didn’t need a mortgage anymore and trying to ‘simplify’ my life) and they had a fee, but the nice teller at least just waived it and cut me a check.

Just think, we bailed out a lot of these banks too.

I haven’t gotten around to it, but I am planning to open a Schwab IRA acct as well as a bank acct for their no fee ATMs worldwide. Maybe they aren’t as bad.

You’d think someone can fix minor fee problems for you at any of these places, but the penalty fees make up 2/3rds(?) of a banks revenue/profits or something insane so that maybe why they are so anal about it.

Anyone know if Union bank fees you to death as well?

[joec]

Yeah, I hate Chase and BofA…One reason that I avoid all these free cash promos now. Not only is your information now at another institution, but the headache to deal with ANY problems just sucks big time…

I just had an issue with my son’s acct which they were charging him that $5/fee when it was mentioned that it was no fee when the acct was opened. Went back and forth and in the end, the guy opened the wrong account to begin with.

The supervisor’s/branch managers suck too at Chase and don’t do squat.

I think I mentioned my BofA issue earlier as well which I don’t think is resolved yet.

Oh yeah, wait till year end, you’ll get a 1099 for the $100 for the new account as well (we needed to open a biz acct so got that promo). Yep, don’t let the door hit you in the *ss on the way out!

I closed out my BofA acct a while back and they wouldn’t issue me a check since a cashier’s check cost $15 bucks or so…No exceptions according to the lady teller.

I also closed out my acct at SDCCU (didn’t need a mortgage anymore and trying to ‘simplify’ my life) and they had a fee, but the nice teller at least just waived it and cut me a check.

Just think, we bailed out a lot of these banks too.

I haven’t gotten around to it, but I am planning to open a Schwab IRA acct as well as a bank acct for their no fee ATMs worldwide. Maybe they aren’t as bad.

You’d think someone can fix minor fee problems for you at any of these places, but the penalty fees make up 2/3rds(?) of a banks revenue/profits or something insane so that maybe why they are so anal about it.

Anyone know if Union bank fees you to death as well?

[joec]

Yeah, I hate Chase and BofA…One reason that I avoid all these free cash promos now. Not only is your information now at another institution, but the headache to deal with ANY problems just sucks big time…

I just had an issue with my son’s acct which they were charging him that $5/fee when it was mentioned that it was no fee when the acct was opened. Went back and forth and in the end, the guy opened the wrong account to begin with.

The supervisor’s/branch managers suck too at Chase and don’t do squat.

I think I mentioned my BofA issue earlier as well which I don’t think is resolved yet.

Oh yeah, wait till year end, you’ll get a 1099 for the $100 for the new account as well (we needed to open a biz acct so got that promo). Yep, don’t let the door hit you in the *ss on the way out!

I closed out my BofA acct a while back and they wouldn’t issue me a check since a cashier’s check cost $15 bucks or so…No exceptions according to the lady teller.

I also closed out my acct at SDCCU (didn’t need a mortgage anymore and trying to ‘simplify’ my life) and they had a fee, but the nice teller at least just waived it and cut me a check.

Just think, we bailed out a lot of these banks too.

I haven’t gotten around to it, but I am planning to open a Schwab IRA acct as well as a bank acct for their no fee ATMs worldwide. Maybe they aren’t as bad.

You’d think someone can fix minor fee problems for you at any of these places, but the penalty fees make up 2/3rds(?) of a banks revenue/profits or something insane so that maybe why they are so anal about it.

Anyone know if Union bank fees you to death as well?

[joec]

Yeah, I hate Chase and BofA…One reason that I avoid all these free cash promos now. Not only is your information now at another institution, but the headache to deal with ANY problems just sucks big time…

I just had an issue with my son’s acct which they were charging him that $5/fee when it was mentioned that it was no fee when the acct was opened. Went back and forth and in the end, the guy opened the wrong account to begin with.

The supervisor’s/branch managers suck too at Chase and don’t do squat.

I think I mentioned my BofA issue earlier as well which I don’t think is resolved yet.

Oh yeah, wait till year end, you’ll get a 1099 for the $100 for the new account as well (we needed to open a biz acct so got that promo). Yep, don’t let the door hit you in the *ss on the way out!

I closed out my BofA acct a while back and they wouldn’t issue me a check since a cashier’s check cost $15 bucks or so…No exceptions according to the lady teller.

I also closed out my acct at SDCCU (didn’t need a mortgage anymore and trying to ‘simplify’ my life) and they had a fee, but the nice teller at least just waived it and cut me a check.

Just think, we bailed out a lot of these banks too.

I haven’t gotten around to it, but I am planning to open a Schwab IRA acct as well as a bank acct for their no fee ATMs worldwide. Maybe they aren’t as bad.

You’d think someone can fix minor fee problems for you at any of these places, but the penalty fees make up 2/3rds(?) of a banks revenue/profits or something insane so that maybe why they are so anal about it.

Anyone know if Union bank fees you to death as well?

[joec]

In terms of preference, I would actually prefer NOT to live close to/or in a golf resort (again, this is personal preference). Same goes for avoiding homes with pools, club houses, etc…

Agree with the comment above on condos as permabear above.

Funny thing with a lot of the ads is that all those things are standard in most any new development from here to Santee. 🙂

[joec]

In terms of preference, I would actually prefer NOT to live close to/or in a golf resort (again, this is personal preference). Same goes for avoiding homes with pools, club houses, etc…

Agree with the comment above on condos as permabear above.

Funny thing with a lot of the ads is that all those things are standard in most any new development from here to Santee. 🙂

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