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no_such_reality
Participant[quote=scaredyclassic]mechanical eng.
hes open to being part of the military industrial complex.[/quote]
My first thought, he should probably be beating the door down on places like SpaceX.
no_such_reality
ParticipantNo, don’t backtrack. A good 80% of IT work is ‘grudge’ work. Most IT orgs are running 80% maintenance/20% new.
Maintenance is defacto grudge work, even if it is skilled. Even within that, there’s a pecking order of “grudge” being the first level service people. That is coming back. Most of maintenance that is going is gone that which remains, remains because of on-shore fears of not being able to touch their IT support or other embedded concerns. Make no mistake, a properly functioning and efficient IT maintenance organization has reduced the positions to a factory assembly line role. that’s grudge, IMHO.
Even then, it isn’t the grudge work getting outsourced anyore, it’s new development work of architecting, designing, building and implementing the new solution.
In fact, the more non-vanilla the major implementation is, the more likily it will be outsourced and done off shore. Almost every major ERP/CRM implementation even when “kept in-house” is 80% outsourced and the majority of it is off-shore. Almost all the custom coding will be done off-shore.
Some like Tata are completely off-shore with an on-shore team of mostly H1-b/H2-bs and others are “hybridized” with anywhere from a 5-20% on shore mix.
no_such_reality
ParticipantI don’t think anything meaningful will change on the H1-b front.
flu is wrong on the IT grudge work. The grudge work is starting to come back on shore. It’s all the mid-level/high level IT stuff now that is mostly getting impacted because of the pay differential.
IMO, the H1-b and more importantly, the outsourcing stances are really just management exercises in addressing core structural problems they’ve been lax in addressing for a long time. It’s the path of least resistance. They can address the cost impact of the speed/cost/quality triangle without having to address the underlying demands affecting the utilization.
It doesn’t fix the problem but does for executive management fix the cost/headcount issues that are often spiraling out of control. IT often has been treated as a public good in corporations and all the demand problems that go along with that. Essentially, the corp execs privatize it.
The one thing flu is right on this front is that you should intervene if your graduate is about to take an IT position. It would be like taking a manufacturing job in 1980s, IMHO. Sure there will be jobs around, but displacement, chaos will be the norm.
no_such_reality
ParticipantValuations matter for the buy, and 2006 was basically tulip mania, even those however are close to nominal level.
If you could make the purchase pencil without appreciation, you’re golden.
California has been on a 200+ year grow out though. The last 50 years being relatively robust.
Contrast that with say, Detroit proper.
no_such_reality
ParticipantNovember 11, 2016 at 6:47 AM in reply to: Electoral College: the disenfranchisement of Californians #803525no_such_reality
ParticipantWhich side is the cultural revolution?

no_such_reality
Participant[quote=flu]
So what’s the solution? Disenfranchise people? The people voted for this.
A lot of people. This is what a lot of people wanted. [/quote]Well, technically, 59 million and change. Something around 0.25% more voted for Hillary (as of counting yesterday).
Of course, nearly twice the amount that were eligible to vote, didn’t. Yes, that’s right, right around 113 million didn’t vote.
Honestly, I’m not sure if that’s good or bad. And, I voted for Johnson, third party, no chance of winning in California hoping Libertarians would crest a perception threshold to become viable. Essentially, I didn’t vote either.
IMO, the solution starts with removing the freedom of speech, in the form of money from all aspects of politics. Not just campaigns, not just PACs, lobbying, etc. That’s the corporations and the unions. Let the unions run a campaign to get their members to individually send in the money. Strip the Koch brothers and Soros or their ability to drown the country in their message. Stop Monsanto from buying legislation and funding campaigns.
Until then, we will have protests, that look to me an awful lot like a staged PAC activity.
no_such_reality
Participant.
no_such_reality
Participant[quote=svelte]And doubly confounding that the markets are OK today. So far. This is exactly why I could never be a day trader. Extremely hard to figure out what the markets will do next.[/quote]
I think the markets are that fast, and global.
The panic started up about 6PM PST yesterday, when, IMHO, CNN and other major news outlets, weren’t calling states like MI, PA for Hillary.
That’s why futures cratered over night. They by the time Japan got to mid-day, they were already bargain hunting.
no_such_reality
Participant[quote=flu][quote=no_such_reality]quit toying with the market flu, I’m still rebuilding my 5 year ladder.[/quote]
dude, i should have toyed with the election and bought more gold the night before…Than hillary might have won, as that would have been the only way metals would have crashed. ha ha
Anyway, be safe out there…..As obama said, the sun still rises.. life goes on.[/quote]
We still live in California. California has been on the same path since President Bill Clinton. President Bush, 9/11, Iraq war, President Obama, and on-going international sh*t storms, California troops on with little impact from Washington.
It might hiccup, it might pull back, but we’re still in California and we’re still moving the same direction as last year.
no_such_reality
Participantquit toying with the market flu, I’m still rebuilding my 5 year ladder.
no_such_reality
ParticipantYea, all three just turned positive.
no_such_reality
ParticipantHmm, market is open but down only 70 pts.
no_such_reality
ParticipantHis next move is starting to build a rational transition team.
The move after that is hopefully backing away from a lot of the rhetoric of the campaign.
As for President Obama pardoning Clinton, while possible, that might be the final nail in the DNC for fixing it against Bernie.
Anyway, hopefully that’s the path they take.
Besides we’re still 70 days from inauguration. Come Monday, the stock markets may be cratered, or may be bounced back.
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