Politics

[Datchew]

Did you just say FFS? Hilarious. I feel your pain

Sorry. Lol.

Favorite saying of my Brit boss.
Things like balls-ache, fu**-all (as denoting a quantity,) and a few others are creeping into my vocab.

 

[Louis Toadvine]

Yeah, my son-in-law originally chose the business financing side of law as he did not want to keep those kind of hours. He was interfacing with bankers, so bankers hours for the most part. Then, he made a lateral move to a hedge fund and became an investment banker, again business hours except for the international business hours at times.

Investment banking (particularly M&A and leveraged finance groups), private equity, and some forms of public market investing (multi-pod hedge funds) are typically super demanding, high hour jobs far outside typical "banker" or business hours. 80-100 work weeks are the norm for young bankers/investors (analysts/associates/VPs) working in major markets (NYC, Silicon Valley, London). And there's massive, constant unpredictability in the hours (e.g. if you're working on a live deal, you could work all-nighters on Saturday and Sunday and find out about it at lunchtime Saturday, or you could be asked to work the deal over Christmas, Thanksgiving, etc.). The commercial and corporate side of banking and some of the coverage (non-product) sides of I-Banking like debt capital markets have more chill hours. And commercial banking in a community or regional bank is usually an 8-5 kind of job, maybe a bit more once you hit SVP+.

There's a (potentially apocryphal) story about an investment bank (a notorious sweatshop) who at one point would ask analyst and associate candidates during interviews: "How many hours in a week?" And when the eager and well-prepped candidate answered, "168!", the interviewer would ask: "Correct. How do you feel about working 120 of them?"

 

[John Wasmuth]

If Trump would just stick to her failing policies that’d be great…….

 

[flatwater bill]

The CIA is busy fomenting another regime change......this time in Venezuela. The blue print is always the same.......soft invasion, NGO's, buy politicians, tell the young people that the election was fraudulent (maybe it was), then let the Legacy US media pick it up, and chant "we need to defend democracy", then threats of US intervention. All that has just happened. Remember Gweedo? No? Actually, that's phonetic. It is spelled Guaido........Juan Guaido. The puppet "President" that we installed a few years ago? Ya, he was thrown out by his own people. (somehow that didn't get covered").....lack of transparency with billions of dollars of money in the international arena (sanctioned by the US.) Anyway, if you think for yourself a little you can follow this until the sheep bleat out "we need to go to war". Again. And remember, the largest oil reserves in the Western Hemisphere have nothing what so ever to do with it. It's democracy, damn it!............13 Venezuelans working near my house laying an underground cable brought this to mind. I talked with them today. They were bussed up 11 days ago..................FWB

 

[John Wasmuth]

Christians In Action once again……

 

[DillonG]

 

[Red Leg]

View attachment 623405

In been three years - shouldn’t all the vaccinated be dead by now? Like so many of these things, the assertion seems to cut both ways.

 

[freefall]

Tell we dullards the other way.

 

[Ridge Runner]

Im not sure Im tracking your question/statement here...

Regarding foreign workers (what I may not have made clear).. some of ours work in their home countries, have no intent to relocate to the US.. and are working in jobs specific to their home countries and/or some other foreign nation (ie the attorney from Sierra Leone that worked for us in Morocco)...

In other cases, we're very intentionally offshoring work that would otherwise be US based.. the internet makes this pretty easy... in a world full of teleworkers, it doesnt really matter if someone lives in Detroit or Dar Es Salaam... as long as there is good internet, good cell connectivity, and an airport within a reasonable distance, teleworkers (most office positions) can be executed from just about anywhere these days..

So what youre seeing is more and more companies offshoring positions that have historically been US based "office" positions.. whether its engineers, IT folks, accountants, HR, project managers, etc..

Generally speaking these people make substantially more working for US firms than they can make working locally.. and they have the added benefit of being "teleworkers" (theyre not having to report to some cubicle in an office in downtown manila, etc)... but they arent making the kind of money that would upset their local economy or have much impact outside of their own personal household... if companies were paying them those sorts of wages, there would be no point in hiring them at all... you'd just hire US citizens..

What I tried to point out to those saying you were low balling your foreign employees salaries vs salaries paid to American employees doing the equivalent work.

In that your hired foreign employees that are being paid in USD are being paid a higher salary compared to an equivalent employee doing the same job in a company in the same country at that country's dollar value when those that are condemning your pay scale consider the monetary exchange rate.

To quote from one of your earlier posts which seems to have went over a few heads.....:
We paid her $32K a year.. which seems like a pittance compared to what a US based attorney would have cost to do the same work.... but was a Kings Ransom for her.. she was super happy to have the job.. busted her ass every day.. did exceptional work

Another point I was trying to make:
Seems these members chastising you on your hiring foreigners, paying them a fraction of an American employee's salary, don't understand is that when a US company moves their operation to a foreign country that American company is limited to what they can pay indigenous employees so as not to destabilize that country's economy and further devalue that country's currency.

As my examples I used Zimbabwe, probably a poor choice on my part as I was trying to illustrate where the locals don't fully understand and actually over value the USD. However, the extreme flip side (being very brief and very over simplfied) where we were at in South America, we were on the verge of destabilizing the country's barter system, further devaluating their currency, and we were causing a national inflation.

Also what others seem to not realize is Americans are not always "acceptable" to foreign business leaders. Some foreign business leaders would rather make deals with someone they feel more "at home with" than American that knows little to nothing about their customs and courtesies.

 

[Tanks]

...

Also what others seem to not realize is Americans are not always "acceptable" to foreign business leaders. Some foreign business leaders would rather make deals with someone they feel more "at home with" than American that knows little to nothing about their customs and courtesies.

That is also why for outsourced work you hire your foreign employees through a local entity at the country of origin. One that can pay all the employment taxes etc..

 

[sgt_zim]

 

[DieJager]

Sounds like we could all use a diversion of thought--here's one for you. Around 1936 the right wingers in Spain felt they had been cheated out of an election. Already unhappy and feeling disenfranchised they reacted violently to an incident in which three of their political leaders were supposedly killed by police. Unbeknownst to them the police were not involved--leftists posing as police were intentionally inciting them. They took the bait and a civil war ensued. Neighborhoods armed themselves, etc. The rest is in the history books.
Fast forward to 2020. An election was stolen, Jan 6 sentiments were equal if not harsher than those motivating the Antifa led riots. WHAT IF it is all as manipulated as the 1936 Spanish civil war. Could we believe that the left is being manipulated by socialists while the right is being inflamed by manipulated events? What might have transpired if Trump had been assassinated? Our own civil war, perhaps? Who would benefit from that the most? Suppose Russia/China/North Korea/Iran wanted to attack us--would there ever be a better time than during a US civil war? Not only weakened, but if attacked from without, confused about where the attack came from and reacting as if it were from fellow citizens?

If you want to know more about the Spanish Civil War. Read " Mine were of trouble' by Peter Kemp. The right wing saved Europe from a communist country in the South of Europe. The communist were brutally murdering priests and raping nuns wholesale trough the country. Franco saved Spain.

 

[WAB]

Tell we dullards the other way.

Shouldn’t the vaccinated be dead as well?