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k-289
Senior Advisor

Changing Times

Remember  the  saying ,  put it - U,  on  a  S L O W  boat  TO  China ,  and  now , in just a  couple  decades , we  need  a  speed  boat  from  THAT  LOCATION  -  -  -

Marketing  conditions  are  chaotic , with  Red , White , & Blue  bellowing , with  a  made in  China tag  -  ? 

Now  What  - ?  

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12 Replies
dwillinois
Senior Contributor

Re: Changing Times

There was guy who was trying to change that but his tweets were to mean so I guess its business as usual like the last 30 yrs

k-289
Senior Advisor

Re: Changing Times

Speaking of  years  ago  , today , the  20th  anniversary  of  Enron  filing  bankruptcy  -  -  -

Was  it  due  to  bad  marketing  - ? - ?  - ?    

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BA Deere
Honored Advisor

Re: Changing Times

We missed the 10th anniversary of Solyndra`s bankruptcy.

The company filed for bankruptcy on September 1, 2011, and investigation found Solyndra executives misled federal officials to obtain $535 million in government-backed loans, with the help of former President Barack Obama's White House. 

sw363535
Honored Advisor

Re: Changing Times

Yes yes yes ....... absolutely bad marketing..... facilitated by congress who praised them until their lies were exposed.

Marketing like a corporate "Madoff".......Selling products that were impossible to deliver while  Selling their own stock in their corporation,  while sinking largely employee owned stock for a personal profit while the Corporation they are responsible for goes down the tubes.......   

Congress did the same but is never held responsible for their lies. (green energy, switchgrass, battery driven car safety, for instance). Under the table handouts for wind energy that is only as good as its federal underwriting.  Handing out billions to foreign entities to reinvest it in ethanol endeavors that never market a ton of any type of energy.......

Enron is a terrible deal that hurt hundreds of thousands of present and former employees because they tied up their retirement plans in investment scams and trash stock.   Congress is highly involved with Enron...as they were approving and funding monopoly positions in utilities just like they did in pharmacy, Seed production, and technology... just a few examples of the scaling down of the US economy.  Enron's only mistake was not greasing enough congressional palms to get bailed out like General Motors did.

Both created the opportunity for what happened and in the process took down one of the best Accounting Firms in the world...  

We are still firmly on the path of economic destruction by Corporate greed, legislation, and taxpayer shake down.

Try to figure out how many live the billionaire lifestyle in the US and never operated a profitable business??  That is right the last few laps are all on borrowed dollars.  Been true for the final years of every major society in history.

We are at the storm the castle part(the federal destroyers thought it was happening January 6th...........  Federal health care was the "let them eat cake" phase.

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k-289
Senior Advisor

Re: Changing Times

And  just  yesterday with a TV  interview ,   big oil  ceo  said  we  need  a  cooperative - partnership  venture  to  re-capture  co2  &  other  gas ,  with  shipping  port  development  ( lone star location )  to  relocate  this  commodity  - - -The  partnership  was  US  Gov.  funding - aka  in  new - pending , rebuild  America ,  legislation  - - -  I'm noticing  petro corp snuggling  up  to  proposed,  fresh  treasury printing - - -

The  handwringing conversation of their grandkids facing  monumental debt was  absent from the quorum - - - Again  Uncle  Sam  cash  good  for  me ,  horrible  deal  for  all  others , OR  am  I  missing  the  2017  tax  act  infusion , yet  to make  an  appearance, with  those  stock  by-backs,  being  a  con-version  to  preferred  stock options  status -  -  - 

Is  Medicare  part  of  the , let them eat cake , phase also - ?       

k-289
Senior Advisor

Re: Changing Times

BA  -  Good  point  on  this  outfit ,  also ,  with  the  director  board  mi$-chief  -   -   - It  is  real  interesting  to  read  the  goings  on   with  each  of  the  outfits ,  and  antics  of  each  one ,  that  reach's   clear  to  the  '' top  political  occupants  in  D.  C. ''   -  -  -   Birds  of  a  feather  -  traveling  down  the  Indiana  Toll  Road  maybe - ?   

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BA Deere
Honored Advisor

Re: Changing Times

Here Ninja talks about all this Enron to Evergrande, you might find interesting.

https://www.youtube.com/watch?v=_hpNW2UYnbA

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BA Deere
Honored Advisor

Re: Changing Times

BADeere_0-1638538787022.jpeg

 

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erikjohnson61y
Veteran Advisor

Re: Changing Times

Don't Worry - Paul Krugman (of Enron Infamy) says we can solve ALL our problems if we just mint a few dozen $1 Trillion coins and deposit them at the Treasury. Truly  a Moron of the highest proportions.