![]() |
Triplett Corporation info
Hi, Gang
The following was posted to the Test Equipment reflector. I thought it would be of interest to fellow Boatanchorites. Quote Of interest to all who own and use Triplett instruments. As of January 2007 Jewell Instruments, LLC, acquired "certain assets of Triplett Corporation including Triplett Panel Meters, Triplett Analog & Digital Test Equipment, as well as the rights to the Triplett brand name." Jewell already owns Modutec, Emico and A&M Instruments. http://www.jewellinstruments.com/pre...%20Release.pdf By the time you read this there is little left of the Triplett Corporation, in business since 1904. Manufacturing in Bluffton, OH, has been closed and moved to Barbados for panel meters and to China for test equipment. The corporate remains will be headquartered at Jewell in New Hampshire. A few Triplett employees will remain in the Engineering Department in Ohio and some others will remain with LFE. LFE/API Instruments was acquired by Triplett in 1997 and is now being spun off again. Most of the familiar test instruments will be changed in various ways to accommodate being manufactured in China. The 310 compact VOM has been made in China since the first of the year. The case parts and meter movement have been changed and are not compatible with existing units. The 630 and 60 series VOMs are also being changed and various parts will not be backward compatible. Several of the existing model variations have already become unavailable. It is expected that once parts are gone for existing units of prior U.S. production there will be no more parts support available. It is expected that there will be no parts or service support available for the new production units. They will be exchanged if within warranty and unsupported thereafter. It is expected that new products will continue to be introduced under the Triplett name. Some will be Triplett designs and some will be re-branded products of other manufacturers. Several new designs have been on hold due to the sale but are likely to continue into production. New products will be produced off-shore. The analog VOM lines will likely be phased out as demand reduces. The future of the considerable number of manuals available on Triplett's web site is uncertain. There were hundreds more manuals available, both early and late, which had not yet been posted. Their future availability has not been established. Jewell now controls the site and it is presently unknown if they will continue to provide support for this information. Triplett has a long tradition of providing excellent support, including copies or electronic files of technical data at little or usually no cost. I consider this information to be as accurate as possible given that the company's situation has changed rapidly and drastically. It is from an unimpeachable source and is presented with permission. I have no fiscal interest in Triplett or Jewell. Fred Olsen -- Unquote 73, Ed Knobloch |
Triplett Corporation info
Good God. Another American company gone Pacific Rim.
|
Triplett Corporation info
Uncle Peter wrote:
Good God. Another American company gone Pacific Rim. Not to worry Peter, they are all going as we slide our way into third worldness. And all so we can get xyz for a few bucks less at Wally World. The part that annoys me to no end is when the USA made product becomes made in China, the price to the consumer stays the same. The profit soars, but the price doesn't change, or goes up. -Chuck |
Triplett Corporation info
Chuck Harris wrote:
Uncle Peter wrote: Good God. Another American company gone Pacific Rim. Not to worry Peter, they are all going as we slide our way into third worldness. And all so we can get xyz for a few bucks less at Wally World. The part that annoys me to no end is when the USA made product becomes made in China, the price to the consumer stays the same. The profit soars, but the price doesn't change, or goes up. -Chuck The profit SOARS. That's a shame because it means your retirement account SOARS, your IRA SOARS, your 401k SOARS, etc. We really have to watch that profit stuff, it's too good for us. Corporations are groups of people, my IRA, my 401k, my retirement plan, who invest our money in corporations in the expectation that they will make profits. Profits increase the value of equity [stock shares] and the amount of money you can draw on when you retire. If profits are not made then your IRA, 401K, etc go bankrupt and you will never retire. Be careful of that profit stuff. It may be too good for you! /s/ DD, retired and loves watching my equity increase. |
Triplett Corporation info
Dave wrote:
The profit soars, but the price doesn't change, or goes up. -Chuck The profit SOARS. That's a shame because it means your retirement account SOARS, your IRA SOARS, your 401k SOARS, etc. We really have to watch that profit stuff, it's too good for us. Tell me, how do you fund your 401K when you work for McDonalds flipping burgers? The biggest result of moving all of our manufacturing jobs to China/India/??? is the loss of good paying jobs here in the USA. Corporations are groups of people, my IRA, my 401k, my retirement plan, who invest our money in corporations in the expectation that they will make profits. Profits increase the value of equity [stock shares] and the amount of money you can draw on when you retire. If profits are not made then your IRA, 401K, etc go bankrupt and you will never retire. Be careful of that profit stuff. It may be too good for you! /s/ DD, retired and loves watching my equity increase. Yeah, you got yours while there were still good jobs and good retirement policies here in the US. What about your kids? What about mine? -Chuck |
Triplett Corporation info
Chuck Harris wrote:
SNIPPED ... lost attribution. I wrote... is my attribution The profit SOARS. That's a shame because it means your retirement account SOARS, your IRA SOARS, your 401k SOARS, etc. We really have to watch that profit stuff, it's too good for us. --- Tell me, how do you fund your 401K when you work for McDonalds flipping burgers? Flipping burgers is for kids! Get skills training. 'The more you learn the more you earn.' is a great guideline. The biggest result of moving all of our manufacturing jobs to China/India/??? is the loss of good paying jobs here in the USA. Corporations are groups of people, my IRA, my 401k, my retirement plan, who invest our money in corporations in the expectation that they will make profits. Profits increase the value of equity [stock shares] and the amount of money you can draw on when you retire. If profits are not made then your IRA, 401K, etc go bankrupt and you will never retire. Be careful of that profit stuff. It may be too good for you! /s/ DD, retired and loves watching my equity increase. Yeah, you got yours while there were still good jobs and good retirement policies here in the US. What about your kids? What about mine? -Chuck Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the responsibility of your employer. It is NOT the responsibility of your union. The responsibility is Yours alone! If you don't like McDonalds then start your own business, work your butt off, put in 60, 70 or 80 hours a week, and retire a millionaire. If you choose McDonalds then plan your retirement on welfare, but don't blame McDonalds ... you made the decision to work there in a kids job. If you don't like McDonalds then get a skill such as a CDL for example. I have a son doing $1800+ a week driving 4 1/2 days a week. He quit high school at 17 and now owns a $300,000 home, has 7 kids, and is home 2 1/2 to 3 days a week. Where and how you choose to work is your personal gold mine, not a sweat shop or a salt mine. Choose a mine with a piece of the mother lode, as opposed to fools gold [AKA McDonalds]. A major contributor to financial success is your personal ATTITUDE. You are the only person responsible for your life style as you reach the mature years. Accept the responsibility. An interesting observation: All of your Senators and Congressmen are heavily invested in the Equity Market [stock market]. Don't you wonder why? As corporate profits go up, their net worth goes up! I suspect you can easily invest $10 a week ... give up 3 packs of ciga---buts, or 2 six packs ... or a $10 lottery ticket. A simple $10 equity investment in a conservative mutual fund will produce more than $60,000 in 30 years. Invest 2 hours pay a week and the same fund will yield almost $250,000 in 30 years. Factor in pay increases [inflation] and it is easy to have a $1,000,000 fund to convert to an annuity at retirement. I opened this with the following: "Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the responsibility of your employer. It is NOT the responsibility of your union. The responsibility is Yours alone!" It is true! /s/ DD, W1MCE NOTE: |
Triplett Corporation info
Dave wrote:
Chuck Harris wrote: Tell me, how do you fund your 401K when you work for McDonalds flipping burgers? Flipping burgers is for kids! Get skills training. 'The more you learn the more you earn.' is a great guideline. I should think a Master of Science degree in Electrical Engineering should be enough "skills training". But when you can hire an excellent EE in India for less than $10/hour USD, where would that leave me? The biggest result of moving all of our manufacturing jobs to China/India/??? is the loss of good paying jobs here in the USA. Corporations are groups of people, my IRA, my 401k, my retirement plan, who invest our money in corporations in the expectation that they will make profits. Profits increase the value of equity [stock shares] and the amount of money you can draw on when you retire. If profits are not made then your IRA, 401K, etc go bankrupt and you will never retire. Be careful of that profit stuff. It may be too good for you! /s/ DD, retired and loves watching my equity increase. Yeah, you got yours while there were still good jobs and good retirement policies here in the US. What about your kids? What about mine? -Chuck Your retirement planning is YOUR RESPONSIBILITY! I have already taken that responsibility. It is NOT the responsibility of government. It is NOT the responsibility of your employer. It is NOT the responsibility of your union. The responsibility is Yours alone! You are missing a vital point: You need to be able to earn a living. As we are sending good, high paying, jobs out of country, we are creating a large base of people who are underemployed, or out of work. I know EE's who haven't worked in their field in more than 10 years. Yeah, they have found something else to do, but have lost their homes, and any semblance of the decent lifestyle they once had. They did everything right, went to college, got a good job, worked hard, and poof! an AT&T, or Xerox closes a division and sends the work overseas, and they are out on the streets. Too old to be hired as an EE, and too far in debt to "retire". If you don't like McDonalds then start your own business, work your butt off, put in 60, 70 or 80 hours a week, and retire a millionaire. A million bucks doesn't go very far anymore. Inflation makes it go less far every day. I have been running my own business for the last 25 years. It isn't a magic bullet. It requires customers. When your customers find they can go to India, or Bulgaria, or China and get the same work done for 1/10th the domestic price they leave in flocks. If you choose McDonalds then plan your retirement on welfare, but don't blame McDonalds ... you made the decision to work there in a kids job. If you don't like McDonalds then get a skill such as a CDL for example. I have a son doing $1800+ a week driving 4 1/2 days a week. He quit high school at 17 and now owns a $300,000 home, has 7 kids, and is home 2 1/2 to 3 days a week. And he will be out of luck when Congress decides to allow Mexican trucks and truckers to drive on US highways... poof! All of the sudden, that monster mound of debt that he has taken on will ruin his life. Besides, what kind of a life is it where you have to be away from your wife and kids 5 days per week? He is literally dumping all the hard stuff about child rearing on his wife... 7 kids without relief? I predict a divorce. Where and how you choose to work is your personal gold mine, not a sweat shop or a salt mine. Choose a mine with a piece of the mother lode, as opposed to fools gold [AKA McDonalds]. A major contributor to financial success is your personal ATTITUDE. Again, you are missing a major point. You are the only person responsible for your life style as you reach the mature years. Accept the responsibility. An interesting observation: All of your Senators and Congressmen are heavily invested in the Equity Market [stock market]. Don't you wonder why? As corporate profits go up, their net worth goes up! I am already heavily invested in the stock market. And it is doing quite well, but what about the guys that don't have enough money or life left to play? And volatility! I have lost hundreds of thousands of dollars in a day... it comes back, but it always takes a long, long time to recover. I suspect you can easily invest $10 a week ... give up 3 packs of ciga---buts, or 2 six packs ... or a $10 lottery ticket. I don't smoke, play the lottery, rarely eat out, don't have cable, don't go to the movies, drink very little. I suppose I could find an extra $10/week by not eating, or bathing. But I doubt I can find the extra years it would take to allow that to accumulate. Nope, one of those good EE jobs that went to India would be necessary. A simple $10 equity investment in a conservative mutual fund will produce more than $60,000 in 30 years. Invest 2 hours pay a week and the same fund will yield almost $250,000 in 30 years. Factor in pay increases [inflation] and it is easy to have a $1,000,000 fund to convert to an annuity at retirement. I opened this with the following: "Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the responsibility of your employer. It is NOT the responsibility of your union. The responsibility is Yours alone!" It is true! It is the responsibility of my government not to destroy the economics of this country. They are doing so by allowing illegal immigrants to flood through the borders, and by allowing American companies to export good high quality jobs without tax implication. -Chuck |
Triplett Corporation info
On 16-May-2007, Dave wrote: "Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the responsibility of your employer. It is NOT the responsibility of your union. The responsibility is Yours alone!" It is true! Yahoo! You rock, dude! |
Triplett Corporation info
"Dave" wrote in message . .. Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the responsibility of your employer. It is NOT the responsibility of your union. The responsibility is Yours alone! As Chuck noted, the better paying jobs are being outsourced. If you don't like McDonalds then start your own business, work your butt off, put in 60, 70 or 80 hours a week, and retire a millionaire. If you choose McDonalds then plan your retirement on welfare, but don't blame McDonalds ... you made the decision to work there in a kids job. Many self-employed small businesses have folded in the Northeast since they no longer have a business base to serve. If you don't like McDonalds then get a skill such as a CDL for example. I have a son doing $1800+ a week driving 4 1/2 days a week. He quit high school at 17 and now owns a $300,000 home, has 7 kids, and is home 2 1/2 to 3 days a week. Some skill. New England Tractor Trailer pumps out drivers by the gross. Very few earn anywhere's near 1800+ a week. An interesting observation: All of your Senators and Congressmen are heavily invested in the Equity Market [stock market]. Don't you wonder why? As corporate profits go up, their net worth goes up! All of your senators have vested retirements (18,000 a month) after serving one term. They have vested health care, and most had inherited wealth to begin with. Do you wonder why they are in the market (they can afford to be, you're paying the tab) and the rich always get richer at the expense of a lessening middle class... I suspect you can easily invest $10 a week ... give up 3 packs of ciga---buts, or 2 six packs ... or a $10 lottery ticket. A simple $10 equity investment in a conservative mutual fund will produce more than $60,000 in 30 years. Invest 2 hours pay a week and the same fund will yield almost $250,000 in 30 years. Factor in pay increases [inflation] and it is easy to have a $1,000,000 fund to convert to an annuity at retirement. You've been listening to Limbaugh for too many years. Most kids starting out can barely afford to pay their bills, let alone invest money in a 401K or IRA. Most folks don't have 30 years in front of them. Baby boomers never had 401Ks or IRAs when they started off. I opened this with the following: "Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the responsibility of your employer. It is NOT the responsibility of your union. The responsibility is Yours alone!" It is true! If the jobs continual to be outsourced, and if the trade deficit continues, and if foreign scab labor is allowed to bid against union scale you're going to find your savings will have very little buying power when the worth of the dollar crashes on the world market. Government is the one who is giving away and borrowing from social security and allowing the raping of this country. Pete k1zjh /s/ DD, W1MCE NOTE: |
Jobs and retirement: was: Triplett Corporation info
Uncle Peter wrote:
SNIPPED Some skill. New England Tractor Trailer pumps out drivers by the gross. Very few earn anywhere's near 1800+ a week. SNIPPED All of your senators have vested retirements (18,000 a month) after serving one term. They have vested health care, and most had inherited wealth to begin with. Do you wonder why they are in the market (they can afford to be, you're paying the tab) and the rich always get richer at the expense of a lessening middle class... SNIPPED You've been listening to Limbaugh for too many years. Most kids starting out can barely afford to pay their bills, let alone invest money in a 401K or IRA. Most folks don't have 30 years in front of them. Baby boomers never had 401Ks or IRAs when they started off. I opened this with the following: "Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the responsibility of your employer. It is NOT the responsibility of your union. The responsibility is Yours alone!" It is true! If the jobs continual to be outsourced, and if the trade deficit continues, and if foreign scab labor is allowed to bid against union scale you're going to find your savings will have very little buying power when the worth of the dollar crashes on the world market. Government is the one who is giving away and borrowing from social security and allowing the raping of this country. Pete k1zjh /s/ DD, W1MCE Well Uncle Peter, we both know that it is impossible to live on Social [in]Security. That's a given. Since you are responsible for your retirement, not government nor business, what do you propose? The world economy envisioned by Adam Smith and Thomas Paine in the late 1700s is now here. Business will do whatever is necessary to survive and be profitable in a very competitive world wide economy. Businesses will succeed and fail. Government can't stop it! Again I ask, "What do you propose?" My proposal is to do whatever is necessary to start building personal equity. In other words, "Get on the equity train before it is out of sight!" You may ride in the caboose as opposed to the dining car, but, you're not left in the station. |
Jobs and retirement: was: Triplett Corporation info
"Dave" wrote in message . .. Uncle Peter wrote: SNIPPED Some skill. New England Tractor Trailer pumps out drivers by the gross. Very few earn anywhere's near 1800+ a week. SNIPPED All of your senators have vested retirements (18,000 a month) after serving one term. They have vested health care, and most had inherited wealth to begin with. Do you wonder why they are in the market (they can afford to be, you're paying the tab) and the rich always get richer at the expense of a lessening middle class... SNIPPED You've been listening to Limbaugh for too many years. Most kids starting out can barely afford to pay their bills, let alone invest money in a 401K or IRA. Most folks don't have 30 years in front of them. Baby boomers never had 401Ks or IRAs when they started off. I opened this with the following: "Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the responsibility of your employer. It is NOT the responsibility of your union. The responsibility is Yours alone!" It is true! If the jobs continual to be outsourced, and if the trade deficit continues, and if foreign scab labor is allowed to bid against union scale you're going to find your savings will have very little buying power when the worth of the dollar crashes on the world market. Government is the one who is giving away and borrowing from social security and allowing the raping of this country. Pete k1zjh /s/ DD, W1MCE Well Uncle Peter, we both know that it is impossible to live on Social [in]Security. That's a given. Since you are responsible for your retirement, not government nor business, what do you propose? The world economy envisioned by Adam Smith and Thomas Paine in the late 1700s is now here. Business will do whatever is necessary to survive and be profitable in a very competitive world wide economy. Businesses will succeed and fail. Government can't stop it! Again I ask, "What do you propose?" My proposal is to do whatever is necessary to start building personal equity. In other words, "Get on the equity train before it is out of sight!" You may ride in the caboose as opposed to the dining car, but, you're not left in the station. I propose America better wake up before it is too late. My retirement is secure and isn't tied to Social Security, in fact, Ive paid into it. But, I fear for others who face a less certain financial future and the lack of even basic affordable healthcare. Pete |
Jobs and retirement: was: Triplett Corporation info
Uncle Peter wrote:
I propose America better wake up before it is too late. My retirement is secure You better make double sure - Sherry and I thought our retirement was "secure" as well... then had it stolen right out from under us. Trust no one. best regards... -- randy guttery A Tender Tale - a page dedicated to those Ships and Crews so vital to the United States Silent Service: http://tendertale.com |
Triplett Corporation info
On Wed, 16 May 2007 15:26:29 -0400, "Uncle Peter"
wrote: All of your senators have vested retirements (18,000 a month) after serving one term. They have vested health care.... What country do you live in? "Congress: Rank-and-File Members' Salary The current salary (2006) for rank-and-file members of the House and Senate is $165,200 per year.... Congress: Benefits .....Members of Congress receive retirement and health benefits under the same plans available to other federal employees. They become vested after five years of full participation. Members elected since 1984 are covered by the Federal Employees' Retirement System (FERS). Those elected prior to 1984 were covered by the Civil Service Retirement System (CSRS). In 1984 all members were given the option of remaining with CSRS or switching to FERS. As it is for all other federal employees, congressional retirement is funded through taxes and the participants' contributions. Members of Congress under FERS contribute 1.3 percent of their salary into the FERS retirement plan and pay 6.2 percent of their salary in Social Security taxes.... The amount of a Congressperson's pension depends on the years of service and the average of the highest 3 years of his or her salary. By law, the starting amount of a Member's retirement annuity may not exceed 80% of his or her final salary. According to the Congressional Research Service, 413 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service as of Oct. 1, 2006. Of this number, 290 had retired under CSRS and were receiving an average annual pension of $60,972. A total of 123 Members had retired with service under both CSRS and FERS or with service under FERS only. Their average annual pension was $35,952 in 2006." Got any more bull**** you'd like to share? -- Larry |
Jobs and retirement: was: Triplett Corporation info
Uncle Peter wrote:
SNIPPED I propose America better wake up before it is too late. REDACTED: Waking up is NOT a proposal!! State a credible plan that people can participate in that will provide credible cash flow in retirement. You have added another variable into the discussion by opening the healthcare issue. Where does the money come from? Don't give the old canard of 'tax the rich'. According to Hillary any family earning more than $30,000 has to be defined as rich to support her health care proposals [healthcare in the USA costs about 10,000 per family per year. According to the USA Census Bureau we have 300,000,+ people at 4.3 people per family or approximately 70,000,000 families. Do the math! [$700 Billion per year!] [note for the non USA reader: $30,000 USD is top of the poor class or bottom of the middle class by contemporary definitions] Again: Where do you propose the money comes from? Stating a problem without proposing several possible credible solutions is unacceptable to everyone. Why? We cannot continue to discuss or debate the pros and cons of nothing! Apparently you have issues with the Equity solution. Fine! I have a problem with NO proposed solution. Finally, like you, my retirement is also secure, an insured fully funded annuity. My retirement is secure and isn't tied to Social Security, in fact, Ive paid into it. But, I fear for others who face a less certain financial future and the lack of even basic affordable healthcare. Pete |
Jobs and retirement: was: Triplett Corporation info
"Dave" wrote in message . .. Uncle Peter wrote: SNIPPED I propose America better wake up before it is too late. You have added another variable into the discussion by opening the healthcare issue. Where does the money come from? Don't give the old canard of 'tax the rich'. According to Hillary any family earning more than $30,000 has to be defined as rich to support her health care proposals [healthcare in the USA costs about 10,000 per family per year. According to the USA Census Bureau we have 300,000,+ people at 4.3 people per family or approximately 70,000,000 families. Do the math! [$700 Billion per year!] [note for the non USA reader: $30,000 USD is top of the poor class or bottom of the middle class by contemporary definitions] Again: Where do you propose the money comes from? Gee Dave, did you ever think that if we had DECENT paying jobs in this country that folks could actually afford health insurance; or companies could continue to afford offering good health plans? I'll state it again. Keep American dollars in the US; and do so by balancing the trade deficit for starters. Instead of allowing high paying jobs to bleed off to third world countries (with scant child labor protection laws or environmental laws on the books) maybe we need some stronger trade protection in place to protect average Americans' interests instead of corporate greed. Don't you find a bit disconcerting that we have gone from being the bread basket of the world to importing contaminated goods from China? What do you think your retirement is going to be worth in ten years if the current trade deficit continues? What do you propose to do about health care? Taxation obviously isn't the answer to any problem. I say the answer is keeping jobs in America and paying a decent wage for American workers will in turn make group health care affordable. My healthcare is almost 100% covered, my penion is Federally managed, and my company is earning record products and our stock price is going through the ceiling. We're also a 100% American operation. Stating a problem without proposing several possible credible solutions is unacceptable to everyone. Why? We cannot continue to discuss or debate the pros and cons of nothing! Apparently you have issues with the Equity solution. Fine! I have a problem with NO proposed solution. Finally, like you, my retirement is also secure, an insured fully funded annuity. |
Jobs and retirement: was: Triplett Corporation info
"Dave" wrote in message And let me know how you like that Tennedyne HF log. I'm using the KMA 8-element. How's the F/B on yours? Pete |
Jobs and retirement: was: Triplett Corporation info
Dave wrote:
REDACTED: Waking up is NOT a proposal!! State a credible plan that people can participate in that will provide credible cash flow in retirement. I don't have one. But I do have relatives who lived in countries where they were very rich, and then the currency became worthless. Having a guaranteed $5k a month income from a retirement program doesn't do you much good when it costs $5k for a loaf of bread. --scott -- "C'est un Nagra. C'est suisse, et tres, tres precis." |
Jobs and retirement: was: Triplett Corporation info
Scott Dorsey wrote:
Dave wrote: REDACTED: Waking up is NOT a proposal!! State a credible plan that people can participate in that will provide credible cash flow in retirement. I don't have one. But I do have relatives who lived in countries where they were very rich, and then the currency became worthless. Having a guaranteed $5k a month income from a retirement program doesn't do you much good when it costs $5k for a loaf of bread. --scott I think we could go a long ways towards fixing the problem by doing the following: 1) Close the boarders to illegal immigration. 2) Make it illegal to hire illegal immigrants. 3) Tax American businesses that manufacture abroad as if they were foreign businesses. 4) Tax software that is done in other countries as if it were an import of a hard good. 5) Eliminate the H1B Visa program. We have plenty of out-of-work hitech workers here already that just want to be paid fairly. -Chuck |
Jobs and retirement: was: Triplett Corporation info
"Chuck Harris" wrote in message I think we could go a long ways towards fixing the problem by doing the following: 1) Close the boarders to illegal immigration. 2) Make it illegal to hire illegal immigrants. 3) Tax American businesses that manufacture abroad as if they were foreign businesses. 4) Tax software that is done in other countries as if it were an import of a hard good. 5) Eliminate the H1B Visa program. We have plenty of out-of-work hitech workers here already that just want to be paid fairly. -Chuck And we should charge tariffs accordly based on how those countries treat our exported products. Pete |
Jobs and retirement: was: Triplett Corporation info
Uncle Peter wrote:
"Dave" wrote in message And let me know how you like that Tennedyne HF log. I'm using the KMA 8-element. How's the F/B on yours? Pete F/B is fair on 20 meters. It gets about 15 dB. [~3-5 % of energy in rear lobe] It is Good to VG on 17 through 10 respectively. It looks like 20 to 25 dB on 10 meters. That being said, all measurements are called into question because the S meter is not accurately calibrated, because I'm not at a controlled antenna range, because the signal source being compared is a variable based on propagation, etc. Finally, after a significant 'wet' snow fall or ice storm the longer elements looks like a 7 weight fly rod with a 7 pound trout attached. It is VERY flexible!! [It quickly de-ices with a little sun though :-) ] It has survived 70 to 80 mph wind and heavy ice loads. I would buy another one! |
Triplett Corporation info
Is somebody drinking the Kool-Aid? Who has any retirement anymore? That long
ago was robbed from the American worker as they are doing with health insurance now.Sorry, but all that crap I learned in school in "economics" class was just that...crap. The profit SOARS. That's a shame because it means your retirement account SOARS, your IRA SOARS, your 401k SOARS, etc. We really have to watch that profit stuff, it's too good for us. Corporations are groups of people, my IRA, my 401k, my retirement plan, who invest our money in corporations in the expectation that they will make profits. Profits increase the value of equity [stock shares] and the amount of money you can draw on when you retire. If profits are not made then your IRA, 401K, etc go bankrupt and you will never retire. Be careful of that profit stuff. It may be too good for you! /s/ DD, retired and loves watching my equity increase. |
Triplett Corporation info
On May 15, 7:35 pm, Dave wrote:
Chuck Harris wrote: Uncle Peter wrote: Good God. Another American company gone Pacific Rim. Not to worry Peter, they are all going as we slide our way into third worldness. And all so we can get xyz for a few bucks less at Wally World. The part that annoys me to no end is when the USA made product becomes made in China, the price to the consumer stays the same. The profit soars, but the price doesn't change, or goes up. -Chuck The profit SOARS. That's a shame because it means your retirement account SOARS, your IRA SOARS, your 401k SOARS, etc. We really have to watch that profit stuff, it's too good for us. Actually it is. Like rich foods it can kill us. It is killing us. Corporations are groups of people, my IRA, my 401k, my retirement plan, who invest our money in corporations in the expectation that they will make profits. Profits increase the value of equity [stock shares] and the amount of money you can draw on when you retire. If profits are not made then your IRA, 401K, etc go bankrupt and you will never retire. Be careful of that profit stuff. It may be too good for you! Hopefully you will die before the house of cards collapses.... I don't say that to be mean: the notion that we can outsource to China and have it made for nothing while profiting from it forever is nuts. The Chinese are going to either sell the tech to all comers at just over cost and disintermediate you, or they will keep the quality of yore and raise their price to you, disintermediating you. Like Harry Mudd, you will get tired of hearing the "d" word. The Chinese do not need our "service' and "knowledge workers" to make 50- or 5- year old technology. In fact they can natively build microprocessors two generations-i.e. 36 months-behind ours. Our only advantage on an absolute basis is the leading edge, and in having an aerospace level supply chain with melt-to-ship traceability. When they have that, they will dump the dollar and implode your precious 401K and tech stock holdings. It will ruin them in dollar terms, BUT THEY DON"T CARE. What are we going to do, repossess their houses? Ruin their credit ratings? Refuse them future check cashing services? It's not as if they are a family living in St. Louis or Seattle who could be put out on the street. They own their street, their houses, and have a military to keep it so. The rules of consumer credit do not apply to sovereign nations with effective militaries. |
Jobs and retirement: was: Triplett Corporation info
Some skill. New England Tractor Trailer pumps out drivers by the gross. Very few earn anywhere's near 1800+ a week. I have a CDL with all endorsements including hazmat and passenger. I don't drive a truck for a living as I'm not interested in living in a sleeper and working 100 hour weeks for about $35k a year net which is what the average driver for the "Big Five" (Swift, Schneider, Werner, JB Hunt, and one other which seems to change every year) makes. I'm too old to work the docks or drive casual long enough to get on with YellowRoadway or UPS Freight. And as a white male getting on with Greyhound would be not worth the bother. SNIPPED All of your senators have vested retirements (18,000 a month) after serving one term. They have vested health care, and most had inherited wealth to begin with. Do you wonder why they are in the market (they can afford to be, you're paying the tab) and the rich always get richer at the expense of a lessening middle class... SNIPPED You've been listening to Limbaugh for too many years. Most kids starting out can barely afford to pay their bills, let alone invest money in a 401K or IRA. Most folks don't have 30 years in front of them. Baby boomers never had 401Ks or IRAs when they started off. I opened this with the following: "Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the responsibility of your employer. It is NOT the responsibility of your union. The responsibility is Yours alone!" It is true! If the jobs continual to be outsourced, and if the trade deficit continues, and if foreign scab labor is allowed to bid against union scale you're going to find your savings will have very little buying power when the worth of the dollar crashes on the world market. Government is the one who is giving away and borrowing from social security and allowing the raping of this country. Pete k1zjh /s/ DD, W1MCE Well Uncle Peter, we both know that it is impossible to live on Social [in]Security. That's a given. Since you are responsible for your retirement, not government nor business, what do you propose? The world economy envisioned by Adam Smith and Thomas Paine in the late 1700s is now here. Business will do whatever is necessary to survive and be profitable in a very competitive world wide economy. Businesses will succeed and fail. Government can't stop it! Again I ask, "What do you propose?" What government must do is make absolute arbitrage of labor expensive. Chinese labor is cheap because, in addition to being low skilled, not speaking English, and not being terribly imbued with a sense of precision workmanship, it is artificially suppressed by its own government, for the advantage of its ruling class. Also, there are no environmental protection, worker safety, product liability or other such issues it presents or concern it. A company taking designs and procedures invented here with people trained and educated at American societal expense and building it over there is simply doing what most very successful enterprises-from Ford Motor Company to Microsoft to the Mafia-have done to make huge amounts of money. They have privatized the profits and commonized the costs of doing business. There is an extent to which that's a necessary cost for societal progress, and an extent to which it is nothing more than outright destruction of the social fabric. What started as "constructive engagement" of China has reached that point because it makes a few people-the CEO's of major corporations, certain politicians, and stock speculators-insanely wealthy at the expense of everyone else. If you have enough money and enough balls and can speculate in stock successfully and get out of the market before it finally blows up, putting your assets in physical commodities such as gold in your defensible posession, you stand to be one of the Big Winners. But it's like a casino: if the house didn't have the odds, there would be no house. We can no more all do this than we can all take our life savings and go to Vegas and gamble ourselves rich for life. A few can succeed: most will be bankrupt and the casinos will make a lot of money. For MOST people the stock market is a casino, no more, and no less. |
Triplett Corporation info
On May 17, 9:48 am, "Smokey" wrote:
Is somebody drinking the Kool-Aid? Who has any retirement anymore? That long ago was robbed from the American worker as they are doing with health insurance now.Sorry, but all that crap I learned in school in "economics" class was just that...crap. I used to have a calendar of naked stewardesses-"Stripped" of their pension. A few of them were good looking broads, as Frank would have put it. (Maybe he did!) I wish I still had it because it was a good reminder of what America's corporations mean to do to all of us. |
Jobs and retirement: was: Triplett Corporation info
On May 16, 7:53 pm, Chuck Harris wrote:
Scott Dorsey wrote: Dave wrote: REDACTED: Waking up is NOT a proposal!! State a credible plan that people can participate in that will provide credible cash flow in retirement. I don't have one. But I do have relatives who lived in countries where they were very rich, and then the currency became worthless. Having a guaranteed $5k a month income from a retirement program doesn't do you much good when it costs $5k for a loaf of bread. --scott I think we could go a long ways towards fixing the problem by doing the following: 1) Close the boarders to illegal immigration. 2) Make it illegal to hire illegal immigrants. 3) Tax American businesses that manufacture abroad as if they were foreign businesses. 4) Tax software that is done in other countries as if it were an import of a hard good. 5) Eliminate the H1B Visa program. We have plenty of out-of-work hitech workers here already that just want to be paid fairly. Yes, it would, which is why it won't happen. |
All times are GMT +1. The time now is 11:43 AM. |
Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
RadioBanter.com