28 Mar 2024, 05:26 [ UTC - 5; DST ]
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Post subject: Re: Boeing Starliner: 80 Problems Posted: 27 Aug 2022, 09:16 |
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Joined: 04/21/16 Posts: 651 Post Likes: +265
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Username Protected wrote: Starliner delayed until sometime in 2023 to resolve the various problems from the most recent uncrewed launch. I heard the're putting the 787 and 73Max managment team on the Starliner program!
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Post subject: Re: Boeing Starliner: 80 Problems Posted: 28 Aug 2022, 09:04 |
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Joined: 06/17/18 Posts: 2483 Post Likes: +3434 Location: Alamogord, NM
Aircraft: PA-30 Twin Comanche
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Say what you will about "piloting" the Starliner. I believe it is a career that you can do for the rest of your life.
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Post subject: Re: Boeing Starliner: 80 Problems Posted: 01 Nov 2022, 23:50 |
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Joined: 01/22/11 Posts: 1511 Post Likes: +1927 Location: Fort Worth TX
Aircraft: 737, C421
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Someday Boeing will be the subject of a Harvard Business Case Study of how a once fine business went wrong. The finding; when you put accountants in charge, the company inevitably fails. Numerous examples throughout history and I won’t bore anyone with the plethora of examples.
Chris C.
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Post subject: Re: Boeing Starliner: 80 Problems Posted: 02 Nov 2022, 12:50 |
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Joined: 04/26/13 Posts: 19752 Post Likes: +19425 Location: Columbus , IN (KBAK)
Aircraft: 1968 Baron D55
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Username Protected wrote: Someday Boeing will be the subject of a Harvard Business Case Study of how a once fine business went wrong. The finding; when you put accountants in charge, the company inevitably fails. Numerous examples throughout history and I won’t bore anyone with the plethora of examples.
It's a larger, broader lesson than that. Above those accountants are the board of directors who put them there, and above the board are the shareholders who approve the board and through their demands, affect the direction of the company. The solution/prevention to the Boeing problem is to not be answerable to shareholders, none of whom have any interest in how the business works beyond the quarterly report.
_________________ My last name rhymes with 'geese'.
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Post subject: Re: Boeing Starliner: 80 Problems Posted: 04 Nov 2022, 09:36 |
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Joined: 10/18/11 Posts: 1026 Post Likes: +584
Aircraft: Seabee Aerostar 700
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un fortunately shareholders and investors have no reason to seek long term success. they just ask how will the stock do this year.
The fix I suggest is to only allow reduced tax on capital gains after 5 years. any time shorter is taxed at standard earned income rates. that would make the shareholders ask the CEO how the investment will do in 5 years and thus the CEO is rewarded for long term thinking which will help the company do good over the long term.
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Post subject: Re: Boeing Starliner: 80 Problems Posted: 04 Nov 2022, 10:14 |
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Joined: 04/26/13 Posts: 19752 Post Likes: +19425 Location: Columbus , IN (KBAK)
Aircraft: 1968 Baron D55
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Username Protected wrote: The fix I suggest is to only allow reduced tax on capital gains after 5 years. any time shorter is taxed at standard earned income rates. that would make the shareholders ask the CEO how the investment will do in 5 years and thus the CEO is rewarded for long term thinking which will help the company do good over the long term. Make it 10 years and I'm with you.
_________________ My last name rhymes with 'geese'.
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Post subject: Re: Boeing Starliner: 80 Problems Posted: 04 Nov 2022, 10:17 |
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Joined: 11/03/08 Posts: 14524 Post Likes: +22857 Location: Peachtree City GA / Stoke-On-Trent UK
Aircraft: A33
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Username Protected wrote: Make it 10 years and I'm with you. And inside of 1 year, tax the gains at 50%. Inside of 1 week, 70%
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Post subject: Re: Boeing Starliner: 80 Problems Posted: 04 Nov 2022, 14:48 |
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Joined: 06/02/10 Posts: 7236 Post Likes: +4509 Company: Inscrutable Fasteners, LLC Location: West Palm Beach - F45
Aircraft: Planeless
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Username Protected wrote: un fortunately shareholders and investors have no reason to seek long term success. they just ask how will the stock do this year.
The fix I suggest is to only allow reduced tax on capital gains after 5 years. any time shorter is taxed at standard earned income rates. that would make the shareholders ask the CEO how the investment will do in 5 years and thus the CEO is rewarded for long term thinking which will help the company do good over the long term. This has become an issue since "investing in the market" has become a retail sport. Everyone is trying to grab margin and brokers and traders are making money from the trades and suckers day trading. Best, Rich
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Post subject: Re: Boeing Starliner: 80 Problems Posted: 04 Nov 2022, 15:21 |
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Joined: 04/26/13 Posts: 19752 Post Likes: +19425 Location: Columbus , IN (KBAK)
Aircraft: 1968 Baron D55
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Username Protected wrote: This has become an issue since "investing in the market" has become a retail sport. Everyone is trying to grab margin and brokers and traders are making money from the trades and suckers day trading. It may be a retail sport to some, but to anyone who isn't independently wealthy it is a forced necessity. Before the days of Fed intervention, quantitative easing, money printing, and designer inflation, you could earn decent interest on savings and it wouldn't be eaten up by inflation because monetary inflation was essentially flat. Now that savings earn fractions of a per cent and inflation is a requirement, the only way to earn money on your money, or if you're retired, to compensate for inflation, is to play with stocks. It's forced gambling, and it's not because day traders are trying to get rich, it's because the Fed is playing smoke and mirrors with the national debt.
_________________ My last name rhymes with 'geese'.
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