10 thoughts on “Weird

  1. “We don’t want our equity goals to be at odds with our growth goals,” Goodman said in a presentation to the City Council Wednesday. “The ordinance as written may actually put those goals at odds.”

    Correct me if I am wrong, but the voters who approved the ordinance had exactly this in mind.

    Growth is what once benefited you, not what might benefit someone else.

  2. Employers always threaten layoffs when minimum wage increases cut into profits. Call their bluff – raise the minimum wage and watch employment soar.

    Rich people always threaten to move when state tax increases cut into profits. Call their bluff – tax the rich and watch rich people flock into your state.

    Developers always threaten to pull out when rent control cuts into profits. Call their bluff – cap rents and watch new affordable housing construction soar.

    I’m sure it will all work out fine.

  3. The left seems to believe that people get to be wealthy by being stupid with their money. I guess they do have some evidence, since Boeing’s HQ is in Chicago now. There might seem to be a little bit of counter-evidence, though.

  4. I guess they do have some evidence, since Boeing’s HQ is in Chicago now.

    I remember a section in a business class that addressed the question of where to locate corporate headquarters. We looked at:

    -Taxes
    – Transportation
    – Universities
    – Labor force
    – Cost of land

    All of it made sense but rarely mapped onto where headquarters were located.

    Finally, we looked at where the CEO or chairman of the board lived and had family, friends and country club memberships…

    Ah, there you go.

  5. Greg;
    I’ve got a classic example of your last point.

    From 1990 to 1999, I worked for a thriving IT consulting company. The HQ was in a suburb of Chicago. The original founder and CEO was forced out of the company in 1997 and a board member was hired as the CEO. The new CEO, promptly brought in some his cronies from his previous company and they proceeded to make moves in company strategies that failed miserably, bringing the stock prices down. In the midst of the downward slide, he arrogantly decided to move the HQ to his community, about 25 miles away. This affected the commutes of many key people, so they left. The company never recovered and the remnant was sold off to another company in 2001.

  6. Great story, boss.

    I once had an interesting interview at a company that began with the hiring panel explaining that there was no assigned parking in the company lot.

    Okay….

    “No,” they said, “we don’t think you understand. if our CEO, a vice-president or a director arrives late, they park in the back. If a janitor arrives first, they get the choicest spot. It is who we are.”

    I was impressed.

    The interview continued with a series of technical questions.

    Finally, the leader of the panel said, “Here is the last question and it is the most important, because it will determine whether you are hired or not, are you ready?”

    “Sure.”

    “Coke or Pepsi?”

    To which I shot back, “Coke.”

    A couple of panel members fist-pumped and the leader asked, “Do you know why we asked the question?”

    “To see if I liked Coke?”

    “No,” he said, “To see if you hesitated. You didn’t.”

    Unfortunately or fortunately, I got another offer the next day and accepted because the work was more interesting, though I often wonder what it would have been like to work for them.

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