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Comments by: YACCS

Welcome to Sad Salvation. Day by day by day by day ... this is my attempt to make sense of the world.



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Tuesday, October 28, 2008


More Signs of a weak economy

There are more signs of a weak economy. There is a Business Week story of about how severance packages are on the chopping block. At a past employer I was sitting around with a bunch of engineers who had avoided two rounds of layoffs. I told them, "Laugh it up, they are not going to let you go until they lock the doors." A friend chimed in by saying, "I have never been a place where severance packages got better in later rounds of layoffs." That silenced the table.

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Monday, October 27, 2008


Layoff Valley

For a long time the economic downturn did not hit the Silicon Valley tech industry. It seemed that hiring has stayed strong until September. Now it seems like the credit crunch is hitting the valley. Tech Crunch is running a tally of Tech Layoffs. I feel lucky that I was laid off before the bailouts. I feel that it is going to get worse around here before it gets better.

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Sunday, October 26, 2008


Who Screwed this thing up

I think Obama is going to win the election. I think the reason that will push him over the top is the economy. I think lots of people that go either way will kick out the republicans because of this crisis. The race was pretty close until the bailout started to dominate the news.

If you are asking who is the blame for the economy, you should read the article from FactCheck.org.

The U.S. economy is enormously complicated. Screwing it up takes a great deal of cooperation. Claiming that a single piece of legislation was responsible for (or could have averted) the crisis is just political grandstanding. We have no advice to offer on how best to solve the financial crisis. But these sorts of partisan caricatures can only make the task more difficult.


There is a reason what went wrong is important. There is a reason we should ask which steps were steps in the wrong direction. Without that information we might take the wrong steps to fix the problem. Remember that the economy is like a house on fire. Not only do we need to put out the fire, we will have to rebuild the house and keep it from happening again. I worry that the politics of the issue will cause people not to do everything they need to do.

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Monday, August 18, 2008


Story and Truth

Fling93 posted this article about WALL-E: Economic Ignorance and the War on Modernity. The day after reading the article I heard
Andrew Stanton on Fresh Air
.

The Mises Institute article has two main points as I see it. The first is the Buy N Large Corporation would never exist. If there was a single company that did everything, it would become the government. The second point is about the end of the movie. The credit show the world starting over again from the beginning, including going back to farming. The ship has an food system that has not failed in 700 years. It would be more dangerous go back to farming and not use the food system on the ship.

Here is the text of the article.

The humans' return to Earth and attempt to "rebuild" their lives is ludicrous from any sound economic perspective. After having had a sustainable automatic food production system aboard the Axiom — which had apparently worked without fail for seven centuries — humans all of a sudden decide to resort to traditional agriculture. The one thing they have machine capital to do for them, they decide to do manually instead. Rather than devoting the precious time bought by the ready availability of food to, say, create art, repair all those broken skyscrapers, or design even better robots, the humans decide to manually dig holes in the ground and grow their food through backbreaking toil that led millions throughout history to die premature deaths. Oh, by the way, the film left that part out. Virtually no one today who romanticizes the "good old days" of traditional agriculture recognizes how nasty, brutish, and short life under such conditions had been for millennia. Once the first industrial factories opened — with their long hours, dangerous equipment, and meager pay — people flocked to them in droves, because the factory conditions (including the sanitation provided and wages paid) were greatly preferable to those of toiling virtually all day on the traditional farm.


Two days after reading this article I hear Andrew Stanton on Fresh Air. He started with the idea of telling the story of the last robot on earth. He wanted this robot to be trash compactor and the world to be a dump. He took these ideas and created a story that serve them. He created Buy N Large as a way to quickly tell the story of how the world came to be this way. He comes up with this by stretching his own life out to the extremes. He basically thought about the world he saw around him.

Thinking about this idea, how important is the truth when it comes to fiction. Is it important that Wall*e got the economics wrong building the world? Writers will tell you that their only duty is the story. They need to make a story work even if breaks the rules of the real world. The average person believes that this world would work. That is only thing that is needed for a good story.

The problem is that stories do have an affect on the real world. Seeing this movie might effect how people see corporations, the environment, and the future. Fiction often changes the way the way people see the world. Everything from To Kill A Mockingbird to 1984, Atlas Shrugged to The Jungle are works of Fiction that changed the way people saw the world.

Science Fiction is often about exaggeration. Often Science Fiction goes past what is possible to tell stories. No one worries if the Road Warrior is truly possible or not. Soylent Green is a good movie, if the world could get to that point or not. I am not sure you can fault these movies for not getting the science or economics wrong.

In his twitter fling93 said: WALL*E was great, and spoke to me in more ways than I could have imagined. But it got the econ all wrong: http://mises.org/story/3037. My guess is that Andrew Stanton did not take a moment to worry if the economics in this movie would really work. He just built a company that would serve his purposes for the story.

In the end I am not sure what Wall*e is trying to tell the world. There are messages about environmentalism, consumerism, connection to the land, taking time to look at the stars, and love. There is a very good chance that kids that see this movie will have their view of the world shaped. I just hope when they go to take action they have more facts than just the movie. If people act only knowing this movie, that is a problem.

Don't worry, People on the left are giving Wall*e a hard time for its message also.

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Saturday, July 13, 2002


Feeling Uneasy

A friend of mine got laid off this week. This scares me a lot. For the last few months I have been thinking that most of the layoffs in Silicon Valley are over. At most companies there are no more people to cut. I was thinking that all I needed to worry about was my company surviving. If my company did not make it, other companies would be hiring by the time I was looking.

I am not ready to be unemployed. I am not good at the simple things like saving money. I would have to work really hard to find another job. Including the recent events at WorldCom, Global Crossing, and Enron, I wonder if anyone in the valley is going to be tagged with this kind of problem. If that happens, it will be bad times around here. If I have to go without a job for too long, I will be heading somewhere to live with someone else.

I think I can weather the storm. The valley will be an ugly place if there is another round of layoffs. It is not too bad right now, but I think most of the gold rushers have already left. If another bad round hits, people will be sleeping on the streets soon.

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Thursday, December 13, 2001


Interest Rates

Interest Rates just keep on dropping. The prime rate is at the lowest level that I can ever remember. It is a good time to buy a house. Of course I work for a company that has had two rounds of layoffs and might have more. In a strange way it would be good for me if I could keep my job and not have the economy rebound. It would drive down housing prices in this area. I might be able to buy a house if the economy stays like this.

The problem is that I cannot afford to buy a house without help. I do not think my parents can afford to help me. I am a single man, so there is no one else that can help me. I think this has been getting to me lately. It is something that I just cannot deny. I guess I am getting older if these things are important to me.

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