Does the term "weasel words" mean anything when it comes to government
agency and the real truth.

Keep on smiling.

:)




----- Original Message -----
From: "leslie" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Wednesday, September 17, 2003 4:02 PM
Subject: Re: [HP3000-L] 3000 new lay off's at hp???


> [log in to unmask] ([log in to unmask]) wrote:
> : Just listed news article
> :
> : http://www.theinquirer.net/default.aspx?article=11542
> :
>
> The planes will be needed for site visits to India, Communist
> China, et. al.:
>
>    http://www.forbes.com/home/2002/12/05/cz_qh_1205hp.html
>    Forbes.com: The New HP Way: World's Cheapest Consultants
>
>   "NEW YORK - Tech giant Hewlett-Packard has seen the future of
>    technology consulting. It's on the other side of the globe and it's
>    really, really cheap.
>
>    "We're trying to move everything we can offshore," HP Services chief
>    Ann Livermore told Wall Street analysts at a meeting Wednesday. "We're
>    aggressively realigning our resources." Short term, that means adding
>    to the software and services personnel HP (nyse: HPQ - news - people )
>    already has in India. Further out, HP expects China to also turn into
>    a major consulting center..."
>
> Is this where the U.S. is headed ?:
>
>    http://www.geocities.com/wittcourt/
>    The Great Depression: Coming To Your Neighborhood Soon
>
>   "...This is a factual account of the on-going and accelerating
>    destruction of the American economy.
>
>    It doesn't make any difference who you are, or how much you presently
>    earn or how wealthy you appear to be on paper.
>
>    Three out of ten visitors to this site will lose their jobs within the
>    next 40 months. And most will never find employment that will provide
>    anything near the income they now earn. They will fall into the McJob
>    category.
>
>    Why is this happening? As a retired Chairman and CEO of  a privately
>    held American corporation, I can tell you from experience, how and why
>    Corporate America is committing economic suicide. My responsibility as
>    a Chairman and CEO was to gain and maintain a competitive edge and
>    increase corporate earnings.
>
>    Almost without exception, the single greatest expense to a corporation
>    is labor. Labor expense can be defined in two categories of fixed
>    expenses:
>
>      * Fixed Expenses: are just that. It doesn't make any difference
>        whether a company makes or loses money. It's a constant
>        expense.
>
>     1. Direct expense: this is primarily salary or an hourly rate.
>
>     2. Indirect expense: this is the hidden killer. It includes, FICA,
>        Workmen's Compensation, state and federal Unemployment tax, health
>        insurance. In some cases pension funds and/or employer
>        contributions to 401's.
>
>    When my competition can shed itself of any percentage of these labor
>    expenses, he gains a competitive advantage, that as a CEO, I can only
>    counter by doing the same thing to a larger extent. If I don't, he can
>    put me out of business. And that's the bottom line.
>
>    It becomes an ever tightening spiral with all American corporations
>    seeking to shed American labor cost. As a result, over the last 20
>    years corporate America has outsourced it's labor to a multitude of
>    foreign countries. In recent years they have further consolidated
>    these efforts to just a few of the cheapest labor markets, such as
>    China, India and Mexico.
>
>    I always believed as this strategy surged into Corporate America board
>    rooms would eventually destroy the over-all economy. And so it is!
>
>    [snip]
>
>    Even more outrageous, the Bureau of labor Statistics recap the
>    reported new jobs through a survey of payroll records from 300K
>    businesses like:  IBM, Nike and Microsoft. These are hard figures.
>    What isn't broken out is this: where those jobs are. As far as I can
>    tell, they don't distinguish India, China and others from the United
>    States in that survey.
>
>    So technically they're not lying. Those published reports are worse
>    than useless. They are dangerous!..."
>
>
> --Jerry Leslie
>   Note: [log in to unmask] is invalid for email
>
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