Frank Lorenzo on CNBC today

CatfishVT9

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He's going to be on in a few minutes. I can hardly wait to hear his expertise......
 

mdanno808

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What did the scum-bag have to say?
 

CatfishVT9

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Nothing earthshattering and no hardball questions for him. He looks like crap though.


Mark Haines intro'd him as "the man who brought a whole new meaning to labor relations" (that's sort of close to a quote).

He did say that Delta's labor costs are 44% of revenue, while Airtran's are about 24% of revenue and that will have to change.

I found it more enlightening when the local Tampa news this AM reported that Dominoes Pizza will be raising their prices due to high fuel costs. Maybe their CEO could run an airline. We'll have to wait and see how Pizza Hut responds......
 
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DonVerita

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Compare U.S. companies to Japanese companies...

In the U.S., when a company goes into bankruptcy or fails entirely, management stands there and blames the employees. Then they jump off the stricken aircraft and pull the chord on their golden parachute. On the flipside, if the company does good, management congratulates themselves with yet -another- bonus and the employees had nothing to do with it.

Contrast that with Japan. Failures there mean the company executives stand in public, heads lowered and publicly admit that the buck stops with them and they take full blame. They apologize to their employees for their (management's) incompetence. When something goes well, they praise and reward their employees.

We operate in an arena where politicians are bought and paid for by Big Business. This incestuous relationship just tightens the graveyard spiral our society finds itself in.
 

CatfishVT9

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DonVerita said:
Compare U.S. companies to Japanese companies...

Oh, please. Japan is the world's finest socialist economy. I saw how they operate when I lived there for 2 years. No unemployment, everyone draws a paycheck whether their lob is necessary or not.
 

labbats

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DonVerita said:
We operate in an arena where politicians are bought and paid for by Big Business. This incestuous relationship just tightens the graveyard spiral our society finds itself in.

Two points awarded for aviation analogy.
 

densoo

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CatfishVT9 said:
Oh, please. Japan is the world's finest socialist economy. I saw how they operate when I lived there for 2 years. No unemployment, everyone draws a paycheck whether their lob is necessary or not.

They have no defense budget to speak of. Frees up a lot of money.
 

Chronic Jetlag

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I can't believe that piece of human garbage Lorenzo is still alive. I hope he chokes on his own vomit, looses bladder control and craps in his own pants. If he was on fire I wouldn't piss or spit on him to save his life.
 

rvsm410

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Chronic Jetlag said:
I can't believe that piece of human garbage Lorenzo is still alive. I hope he chokes on his own vomit, looses bladder control and craps in his own pants. If he was on fire I wouldn't piss or spit on him to save his life.


Geez....lol...tell us what you really think, don't hold back now....!
 

Publishers

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I don't think many of you would find the Japanese way all that great of deal. Their view of business is definitely different and in some ways scary. One big difference is that reverse engineering and marketing that goes on.

There way of looking at things would have invented deregulation and Southwest creation.
 

chris69

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Mjsdf

JSDF defense budget is over $50 billion annually. Being an insular nation, their army is small, but they do have the largest blue water surface navy in the Pacific. See the order of battle.

http://www.globalsecurity.org/military/world/japan/jmsdf-orbat.htm
They have also started building small CV's in the light amphibious role, have better aegis destroyers, more on the lines of our CG's, and the biggest and best diesel sub force in the world.

Chris69
 

DonVerita

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CatfishVT9 said:
Oh, please. Japan is the world's finest socialist economy. I saw how they operate when I lived there for 2 years. No unemployment, everyone draws a paycheck whether their lob is necessary or not.

I really don't care if you were there or not. It was only an analogy between US and Japanese corporate behavior...nothing else.
 

$$$4nothin

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U.S. - 2
Japan - 0

Now where do you want to live.

If you dont know what I am refering to see the following link
http://www.cddc.vt.edu/host/atomic/testpix/index.html

We win.
Always have and always will.
Do I think we are better than every other country in the world. Of course. If you like how they do it in Japan move there and stop whineing
 

coolyokeluke

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A typical "machismo" quote. Let me paraphrase: We dropped the bomb on them, we're the best and have nothing to learn from anybody and if you deny this indisputable fact you should go live somewhere else.

So you prefer when corporate executives pass the buck and blame labor?

By the way what empire has always dominated the world? Was it the Egyptians? Perpaps the Romans? No it must've been the third Reich. We won't always be the top dog, that's just the way it is.

"Whineing" : you should've dropped the e.


$$$4nothin said:
U.S. - 2
Japan - 0

Now where do you want to live.

If you dont know what I am refering to see the following link
http://www.cddc.vt.edu/host/atomic/testpix/index.html

We win.
Always have and always will.
Do I think we are better than every other country in the world. Of course. If you like how they do it in Japan move there and stop whineing
 

320AV8R

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CatfishVT9 said:
He looks like crap though.

He looked like Howard Hughes.....right before he died.

320AV8R
 
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