5-1-06, spend money day

[JoseCuervo]

So you are so naive as to think they did it for unselfish, altruistic reasons? And you say I fell off the turnip truck???

Cali,
My guess is they did it for economic reasons in order to fulfill their fiduciary duty to maximize the long term sustainable wealth of the firm's common shareholders. Not having a labour force makes it difficult to run a processing plant.

Yes, I think you might have fallen off the turnip truck and bumped your head whilst doing the same.

 

[Calif. Hunter]

At least I am not trying to unload some "ocean front property and a bridge" I bought....

As far as not having a labor force, why did they not tell their employees "come to work or get fired" then?

"Whilst? Whilst?" Boy am I impressed by your use of the English vernacular instead of the American (and simple) "while."

 

[JoseCuervo]

As far as not having a labor force, why did they not tell their employees "come to work or get fired" then?

"Whilst? Whilst?" Boy am I impressed by your use of the English vernacular instead of the American (and simple) "while."

Cali,
Why didn't they threaten their workers with losing their job? Because it would have been a STUPID move on the company's part. Do you have any idea how expensive it is to fire somebody, hire a replacement, and train the replacement up the same productivity levels of the person hired? Multiply that by some HUGE percentage of a plan'ts workforce and you have just closed a plant down.

It is obvious that you have been somewhat sheltered in the economics of actually running a business involving labour as a subtantial economic input.

 

[noharleyyet]

...the demographics of Tyson's workforce is also obvious...might be time for a "falcon' type INS raid 'whenst' they return to their 'labour' stations.

...this admin. isn't soley responsible for the packing ind. 'free reign' practices.....fess up.

 

[Calif. Hunter]

Actually, Jose, why don't you tell me how expensive it is?

Shutting down a business for a day is not cheap. All of your fixed costs remain, whether you are productive or not.

Do you think all those employees would have said "shove it" to a good job, good benefits, etc. if faced with the choice of working or taking some "solidarity" day off?

My point, which you are actually reinforcing, is that it was not an economic disaster that "forced" Tyson or anyone else to close down facilities. You are saying now the opposite of what you were saying before.

Now it is not economic pressure yet before you were arguing that it was

"Not sure what your definition is of "without a hitch", but I would say there are some "hitches"...... Do you think Tyson and Perdue are seeing a "hitch"?


Quote:
Also Tyson Foods, the world's largest meat producer, planned to close five of nine beef plants and four of six pork plants, the AP reported. Perdue Farms plants said it would close eight of 14 facilities, according to the AP. "

__________________

So which is it, forked tongue?

 

[JoseCuervo]

...the demographics of Tyson's workforce is also obvious...might be time for a "falcon' type INS raid 'whenst' they return to their 'labour' stations.

...this admin. isn't soley responsible for the packing ind. 'free reign' practices.....fess up.

And with the lack of Anti-Trust oversight, they still struggle. But moving production off-shore seems to be a viable go-forward strategy....

Addressing investors in a conference call Monday, chief executive John Tyson said the company was able to build market share in the quarter and that its further-processed products will help that trend continue. Tyson characterized foreign expansion as the "foundation for future success" for the company.

 

[noharleyyet]

....good point but the truth is, "foundations for future success" also entails extorting the municipalities of the plants' domestic sites....simply put, a shrewd yet ruthless increased tax/utility abatement ploy.

 

[Terry aka Coydog]

now I see why I haven't been invovled in forums for several years but I guess I'm back|oo

 

[JoseCuervo]

NHY,
I am not entirely sure that domestic production, no matter how subsidised by local municipalities, is a long term viable solution. With all the people not wanting a labour force in this country, it will be easier to move the production to other countries and save the huge costs associated with printing drivers license tests in Spanish.

And as you watch the Brazil and other So. American countries increase their Ag production, you can see where it will soon be cheaper to breed, feed, and pack cattle in So. America instead of in Iowa, Nebraska, and Arkansas. Do you really care where your processed meat products come from as long as they are cheap?

 

[noharleyyet]

....'fraid you're right...not as many lawyers & bureauocrats impacting your biz either.

We need to get all those pesky crops & animals off the development property anyway...whoops, wrong thread.

 

[A-con]

A-Con,
And that is why Tyson put out a press release to notify people of a standard operating practice? Are you that naive that you are going to go in partners with Cali on buying that Bridge and Ocean Front Property???

No thanks, Jose. I already own a bridge and some ocean front property in Nevada!

The release it self explains the reason, "response to inquiries" and the fact that “closed due to a combination of market conditions and the expected absence of workers".

I'm simply saying this was no problem for Tyson. In this case, it was no problem to remain closed on a Monday, after being closed on Sunday. Further more, when they stay closed for an extra day they cerate a "market condition" when their suppliers, cattlemen, are long on inventory (cattle) and willing to sell for less, while their customers are short on inventory, and willing to pay more. Plus, the cut labor costs. It was a win/win for Tyson, I'm sure they would like to see this happen every month.

 

[BuzzH]

A-con,

I agree with you...if the protesters were really serious about their cause, they should have walked out for a month if they wanted the impacts of them not working to really show.

One day does nothing.

 

[JoseCuervo]

I think with A-con's logic, if Tyson were to shut down for 1 day, good for Tyson. Then if they shut down for 30 days, even "gooder" for Tyson.

I am guessing A-con doesn't understand much in Economic Theory.

 

[Calif. Hunter]

The preliminary numbers for Los Angeles show that it was, in the summary's own words, "merely a hiccup." The major impact was on Hispanic workers losing a day's pay and on Hispanic businesses losing a day's revenue. (All this per 3 news radio stations this monring.)

 

[Washington Hunter]

That reminds me...this guy called in to a Seattle radio talk show last night, says he was 4 when his mother hired some guy to smuggle the family across the border. So he went to school here, somewhere in Wa. state, and went to college. He also somehow become a legal citizen (didn't say how) and now makes 65-70 thousand a year at a "production" facility. His opinion was that EVERYBODY should have the same opportunities that he had, to work their way up and make a good living. Doesn't matter if they broke the law by crossing the border illegally and didn't follow proper procedure for becoming a citizen, he still thinks they all have the "right" to make $70,000 a year.
What a moron. |oo

 

[Dinkshooter]

The preliminary numbers for Los Angeles show that it was, in the summary's own words, "merely a hiccup." The major impact was on Hispanic workers losing a day's pay and on Hispanic businesses losing a day's revenue. (All this per 3 news radio stations this monring.)

Calihunter, that is awesome news.hump I was thinking it would probably be wash as they more than likely stocked up on needed items the day before and go grocery shopping the day after.

I am sure no one will point the additional benefits/money saved with none of the illegals using our healthcare system and other "welfare" items. My girlfriend works at a medical clinic and noticed no one called Monday asking "do you speak a spanny"?

Really sad artical in the local paper today, the gap in testing between the local "legal" students and masses of new immigrants is widening. Why is that news? And why is it our problem?

 

[Calif. Hunter]

From KFWB.com -

Jack Kyser, chief economist of the Los Angeles Economic Development Corp., said the economic fallout of the one-day boycott could be as high as $200 million in Los Angeles County. The estimate, a fraction of the $1.2 billion in economic activity the county generates daily, consisted of business lost on Monday.
Most of that business will actually be made up as purchases not made on Monday are made later in the week.

 

[A-con]

I think with A-con's logic, if Tyson were to shut down for 1 day, good for Tyson. Then if they shut down for 30 days, even "gooder" for Tyson.

I am guessing A-con doesn't understand much in Economic Theory.

Jose, it's not logic or theory, its fact. I work in the foodservice industry, and do a great deal of business with Tysons "red meat" division (IBP).
Buzz has it right, shutting down for one day in any given week actually helps their bottom line, and they do it on a regular basis.
I could explain the details again, but you didn't get it the last time, it goes over your head like a high flying duck, and there you are loaded with low base 8s again!

(Note to Jose; quite often, your liberal theories just don't work in the real world, but please keep throwing them out, it's fun to shoot them down.)

I don't have a degree, so maybe you can enlighten me, do they really teach, in economics 101, "anything that works for a day or two WILL work for a month or two”? REALLY? Because if so, let me give you a hint, your professor was an idiot