21.2.09

The Car Industry

This is my message to the world vis a vis the car industry.

Banks fell apart, the housing market is still falling apart and the car market is in serious trouble.

The banks have been very badly managed and essentially unregulated since Margaret Thatcher and Ronal Reagan were let loose on the world.

The housing market was fed by the rotten banking system.

The car market has been fed by the severe inflation that became a  normal part of the housing market. Now we are seeing the pay off: many billions of Pounds are being asked by the car industry to prop it up.

For decades, the car industry has suffered from over capacity as every car manufacturer has expanded more and more. GM has to be allowed to fail now as the worst of the worst. One UK car manufacturer may well have to be allowed to fail. Don't worry, any slack that GM and the other one leave behind will be taken up by what's left.

I don't know how many tens or hundreds of thousands of us were encouraged to remortgage our houses to "release the equity" but as they did so, they spent the money on new kitchens, on holidays and on cars. Of course, many people will have used it to pay off (consolidate!) their debts. This is what has kept large parts of the UK economy booming over the last decade or so. Now that these three avenues of the economy have been revealed for what they were, we are suffering now.

Bad managers, bad economists, bad politicians.

DW

Counting to one Billion

We used to ask this question as children, if you could count from one to one million in increments of one second, how long would it take you to get to one million?

The answer is 11.57407 days.

Now that we are throwing around out billions and hundreds of billion of Pounds, Dollars and so on, answer this question: if you could count from one to one billion in increments of one second, how long would it take you to get to one billion?

The answer is ... probably a shock to you.

The point of this post: I want everyone to appreciate just what one billion really represents. It is a huge number. So, when these bankers and others who are wasting our hard earned cash are prepared to spend it by the billion, you've got some idea of what they're doing now.

DW

The answer is ... 31.07979 YEARS

Do YOU waste all of this food?

Of course you don't but just look at this:

A survey commissioned for Love Food Hate Waste suggests that British workers are shelling out £5.5bn on shop bought lunches each year, while they leave almost the same value of perfectly good lunch foods at home to go off.

Ham, bread, cheese, cold meats and other typical sandwich and lunchbox foods such as fruit, crisps and yogurts are forgotten and eventually binned, to the tune of £5.06bn every year**, while we buy sandwiches and take aways at lunchtime.

2.1 million tonnes of food fit for a packed lunch is heading to landfill each year, including:

  • £821m worth of breads (530,000 tonnes)
  • £94m worth of sliced meats (23,000 tonnes)

But the nation seems split on packed lunches. The research shows that nearly a third of workers (28%) say they never bring in lunch from home, while another third (33%) say they take lunch to work every working week day.

See: http://www.wrap.org.uk/wrap_corporate/news/buying_lunch_costs.html

In other words, there are some people who've got some bread, butter, lettuce, ham, cheese and so on in their cupboards and fridges. However, rather than spending just a few minutes a day putting something decent together with the food they have already spent their money on, they throw that away and then go to a shop that sells them something that will include good food together with seasonings and preservatives etc that they do not need.

Who are these people?

Read the rest of that article for more shocking stats on the food that we throw away. You will also see a link on that page to http://www.lovefoodhatewaste.com/ which is well worth a look even though it's a bit brown rice and sandals in parts. The message is clear. There are people in the world who think they have a right to grab some of our scarce resources and waste them. Some of these people are bleating now because they have fallen on hard times for a while and are looking for someone to help them out with cash and other things. As it says on the love food web site, if only you hadn't wasted all of that food, you could have saved yourself more than GBP300 a year.

On the other hand, as someone who lives alone I need to add that British supermarkets and other shops cater badly for singletons. So, loaves of bread can be too much and the last few slices can go furry before one gets the chance to eat them. In that case, let the birds and other wild life eat them, don't just put them in the bin.

Then again, though, how about the dabbawallas of Mubai: you'll never waste another meal again if you adopt that system. Find a video on that system by taking a look at www.economist/audiovideo/asia (I think you don't need a subscription to view that short video of how the dabbawalla system works). Every day 5,000 dabbawallas deliver 175,000 tiffin boxes to their respective destination with an error rate of just one in 6 million. That's one error every 34 days or around 10 errors a year during which a total of 63,875,000 tiffin boxes will have been delivered. Better than Six Sigma that!

DW

19.2.09

HP: the saga goes on

Just before I left for my latest trip, I wrote to the Director of Customer Relations at Hewlett Packard in the UK. I explained how they have got my laptop more than I have etc.

Yesterday I got a call from their complaints department and she assured me that she was monitoring my case personally and that if they keep it more than 8 weeks, I get a new comp. They are waiting for a spare part for my existing machine.

Just in Time? Kaizen? Six Sigma? All of these buzz words and techniques and more must be floating around HP and yet for the want of a button of some sort, they are prepared to give me a brand new laptop ... if I'm lucky ... I've only got to wait another two weeks as they have had my machine for 40 days now. I really don't want that one back as it's a disaster.

What a shower!

DW

Cheating Footballers ... Again

Just seen a rerun of Steve Gerrard diving in the penalty box in a Merseyside derby from a couple of years ago.

The shame of it and the simplistic fooling of the referee.

DW


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