The Cuts Are Coming

[KearsargeCoop]

On Tuesday, a good friend of mine in NY had his center manager escorted out of the building by what is known as LIST (Layoff Implementation Security Team). They breached security at the front door, moved very quickly and efficiently right to the center manager office, put a needle in his arm with a sedative, a hood over his head, placed him in a plain white package car and drove off. The men were wearing brown pants with white shirts that had the UPS shield, but no “UPS” The shirts said “World Wild Services” on the back. Rumor has it these men were part of Carol Tome‘s security detail when they/them went to visit the call center in India to give everyone their Christmas Turkey. Turns out nobody took the turkey because they are all vegetarian…. but that is a story for another day. Anyway she was impressed by their brisk pace and professionalism as well as their low cost since they are subcontractors and went back and took them from their family for this 6 week special project. The manager was taken to “FEED” school. FEED stands for Former Employee Evaluation and Deprogramming. He “graduated” today and rumor has it what he went through was evil. He said it was worse than being at Guantanamo Bay. Rectal feedings, the hole (pun intended) 9 yards. This ain’t no Tom Cruise and Demi Moore you need me on that wall GB….this is full on Connie Rice, Dick Cheney rectal feeding GB. He went thru 50hrs of hell. When he left, he got a check for 9 months salary, which was correct down to the penny and a form stating that his stock has been put into a trust with Carol as the executer and sole beneficiary. The trust cannot be accessed for 40 years. I feel sorry for this guy.

Smoke it if ya got it

 

[IVE GOTTA PACKAGE 4U]

Smoke it if ya got it

Smoke em if you got them Johnny...

 

[Drink Craft Beer]

Fudging numbers…?

Exactly why one of my center manager was escorted out about 10yrs ago.

 

[Max Headroom]

No more toilet liners and we are going down a step in the quality of the toilet paper. Only 4 squares.

 

[KearsargeCoop]

They could save a bunch and quit ordering those RFID labels. Things are useless.

 

[RTS313]

Exactly why one of my center manager was escorted out about 10yrs ago.

RH and team really good at falsifying. numbers

 

[PT Car Washer]

They could save a bunch and quit ordering those RFID labels. Things are useless.

Already have.

 

[10:30 resi]

Already have.

 

[Blazian81]

Many reasons but this is one:

The Atlanta Federal Reserve's estimate of U.S. economic growth in the first quarter, known as GDPNow, was reduced to 2.9% from 3.4% after a big drop in retail sales in January.

Retail sales fell a sharp 0.8% last month, and sales in the prior two months were also revised a bit lower. Lower consumer spending weighs on GDP.

Still, a 2.9% annual rate of growth would be pretty strong. The economy's top sustainable speed of growth is generally seen around a much lower 1.8%.

Yeah all thats about to change when these folks get them refund checks back shessh

 

[UPSmechanicinblue]

Yeah all thats about to change when these folks get them refund checks back shessh

I don't think it will be much help this year, Remember, forbearance on house mortgage,rent, student loans pavements all recently ended. Record credit card debt and defaults with record high interest rate, over 20,000 car repo's a day. Foreclosures and evictions where all shut down until recent. We went 2 years rarely seeing a real estate sign here in Michigan now they are popping up every where, No more cash out refinance at low rates also etc etc. Did everyone forget 2008 bubble or am I just plan getting too old???? LOL

 

[Just A UPS Guy]

I don't think it will be much help this year, Remember, forbearance on house mortgage,rent, student loans pavements all recently ended. Record credit card debt and defaults with record high interest rate, over 20,000 car repo's a day. Foreclosures and evictions where all shut down until recent. We went 2 years rarely seeing a real estate sign here in Michigan now they are popping up every where, No more cash out refinance at low rates also etc etc. Did everyone forget 2008 bubble or am I just plan getting too old???? LOL

Used car prices 'bout to drop like a rock. Still unsure of the housing situation, but I'm inclined to think we'll see some retraction, maybe as much as 30% but nothing like '08 in my mind. Also not sure how many second homes will be recovered during bankruptcies with the huge amount of unsecured debt in the country right now. Wait and see.

 

[badpal]

They could save a bunch and quit ordering those RFID labels. Things are useless.

Why are they worthless?

 

[Just A UPS Guy]

Why are they worthless?

Minimally effective vs cost.

 

[UPSmechanicinblue]

Used car prices 'bout to drop like a rock. Still unsure of the housing situation, but I'm inclined to think we'll see some retraction, maybe as much as 30% but nothing like '08 in my mind. Also not sure how many second homes will be recovered during bankruptcies with the huge amount of unsecured debt in the country right now. Wait and see.

BlackRock and other multinational corps will help prevent the fall in home prices in some area obviously the good ones

 

[Just A UPS Guy]

BlackRock and other multinational corps will help prevent the fall in home prices in some area obviously the good ones

I'll buy rentals in the ghetto without hesitation. It's just a long way around to getting some of my money back from the government every month.

 

[Wally]

Used car prices 'bout to drop like a rock. Still unsure of the housing situation, but I'm inclined to think we'll see some retraction, maybe as much as 30% but nothing like '08 in my mind. Also not sure how many second homes will be recovered during bankruptcies with the huge amount of unsecured debt in the country right now. Wait and see.

Drop? No one can afford a new car?

 

[burrheadd]

Drop? No one can afford a new car?

Prices coming down inventory backing up finally getting the chip situation figured out

 

[Just A UPS Guy]

Drop? No one can afford a new car?

There was a point, and it may still be, that a new pickup was a better deal than used.

 

[KearsargeCoop]

Why are they worthless?

Well, the scanners never pick them up from a drivers standpoint. From a company standpoint, they cost 1000 times more than a normal ole PAL label.

 

[Over70irregs]

Used car prices 'bout to drop like a rock. Still unsure of the housing situation, but I'm inclined to think we'll see some retraction, maybe as much as 30% but nothing like '08 in my mind. Also not sure how many second homes will be recovered during bankruptcies with the huge amount of unsecured debt in the country right now. Wait and see.

Commercial RE $ heading to sfh. Losses will mount and be written off. Printer brrr. The US Dollar is designed to make everything more expensive over time. That's the only way to keep us working forever.

THIS IS REALITY.