Your Government No Longer Values Competence

    0
    271

    by Karl Denninger, Market Ticker:

    Neither does Disney, nor many if not most other large corporations.

    Take a look at the recent incident with our “nuclear waste person” allegedly caught stealing a piece of luggage.  You have to be out of your mind to do something like that.  There isn’t an “innocent explanation” for it, nor one that meets the basic test of logic.  It has been reported that the person in question didn’t even check a bag, so there was no reason for them to be in the claim area to begin with.

    Supposedly said person has degrees in the nuclear field from MIT.  Is the degree worth anything and was it actually earned?  30, 40, 50 years ago we wouldn’t have a reason to ask that question but today we do because colleges teach classes on “gender studies” and “whiteness as a disease”, along with similar rot, and admit people not based on their aptitude but also based on various “diversity” checkboxes, whether it be race or something else.  This was bad back in the 1990s when I was running MCSNet and had people come apply to my firm for a job as students at UofC who couldn’t manage to do four-function arithmetic on a piece of paper or write a basic business letter!  The majority failed at both tasks which I required to get an interview; the requirement was put in because if you couldn’t do those two things, both of which you should have to demonstrate to graduate from High School you couldn’t successfully communicate to a customer that they had to pay their bill to get service restored or make change for a $20 if they came in to pay in person!

    TRUTH LIVES on at https://sgtreport.tv/

    We put men on the moon multiple times in rockets designed by men using nothing more than a slide rule, pencil and paper for their calculations and drawings.  Said devices worked.  Today the average college graduate appears to be unable to make change for a $20 without the computerized cash register telling them how much it is!

    Bob Iger is back as CEO of Disney, which has seen its stock price collapse.  Meanwhile the price of admission to the parks has skyrocketed.  What are you getting for the money and why is it that ever-increasing cost to the customer hasn’t translated into ever-increasing EPS?  That’s obvious: The firm is bleeding money out of severed-arterial size holes.  Iger claims he will “quiet down” the culture war controversies.  Uh huh.  Sure he will.  Disney used to be the family-friendly company — meaning parents with kids — in all respects: Movies, theme parks, merchandise, etc.  Like it or not 95% of the families are in fact one man and one woman raising some number of children even though in today’s world many of those couples do not remain together through that full 18+ year journey.  If you as a corporation cater to the 5% who include the small minority of two dudes with an adopted or foster child you piss off the 95% of the married, heterosexual couples with kids who have no desire to have their children consider that “normal” and trying to force that into said children’s minds is going to drive the parents away.  Disney never put such content into its movies and similar production until fairly recently and its not because Disney “hated” said people: Its because they knew damn well that if you start playing “drag queen story hour” with your movies heterosexual married couples with children will think you’re nuts, they do not want their children exposed to that and they won’t spend money on your products and services where it is present.

    Yes, its true that larger numbers of people consider this sort of thing “ok” today compared with 20, 30 or 50 years ago.  It doesn’t matter except to a minor degree; you’re still going to piss off the majority of the families.

    Never mind Disney outsourcing virtually its entire IT department to either overseas locations or firing Americans and replacing them with H1b people, both of which were hired not for competence but rather because they checked a box — in this case, they were cheaper.  If you allow a firm’s employees to “express themselves” in the products and services offered you get whatever you hired and if said people were hired not with the first, second, third and all checkboxes being only competence but because you had some “DIE” goals in mind you now either must ban all such expression by the firm or you will piss off the majority of your potential customers.

    Read More @ Market-Ticker.org