Vacuum Cleaners Discussions

Dyson is in the news frequently and so a dedicated thread.

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Hello DIB:

HAPPY NEW YEAR!

I'd say the retired CEO and President of one the largest companies in the world, who sat on over a dozen boards of the largest fortune 500 USA companies, and took no salary from a State University for teaching, save the sheer pleasure to teach University students, is a special kind of professor.  Certainly worthy of my registration/enrollment in his classes.  In fact, most students considered attending his classes both an honor and privilege.  Not many absentees even tho it was the first class of the day. 

I don't think he could list his many business accomplishments on a single page and advertise so others might read and know at a quick glance.  He had many careers in his lifetime.  It would take many such pages to do him the justice he deserves.  He is one of the smartest men I ever met in my lifetime.  And I met many. 

Ironically, at the same time he was spending alot of time in Nevada.  He bought and sold real estate in the desert of Las Vegas to build hotel/motels.  In one his many career ventures, he managed to obtain several engineering degrees so he would know how to read blue prints and meet state/local codes for building requirements.  Made multi-millions of dollars.  And still does from his current investment/ownerships in these properties.  Gifts most away to charity, since his Wife and just about all his family members including offspring [and friends] are deceased.  He and I get together for coffee once a week and talk about the good old days.  I still enjoy his business wisdom and humor on current world events.

Carmine D

CarmineD wrote:
Carmine,

Happy New Year to you and the other posters here.

I could not agree more of your assessment of “Patent Trolls”.  I put them in the same category as ambulance chasers and whores.  Dyson has no record of being any sort of patent troll.  Fact.

Well, it is more rare than I would guess...  glad to hear of a successful guy giving back and in many ways.  On this day and of this comment of waiting or implying inventing was daunting was in error.  Smart, rich, sincere, etc. men get it wrong all the time.  *Andrew Carnegie once told Alexander Graham Bell his telephone had no value.  One of our Apollo astronauts (unsure of his name) was asked to evaluate a new material called velcro, he felt it served a purpose in weightlessness but saw no value otherwise.    The smart ones get it wrong often, your friend got it wrong on that day, yet and for sure his track records proves him right mostly.

Your friend sounds like he could easily support the many ideas Dyson has for strengthen our two countries via inventions, engineering and design.

I knew a billionaire who was super quick, smart, and could be much fun to be around, yet it turned out he had a dark ruthless ability and track record.  He was probably smarter than even Dyson, although he quite enjoyed destroying people and companies, unlike Dyson.


DIB


*I’m fairly certain it was Andrew Carnegie.

Hi DIB:

Thomas A. Edison, an inventor of note, and a New Jerseyan like the good professor and I, initially thought AC current was far inferior to DC current and would never be of value.  I give him a pass on that error.

I'd say Bernie Madoff fits the description of a billionaire with a ruthless dark side who ruins people and companies.  And I'd add to him and the list, greedy companies and executives who use "foreign" slave labor without guilt to enrich themselves at the expense of others.  Their sins cry up to God.  They get their just rewards if not in this life, then the one to come. 

Carmine D.

CarmineD wrote:
... Sounds like Walmart too.  Destroying American manufacturing jobs at a high rate of speed in the name of lowering prices.

DIB

Hello DIB:  HAPPY NEW YEAR 2009!

W*M capitalizes on the demand for less expensive [read: lower prices] foreign made goods.  Why?  Americans are eager and anxious to buy these products.  Using your logic applied to W*M, should we then further assert that the Americans who buy these foreign made goods/products are eliminating US manufacturing jobs?  Yes, most assuredly.  But, whose fault is this?  W*M for selling what US consumers want to buy?  That seems very shortsighted and anti-W*M.  Foreign manufacturers?  Why, for being more competitive than the US?  US consumers?  Why, for saving money?  US manufacturers?  Why, for failing to be competitive with foreign made goods?  Now, that's thinking like a non-government type.  I know what the good marketing professor would say.

BTW, APPLE i [nnovative] Phones are now selling at Wal*Mart stores besides BEST BUY, APPLE and AT&T stores.  Despite Mr. Jobs' longstanding eschewing of Mac discounts and Wal*Mart stores.   What's the saying:  If you can't beat them, join them?  Innovative APPLE joined them.  Survival of the fittest.  APPLE expects the sales of these iPhones at WM stores in 2009 to bolster its sagging sales and profits. 

Carmine D.

DysonInventsBig wrote:
Yeah DIB, but it's us not them.  We run to Wal-Mart.  I've heard of no one who's set out on a shopping trip with a gun to his or her head.  As long as consumers continue to shop without a some sense of awareness as to where their money goes and what it may or may not be supporting, the problem will prevail.

Business of all sizes and shapes may do whatever they like to gain advantage regarding profit but the public makes the final decision on the matter by merely a "yes" or "no"

Best,

Venson.

Frontline investigation - “Is Walmart Good For America?”
http://video.google.com/videoplay?docid=-7726108983919884624

Hi Venson:

You make an excellent point.  As consumers, Americans vote with their pocketbook.  Case in point for Wal*Mart.  You may have noted that Wal*Mart recently settled some long standing cases involving knucklehead managers and supervisors who denied employees their wages [a sin that cries out to God].  Wal*Mart management IMHO was slow to settle with some cases taking over 8 years.  No excuse for the delay.  I understand investigating the claims first and supporting supervisors and managers, but this was much too much time. 

So what was the impetus for the recent Wal*Mart settlements after so long?  Several reasons.  One in particular which spoke volumes.  According to Wal*Mart sanctioned surveys and studies the lingering cases were costing the company in the bottom line: 2-8 lower sales and profits.   The company decided it was time to do the right thing!  And to its credit, it did.  FINALLY!!!

In the state of Nevada there were over 50 stores and about 1600 employees affected by these cases.  Extrapolate that across the nation for Wal*Mart stores.  Disgruntled employees, and their friends and family not shopping at the stores.  Hurts the bottom line.  More and more over time. 

Carmine D.

DysonInventsBig wrote:

Hello DIB:

Tho dated, 2006, the PBS FRONTLINE is very good and a provocative presentation.  I presume you dislike Wal*Mart for its push to Chinese [you like to impugn China/Asia] suppliers.  I never noted any contempt for dyson's move to Malaysia [southeast Asia] using an existing "dual purpose" plant  to produce/export dysons globally.  Vice dyson expanding production at the existing Malmesbury UK plant and/or building a new plant [like he wanted to do for the engineering HS] for the effort.   Dyson justified the move/foreign production by saying the labor costs in Malaysia were 30 percent lower than the UK.  I suspect even more.  Then, dyson raised vacuum prices to the consumers rather than lower [as Wal*Mart does and says is the reason for using lower cost Chinese suppliers].  

Surely too you were outraged by dyson's contracts with Wal*Mart to sell 2 exclusive dyson upright models:  DC07 All Carpets in 2003 for $359, and DC07 Original in 2006 for $378?  Wal*Mart and dyson are due for another vacuum contract negotiation, no?  Are you livid and lobbying hard against it? 

Carmine D.

DysonInventsBig wrote:
CarmineD wrote:
Carmine,

Much is wrong with Walmart.  It is too bad Americans who shop there are not willing or capable of forecasting their future.  But if they had, they would not be in *need/dire need of cheap pricing at any cost.  Americans will certainly be taught this lesson, only after it comes at their expense (aka The High Cost of Low Prices).  My Father has plenty and it is His will that I have plenty and then sharing (investing in others, this country, etc.), this is the road I travel.

As a realist, plenty of product will come from nations much poorer than ours.  The men and women who are Walmart use the con of benevolence to mask it’s their power thirsty, greedy and destructive nature.  It’s called - “mans fallen nature”. 

DIB

*pre-economy collapse

More videos/insight to those men who run Walmart...
http://www.blinkx.com/video/mother-of-dead-soldier-sued-by-wal-mart-for-insurance-money/vtQfcy5P-5QBMEfRArFucQ

http://www.blinkx.com/video/tough-questions-for-wal-mart-propagandist/xIicMAFX0_eslwny

http://www.blinkx.com/video/retail-association-wins-lawsuit-against-state-over-wal-mart-bill/z23PHJpHLhphxS2eSV70SA

http://www.blinkx.com/video/walmart-to-shell-out-up-to-640-million-to-settle-lawsuits/6ZB5kVA4GSNUi_wBt5sbfA

http://www.blinkx.com/video/wal-mart-drops-suit-again-mentally-disabled-person-2-2/RB9DELomGOUZ-K0B2Pk6jg

A commentary and claimed “Dead Dead Peasant' Policy” (F word used much)...
http://www.youtube.com/watch?v=ik30ijaBgUA