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Out of the Blue

Happy Fat Tuesday, happy Shrove Tuesday, and happy Pancake Tuesday. In other words, happy Mardi Gras. And yes, I will indeed bare my chest for plastic beads. Important note for those of you visiting the Blue's News cocktail lounge: there is a $100 deposit on the hurricane glasses. No exceptions.

Shrove Links: Thanks Ant.
Play: Geometry Neon Dash Subzero.
Science: New DNA nanorobots successfully target and kill off cancerous tumors.
Foreign Accent Syndrome: American woman says she woke up sounding British.
Media: Siri in the '80s.
Casually Explained: Introverts and Extroverts.
Elephants Are Gross (NSFW). Warning, the title is no lie.

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24 Replies. 2 pages. Viewing page 1.
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24. Re: Out of the Blue Feb 14, 2018, 18:59 Mr. Tact
 
RedEye9 wrote on Feb 13, 2018, 16:50:
Looking for something to watch involving a dystopian alternate universe that has a door to a "copy" of itself. Seen 3 episodes and it's good.
https://www.starz.com/series/counterpart/episodes
http://www.metacritic.com/tv/counterpart
It is showing good potential so far. I agree with Capella, JK Simmons has been excellent. Nice to see him get a fat, juicy role.

Spoilers: As soon as I saw Emily was alive in the alternate reality and involved with the spy stuff -- I assumed and was right that "our" Emily was too.}
 
Truth is brutal. Prepare for pain.
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23. Re: Out of the Blue Feb 14, 2018, 17:18 Capella
 
Yea this show ROCKS! J.K Simmons is so damn good!  
Avatar 7912
 
"Yeah everyone's gotta have the sickness
Cause everyone seems to need the cure"
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22. Re: Out of the Blue Feb 14, 2018, 08:39 Beamer
 
jdreyer wrote on Feb 13, 2018, 21:23:
Mr. Tact wrote on Feb 13, 2018, 11:58:
Beamer wrote on Feb 13, 2018, 11:31:
Blame capitalism. It was bought out by Cerberus Capital, who took control using a leveraged buy out that gave Remington a debt of $1B for the privilege of being purchased. Cerberus then paid itself millions in management fees per year.
Ah, thanks for the information. It is simultaneously unsurprising and disappointing those kind of transactions still happen on a regular basis.

It's how Mitt Romney made his millions, although I've heard stories worse than what he did.

Bain was involved in TRU, but is generally one of the better PE firms. Its founders came from consulting, not banking, so they know more about fixing companies than about financially draining them. I mean, they still financially drain some companies, but being part of a company purchased by Bain isn't necessarily, or regularly, a bad thing.

There are good PE firms out there. There are just awful ones, too.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
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21. Re: Out of the Blue Feb 14, 2018, 08:23 Mr. Tact
 
jdreyer wrote on Feb 13, 2018, 21:23:
It's how Mitt Romney made his millions, although I've heard stories worse than what he did.
Yeah, I remember. The problem is everyone in the decision tree gets rich off these deals. So the only way to keep it from happening is for someone to be a "stick in the mud", who has power to block it, who won't fold to being offered millions. Those are few and far between -- and frankly, I'm not sure I could resist it.
 
Truth is brutal. Prepare for pain.
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20. Re: Out of the Blue Feb 14, 2018, 05:11 jdreyer
 
Elephants are Gross

Soooo, "trunking" is a thing.
 
Avatar 22024
 
The only thing that flat-earthers have to fear is sphere itself.
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19. Re: Out of the Blue Feb 13, 2018, 22:50 jdreyer
 
RedEye9 wrote on Feb 13, 2018, 16:01:
Watch McMafia. It's about how the capitalist-globalists interesect with crime in the 21st century and it's treated solely as business. Really excellent first season. Illustrates quite well the psychopathy involved in the business world.
I get all my education and interesect's about current events from a crime, drama, thriller, tv show, because you know FICTION.

Probably thinks most meth dealers are high school chemistry teachers with terminal cancer.

Nation Cruelly Reminded That It Once Had a President

There are kernels of Truth in fiction, or the suspension of disbelief would be interrupted. Still, your B reference gave me a chuckle.
 
Avatar 22024
 
The only thing that flat-earthers have to fear is sphere itself.
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18. Re: Out of the Blue Feb 13, 2018, 21:23 jdreyer
 
Mr. Tact wrote on Feb 13, 2018, 11:58:
Beamer wrote on Feb 13, 2018, 11:31:
Blame capitalism. It was bought out by Cerberus Capital, who took control using a leveraged buy out that gave Remington a debt of $1B for the privilege of being purchased. Cerberus then paid itself millions in management fees per year.
Ah, thanks for the information. It is simultaneously unsurprising and disappointing those kind of transactions still happen on a regular basis.

It's how Mitt Romney made his millions, although I've heard stories worse than what he did.
 
Avatar 22024
 
The only thing that flat-earthers have to fear is sphere itself.
Reply Quote Edit Delete Report
 
17. Re: Out of the Blue Feb 13, 2018, 19:27 1badmf
 
kingdom come seems like a promising game from early reviews, just a buggy mess. wait for patches. [url=good video review]https://www.youtube.com/watch?v=1JZfoz7UVr0[/url]

in other news, finally binged altered carbon. i don't get why it got such a mixed response. i've never read the source material, but holy fuck is the series good. minor gripes here and there, but overall it stands on the shoulders of bladerunner and frankly it's a more worthy successor than 2049 was. fingers crossed for season 2.
 
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16. Re: Out of the Blue Feb 13, 2018, 18:05 Beamer
 
RedEye9 wrote on Feb 13, 2018, 16:01:
Watch McMafia. It's about how the capitalist-globalists interesect with crime in the 21st century and it's treated solely as business. Really excellent first season. Illustrates quite well the psychopathy involved in the business world.
I get all my education and interesect's about current events from a crime, drama, thriller, tv show, because you know FICTION.

Probably thinks most meth dealers are high school chemistry teachers with terminal cancer.

Nation Cruelly Reminded That It Once Had a President

His understanding of things like business really does read like he pays attention to fiction more than fact. He often attributes absolutely heinous intent on people who are more either misguided or incompetent. Heinous intent usually exists solely in fiction.

But, with these LBOs... the people responsible usually think they're doing something fine because it could work out, when in reality they're mostly guaranteeing it doesn't. They're operating under a delusion. Few people ever think they're bad, or detrimental. I mean, look who most often thinks everyone else here is a troll with no point.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
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15. Re: Out of the Blue Feb 13, 2018, 17:15 Orogogus
 
Nucas wrote on Feb 13, 2018, 17:03:
blue has always run this place with such a light touch that i have always wondered just how much of an asshole someone must have been whenever i see that big read "removed".

I'm pretty sure it's usually just spam bots. Occasionally one of the regulars blows their top during an argument and just launches into personal attacks, and if Blue sees it then that gets removed, too.
 
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14. Re: Out of the Blue Feb 13, 2018, 17:03 Nucas
 
blue has always run this place with such a light touch that i have always wondered just how much of an asshole someone must have been whenever i see that big read "removed".  
Avatar 49584
 
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13. Re: Out of the Blue Feb 13, 2018, 16:50 RedEye9
 

Looking for something to watch involving a dystopian alternate universe that has a door to a "copy" of itself. Seen 3 episodes and it's good.
https://www.starz.com/series/counterpart/episodes
http://www.metacritic.com/tv/counterpart
 
Avatar 58135
 
Nullity's Law
There's an easy and fool-proof way to tell if anything related conservative/right-wing/Republican politics is true or not. If anyone calls it "fake news", you can be sure it's the solid truth.
https://www.needtoimpeach.com/
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12. removed Feb 13, 2018, 16:15 Cutter
 
* REMOVED *
This comment was deleted on Feb 13, 2018, 16:16.
 
Avatar 25394
 
"I like oak myself, that's what's in my bedroom. How 'bout you Jimmie? You an oak man?"
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11. Re: Out of the Blue Feb 13, 2018, 16:01 RedEye9
 
Watch McMafia. It's about how the capitalist-globalists interesect with crime in the 21st century and it's treated solely as business. Really excellent first season. Illustrates quite well the psychopathy involved in the business world.
I get all my education and interesect's about current events from a crime, drama, thriller, tv show, because you know FICTION.

Probably thinks most meth dealers are high school chemistry teachers with terminal cancer.

Nation Cruelly Reminded That It Once Had a President
 
Avatar 58135
 
Nullity's Law
There's an easy and fool-proof way to tell if anything related conservative/right-wing/Republican politics is true or not. If anyone calls it "fake news", you can be sure it's the solid truth.
https://www.needtoimpeach.com/
Reply Quote Edit Delete Report
 
10. Re: Out of the Blue Feb 13, 2018, 15:00 Cutter
 
Watch McMafia. It's about how the capitalist-globalists interesect with crime in the 21st century and it's treated solely as business. Really excellent first season. Illustrates quite well the psychopathy involved in the business world.
 
Avatar 25394
 
"I like oak myself, that's what's in my bedroom. How 'bout you Jimmie? You an oak man?"
Reply Quote Edit Delete Report
 
9. Re: Out of the Blue Feb 13, 2018, 13:51 Beamer
 
Pigeon wrote on Feb 13, 2018, 13:39:

The Vikings, Goths and Mongol Horde all wear three piece suits now; pillaging and raping without their victims even realizing they’ve been raided.

Barbarians at the Gate. Which, incidentally, is read as an example of how one man made tens of millions, and almost bilions, not how LBOs transferred that cash from the many to... one man.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
8. Re: Out of the Blue Feb 13, 2018, 13:39 Pigeon
 
Beamer wrote on Feb 13, 2018, 13:34:
VaranDragon wrote on Feb 13, 2018, 12:32:
Beamer wrote on Feb 13, 2018, 11:31:
Mr. Tact wrote on Feb 13, 2018, 10:51:
I thought this was kind of surprising:

Remington files for bankruptcy

figured all the gun makers were doing fine.

Blame capitalism. It was bought out by Cerberus Capital, who took control using a leveraged buy out that gave Remington a debt of $1B for the privilege of being purchased. Cerberus then paid itself millions in management fees per year.


How the fuck is this not illegal?

Read about Simmons Mattress whose employees were royally fucked. As the PE firm profited, the employees lost their pension plan.

It happened to Sealy Mattresses, too.

There are PE firms that do well. That do good for the economy. They buy poorly run companies, install new leadership, bring in learnings from elsewhere, find synergies with existing products in the portfolio, then sell them much healthier than they started (layoffs are inevitably part of this, but usually dead weight and overstaffing - the employees that need to go to turn a place around.) If you've ever watched The Profit on CNBS, that guy is a one man PE firm. In some episodes he really demonstrates the value he can add (ones where he doesn't gloss over that.)

But for every transaction like that, there are dozens of hundreds where the PE firm takes on no risk, pushing it all on the company itself and the lenders. The worst is when these companies get passed around, levered more and more, taking on more debt each time, making some jackass richer, until the company is ruined, goes through bankruptcy, and ultimately has the brand and any machinery sold to China, making an American company a Chinese one.

Again, Toys R Us is the current case. All of the articles talk about Amazon killing it, and Amazon did hurt it badly in Q4, but some of that was due to the negative press around the company. Toys R Us was actually plenty healthy and profitable if you discount the debt it was forced to take when it was acquired in a LBO. If not for that debt, debt it was forced to take in order to be bought by someone it didn't even want to be owned by, it'd have capital to fight Amazon. Instead, its hands are tied and it operates bare bones as it sees a company investing in innovation and marketing destroying its share.

The Vikings, Goths and Mongol Horde all wear three piece suits now; pillaging and raping without their victims even realizing they’ve been raided.
 
Reply Quote Edit Delete Report
 
7. Re: Out of the Blue Feb 13, 2018, 13:34 Beamer
 
VaranDragon wrote on Feb 13, 2018, 12:32:
Beamer wrote on Feb 13, 2018, 11:31:
Mr. Tact wrote on Feb 13, 2018, 10:51:
I thought this was kind of surprising:

Remington files for bankruptcy

figured all the gun makers were doing fine.

Blame capitalism. It was bought out by Cerberus Capital, who took control using a leveraged buy out that gave Remington a debt of $1B for the privilege of being purchased. Cerberus then paid itself millions in management fees per year.


How the fuck is this not illegal?

Read about Simmons Mattress whose employees were royally fucked. As the PE firm profited, the employees lost their pension plan.

It happened to Sealy Mattresses, too.

There are PE firms that do well. That do good for the economy. They buy poorly run companies, install new leadership, bring in learnings from elsewhere, find synergies with existing products in the portfolio, then sell them much healthier than they started (layoffs are inevitably part of this, but usually dead weight and overstaffing - the employees that need to go to turn a place around.) If you've ever watched The Profit on CNBS, that guy is a one man PE firm. In some episodes he really demonstrates the value he can add (ones where he doesn't gloss over that.)

But for every transaction like that, there are dozens of hundreds where the PE firm takes on no risk, pushing it all on the company itself and the lenders. The worst is when these companies get passed around, levered more and more, taking on more debt each time, making some jackass richer, until the company is ruined, goes through bankruptcy, and ultimately has the brand and any machinery sold to China, making an American company a Chinese one.

Again, Toys R Us is the current case. All of the articles talk about Amazon killing it, and Amazon did hurt it badly in Q4, but some of that was due to the negative press around the company. Toys R Us was actually plenty healthy and profitable if you discount the debt it was forced to take when it was acquired in a LBO. If not for that debt, debt it was forced to take in order to be bought by someone it didn't even want to be owned by, it'd have capital to fight Amazon. Instead, its hands are tied and it operates bare bones as it sees a company investing in innovation and marketing destroying its share.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
6. Re: Out of the Blue Feb 13, 2018, 12:32 VaranDragon
 
Beamer wrote on Feb 13, 2018, 11:31:
Mr. Tact wrote on Feb 13, 2018, 10:51:
I thought this was kind of surprising:

Remington files for bankruptcy

figured all the gun makers were doing fine.

Blame capitalism. It was bought out by Cerberus Capital, who took control using a leveraged buy out that gave Remington a debt of $1B for the privilege of being purchased. Cerberus then paid itself millions in management fees per year.


How the fuck is this not illegal?
 
Avatar 58327
 
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5. Re: Out of the Blue Feb 13, 2018, 11:58 Mr. Tact
 
Beamer wrote on Feb 13, 2018, 11:31:
Blame capitalism. It was bought out by Cerberus Capital, who took control using a leveraged buy out that gave Remington a debt of $1B for the privilege of being purchased. Cerberus then paid itself millions in management fees per year.
Ah, thanks for the information. It is simultaneously unsurprising and disappointing those kind of transactions still happen on a regular basis.
 
Truth is brutal. Prepare for pain.
Reply Quote Edit Delete Report
 
24 Replies. 2 pages. Viewing page 1.
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