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Sunday, January 04, 2004 |
 Fortune (sub only). Peter Drucker is great, I typically love his insightful analysis. However he was dead wrong in a recent Fortune interview. In the interview, Peter claims that job losses due to offshoring don't matter because so few industries are impacted. He reasons that only jobs that build products where over 20% of the total cost to produce it are labor costs, are vulnerable. Further, he adds: these jobs typically don't matter since they are low paying (like textiles). My response: What about software? What about all knowledge worker tasks from accounting to xyz? Not well reasoned Peter, you can do better.
5:57:21 PM 
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I am also glad not to have worked for Edwards given his opposition to free trade.
5:36:52 PM
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A report from the UK that the US is planning to spend $3 b to rebuild a secret police force in Iraq. The US hopes to organise the various groups into one force with the local knowledge, motivation and authority to hunt down resistance fighters. According to Washington, the new agency could number 10,000. Initially, salaries will be paid by the CIA, which has 275 officers in Iraq. The force is intended to have a crucial role in post-Saddam Iraq. Vincent Cannistraro, a former chief of CIA counter-terrorism, said: "They're clearly cooking up joint teams to do Phoenix-like things, like they did in Vietnam." He said that small units of US special forces would work with their Iraqi counterparts, including former senior Iraqi intelligence agents, on covert operations.
10:38:26 AM
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You gotta love this.
10:11:47 AM
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© Copyright 2004 John Robb.
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