Lets see, I have been in and around stream for 5+ years and as most of you know I used to teach college. Scary eh? I gave that up for the greedy world of private business. I have enjoyed it, its provided a great life for me and most importantly has afforded me the luxury of going to vegas 3x a year..lol.......So here I am a 3rd generation business owner and what I have learned recently about business was never taught in any text book.
My company deals in automotive production. Mostly the the Big 3 in Detroit. It's been in my family for 50 years and we continue to grow, plod along and sometimes struggle during these weird and frustrating economic times. I was notified 48 hours ago that one of contracts was being pulled by Chrysler. It's a 2 million dollar contract. After many phone calls, conference calls, some kicking, screaming and yelling I got to the bottom of the why............I was told "you are not a minority owned company and our focus for that type of contract is to issue it to a minority." INTERESTING! So I asked who got........here's the kicker! A Pakistan company was awarded the distribution contract. Yep you heard it, a company based in Pakistan now has my contract.
Years ago our govt set up "minority affilitions" to get women, african americans, hispanics more involved in business. They offered them tax incentives, govt contracts, etc. This is a very common practice and one I firmly believe in. AT NO POINT WAS THERE EVER SUPPOSED TO BE BUSINESS TAKEN AWAY FROM ME FROM A COMPANY IN FUCKING PAKISTAN!
here's how it works........pakistan company sets up office in Michigan, chrysler orders product from location in michigan, chrysler is billed, billing goes through michigan, money goes back to Pakistan, Chrysler gets tax incentive for doing business with a minority.....it's a nutty world we live in!
Not like me to vent in public....so my apologies......just thought after reading some of the things eiregirl has posted some of you might find this interesting, disturbing and laughable........
Indychick......I promise to post something more entertaining next time.....who knows, maybe a pic or something or hell maybe even one of my stories....well maybe not a story, you all might end up thinking I am a perv...lol
- Listening to:Ministry "So what"