> Why would they be speaking on behalf of their employers?
Disclaimers aren’t there for folks who are thinking and acting rationally.
They are there for people who are thinking irrationally and/or manipulatively.
There are (relatively speaking) a lot of these people. They can chew up a lot of time and resources over what amounts to nothing.
Disclaimers like this can give a legal department the upper hand in cases like this
A few simple examples:
- There is a person I know who didn’t renew the contract of one of their reports. Pretty straightforward thing. The person whose contract was not renewed has been contesting this legally for over 10 years. The outcome is guaranteed to go against the person complaining, but they have time and money, so they tax the legal team of their former employer.
- There is a mid-sized organization that had a small legal team that had its plate full with regular business stuff. Despite settlements having NDAs, word got out that fairly light claims of sexual harassment and/or EEO complaints would yield relatively easy five-figure payments. Those complaints exploded, and some of the complaints were comical. For example, one manager represented a stance for the department to the C-suite that was 180 degrees opposite of what the group of three managers had agreed to prior. Lots of political capital and lots of time had to be used to clean up that mess. That person’s manager was accused of sex discrimination and age discrimination simply for asking the person why they did that (in a professional way, I might add). That person got a settlement, moved to a different department, and was effectively protected from administrative actions due to it being considered retaliation.
Sounds like the company in the latter example really screwed up, but how does that connect to disclaimers? Is it just an example of malicious behavior?
> Sounds like the company in the latter example really screwed up
Interesting. I think they made an unfortunate but sound decision based on their circumstances.
> but how does that connect to disclaimers?
It doesn’t directly.
> Is it just an example of malicious behavior?
Yes. It’s an example of how absolutely bat-shit crazy people can behave in ways that can tax a company’s legal team. Having folks use a disclaimer will almost certainly lighten some of this load in terms of defending against folks who weaponize online comments made by employees.
> this is unashamedly published on a so-called credible journalism outlet
There may be credible journalists at some major print newspapers, but I don’t think there are many people who actually believe that any major US-based journalism outlet defaults to credible any more.
> Anyone without a disability can run and pull a trigger
This is very much untrue in terms of being a soldier in a high-functioning military.
Technically, you’re not wrong (at least for lighter weapons). That said, there are many more physically demanding things that are involved in doing infantry things (which is what you’re describing) other than running and pulling a trigger (and ideally hitting the target).
> or do all those technical jobs.
Depends on the job, but much more likely.
The vast majority of the jobs in the military are not infantry or infantry-type jobs, so I can see a lot more scope for drafted women who aren’t cut out for infantry doing these things.
The lender generally has a positive EV, but variability is high. The interest rates on leveraged buyouts are high, and the lender has priority over everything but taxes. If the company can stay afloat for a while, the lender probably got made whole and then some, even if the full loan never got paid back.
It’s the same as buying a house. I want to buy a house for $1.2m. I put down $200k and borrow $1m. The bank determines the value of the house. My equity absorbs a 20% drop in prices, so the bank is fairly protected. Businesses are different because they really can go to $0. Banks will need more collateral and/or make many different types of loans to dilute the risk.
Any one loan may be risky, but in aggregate the rates compensate for it.
They pay you 0-4% for the money in your checking account and lend it at 1-3% points higher. As long as they have a big enough uncorrelated portfolio, they make easy money.
And if the whole portfolio tanks all at once, the whole industry gets bailed out.
The latter. Big Banks lend to private equity because the profit is good and they are large enough to absorb the variability.
The public hates it because they see highly visible bankruptcies. They don't see the success stories, or the businesses successfully carved up for more value than the sum of their parts
> I immediately stopped considering them as options. If you can’t be bothered to have a human respond to my email when I’m trying to give you my money, what level of service can I expect once I’m already obligated to pay rent?
I will go out on a limb and suggest that they are probably happy that you’ve self-selected out of the process.
I’m not saying your expectations are unreasonable, but you have higher expectations than most consumers, and that ultimately becomes a pain in their ass.
I feel like it's not higher than most consumers, if I have a problem that is serious enough then that's the benefit and direct trade-off of renting - it shouldn't be my problem and my landlord should take it seriously. If everyone self-selects out we are just making the rental market even more hostile.
> I sense that when expectations are clear they'll often surprise you with diligence.
Data does not support your sense.
Most students do not have good time management skills, usually because they have no models and/or have not been taught these skills.
Furthermore, continuous feedback, whether graded or not, has been found to be more effective than one-shot feedback.
Evaluation and assessment is a complex topic towards which many people (not necessarily you) want to take an overly simplified approach.
There are trade offs for any system that is chosen. The organizations providing the grades have to decide what their priorities are (e.g., time, accuracy, etc.).
In certain domains, this has already happened.
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