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3M is going to be in the hot seat

eohrnberger said:
The 3M CEO will be strong arming his distributors to stop this practice. 3M doesn't sell directly, only through their distributors. Their leverage would be to break their distribution contract with them, so they'll have to comply. The miss on 3M CEO's part is to not know this was happening, and not take action to prevent and / or stop it.



From a business risk evaluation (also part of the free market), 3M is under far greater risk now than it would have been had it made it clear to their distributors a 'domestic first' policy in sales.

They missed the boat, they didn't foresee this (they should have), they'll pay the price for it. That too is the free market in action.
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Oh, how cute! You still believe in the benevolence of big corporations. Bless your heart.
 
Old 'N Chill said:
Is there anything illegal in 3M selling their masks to other countries? Are they obligated to put 'America First' in sales of their products?
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No, they are obligated to put money before all else. Capitalism before patriotism.
 
Since it was on FOX and Tucker, it was a certain as the sunrising that some Democrats on this forum would rush to 3Ms defense and desperately try to derail the thread to "But what about the orange man?!"

If this had been on CNN, the would be ranting this is murdeorus treason and CNN would desperately search of any picture of any executive with 3M standing beside Trump, claiming Trump ordered this.

That said, I am pleased that SOME Democrats can join in condemning this by 3M.
 
TheDoctorWasIn said:
The President does not have the power to deny anyone federal contracts. Unless Congress passes a law about it, they can't deny contracts either.
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Uh... because the president has to sign legislation passed by Congress before it becomes law? Think maybe that's how it works?
 
joko104 said:
Since it was on FOX and Tucker, it was a certain as the sunrising that some Democrats on this forum would rush to 3Ms defense and desperately try to derail the thread to "But what about the orange man?!"

If this had been on CNN, the would be ranting this is murdeorus treason and CNN would desperately search of any picture of any executive with 3M standing beside Trump, claiming Trump ordered this.

That said, I am pleased that SOME Democrats can join in condemning this by 3M.
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No one here is defending 3M.
 
joko104 said:
Because the House of Representatives, where all budget items begin and controlled by the Democrats, never started the funding process. That's why. They had EXACTLY the same information President Trump did.
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So you're admitting he knew but chose to call the pandemic a hoax and now says the government isn't a back up to the states.
 
joko104 said:
Since it was on FOX and Tucker, it was a certain as the sunrising that some Democrats on this forum would rush to 3Ms defense and desperately try to derail the thread to "But what about the orange man?!"

If this had been on CNN, the would be ranting this is murdeorus treason and CNN would desperately search of any picture of any executive with 3M standing beside Trump, claiming Trump ordered this.

That said, I am pleased that SOME Democrats can join in condemning this by 3M.
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You are derailing the thread with this post.
 
joko104 said:
Uh... because the president has to sign legislation passed by Congress before it becomes law? Think maybe that's how it works?
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You misunderstand.

I am saying that absent new laws being passed, neither the President nor Congress have the power to deny federal contracts.
 
joko104 said:
Since it was on FOX and Tucker, it was a certain as the sunrising that some Democrats on this forum would rush to 3Ms defense and desperately try to derail the thread to "But what about the orange man?!"

If this had been on CNN, the would be ranting this is murdeorus treason and CNN would desperately search of any picture of any executive with 3M standing beside Trump, claiming Trump ordered this.

That said, I am pleased that SOME Democrats can join in condemning this by 3M.
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WTF makes you think anyone is defending 3M? We're just saying what else did you expect?
 
nota bene said:
What does this have to do with 3M selling masks to foreign countries rather than making them available to the states first?

Answer: Not a damned thing.
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the implication is 3M should be obligated to sell to the states before selling abroad. why should a multinational corporation play national favorites?
 
nota bene said:
If you have to ask, I'm wasting my time explaining. Of course, I don't believe for a minute that you're on the level here.
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explain. i would want to read your rationale
 
Atomic Kid said:
Oh, how cute! You still believe in the benevolence of big corporations. Bless your heart.
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I think your reading comprehension needs work. Where in my post did I claim any sort of 'believe benevolence of big corporations'?

Understanding motivations isn't the same as believing or supporting those motivations.

Here's 3M's latest posting in response: 3M outlines latest COVID-19 response | 3M News | United States

The long and the short of this posting, it really sounds like some sort of marketing or ad agency on a damage control mission wrote it for him. That doesn't discount that it may be truthful or accurate. It may, or may not be.

The fault here, primarily, lies with 3M's distributors which made those sales decisions, and less so, but not completely eliminating, 3M, as they could have, should have, made policy statements to their distributors what their sales priorities should be, i.e. domestic before export.

Regardless, the PR disaster that this represents is going to exact its punishment, fair enough, 3M screwed the pooch on this pretty badly. Not crying a single tear. Its called the free market. Screw up bad enough and you'll die, is typically how it goes in the free market anyway. Extremely rare that companies screw up bad enough and still survive, especially not without government life support.

And, yes, that means I have mixed feelings on the latest viral outbreak response bill that was just signed.
 
eohrnberger said:
The 3M CEO will be strong arming his distributors to stop this practice. 3M doesn't sell directly, only through their distributors. Their leverage would be to break their distribution contract with them, so they'll have to comply. The miss on 3M CEO's part is to not know this was happening, and not take action to prevent and / or stop it.



From a business risk evaluation (also part of the free market), 3M is under far greater risk now than it would have been had it made it clear to their distributors a 'domestic first' policy in sales.

They missed the boat, they didn't foresee this (they should have), they'll pay the price for it. That too is the free market in action.
Click to expand...

Don't kid yourself 3M bloody well knows where its masks are going. They know their market and they know their distributors. In fact, the American distributors who are selling the masks to customers overseas should be taken out behind the woodshed.

Profiteering must be stopped. It hasn't. Once again there is no national leadership. No, wait, as of this week, Jared is now in charge of the nation's COVID-19 response. That is exactly the person we have all been screaming for since day one. "Give us Jared! He's well qualified in government and his vast knowledge of crisis management and his deep background in medicine and specifically in epidemiology are precisely what this country needs. Give us Jared!" :eek:
 
vesper said:
I happen to catch that segment tonight. I have no doubt the CEO has already heard from the WH but it was just disheartening to hear that young man urgently seeking supplies to protect the EMS only to have 3M not put the American people first. The very people that CEO may have to rely on during a crisis evidently doesn't think enough to provide them with the needed supplies to keep them healthy so they can continue to do their jobs.



Today this pandemic hit real close to home. A woman in her 50's mother had surgery and was being moved into a facility to undergo rehabilitation. She and her husband along with her brother went upstate to get her moved in because it was too much for her elderly father to tend to alone. The brother came down with the virus and was hospitalized. Her parents also got the virus and were hospitalized a couple of days later. All three were on ventilators. The brother died first and then her parents died a couple days later within hours of one another. Now her husband is in ICU on a ventilator fighting for his life and she is quarantined to her home.

This stuff is lethal and the CEO needs a come to Jesus moment.
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why are their lives more important than the lives of those who need them in foreign countries
 
As they should. This is corporate greed at its worst. Wishing the shareholders and their families good health.
 
TheDoctorWasIn said:
Nope.

Trump just used DPA. The free market failed, so the government stepped in.
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OK. So this'll be how they are going to have to pay for their screw up. I hope that the administration makes 3M sell them at cost or below. Given the DPA, may very well be likely so. Dunno know yet. Pretty sure we'll find out later.

"The free market failed"

No, rather, one company failed. There's a large number of companies who are doing it 'right'. Condemning an entire economic system at once companies bad actions isn't really very accurate or representative, now is it?

I'll understand if you refuse to answer this question or dispute the question, but then, that'd be answering the question as well.
 
Risky Thicket said:
Don't kid yourself 3M bloody well knows where its masks are going. They know their market and they know their distributors. In fact, the American distributors who are selling the masks to customers overseas should be taken out behind the woodshed.
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I don't disagree in the slightest. 3M screwed the pooch, and there's always a cost with that. For 3M, from what has been posted, has just received their DPA. Frankly, as posted above, I think they should be forced to sell them at or below cost. It would serve them right.

Profiteering must be stopped. It hasn't. Once again there is no national leadership. No, wait, as of this week, Jared is now in charge of the nation's COVID-19 response. That is exactly the person we have all been screaming for since day one. "Give us Jared! He's well qualified in government and his vast knowledge of crisis management and his deep background in medicine and specifically in epidemiology are precisely what this country needs. Give us Jared!" :eek:
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Opinions would seem to differ. I haven't seen the federal government move this quickly in my entire lifetime. It was always too little and too late.

Geez. There's an entire team of doctors and infectious disease specialists on the task force. WTF ARE you talking about?
 
nota bene said:
Blame-gaming isn't helpful. But props for being consistent: Everything is Trump's fault.
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No, not everything is Trump's fault. But this? This definitely is his fault.

He should have used the DPA weeks ago to coordinate manufacturing and distribution of critical medical supplies.

Oh, and Trump had no problems using the DPA when hundreds of thousands of lives weren't on the line.
Defense Production Act Has Been Used Routinely, but Not With Coronavirus - The New York Times
 
Risky Thicket said:
Don't kid yourself 3M bloody well knows where its masks are going. They know their market and they know their distributors. In fact, the American distributors who are selling the masks to customers overseas should be taken out behind the woodshed.

Profiteering must be stopped. It hasn't. Once again there is no national leadership. No, wait, as of this week, Jared is now in charge of the nation's COVID-19 response. That is exactly the person we have all been screaming for since day one. "Give us Jared! He's well qualified in government and his vast knowledge of crisis management and his deep background in medicine and specifically in epidemiology are precisely what this country needs. Give us Jared!" :eek:
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when/how/why was the baton passed from VP pence to jared?
 
eohrnberger said:
OK. So this'll be how they are going to have to pay for their screw up. I hope that the administration makes 3M sell them at cost or below. Given the DPA, may very well be likely so. Dunno know yet. Pretty sure we'll find out later.

"The free market failed"

No, rather, one company failed. There's a large number of companies who are doing it 'right'. Condemning an entire economic system at once companies bad actions isn't really very accurate or representative, now is it?

I'll understand if you refuse to answer this question or dispute the question, but then, that'd be answering the question as well.
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that sounds like a term that begins with a "s" and ends with "ism"
look familiar:
... the means of production, distribution, and exchange should be owned or regulated by the government
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nota bene said:
Blame-gaming isn't helpful. But props for being consistent: Everything is Trump's fault.

How utterly pathetic. And look who's deflecting from the thread topic. :roll:
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pathetic eh? pathetic is chastising posters who hold trump accountable for his pathetic handling of his first crisis — pathetic are trump supporters who enable trump’s worst behaviors and actions/inactions as potus — pathetic is trump not giving a **** about the uninsured — pathetic is firing the captain —

and how pathetic are the 12 gop governors still not doing what the other 38 states are doing — as the moronic governors of GA and FL just woke up — pathetic are the non-stop lies from trump — the most pathetic I’ve seen is trump rewarding RED states over Blue states with PPEs — there are plenty more examples of trump’s pathetic persona just for this day alone —
 
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