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authoranoduck <9925396+anoduck@users.noreply.github.com>2024-11-07 03:14:11 -0500
committeranoduck <9925396+anoduck@users.noreply.github.com>2024-11-07 03:14:11 -0500
commitabc94618fc66de2502408e5b8dbf42b349985801 (patch)
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parent552923a0f06acfbd08a3e31b8469fd418494c322 (diff)
docs(content): :memo: Finished tyler relocation statement
Finished statement on the relocation of the tylers.
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---
-title: Stealing Equipment
-description: "How Lamar County's Chief obtained use of millions of dollar in equipment."
-date: null
+title: Chief's Role in Equipment theft
+description: How Lamar County's Chief obtained use of millions of dollar in equipment, without permission.
+date: 2024-11-06T21:37:46.313Z
type: default
categories: Post
tags: []
draft: true
thumbnail:
- url: ""
- author: ""
- authorURL: ""
- origin: ""
- originURL: ""
+ url: "https://res.cloudinary.com/solardump/image/upload/v1730930597/evidence/f5c660263b90c9.jpg"
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---
-According to a conversation we had with a former employee of the now defunct Helix group, Shane Tyler was in charge of the equipment yard. He was listed as an excavation contractor on the official company website. \ No newline at end of file
+### The fall of Helix Group
+
+The collapse of helix group was the result of a bad corporate culture, and poor management practices. It was a prime
+example of regardless of cashflow, a business cannot survive if it's expenses exceeds it's earnings. The greatest
+expense of any business is it's employees, but a close second is it's equipment. When employees possess disregard for
+the equipment owned by a business, then under normal circumstances, the business is destined to fail.
+
+### There is no such thing as "borrowing equipment" from a company, the financial reality.
+
+There is no such thing as borrowing equipment from a company, unless that company is a rental business, in which case
+you do not borrow, you pay to rent. Many of us are not aware of it and attempt to classify it under a different label,
+but using company owned equipment for personal use is a form of theft, even if you return it. This is because from the
+financial viewpoint, every time the equipment is used a portion of the equipment's value is consumed. This is due to
+the fact businesses have to account for the depreciation of tangible assets. Assets such as equipment possess a
+relatively high rate of depreciation, and the more expensive it is to replace the piece of equipment, the greater the
+cost of each portion of value consumed per use.
+
+So in reality, whenever an employee "borrows" a piece of company equipment for personal use, it costs the company money,
+and there is no way of getting around this fact. Although, often viewed as being akin to stealing time, it is the same
+as reaching into the proverbial till and pulling cash out, so it is a form of theft, and a strict interpretation of
+law would designate it as stealing the equipment. This is because what matters is not your intent to return it at a
+later point in time, what matters is taking the equipment and costing the company money for your personal use.
+
+Even if the employee has permission from the owners, it still costs the company money, and is more of a case of poor
+managerial skills on the owners part, than an excuse for unacceptable behavior. Some employers try to mitigate this by
+allowing employees to "rent" company equipment, but it never really works. There are other reasons, not even discussed
+here, as to why one should avoid justifying such behavior. These factors would include whether the employee has proper
+training to operate the equipment in question, who is going to pay for damages incurred by employees during the personal
+use, what happens if the equipment is stolen by a third party, and what if the employee injures themselves or another
+individual. Such occasions can be very tricky.
+
+It is not uncommon for insurance underwriters to contractually stipulate for company equipment to solely be used for
+company purposes, or for purposes of earning capital for the company. Violating this contractual obligation can cause
+insurance policies to be canceled, and can leave the company in a very vulnerable position.
+
+### Conversation
+
+According to a conversation had with a former employee of the now defunct construction contracting firm "Helix group",
+Shane Tyler was in charge of the equipment yard. This is in spite of being listed as an excavation contractor on the
+official company website. \ No newline at end of file