Showing posts with label job creators. Show all posts
Showing posts with label job creators. Show all posts

Wednesday, January 11, 2023

Workforce: The Dignity of Work

The Republicans are back at the only thing they care about; the Optics of Owning the Libs. To that effect the Republicans have renamed the Education & Labor House Committee the "Education & Workforce" 
"Labor” is an antiquated term that excludes individuals who contribute to the American workforce but aren’t classified as conventional employees. “Labor” also carries a negative connotation that ignores the dignity of work; the term is something out of a Marxist textbook that fails to capture the accomplishments of the full spectrum of the American workforce.

The Left prefers the term labor because it creates a sense of enmity between employees and employers which union bosses and left-wing activists seek to stoke for political gain. This word also fails to capture how deeply intertwined workers and job creators are in their contributions to our economy.

Watch out! When Republicans begin waxing poetic about the dignity of work what they are fondly recalling is Slavery.  The Republican Party is fully invested in destroying Unions, workplace safety, weekends, paid-sick leave, and every other 20th century progressive gain for workers in America. 

That means the Pleasure of Working For Us for Free style Labor, I mean, "Workforce".  But, while Republicans are masters at pounding home their propaganda (or pummeling perhaps) they are also lazy af and simply rely on the agitprop terms they've spent years repeating.  A Marxist Textbook!  Union Thugs!  "Job Creators"!  We haven't heard Republicans lavish praise on the Job Creators since they tried to claim President Obama's You Didn't Build That was an unprecedented scandal and the biggest affront to Capitalists since the abolition of slavery.

Because that's what Republicans yearn to bring back to the United States.  The Dignity of Work is a time when people worked themselves from childhood to an early grave and don't have free time to agitate for woke social justice.  Make America Great Again as it were, by shackling the American worker into perpetual corporate bondage and eternal wage slavery.

It should always be remembered Education & Labor Committee Chairwoman Virginia Foxx (R-NC), is a vile bigot and ghoul, who like all vicious old Republicans hates the LGBTQ community and is more than willing to gaslight and excuse the mistreatment and murder of minorities,
"I also would like to point out that there was a bill -- the hate crimes bill that's called the Matthew Shepard bill is named after a very unfortunate incident that happened where a young man was killed, but we know that that young man was killed in the commitment of a robbery. It wasn't because he was gay. This -- the bill was named for him, hate crimes bill was named for him, but it's really a hoax that that continues to be used as an excuse for passing these bills,"Virginia Foxx 2009.

Thursday, April 17, 2014

Republicans and Conservatives would prefer a Minimum Wage of $0/hr

It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased, Adam Smith, Wealth of Nations, Chapter V
The Republican Party, as part of their War on America, are tasked with bringing the Working Class to heel while grinding the historical anomaly of the American Middle Class into dust.

Everything else associated with the Republicans, from their embrace of Rampant Racism to Putin Love to outright lying about Obamacare, is a byproduct or tactic serving the Grand Design.

Hence, when a Republican is asked by an American about the Minimum Wage, the GOPers response should not be a surprise, of course he's against raising it.

Here's the latest from Florida where Republican Congressman Dennis Ross was asked,
Would you support the Obama act of raising the federal minimum wage? 
Congressman Ross - No. [...] I think it would do more harm to our economy than anything. You work at Arby’s, the cost of products, the cost of services are going to go up. [...] If we are going to make it a living wage, who’s going to pay for it? Who’s going to pay for it?  
During the give and take, Ross was then asked,
I want to know, would you take a walk in my shoes? Lay your tie and your suit down, just for a day, 24 hours, and take a walk in my shoes. The people that I work with, we’re keeping the economy floating and going in the cycle. But the people that hire, they’re just paying money, just throwing money. But I’m actually working every day. So why wouldn’t you support it?
Congressman Ross - Because it’s not right. Economically, it’s not right. It does more harm to our economy.
Republicans are elected and compensated handsomely to crush Labor, abolish Unions and destroy the Social Safety Net. When Ross says "it's not right economically" he means it's not right for Job Creators.

The "jobs" metric and Job Creator hosannas are a massively dishonest way of discussing the American Economy until one understands the Prism in which Republicans view the Economy and the American Worker. The American Worker is viewed as an unnecessarily expensive cost of business.

A Job Creator could have set aside $20 per hour in wages to hire workers. So, he could create 1 job at his company at $20/hr or 2 jobs at $10/hr. But, now imagine if he had the "freedom" to pay less than the minimum wage? Why he could create 5 blessed jobs at $4/hr! And he could create an Infinite number of jobs if he was able to pay $0/hr. The Ultimate Job Creator!

Of course, what I am describing is Slavery. But, that is precisely what the Republican Party has been tasked by their Plutocratic Overlords with recreating; the Ideal America, one with massive fortunes built upon thousands of years of free labor.
"We should look at the Chinese... Those people work hard. There aren't labor laws; There aren't minimum wages; They're working harder than we are..." - Eric Bolling, Faux News 04/15/14
When did Eric ever go to China? His career before Faux was spent on the NYSE gambling in commodities. Most likely, Bolling is recalling the Mitt Romney 47% Video in which Mitt with mirth  and joy recalls seeing a slave shop in China,
When I was back in my private equity days, we went to China to buy a factory there. It employed about 20,000 people. And they were almost all young women between the ages of about 18 and 22 or 23. They were saving for potentially becoming married.
And they work in these huge factories, they made various uh, small appliances. And uh, 
as we were walking through this facility, seeing them work, the number of hours theyworked per day, the pitance they earned, living in dormitories with uh, with little bathrooms at the end of maybe 10x10 room, rooms. And the rooms they have 12 girls per room. 
Three bunk beds on top of each other. You’ve seen, you’ve seen them? (Oh…yeah, yeah!) And, and, and around this factory was a fence, a huge fence with barbed wire and guard towers. And, and, we said gosh! I can’t believe that you, you know, keep these girls in! They said, no, no, no. This is to keep other people from coming in.
But, the desire to America into a Neo-Feudal Wage Slavery doesn't just exist amongst the Upper-Echelons of the Right-Wing, its' permeated all the way down to the dregs of Conservatism.

At the 2013 CPAC (Conservative Punk Ass Chickenhawks) a spokesman for the Frederick Douglass Republicans, K. Carl Smith, held a panel which allowed Right-Wingers to engage in their favorite pastime of bad faith denials of their rampant racism.

While Smith spoke, conservative Scott Terry, flanked by his compatriot Matthew Heimbach festooned in a Confederate-flag T-Shirt, rose to complain the Republican Party was alienating, "young Southern white males" and minorities were "systematically disenfranchising” him and whites. Smith tried to interject and when Smith spoke of Frederick Douglass forgiving his former slave masters Terry scoffed, "For giving him shelter? And food?"

Mighty Joe Biden's observation from the last Presidential election still holds true, the Republican Party's Grand Design is to "to put y'all back in chains."

Wednesday, April 16, 2014

Republicans War on Women is part of a Larger Whole

"I’m sorry, but to show the world how ruthless these people are, women needed to be the first ones shot." - Richard Mack, former Arizona Sheriff and Founder of the Domestic Terrorist Organization the Consititutional Sheriffs, bravely putting is women and children out in front of himself during the Nevada Right-Wing Uprising.
The All-Out Assault on Women by Right-Wingers is part of a larger whole; the Conservative effort to abolish a Government by the People and for the People. Republicans and Conservatives want a Government for the Plutocracy. As such, Republicans have declared War on 99% of Americans with the goal of creating a Neo-Feudal Nation, where the Right-Wing Values of Oppression, Intolerance and Adulation of the Rich are enshrined.

Republicans are in office to impoverish the 99%, ensure further Income Inequality, and transfer Wealth and Control of this Nation to the Rich.

The last month has seen a deluge of Republican efforts at keeping women second-class citizens. The amount of despicable crud emanating from Republicans is almost too much to recount. However, here are few highlights.

Phyliss Schflay has been fighting against women for 40 years. As a living fossil, her occasional Eagle Forum op-ed is picked up by Right-Wing sites. Schflay's latest is the ridiculous assertion that women should strive to earn less in order to attract a man who earns more.
Another fact is the influence of hypergamy, which means that women typically choose a mate (husband or boyfriend) who earns more than she does. Men don’t have the same preference for a higher-earning mate. 
While women prefer to HAVE a higher-earning partner, men generally prefer to BE the higher-earning partner in a relationship. This simple but profound difference between the sexes has powerful consequences for the so-called pay gap. 
Suppose the pay gap between men and women were magically eliminated. If that happened, simple arithmetic suggests that half of women would be unable to find what they regard as a suitable mate. 
Obviously, I’m not saying women won’t date or marry a lower-earning men, only that they probably prefer not to. If a higher-earning man is not available, many women are more likely not to marry at all. 
The best way to improve economic prospects for women is to improve job prospects for the men in their lives, even if that means increasing the so-called pay gap.
This is just stupid as well as being sexist. Perhaps, Phyliss enjoyed not working a regular job because the family she married into had money and she could focus on dominating Ronald Reagan, crushing the Women's Libber Movement and defeating the ERA but, my grandfather always told me it was just as easy to love a woman with money as it was a woman without.

Of course, an ideological generation of women have sprung up to plague us, cut from Schflay's Bosom.

Over at Faux Business, blondish Spokesmodel Melissa Francis told Alan Colmes and the other blondish Faux Spokesmodel that while the gender-wage gap doesn't exist, the gender wage gap was the reason more women kept their jobs during the Republican Recession,
I would also point out that men lost jobs at two and a half times the rate as women in this last recession. I know plenty of families where the man is now out of work and the woman is the one who's working full time. Probably because she makes a little less, so she was able to keep her job.
In the United States Senate, every Republican voted against the Paycheck Fairness Act defeating it's passage. But, one might note the Republicans are a minority in the US Senate holding just 44 seats out of 100. Fortunately, those 44 Republican Bureaucrats have long ago turned the US Congress into the Polish Sejm of the 18th century, where the objections of merely one Republican is enough to derail the legislative process.

Of course, debate is the natural enemy of Republicans because it forces them to actually say what they believe and what Republicans believe is American Workers should be earning less money with fewer benefits while receiving no assistance from Government.

However, should a Republican be forced to verbalize their odious principles it is especially, pleasing to Republicans and their Masters are when they trot out one of their Right-Wing Stepford Women to mouth their ideology.

CongressMAN Marsha Blackburn (caught by Steve M. over at No More Mister Nice Blog), took umbrage... UMBRAGE! I Say! with the idea of the Republican War on Women,
"I find this war on women rhetoric almost silly,” Congressman Blackburn insisted. “It is Republicans that have led the fight for women’s equality. Go back through history! And look at who was the first woman to vote, to get elected to office, to go to Congress, four out of five governors. We're all for Equal Pay!" 
Marsha, Marsha, Marsha then blamed Obamacare! Blackburn's silliness is part and parcel of the Republican belief in sympathetic magic, Saying So makes it So.

One of the ways Republicans claim to support women is by trotting out token women like Marsha Blackburn.

American Women are expected to see the "success" of a Blackburn, Sarah Palin, Michele Bachmann or any right-wing woman and experience vicarious feelings of accomplishment through these vessels.

Afterwards, the woman should subsume her desire to succeed and support the flabby, overweight, white male Republican Party

But, speaking of women Republican Governors and getting back to the Larger Whole, Governor Mary Fallin of Oklahoma signed a bill prohibiting cities in Oklahoma from raising the minimum wage or establishing paid vacation days or sick days. 

This shows, of course, how Republican love using the awesome power of government to crush women and the working class and puts paid to the lie that Republicans believe in small government or local control. 

Equal Pay for Equal Work should be a goal of everyone in this Nation, a Nation of supposed Equality under Law. But, the 1% don't want Equality they want Total Domination.

Keeping women's pay and benefits down is just a part of the larger whole. The Owners of the Republican Party have tasked them to crush the Working Class and eliminate the Middle Class. Thus every Republican will always vote against anything which aids women or the 99%.

The Capitalist Job Creators see the American Worker as an unnecessary expense. With the aid of Neoliberal Economics, Job Creators have off-shored jobs, insourced illegal immigrants, stolen pensions, lowered wages, slashed benefits, and rigged the tax code to undermine and crush Workers.

All of the blather is just window dressing, Job Creators would love to create jobs in the United States. It's just they want to create jobs which pay you a nickel an hour with no lunch or bathroom breaks and zero benefits. Those are the kind of jobs the Republicans can get behind.

Until then the Republican Assault on Women as a branch of the Republican War on 99% of America shall continue.

Tuesday, June 26, 2012

It goes beyond Mitt Romney outsourcing Americans Livelihood, Liberty and their Pursuit of Happiness

"I believe in an America where millions of Americans believe in an America that’s the America millions of Americans believe in. That’s the America I believe in." - Say Anything Mitt Romney
Mitt Romney's career as a "Job Creator" was one of destroying American jobs and liveliehoods in an effort to turn a fast buck for himself and his Vulture Capitalist buddies.

It's obvious "President" Romney will use the office to advance a Reverse Robin Hood agenda of Transferring Wealth to the 1% and of furthering Income Inequality in the Nation.

The John Roberts Supreme Court is firmly entrenched in defending and advancing the cause of Corporate Power. Combine a Romney Presidency with a Citizens United Court and America can be guaranteed to be back in control of those who it belongs to; it's owners.

But, the United States would not be in this situation of the terrain hadn't been prepared by years of shameless lies, despicable insults, and out-right sabotage designed to poison the minds of millions of Americans.

The Right-Wing Guardians of the Plutocracy and their Toxic Commentators have so befuddled and enraged the American people that they've successfully displaced Americans anger from Wall Street Thieves and murderous Billionaires onto Liberals and Government ineffectiveness and convinced large swaths any regulation and all taxes are theft and socialism and the government needs to be shrunk down and drowned in a bathtub.

But, thousands of hours of Sean Hannity calling President Obama a "crybaby" or Bigot Brent Bozell calling President Obama a "skinny, ghetto, crack-head" and Billions in campaign ads don't win elections on their own. For that the Republican Party has turned to 3 mechanisms to aid their Theft of Americans Birthright and Total Plutocratic Control of the 99%. Voting Fraud, Voter Suppression and a Propaganda Campaign from the dutiful servants of the Rich.
“Voter ID, which is gonna allow Governor Romney to win the state of Pennsylvania, done.” Republican Mike Turzai, Pennslyvannia House Majority Leader.
The American Spectactor, best known for it's agent provocateurs leading the charge at the Smithsonian Air and Space Museum produced a video calling President Obama "The Most Uppity N-Slur in the World" and then decided to look up for a word which meant Uppity but which they could use.

While the actors change, it used to be Jimmy Carter, Bill and Hillary Clinton, today it's Harry Reid, Nancy Pelosi and President Obama, the play remains the same. The idea, the play, is to displace the anger which should be focused at American Vulture Capitalist Corporate Hegemony and their Hatchet Men, like Mitt Romney, and focus it on the everything which stands in the way of the Rich stealing the Wealth of Nations.

The question is will the lies, slurs and sabotage be enough to elevate Mitt Romney to Out-Sourcer in Chief? Will enough Americans vote to give away the Freedoms of their Fathers and surrender their Life, Liberty and the Pursuit of Happiness?

Friday, June 1, 2012

Ann and Mitt Romney (R-Money) and the joys of "Not Working"

Rather than talk about his plans, or his disasterous record as Governor of Massachusetts or his days eliminating Americans jobs as a Wage Slave Trader for Bain Capital, Mitt Romney campaign is built upon the foundation of Obama isn't Working.

Now, for the $990 Dollar shirt-wearing Ann Romney, Not Working is her choice and a state of mind. But, for poor women Luxuriate Ann Romney holds,
"I love the fact that there are women out there who don’t have a choice and they must go to work and they still have to raise the kids."
Wage Slave Trader Mitt R-Money was only too gleeful to talk about Americans being unemployed. When Americans lose their jobs, it makes Mitt happy! Mainly because it makes Mitt money. This is why Mitt is happy about the May 2012 unemployment figures. The more Americans suffer the more money Mitt Romney makes.

There's something especially pernicious in the way Mitt and Ann talk about Americans losing jobs, getting fired by Mitt or having to work hard harder than the Gilded Romney's.

But, getting back to the Obama isn't Working campaign slogan, I don't believe Mitt Romney is a racist, but to what base instincts of the right-wing voter is this phrase designed to appeal?

Obama isn't working? It seems to be a clear dog-whistle. It seems the reason the right-wing universe is constantly hammering away at President Obama with the idea that he's always on vacation, that he's playing golf or basketball (including the evil right-wing idea that President Obama was golfing when the Kill Bin Laden mission was occurring and had to be photo-shopped into the Situation Room image), is to cultivate the idea that Barack Obama is a lazy...

Even though, as of August 2011, President Obama had taken 61 vacation days while at similar points in their presidencies, George W. Bush had spent 180 days at his ranch and Ronald Reagan had taken 112 vacation days at his ranch. Currently, President Obama has taken half the time off that George W. Bush did.

But, this is just window dressing, the slimy tactics, underpinning the Republican Plan to capturing the White House. The real issue is the Richest people in America are not satisified with President Obama. The Wealth of the Nation is not trickling up to them fast enough. President Obama's stance on making millionaires and billionaires actually pay taxes instead of getting away with paying nothing has angered the Plutocratic Elites. The Koch Brothers are committed to spending $400 Million Dollars buying the Presidency for Mitt.

And Mitt Romney has made it no secret to his Billionaire Brethren that he will remove their onerous 13% tax burden while shifting the entire burden of the Federal Government onto the bowed backs of Middle Class and Poor, they are willing to spend $1,000,000,000 Dollars, to get him elected.

Monday, January 16, 2012

The Rich Rule so to be Poor is to be an Unperson


Seeking to cement his Title as President of the Plutocrats Mitt Romney related some of his favorite childhood stories, 'Once daddy told me To Be Rich is To Rule so in order to be as Rich as possible I began a career as a 'Job Cremator' because I like to able Fire, on a whim, the scared miserable plebeians who service me at my lesiure.'

The American Capitalist System is designed to impoverish a vast majority of Americans and enrich a very small few.

And still even so-called left-wing Media Villagers talk of Austerity programs for the Poor and Tax subsidies and bailouts for the Wealthy,
"This is just one piece, getting the money out of politics, the first step. But ultimately what's going to have to happen, and this is my little drumbeat, is that the American people are going to have to let members of congress go to Washington to make the tough decisions. To make the hard calls that are really going to be uncomfortable, maybe even painful," Jonathan Capehart.
Don't expect your Social Security funds to be there people, the 1% want it! You may find it uncomfortable. BUT, THE RICH! WANT! THAT! FUCKING! MONEY!

Medicare and Medicaid? Yeah, those are going away, too. Don't worry the amply rewarded Congress will still have programs they call Medicare it just won't help provide you with Medical Care.

Why would the 1% want programs which they have no need of? The 1% wants No Regulation and is involved in the Greatest Con Game in history, The American Capitalist Model, a system which privitazes profits and socializes losses. Everything else done by the Government is a effrontery.
"Because the education is a government function. Part of it is frankly because we have lousy teachers. Part of the reason we have lousy teachers is we have teachers union that say won't deal with those issues. So there are lots of reasons why education is not being properly handled in this country. But to me if I could think of one thing that would change it, it would be to change our system of education and make sure that our children were properly educated." - Mort Zuckerman,
No, Mort, you are incorrect. "Greedy teachers" are not to blame. They did not create Too-Big-To-Fail and the Military-Industrial-Complex. But, Zuckerman is a Billionaire (147th Richest) so of course he has nothing but animus towards Teachers as they do not properly instruct Americans to genuflect to him and the 1%.

And even if you had a scintillia of hope from your Congress member they're going to be kept in the dark.
On Thursday, the Fed released transcripts of its meetings in 2006, offering a new window into what was on the minds of some of the nation’s top economic and financial thinkers just ahead of the financial crisis and subsequent great recession. The transcripts, which are customarily released after five years, show that Fed leaders, armed with the best economic data available, had little idea of what was looming less than two years off.

Greenspan has acknowledged in recent years that he was “partially” wrong for allowing banks to operate without enough regulation.
The 1% are not content with making profits while paying for expenses like infrastructure or worker pensions. They've been getting their marionettes in Government to funnel them taxpayer dollars to cover the costs of their gambling. All the Corporations and Media talkers who intone the "Free Market" as a mantra actually want Government to cover their costs and provide them welfare.

And the 1% have enough right-wing rubes duped into carrying their banner of Corporate Corruption. Listen to every Tea Party demand, Regulation stifles Job Creation! The Free Market is best instrument for Capitalism! Privatize! Eliminate Capital Gains Taxes! Lower Taxes on Corporations!, they sound as if they were crafted in the criminal boardroom of Goldman Sachs and BP.

I would say all of the policies of Piss Down Your Back and Tell You It's Raining Economicshave failed, except they have not. They have succeeded brilliantly, as they were designed to, in transfer the bulk of the Wealth of Nations upward to the 1%. Since the advent of a Government which responded and aided the 99%, the 1% have been scheming for a Neo-Feudalist Revival.

And on cue, Republicans have explicitly demanded a Return to Feudalism.
New Hampshire House Bill 1580 is the product of a brainstorming session this summer between three freshman House Republicans: Bob Kingsbury of Laconia, Tim Twombly of Nashua and Lucien Vita of Middleton. "All members of the general court proposing bills and resolutions addressing individual rights or liberties shall include a direct quote from the Magna Carta which sets forth the article from which the individual right or liberty is derived."
It's all the part of the Con. It's not just the system of Debt, the Wage Slavery, or the billions-per-second trades by thousands of interconnected servers located physically next to Wall Street to gain that pico-second needed to rig the Stock Market. It's the fact that the Plutocracy has nothing in common and sees no reason to be part of the America populated by the 99%.

Tuesday, December 27, 2011

CME Group just swindled Illinois Taxpayers

"Why don't you accept your fate? You will return to your chair and you will sit there. You will entertain me and you will entertain my guests. And if you do not, I will simply kill somebody else. Him, perhaps. It doesn't matter." - Kivas Fajo, Star Trek: TNG, The Most Toys. Fajo explains the modern American Capitalist system and the threats the 1% use to control the Nation.
CME Group just robbed the people of Illinois for hundreds of millions and now they are going to transfer the extorted money to cover their losses from other areas of their corporate monstrosity. When faced with their own gross negligence, budgetary shenanigans, accounting fraud and malfeasance CME Group made the simple move of transferring one column of numbers to another column.
MF Global Holdings Ltd. filed for bankruptcy on October 31 after it was forced to reveal that it had made a failed $6.3 billion bet on European sovereign debt.

MF Global used at least $700 million of customer funds to “meet liquidity issues” in the days prior to its bankruptcy, according to CME Group Inc., which had auditing authority over the failed futures broker.

CME Group chief operating officer Bryan Durkin told a packed meeting of the National Grain and Feed Association this month, echoing earlier testimony by CME executives to Congress, that MF Global was the culprit, not CME's clearing house.
In a real Capitalist system, CME Group would go bankrupt for their shoddy accounting and managerial techniques but in the American Neo-Feudalist System, CME Group just threatens Governor Quinn and uses the power of the Government to take Millions from the Taxpayer to cover their losses due to criminal malfeasance or outright stupidity.
CME won a tax break from the state, which had hiked the corporate tax rate in January in an effort to plug a budget shortfall.

The legislation, signed by Illinois Governor Pat Quinn on Friday December 16, will reduce CME's tax bill compared to what it was before the tax hike, shaving off about $77 million annually when it takes full effect in 2014.
I'm sure innocent investors lost fortunes by being involved with MF Global and CME Group but when an Illinois resident is taken by a Nigeria Lottery Email Scam they can't go to Governor Quinn and demand, 'Unless you cover my losses I'll leave the State' and be given taxpayer money.

This is how these 'Job Creators' cover their losses. CME Group and other financial behemoths don't create anything and have been engaged in a byzantine system of legerdemain and gambling wholly disconnected from labor and adding nothing to the economy.

And then when the bills come due these High Rollers simply march into the State Capital Building and demand the money from the Government. They don't come "hat-in-hand" but come armed with the smug superiority of being the Economic Elites, of being the financial gurus, the Wizards of Wall Street and demand their losses be covered or they will simply destroy more.

Saturday, December 17, 2011

Brother, Can You Spare $10,000?

A Backup Yacht in Every Mansion A Proposed Campaign Slogan for Mitt Romney, created by Jerry Critter.
Lost among Mitt Romney's I'll bet you $10,000 dollars flub is the question; why is Romney even trying to run as a man-of-the-people? It makes no sense. Everyone knows he's a 1%er, is -- ahem, "worth" Hundreds of Millions of dollars, with multiple palatial mansions and is the son of wealthy politician. No one believes his "I'm unemployed, too" or "middle class people, like us" shtick. And besides Romney hasn't even been able to maintain his guise as a "Regular Joe". Half the time he's campaigning Romney touts his 'Job Creator' Class status.

You know Romney's business chops he likes to tout as qualifications for the White House? His work at Bain Capital, a private equity firm, Romney made millions on buying American companies and then selling off the assets, closing manufacturing plants and eliminating American Jobs. Take the Bain Capital acquisition of American Pad and Paper.
In all, Bain and its investors reaped more than $100 million even though Ampad went into bankruptcy, hundreds of workers lost jobs, and stockholders were left with worthless shares.
More recently, in Romney's magnificent Op-Ed Let Detroit Go Bankrupt, he wistfully longed for Americans to lose their jobs, blamed the UAW for the crisis and demanded Americans die quickly once they're done working to keep costs down:
First, their huge disadvantage in costs relative to foreign brands must be eliminated. That means new labor agreements to align pay and benefits to match those of workers at competitors like BMW, Honda, Nissan and Toyota. Furthermore, retiree benefits must be reduced.
Maybe because Mitt Romney has never known a day in his life when he didn't have access to money he's able to make these myopic and callous statements. Although Mitt does like to relate the hardships he endured in the late 1960's overseas. Oh no, I apologize for the confusion Romney never served in Vietnam! No, Mitt suffered and did without while on a 30 month mission in France.

Perhaps, in Romney's defense, when he was filling out his missionary card someone mistook his entry of "French-Indochina" for "France"?

So, how was Mitt Romney was living while busily avoiding Vietnam? The British paper Telegraph is reporting that in 1968 when Mitt was in France he lived in a staffed Mansion. Mitt no doubt commiserated with the Spanish chef and "houseboy" over his morning cheese, jam and croissant about missing coffee just like those Americans on patrol in rice paddies.

Mitt then spent the rest of his time trying to convince the French to give up Wine.

Related:
Uncle Mitty and Blood in the Water [Disaffected]
The GOP Sure is Queer -- And not only in the Good Sense of the Word [DownWithTyranny!]

Thursday, August 18, 2011

Consumer Spending < The Plutonomy

I wish it would work... You can't expect to compete with that. Every day we get weaker while they get stronger. It's finished. I'm sorry. Mad Max 2: The Road Warrior
CBS Evening News had a story on the continued decline in consumer spending, in which, Scott Pelley said something shocking! That because of the lower consumer spending the economy is not turning around and we face another recession. Now how can this be? Everyone knows that Tax Cuts for The ***Job*** ***Creators*** and a strict Austerity Deficit Reduction stimulate the economy!

Here's the biggest economic disconnect facing Teabaggers and conservatives; If Job Creators and Tax Cuts are really the driving engine of the economy why has the last ten years been such a miserable downward spiral?

Why does the decrease
in consumer spending worry Wal-Mart's CEO Mike Duke?
"Purchases are really dropping off by the end of the month even more than last year," Duke said. "This end-of-month [purchases] cycle is growing to be a concern."
But, he's a Job Creator! Tax Cuts for Wal-Mart's founding family him grow the economy!

Remember We were assured that just another round of the Bush/Obama Tax Cuts for the Wealthy, just another round of reduced benefits, just another round of cuts to Medicaid, just another round of bailouts to Wall Street and viola We would have prosperity.

Well, it didn't happen, prosperity did not trickle down to us. But, what did happen was Hedge Fund Managers made Billions and Wall Street paid out millions of Tax Payer dollars to gamblers. According to the Federal Reserve, the top 1% now owns more than half the nation's stocks and controls more than $16 trillion in wealth — more than the bottom 90%.

How can this be? The consumption of goods and services by Middle and Working class America is what drives the economy. Transferring wealth to The Rich, The Plutocrats, The Moneyed Masters does not.

Well, the goal has never been to have a prosperous America with a thriving middle class, or a healthy working class inculcating their children with the American ideal of a meritocracy based on talent, education and hard work but to create the Plutonomy.

What has been placed in motion is a plan to concentrate wealth and power amongst the Richest and they have already won. Back in 2006 Too-Big-Too-Fail Citigroup crafted internal documents detailing that The United States (along with Canada, the UK and Australia) had become Plutonomies, with income disparity and wealth concentration worse than at anytime in US history. And they don't care. Because being too big too fail means they have a built in trump card They get to Socialize their Losses and Privatize their Profits.

And afterwards they can go back to their Political Hitmen and instruct them to remove every other minor obstacle; to destroy Unions, eliminate the EPA and OSHA, strike from law environmental regulations, slash meager benefits for the poor and swipe the Social Security fund for their use, anything which stands in the way of their total control.