Archive for February, 2010


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From 30 to 1 to 5k to 1

There was a time not too long ago that for every $1.00 an employee made the CEO made $30.00 per hour; that’s 30 to 1. Since the Regan theft of workers pay began that number has exploded up to $5,000 to $1 such as in the financial industry, oil companies and so called health care companies. Now that doesn’t mean all CEOs are at that level but surely all CEOs in big corporations have gone way past what is a moral pay standard while baring the average worker from his rightful due. What is a rightful due? It’s the cost of living of course, but it’s even more than that. The rightful due is not only the cost or living (COLA) but a wage worth living for.

Labor is not the main reason manufacturing leaves the country. Some reasons are the companies don’t have to pay the costs of pollution, education, health care, pensions and all those civilized costs add to that currency valuation, etc. Labor costs are way down the list of desires for the companies.

Note from the Stimulus

Goldman Sachs gave 16.7 billion in bonuses to employees. 2 billion for a high school and Chinese embassy in the U.S. 22% increase for Chinas overseas projects this year most of the money used for these projects comes from the stimu-less.

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The U.S. Better Wise Up or it won’t Survive

When economists tell us the recovery is here they’re lying. Quadrillions of derivatives are still out there sinking the world economy and the global equity market (by, by Dubai). Jobs continue to vanish, foreclosures are still at an all time high, and businesses are still going bankrupt. Meanwhile banksters’ bonuses are beyond the moon and do nothing for Main Street.

From 1820 to 1973 wages increased every 10 years. From 1973 to the present there has been no increase in wages and stagnant wages have spawned enormous credit card debt in order to keep up with rising inflation.

With that in mind let’s bullet point some of the reasons how the country has come to this disaster.

  • Banks Own Congress – Sen. Dick Durban
  • Regan’s trickle down.
  • Deregulation
  • Destroy the private sector unions that have built the middle class.
  • Replacement workers during a strike.
  • Globalization
  • Lack of job protection.
  • Elimination of tariffs.
  • 1973 Arab oil crisis. Starting the middle class wealth shift to the Middle East.
  • 1979 Airline Deregulation Act started wage slavery where full service airline employees had to equal their wages with the wages of slave cattle car, non union employees at non full service so called airlines.
  • Repealing the Glass Steagall Act.
  • Implementation of the Von Hayek, Milton Freedman philosophy pertaining to the economy as the middle class pays for the failure.
  • A program where the rich communize the costs and privatize the profits.

THE RESULTS

  • Stagnate wages
  • Job loss
  • Shift from good COLA paychecks that provided cash to debt.
  • High unemployment – default rate on credit cards now exceeds unemployment rate.
  • Short term high interest loans.
  • Huge usury fines and fees through credit and debit cards.
  • Usury
  • High property taxes.
  • Massive foreclosures.
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Public Sector Unions, Taxes and Politicians

There is an immoral and incestuous relationship between Public Sector Unions and politicians. As private sector union membership has fallen drastically public sector unions have grown dramatically; yet the two are not to be compared. Private sector unions have an adversarial relationship with management. Public sector unions have a collusive relationship with management.

The public sector union system is collusive in nature that is two parties are involved in secret cooperation to do something underhanded. In the case of public sector unions they live in a system that is immoral, underhanded and downright thievery.  They strive to elect their management (politicians) who extract money from taxpayers to increase these unions’ wages, benefits and large pensions.

Public sector unions are self perpetuating; because there is no opposing side or braking system they become a beast that grows out of everyone’s control raising labor costs to unreasonable and unsustainable levels. The self perpetuating system works like this. Money is extracted form taxpayers and given to the unions in overpaid wages, benefits and large pensions then the unions give a portion of that money like a conveyer belt to the Democratic Party mafia style. Democratic politicians are elected. The democratic politician then taxes the hard working people to death and gives more money to the public sector unions to start another cycle.

Let me illustrate. In 2008 these unions gave the Democratic Party 400 million dollars of our money for that years’ campaign cycle. The median family income the U.S. is $47,000. In Joliet Illinois the average city employee receives $83,500.00 add the guaranteed pension and the taxpayers bill is raised to $125,000 per year. People cannot afford to pay wage levels that are twice as much as they make through taxes. That is why people and businesses are leaving Illinois and are going to other states that have compassion for their taxpayers and a realistic outlook.

When the public sector union puts money in the hands of a person then hires that same person to become the boss that boss is beholden to the union for the financial support given to him. 400 million covers a lot of bosses. Now the politician boss has an endless supply of money that he will and does extort from the taxpayers, so property taxes, etc. go through the roof; that’s called collusion, add to that all the foreclosures and population reduction from fleeing working people these parasites then set taxes even higher to make up the lost revenue on the back of a person making 44 to 47k per year.

When finally asked to lower the property tax and other tax burdens the bureaucrat always goes to the same old spiel; you want schools police and a fire department don’t you? Well my answer to that is other states have schools, police and fire departments with much, much lower taxes so I’m leaving. Unlike Illinois Texas, Mississippi, etc. have integrity and exercise fiscal responsibility result; taxes are so much lower.

The dynamic has to change. This outrageous corruption must be eliminated. One answer is public sector unions should be barred from any contributions to any public sector employee, candidate, campaign, party, foundation, etc. Tie public sector wages to the average private sector wage including pensions. Eliminate double dipping that is all employees and politicians cannot have more than one pension and that pension is tied to the lowest paying job the public employee has held in the last 25 years union or not. Public employees (such as school superintendents) cannot raise their salaries in their last year before retirement in order to raise their pension and no pension or benefit is guaranteed.

These suggestions are probably not the total answer but instituting them is a solid start. Enough is enough and we’re way past enough.

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Gee Look What’s Missing in Haiti

Other than the fact that the U.S. has retaken Haiti again and leaving aside the fact that we have the technology to create such earthquakes as well, then with all the appeals for money what is missing?

What is missing are all the million dollar gifts from the rich such as the TARP banksters, Federal Reserve banksters who are billionaires plus all those in the so called financial services industry and let us not forget Wall Street. You know who they are the billion dollar bonus babies.

When the rich loose one dime much less billions they are the first with both hands in the public trough pontificating about our responsibility to bail them out with no one being fired or taking blame for their shame. Now with their coffers full how glaringly quiet they are, how invisible they are when it comes to their contributions.

Imagine how much money can be generated if rich money mongers and those in Hollywood both in front and behind the camera would contribute only 1 million dollars each, John Travolta not withstanding. How much pressure would be taken off the public treasury if these blessed did their share?

Where are all those that constantly appeal for us to send money now? Money talks and hearing nothing but silence from the rich is most revealing. Let the greedy stay silent and be revealed.

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Some Thoughts on the Obama-care Bill

Some people mainly those on the left do not understand why there is so much opposition to the present health care bill. Well I thought I would present just a couple of reasons here. I too feel we need a single payer bill and except for unnecessary cosmetic surgeries there should be no insurance companies. The bill however has nothing to do with health care and everything to do with tyranny, control and the elimination of the Bill of Rights; that’s Rights not privileges.

Ben Nelson Dem. representing Nebraska managed to get into the Obama-care bill that the citizens of Nebraska do not have to pay any increase in Medicare costs forever! This is at least a 4 hundred billion dollar giveaway to Nebraska which has 1.5 million people that’s smaller than many major cities. The Chicago area has over 5 million people. Where was Ill Sen. Dick “the dirtbag” Durban? Or California Senators Barbara Boxer and Diane Feinstein stepping up to get the same deal?

The bill also attacks freedom of choice by forcing everyone to buy insurance or face fine or imprisonment. Doesn’t that violate the equal protection clause of the 9th amendment? I don’t read anywhere in the Constitution that the Federal Government has the authority to force the people to buy a product from a private company.

To protect the cosmetic surgery industry the congress nailed the tanning industry with a 10% tax. The tanning industry provides people with vitamin D most especially in the Northern climates during the fall and winter months. Vitamin D protects against rickets, and provides essential T cell commanders to the bloods immune system. Vitamin D protects and destroys flu including swine.

To all those in the alternative health industry who sold their soul to Obama you will be increasingly driven out of business through such regulations. You will be crushed by the fascist boot of Obama’s administration under the direction of big Parma and watch especially your liberal congressmen go happily along with it. This is only the beginning of what this fraud in the White House has in store for you. Wait until other time bombs are found in the so called health care bill.

This has all been planned for a long time. You on the liberal left, the new age community and the alternative health care community will be regulated into oblivion; and you can take that to a bailed out Obama bank. Your state of denial will not save you; indeed it is what they count on.

It’s not what Obama has said it’s what he hasn’t said. Not a word about the UN Codex Alimentarius and how that will abolish your Right to healthy supplements for you body. The alternative health care industry is slated to be destroyed by the strychnine of fatal legislation.

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A Rogues Gallery

One could say the transfer of jobs and industry started with President Eisenhower giving our watch industry to the Japanese. Then came Lyndon Johnson with his maquiladora (A maquila program entitles the company, first, to foreign investment participation in the capital — and in management — of up to 100% without need of any special authorization(congressional law); second, it entitles the company to special customs treatment(constitutional border elimination), allowing duty free temporary import of machinery, equipment, parts and materials, and administrative equipment such as computers, and communications devices, subject only to posting a bond guaranteeing that such goods will not remain in Mexico permanently.) set along the Mexican border for the purpose of eliminating American jobs. Maquiladora is a 60 mile swath along the Mexican border that allowed American companies to avoid all trade law within that 60mi. belt. It is said the average life span of a Mexican worker in the maquiladora factories was 25 years old because by that ripe old age the lungs were burned out. It was common that many children of these women were born without a brain. Well that at least qualifies many of them to be American politicians.

Next was Richard Nixon. Oh yes this was the guy that opened up China and took us off the gold standard. How’s that working for you?

Then came Jimmy “the butcher” Carter. He is called the butcher because of his incessant lobbing for airline deregulation. This is the policy that cut to pieces thousands of working families’ incomes, the policy that set the standard for other companies to follow. After airline deregulation we would even hear almost every company and business use airline terminology such as adjustments, downsizing, and some restrictions apply, etc. Carter didn’t get the chance to sign deregulation he was voted out, but he did his dastardly work so well that by the time Regan stepped into the oval office the bill was sitting on his desk waiting to be signed so to speak. Yes it was in the last two years of his administration that Jimmy Carter went insane. It was Jimmy Carter that started to dismantle our middle class with his airline deregulation.

Next was Ronald “the great communicator” Regan. The only thing he communicated to the middle class was that to bring down Carter’s 20% inflation was to freeze the wages of the working folks, and it worked. By eliminating the COLA prices stabilized but at great cost. This began the process of the middle class eating it’s seed corn, as the government used the national credit card to make the economy (Regan’s morning in America) look good, the great illusion had begun.

Enter George “new world order” Bush Sr. I could write much about this one but for the purpose of this article the reason one voted for Clinton was to stop daddy Bush’s NAFTA.

So we got Bill “slick Willie” Clinton and what did he do? He signed NAFTA and worked with Republicans to eliminate the protections FDR gave the middle class against the high finance banksters. To stop the blood bath genocide against Christian families such as Ruby Ridge & Waco being prosecuted by Janet “the shaky lesbian sasquatch” Reno and the gun control maniacs we voted George W. Bush in. We were hopeful this vote would stop the U.S. being turned into a police state.

Bush Jr. took the Presidency and what happened? The Patriot Act happened. The real patriots have been fighting it and patriot II ever since. Like airline deregulation and its twin brother Globalism grew into monsters eating out the substance of the nation transferring the wealth of the middle class into the hands of the few moving the society into two classes’ rich and working poor. This hydra is controlled by the international bankers through the minions on Wall St. With the laws eliminated and changed to allow criminal finance and gangster capitalism to pose as legitimate the economy was transformed into a bankers economy.

Enter Barack “the messiah” Obama with his gang of finance industry loser retreads. The criminals of this conspiracy that is waging unrelenting war against the middle class by transferring the wealth of this country to foreign nations and criminal elite are now in charge. So far Obama is employing the same doctrine of war against the middle class his predecessors had. Now that’s change you can believe in.

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2010 According to George Ure

George Ure is a professional consultant who is known for turning companies around, his site is www.urbansurvival.com

  1. Food shortages.
  2. Inflation 4.5 cents is now what the dollar is worth down from 100 cents in 1913.
  3. The experts will not predict more than 3 years out. Usually it’s 5 or more yrs. out.
  4. If you are a developer find another career for the next 3 to 5 years.
  5. Recovery will be slow, look to 2014 the earliest.
  6. Wages will go down. Crime will increase. The only way to make it will be to have a business of your own, most likely a service.
  7. Real estate values are down 40% generally. Asset values will have to be reset. Rating agencies will have to start telling the truth as in operating differently.
  8. The real estate glut will continue. In southern California many lots are worthless. Excess inventory of vacant houses and land not counting the majority of upside down mortgages.
  9. This is unlike any recession of the past because we’re not making anything anymore.
  10. The U.S. is not the leader to bring the world out of this.
  11. Easily for the next 5 to 10 years real estate will go back to being an investment and not a trading vehicle.
  12. Financing will be long term debt in real estate.
  13. The internet is causing job competition in wages to go worldwide meaning wages in America will continue to erode using airline deregulation as the model. Italic my addition.
  14. China and India are hungry and energetic to enjoy the good life. By comparison U.S. children feel entitled and are poorly educated.
  15. Those in America who built business in the past were3 very hungry. Today there are few like us left. Kids with Masters Degrees still dictate their terms to prospective employers on applications.
  16. Corporations are sitting on record cash balances but it’s no good because there’s nothing to buy.
  17. The refinance problem is being pushed out to 2013 to 2015, so the massive foreclosures will not happen now.
  18. Wat5ch the sow transport index to go down while the Chinese are building their infrastructure. They are spending 4 billion dollars on 250mph trains and terminals while we spend all our money on paying off gangster bankers, killing people, while China builds 40 plus more train lines, terminals, track and trainssupporting a growing middle class. Italics mine.
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I too have a Law I want to break

From 1916 to 1966 we had a tax of ½% on all Wall Street transactions; the tax did much to fund the country’s programs and agencies. U.S. Senators John McCain, an Arizona Republican, and Maria Cantwell, a Washington Democrat, have proposed legislation to reinstate the Glass-Steagall Act. This would put a separation wall between safe commercial banks and casino investment banks.

Where is the supposed Obama courage leading the charge for this act? Is it because he is a controlled meat puppet of Tim Geithner, Larry Summers and those who created the biggest theft and destruction of economy in human history? When you sleep with dogs you get up with fleas.

Illinois the state of corruption.

Illinois spends a documented 4 billion per year for illegal aliens including medical care. Why not give them medical care then deport them. Isn’t that better than loyal, non criminal Americans loosing their homes because of the usurped property tax?

Mayor Daley has declared Chicago a “sanctuary” city. Sanctuary from what? Answer, the law. When I was small the cowboy movies called sanctuary the hideout and the hideout was where the bad guys hid from the marshal. Some things never change. Well since illegal aliens can pick a law they don’t have to obey and are given “sanctuary” to break at the expense of taxpayers, I have a law I want to break with full sanctuary from the Daley democratic machine. My law of choice to break is to be able to walk into any bank and make withdrawals in whatever amount and whenever I want. Since illegals don’t pay taxes I can’t say it’s taxation with representation but it’s close enough when you consider such a deal.

Illinois also has bureaucrats and elected politicians that are double dippers that is they work a job then quit then get another job at state expense then have two or more lavish pensions. How much would the property tax go down if that was illegal?

Kids of illegal aliens are using our schools hiking the property tax.

Illinois has one of the best rehab institutes in the country. Mexican illegal aliens come by the truckload directly from Mexico to the institute knowing they can freeload thereby putting the rehab institute on a course to liquidation.

If laws are supposed to serve the people we must ask the question which people?

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Manufacture or Die

Programs like cash for clunkers and extending a break for all who want to buy a house, really what do they do? They make the economic figures for the quarter look good; it’s really an extension of a stimulus but there is no depth just more Wall Street nonsense. The market at this writing is up. Do you feel any richer?

Yet while Obama throws bones the average American continues down the path of what airline deregulation has done to employees since the act was passed in 1979 that is their wages are going down. All over the country wages are declining while taxes are climbing wages are declining. Productivity is at an all time high because people are working longer and harder like hamsters on a wheel.  I have a friend that works 10-12 hours a day plus weekends yet makes no more money because that is what comes from the policies of deregulation and a lack of protection. I see places where one person does the work of 3 or 4 yet the wealth of the nation does not increase. Our standard of living is going down while the cost of living is going up.

We gave AIG 7 trillion. If instead we gave the states that 7 trillion there would be no crisis because that is the amount of their debt problems. Your government is allowing foreign companies to build solar energy plants here. The Chinese are importing huge turbines for a wind farm in Texas. Get green? Get lost!

I’ve said it hundreds of times we have got to bring back manufacturing in the United States. We have got to start manufacturing again. Tell China and Mexico and everyone else keep all of our plants and all that you have thank you, but from now on we will be making it here with our people and all imports will have an import tax imposed. This will allow us to pay back what we “allegedly” owe China.

We don’t protect our domestic industries. All the manufacturing countries of the world protect their domestic industry, that’s why we are falling behind. In the 1980’s and 90’s the mantra from the media was protection and protectionism are dirty words. How I was banging the drum in those days warning of the only outcome this failure of a trade policy would lead to. Our failure to have a rational trade policy is leading this country to ruin destroying hundreds of thousands of people and families as well. Even those as disparate as Pat Buchanan and Dennis Kucinich and Sen. Bernie Sanders get it.

No matter how good the Obama administration and democrats make this economy look by carrying on with the same lies and denial of basic realities they’ve been selling us since Regan; with such a policy we as a nation and a culture will be destroyed. As seen in all of human history including pre-history for that matter. Manufacture or die.

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The Problem With Free Trade

The problem with the so called free market is that what you become stuck with is democracy of the few that have financial power to ruin and prevent the many from getting ahead. As this failed policy continues to suck out the life and eat the substance of the people the people are waking up and a political revolution is beginning. The difference between just being mad and a revolution is that in a revolution people had educated themselves to their real enemies who are prosecuting real and permanent destruction on their lives. The real change will be judged by results not party affiliation.

What is still to come is more of what has been. Because of the failed policies of deregulation and what that causes is the imbedded inflation of fiat paper forcing higher costs that labor must endure (as with the airlines) must be worked through. What that means for the middle class is what legacy airline ramp, flight attendants, agents, etc. have had to put up with since 1979, namely deflation of income and inflation of costs.

Yes one true definition of free trade is the privatization of profit and the communism of costs. Company boards pocket the companies’ profit then pass the cost of their failures and any pollution to be paid by the nation’s people in higher taxes, lower paychecks and outsourcing. How is that inflation and deflation policy working for you?

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