August 23, 2011
As our economy and influence wanes power is migrating to the east. By now most Americans realize how dire the situation is. As we export less and less while simultaneously printing more money, the world is finding out that our promises are empty. A lack of faith in our economy is not limited to us. The whole world is beginning to have their doubts. Our debtors the PRC are not happy. My father used to say we will never go to war with the Chinese. According to him “It’s too profitable for them to do business with us, and war is bad for business.”
Unfortunately it is no longer profitable for the Chinese to do business with us. To make matters worse it is highly profitable for American businesses to work with the Chinese. This means that the only thing we are exporting to China are our jobs, and the only thing we are importing from them is human misery. To have balanced trade we must actually build things here in the States. Only then can our economy recover.
Eventually we will have factories again. When the dollar becomes the new American Peso, there will be plenty of cheap labor available in the U.S.A.. At that time we will become re industrialized. If this happens we will all see our standard of living drop off dramatically. It’s not too late to fix things. We can invest in emerging technologies now and have a leg to stand on later. Remember America there is a higher cost for plastic crap from China than you think. It will cost you your job and your way of life.
August 12, 2011
45,000 Verizon workers are now on strike. The company is demanding $1 billion in concessions from their workers. If these concessions were to be made Verizon workers could be pushed out of the middle class. According to CWA President Larry Cohen “Our workers are out here on strike to defend their rights to bargain effectively. The company came in with a list of 100 demands six weeks ago. These same hundred demands are here now. Nothing is off the table. We’ve said to them the (CWA) members are ready to go back to work when you bargain seriously.” He went on to say “These workers will stay out until the company bargains seriously. We will then go in and negotiate. The negotiations have been a farce.”
This is the second Verizon strike in 11 years. In 2000 about 87,000 workers were on strike for 18 days, and in 1989 workers were on strike for 17 weeks. As a former Technical Support Representative I can tell you first hand, that a lengthy strike will have a significant impact on Verizon service.
Posted below is a CWA demonstration that took place in Virginia Beach, Virginia on 08/11/2011.
The crowd can be heard chanting “No contract no work!” If Verizon’s management doesn’t smarten up soon, they may find themselves losing more than a billion dollars in worker concessions. It would behoove them to realize that their shortsighted demands may cost them more in the long run. People don’t like being cheated by their employers. Workers deserve an equal days pay for an equals days work. It is high time that corporate fat cats realize that they get what they pay for. If you shortchange your workforce, then you will see the quality of their labor diminish accordingly.
This issue affects all of us whether we are in a union or not. Verizon is large enough to set precedent. If they get away with sticking it to their workers, a similar fate may await the rest of us. I applaud the CWA and their efforts to protect workers, and ultimately the endangered middle class.
What do you think America? Please feel free to share your opinions by leaving a comment.
August 11, 2011
Anarchy in the UK. It came today definitely. On Thursday August 3rd, London Police shot and killed Mark Duggan, 29. According to an unidentified eye witness interviewed by the London Evening Standard “About three or four police officers had both men pinned on the ground at gunpoint. They were really big guns and then I heard four loud shots. The police shot him on the floor.” That Saturday night a mob of 300 people assembled outside of the Tottenham Hale police station. After the authorities dispatched riot officers and mounted police the crowd went wild. The police were met with bottles, fireworks, and other missiles. The crowd also set two police cars on fire. The mood was already dour in the UK, as the entire EU has been in flames for months. The Slaying of Mark Duggan was the spark that finally set things off, and plunged London into chaos.
Posted in the video below is shocking footage of rioters overwhelming police.
I fear that this is all it will take to finally engulf the UK in an Orwellian nightmare. It has been said that you could walk across London without ever being off camera. Making matters worse, U.K. Prime Minister David Cameron is using these riots as an excuse to justify tyranny. According to Cameron “Britain is considering a raft of new measures related to crowd control, gang membership and social-media communications, in an effort to prevent a repeat of rioting and looting that exploded across the country this week.” Frankly this scares the hell out of me. Britain and the US have a special relationship. If tyranny becomes precedent in the UK, it won’t be long before it takes hold here.
August 8, 2011
It’s no secret that Wall Street is a very emotional place. It’s also no secret that Washington D.C. politicians love to be theatrical. This is what I would call a recipe for disaster. Before congress finally passed measures to raise the debt ceiling, I knew that they would. In fact most of us knew they would reach some kind of deal. Unfortunately the histrionics surrounding this deal has left a bad taste in a lot of peoples mouths. Investors are skittish and corporations refuse to hire people. The national credit rating has also been downgraded. This may not seem like a big deal now, however when our government sees it’s interest rates go up there is going to be hell to pay. Regrettably we will be the ones who suffer. The debt ceiling amounts to a tragic tale indeed.
I think the Subhumans send it best when they said
“The purity of comedy
They had to take it seriously
Changed the words around
Tried to make it look profound
The comedian is on stage
Pisstaking for a wage
The critics think he’s great
But the laughter turns to hate”
Washington must learn that the eyes of the world are on them. As such they should act accordingly. All of this talk about a default made too many people nervous. I fear that we will probably face another 2008 style crisis by the end of the year. If our politicians do not abstain from irrational bickering and bravado, they may be performing theater in ruins not unlike those pictured above.
What do you think America. Please spread the word about this blog, and feel free to leave a comment.