We hear a lot today about "structural unemployment" in America, the notion being that unemployment in America today is related to workers not having the right set of skills for the available jobs in the economy. There is some truth to this, but the reason for this has nothing to do with any inherent realities of a modern economy, it has to do with how American capitalists have intentionally engineered the global labor markets...
A glaring contradiction exists in which some conservatives take issue with welfare for the needy but not for the wealthy or corporations…they hate these programs because they believe they create freeloaders and that people should fend for themselves, except for the wealthy and corporations of course… Consequently their mantra is welfare creates freeloaders and demand the programs be cut…but seldom do they demand cuts to subsidies that benefit the wealthy and corporations nor even acknowledge the existence of the corporate welfare system.
America’s companies are ambassadors representing our nation and the American people around the world. With crap like this occurring is it any wonder why so many people don’t like us?
As policy makers bicker over the budget and increasing the debt ceiling let’s take a look at our nation’s financial condition. In recent years I have begun questioning how much debt is simply too much even for the U.S government… Are you familiar with the term normalcy bias? It is a mental state we often “enter when facing a disaster.” It “causes people to underestimate both the possibility of a disaster occurring and its possible effects,” causing most of us to be inadequately prepared. I suspect to a degree normalcy bias with the economy is at play in clenching this ‘faith based notion’ in the U.S. credit system all together.
If you carefully inspect your home plus the stores you shop at you’ll find them loaded with American brand name imports from clothing to Christmas and Easter decorations to electronic components and nearly everything in between right down to G.E light bulbs. This includes many of America’s most darling Wall Street companies from Apple to HP and even Ford and Chevy. ABC News with Diane Sawyer recently reported on this in a series Made in America and their revelations have taken some folks by surprise. Perhaps some of us have been buying our goods with eyes wide shut...
By Mitch Gurney April 1, 2011 It’s extremely rare for the corporate media to publish an article as candid as this one, Tax the Super Rich Now or face a Revolution a commentary by Paul B. Farrell and published by Market Watch, a division of the Wall Street Journal Digital Network owned by News Corp ... Read More »
Did you know that some corporate strategists think hollowing out America’s middle class is not a big deal? America’s middle class is in trouble, although some folks are just now figuring this out it could be a bit too late - about 30 years late as the deed is done. We’re now in the consequence phase. You might say we’re in that stage where those of us who got shafted are beginning to realize that while at the party we slept through all the fun.
By Mitch Gurney March 10, 2011 We awoke today to hear news that the Republicans got their way in Wisconsin by passing their collective bargaining bill…and with that the drum beat against unions grows. Some are expressing joy at this latest news as for example Mish does in Tremendous News in Wisconsin, Senate passes Collective ... Read More »
FORD is a four Letter Word is yet another example of the globalization strategies among America’s multi-national corporations (MNC) that are making business decisions no longer rooted in country first. As the title indicates the article is about Ford’s global strategies and in April of 2009 I wrote an article about American auto companies Moving jobs south of the Border. I’d like to point out that while we are singling out Ford here their global manufacturing strategy is consistent with most American MNC’s.
There are 19 statistics that indicate America's economy may never recover and it is evident that Corporate America has delivered a death knell to our Middle-class and the entire economy. The facts you will read in this post represents irrefutable evidence that Corporate America has been busy dismantling our economy for years and they knew that it would result in the utter destruction of our economy. (Corporate America could not have done this without the tacit approval and direct help from our Congress and Presidency.) Businesses and corporations insist that they had a duty to increase profits for their shareholders, even if it came at the expense of our economic destruction and significantly reduced our national security. There is also compelling evidence that a huge amount of this "deindustrialization" and dismantling of our economy gained momentum during President Bush's criminal Presidency, and I will vividly illustrate how these actions have significantly imperiled our national security.
William Cormier says: This is the kind of information that the general public should be...
William Cormier says: Yes Krystal, the situation has changed, and our outlook, IMO, is extremely...
William Cormier says: I have waited and waited, and when I read the news, we...