McDonalds is Replacing 2,500 Human Cashiers With Digital Kiosks - Here's the Math - zerohedge.com
Excerpt from this article:
"The stock market is luvin' McDonalds stock, which has continued its recent relentless rise to all time highs, up 26% YTD, oblivious to the carnage among the broader restaurant and fast-food sector. There is a reason for Wall Street's euphoria: the same one we discussed in January in "Dear Bernie, Meet the "Big Mac ATM" That Will Replace All Of Your $15 Per Hour Fast Food Workers."
-------------------------
Recommended movie (with ClearPlay):
The Founder: Risk Taker, Rule Breaker, Game Changer
And if you don't have time (or interest!) to watch this movie, you can just read the following quote from this movie instead:
"If my competitor is drowning, I'm going to go over and stick a water hose in his mouth!" - attributed to Ray Kroc, founder of McDonalds (Some might say he would do the same thing to his employees if they were drowning!). Something to McThink about!
Recommended reading:
The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy, by Patrick Buchanan
Here is an except from this great book,
"No
site better captures yesterday's America than Detroit, forge and
furnace of America's democracy. Detroit is the burned out case of
American cities. The Empire of the Sun has its revenge. Japanese imports
helped kill the city that built the weapons that destroyed the empire.
Now grandsons of the soldiers of the imperial army work at high paying
manufacturing jobs once held by the fathers of ten-dollar-an-hour
retail clerks in Macomb County.
"But why blame the
Japanese? We did it to ourselves. We Americans created a post war
trading regime, in which, over 25 years, Japan bought 400,000 American
cars while selling us 40 million Japanese cars, a ratio of 100:1. One
president after another sat still while a third of America's greatest
industry was shipped off to Japan...
"Americans no
longer make their own cameras, shoes, radios, TVs, toys. A fifth of our
steal, a third of our autos, half our machine tools, and two-thirds of
our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages
have fallen and the standard of living of American families has
stagnated because of a basic law: the law of supply and demand. The
price of labor has been dropping because the supply of labor has
exploded...
"Having declared free trade and
open borders to be American policy, why are we surprised that corporate
executives padlocked their plants in the Rust Belt and moved over seas?
Why keep your plants here when you can manufacture at a fraction of
the cost abroad, ship your goods back, and pocket the windfall profits
that come from firing $20 an hour Americans and hiring
fifty-cent-an-hour Asians? A
pair of Nikes that sells for $150 in the United States costs $5 in
wages to make in Indonesia. Any wonder that Nike president Philip
Knight is the fifth richest man in America, with $5.2 billion, while
his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Even Mainstream Economists Starting to Admit That "Free Trade Agreements" Are Anything But - zerohedge.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
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Showing posts with label Free Trade. Show all posts
Showing posts with label Free Trade. Show all posts
Friday, June 23, 2017
Saturday, October 22, 2016
Globalism: The Monster in the Presidential Campaign
Globalism: The Monster in the Presidential Campaign - thedailysheeple.com
Excerpt from this article:
"Start with this: when a system has been devised, planned, launched, and maintained by criminals to undermine a nation, they are naturally going to defend it by saying: 'It’s good for everyone AND THERE IS NO OTHER WAY TO MANAGE HUMAN AFFAIRS. BESIDES, WE CAN’T STOP IT NOW. THAT WOULD CAUSE WIDESPREAD CHAOS.'...The truth about the Globalist prison is simple. The underlying operation takes jobs away from America, in this instance, and sends them to Third World hell holes, where the same products are manufactured by the same companies, for pennies, using slave workers who labor in toxic environmental conditions that destroy their health. ...The American companies in those hell holes then sell the products back to Americans without paying taxes, tariffs, or penalties of any kind."
-------------------------------------------
Recommended reading:
A History of the Council on Foreign Relations...In Our Time!
Apple Inc. Says Its Tax Rate of 0.0004 Percent is Fair
Excerpt from this article:
"Start with this: when a system has been devised, planned, launched, and maintained by criminals to undermine a nation, they are naturally going to defend it by saying: 'It’s good for everyone AND THERE IS NO OTHER WAY TO MANAGE HUMAN AFFAIRS. BESIDES, WE CAN’T STOP IT NOW. THAT WOULD CAUSE WIDESPREAD CHAOS.'...The truth about the Globalist prison is simple. The underlying operation takes jobs away from America, in this instance, and sends them to Third World hell holes, where the same products are manufactured by the same companies, for pennies, using slave workers who labor in toxic environmental conditions that destroy their health. ...The American companies in those hell holes then sell the products back to Americans without paying taxes, tariffs, or penalties of any kind."
-------------------------------------------
Recommended reading:
A History of the Council on Foreign Relations...In Our Time!
Apple Inc. Says Its Tax Rate of 0.0004 Percent is Fair
Friday, September 2, 2016
Apple Inc. Says it's Tax Rate of 0.00045 Percent is Fair
Apple Inc. Says it's Tax Rate of 0.00045 Percent is Fair - breitbart.com
Excerpt from this article:
"Apple Inc. is promising to appeal the European Commission’s decision that it owes $14.5 billion in European taxes because it says the company’s current effective tax rate of 0.00045 percent is 'fair.' That infinitesimal European tax rate saves the company from having to pay a U.S. tax bill of $360,000 for every $1 million in profits."
----------------------------------------------------
Here are a couple of excerpts from the writings of Patrick Buchanan that might cheer you up:
"Having passed historic legislation to make American factories the fairest, cleanest, safest and finest place on earth for industrial workers, liberals then turn around and backed free trade agreements that say to U.S. manufacturers: "If you want to get out from under all these liberal laws, if you want to be rid of those demanding U.S. workers and unions, shut down your plant here, lay off your U.S. workers, move to China, make your goods there, and export them, free of charge, back to the USA. Pocket all the money you save and put it into executive bonuses and laugh at us liberals on the slopes of Teluride and Vail." Day of Reckoning - How Hubris, Ideology and Greed Are Tearing America Apart, by Patrick Buchanan
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
Recommended reading:
This Article Explains Why Apple Makes IPhones in China and the US Is Screwed - businessinsider.com
China Threatens War if Trade in Interrupted
Patrick Buchanan: Why Trump is Routing the Free Traders - humanevents.com
Excerpt from this article:
"Apple Inc. is promising to appeal the European Commission’s decision that it owes $14.5 billion in European taxes because it says the company’s current effective tax rate of 0.00045 percent is 'fair.' That infinitesimal European tax rate saves the company from having to pay a U.S. tax bill of $360,000 for every $1 million in profits."
----------------------------------------------------
Here are a couple of excerpts from the writings of Patrick Buchanan that might cheer you up:
"Having passed historic legislation to make American factories the fairest, cleanest, safest and finest place on earth for industrial workers, liberals then turn around and backed free trade agreements that say to U.S. manufacturers: "If you want to get out from under all these liberal laws, if you want to be rid of those demanding U.S. workers and unions, shut down your plant here, lay off your U.S. workers, move to China, make your goods there, and export them, free of charge, back to the USA. Pocket all the money you save and put it into executive bonuses and laugh at us liberals on the slopes of Teluride and Vail." Day of Reckoning - How Hubris, Ideology and Greed Are Tearing America Apart, by Patrick Buchanan
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
Recommended reading:
This Article Explains Why Apple Makes IPhones in China and the US Is Screwed - businessinsider.com
China Threatens War if Trade in Interrupted
Patrick Buchanan: Why Trump is Routing the Free Traders - humanevents.com
Monday, August 1, 2016
Hillary May be Pretending to Oppose TPP Now, But Here Are 45 Times When She Publicly Supported it
Hillary May be Pretending to Oppose TPP Now, But Here Are 45 Times When She Publicly Supported it - thedailysheeple.com
Excerpt from this article:
"Hillary Clinton is so desperate to step into Bernie’s shoes and take all the supporters he had now that she’s gotten him out of the way that she will lie and say anything she thinks they want to hear… as if everyone is just that stupid. At least, she seems to think everyone is that stupid. Take the Trans-Pacific Partnership. Hillary publicly supported the TPP at least 45 times. Now that she knows how unpopular that is this election season, she’s backpedaling big time."
---------------------------------------------------------
Here are a couple of excerpts from the writings of Patrick Buchanan:
"Having passed historic legislation to make American factories the fairest, cleanest, safest and finest place on earth for industrial workers, liberals then turn around and backed free trade agreements that say to U.S. manufacturers: "If you want to get out from under all these liberal laws, if you want to be rid of those demanding U.S. workers and unions, shut down your plant here, lay off your U.S. workers, move to China, make your goods there, and export them, free of charge, back to the USA. Pocket all the money you save and put it into executive bonuses and laugh at us liberals on the slopes of Teluride and Vail." Day of Reckoning - How Hubris, Ideology and Greed Are Tearing America Apart, by Patrick Buchanan
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
Recommended reading:
Patrick Buchanan: Why Trump is Routing the Free Traders - humanevents.com
Mexican President Demands U.S. Merge With Mexico and Canada - infowars.com
Yes, China Has Won Big From U.S. Trade - money.cnn.com
Gavin McInnes: Lining Up to Get Berned - lewrockwell.com
Even Mainstream Economists Starting to Admit That "Free Trade Agreements" Are Anything But - zerohedge.com
We Are Being Killed on Trade - Rapidly Declining Exports Signal a Death Blow to the U.S. Economy - theeconomiccollapseblog.com
Welcome to Obama's Recovery: Carrier Moving 1400 Jobs to Mexico - zerohedge.com
Trump: 'I Don't Mind Trade Wars When We're Losing $58 Billion a Year' - breitbart.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Excerpt from this article:
"Hillary Clinton is so desperate to step into Bernie’s shoes and take all the supporters he had now that she’s gotten him out of the way that she will lie and say anything she thinks they want to hear… as if everyone is just that stupid. At least, she seems to think everyone is that stupid. Take the Trans-Pacific Partnership. Hillary publicly supported the TPP at least 45 times. Now that she knows how unpopular that is this election season, she’s backpedaling big time."
---------------------------------------------------------
Here are a couple of excerpts from the writings of Patrick Buchanan:
"Having passed historic legislation to make American factories the fairest, cleanest, safest and finest place on earth for industrial workers, liberals then turn around and backed free trade agreements that say to U.S. manufacturers: "If you want to get out from under all these liberal laws, if you want to be rid of those demanding U.S. workers and unions, shut down your plant here, lay off your U.S. workers, move to China, make your goods there, and export them, free of charge, back to the USA. Pocket all the money you save and put it into executive bonuses and laugh at us liberals on the slopes of Teluride and Vail." Day of Reckoning - How Hubris, Ideology and Greed Are Tearing America Apart, by Patrick Buchanan
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
Recommended reading:
Patrick Buchanan: Why Trump is Routing the Free Traders - humanevents.com
Mexican President Demands U.S. Merge With Mexico and Canada - infowars.com
Yes, China Has Won Big From U.S. Trade - money.cnn.com
Gavin McInnes: Lining Up to Get Berned - lewrockwell.com
Even Mainstream Economists Starting to Admit That "Free Trade Agreements" Are Anything But - zerohedge.com
We Are Being Killed on Trade - Rapidly Declining Exports Signal a Death Blow to the U.S. Economy - theeconomiccollapseblog.com
Welcome to Obama's Recovery: Carrier Moving 1400 Jobs to Mexico - zerohedge.com
Trump: 'I Don't Mind Trade Wars When We're Losing $58 Billion a Year' - breitbart.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Thursday, July 7, 2016
U.S. Ran $29,016,900,000 Trade Deficit With China in May
U.S. Ran $29,016,900,000 Trade Deficit With China in May - cnsnews.com
Excerpt from this article:
"That was by far the largest bilateral merchandise trade deficit the U.S. ran with any country during the month. The overall not-seasonally-adjusted U.S. merchandise trade deficit for May was $63,979,100,000, according to the Census Bureau. From January through May 2015, according to current Census Bureau, the U.S. ran a not-seasonally-adjusted merchandise trade deficit of $58,426,100,000. After China, the second largest bilateral merchandise trade deficit the U.S. ran this May, according to the Census Bureau, was the $5,801,900,000 deficit with Mexico."
-----------------------------------------------------
Recommended reading:
The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy, by Patrick Buchanan. Here is an excerpt from this great book:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Trump: 'I Don't Mind Trade Wars When We're Losing $58 Billion a Year' - breitbart.com
Even Mainstream Economists Starting to Admit That "Free Trade Agreements" Are Anything But - zerohedge.com
More Recommended reading:
Yes, China Has Won Big From U.S. Trade - money.cnn.com
We Are Being Killed on Trade - Rapidly Declining Exports Signal a Death Blow to the U.S. Economy - theeconomiccollapseblog.comWelcome to Obama's Recovery: Carrier Moving 1400 Jobs to Mexico - zerohedge.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Excerpt from this article:
"That was by far the largest bilateral merchandise trade deficit the U.S. ran with any country during the month. The overall not-seasonally-adjusted U.S. merchandise trade deficit for May was $63,979,100,000, according to the Census Bureau. From January through May 2015, according to current Census Bureau, the U.S. ran a not-seasonally-adjusted merchandise trade deficit of $58,426,100,000. After China, the second largest bilateral merchandise trade deficit the U.S. ran this May, according to the Census Bureau, was the $5,801,900,000 deficit with Mexico."
-----------------------------------------------------
Recommended reading:
The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy, by Patrick Buchanan. Here is an excerpt from this great book:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Trump: 'I Don't Mind Trade Wars When We're Losing $58 Billion a Year' - breitbart.com
Even Mainstream Economists Starting to Admit That "Free Trade Agreements" Are Anything But - zerohedge.com
More Recommended reading:
Yes, China Has Won Big From U.S. Trade - money.cnn.com
We Are Being Killed on Trade - Rapidly Declining Exports Signal a Death Blow to the U.S. Economy - theeconomiccollapseblog.comWelcome to Obama's Recovery: Carrier Moving 1400 Jobs to Mexico - zerohedge.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Wednesday, June 15, 2016
Misc. Quotes for Wednesday, June 15, 2016
"While leftist historians have always derided the era following the war between the states [U.S. Civil War, 1861-1865] as a time of corruption and complacency, no single generation in human history raised living standards more rapidly, absorbed and assimilated comparable waves of immigration, settled more vast and remote frontiers, built as many new states and glittering cities, or brought a nation so quickly to the top of world power...The working class, in fact, benefited mightily from the explosive growth of the Gilded Age. ...between 1860 and 1890 real wages [adjusted for inflation] increased by a staggering 50 percent in America." - The 10 Big Lies About America, by Michael Medved
"How are traditional Americans, jealous of the liberty and proud of their heritage of independence, to be persuaded to give up their national sovereignty for a seat at the table of Strobe Talbott's New World Order? By stealth. In 1974, Richard N. Gardiner, later Clinton's ambassador to Spain, echoed Brazinski's warning not to awaken the sleeping giant of American patriotism but to proceed by subtlety and indirection: 'The House of World Order will have to be built from the bottom up...An end run about national sovereignty, eroding it piece by piece, will accomplish much more than the old fashioned frontal assault.' 'Piece by piece' our sovereignty is being surrendered. By accession to NAFTA, GATT, the UN, the WTO, the World Bank, the IMF, America has ensnared itself in a web that restricts its freedom of action, diminishes its liberty, and siphons off its wealth. Most Americans do not understand this." - The Great Betrayal - How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy, by Patrick Buchanan
“We are grateful to the Washington Post, the New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost 40 years......It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is more sophisticated and prepared to march towards a world government. The supernational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past..."
- David Rockefeller, Memoirs
" DNA is like a computer program but far, far more advanced than any software ever created.”
― Bill Gates, The Road Ahead
“To grasp the reality of life as it has been revealed by molecular biology, we must magnify a cell a thousand million times until it is twenty kilometers in diameter and resembles a giant airship large enough to cover a great city like London or New York. What we would then see would be an object of unparalleled complexity and adaptive design. On the surface of the cell we would see millions of openings, like the port holes of a vast space ship, opening and closing to allow a continual stream of materials to flow in and out. If we were to enter one of these openings we would find ourselves in a world of supreme technology and bewildering complexity.”
― Michael Denton, Evolution: Still A Theory in Crisis (2016)
"How are traditional Americans, jealous of the liberty and proud of their heritage of independence, to be persuaded to give up their national sovereignty for a seat at the table of Strobe Talbott's New World Order? By stealth. In 1974, Richard N. Gardiner, later Clinton's ambassador to Spain, echoed Brazinski's warning not to awaken the sleeping giant of American patriotism but to proceed by subtlety and indirection: 'The House of World Order will have to be built from the bottom up...An end run about national sovereignty, eroding it piece by piece, will accomplish much more than the old fashioned frontal assault.' 'Piece by piece' our sovereignty is being surrendered. By accession to NAFTA, GATT, the UN, the WTO, the World Bank, the IMF, America has ensnared itself in a web that restricts its freedom of action, diminishes its liberty, and siphons off its wealth. Most Americans do not understand this." - The Great Betrayal - How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy, by Patrick Buchanan
“We are grateful to the Washington Post, the New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost 40 years......It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is more sophisticated and prepared to march towards a world government. The supernational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past..."
- David Rockefeller, Memoirs
" DNA is like a computer program but far, far more advanced than any software ever created.”
― Bill Gates, The Road Ahead
“To grasp the reality of life as it has been revealed by molecular biology, we must magnify a cell a thousand million times until it is twenty kilometers in diameter and resembles a giant airship large enough to cover a great city like London or New York. What we would then see would be an object of unparalleled complexity and adaptive design. On the surface of the cell we would see millions of openings, like the port holes of a vast space ship, opening and closing to allow a continual stream of materials to flow in and out. If we were to enter one of these openings we would find ourselves in a world of supreme technology and bewildering complexity.”
― Michael Denton, Evolution: Still A Theory in Crisis (2016)
Tuesday, May 31, 2016
Misc. Quotes for Tuesday, May 31, 2016
"A wicked generation is a generation of vipers, and ought to be told so." - Matthew Henry (1662-1714)
“If you study science deep enough and long enough, it will force you to believe in God.” - Lord William Kelvin (1824-1907) (Source)
"Before I am finished here, we will look at the justice system as if we were children taking a watch apart, and I make no representation that we can get it back together again. We'll examine the pieces: how the crimes of non-living corporations cost the rest of us ten times more than all the crimes of all the street thugs and mobsters and crooks combined." - With Justice for None - Destroying an American Myth, by Gerry Spence (Attorney)
"Having passed historic legislation to make American factories the fairest, cleanest, safest and finest place on earth for industrial workers, liberals then turn around and backed free trade agreements that say to U.S. manufacturers: "If you want to get out from under all these liberal laws, if you want to be rid of those demanding U.S. workers and unions, shut down your plant here, lay off your U.S. workers, move to China, make your goods there, and export them, free of charge, back to the USA. Pocket all the money you save and put it into executive bonuses and laugh at us liberals on the slopes of Teluride and Vail." Day of Reckoning - How Hubris, Ideology and Greed Are Tearing America Apart, by Patrick Buchanan
"James Madison, author of our Bill of Rights, boasted shortly after the American Revolution that he could make $257 annually on each slave he owned, and was required to spend only $12 or $13 yearly on the slave's upkeep." - With Justice for None - Destroying an American Myth, by Gerry Spence (Attorney)
"Indeed, the black man was not the only slave in America. Voracious in their quest for cheap labor, the colonists conceived of the indentured servant scheme, whereby the poor, imprisoned in England for petty crimes or debt, entered into indenture agreements for their passage to the new world and freedom...the poor had not fared well in England. In 1572 Elizabeth decreed: 'Unlicensed beggars above 14 years of age are to be severely flogged and branded on the left ear unless someone will take them into service for 2 years; in case of repetition of offense, if they are over 18, they are to be executed without mercy as felons." With Justice for None - Destroying an American Myth, by Gerry Spence (Attorney)
“If you study science deep enough and long enough, it will force you to believe in God.” - Lord William Kelvin (1824-1907) (Source)
"Before I am finished here, we will look at the justice system as if we were children taking a watch apart, and I make no representation that we can get it back together again. We'll examine the pieces: how the crimes of non-living corporations cost the rest of us ten times more than all the crimes of all the street thugs and mobsters and crooks combined." - With Justice for None - Destroying an American Myth, by Gerry Spence (Attorney)
"Having passed historic legislation to make American factories the fairest, cleanest, safest and finest place on earth for industrial workers, liberals then turn around and backed free trade agreements that say to U.S. manufacturers: "If you want to get out from under all these liberal laws, if you want to be rid of those demanding U.S. workers and unions, shut down your plant here, lay off your U.S. workers, move to China, make your goods there, and export them, free of charge, back to the USA. Pocket all the money you save and put it into executive bonuses and laugh at us liberals on the slopes of Teluride and Vail." Day of Reckoning - How Hubris, Ideology and Greed Are Tearing America Apart, by Patrick Buchanan
"James Madison, author of our Bill of Rights, boasted shortly after the American Revolution that he could make $257 annually on each slave he owned, and was required to spend only $12 or $13 yearly on the slave's upkeep." - With Justice for None - Destroying an American Myth, by Gerry Spence (Attorney)
"Indeed, the black man was not the only slave in America. Voracious in their quest for cheap labor, the colonists conceived of the indentured servant scheme, whereby the poor, imprisoned in England for petty crimes or debt, entered into indenture agreements for their passage to the new world and freedom...the poor had not fared well in England. In 1572 Elizabeth decreed: 'Unlicensed beggars above 14 years of age are to be severely flogged and branded on the left ear unless someone will take them into service for 2 years; in case of repetition of offense, if they are over 18, they are to be executed without mercy as felons." With Justice for None - Destroying an American Myth, by Gerry Spence (Attorney)
Tuesday, May 24, 2016
Misc. Quotes for Tuesday, May 24, 2016
"Free Trade results in giving our money, our manufacturers, and our markets, to other nations." - William Mckinnley, 1892 (from Day of Reckoning, by Patrick Buchanan)
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
(From The Great Betrayal: How American Soverignty and Social Justice are Being Sacrificed to the Gods of the Global Economy, by Patrrick Buchanan)
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
(From The Great Betrayal: How American Soverignty and Social Justice are Being Sacrificed to the Gods of the Global Economy, by Patrrick Buchanan)
Monday, April 25, 2016
Yes, China Has Won Big From U.S. Trade
Yes, China Has Won Big From U.S. Trade - money.cnn.com
Excerpt from this article:
"In the U.S., 43% of voters believe trade with other countries is a bad thing, according to the Pew Research Center. It's not that hard to understand why. China's middle class is booming while America's middle class is stagnating. A typical family in China has experienced the 'Asian miracle,' an astonishing 70% bump in their income from 1988 to 2008. But the middle class in the U.S. and across the developed world has stagnated: incomes rose a mere 4% over that 20-year same period, according to economist Branko Milanovic. He studies pay and wealth around the world and just published a new book, 'Global Inequality.'"
-----------------------------------------------------------
It has been said that elections have consequences. Maybe more people should have voted for Patrick Buchanan in 2000! Here is an except from Patrick Buchanan's great book, The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Gavin McInnes: Lining Up to Get Berned - lewrockwell.com
Even Mainstream Economists Starting to Admit That "Free Trade Agreements" Are Anything But - zerohedge.com
We Are Being Killed on Trade - Rapidly Declining Exports Signal a Death Blow to the U.S. Economy - theeconomiccollapseblog.com
Welcome to Obama's Recovery: Carrier Moving 1400 Jobs to Mexico - zerohedge.com
Trump: 'I Don't Mind Trade Wars When We're Losing $58 Billion a Year' - breitbart.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Excerpt from this article:
"In the U.S., 43% of voters believe trade with other countries is a bad thing, according to the Pew Research Center. It's not that hard to understand why. China's middle class is booming while America's middle class is stagnating. A typical family in China has experienced the 'Asian miracle,' an astonishing 70% bump in their income from 1988 to 2008. But the middle class in the U.S. and across the developed world has stagnated: incomes rose a mere 4% over that 20-year same period, according to economist Branko Milanovic. He studies pay and wealth around the world and just published a new book, 'Global Inequality.'"
-----------------------------------------------------------
It has been said that elections have consequences. Maybe more people should have voted for Patrick Buchanan in 2000! Here is an except from Patrick Buchanan's great book, The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Gavin McInnes: Lining Up to Get Berned - lewrockwell.com
Even Mainstream Economists Starting to Admit That "Free Trade Agreements" Are Anything But - zerohedge.com
We Are Being Killed on Trade - Rapidly Declining Exports Signal a Death Blow to the U.S. Economy - theeconomiccollapseblog.com
Welcome to Obama's Recovery: Carrier Moving 1400 Jobs to Mexico - zerohedge.com
Trump: 'I Don't Mind Trade Wars When We're Losing $58 Billion a Year' - breitbart.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Monday, April 4, 2016
448 Union Officials Made More Than $250,000 in 2015
448 Union Officials Made More Than $250,000 in 2015 - dailycaller.com
Excerpt from this article:
"Union membership is often touted by Democrats as the key to growing the middle class, but working in union leadership, it appears, is the key to joining the wealthy elite. Watchdog.org released a list of the highest paid union leaders and found, excluding professional sports unions, 448 employees of labor unions were paid more than a quarter of a million dollars in 2015."
Excerpt from this article:
"Union membership is often touted by Democrats as the key to growing the middle class, but working in union leadership, it appears, is the key to joining the wealthy elite. Watchdog.org released a list of the highest paid union leaders and found, excluding professional sports unions, 448 employees of labor unions were paid more than a quarter of a million dollars in 2015."
---------------------------------------------------
Recommended reading:
Will the Robotic Revolution Make Your Job Obsolete?
$1200 A Day Union Workers Force Shutdown Of 29 West Coast Ports - breitbart.com
Recommended reading:
Will the Robotic Revolution Make Your Job Obsolete?
$1200 A Day Union Workers Force Shutdown Of 29 West Coast Ports - breitbart.com
Saturday, April 2, 2016
Will the Robotic Revolution Make Your Job Obsolete?
Will the Robotic Revolution Make Your Job Obsolete? - thenewamerican.com
Excerpt from this article:
"...the Port of Rotterdam in the Netherlands has more automated delivery terminals than the entire United States, thanks to delays by Luddite unions in America determined to keep the robotic revolution from happening....The robotics revolution, thanks to Moore’s Law (how overall processing power for computers will double every two years) and the consequent dramatic lowering of the cost of information, is sweeping across the world, whether unions like it or not. High-tech software is replacing stock traders, steel workers, and front loader drivers — making work places not only safer but more efficient. In some cases robots are doing the jobs of 10 workers."
------------------------------------------
Recommended reading:
"Scab" Robots Would Not Shut Down the Ports of Los Angeles - lewrockwell.com
Blue Collar Voters: Trade is Killing Us - mcclatchydc.com
Even Mainstream Economists Starting to Admit "Free Trade Agreements" Anything But
Robots Taking Over Fast Food Jobs - Business Insider:
Recovery Woes: America's Second Largest Employer is a Temp Agency
U.S. Lost 29,000 Manufacturing Jobs in March - But Gained in Retail, Food Services, and Drinking Places - cnsnews.com
Excerpt from this article:
"...the Port of Rotterdam in the Netherlands has more automated delivery terminals than the entire United States, thanks to delays by Luddite unions in America determined to keep the robotic revolution from happening....The robotics revolution, thanks to Moore’s Law (how overall processing power for computers will double every two years) and the consequent dramatic lowering of the cost of information, is sweeping across the world, whether unions like it or not. High-tech software is replacing stock traders, steel workers, and front loader drivers — making work places not only safer but more efficient. In some cases robots are doing the jobs of 10 workers."
------------------------------------------
Recommended reading:
"Scab" Robots Would Not Shut Down the Ports of Los Angeles - lewrockwell.com
Blue Collar Voters: Trade is Killing Us - mcclatchydc.com
Even Mainstream Economists Starting to Admit "Free Trade Agreements" Anything But
Robots Taking Over Fast Food Jobs - Business Insider:
Recovery Woes: America's Second Largest Employer is a Temp Agency
U.S. Lost 29,000 Manufacturing Jobs in March - But Gained in Retail, Food Services, and Drinking Places - cnsnews.com
Saturday, March 19, 2016
Even Mainstream Economists Starting to Admit That "Free Trade Agreements" Are Anything But
Even Mainstream Economists Starting to Admit That "Free Trade Agreements" Are Anything But - zerohedge.com
Excerpt from this article:
"UC Berkeley Economics professor Robert Reich – Bill Clinton’s Secretary of Labor – wrote last month: Suppose that by enacting a particular law we’d increase the U.S. Gross Domestic Product. But almost all that growth would go to the richest 1 percent. The rest of us could buy some products cheaper than before. But those gains would be offset by losses of jobs and wages. This is pretty much what 'free trade' has brought us over the last two decades."
----------------------------------------------------------
Here is an except from Patrick Buchanan's great book, The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
We Are Being Killed on Trade - Rapidly Declining Exports Signal a Death Blow to the U.S. Economy - theeconomiccollapseblog.com
Welcome to Obama's Recovery: Carrier Moving 1400 Jobs to Mexico - zerohedge.com
Trump: 'I Don't Mind Trade Wars When We're Losing $58 Billion a Year' - breitbart.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Excerpt from this article:
"UC Berkeley Economics professor Robert Reich – Bill Clinton’s Secretary of Labor – wrote last month: Suppose that by enacting a particular law we’d increase the U.S. Gross Domestic Product. But almost all that growth would go to the richest 1 percent. The rest of us could buy some products cheaper than before. But those gains would be offset by losses of jobs and wages. This is pretty much what 'free trade' has brought us over the last two decades."
----------------------------------------------------------
Here is an except from Patrick Buchanan's great book, The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
We Are Being Killed on Trade - Rapidly Declining Exports Signal a Death Blow to the U.S. Economy - theeconomiccollapseblog.com
Welcome to Obama's Recovery: Carrier Moving 1400 Jobs to Mexico - zerohedge.com
Trump: 'I Don't Mind Trade Wars When We're Losing $58 Billion a Year' - breitbart.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Saturday, January 23, 2016
Study: Obama's Trade Deal An Economy Killer - Nearly 450,000 U.S. Jobs Lost if TPP Signed
Study: Obama's Trade Deal An Economy Killer - Nearly 450,000 U.S. Jobs Lost if TPP Signed - wnd.com
Excerpt from this article:
Here is an except from Patrick Buchanan's great book, The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Excerpt from this article:
"...the 6,000-page TPP, a trade deal in name only, is chock-full of giveaways for corporations and dangers for everyone else.”
-----------------------------------Here is an except from Patrick Buchanan's great book, The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Monday, January 18, 2016
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores
Welcome to the New Normal: The Dow Crashes Another 390 Points and Wal-Mart Closes 269 Stores - theeconomiccollapseblog.com
Excerpt from this article:
"Did you know that 15 trillion dollars of global stock market wealth has been wiped out since last June? The worldwide financial crisis that began in the middle of last year is starting to spin wildly out of control. On Friday, the Dow plunged another 390 points, and it is now down a total of 1,437 points since the beginning of this calendar year. Never before in U.S. history have stocks ever started a year this badly."
------------------------------------------------------
Here is an except from Patrick Buchanan's great book, The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Excerpt from this article:
"Did you know that 15 trillion dollars of global stock market wealth has been wiped out since last June? The worldwide financial crisis that began in the middle of last year is starting to spin wildly out of control. On Friday, the Dow plunged another 390 points, and it is now down a total of 1,437 points since the beginning of this calendar year. Never before in U.S. history have stocks ever started a year this badly."
------------------------------------------------------
Here is an except from Patrick Buchanan's great book, The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Wednesday, December 30, 2015
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce'
The Rise of the Temp Economy: More U.S. Employers Than Ever Want a 'Disposable Workforce' - endoftheamericandream.com
Excerpt from this article:
"In this day and age it seems like almost everything is disposable, and many employers have found that they can make a lot more money if they have a workforce that can be turned on and off like a faucet. In America today, there are more than 17 million 'independent workers', and they represent a bigger share of the workforce than ever before. Federal laws give a lot of protection to 'full-time workers', but for temporary and contract employees it is a much different story."
--------------------------------------------
Here is an except from Patrick Buchanan's great The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Excerpt from this article:
"In this day and age it seems like almost everything is disposable, and many employers have found that they can make a lot more money if they have a workforce that can be turned on and off like a faucet. In America today, there are more than 17 million 'independent workers', and they represent a bigger share of the workforce than ever before. Federal laws give a lot of protection to 'full-time workers', but for temporary and contract employees it is a much different story."
--------------------------------------------
Here is an except from Patrick Buchanan's great The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
Thursday, December 10, 2015
Government Jobs Report is a Work of Fiction
Peter Schiff: Government Jobs Report is a Work of Fiction - lewrockwell.com
Excerpt from this article:
“We lost manufacturing jobs,” he told the online news outlet. “Manufacturing is in a recession here in the United States,” he said, offering as evidence this week’s manufacturing and service sector ISM numbers as particularly weak.” He added that part-time shift work has taken over full-time employment, and this is where much of the jobs gains have shifted to."
------------------------------------------------
Here is an except from Patrick Buchanan's great The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
Excerpt from this article:
“We lost manufacturing jobs,” he told the online news outlet. “Manufacturing is in a recession here in the United States,” he said, offering as evidence this week’s manufacturing and service sector ISM numbers as particularly weak.” He added that part-time shift work has taken over full-time employment, and this is where much of the jobs gains have shifted to."
------------------------------------------------
Here is an except from Patrick Buchanan's great The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
America Summarized In One Headline: "Better Living Through Layoffs" - zerohedge.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
Friday, November 27, 2015
Happy [Day After] Thanksgiving! 1200 American Workers Training Their Foreign Replacements
Happy Thanksgiving! 1200 American Workers Training Their Foreign Replacements - breitbart.com
Excerpt from this article:
“'Right there in New York, 1,200 Americans [Disney workers] are training their replacements' Blackwell said. Adding that it’s also, 'happening at AT&T right now.'”
-----------------------------------------------------------------
Here is an except from Patrick Buchanan's great The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
Excerpt from this article:
“'Right there in New York, 1,200 Americans [Disney workers] are training their replacements' Blackwell said. Adding that it’s also, 'happening at AT&T right now.'”
-----------------------------------------------------------------
Here is an except from Patrick Buchanan's great The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
Friday, November 20, 2015
"Free Trade Has Destroyed American Manufacturing"
Free Trade Has Destroyed American Manufacturing - garynorth.com
Excerpt from this article:
"This criticism of free trade is wrong. To understand why it is wrong, first consider this chart of the per capita output of American manufacturing. It is not a chart that most Americans have ever seen. Economist Mark Perry has provided it."
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
Excerpt from this article:
"This criticism of free trade is wrong. To understand why it is wrong, first consider this chart of the per capita output of American manufacturing. It is not a chart that most Americans have ever seen. Economist Mark Perry has provided it."
--------------------------------------------------------------
This is an eye opening article. But maybe the issue is this: Has free trade destroyed the American worker? Here is an except from Patrick Buchanan's great The Great Betrayal: How American Sovereignty and Social Are Being Sacrificed to the Gods of the Global Economy:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading:
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
This Single Job Stat Is The One That Matters:
Saturday, October 10, 2015
Obama: TPP Is 'The Best Possible Deal for American Workers'
Obama: TPP Is 'The Best Possible Deal for American Workers' - breitbart.com
Excerpt from this article:
“Hi, everybody. This week, after five years of effort with eleven other nations, we reached agreement on a new trade deal that promotes American values and protects American workers."
------------------------------------------------
Really? Sort of like NAFTA did? And like the current influx of potential workers from Mexico and from the Middle East? Are they going to promote American values and protect American workers too? Here is a short excerpt from This Single Job Stat Is The One That Matters:
"In August, nearly 700,000 native-born Americans lost their job, while about 200,000 foreign-born Americans gained one."
Excerpt from this article:
“Hi, everybody. This week, after five years of effort with eleven other nations, we reached agreement on a new trade deal that promotes American values and protects American workers."
------------------------------------------------
Really? Sort of like NAFTA did? And like the current influx of potential workers from Mexico and from the Middle East? Are they going to promote American values and protect American workers too? Here is a short excerpt from This Single Job Stat Is The One That Matters:
"In August, nearly 700,000 native-born Americans lost their job, while about 200,000 foreign-born Americans gained one."
Here is an excerpt from Patrick Buchanan's great The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
More recommended reading:
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
21,995,000 to 12,329,000: Government Jobs Outnumber Manufacturing Employees 18 to 1 - cnsnews.comCompanies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
Wednesday, June 24, 2015
The Not So Long Goodbye To Manufacturing Jobs
The Not So Long Goodbye To Manufacturing Jobs - cnsnews.com
Excerpt from this article:
"Manufacturing employment in the United States peaked 36 years ago in June 1979. That month, the U.S. had a civilian labor force of 104,638,000 and 19,553,000 — or about 18.7 percent — were employed in manufacturing. Last month, the U.S. had a civilian labor force 157,469,000, but only 12,355,000 — or about 7.8 percent — were employed in manufacturing."
----------------------------------------------
Recommended reading:
The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy
Here is an excerpt from this great book:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
Thanks For Dying For The Power Elite! lewrockwell.com
!Adios America! The Left's Plan To Turn Our Country Into A Third World Hellhole, by Ann Coulter
Excerpt from this article:
"Manufacturing employment in the United States peaked 36 years ago in June 1979. That month, the U.S. had a civilian labor force of 104,638,000 and 19,553,000 — or about 18.7 percent — were employed in manufacturing. Last month, the U.S. had a civilian labor force 157,469,000, but only 12,355,000 — or about 7.8 percent — were employed in manufacturing."
----------------------------------------------
Recommended reading:
The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy
Here is an excerpt from this great book:
"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.
"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...
"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...
"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas? Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)
More recommended reading:
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
Companies Lay off Thousands, Then Demand Immigration Reform to Get More Workers - washingtonexaminer.com
Et Tu, Mickey Mouse? Disney Pads Record Profits By Replacing U.S. Workers With Cheaper H1-B Guestworkers - epi.org
Thanks For Dying For The Power Elite! lewrockwell.com
!Adios America! The Left's Plan To Turn Our Country Into A Third World Hellhole, by Ann Coulter
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