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Joe La Fleur

New TV ad Slams Obama, Geithner on lost Delphi pensions - 0 views

www.westernjournalism.com/ithner-on-lost-delphi-pensions

obama delphi pensions

shared by Joe La Fleur on 08 Aug 12 - No Cached
  • Joe La Fleur on 08 Aug 12
     
    THE UNION MEMBERS AT DELPHI GOT THEIR FULL PENSIONS
Joe La Fleur

E-mails Show Geithner, Treasury Terminated Pensions of Non-Union Workers - 0 views

www.breitbart.com/...of-Non-Union-Workers-At-Delphi

treasury pensions workers

shared by Joe La Fleur on 08 Aug 12 - No Cached
  • Joe La Fleur on 08 Aug 12
     
    FAIRNESS?
thinkahol *

YouTube - The Obama Deception HQ Full length version - 0 views

www.youtube.com/watch

YouTube - The Obama Deception HQ Full length version

shared by thinkahol * on 08 Nov 10 - Cached
  • thinkahol * on 08 Nov 10
     
    "The Obama Deception is a hard-hitting film that completely destroys the myth that Barack Obama is working for the best interests of the American people. The Obama phenomenon is a hoax carefully crafted by the captains of the New World Order. He is being pushed as savior in an attempt to con the American people into accepting global slavery. We have reached a critical juncture in the New World Order's plans. It's not about Left or Right: it's about a One World Government. The international banks plan to loot the people of the United States and turn them into slaves on a Global Plantation. Covered in this film: who Obama works for, what lies he has told, and his real agenda. If you want to know the facts and cut through all the hype, this is the film for you. Watch the Obama Deception and learn how: - Obama is continuing the process of transforming America into something that resembles Nazi Germany, with forced National Service, domestic civilian spies, warrantless wiretaps, the destruction of the Second Amendment, FEMA camps and Martial Law. - Obama's handlers are openly announcing the creation of a new Bank of the World that will dominate every nation on earth through carbon taxes and military force. - International bankers purposefully engineered the worldwide financial meltdown to bankrupt the nations of the planet and bring in World Government. - Obama plans to loot the middle class, destroy pensions and federalize the states so that the population is completely dependent on the Central Government. - The Elite are using Obama to pacify the public so they can usher in the North American Union by stealth, launch a new Cold War and continue the occupation of Iraq and Afghanistan."
Skeptical Debunker

Prudential-AIG Deal Another Case of Corporate Empire Building - 0 views

moneymorning.com/...prudential-aig

AIG Prudential deal analysis

shared by Skeptical Debunker on 05 Mar 10 - Cached
  • In spite of its new whizz-bang CEO, Prudential is a slow-moving but very reliable organization with a level of integrity that is trusted by policyholders. Frankly, that's what you want in an insurance company. I have had a modest U.K. pension with one of its competitors since 1980, and I am constantly worried that some leveraged buyout (LBO) artist will step in, take it over, change the computer system so that information gets lost, outsource customer service, and drive the company into bankruptcy. If you're buying life insurance or pension services, you want a company that's not going to disappear in the next 30 years, and doesn't change its address or computer system too often. Avoid a company like the plague if it is run by whiz kids. However, that's what AIG was like. We know how AIG operated; a guy who thought betting the ranch on the credit default swap market was a good idea ran it. Its Asian operation is no doubt full of similarly clever ideas. Even in the unlikely event that everything there is on the level, the cultural clash with an old-fashioned British insurance company is huge. And why would you pay a PREMIUM for an AIG operation? Like the Kraft/Cadbury deal, Prudential's takeover of AIA is value-destroying. Also like Kraft/Cadbury, it looks likely to destroy a valuable part of the British economy that millions of people have relied upon for generations - only this time the destruction will be caused by the buyer rather than the target. As shareholders we need a new form of corporate governance. Those in management are hired hands. In the old days, large shareholders used to treat management as they would have treated their butler - and management was equally deferential to the owners of substantial percentages of the company's capital. That's how capitalism is supposed to work - with resources deployed in the interests of the owners of capital. We know that system works; economics shows us why it works. The alternative, with resources deployed to satisfy the egos and fill the pockets of the hired hands, has no theoretical justification and little practicality - just as a big country house run in the interests of the butler would be a mess. As capitalists, we must work together to restore capitalism!
  • Skeptical Debunker on 05 Mar 10
     
    To inattentive observers, the recent announcement that the British insurance company Prudential PLC (NYSE ADR: PUK) would pay $35.5 billion for American International Group Inc.'s (NYSE: AIG) Asian insurance operation, AIA, might seem like just another belated expansion of the old British Empire - a strange contrast to the sale of the premier British chocolate company Cadbury PLC (NYSE ADR: CBY) to Kraft Foods Inc. (NYSE: KFT) last month. Yet in reality both deals are examples of Empire-building that for shareholders is much more dangerous than the benign British variety - Empire-building by corporate management that runs contrary to capitalist ideals.
  • Skeptical Debunker on 05 Mar 10
     
    Monopolies - BAD (Adam Smith even said so!) Companies controlled and run by management (as if it were their own personal fiefdom and with their hands always in the "cookie jar"), rather than shareholders - BAD. BOTH ANTI-CAPITALISTIC. Both the "norm" for "the titans" of "modern [anti] capitalism". We no longer have capitalism (if that, like communism, ever existed in a more or less "pure" form!). We have a kleptocracy of the rich and corporate aristocracy (as incestuously intertwined as the European nobles ever were!).
Yee Sian Ng

Germany is tired of paying Europe's bills. - By Anne Applebaum - Slate Magazine - 0 views

www.slate.com/...2247257

European Union Politics

shared by Yee Sian Ng on 09 Mar 10 - Cached
  • Yee Sian Ng on 09 Mar 10
     
    "After all, Germany is now run by a generation with no personal memories of the war. Germany's historical debate is now focused on the fate of Germans who suffered from wartime bombing and postwar deportation, not with the fate of Germany's victims-in Greece or anywhere else. Sooner or later, the Germans will collectively decide that enough sacrifices have been made and that the debt to Europe has been paid. Thanks to the ungrateful Greeks with their island villas and large pensions, that day may arrive more quickly that we thought it would."
thinkahol *

GMF - The Copenhagen Consensus: Reading Adam Smith in Denmark - 0 views

www.gmfus.org/...article.cfm

economic policy america government denmark

shared by thinkahol * on 27 May 10 - Cached
  • thinkahol * on 27 May 10
     
    Adam Smith observed in 1776 that economies work best when governments keep their clumsy thumbs off the free market's "invisible hand." Two generations later, in 1817, the British economist David Ricardo extended Smith's insights to global trade. Just as market forces lead to the right price and quantity of products domestically, Ricardo argued, free foreign trade optimizes economic outcomes internationally. Reading Adam Smith in Copenhagen -- the center of the small, open, and highly successful Danish economy -- is a kind of out-of-body experience. On the one hand, the Danes are passionate free traders. They score well in the ratings constructed by pro-market organizations. The World Economic Forum's Global Competitiveness Index ranks Denmark third, just behind the United States and Switzerland. Denmark's financial markets are clean and transparent, its barriers to imports minimal, its labor markets the most flexible in Europe, its multinational corporations dynamic and largely unmolested by industrial policies, and its unemployment rate of 2.8 percent the second lowest in the OECD (the Organization for Economic Cooperation and Development). On the other hand, Denmark spends about 50 percent of its GDP on public outlays and has the world's second-highest tax rate, after Sweden; strong trade unions; and one of the world's most equal income distributions. For the half of GDP that they pay in taxes, the Danes get not just universal health insurance but also generous child-care and family-leave arrangements, unemployment compensation that typically covers around 95 percent of lost wages, free higher education, secure pensions in old age, and the world's most creative system of worker retraining. Does Denmark have some secret formula that combines the best of Adam Smith with the best of the welfare state? Is there something culturally unique about the open-minded Danes? Can a model like the Danish one survive as a social democratic island in a turbulent sea of globali
thinkahol *

How to Build a Progressive Tea Party | The Nation - 0 views

www.thenation.com/...ow-build-progressive-tea-party

How to Build a Progressive Tea Party | The Nation

shared by thinkahol * on 12 Feb 11 - No Cached
  • thinkahol * on 12 Feb 11
     
    Imagine a parallel universe where the Great Crash of 2008 was followed by a Tea Party of a very different kind. Enraged citizens gather in every city, week after week-to demand the government finally regulate the behavior of corporations and the superrich, and force them to start paying taxes. The protesters shut down the shops and offices of the companies that have most aggressively ripped off the country. The swelling movement is made up of everyone from teenagers to pensioners. They surround branches of the banks that caused this crash and force them to close, with banners saying, You Caused This Crisis. Now YOU Pay.
thinkahol *

We Found the Money-and It's on Wall Street | The Nation - 0 views

www.thenation.com/...ey%E2%80%94and-its-wall-street

We Found Money-and It's on Wall Street | The Nation

shared by thinkahol * on 04 Mar 11 - No Cached
  • thinkahol * on 04 Mar 11
     
    We need to get to the root of the issue of budgets-we're facing a revenue crisis. There is simply not enough money in our cities and states to support the investments needed to rebuild the American middle class. The good news is this: we know where the money is.   And though politicians might tell you differently, it's not in Grandma's pension. It's not in the homes of families fighting off foreclosure. And it's not in the pockets of American schoolchildren or schoolteachers. It's on Wall Street.     
thinkahol *

America Is NOT Broke - 0 views

readersupportednews.org/...5178-america-is-not-broke

America Is NOT Broke

shared by thinkahol * on 09 Mar 11 - No Cached
  • thinkahol * on 09 Mar 11
     
    America is not broke. Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It's just that it's not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich. Today just 400 Americans have more wealth than half of all Americans combined. Let me say that again. 400 obscenely rich people, most of whom benefited in some way from the multi-trillion dollar taxpayer "bailout" of 2008, now have more loot, stock and property than the assets of 155 million Americans combined. If you can't bring yourself to call that a financial coup d'état, then you are simply not being honest about what you know in your heart to be true.
thinkahol *

Chris Hedges: This Time We're Taking the Whole Planet With Us - Chris Hedges' Columns -... - 0 views

www.truthdig.com/..._whole_planet_with_us_20110307

Chris Hedges: This Time We're Taking the Whole Planet With Us - Hedges' Columns Truthdig

shared by thinkahol * on 09 Mar 11 - No Cached
  • thinkahol * on 09 Mar 11
     
    Civilizations rise, decay and die. Time, as the ancient Greeks argued, for individuals and for states is cyclical. As societies become more complex they become inevitably more precarious. They become increasingly vulnerable. And as they begin to break down there is a strange retreat by a terrified and confused population from reality, an inability to acknowledge the self-evident fragility and impending collapse. The elites at the end speak in phrases and jargon that do not correlate to reality. They retreat into isolated compounds, whether at the court at Versailles, the Forbidden City or modern palatial estates. The elites indulge in unchecked hedonism, the accumulation of vaster wealth and extravagant consumption. They are deaf to the suffering of the masses who are repressed with greater and greater ferocity. Resources are more ruthlessly depleted until they are exhausted. And then the hollowed-out edifice collapses. The Roman and Sumerian empires fell this way. The Mayan elites, after clearing their forests and polluting their streams with silt and acids, retreated backward into primitivism. As food and water shortages expand across the globe, as mounting poverty and misery trigger street protests in the Middle East, Africa and Europe, the elites do what all elites do. They launch more wars, build grander monuments to themselves, plunge their nations deeper into debt, and as it all unravels they take it out on the backs of workers and the poor. The collapse of the global economy, which wiped out a staggering $40 trillion in wealth, was caused when our elites, after destroying our manufacturing base, sold massive quantities of fraudulent mortgage-backed securities to pension funds, small investors, banks, universities, state and foreign governments and shareholders. The elites, to cover the losses, then looted the public treasury to begin the speculation over again. They also, in the name of austerity, began dismantling basic social services, set out to break th
thinkahol *

The Day the Middle Class Died - 0 views

www.readersupportednews.org/...-the-day-the-middle-class-died

Day the Middle Class Died MichaelMoore.com

shared by thinkahol * on 07 Aug 11 - No Cached
  • thinkahol * on 07 Aug 11
     
    From time to time, someone under 30 will ask me, "When did this all begin, America's downward slide?" They say they've heard of a time when working people could raise a family and send the kids to college on just one parent's income (and that college in states like California and New York was almost free). That anyone who wanted a decent paying job could get one. That people only worked five days a week, eight hours a day, got the whole weekend off and had a paid vacation every summer. That many jobs were union jobs, from baggers at the grocery store to the guy painting your house, and this meant that no matter how "lowly" your job was you had guarantees of a pension, occasional raises, health insurance and someone to stick up for you if you were unfairly treated. Young people have heard of this mythical time - but it was no myth, it was real. And when they ask, "When did this all end?", I say, "It ended on this day: August 5th, 1981." Beginning on this date, 30 years ago, Big Business and the Right Wing decided to "go for it" - to see if they could actually destroy the middle class so that they could become richer themselves. And they've succeeded. On August 5, 1981, President Ronald Reagan fired every member of the air traffic controllers union (PATCO) who'd defied his order to return to work and declared their union illegal. They had been on strike for just two days.
Ian Schlom

Statement of the IWA- Secretariat concerning the mobilizations against the present capi... - 0 views

www.iwa-ait.org/?q=node/151

labour capitalism Socialist anarchism Activism

shared by Ian Schlom on 04 Oct 11 - No Cached
  • Ian Schlom on 04 Oct 11
     
    Below is full text: For the International Workers Association (IWA) class struggle is not a theoretical abstraction but a fact in the daily lives of workers. Our way of organizing is expressed through democratic federalist structures based on recallable delegates. The IWA rejects class collaboration in all its forms. Works councils and other corporatist bodies based on social partnership are means of undermining class struggle. State funding is designed to undermine independent working class action and organization. For us the only relationship between worker and boss can be class struggle. And class struggle must grow until capitalism and the state is swept away by the solidarity of the international working class - to be replaced by the free federation of workers associations based on libertarian communism! In recent years the IWA has organized countless international campaigns in support of workers worldwide. The attacks come in many fields and in Spain by the various labour reforms, cuts in the pension system, reform of collective bargaining and social cuts. On September 29 , the CNT-AIT with other unions and social organizations will take to the street, in the process of building towards a general strike! It is in this anarchosyndicalist spirit that the IWA-Secretariat sends its greetings and support to the Spanish CNT-AIT and all workers who by self- activity, protests, direct actions and solidarity are engaged in the fight against the capitalist offensive! Oslo, September 27th 2011 IWA-Secretariat
Frank Schreiber

Health care legislation back behind closed doors - Yahoo! News - 1 views

news.yahoo.com/...us_health_care_overhaul

shared by Frank Schreiber on 14 Oct 09 - Cached
  • Both bills were written by Democrats, but that's not going to make it easier for Reid. They share a common goal, which is to provide all Americans with access to affordable health insurance, but they differ on how to accomplish it. The Finance Committee bill that was approved Tuesday has no government-sponsored insurance plan and no requirement on employers that they must offer coverage. It relies instead on a requirement that all Americans obtain insurance. The Senate Health, Education, Labor and Pensions Committee bill, passed earlier by a panel in which liberals predominate, calls for both a government plan to compete with private insurers and a mandate that employers help cover their workers. Those are only two of dozens of differences.
    • Frank Schreiber
      Frank Schreiber on 14 Oct 09
       
      I like the "Senate Health, Education, Labor and Pensions" Committee bill better! I don't see how we can do without competition 
thinkahol *

The Legacy of the Lodges: Mutual Aid and Consumer Society - 0 views

www.newformulation.org/4Laursen.htm

Legacy of the Lodges: Mutual Aid and Consumer Society

shared by thinkahol * on 12 Oct 11 - No Cached
  • thinkahol * on 12 Oct 11
     
    The basic purpose of the orders was to enable working people to pool their financial resources to supply each other with essentials that the state and the capitalists would not, including life insurance, pensions, cradle-to-grave medical care, and homes and schools for destitute family members. Members paid dues, usually modest, to support these services, which sometimes included their own hospitals, clinics, orphanages, and schools. And unlike private employers, the orders fought hard and usually succeeded in keeping their promises to their members even when times were bad.
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