This will be a great event!!! Cant wait to finally meet the awesome Atlanta ladies I’ve been chatting with on Twitter!
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This will be a great event!!! Cant wait to finally meet the awesome Atlanta ladies I’ve been chatting with on Twitter!
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This comment, posted by Martin of New York, was in repsonse to Bob Herbert’s May 9th article on the fall of the US Economy. Martin has articluated beautifully exactly what I also feel and so i felt it was worth sharing here.
“The American economy had a great fall like Humpty Dumpty. The problem is that all of Obama’s horses and all of Obama’s men, like Geithner and Summers are trying to put the economy back together again, but I fear that they will have the same fate as their counter parts in the nursery rhyme. Economists who said that the stimulus was too small are going to be proven correct. The social safety net for citizens in America in times of crises is minuscule, stingy and insufficient, when compared to those in Europe and Scandinavia.
In addition, when you compare the cost and availability of higher education to the masses in those parts of the world as compared to ours, it is enough to make one’s blood boil. The problem is that most citizens don’t take the time to investigate these facts and fall prey to the Republican baloney about socialism. The poor and the middle class have been political orphans in America for decades. The Bush administration orchestrated a social revolution in America by transferring massive amounts of wealth to the upper classes. America would have been turned into an oligarchy except for the fact that Wall Street got drunk on greed because the economic circuit breakers were removed in their unregulated world, and the whole thing blew up in their faces.
Obama had said that crises presented new opportunities for change. However, his response to the banking crises was another massive transfer of taxpayer wealth to the same class that caused the crises, after having already benefited from the social revolution engineered by Bush and Cheney. The social safety net in America is reserved for its bankers, while the rest of us wait for left overs. This is the opposite of what happens in other parts of the world. Failed banks should have been nationalized until they were healthy enough again to be re-privatized. The main thrust of the economic recovery should have been geared to mitigate the massive job losses that we now see and will continue to live under.
From what I have observed, Obama is not much of an agent of change. He appears to want to put our economic Humpty Dunpty back together again just as it was, with maybe the erection of a larger ledge on the wall so it won’t fall over again. The welfare of the bankers came first, the welfare of the poor and middle class second. This is not change I can believe in. It is more of the same. The extended unemployment benefits, and the retraining programs now offered are scraps thrown to a dog at the dinner table when compared to those in Europe and Scandinavia. That is why Obama was rebuked by those countries when he requested that they initiate a stimulus plan in their own land. He should try practicing what he preaches in America, before he lectures Europeans on their responsibility towards their citizens.
As long as America puts the needs of Wall Street and bankers above those of the middle class and the poor, we will continue to decline as a nation and as a people. Wall Street values have made us a beggar and debtor nation whose main manufacturing bases centers around the production and sale of weapons. This is not something to be proud of.
I believe that if we put the needs of ordinary citizens first and bankers second, we would make wiser decisions about our economy, health and education systems, energy and foreign policy. We would also not use jails as our main instrument in dealing with our social problems. Greed is not a good social motivator, and wealth should be a consequence of societal planning that is based upon the common good. Americans should ask themselves why our neighbor Canada has not had an economic meltdown like us.
I think Obama is missing a real opportunity to bring foundational change to America. If he caves on a single payer health care option, I will know that he was not really serious about his campaign rhetoric. Imagine a society that made decisions based upon the common good for the majority of its citizens. What a novel idea. There once was a nation like that. It was called America.”
Posted in Financial Crisis, Job losses/ Decreased Wages, Politics, The economy | Leave a Comment »
I was reading an article in the NYTimes discussing how Obama has not much knowledge of the auto industry and I thought, yes that is true. The article went on to focus on the fact that he is being most closely advised on this issue by Geithner and Summers, two Wall Street corrupt cronies. I am extremely concerned about these two being attached to Obama’s hip. And so, apparently was the man whose comments to the article I am posting below:
For eighteen months I supported the election of President Obama. Seeing him as a postiive leader and elated that we had come to the point of being color blind in an election. I cut off communciation with three sets of first cousins who I chastised for their ignorant and racist intolerance.
Traveling from Florida to Grant Park for the victory celebration was my greatest moment in eight long years. I spent over three hours speaking to a man and his mother who had traveled from Scotland to witness this historic moment. I did not know until the end of the evening that he was a journalist at one of thier most noted newpapers. He wrote in his article that a 61 year old man who traveled from Florida got down on his knees and cried for joy as the election resutls were final.
I am a social worker by training, with an empahsis on organizational development and have been a business consultant for many years. Being raised and spending most of my life in Detroit, I have strongly rooted sentiments for the auto industry. Watching the lack of quality and obsolence of vehicles in the 70’s and 80’s, I marvel at the engineering and quality that is prevasive in the US auto’s today. I test drove many SUV’s over a year ago and purchased a Suburban, over many other high end foreign models. The value, safety and quality was what determined my choice. This is the same vehicle that our President and most top Washington folks are carted around in.
My deep understanding of business is that you use management by planning, not management by results….you do A and you get B…you do not do A..then you get C…the boot. I have written to Obama on several occassions since the termination of Wagoner and the edicts to turn things around in 30-60 days. I have suggested that if he is such a voracious reader that he gets a copy of Four Days With Dr. Deming…the first two thirds of this book is my business bible. I had the opprotunity of taking a close circuit course from Dr. Deming in 1992 and learned from this busines guru a philosophy of what business should be about. It is about careful plannig. It was what Deming taught Japan about. It is not about instilling fear to bring about change.
Now I am preplexed each time I see Obama on TV. I have become acutely aware that there is group think by those that surround him, just as there was in the Bay of Pigs Crisis with Kennedy to support our commander in chief, just as we did in what was one of our major political blunders in modern times.
The auto industry had made mistakes, but were turning things around. You do not bring about chagne by forcing a company to reinvent itself over night when the major part of the problem was that people were not buying cars, because the credit institutions and lines had just gone defunct. The mantra of the country was to get rid of the heads of the auto industry who flew in corporate jets….they did so as it made the best use of their time and allowed them to work while traveling. Obama should have supported them and the unions and realized that we cannot afford to let our industrial base go bankrupt. How do we justify taking awasy pay, dental and vision benefits while our president parades around a puppy that costs $1,500 dollars? This was after he had stated they would get a rescue dog.
This country should have made it more popular to get the same pay and benefits for the workers in our Southern states who are working for lower wages and benefits…the playing field should be equal. Instead we are destroying our industrial base and the middle class. In his book,This Noble Land: My promise for Amretica, the late James Mishner wrote that we must narrow the gap between the haves and have nots if we are to survive as a community. I do not see breaking the backs of our orgainzed labor as a step in the right direction. If Hoffa were alive he would have unionized the workers in the South.
The repercussions of what Obama has and is about to do to the auto indutry will be viewed later as the nemesis of his presidency. In a press conference that was held a few weeks into his term, a reporter asked him if he was being viewed at times by his race and he responded that was true for his first day in office and from that day on only on his actions and deeds. I agree completly and look forwrd 2012. In the interim Carl and Sandy Levin along wiht Governor Granholm, should be right at the front of a March on Washington by organized labor that will show the world that this government has errored in their lack of support and has put their reputation for establishing a no tolerance approach to buinsess that should have had relentless support. You do not bail out banks and insurance companies that deliberaltey stole from us and then throw out the workers of this country.
Alan Barnes
Highland, Michigan
— Alan Barnes, Higland, Michigan
This man has said exactly, in a very thoughtful way, all the things I feel about the autos, the administration, and their handling of this issue. Thank you, Alan Barnes.
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Article in the NYTimes today about unannounced layoffs and the WARN act… Companies are laying white-collar workers off in smaller numbers so they can do say without giving them notice. We as workers have no rights left in this country anymore. I think all this is appalling. Companies are using this as an excuse to cut workers, reduce pay, benefits, retirement, etc. and they wont ever bring it back once the recession is over. And yes, I am SICK of helping companies that arent hiring Americans anymore.
The unemployment figure in this country is a JOKE. You mean to tell me that we were losing over 600,000 jobs per week in Feb, but somehow we only lost 690,000 for the whole month? Where did we create those other jobs? yeah right, those other people are probably no longer collecting unemployment. And what about the part time workers and the ultimate small businesses…the self-employed. they are never counted if they are out of work. Our unemployment rate has got to be at about 20% at least.
These companies are snakes…how do they think they are going to survive if Americans can no longer buy their stuff? you think those “middle class” workers in China and India will buy the cars, computers, ipods, etc? Hate to break it to you, but the media is stretching it a bit…the middle class in those countries is still insanely small (1 or 2%) and most arent able to buy the stuff.
Thats one of the reasons automakers pay their workers more (even the foreign ones that come here do this) so that their workers can actually buy the things they make. If this fails to be the case in this country, ie. we all work at Wal-Mart for $8 an hour, this country as we know it is finished and we are headed for third world status.
I’m ready for a worker revolution. How can we do it?
Posted in Financial Crisis, Job losses/ Decreased Wages, Politics, The economy | Tagged bailout, economy, Financial Crisis, free trade, higher costs of living, IBM, New York Times, recession, regulation | Leave a Comment »
I support HR-676…a full extension of Medicare to cover ALL American citizens. Check out the details, as proposed by Rep. Conyers of Michigan, here:
I will be back to discuss more details on this soon.
Posted in The economy | Tagged economy, Health Care, Health insurance, Health insurance companies | Leave a Comment »
“ John Smith started the day early having set his alarm clock
(MADE IN JAPAN ) for 6am .
While his coffeepot (MADE IN CHINA ) was perking, he shaved with his electric razor (MADE IN HONG KONG ).
He put on a dress shirt (MADE IN SRI LANKA ),
designer jeans (MADE IN SINGAPORE )
and tennis shoes (MADE IN KOREA )
After cooking his breakfast in his new electric skillet (MADE IN INDIA )
he sat down with his calculator
(MADE IN MEXICO ) to see how much he could spend today.
After setting his watch
(MADE IN TAIWAN )
filled it with GAS
(from Saudi Arabia )
to the radio
(MADE IN INDIA )
he got in his car
(MADE IN GERMANY )
and continued his search for a good paying AMERICAN JOB.
At the end of yet another discouraging and fruitless day checking his
Computer
(Made In Malaysia ),
Joe decided to relax for a while.
He put on his sandals (MADE IN BRAZIL )
poured himself a glass of wine
(MADE IN FRANCE )
and turned on his TV
(MADE IN INDONESIA ),
and then wondered why he can’t find a good paying job in AMERICA .”
I think we know what the point of this story is. Competition is good, but it needs to include American competition. Lets get our act together.
Posted in Financial Crisis, Job losses/ Decreased Wages, Job losses/Decreased wages, Politics, The economy | Leave a Comment »
This post is based on this article from the New York Times about a loan for a merger between GM and Chrysler: http://www.nytimes.com/2008/10/31/opinion/31fri1.html
Well, my whole family is tied up in the auto industry, indeed it enabled my parents provide the kind of life for my brother and I that they did not have.
GM does make cars that people want and the cars are an infinitely better quality than they were. GM suffers from a PERCEPTION problem. But if you notice in China-GM is the leader of pack, recognized for quality, design, comfort, performance and value. Short-sightedness has plagued most large Western companies FOREVER. our culture is based on instant gratification. Rick Wagner, however, has seen beyond some of this and his apporaches in China, Europe and the Middle East will allow him to raise the capital needed to invest in the restructuring of North American plants, cars, design, etc.
Toyota and Honda, in my opinion, have fared so well because their culture is one of much more longer term views and actions. However, Toyota jumped on board the truck and SUV bandwagon as well and they are starting to realize that being “all things to all people” can really affect your quality. Welcome to GM’s world, Toyota.
As I recall, Chrysler did VERY well with a government loan some time back. GM has proved, with the Volt, Cruz, etc., that it is serious about energy efficient automobiles. I love my Cobalt-its a great car and it was built in Lordstown, Ohio, where my mom and stepdad both work. Its a pride thing.
If we want to help companies in this country to compete globally as they must, we need to have government health care. Toyota, Honda, VW, BMW, Mercedes, Daimler, etc. do not have health care costs on their books because the governments pay for it. Until we identify some of the real, underlying reasons why our companies struggle, we will not tackle the problem.
Posted in Job losses/Decreased wages, Politics, The economy | Tagged Chrysler, Daimler, Detroit, Ford, GM, government loans, Honda, Lordstown, Mercedes, merger, New York Times, Ohio, Rick Wagner, Toyota, universal health care, VW | Leave a Comment »
This article is a must read! http://www.nytimes.com/2008/10/30/us/30insure.html
Thank you, thank you New York Times and Robert Pear!!!! I am soon to be 24, have a job with a very small company and have had to take out individual care. I did so through Kaiser Permanente and am on an HMO. They sent me a PDF file with the rates for women and men and the age ranges for the monthly premiums…they werent even trying to hide the discrimination!
I am perfectly healthy with no pre-existing conditions and my monthly premium is $193 while the male premium was around $100. This is absolutely insane! So my yearly premium is around $2400 dollars, $1000 deductible, $2000 Out of pocket, $200 deductible for prescriptions, I have co-pays (which prices vary between regular and specialist doctors) and if I were to get pregnant (of which I have NO intention) I have maternity costs of $1000.
So $3600 a year (and I understand this is at most, but one visit to the hospital for a few days would definitely cost this)….this is 13% of my salary (before taxes). This is completely absurd-our taxes would not go up by anywhere close to that to have National Health Care!!!!! Also, preventative care leads to lower costs overall, but women are being discouraged from taking care of themselves. Many people dont want the “government to take care of us” but WAKE UP people! These health insurance companies arent taking care of you!!!!!
I am appalled at the cost, its not health insurance my goodness, insurance is supposed to cover you…you’re on your own with health insurance. Especially if you have any pre-existing condition, which I guess I do since I have the ability to reproduce. Last time I checked, this wasnt China and we didnt need population control. I cant think of a more effective (and not physical) way of discouraging people from having babies. Population declines are extremely dangerous for societies…look at Western Europe and Russia.
Equal premiums…(or better yet none at all and universal health care) and health insurance companies need to stop raping us!
Posted in Financial Crisis, Politics, The economy, Voters | Tagged Health Care, Health insurance, Health insurance companies, Kaiser Permanente, New York Times, Premiums, Reproductive Rights, Robert Pear, universal health care | Leave a Comment »