Sen. Fritz Hollings: They're All Against Jobs

[Truth2Tell]

http://www.huffingtonpost.com/sen-ernest-frederick-hollings/theyre-all-against-jobs_b_397405.html

Sen. Fritz Hollings
Former South Carolina Senator

Who is against jobs in the United States? The big banks, Wall Street, the Council on Foreign Relations, the Business Roundtable, the United States Chamber of Commerce, the National Retail Federation, Corporate America, the President of the United States, Congress of the United States. Everyone is crying for jobs, but no one seems to understand why there aren't any. And the reason for those opposing jobs is money.

Beginning in 1973, big banks made most of their profit outside of the United States. Industries off-shoring, investing, banks financing the investments, transfer fees, fees and interest on the loans made for bigger profits. Long since, the big banks under the leadership of David Rockefeller have led the way to off-shore and make a bigger profit. Goldman Sachs, AIG, Citicorp and Wall Street, conspiring for a bailout and now using it for bonuses, make more money from the off-shored operations.

The Council on Foreign Relations ought to be renamed the Council on Making Money. A recent PEW poll reported fully 85% of Americans said that protecting United States jobs should be a top foreign policy priority. But only 21% of the Council on Foreign Relations agrees. Financial interests organized the Business Roundtable to continue off-shore investment and profit. The local Chamber is for Main Street America, but Tom Donahue and the United States Chamber have sold out to the financial interests and oppose jobs and producing in the United States. Thirty years ago, hundreds of thousands of Arrow shirts produced in China were a best seller in the United States. But at Christmastime, the Chinese supply ran short and the retail stores had to order the same shirt from New Jersey. They made 20% less profit on the New Jersey shirt. Retailers are all for profit from imports and against domestic production and jobs in America.

Corporate America would fight any initiative by the President, the Congress, or the government to create jobs in the United States. That is, production that faces competition offshore. In globalization, U. S. production can't make a profit, can't survive. Its competition will off-shore the same article for a lesser price, putting you out of business. Moreover, Corporate America doesn't have to bother with labor in China. The China government controls labor and you don't have to worry about a work stoppage or minimum wage. All they have is a maximum wage.

http://www.huffingtonpost.com/sen-ernest-frederick-hollings/theyre-all-against-jobs_b_397405.html">Continued

[w4rma]

1. Former Sen. Fritz Hollings completely gets it and says it, here. Very informative read. (nt)

[Double T]

2. Jobs continue to leave the USA for slave wage markets around the world.

Jobs will be created everywhere BUT here. US workers who are also US consumers must revolt in the voting booth, the retail stores and take to the streets if necessary. Without revolution there will be no future for America.

[girl gone mad]

3. Well worth the read..

and I hope everyone will take the time to follow your link. The jobs issue is not going to disappear by next November, as I'm so frequently assured here.

[JDPriestly]

4. So who is Fritz Hollings?

Ernest Frederick "Fritz" Hollings (born January 1, 1922) served as a Democratic United States Senator from South Carolina from 1966 to 2005, as well as Governor of South Carolina (1959-1963) and Lt. Governor (1955-1959).

http://en.wikipedia.org/wiki/Ernest_Hollings

Wise man. Excellent article.

Does anyone know whether it is possible to get transcripts of Congressional committee hearings and Congressional proceedings from Fall maybe September through early November 1985? I remember hearing Congressional proceedings of some sort about trade.

One congressman or senator asked whether we wouldn't all be passing hamburgers to each other in the future. Of course, that is precisely what we are now doing: just passing hamburgers back and forth. There is no real production. Our children are not learning how to make things.

It is a huge myth that we will provide the creative ideas for the future. Creativity occurs when a person who knows how to do things -- make things -- create things also knows how to think about processes and can express his or her thoughts in an orderly, understandable manner. Our children are not learning to make things or do things. Playing soccer or video games will not make a person all that creative.

[DeSwiss]

5. K&R

[rockymountaindem]

6. Excellent n/t

[Jim Sagle]

7. I've read this before, but never in such plain English.

:thumbsup:

[Truth2Tell]

8. I know, his use of language is sparing.

To say the least. I love it. At age 87 he no longer wastes words. :)

[tonysam]

9. They want slavery

That's the ultimate goal of Friedmanism.

[Commie Pinko Dirtbag]

10. A gentle reminder: Fritz Hollings is the one who wanted to mandate copyright police hardware

in every bit of electronic equipment.

I'm glad he doesn't hold public office any longer. Orrin Hatch (another disgusting copyright Nazi) should go the same way.

More info: http://www.freedom-to-tinker.com/tags/fritzs-hit-list -- and Google is your friend.

[Truth2Tell]

11. Hollings was wrong about a bunch of issues in the Senate, IMO,

but he always spoke the unvarnished truth as he could see it. He was very very rare in that regard.

[Initech]

12. Finally someone has the guts to say it.

[Truth2Tell]

15. At least someone of his stature anyway. nt

[GoCubsGo]

13. I miss my Senator.

I have not been represented in Congress since he retired. All I have now are a bunch of jackasses who say, "Who cares what you think? Your way doesn't line my pockets."

[Truth2Tell]

14. A great clip of Hollings with Bill Moyers...

http://www.youtube.com/watch?v=y117Q3OW5D0

[eridani]

16. Can someone please explain to us Blue Staters--

--how come Red States used to have representation like this? McGovern was from SD, too.