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Edited on Sun Oct-09-11 10:02 PM by scentopine
"Oh, you simple people - don't you know the new pragmatic reality is that CEOs must make $37 million a year and another $15 million in bonuses with a %5 effective tax rate, with $0 corporate taxes and millions in rebates for outsourcing the jobs to Asia? It's the new global economy."
1. Asia has unregulated labor markets. You get sick, you get fired. Many factory workers live in shitty dormitories. Sexual abuse, brutality and corruption and indentured slavery are rampant.
2. EVERY fucking penny a CEO saves by going to unregulated markets in Asia end's up in pockets of a small percentage of executive staff - stock grants at ridiculously low prices, direct cash payments, laundering in form of vacation homes, jets, the list goes on and on.
3. About half the people in India and China live in horrible pollution, poverty, without clean water, electricity and they shit in a hole in the ground. Do you think these people are smarter than we are? Do you think their education system is better? Of course not. Their countries are a mess. They work for $5 a day. The quality is poor. No, it's worse than that. It sucks. But they make up for it in volume.
4. You want us to live like these people in China or India? Really? HOW ABOUT YOU GO TO INDIA AND WORK. It's that simple. Practice what you preach. If you think drinking filthy water and shitting in a hole in the ground, or in a river is the 3rd way - then go live in Bangalore, strangled with unskilled labor, sweat shops and poverty.
5. The reality is that CEOs do not have a right to strip mine workers in any country to support their decadent lifestyles. Colleges do not have a right to strip-mine students and saddle them with debt just to line the pockets of a few executives. The reality is that worthless MBAs are being cranked out - literal idiots who cannot do a damn thing without hiring some slave to do it for them. We have lost a generation of good minds to business school "revolution". They can't do a goddman thing to improve GDP.
6. Plunging the nation into poverty is a choice, a natural consequence of the criminal behavior of wall street CEOs. It is not a natural consequence of a "global" economy. It is a choice that Democratic and Republican leadership has made by not investigating and prosecuting Wall Street criminals, while passing "deregulation" that legalizes stealing. The new American innovation is figuring out how to rip off an old lady's tiny retirement account. These sons of bitches should be thrown in jail.
7. Wall Street built the slave economies of Asia by selling the US intellectual property developed by US WORKERS to Asia for pennies on the dollar. The Obama Admin has 3 wars to support. China finances our debt, in return we send them our jobs.
Spend 35 years watching Wall Street rip up every innovation from US workers and hand it over, almost for free, to Asian sweatshops, then come back and tell us all about how US WORKERS NEED TO BE MORE LIVE INDIANS AND CHINESE WORKERS!!! It's like the plantation owner telling us that the slaves need to get used to the new reality.
We are seeing the beginning of a new era of revolution. These CEO con-artists and their MBA chambermaids will be shut down. Right wing talking points such as the bullshit posted here will one day be ridiculed like the old soviet style propaganda during cold war. Not a shred of truth.
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