Really Dick? I think the wealthy are wearing our skins.
Really Dick? I think the wealthy are wearing our skins.
On Monday, the Census Bureau released a sobering new report on poverty and income in the U.S. The grim news: there's been very little income growth since 1997, and in recent years the number of people without insurance and living in poverty has risen.
While it's easy to pin much of the poor news on the high rate of unemployment, the reality is that the overwhelming majority of American adults in the workforce do have jobs — and are simply not getting ahead. A job today is less likely to come with good wages, and benefits like health insurance and pensions than it was in recent years. At a time when a great deal of attention is focused on how we can create more jobs, Paul Osterman, economist at Sloan School of Business at the Massachusetts Institute of Technology, says we should be worried about quality as well as quantity. "The quantity of jobs is important. But it's also important to care about how good those jobs are."
continue: ------------------------------> http://finance.yahoo.com/blogs/danie...120533091.html
Health insurance is a big problem for employers anymore. The days of affordable insurance is gone. Heck, even for only decent coverage with a high deductible is $1600/mo for family coverage. And for the people who say resident Obama's health care reform is socialist, how in the world can that be when it's run through the Giganto Insurance Companies? That is pure capitalism! The biggest problem in that respect is they gave the insurance companies too much time to screw their customers before the regulations take effect. See TARP - same for banks.
DragonlensmanWV N.A.O.L.
"There is nothing patriotic about hating your government or pretending you can hate your government but love your country."
The wealthy are taxed less then the last administration.
Half the 800B stimulus was tax breaks, most of the new jobs Stimulus is tax breaks for millionaires but not billionaires.
Volatility in the market is good for the wealthy, bad for the little guys.
American Corporations are currently holding 1.8 Trillion in banks, not needed for cash flow. (That's $6000 a person in this country)
Corporations in 2011 are averaging $15,000 profit per employee whereas 4 years ago were at $10,000 per employee and yet are still not hiring.
2009 per employee profit: $10,045.56
2010 per employee profit: $12.488.02 (+24%)
2011 per employee profit: $15,278.72 (+22%)
Maybe when they get to $20,000 per employee they'll hire more, Do your part and pay more in taxes to allow them to bestow their benevolence of job creation upon this poor country.
Anyone want to talk about the Solar Panel plant that got 500,000,000 in loan guarantees and just declaired bankruptsy? This just two months after de President visited the plant and said it was the future of the country? You might not think of this but this is about $ 1.50 to be paid by every man, woman, and child in the US. Or about $ 6.00 each for those who actually work for a living.
We might also mention that this project was turned down by the Bush administration for being unsound, but given a big shove by the present administration?
Chip
$1.50 a person for securing solar.
$5,000 a person for securing oil.
Tough choices.
Well, it obviously was a mistake. However, remember that even though the loan was not passed by President Bush, members of his team were all for it. And the company had many Republican backers too.
http://swampland.time.com/2011/09/03...reen-tech-bet/
Now, just to show us how unbiased you are, Chip, please tell us your take on Halliburton.
DragonlensmanWV N.A.O.L.
"There is nothing patriotic about hating your government or pretending you can hate your government but love your country."
DragonlensmanWV N.A.O.L.
"There is nothing patriotic about hating your government or pretending you can hate your government but love your country."
Everything I've read is that taxes are at a post ww2 low.
It sure would be less expensive to pay folks to work than not to work. Certainly a brighter future than living on the dole.The only ones who have not noticed that things truly sucketh are the welfare loungeabouts, illegal aliens and stumblebum winos. For them all is well and the future is bright; they are going to skin the wealthy and divide up the spoils.
Science is a way of trying not to fool yourself. - Richard P. Feynman
Experience is the hardest teacher. She gives the test before the lesson.
Mr. Garza:
Halliburton is the successor (same company as Brown and Root) whose principal stockholder was Ladybird Johnson. While she was in control, this was the only non-union drayage company in Texas and had exclusive contruction contracts for all air fields and roads and construction in Viet Nam. Some even say that's why the war lasted and was drug on so long until LBJ actually feared that violent revolution would take place in the US if he ran for another term.
Answer enough?
Chip
Glad to see I could count on you to ignore the over $2 billion in unbid contracts your guy, Cheney awarded to Halliburton.
http://www.halliburtonwatch.org/abou...hronology.html
How is that OK with you?
Oh, wait! I found NOTHING that had Lady Bird having anything to do with Halliburton.
Early history (as HOWCO)
In 1919, Erle Halliburton started the New Method Oil Well Cementing Company.[14]
In 1920, he brought a wild gas well under control, using cement, for W.G. Skelly, near Wilson, Oklahoma.[15] On March 1, 1921, the Halliburton “method and means of excluding water from oil wells” was assigned a patent from the U.S. Patent Office. Halliburton invented the revolutionary cement jet mixer, to eliminate hand-mixing of cement, and the measuring line, a tool used to guarantee cementing accuracy.[15] By 1922, the Halliburton Oil Well Cementing Company (HOWCO) was prospering from the Mexia, Texas oil boom, cementing its 500th well in late summer.[16]
In 1924, the company was incorporated in Delaware, with 56 people on its payroll. The stock of the corporation was owned by Erle and Vida Halliburton and by seven major oil companies: Magnolia, Texas, Gulf, Humble, Sun, Pure and Atlantic.[17]
In 1926, its first foreign venture began with sale of equipment to Burma and India.[18]
Throughout the 1930s and 1940s, Halliburton continued cementing across America.[16][19] In 1938, Halliburton cemented its first offshore well using a truck on a barge off the Louisiana coast.[18] In 1940, Halliburton opened offices in Venezuela and introduced bulk handling of cementing to the industry.[17] In 1947, the Halliburton first marine cementing vessel went into service.[15]
In 1951, Halliburton first appeared in Europe as Halliburton Italiana SpA, a wholly owned subsidiary in Italy. Over the next seven years, Halliburton launched Halliburton Company Germany GmbH, set up operations in Argentina and established a subsidiary in England. By 1951, HOWCO had service centers operating in Canada, Venezuela, Peru, Colombia, Saudi Arabia and Indonesia.[16] Halliburton revenues top $100 million for the first time in 1952.[16]
Erle P. Halliburton died in Los Angeles in 1957. HOWCO is at this time worth $190 million with camps all over the world. The same year, HOWCO purchased Welex, which pioneered jet perforation.[16] Otis Engineering, an oil field service and equipment company specializing in manufacturing pressure control equipment for oil and gas producing wells, was acquired in 1959.[16]
Guess I just can't believe anything you say.
DragonlensmanWV N.A.O.L.
"There is nothing patriotic about hating your government or pretending you can hate your government but love your country."
You had better Google Halliburton and LBJ. It was news to me too, although I can think of very few politicans who are not lying, thieving, immoral, <removed> (sorry- I've been watching Deadwood the last few weeks).
Science is a way of trying not to fool yourself. - Richard P. Feynman
Experience is the hardest teacher. She gives the test before the lesson.
Since post 29 the discussion has deviated to totally different subjects. Why not stick to subject ?
DragonlensmanWV N.A.O.L.
"There is nothing patriotic about hating your government or pretending you can hate your government but love your country."
A recession is defined as negative economic growth over a 6 month period, so, techincally we have not been in a recession for some time. We have been in a flatcession for at least 36 months here in my office, 36 months of flat gross sales, prior to this we were experiencing +10% growth year to year.
With respect to our current President, his administration and policies, the electorate missed the boat when he stated 5 days before election day 2008 that "we are 5 days away from FUNDAMENTALLY changing America". He should have been called-out and asked how he was going to fundamentally change the country. Elections have concequences, we need a more intelligent electorate.
Clinton Tower
The intellect to live free is in short supply
ALT248=°
I think this post has turned into a microcosm of whats wrong with this country......here we are fighting against each other......basically saying the same thing and getting nothing done..
The housing market has, indeed, imploded, thank you Mr. Bush. The stock market has recovered sustantially.
Wrong.
Even so, when Obama said that "if you're a … wealthy CEO or a … hedge fund manager in America right now, your taxes are … lower than they've been since the 1950s," he's close: Their tax rates are at or near the lows for the years elapsed since then.
That's because the weathy business owners and corporate executives are waging class warfare. Keeping unemployment high keeps wages low, putting more profit in the pockets of greedy rich people. Corporate American has huge cash reserves, they need to hire middle class workers. In this political atmosphere where the tea party is causing public sector workers to lose their jobs, ONLY the private sector can reduce unemployment.
The only ones who have not noticed that things truly sucketh are the wealthy. 'Taint welfare recipients buying jewelry.
...Just ask me...
Thanks for that great liberal analysis Mr. Obama or Mrs. Pelosi!!!
Here in Washington State sales are actually up significantly, especially in the Downtown Seattle area. Despite the gloom and doom in the media the economy is still growing steady, just very slowly. Some practices here are double what they were last year at this time. In Portland though people are up but not as much as Seattle.
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