Results 14 to 22 of 22
08-16-2012, 08:40 PM #14
See how Government Motors, run by Obama, is moving jobs and top level technology to China. The Left has the unmitigated gaul to claim Romney has caused jobs to go overseas all the while their pet project funded by our tax dollars in a bail out, has actually caused plants to close while setting the stage to dump all the US unions and screw them out of jobs and pensions as the assets are moved to China. We've ALL been screwed by Obama and our government.
08-16-2012, 08:47 PM #15Professional Member*
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- Dec 2010
08-16-2012, 08:48 PM #16
08-16-2012, 09:18 PM #17
Obama nationalized GM then gave 25% of it to the unions in payment for their votes. Once he suckered them in, his cronies he put in control began opening plants in China and moving cutting edge technology out of the country, which is against the law. Once they have themselves fully entrenched all the chinese have to do is tell the unions tough noogies and dump all US interests. The dopes in the unions will then see how they were suckered. Sorry Solarmike but yes it is Obama. He doesn't know enough about good business to open a lemonade stand. He is buying votes and building alliances that support his takeover of the US. Nice example of socialism at work. The little people get screwed while the select few live fat. The irony is, what the Left suckers their constituents to believe is so bad about the Right is exactly what they themselves are the most guilty of. That is the definition of the hypocrisy of the Left.
08-16-2012, 09:52 PM #18
08-16-2012, 10:15 PM #19Professional Member
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- Aug 2006
What he did not say—but what every auto worker and everyone who has followed Obama’s “restructuring” of the industry knows—is that the return of General Motors, Ford and Chrysler to profitability and the recouping of a fraction of the jobs that had been wiped out is based entirely on the abolition of decent wages and benefits. The basic wage scale is being cut in half and benefits such as pensions and health care are being gutted for the new generation of auto workers.
Wage-cutting on an unprecedented scale, the reduction of industrial workers to poverty—this is the key to Obama’s “economy built to last.” The plaudits for the speech by Trumka and King—who said nothing of wage-cutting—underscores a fact that must be grasped by workers fighting to resist this attempt to hurl them back to the slave-labor conditions that prevailed a century ago.
The support of the UAW and AFL-CIO (as well as the rival Change to Win union federation) for savage wage-cutting in the 2009 bailout of GM and Chrysler was not an aberration. The official trade unions fully support the destruction of the wages of their own members and the working class as a whole, and are determined to work with the corporations and the government to achieve that goal.FEN
08-17-2012, 04:44 AM #20
American Businesses have been moving and selling out to the Chinese long before Obams.
One thing I hate about politics is how people are convinced that all these problems are caused by the dims or the pugs.....when they are not.
Blame Bush, Blame Obama..... but government does what big business wants and big business wants to invest in China.
Romney is not going to do any more for the working man than Obama..... Romney will serve the interests of big business and industry...just the same as Obama. If Romney can cut peoples wages, take away their benefits...make it easier on business and industries bottom line.....he is going to do it.
I know a lot of you folks dont see it but its the truth.
If Romney wins the only thing that is going to change is that the dims will be putting the responsibility on Romney to pull us out of the ditch and the pugs will be blaming obama for putting us there.
We cant seem to get anywhere with the two party system...... you get the dims in office and they gut the previous admins work and do a half assed job of putting their own plans in action then the pugs win and you have them gutting the previous admins work and half assing their own solutions in...... and the cycle just repeats itself.
Parts changers....... thats what politicians are...... they just keep changing parts and dont fix anything........and we folks who get up everyday and beat our brains out and our bodies up at work are the ones paying the outrageous bills.Let go of my cracker jacks, If you dont Im going to have to beat you....... now then hand my captain crunch back over to me this instant.....or else !!!
08-17-2012, 06:50 AM #21Professional Member*
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- Dec 2010
Hearthman, i am right on this and Corny is right on this one. Ever since Nixon went in to China with pepsi, American business has been slowly moving in to the lowest wage environment on the planet. This isn't political. It is a failing of big business that free enterprisers don't want to talk about because to them that model is a perfect one.
If I was the head of a big corp and i had a choice to stay with $50/hr wages or go with $1/hr, it is a no brainer, even with the short term pain of having to move everything and train everyone. I would have to do it because all my competition is doing it and the shareholders are demanding I meet the streets demands, so I am under pressure.
The upshot is that wages here at home will come down and they will come down a lot to compare better to China. It doesn't matter who is in power because the only thing that can be done is to put up tariffs and we have to put up with a 5% more expensive widget........which we won't.....we have shown that cause we voted Walmart and the dollar stores in to the White House.....for the last 40 years.
08-17-2012, 06:56 AM #22Some of Canada's biggest insurance companies are turning their focus to Asia and the lucrative wealth-management business as they work to offset losses in their traditional markets due to persistently low interest rates.
Manulife Financial Corp. and rival Sun Life Financial reported second-quarter earnings that were battered by the impact of volatile equity markets and weak interest rates on their investments.
Each forecast low interest rates could cost them hundreds of millions of dollars in the next few years if rates stay where they are.
And each noted it would focus on expanding its footprint in Asia and growing asset-management businesses in attempts to reposition themselves in the low-interest rate economy.Never argue with a fool, onlookers may not be able to tell the difference. —Mark Twain