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Why savers are getting screwed

Why savers are getting screwed

"Without the intervention of economic policymakers, interest rates would be naturally higher. That would increase the cost of borrowing for businesses and consumers, but there would be some offsetting economic benefits. Savers are getting screwed by the current monetary policy

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Geithner admits USA bankrupt to US Senate

Geithner admits USA bankrupt to US Senate

"Never in our history has Congress failed to increase the debt limit when necessary. Failure to raise the limit would precipitate a default by the United States. Default would effectively impose a significant and long-lasting tax on all Americans and all American businesses

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Real reason for electricity blackouts hitting southern US

Real reason for electricity blackouts hitting southern US

“Large oil companies have for a decade artificially shorted the gasoline market to drive up prices,” said FTCR president Jamie Court. “Oil companies know they can make more money by making less gasoline.” The following article was written by Paul Joseph Watson. He is t

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World economies on verge of currency revaluations to deal with debt

World economies on verge of currency revaluations to deal with debt

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford Basically what the world central banks are doing is increasing their money by devaluin

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Is Obama the next Mugabe of Zimbabwe?

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Greenspan: credit crunch “by far the greatest financial crisis”

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rusty old factory detroit

“When asked whether the hirings are a gamble based on the state of the economy, Marchionne smiled and said: “Don’t be so skeptical. It’s a good day. Enjoy it.” — Fiat Head

Chrysler Group LLC gave a big boost to the battered Michigan economy Friday when it announced plans to add about 1,100 workers to help build the new Jeep Grand Cherokee.

While this is good news for Michigan, there’s an important reason all those big foreign car companies opened manufacturing plants in the South: free of unions and paying slave wages, along with donating heavily to the political party of the day who want to ensure the rich pay no taxes, while the poor make products they will never afford. 14 bucks an hour does not even feed a family these days. How can anyone buy a house and educate their children on those wages?

That reason is they opened those factories in economically depressed areas of the States and and hired people whose idea of grand living is having enough money to pay the mortgage and hookup fees on their Winnebago, pay three or four rounds of alimony and get hammered on Jack’s at every occasion. They pay peanuts to people who get to feel like shopping at “Rent to own” is fantastic, because rent-to-own suits their “busy lifestyle.” While it’s depressing to see Chrysler hiring cut-rate employees, it’s good news to hear Chrysler is hiring at all.

” The company made the announcement at a Detroit factory as it celebrated the start of Grand Cherokee production. Chrysler said it expects strong sales of the new sport utility vehicle, which is due in showrooms next month. Almost all the workers will be new hires, which Chrysler can pay about $14 per hour, about half the hourly rate received by current workers represented by the United Auto Workers union.” Yahoo News

They can snub $14 per hour all they want to, but alot of people in states like North Carolina, Tennessee, and Mississippi, where unemployment is 11-14%, would be proud to do the job, and they would do it better that they do it in Detroit. Workers in the South are fully accustomed to making far less money that their yankee counterparts, and live much happier lives without being under the thumb of a union. In a way, the northern states have done it to themselves. Most automobiles built in America are Southern made now. The foreign companies didn’t come to Michigan, New York, or Illinois to have their cars built. They came to South Carolina (BMW), Tennessee (Nissan, Volkswagen), Georgia (Kia), Alabama (Mercedes, Hyaundai), and Kentucky (Toyota), and the list goes on. The South now has the biggest steel mills, shipyards, banks, and retailers.

Blame companies all you want. The Government takes a huge chunk of individual earners’ wages. So, don’t blame business, blame the Government with their taxes and regulations; taxes on everything you buy, taxes on your pay check. They even tax you when you make a private sale of a car, something they’ve already taxed and are taxing for the second time.

It is amazing that people whine when they think it’s corporations stealing all their money. To refute that, look at your pay check. Someone is blatantly stealing your money and pissing it away every day of every year. It’s amazing that so many people are outraged over companies. This is a fallacious argument because the people that allow companies to even exist is the Government. Your issue is with them!

“The stated plan was that different parts of the world would be assigned different roles of industry and commerce in a unified global system. The continued preeminence of the United States and the relative independence and self-sufficiency of the United States would have to be changed… in order to create a new structure, you first have to tear down the old, and American industry was one example of that. Each part of the world will have a specialty and thus become inter-dependent, he said. The US will remain a center for agriculture, high tech, communications, and education but heavy industry would be “transported out.” Dr. Richard Day to a meeting in March 1969 that American industry will be sabotaged and shown to be uncompetitive

“Washington is doing everything in their manpower, capability, to destroy U.S. manufacturing,” Farr said today in Chicago.

Many of these people who support the down fall of their own economy do not have a clue that they are next. Instead of bringing their standard of living up, the minority want to destroy our standards while the rich laugh thankfully at their ignorant employees in their blind lazy jealousy. There are the useless jobs such as banking, speculators , insurance, many forms of computer programming, and service industry jobs that produce no real things to be exported. Maybe one day people will realize how bad they screwed their kids with their stupidity about being jealous of the hard working and useful and productive industrial complex which is the foundation of any super power.

Is the US industrial base intentionally being destroyed?

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It is too bad many people think it is okay to destroy the middle class who work for a living in a job that actually produces something that people need and pays taxes for the welfare state. It is Shameful but no suprise as it fits the new school system of disrespect and complete fabrication forming a western jousrnalism full of capitalist political corrupt ideologies replacing world facts, and owned by a minority rich.

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This entry was posted on Monday, May 24th, 2010 at 12:21 pm and is filed under Deindustrialization. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

5 Comments

  1. May 24, 2010 @ 1:00 pm


    Don’t blame the businesses who, after paying those corrupt government officials off, move their manufacturing to lesser and lesser costly places to make it?

    It moved from the north to the south USA. Then, much of that went to Mexico. Then that went to China.

    Give me a break, if I don’t buy the argument that business is innocent.

    Crazy talk.

    Posted by BuelahMan
  2. May 24, 2010 @ 1:29 pm


    The article didnt have a pro busines bias. It was saying that government enabled the businesses to do as they please because the government is corrupt. Any time you get government you get corrupted politicians because power corrupts absolutely.

    Posted by Jason
  3. May 25, 2010 @ 2:07 am


    We are moving toward a Utopian Society.Americans that don’t want to work these types of jobs are able to pursue a more artistic lifestyle.I would imagine that some tremendous art and writing will emerge from this period.I just can’t help but wonder what are people doing for money?

    Posted by Down Syndrome Fetish
  4. May 25, 2010 @ 11:35 pm


    Syndrome, are you kidding? What artistic lifestyle? The lifestyle of a homeless vagrant smearing shit on the sidewalk? Is that art?

    The concept that “Americans don’t want that kind of work” is ridiculous. If you were starving, you’d work just about anywhere, no?

    You sound like a dirty communist who is probably very wealthy, very young, and have a silver spoon in your mouth.

    Communism is poverty and enslavement for the commoner.

    Posted by Jason
  5. May 26, 2010 @ 7:45 am


    @Jason: You’ll have to admit the quality of women becoming prostitutes has improved with the downturn.

    Posted by Down Syndrome Fetish

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