What a heart warming story. The CEOs of the biggest corporations in America, like Obama Jobs Czar Jeff Immelt, have the balls to act like the US Corporate tax rate of 35% is too high, even though they only pay 18%. They peddle the false storyline that they are the driving force behind the U.S. economy, when the facts prove they have fired Americans and moved the jobs overseas for the last decade. They have gutted the U.S. economy and now use their puppet politicians in Washington DC to demand a 5% tax rate for the profits they have sitting overseas. Bush allowed this to happen during his reign of error. The corporate CEOs declared it would lead to more jobs in the U.S. It led to more jobs in Shanghai and massive bonuses for the CEOs.
The Republican Party is completely captured by these Mega-Corporations. The Democrats play the game, but they are just as captured. Remember what Mitt Romney said, “Corporations are people too.”
The facts are right before your eyes. This country has been destroyed slowly but surely by the greed and avarice of the biggest banks and corporations in this nation. To deny these facts, is to deny reality.
U.S. Firms Keen to Add Foreign Jobs
By DAVID WESSEL
U.S.-based multinational corporations added 1.5 million workers to their payrolls in Asia and the Pacific region during the 2000s, and 477,500 workers in Latin America, while cutting payrolls at home by 864,000, the Commerce Department reported.
The faster growth abroad was concentrated in emerging markets, such as China, Brazil, India and Eastern Europe, according to economists Kevin Barefoot and Raymond Mataloni, of the U.S. Commerce Department.
U.S.-based multinational corporations added 1.5 million workers to their payrolls in Asia and the Pacific during the 2000s, and 477,500 workers in Latin America, while cutting payrolls at home by 864,000. David Wessel has details on The News Hub.
“Judging by the destination of sales by affiliates in those countries,” the economists wrote in a recent survey, “the goal of the U.S. multinational corporations’ expanded production was to primarily sell to local customers rather than to reduce their labor costs for goods and services destined for sale in the U.S., Western Europe and other high-income countries.”
The data show the dramatic changes in the nature of globalization during the past decade, when U.S.-based multinationals concentrated their growth opportunities abroad. And it is likely to become fodder in the political debate over U.S. and foreign corporate tax codes and policies aimed at encouraging companies to produce more jobs at home.
The newly released data also show that while American companies still do the bulk of their capital investment and research-and-development spending inside the U.S., an increasing share is being done abroad.
The multinational companies, for instance, reduced capital-investment spending in the U.S. at an annual rate of 0.2% in the 2000s and increased it at a 4.0% annual rate abroad. Still, they allocated $2.40 in capital spending in the U.S. for every $1 spent abroad.
Among companies in industries outside of finance, 57% of overseas hiring between 1999 and 2009 took place in Asia. The firms added 683,000 workers in China, a 172% increase over the decade, and 392,000 workers in India, a 542% increase. Another 18% of the overseas hiring occurred in Latin America.
Overseas, U.S.-based corporations still employ more people in Europe than in any other part of the world. Most of the hiring during the 2000s took place in lower-wage countries in Eastern Europe.
![[MULTINAT]](http://si.wsj.net/public/resources/images/EI-BP410_MULTIN_NS_20111121144503.jpg)
The companies cut 14,700 workers in Germany during the decade and added only 8,700 in France, while increasing their payrolls in Poland by 135,500 and in Hungary by 53,700.
The U.S.-based multinational companies employed 23.1 million workers in the U.S. in 2009 and 10.8 million in majority-owned affiliates in other countries, a total that doesn’t reflect millions more employees at unaffiliated overseas companies from which U.S. companies make large purchases.
Between 1989 and 1999, U.S. -based multinationals, both financial and nonfinancial, added 4.4 million workers in the U.S. and 2.7 million workers overseas.
In the 2000s, as the government reported in April, the firms cut their work forces in the U.S. as they expanded them abroad. The latest data show that the firms cut 864,600 workers in the U.S. between 1999 and 2009 and added 2.9 million workers abroad.
The Commerce Department’s Bureau of Economic Analysis does a benchmark survey every five years to pick up multinational companies it has overlooked.
The update for 2009 turned up multinational firms with large U.S. work forces that weren’t included in the preliminary data released in April. The earlier data showed that U.S. multinationals had cut 2.9 million workers in the U.S. in the 2000s and added 2.4 million abroad.
Much of the overseas investment and hiring by U.S. multinationals has been in the service sector and other industries outside manufacturing. Among U.S. multinational firms in manufacturing, about 60% of employment is still in the U.S. But the manufacturers cut their U.S. payrolls by 2.1 million in the 2000s and added 230,000 workers overseas.
In all, U.S. multinational manufacturers employed 6.9 million workers in the U.S. in 2009 and 4.6 million abroad.
Stucky says:
453,300 workers in India …. and not one of those motherfucking dot heads could answer the question, ….. “What are you going to do about the fraud on Ms Freud’s Master Card?” !! Useless bastards.
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22nd November 2011 at 1:14 pm
Stucky says:
The official OWS site is calling for a TOTAL WEST COAST PORT SHUTDOWN on 12/12.
THAT should fuck up some mega-corporations! LOL
From their web page ———– “Occupy Oakland calls for the blockade and disruption of the economic apparatus of the 1% with a coordinated shutdown of ports on the entire West Coast on December 12th.”
I guess the 99% won’t be affected whatsoever by ths action. Brilliant logic. If you understand it, lemme know.
.
http://occupywallst.org/article/occupy-oakland-calls-total-west-coast-port-shutdow/
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22nd November 2011 at 1:24 pm
Stucky says:
453,300 workers in India …. interestingly enough, that’s the amount of minutes I was on hold trying to get to speak to just one of them.
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22nd November 2011 at 1:26 pm
newsjunkie says:
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22nd November 2011 at 1:44 pm
bluestem says:
But Stuck, if you had used your Discover card you could have talked to “Peggy” in the Arctic. You would not have been on hold so long either. John
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22nd November 2011 at 1:44 pm
AWD says:
Corporations had better move jobs and markets overseas, because pretty soon nobody will have a job in the U.S. and won’t be able to buy their products any longer.
It’s okay though, so people like the stuckenriceburnerdriver can have their free markets and buy as many foreign products as their credit cards will allow.
Open markets are only open in the U.S. Every other country that has gotten our jobs are NOT open markets, they keep what few products we do produce OUT. So, U.S. multinationals build factories there to get access to their markets, which is complete bullshit. Meanwhile, our jobs and manufacturing are gone, baby, gone. How’s that service economy thing working out? You say you can’t even get a McJob at Mcshits? Too fucking bad, at least you can buy a Toyota on credit.
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22nd November 2011 at 2:42 pm
Stucky says:
AWD
Why don’t you find another hobby besides riding my ass?
Hey, since you’re so Patriotic, here’s a message for you …
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22nd November 2011 at 2:49 pm
Stucky says:
Besides that, Mr. FuckingKnowItALL, I have ZERO credit cards. Ms. Freud has two and they are paid in full each month.
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22nd November 2011 at 2:51 pm
Stucky says:
AWD’s trip to Walmart always ends like this;
.
I LOVE my rice !!!
.
How AWD sees Jesus
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22nd November 2011 at 3:03 pm
Administrator says:
Do we have an epic Stuck vs AWD smackdown coming?
Smokey and Davos left after the last smackdown.
I thought I could lure Smokey out of his bunker with my Kyle Bass post. But the cur wouldn’t bite.
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22nd November 2011 at 3:06 pm
Stucky says:
A fat phuck American geting ready to buy a Honda.
AWD’s best friend.
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22nd November 2011 at 3:13 pm
Yojimbo says:
I hope people bought the fucking dip in metals, cause it looks like it’s on its way up.
{Damn. There’s nothing harder than the it’s/its grammatical rule. But I think I got it right.}
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22nd November 2011 at 3:18 pm
AWD says:
I just like irritating Stuckenhypertension, because it’s so easy.
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22nd November 2011 at 3:27 pm
KaD says:
Yojimbo: if you can use “it is” in the place then the proper one is “it’s”; if you can’t replace with “it is” then use “its”.
ei: The dog loves its toy. You can’t properly say “the dog loves it is toy” so you know to use “its”.
ei: It’s a beautiful day. It makes sense if you say “it is a beautiful day’ so you know you’re okay using “it’s”.
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22nd November 2011 at 4:06 pm
llpoh says:
Admin – Davos came back so the wounds I inflicted were not terminal (plus he started it.). Plus it was in good fun. But I think Stuck is about to get heavy on AWD’s ass. Oh boy – popcorn time!
AWD – you said “Every other country that has gotten our jobs are NOT open markets, they keep what few products we do produce OUT. So, U.S. multinationals build factories there to get access to their markets”.
This is somewhat true, but not entirely true. The fact is, a lot of the stuff they produce overseas they send back here. Largely, they go overseas in order to source cheap labor. American labor – unskilled labor – is expensive.
Again, let me put out the situation for which I cannot come up with a solution. To operate in the new world of technology at a reasonable level requires brains/education/training. If you consider that the average American has an IQ of 100, and 1/4 of Americans have an IQ of less than 90, and a great many of these folks are very poorly educated even allowing for their modest intellects, JUST WHAT THE FUCK VALUE CAN THEY ADD in the new reality? The answer is that these folks really are not even capable of running current tech machines. They are destined to become service providers – McD’s for instance – at best. They simply cannot add value any other way that I can see. The only possibility for them to acquire appropriate skills would be to provide them a much superior education than they currently get – OVER A MUCH LONGER TIME – say 16 – 20 years. And what is the possibility of that happening? ZERO. ZILCH. NADA.
But that said, the US has some of the lowest tariffs in the world. This link has some general info. Also, it has some great info on government expenditure by country as a percent of GDP.
http://www.heritage.org/index/explore?view=by-variables
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22nd November 2011 at 5:19 pm
Drowning in Parasitism says:
“The data show the dramatic changes in the nature of globalization during the past decade, when U.S.-based multinationals concentrated their growth opportunities abroad.” – David Wessel
Former “World Bank” President and Chief Vampire James Wolfensohn Makes Stunning Confession (Globalists’ Takedown of U.S/West and Elevation of East by Design)
The former president of the world bank, James Wolfensohn, makes stunning confessions as he addresses graduate students at Stanford University. He reveals the inside hand of world domination from past, to the present and into the future. The speech was delivered on Jan. 11th, 2010. The next 19 minutes may open your mind to a very calculated orchestration.
He tells the grad students what’s coming… a “tectonic shift” in wealth from the west to the east, but he doesn’t tell the students that it is HIS institution “The World Bank” that’s implementing these changes.
Wolfensohn’s own investment firm is in China, poised to profit from this “imminent shift” in global wealth:
http://www.youtube.com/watch?v=mOwZwkhFemQ&feature=player_embedded
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22nd November 2011 at 10:27 pm
llpoh says:
Damn, I hate to post a well-thought out, and imflammatory piece and find the thread nearly abandoned. At least Drowning is still around.
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22nd November 2011 at 10:50 pm
Colma Rising says:
Hey llpoh:
MCES
Free traitors complain about a lack of engineers and mathematicians and pass up many, at least ones I know, with some H1b labor… talk about pinky rings and cigarettes!
Fuck ‘em.
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22nd November 2011 at 11:17 pm
llpoh says:
Dammit Colma – you will have to translate that shit.
MC = mega corps? To an extent they do eat shit. But they are acting in a rational way – they are maximizing profits. Tariffs need to be applied equally. However, protectionist tariffs will not benefit the US much, if at all, in my opinion.
It is the cost of labor that is forcing them to flee. Both skilled and unskilled labor is cheaper overseas. Much cheaper. And often they can get skilled labor for a fraction of the cost of unskilled labor. So it then becomes adios, America, hola India/China/wherever. We need a level playing field, but that will not resolve the issue of what to do with al of the unskileed labor on our hands in the Western World.
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22nd November 2011 at 11:33 pm
Colma Rising says:
Sure, companies are fleeing… basically to shit-holes where a totalitarian regime keeps the quality of life sub-standard, even by Mexican standards, for most of their people.
I don’t know if that’s a good long-term or even a medium-term plan.
It sure doesn’t seem too efficient, for the moment.
Either way you look at it, unless you’re long beans and rice, the American market’s fucking doomed to price collapse.
You can purchase rubber dog shit on credit for only so long…
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22nd November 2011 at 12:21 am
AKAnon says:
llpoh said: “Damn, I hate to post a well-thought out, and imflammatory piece and find the thread nearly abandoned. At least Drowning is still around.” I may not be posting much, but I’m still lurking. Someone needed to give you a thumbs up for that rant on US labor.
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22nd November 2011 at 12:39 am
ecliptix543 says:
Alrighty then, Mr. Llpoh… I’ll bite! You proclaim:
“Again, let me put out the situation for which I cannot come up with a solution. To operate in the new world of technology at a reasonable level requires brains/education/training. If you consider that the average American has an IQ of 100, and 1/4 of Americans have an IQ of less than 90, and a great many of these folks are very poorly educated even allowing for their modest intellects, JUST WHAT THE FUCK VALUE CAN THEY ADD in the new reality?”
I have this solution you seem so loathe to comprehend. The value they can add is as apprentices. You seem to think that the lack of educational acumen is the core issue, no? I would offer that even sub-100 IQ individuals can add tremendous value over time if they are allowed an opportunity to learn a trade in a supportive environment. (NOT the school system. I’m not even going to argue about our pathetic education system as you and I probably agree on the results, even if not the solution. We’ll save that one for another thread with more life left on it…)
The New Reality you speak of is not what we have now, as you seem to think. It is what we will have when this global trade and currency collapse is complete in a decade or so. That reality will be one of enormous and highly volatile costs to transport goods over any appreciable distance, so much so that labor costs will finally take a back row seat in boardrooms throughout the land. Production will, by necessity, return if we are to have any goods at all with which to survive and trade. My question to you is this: Is it better to maximize profits now by casting aside millions of potential tradespeople (your current position), OR, do what it takes now to position your organization and its workforce to have a surplus of skilled, loyal tradespeople in a decade – even if that means scraping by on a thinner margin in the interim?
Most people, even the total dumbasses, overwhelmingly really want to do a good job if they are properly (positively) motivated and allowed to exist in a dynamic work environment in which they are encouraged to advance themselves. Treating individuals as little more than disposable equipment is what produces the poor quality, hateful work environments. Why go the extra distance for your employer if the company still only sees you as your ‘man number’ and your ‘widgets-shipped per shift metric’? Of course people are going to demand higher wages. It’s called The Bullshit-To-Paycheck Ratio. Higher bullshit, higher paycheck required to put up with it. Lower the bullshit and… SURPRISE SURPRISE!!! You’ll find most anybody of any intelligence will magically become a value-adding asset to the company. Go figure.
**This is meant to be a statement of debate about the theory in question, not an argument. Our truce has not been broken, as you specifically complained about the lack of response to your inflammatory post. Since we always have such interesting and divergent views on this issue and will never actually agree on anything in this matter, it should be entertaining to pursue this line of thought.**
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22nd November 2011 at 11:36 am
llpoh says:
Ecliptix – with all due respect, I of course disagree. I come from the position of reality, and to me you come from the position of what would be great to have.
Apprentices? Fuck me dead – you think we need millions and millions of apprentices – effectively half the population? I know from apprentices, my friend. And average and low IQ apprentices/tradesmen just do not cut it. No fucking way.
You say “Most people, even the total dumbasses, overwhelmingly really want to do a good job if they are properly (positively) motivated and allowed to exist in a dynamic work environment in which they are encouraged to advance themselves. ” I have managed thousands and thousands of employees and I can tell you on the whole that is simply not true. It sounds great – but it is fairyland stuff. Plus just where do you expect to find these wonder-managers to properly motivate them? The mere fact that you say “if properly motivated” proves you all too well know it is not true. If they want to do a good job, they do a good job, and don’t need external motivation. But the fact is they want to do nothing, and want to be paid for doing it.
Additionally – it is hugely expensive for a business to train apprentices. Hugely. If it was a great deal then they would do it. The reality is that in the first year or two, you are paying not only the apprentice for doing nothing of value, but you also lose a good percentage of a skilled employee that is dedicated to training them. The cost to a small business, or any business is in the tens of thousands of dollars per year in the first years. In later years you are lucky to break even. And then you have the risk that they leave immediately upon finishing their apprenticeship. And you get zero out of it for your $100ks of investment. Also, upon finishing their apprenticeship, they want to be paid their market rate (who wouldn’t?!). And so a business NEVER recovers its outlay on trainng them. The only reason a business has apprentices these days is if it is ENTIRELY essential to the running of the business, and the business has a reasonable chance of retaining them afterwards.
You also mention scraping by on a thinner margin – small business cannot scrape by for long. I cannot afford to carry excess people on the payroll. Each excess person costs me in the neighborhood of $100k per year to carry. Small businesses do not carry that load. And if I carry excess, the first downturn puts me out of business. To suggest business carry excess people is pie-in-the-sky rainbows streaming out your ass stuff. It is easy for someone not running a business to advocate this, but when it is your business and your money and your house on the line, it is not likely to be the decision taken. I guarantee I do not carry excess staff for very long at a cost to me personally of $100k per yer each.
You also talk about “loyal’ staff. Bwahahahahahaha! ‘Nuff said.
I mentioned the need for these folks to educate themselves. We are agreement there. You mention apprenticeships but perhaps you more meant skills in general. Average and below IQ folks do not in my experience make good tradesmen. But with enough training they can be taught to handle most tech type equipment. I mentioned they need 20 years training – grade school, high school plus several years tech and job training. Perhaps we are saying the same thing but are using different terms. But I really doubt that is going to happen. The high school graduation rate is what, 70%? If we cannot even keep them in school through twelve years, how will we keep them in school longer.
And the final issue is even if we train them – what will they do? Modern tech is very efficient. We would only need a relatively small number of them doing manufacturing or building things, unless their is a heavy export market. We could self-support in manufacturing probably with 20 – 25% of the population in manufacturing (a number which would fall continuously as effcieincy climbs), unless we have a huge export market. Which I seriously doubt will happen.
In sum, my friend, the lower socio-economic base is fucked. I simply see no way around it. I understand that you believe the world can be kinder and gentler, but realities for business simply do not allow for it. Capitalism is dog-eat-dog, and government policy adds to the viciousness of it.
It is a fun debate. I hope I kept it civil.
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22nd November 2011 at 5:17 pm
ecliptix543 says:
Perfectly civil. No worries. Of course, my view is that you’re full ‘o the Shite!!
I suppose I misstated the point I wanted to make… The current high-tech environment will be sliding backwards and eventually flatline for a massive percentage of the world’s population in the next decade. The existing large-scale manufacturing and distribution model is dying. It isn’t an issue of kinder/gentler. It is an issue of global resource depletion which will result in the extinction of your business model almost entirely; there will always be the extremely wealthy that can afford what remains of the current technology, but they will be hunted in one way or another, in my opinion.
In general, most of the population that doesn’t starve or get killed off in the upcoming wars won’t give two flying fucks about the new iGadget. They’ll be more concerned with shelter and tools to feed and clothe themselves. If I remember my Discovery Channel correctly, the average intelligence of the human species has not appreciably changed in 100,000 years. The current model is the aberration, not the norm. As a species, we are returning to the mean – whether we want to or not – and a company’s stock price won’t matter to anyone. Retained skills will. I am concerned with the value to the species in relation to our ability to survive. Value to a company is transitory and ultimately meaningless.
It seems, and please correct me if I see this wrong, but your approach is to get yours now, as much as possible, and the rest of the people – we useless eaters – can fend for ourselves when it all crashes? Being one of the aforementioned “Rest”, I see things differently (as we both know). I would request clarification from you as to whether you believe the current industrial model will survive another 10 years, or not. I believe it will not. Schools cranking out ignorant people at this point in the game changes nothing, because the game is over already. The truly stupid will go back to killing themselves off at an early age, the way nature intended. But – that does not mean that the current available labor pool in this country is useless and of no value. You believe they are of no value because the current business model precludes it. The simple reality is: The current corporatist model is the walking dead. The lower socio-economic classes are what’s left of the graveyard landscaping. The poor are the ones who will have to rebuild — as always. A continuation of ruinous corporate indifference in the final stages of this collapse will lead to a greater likelihood of a socialistic trends in whatever emerges, as is usually the case in recovery from a fascist collapse. I would think that we both would prefer a more libertarian outcome…?
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22nd November 2011 at 6:13 pm
Stucky says:
ecliptix
Just a minor quibble.
The truly stupid will not kill themselves. They get elected to Congress and POTUS.
Carry on.
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22nd November 2011 at 6:22 pm
llpoh says:
E – I do not see that the world is coming to an end. Tech will continue to advance into perpetuity in my opinion. Energy consumption will be an issue but I see no reason that it should stop human learning in its tracks. There is enough renewable energy to supprt ongoing learning – your new company etc. will assist in development of new energy. There is plenty of coal for the moment for electricity generation to last a long time. Oil is a different issue.
If you are coming from a base that there will be a huge shift in reality and a huge total collapse – then perhaps you are correct. We will be able to use farmhands etc. in that reality. I do not see it going that way.
I do not see a monumental crash (other than a big financial one coming down the path) but rather a slow slide into irrelevence for the lower socio-economic class. In a tech world, I do not know what they can do to maintain a middle-class lifestyle. I have read a number of papers/articles recently saying much the same thing. The authors, much as myself (and you, for that matter) opine that the only possible answer lies in education. This is indeed true – but I suspect we have largely passed the point of no return there. It takes generations to build up an educated population. That time is no available, and I see no willingness to start the process. Education is a total cultural issue – governments need to promote it and families need to support it. We have neither of those two bases in place.
I believe in personal responsibility – so yes, to that extent I beleive we all need to fend for ourselves. Although it is difficult to rise from the bottom of the socio-economic class, more so if one is of modest talents – it can still be done. But it takes long years of work, obtaining of education, thrift and good decision making. Not a lot of folks willing to go down that path. Their bad planning and decision making is not my problem, so sorry. Tough shit.
In America, all you have to do is look at the education levels and the relative unemployment by level. College grads still have low unemplyment. HS grads have approx. the national average unemployment, while HS dropouts are getting slaughtered like sheep. I was not the one that caused them to drop out. I was not the one that didn’t go on to college. I have always told anyone interested that those were bad decisions.
They made their bed, bought into the failed consume now pay later scheme (which I did not do), and somehow that is my fucking problem? No sir. Tough titty to them – a great number of thse in trouble squandered their opportunities adn made a bed of nails for themselves. How is that my problem?.
They fucked up and now they want to come take what I worked for because “I can afford it”, even though I am already supporting untold numbers of them via my personal and business taxes, and am employing a not inconsiderable number of people owing to my willingness to assume risk and having applied the skills I obtained over a lifetime of work? I have done my part. The fact is many have not done theirs. If they had, we would not be facing generations of pain and the need to re-skill and re-educate the population. And we would be in a position to lead from the front.
I didn’t sa they were of no value – I said they cannot add value in the modern economy significant to live a middle class lifestyle. And the fact is that the world is indeed showing this to be true. No education, no skills = unemployment or very poor paying work. Sorry but there it is.
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22nd November 2011 at 6:39 pm
llpoh says:
Yes, E, I believe we need a more libertarian outcome. But that does not seem to fit your view that business has obligations to the masses and should be prepared to be altruistic for the greater good. I think that libertarianism promotes personal responsibility – which is sorely lacking.
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22nd November 2011 at 6:41 pm
llpoh says:
We could also start by keeping half the labor force at home cooking and cleaning like they should be… but that’s neither here nor there.
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22nd November 2011 at 8:48 pm
llpoh says:
Doppel alert! I would never say such a sexist thing. I only want them at home cooking on Thanksgiving and Christmas. Yum.
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22nd November 2011 at 9:17 pm
ecliptix543 says:
That’s a bold statement!!
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22nd November 2011 at 9:23 pm
AKAnon says:
That sounds like Colma. But he didn’t mention high heels.
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22nd November 2011 at 9:39 pm
Colma Rising says:
Wasn’t me….
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22nd November 2011 at 9:41 pm
Stucky says:
CNN reported on Obama’s shrinking popularity.
They said large numbers of white middle to lower middle class are dissatisfied. They also said — I’m not kidding — that thar demographic is the most fearful and negative. Yup.
They compared it to blacks and Latinos — who are actually worse off — but they are not so negative and they still support Obama.
White middle class. Fearful and negative.
Free Shit Army. Upbeat and positive.
Fucken A !!!
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22nd November 2011 at 9:47 pm
Colma Rising says:
Obama 2012
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22nd November 2011 at 9:52 pm
llpoh says:
Stuck – yep, go figure. FSA is all warm and fuzzy to there hero Obamalama. Middle class are screaming – they can see the train a comin’:
I hear the train a comin’
It’s rollin’ ’round the bend,
And I ain’t seen the sunshine,
Since, I don’t know when,
I’m stuck in Folsom Prison,
And time keeps draggin’ on,
But that train keeps a-rollin’,
On down to San Antone.
When I was just a baby,
My Mama told me, “Son,
Always be a good boy,
Don’t ever play with guns,”
But I shot a man in Reno,
Just to watch him die,
When I hear that whistle blowin’,
I hang my head and cry.
I bet there’s rich folks eatin’,
In a fancy dining car,
They’re probably drinkin’ coffee,
And smokin’ big cigars,
But I know I had it comin’,
I know I can’t be free,
But those people keep a-movin’,
And that’s what tortures me.
Well, if they freed me from this prison,
If that railroad train was mine,
I bet I’d move out over a little,
Farther down the line,
Far from Folsom Prison,
That’s where I want to stay,
And I’d let that lonesome whistle,
Blow my Blues away.
Anyway, I digress. They – the middle class – are starting to figure it out – holy shit, we iz fuck-ed. No education, spent out kid’s futures, cannot keep pace with tech, Chinese are working cheaper, how the hell can we hang on to the middle class lifestyle we love so well? Can’t do it. Won’t do it.
Overall, an attempt to eat the rich will be made, but after the rich are eaten, who is next on the plate? This train is a’coming. There is a new reality. The strong will survive and the rest will struggle mightily.
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22nd November 2011 at 10:22 pm
llpoh says:
“their hero”. My mind works faster than my fingers can translate.
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22nd November 2011 at 10:22 pm
Colma Rising says:
Llpoh:
If there’s a problem finding smart Americans, pay them more…. they will come.
If there’s a problem with dumbasses, pay more for shit jobs… I know 20 plumbers, dumb as a stump, that will make GODAMM sure your faucet runs clean and your shit goes down-hill.
Cut that “this immigrant” will do the same work for cheap, because it isn’t so.
Well… unlesss you enjoy paying discount prices for the same sub-standard job, that is.
Business is reputation, not the last check…. in the long run.
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22nd November 2011 at 11:25 pm
llpoh says:
Dumb as a stump plumber is one thing – you want dumb as a stump doing your electrics, too? Didn’t think so.
Immigrantts do not work cheap in the long run. But the Chinese do. And how many plumbers do we need? Carpenters? Electricians? Etc etc. Not that many. If a house lasts 40 years plus say 2 percent annual growth we need only a few percent of folks in construction. What it is is what it is.
Colma – I know about tradesmen and skilled/unskilled workers. And I know how many we need, and I know what the competition is. IMy business is one of the few places unskilled folks can still make a reasonable living – but its days are numbered. Low cost labor will get me in the end. No matter how smart I work – iit costs me nearly 100k to employ someone. China is a tenth of that. Can you spell fucked? So it is. So it shall be.
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22nd November 2011 at 1:00 am
Colma Rising says:
I can spell Chinese Guys and Homies Stateside, but I can’t spell “I don’t need a plumber.”
There lays the answwer to “Low IQ”
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22nd November 2011 at 1:13 am
Colma Rising says:
Hah.
,lolhahahahahaha
Does anybody really think they’re getting top’notch manufacturing right NOW?
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22nd November 2011 at 2:21 am