THE CORPORATE BOAT RACE

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Posted on 16th May 2013 by Administrator in Economy |Politics |Social Issues

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Hat tip to Robmu1 for this one.

 

An American automobile company and a Japanese auto company decided to have a competitive boat race on the Detroit River. Both teams practiced hard and long to reach their peak performance. On the big day, they were as ready as they could be.

The Japanese team won by a mile.

Afterwards, the American team became discouraged by the loss and their morale sagged. Corporate management decided that the reason for the crushing defeat had to be found. A Continuous Measurable Improvement Team of “Executives” was set up to investigate the problem and to recommend appropriate corrective action.

Their conclusion: The problem was that the Japanese team had 8 people rowing and 1 person steering, whereas the American team had 1 person rowing and 8 people steering. The American Corporate Steering Committee immediately hired a consulting firm to do a study on the management structure.

After some time and billions of dollars, the consulting firm concluded that “too many people were steering and not enough rowing.” To prevent losing to the Japanese again next year, the management structure was changed to “4 Steering Managers, 3 Area Steering Managers, and 1 Staff Steering Manager” and a new performance system for the person rowing the boat to give more incentive to work harder and become a six sigma performer. “We must give him empowerment and enrichment.” That ought to do it.

The next year the Japanese team won by two miles.

The American Corporation laid off the rower for poor performance, sold all of the paddles, cancelled all capital investments for new equipment, halted development of a new canoe, awarded high performance awards to the consulting firm, and distributed the money saved as bonuses to the senior executives.

WTF STORY OF THE DAY

24 comments

Posted on 22nd September 2012 by Administrator in Economy |Politics |Social Issues

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You know what we don’t have enough of? Mass marketing propaganda being pounded into our brains 24 hours a day, seven days per week, 365 days per year. Our public schools are already producing brain dead drones that are incapable of multiplying 11 x 12 in their head when they graduate 12 grade. Our children already rank below Latvia when it comes to math and reading scores. So what does my school district decide is a priority? They vote to allow advertising within the schools. At least fourth graders will know which brand of condoms provide the most pleasure during sex. They’ll know which A.D.D. drug they should take. They’ll realize that those $200 LeBron James sneakers are absolutely essential to be cool in school.

Besides the utter stupidity of this school board, the real reason for this selling out to corporate America is to avoid what NEEDS to be done. The union teacher contracts with their gold plated healthcare and pension benefits will bankrupt the school district and the State within the next 5 years. That is an absolute mathematical certainty. These spineless politicians refuse to face up to reality and pretend it will all work out in the end.

BULLSHIT!!!!

It’s time to face the facts. Either the public unions accept market based healthcare and pension benefits or they all get fired and replaced by people who will do the jobs without crushing the taxpayers under an unpayable tax burden. We can have the showdown now or later, but it CANNOT be avoided.

Instead these worms on the school board will choose to sacrifice the students’ education to the corporate interests that run this country. Delusion will continue until collapse ensues.

North Penn School Board approves advertising policy

By LINDA STEIN
lstein@thereporteronline.com

Thursday, September 20,2012

LANSDALE — It’s a new era in the North Penn School District.

Thursday the school board voted, with two members opposing, to approve a policy to allow advertising inside the school buildings.

Advertising earnings might bring the district anywhere from $100,000 to $500,000 annually, said Board President Vincent Sherpinsky.

“I think it opens the door to see what we can generate,” said Sherpinsky.

Sherpinsky expects that requests for proposals to agencies that place ads in schools will go out soon and come back by December. So the advertising messages could be in place early next year.

The policy adopted by the board includes strict guidelines. Most ads inside the buildings will likely be to promote wellness or education, officials said. Ads outside, say at sports stadiums, could be for commercial purposes such as sporting goods stores or brands of sneakers.

Ads will not be allowed in classrooms, offices, libraries or at entrance signs to school property. Any promotion deemed vulgar, obscene, pornographic, lewd or regarding gambling, violence, hatred, sexual conduct, tobacco, drugs or alcohol is not permitted, the policy states.

School administrators will approve all ads.

“Our policy does not allow jeopardizing of our mission,” said Sherpinsky. “We’ll see how many people want to be involved.”

Despite the strict controls, board members Carolyn Murphy and Suzan Leonard voted against the advertising policy. Board members Rick Miniscalco and Frank O’Donnell were absent.

“Right from the beginning, I found it distasteful to put billboards in school buildings,” said Leonard. While she does not have problems with advertising in other areas, “when you put it in hallways it belittles the North Penn School District.”

Murphy said the policy will “open Pandora’s box.” She also objected to the lack of a plan for how to divide any money gained. “There are too many unanswered questions,” she said. It is “just raising money for the sake of raising money. The inside of our buildings is sacred.”

For his part, Sherpinsky said deciding how to use additional funds is “a debate I’d like to have. That’s not a hurdle. That’s not a fight. That’s a pleasure.” He noted that any money earned from ads will save tax dollars.

Howard Reid, vice chairman of the Alternative Revenue Committee which generated the policy, was pleased the board adopted it. Members of the committee visited other districts already using ads to generate revenue to see what they were like, as did some board members.

In other business, the board approved a waiver of real estate taxes for St. Mary & St. Kyrillos Coptic Orthodox Church at 2500 Unionville Pike. The amount of the taxes waived is $6,156.

The board also agreed to allow its architect, Bonnett Associates Inc., to design plans to renovate Hatfield and Montgomery elementary schools to meet a Sept. 30 deadline for partial state reimbursement for the construction costs. The architect will receive 15 percent of 7 percent of the construction costs for Montgomery and 15 percent of 7.2 percent of the costs for Hatfield.

IF CORPORATIONS ARE PEOPLE…..

3 comments

Posted on 17th July 2012 by Administrator in Economy |Politics |Social Issues

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MATH IS HARD, SO JUST CHANGE THE RULES

23 comments

Posted on 10th July 2012 by Administrator in Economy |Politics |Social Issues

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Great news. Obama signed a new law yesterday that Romney would have signed too. We definitely need to let corporations function more like the Federal government. Make unfunded pension promises and then don’t fund them. When the going gets tough, change the rules. Now corporations can pretend their pension plans will generate an 8% return per year and not actually put any cash into the plans either. This is simply brilliant. The corporations pretend the plan is viable. And the retirees pretend they will get paid with money that is never contributed to the plan. Sounds like a plan. Extend and pretend is our national mantra.

Pension law causes new worries

New law allows U.S. companies to give less to their employees’ funds

President Barack Obama signs the Surface Transportation Bill, in the East Room of the White House in Washington. A new law reduces by billions of dollars what companies have to contribute to their pension funds, raising concerns about weakening the plans that millions of Americans count on for retirement. But with many companies already freezing or getting rid of pension plans, critics are reluctant to force the issue or even make much of a fuss.

President Barack Obama signs the Surface Transportation Bill, in the East Room of the White House in Washington. A new law reduces by billions of dollars what companies have to contribute to their pension funds, raising concerns about weakening the plans that millions of Americans count on for retirement. But with many companies already freezing or getting rid of pension plans, critics are reluctant to force the issue or even make much of a fuss. / Pablo Martinez Monsivais / Associated Press

WASHINGTON — A new law will let companies contribute billions of dollars less to their workers’ pension funds, raising concerns about weakening the plans that millions of Americans count on for retirement.

But with many companies already freezing or getting rid of pension plans, many critics are reluctant to force the issue.

Some expect the changes, passed by Congress last month and signed Friday by President Barack Obama, to have little impact on the nation’s enormous $1.9 trillion in estimated pension fund assets. And it is more important, they suggest, to avoid giving employers a new reason to limit or jettison remaining pension benefits by forcing them to contribute more than they say they can manage.

The equation underscores a harsh reality for unions, consumer advocates and others who normally go to the mat for workers and retirees: When it comes to battling over pensions, the fragile economy of 2012 gives the business community a lot of leverage.

“That wouldn’t do our members any good” if the government forces companies to make pension contributions they can’t afford, said Karen Feldman, benefits policy specialist for the AFL-CIO, the giant labor federation that supported the legislation.

AARP lobbyist Debbie Chalfie said the seniors organization was concerned that companies contribute the right amount to their pension funds, but at the same time, “We want to make sure employers continue offering these plans.”

Even the Pension Rights Center, which advocates for pensioners, was torn. Executive Vice President Karen Friedman said the group was “sympathetic to business concerns” that companies have been hurt by the recession, though still worried that reducing corporate pension contributions could hurt consumers.

The short-term contribution cuts worry University of Pennsylvania insurance professor Olivia S. Mitchell, who says the fact that Congress can change the formula “does not mean that pension funds will be able to defy the laws of economics and finance.”

Nearly half of Americans say they are counting heavily on their pensions for retirement, according to an Associated Press-LifeGoesStrong.com poll conducted last October. Yet times are rough for pensions.

Only 15 percent of private sector workers participate in defined benefit plans, which guarantee company-paid monthly retirement payments, according to the Employee Benefit Research Institute. That 2008 figure was down from 38 percent in 1979.

During that same period, the number of workers in defined contribution plans, like 401(k) investments to which workers and companies contribute, has grown to 43 percent. These plans are considered less advantageous for employees because workers contribute much of the money and bear the investment risk.

CORPORATIONS ARE PEOPLE

12 comments

Posted on 19th June 2012 by Administrator in Economy

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Remember who said corporations are people. Remember who hasn’t prosecuted one Wall Street criminal. Realize that it doesn’t matter which party appears to be in control. The Corporate Fascist interests rule the world. They don’t care about you. They have an insatiable desire for more power, control and wealth. They are truely vampire squids sucking the life out of what reamins of our once noble republic. The enemy is winning. Jesse with another outstanding post.

The Secret State and the Tyranny of the Faceless and the Lifeless

 

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself.

For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist.”

Marcus Tullius Cicero

“Corporations have neither bodies to be punished, nor souls to be condemned, they therefore do as they like.”

Edward Thurlow, Attorney General and Lord Chancellor of England

Golem XIV, aka David Malone, highlights a lesser understood aspect of the corporatism that seems to be taking the developed nations by storm.

The recent moves by the Supreme Court and the Congress to extend personhood and the rights of individuals to corporations as ‘super people’ are more dangerous than most realize.

All individuals are not equal in terms of influence and power. And if organizations such as corporations can become ‘individuals,’ that Frankenstein monster will be able to dominate as effectively as any tyrants in history.

The cure is transparency and accountability, and the recognition that the human individual alone is uniquely protected by the Bill of Rights. Corporations are not asked and expected to fight and die for the benefit of the State. They do not suffer and bleed, nor stay awake at night in worry about their children and their care. Corporations are lifeless.

The Sarbanes-Oxley law was designed to give the people who use corporations as their instruments no place to hide. But as we have seen, it is a law rarely used, and itself under determined resistance to be overturned as was Glass-Steagall.

“Every thing secret degenerates, even the administration of justice; nothing is safe that does not show how it can bear discussion and publicity.”

John Dalberg Lord Acton

Corporations are but the artificial constructions of men, often designed to eliminate individual risk and accountability. When things go wrong, no one seems to know what happened. Money just vaporizes away. When recklessness leads to horrific accidents such as Bhopal, the corporation retreats into the aether of words and corporate laws, often held in disinterested foreign hands.

The modern Corporation aspires to the power of the unaccountable State.

Corporations are without sin, no matter what actions or even atrocities they may as a collective commit in pursuit of profits, because they are lifeless. They do nothing, really, except to hide and often excuse the actions of real men and women. Corporations live only in the courts. It is all upside.

And it is the great irony of our time that the platforms and agendas of the Tea Party reformers and the Christian Right  have been perverted by their representatives and their money men to become the proponents of the anti-human, the corporate ascendancy over human rights and individual life.  And that the elected reformers of the progressive left have largely sold themselves to Wall Street since the 1990′s.

The definition of ‘individual’ as a living being with a soul thereby granting them inalienable rights, which is at the very heart of the American experience, is under determined assault by the power of the global monied interests, not from some godless enemy, but most effectively from the corruption of power within.

Secret State
By Golem XIV
June 19, 2012

“…We are all now sadly familiar with the role of Off-shore tax havens. They allow companies to avoid having to pay tax. They also allow companies to hide any dealings they may not want scrutinized by prying regulatory authorities. Tax havens are, as Nicholas Shaxson in his wonderful book Treasure Islands has suggested, better thought of as ‘secrecy jurisdictions’. They are purpose built for shrouding in impenetrable and legally protected secrecy any morally dubious financial arrangements which might be embarrassing or costly if revealed to regulators or governments. The world of Off-shore provides a legal and moral nul-space in where most things can be arranged for a price.

But that nul-space is growing and more than simply growing it is maturing.

Recently Off-shore havens have added to financial secrecy another valuable service – data and communications secrecy. There are now companies based in off-shore havens which offer to protect emails and data caches from prying regulatory or legal scrutiny…

Suddenly not only is it possible for corporate finances to be moved beyond the reach of national oversight and regulation, but now corporate emails and other data can also be removed from national democratic and legal oversight. Corporation can now operate within any nation, making their profits there. but without the elected government, the tax officials, financial regulators, courts or police having any power to see what the corporation is doing. The police could not force the disclosure of emails because those emails would not be under UK jurisdiction. It would be entirely possible for a company to be breaking the law, exactly as News International did, but now most if not all (depending on how careful they were) the evidence required to bring their illegal activities to light, would be beyond the reach of any authority in this country…

I look at it and think to myself – so now we have vast financial power shielded from any national, democratic regulation or legal oversight. We have data similarly hidden away from the pesky prying eyes of civilian democratic and legal accountability and we now also have the parts of the global military that routinely operate outside of democratic oversight and who regularly break the most fundamental national and international laws, being organized to operate together under an aspiring supra-national command…

In the week of May 21st of this year in Tampa Florida, Special Operations Forces from 90 countries got together at a Special Forces Convention. You can see a video of what they got up to here.

The purpose of convention, which is a regular thing now, is (from their web site):

The International Conference objective will be that U.S. and International SOF leaders recognize USSOCOM as a Global Command and gain a better understanding on how to become active partners in that partnership.

Who is USSOCOM? It is the umbrella US military command for all US Special forces. So here we have a programme the purpose of which is to integrate the operations and even the command structure with the US at the top, for the Special Forces of 90 nations. Is this anything to be concerned about? Well on one level, if you have Special forces why not have them work together well? Seems sensible. Except that Special Forces are by design the part of any nation’s armed forces which operate routinely and as a matter of course, outside of the law and beyond democratic oversight…

What this this and other documents now clearly indicate is that through this command and others the US can now commit troops to hostile actions without the Congress having to give its consent or even be informed. Now of course we all know this happens. SO what is new. In a sense nothing. In another sense it clearly shows how our governments, or at least elements within them, are keen to follow global finance’s lead in being able to operate outside of democratic oversight, outside its own laws and outside of any democratic accountability. This I think is, if not a new desire, a new maturation of the capability.

There is a clear disdain for democracy being voiced among those who run and own global finance, who make up the supra-national world of the IMF, the WTO and other non-national, non-democratic global technocratic bodies. We all know what disdain the global financial and media companies have for the laws which ‘regulate them’. We know how far outside their own laws and international law our governments have gone in rendition and torture of civilians.

It seems to me you don’t have to subscribe to any conspiracy theory to find this enough to worry about.

Read the entire article here.

 
Posted by Jesse