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Archive for May, 2010

Soup Du Jour

~ by Charles Bukowski

there is enough treachery, hatred violence absurdity in the average
human being to supply any given army on any given day

and the best at murder are those who preach against it
and the best at hate are those who preach love
and the best at war finally are those who preach peace

those who preach god, need god
those who preach peace do not have peace
those who preach peace do not have love

beware the preachers
beware the knowers
beware those who are always reading books
beware those who either detest poverty
or are proud of it
beware those quick to praise
for they need praise in return
beware those who are quick to censor
they are afraid of what they do not know
beware those who seek constant crowds for
they are nothing alone
beware the average man the average woman
beware their love, their love is average
seeks average

but there is genius in their hatred
there is enough genius in their hatred to kill you
to kill anybody
not wanting solitude
not understanding solitude
they will attempt to destroy anything
that differs from their own
not being able to create art
they will not understand art
they will consider their failure as creators
only as a failure of the world
not being able to love fully
they will believe your love incomplete
and then they will hate you
and their hatred will be perfect

like a shining diamond
like a knife
like a mountain
like a tiger
like hemlock

their finest art
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........

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(Am I a cynic...?)

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Summation

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The Declining Value of Work

PoliticsEmploymentMay 20, 2010 – 03:10 PM

By: Pravda

Politics

One of the great joys that men in free societies have long enjoyed is the ability to earn an honest wage for an honest day of work. In particular, the amazing capitalist engine that powered the U.S. economy for decade after decade greatly rewarded the incredible hard work and industriousness of the American people. America was known as the land of opportunity, and we built the largest middle class in the history of the world by working incredibly hard. But today, all of that is fundamentally changing. Thanks to rapid advances in technology, and thanks to the globalization of the work force, the labor of American workers is rapidly losing value. Automation, robotics and computers have made many jobs obsolete.

Today one man can do the work that a hundred men used to do. Not only that, but today American workers literally have to compete against workers from all over the globe. Global corporations often find themselves having to choose whether to build a factory in the United States or in the third world. But in the third world workers often earn less than 10% of what American workers earn, corporations are often not required to provide any benefits to workers, and there are usually hardly any oppressive government regulations. How can American workers compete against that?

The truth is that labor is now a global commodity. How can an American worker compete against a desperate, half-starving worker in the third world that will work like mad for a dollar an hour?

But this is what we get for letting the politicians push “free trade” down our throats.

Most American workers had no idea that free trade would mean that they would suddenly be competing for jobs against workers in the Philippines and Malaysia.

But that is the cold, hard reality of globalism.

All of this free trade has been very hard on American workers as factory after factory has closed, but it has allowed the big corporations to get exceedingly wealthy.

The top executives at the big global corporations are certainly enjoying all of this free trade. Their salaries have soared.

In 1950, the ratio of the average executive’s paycheck to the average worker’s paycheck was about 30 to 1. Since the year 2000, that ratio has ranged between 300 to 500 to one.

The rich are getting richer and the poor are getting poorer.

That is what globalism is all about.

The elite make out like bandits as they exploit third world labor pools, while the American middle class finds itself slowly being crushed out of existence.

According to the United Nations Gini Coefficient (which measures distribution of income), the United States has the highest level of inequality of all of the highly industrialized nations.

Increasingly, all of the rewards are going to those at the top, while the vast majority of Americans are left wondering why things just don’t seem to work out for them.

According to economists Thomas Piketty and Emmanuel Saez, two-thirds of income increases between 2002 and 2007 went to the wealthiest 1% of Americans.

Life is good if you are in the top one percent.

Unfortunately, that does not include any of us.

Instead, the American middle class is gradually being pushed into lower paying service jobs. But it is really hard to feed a family by cutting hair or by greeting the folks who come walking into the local Wal-Mart.

If you talk to many Americans, they just can’t seem to figure out why they can’t make things work out even though they are working as hard as they can. Millions of Americans have found themselves taking on second (and in many cases third) jobs in an attempt to provide for their families.

But what they don’t understand is that the global elite have turned labor into a globalized commodity.

American workers are not faced with a level playing field. Just check out some of the pay levels around the world that American workers must compete against….

In Bangladesh, a garment worker makes 22 cents an hour. The wage in Cambodia is 33 cents an hour; in Pakistan, 37 cents an hour; in Vietnam, 38 cents; in Sri Lanka, 43 cents; Indonesia, 44 cents; India, 55 cents; China, 86 cents; the Philippines, $1.07; and Malaysia, $1.18.

Do any of you want to work for $1.18 an hour with no benefits?

But that is your competition.

Wages are being driven down and big global corporations are loving it.

This isn’t capitalism.

This is the global elite pushing us into a cruel system of economic slavery where they control all of the wealth and the rest of us struggle to survive as we work our tails off for them.

Already we are seeing large numbers of Americans becoming absolutely desperate to get even a low paying job.

For example, over one three day period, approximately 10,000 people showed up to apply for 90 jobs making washing machines in Kentucky for $27,000 a year.

Can your family live on $27,000 a year?

But that is considered a good wage now.

Actually, the folks who are making really good wages now are those who work for the U.S. government.

Yes, life is good if you are a servant of the system.

Today, the average federal worker now earns about twice as much as the average worker in the private sector.

Of course government employees basically produce next to nothing except red tape.

The U.S. government doesn’t seem to care if they are productive or not. They just keep borrowing more money and getting us into even more financial trouble.

But at least there is somewhere for middle class families to get decent jobs.

In fact, it is getting really hard to live a middle class lifestyle in America without relying on the government in some way.

The truth is that good jobs are becoming increasingly scarce.

That is why it is absolutely imperative for all of us to try to become as independent as possible.

That means getting out of debt.

That means starting our own businesses.

That means learning how to grow a garden.

Many of those who continue to blindly rely on the system to provide them with a “job” (“just over broke”) will end up bitterly disappointed in the end.

Millions of Americans have already lost their jobs and millions more Americans will lose their jobs as we move along through the next few years.

In fact, with all of the amazing advances in technology that we have seen over the past couple of decades, the global elite are starting to realize that they really don’t need 6 billion workers after all.

Instead, those among the global elite are increasingly viewing all of us as a burden. They openly ask why they should have to take care of so many “useless eaters”. After all, if the system does not need all of us to keep functioning, then what good are we to them?

So these days you are starting to hear a lot about the dangers of “overpopulation” and the need to control population growth.

In fact, just over one year ago Bill Gates, David Rockefeller, Warren Buffett, George Soros, Michael Bloomberg, Ted Turner, Oprah Winfrey and other very wealthy power brokers held a clandestine meeting in New York.

So what was the topic?

Population control.

One anonymous attendee of the meeting was quoted in a U.K. newspaper as saying that overpopulation “is something so nightmarish that everyone in this group agreed it needs big-brain answers.”

Are you starting to get the idea?

Instead of being viewed as valuable workers, now we are being viewed by the elite as pests that have multiplied to the point where we are now out of control.

What a strange world we live in now.

We need to get back to the America where good workers are valued and where hard work is rewarded.

We need to get back to the America where having a large middle class is an important national goal.

We need to get back to the America where we build American businesses, where we hire American workers and where we buy American products.

But unless the American people wake up, American workers are going to continue to be devalued.

Are we actually going to sit back and let American living standards decline to third world standards?

It is up to this generation to reject globalism and to reclaim the great free enterprise principles that this nation was founded on.

If someday our children and grandchildren exist in a world where they are considered just another part of the third world labor pool they will know who to blame.

Michael Snyder

The Economic Collapse

Pravda.ru

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Both are right

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The beast that ate our success

~ By Bernhard Hickey – Aug 10 2009 (NZ Herald)

Ever wondered why our economic growth has been so slow for the past couple of years while wage growth has been solid and unemployment low?

How does that compute? How can New Zealand employ more people and pay them more, yet produce less?

The answer can be found in the chart. It shows the premium paid to workers in the public sector, which means local and central government, over people paid in the private sector. It essentially shows that the Government is eating the economy and unless we can turn it around, New Zealand Inc will sink deeper into a foreign debt we can’t service.

A large portion of the jobs created in the past five years have been in government or government-owned sectors, such as health, education, infrastructure and justice.

New Zealand has not created a single net extra job in the export sector in the past decade. These government jobs have lifted wages faster than the private sector and, if anything, this trend of a widening gap has worsened, despite the noise about restricting wage growth in government since the National-Act-Maori coalition was elected in November.

It’s true that public sector wage growth has slowed, but from a higher base and it has not slowed much faster than private sector wages. Statistics New Zealand figures show public sector wage, salary and overtime costs rose 3.6 per cent in the June quarter from a year ago, which was down from 4.8 per cent growth in the September quarter of last year from a year earlier. Private sector wage growth fell to 2.7 per cent from 3.7 per cent.

This is after years of faster wage growth in the public sector. There are a few reasons for this.

The health and tertiary education sectors are among the strongest-growing parts of the economy. Some of that is demographic and some is technological. The rest is political. Our ageing population and the proliferation of new drugs and medical technology means health sector employment has grown fast.

But so have wages because of the last Government’s attempts to keep and woo back staff who were thinking of jumping ship to Australia.

Some aggressive doctors’ and nurses’ unions also helped bully a Labour Government into lifting pay.

Teachers, universities and polytechs have also done well over the past couple of years. There should be a debate about how effective that spending is, given the graduates seem not to be lifting our productivity or staying in the country. Many get cruisy jobs in government, worsening the problem.

Infrastructure employment is also up, as are wages as employers in construction have competed hard to grab workers, many of whom can now argue they can earn much higher wages across the Tasman.

The problem is that there is no market discipline on these wage increases. If a company in the exporting sector caved in to the sorts of wage increases demanded in the public sector, it would soon go out of business.

The public sector has no easy way to measure its output and work out if it’s good value for money.

All this employment and wage growth in the public sector has dragged on our national productivity. We should not be surprised when our GDP continues to lag.

The public sector needs a big dose of salts and our Government needs to reform itself to encourage employment and wage growth in the private sector, where competition rather than lobbying decides wage growth levels.

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Well B.H. you’ve opened a can of worms with this one. Here is the question this reader thinks you really ought to have asked.what happened in our recent economic history that has reduced the attractiveness of a private sector career to something akin to taking a leprosy victim to the prom? The answer in my opinion, is the economic policies followed by this country over the last two decades that have fostered foreign ownership and aided the destruction of jobs in what was once a burgeoning part of the new zealand economy, formerly known as the tradable sector.

Given the choice to work in a private company likely to eliminate your job in a vain effort to secure the next quarter earnings versus the more logical and secure job in one of the various govt departments where you’ll not only have a safe job but probably a super plan and loads of perks, which would you choose? Employees aren’t stupid and they know how big foreign owned companies operate – profits first people second. The first casualty of foreign ownership is lower living standards in the host counry, that is where the profits are derived from, your wage and salary cuts or your job losses. Just ask a Radioworks employee.

average white guy (New Zealand)
08:04AM Monday, 10 Aug 2009

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Actually, we the people, are getting attacked from both sides.

And it is killing us all – and the economy.

Both aspects of this have to be revolutionarily reformed.

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Essay link

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Lets play “Let’s Pretend…”

On lies, obfuscating, the media and living in a dream world.

http://theautomaticearth.blogspot.com/2010/05/may-14-2010-debt-and-dammerung-welcome.html

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