Michael Moore writes: "So General Motors is back to making billions in profit. And if the past is any guide, we know what that means: time for some layoffs!"
Workers at a GM plant in Janesville, Wisconsin, 06/03/08. (photo: Scott Olson/Getty Images)
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In addition to "Flaunt" being off. It's hoofbeats not hoofprints they will hear coming.
I live about 50 miles from a G.M. Plant in Silao, Guanajuato, Mexico. I've also heard they're building another one somewhere. No wonder Mexicanos go north for work, they can't afford to live on what G.M. pays them here.
Then they invade America and cause further problems!
Fact: Corporate execs know they fair better with Repub-controlled governments. If they can hold off employing until after Nov. elections, they'll keep unemployment high and improve chances of Repubs being elected. That also keeps spending down which would also improve the economy.
Corps/corporate friendies say government shouldn't create jobs, the private sector should. So why aren't they doing that? Because of the first two paragraphs of this comment.
I would very much like to "Do Something", but what?
In my opinion we are approaching a "critical mass" regarding your question. THERE IS ONLY ONE THING THAT CAN SPARK A MOVEMENT FOR REAL CHANGE: MASS ACTIONS (NOT DEMONSTRATIONS) WHICH WILL ENERGIZE PEOPLE LIKE YOU INTO TAKING ACTIONS THAT WILL SCARE THE WITS OUT OF THE RULING ELITE AND THEIR LACKEYS. I believe we are in a state of supressed revolt, for we lack true leadership, unafraid of the dark powers that rule over this country. Howard Zinn reminded us that true revolution needs to come from the bottom, not from the top down. For "our" representatives do not represent us, since they are bought by the same elite that run the country. So, perhaps we should take a lead from the French Revolution: TO THE BARRICADES!!
Clinton also left a surplus in the Treasury, because most of America who wanted to work was working.
It was Bush and his cronies who squandered the surplus and put us back on the path to the record deficit we have now.
A look at the income statement reveals that last year they paid 3.3 BILLION in debt service; This year (after the Govt. "surgical bankruptcy, and the BONDHOLDER's stopped being paid), they had debt service of 250 million. The difference? 3.05 Billion in interest they are no longer paying. If they had the same debt as last year (before the govt. NEGATED the debt) they would have lost over 1.4 billion (The profit they are showing used to pay the contractually obligated debt service.)
Another interesting fact revealed: While they were in bankruptcy last year, they had 17.5% of the US market for cars; this year, they reflect 15.4% of the US market. They are LOOSING market share.
This is hardly a turn around. More like "smoke and mirrors".
Anyone know?
Enlighten me. I will read Howard Zinn eventually but time does not permit it. Why would I post that if I were not serious. This is your opportunity to spread your knowledge to the less enlightened.
Which meant that Constitutional business of "promoting the General Welfare" was actually funded...! In those years.
Which also meant not as much incentive for CEO's to pay themselves multimillions of dollars, but rather invest in the workers, equipment, infrastructure. All of which stimulates the economy. (As opposed to one guy having the $$ to buy up yachts and coastal real estate, etc.--which doesn't.)
Watch Moore's movie "Capitalism: A Love Story" which is probably more fun, at least, than Zinn's book. I just saw it last weekend and it is a snappy, humorous flick, with lots of old footage...go for it!
We have to not be scared of pushing that 90 per cent, it's what we need. That's a battle of ideas we can't hide from. It's about paying their fair share. Anything less is un-American.
It is not complicated. We need to say it, and say it, and say it, and not be afraid.
We don't just need a larger majority of Democrats or Independents, we need more liberals. Obama is no liberal. What a disappointment.
I sure feel more hopeful, but I don't know if it's because of Obama, or because the robber barons went too far in Sept. 2008 with the huge bailouts. That was a wakeup call. People actually noticed it, which is at least a start.
However some are waking up and smelling teabags, not coffee. I agree with the guy above.....we need that caffeine kick.
Voting for anybody else is voting for the Republicans. That's how Bush became President!
Anybody that can supply lists or knows where they are please respond!
You have to ignore their system--take all your money out of the bank, boycott their market and charters--start your market--start social groups designed to connect skilled workers, green-minded people with sustainable skills. Buy from individuals--make clothes in your home, bake, build furniture, tools, whatever--and trade in your own market--don't go looking for slave jobs. Build your own, or connect to people who can teach you. buy local, organic, sustainable food, and grow your own.
I'm talking about opting out and forming our own markets--as the movement grows we plant sleepers in the government--shadow representatives , and open reps--under Coffee or something even more ridiculous since they've turned all respectful words like progressive, humanitarian, green into dirty words.
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