geo257

Member since: Oct 4th, 2007

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Report: Supplier strike may lead to shutdown of Chrysler's minivan line (Autoblog)

Oct 27th 2010 5:56PM Crafty members of the World Trade Organization to each other several years ago: "First, we'll float all of this Global Trade crap then we'll load 'em up with all of that Free Market bull and then we'll finish 'em off with NAFTA and CAFTA treaties! The working poor and middle class of the US won't know what hit 'em!"
Well, it looks like they forgot about the Canadian auto workers unions, don't it! I say strike and boycott coast to coast. If we can't muster the where-with-all of working Canadians, at least we can admire their courage.
Remember that those shiny all new redesigned US Chevy Camros are now made in Canada by Union labor! Boycott the Global Corporate Bastards; Refuse to Consume! We could learn a lot from the Canadians!

The problem with the Fed's rate cuts (BloggingStocks)

Dec 12th 2007 9:53AM When I heard about the rate drop yesterday I also heard that the market dropped 300 points "because Wall Street wasn't wasn't happy with only a quarter point;" The news people should have added: Wall Street is never happy and always wants more.
And that's the problem exactly!
When did we turn US fiscal governance over to stock market investors? Only 15% of Americans are invested in the market yet our government caters to them as if they were the majority in charge. Today hedge fund operators have their own special tax code!
Back in the 1980s, I began to here people like Greenspan start referring to salary and wages as "inflationary' and I knew working people and the middle class were in big trouble even then! Corporate raiders began the wholesale dismantling of heavy industry and the legal theft of corporate retirement funds; still, no one said a word or lifted a finger to take action to bring charges and put stock market folks and the Fed in their place.
Why? Because, while we were sleeping, Wall Street had bought and paid for most of our elected local, state and federal officials; they had become the government!
Now we are quickly becoming a third world economy without an industrial base and unable to afford expensive gasoline and luxury imports. All that remains is for China to stop buying US Treasuries and OPEC to start accepting Euros instead of dollars for oil payments; then world power and influence will shift to the Pacific Basin. And here's the rub, it's all caused by our own Fed lowering interest rates to accommodate the greedy rich which makes investment in the US economy unproductive for other countries!
Brother, can you spare 1000 yen?

Real-Life 'Star Wars' X-Wing To Launch Next Week (Switched)

Oct 4th 2007 7:44AM Yeooowwwy! Who cares what space opera Jeri Ryan was in! She was the hottest thing to ever happen to science fiction; she had hormones jumping off of her exo-suit and sloshing around on deck! Hubba Hubba Goodrich Rubba!
Jeri Ryan: She's What's For Dinner!