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There’s an old saying. One picture is worth a thousand words. Here’s a picture. Just think about it. Some of these children are probably working for Chinese contractors, who are manufacturing stuff on behalf of corporate America. In other words, the 1 percent is having a financial field day at the expense of children. They’re redistributing childhood from Chinese, Indian and Pakistani children so that they can have greater profits. These jobs might have once been your jobs. That’s what free trade has brought.

“In order to investigate the situation of child workers in the southern Chinese city of Shenzhen, a labour rights NGO called the Shenzhen Workers’ Self-help Association carried out a survey of 37 privately-owned factories. It discovered child workers in 54 per cent of the random sample of 37 factories. A massive 200 child workers were found in one factory alone! Indeed this snapshot research clearly suggests that child workers are common in Shenzhen, working most often in small factories, and/or in factories with relatively poor working conditions. Legislative restrictions of child labour have not removed the problem from Shenzhen, but merely pushed it into less formal and poorly regulated workplaces.”

Click below for the full story.

Informalization of Labour in Asia/Child Labour in China–Asia Monitor Resource Centre

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Of course, this farm bill is just another prime example of a scam to redistribute income from the 99 to the 1 percent, from the poverty striken, and in particular, from poverty striken children to the rich.

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There are many ways that corporations earn money. They manufacture goods and services, for example. However, there are other ways, as well. For example, they use their political clout to redistribute income from the 99 to the 1 percent.

Notice from the graph above that corporate profits as a percentage of GNP dropped from the mid 1960′s to the early 1980s. So did the taxes they paid. After the 1 percent began to take complete control of the US government in 1980, which was called the Reagan Revolution and rightly so, the off shoring of American jobs accelerated. Corporations increased profits because of the difference between the old US wages and the new lower wages overseas, as well as the differences in salaries, benefits and environmental costs.

That’s one of the major reasons corporate profits are rising higher and higher, during this time of weak demand, breaking record after record. Every year, one to three million jobs are exported. Because free trade treaties pave the way, millions of other potential American jobs are created by US companies in foreign nations. Without those treaties, it wouldn’t be possible for corporations to do this. Those jobs would be created in the US in the absence of those treaties.

As those jobs are shipped or created overseas, our roads, bridges, schools and social safety nets have been in a slow motion thirty-year collapse because much of our tax base has been shipped or created overseas.

Under President Ronald Reagan, the 1 percent and their tools known as corporations began to receive tax cuts and more and more tax loop holes with which to avoid the payment of taxes. New overseas tax havens allowed the rich and corporations to avoid paying bazillions of dollars in US taxes. That’s another one of the reasons why our roads, bridges and schools are crumbling. Our tax base has been weakened.

Pushing corporate after-tax profits higher and higher is one of the primary goals of Wall Street. This keeps stock and corporate bond prices rising. If profits sink, especially in the long-term, rich investors (such as hedge funds) are likely to sell their stocks and bonds, which sinks the price of corporate shares and weakens the ability of corporations to issue bonds.

Corporations also create profits by jacking up prices. We’ve been brainwashed to believe that only an increase in the supply of money creates inflation. To some degree, that’s true. Post-World War I Germany is a prime example. However, in that case, the excess printed money made its way down to the people, who bid up the price of goods. That’s not happening now. The Federal Reserve has been printing up tens of trillions dollars for several years now and inflation is relatively in check because that money has gone to rich investors, hedge funds and banks, rather than to the people.

However, that hasn’t stopped US corporations from simply jacking up prices for working folks. Look at the graph below. Notice how closely the real inflation rate has mirrored the rise in corporate profits. This suggests that market after market is largely controlled by a few major corporations that control their prices.

Typically, a major corporate player in any market will jack up prices, which will be announced in the corporate press. If its rivals follow, then the increased prices will stick. If the so-called rivals refuse to jack up their prices, the company that jacked up its prices will retract the price increase. This phenomenon was first noticed by the economist John Kenneth Galbraith in his book Economics and the Public Purpose. I studied it and noticed how correct he was.

Here’s the real bitter part of this truth. The US government has changed how it measures inflation twenty times since 1980. This allows corporations to jack-up prices in hundreds of markets without anybody knowing. Sure, people notice price increases in the number of products and services they purchase. However, most people don’t have any idea how pervasive this income redistribution scam is. The US government is a partner is this coverup.

Simply raising prices allows corporations to increase profits. So the money you pay for something goes into the pockets of the rich via higher corporate earnings, dividends and share prices.

The graph below measures inflation the way it used to be measured by the government and shows how the modern and official government statistics for inflation differ from what they would’ve been had the government continued to measure inflation the way it did back in 1980.

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The Great Recession is still going strong, and college graduates are paying the price for a government corrupted by the money of the 1 percent and hell-bent on redistributing more and more income and wealth from the 99 to the 1 percent. According to a recent study by the Economic Policy Institute:

“The Great Recession and its aftermath have destroyed job opportunities for workers of all ages, but young workers have been hit particularly hard. Due to weak job opportunities, the labor force participation of people under age 25 has dropped substantially over the last five years—much more than would be expected given their long-run trend. However, these “missing” young workers are not “sheltering in school,” as is often claimed. This week’s Economic Snapshot shows college and university enrollment has continued to grow at roughly its long-run pace for both men and women. This suggests that essentially any student who has had the resources to shelter in school from the labor market effects of the Great Recession has been offset by someone who has been forced to drop out of school, or never enter, either because a lack of work meant they could not afford to attend or because their parents were unable to help them pay for school due to their own income or wealth losses stemming from the Great Recession.”

By some estimates, 50 percent of recent college graduates are unemployed or underemployed more than a year after they graduate.

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Very interesting indeed! Water or Coke? We all know that water is important but a direct comparison is something I’ve never seen.

WATER
1. 75% of Americans are chronically dehydrated.

2. The thirst mechanism is so weak in 37 percent of Americans that it is often mistaken for hunger.

3. MILD dehydration will slow down one’s metabolism as much as 30%.

4. One glass of water will shut down midnight hunger pangs for almost 100% of the dieters studied in a University of Washington study.

5. Lack of water, the #1 trigger of daytime fatigue.

6. Preliminary research indicates that 8-10 glasses of water a day could significantly ease back and joint pain for up to 80% of sufferers.

7. A mere 2% drop in body water can trigger fuzzy short-term memory, trouble with basic math, and difficulty focusing on the computer screen or on a printed page.

8. Drinking 5 glasses of water daily decreases the risk of colon cancer by 45%, plus it can slash the risk of breast cancer by 79%, and one is 50% less likely to develop bladder cancer.

And now for the properties of COKE

1. In many states (in the USA) the highway patrol carries two gallons of Coke in the truck to remove blood from the highway after a car accident.

2. You can put a T-bone steak in a bowl of coke and it will be gone in two days.

3. To clean a toilet: Pour a can of Coca-Cola into the toilet bowl and let the “real thing” sit for one hour, then flush clean. The citric acid in Coke removes stains from vitreous china.

4. To remove rust spots from chrome car bumpers: Rub the bumper with a rumpled-up piece of aluminum foil dipped in Coca-Cola.

5. To clean corrosion from car battery terminals: Pour a can of Coca-Cola over the terminals to bubble away the corrosion.

6. To loosen a rusted bolt: Applying a cloth soaked in Coca-Cola to the rusted bolt for several minutes.

7. To bake a moist ham: Empty a can of Coca-Cola into the baking pan, wrap the ham in aluminum foil, and bake. Thirty minutes before the ham is finished, remove the foil, allowing the drippings to mix with the Coke for a sumptuous brown gravy.

8. To remove grease from clothes: Empty a can of coke into a load of greasy clothes, add detergent, and run through a regular cycle. The Coca-Cola will help loosen grease stains. It will also clean road haze from your windshield.

For Your Info
1. The active ingredient in Coke is phosphoric acid. Its pH is 2.8. It will dissolve a nail in about 4 days. Phosphoric acid also leaches calcium from bones and is a major contributor to the rising increase in osteoporosis.

2. To carry Coca-Cola syrup (the concentrate) the commercial truck must use the Hazardous material place cards reserved for Highly corrosive materials.

3. The distributors of coke have been using it to clean the engines of their trucks for about 20 years!

Now the question is, would you like a glass of water or coke?

Want more like this? Visit this link: http://tinyurl.com/b22zbrk

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The Historical Lies of the Rich

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The military-industry complex is not the biggest government welfare program of all time. It might be second, and like the biggest welfare program, the military-industrial complex is welfare for the rich, the 1 percent. Such corporations as General Dynamics and Lockheed Martin rely heavily on government spending to keep their profits soaring, their dividends rising and their share prices climbing. The 1 percent owns most of their shares.

That’s why the United States has a bloated military that is greater in size than the next nine largest military’s in the world combined, although some analysts suggest the US spends more on its military than the rest of the world combined. That’s likely.

At the peak of the US conquest of Iraq, the US had somewhere in the vicinity of 150,000 mercenaries earning over a $100,000 each. The government called these mercenaries “contractors,” as if they had been contracted to erect buildings. No, these were just mercenaries that had signed contracts to be US mercenaries. If you count these folks, it is likely the US spends more on its military than all other nations in the world.

Income redistribution from the 99 to the 1 percent. That’s what military spending is all about. Tax money, the blood of working Americans, government lies, they’re all redistributed to the rich.

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student loan debt and delinquencies exceed that of credit cards

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The Republican plan for the youth of the 99 percent. On the other hand, about 80 percent of Democrats in congress, such as Wall Street Senator Ron Wyden, vote with Republicans on things that benefit the 1 percent at the expense of the 99 percent. By the way, Wall Street's President Barack Obama likes to vote with Wyden.

The Republican plan for the youth of the 99 percent. On the other hand, about 80 percent of Democrats in congress, such as Wall Street Senator Ron Wyden, vote with Republicans on things that benefit the 1 percent at the expense of the 99 percent. By the way, Wall Street’s President Barack Obama likes to vote with Wyden.

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