unions killing jobs...

[Cannon Shell]

Teachers and autoworkers unions are almost purely political organiations now. They still fleece as much as possible but mainly to add more money to their own account.

Comparing the US to countries like Luxemborg is silly. When adjusted for GDP of course we will look worse.

The idea that Mexican teachers make more money than our teachers is funny. I had a guy working for me as a groom a few years ago from Mexico that was great at fixing stuff around the barn. I asked him what he did in Mexico. He said he worked as an electrician for the power company. I asked him why he was here since that job sounded like it should pay pretty well. He said he made about $125 a week there (which he thought was ok) but the real reason he quit was that sometimes when they were on the poles if too many people called to complain about power being off, the supervisors would turn the power back on. A guess a couple ofhis coworkers got zapped. He made around $450 a week here. So if skilled electricians were making $125 a week in an extremely dangerous job I'm doubting that Mexican teacjers are making out really well.

The idea that 45k as an entry level salary is not good in most area's of the country is laughable.

[Riot]

Originally Posted by Cannon Shell

The idea that 45k as an entry level salary is not good in most area's of the country is laughable.

Promulgating the idea that unions are responsible for financially destroying this country is beyond absurd.

[Cannon Shell]

Originally Posted by Riot

Promulgating the idea that unions are responsible for financially destroying this country is beyond absurd.

Who said the country is financially destroyed?

[Riot]

Originally Posted by Cannon Shell

Who said the country is financially destroyed?

Nobody. We are swimming towards our best, most profitable decade in the past 100 years, with record GDP growth and a burgeoning middle class expansion. Construction, electronics, automobiles - flourishing!

Or, our middle class has been effectively destroyed for years, the majority of the wealth of this country is now in the hands of a few, businesses are holding 1.2 trillion out of the economy, our jobs are all overseas, Wall Street no longer makes money by growing strong corporations but by gambling on their success or failure at the expensive of investor funds, corporate CEOS have zero incentive to make their businesses successful for their investors as they still get million-dollar bonuses even if their company goes bankrupt, the days of steady 8-10% investment growth over years of time in 401K's is long gone, and the GOP wants even more tax breaks for their corporate masters, the poor suffering businessmen. Who would make jobs, lots, of jobs, tons fo jobs, if we would just cut their taxes even more, so they would feel ... "confident".

Oh, yeah, and can we disassemble all regulation - workplace safety, employee, EPA, etc. - to make it more convenience for them to do whatever the hell they want with no accountability? Great! Thanks.

[Cannon Shell]

Originally Posted by Riot

Nobody. We are swimming towards our best, most profitable decade in the past 100 years, with record GDP growth and a burgeoning middle class expansion. Construction, electronics, automobiles - flourishing!

Or, our middle class has been effectively destroyed for years, the majority of the wealth of this country is now in the hands of a few, businesses are holding 1.2 trillion out of the economy, our jobs are all overseas, Wall Street no longer makes money by growing strong corporations but by gambling on their success or failure at the expensive of investor funds, corporate CEOS have zero incentive to make their businesses successful for their investors as they still get million-dollar bonuses even if their company goes bankrupt, the days of steady 8-10% investment growth over years of time in 401K's is long gone, and the GOP wants even more tax breaks for their corporate masters, the poor suffering businessmen. Who would make jobs, lots, of jobs, tons fo jobs, if we would just cut their taxes even more, so they would feel ... "confident".

Oh, yeah, and can we disassemble all regulation - workplace safety, employee, EPA, etc. - to make it more convenience for them to do whatever the hell they want with no accountability? Great! Thanks.

Again who said the country is financially destroyed?

Funny thing is all those middle class people who started investing in wall street in the 90's weren't complaining when they were making money hand over fist and filling up their retirement accounts on bs internet companies when riding that bubble on many of the same failed investments that everyone complains about now. What about the hundreds of billions of dollars union pension funds have invested in wall street investments? No complaints when their investments in these same companies that they demonize are profitable?

[Riot]

What about the hundreds of billions of dollars union pension funds have invested in wall street investments? No complaints when their investments in these same companies that they demonize are profitable?

Nobody complains when you invest in a company and it is profitable, and most people can take a company not being profitable.

But that's not the way to make money on Wall Street for some time now. That's the point and why people are angry.

The way big money is made now is not purchasing stock in companies, but buying and selling packages of crap like mortgage derivatives. No longer is it buying and selling hard assets and business acumen.

You have Wall Street companies that sell stuff to their investors, then the company takes the short position. And it hasn't been the investors making money.

[Cannon Shell]

Originally Posted by Riot

Nobody complains when you invest in a company and it is profitable, and most people can take a company not being profitable.

But that's not the way to make money on Wall Street for some time now. That's the point and why people are angry.

The way big money is made now is not purchasing stock in companies, but buying and selling packages of crap like mortgage derivatives. No longer is it buying and selling hard assets and business acumen.

You have Wall Street companies that sell stuff to their investors, then the company takes the short position. And it hasn't been the investors making money.

So it is ok for union pension fund to profit from companies that supposedly are doing harm to their workers in order to make that profit bigger?