View Single Post


November 27th, 2012, 14:07
Ah, so that brownish figure in the caricature should be a bread ?

Edit : And to me, this is of course an welcome argument pro towards my thesis that "the richer = the more greedy" people become.

Very interesting is this, too :

Hostess' financial choices may be sound reason for workers' revolt, but they're all too common in modern American business where workers pay has stagnated since the 1970s, while CEO pay has increased by 725 percent. Think that's a typo? It's not.

And according to ThinkProgress, the impetus to protect executives over workers, even during executive-led financial misery, is now simply standard protocol. At the manufacturing company Caterpillar, workers pay was frozen while the CEO received a $17 million raise. And at Citigroup, CEO Vikram Pandit received more than $260 million in compensation even after his company’s stocks lost 88 percent of their value while he was in charge.
And THEN the Republicans STILL are against taxing the rich people ? Insulting.

Well, now we know why the U.S. has such an massive unemployment problem : Worker cuts, plus rise of management payments.

Plus, and this is imho even more important : The cuts the workers receive cannot be spent to support the in-land economy / in-land market.

The money workrs can't spend is missing as a support for the in-land economy => more insovencies & bancrupts.

Meanwhile, all the money flows up, like a river stream.

Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius and a lot of courage to move in the opposite direction. (E.F.Schumacher, Economist, Source)
Last edited by Alrik Fassbauer; November 27th, 2012 at 14:46.
Alrik Fassbauer is offline

Alrik Fassbauer

Alrik Fassbauer's Avatar


Join Date: Nov 2006
Location: Old Europe
Posts: 16,057