If that is how you see it. To bad you also live in one controlled by corporations, your no different.
There are revolts in Iraq and Bahrain and last I check Iraq is still a democracy and Bahrain is a wealthy country.
These revolts are special; these are not old fat men in white robes or taliban with scarves concealing their identity, these revolters are all under 50 and complaining about inequality of wealth.
They need these protests (again) in Eastern Europe and I hope they come to Canada and the United States. We live in a bull**** country when a starter home in the city is $800,000 and most of us will never make more than $60,000 a year; if you are even so lucky to have a job.
They need these protests (again) in Eastern Europe and I hope they come to Canada and the United States. We live in a bull**** country when a starter home in the city is $800,000 and most of us will never make more than $60,000 a year; if you are even so lucky to have a job.
I think that was the norm before the housing bust. Trying to sell a house for 800K today would be a near impossibility IMO. At least in Massachusetts where I live. Housing prices were so over inflated because banks made loans so easy to get. So people were buying these 600K and 800K houses when the REAL worth was 300K or 500K.
Now when they lose these houses they are stripping them bare of copper and fixtures to pay for their first month rent.
Our housing bubble is not the same and ours hasn't been popped yet. I remember in the 1990s; if you drove a half hour away, you could get a brand new home for $70,000 and now the same homes are being sold for a million plus.
Especially in the Greater Vancouver Region; if the bubble popped tommorrow, than most lots and homes would return to their real value between $60,000 and $150,000... we are talking about a five bedroom 1500-2500 SQF homes; not a McMansion or anything.
Not that a bubble bust would benefit everyone. There are people out there financing an education or a business through the inflated value of their homes.
I was at a conference and I met a fellow from Canada. He said the only difference between the US and Canada is that their housing bubble hasn't popped yet. He said it was bound to pop... it just hasn't... but it will.
I hope it does not. It isn't fun.
The Egyptians were controlled by a brutal oppressive dictator, who used torture and murder to control the people through fear. Yet they rose up and overthrew their overlord..
To overthrow the neo-cons and their corporate backers, all we have to do is figure out that their agenda conflicts with our interests and vote selfishly.
What does all this Arab talk have to do with Wisconsin? Has the left hijacked us again.
This is all something that should have been brought under control years ago, we or most of us were blind to what was happening. All the members of Congress and Senate have a vested interest in any industry/profession that has a union that financially supported them. The unions will eventually win in Wisconsin as well as the nation.
Private sector unions in America are in their death throes. Public sector unions are trying to save themselves. If they succeed, taxes will go up. If taxes go up jobs will be lost and capital will flee. Capital can go anywhere in the world it wants now. That's the result of globalization.
Private sector unions in America are in their death throes. Public sector unions are trying to save themselves. If they succeed, taxes will go up. If taxes go up jobs will be lost and capital will flee. Capital can go anywhere in the world it wants now. That's the result of globalization.
No question about it, American labor has to learn to live on less it we hope to be competitive again in this world. Private sector unions will soon feel the effect of what they helped cause, in fact they have already.(auto companies, appliance manufactures etc.) Jobs went south. Unions have outlived there usefulness and are destroying states economies.
Do exceptions prove rules? How many civil servants walk away with that sort of package?ES: We had a state worker walk away with $450K last week in unpaid sick and vacation time. Four Hundred and Fifty Thousand Dollars... a State Worker!
McCain Economic Adviser Carly Fiorina's Golden Parachute - Political RadarRepublican ticket mates John McCain and Sarah Palin Monday blasted corporate executives who leave their company with a "golden parachute" and pledged to "stop multimillion dollar payouts" to CEOs, seeming to forget their own top economic adviser Carly Fiorina walked away with $45 million, including a $21.4 million severance package when she was dismissed by Hewlett Packard in 2005. "We are going to reform the way Wall Street does business and put an end to the greed that has driven our markets into chaos," McCain said at a campaign rally in Florida Monday, as Wall Street reeled with the news that brokerage firm Lehman Brothers filed for bankruptcy and Merrill Lynch was sold to Bank of America.
"We will stop multimillion dollar payouts to CEO’s who have broken the public trust....
Do exceptions prove rules? How many civil servants walk away with that sort of package?
If you want to talk about outrageous severance packages, what standard for CEO's of large corporations.
McCain Economic Adviser Carly Fiorina's Golden Parachute - Political Radar
Has that happened yet? Or do CEO's still get multi-million dollar payouts???
Is your rage against everyone who gets outrageous packages or just civil servants...
Private sector unions in America are in their death throes. Public sector unions are trying to save themselves. If they succeed, taxes will go up. If taxes go up jobs will be lost and capital will flee. Capital can go anywhere in the world it wants now. That's the result of globalization.
What companies do with their own money is between them and their shareholders. It has zero effect on anyone else.