Is it time to start closing the wage gap?
- Thread starter JLM
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Catherine Austin Fitts: The Black Budget And The Leveraged Buyout Of The World Using Stolen Money
Posted on November 10, 2011 by horse237
Catherine Austin Fitts said we are witnessing a Leveraged Buyout of the world that will permanently end democracy. The elite has bought all the politicians and the media. They have stolen enough money to earn 2 trillion dollars a year from their investments. She said 2 trillion dollars a year is sufficient to fund a world government.
Wall Street and the City of London have been given more money in Bailouts than the total amount of money the United States spent on all of its wars. Wall Street was also allowed to steal 8.5 trillion dollars from Defense Department spending that we are not allowed to audit. When she was Housing Commissioner in the first Bush administration, she once saw on one city block ten government guaranteed loans on buildings that never existed.
Separately from that Jim Willie has said when the Federal Reserve sells Treasury bonds, they sell more than the deficit. This fraud has added trillions more to the LBO Buyout fund.
As I have said previously, the banks are allowed to launder a trillion dollars a year in illegal drugs and weapons. They also launder 500 billion dollars in political bribes.
Catherine has written and spoken often of mortgage fraud. The bankers were allowed
Posted on November 10, 2011 by horse237
Catherine Austin Fitts said we are witnessing a Leveraged Buyout of the world that will permanently end democracy. The elite has bought all the politicians and the media. They have stolen enough money to earn 2 trillion dollars a year from their investments. She said 2 trillion dollars a year is sufficient to fund a world government.
Wall Street and the City of London have been given more money in Bailouts than the total amount of money the United States spent on all of its wars. Wall Street was also allowed to steal 8.5 trillion dollars from Defense Department spending that we are not allowed to audit. When she was Housing Commissioner in the first Bush administration, she once saw on one city block ten government guaranteed loans on buildings that never existed.
Separately from that Jim Willie has said when the Federal Reserve sells Treasury bonds, they sell more than the deficit. This fraud has added trillions more to the LBO Buyout fund.
As I have said previously, the banks are allowed to launder a trillion dollars a year in illegal drugs and weapons. They also launder 500 billion dollars in political bribes.
Catherine has written and spoken often of mortgage fraud. The bankers were allowed
Guess I didn't make myself clear, when I alluded to dog f**kers I certainly wasn't thinking of the C.E.O.
Very well written post!
I don't, but I'm sure willing to take the risk!
Well written post!
You got that right.
That's hilarious, perhaps 1/4 the number who have pawned you, just in the past year!
If paying someone 184X more than the janitor earns the company $millions, they are worth every penny.
Why leave to others what you can do for yourself?
There Are scores of legislation to protect workers in this country. If your not intelligent enough to use them and seek representation for yourself, to bargain you're wages, then you are the only one to blame for you're own stupidity, don't you think?
All I see is someone who is not taking full responcibility for themselves in you're opinion.
I fully agree 100% but the big word here is "if". Actually I doubt if that is very often the case. I've worked under a lot of people who were quite willing to take all the credit for success of the organization, but quite often the truth of the matter was their skills were limited to what they got out of a book and their credentials were limited to a piece of paper from some institution. They couldn't operate the survey instruments, couldn't even pull a f**king chain or operate a chain saw or even a machete and had limited drafting skills. Actually I could name two or three who were good for f**k all and hard on grub! On the other hand I've also worked for people who came up through the system and were quite proficient at most of the chores and operations and people recognized they were worth their salt. A good leader also trains his people so the organization doesn't depend entirely on one person.
You doubt these people are hired and are paid their worth based on merit? Companies just hire in the hopes of making money?
I worked for the gov't (which is infamous for wasting money) Of course most of the projects aren't profit based. I generally did my best to see the taxpayer got the finished product at reasonable cost. A lot of times upper management just "looked after" their buddies.
All of the above, but hopefully in the majority of cases it's based on ability and performance. With Gov't the Union can f**k that up.
One example - We had a Regional Mgr. who was an Englishman and an engineer, whose skills at managing were probably O.K. Our branch had an opening for a manager under the Engineer, who was also an Englishman, but he got hired although his background was in a different type of work and his knowledge was text book based. We had an extremely competent technician with 30 years experience who came up through the ranks and should have had the job, instead of importing this "fish out of water" from Edmonton who had some experience at subdivisions- not a f**king clue about highway construction. He probably knew what a cosine is and that was good enough to get the job. Anyway that was almost 30 years ago.
I worded it rather poorly, the guy who got the position was an Englishman.
Civil Engineering is both urban streets and highways. Did the "worked up the ranks" fella have a Civil Eng diploma or even the lesser Civil Eng Certificate?
Question for ya JLM; "Is E Hunter Harrison worth his salary"?
Question for ya JLM; "Is E Hunter Harrison worth his salary"?
I see you still haven't answered her 2 QUESTIONS! She didn't voice an opinion, she asked 2 questions.
I'm not familiar with that name.
I just read up on him briefly. He's waaaaaaaaaaaaaaaaaaaaay out of my league. Sounds like he's an American. Can we not find a Canadian who is qualified for the job? As far as being worth his salary, I guess that's up to the person paying his salary. My question would be did he actually earn the money or did he do on the backs of subordinates? I don't know any of the answers.
I can answer the questions based on my opinion, not a problem.
"Why should we close the wage gap? Why shouldn't it be even wider?"
1. To reduce the disparity between rich and poor.
2. That would only increase the disparity between rich and poor.
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Had you have read more you'd find his speciality is pulling companies from the brink of bankruptcy turning them into stellar, efficient, money making companies and saving thousands of jobs.
That is why he and others make the big bucks.
That is why he and others make the big bucks.
Do you think they accomplish that all by themselves or do you think some of the credit belongs to other team members they are working with?
Sh-t flows downhill. These are the types of CEOs who fire everyone who f-cked up and bring in fresh top of their game execs who will dedicate their lives to the company.
Sometimes, other times the C.E.O. f**ks up and some poor fall guy gets the axe. I'm basically on the side of the worker. We all basically have access to the same number of hours in a day and when I hear of a guy earning $30,000 an hour (being born at night but not last night) I get a little suspicious.
The worker doesn't exist without skilled management and in management just like like labour, you get what you pay for.
A good worker is also a good manager, and a good manager is also a good worker, what seems to some like two distinct qualities are not, they are one and the same. In that sence labour rules. Or will you argue that the brain does not burn calories?