Simply Politics & News

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Remember Dick Armey?........He was one of the architects who came up with "The Contract With America". When he and others like Gingrich stood on the stairs of the Capital Bldg, or in front of, they held up this contract written on a white sheet of cardboard if I remember?..........what they failed to show was what was written on its back in fine print. On one side it read, "Contract With America" the House Version, the flip side read "Contract Against America" the Senate Version. Armey is a thug. I remember listening to one of his floor speeches when the topic was the raising of the minimum wage during the Clinton Admin.

Going back to 1969 the min wage was $2.35/$2.65 a hour if not mistaken, the min wage was used as a measure that was to help keep real wages in place, at the time of his radical argument against it I believe it was $3.75 maybe $4.25?..........He was enraged, he stated, "he would fight any increase with the last of his breath!". Even if we look at it today over a 40 year period it amounts to about a dime a year.............
http://blog.reidreport.com/index.php?s=dick+armey

When all this was being voted against, the Congress voted themsleves in a huge annual raise when americans slept, and who opposed any increase. Armey was more than happy to get his.

In 1967 the cost of a modest home could be purchased between $20k to $30k depending on its lot and size. I new car could be purchased for $3500/$4000 depending?, some much less. Then lets give a look at corporations and the upper echelons pay pkgs, severance pkgs, retirement pkgs, stocks/stock options, and some who receive this and a company salary+bonuses. How these have insanely escalated annually.

The only way this is achieved is thru them existing as a public entity. Companies like Msft, Orcl, Chesapeake Energy, Exxon Mobil, etc, etc, Conglomerates. My question is why should any remain public corporations?. Its obvious that they can make it without any public support, and if this would have been the case for AIG having grown so big, "to big to fail", they would have never, ever taken on the gambling risk they chose to do......"and now the taxpayers are really on the hook". $170b or more to Aig, and $81b for GM and Chrysler, amounts to a quarter trillion, and counting. Corporations that reach a certain mktcap should have to return to the pvt sector, maybe this would have made them think again before moving abroad, unless they were totally willing to get on one of their exchanges, and deal with foreign govts, like they did in the past with Russia.

My wifes shoes "Nike", made in Vietnam, her jeans were made in Taiwan, and her top from China.............and when I called Msft, the person I was speaking with was in India.

If 911 was America coming together, after the World Trade Center collapsed, and all those who died, like the Firemen who had no relationship with all the businesses who were connected with Wall Street and whose firms were housed there, some had several floors for computer space used for trading, and traded all day long, and some of the owners of these entity chose citizenship abroad so not have to pay US income taxes, nor would their families be subject to inheritance tax for whatever they might leave?.........the bottom line was to skirt around the US tax laws, and utilize all the laws that would help them to benefit from operating in the US, and who chose the World Trade Center, and raked in millions, and hundreds of millions for themselves from these very operations. What we have now witnessed from the collapse of the market, and the economy, the rich got even richer, and the govt made it possible for many to get even richer yet.........America coming together?, short lived. Our govt and corporatism took this country into Iraq then back to Wall Street..........

It would seem these are the reasons we find ourselves in all these predicaments, because corruption is its foundation. The American people for the most part are kept in check, and this keeps the majority under their control, and today the govt knows more about us than we probably know about ourselves in some respects.

Our govt works to force the ideaolgies of capitalism down the throats of every country, and govt in the world?, when they don't want it, and we give a look at our history, whether its the Great Depression, or the wars we've been invovled in, and many in the name of corporatism, or the S&L scandals, or our realty market, or Black Monday, or so called "market corrections" that throw thousands, and millions out of work having lost all their investment money, or the Bernie Madoff's in the US, now its every bank, every investment bank, insurance companies, etc etc, and this last round created on the heels of 911, and forcing war on a country that had not provoked the US that our govt made settlement with after Desert Storm...........is it any wonder that many don't want to be a part of this insanity?.............Look at what occurred during the Afghan/Russia conflict, if we would have kept our nose out of it the chances of Bin Laden getting killed during that war may have been very real.