Absolutely!!
Their way of creating jobs here at home is via China?.
I wish everyone of these publicly traded companies would move there, or Russia, India, South Korea, better yet North Korea. Capitalism could have worked in this country if inflation could have stayed in check, and the people and govt disallowed the kind of gorging we've seen based on the greed of those at the top, and if our Congress had created the kind of regulations that would have given us a fair system that everyone would have benefited from, like growing with the company, and shareholders were the governing body as opposed to board members. But our government is corrupted, and in many ways we see the same kind of crime the Kremlin allows in Moscow an throughout the major, and even small cities in Russia.
Stiff penalties, and harsh jail terms for those who would choose, or have chosen to flaunt the laws. Categorizing their crimes to be the lesser evils, and creating laws that cover "white collar" crime is ludicrous. Plain and simple, you steal, and you go to jail or prison. If a person steals from Kmart they go to jail, and not a special jail, if an employee would embezzle they wouldn't go to a country club. The bigger the crime, the more the time, and none should be protected under some white collar crime bill, its insane. Over the last 4 decades the "avg" Ceo's comp increased from 40 to 1 in contrast to those who labored for these publicly traded companies to 550 to 1 today. Some way way more. Just look at Larry Ellison for example who gave himself approx half (1/2) billion dollars this last year. Salary, bonuses, stock, stock options. What would this come out to be 10,000 to 1 if Oracles bottom earner is making $50k a year?, but unlikely.
As an example those who could afford it could buy a car like a 396 Camaro for around $3500 in the late 60's, and a modest home for $25k to 35k. Today that same home can cost $200k, and more, there is no reason for homes to accellerate in price like this, most homes deteriorate over time regardless of the maintenace, an old home is not the same as a new one, and a similar auto $40 to $50k, and still not get as much a car as then. There needs to be some equilibrium for prosperity, and runaway inflation, and with this the need for cost of living raises, as opposed to just earning a good balanced salary where a mortgage or rent doesn't on average eat more than a quarter of a persons avg earnings nationally.
Its indicative of how out control the greed is, what causes the recessions, or depressions, these are the big red flags that its not worked, nor will it if we're to have a country, and be able to keep its sovereignty, the American people first have to love, posses, or own something, or can work to own something worth protecting, like their families security.
Its hits us all and across every spectrum of our lives. If its not this its the cost of a hospital stay, or the cost of a burial, or the high cost of insurance premiums, health, dental, auto, and home insurance, taxes go up with everything else, the rise in property assessments comes higher home or property taxes. The higher cost of autos comes higher fuel cost, and outrageous repair cost, a 30 part may cost $300 after installation which may be a weekly salary for some. It just goes on an on.
It looks to continue until the entire system collapses in on itself, and it will if things don't change, imo its way to late after forty years of it, and with it all the lies, and most of Americans are not a whole lot better off and some worse, it may appear on the surface that many are doing okay, but underneath it all most are buried in debt, and obligations, a few months of rations stashed away to stave off the flood if the dike breaks, like the phony economies, like the phony market, like the phony dollar, like this phony govt. A balanced system that could have worked for a long time after WW2 if the focus would have been on this country, and its people, protecting its infrastructure, and our communities, and warred against sophisticated crime, and theres enough to go around, especially on the street corners.
Our former presidents, and the last four decades of Congress have sold the country and its people down the river to corporations, foreign govts, their people and their countries, who were proclaimed at one time to be our enemy because they primarily stood in the way for the exploitation of capitalism?, in reality capitalism based on pure and simple greed, and when there's no give, war may be on the horizon. When wars were being raged against other countries, the war should have been raged here at home on many fronts, and not the least to remove every gang in every city who are the real terrorist, and disease.
It should have been raged against illegals, and refugees who come here and who are welcomed with open arms from countries like Haiti, Cuba, and everywhere else, and many arrive, and shortly after set up house and then create their own gangs and drug dealers, and have possession illegally of every kind of gun made.
Instead of this government spends its time printing money, and there isn't enough gold "in the world" to cover it, and like the Ceo's in these companies who dilute and dilute, and dilute by selling worthless paper to unsuspecting shareholders for their gain, and for raising capital in every probable way don't second guess to lay people off, or terminate as they continue to rake in tens if not hundreds of millions for themselves. Wall St loves it.
Eventually they reach a share price that becomes stagnate, and can remain that way for years until they decide to do a r/s, something the treasury isn't privy to. When 1% of the population posses more money, and assets than 90% of the US population combined attempting such a scheme would bring about a Depression of a 3rd world country. The rich would get richer, and like a flock of geese can move or yacht their way to some tropical paradise, or a stronghold to escape the mire they worked to create.
Right now its only a small percentage at the top to include politicians who reap a really good living, security for those who are given careers who benefits come with under the table payouts, campaign funds like Biden who took $2 million plus from his contributions to payoff family who he said helped him during his "short" campaign, money that should have been returned to the committee, or their perks paid for by taxpayers in the way of new lease cars, health benefits, dental benefits, and retirement even if their careers are short lived they can give paid speeches, or sell books based on what they "choose" to disclose on their inside information real or unreal?.
Unlike most Americans who have to work decades and do without alot to have retirement funds that are taxed either before or after.
We have a system that caters to the rich, approx 10% of the overall population, as we get nearer the top of this percentage is the super mega rich who wield it as power, who have Washington at the seat of their pants, who in turn make the rules, and creates the laws, and the IRS who are the enforcers for the rest of us, money used as they see fit, like the bailouts, and gifts to the like of Goldman Sachs to cover their bets, and "Citibank", AIG, etc., etc., etc., tax dollars at work, but not for this country, and not for its people, money talks, and this kind of money can buy and sell these politicians all day everyday, and the result is the exploitation of the working class in every aspect of their lives, the people who make this country work, who builds the roads, and teaches the children, and picks up the garbage, and fights the wars they often create.
We cannot escape experiencing these things, we see it, we hear it, we live it, and acknowledge that people first came to this country to escape the tyranny of suffering in their own country, poverty, and sickness, and were given a bright future with hope, a people who first welcomed them, until the tyranny of greed encapsulated those who wanted to form colonies, then armies, and a new government to control its assets, a government formed by those who had position, status, and the right insiders who could exploit its resources, and in time its people, in many ways its come full circle, and just as in England whose government is made up of a monarchy long dead except for its wealth and status, the ignorance of its people, in particular its parliment still wishes to keep it alive, and is as corrupt as our own caters to those of wealth who are themselves wealthy, especially it upper house, and the countries working class strive to survive.
There's a huge Muslim population that they've allowed into their country from the Middle East, would not like anything more than for it to fall so they could take over internally, a population so large its become a real threat, and it appears that their govt has little power to do anything about. Sounds familiar, the question is what might it look like 20 years from now, and for that matter what will we?. In Oakland there were over a 120 murders last year, all gang related, but not all its victims, like Chicago, like Little Rock, like Salt Lake, like Miami, its an out of control problem in every US city, and its growing worse. It can be matter of just sitting on your porch, walking the dog, a ride in the car, just being in the wrong place at the wrong time.
What if this same kind of attention and force was used to crack down on this stuff over the last 8 years instead of Iraq, and the money used for the deployments, and all, would have been spent dealing with our home grown problems our streets and communities might be just a little safer today. The gangs like those in Oakland have openly told the police they will war with them, and have the guns to do it with if it comes to this. There not afraid of them, and its their turf. Chicago is no better.
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