I voted today

2016-Aug-02

I got up early today to vote in the primary. On the ballot I saw the name Russ Carnahan. I remember him. He was our “Representative”. Practically every week one of the groups I was part of went to his office to ask to see him and speak with him of our concerns.

Not once did he ever see us or talk to us. Not for one second. And not one second did it take me to decide to vote for someone else. If they will not give me one second of their time, I see not one reason to give them my vote. Never again.

#NoMoreLesserEvils


Message to the Democratic Party

2010-Nov-02

Revelation 3:15-17:
I know your deeds, that you are neither cold nor hot. I wish you were either one or the other! So, because you are lukewarm—neither hot nor cold—I am about to spit you out of my mouth. You say, ‘I am rich; I have acquired wealth and do not need a thing.’ But you do not realize that you are wretched, pitiful, poor, blind and naked.


Back…

2010-Jan-06

After two years of unemployment, I got another contract, to my vast surprise, with a financial services company that is trying with all their might (and your TARP bailout money) to become too big to fail. So you and your grandchildren and their grandchildren are paying for my contract out of the taxes you will be paying for generations.

Thanks, all you as yet unborn, for my job. Now I know why the Republicans want as many kids to be born as possible. They will be needed to pay off all the waste and corruption.


Layoffs up – for you and me

2009-Feb-17

A year ago I said that American workers would suffer huge layoffs…but that the guestworkers replacing us would not be laid off. We, I was right.

And once again, American workers are being laid off by the millions. But not the guestworkers being brought in to replace us.


Infosys has no lay off plans

CHENNAI: IT major Infosys has no plans to lay off its employees and is going ahead with placement of all the 18,000 candidates who were extended offer letters.
….
Asked about the US Government’s decision on restriction of H1B visas and the stimulus packages, he said, “Right now, I see there is no impact…” he said.


Looting the corpse of capitalism

2009-Feb-09

Yeah, I remember capitalism. I remember the fables that company officers have a fiduciary responsibility to manage the company for the benefit of the shareholders. Yeah, right. From the Economist, The bonus racket:

In its last three years, Bear Stearns paid $11.3 billion in employee compensation and benefits. According to its 2007 annual report, Lehman Brothers shelled out $21.6 billion in the three years before, while Merrill Lynch paid staff over $45 billion during the three years to 2007.

And what have shareholders got from all this? Lehman’s got nothing (the company went bust). Investors in Bear Stearns received around $1.4 billion of JPMorgan Chase stock, now worth just half that after the fall in the acquirer’s share price. Merrill Lynch’s shareholders got shares in Bank of America (BofA) which are now worth just $9.6 billion, less than a fifth of the original offer value. Meanwhile, Citigroup paid $34.4 billion to its employees in 2007 and is now valued by the stockmarket at just $18.1 billion.

So the “employees” got five or ten times as much as the shareholders. But, you say, doesn’t that mean that we got that money because we are employees? Nope.

For the last decade these companies and most others have been getting rid of all the “rank and file” employees they can, and replacing them with cheap foreign labor. Fifteen years ago most workers were Americans. Now the executives and middle management are American, but a huge percentage of the rest are guestworkers, except where whole operations have been offshored. (The janitors and such are often illegal workers now.) Most of the “employees” who are getting so much more than the shareholders are the CEO and top executives.

At a typical Fortune 500 corporation such as those listed above the project manager and a lead tech may still be American workers, but most the the rest of the staff, the analysts, the programmers, the systems administrators, the database administrators are now mostly contract workers rather than permanent staff. And the contract workers are mostly guestworkers. At my last gig, I was brought in on contract to a major financial services firm (not one of the above) to work on a major project. I found myself in a room of 90 people. Two of us were Americans, me and a secretary to handle the paperwork. All the rest were guestworkers, mostly from India, but the rest from a wide variety of countries. And that is the “new normal”. Not one was brought in because they had unique skills, and nearly all of them ended up getting canned after a few weeks because they couldn’t do the job they claimed. But they were brought in because they were being paid half as much as the standard wage for American workers. And all the money that was saved on employee expenses became bonuses for the upper management. Just look again at the Economist article. Who got the money and who got the shaft?

They don’t care about the shareholders, they don’t care about the quality of the products they create, they don’t care that when they lay off their workers that those workers they lay off can no longer buy their products. They care only about getting as much as they can get before it all comes crashing down.

And the time for it to all come crashing down is just about now…


Change we can believe in? Where??

2009-Jan-11

So far all of Obama’s picks for top posts have been establishment corporatists, panderers to the wealthy, Clinton retreads. I see no one who represents any change whatsoever, but simply placing those who created the problems into positions where they will just make things worse.

We are entering totally uncharted territory, a world that could make the Great Depression look like a mild ripple, and all we have is more of the same.

When those who “unorthodox” in some fashion, those who are minorities or politically or socially offbeat in some fashion, finally “make it” to be a public success (such as by becoming President), too often they feel a need to be seen as “normal” in every possible way except their own specific difference. They feell the need to be seen as part of the Establishment. And so they may be a small bit of change in making it themselves, but they are too fearful of rejection to dare bring real change.

I fear now that Obama is feeling the inner need for being accepted as “normal” and will break the entire promise of his campaign.

We hired him to bring change, not to merely be it.


“Like a Ponzi scheme…that works!”

2008-Nov-19

After spending the day looking at the pitiful remains of my 401K, and despondent of finding a good way to protect the rest of it, I got out of the apartment by going to the movies, this one a showing of I.O.U.I.S.A., a whodunit about our outlandish national debt, on its way to ten trillion dollars, a bit under two hundred grand of debt for each of us.

The movie, even the cut down version did a good job showing the problem, but didn’t say much about a solution. Neither did the panelists, who seemed to have nothing better to say than “Don’t buy what you can’t afford.”

But the quote of the day came from Bill Emmons, an economist at the Fed. After pooh-poohing the inflationary effects of the Bailout, claiming it would get lost in the wash, he then said that our debt wasn’t that bad at all, since we got it at very good interest rates that were less than our GDP growth rate:

It’s like a Ponzi scheme…that works!

Oh. Really. Well, yeah, of course Ponzi schemes work…if you are the one at the top of the pyramid–like the Fed, instead of at the bottom–like us.


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