Big Business Got Greedy

Discussion in 'Immigration/Illegal Immigration' started by WhatTheHell2, Nov 24, 2008.

  1. WhatTheHell2
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    WhatTheHell2 Member

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    BIG BUSINESS GOT GREEDY

    Big business got greedy and wanted to get bigger and make more money and in the process got corrupt.
    First they took full advantage of sending jobs out of the country so they could produce more for less. For the jobs that were left, they got an unlimited supply of cheap labor from Mexico by way of illegal aliens. This took jobs from Americans and lowered their wages so they did not have money to put back into the economy.

    Then they gave loans, home and cars, to people who they knew would eventually default and they did not care about anything but the short term dividends where they made lots of money but did not see the eventuality of the end scenario. The money would stop coming in and they would be left with houses that were not longer bringing in money and they could not resale because no one had money to spend because they were not working.

    Auto industries got greedy and built bigger and more expensive gas guzzling cars that sold, short term, but eventually people could no longer afford to buy them and they stop selling and auto industries stop making money.

    Corporations got too big for their britches and so did Americans. All of America got too big and need to come down a notch and start living within their means. Consumers cannot spend money they do not have and government is spending money they do not have.

    Big businesses are not the only ones that got too big. There are all levels of business that have had to downsize after expanding. Here is Reno, Mervyns, K-Mart, Circuit City, Target, to name a few.

    Obama has to put Americans back to work rebuilding American for Americans. No cheap foreign laborers need apply that will send earned money out of the country to go into Mexico’s economy instead of back into our economy. Mexicans send 20 billion back to Mexico each year contributed to our economy’s failure.

    I AM RETIRED ON A SMALL RETIREMENT AND I LIVE WITHIN MY MEANS AND MANAGE TO HELP MY FAMILY WHO IS IN TROUBLE BECAUSE THEY LIVED LARGE AND I STILL MANAGE TO SAVE.
    THERE ARE NEEDS AND THERE ARE WANTS.
     
  2. sealybobo
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    sealybobo Diamond Member

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    I came in to work today with the intention of posting almost exactly what you posted. Thanks for saving me the time. Let me see what else I may add. But great post.

    This is to all the people I argue with on these boards. SO WHAT! That's my answer the next time you say, "but that will raise costs" or "corporations will just pass that on to the consumer". SO WHAT! First of all, they'll jack up the price on anything if they can get away with it. Look at gas. No one did anything to cause gas prices to go up. It didn't go up because of demand, China or any of that. It went up as far as they thought they could get away with. Then it trashed the economy because no one was spending money on anything else.

    Anyways, we need to bring manufacturing jobs back home and we need to get the illegals out. Before Reagan got into office, we had 2 million illegals here. Today, 12 million. And in 1999 the Big 3 made profits. What's changed? Toyota, Honda and every other foreign car manufacturer that's selling cars in America, when their countries won't sell American made cars?

    I don't begrudge Honda and Toyota manufacturing here in America, but NO IMPORTS! If it's made in Mexico, sell it in Mexico!!!

    It's all about lowering our wages. Google CORPORATE PROFITS in 2007. You'll see corporations were doing fine. I believe this horrible economy was done on purpose by the super rich. And I know people who made a million dollars a year who thought they were on the right side of the HAVES vs. HAVE NOTS and they are finding out that they weren't.

    Call me a conspiracy theorist, but this was done on purpose by the top 1%. And look, they won't even suffer, because they're bailing themselves out.

    So I can't be against the Big 3 bailout because millions of Americans are depending on their survival, but ultimately, they're still going to lower our wages. And notice how the Southern Republicans want the Big 3 to fail? That's because Honda and Toyota are in their states. They want to benefit from our failure. Only they don't understand it'll take the entire economy down.

    And what if we are attacked again? In WW2, we had the Big 3 build Tanks, Planes, Bombs and Ships. Who'll build them if we don't have a manufacturing base? Will we have China build our war machine after they attack us?

    We need to kick ever illegal out of this country. If American's won't do it for $5 hr, pay em $10. We work in coal mines for the right money, so I'm sure we'll pick fruit if you pay us right. It'll raise the cost of fruit? SO WHAT!!! Turn the $1 Store into a $2. We can't send jobs overseas. It used to be wrong to work with slave laborors. What happened to those days?

    This is the end of Bush Capitalism. Free Trade. Unfair trade practices. Tax breaks to overseas companies.

    You wonder why countries go socialist or communist. They're cutting our wages and CEO's are making $20 million a year???

    I heard Honda's CEO makes $1 million a year and they profitted last year. Then Ford's guy made $20 million and they lost billions? Unacceptable.

    That doesn't mean break the unions and send more jobs overseas!!! For God sakes!!! It means cut Ford's CEO's pay to $1 million dollars a year. When they profit, he can get a million dollar bonus. $2 million is plenty. If there is any more money to go around, it goes to the shareholders and labor!!!

    Wake up America!!! You want cheap products, but soon your job will be affected by this never ending quest for more and more PROFIT!!! Soon your company will ask to cut into your wages so they can make more profit!!!
     
  3. catzmeow
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    catzmeow BANNED

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    Last edited: Nov 24, 2008
  4. editec
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    editec Mr. Forgot-it-All

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    Hmmm...looks like I came to the right thread.

    So, comrades, how exactly do we fix this problem?

    Here's a clue...guns won't fix it, votes will.
     
  5. sealybobo
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    sealybobo Diamond Member

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    I'm inside sales. They could send my job to India.

    Indian IT Technicians & Engineers can take those jobs.

    They screwed manufacturing because many of us don't work in manufacturing.

    I've read articles about people in other industries where they thought they were safe but they were not, like archetech's.

    And even my pharmacutical rep buddies who won't ever lose their jobs to an illegal and their job can't be send out of the country. Their companies are raising their quotas and demanding more for less. They're experiencing layoffs and the new people they hire are not getting as good a deal as my buddy who entered the company 15 years ago. And their companies are being sold to foreign investors.

    They're now hitting us from all sides. Reagan started this movement and Bush accellerated it. I don't know if Bush and the GOP let 9-11 happen so they could push their radical agenda, but if you read books like Shock Doctrine and/or Desaster Capitalism, you'll see it sure does look like this is all by design. Bankrupt the treasury so you can end social security and social programs. Flood the market with illegals and send jobs overseas so you can lower wages. Create a crisis, like this Depression, and get away with anything. They control the money, so they control us.

    And we are sheep! The fact that any middle class American is arguing with us any more tells me American's are really dumb.

    $20 million to CEO's and they can't afford to pay us $35 hr. HA! They can afford it, but why afford it when you can pay slave labor wages?

    Remember the saying:

    When the Nazis came for the Communists,
    I remained silent;
    I was not a Communist.


    When they locked up the Social Democrats,
    I remained silent;
    I was not a Social Democrat.


    When they came for the Trade Unionists,
    I did not speak out;
    I was not a Trade Unionist.


    When they came for the Jews,
    I remained silent;
    I wasn't a Jew.


    When they came for me,
    there was no one left to speak out.
     
  6. sealybobo
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    sealybobo Diamond Member

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    We already voted. Obama is going to run his presidency the same way he ran his campaign. He's going to use the internet.

    Will he kick illegals out? Will he bring manufacturing home? Will wages continue to go down in first 4 years?

    I hope and expect him to take on Corporate America and the Rich.

    Did you know the two Adam's and the two Bush presidents roots trace back to the mayflower? Do you get the feeling the rich feel like this is their country and they own us? They've done this before. The Guilded Age and the Great Depression. That's when the rich get richer and the poor get poorer.

    So Obama will have to come up with his own NEW DEAL.
     
  7. Care4all
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    Care4all Warrior Princess Supporting Member

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    Sealy...I have less faith that obama is change....

    His picks for his administration are bigtime FREE TRADERS....and are wall streets big guns in the financial arena....

    Basically....with the guys he picked, there is going to be the same ole same ole....there was no Change....
     
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  8. sealybobo
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    sealybobo Diamond Member

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    He's picking people that know what they are doing, but ultimately they all work for him.

    Bill Clinton did sign NAFTA, but it was the GOP that abused NAFTA. I don't think Obama will abuse it.

    If they are not acting on behalf of the American people, then they'll be replaced.

    I would reserve my judgement if I were you and wait to see what they do.

    I heard today on Fox he might not end those tax breaks to the rich. That would be bullshit, but I guess in this economy, raising taxes on anyone is not an option? I say that's bullshit thought. Maybe I wouldn't raise taxes on the top 10%, but I would for sure on the top 1%. But then they're the ones who are holding us hostage with this bank bailout shit. That's why I think Obama is going to try to work with the establishment to see what he can do without rocking the boat too much, and that's why he's hiring people who know the inner workings of the Federal Reserve, but make no mistake, Obama is not going to be duped by the super rich. He's going to take back America for us.

    If not, he'll be gone in 4 years.

    And someone last week said there is no class warfare. Who was that again? Jsanders. That's right. What a dope to think this isn't class warfare.

    If Obama is no change, then we are powerless. What are you suggesting is going to happen? I do agree that he might not raise wages overnight and bring all the jobs back overnight, but Clinton added jobs and the BIG 3 were profitable in 1999.

    The big difference now is that they have to compete now with Honda and Toyota. But competition is good for consumers, right? Just as long as it's an even playing field. The union is going to have to stop being such a drag on their companies so they can be competitive. And we need socialized medicine so we can take that off employers plates.
     
  9. Care4all
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    Care4all Warrior Princess Supporting Member

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    If he has picked BIG TIME free traders, along with the head of the Federal Reserves as his new treasury secretary....HOW IS THERE going to be any change? These ARE the inner circle people that have ruled us for generation upon generation.

    Yes, i understand they are experienced, but experienced at what? Being BIG TIME free traders?

    Our only hope is that Obama advises them and they dont advise him....at this point....

    I still think that Obama can make some changes that could be good for us, with other things, but as far as his financial picks....they are buddies with the ones that BROUGHT OUR COUNTRY to its KNEES.

    Care
     
  10. Ravi
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    Ravi Diamond Member

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    GOT greedy? They've always been greedy. Companies don't exist to make you happy, they exist to take your money.
     
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