On Dec 22, 2011, at 11:34 AM, Tom C wrote:
> 
> I've been saying it for a long time (as I'm affected every day by
> either outsourced or on-shored technical workers). When the majority
> of the population is working at McDonald's or Walmart, who will be
> making the money to buy the SUV's and flat-screen TV's?
> 
> I'm not sure it's a matter of mindset, per se for those workers, but I
> generally agree. It's more that their county's labor markets have been
> handed hundreds of thousands of jobs that would have formerly been
> held by native citizens because their labor can be had at a far
> cheaper price. Hence thousands of qualified, but many more
> under-qualified and nominally-qualified workers get the jobs because
> all corporations can see is the immediate reduction in labor costs,
> not the fact that they'll have to do the job three times to get it
> done right, or that they've created a whole class of
> un-/under-employed people in their own backyard. It's basically
> business and political leaders pulling the rug out from under it's
> citizens to increase stockholder wealth, plain and simple. I won't
> vouch for all the claims made on this website but I believe it's
> basically correct:
> 
> http://www.zazona.com/shameh1b/
> 
> Communism collapsed under the weight of it's own inefficiency and lack
> of moral legitimacy. It's leaders acquired and maintained power and
> wealth through fear, and control.
> 
> Capitalism appears to be imploding because it's leaders (business and
> political) are more interested in acquiring and maintaining power and
> wealth for themselves than in seeing to it that the average person has
> the means to make a decent living and provide for their families. It's
> quickly losing it's moral legitimacy as well. When capitalism finally
> devours the citizens it's built upon, it will be dead.
> 
> Put another way, when inflated self-interest turns into blatant
> disinterest in the welfare of others the system becomes strained, and
> historically breaks.
> 
> But I digress, this was about Kodak.
> 
> Tom C.
> 

Well said, Tom C.  Cheers, Christine




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