Barak Obama's Labor-day speech

Obama's speech

"I don’t want to see solar panels and wind turbines and electric cars made in China. I want them made right here in the United States of America. I don’t want to buy stuff from someplace else. I want to grow our exports so that we’re selling to someplace else — products that say “Made in the U.S.A.”

Amen! Hope he means it and pray that he can deliver it.

A case for stimulus

"OUR national debate about fiscal policy has become skewed, with far too much focus on the deficit and far too little on unemployment" - Laura Tyson

Ms. Tyson's essay merits attention but doesn't address the American need fully. China and India are rich because they export product and import opportunity. We need to copy that economic model because ours is not working.

Why do we not do what we must??

So Obama is extending unemployment benefits. Great - really for those who need it it's a must have as no one sits on their ass doing nothing thriving on unemployment benefits, you can't thrive on pittance, though pittance puts some of the food on the table - I know it from experience, so thanks Mr. President, but this isn't enough, nor is the Wall Street fix bill, what's needed is JOBS, so why do we as a people not boot out, boycott those who are the reason for our misery, those who export jobs and import goods which shut down American factories?

In its boom time in 50s-60s America was an industrial nation producing most of what it consumed and Americans were able to afford to buy Made in America because they earned wages according our standard of living. Now the greedy have shifted jobs abroad so they do not have to pay good wages and benefits to Americans and to do business with such people who rob us of our jobs is plain stupid.

Ask those campaigning for November elctions why are they silent on job exports (have they been bought by the enemies of the American people - the very rich powerful people and corporations); vote out anybody who supports globalization and job exports, stop doing business with banks and other businesses which have shifted call-centers (we can answer our own phones in this country) abroad, cut your Made in Abroad by 30% and designate 1 day every week to buy ONLY MADE IN AMERICA.

It makes total sense, so why do we not do what we must?

No more Wall Street down my throat

As if enough wasn't enough AIG paid billions to Goldman Sachs, Merrill Lynch etc. settling it's debt in full. Why was the debt not discounted since we the tax payers are paying for the survival of this corrupt institution made of enemies of American people is beyond my comprehension.

Ethics amongst thieves I guess?

To avoid all assumptions of complicity or softness towards rapacious big business Mr. Obama should remove Neel Kashkari from his position, after all his former firm did receive a very fat chunk of money from the bailout funds given to AIG. Was Neel aware of how our money was going to go to his former firm and friends? Or not? Why take chances of a wolf in an aviary?

In this government there should not be any Wall Street loyalists, only American loyalists. That would prove that Goldman Sachs and Wall Street do not own 1600 Pennsylvania Avenue and our conscience.

And on the subject of Wall Street why doesn't Citi bank get it that this isn't the time to spend millions on new Executive suites? I guess greed of thieves?

American CEOs An American Problem

In the February 2009 issue of Conde Nast "Portfolio" Matthew Cooper quotes Jack Welch as being apoplectic, "If business leaders are not aware of this terrible piece of legislation, they should be. It would hurt us dramatically in our ability to be competitive globally."

Mr. Welch was referring to Employee Free Choice Act (EFSA) which would make it simpler for employees to unionize. And his ire is obviously directed at employees who wish to unionize, organizations like Service Employees International Union (S.E.I.U) which are encouraging workers to join unions as a way to safeguard their interests, and the President who per Mr. Cooper was a sponsor of the EFSA bill.

With Mr. Welch implying that the interests of Corporate America are at odds with the interests of the American worker, and Mr. Jim Owen of Caterpillar reportedly against Buy American provisions of President Obama's stimulus plan its fairly obvious that the shining lights of American business are at loggerheads with what the President and those who elected him think are in the best interest of a common American.

Somewhere along time the interests of Corporate America have become contrary to the interests of America as a nation, where nation includes living, working common people, raising the question if the health of a company is more important than the health of the country, and what is the definition of patriotism on Wall Street. The stock market has not been a true mirror of the American society for decades as the middle class has eroded with the closing of small businesses and factories, and now corporate titans resisting the messianic efforts of the President to help America seem nothing short of villains who continue to push down American standard of living by denying American workers decent wages, exporting jobs and importing workers for jobs for which local talent is available.

If this selling out to foreign countries with cheap labor doesn't stop what comes next? Common Americans sending their parents to Indian and Chinese retirement homes? And getting treatment in Indian and Chinese hospitals?

In the land of the free and the brave muzzling unions is trampling on the spirit of this land, and

• America needs to be globally competitive and at the same time pay top quality salary and benefits to American workers
  
• Ban products and services from countries with lower worker salaries and befits until they raise those levels to match US/ European/ Japanese standards, creating level competition based on quality and innovation instead of the current competition from producers and providers of cheap products and services subsidized by their governments
  
• And if these leaders have determined that a well paid American worker is not in the best interest of the American company then the first job to be outsourced is the CEOs as that job costs the company the most money; and since a CEO's job is cost cutting, receiving huge bonuses and when losing to foreign competition fire American workers, that job could be done by a foreign contracted CEO at a much lower cost.
  

Revolutions are a normal course of history when one class of people preys on another class too long and the oppressed rebel. A CEO who cannot create a product and a market without slaughtering the interest of his American staff is like the old Aristocracy whose time has come. We fought a war in 1776 now its time to free ourselves again.

Off with their heads - fire them, and along with them rid ourselves of those intellectuals who support these anti-American CEOs like court jesters and poets supported their ill willed Kings.