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IBM Offers to Send Laid-Off Staff to Other Countries

TheAmit writes to tell us that many recently laid off IBM employees have been offered jobs if they will only move somewhere it is cheap to employ them. IBM's new Project Match program offers some financial assistance for moving and immigration help for visas. "However, the move has not gone well with the IBM staff union. Slamming the offer, a union spokesperson said that not only were jobs being shipped overseas, but Big Blue was trying to export the people for peanuts too. He added that at a time of rising unemployment IBM should be looking to keep both the work and the workers in the United States. "

37 of 493 comments (clear)

  1. Let the CEO's work from India by Anonymous Coward · · Score: 5, Insightful

    on low pay and see how long that idea will last.

    1. Re:Let the CEO's work from India by Toe,+The · · Score: 4, Insightful

      That really is a brilliant idea. If they want to show leadership, they should do just that. See the chart at the bottom of this page. What does $5.8 million come out to in Indian wages? (Sure that. a termination package, but I think it gives a hint.)

    2. Re:Let the CEO's work from India by Austerity+Empowers · · Score: 5, Insightful

      If they wanted to avoid criminal charges for treason, they should be forced to do that. Unfortunately it's not defined that way in the US, although perhaps "aid and comfort to our enemies" might entail employing them and moving our industrial base to their countries.

      This country is an expensive place to live and work because, as a democratic society, we've voted ourselves a lot of cruft. Some of it is good, some of it is excess. There is a price however, and the price is wages.

      Corporations want to circumvent this cruft by simply moving away from the problem (while simultaneously leeching the benefits of it, by maintaining themselves in the US). They leech on our society, using it to protect them while they grow their businesses, taking full advantage of what the country has to offer...while simultaneously selling it out. If it isn't stopped, we'll bleed dry.

      Hopefully people will look at this statement from IBM and say "I don't want to live in China, there's no bill of rights, their legal system doesn't work well [for us], there is no personal freedom, and it's barely a democracy."
      s/China/wherever/g

      Then ask why it is that IBM, who is based in Armonk, NY, should be able to make a profit by undermining our democracy - bypassing laws our government created to benefit us, because they don't really want to pay for it.

      I may agree with them that there's a lot of inefficiencies and excess in some of the things that drive our wages up. But the proper solution is to work within the system, not erode it.

    3. Re:Let the CEO's work from India by Daimanta · · Score: 5, Insightful

      "I don't want to live in China, there's no bill of rights, their legal system doesn't work well [for us], there is no personal freedom, and it's barely a democracy." ... but we sure do LOVE the shit they are selling us!

      --
      Knowledge is power. Knowledge shared is power lost.
    4. Re:Let the CEO's work from India by DigiShaman · · Score: 5, Insightful

      Actually, I thought about moving to Shanghai.

      While you have zero political freedoms, you have a shitload of personal ones. For example, you can drink a beer and walk the street. Light of some fireworks 3am at night 24/7. Solicit your services or wares at any public place. Build a home without fucking deed restrictions...etc

      Basically, 180 degrees ass-backward from the US.

      --
      Life is not for the lazy.
    5. Re:Let the CEO's work from India by Anonymous Coward · · Score: 5, Insightful

      I'm sick and tired of all this populist bull that is everywhere these days. Populism has a point, but the variety that seems popular right now is just empty rabble rousing based not on logic but emotion. Yes, it's all the CEO's fault, those fat cats are the ones who put us in this situation.

      High-flying CxOs have been insisting for *years* that their insultingly high remuneration packages are justified because they are the ones responsible for success.

      Well, that means they must also be responsible for the failures. They are reaping what they have sown. Given that the average person could live in luxury for the rest of their lives on the annual income of some of these people and, well, you're not going to see a whole lot of sympathy from the common man.

      Fuck 'em. They were the ones running the show. How are the bad times not their fault, if the good times were supposedly their achievement ?

    6. Re:Let the CEO's work from India by mochan_s · · Score: 4, Insightful

      If they wanted to avoid criminal charges for treason, they should be forced to do that. Unfortunately it's not defined that way in the US, although perhaps "aid and comfort to our enemies" might entail employing them and moving our industrial base to their countries.

      Great thinking. Why don't we create a blanket law when you can charge anyone, any company on vague reasons as "aiding and comforting enemies"?

      This country is an expensive place to live and work because, as a democratic society, we've voted ourselves a lot of cruft. Some of it is good, some of it is excess. There is a price however, and the price is wages.

      It's "democracy" now that has to do with the wage differentials. A company will hire someone if the wage they pay is less than the benefit to the company. Here it was the case since the our engineers were the best and the workers the most productive. When did that change?

      Corporations want to circumvent this cruft by simply moving away from the problem (while simultaneously leeching the benefits of it, by maintaining themselves in the US). They leech on our society, using it to protect them while they grow their businesses, taking full advantage of what the country has to offer...while simultaneously selling it out. If it isn't stopped, we'll bleed dry.

      Yes, vague patriotic remarks, booming us and them rhetoric and "bleed us dry", a physical pain equivalent. Don't let realism get in the way of all that.

      Then ask why it is that IBM, who is based in Armonk, NY, should be able to make a profit by undermining our democracy - bypassing laws our government created to benefit us, because they don't really want to pay for it.

      IBM should look to be as profitable as possible, as innovative as possible and as much a market leader as possible without breaking any laws. If the government wants to be protectionist and say no import of labor for production of IBM products, I'm sure they'll agree. It might mean that foreign companies will then be able to produce the items that IBM produces for a fraction of the price and kill IBM. (*example the auto industry and the UAW*)

      See this is part of the problem with people on slashdot. We want protectionism when it comes to our jobs. We want to be paid highly and all foreign competition that would potentially lower wages should be taken off the market. But, we don't care when all the factories move overseas where we can potentially buy a dozen computer off each paycheck, or buy all sorts of "toys". We want protectionism in what we produce and free market in what we consume.

      I may agree with them that there's a lot of inefficiencies and excess in some of the things that drive our wages up. But the proper solution is to work within the system, not erode it.

      I say let the wages be worth it. If a third world person in a third world university with the crippling infrastructure and education system can get a good enough education to do the same work at the same quality, then it's kinda silly to ask the government to protect my job. I'd like to think that I'm worth every penny that I'm being paid.

      I know people are scared and I felt scared a lot. But, I just feel we have to be worth it and IBM will have no problems hiring Americans since they're worth every penny they pay. We have first worth infrastructure - fast internet, great libraries, great pool of engineers, scientists etc and to be threatened by a foreigner who has to study in an under-funded university with inept professors and out of date hardware and knowledge is crazy.

    7. Re:Let the CEO's work from India by magarity · · Score: 4, Informative

      I'm living in China because my spouse's company transferred us here. I applied to IBM here and they wanted to hire me and send me back to the USA at the Chinese pay level as an intracompany transfer which they use to avoid the H1-B process (although as a US citizen I didn't even need to apply for the intracompany visa). The pay was a bit under $800/mo for database technical consulting work that's in the $120+ range in the US for the consultant, nevermind what the company charges. Obviously I turned that down, but I have to wonder how many Chinese get sent to the US with this kind of pay thanks to the intracompany visa scheme. The interviewing manager said they "do it all the time".

      BTW - the firecrackers 24/7 is only for 2 weeks around Chinese New Year. They go back to being illegal except for permits tomorrow at midnight. And you might build a house without restrictions but you can't own the land. The government at any time can move you out and take it back for some odd reason - and while eminent domain abuse happens in the US, at least there you get paid fire sale rates for your house before they knock it down.

    8. Re:Let the CEO's work from India by timrichardson · · Score: 4, Insightful

      The fact is that for 20 years the US has been bringing the smartest and brightest internationals to work in the US: other governments paid for the first 12 to 15 year of educating these people, but in a global economy, they go to where they add the most value. I bet a lot of IBM's US patents have significant contributions from foreigners who live in the US. The same economic forces that attract PhDs means lower skilled jobs get exported. We can all except that manually harvesting wheat or hand-making horse shoes are low-skilled jobs that long ago got swept aside by technology. Perhaps it's hard to accept that this process never stopped happening.

      Sorry for any typos, but the typing pool that I normally use to take my dictation seems to have disappeared in the past 50 years.

    9. Re:Let the CEO's work from India by Quinapalus · · Score: 5, Insightful

      There are quite a few states without open container laws. Ditto for fireworks.

      As for building your home without deed restrictions, that will depend on the place you are living. I imagine that rural Mississippi has many less requirements than say, San Francisco.

      Actually, Mississippi meets all of your requirements. No open container law, no prohibition of fireworks, and few deed restrictions. In addition, you can vote, and your property can't be taken away without compensation.

      Also, in Mississippi, you can do other stuff that you cannot in China, like own an handgun. Or vote.

  2. art imitating life by gbjbaanb · · Score: 4, Funny

    So all those laid-off engineers will get a job in sales?

    Good job I don't get to place purchase orders where I work!

  3. I can't believe by Presto+Vivace · · Score: 5, Insightful

    that this is going to go well for IBM. Management is openly admitting that their present American workforce has the skills they need; it is just a question of cheap labor. This is not the time for a company to be picking this sort of fight.

    1. Re:I can't believe by cfulmer · · Score: 4, Insightful

      You're right. They should just lay them off and hire new people overseas. That's a much better way to treat them.

    2. Re:I can't believe by Lulfas · · Score: 5, Insightful

      They are doing the same thing, in effect. They already laid them off, now they want to move them somewhere else so they can get the joys of paying them 5 dollars an hour but not have to figure out what Ishmael is saying.

    3. Re:I can't believe by geekoid · · Score: 4, Interesting

      which they would if they could get equivalent work;which they can't.

      Typically outsourcing works becasue you can get a many to one ration and still save money.

      I executives I know that have done, or looking at doings outsourcing talk about being able to get 5 engineers for every single American engineers and save money.
      Management needs to be there, and it needs to break the project done into several smaller projects to take advantage of i. Even after that it's still half the cost.

      Personally, Corporations tax rate should be based on the percentage of people that work out of country.
      100% of your work force in the US? then no corporate taxes. Base it upon work, not hired employees.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    4. Re:I can't believe by commodore64_love · · Score: 4, Interesting

      >>>They should just lay them off and hire new people overseas. That's a much better way to treat them.

      I hope that was sarcasm. Speaking for myself, I'd rather accept a job overseas than be sitting on my ass (like I'm doing now). You can always continue the U.S. job search from India, and then when you find a U.S. job (if you find a U.S. job), you quit India and come back home.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    5. Re:I can't believe by vux984 · · Score: 4, Insightful

      I hope that was sarcasm. Speaking for myself, I'd rather accept a job overseas than be sitting on my ass (like I'm doing now). You can always continue the U.S. job search from India, and then when you find a U.S. job (if you find a U.S. job), you quit India and come back home.

      Sure if your single and you rent and your life fits in a cardboard box, go for it, its little more than a plane ticket. Try doing it when you own a home and have a family. The financial costs alone, never mind the stress...

      Last time I moved it cost over 20k. (And that's not with an expensive moving company... that's just all the hits from real estate fees, lawyers fees, inspections, etc ad nauseum.) To move with a moving company, probably would have been closer to 40k+. Do that twice in a couple years... you'd probably be further ahead not moving and spending the time unemployed.

    6. Re:I can't believe by dangitman · · Score: 5, Insightful

      To be fair countries that have lower wages also have lower costs of living so it balances out.

      No it doesn't. When you come back home, you'll be totally broke, because the money you earned overseas is almost worthless.

      This is why Polish people can come to the UK and live and send what would be considered a decent amount of cash back home.

      You've just described the opposite situation! Of course it makes sense for people from poorer countries to go work in wealthier countries. But that's not the situation being discussed here.

      --
      ... and then they built the supercollider.
    7. Re:I can't believe by Narnie · · Score: 4, Insightful

      I heard an interesting argument the other day. The proposal was to limit the Executives' salaries to X percentage above the lowest paid employee's salary. That way, For the CEO to get a raise, the lowest paid employees get a bump in pay too. This could make better business sense, but I don't think you can actually legislate CEO salary caps. Of course, if you're touching Federal money because you business can't float on it's own accord, perhaps you should be required to look at how you operate.
      I don't like the idea of Federal involvement on how businesses operate, but I have a hard time convincing myself that a Laissez-Faire environment will encourage easily outsourced jobs to remain in the States. I especially have a hard time agreeing with handing out taxpayer dollars to businesses without any assurances or oversight on how it will be spent. I feel the issues with the economy comes from the CEO and Executive level, and now the Gov is trying to legislate ethics to force businesses to behave like they should have for the past few decades.
      It's too late, the retirement money is blown, the national deficit is too great to create a ponzi scheme like Social Security. Fiscal security is lost for Baby Boomer generation and now it's up to the X and the Why generations to rebuild the American economy. This comes with education, hard work, and time--not legislature and government rebate coupons.

      --
      greed@All_Evils:~#
    8. Re:I can't believe by Xylaan · · Score: 4, Interesting

      Except that a wholesale lowering of the cost of living is generally referred to as deflation. Deflation can be a huge problem, because once deflation starts it risks setting up a deflationary spiral which will continue to weaken the economy until something finally shakes it loose.

    9. Re:I can't believe by Chris+Burke · · Score: 4, Insightful

      You said nothing to convince me that the thousands, if not millions of Americans that already go to poorer countries to work some how have it worse when coming back home.

      Okay, then let me repeat it: Savings. Retirement. Please do not mentally replace these words with "Not living in a box", please?

      The question is not "are they worse off when they come back, compared to when they left". That's the simple paycheck-to-paycheck mentality. The question is "are they worse off versus staying here and working" and the answer is undeniably yes.

      A lot of people on the UK's rich list are foreigners and come from Asia.

      If you're already rich then none of this matters. The people at IBM who may have to move to India aren't rich, and they certainly aren't going to get rich on 1/3rd the pay.

      --

      The enemies of Democracy are
  4. Back Home by CambodiaSam · · Score: 4, Insightful

    What if that happens to be your home?

    I know IBM must employ a lot of workers on visas. Are they targeting that group?

    1. Re:Back Home by Anonymous Coward · · Score: 5, Insightful

      Other companies have done it in the past. Told all their visa employees that they could either stay and risk getting laid off, or go back to their home countries for a fraction of the wages.

      You know, that went well with everyone but the visa employees.

      Americans felt that 'go home you towelhead' feeling swell up within them and were happy, partly because they were not the ones being touched. Managers felt happy because they could lay someone off this way and show some savings they were required to.

      Govt had gotten the full taxes (including social security and medicare ) out of them, so the system was happy. They were liable for lease breakage fees, so the apartment owners were happy. They had bought stuff here and spent their salary here so the shops were happy.

      The visa employees did not have any rights or votes, so no one really cared about them or their plans or inconveniences. Afterall, how dare they live any more comfortably than out of a suitcase? Who told them to lease an apartment? Who told them to buy a car? a home?

      all the comany is required to do is buy them a return ticket on the slaveship (or return flight).

  5. Obviously by Anonymous Coward · · Score: 5, Insightful

    Americans workers would like to work in America for American wages. However, are they also willing to pay the prices of American made products?

    1. Re:Obviously by Frosty+Piss · · Score: 5, Insightful

      However, are they also willing to pay the prices of American made products?

      Americans have grown to feel entitled to a certain standard of living that is disproportionate event to other Western nations. This is because we've been buying on credit. What Americans need to do is live with fewer toys. And, perhaps if we pay the price for American made toys, we will appreciate them more.

      --
      If you want news from today, you have to come back tomorrow.
    2. Re:Obviously by urbanriot · · Score: 4, Insightful

      You deserve the 5 points of insightful, you hit the nail right on the head. As a computer reseller, people don't so much care about quality or the fact that we assemble our computers here in Canada... they want whatever's cheapest and they'll morally validate their decisions however they can.

    3. Re:Obviously by the+eric+conspiracy · · Score: 4, Insightful

      The US has the lowest effective tax rates in the world among developed countries, mostly because of the lack of nationalized health care.

      The reason wages are higher in the US vs. other countries has much more to do with worker productivity and demand for labor than anything to do with tax rates.

    4. Re:Obviously by dangitman · · Score: 4, Insightful

      Unionized workers, of course. Haven't you heard about the troubles of American auto makers?

      Yes, I have, and it has nothing to do with unionized workers. It has to do with mismanagement and less than compelling products.

      As for your original question, the cost of American-produced goods involves many more factors than the cost of labor. So, even if you "got rid of the unions", American goods would still cost significantly more than Chinese.

      Here's a thought: we get rid of the union

      So, you propose to eliminate freedom of assembly?

      and let's see if America looks like a good place to build a productive workforce.

      It would certainly look a lot more like fascism.

      --
      ... and then they built the supercollider.
  6. Employment in other countries. by DeadDecoy · · Score: 5, Interesting

    I have a few tech friends from India and it's funny because one of them said that on a yearly salary in the US, they could retire comfortably back home. Fact is, a dollar goes really far in other countries and companies could probably provide an even better standard of living for their employees if they were located in other countries. Now, I'm not saying that this is the ideal situation. Just that the reality for some companies is that they cannot or will have trouble surviving/remaining competitive when another company, based in a cheaper location, can undercut them by a significant amount. It's not simply a matter of CEOs fattening their profit margins but that eventually, efficiency will take over. What I believe will happen, is that an economic homeostasis will occur (over several decades) whether we like it or not.

    Ah, pay me no heed as I'm just ranting.

  7. Sign here. by girlintraining · · Score: 5, Insightful

    Our culture has put such a premium on the price of goods, at the expense of quality, that it shouldn't come as a surprise to anyone when (like all other resources), labor also finds itself subjugated to this rule. You are now on the dollar menu, Citizen. Ah, but let us rail against our evil corporate overlords instead--it's so much easier to blame anyone but ourselves for this. Labor is dead in this country. You've got "at will" employment, anti-union legislation, and did you know we are the only industrialized country on the planet without a Labor party? Our entire culture has been split up and sold off piece by piece thanks to "intellectual property". You don't own your car, your home, or anything that costs more than about $5,000 these days, stuck paying student loans for the next thirty years, with debt-collection law changes now on the books that make starting over an impossible proposition. We call ourselves a "capitalist" society where the individual has the power and the choice, but tell me dear reader, when was the last time you bought something that didn't come with a contract or a legal document stating what you could and could not do? Want to watch a movie? Read the FBI warning. Use a computer? Read the End User Licensing Agreement. Drive a car? You'll need insurance and a car loan for that. Live in a house? An apartment? Sign here please. You can't even enter a building without "giving consent to search", no cameras or recording devices please (except for us, see the black globes?). Freedom? Where, pray tell, is your freedom?

    One Nation, Under Contract. Please sign on the dotted line.

    --
    #fuckbeta #iamslashdot #dicemustdie
  8. Making the best of a bad situation? by mad_clown · · Score: 4, Insightful

    The general reaction seems to be that IBM is in the wrong here.

    I think it's also possible to interpret this as a sign that IBM recognizes that the people it's laying off are both a valuable resource that it doesn't want to lose as well as a resource that it cannot afford to keep paying. The union's reaction, of course, is hardly surprising of course -- it has its own interests in mind.

    Naturally, this offer isn't one that will appeal to everyone. Obviously laid-off employees with families probably aren't in a position that they can just uproot and move to another country. For others, though, I can see this being an intriguing opportunity.

    I know that if I were in this position -- laid-off, facing unemployment, and offered the chance to go live overseas and stay in the company, I'd seriously consider it.

    TFA calls it an "innovative" solution. That seems about right. It's not perfect and it's clearly not motivated by altruism, but it might actually work out for some people.

    --
    "Cut word lines. Cut music lines. Smash the control images. Smash the control machine." - William S. Burroughs
  9. we all want highest quality for lowest price by circletimessquare · · Score: 5, Insightful

    why does that instinct require moral validation?

    that is an instinct which has driven the entire history of human innovation and technological progress

    the guy who goes "say, i could make a mechanical loom powered by a waterwheel, and sell yarn at $1/ yard rather than $10/ yard" does you a service. of course, he also puts 5 human yarnspinners out of work

    but based on some sort of "moral validation" argument, we should not pursue technological progress. we shouldn't, in order to continue employing the human yarnspinners, and to continue paying $10/ yard for yarn

    no, sorry, not going to happen

    this "moral validation" argument is hollow, and is really just an argument for luddites, and an absurd one at that, since we are both sitting at computer keyboards, arguing over fiber optic cables: innovations that would otherwise be impossible, innovations that, ironically, some of which happened at ibm

    innovation is something that flows directly from human laziness and cheapness. we want more for less. and our minds are such that we can actually dream up ways to make that happen with novel organizational structures, energy sources, and bizarre new materials

    so i say, fuck "moral validation", fuck the yarnspinners, and fuck the out of work american ibmers

    progress isn't all fun and games, and is often cruel. but one of those laid off ibmers will innovate the next big thing that will employ the children of those laid off ibmers, and none of them will question the principle of creative destruction, and they will look at their father's mode of employment the way we look at blacksmithing jobs and chimney sweeping

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
    1. Re:we all want highest quality for lowest price by lgw · · Score: 4, Insightful

      If those out of work yarnspinners find a job payng half as much, but that number of dollars buys 10 times as much stuff because everything is now made in factories instead of being handcrafted, everyone wins. That's pretty much what happened, and a fundanmental flaw in Marx's reasoning about capitalism (he totally missed the fact that workers wages don't need to rise to improve their standard of living).

      Technology trumps everything, standard-of-living wise. It's the reason that 99% of Americans have a higher standard of living than 95% of everyone who has ever lived. Now we Americans just need to stop buying toys on credit, suffer through the pain of that adjustment, and we'll be back on track.

      The current pains are the result of finally having to pay for what we've been consuming. Nothing more. I went through that pain personally about 10 years ago, when I was nearly a year's pay in high-interest debt before I had my moment of clarity. My (now debt-free) standard of livig is higher now than then - just a temporary hardship, nothing fundamental.

      --
      Socialism: a lie told by totalitarians and believed by fools.
  10. Re:Mod parent up! by FishWithAHammer · · Score: 4, Insightful

    Except that protectionism has never fucking worked and was one of the biggest reasons the Great Depression lasted as long as it did, but that's OK.

    --
    "You can either have software quality or you can have pointer arithmetic, but you cannot have both at the same time."
  11. Re:der takin oar jorbs by visualight · · Score: 5, Insightful
    Your position lacks historical perspective, and, is avoiding the fact that in many of these situations the jobs don't have to be exported for the company to remain profitable. The owners simply aren't satisfied with the hundreds of millions per year they're already making.

    The downside is that you cannot simply demand that a company create jobs or bow to your demands that they pay for your society.

    Yes we can. The privilege of a corporate charter, and all the benefits that come from that are granted by the people of the United States. It is NOT a RIGHT. The trend over the past hundred years has been for corporations to take more and more while giving less. The expectation that a corporation will exist to serve the public good is all but gone now and pretty much anyone with the requisite fees can become incorporated.

    Maybe allowing that to happen was a mistake, but, the ultimate authority in this country, the People, have been misinformed, lied to, and manipulated by the same people who own and run these corporations. It is not impossible in these 'connected' times that enough people will become fed up and start revoking charters.

    The wage earners of this country are the engine that drives everything in our present economy, not the stock market, not the capitalists. A strong and healthy middle class is needed to support YOUR standard of living. Take care of it or you too will suffer.

    Regarding your insult to the poor and uneducated in this country (der takin oar jorbs): Your place in society is not at all secure, and if you continue to speak and behave as if it is, you will be the one responsible for your children or grandchildren becoming one of the same people you ridicule. The number of upper middle class 'slots' is becoming fewer and fewer every year and there might not be a chair for you the next time the music stops. The way things are going, it could even happen in your lifetime -people don't always get what they deserve, but you just might.

    --
    Samsung took back my unlocked bootloader because Google wants me to rent movies. They're both evil.
  12. George Carlin - The Real Owners (that's not you) by Savantissimo · · Score: 4, Informative

    The Real Owners George Carlin:

    There's a reason education sucks, and it's the same reason it'll never ever be fixed - it's never going to get any better, don't look for it, be happy with what you got, because the owners of this country don't want that. I'm talking about the real owners now. The wealthy big business interests that control things, and makes all the important decisions.

    The real owners are the big wealthy business interests that control things and make all the important decisions. Forget the politicians, they're an irrelevancy. The politicians are put there to give you the idea that you have freedom of choice. You don't. You have no choice. You have owners.

    They own you. They own everything. They own all the important land. They own and control the corporations. They've long since bought and paid for the Senate, the Congress, the statehouses, the city halls. They've got the judges in their back pockets. And they own all the big media companies, so that they control just about all of the news and information you hear.

    They've got you by the balls. They spend billions of dollars every year lobbying - lobbying to get what they want. Well, we know what they want; they want more for themselves and less for everybody else.

    But I'll tell you what they don't want. They don't want a population of citizens capable of critical thinking. They don't want well-informed, well-educated people capable of critical thinking. They're not interested in that. That doesn't help them. That's against their interests. They don't want people who are smart enough to sit around the kitchen table and figure out how badly they're getting fucked by a system that threw them overboard 30 fucking years ago.

    You know what they want? Obedient workers - people who are just smart enough to run the machines and do the paperwork but just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, reduced benefits, the end of overtime and the vanishing pension that disappears the minute you go to collect it.

    And, now, they're coming for your Social Security. They want your fucking retirement money. They want it back, so they can give it to their criminal friends on Wall Street. And you know something? They'll get it.

    They'll get it all, sooner or later, because they own this fucking place. It's a big club, and you ain't in it. You and I are not in the big club.

    By the way, it's the same big club they use to beat you over the head with all day long when they tell you what to believe. All day long beating you over the head with their media telling you what to believe, what to think, and what to buy.

    The table has tilted folks. The game is rigged, and nobody seems to notice. Nobody seems to care. Good honest hard working people: white collar, blue collar it doesn't matter what color shirt you have on. Good honest hard working people continue (these are people of modest being) - continue to elect these rich douchebags who
    don't give a fuck about you. They don't give a fuck about you - they don't give a fuck about you.

    They don't care about you at all - at all - at all,
    and nobody seems to notice.
    Nobody seems to care.

    That's what the owners counted on. The fact that Americans will probably remain willfully ignorant of the big red, white, and blue dick that's being jammed up their assholes everyday, because the owners of this country know the truth.

    It's called the American Dream cause you have to be asleep to believe it.

    -George Carlin

    (Listen to him - the power of the words heard is so greater than read, it's the difference between seeing a punch and taking one.

    --
    "Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery?" - Patrick Henry
  13. Re:der takin oar jorbs by hairyfeet · · Score: 4, Interesting

    Actually I think a LOT of it can be traced to "owners like you and me" BS. Why? Because we USED to have a nation with investors. Now, we have day traders. And there is a BIG fucking difference. An investor is in it for the long haul. He knows that you have to spend money to make money, that you have to build your business clientele and infrastructure, basically they are looking at the long term picture and investing accordingly.

    Compare that to the short termer or even worse, the day trader. They are strictly looking for that short term profit baby. They don't care if you burn the fucking company to the ground as long as the insurance you gets pays them a good dividend. They do NOT want you to fix anything, or spend the money needed for you business(and this country) to grow. Because that affects the short term profits and that is all they care about. If they don't see the numbers in the quarterly reports that they are looking for they'll dump your stock like it was made of toxic waste and you can watch you company become nearly worthless if they get in a panic.

    But the simple fact is we NEED investors, not short termers. We NEED the heads of companies to be looking at the long term. We NEED them to invest in the business, the infrastructure, all the things that will help them to grow(and hire more of us to work as they do). But instead a company has to run overseas, they have to let the buildings rot around them. Why? Because if they don't hit those quarterly earning reports the stock market can rip them apart. Because nobody is looking at long term. That is why we have such volatility in the market, and why if Steve Jobs coughs the stock tanks at Apple. Because the stock market has become a giant casino instead of what it originally was, which was companies trading their stock to investors to grow their business and paying them dividends in return for their investment.

    Personally, and I know folks REALLY don't want to hear this, but I believe that all this passing the buck and profits above investment will cause this economic crisis to be much worse than they are predicting. I believe that the governments are going to keep pumping money to their friends and flooding the market with cash trying to keep the party rolling and it won't end until we have gone through "Great Depression Part II". Maybe then we will look to straitening out this mess, and we'll reward investment in this country instead of punishing it with tanked stock prices. We'll just have to wait and see.

    --
    ACs don't waste your time replying, your posts are never seen by me.