lost 40% of the world's $$? Everyone now is complaining about how unions have destroyed everything
Yet basic facts show union membership has DECREASED by a large margin in the past 20 years which in turn means unions give less cash to politicians and have less influence now.
Wall St alone was responsible for the massive fraud which lost 40% of the globe's wealth
Enron MANAGEMENT were alone responsible for their fraud
MCI MANAGEMENT were alone responsible for the massive fraud which was largest in American history until the AIG fraud which almost collapsed the country
So why is everyone pissing+moaning about unions getting firefighters $33K a year and benefits
When it was the ultra-rich, elite Wall St criminals who tanked the economy and have not paid any consequences for their actions or even had government even attempt to put in new regulations to prevent the same fraud from happening again
I see people forget Bush actually did the intial bail out..nice way to revise history
Warren T> Nope sorry not even close to true. The losses incurred on Wall St slammed the funds the State had the money in..when they should have just bought Tbills..but that would have been patriotic..so yeah you're right that would be horrible. That and Business driving wages down resulting in loss of tax revenue is bankrupting the states. That and the horrible mismanagement of the States
Brandon Hibbert> a textbook answer. However it ignores the real world. blue collar jobs have been moved to 3rd world countries except where unions had them locked here. That is income that is gone now..no longer in our economy and while it helps the global total...it does nothing for those who went from say 50K a year to 18K a year...which is bad for US's GDP.
Look at Verizon and Comcast...one is union and one is not....Verizon has been smashing the markets a lot
How_Would_I_Know> sorry you demonstrate you don't know...100% fail on your answer as it does not fit in this space-time reality
Michael> Really? Show me where people are better off than they were 20 years ago. Show me how wages+benefits have kept up with inflation. Show me how the majority of the country can live off 1 income. Sorry but in fact unions decreased in influence, power, money and members for a long time now and we see 2 incomes being needed just to get by, we see business now given the rights of citizens even though they legally have no responsibility to the country, we see business running around like a retarded 5yr old because even when they screw up the peons pay for it not them....over 2/3rds of congress are millionaires and the government and big business is a revolving door and has been for decades
we can see clearly they act in their interest...where is anyone acting in the interest of the people?
It sure ain't business or congress!
And companies are supposed to invest profits in the company...not dole them out as 60 million dollar bonuses for 1 guy....this is not competition and good bus
Yet basic facts show union membership has DECREASED by a large margin in the past 20 years which in turn means unions give less cash to politicians and have less influence now.
Wall St alone was responsible for the massive fraud which lost 40% of the globe's wealth
Enron MANAGEMENT were alone responsible for their fraud
MCI MANAGEMENT were alone responsible for the massive fraud which was largest in American history until the AIG fraud which almost collapsed the country
So why is everyone pissing+moaning about unions getting firefighters $33K a year and benefits
When it was the ultra-rich, elite Wall St criminals who tanked the economy and have not paid any consequences for their actions or even had government even attempt to put in new regulations to prevent the same fraud from happening again
I see people forget Bush actually did the intial bail out..nice way to revise history
Warren T> Nope sorry not even close to true. The losses incurred on Wall St slammed the funds the State had the money in..when they should have just bought Tbills..but that would have been patriotic..so yeah you're right that would be horrible. That and Business driving wages down resulting in loss of tax revenue is bankrupting the states. That and the horrible mismanagement of the States
Brandon Hibbert> a textbook answer. However it ignores the real world. blue collar jobs have been moved to 3rd world countries except where unions had them locked here. That is income that is gone now..no longer in our economy and while it helps the global total...it does nothing for those who went from say 50K a year to 18K a year...which is bad for US's GDP.
Look at Verizon and Comcast...one is union and one is not....Verizon has been smashing the markets a lot
How_Would_I_Know> sorry you demonstrate you don't know...100% fail on your answer as it does not fit in this space-time reality
Michael> Really? Show me where people are better off than they were 20 years ago. Show me how wages+benefits have kept up with inflation. Show me how the majority of the country can live off 1 income. Sorry but in fact unions decreased in influence, power, money and members for a long time now and we see 2 incomes being needed just to get by, we see business now given the rights of citizens even though they legally have no responsibility to the country, we see business running around like a retarded 5yr old because even when they screw up the peons pay for it not them....over 2/3rds of congress are millionaires and the government and big business is a revolving door and has been for decades
we can see clearly they act in their interest...where is anyone acting in the interest of the people?
It sure ain't business or congress!
And companies are supposed to invest profits in the company...not dole them out as 60 million dollar bonuses for 1 guy....this is not competition and good bus