General Discussion
In reply to the discussion: Sitting in a restaurant today I realized how much trouble we are in for [View all]truedelphi
(32,324 posts)Are really examining everything that is going on - the outsourcing of jobs that were once done by Americans is DELIBERATE.
And it is all for corporate profit.
Our household got a call from Sallie Mae about four months ago. the person was speaking maybe Tagalog? They could barely speak English. Now the Sallie Mae student loan repayment scenarios are very complicated. To expect Americans who owe money on the student loans to pay them back, complex legal concepts have to be explained.
Why in the heck is some third world person being given this job? They don't have the minimal abilities that are required to do this. No wonder so many of us are unemployed - if Americans cannot even work this type of job what in the world is going on?
I was just reading a business consulting book written twenty years ago. In the book, there is an account of how the accountants at Ford motor company, way back in the seventies, decided to close down two auto plants, one in Texas and the other in maybe Indiana.
And then a third plant was suggested as costing too much. At the time, the guy who was the VP at Ford decided to hold a meeting with his top people.
And around the conference table, as they discussed shutting down the third auto plant, one of the executives was gutsy enough to call out, "Heck, let's not just shut down this third plant, and save some money! Let's shut down all of these plants,and save a huge amount!"
His point was well taken, and everyone laughed and the third plant remained open.
But now the pencil pushers have taken over. The jobs that are still needed are poutsourced. We don't build autos in our country much any more. We don't build auto parts. It's all done in Mexico and Bangladesh, and Trinidad, and China. We don't even give anyone in our economy the ability to even hold down the job where they collect on the damn student loans! the jobs all go to the third world.
then all of us end up on Food Stamps and County MediCal, and we can't buy anything, and the economy, except for those at the top, is horrid. Sure,there is a "recovery" but with forty nine cents out of every dolalr being made as profit going to banks, what does that mean about our society? (In the eighties, only eight to fifteen cents of profits went to banks!) And since the people at the top areas till going after the money available - we are in a deep shit load of trouble.
Matt Taibbi's latest story on Bank of America has an interesting "aside" - there are fifty five TRILLIONS of dollars sitting on BoA's books that are bad investments. But BoA is about to use the pension monies it has in various accounts to clean that up!
We are being swindled left and right. We have few choices in the "free elections." I can vote for a man who has allowed Geithner and his friends to bleed the country dry, for the sake of the man's billionaire friends, or I can vote for a man who will replace Geithner with someone just like him, AND make me wear my underpants on top of my head, while denying contraception and abortion rights to young women.