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Yesterday on MSNBC, analyst said US Corps doing best they've done IN A DECADE.

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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 08:15 AM
Original message
Yesterday on MSNBC, analyst said US Corps doing best they've done IN A DECADE.
Time to give a little back, guys. No excuse for you to deliberately tank the economy. Okay, so you do have an excuse; getting rid of Obama and hoping for a Republican administration which will finalize your vision for a total Corporate state. *sigh*

They've got too much invested in this game. I don't see that they'll suddenly come around and do what is right for the country. A jobs bill from Mr. Obama could help, though...if there is one thing these guys like it's more money.
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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 08:24 AM
Response to Original message
1. You are right "they" are deliberately tanking the economy ..
...... to get rid of President Obama and the media is doing its best to help too. Today we have the "disappointing"
job #s even though the economy added somewhere around 30,000 jobs last month. When Obama came into office
we were losing 700,000 jobs per month and the Dow was much lower than it is now.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 08:28 AM
Response to Original message
2. Corporations are unpatriotic leeches.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 08:31 AM
Response to Reply #2
3. bloodsucking bastards!
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 08:35 AM
Response to Original message
4. A recent report I read said that 70% of profits from Fortune 500 companies
are expected to come from foreign sources in the next five years. All this Reaganomics garbage doen't address that. We need an industrial policy.
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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 08:47 AM
Response to Original message
5. Biz Chick Maria Bartowhatever responded to the jobless recovery with this:
"Big Corporations are making big profits, but are not hiring additional workers, how can you call that a 'recovery'

Biz Chick analysis always begins with a sneer because she can't believe that you would ask such a stupid question and because she has to demean herself by answering such a stupid question in the first place...."Because!...It is as simple as this:

1. Uncertainty regarding Dodd/Frank legislation (Democrats fault for discussing legislation--I don't know...does that mean that the democrats are always at fault or is it just a pretext to say that democrats are responsible for high corporate profits in a jobless recovery?); and

2. Big Corporations are not hiring because they are see the large unemployment numbers? Large unemployment means that demand is low and big corporations do not want to take a chance on hiring new workers because they are nervous about lagging demand.

The natural follow-up question to this:

Wouldn't it make sense to have the Federal Government inject some stimulus into the economy, SINCE BIG BUSINESS REFUSES TO DO SO, in order to pick up the unemployment and lagging demand--so that Big Business will be tempted to apply some of those huge profits to the hiring of new workers.

3. NO! Big Business needs to see the Federal Government tighten its belt and take money OUT OF THE ECONOMY...essentially, Big Business needs to see lay offs and furlows of Federal employees. The needs to make sure that the Feds creat more unemployment.

For Big Business, Federal layoffs will result in low taxes--more profits for Big Business.

For Big Business, Federal layoffs will create fiscal stability and low interest rates--more profits for Big Business.

For Big Business, Federal layoffs will create downward pressure on wages for workers that are left toiling away for Big Business, thereby creating more profits for Big Business (those workers will see just how bad unemployment is and will worker harder for less money--effeciency is key).

Final Question:

So, if Big Business gets all that it wants from the Federal Government, will they begin to hire new workers.

4. NO! (another sneer and a sigh for dramatic emphasis of her 'we have been over this already attitude') Big Business will still see lagging demand due to greater unemployment, and will need to see more belt tightening from Washington, before they feel comfortable about hiring.

See how the mind of a Biz Chick works -- NO SOUP FOR YOU--MORE PROFITS FOR HER BOSSES!!

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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:02 AM
Response to Reply #5
6. She is a freakin' idiot, and one of the biggest Obama haters on TV
She and Pat Buchanan bring down the collective IQ of MSNBC to sub stupid. Nothing she says makes sense.

So, if the President said he wanted to inject a few billion into, say, highway projects. REAL projects, like rebuilding bridges, etc, who the hell do the people think will be doing those jobs? The government? NO...your neighbors. My neighbors. There is no mystical Government Employment Pool, when money is invested in infrastructure and works projects, the people hired are just normal Joes. And they will happily go spend their paychecks to get the mortgage caught up, buy a fridge, fix the car...all of these things provide JOBS. Sitting on a pile of cash creates nothing but interest. And it actually creates the very uncertainty the corporate leeches claim to fear. As stated before, the only uncertainty the truly fear is that Obama might get reelected.

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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:43 AM
Response to Reply #6
7. Sitting on cash collecting interest pays for lobbyist and the chattering class
Where would most of the television media be without the influx of advertising dollars and those dollars go to pay the salaries of Biz Chics and Buchanans who talk up their 'interest.'
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