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By John C Dvorak Monday September 19, 2011
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That was a fine show.
Under an Obama stimulus program, the place where I work got some free workers. The workers themselves got minimum wage. The union got no dues from the workers, and was told that they were being paid for by the feds, so they didn’t have to pay dues. It is a closed Teamster union shop. I wonder how the new slave give away will work — the same?
That is very interesting.
I wish Dvorak would explain why the “Job Creators”, ie The Rich, haven’t created any jobs in the last two years.
#3 You have been told repeatedly but you haven’t been listening.
I’ve designed a few show badges. How do I submit them? Is there an official email to send these too? Thanks.
Deowll, I’ve been repeatedly told bullsheet. Deconstruct, the Dvorak way.
The answer is because the economy is in a tailspin. Which can be further deconstructed.
#5: John’s email address is john@dvorak.org
in #8 pedro said: … had to go thru the machine.
Back on topic: Learn how to read a balance sheet.
The Bush tax cuts have yielded only pink slips because the rich are leaning on their accountants to generate owner equity, a.k.a. profits.
The quickest way to generate profits, a.k.a. owner equity, is to increase assets and to cut liabilities.
The fact is that when a company says their employees are their biggest asset, they are lying. Since the declaration of emancipation by A. Lincoln in the mid 1860s, employees, (and their salaries,) have been carried strictly as a liability and an expense.
M&A (mergers and acquisitions) can increase assets without requiring any production (but these weren’t even necessary since the 400 or so really rich in this country were handed their assets back tied up with a lovely red tape ribbon,) and pink slips reduce expenses without requiring any thought.
Its about time for Obama to take off the gloves.
There are only 400 really rich and 1,200 merely very rich people in this country. That’s not even a blip on a demographic chart.
Let Obama put the clock back to the 1960 tax rates. Say he’s putting the tax rates back until we get some money moving again and putting back the Glass Steagall Act.
#5 i sent an email into your company. But you can also use nnoagenda@dvorak.org
#3 I never use the term “job creator.”