Are They Kidding?

My opinion with all this... big business has gone amuck! I am all for Capitalism, but not the current system. CEOs making 400% more than the lowest paid employee when at one time it was around 50%. Supper Sized businesses like the Wal-Mart, Target, Home Depot, Swifts, JB Hunt and hell even PetCo all questing to make as much money as possible on the backs of everyone else.

Profit is not an ugly word, but when it comes in the name of out sourcing to China and laying hundreds of thousand hard working middle class Americans off then in my book then it is!

Like our last President was quoted in saying.. "This is an impressive crowd... the "haves", and "the have mores. Some people call you the elites, I call you my base."

http://www.youtube.com/watch?v=mn4daYJzyls

See... this is the exact mentality that will prevent hard working Americans from ever reaching their American dream. So while big business keeps cutting their costs to impress Wall Street, the Middle Class gap keeps widening. And this scares the crAAp out of me!



*** just a note.. the above clip has nothing to do with Bush vs. Obama, Dem vs. Rep... anyone of them could have said this and I would have bothered me just as much. I am just trying to point out the obvious. ***

 

I agree with you and I am going to refrain from turing this thread into a political debate. Because we all know what will happen.

But you touched on a very key point and that is the "global economy". The middle class working America has been the victim here. The poor if they do not have to drive, education and work ethics then sadly they will never rise above. But today they have really nowhere to rise to. If anything the middle class is being forced backwards all the while the upper class keeps steady. See this "global economy" has the rich whistling Dixie! What a fantastic business model, cut hard working American jobs, healthcare, 401Ks and shift the work to Asia, Mexico and even Canada (no heath care costs). And all for what.... WALL STREET!! But this is having a profound trickle down effect that we all are feeling in every industry. Lower pay and no job security all so big business can keep making money. The days of small communities supporting towns up and down US Routes are gone with manufacturing leading the way to their failure.

Without manufacturing our nation is NOTHING and this is the problem I have with Wal-Mart! In their quest for ultimate domination they have disrupted the lives of so many Americans... they shut their factories down, closed the "mom and pop" businesses of small town American and now with people out of work from their actions what better thing to than offer the displaced wonderful savings on their crAAp products!

It is kind of funny how Wal-Mart was not nearly the size prior to the Clinton Administration and NAFTA and it is no wonder Clinton and Wal-Mart come from the Razorback.

It truly saddens me to think of all the people who shop at Wal-Mart really having no idea of the vicious cycle that lead them there. All in the name of the "global economy".

I am very afraid that this is the fall of the Roman Empire with China and India waiting in the wings to take our place.

"Thank you and good night"

 

I agree!!


To build on what you said. The tax rate has not changed but what is now happening is state IRS agencies are auditing corporations more so now than before. Why? Because the states are running out of money and what better way to get some than through interest and penalties!!

My wife is the one with the brains of the family and she is a CPA working in a corporate tax department. She has two audits in two weeks... on of them being Canada even!