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Payrolls Post Biggest Annual Decline Since 1945
U.S. Economy: Payrolls Post Biggest Annual Decline Since 1945
By Shobhana Chandra Jan. 9 (Bloomberg) -- The U.S. lost more jobs in 2008 than in any year since 1945 as employers fired another 524,000 people in December, indicating a free-fall in the economy just days before President-elect Barack Obama takes office. “Consumers are now going to get more and more scared at the prospect of losing their job,” said Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts. Obama’s proposed fiscal stimulus “needs to be big, needs to be bold, needs to be swift. If they can do something quickly we can limit the hemorrhage by mid-year.” The Labor Department reported that the nation lost 2.589 million jobs in 2008, just shy of the 2.75 million decline at the end of World War II. The unemployment rate climbed more than economists forecast, to 7.2 percent in December, the highest level in almost 16 years. Today’s figures will intensify pressure on U.S. lawmakers to act quickly on Obama’s recovery program, which may exceed $775 billion and aims to save or create 3 million jobs. They also underscore the urgency of the Federal Reserve’s $200 billion initiative to restart consumer financing markets that’s scheduled to begin next month. - - - Thank you for your leadership on these economic issues, President Bush. |
Payrolls Post Biggest Annual Decline Since 1945
hk wrote:
U.S. Economy: Payrolls Post Biggest Annual Decline Since 1945 By Shobhana Chandra Jan. 9 (Bloomberg) -- The U.S. lost more jobs in 2008 than in any year since 1945 as employers fired another 524,000 people in December, indicating a free-fall in the economy just days before President-elect Barack Obama takes office. “Consumers are now going to get more and more scared at the prospect of losing their job,” said Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts. Obama’s proposed fiscal stimulus “needs to be big, needs to be bold, needs to be swift. If they can do something quickly we can limit the hemorrhage by mid-year.” The Labor Department reported that the nation lost 2.589 million jobs in 2008, just shy of the 2.75 million decline at the end of World War II. The unemployment rate climbed more than economists forecast, to 7.2 percent in December, the highest level in almost 16 years. Today’s figures will intensify pressure on U.S. lawmakers to act quickly on Obama’s recovery program, which may exceed $775 billion and aims to save or create 3 million jobs. They also underscore the urgency of the Federal Reserve’s $200 billion initiative to restart consumer financing markets that’s scheduled to begin next month. - - - Thank you for your leadership on these economic issues, President Bush. Couldn't possibly be lack of confidence in our president elect, could it? Where is all this recovery and stimulus money, that Mr Obama intends to spend, coming from? |
Payrolls Post Biggest Annual Decline Since 1945
"hk" wrote in message m... U.S. Economy: Payrolls Post Biggest Annual Decline Since 1945 By Shobhana Chandra Jan. 9 (Bloomberg) -- The U.S. lost more jobs in 2008 than in any year since 1945 as employers fired another 524,000 people in December, indicating a free-fall in the economy just days before President-elect Barack Obama takes office. “Consumers are now going to get more and more scared at the prospect of losing their job,” said Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts. Obama’s proposed fiscal stimulus “needs to be big, needs to be bold, needs to be swift. If they can do something quickly we can limit the hemorrhage by mid-year.” The Labor Department reported that the nation lost 2.589 million jobs in 2008, just shy of the 2.75 million decline at the end of World War II. The unemployment rate climbed more than economists forecast, to 7.2 percent in December, the highest level in almost 16 years. Today’s figures will intensify pressure on U.S. lawmakers to act quickly on Obama’s recovery program, which may exceed $775 billion and aims to save or create 3 million jobs. They also underscore the urgency of the Federal Reserve’s $200 billion initiative to restart consumer financing markets that’s scheduled to begin next month. - - - Thank you for your leadership on these economic issues, President Bush. Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. |
Payrolls Post Biggest Annual Decline Since 1945
Calif Bill wrote:
"hk" wrote in message m... U.S. Economy: Payrolls Post Biggest Annual Decline Since 1945 By Shobhana Chandra Jan. 9 (Bloomberg) -- The U.S. lost more jobs in 2008 than in any year since 1945 as employers fired another 524,000 people in December, indicating a free-fall in the economy just days before President-elect Barack Obama takes office. “Consumers are now going to get more and more scared at the prospect of losing their job,” said Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts. Obama’s proposed fiscal stimulus “needs to be big, needs to be bold, needs to be swift. If they can do something quickly we can limit the hemorrhage by mid-year.” The Labor Department reported that the nation lost 2.589 million jobs in 2008, just shy of the 2.75 million decline at the end of World War II. The unemployment rate climbed more than economists forecast, to 7.2 percent in December, the highest level in almost 16 years. Today’s figures will intensify pressure on U.S. lawmakers to act quickly on Obama’s recovery program, which may exceed $775 billion and aims to save or create 3 million jobs. They also underscore the urgency of the Federal Reserve’s $200 billion initiative to restart consumer financing markets that’s scheduled to begin next month. - - - Thank you for your leadership on these economic issues, President Bush. Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. |
Payrolls Post Biggest Annual Decline Since 1945
"Calif Bill" wrote in message m... Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. The problem is that nobody knows for sure how to fix this. They are using a shot gun approach, hoping they hit something. I am totally convinced that the current panic reaction is going to do nothing but further cause more problems. It's time for people to stop being so idealistic and become realistic. Eisboch |
Payrolls Post Biggest Annual Decline Since 1945
"hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch |
Payrolls Post Biggest Annual Decline Since 1945
Eisboch wrote:
"hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. |
Payrolls Post Biggest Annual Decline Since 1945
"hk" wrote in message m... Eisboch wrote: "hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. You have to be kidding. Businesses survive, employ people, provide health plans, and grow because they can make a profit. Take that incentive away and you get what we have now. Eisboch |
Payrolls Post Biggest Annual Decline Since 1945
"Calif Bill" wrote in message m... "hk" wrote in message m... U.S. Economy: Payrolls Post Biggest Annual Decline Since 1945 By Shobhana Chandra Jan. 9 (Bloomberg) -- The U.S. lost more jobs in 2008 than in any year since 1945 as employers fired another 524,000 people in December, indicating a free-fall in the economy just days before President-elect Barack Obama takes office. "Consumers are now going to get more and more scared at the prospect of losing their job," said Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts. Obama's proposed fiscal stimulus "needs to be big, needs to be bold, needs to be swift. If they can do something quickly we can limit the hemorrhage by mid-year." The Labor Department reported that the nation lost 2.589 million jobs in 2008, just shy of the 2.75 million decline at the end of World War II. The unemployment rate climbed more than economists forecast, to 7.2 percent in December, the highest level in almost 16 years. Today's figures will intensify pressure on U.S. lawmakers to act quickly on Obama's recovery program, which may exceed $775 billion and aims to save or create 3 million jobs. They also underscore the urgency of the Federal Reserve's $200 billion initiative to restart consumer financing markets that's scheduled to begin next month. - - - Thank you for your leadership on these economic issues, President Bush. Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. Mess?? You Californians better start paying your taxes before Arnold sells off the lot of you. |
Payrolls Post Biggest Annual Decline Since 1945
"hk" wrote in message m... Eisboch wrote: "hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. BTW, I just found out about 30 min. ago that the company I started just won a major contract for technology that I can't identify just yet. They are hiring. And their achievement has absolutely nothing to do with proposed economic salvation plans proposed by the incoming administration. Eisboch |
Payrolls Post Biggest Annual Decline Since 1945
Eisboch wrote:
"hk" wrote in message m... Eisboch wrote: "hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. You have to be kidding. Businesses survive, employ people, provide health plans, and grow because they can make a profit. Take that incentive away and you get what we have now. Eisboch It isn't taxes that it keeping corporations from making money. It is a crapped out economy and bad management. |
Payrolls Post Biggest Annual Decline Since 1945
On Fri, 9 Jan 2009 15:10:25 -0500, "Eisboch" wrote:
"hk" wrote in message om... Eisboch wrote: "hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. You have to be kidding. Businesses survive, employ people, provide health plans, and grow because they can make a profit. Take that incentive away and you get what we have now. Eisboch That makes good sense unless your goal is for the government to run the corporations. |
Payrolls Post Biggest Annual Decline Since 1945
"Eisboch" wrote in message ... "Calif Bill" wrote in message m... Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. The problem is that nobody knows for sure how to fix this. They are using a shot gun approach, hoping they hit something. I am totally convinced that the current panic reaction is going to do nothing but further cause more problems. It's time for people to stop being so idealistic and become realistic. Eisboch Anything to do with cleaning horsies teeth? |
Payrolls Post Biggest Annual Decline Since 1945
"John H" wrote in message ... That makes good sense unless your goal is for the government to run the corporations. I visited China (PRC) back in 1986 when they were first experimenting with the concepts of foreign investments and a subtle shift towards capitalism. It was an amazing exposure to life under an extreme socialist society. (Communism) The average Chinese factory worker had to bow to and worship his employer who in turn worshiped his provincial mayor for the opportunity to make a living for his family. It was sad. And it hasn't changed. And, it where this country is heading. Eisboch |
Payrolls Post Biggest Annual Decline Since 1945
On Jan 9, 3:10*pm, "Eisboch" wrote:
"hk" wrote in message m... Eisboch wrote: "hk" wrote in message news:2_qdnco4o5RbOPrUnZ2dnUVZ_rfinZ2d@earthlink. com... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? * All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. You have to be kidding. *Businesses survive, employ people, provide health plans, and grow because they can make a profit. * Take that incentive away and you get what we have now. Eisboch Harry doesn't understand the concept that the taxes have to be paid for by someone. That someone is the end consumer. Let's take building design. Let's say it's a Twinky factory. I have to pay taxes so I charge the contractor more for my services. The contractor charges Twinky Corp. more for the design/build of the facility. Harry thinks that Twinky Corp will eat the extra cost, and they won't, they'll pass it on to Mr. Consumer, no matter if he's rich, or dirt poor and just wants a Twinky. Seems trivial, but not in the large scheme of things. It'll happen over and over again to Twinky Corp. with the equipment manufacturers, the raw material suppliers, everybody. And it ALL gets to be paid for by the little old lady on SSI that lives on the corner et al. |
Payrolls Post Biggest Annual Decline Since 1945
On Fri, 9 Jan 2009 15:10:25 -0500, "Eisboch"
wrote: "hk" wrote in message om... Eisboch wrote: "hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. You have to be kidding. Businesses survive, employ people, provide health plans, and grow because they can make a profit. Take that incentive away and you get what we have now. Do you know how many people are going to be out of work because of this little gem? http://www.cpsc.gov/cpsia.pdf http://www.youtube.com/watch?v=VvKFFvw2Nds -- Happy Holidays and Merry Whatever It Is That ****es Liberals Off. |
Payrolls Post Biggest Annual Decline Since 1945
On Fri, 9 Jan 2009 14:45:21 -0500, "Eisboch"
wrote: "Calif Bill" wrote in message om... Now if we could get the Feds from stop over spending and there would be money for the economy to grow on, we could get out of this mess. The problem is that nobody knows for sure how to fix this. They are using a shot gun approach, hoping they hit something. I am totally convinced that the current panic reaction is going to do nothing but further cause more problems. It's time for people to stop being so idealistic and become realistic. And cut taxes - dramatically. Including income tax on Social Security payments. -- Time flies when you are sick and psychotic. |
Payrolls Post Biggest Annual Decline Since 1945
On Fri, 09 Jan 2009 21:18:10 GMT, Tom Francis - SWSports
wrote: On Fri, 9 Jan 2009 15:10:25 -0500, "Eisboch" wrote: "hk" wrote in message news:gIidnfkxkPBnMPrUnZ2dnUVZ_hidnZ2d@earthlink. com... Eisboch wrote: "hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. You have to be kidding. Businesses survive, employ people, provide health plans, and grow because they can make a profit. Take that incentive away and you get what we have now. Do you know how many people are going to be out of work because of this little gem? http://www.cpsc.gov/cpsia.pdf http://www.youtube.com/watch?v=VvKFFvw2Nds Here's a really good...erm...explanation of the act. http://www.youtube.com/watch?v=HW9nxeyq1EQ -- "I intend to live forever. So far, so good." Steven Wright |
Payrolls Post Biggest Annual Decline Since 1945
"Eisboch" wrote in message ... "John H" wrote in message ... That makes good sense unless your goal is for the government to run the corporations. I visited China (PRC) back in 1986 when they were first experimenting with the concepts of foreign investments and a subtle shift towards capitalism. It was an amazing exposure to life under an extreme socialist society. (Communism) The average Chinese factory worker had to bow to and worship his employer who in turn worshiped his provincial mayor for the opportunity to make a living for his family. It was sad. And it hasn't changed. And, it where this country is heading. Eisboch Every American and Canadian should support the union/labour movement. If not for themselves, for their children & grandchildren. |
Payrolls Post Biggest Annual Decline Since 1945
"Don White" wrote in message ... "Eisboch" wrote in message ... "John H" wrote in message ... That makes good sense unless your goal is for the government to run the corporations. I visited China (PRC) back in 1986 when they were first experimenting with the concepts of foreign investments and a subtle shift towards capitalism. It was an amazing exposure to life under an extreme socialist society. (Communism) The average Chinese factory worker had to bow to and worship his employer who in turn worshiped his provincial mayor for the opportunity to make a living for his family. It was sad. And it hasn't changed. And, it where this country is heading. Eisboch Every American and Canadian should support the union/labour movement. If not for themselves, for their children & grandchildren. \ The Chinese Government *is* the ultimate union labor establishment. Are you sure that's what you want? Eisboch |
Payrolls Post Biggest Annual Decline Since 1945
On Fri, 9 Jan 2009 15:45:21 -0500, "Eisboch" wrote:
"John H" wrote in message .. . That makes good sense unless your goal is for the government to run the corporations. I visited China (PRC) back in 1986 when they were first experimenting with the concepts of foreign investments and a subtle shift towards capitalism. It was an amazing exposure to life under an extreme socialist society. (Communism) The average Chinese factory worker had to bow to and worship his employer who in turn worshiped his provincial mayor for the opportunity to make a living for his family. It was sad. And it hasn't changed. And, it where this country is heading. Eisboch And my few liberal friends are not at all concerned about it. One of them, a good friend, actually said that there were enough right-leaning Democrats in Congress to keep that from happening. |
Payrolls Post Biggest Annual Decline Since 1945
Eisboch wrote:
"Don White" wrote in message ... "Eisboch" wrote in message ... "John H" wrote in message ... That makes good sense unless your goal is for the government to run the corporations. I visited China (PRC) back in 1986 when they were first experimenting with the concepts of foreign investments and a subtle shift towards capitalism. It was an amazing exposure to life under an extreme socialist society. (Communism) The average Chinese factory worker had to bow to and worship his employer who in turn worshiped his provincial mayor for the opportunity to make a living for his family. It was sad. And it hasn't changed. And, it where this country is heading. Eisboch Every American and Canadian should support the union/labour movement. If not for themselves, for their children & grandchildren. \ The Chinese Government *is* the ultimate union labor establishment. Are you sure that's what you want? Eisboch No it isn't. |
Payrolls Post Biggest Annual Decline Since 1945
"hk" wrote in message ... Eisboch wrote: "Don White" wrote in message ... "Eisboch" wrote in message ... "John H" wrote in message ... That makes good sense unless your goal is for the government to run the corporations. I visited China (PRC) back in 1986 when they were first experimenting with the concepts of foreign investments and a subtle shift towards capitalism. It was an amazing exposure to life under an extreme socialist society. (Communism) The average Chinese factory worker had to bow to and worship his employer who in turn worshiped his provincial mayor for the opportunity to make a living for his family. It was sad. And it hasn't changed. And, it where this country is heading. Eisboch Every American and Canadian should support the union/labour movement. If not for themselves, for their children & grandchildren. \ The Chinese Government *is* the ultimate union labor establishment. Are you sure that's what you want? Eisboch No it isn't. It isn't want you want or it isn't what I said? If the latter, you are dead wrong. It is exactly what the ultimate structure and relationship of a controlled, "unionized" society is. Eisboch |
Payrolls Post Biggest Annual Decline Since 1945
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Payrolls Post Biggest Annual Decline Since 1945
On Fri, 09 Jan 2009 21:23:14 GMT, Tom Francis - SWSports
wrote: On Fri, 09 Jan 2009 21:18:10 GMT, Tom Francis - SWSports wrote: On Fri, 9 Jan 2009 15:10:25 -0500, "Eisboch" wrote: "hk" wrote in message news:gIidnfkxkPBnMPrUnZ2dnUVZ_hidnZ2d@earthlink .com... Eisboch wrote: "hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. You have to be kidding. Businesses survive, employ people, provide health plans, and grow because they can make a profit. Take that incentive away and you get what we have now. Do you know how many people are going to be out of work because of this little gem? http://www.cpsc.gov/cpsia.pdf http://www.youtube.com/watch?v=VvKFFvw2Nds Here's a really good...erm...explanation of the act. http://www.youtube.com/watch?v=HW9nxeyq1EQ Easy. Repackage and state that the item is intended for ages 13 and up. Damn, I wonder if I can give uncertified Hess trucks to grandkids. You just gotta love Nancy and Harry! |
Payrolls Post Biggest Annual Decline Since 1945
"Jim" wrote in message ... As long as the money keeps moving around everyone is happy and the government has lots of money (taxes) to spend on ridiculous things (Pork)and some necessary things. When money moves in exchange for nothing (Handouts, Gifts, Bailouts) etc. some people are happy for a while until everything comes to a screeching halt. The socialist, liberal, entitlement crap that Harry is promoting is what got us to where we are now. You want my money, give me something of value for it. You love your country, don't run and hide when it needs you to serve in it's military and then expect it to protect and feed you. Guys like Harry make me sick to my stomach. I'll admit to a Roll-Aids from time to time, but that's about it. Eisboch |
Payrolls Post Biggest Annual Decline Since 1945
"Don White" wrote in message ... "Eisboch" wrote in message ... "John H" wrote in message ... That makes good sense unless your goal is for the government to run the corporations. I visited China (PRC) back in 1986 when they were first experimenting with the concepts of foreign investments and a subtle shift towards capitalism. It was an amazing exposure to life under an extreme socialist society. (Communism) The average Chinese factory worker had to bow to and worship his employer who in turn worshiped his provincial mayor for the opportunity to make a living for his family. It was sad. And it hasn't changed. And, it where this country is heading. Eisboch Every American and Canadian should support the union/labour movement. If not for themselves, for their children & grandchildren. What a line of crap. I never was anti-union, nor pro-union until the dysfunctional and corrupt GM & Chrysler bailout was happening. This crosses the line into bilking tax payers, US and Canadian for a ****ed up pair of companies. Brown boys for Carlyle and Cerberus. Most of the people laid off are not auto at all. Infact better than 95% are non-auto. Who is bailing them out? Would they be bailed out if private equity with Bush connections didn't exist? Senate and congress didn't aprrprove, yet no noise of funds misapproriation? Smacks of corruption and union rant. Unions are small fry making big noise, some politician aught to tell CAW/UAW to shove it up their asses. Adding to middle class tax load with bailouts makes the problem worse. Government does not yet get it, it isn't the solution, it is the problem. They need to leave middle class with more of their tax dollars. You can't keep adding to the tax load when the problem is the middle class was short of cash. In time, it will come back on taxes and make the problem worse. If you want main stream north Americans to buy GM & Chrysler, they first need the money to pay their mortgages or they will not be buying cars. You want the economy fixed? So do I. But it isn't going to get better until you pick the corrupt leaches of the ass of the tax payer. Government got greedy with cheap easy fiat money managment to fund over sized government and corrupt practices, reverse that and we can all enjoy. If I sound aggitated, I am, this explains: |
Payrolls Post Biggest Annual Decline Since 1945
On Fri, 9 Jan 2009 15:17:47 -0500, "Eisboch"
wrote: "hk" wrote in message om... Eisboch wrote: "hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. BTW, I just found out about 30 min. ago that the company I started just won a major contract for technology that I can't identify just yet. They are hiring. And their achievement has absolutely nothing to do with proposed economic salvation plans proposed by the incoming administration. Congratulations and best wishes for continued success. -- "An idealist is one who, on noticing that a rose smells better than a cabbage, concludes that it will also make better soup." H.L. Mencken |
Payrolls Post Biggest Annual Decline Since 1945
Eisboch wrote:
BTW, I just found out about 30 min. ago that the company I started just won a major contract for technology that I can't identify just yet. They are hiring. And their achievement has absolutely nothing to do with proposed economic salvation plans proposed by the incoming administration. Eisboch Shame on them! They should have waited for the economic salvation plans. |
Payrolls Post Biggest Annual Decline Since 1945
"Eisboch" wrote in message ... "Don White" wrote in message ... "Eisboch" wrote in message ... "John H" wrote in message ... That makes good sense unless your goal is for the government to run the corporations. I visited China (PRC) back in 1986 when they were first experimenting with the concepts of foreign investments and a subtle shift towards capitalism. It was an amazing exposure to life under an extreme socialist society. (Communism) The average Chinese factory worker had to bow to and worship his employer who in turn worshiped his provincial mayor for the opportunity to make a living for his family. It was sad. And it hasn't changed. And, it where this country is heading. Eisboch Every American and Canadian should support the union/labour movement. If not for themselves, for their children & grandchildren. \ The Chinese Government *is* the ultimate union labor establishment. Are you sure that's what you want? Eisboch Excellent point. |
Payrolls Post Biggest Annual Decline Since 1945
_
/'_/) ,/_ / / / /'_'/' '/'__'7, /'/ / / /" /_\ ('( ' /' ') \ / '\' _.7' \ ( \ \ GM, Chrysler-Cerberus, CAW, get your selfish greedy hands out of our tax pockets! We don't steal from you! |
Payrolls Post Biggest Annual Decline Since 1945
On Fri, 09 Jan 2009 16:56:01 -0500, Jim wrote:
wrote: On Jan 9, 3:10 pm, "Eisboch" wrote: "hk" wrote in message m... Eisboch wrote: "hk" wrote in message m... I don't think that is the way out. We need massive infusion of capital to get the economy moving, and corporate America ain't spending it. Why should they? All they will do is become penalized via taxes. Eisboch Well, then, let them liquidate themselves so others who want to run a business can fill the voids. You have to be kidding. Businesses survive, employ people, provide health plans, and grow because they can make a profit. Take that incentive away and you get what we have now. Eisboch Harry doesn't understand the concept that the taxes have to be paid for by someone. That someone is the end consumer. Let's take building design. Let's say it's a Twinky factory. I have to pay taxes so I charge the contractor more for my services. The contractor charges Twinky Corp. more for the design/build of the facility. Harry thinks that Twinky Corp will eat the extra cost, and they won't, they'll pass it on to Mr. Consumer, no matter if he's rich, or dirt poor and just wants a Twinky. Seems trivial, but not in the large scheme of things. It'll happen over and over again to Twinky Corp. with the equipment manufacturers, the raw material suppliers, everybody. And it ALL gets to be paid for by the little old lady on SSI that lives on the corner et al. As long as the money keeps moving around everyone is happy and the government has lots of money (taxes) to spend on ridiculous things (Pork)and some necessary things. When money moves in exchange for nothing (Handouts, Gifts, Bailouts) etc. some people are happy for a while until everything comes to a screeching halt. The socialist, liberal, entitlement crap that Harry is promoting is what got us to where we are now. You want my money, give me something of value for it. You love your country, don't run and hide when it needs you to serve in it's military and then expect it to protect and feed you. Guys like Harry make me sick to my stomach. Jim, check your email. |
Payrolls Post Biggest Annual Decline Since 1945
Eisboch wrote:
"hk" wrote in message ... Eisboch wrote: "Don White" wrote in message ... "Eisboch" wrote in message ... "John H" wrote in message ... That makes good sense unless your goal is for the government to run the corporations. I visited China (PRC) back in 1986 when they were first experimenting with the concepts of foreign investments and a subtle shift towards capitalism. It was an amazing exposure to life under an extreme socialist society. (Communism) The average Chinese factory worker had to bow to and worship his employer who in turn worshiped his provincial mayor for the opportunity to make a living for his family. It was sad. And it hasn't changed. And, it where this country is heading. Eisboch Every American and Canadian should support the union/labour movement. If not for themselves, for their children & grandchildren. \ The Chinese Government *is* the ultimate union labor establishment. Are you sure that's what you want? Eisboch No it isn't. It isn't want you want or it isn't what I said? If the latter, you are dead wrong. It is exactly what the ultimate structure and relationship of a controlled, "unionized" society is. Eisboch Perhaps in your mind, not in mine. |
Payrolls Post Biggest Annual Decline Since 1945
Eisboch wrote:
"Jim" wrote in message ... As long as the money keeps moving around everyone is happy and the government has lots of money (taxes) to spend on ridiculous things (Pork)and some necessary things. When money moves in exchange for nothing (Handouts, Gifts, Bailouts) etc. some people are happy for a while until everything comes to a screeching halt. The socialist, liberal, entitlement crap that Harry is promoting is what got us to where we are now. You want my money, give me something of value for it. You love your country, don't run and hide when it needs you to serve in it's military and then expect it to protect and feed you. Guys like Harry make me sick to my stomach. I'll admit to a Roll-Aids from time to time, but that's about it. Eisboch I don't have any serious arguments with you or your positions...yours are intellectually and experientally based, and while we are on opposite sides of some issues, that causes me no stress. FloridaJim, however, is a dirtbag. |
Payrolls Post Biggest Annual Decline Since 1945
"Reginald P. Smithers III, Esq." wrote in message ... Eisboch wrote: BTW, I just found out about 30 min. ago that the company I started just won a major contract for technology that I can't identify just yet. They are hiring. And their achievement has absolutely nothing to do with proposed economic salvation plans proposed by the incoming administration. Eisboch Shame on them! They should have waited for the economic salvation plans. And a bailout? Eisboch |
Payrolls Post Biggest Annual Decline Since 1945
On Fri, 09 Jan 2009 17:01:56 -0500, "Reginald P. Smithers III, Esq."
wrote: Eisboch wrote: BTW, I just found out about 30 min. ago that the company I started just won a major contract for technology that I can't identify just yet. They are hiring. And their achievement has absolutely nothing to do with proposed economic salvation plans proposed by the incoming administration. Eisboch Shame on them! They should have waited for the economic salvation plans. Where the hell have you been? |
Payrolls Post Biggest Annual Decline Since 1945
"John H" wrote in message ... Jim, check your email. And while you are at it, send an email to me. New computer and I don't have your addee. Eisboch |
Payrolls Post Biggest Annual Decline Since 1945
On Fri, 9 Jan 2009 15:04:15 -0700, "Canuck57" wrote:
_ /'_/) ,/_ / / / /'_'/' '/'__'7, /'/ / / /" /_\ ('( ' /' ') \ / '\' _.7' \ ( \ \ GM, Chrysler-Cerberus, CAW, get your selfish greedy hands out of our tax pockets! We don't steal from you! There's art, and then there's *real* art. That's the latter! |
Payrolls Post Biggest Annual Decline Since 1945
Eisboch wrote:
"Reginald P. Smithers III, Esq." wrote in message ... Eisboch wrote: BTW, I just found out about 30 min. ago that the company I started just won a major contract for technology that I can't identify just yet. They are hiring. And their achievement has absolutely nothing to do with proposed economic salvation plans proposed by the incoming administration. Eisboch Shame on them! They should have waited for the economic salvation plans. And a bailout? Eisboch Just get in line behind the porn industry. |
Payrolls Post Biggest Annual Decline Since 1945
John H wrote:
On Fri, 09 Jan 2009 17:01:56 -0500, "Reginald P. Smithers III, Esq." wrote: Eisboch wrote: BTW, I just found out about 30 min. ago that the company I started just won a major contract for technology that I can't identify just yet. They are hiring. And their achievement has absolutely nothing to do with proposed economic salvation plans proposed by the incoming administration. Eisboch Shame on them! They should have waited for the economic salvation plans. Where the hell have you been? Standing in line for my economic bailout. |
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