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Secular Humoresque[_2_] Secular Humoresque[_2_] is offline

Secular Humoresque[_2_] is offline

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The Federal Reserve Bank bankrupt?

In article ,
says...

"Secular Humoresque" wrote in message
...
On 10/1/10 1:34 PM, nom=de=plume wrote:

"Jack" wrote in message
...
On Oct 1, 3:59 am, bpuharic wrote:
On Fri, 01 Oct 2010 02:02:40 -0400, wrote:

The issue is not monetary policy, it is a decline in our capacity to
produce things we can sell the world.

and one of the biggest factors in this was the destruction of unions.
a recent series of articles in 'slate' showed that countries with
strong unions also have strong manufacturing bases. the right
destroyed the unions in this country and, bye bye manufacturing

You're using backward logic. Actually, more manufacturing brings more
unions. Less manufacturing = less unions. Unions priced themselves
out of the market, and people like you killed manufacturing by buying
cheap chinese-made battery chargers at walmart. You killed the unions
with your purchasing decisions.

Sure.. you're right, except for the root cause of union creation... BAD
MANAGEMENT.

Manufacturers left the USA not because they weren't making profit...they
simply did not think they were making enough profit. Greed took over, big
time.

Prices for most consumer items are far higher than they ever were when
they were made in the USA by unionized workforces and labor charges in the
Pacific Rim are not much better than slave labor rates.

You figure out the rest.

Yup.. it's the importers... buying cheap & selling high.

Yeah, who do those assholes think they are, actually wanting to make a
PROFIT?

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