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Monday, November 26, 2012

The quest for maximum profits in the short term as apposed to long term investments and the fall of GDP

 Domestic production is at an all time low due to the exportation of manufacturing in America. Unions, the backbone of American labor, are under full assault and worker benefits are nonexistent. Short term profits are up, but what will happen long term? As the domestic job market dried up due to outsourcing GDP, as one would expect fell. With the loss of good paying full time jobs at home, with health and retirement benefits, the American family has less money to spend on non-essentials. This loss of buying power equates to lower sales, i.e. luxuries such as vacation, a second car, dinning out etc. Americans are already holding off on upgrading computers and cellphones. Enrollments in Universities and four year schools have been slipping due to the cost of classes and interest rates. Long time employees are losing their jobs to cost cutting down sizing leading to an inability to assist their children's higher education. Sick days are being cut back, health care costs are becoming insurmountable which forces workers to go in while contagious spreading infection to co-worker who in turn work while infected. This greatly lowers productivity and decreases profits. However short term is still up for now.
 The importance of unions in this has been vilified, but are unions bad for profits? Contrary to what has been said about unions they actually increase worker output. Union workers are more secure in their jobs, security being key. When a worker feels this sense of security and unionism with their fellow workers they tend to be more relaxed and productive. They take a little more pride in their work. When corporations show loyalty to the workforce this sense of pride again increases and productivity and quality increase. Now what might be the most over looked role of the union, and incidentally of great benefit to the corporation is worker/worker dispute and resolution. Management wastes valuable time with what mainly turns out to be petty disputes gotten out of hand due to the intimidating fear of management. Union reps are not management and therefore not in the intimidating position to fire employees. The union rep is one of the us, as apposed to the them. These disputes are usually settled outside of the work place and not on company time. Production  does not drop due to a loss of time. Corporate demonizing of unions is foolish on all levels except when viewed as a sick tree in the middle of the forest by short sighted concrete dwellers. By that I mean those without knowledge of forests and trees. You can cut a wide swatch through the forest to get to the tree and remove it permanently, which is what a concrete dweller would do, or you could bring in a qualified tree surgeon and have them go through the forest and heal the tree. The surgeon takes longer, but it doesn't destroy the forest.
 The inherent problem with short term profit maximization is the unavoidable damage to the underlying corporate foundation. This damage constitutes the viability and usefulness of the corporation in the long term and overall risk assessment beyond the immediate.  Despite a recent ruling corporations are not people, but they are made up of people. How viable is a corporation that has been stripped of it's most valuable assets? What usefulness, economically speaking, is a corporation that creates poverty within it's rank and file? One that only cares about using it's own assets up without regard to the rights of all employees both in-house and within the outsourced manufacturing facilities in the quest for short term maximum profit?
 The current economic crises, domestic and foreign, are directly correlated to the global trend of short sighted profit maximization, the failure of the banking system to self regulate and reign in it's over zealous lending, again to maximize profit, and world governments complete disregard of inherent corruptions within a system of self regulation.           

did I piss you off? I will.
             

Monday, November 19, 2012

What I have been trying to come to terms with since the elections here in America is the infantile responses from right side of the aisles. One of my favorites is how Obama stole the election by having his people out there, this is the good part, convincing voters to (gasp) vote for him. Don't get me wrong I had loads of fun reading Tweets from the Cotton Candy Piss head (thank you Mr Jillette), and the washed-up has-been scratchy sick cat poaching whack job 'don't you know who I used to be' rocker, but,  as always life continues. Keeping that in mind I'll stay brief and link just one interesting article.
 http://www.ericgarland.co/2012/11/09/letter-to-a-future-republican-strategist-regarding-white-people/
To all the Tea-party members here and abroad,

did I piss you off? I will

Have a lovely day.