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Monday, August 22, 2011

$16 million Union-Financed Recall Fails! Wisconsin Voters Tell Government Employees & Unions, Shove-it! Social Security Going Broke & Coca-Cola Pumps $4 Billion to Create JOBS in China, BUT not in the U.S.!


$16 million Union-Financed Recall Fails! Wisconsin Voters Tell Government Employees & Unions, Shove-it! Social Security Going Broke & Coca-Cola Pumps $4 Billion to Create JOBS in China, BUT not in the U.S.!
By Marc Chamot

Okay, I will say this; in regards to THUGS and gangbangers at professional ballparks. 

After two people were shot, and one was beaten almost to a coma in the stadium’s restroom, during Saturday’s San Francisco’s 49er-Raiders game Saturday. It’s obvious to me that the quality of fans have degenerated at major sporting events in California.

In Los Angeles, after paramedic Bryan Stow, got beaten to a coma by two Hispanic gangbangers after the San Francisco-Dodgers game. The problem with California, the state allowed and protected illegal immigrants for so long, and MOST of these gang members today are offspring of undocumented parents.

Then you add in African American gangsters into the mix for good measure, and with that, we’ve got an extremely explosive situation, like the one that happened Saturday in Candlestick Park. Who’s to blame? If you go to Oakland and watch the Raiders play, you’ve got nothing but gangster youths of all races dominating the stadium these days.

It used to be a whole lot of fun going to sporting games with family and now it’s like a WAR zone. You can’t blame the police, but the direct blame goes to the sports franchise owners. In this sorry economy, franchise owners are so desperate to sell game tickets, that they’ll take anybody and even those troublemakers, with their baggy pants and all, it’s always about the American way, the mighty dollar over people’s safety.

You’ve GOT scum of the earth youths causing havoc around the state, and we’ve got team owners and their politicians living in “Disney-Land.”

Wisconsin recall elections of GOP/Republican incumbent state senators failed. It isn’t so much a surprise, this tells me, us, that GOP/Republicans are far more popular than government employees and their unions.

Big labor did NOT get the support or sympathy that they wanted from the public-at-large. After labor unions and their members, shelled out $16 million combined to recall nine state politicians, mainly GOP who was architects of biggest labor union reforms in decades that helped save taxpayers billions failed.

The American Federation of State, county and municipal employees, AFL –CIO and the Wisconsin Education Association Council poured over $10 million dollars, while being outnumbered by almost 10 to 1 in election funds, the Republicans prevailed in the end. Out of eight seats at stake, only two were lost.

The whole labor movement behind these recalls was a way to send shockwaves throughout the nation, and to other lawmakers in other states, primarily GOP, “that when you SCREW with government employees and their unions, you’re going to be FIRED!”

They tried that don’t MESS with us, or there will be payback crap! But the people of Wisconsin didn’t BUY it and they spoke loudly and said NO! 

The voters saw behind the masquerades of government employees and their unions GREED, they saw that it was all about their money and their lives, but it wasn’t for the taxpayer’s money or their lives. In the end, government employees, and their $16 million, their unions, all got you’re FIRED notices from the VOTERS.

Social Security disability on verge of insolvency “Laid-off workers and aging baby boomers are flooding Social Security's disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency.

Applications are up nearly 50 percent over a decade ago as people with disabilities lose their jobs and can't find new ones in an economy that has shed nearly 7 million jobs.
The stampede for benefits is adding to a growing backlog of applicants — many wait two years or more before their cases are resolved — and worsening the financial problems of a program that's been running in the red for years.

New congressional estimates say the trust fund that supports Social Security disability will run out of money by 2017, leaving the program unable to pay full benefits, unless Congress acts. About two decades later, Social Security's much larger retirement fund is projected to run dry as well.

Claims for disability benefits typically increase in a bad economy because many disabled people get laid off and can't find a new job. This year, about 3.3 million people are expected to apply for federal disability benefits. That's 700,000 more than in 2008 and 1 million more than a decade ago.

"It's primarily economic desperation," Social Security Commissioner Michael Astrue said in an interview. "People on the margins that get bad news in terms of a layoff and have no other place to go and they take a shot at disability,"

The disability program is also being hit by an aging population — disability rates rise as people get older — as well as a system that encourages people to apply for more generous disability benefits rather than waiting until they qualify for retirement.

Retirees can get full Social Security benefits at age 66, a threshold gradually rising to 67. Early retirees can get reduced benefits at 62. However, if you qualify for disability, you can get full benefits, based on your work history, even before 62.

Today, about 13.6 million people receive disability benefits through Social Security or Supplemental Security Income. Social Security is for people with substantial work histories, and monthly disability payments average $927. Supplemental Security Income does not require a work history but it has strict limits on income and assets. Monthly SSI payments average $500.”

With good American corporate friends like this who NEEDS JOBS? Guess Where Coca-Cola Is Investing $4 Billion “Who says American companies aren't investing? They are.  Billions and in fact, only, they are just not investing here in the U.S.

Atlanta based Coca-Cola (KO) plans to invest $4 billion in China, the company's CEO Muhtar Kent told reporters in Shanghai this week. It's the company's biggest planned investment in China since the 2009 investment of $2 billion. The investments will start next year and is part of the company's China capex until 2014.

Kent said the company is even considering listing its shares on the Shanghai Stock Exchange, adding itself to the list of mainstream brands listing their depositary receipts on exchanges outside of their home base. Massachusetts luggage maker Samsonite opted to list in Hong Kong in the second quarter rather than do its initial public offering on the NYSE.  The new China investments will focus on innovation, infrastructure and expansion of its production capacity. The company now has six manufacturing centers in the country.

"U.S. corporations are actually in good shape and a lot of that is due to emerging markets, particularly the BRIC countries," fund manager Paul Dietrich of Foxhall Capital Management in Orange, Conn told Forbes on Friday. The BRIC countries are Brazil, Russia, India and China.

Low growth in the U.S. and Europe has essentially forced the hands of the big multinationals to look for growth elsewhere. "In this low growth environment, we will continue to see European and American multinational companies spending in countries far from home," says Martin Schulz, managing director of international equities at PNC Capital Advisors in Columbus, Ohio.”

This is what I have been talking about! We should be creating JOBS in America, not China.

I don’t really blame Americans going for SSI or SSDI; they all deserve it, especially when we’ve U.S. companies like Coca-Cola are deserting us, investing their billions elsewhere but for Americans or for America!  



1 comments:

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