Comments on: California, the union state

By: Marten Purdy the metroman

Marten Purdy the metroman — Fri, 01 Feb 2013 20:43:46 +0000

The U.S. Bureau of Labor Statistics:
The Bureau of Labor Statistics (BLS) published its monthly report of hours worked. This revealed that, while employees are working more hours, unemployment has not declined and wages continue to decline.

By: BobA

BobA — Tue, 29 Jan 2013 15:42:08 +0000

Ftheunions:

The proof of my allegation is based on my own experience in the corporate world. I’m also a long time investor and read numerous publications (WSJ, IBD, Forbes, etc.) on a daily basis and have done so for 20+ years. You’d be surprised at the number of CEOs of the largest corporations in America who are big time democrat party donors and fund raisers.

Companies and corporations are capitalists first and they play both sides of the fence based on who’s in and who’s not. Their only interest is in their stock price and their ginormous salaries. What’s good for America or in the best interest of America is a non-factor in their corporate political calculus.

By: Rex the Wonder Dog!

Rex the Wonder Dog! — Tue, 29 Jan 2013 04:25:48 +0000

The nexus of crony capitalism and unions is what’s killing the private sector.
==
BobA you are very wise!

By: Ftheunions

Ftheunions — Tue, 29 Jan 2013 04:05:01 +0000

Boba,
I’m aware of some big business leaders leaning democratic, but what you say goes against much that I have read and studied. Not exactly sure what any leader in big business would see as beneficial from a democratic administration. Unless they lean democratic for reasons unrelated to business.

By: BobA

BobA — Mon, 28 Jan 2013 17:50:49 +0000

Ftheunions:

The fact is, most big business owners support and vote for democrats. The nexus of crony capitalism and unions is what’s killing the private sector.

By: MadMax2

MadMax2 — Mon, 28 Jan 2013 16:35:57 +0000

If you’re in a closed shop union, and you want your political contributions back, then file for “exempt status” under the case known as “Communications Workers of America vs. Beck.”

By: Ftheunions

Ftheunions — Mon, 28 Jan 2013 06:01:51 +0000

We can all thank Jerry Clown and Union Hobama for the demise of the private sector! I wish big business would grow a pair and have a mass exodus out of California and bankrupt the state once and for all!

By: BobA

BobA — Mon, 28 Jan 2013 02:50:52 +0000

Hondo:

Need I remind you that none other than the great California economist Nancy Pelosi once said that an unemployment check and food stamps stimulates the economy. By that standard, California’s economy should pick up steam as the unemployment rate moves higher.

What the state needs is more people receiving unemployment checks, jobless benefits and food stamps. Then we’ll see an economic miracle unfold in California.

The upside is that public sector and union employees have to foot the bill since the private sector will be mostly nonexistent by then.

People receiving unemployment benefits and food stamps should unionize and immediately go on strike to demand a guaranteed middle-class income, better benefits, a state funded 401K retirement plan. They’re :entitled” to live just as well as people who work for the state.

By: Hondo

Hondo — Mon, 28 Jan 2013 01:50:15 +0000

The unions own it and if the economy breaks again, or runs outa money, they own it. If these huge tax increases don’t lower the unemployment rate, its all on the dems. If these pro union leaders don’t get the economy to grow, its all on them.
Hondo…

By: Rex the Wonder Dog!

Rex the Wonder Dog! — Sun, 27 Jan 2013 22:01:59 +0000

Jan 2005 2.40 million
Jan 2012 2.38 million

So we have a drop of less than 10%, while the private sector loss MILLIONS of jobs.

And remember that in the private sector there are PAY CUTS, not so in the trougher world. There have BEEN NO PAT CUTS