AFL-CIO Head Calls for “Popular Control Over Private Corporations”
- Posted on September 27, 2010 at 10:21pm by
Meredith Jessup
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More fundamental transformation.
That’s the message AFL-CIO president Richard Trumka took to a group of supporters gathered in New York City last week for a panel discussion — “Which Way for the Working Class? Elections 2010 and Beyond.” According to the AFL-CIO blog, Trumka joined other key allies on the left, including Working America Executive Director Karen Nussbaum, New York Times columnist Bob Herbert, Eric Alterman, journalist and senior fellow at the Center for American Progress and moderator Katrina vanden Heuvel, editor and publisher of The Nation.
To a reported audience of about 400, Trumka warned supporters about Fox News and the tea party “extremists” delivering what he called a “a cynical, deeply dishonest and incoherent message—that big government is somehow to blame for the current crisis that the budget deficit will eat our children, and that illegal immigrants took all the good jobs.”
In response, Trumka stressed that the left needs to offer the public an alternative to “the failed agenda of greed and the voices of hate and division and violence.”
Building for the future, he said, “we need to fundamentally restructure our economy and re-establish popular control over the private corporations which have distorted our economy and hijacked our government. That’s a long-term job, but one we should start now.”
Trumka and his allies are gearing up for the election season and rallying their supporters. Trumka’s AFL-CIO is just one of many liberal groups who are sponsoring the Oct. 2 “One Nation Working Together” march in Washington, D.C.
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Comments (183)
flyguync
Posted on September 27, 2010 at 11:06pmHere’s an idea for you, Trumka. If you want to “own” a company, get all your idiot members together and buy some freakin’ stock. Don’t expect the rest of us to hand it over!
Report Post »Born2Run
Posted on September 28, 2010 at 12:52amRight on!
Report Post »richierich
Posted on September 28, 2010 at 7:54am… or simply move to a country where that’s the current system. Stop messing with the one we have.
Report Post »Gigantopithecus
Posted on September 28, 2010 at 11:34amThe FBI just dropped the hammer on SEIU’s Andy Stern. Me thinks Trumpka is next.
Report Post »conservativeme
Posted on September 27, 2010 at 11:05pmIs that a cry of despiration, or what?
Report Post »V-Forge
Posted on September 27, 2010 at 11:03pmWhen the time comes i know how to build that little french justice machine. We must define and outlaw socialism in this country or we will forever be plagued by these people. They are a human sickness that must be dealt with.
Report Post »Buck Bagaw
Posted on September 28, 2010 at 12:15amWhy doncha‘ just freeze ’em and run ‘em through a chipper.
Report Post »Gigantopithecus
Posted on September 28, 2010 at 11:33amI wouldn’t want to get all that liberal filth on my chipper. Libturds could gag a maggot.
Report Post »inblack
Posted on September 27, 2010 at 11:01pmStop collusion of unions across multiple companies.
Why should workers be allowed to organize across an entire industry but companies cannot?
This is the reason that unions had the power to destroy American industry.
Report Post »It’s not just cheap labor overseas, it’s unreasonable union labor here in the US.
GEW
Posted on September 28, 2010 at 12:37amyou hit the nail on its head! I remember seeing Greenspan before Congress
Report Post »warning them, if the wages keep going up, the USA will put itself out of all
the world markets. Looks like he was right. And you said it so well.
Vast Right Wing Conspiracy Czar
Posted on September 28, 2010 at 1:17amSpot On!
Report Post »eteme
Posted on September 27, 2010 at 11:01pmNow until 10.2. we will be hearing more and more of these guys stick their foots’ in their mouths. Just let them keep blasting their special words. As they talk the more they will tangle themselves into a serious mess…
Report Post »tankchaser
Posted on September 27, 2010 at 10:54pmThe king of the looters speaks. Popular control, Marxist all the way, we see what your driving to Trumka! You really believe this Marxist bull-crap or are you just greedy for power. The world you want for the USA is the same kind of America that existed in Atlas Shrugged. Free Market principles low taxes, less regulation, would help the economy not your big government Keynesian economic theory, here is an idea, read The road to serfdom by F.A.Hayek, or Free to choose by Milton Friedman then if you still think big government is the way to go, Then you are truly a communist and by all means move to a communist country and take Obama and his cronies with you. If you and your ilk really want that Utopian dream country please move to Cuba and help them, I hear Venezuela is nice most of the year.
Report Post »ClockKing
Posted on September 28, 2010 at 12:11amYep, straight out of Atlas Shrugged. If he got his way, no one in their right mind would start a corporation, leaving only the big dogs in charge.
And just like in Rand’s We The Living, no one will be able to get a job unless you join a union. That’s what the old USSR was like in the beginning.
Report Post »helena
Posted on September 27, 2010 at 10:53pmI predict a revolu
Report Post »tion if they are going to try to pursue this type of action.
VM
Posted on September 27, 2010 at 10:52pmTrumka is living in dreams and in the near future he will realise that his union money and might will have no impact in this country.
Report Post »helena
Posted on September 27, 2010 at 10:52pmScares me silly. I can’t believe someone is actually saying these words. What does this administration have in store for this country. Where in he**’s name are we going to end up?
Report Post »JoePatriot
Posted on September 27, 2010 at 10:51pmIf he landed on my front porch on fire…. I wouldn’t put him out.
Report Post »MrButcher
Posted on September 27, 2010 at 10:50pmthis guy is a tool.—-if you haven’t already joined, allow me to direct your attention to the National Right to Work Committee http://www.nrtwc.org/ —they are one of the best organizations combating forced unionization and union thuggery. even if your state has right to work laws–still join. Trumpka and his minions are currently pressing congress to enact federal laws that will trump the right to work laws on the state level. i highly recommend joining/donating to them..
Report Post »poverty.sucks
Posted on September 27, 2010 at 10:49pmAdd your comments
Report Post »Mousey
Posted on September 27, 2010 at 10:47pmIs it just me or ….. does no one care?
Report Post »This is something I never thought I’d hear and frankly
it scares me
flagbearer
Posted on September 27, 2010 at 11:18pmIf this had been said in the 1940′s, can you imagine what the media would have printed? How times have changed.
Report Post »kontrarian
Posted on September 28, 2010 at 1:48amBuyer’s remorse.
Report Post »Davey Mac
Posted on September 28, 2010 at 7:48amNo, it is NOT just you. VOTE VOTE VOTE VOTE VOTE…..
Report Post »Sonoran_Hiker
Posted on September 27, 2010 at 10:44pmAmazing. Now they are not even afraid to publicly call for the Socialist form of government by placing all private enterprise under “popular” control. NOW is the time for Americans to open their eyes and see what the agenda of the unions and the far left radicals are wanting to do. They really do want to turn the US into the next Soviet Union. We will fight 10 times as hard because we want a FREE country for our children!
Report Post »flagbearer
Posted on September 27, 2010 at 10:43pmCan they just go and start their own country and leave ours alone? I don’t like them very much.
Report Post »poverty.sucks
Posted on September 27, 2010 at 10:42pmIf we admit that the recession ended 15 months ago, then there goes out the window Obama’s “I inherited a mess” argument, does it not? Okay, if the recession ended 15 months ago, then that’s it. We’ve come back. Whatever garbage Bush put us in, that’s over. ‘Cause the recession’s over. We’ve stopped this.
So you can’t any longer say, “I inherited this mess” ’cause the mess is his. Anything since the recession is his mess. And we know that unemployment’s gone up since last June. We know that more people have lost their jobs, there’s no increased economic activity. Ah, it’s just little semantic play on words. But it does, as does most of what I do here, brilliantly illustrate the point. – El Rushbo
Report Post »DaytonConserve
Posted on September 27, 2010 at 10:49pmThis mess was started by the progressives about a year after 9/11. The first rule of business is the economy will become what you say it is. If you complain long enough that business is bad, it will be. The hacks in DC started driving us off the cliff long ago.
Report Post »Ruler4You
Posted on September 27, 2010 at 10:42pmOne more out of the closet enemy of freedom and individual liberty. These guys are laying it on the line for this election. The only real problem is they have been waiting for decades for this opportunity. Lose now and all they have to do is cover themselves up with excrement again wait for the next chance to try to strangle freedom from existence.
Report Post »Pelasgian
Posted on September 27, 2010 at 10:46pmThe stakes are actually very high this time. We’re talking about the World Government, the Global Citizen, The Climate Change, The Global Agenda. Everyone wants in this World Government, everyone wants to control someone, a piece of land, have influence somewhere somehow. This is why there is huge “support” for this. They are about to create the new Internationalist Global Man, essentially a characterless person.
Report Post »whosjohngalt
Posted on September 28, 2010 at 8:04pmThe Progressives would love a world government. With a world government, NO ONE would be able to escape the clutches of the Looters…
Report Post »kiwi1
Posted on September 27, 2010 at 10:41pmYou mean the Communist Rally on October 2nd.
Report Post »Psychosis
Posted on September 27, 2010 at 10:41pmBuilding for the future, he said, “we need to fundamentally restructure our economy and re-establish popular control over the private corporations which have distorted our economy and hijacked our government. That’s a long-term job, but one we should start now.”
Does this mean government take overs of companies targeted by the government and unions..(maybe the ones that have denied union access?) and give it to popular control ( unions?)
WOW TRUMPKA YOUR SOCIALIST AGENDA AND GOALS … interesting that these people feel they no longer have to hide their goals, and shamefull of all Americans in these unions are supporting the demise of the companies that have fed their families for so long. Hey union members……do you guys actually think a socialist communist control of the variable companies you work in will have YOUR INTERESTS in mind once you give them the control? I argue not. There has never in the history of the world where this viewpoint has ever worked out in the favor of the populace………EVER
Please wake up. The great utopia of socialism is a wet dream. Its great when you asleep thinking of butterflies and pretty girls, but when you wake up you have that proverbial MESS to clean up.
Capitalsm as a whole is the best system we have. Many of the liberal complaints and issues pertaining to capitalism were actually directly caused by the government. Now there are faults with capitalism too, but the issue is which system causes more damage and more failure. I know my history, and i know the history of socialism, and even though you dont want to admit it SO DO YOU
SOCIALISM IN ANY FORM HAS NEVER WORKED, AND WILL IN THE END ALWAYS STRIP THE INDIVIDUAL OF HIS GOD GIVEN RIGHTS REMOVE THE WEALTH FROM INDIVIDUALS AND GIVE IT TO SOMEONE ELSE. THIS IS GREAT FOR THE SOMEONE ELSE, UNTIL THERE IS NO MORE TO GIVE THEN SOCIETY FALLS AND YOU HAVE RIOTS LIKE IN GREECE, PAIN SUFFERING DEATH WAR AND HELL ON EARTH
Report Post »Benbit
Posted on September 27, 2010 at 10:41pmThis man is a POS and is paid over 300 K by his dump as$$ supporters.
Report Post »taiter
Posted on September 27, 2010 at 10:38pmUniions control the White House, the Auto Industry, so why stop, they want to control everything, in the spring they started to get control of Health Care, over 80% of all teachers belong to a union. Unions control Obama, Obama doesn’t control the unions
Report Post »LadybugsTX
Posted on September 28, 2010 at 12:57amAnd the sad thing? Before the expansion of the Obama regime, according to the Bureau of Labor, unions, both public and private only accounted for around 6% of the population, yet they’re running the other 94% through the government.
Report Post »dec143
Posted on September 27, 2010 at 10:37pmIt is time to restructure our country to how it was originally structured.
Small government is the best, The free market will works itself out it always does. One of the main reasons we are in the mess we are in today is that the free market was NOT allowed to work.
Report Post »douglove
Posted on September 28, 2010 at 1:39amYou are absolutely correct. Let‘s get America back to the simple gov’t that the founding fathers envisioned. And let free enterprise do it’s magic!
Report Post »Pelasgian
Posted on September 27, 2010 at 10:34pmEnough of this nonsense. These union people have to stop. First they are collapsing the entire financial sector, the only people in this country who don’t have a union, can be fired anytime, are the first to suffer when a recession hits, work 60+ hours a week minimum for wages that are scandalous compared to Union jobs and benefits, and now he wants to hijack America? Just because a top 1% in Finance made huge profits doesn’t mean that the rest is living in the Hampton, quite the contrary I might add. The capital is flowing out of US, the Financial sector is not competitive anymore, new projects will lack funding, and this guy needs to nationalize what ? How about you start working and working hard for those 60 dollars an hour jobs from which you get a very fat cut from the avarage worker on bridges, roads, tunnels, dams which are falling apart all over the country. Enough of these demagogues.
If you want to live in a communist country and hate America so much go to France, Russia and Germany, or why not try Venezuela, just leave out of here.
Report Post »PostProgressiveAmerican
Posted on September 28, 2010 at 5:30amAmendment x
1. No US citizen or legal US resident shall be compelled to join, support or pay dues to a Labor Union as a condition of employment.
Report Post »2. Labor Unions shall be limited to a single industry and shall not create international affiliations nor shall their ranks include persons not legally entitled to work in the United States.
3. Labor Unions shall not engage in political activity.
Madisonian
Posted on September 28, 2010 at 6:45amYour sentiments are good, and while I’d like to agree, points 2 and 3 have some constitutional rubs. You can’t prevent the labor unions from engaging in political activity, violates free speech. Let guys like Trumka continue to out themselves as radicals, it will be their undoing. Pushing them back underground is what got us into this mess in the first place.
Report Post »I will say, I’d love to see point 1 enacted, my wife is a teacher (a good one before everyone starts) and has paid the union dues out of coercion. After Glenn ran the footage of the retiring General Council of NEA, she refused to pay the dues anymore, and let the chips fall where they may.
Finally, on point 2, checking immigration status would be very interesting. I will point out however, the union will always blame they employer, because remember ‘we’re here to help the little guy’ (please note extreme sarcasm).
Hugh Williams
Posted on September 28, 2010 at 12:01pmPostProgressiveAmerican
Report Post »What do you mean by Amendment X?
Autonomous_System
Posted on September 27, 2010 at 10:32pmI refused a $80,000 / year job because I HAD to join the union. I kept my $55,000 / year job.
Report Post »LadybugsTX
Posted on September 28, 2010 at 12:53amWow. That’s the definition of honor my friend. You deserve a George Washington merit badge and a whole lot of respect. Not many could do it.
Report Post »Vast Right Wing Conspiracy Czar
Posted on September 28, 2010 at 1:13amyeah but now you are a stupid, angry, racist nut nob. Had you joined that union, you would have been smart, and hip, and truly enlightened about the world ..
rightwingwacko
Posted on September 28, 2010 at 7:01amI wish you had taken the union job. They need right thinking people in their ranks. My husband works an union job and has had the pleasure of converting a few of his co workers with his common sense. If we could just get a few more conservatives to infiltrate their ranks we could fundamentally change the unions.
Report Post »FiveFreedoms
Posted on September 28, 2010 at 7:12amPostProgressiveAmerican RE: Amendment x
Report Post »consider …
4. Shall no longer be exempt from anti-trust laws.
mtnclimberjim
Posted on September 28, 2010 at 9:18amYou should have taken the job then fought from within stupid.
Report Post »Gigantopithecus
Posted on September 28, 2010 at 11:29amThe owners of any businesses hijacked by Unions should tell the employees “Dump the Union or you are fired”. There are too many people willing to work, to let businesses be hijacked by these half *** excuses for employees and Thug Union Bosses. Bunch of Pinko Communist parasites is what they are. A bunch of losers drinking and getting high on their lunch breaks because they know the Union will cover their sorry ***. Trumpka is a self serving midget POS that’s interested in one thing – POWER.
Report Post »Kalait
Posted on September 28, 2010 at 8:39pmI wonder what the average union member would take home IF the Union bosses did not take home such large salaries? Guess they would be paying more in taxes as they would be taking home $250000 or more, just a guess though.
Report Post »poverty.sucks
Posted on September 27, 2010 at 10:31pmWe need to fundamentally restructure Richard Trumka
Report Post »broker0101
Posted on September 27, 2010 at 10:36pmWell played.
Report Post »DaytonConserve
Posted on September 27, 2010 at 10:39pmRe-establish popular control over private corporations? Obama took away my control over GM and rendered my shares of GM stock worthless! What a liar. He makes Jimmy Hoffa look normal.
Report Post »VegasGuy
Posted on September 27, 2010 at 10:44pmIs it me, or does Trumka look like Miss Piggy in drag?
broker0101
Posted on September 27, 2010 at 10:50pmDAYTON, That common stock was going to zero and staying there in a real bankruptcy anyway. The GM Senior Bond holders, on the other had, were screwed hard (and unconstitutionally).
Report Post »poverty.sucks
Posted on September 27, 2010 at 11:13pmPorky Pig a.k.a. Fat Slob
Report Post »Ed Schultz is offended by Fat Slobs
DaytonConserve
Posted on September 27, 2010 at 11:16pmBroker, I completely agree with you. The Bond holders didn’t even get kissed. Completely violates the takings clause along with others. Fortunately, I bought under $2.00. Holding on just to see what happens.
Report Post »ILFarmer
Posted on September 27, 2010 at 11:39pmSay what they might, we only have to look at the physical proof that big government is destabilizing the country. That’s why they created ledgers.
FACTS:
Report Post »History’s way of saying “neener-neener” to those that think they can hide behind lies.
CoFX
Posted on September 28, 2010 at 12:47amYou may be getting a sneak peek at the new Employment Czar
Report Post »MorkfromOrk
Posted on September 28, 2010 at 1:56amThe stage is being set for the coming collapse or what ever malaise we will endure from this economic time bomb. Capitalism will do the perp walk and there will be a kangaroo court. The goal, I imagine, is to have the people beg for intervention and willingly accept their fine solution after capitalism is routed as the perp. Our voices need to get LOUD now! Hunger will not know the difference in socialism or capitalism!
Report Post »belleharbor
Posted on September 28, 2010 at 5:29amVote
Report Post »79USMC83
Posted on September 28, 2010 at 6:23amNow that one of their own has been elected into power. The PROGRESSIVES,SOCIALIST and COMMUNIST do not have to hide in the shadows any longer. The TRANSFORMATION of America was the only thing they wanted to CHANGE. All we hear about is the middle CLASS, the working- CLASS by men and women whom are neither. These people want only one thing and that is POWER and CONTROL over all of WE THE PEOPLE!!! This is Karl Marx’s CLASS WARFARE being played out!!! AGAIN!!!! and what happens when this has been tried. POLITICAL PRISONERS and MASS MURDER has ALWAYS taken place. Are we so NAIEVE to think these people would not do this to WE THE PEOPLE to KEEP their POWER !!!! Has OUR voting system been taken over by FRAUD already!!
Definition of OLIGARCHY
1: government by the few
2: a government in which a small group exercises control especially for corrupt and selfish purposes; also : a group exercising such control
3: an organization under oligarchic control
Definition of TYRANNY
: oppressive power ; especially : oppressive power exerted by government
2a : a government in which absolute power is vested in a single ruler; especially : one characteristic of an ancient Greek city-state b : the office, authority, and administration of a tyrant
3: a rigorous condition imposed by some outside agency or force
4: a tyrannical act See entire result
Definition of TRAITOR
Report Post »1: one who betrays another’s trust or is false to an obligation or duty
2: one who commits treason
Treese
Posted on September 28, 2010 at 6:30amEvery time I see people like this Trumka, I remember that I’m looking at the face of a big fat pubesent socialist. Like terrorist, he can not be reasoned with. He’s right tho, “the left needs to offer an alternative to THEIR failed agenda of greed”.
Report Post »Journalist Stunt Double
Posted on September 28, 2010 at 7:03amCommunism in the form of George Papadopoulos.
Report Post »Eagle07
Posted on September 28, 2010 at 7:11amGovernment should take over the unions.I wonder if he would like that? Have the government renegotiate contracts every three years for employees and freeze union dues where it is now and the government can collect it and give the government another source of income.
Report Post »snowleopard3200
Posted on September 28, 2010 at 7:11amInteresting that the big chief of AFL-CIO is once again whining about the tea party and the repubs and the american people and everything else save for the real problems – big unions and special interests and a completely out of control government.
President Obama just the other day declared to the UN that wall street basically destroyed the world economy and now he has managed to save it.
These people just do not get it, American People are NOT STUPID!
Report Post »Armed Patriot
Posted on September 28, 2010 at 8:22amAFL-CIO Head Calls for “Popular Control Over Private Corporations”.
Commies always do.
Report Post »jazman1960
Posted on September 28, 2010 at 10:27amcontroll over private isnt that an oxymoron?
Report Post »vic138
Posted on September 28, 2010 at 12:06pmBy ““popular control” I assume he means union control (i.e. people like himself.) Someone at top always has to make a decision; he obviously doesn’t mean democratic control (which wouldn’t work anyway.)
He doesn’t mean shareholder control does he? I am so confused, is everyone now a shareholder or does he want to do away with the stock market altogether as well?
Report Post »ProgressivesLoveAmerica
Posted on September 28, 2010 at 12:18pmA better system would be to have workers be in charge of things & not shareholders & definitely not some idiot who just graduated with an MBA from business school. It’s not that people should have equal pay, but they should have equal say. A corporation is a public trust: you go back just a century, & governments were taking away corporate charters because corporations weren’t living up to the public interest. It’s a very recent idea that they ought to be accountable only to shareholders, or be totally unaccountable.
Shareholders don’t know HOW to run a business. They know how to coerce profits for tomorrow. A scumbag trader on Wall Street doesn’t know how to run a business. That trader only knows the mechanics of forcing a business into posting profit for next quarter. The AFL-CIO head is correct on this issue. Everyone would be better off.
On corporate charters being contingent on service of public interests in the nineteenth century, see for example, Gary D. Rowe, “Lochner Revisionism Revisited,” Law and Social Inquiry, Vol. 24, Winter 1999, AND ALSO Charles Sellers, The Market Revolution: Jacksonian America, 1815-1846, New York: Oxford University Press, 1991, especially pp. 44-55
Report Post »VLC
Posted on September 28, 2010 at 3:23pmNothing will change unless George Soros is dressed in prison orange and brought before the American people.
Also: I looked up the definition of a “Progressive” see for your self from the “Center for American Progress” website
http://www.americanprogress.org/issues/2010/04/progressive_traditions1.html
Report Post »pscully17
Posted on September 28, 2010 at 4:29pmwhat needs to happen is — Fed/state employees CANNOT UNIONIZE!!! what are we, STUPID? how do you strap the taxpayers with highwaged, high guarranteed pensions for life for Government workforce? They dont do anything except pass Laws that restrict our Liberties and take our $ to stifle economic growth!!! The Governement doest expand/create/develop our American Power!! I work for the Post office, I know the waste and Union created BS that goes on there– the private sector cant all Unionize we’d be paying $40 for a pound of grapes, !!! hell, you know how vehemntly people complain when we raise the price of a 44 cent stamp to 46 cents its a public travesty!!! just think of the riots that will break out should all the immigrants, farmers, and every unskilled labor sect unionize, and demand compensation from every employer? a: employers will deminish by 50 percent, products will experience super ludicrist hyper-inflation on pricing!!!! STOP THE INSANITY!!!
Report Post »LadyLibertea
Posted on September 28, 2010 at 7:08pmhere..here
Report Post »MorkfromOrk
Posted on September 28, 2010 at 10:39pm@progressivesloveamerica
“A better system would be to have workers be in charge of things & not shareholders & definitely not some idiot who just graduated with an MBA from business school”.
1. To put the workers in charge, you would first have to “take” said company from shareholders. By take I mean steal! You would be fine with that, I’m sure.
2. If the constitution was suspended and said company was stolen from its rightful owners, how long do you think the company would remain profitable? If you could give yourself raises, how long would this company last? It wouldn’t matter at this point because there would be no company, it would be part of the state. Who would have the power then?
3. Shareholders do not run companies.
“It’s not that people should have equal pay, but they should have equal say”.
1. Of course people don’t deserve equal pay. Bill is a better worker than Bob. Bill’s merit affords him better pay and the door is still open for Bob to be an even better worker than Bill earning him more than Bill. That door is shut in the socialist model.
2. No, No, NO, everyone should not have equal say! A CEO doesn’t take a vote on the factory floor on how much is sufficient operating capitol or whether they should all get a raise. That idea is fantasy land.
“A corporation is a public trust: you go back just a century, & governments were taking away corporate charters because corporations weren’t living up to the public interest”.
1. Yes, power hungry progressives wanted to take away charters when companies were “deemed” not in the public interest for the same reasons as today, POWER!
“It’s a very recent idea that they ought to be accountable only to shareholders, or be totally unaccountable”.
1. Shareholder accountability is not a new idea, it is the same now as then. Shareholders are the owners, they approve or vote on a board and the board appoints the corporate structure and they hire workers. All of which are accountable to government oversight.
2. The real accountability is profit. No profit no company and no shareholders, no employees. Profit is the great equalizer or constant.
“Shareholders don’t know HOW to run a business. They know how to coerce profits for tomorrow”.
1. Some may or may not know how to run a business. That is not the role of a shareholder and they don’t “coerce” profits. They hopefully have put the right people on the board to bring them evil profits tomorrow. Yes, those evil profits that employ people and bring return on investment to those evil shareholders, aka. investors.
As for the rest of your post, you don’t seem to know even a little about capitalism and less about progressives. No one would claim capitalism is perfect and without proper oversight it will perish. By proper oversight I mean the uptick rule and the Glass/Stegal act preventing insurance companies from being an investment bank as well. To risky. Without corrupt politicians, who would the corporate lobbyists have paid to turn their back on oversight. These no-brainer laws were repealed in the late 1990′s. The root of our shared problem is in Washington! You don’t throw out capitalism because its not being properly overseen. Power is what they seek. The proof is the fantasy world they promise. You have a right to jobs, health care, home, and internet. Workers collectively run your company and you’ll make more money! Just surrender the power to us! We will take care of you…..not.
Report Post »woodyb
Posted on September 29, 2010 at 2:23am‘an alternative to “the failed agenda of greed and the voices of hate and division and violence.”????
Report Post »~~~~~~~~~~~~~~~~~~~~~
And that is just what we plan to do on November 2, 2010!!!!!!!!!!!!!
We have had quite enough hate, division and violence since January 20, 2009, especially the hate and racial division!!!!!!!!
And his guy promoted himself as the ‘post-racial’ president. He is neither post-racial NOR a real president (as in Commander-in-Chief)!!!!!!!!!