What about the Kwikset plant that shut down in Bristow,resulting in more than 1,000 jobs moving to Mexico, or Wrangler closing its plant in Seminole - 700 jobs gone overseas. What has come along to replace these jobs. Theory is one thing; reality another.
According to the front page story "Grain Companies'Profits Soar as Global Food Crisis Mounts" Wall Street Journal. Wed. April 30, 2008. ADM made $500 million the first quarter of 2008; Cargill made $1 billion; Deere made around $375 million; Monsanto made $1.1 billion; and Mosaic made over $500 million.
In 2000, then Senator Phil Gramm of Texas authored legislation which has colloquially become known as the 'Enron loophole'. The legislation exempted 'e-trading' of energy futures from regulation. Unregulated speculation in oil futures is a likely cause of today's exorbitant gasoline prices.
Matthew 18:23-35 (New International Version) "Therefore, the kingdom of heaven is like a king who wanted to settle accounts with his servants. As he began the settlement, a man who owed him ten thousand talents[a] was brought to him. Since he was not able to pay, the master ordered that he and his wife and his children and all that he had be sold to repay the debt. "The servant fell on his knees before him. 'Be patient with me,' he begged, 'and I will pay back everything.' The servant's master took pity on him, canceled the debt and let him go. "But when that servant went out, he found one of his fellow servants who owed him a hundred denarii.[b] He grabbed him and began to choke him. 'Pay back what you owe me!' he demanded. "His fellow servant fell to his knees and begged him, 'Be patient with me, and I will pay you back.' "But he refused. Instead, he went off and had the man thrown into prison until he could pay the debt. When the other servants saw what had happened, they were greatly distressed and went and told their master everything that had happened. "Then the master called the servant in. 'You wicked servant,' he said, 'I canceled all that debt of yours because you begged me to. Shouldn't you have had mercy on your fellow servant just as I had on you?' In anger his master turned him over to the jailers to be tortured, until he should pay back all he owed. "This is how my heavenly Father will treat each of you unless you forgive your brother from your heart." Footnotes: a. Matthew 18:24 That is, millions of dollars b. Matthew 18:28 That is, a few dollars
The big banks, Chase, Bank of America , were like the first man in the parable above – they were bailed out –Chase 50 billion; Bank of America 45 billion TARP money received. Yet, did these big banks forgive debt or lower their interest rates of holders of their credit cards. No.
Sorry Mr. Hamilton had a bad experience at Jamils. I'm a native Tulsan who has lived in Washington, DC for over twenty years, and dined on steak at Charlie Palmers, the Palm, the National Press club. None have tasted better than the beef I enjoy and have enjoyed for years at Jamil's. My family and I just ate there around a month ago. The relish tray, ribs, bologna, cabbage rolls - served in the Lebanese mezze tradition, along with the hospitality of our waitress, who was quite pretty I might add, made it a very enjoyable experience. I recommend Jamil's - can't wait to eat there next time I am in Tulsa.
Yes indeed. One may notice that several members of the Advisory Board of Governors of the Communities Foundation of Oklahoma were also on the Right to Work steering committee back in 2001.
White collar workers are already unionized. The National Writers Union (www.nwu.org); Society of Professional Engineering Employees in Aerospace (www.speea.org); SEIU organizes college professors. I'll bet there are a lot of other white collar workers that would like to organize as well. We're all in it together, brothers and sisters!
The $700 billion in TARP money that the government gave the big banks to bail them out would have paid all the credit card debt in America. In other words, we could have forgiven all the credit card debt - put some change in the average person's pocket, thus stumulating the economy.
There used to be a valuable resource called The Advisory Commission on Intergovernmental Relations (ACIR) that tried to bridge the gap in regards to Federal/State regulatory issurs. Sadly, it is defunct. The archived web site of the ACIR can be found at the University of North Texas's 'Cyber Cemetery'
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COMMENTS
Posted by: George
27 comments total
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Re: It's the Economy, Stupid, Part II
Theory is one thing; reality another.
Re: Loaf of Bread for a Bag of Gold?
ADM made $500 million the first quarter of 2008; Cargill made $1 billion; Deere made around $375 million; Monsanto made $1.1 billion; and Mosaic made over $500 million.
Re: Loaf of Bread for a Bag of Gold?
http://www.ewg.org/farming
Re: Works for Us
legislation which has colloquially become known as the 'Enron loophole'. The legislation exempted 'e-trading' of energy futures from regulation.
Unregulated speculation in oil futures is a likely cause of today's exorbitant gasoline prices.
Re: Credit Cards and Predictable Unintended Consequences
"Therefore, the kingdom of heaven is like a king who wanted to settle accounts with his servants. As he began the settlement, a man who owed him ten thousand talents[a] was brought to him. Since he was not able to pay, the master ordered that he and his wife and his children and all that he had be sold to repay the debt.
"The servant fell on his knees before him. 'Be patient with me,' he begged, 'and I will pay back everything.' The servant's master took pity on him, canceled the debt and let him go.
"But when that servant went out, he found one of his fellow servants who owed him a hundred denarii.[b] He grabbed him and began to choke him. 'Pay back what you owe me!' he demanded.
"His fellow servant fell to his knees and begged him, 'Be patient with me, and I will pay you back.'
"But he refused. Instead, he went off and had the man thrown into prison until he could pay the debt. When the other servants saw what had happened, they were greatly distressed and went and told their master everything that had happened.
"Then the master called the servant in. 'You wicked servant,' he said, 'I canceled all that debt of yours because you begged me to. Shouldn't you have had mercy on your fellow servant just as I had on you?' In anger his master turned him over to the jailers to be tortured, until he should pay back all he owed.
"This is how my heavenly Father will treat each of you unless you forgive your brother from your heart."
Footnotes:
a. Matthew 18:24 That is, millions of dollars
b. Matthew 18:28 That is, a few dollars
The big banks, Chase, Bank of America , were like the first man in the parable above – they were bailed out –Chase 50 billion; Bank of America 45 billion TARP money received.
Yet, did these big banks forgive debt or lower their interest rates of holders of their credit cards. No.
Re: Rainy Day Fund Forecast
Re: Steaked Through the Heart
Re: The Governing Elite vs. the Rest
http://blogs.govexec.com/fedblog/2010/06/strength_of_public_sector_unio.php
Re: Conspiracy on the Web?
www.realclearpolitics.com
Re: Too Pig to Jail?
Re: Captiolists
One may notice that several members of the Advisory Board of Governors of the Communities Foundation of Oklahoma were also on the Right to Work steering committee back in 2001.
Re: What Unions?
The National Writers Union (www.nwu.org);
Society of Professional Engineering Employees in Aerospace (www.speea.org); SEIU organizes college professors.
I'll bet there are a lot of other white collar workers that would like to organize as well.
We're all in it together, brothers and sisters!
Re: Thrifty Families and Other Lies
Have the banks dropped their interest rates? No.
How did interest rates go from 5% to 30% anyway.
Re: Organizing a New Voice
Forgive credit card debt. Put some cash in people's pocket for Saturday night - Stimulate the economy.
Re: Planting Crocuses in the Water
Re: Homelessness Interrupted
http://www.storiedstreets.com/
Re: Our Politicians Need an Education
Sadly, it is defunct.
The archived web site of the ACIR can be found at the University of North Texas's 'Cyber Cemetery'
http://www.library.unt.edu/gpo/acir/Default.html
Re: As the Tap Turns
'Only Tulsa's delicious tap water is as it was.'
PAUL HARVEY'S HOMECOMING -- HON. PHILIP M. CRANE in the
House of Representatives
(Extension of Remarks - August 05, 1994)
Congressional Record
http://thomas.loc.gov/cgi-bin/query/z?r103:E05AU4-206:
Re: Green Shoots in Aerospace
Re: About The TwinkieVerse
According to CNN, Hostess made 500 million twinkies last year.
also, read http://www.businessinsider.com/how-hostess-failed-hedge-funds-v-unions-2012-11