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Showing posts with label Pro-Publica. Show all posts
Showing posts with label Pro-Publica. Show all posts

Tuesday, July 2, 2013

The article and development Americans need to be aware of


A few days ago I wrote about how corporations are crushing the American middle class with their wages below a true, living wage.  Today, further proof, in this article:



Instead of paying a good, true, living wage wherein a person could pay the rent and keep food on the table and have health care for their family and live a decent life with self-respect, corporations and companies are, instead, hiring for more and more part-time positions or, worse, as in this case, and only hiring "temps"--temporary workers who only get a small, temporary wage with no benefits whatever.

A bit from the article:

In cities all across the country, workers stand on street corners, line up in alleys or wait in a neon-lit beauty salon for rickety vans to whisk them off to warehouses miles away. Some vans are so packed that to get to work, people must squat on milk crates, sit on the laps of passengers they do not know or sometimes lie on the floor, the other workers’ feet on top of them.
 
This is not Mexico. It is not Guatemala or Honduras. This is Chicago, New Jersey, Boston.
 
The people here are not day laborers looking for an odd job from a passing contractor. They are regular employees of temp agencies working in the supply chain of many of America’s largest companies – Walmart, Macy’s, Nike, Frito-Lay. They make our frozen pizzas, sort the recycling from our trash, cut our vegetables and clean our imported fish. They unload clothing and toys made overseas and pack them to fill our store shelves. They are as important to the global economy as shipping containers and Asian garment workers.

Many get by on minimum wage, renting rooms in rundown houses, eating dinners of beans and potatoes, and surviving on food banks and taxpayer-funded health care. They almost never get benefits and have little opportunity for advancement.

Across America, temporary work has become a mainstay of the economy, leading to the proliferation of what researchers have begun to call “temp towns.” They are often dense Latino neighborhoods teeming with temp agencies. Or they are cities where it has become nearly impossible even for whites and African-Americans with vocational training to find factory and warehouse work without first being directed to a temp firm.

This is no way to treat people.

This is no way to have or keep a middle class in America, either.

Worse, it's immoral.  It's vile.  It's bought of greed and short-sighted profit searching.

We need to stand up, we Americans.

Thursday, March 4, 2010

Crazy spending imbalances

Look at the imbalances of what is being spent per capita in each State from the "Stimulus money" at the following link:

http://projects.propublica.org/recovery/

I’m sure it’s typical but Missouri is getting $903.00 per person while Alaskan citizens are getting $2711.86 each spent on them. That's galling enough, by itself, with that crazy inequity but keep in mind, this is where Ms. Palin abhors government--and government spending.

Yeah, I'll bet she does.

Then, on top of that bit of indignity, Washington, DC citizens are getting $5780.30 per person spent on them.

Would someone explain this to me?

Why is it that this is supposed to make sense?

That’s some crazy imbalances.

If you’re from a large Western state where, again, they “hate government” and there’s hardly anyone out there, load up ‘cuz they’re each getting lots more money spent on each of them. (e.g., Montana @ $1,619.97 each).

Damn gubmint.

Saturday, December 12, 2009

Wal Mart, your friendly, local banker

Fascinating news came out today, intertwined with the weekly "Bank Failure Friday".

To wit:

"The last failure of the evening was 122-year-old SolutionsBank [6] of Overland Park, Kansas. As of September 30, SolutionsBank had total assets of $511.1 million and total deposits of approximately $421.3 million. Arvest Bank of Fayetteville, Arkansas assumed all of the deposits of SolutionsBank without paying a premium to the FDIC."

But this is where it gets good:

"Arvest is owned by the family of Wal-Mart Stores Inc. founder Sam Walton. It has twice bid unsuccessfully for failed banks in an effort to break into the Kansas City market, the Kansas City Star reports [7]. With 220 branches spread over Oklahoma, Kansas, Missouri, and Arkansas, Arvest is already a regional player that thanks to the misfortunes of others just got a bit bigger."

As any banker would tell you, Wal Mart has been trying desperately and for some time to get into banking. They owned Arvest and now it just grew further, by a little over a half billion dollars.

You see, if Wal Mart can be its own bank, it will save at least millions more dollars on its own banking but then also make more money--no doubt yet more millions--by doing that banking business, too.

So you see, boys and girls, Wal Mart really will one day own and rule the world.

Bwha-ha-ha-ha-ha.

Link to additional information:
http://www.istockanalyst.com/article/viewiStockNews/articleid/3708382