E-Verify

So what happened to E-Verify, one of the best federal programs designed to screen out illegal aliens? It has over a 99% accuarcy rate. It's set to expire soon. What is your congressman's position on the program? Will they let it just expire, so that companys can continue to exploit the illegals while putting the middleclass out of a job?

Will you stand by while they do?

I'm back

After not Blogging for some time, I decided its time once again to question this nations policies and company practices to support the middle class.

Big Three Bailout

In listening to the news, one would think that the big three's real issues are centered around the total compensation of the UWA line workers. Does anyone in the news question the executive pay? Not just at the C level, but to the huge bonus payouts to the executives and managers at all levels all while losing billions every quarter for the last how many quarters.

One could argue, its not the employee compensation but the total mismanagement of the organizations that are the root cause.

Bail them out so they can contunue to mis manage the companies?

Back Again

Watching what is going on in the economy and the stock markets worldwide, I thought it would be appropriate to once again open this blog. Unemployment in the US is the highest its been in years. No one in our national leadership, or should i say management because there are no national leaders, seems to understand that if our jobs are exported the economy will fail.

We're faced with an urgent crucial decision as to whether or not to bail out the Big 3 automakers. Millions could be displaced if the right decisions are not made soon, as Ford, GM and Chrysler are running out of cash. Not only the employees of the automakers will be in the unemployment lines but the millions of people who are the suppliers will be as well. Estimates of more than 2 million people will be affected.

The question is...

Is it right to bail out the automakers and to allow the top management of these companies to benefit from a bail out when its their poor leadership that put them in this mess? Had they built cars that actually attracted customers to buy their products they wouldn't be in this mess. In the late 70s the Japanese surprised the US car makers by taking a significant share of the US market. Has Detroit actually adapted?

Free Trade

The Bush Administration is pushing new free trade agreements once again. When will they be honest and start calling them free job agreements, as they replace good paying american jobs with nearly free labor, pennies a day, in underdeveloped countries.

Have you checked to see how your representatives stand on these issues? What votes have they cast?

Boycott Mattel

It's time we show show Mattel what we think of their offshore strategies by boycotting all products made by the manufacturer. While they may be the worlds largest toy company, there are plenty of other choices. Pick a product made in the USA.

More Lost Manufacturering Job

The economic data released by the Labor Department sites 16,000 more manufacturing jobs lost in January despite 13,000 Goodyear's employees returning to work. Let's hope the Democraticly controlled Congress will put an end to this madness of fast track free (not fair) trade agreements.

US PC Manufacturer

Union Built PCs offers desktops computers, laptops and servers all assembled here in the USA at reasonable prices. You can find them at http://www.unionbuiltpc.com/.

Featured Manufacturer

Rather than posting about jobs going overseas, it's important to highlight manufacturers that are dedicated to keeping the jobs here in the US. Bill's Khakis, http://www.billskhakis.com/, is one of those. You'll find a retailer near you on his easy to use website.

Remember, you strengthen America when you buy American.

Site Overhaul

I decided to change the look of the site and lost some of the edits I've done over the last few months. I'm hoping I can reconstruct all or at least most of what I lost.

Please check back for more posts later this week. Thanks for your patience.

Concerned

An Interesting Post

While doing some research today I came across this very interesting post by Ezra Klein on new statistics on poverty in the US, titled Our Wonderous Economy.

http://ezraklein.typepad.com/blog/2006/08/our_wondrous_ec.html#comment-21750975

I encourage you to take a look at it as well as the comments that are posted. It's make for an interesting debate.

The Golden Era of Profitablity

Ben Bernanke, the current Fed Chariman recently spoke at an economics conference in Jackson Hole, WY. He remarks were made at a time when congress is at least contemplating tariffs on China for its monetary policy of keeping the Yuan artificially low and many of it's predatory trade practices.

“The emergence of China, India and the former communist-bloc countries implies that the greater part of the earth’s population is now engaged, at least potentially, in the global economy. There are no historical antecedents for this development. “

Bernanke said Christopher Columbus’s voyage to the New World ultimately led to enormous economic change, but it took centuries for the New and Old Worlds to economically integrate.
“In contrast, the economic opening of China which began in earnest less than three decades ago, is proceeding rapidly and, if anything, seems to be accelerating,”

The natural reaction of those so affected is to resist change, for example, by seeking the passage of protectionist measures.The challenge for policy-makers is to ensure that the benefits of global economic integration are sufficiently widely shared — for example, by helping displaced workers get the necessary training to take advantage of new opportunities."

President Bush believes that math and science education will help offset the job losses occuring in the US. What he fails to mention is these jobs too can be offshored to cheap labor unless fair and effective policies are put into place.

One would think that Ben, our chief economist, would look at the details in the big picture he outlines.

For addtional commentary look at this blog, http://zane.typepad.com/ccuceo/2006/08/ben_bernanke_on.html

Trucks

Ford made an announcement last week that plans to speed up closing some factories in the US due to slowing sales of their light truck lines and SUVs. Now imagine that Chairman Bill Ford couldn't forsee that a naation at war with skyrocketing fuel costs just aaren't intersted in buying gas guzzlers. It was also annnounced due to the slow sales of these vehicles that it is ceasing production between now and the end of the year on ten assembly lines due to balooning inventories.

How many more American jobs are being laid waste due to the shortsightedness of our business leaders in the US?

China Exploits NAFTA

As if the NAFTA agreement and shipping off our jobs to China wasn't bad enough for this country, it seems that China has found a way to exploit our NAFTA agreement that we entered into with both Mexico and Canada. China has contracted with Mexico to enhance their deep channel ports to bring goods into the US. By utilizing cheap labor in Mexico's Baja penisula, China will be bypassing our ports, American labor, and our security to bring their goods into our country through the back door. Now that's a trading partner for you!

When will our policy makers step up and promote fair trade...................

I found an interesting blog worth your attention if you want to examine the cost of outsourcing from the point of view of where the jobs going. Check out http://navs.wordpress.com/2006/08/06/economics-of-outsourcing/

Outsourcing Tutors

I came across an article yesterday that really disturbed me. It seems that the tutoring of our children is now being outsourcing to India as well. Online tutoring services are popping up in India. It only takes a video camera attached to a computer to make it work. The article citied huge cost savings. The typical offhshored tutor charges $100/month, where as tutors in the US may be as much as a $100 per session.

I wonder if the parents are actually examining the real costs associated with tutoring their kids offshore. Just to identify a few of the not so apparent cost. The loss of another US job, lowering the tax base, thus affecting the quality of education that their children receive. More importantly, what will the children do when they complete their education since we are continually supporting companies that take our jobs. First it was manufacturing, we were told that's good for the economy as their will be more service and knowledge based jobs. Now their exporting more and more knowledge based jobs. What kind of jobs will be left for our children as congress want to give the service based jobs to the illegal immigrants.

Something to ponder...........

Retirement Accounts

Before recessing for summer vacation, who can tell when they are on vacation when they were in session less than 90 days so far this year, continued the erosion of the middle class. It seems they passed the long overdue pension reform bill. Have they gone so far as to kill company funded retirement accounts all together?

Let's exam some of the key points of the bill. Companies must have there funds fully funded in the next seven years. That means as of today these companies must come up with over $22 billion collectively just to get back to where they should be. Can you see more jobs being exported to fun it?

It give airlines extra time to fund their accounts, all when they are going to the courst to break thier pension funds for the sake of competetiveness, United Airlines is a prime example. Some companie smay have up to 30 years to bring up their balance to proper levels.

It does have a positive aspect when it comes to these over paid top execs, it severely curtails their participation if their company has underfunded thier pension accounts by more than 20%.

Will these requirement meant to protect the worker actually do more harm?