Tuesday, March 27, 2012

Oligarchs without Borders

The Hand of Austerity
The right to collectively bargain for wages is getting the ax in Great Briton. It seems union busting sickness has spread from America's borders clear on over to Europe - or is it the other way around? Bad ideas are like gossip, they spread fast and far, and as long as those precious few with all of that concentrated wealth continue to rule the world - the reaming will continue.

Millions of teachers, nurses, civil servants and other public sector workers are to lose their right to national pay rates, the Chancellor George Osborne will announce in next week’s Budget.

George Osborne will say that public sector employees in poorer parts of the country should have their pay frozen until it is brought into line with local private sector workers.
Gee, that idea seems strangely familiar- isn't Mitt Romney hyping the same thing here? Bringing public wages down to so-called private sector levels? or as it could be called, the Walmartinization of America.


Are we witnessing something akin to Oligarchs without borders?

Mr Osborne originally intended to introduce local pay rates in April 2013, but has decided to bring the plans forward by a year in an attempt to boost growth. ( by making everyone poorer )

The move is likely to be met with a furious response from unions, which are already threatening industrial action over cuts to pensions.

The Chancellor will publish figures that show that in some parts of England and Wales public sector workers earn almost a fifth more than those in equivalent jobs in the private sector. What he and all of the other feudal lords forget to mention is the fact that private sector wages are declining at an alarming rate. It's a race to the bottom on a global scale.

The Treasury argues that the pay gap leaves private companies struggling to compete for the best staff against public sector organisations, whose workers also enjoy better pensions and job security. So the only solution offered is to bring everyone down in order to grow the economy?

Shrinking something makes it bigger.

Does this same solution apply to those banking executives and corporate CEO's?

The National Union of Teachers said it was calling a one-day strike in London on March 28 as the next step in its pensions campaign. Mr Osborne, however, is determined to push ahead with the reforms to pay and pensions. The Treasury wants to base the plans on a local-pay system introduced for staff in courts under the previous government

  1. End public union collective bargaining completely
  2. End all prevailing wages laws including Davis Bacon
  3. Institute National Right-to-Work Laws

Taking away people's right to collective bargaining just like the Republican agenda in the good ole USA.


Public sector wages did not create the economic crisis; the Wall Street banks taking too many risks and getting bailed out by public money did, then they dumped their toxic junk into the financial stream that spread across the planet. How many governments have been crippled by the financial elite and their investments of death?

It wasn't your mail carrier, or your kid's science teacher, or the guy down at the DMV who wrecked the economy.

Don't balance the books on the backs of workers. Instead of bringing down public sector wages, how about bringing private sector wages up to parity? The austerity agenda will only benefit corporations and banks, leaving the 99% in poverty with no purchasing power to buy goods and services. Capitalism has to realize that the workers deserve a fair share of the profit their labor generates, otherwise the labor will cease.

And when that happens - it all comes to a grinding halt.


Austerity and belt tightening is right there at the top of the Banks' agenda. The unconscious parroting of that agenda is what will make us all boiled frogs and serfs, and the world safe for international banking.


The banksters are an international hornet's nest of criminals still running the gambling casino. 

They are addicts in need of an intervention.

We are their intervention. It's time to initiate a little international 12 step solution.

ickenittle

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