Go Home

I caught Sherrod Brown talking economic sense for the United States the other day and the need to restore our manufacturing base and do something about putting Americans back to work. Here's Thom Hartmann on Russia Today addressing the real problem with our economy as well -- the jobs crisis.

From Thom's You Tube Channel:

So raise the damn debt-ceiling - and get on with addressing the real crisis in America - the crisis created by our insane so-called Free Trade policies and treaties, and greedy corporate CEOs with too much power.

Amen brother. It would be nice to see the politicians having their phone lines burnt up over this issue as well instead of just for calls for all of them to compromise with GOP hostage takers on the debt ceiling.

Share This Post

Link To This Post


14 Comments
Ape-Man's picture

Without a consumer class they won't even be job movers.


"Government by organized money is just as dangerous as Government by organized mob"
-= Franklin Delano Roosevelt =-

fiver's picture

Chairman and C.E.O of G.E., and Chairman of President Obama's Jobs Task Force.

What did Mr. Immelt have to say about moving jobs beyond just moving them? Here's what Bernie Sanders had to say:

GE is of course one of our major corporations, and in fact this recent disclosure pointed out the taxpayers of this country, through the Fed, provided $16 billion in bailout to General Electric during the recent crisis. This is what the head, CEO, of General Electric, Jeffrey Immelt, said in 2002, December 6. Quote, Jeff Immelt, head of CEO [sic].

When I am talking to GE managers, I talk China, China, China, China, China. [Five Chinas] You need to be there. You need to change the way people talk about it and how they get there. I am a nut on China. Outsourcing from China is going to grow to 5 billion. We are building a tech center in China. Every discussion today has to center on China. The cost basis is extremely attractive. You can take an 18 cubic foot refrigerator, make it in China, land it in the United States, and land it for less than we can make an 18 cubic foot refrigerator ourselves.”

End of quote. Jeffrey Immelt, Chairman, CEO of General Electric, quoted in an investor meeting, on December 6, 2002.

Gee! When GE had, a couple of years ago, some really difficult economic times, they needed $16 billion to bail them out, I didn’t hear Mr. Immelt going to China, China, China, China, China. I didn’t hear that. I heard Mr. Immelt going to the taxpayers of the United States for his welfare check. So I say to Mr. Immelt, and I say to all these CEOs that have been so quick to run to China, that maybe it’s time to start reinvesting in the United States of the America. [emphases added]


Corruption favors the wealthy.

to convince Obama to change his mind and work for you. Or at least you're not working as hard as those, with large amounts of disposable capital, are laboring in order to get him to pay attention to them.

Apparently in Democracy 2.0 people have to work for politicians, not the other way around. A common misconception from more archaic forms of popular representation.


CTHULHU 2012 "Why vote for a lesser evil?"

Proud American Liberal's picture

It's all about the $$$$$.

moraltrumpslegal's picture

doing business in the U.S. is a bad deal. It's way past time to look at the reasons why doing business in other parts of the world is a better deal and then making the adjustments that are necessary to compete.

Ape-Man's picture

They just need to put the regulations back in place. Capitalism blows up in our faces without regulation. I say lets go back to what works!


"Government by organized money is just as dangerous as Government by organized mob"
-= Franklin Delano Roosevelt =-

Kathy in St. Louis's picture

a dollar a day and work in the poorest conditions possible. That should do it.

in the world can be considered a "bad deal" exactly?


CTHULHU 2012 "Why vote for a lesser evil?"

Proud American Liberal's picture

They are not the same thing. Higher productivity right now is fewer people doing more work for less pay, while CEOs suck up the pofits.

DoublePlusLiberal's picture

Obviously doing business in the U.S. is a bad deal.

If it's such a bad deal.....
Then I say I say kick all the Kochsuckering corporations out! FUCK'EM!!!
We don't need them....period.
Let'em peddle all their cheap-plastic-bullshit elsewhere.
If they don't need us we don't need them- tit for tat.
Let real people replace them.
There are plenty of hard working industrious people who'd fill the vacuum real quick!

16Billion USD
Thats 16,000 x $1,000,000

The USG would have been better of to have a contest type thing.
The 16,000 best ideas get $1,000,000 to start up the idea.
We don't need these fucking traitotous corporations.

The financial industry was bailed out with trillions

each trillion USD is

$1 million USD x $1 million USD

That money could have gone a long way helping REAL people to start REAL businesses.


Beer-i.e., God's Sweet Nectar- is a magic drink that makes you smarter, stronger, and more sexy.
-S. Colbert

Kathy in St. Louis's picture

I've been saying this since the late 80s. Who is going to buy all their crap when they've exported the last good job out of the U.S. ? And how safe is it going to be when 60 or 70 percent of the population is a permanent underclass? Maybe we can be like Panama and other south of the border countries where it isn't even safe to go into the cities anymore.

Kelvin Phillips's picture

Corporate CEOs are definitely job movers. Too bad they can't move themselves to pay their taxes.

John F A's picture

When China discovers they can manufacture the goods that they sell to the rest of the world WITHOUT the enormous overhead created by American CEOs?

MacJr's picture

Just like some are doing now.


Humpty Dumpty was pushed.

Comments are closed on this entry