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Monday, April 23, 2012

Food for thought

Not even 'the lord's work' is free from lay-offs. The Billy Graham organization, that only brought in $91.6 million in 2011, announced job cuts owing to a need to emphasize its 'airline ministry and other priorities'. Fifty-five were let go in February but the company said that the move, "...in now way reflects the financial health of the organization...and the Lord will protect."
Russell Hancock, who's Joint Venture: Silicon Valley Group produces an annual State of the Valley report said, "Something has changed here, something fundamental, because the technology we've invented here in Silicon Valley has rendered a whole class of jobs obsolete." In other words, technology can't solve poverty and unemployment.
On March 14, Greg Smith quit his job as a director of Goldwyn-Sachs (GS). He said, "It makes me ill how callously people talk about ripping their clients off." GS was rescued as part of the $700 billion bailout of Wall Street in 2008-9. If the executives at GS and their partners in crime won't change, there's no hope for the financial system and every reason to believe the experts who say it will crash again soon. There is every reason to work for its abolition.
Recently the New Democratic Party elected a new leader, a former Liberal. That means that while the NDP is led by a former Liberal, the Liberal Party is led by a former NDP provincial premier. Can you spot the difference? John Ayers

1 comment:

  1. workingclasslass5:47 pm

    Ho ho ! Like the admission by the former head of GS, i will be using that as ammunition against capitalist apologists,Ta much!

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