Tapsearch Com EditorStreaming the News in proper order
November 19th 2011 17:06
Bizarre Politics Reports:
We have news reporting limited to time intervals related to election years.We miss the cause and effect of our economic mess.
We need to stream the news back to the source of an issue
We need to stream the news back to the source of an issue
Chopped up news does not tell the full story about the problems of our times.
We need to stream the news back to the cause and not only report the current event. This is a real story behind the Occupy Wall Street protests :
The Occupy Wall Street protests are reported as a sudden uprising of a working poor and jobless class. Major newspapers pass on Associated Press releases instead of directly reporting the story themselves. The releases depict a difference between those who have jobs and those who do not. On the TV news channels, we see Wall Street workers shouting back to the protesters to occupy a desk and get a job.
Actually this interaction tells a story behind the story. The real story is about President Obama bailing out Wall Street and the money interests while ignoring all who lost their jobs with many losing everything. Then President Obama put the big money interests back in control of the economy even though they failed. Behind this event is free trade which stole the jobs away with the value of the stock market growing. Once companies were rewarded with an increase in stock value when a company increased the number of the workers while still being able to show a profit. When free trade came, the opposite happened. The value of stock increased as workers got fired instead of hired. They labeled this as an increase in efficiency and productivity as jobs were moved outside of the country.
Back in the late 1980s and early 1990s, new start ups in the Silicon Valley sent their production outside of the USA. For example the major hard disk manufacturer start up ended up with about 100,000 workers with only 10,000 of them in the USA. The stock rose in value and many investors made a profit. This demonstrated the separation of stock values to workers value. The less amount paid to workers fewer in numbers grew the value of stocks at the expense of the value of workers.
So when President Obama bailed out Wall Street, he automatically bailed out the free trade system behind it. In the end, the Wall Street workers incomes and salaries are subsidized by a taxpayer base and all those whose jobs were sacrificed at the altar of greed.
The news channels do not tell this story or stream the news back to the time of the fall of Enron and World Com when this all started to happen. It streams back to other corporate heads who slashed jobs and factories which left shareholders far richer. One of " the Shredders " was "Chainsaw Al" - Albert Dunlap, Chairman of Sunbeam Corporation. He cut 11,200 jobs when he took over Scott Paper Co. He then wound up selling Scott Paper to Kimberly-Clark Corp for $9 billion, netting billions of for shareholders and tens of millions for himself.
We are now seeing what happens when these monopoly games are played out. There is nothing left to cut. How will the stock market react when the subsidized bail out levels out. In 1998, business failures increased 16 percent. More than 83,000 businesses failed.
The former head of GE said we should keep all our production on barges ready to be shipped from place to place for the sake of cheaper labor. He said this during the same period GE paid no corporate taxes.
This is the real story that should be told related to the Occupy Wall Street protests. Instead we have the Associated Press passing on a story with one who has a subsidized job shouting out to a protester to get a job.
This is happening while big money politicians who were part of the problem now are now pushing for austerity programs and they call themselves The Super Committee.
We need to stream the news back to the cause and not only report the current event. This is a real story behind the Occupy Wall Street protests :
The real story behind Occupy Wall Street protests
The Occupy Wall Street protests are reported as a sudden uprising of a working poor and jobless class. Major newspapers pass on Associated Press releases instead of directly reporting the story themselves. The releases depict a difference between those who have jobs and those who do not. On the TV news channels, we see Wall Street workers shouting back to the protesters to occupy a desk and get a job.
Actually this interaction tells a story behind the story. The real story is about President Obama bailing out Wall Street and the money interests while ignoring all who lost their jobs with many losing everything. Then President Obama put the big money interests back in control of the economy even though they failed. Behind this event is free trade which stole the jobs away with the value of the stock market growing. Once companies were rewarded with an increase in stock value when a company increased the number of the workers while still being able to show a profit. When free trade came, the opposite happened. The value of stock increased as workers got fired instead of hired. They labeled this as an increase in efficiency and productivity as jobs were moved outside of the country.
Back in the late 1980s and early 1990s, new start ups in the Silicon Valley sent their production outside of the USA. For example the major hard disk manufacturer start up ended up with about 100,000 workers with only 10,000 of them in the USA. The stock rose in value and many investors made a profit. This demonstrated the separation of stock values to workers value. The less amount paid to workers fewer in numbers grew the value of stocks at the expense of the value of workers.
So when President Obama bailed out Wall Street, he automatically bailed out the free trade system behind it. In the end, the Wall Street workers incomes and salaries are subsidized by a taxpayer base and all those whose jobs were sacrificed at the altar of greed.
The news channels do not tell this story or stream the news back to the time of the fall of Enron and World Com when this all started to happen. It streams back to other corporate heads who slashed jobs and factories which left shareholders far richer. One of " the Shredders " was "Chainsaw Al" - Albert Dunlap, Chairman of Sunbeam Corporation. He cut 11,200 jobs when he took over Scott Paper Co. He then wound up selling Scott Paper to Kimberly-Clark Corp for $9 billion, netting billions of for shareholders and tens of millions for himself.
We are now seeing what happens when these monopoly games are played out. There is nothing left to cut. How will the stock market react when the subsidized bail out levels out. In 1998, business failures increased 16 percent. More than 83,000 businesses failed.
The former head of GE said we should keep all our production on barges ready to be shipped from place to place for the sake of cheaper labor. He said this during the same period GE paid no corporate taxes.
This is the real story that should be told related to the Occupy Wall Street protests. Instead we have the Associated Press passing on a story with one who has a subsidized job shouting out to a protester to get a job.
This is happening while big money politicians who were part of the problem now are now pushing for austerity programs and they call themselves The Super Committee.
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Can not leave free trade out of the Occupy Wall Street protests