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POPSFidel Warns That It Would Be A Disaster If Chávez Was Assassinated
" Venezuelan oil is not sugar cane. It is a product which, although market prices were low at the time, such was the volume and quality that it generated a huge income in a currency that possessed tremendous acquisitive power for decades," read Chávez. "Your country achieved certain levels of industrial development," continued Fidel Castro in the letter that the South American leader said he would read in sections. "On your own merits and with tremendous popular support, you are assuming leadership of a people who received very little for what they produced," noted Fidel in his message, in reference to Chávez’ electoral triumph in 1998. "There was a surplus of workers, there was unemployment, the consumerism of the rich, their Yankee-style stores and services, they forced you to sell the workforce, they subjected it to inflation, they shamelessly sold your hard currency reserves" In contrast, Cuba relied solely on its income from sugar cane.
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POPSWhere has all the money gone, long time passing? Here in Italy, we too have our problems mind you? Out sourcing is even in the schools and social services.... and in all public institutions..... Berlusconi, an international buddy of Bush's is back...... This is an eerie era.....
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POPSAmerica’s Carmakers - That Shrinking Feeling Difficult time indeed: Denny Fitzpatrick, a GM dealer in California, observes that he makes more money selling ten Chevy Tahoes (a bloated SUV made by GM) than he does selling 50 Honda Civics (a compact car).
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POPSPutting women's economic agenda in the forefront With all the chatter about Hillary Clinton inevitably losing her bid to become the first female President of the United States, much of the dialogue ends there. Even during the campaign, little was said about enduring economic divide between women and men. This article lays out a few areas worth looking at. They all warrant a closer look.
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POPSThe Last Days of Cheap Chinese More: China's Generation Y, the children born after the one-child policy came into effect, are increasingly aware of their rights to a legal wage, health insurance, and a certain number of days off every month. Their demands for better treatment will continue to drive up the cost of manufacturing in China. Already, southern China's Guangdong province, known as "the workshop of the world," is short 2 million workers, the equivalent of 14 percent of America's entire manufacturing workforce The problem for American retailers and consumers hooked on $3 T-shirts and $30 DVD players is that there is no other China waiting in the wings to make cheap goods reliably for American shoppers So importers are looking back to countries they once rejected in favor of China—Indonesia, Mexico, and Malaysia. And they are looking ahead to countries not yet integrated into the global consumer-goods supply chain, such as Brazil and Kenya
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POPSAmerican Slave Trade; Stronger than Ever "The private contracting of prisoners for work fosters incentives to lock people up. Prisons depend on this income. Corporate stockholders who make money off prisoners' work lobby for longer sentences, in order to expand their workforce. The system feeds itself," says a study by the Progressive Labor Party, which accuses the prison industry of being "an imitation of Nazi Germany with respect to forced slave labor and concentration camps." The prison industry complex is one of the fastest-growing industries in the United States and its investors are on Wall Street. "This multimillion-dollar industry has its own trade exhibitions, conventions, websites, and mail-order/Internet catalogs. It also has direct advertising campaigns, architecture companies, construction companies, investment houses on Wall Street, plumbing supply companies, food supply companies, armed security, and padded cells in a large variety of colours." ... GlobalResearch
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POPS The Restoration of King Dollar Every time an international terrorist event occurs, like the al-Qaeda assassination attempt on former Pakistani prime minister Benazir Bhutto, the dollar falls. When the Turks threaten military action in Kurdistan, Iraq, with speculation that they might march toward the Kirkuk oilfields, the dollar falls. When comrade Vladimir Putin shows up in Iran, with mischief-making statements that support trade and nuclear partnerships with that terrorist government, the dollar falls. It seems as though any nasty international event leads to a dollar decline. This is not good. The dollar needs some propping up. Oil prices are rising. Gold prices are rising. And currency traders around the world have set up huge short-selling positions in the greenback. But a few strong words from Mr. Paulson, coupled with a few well-timed rounds of dollar-buying, could turn the U.S. currency story around
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POPSCocaine Use Hits 10-Year Low This is only among people who get tested at work. You have to wonder whether these people are getting smarter about testing or using other drugs. What happened to methamphetamine use during the same period? --Matt Herper
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POPSCrave the Open Road? Theres a job for YOU. There is a crisis in America that gets bigger every day. As the baby boom generation gets older, fewer and fewer workers from that generation are available to drive the trucks that move almost all of the products we consume every day. For that reason, the American Trucking Association is conducting a wide ranging and diverse hunt for new drivers. Lost a job recently to downsizing? Crave getting out of that Dilbert cube you work in? Maybe you are just home from the Middle East and want out of the Army. Trucking could be for you. Supply chain demand is way up, and drivers are hard to find. That means premium opportunity for those who want to try their hand at the open road. The ATA says there are 20,000 openings now for drivers. In 7 years time, in 2014 that figure jumps to over 110,000 jobs.
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POPSEconomic Flexibility vs Family Values This is a very opinionated article, but I think it at least raises an interesting question about whether the economic and social ideals of the Republican party are at odds with each other.
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POPSBill Gates on How to Keep America Competitive Bill Gates outlines two main factors at the core of American supremacy . But what applies to the US also applies to other nations. A society open to new ideas, as well as covering the basics will definitely become prosperous.
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POPSThe middle class at risk More from Elizabeth Warren of The Two-Income Trap. She basically argues that consumer bankruptcies mostly result from illness, layoffs, or divorce, and that economic shifts have left middle-class families with considerably less disposable income than a generation or two ago. Check out the graph. It's pretty sobering.
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