they say history repeats itself........................ who out - TopicsExpress



          

they say history repeats itself........................ who out there cant get overtime, who has to eagle eye time cards cause you will get rimmd for going over, .. who getting that 40hrs cut, ... how come part time is the jobs showing we have job growth in america .... how come companies are bailed out, banks bailed out, foreign countries are aided, but detroit is in ruins, gov. budget threats every 4months. ... how the hell is profits at a all time high, and wages at a all time low. in the 80s middle class was making up to 75grand in a household, now its 56k .. 2014 middle class is making less that what they were 20yrs ago.. but companies are making way more. .. thats how we got people competing to be the billionaires on top of your heads. and we praise that. better wake up .. WE ARE IN A NEW ROBBER BARON PHASE OF AMERICA * * Robber baron (industrialist) From Wikipedia, the free encyclopedia In social criticism and economic literature, robber baron became a derogatory term applied to wealthy and powerful 19th-century American businessmen that appeared in North American periodical literature as early as the August 1870 issue of The Atlantic Monthly[1] magazine. By the late 1800s, the term was typically applied to businessmen who used what were considered to be exploitative practices to amass their wealth.[2] These practices included exerting control over national resources, accruing high levels of government influence, paying extremely low wages, squashing competition by acquiring competitors in order to create monopolies and eventually raise prices, and schemes to sell stock at inflated prices[2] to unsuspecting investors in a manner which would eventually destroy the company for which the stock was issued and impoverish investors.[2] The term combines the sense of criminal (robber) and illegitimate aristocracy (a baron is an illegitimate role in a republic).[3] We hear now on all sides the term Robber Barons applied to some of the great capitalists. ... The old robber barons of the Middle Ages who plundered sword in hand and lance in rest were more honest than this new aristocracy of swindling millionaires.[1] —Lida F. Baldwin, quoting the August 1870 issue of The Atlantic Monthly, writing in 1907 about how little business had changed in 35 years.
Posted on: Wed, 30 Jul 2014 18:39:02 +0000

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