elections

Manufacturing Matters

On Manufacturing and Innovation

Manufacturing was once widely recognized as the outstanding strength of America and the basis of its prosperity, but manufacturing also has a more recent history of being almost a pariah.  This newer view equated computer chips with potato chips, asserted that manufacturing is better left to others, and suggested that the nation is actually fortunate to be losing manufacturing and aiming to replace it with design, research, and services.

Do You Know Who Owns Your Congressional Representative?

Bloomberg has yet another stunning revelation that Tea Party Congressional members are being funded heavily by the Banksters.

Tea Party favorites such as Stephen Fincher of Tennessee were swept into Congress on a wave of anger over government-funded bailouts of banks.

Now those incumbents are collecting thousands of dollars for re-election campaigns from the same Wall Street firms whose excesses they criticized. They have taken no significant steps to curb them or prevent future taxpayer-financed rescues.

Cheese Whiz Wisconsin - Do Over Comes Up Short

cheese whiz
Wisconsin Just Showed Us. You can call a do over on your reactionary votes from 2010. Hate your representative? Completely upset with the jobs crisis, now projected to continue ad infinitum?

Have a recall!

In the largest clustered recall ever, six Wisconsin State Senate Republicans faced a recall election and special interest money poured into the State:

Spending on the nine elections had reached $33 million, most of it from outside special interest groups. Interest group spending has far eclipsed the Wisconsin record of about $20 million set in 2008 elections that covered half the state Senate and all Assembly members.

The fight is over Governor Walker's war against organized labor in Wisconsin, along with his Tea party cohorts. His anti-labor legislation prompted a massive recall effort of State Senators who helped Walker push through his anti-labor agenda. The voter turnout is hitting Presidential election levels.

The Bipartisan Citizen Beat Down and the End of Democracy

Michael Collins

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Both political parties are manifestly hostile to citizens. This hostility reduces electoral participation to just over 50% of the voting age population for presidential elections and less than 40% for off-year congressional elections. The absence of 50% to 60% of those eligible to vote creates minority rule and threatens the legitimacy of any ruling party. Truly, every election ratifies the rejection of both parties.

Pickin' The Bones of Election 2010

political graveyard We now have various analysts pickin' the bones on election 2010, many trying to justify some political position or cause. This site already had it's say and proclaimed it was about jobs. What say others?

Public Citizen says Democrats who had strong positions on reforming trade agreements and policy won and those who didn't lost.

House Democrats that ran on fair trade platforms in competitive and open-seat races were three times as likely to survive the GOP tidal wave than Democrats who ran against fair trade, according to a comprehensive 182-race, 70-page report released by Public Citizen. The GOP tsunami obliterated many candidate-specific features of the midterm contests, but trade, job offshoring and/or government purchases of foreign-made goods were a stunningly persistent national focus of midterm election campaigns, with 205 candidates campaigning on these issues. A record number of 75 Republicans adopted some fair trade messaging as well, 43 of whom won their races. More than sixty races became “fair trade offs,” where both the Democrat and Republican ran on fair trade themes. Only 37 candidates campaigned in favor of more North American Free Trade Agreement (NAFTA)-style trade agreements - about half of these candidates lost.

A "Decisive Defeat" But Is Anyone Winning?

On the eve of Election 2010, most pollsters and pundits are predicting a decisive defeat for Democrats with most claiming this is a referendum of the Obama administration. But, what, exactly does this vote mean for the economy and U.S. middle class?

Reading the tea leaves, pun intended, one must wonder how the media can be so disconnected with what is really going on in America.

What are people so pissed about? Is it bi-partisanship, Obamacare, the Stimulus, taxes? Is it elected officials are not liberal, moderate, conservative, work across the aisle enough?

All of that is wrong.

As a site which has daily written about the United States economy, I can definitely say it's about jobs.

Wall Street got a bail out and bonuses, Americans got laid off and made poor. Special interests and even China got Stimulus, Americans got more jobs offshore outsourced and foreclosed upon. High frequency traders made billions, regular Americans lost their meager retirement.

Now there is pressure for Obama to shed himself of his advisers.

Among the complaints: Mr. Obama conveyed an incoherent message that didn't express what Democrats would do over the next two years if they retain power; he focused more on his own image than helping Democratic candidates; and the White House picked the wrong battle when it attacked Republicans for using "outside" money to pay for campaigns, an issue disconnected from voters' real-world anxieties.

Indian Offshore Outsourcers Start Propaganda Campaign, Funding Elections to Get Your Job

the tokensIn a backdrop of election 2010, we have more spin. NASSCOM, the India offshore outsourcing industry is starting a media and public relations campaign to get your job.

India’s top tech firms, along with Nasscom, are lobbying harder on Capitol Hill and are set to launch a public campaign on hiring more local staff in the US as political rhetoric against offshoring of IT and back office jobs reaches an all-time high ahead of the US November elections.

Hiring Americans is not what they will do in reality. Instead they will contract or hire a few token Americans to point to as evidence they are not committing global labor arbitrage. Labor arbitrage, or squeezing workers for profits, is the entire business model of these Indian body shops.

These same offshorers are buying our elections and controlling our Congress.

Bangalore-based Wipro spent $33,000 as lobbying costs in Q2 this year in the US. Chennai-based Cognizant has spent a whopping $320,000 in lobbying this year.

Now guess which party is completely in their pockets? Republicans.

Some of the intense lobbying and other initiatives are already bearing fruit. Last month senate Republicans defeated a bill aimed at taxing American multinationals moving services and manufacturing jobs to cheaper overseas locations such as China and India.

UPDATE : Manufacturing Monday: Jobs, Jobs, Jobs!


(UPDATE NOTE: New economic data released, see below!)

The Democrats are finally going after McCain's jugular. That is, his economic policies. Oh sure, we all know he's Mister War, and that is one of his weak links too. But the economy, in particular the jobs situation, that will help propel Barack Obama into the White House.

The DNC responds to McCain's Jobs First campaign restart.

The Democratic National Committee finally released their response to John Airbus McCain's reboot of his half-ass presidential campaign under a "Jobs First" theme. But slightly off topic for just a brief second, can anyone tell me how the hell this man hasn't even been replaced by Cheney yet with someone else?? Shit, Viagra whore, Bob Dole, ran a better campaign than this! Ok, back on topic.