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Hard Times
Sunday, December 28 2008 @ 10:47 PM EST Contributed by: jpbull Views: 9
Billions for wars.
Billions to bail out Wall Street.
Nothing for our needy citizens.
Sunday, December 07 2008 @ 11:39 AM EST Contributed by: jpbull Views: 27
Bank failures since Oct 1,2000 in Georgia
Republican Gramm and his crazy economics just cost the taxpayers,(you and me), a pile!
Jared Bernstein points the finger at Phil Gramm for the plight we are in today........
"Driven by that lethal combination of ideological market fundamentalism, or, if you prefer, YOYO economics (“you’re on your own), and the desire to help rich friends in the banking industry, Gramm crafted legislation that helped get us where we are today. Most notably, in 1999, he sponsored the Gramm-Leach-Bliley Act, which essentially took down the regulatory walls between commercial and non-commercial lenders (the latter being investment banks like Bear Stearns or mortgage brokers like Countrywide, to pull a few names out of the air). "
Thursday, December 04 2008 @ 01:18 AM EST Contributed by: jpbull Views: 25
How much value do UAW members contribute to their employers?
American autoworkers are among the most productive workers in the world. According to the U.S. Census Bureau, the typical autoworker produces value added worth $206 per worker per hour.1 This is far more than he or she earns in wages, even when benefits, statutory contributions and other costs are included.
How much are labor costs in relation to the total price of a new vehicle?
The total labor cost of a new vehicle produced in the United States is about $2,400,2 which includes direct, indirect and salaried labor for engines, stamping and assembly at the automakers’ plants.
This represents 8.4 percent of the typical $28,4513 price of a new vehicle in 2006. The vast majority of the costs of producing a vehicle and transporting it to a dealership and preparing it for sale – including design, engineering, marketing, raw materials, executive compensation and other costs – are not related to direct or indirect manufacturing labor.
