Wednesday, April 1, 2015

EUREKA! I FINALLY UNDERSTAND IT


EUREKA! I FINALLY UNDERSTAND IT

(FRAZER CHRONICLE)

(All the News That Nobody Else Will Print)

I read an article in the US Today dated 4-1-15 (could this be a joke) about the Koch brothers, who were being defended by some of their donors. Yeah, I was shocked too, I understand that people like the Koch brothers didn’t need any help to advance whatever agendas that they might have. And anyway, the group being subsidized, Freedom Partners, a non-profit doesn’t need to disclose its donors.  But a few have, people and businesses like John Saeman, an investment firm founder, and Chris Ruger, CEO of a California tomato-processing company says that he donates between $500,000 and $1,000,000 yearly. Stanley Hubbard, a Minnesota broadcasting magnate said that he “disagrees sharply with Democrats portrayal of the Koch brothers being power hungry billionaires.”

 

The “small-government, free-market agenda” isn’t something new, that thinking as been going on since back in the early 19th century. Look, economists and big business moguls sing the praises of mass production, of a free market system and a more mobile work-force. And all of this is true…..and helps out the business mogul…..only.

 

Big business talks about how government gets in the way of progress, and of developing natural resources for human consumption, and creating new jobs…..and this is all true. But did you know that the United States industrial revolution (somewhere between 1840 and 1900) gained its impetus from the 1807 Embargo Act and the War of 1812.

 

The Embargo Act of 1807 forbade all exports from the United States; the act was sponsored by President Thomas Jefferson and enacted by Congress. The goal was to force Britain and France to respect American rights during the Napoleonic Wars (you see, even 208 years ago, appearance was important). Britain, France and others were involved in a series of military conflicts pitting the French Empire led by Emperor Napoleon I against an array of European powers. The wars were long, 1803-1815, and bloody and caused much destruction and death.

 

The ideas of small government and free markets is almost a cornerstone of Capitalism, you remember that concept of living, (Capitalism) don’t you? Capitalism is an economic system and a mode of production in which trade, industries, and the means of production are largely or entirely privately owned and operated for a profit. Characteristics of Capitalism include private property, capital accumulation, wage, labor and, in many models, competitive markets. In a Capitalists economy, the parties to a transaction typically determine the prices at which assets, goods, and services are exchanged.

 

THAT WAS IN THE OLD DAYS

Today there aren’t really any Capitalistic economies to be found…..unless you can tell me where I can find a gallon of gasoline for less than $2.44.9 a gallon, or where I can find a tube of tooth-paste for less than $3.00, or buy a pound of hamburg for less than $4.59 a pound. Producers dictate the prices…..not the consumer as in decades past.

 

One thing that does remain from the old days is the fact that management dictates wages, and by management, I mean the owners or shareholders. It has very seldom mattered how much work was produced, a good employee opposed to a bad employee in the long run has made little or no difference in what an employee was paid, at least in the corporate picture.

 

I usually tried to give an honest effort for a day’s pay, I say “usually” because I had bad days the same as anybody else. I believe that the vast majority of workers, no matter the color, the education, or the background attempts to give his best effort while at his job.

 

However things have changed over the past thirty to forty years and for the worker, not for the better. Union’s authority and power in the work-place has been waning over the past several decades to where it’s now just a shadow of its former prominence. Early in the union movement in the United States, pay, job security or the length of the work-week was not the issue, workplace safety was the biggest complaint, and was a paramount issue for several years after the Wagner-Act which gave employees the right to collectively bargain.

 

The act, also known as the National Labor Relations Act of 1935 was by far the single biggest governmental intrusion into the private work area in the first half of the 20th century. It was also fought hammer and tong for close to three years by corporate America before the act finally became the law of the land.

 

The effects of that act can still be felt in today’s workplace, but it’s under attack from almost all sides. And the worst part of the situation is the fact that organized labor and their membership have not seen, in time, that bargaining for personal days, sick days, paid holidays, and astronomical pensions, health insurance, and other union benefits could only be supported for so long by not only the private sector, but the public sector as well.

 

Part of the problem today can be traced right back to the solution that initially helped labor, and brought to light how shabbily some industries actually treated their employees…..and some of those employees were as young as 5 years old, early in the 20th century.

 

It has never been the job of the corporate world to create new jobs for the people that they were making products for. With little exception, creating jobs was somebody else’s responsibility and worry. It is a kind of strange and antiquated way to look at the situation (paying substandard wages to workers, and then expecting them to purchase what they’ve just produced). But that is really the way that corporate America looks at the wage issue, today as they did back then!

 

SO I DON’T GET TOO EXCITED

These business leaders, the Koch brothers, Bill Gates, Warren Buffett have been fooling around with people’s wages for as long as they’ve been alive. I’m sure some of them played childhood games with an emphasis on fleecing the working class out of a decent wage for his job. How could it be any other way, seven of the top richest people on the face of the planet reside in the United States.

 

I suppose you could say that it’s not their fault, it’s in the water, or that they’ve been practicing inbreeding for a few generations. Whatever the reason, like one economist put it…..”we are in a pickle.”

 

I’m a baseball fan, and I read the other day the average big league baseball player’s salary had hit $4,000,000. Wow there’s lots of ball players who are making $10, $12, or $15,000,000 a year because there’s still some players who are making the minimum Major League salary of $500,000. Sadly these guys are in the same boat as the average union worker was years ago, you ask for the moon, and pretty quick the moon’s too far off to visit.

 

I have yet to read about a baseball owner offering a player $30, 40, or $50,000,000 a year, but I also read about that same owner who capitulates to a players agent who says that his “agent is worth $4 or $5,000,000 a year, and the owner pays that kind of money.” Now I ask you, who’s at fault here, the player and agent for asking, or the owner paying…..in my view their both at fault.

 

These people bear watching, these private and secretive outfits that eventually mold the future in a way that is financially advantageous to their kid’s kids. It’s how they operate, to them it’s simply a board game kind of like Monopoly, and everybody knows how that game came out…..the person with the most money always won.

 

HAVE A NICE DAY!

 

No comments:

Post a Comment