Category Archives: minimum wage
The Blouses That Destroy Economies: The Insane Quest for Cheap Labor
So this is the end game of capitalism—the pool of cheap labor being drained by an insane quest for profit at the expense of people. Retailers like Walmart realize that their customer base has no money to spend because America … Continue reading
Posted in Crap-italism, minimum wage, Rentier, Wage slavery
Tagged Africa, Asia, capitalism, capitalism without capital, China, Ethiopia, inflation, J.C. Penney, Kenya, Levi Strauss, offshoring, PVH, VF, wages, Wall Street Journal, Walmart, William S. Simon
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STRIKE! WALMART OVERDUE FOR A COMEUPPANCE
I posted the above meme on Facebook, which elicited the following response from a dear and longtime friend (in the physical world) of mine: Dumb bullshit. Walmart workers are responsible for themselves. It is their own decisions that put them … Continue reading
Posted in California, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Financialization, freedom, minimum wage, Price-fixing, Redistribution, Wage slavery, Wages
Tagged Container Store, CVS, education, Facebook, food assistance, food pantry, Gerald Celente, military, mom and pop, pilots, poverty, skill, strike, student debt, student loans, wages, Walgeens, working poor
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PROFITS VS. OBSCENITY: MCDONALD’S EDITION
So I posted this meme on my FB page today: I made the following comment on the post: “And this is what it all comes down to–there’s profit, and then there’s obscenity. These multinationals want obscenity. We’re saying, ‘No obscenity … Continue reading
MAY DAY 2014: WORKING MEN SHOULD BE PISSED
So it’s International Worker’s Day…to paraphrase D. Boon from the video above, I’ll put it in simple words why working men (and women) are (or should be) pissed… 1. Banks got bailed out by workers while banks continue to prey … Continue reading
Posted in Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, Living Lies, minimum wage, QE unlimited, Redistribution, Rentier, Reverse socialism, Tax, Wage slavery, Wages, Wealth transfer
Tagged D. Boon, food stamps, foreclosure fraud, International Worker's Day, labor, May Day, middle class, Minutemen, money out of thin air, QE, quantitative easing, taxes, The Economist, wages, Washington Post, workers, working poor
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WHY DOES EVERYTHING COST SO MUCH? SCHIFF EXPLAINS
The simple answer is, of course, inflation. The powers that be are trying to convince us that inflation is a good thing, a healthy thing, as Peter Schiff notes here: “It is no accident that the concept of ‘inflation’ has … Continue reading
Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Iran, minimum wage, Price, Price-fixing, QE unlimited, Redistribution, Uncategorized, Wage slavery, Wages, Wealth transfer, ZIRP
Tagged Federal Reserve, fictional money, inflation, Michael Hudson, minimum wage, Peter Schiff, purchasing power, QE, ZIRP
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ANTI-MINIMUM WAGE ARGUMENT DESTROYED
The argument against raising the minimum wage that one encounters quite a bit on social media and forum/blog comments goes something like this: if and when minimum wage is raised, it only makes the cost of goods and services go … Continue reading
Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, minimum wage, Price, Price-fixing
Tagged Chase, Everything Is Rigged, Jamie Dimon, LIBOR, Madoff, McDonald's, minimum wage, Obama, oil prices, raise, social media
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LIBERTY ROAD MEDIA 