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In 1913, Henry Ford wrote the following as the directors had been reaping the rewards of profits - "The wages we pay are too small in comparison with our profits. I think we should raise our minimum pay rate".

Friday, October 22, 2010

Sharing more comments

This article had some comments - one - that I really thought summed up things very nicely :
Oct 22, 2010 1:06pm EDT
Maybe most Americans have long enough memories to recall that it was 100% Republican policies that drove this country into recession, and a Republican plan to hand out hundreds of billions to the banks, insurance, and auto industries. Now they want to disperse the money that we’ve been giving the governement all our lives to safeguard our retirement to the same private companies that trashed our savings and 401Ks.
People are stupid.
davewee














This article has some good ones too.  I'll post more about it later... :

Oct 22, 2010 9:13am EDT
I think every American voter should be forced to read this article before running to the polls and voting Republican, as is predicted will happen. It seems that as voters are seduced by the siren song of “lower taxes and less regulation,” they will vote for precisely the policies that put us all in the fix we’re in.
While the article does not purport to arrive at solutions to our current economic crisis, it does a fine job bringing into focus the picture of the economic landscape just prior to our meltdown.
When I look back to the era that was “the beginning of the end,” I realize that this treacherous economic environment was dredged into shape by Republican saint Ronald Reagan’s “trickle-down economics.”

rowettd
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