Thom Hartmann - Job Creators? Give Me A Break.

[alp227]

Run time: 03:39 https://www.youtube.com/watch?v=C8YmKo5rpG4   Posted on YouTube: August 23, 2011 By YouTube Member: thomhartmann Views on YouTube: 138   Posted on DU: August 24, 2011 By DU Member: alp227 Views on DU: 930

 
Thom Hartmann talks about so called job creators and the dirty little secrets that they don't want you to know.

[truth2power]

1. Something else you all need to know about all this "jobs" thing...

Not only don't the trans-national corporations need American workers, they also don't need American markets .

According to economist Richard Wolff, www.rdwolff.com Pepsi Cola, just as an example, makes more than half their profits outside the US. The interest, by the multi-national corporations, in American society is decreasing. They are not only moving their production outside this country, but their markets, too. Consequently, they don't much care about good roads here in the US, but they need good roads in other countries so their trucks can move their product.

Here's a link to a talk by Prof. Wolff.

http://www.youtube.com/watch?v=-6DLT9MHO4M

The talk is about 2 hours long, and very interesting, IMO. But I know time is limited for most of us. So just drag the marker over to about 1:08, where Wolff discusses corps. moving their markets abroad.

And then go to about 1:38 where he talks about extensive public services, i.e., vacation, child care, child subsidy, and how in Germany a factory can't leave a community without approval from the trade union and the community. If they leave anyway, their property is seized.

Interesting and eye-opening.