Who Still Doubts that both of the duopoly political
parties in USA are not equally controlled by the same foreign and/or megalithic
Big 15 Lobbies?
Financial regulatory measures –never truly put into practice -- were commonplace avoidance procedures on Wall Street under Obama’s two terms. It was just lip service. Go to any serious newspaper, New York Times, or another paper of record, and it is easy to find hundreds of articles which examine from 2008 to today, how nothing was really done -- excepting some CNN and other corporate TV news networks praising to high heavens the insincere words of the "reformers," on the heels of Crash of 2008.
Republicans by their very nature are rarely allowed to talk in a way openly discrediting and naming a large corporation or bank charging, it with bad acts, and get reelected. So you get the pink & purple prose from the only other party, Democrats, owned by the very same lobbies and elite powers that control the Republicans, having nothing to do whatsoever with the representative needs of the People.
Today one can still buy and sell toxic CDs and black magic derivatives (debt transformed into fraudulent negative value "assets") in even greater amounts still today than ever before, and nobody's hands in finance will be slapped or cut off. Maybe some politicians made histrionic theater to appear "strenuously working to deregulate". But in real practice and real effects, “same ole same ole,” you might say.
If you want to single out Democrats for doing something really good -- on the same level which use to be for Labor and Workers and civil rights in the 50s to 80s --in the Democratic Party, today the party has devolved into mostly elevating transgender and LGBT and illegal immigrants matters, to Olympian heights, as if such identity politics applies to all of us equally and brings cohesion and relief to American people, in their struggle for jobs and health and freedom from one-click surveillance; nor does the Democratic party any longer represent a voice to speak for them when up against infallible law enforcement authorities, who can justify just about anything they want to do against you, in these times.
Did you know that for the last 20 years when wide open illegal immigration became a powerful social engineering tool for the elite 1%, neither Republican nor Democrat congresspersons have since, changed the laws to catch up with the times, which define and disallow illegal immigration. Why are they so remiss to not adjust the laws to the current actions of the courts and law enforcers? For nearly two decades, the same laws which had long been on the books of the nation, making illegal immigration illegal, all those laws still just sit and exist on our law books, making a mockery of our current practices.
If immigration nowadays is in most cases never to be illegal, why the chicanery and cowardice to not rewrite the laws? If illegal immigration is still by law illegal, how are we to respond to other "illegal" acts? Can we just litter when we are running out of time to find a trash bin? Punch a car salesman in the face for selling someone a lemon and when they take it back, the salesman of course could not give a crap, so one can just bust him in the teeth, saying “it is illegal to punch him same as immigrants with no legal residency are “illegal”, so who’s to stop me from knocking out this parasites teeth”?
Very odd however, how quickly it is becoming illegal by law to criticize Israel, a land which has forcefully been championing apartheid and in defiance of UN laws now, for at least 4 decades. If a person does not endorse or support Republicans in any way, nor feel any particular empathy for any of them in office, hey, that does not in and of itself make Democrats acceptable, just because they are the only opposition to Republicans. In all other respects, the people of the United States really don't have any political tools, except being a member of one party and loathing the other. A kind of paralysis and death that's time must surely be running out.
Shouldn't Americans be revolting against job losses and their sleeping annual economic growth rate, with their money being bled out by the Fed Reserve for the luxury of international banksters, same as in France with their central bank, yet about a hundred French cities this week revolted against Emmanuel Macron's Rothschild backed union-busting new laws being bullied through French Parliament, along with Temp Agency laws also taking hold soon, making it French EZ and 1-2-3 simple to throw out long term French workers with pensions and good wages, and replacing them with temps from global temp agencies. Americans are too polarized by us versus them identify politics issues, to take similar action against household economic dislocation and federal financial fraud, at the highest levels of government. They need to get their opposition together today, before it is too late tomorrow.
read the ADRIAN REPORT on Illegal Immigration before you lose your job! ... click here ASAP!!!
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ENRON PROTECTION LAW"
"Congress Approves Law Banning Class Action Suits and we are further Beaten by the Washington Administration?
Feb. 17, 2005
Top Stories - AP
By JESSE J. HOLLAND, Associated Press Writer
WASHINGTON - Congress on Thursday passed legislation that would transfer most large, multistate class action lawsuits to federal court, fulfilling one of President Bush's
The aim of the bill was to protect businesses and stop lawyers from reaping huge profits by filing suits in carefully selected state courts.
The legislation, given final congressional approval by the House on a
After the bill becomes law, cases against corporations and businesses accused of wrongdoing against large groups of people will be heard by federal judges. Critics have said these jurists are not as amenable as are their state counterparts to these cases, which often involve millions of dollars.
1
The Senate passed the bill Feb. 10. Bush is expected to sign the bill into law on Friday.
Bush and other Republicans have been pushing for changes in the legal system for years. They argue that greedy lawyers have taken advantage of the state class action lawsuit system by filing frivolous lawsuits in certain state courts where they know they can win big dollar verdicts. Meanwhile, those lawyers' clients get only small sums or coupons giving them discounts for the products of the company they just sued, lawmakers said.
"Frivolous lawsuits are clogging America's judicial system, endangering America's small businesses, jeopardizing jobs and driving up prices for consumers," said House Majority Whip Roy Blunt,
Moving those cases to federal court will ensure that state judges will no longer "routinely approve settlements in which the lawyers receive large fees and the class members receive virtually nothing," he added.
Companies in response have had to cut back on their activities to defend those lawsuits, and have had to raise prices on products to recoup their costs, Republicans said.
"These
Democrats argued that the main goal of Republicans was to hurt trial lawyers who donate heavily to the Democratic Party and to help big business escape
They tried to scuttle the legislation by offering an amendment rewriting the bill and trying to force it back to committee, but Republicans voted those efforts down.
The legislation is "a payback to big business at the expense of consumers," House Democratic leader Nancy Pelosi of California said.
Federal courts are expected to allow fewer large class action lawsuits to go forward, which Democrats say means more businesses will get away with wrongdoing and fewer ordinary people will be protected.
During the latter half of the 1990s the unemployment rate in the United States reached a 30 year high,
but when added since 2000 to the major influx of former welfare recipients who entered the part time minimum wage labor market and found nothing, and employers in the high tech sector who demanded criminally much lower wages from immigrants [legal?] to import skilled labor in order to meet their CEO's bottom line needs, it jumped up even higher to maybe
The time thus seemed ripe to anybody with half a brain for INCREASED job training in the United States, yet in spite of increasing cuts to education and training over the last twenty years and the request for high skill needs, the U.S. invested abysmally less in
2
WHAT TO DO ABOUT OUTSOURCING????
WHAT TO DO ABOUT OUTSOURCING????
NATSS TEMP AGENCY LOBBYIST [below]
click on this fly faced lobbyist to read the full story....
TEMP AGENCY and OUTSOURCING VIOLATIONS and ABUSES,
HERE ARE TWO VERY INTERESTING CASES QUOTED BELOW:
USCIS Announces that the 20,000 additional
Will not be limited to individuals holding a master's or higher degree from a U.S. university, but instead will be applied to all qualified
3
upon approval of the petition rather than wait until October 1, 2005 for FY 2006
USCIS Proposes Major Changes to Simplify
U.S. Citizenship and Immigration Services (USCIS) is proposing a new rule to significantly alter the
"Union Intensifies Campaign against TEMPS Supplier, LABOR READY TEMPS"
[excerpted]
"[...] Terry O'Sullivan, the president of the
While union ranks have been stagnating, TEMPORARY WORK has been growing by leaps and bounds ...
revenue from the TEMPORARY WORKER INDUSTRY is expected to reach $140 million this year ... with 90 percent of American companies now using temporary workers.
The union campaign has had a limited effect on LABOR READY.
[...] The company is now rebuilding its sales force. In July, the founder and chief executive, Glenn Welstad, was forced to resign after the board accused him of taking an unauthorized loan of $3.5 million to cover a margin call on his LABOR READY stock ... LABOR READY says it is the top provider of manual laborers for temporary tasks, but it remains a NICHE PLAYER with revenue only now approaching $ ONE BILLION
DOLLARS.
[...] Union officials said their members were paid $15 an hour plus benefits.
[...] LABOR READY ... last year paid workers and average of $6.94 an hour ... but makes NO PROVISION for current health care and has NO PENSION FUND.
The
Hot off the NEW YORK TIMES presses!
from a story by DAVID LEONHARDT
OVER 30 MILLION "FREELANCERS" in the US Today!
[summary of the article]
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"Self Employment Will Grow in the Coming Years"
WHY??
*Before WWII, America had many many more independent farmers
*All the widespread layoffs among white collar workers in the late 80s and early 90s
*More than 30 million Americans now call themselves "freelancers" [rather than temps], or
MAIN DRAWBACK: HealthCare costs have grown faster and higher for
Here are some highly recommended sites:
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B.Traven & His Circle of Friends
This dove is one of the very few to get away from its forest of OUTSOURCING and temp agency slavery
6
7
Friday November 11, 2005 2:37 AM
USA Wants to Have ALL ARMS & WEAPONS DEALS WITH CHINA for Themselves:
German drive to lift China arms ban fades, Hu visits
BERLIN, Nov 10 (Reuters) - Germany's new government will drop outgoing Chancellor Gerhard Schroeder's push for an end to an EU arms embargo on China, a conservative foreign policy leader said as China's president began a three day visit.
Before Chinese President Hu Jintao arrived on Thursday, Christian Democrat Friedbert Pflueger told Reuters the new "grand coalition" government being formed would distance itself from the previous administration's position.
"The issue is not on the agenda," said Pflueger, a CDU foreign policy expert in parliament and close ally of designated chancellor Angela Merkel, who is trying to form a coalition with Schroeder's Social Democrats (SPD).
"We want good relations and we're delighted by the Chinese president's visit to Germany. For the new government the arms embargo issue is not on the agenda. Any change would require close coordination with our EU and North Atlantic partners."
Hu is scheduled to hold separate meetings with Merkel and Schroeder on Friday before a news conference at 1230 GMT.
Schroeder, who will soon be an ordinary member of parliament for the SPD, was a keen advocate of lifting the
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EU arms embargo on China
A regular visitor to China, Schroeder helped open doors for German industry with six trips in seven years in office, helping make China Germany's biggest trading partner in Asia.
However, Schroeder's push to lift the EU arms embargo on China had caused tension in his
The German government's commissioner Tom Koenigs, a member of the Greens party, also spoke out against lifting the weapons embargo, saying there had been no improvement in human rights.
"It would be the wrong signal if the embargo were relaxed or lifted, even if that would not actually make much of a difference," Koenigs told German radio on Thursday.
About 500 demonstrators marched through Berlin on Thursday to protest Chinese policy on Tibet, Taiwan and human rights.
"We do not feel it is right that the Chinese president should be received and lauded," said Dechen Pemba, 27, whose parents fled Tibet. "It's ridiculous that trade issues are taking precedent over oppression and torture."
She was part of a group of Tibetan activists in front of Berlin's landmark Brandenburg Gate. They carried banners reading "Freedom for Tibet" and "Hu Jintao
RELIC
The EU had planned to end the embargo in June, but pressure from Washington and China's hardline policy towards Taiwan dashed prospects of such a move in the foreseeable future.
Schroeder and French President Jacques Chirac had argued the ban was a relic from the Cold War.
But critics argue China has not done enough on human rights to justify ending the embargo. The U.S. Congress had also threatened to retaliate by freezing European countries out of military technology sharing if the ban were lifted.
Pflueger, a leading candidate to take a
"An improvement in human rights and a relaxation of tensions in the Taiwan question are the vital pre- conditions," he said.
Hu was in Britain on Wednesday and was scheduled to spend three days in Germany, holding meetings with leaders and signing business deals, before travelling to Spain and South Korea.
German engineering conglomerate Siemens said on Thursday it would sign a contract to supply 60
(Additional reporting by Sarah Marsh)
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TEMP AGENCY SLAVERY IN OUR FACES
TEMP SLAVES BY THE TENS OF MILLIONS PREPARE TO GO SUPERNOVA AND IMPLODE THE
"ECONOMIC SLOWDOWN & Stagnation"
by Louis Uchitelle
[Excerpted from a recent New York Times feature story]
"[...] "We are in an economic slowdown," said Mickey Levy, chief economist at Bank of America. "Employers are clearly holding back on hiring and adding hours much more slowly for those on their payrolls."
... [in] August, 91,000 jobs disappeared ... the federal payroll ... has shrunk by 320,000.
[...]
[...] The Federal Reserve has argued that the nation is in danger of an inflationary spiral[.]
[...] The average hourly pay of production workers
... has risen a mild 3.6 percent.
[...] Manufacturers [typically big users of oil and gas] reduced their payrolls by 66,000 people, after cutting 117,000 jobs in August.
[...] The strong dollar and weak euro dollar have hurt exports ... and [U.S.] companies have therefore cut production and laid off workers[.]
[...] Temporary agencies led in job creation ... but the growth ... had to do with abnormal seasonal variations[.]
[...] Retailers ... have failed to expand payrolls ... a stagnation that some experts attribute to ... rising interest rates.
"They see that if they are going to have to spend more on gas and heating fuel, they are going to spend less on other things [...]," said Richard Curtin, chief of the University of Michigan's consumer surveys.
NOVEMBER 2000
The number of TEMP JOBS in the U.S.A rose 577% from 1982 to 1998: Overall Employment grew by a whopping 47% !!
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[excerpted from a recent WASHINGTON POST article written by Frank Swoboda]
"[...] the Nation's employers increasingly rely on temporary staff to trim costs and gain flexibility. Temps, contractors and consultants who are not attached to a company's core work force make up as much as 25 percent of the nation's employment base by some estimates, or nearly 35 million workers.
The number of temporary jobs in the United States rose 577% from 1982 to 1998, according to the General Accounting Office, while overall employment grew 47 percent. MANPOWER Inc., a temp agency, is now the
NATION'S LARGEST EMPLOYER.
[...] contingent workers ... have often been "relegated to
[...] Some unions already were planning ... to boost its organizing in hospitals that often hire temporary nurses on a
[...] Challenges to the widespread use of temporary workers have also landed in court in recent years. In one of the more celebrated cases, thousands of current and former independent contractors and temporary workers sued MICROSOFT CORP., essentially claiming that they deserved the same rights as permanent employees. They won in a US Appeals Court, but the U.S. SUPREME Court DECLINED to review the case.
[...] David Larson, who has worked on and off as a Microsoft temp for six years, said he is not sure the younger temp workers realize how important unionizing could be but he hopes they soon will. "The younger you are, the less you thing about things like retirement," said Larson, 44. "Once [the younger temps] start thinking about this, they'll think, "Gee, I'm coming up short here."
from recent AP Wire releases!!
from the NEW YORK DAILY NEWS
"[...] 5,400 jobs have been cut since December 1999 at US companies that sell goods and services over the
INTERNET.
[...] the cuts came from 59 companies, almost a third of which have gone OUT OF BUSINESS ... just this month 1,263 jobs have been ELIMINATED at 17 Internet businesses.
[...] Amazon.com ... laid off 150 workers in January. Other companies that have laid off workers ... AltaVista ...
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and a healthcare company founded by ... Everett Koop."
Watch out for
RANDSTADT
from "The Economist", a London magazine
TEMP SLAVERY revvs up to HIGH GEAR in the new EU!!
[excerpted from ECONOMIST]
"[...] most of the net jobs created between 1994 and 1998 in the EURO area were of either a
[...] TEMPORARY WORK often suits EMPLOYERS, who can hire and fire readily, more than it does their employees, for whom it offers little security.
[...] unburdened by regulation [regarding
HARD TIMES ARE GONNA FALL
++++++++++++++++++++++++++++++++++++
OLSTEN TEMP SERVICES DRAINED OFF MILLIONS
from the New York Times
[excerpts]
by Milt Freudenheim
"Olsten to Pay $61 Million in MEDICARE Billing Case"
" The OLSTEN Corporation, a big provider of HOME HEALTH CARE and TEMPORARY Office Workers, said yesterday that it would pay $61 million, including $10 million in fines and penalties, to settle Federal investigations into MEDICARE billing practices.
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[...] By agreeing to the GUILTY PLEA, OSLTEN based in Melville, NY, may be preparing to divest itself of Kimberly to keep the MEDICARE business of the parent company.
[...] Retaining the right to serve patients under Medicare and Medicaid, the Government health programs, is essential for hospital and home health care companies."
++++
UNISYS UNISYS !!!
click here for class action lawsuit against UNISYS for SEC fraud
UNISYS also in a class action suit brought by angry engineers who were laid off by the hundreds and hundreds a few years ago for reaching the age of 35!!!
UNISYS defended in court by Epstein Becker & Green
In Rodolico v. Unisys Corp., CV
"PENSION FUND AGENCY [PBGC] IS BEING SCRUTINIZED"
from the Sunday New York Times
by David Cay Johnston
"Costs and Safeguards Are at Issue After Lawsuit and Internal Audit"
[excerpted from the original]
"A
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How well that agency operates is now being questioned in a series of audits by the Agency's Inspector General, which are to be made public this week, and by a lawsuit charging that one of the pension agency's contractors [OFFICE SPECIALISTS Temporary Employment agency] DEFRAUDED it.
[...] Two Republican Senators ... said that hearings would be held by SEPTEMBER to investigate how well the Agency is run and why ... half of the 472,000 people covered by failed pension plans [due to their employers having conveniently filed bankruptcy] ... have not been told how much they are due [.].
[...] The audits, the lawsuit and the hearings come as Congressional Republicans are gearing up for a battle to pass major changes in the
Employee Retirement Income Security Act [ERISA]
that have long been sought by major corporations and business owners.
[...] the Pension Agency, which received five awards from Vice President Al Gore for improving efficiency and customer service, had reduced the backlog of people waiting to hear how much they are due [.].
Our Unemployment Figures are a Hoax!
A temp agency hires minimum wage lackies to phone "Leave it to Beaver" households and ask if they "are employed" via a small telephone home survey!
By Reuters
U.S. payrolls outside the farm sector fell by 43,000 in September, in contrast to the 5,000 gain private economists had predicted, the Labor Department said.
Although economic forecasters look to both the payrolls series and the unemployment rate as gauges of the job market and the overall economy, many put more weight on the signals offered by the payrolls survey.
``They are two different surveys. They measure two different things,'' BLS economist Howard Hayghe told Reuters.
"... any time you have payrolls falling, you're taking much needed wind out of the sails of the economic recovery," Yamarone said.
The payrolls data are based on a survey of real employers, while a commercial small poll of households is used to calculate the U.S. official unemployment rate!
BLS's Hayghe said that among other differences in the two surveys, the small commercial household survey includes
"This time of year the official telephone based household unemployment data are more subject to inaccurate seasonal swings," he said.
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***
While European countries have maintained huge
But the current downturn is beginning to expose an uncomfortable truth: the American economy looks more like Europe's than most people ever imagined during the 1990's.
Millions of people, particularly men, dropped out of the labor force over the last decade, apparently unable to find work that pays near what they once earned in the
In the last two years, the official jobless rate has risen and an additional three million people appear to have dropped out of the labor force. Today, the real level of unemployment for men probably approaches the level of the
Robert H. Topel, an economist at the University of Chicago and author of the most detailed recent study of the changes, says: "Employment opportunities for the less skilled are not what they used to be, so people just leave the labor force."
To pay their monthly bills, many of these missing workers have turned to disability insurance, a government program under Social Security that has become the centerpiece of the new American state. Since 1990, the number of people receiving disability pay has nearly doubled, to 5.4 million, and the government now spends far more on the program than it does for food stamps or unemployment insurance.
People who once may have worked through injuries or chronic pain, particularly those without a college education, are increasingly making a choice economic planners did not foresee. They have decided a government benefit, in the form of the roughly $800 in average monthly disability pay, is more attractive than any job.
They make up the biggest group that has left the labor force and help depress the unemployment rate.
The growth of the prison population ? to about 2 million today, up from 1.1 million in 1990 and 500,000 in 1980 ? has made another large group of people dependent on the government. [these prisoners and parolees are considered "employed" by our Labor Department].
Other
Some of the biggest beneficiaries [of the 1990s
But even the economy of the late 90's failed to reverse the gradual overall increase in the number of men dropping out of the labor force. It also could not halt the
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Many of these workers have now been out of the job market for long enough that they may never come back. If they do, they are almost certain to make much less than they once did, economists say.
"People used to drift in and out of the labor force," said Mr. Topel, whose
A clear sign of the labor market's quiet troubles has long been evident, though its significance was obscured by the falsified "official" jobless rate. While unemployment was supposedly falling over the last 20 years, the median hourly wage has grown only about 6 percent, after adjusting for inflation, according to the Labor Department.
Reflecting workers' meager bargaining power, the Census Bureau said last week that income for the typical household had fallen in 2001 for the second consecutive year. The poverty rate rose.
With scant reason to think that the economy will grow rapidly in the next couple of years, the labor market's woes present a serious challenge for government.
The country can cut benefits at a time when joblessness is rising and leave relatively unskilled workers to fend for themselves. Or it can maintain and expand a safety net that is already larger than many people had thought, possibly giving more discouraged workers reason to depend on a government check.
LAST week, a mostly Democratic group of senators introduced a bill that would extend unemployment benefits to the same length as in the recession of the early 90's. As for the disability program, even without any legislative changes its costs will rise 15 percent to $69 billion this year, according to the Social Security Administration. Containing those costs would require cracking down on people with bad backs or
The country now faces a series of difficult decisions balancing the ideals of a free market with those of a humane economic policy. Only a few years ago, compromises did not seem necessary.
[...] One employee of the Agency, who calls himself Jim Dough, to avoid any RETRIBUTION, has filed a LAWSUIT on behalf of the Agency against one of its biggest Contractors,
OFFICE SPECIALISTS, of Peabody, Mass.
[...] The Dough lawsuit, unsealed on March 18 by a Federal District Court judge in Baltimore, says that a senior Pension Agency official, Bennie L. Hagans Jr., steered business to OFFICE SPECIALISTS, which received a number of contracts WITHOUT competitive bidding, and ordered PAYMENTS [to the temp agency] to be
EXPEDITED.
The suit also asserts that Mr. Hagans improperly intervened when Myrna Cooks, the Office Specialists' liaison to the Pension Agency, quit to form her own company and was sued by Office Specialists for violating her employment contract. Mr. Hagans, the lawsuit asserts, "threatened Office Specialists" with a loss of business from the pension agency unless it dropped its suit against Mrs. Cooks and let her assume an Office Specialists' contract valued at $13.5 million. Office Specialists then settled with Mrs. Cooks, whose business, operated out of her home, was awarded the contract.
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WE SALUTE the efforts of BARRIE PETERSON, Director of the Bergen County Employment Action Project, the
Congrats also to Charles Taylor of the South Carolina Alliance, who is working as hard as Barrie Peterson, and the People of San Jose, California, who are also making sure the
AMERICAN STAFFING ASSOCIATION,
, a $60 billion a year lobby group in DC, receives plenty of NEGATIVE ATTENTION!!
We have nothing but CONTEMPT for radio station
WNYC,
an NPR corporate controlled mouthpiece for WALL STREET values. Feb. 4th, 2000, they let EDWARD LANGE, of the American Staffing Association, mouth off ZILLIONS of lies, without correcting him, or allowing
Paid Corporate Stooges EXCAVATING Your Personal & Confidential VIRTUAL
RECORDS!
PRIVACY VIOLATIONS FOR PROFIT;
CHASE MANHATTAN BANK
January 26, 2000
Chase Manhattan Bank cut a deal with an unnamed Denver Internet company to share their CREDIT CARD FILES and HOME MORTGAGE clients files on more than 18 million of their customers for a 24% COMMISSION on all sales made to these 18 million VIOLATED credit card holders and home mortgage customers by the undisclosed Denver internet company.
Pharmaceutical records are also being shared across the nation at an alarming rate. U.S. Citizens have vitually NO LEGAL RECOURSE to sustain even a modicum of privacy pertaining to their confidential electronic files since Congress REPEALED last year a
All EUROPEAN nation's to date have
INTRUSION.
U.S. Federal Government officials have completely stepped back from protecting U.S. citizens. There is currently only a FEEBLE PATCHWORK of Privacy Laws in any way protecting Americans from total loss of
17
privacy over their personal and confidential records.
Jim Finn, spokesman for Chase Manhattan, says that this kind of snafu "... does make it easier for customers to understand their rights ... [and] gives the customer, in the end, more CHOICE."
from the "Chain Store Age" trade magazine
TOYS 'R' US
by Dept. of Labor for CHILD LABOR VIOLATIONS
[excerpted from an article written by Washington DC correspondent Ken Rankin]
"WASHINGTON OUTLOOK, 2000"
"[...] The debate over the national minimum wage and the Clinton administration's plans for raising it to $6.15 per hour, will resume early in the 2000 Congressional session as supporters of the proposal appear confident that they have enough votes to push it through this year. Retail industry lobbyists and other opponents of a rising pay floor are resigned to the prospect that some
[...] In what may be the first in a new wave of such actions, the Labor Department's Wage and Hour Division accused TOYS R US of a series of federal
[...] An even more heated controversy figures to flare up over the next few months involving the taxation of electronic commerce. Although Congress imposed a
[...] There will also be opportunities for the industry to support legislative corrections in laws that have proved troublesome for retailers in the past. During the coming year, for example, Congress will be debating a newly introduced LEGAL EMPLOYMENT AUTHENTICATION PROGRAM (LEAP) ACT, designed to make it easier for retailers and other employers to verify the immigration status of newly hired workers."
"THE NEW YORK TIMES"
"TOYS 'R' US HIRES F.A.O. CHIEF, HOPING TO COAX BACK CUSTOMERS"
by Dana Canedy
"[...] the appointment of John Eyler, FAOs chairman and chief executive, comes at a critical time for Toys "R" Us. The company, which has been operating without a permanent chief executive since August [SEE STORY
18
ABOVE from "Chain Store Age"], had a dismal Christmas despite Pokemon madness."
CONGRESS'S MINIMUM WAGE PLAN
[excerpted from USA TODAY, by Owen Ullmann]
"[...] The Senate
An increase would benefit 4.4 million workers who earn the current minimum wage of $5.15 an hour and another 7 million making SLIGHTLY more, who also would get a raise.
Sen. Edward Kennedy,
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click here MICROSOFT uss temps to avoid shelling out PROFITS!!!
[...] Jesse P. Schaudies, General Counsel for RANDSTAD North America, a subsidiary of the DUTCH company that owns OFFICE SPECIALISTS, said "we have no basis for believing there was anything improper" in its dealing with the Pension Agency."
Editor's Note: Randstad also owns now ACCUSTAFF, so watch your BIG BROTHER's Ass ... cause Office Specialists, Accustaff, and hordes of other temp megaliths are all under ONE Monolith now!!!
CLICK HERE TO GO TO 2nd of THREE part series
NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS
NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS NATSS
Free counters provided by Honesty.com.
American capitalism was stunned by yet another catastrophe on June 26 when MCI WorldCom, the nation's second largest
The humbled behemoth, whose stock is now virtually worthless, admits that $3.8 billion in funds it did not have
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were added to its cash flow account.
As with Enron, and again with the assistance of Arthur Anderson's accounting firm, a massive minus was turned into a
Even before the "accounting error" was "discovered," MCI WorldCom knew the jig was up. It was the subject of a federal accounting investigation; it was hard pressed to refinance its $30 billion debt, and its credit rating was reduced to junk bond status.
To stem the tide and reverse its declining stock price (from $62 in 1999 to 26 cents per share today), the crippled corporation, now on the verge of bankruptcy, reported profits of $1.4 billion last year and first quarter profits of $130 million in 2002. WorldCom now admits it lost money in both periods but has declined to state precise figures.
WorldCom executives announced that 17,000 additional workers would be fired, as they tried to salvage the company's remaining capital for the
The scope of the WorldCom disaster has frightened even the most conservative of observers. WorldCom's value in June 1999 was listed at $115.3 billion. It is now worth less than $1 billion.
WorldCom is not alone in the world of major corporate fraud and failure. The nation's sixth largest cable television operator, Adelphia Communications, virtually simultaneously joined the parade of major multi-
DOWN WITH ADELPHIA
ADELPHIA's problems began when it was revealed that it had loaned at undisclosed terms at least $3.1 billion to the company's major shareholders, the Rigas family.
Meanwhile, the Xerox Corporation admitted it had "misstated" its earnings for previous
Even homemaking expert Martha Stewart, head of a company with billions of dollars in assets, was embroiled in scandal for "insider"
MCI WORLDCOM follows in the footsteps of other bankrupt corporations, like ENRON and GLOBAL CROSSING, whose top executives resorted to every means necessary, including fraud and theft, to compete in the ruthless capitalist market place, where profit and profit rates are under tremendous pressure.
21
Profit, under capitalism, is a product of the exploitation of workers. But the absolute necessity of introducing
How to smash Global Crossing, a cover for corrupt Pentagon military brass who play the market with YOUR tax dollars!!
http://www.erisafraud.com/global_crossing/
This website provides information and updates regarding Jagdeo Ramkissoon, et al. v. Gary Winnick, et
al. This class action was filed on behalf of all persons who were participants in or beneficiaries of the Global Crossing Ltd. Employees' Retirement Savings Plan, from September 28, 1999 to the present (the "Class Period"). The Complaint was filed in federal court in the Central District of California, Western Division.
The Complaint alleges that during the Class Period the defendants breached their fiduciary duties when executives officers of Global Crossing were made aware of numerous practices that made Global
Crossing stock an inappropriate Plan investment during the Class Period. The fiduciaries failed in their duty to disclose and inform the 401(k) participants regarding this information. Instead they encouraged participants and beneficiaries of the Plan to continue to make and maintain substantial investments in the Company Stock Funds in the Plan.
This case was filed against the following administrators and directors of the Plan and the directors and/or officers of Global Crossing: Gary Winnick, Dan J. Cohrs, Thomas J. Casey, David A. Walsh, Joseph P. Clayton, Lodwrick M. Cook, Mark Attanasio, Norman Brownstein, William S. Cohen, William E. Conway, Jr., Eric Hippeau, Geoffrey J.W. Kent, Maria Elena Lagomasino, John L. Comparin, Bill Norris, K.P. Schirmuhly, Steven J. Green, Barra Rogers Casey. In addition, Plaintiffs have sued the individual members of the Company's Employee Benefits Committee during the Class Period and the individual members of the Company's Board of Directors who participated in the Plan's investment policies during the Class Period, whose identities are currently unknown.
Case Status:
Consolidated Amended Master Class Action Complaint of ERISA [Plaintiffs] 01/27/03 (247k, PDF)
Transfer Order re: Global Crossing Ltd. Securities & "ERISA" Litigation (126k, PDF)
The law firm of Keller Rohrback LLP, headquartered in Seattle with an affiliated office in Phoenix, maintains this website to keep class members informed and up to date regarding the proceedings in the Global Crossing ERISA litigation. Keller Rohrback handles complex litigation and class actions such as ERISA 401(k) litigation. Keller Rohrback and its
Enron, WorldCom, Providian, Williams Companies, Xerox, CMS Energy, BellSouth, CIGNA Corp., Dynegy, Electronic Data Systems [Ross Perot], HealthSouth, Household International
and Lucent Technologies. Additionally, Keller Rohrback is involved in 401(k) litigation with respect to the following companies: Conseco, Fujitsu and Tyco.
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02+CONGRESSWOMAN+SLAUGHTER+CALLS+FOR+CONGRESSIONAL+INVESTIGATION+OF+GL
Rochester, NY
In the wake of the Enron scandal, we have the responsibility to investigate allegations of similar practices by other companies,? said Slaughter. ?Retirees and current employees need to be assured that the company followed the letter of the law as global crossing reorganizes.?
Congresswoman Slaughter called for the Congressional investigation after reviewing published reports of Global Crossing?s bankruptcy filing, and hearing from current employees and retirees of Frontier and Global Crossing. In her letter to the Chairman of a House Finance Subcommittee, Slaughter raises concerns regarding the company?s 401(k) plan, and the employees ability to sell company stock in their retirement plans. In a similar letter to the Chairman of the House Education and Workforce Committee, Congresswoman Slaughter asks the committee to investigate whether the handling of Global Crossing?s pension plan is consistent with the Employee Retirement Income Security Act of 1974 (ERISA). ERISA is the federal law that governs private pension plans.
Congress needs to investigate companies like Global Crossing to determine if there are changes that need to be made to either federal law or regulations, said Slaughter.
IMMIGRATION ADVICE FROM THE NY DAILY NEWS: [Allan Wernick]
Q: Can I get
A: You can form a company and your company can petition for
In
Because U.S. law considers a corporation and its owner to be separate entities, a corporation can sponsor its owner for
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SPECIAL VISAS a boost to Silicon Alley
New York Daily News; New York, N.Y.; Oct 4, 2000;
RACHEL SCHEIER and JUDITH SCHOOLMAN DAILY NEWS
BUSINESS WRITERS;
Words in Document: 514
Abstract:
Companies typically pay transportation from the home country, visa fees and temporary housing allowances. "It's $10,000 or more to bring one person to the U.S.," said [Shailesh Gala], who's also president of the Immigration Support Network, an organization with more than 17,000 members.
According to the most recent figures from the Immigration and Naturalization Service, such major
firms as Motorola, Oracle, ...
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U.S. Unemployment Rate Reaches 20%
"Layoffs increased more sharply in New York than in any other state in September 2002, according to new data from the federal Bureau of Labor Statistics. The number of New Yorkers left jobless by layoffs of 50 or more workers rose by 5,035 compared with the same month last year. In all 11,213 New Yorkers lost their jobs in September because of large massive layoffs. The state was the
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