Business Roundtable Calls for Worker Aid Plan
An association of big-company chief executives asked Congress to evaluate the $5 billion it spends on assisting displaced workers and to create a new program that would provide incentives for continuing employee education for all workers.
The Business Roundtable created the America21 plan to ease the anxiety workers are facing in an increasingly global market. Unlike many existing programs, it would apply to workers who still are employed as well as those that have lost their jobs.
“This includes a lot of dimensions of things we do today but more importantly a series of things we don’t do today,” said William Green, Accenture CEO and chairman and Roundtable member. “Globalization is here to stay, a competitive workforce is essential… in my mind it’s just a part of the whole plan which really addresses the competitiveness of the whole country.”
The report, Prospering Together: America’s Citizens, Communities and Companies, lobbies for incentives to encourage the private sector to participate. It advocates for a tax-advantaged fund that individuals, employers and the government could contribute to. A worker could use it on anything from continuing skills training to relocation assistance or health insurance if he lost his job. The plan also calls for resource centers that would provide access to labor market trends, education requirements and assistance information.
The logistics of such a plan are undecided but members of the group called on Congress to create a commission to evaluate existing programs and outline the new one.
John Castellani, president of the Business Roundtable, said the goal is to provide “whatever is necessary for that person to move from the job that he/she currently has to a better job.”
Some programs such as the Trade Adjustment Assistance program provide similar benefits to specific workers who have lost jobs. Roundtable members were quick to point out they supported such programs but that a long-term solution was needed to maintain and educated workforce and remain competitive.
“We’re concerned about really the demonization of international trade that is out there,” said Jim Owens, CEO and chairman of Caterpillar Inc. and Roundtable member. “There’s a real danger that the U.S. will turn to isolationist policies that we absolutely know will not work.” –Sara Murray
The Constitution says that the government is supposed to issue and set the value of the money, not a mostly foreign owned central bank (Article 1, Section 8). The Constitution says nothing about a central bank, and gives no permission for such.
Must reading for everyone reading my stuff is the book titled, “The Creature From Jekyll Island.” This book gives details of how the Federal Reserve was founded. As I have said before, it is not “federal,” and has no “reserve.” Among the owner member banks are: Rothschild Bank of London, Warburg Bank of Hamburg, Rothschild Bank of Berlin, Lehman Brothers of New York, Lazard Brothers of Paris, Kuhn Loeb Bank of New York, Israel Moses Seif Banks of Italy, Goldman Sachs of New York, Warburg Bank of Amsterdam, and Chase Manhattan Bank (Citi) of New York. The details are not well known, but it doesn’t really matter, because the whole thing is an outrage of the highest order. Even if it were owned by Americans, it is still a total fraud and rip-off of every single citizen of the United States.
All Congressmen and Senators know about the Fed, as does the President and every single candidate for office in D.C. State legislators might not be familiar with this phenomenon, but they should. Everyone should know, because it harms everyone, causes inflation, high taxes, and is such a drag on everyone, that it should be exposed for what it is. My bank doesn’t borrow money to loan money, because it loans from savings its depositors left for safe keeping, which is the way a bank should run. Now consider a few things:
The national debt is $9 trillion, and long term over $40 trillion. Hundreds of billions of dollars in interest are paid each year to those who loan and create the money. If you look on your dollar bills, you will notice that it says that it is a “Federal Reserve Note,” not a ‘treasury note’ or a bill issued by the federal government, even though United States is printed all over it. The dollar bills are issued by the Federal Reserve, a privately owned bank. Unlike conservative, well run banks, who loan to customers based on funds on deposit, the Federal Reserve, creates money out of thin air. Literally! As Helicopter Ben said in a previous quote, ‘We (Federal Reserve) have the power to create dollars out of thin air, and if necessary can drop them from helicopters.’ If an outfit controls the money, is it fair to say that they are the most powerful entity in America?
Want a opinion by my hero? “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around (the banks) will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” Thomas Jefferson in a letter he wrote to Secretary of the Treasury Albert Gallatin in 1802. There was no central bank then. Before the Federal Reserve, there were two similar ones, which were removed by responsible Presidents.
Ahriman Incarnate
Having consolidated their financial grip on most of the European nations by the middle of the last century, the international bankers worked feverishly to extend their sphere of influence to the ends of the earth in preparation for their final assault on the United States — a nation which, through its unique Constitution, remained free.
The Rothschild 400 Trillion fortune is something that is impossible to boil down to a precise number.
This is because this Illuminati/New World Order/Global Community-pushing family is still shrouded in much secrecy and mystery.
The fact that they fund tyranny, oppression, and war can’t be denied.
Just how much the Rothschilds have in their coffers is mystery.
Some have estimated that the Rothschilds hold as much as half the world’s wealth in their fortune.
Mayer Amschel Rothschild, the founder of the Rothschild fortune made sure his family, its exact goals, and its wealth were shrouded in secrecy when he explained in his will that only the eldest son in each generation would handle and know all the details of family affairs.
Others hired to help manage family holdings have complained over the years that their job is made difficult by the fact that even they are not told all details of the Rothschild Empire.
IDEA OF ROTHSCHILD FORTUNE IGNORED IN MODERN WORLD
In today’s modern world, if anyone has heard of the Rothschilds, the name seems to
evoke images of a past legend. If questioned, it’s our belief that the average person alive today would underestimate the Rothschild fortune and its influence over the modern world.
The average person would know better names such as Rockefeller, Morgan, Carnegie, and Rhodes.
The average person may think that these names represent foundations that help the people of the world (and would be mistaken). What most don’t know is that these powerful families had help from the very Rothschild fortune which today is the largest unknown entity that affects the future freedom of every person on the planet.
Well, the city is probably going to remain one of the financial headquarters of the world. I can’t say the same for NYC. Hey, Rothschild interest set the price of gold every afernoon right there in London. People that are job hunting right now already know things are horrible here in the U.S. We have very bright engineers that can’t find work. Sadly, even the People on TV will have to admit we are in a depression 12 months from now. There will be NO denying it.
The average person may think that these names represent foundations that help the people of the world (and would be mistaken). What most don’t know is that these powerful families had help from the very Rothschild fortune which today is the largest unknown entity that affects the future freedom of every person on the planet.
Yup
The business model these CEOs want to perpetuate is to continue to treat their employees and customers like dirt while padding their own excessive compensation packages and justify it in the name of “globalization” - I’ve said it before - to them “globalization” means to import third world wages and benefits to the USA and eliminate the middle class…if this is “globalization”, we were better off with the cold war any day of the week…
in considering the health care nightmare let’s do something a little different, let’s look very carefully at the people who are in control of this “big business.” If you do I think you’ll find that the ama, insurance dumps, and the advertising agencies are all controlled by an amoral, non-christian, heathenistic new york-n.j, cabel who laugh at such things as, “Do unto others” etc. These people have to be weeded out before anything meaningful can take place.
For all the so called “people” on the Business Roundtable, let’s have all your jobs outsourced or taken by someone with a visa who will work for at least 1/100th to 1/100,000th of what you are making now. That should PERMANENTLY reduce your earning power. Also, be sure the stock price flat lines or goes down. What job will you train for now?????
I normally support buying American. Caterpillar is ONE OF THE EXCEPTIONS!!!!!! BUY FROM SOMEONE ELSE until Caterpillar goes bankrupt!!!!!!!! Then let one of the sovereign wealth funds buy it for less than $1 and keep the workers!!!!!
FU,
You can add Ge to that list also.
Scott, is it possible you are describing Greenspan’s dream?
Since we know who is behind this should we start organizing. 20 30 thousand should get the job done. The market and the economy is all but done?
WHAT?,
The U.S. construction industry alone has over 6 million workers, I’d say organizing 20 to 30 millon should get the job done.
You guys missed the Gold back’em up truck last night. Don’t be late today on the bottom of the hour when it will be time once again to make a CQ short pick’em up!
I should run for President - my platform would be simple and twofold: 1)If globalization continues to mean importation of third world wages/benefits/customer service practices all in the name of maintaining excessive executive compensation packages then we should in fact abandon it (maybe a few less of our children will get lead poisoned from toys and a few less pets will die of toxic pet food ingestion); 2)a bushel of wheat for a barrel of oil…
I would probably win in a landlside
I’m in… Were should we meet? On these blogs? We need a name.
The US is a victim of globalisation.Neither the fed nor the US govt. have controls over the global market players such as wallstreet banks who are basically taking advantage of cheap dollars to increase their investments/assets in other currencies/countries. And our Big Ben is helping them by cutting interest rates, despite the fact the rate cuts affect the macro economy and hits the average joe, his job , his salary, his savings.
Anonymous, does that mean you believe that globalization is about cheap labor, cheap debt, asset bubbles, and income inequality?
If so, would raising wages stop the cheap debt and income inequality and therefore asset bubbles too?
Is it time to create an “asset bubble” in wages and tell the FOMC members they can resign their possible $200,000 or more a year, stupid jobs if they do NOT like it?
Scott, that is a good start!!!!
Anonymous, probably about GE. Isn’t/wasn’t Jack Welch one of the “great believers” in outsourcing?
Here is one other thing about Caterpillar going bankrupt. Tear up the “big boys” contracts and only give them a severance if they train their replacements for 6 months!
Accenture makes a lot of money outsourcing jobs.
Rothschild was right, control the money and you control the governments.


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