WELCOME TO OPINIONS BASED ON FACTS (OBOF)
&
THINGS YOU MAY
HAVE MISSED (TYMHM)
YEAR ONE
YEAR TWO
YEAR THREE
YEAR FOUR
OBOF YEAR FOUR INDEX
|
|
OBOF TYMHM PART 14-01
|
Jan. 02, 2014
|
OBOF TYMHM PART 14-02
|
Jan. 09, 2014
|
OBOF TYMHM PART 14-03
|
Jan. 15, 2014
|
OBOF TYMHM PART 14-04
|
Jan. 24, 2014
|
OBOF TYMHM PART 14-05
|
JAN 30, 2014
|
OBOF TYMHM PART 14-06
|
Feb. 06, 2014
|
OBOF TYMHM PART 14-06 EXTRA
|
Feb. 09, 2014
|
OBOF TYMHM PART 14-07
|
Feb. 13, 2014
|
OBOF TYMHM PART 14-08
|
Feb. 21, 2014
|
OBOF TYMHM PART 14-09
|
Feb. 27, 2014
|
OBOF TYMHM PART 14-10
|
Mar. 08, 2014
|
OBOF TYMHM PART 14-11
|
Mar. 13, 2014
|
OBOF TYMHM PART 14-11 EXTRA
|
Mar. 15, 2014
|
OBOF TYMHM PART 14-12
|
Mar. 21, 2014
|
OBOF TYMHM PART 14-13
|
Mar. 29, 2014
|
OBOF TYMHM PART 14-14
|
Apr. 03, 2014
|
OBOF TYMHM PART 14-15
|
Apr. 12, 2014
|
OBOF TYMHM PART 14-16
|
Apr. 19, 2014
|
OBOF TYMHM PART 14-17
|
Apr. 26, 2014
|
OBOF TYMHM PART 14-18
|
May 03,
2014
|
OBOF TYMHM PART 14-19
|
May 10,
2014
|
OBOF TYMHM PART 14-20
|
May 20,
2014
|
OBOF TYMHM Vol 14 - No 21
|
May 28, 2014
|
OBOF TYMHM Vol 14 - Ho 22
|
June 10, 2014
|
OBOF TYMHM Vol 14 - No 23
|
June 20, 2014
|
Agenda
1.
WOW. What a 90th Birthday Party.
2.
WOW. What a tooth ache.
3.
Real business leaders want to save capitalism.
W O W
WHAT A BIRTHDAY PARTY
I am going to take a
little bit of space here to tell you about my 90th birthday party. Without going back and checking, I don't know
if I have explained what my party plan were.
I have eaten daily at our local IHOP for that past 9 or 10 years. 95% of the staff there make up my second
family. My first family is now made up
of my Son and two Daughters. One
Daughter lives in Illinois and the other in Washington Oklahoma
I had an all day,
everybody invited, party at the IHOP. I
had three real big sheet cakes, some signs expressing my feelings reaching 90
yrs. and some items depicting my life.
The party started at 9:00 am and continued to 9:00 pm. I managed to stick out about seven hours of
the day. The local paper ran quite a
half page article and picture. We had 93
guest sign in. I think there were a few
that didn't sign in. I am sure we had at
least 100 guests. I toughly enjoyed my
90th.
I have lived all my
life to reach 90. Now I'll try for
95. Some say I should go for 100. I say that that is not realistic. I think 95 might have a possibility. Anyway, I'll go as long as the good Lord says
I should. I'll just keep putting one
foot in front of the other. I have had a
good life. Some good, some bad, but more
good than bad. Three wonderful kids,
three great Grandsons, and four Great Grandsons.
~
I was pretty worn out
frankly, but I have recovered and I think now I might get back on track and get
going on 91. I thank all of you
too. I can tell you wish me well by the
numbers of you who hit my blog. I will
keep trying to bring you items that you might have missed that will affect all
of us as well as some that will affect smaller special groups, such as veterans.
~~~
wow
What a tooth
ache
Right after I wrote the
above I developed a truly bad tooth ache.
Had to have emergency tooth pulled and it has laid me low. Thus, the reason for being so late with this
posting.
I have some
writing that I had planned to for you, but I will let it go till next
week. Some of the dirtiest Fed. corruption
that I ever, PERSONALLY, known about and some local Tulsa
~~~
Real
Business Leaders Want to Save Capitalism
Robert Reich
NationofChange
/ Op-Ed
Published: Thursday 19 June 2014
A few weeks ago, I was
visited in my office by the chairman of one of the country’s biggest high-tech
firms who wanted to talk about the causes and consequences of widening
inequality and the shrinking middle class, and what to do about it.
I asked him why he was
concerned. “Because the American middle
class is the core of our customer base,” he said. “If they can’t afford our products in the
years ahead, we’re in deep trouble.”
I’m hearing the same
refrain from a growing number of business leaders.
They see an economic recovery that’s bypassing most Americans. Median hourly and weekly pay dropped over the
past year, adjusted for inflation.
Since the depths of the Great Recession in 2009, median real household
income has fallen 4.4 percent, according to an analysis by
Sentier Research.
These business leaders
know the U.S.
They also recognize a second
danger.
Job frustrations are
fueling a backlash against trade and immigration. Any hope for immigration reform is now dead in
Congress, and further trade-opening agreements are similarly moribund. Yet the economy would be even worse if America
Lloyd Blankfein, CEO of Goldman Sachs, warned recently
on “CBS This Morning” that income inequality is “destablilizing” the nation and
is “responsible for the divisions in the country.” He went on to say, that “too
much of the GDP over the last generation has gone to too few of the people.”
Blankfein should know. He pulled in $23 million
last year in salary and bonus, a 9.5 percent raise over the year before and his
best payday since the Wall Street meltdown. This doesn’t make his point any less
valid.
Several of business leaders
are suggesting raising the minimum wage and increasing taxes on the wealthy.
Bill Gross, Chairman of Pimco, the largest bond-trading firm in the
world, said this week
that America
Gross has noted that
developed economies function best when income inequality is minimal.
Several months ago, Gross urged his
wealthy investors, who benefit the most from a capital-gains tax rate
substantially lower than the tax on ordinary income, to support higher taxes on
capital gains. “The era of taxing
‘capital’ at lower rates than ‘labor’ should now end,” he stated.
Similar proposals have come from billionaires Warren Buffett and Stanley
The response from the denizens of the right has been predictable: If these gentlemen want to pay more taxes,
there’s nothing stopping them, which misses the point. These business leaders are arguing for changes
in the rules of the game that would make the game fairer for everyone. They acknowledge it’s now dangerously rigged
in the favor of people like them.
They know the only way to
save capitalism is to make it work for the majority rather than a smaller and
smaller minority at the top.
In this respect they
resemble the handful of business leaders in the Gilded Age who spearheaded the
progressive reforms enacted in the first decade of the twentieth century, or
those who joined with Franklin D. Roosevelt to create Social Security, a
minimum wage, and the forty-hour workweek during the Depression.
Unfortunately, the voices
of these forward-thinking business leaders are being drowned out by
backward-lobbying groups like the U.S. Chamber of Commerce that are organized
to reflect the views of their lowest common denominator.
And by billionaires like
Charles and David Koch, who harbor such deep-seated hatred for government
they’re blind to the real dangers capitalism now faces.
Those dangers are a
sinking middle class lacking the purchasing power to keep the economy going,
and an American public losing faith that the current system will deliver for
them and their kids.
America’s real business
leaders understand unless or until the middle class regains its footing and its
faith, capitalism remains vulnerable.
~~~
If the good Lord is willing and the creek don't rise, I'll talk with you
again next week.
God Bless You All
&
God Bless the United States of America
Floyd
No comments:
Post a Comment