Whirlpool deletes offensive, bigoted ad contrasting successful POC with loser whites

The company that once gave lots of blacks decent middle class jobs in Benton Harbor, Michigan, but ended all that in favor of cheaper POC labor abroad.

Liberal Republican Fred "Light Bulb" Upton is their golden cuck, grandson of the founder of the company and member of Congress continuously since first elected in 1986.

 

Campaign finance reform for the people

Under an expanded US House of Representatives, wouldn't current campaign finance laws still be a problem?

Well, duh.

But there is a simple solution.

Your man or woman in Congress should represent YOU, not Freedom Works, The Club for Growth, People for the American Way, Planned Parenthood or any other national organization, including his or her own political party. It is not right that the RNC collects contributions for Kevin Yoder in Kansas-3 and spends them on the US House race of Maria Elvira Salazar in Florida-27.

Your representative should represent YOU, and the money that elects him or her should represent you, too, and therefore all campaign contributions must come from his or her congressional district, from people and businesses actually domiciled within district boundaries. That's it. No other limits.

Nancy Pelosi can raise all the money she wants from tuna companies domiciled in her district who exploit workers on Pacific islands. Let the actual residents of her (much reduced in size) district decide if they're still OK with that. And Fred Upton of Whirlpool fortune fame in Michigan can find out for himself if his much reduced number of constituents are OK with making their lightbulbs more expensive or unobtainable.

Power to the people.

Your Michigan coalition to protect perversity includes Chambers of Commerce and big business, and The Nerd

The Nerd is a member of a PCUSA church, aka CPUSA

Reported here:

The Detroit Regional Chamber and Grand Rapids Area Chamber of Commerce on Thursday joined a coalition seeking to add sexual orientation and gender identity protections to the Elliott-Larsen Civil Rights Act of 1976. ...

Gov. Rick Snyder "does not believe in discrimination" and remains "open to having a conversation with the Legislature" about changing the law, said spokesperson Sara Wurfel, noting he thinks "it would be great to tackle sometime this year." ...

The business coalition behind the push formed earlier this month with founding partners AT&T, Blue Cross Blue Shield, Consumers Energy, Dow Chemical Co., Google, Herman Miller, PADNOS, Steelcase, Strategic Staffing Solutions and Whirlpool Corp.

Chrysler, Pfizer, the Kellogg Company and a handful of other businesses also joined the coalition this week.

My Whirlpool Appliances Have Had 5 Failures In 5 Years While They've Tried To Hire 765 H1B And Green Card Foreigners At High Salaries Since 2001: Coincidence?

Image source here.

Morgan Stanley's Stephen Roach Ridicules Fed's War on Savers, Who Are Indispensable to Future Growth

He is quoted here at CNBC.com, identifying zero interest rate policy as

"financial repression practiced by your favorite central bank, the Federal Reserve. The idea that we can run zero interest rates in perpetuity and penalize savers is absurd."

"Do you know that half of American workers have no retirement fund?"

"How else are we going to fund economic growth?"

"Right now we’re borrowing surplus savings from abroad because we don’t save a nickel at home, and we have to wean ourselves from that."

Last week's GDP release indicated a precipitous fall in the personal savings rate of 20 percent in the third quarter to 4.1 percent annualized as Americans spent all their minor wage gains and diverted monies from savings just to keep up with rising prices for food, energy and healthcare, among other things.

They are not buying major appliances with the money, as Whirlpool is set to lay off 5,000 in coming months due to rapidly falling sales.

I'm Nominating This One For Blown Prediction of 2011

As seen here:

Retail consultancy Customer Growth Partners expects that American consumers have worked to put their finances in order and are ready to spend. Their forecast calls for holiday sales in the November to December period to rise 6.5 percent from last year to $554 billion.

That's twice consensus forecasts, which have put holiday sales growth between 2.5 percent to 3 percent. It also is the fastest pace for retail sales growth since 2004, when holiday sales rose 6.9 percent.

Why is this a crazy prediction? Because Whirlpool announced today that it is laying off 5,000 as consumers are unable to buy major appliances.

And because of this, reported here in the same place, also today:

The total compensation paid by employers in the third quarter rose by the smallest amount since at least 1982 as employees paid for a greater portion of their health care and companies continued to sit on their record hoards of cash. ...

Meanwhile, the savings rate plummeted to 3.6 percent, the lowest in four years, according to separate data released Friday from the Commerce Department. That’s down from 5.3 percent in June.

“Spending more when you’re taking home less and cutting into savings — That’s not the best recipe for stronger spending in the near term," Jonathan Basile, an economist for Credit Suisse, wrote in a note to clients.

Consumers remain under stress just to pay the bills, and are reducing savings to cope. That is not a recipe for a smashing holiday spending season.