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Peter's Viewpoint

My blog spot, my mind, your time, and hope for the better

The prostitution of democracy

Democracy is being corrupted by greed and selfishness.

How much is your freedom, dignity, and lifestyle worth?

CEO’s and other management are buying more rights everyday that lessen the average person’s rights to live in dignity.

Dignity is priceless unless you are a CEO or General Manager that values a bonus higher than social awareness.

The fact is that just as people fail to vote properly on country issues, the stock holders of the corporate world have ignored the impact that their votes have created in their own daily lives.

The scales are now totally unbalanced in the areas of business, employment, and education because excess profiteering and the failure to correct investment versus the outsourced development of business and labor.

Think about it, western countries send their children to higher education that they pay through their taxes while at the same time, children of foreign countries are also doing the same without paying for it.  Therefore we are paying for the education of outsiders and their countries are reaping the benefit of it when their children return.

We invest our money locally in companies through stock purchases that management decide to invest our money to create new branches in foreign countries.  The management of the companies receives their bonuses based on the profits from the branches that they created abroad while the local investor pays premium prices for goods and services.

Employment has fallen and continues to fall because management cannot even the cost scales that are foreign labor offers simply because foreign governments do not provide social benefits or laws that increase local western labor costs.  As a result, western labor is much higher than foreign labor simply because the foreign labor markets do not reflect true costs.

ceo executive pay wrongly based on layoffs

Next time you consider buying stock in a local company demand that the money being used remains within your country.

As I have written previously, global change is good if the standards are the same for all.

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