Wednesday, March 11, 2009

overcoming the so call recession

I really wonder if our present approach to overcoming the recession. As I said in one previous blog, we really need a Teddy Roosevelt. We need to break up the large corporation and allow them to grow as large as they have become. A good example is AIG and of course City Corporation. There is no way our world economy can afford such Companies to survive. As they said about AIG is too large to allow to fail. There is no way companies like AIG,etc can survive. Even companies like Kraft get too big to survive. The top management gets too greedy. It always reminds me of a small Cheese factory that was in MoundRige, Ks and I believe was taken over by Kraft and all they did was to lay off at least 5 workers and close the small factory up. They sure put out good cheese. Thats all big Corporations do is to close up small business and that means a loss of a lot of jobs. There was a case in Wichita where Davis MFG , I believe was bought out by Case and of course Case got too big. I could go on and ramble about large corporations who eventually go out of business. We have many workers laid off because of large corporations who blame the workers for their debts that Management caused. That is what happens when local management is removed and all the Management comes from out of town. The profit for the holding company becomes the main objective of the Corporqation. again we need to break up these huge Corporation. enough said ===== Don

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