Obama has sacked the head of General Motors and demands that the auto unions reduce their over-generous pensions and high wages. He will not bail out the company unless they do.
Unfortunately for socialism all socialists are consumers too. They are more interested in receiving than giving and Socialist Globalism is all about giving.
Obama and the American democrats have just discovered that they need their industry to employ their workers and with high wages and over-generous pension rights and other benefits the products they produce will not sell on the global market.
No government,not even a socialist government,can give in to union demands.
Unlike over-generous Australia,in America if you do not have a job,you do not eat or have a house to live in. Rudd is well on the way to spending Howard’s nest egg and it is obvious he will sell all Australia’s mineral assets to the Chinese and it seems he will sell Australia to the Chinese as well. Unfortunately the Liberal/National party will do the same,they are all globalists.
So like the Chinese expect to live in one room and cycle to work.
The Carbon trading scheme will ensure we are reduced to a third world standard of living.
