Competing With Sweatshops

[Sonny Clark]

Our international competition:

Sweatshop allegations dog Zara as owner named world's 2nd richest man

His No. 2 position, surpassing American magnate Warren Buffett, is now confirmed in Bloomberg's updated billionaires list. Ortega is priced at $71.5 billion, up a cheeky $10 billion from last year.

The cash comes from Ortega's 59% ownership of Inditex, the world's biggest clothing retailer. It not only includes Zara but also international mall favorites Bershka, Pull and Bear and others.

As you read this, many of you will remember you have shopped in these places, and contributed to the fortune. So has British Duchess Kate Middleton.

But while Ortega gets richer, accusations concerning sweatshops have chased his stores over the years.

Back in 2011, officials in Sao Paulo, Brazil, raided a clothing factory subcontracted by Zara and found workers, including children, earning a pittance in unsafe conditions.

Most of the laborers were from neighboring Bolivia and were being paid about 10 cents per piece of clothing they sewed.

Full story here; ( Sweatshop allegations dog Zara as owner named world s 2nd richest man )
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This is what our work force is competing with in the world market place. This is what the "Global Economy" is all about. So, how do we justify our foreign trade agreements and policies?

 

[Jomama]

Political pressure is the only way to move retailers up the foodchain from the worst to the better suppliers. If whores like Wal*Mart, Nike and Target can improve the quality of their suppliers, Zara can - they just need to be motivated by the capitalist dollar.

 

[EdwardBaiamonte]

Political pressure is the only way to move retailers up the foodchain from the worst to the better suppliers. If whores like Wal*Mart, Nike and Target can improve the quality of their suppliers, Zara can - they just need to be motivated by the capitalist dollar.

a liberal lacks the IQ to understand capitalism and free trade. If people agree to take a job it means it's a better job with higher wages than anyone else in the world is offering them . Imagine denying people the opportunity to take a better job and improve their lives?

Of course, a liberal is essentially a Nazi who would support 10,000 other interventions to improve capitalism by making it into communism.

 

[strollingbones]

godwins law

 

[EdwardBaiamonte]

godwins law

dear, if you feel jomama is not like a nazi please say why or admit you lack the IQ to be here.

 

[strollingbones]

o no no please do go on.....my low iq will be so impressed......

 

[EdwardBaiamonte]

o no no please do go on.....my low iq will be so impressed......

our liberals spied for Hitler and Stalin. Do you understand now?

 

[strollingbones]

o my i did not know the bush family were liberals....i just learn more and more from you daily

George Bush's grandfather, the late US senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany.

The Guardian has obtained confirmation from newly discovered files in the US National Archives that a firm of which Prescott Bush was a director was involved with the financial architects of Nazism.

His business dealings, which continued until his company's assets were seized in 1942 under the Trading with the Enemy Act, has led more than 60 years later to a civil action for damages being brought in Germany against the Bush family by two former slave labourers at Auschwitz and to a hum of pre-election controversy.

The evidence has also prompted one former US Nazi war crimes prosecutor to argue that the late senator's action should have been grounds for prosecution for giving aid and comfort to the enemy.

How Bush s grandfather helped Hitler s rise to power World news The Guardian

 

[strollingbones]

notice the red thing...that is a link....try using one

 

[EdwardBaiamonte]

How Bush s grandfather helped Hitler s rise to power World news The Guardian

too 100% stupid!!!! Even if it was true it would mean nothing since conservatives support small govt and HItler was the exact opposite. Feel stupid now??


-Jonah Goldberg; "communists and Nazis tended to vote together in the Reichstag" (page 77)

-Jonah Goldberg: "More dissidents were arrested under...Woodrow Wilson than Mussolini" ( page 80)

-Jonah Goldberg: "In Italy they were called Fascists; in Germany they were called Nazis; in America they were called progressives" (page 81)

-Woodrow Wilson: "The State does..whatever the times demand" (page 86)

 

[Picaro]

Our international competition:

Sweatshop allegations dog Zara as owner named world's 2nd richest man

His No. 2 position, surpassing American magnate Warren Buffett, is now confirmed in Bloomberg's updated billionaires list. Ortega is priced at $71.5 billion, up a cheeky $10 billion from last year.

The cash comes from Ortega's 59% ownership of Inditex, the world's biggest clothing retailer. It not only includes Zara but also international mall favorites Bershka, Pull and Bear and others.

As you read this, many of you will remember you have shopped in these places, and contributed to the fortune. So has British Duchess Kate Middleton.

But while Ortega gets richer, accusations concerning sweatshops have chased his stores over the years.

Back in 2011, officials in Sao Paulo, Brazil, raided a clothing factory subcontracted by Zara and found workers, including children, earning a pittance in unsafe conditions.

Most of the laborers were from neighboring Bolivia and were being paid about 10 cents per piece of clothing they sewed.

Full story here; ( Sweatshop allegations dog Zara as owner named world s 2nd richest man )
------------------------------------------------------------------------------------------------------------------------------------------

This is what our work force is competing with in the world market place. This is what the "Global Economy" is all about. So, how do we justify our foreign trade agreements and policies?

Add Apple, Intel, and the rest, Korean, Japanese, etc.

The U.S., now a consumer driven economy, has a lot of tards who like peddling the idea that low wages will somehow increase consumer spending, which of course is utter nonsense; mostly this is driven by the belief they're all going to get something for nothing through speculating on financial paper. Unfortunately for most, that is a Ponzi scheme and eventually most of the income gains end up at the top with little left for the other 90% for consumption spending. Paul Krugman nails it thoroughly in his book, End This Depression Now, and some of the elite aren't so retarded and calling for increasing wages here. When you believe you can make more money in playing with stocks and options and futures with little effort, the appeal of investing in real businesses diminishes substantially; this can be seen daily. this is what caused the Great Depression: the giant flood of money chasing the stock market and the money poured into brokers' margin loans rather than real investment coincided with a decline in construction and manufacturing and retail and thus the rise in unemployment and decline in consumer spending beginning in 1926-27 and culminating in the crashes of '29 and several more later on up to 1932. Nor is it much different now, except the safety net, flimsy as it is, moderated the more dire effects suffered then; it's the same sort of liquidity trap. And, the only 'answer' they can come up with is trying to float yet another real estate bubble, as if they can go to that trough over and over and over again as if it's bottomless.

 

[Picaro]

o my i did not know the bush family were liberals....i just learn more and more from you daily

George Bush's grandfather, the late US senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany.

The Guardian has obtained confirmation from newly discovered files in the US National Archives that a firm of which Prescott Bush was a director was involved with the financial architects of Nazism.

His business dealings, which continued until his company's assets were seized in 1942 under the Trading with the Enemy Act, has led more than 60 years later to a civil action for damages being brought in Germany against the Bush family by two former slave labourers at Auschwitz and to a hum of pre-election controversy.

The evidence has also prompted one former US Nazi war crimes prosecutor to argue that the late senator's action should have been grounds for prosecution for giving aid and comfort to the enemy.

How Bush s grandfather helped Hitler s rise to power World news The Guardian

Yes, well, when you look at the list of shareholders of the Union Bank, you will see that Bush owned a whopping 50 shares of the bank, while Averill Harriman owned 2,500 shares. You can Google up Harriman; he was a major heavy in the Democratic Party. U.S. banks and companies were heavily invested in Germany long before Hitler came to power, so this sort of conspiracy gossip doesn't count for much.

 

[EdwardBaiamonte]

this is what caused the Great Depression: .

dear please don't show your pure liberal ignorance so much. Bernanke just avoided another Great Depression by following Friedmans advice that the Great Depression was caused by mistaken monetary policy.

Do you understand?? We don't need an illiterate monkey liberal tellling us what caused the Great Depression.

 

[Picaro]

this is what caused the Great Depression: .

dear please don't show your pure liberal ignorance so much. Bernanke just avoided another Great Depression by following Friedmans advice that the Great Depression was caused by mistaken monetary policy.

Do you understand?? We don't need an illiterate monkey liberal tellling us what caused the Great Depression.

lol ... so school us all. That would be hilarious ...

 

[EdwardBaiamonte]

this is what caused the Great Depression: .

dear please don't show your pure liberal ignorance so much. Bernanke just avoided another Great Depression by following Friedmans advice that the Great Depression was caused by mistaken monetary policy.

Do you understand?? We don't need an illiterate monkey liberal tellling us what caused the Great Depression.

lol ... so school us all. That would be hilarious ...

dear, you can study Friedman on your own if you want to understand economics, what caused the Great Depression, and how we avoided another depression in the wake of the recent liberal housing scandal.