Thursday, April 21, 2011

The New Corporate World Order

http://www.informationclearinghouse.info/article27935.htm

...consumer purchasing power is down in the U.S. thanks to the devastating collapse of a housing bubble GE Capital fed with suspect mortgage financing that provided the company with well over half of its profits before the crash. The loss of well-paying jobs at multinationals like GE to other nations—54 percent of the GE workforce is foreign—exacerbates the plight of U.S. consumers...

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