More Job Cuts

January 27, 2009

microsoftWe have not even gotten through the first month of the new year, yet every body needs to buckle up.  More job cuts is here, with more on the way.  At least 40,000+ is already lost and more to come in the immediate future.

slide_900_15576_largeYet, day after day I have to listen to the kings of pork, the GOP, talk about the stimulus package being filled with pork.  Yes, pork of the kind that the American people voted President Obama into office to enact.  Not pork of the GOP kind, you know like building bridges to nowhere.

WASHINGTON — The recession is killing jobs at an alarming pace, with tens of thousands of new layoffs announced Monday by some of the biggest names in American business _ Pfizer, Caterpillar and Home Depot.

More pink slips, pay freezes and other hits are expected to slam workers in the months ahead as companies desperately look for ways to survive.

“We’re just seeing the tip of the iceberg _ the big firms,” said Rebecca Braeu, economist at John Hancock Financial Services. “There’s certainly other firms beneath them that will lay off workers as quickly or even quicker.”

slide_900_15578_largeYet, mean time in the world of reality, some of these same companies are enjoying their CEO perks of bonuses, junkets, and extravagant spending and life styles.  It is at these moments I hate what the GOP stands for; conservatism needs to be renamed to the rich only ism.


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