The Australian said it best in an article yesterday:
QUOTE
"This isn't about necessarily what makes sense. It is about dynasty. It's about people who think of the family business in 100 years," a VW executive familiar with Mr Piech's thinking said.
The whole article in The AustralianThen in the next article of the news on this fuzzy station mentioned how Telecom was slashing 50,000 jobs - end report. This is an insane world that we live in, an Australian example of a week of destruction...
QUOTE
Throughout the five week-long election campaign in Australia, the ongoing destruction of jobs barely rated a mention. Yet, major airlines, banks, IT companies and other employers continued to axe jobs right up to polling day on November 10, and the job losses have escalated since.
Clearly the Liberal-National Party government, which just 12 months ago predicted that its economic policies would soon produce an unemployment rate below 6 percent, was anxious to deflect attention from what was taking place. The Labor opposition did not make job-shedding an election issue because it is equally devoid of any policies to create jobs or stem the corporate downsizing.
By their silence, both parties also conveyed to big business that, if elected, they would not oppose further restructuring. A report in Australian Financial Review last week pointed to layoffs becoming a deliberate strategy to shore up profit margins in the face of a world economic downturn. "Australian businesses will rely on mass job cuts to inoculate them from faltering global economies in the months ahead, with recent aviation, telecommunications and financial services redundancies set to be repeated across most industries."
Clearly the Liberal-National Party government, which just 12 months ago predicted that its economic policies would soon produce an unemployment rate below 6 percent, was anxious to deflect attention from what was taking place. The Labor opposition did not make job-shedding an election issue because it is equally devoid of any policies to create jobs or stem the corporate downsizing.
By their silence, both parties also conveyed to big business that, if elected, they would not oppose further restructuring. A report in Australian Financial Review last week pointed to layoffs becoming a deliberate strategy to shore up profit margins in the face of a world economic downturn. "Australian businesses will rely on mass job cuts to inoculate them from faltering global economies in the months ahead, with recent aviation, telecommunications and financial services redundancies set to be repeated across most industries."
So what about small business and grants and the like? It is all a distraction, a mindtrap for the minority who actually want to make it on their own. Take myself for example, I want to buy a home but I don't want to take a loan form a bank, I don't want to play the illuminati-market (sorry stockmarket), and I don't want a JOB (just over broke). So what are my options? Well most start a small business.
QUOTE
Ninty Five percent of small business fail within the first five years.
I wonder why?Small business is a trap. Designed to fill your day with balance sheets and business equity statements and tax aversion plans and anything to sap your energy while Porsche buys VW and cuts a quater of a million jobs.
