Saturday, May 30, 2009

In defense of the American Autoworker

The Henry Wiggen Blog takes CNBC logic to task. Here's the money line on the topic of lower salaries:

CNBC and this self-satisfied Rockefeller can take their $30,000 a year job and shove it. A working man, or woman, produces more of value in an hour than these folks do in a month and they're worth a lot more than 30 grand.
I walk everywhere so this really isn't my debate . . . However, financial "reporting" offered on cable news was mostly wrong about the stock market and the American economy all the way down. So the talking heads not only deserve to be smacked around but also to be called out on their corporate propaganda . . . This Kansas City blogger did both in an amazing fashion.