Link won't copy, SMH running an articlethat says current workers at CCA sites have accepted an agreement that freezes their pay and allows CCA to pay new employees up to 38% less than current workers receive for doing same job. Google CCA workers pay freeze and it should come up.
There are some people who seem angry and continuously look for conflict. Walk away, the battle they are fighting isn't with you, it's with themselves.
The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it. The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.
Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
It's the trend and the trend is your friend but I can't see how to play this one lol. I also read about the rba's plan for new $50 and $100 bills. I wonder how much this has to do with security and how much to do with the billions that must be hidden away in private safes and under mattresses.
It's not like you can just walk into a bank and anonymously swap them over any more is it. Serves the filthy money hoarders right for not declaring it all and keeping it in a grossly overleveraged banking system.
Shadow was hopelessly wrong about the Gold Bull Market. What else is he wrong about?
A sign of the future, what that in the bulls cycle plans, falling wages, another historical event occurrimgnin Australia, falling wages for years to come.
I know many government employees in Sydney that have been made redundant. They then reavertise for a couple of positions with cheaper pay. So the end result is many lose their job, the few that end up staying or reapplying to other positions end up with less pay. I think this is probably more wide spread than people would realize.
I think we have the jobs numbers out today so we can have a closer look at the fudged up figures later in the day.
To elaborate, many of these workers have been given redundant packages and or pension like life payments. One I know is barely 40, got a redundency and a pension like payment every month for life. They have been there barely ten years. In saying that , the payment was not even a years wages, more like half and the weekly life payment is only a couple of hundred a week. But still for the time there and age, what private business could afford to do this shit. Now you know why they wanted to increase your super contributions, to pay for another mindless ponzi. Rob more from the next lot coming along to pay for the increasing and ageing ones being paid every year. With youth unemployment reaching record levels and notgoing away for who knows how long, they will soon have trouble trying to pay this ponzi and will need to increase your taxes to do so.
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