Preview: Anger In The Land
October 29, 2010 2:01 PM
On the eve of the midterm elections, Scott Pelley reports from Newton, Iowa, where the closing of an appliance factory is causing a negative effect on the community's economy. 60 Minutes, Sunday, Oct. 31, at 7 p.m. ET/PT.








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See all 16 CommentsAmerican made product, then America will stay in recession.
Until America see the benefit of buying product made
here in America, it doesn't matter if its an American
company or a foreign company as long it is made
here and helping our countryman get a job . What is
the benefit of buying an American name product when it
is made abroad, than buying a foreign brand made in the
USA but giving job to our citizen.
Instead of talking to some rubes and yokels in flyover territory why don't they talk to some people who matter.
I continue to be dumbfounded by the all of the thousands or millions who are the least bit surprised by what is going on now. What did they think was going to happen when they voted for politicians who spent the past 30 years creating and fostering policies and writing legislation that made it more profitable for American multi-nationals to manufacture goods overseas and to outsource services overseas?
This country is embarrassing and its political behavior stands as a monument to its epic stupidity shown by the gulf between what Americans say they want and what their actions show they really want which grows ever wider with each passing generation. For the past 30 years you have been a bunch of sheep being led to the slaughter and now you decide you don't like it? Please! Everything that has happened is the result of a completely natural progression of events.
Now let's talk about the "Tea Party" and its much lauded rise in the mass media. Let's talk about what their platform such as it is will mean in real terms. Assuming that what most Tea Party members mean is that in order to run the federal goverment without a deficit and to pay off the national debt in real terms then the federal government should only be involved in its Constitutional mandate of national defense and security, and law enforcement. This being the case what should happen if the Tea Party takes power is to abolish all cabinet departments but the original four of State, Treasury, Defense(War), and Justice, as well as all of the executive branch agencies which came into existence after the founding of those original four with the exception of course the executive agencies which are under the original four cabinet departments. The federal government should thus have no involvement in the funding of the multitude of initiatives which it became responsible for funding pretty much at the beginning of the 20th century on up through the present day. An exhaustive list in what that would mean in real terms to the live of everyday Americans would take a book on its own to fully list and explain. But try and sit down and figure out everything that your tax dollars pay for around you everday and look at what they have paid for over the past century and then see if you think the country would have been better off without them or if they had been entirely left up to the private sector. Really ponder it honestly. Because that is where we headed folks. And as with almost everything that Americans say they want based on polls it is most definitely really what they want or they would have acteed completely differently from the way they do. There really is no other explanation to explain why things are the way they have become over the past thirty years politically and economically.
This is a typical story about corporate outsourcing in a small company town. The reason that city is economically depressed is because Maytag closed down its plant and 2,500 Maytag jobs went away. It is likely the Maytag plant would have closed and relocated to Mexico with or without a recession.
What people should be angry about in this story is not the recession per se, but the fact the corporations continue to outsource jobs in this country. This is a story about outsourcing and not the recession.
It is also likely that every other job that was lost is a direct result of the Maytag factory shutting down, even likely the Windstream jobs, although Windstream has been consolidating their own operations, given their own recent acquisitions of other companies, so the Windstream job losses also likely have nothing to do with the recession.
I think journalists need to be very careful with these recession stories. Journalists are confusing job and economic impacts from the recession and those that are more structural. Voters also need to be aware of the differences. For example, Republicans and the Chamber of Commerce are very much for promoting further outsourcing in America. Obama and the Democrats have been trying to take away the tax benefits that many U.S. companies receive from outsourcing.
that there's an agreement among the banks and big businesses to maintain unemployment as long as it takes to prevent "TAX INCREASE FOR THE WEALTHY" and any other regulations or laws that can be controlled by dispensing with President Obama.
Yes, I believe with enough digging it would be found that Karl Rove and others have their agreement in place: When Americans get angry enough at the party being blamed for the huge national debt (which happened to baloon after January 2009, according to the Republican line; NOTHING to do with the 8 Bush-Cheney years!) they will vote the Democrats out, and
the rich will get richer. Who knows what will happen to the poor souls who believed this line and voted for more power to the powerful.
How much wealth does one person need???
How much POWER does that person want?!?
We have far too many of these obscenely wealthy, greedy, power-loving individuals who are playing a gigantic game of Monopoly with our lives.
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