Informational and Editorial: Economic Bondage & Corporate Slavery

General Information: Non-Fiction & Opinion

Mama Don’t Take My Kodachrome Away….

Kodak is trying to avoid bankruptcy. Kodak joins the club of corporations and individuals who have lost a whole lot just to keep their heads above

The WALL STREET JOURNAL reports that “Eastman Kodak Co. has hired law firm Jones Day for restructuring advice as it faces growing concerns from investors over its turnaround prospects, but the imaging company said it had no intention to file for bankruptcy protection.” water and survive. The 131 year old company is attempting to ‘restructure’ to ensure it has the financial wherewithal to complete a difficult strategic and financial revamp. Shares in the 131-year-old company have tumbled following Kodak's disclosure last week that it pulled $160 million from a credit line.The Wall Street Journal also reported “The move signals Kodak is intensifying efforts.

That drawdown heightened concerns about the company's cash flow and triggered downgrades of its credit rating. On Friday, Kodak's bonds plunged and its shares fell 54%, or 91 cents, to 78 cents, after The Wall Street Journal reported the company had hired restructuring advisers.”

The digital age has all but done away with the need for film and digital editing has given publishers new ways to deliver their images in ways that have never been seen before. The 21^st century and its new technologies seem to be putting old companies with dedicated support and product for old technologies on the edge of extinction. Mama may not take your Kodachrome away…Kodak may not exist to produce it very much longer.

Read more: http://online.wsj.com/article/SB10001424052970204138204576603053167627950.html#ixzz1ZVETJCag

If you post things on ‘Facebook’ be advised you could embarrass yourself or someone else if your not careful.

Due to the changes in Facebook’s service and site management…pictures you only want seen by your ‘friends’ could end up being seen by the whole of the Facebook universe. Don’t believe me. Just do something embarrassing or a little off color and find out for yourself.

Check out http://mashable.com/2011/09/28/new-

facebook-feature/ for the details.

Editorial: The Unspoken Reality of the Real Depression

Susan Sarandon and a whole bunch of unorganized middle class and upper middle class folks are getting their asses abused by the police protesting Wall Street and the current economy of greed and graft enjoyed by bankers and politicians but lamented by the jobless, the hopeless, the broke, the broken and the angry.

My question is where the fuck were all these people two years ago?

I guess joblessness and standing in line for social services wasn’t a possibility in their world…I guess it’s different now. We have neighbors and friends on food stamps, living in foreclosed homes, waiting for the last moment before they get kicked out on the street. There are families living out of their cars, chasing job leads one place to another while kids of the new homeless find creative ways to stay in school, so the school districts don’t find out the Smith’s are homeless.

Never mind the great number of single adults living on the edge or ruin or sleeping from one household to the other while fighting to find work. Or you can even put away your disgust and shock at young women selling themselves to finance their college education and maybe even the middle aged ones who throw up and cry having to prostitute themselves to keep their kids fed. Yeah this is the Obama economy brought to you by George Bush and years of both Democrat and Republican intransigence.

The question is what happens now? Unless we the people look out for ourselves (your government won’t …it has already failed you more than once) we will plunge headlong into a depression so bad your children won’t have jobs to pay your debts in their lifetime.

We must look to create an economy based on helping each other out and not on money. If you haven’t noticed , even if you have a job, you are under economic bondage to your employer who knows you just can’t get another job.

If you don’t have a job you are not only in economic bondage but a candidate for something more hideous than wage slavery…real slavery. Women in the United States are more open to both degradation and subjugation (sex slavery) than at any time since the great depression of the 1930’s and men in the United States are more prone to drunkenness and domestic violence since before WWII. The Churches are overburdened and your government only helps those who have cash.

Is it communism to trade your time and craft for food and shelter? Apparently it is if it doesn’t involve the bank or your government. Screw some propagandists definitions, we better look out for each other or we won’t make it as a country let alone make it as a community for very long.

RJ