THE high temples are looking shaky. Employers who embraced WorkChoices for what they thought would be larger financial gains, are they any better than employers who stayed in the old and tested centralised wage system?
It would be fair to say most companies or corporation structures would have embraced WorkChoices.
Now the markets are shaky, these supports must be having some sleepless nights.
The short term gains they received by screwing fellow workers below their rank have been eroded away by shore prices falling week by week.
These overpaid CEOs and experts try to justify their million dollar salaries for supposedly looking after our interests. (Note their salaries are deducted before dividends are paid).
These CEOs and analysts have not got any idea what’s going on or what to do, mainly with yours and my money, except down.
Not that they are worried about the living standards of investors. They are only worried about investors’ revenue contribution continuing to keep their lifestyle in their temples in the wealthier suburbs.
The lower socio economic levels can at worst, only lose his or her
cottage.
The high temple worshippers might lose their mansions too. What will hurt them more is to lose their gold and silver dollars in the modern area.
Recession or at worst depression is an equaliser of mankind. Hence all mankind was created equal. A level playing field from time to time.
No drought, banks and money lenders end up being larger landlords or dictators, or spongers on mankind.
Harwood Black
GLEN INNES