European unions protest over pay

[Joanne98]

LJUBLJANA (Reuters) - Thousands of protesters took to the streets of Slovenia's capital on Saturday to denounce low pay and corporate greed across Europe as politicians and central bankers called for wage restraint to combat inflation.

At a time of surging food and energy prices worldwide, the European Trade Union Confederation organized what it described as a show of anger and determination to improve on the "poverty wages" of more than 30 million workers across the continent.

"This is a protest against the situation in the whole of Europe," said Reinhard Dombre, head of Germany's trade union federation. He was one of a crowd that police estimated at 10,000 and organizers at 35,000.

"We only want higher wages, the inflation we can't stop," said Elmer Zubrovic, 41, a Ljubljana worker.

Company profits have risen for more than a decade, but the share of wealth going into wages has shrunk and the divide has widened between those at the top and bottom, ETUC, an umbrella body for unions across the continent, said.

John Monks, head of the European Trade Union Confederation, said Saturday's rally was a show of anger and determination on pay and also the injustice of top managers earning as much as 300 times the wage of their workers.

http://www.reuters.com/article/newsOne/idUSMOL54474020080405

[DJ13]

1. as politicians and central bankers called for wage restraint to combat inflation

They never call for "profit restraint" to counter inflation.

:eyes:

[sam sarrha]

3. i am posting this in light if the Recession/inflation scare news... Greenspan's a Farce >>Link>>

MONDAY, MARCH 31, 2008

Dr. Greenspan's Amazing Invisible Thesis
By JIM MCTAGUE | MORE ARTICLES BY AUTHOR

...snip
"Greenspan, who left the Fed in 2006 but is still consulted as a genius, might find a metallic exoskeleton exceptionally comforting come May, when the University of Texas Press publishes an unflattering book by Robert Auerbach entitled Deception and Abuse at the Fed: Henry B. Gonzalez Battles Alan Greenspan's Bank.

Auerbach, a veteran Fed basher, portrays Greenspan as a real-life Professor Marvel -- who, through double-talk or "garblement," transformed himself into a mighty economic wizard à la Oz. Auerbach strongly implies that Greenspan's 1977 Ph.D. from New York University was obtained in a few months with little more rigor than a matchbook-cover art degree and that Greenspan has kept his Ph.D. thesis secret in order to protect his vaunted academic reputation"....snip

http://online.barrons.com/article/SB120675340444773623.html?mod=b_hpp_9_0002_b_this_weeks_magazine_home_right

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x37344

the Federal Reserve Bank was just declared a Privately owned institution by the Congress

[sam sarrha]

2. the Cleptocrats are mentally deficient.. >>LINK>> they are not intellectually capable of figuring

this Crisis before it is too late, they think they can steal it all,

how much longer can they keep Fucking things up before the masses, out of self defense, rise up against them in an ol fashion French Revolution

http://www.abc.net.au/news/stories/2007/09/10/2028113.htm

all the problems today can be linked back to inequality of the division of wealth.

we need to build solar and wind farms, but they have tied up all the money.. and now have destroyed the ability to get credit to build what will save us all..

we will all just follow them straight to hell in a hand basket, no one even rolled their eyes when McCain said we could be in Iraq for 100 years. no one crapped in their pants when he said his administration would be Bu$h43's 3rd term. well.. i did have to change my shorts.:blush: