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Canada's Head Central Banker Has A Modest Proposal: "You Should Consider Working For Free"
Nine short months ago, the clever people running the show in Europe suggested a number of measures including "unpaid work for the young and unemployed up to 24 years old, so that companies would have a strong motive to hire young employees". 'Unpaid' work sounded a lot like slavery to us then but it seems the arrogance is contagious as Canada - that bastion of freedom - suggests that the employment situation is so bad that young people should consider working for free. As The Globe & Mail reports, Bank of Canada Governor Stephen Poloz said 'Adult children stuck in their parents’ basements because they can’t find adequate employment should take unpaid work to bolster résumés as they wait for the recovery to take hold'.
Here is Europe in January, the Centre of planning and Economic Research in Greece has proposed a controversial measure in order to deal with the problem of increasing unemployment in the country.
The measure includes unpaid work for the young and unemployed up to 24 years old, so that companies would have a strong motive to hire young employees. Practically, what is proposed is the abolition of the basic salary for a year. At the same time the “export” of young unemployed persons was also proposed to other countries abroad, as Greek businesses do not appear able to hire new personnel.
And here is Canada today (via The Globe and Mail),
How bad are things in Canada’s job market? Bank of Canada Governor Stephen Poloz says bad enough for young people to consider working for free.
Adult children stuck in their parents’ basements because they can’t find adequate employment should take unpaid work to bolster résumés as they wait for the recovery to take hold, Poloz said Monday in Toronto.
The Bank of Canada estimates about 200,000 young people want to work or work more, and Poloz said they may be scarred by prolonged unemployment that prevents them from moving out on their own. He said he’s been asked for advice on how young people can find work.
“Having something unpaid on your CV is very worth it, because that’s the one thing you can do to counteract this scarring effect,” Poloz told reporters was his advice to discouraged youth.
And now Canada shifts to the US "slack" model...
Job market indicators suggest there’s significant slack in the economy even with an unemployment rate that has fallen to the lowest in six years, Poloz said.
“The unemployment rate as it is today overstates the amount of improvement we’ve actually had because in the background there are discouraged worker effects,” Poloz told reporters after the speech.
...
“Unlike workers with experience who lost jobs during the recession, youth who couldn’t find work during the recession face a much greater challenge,” she said in an e-mail Tuesday. “With little to no experience and major gaps in their resume, they must compete every year for entry-level positions against a new cohort of starry-eyed bushy-tailed recent grads.”
* * *
As we concluded previously, whether it’s Europe in the 1930’s or the US during the same period (conflicts between strikers, the National Guard and armed militias), unemployment can create a powerful cocktail of unrest.
So a reminder for Canada's elites, turning your nation's young into slaves does not seem like a good solution to us...
* * *
We can't help but see the irony that one hand we have the US president demanding raising minimum wage (i.e riasing the cost of labor for those on the margin of employment) as Canada's leadership see unpaid work (i.e. cutting the cost of labor) as a way to grow employment...
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Slavery back, HOOray... oh,wait..
Not exactly for free, but for karma.
Why work for nothing?
Just stop eating.
Sideways Libertarians!
Market efficiency at it's finest.
It would be even better if the unemployed masses could pay the jobmakers to work for free... you know... considering the resume value and all.
that's what the volunteering industry is about. Kids will accept stupid reasons for doing menial work and pay hundreds of dollars a week for the privilege of doing so.
Too fucking funny!
Without a minimum wage, employers can offer employees as low as $0.01/hour. 13th Amendment problem avoided!
I can't see 25-yr-olds being too happy about this.
If I were them , I would work for free.....in a revolution army against any elite over the age of 49.....there will be plenty of PAID jobs at the end of that apprenticeship.
He must of been referring to his job. If not, drag his ass to the St. Lawrence Seaway. Give him free cement shoes.
It's a Bank Governor suggesting this. Who could have guessed?
Tell him & his entire staff to set a good example & work for free. (Modest proposal)
Well, working in Canada, with the amount I pay in federal and provincial income taxes, federal and provincial sales taxes, property taxes, taxes on those taxes, EI, CPP, medical services plan (whatever happened to our basic health care being free?) and everything else, it's pretty close to working for free as it is.
Well, your Central Bank has an idea to cut out all of that paperwork for you. Thanks again, Central Banks.
But if my job gets taken over by some kid who takes this advice and is willing to work for free, who's going to pay all these taxes that are apparently so necessary?
Taxes are primarily for the benefit of the bankers. They already bought everything.. Now is when we get to work for free.
It's bullshit. There's no upshot for bankers. No income = no taxes, no credit (debt), no housing formation. All it does is shift people from the category 'unemployed' to 'underemployed'.
"It's bullshit. There's no upshot for bankers."
Remember that the REAL problem is the monetary system of "debt as money". If there is no income someone somewhere still has to pay off their debt to the bank with money that no longer exists and is not in circulation. The bank will simply call the note and foreclose on all of the pledged collateral. If they want your property they can either buy it with money you created from your labor and paid back to them or they will just reduce the money supply and take all of your pledged collateral when you can't repay the note. Either way they end up with all your shit.
With our current monetary system it is "Heads they win, Tails you lose".
So I respectfully disagree. There is no downside for the bankers except maybe guillotines.
At least with old school slavery the masters had the decentcy to feed, clothe and house their slaves.
At least with old school slavery the masters had the decentcy to feed, clothe and house their slaves.
Or prison!... I think someone needs to ask Israel if this artifact they "obtained" and are putting to good use in Gaza can be put up for auction to the highest bidder?!!! Lord knows a Palestinian knows what it means to work for free?!!!!
Might as well get use to it when your "Masters" have outsourced all your technology for jobs overseas to find the cheapest unit of labor possible when you are no longer productive or affordable through their own actions!!!!
PS
If it starts a "revolution" I'll believe it when I see it... But I'll place my bet that it happens in Canada before it ever takes place in the U.S. or U.K. first!
They do not have the skills to pull it off. They are a lost generation that is deserving of thier starvation.
(Prove me wrong.)
@25or6to4
Yes a fed, garmented and sheltered (bar windows ) slave is a healthy happy warm community slave with matching ankle bracelets.
. . but i understand you sentiment.
The only thing I can say to this is WTF? Unpaid work will not help them get out of their parents basements.
The recovery is such a sure thing, it will come directly to the basement, might as well wait for it to come to you.
"Fuck that," was the way my teenaged daughter responded to Poloz's suggestion when she read it while surfing the Internet this evening.
As an Ontario student, she has already been forced to complete 40 hours of 'voluntary' community service in order to graduate high school.
It's always nice being voluntold to do something.
The elite just keep on finding ways of screwing the little guys...
http://olduvai.ca
I am in Ontario too some of the young lads were telling me about this last summer when I was working with them. Do private school or home schooled students have to do 40 hours of community service to graduate too or is it just the public school system? My daughter is only a year old now but I am already thinking ahead, how I can help her opt out of this retarded demeaning scheme.
Dup
Teach her real life skills.
The .gov decrees will mean nothing b/c it will not be sustainable by then.
I suspect you are correct scrappy and felt that way about 4 or 5 years ago but here we are the same freak show marches on so I would hate for her to have doors closed on her in her adult life because she didn't have a piece of paper (graduation diploma). We definately are going to start out home schooling, I am just thinking ahead and perhaps I am too hung up on the idea of a diploma, there are a few years between now and then. I would like to keep her out of the meat factories and brainwashing centres that are our schools if I can and or for as long as I can.
I think you are on the right track and wish we had done this. We went the private ( Lutheran) school route and though terribly expensive ( 100K for 2 kids preschool-12th grade) they got a very good education. My eldest did well in college and got a good job before she graduated. My youngest is still in community college trying to figure out what she wants to do but is tenacious and hardworking, unlike many of her peers.
I had wished we had explored home schooling for the amount of money we could have saved but it would have been difficult because my husband and I work full time. I hope your situation would make it easier.
Miffed
You were ahead of your time, you did the best you could. That's what matters. My 5 year old daughter is homeschooled and already knows Algebra and Chemistry. It's amazing how much and how fast they can learn. My Wife is conservative and Christian, couldn't do it without her. I love that woman.
Let's just say, the quote from Poloz will be something that the NDP and the Liberals will be able to run in advertising against the current government. Because it is completely offensive and disgusting to expect people, of any age, to work for free. Of course, Poloz probably doesn't understand that since he's a career public servant who has been more than generously compensated throughout his career and most certainly didn't have to put up with half of the bullshit that the contemporary younger Canadian has to put up with today.
Krugmans utopia?
In Krugman's utopia they would commit vandalisim, breaking windows for free causing a boom in window repair and public safety spending.
They need to do more than break windows. Perhaps some full scale arson might be a start?
Free labor? That will do wonders for unemployment.
Working full time and being paid nothing: Unempaidment
OK Poloz if I want to make a career for myself as a musician or actor maybe I will join an amateur theatre company or put on some free shows, if I want to work as a NASCAR pit crew member I will try to volunteer with a small local racing team...wait shit I don't see how this is any of the central bank govenors business! WTF?
Mind your own business bitch because if you piss the people off too much they might think its more economical use of their time to volunteer looting your house!
“With little to no experience and major gaps in their resume, they must compete every year for entry-level positions against a new cohort of starry-eyed bushy-tailed recent grads.”
'Temporarily' working for free would likely result in many businesses expecting it perpetually from that ever 'new corhort of starry-eyed bushy-tailed recent grads' -and maybe even more so with earlier vintage workers who are losing their starry-eyes and/or bushy tails who have been weathered by the last seven miserable years...
Maybe I just can't understand modern economics as well as some Central Banker/Planner can from their secure and well-paid position at the apex of the oh-so-productive monetary string-pushing system.
I dont think there is anything wrong with your understanding of economics. That other guy thinks he is a God.
Is Stephen Poloz finally admitting that central banking and government is powerless to deal with these problems? What a breath of fresh air. For his next act, perhaps Poloz should come out and admit that Gerald Grattan McGeer was right all along.
https://www.youtube.com/watch?v=zB7GbM1OgzA
Does this free "work" include fillng glass bottles full of gasoline and styrofoam and then stuffing in a gas soaked rag?
Business don't want to train nobody, so they lobby the government for more skilled migration, the government then tells the locals to work for free.
And in 2015 Canada is projected to have record high immigration.
You couldn't make this shit up.
Its not even about training. Today's Canadian youth are the most trained they ever have been. Its all about the employers feeling an entitlement to get something for nothing. Which is really disgusting.
True. You only have to look at the TFW situation. That's another flood to keep a lid on wages or alternatively ensure they can continue pay a pittance where there is a worker shortage.
Please Mr Govt, exclude us from the market. We shouldn't have to raise our wages to compete when we can source slaves from the third world and double dip by housing them in our rental slums.
Those banks/insurers/corporations are bailed out with the public treasury so they expect free labor too.
The question then becomes why not just pay people to not work so they can buy stuff?
"That's crazy!" Yeah, but no crazier than bailouts and central bank backstopping.
Imagine how that would look on a resume'.
Probably be expected to work for free from now on.
Perhaps in these unpaid jobs you can learn how to survive off dog food, or how to splice electricity off public power lines, you know, skills for the new economy.
. . . insult to injury. Hang that cunt by the neck until dead.
Is this where that stolen Dachau sign went?
Stephan Harper must be plugging the Central Planning fudge packing leaks..
The Parliament shooting equates to blowing a load into a predominant bankers asshole and calling it a profitable creampie.
;\¥
How Mark Carney got promoted. Can't blame the guy.
Another FED Wizard that can go fuck him self !!
I've already signed on with Poloz. He promised me a 30% raise in the second year!
As the father of a 29-year old daughter who has done tons of volunteer work to "bolster her resume", with still nothing to show for, I have a message for Poloz: FUCK YOU, ASSOHOLE... AND GO WORK FOR FREE YOURSELF, YOU DICKHEAD!
Money for nothing and your chicks for free.
Money from nothing and your shiksas for free.
FIFY
I guess these folks are the Free Shit Army generals...
Well, you knew that army had an officer corp, surely? That it wasn't just a bunch of privates running around with EBT cards?
Maybe it is because I am Canadian but that is actually what I would do if I was a graduate without work. I recall my cousin did that after she graduated. She offer her service for 6 months for free, which allowed her to gain experience. She didn't get hired from that employer but got good reference and found a good job thereafter. And that was back in the 80's. I think of it as sponsoring your own internship. After paying for a few years of college, adding 6 month of living expense is cheap way to imrpove your odds in a challenging workforce. It shows drive and initiative; qualities most employers value.
Next step - work for food all live, wtf the point? all people must to be paid for their work. it's fucking simple
It demonstrates that your skills are not marketable and that you have NO VALUE and will add NO VALUE.
I would not hire anyone whom will give away thier skills for free. They have no self esteem...no sense of self value.
People whom have skills with REAL VALUE are paid for those skills.
Experience will always trump education. If the only thing that prevent you from getting a job is the lack of experience, then that is what you need to get. Marketing yourselve to potential employers with a business proposition that remove risk for them while giving you that missing element (i.e. experience/reference) can be a good strategy. I am not talking of working for free indefinitively - only giving them a trial run. Just like companies wishing to enter a new industry/market may underbid a project to make a name for themselve, you are simply buying the opportunity to prove yourselve. It certainly beats letting you investment in education errode over time.
Agree & disagree... Personally, I have worked for free many times over my life, as I suspect many of us on here have. Here's the kicker: I only did it when I had no idea WTF I was doing and needed instruction. Lampworking, picture framing, working on cars, homes, whatever, if I wanted to learn it, I found a way. Sometimes it led to gainful employment and other times just some knowledge and dirty hands.
As for working for free when I have a degree in the field? GFY.
That is not work. That is going to school...the school of hard knocks...but school.
I used to sit in a Coin Store for hours after work as a Structural Steel Draftsman...and listen....and learned a whole lot.
I have used that education.
But I did not dress up, clock in, perform tasks for that coin store, clock out after my "shift", and help them make any money.
Now years later, after I started to apply what I had learned for myself, I made them some money.
Yes they profitted on what I later sold them...directly as a result of that experience. But I also profitted.
Actually it is not that simple. At least in the USA. I suggested to my younger daughter she should volunteer at my hospital as a candy striper to see if she wanted to work in the medical field. This was often done when I was an intern. Turns out, there were no volunteer jobs available in the 4 hospitals she checked out. They were taken by children of Drs and administrators giving their kids the first crack at a medical opportunity. She finally found an opening at a small rural hospital 75 miles away but that just wasn't practical. The competition is fierce and the opportunity for regular kids is limited now. I found that out the hard way and sympathize for the 20-30 year olds today.
Miffed
Help create a housing bubble then slate the idle youth living in dad's or granny's basement. why not go one further and send them to fight IS?
how about we "give " banks money based on how they help the economy. Labor particpation down...guess what banks...mandatory NO BONUS on the free printed money we give you! Hi Inflation...NO BONUSES. You want to be a private company fine...NO BANK CHARTER. You want to trade commodoties...guess what no FDIC or ANY federal insurance.
first you need shot them down to do it
Fuck that.
Unpaid work as intern over many years, that's very common in Europe. If you are lucky, you get a paid contract some year. They call them "Generation Intern".
Repudiate!
Repudiate!
We should be relieved that oil prices are down, ISIS and Obama's illegal immigrants have been suppressed until the election. We Now have to fear the Canadians jumping the boarder for free ObamaCare.
All in jest. We love you Canadian bastards. They really are trying to pull off the North American Union. We stopped them once, they are at it again. Go back to 2004'ish. Let's just keep our trade partnership the way it is. NAFTA was a democratic Clinton train wreak.
Anyhow, be aware. Heat is off the Mexican border. They will use you as new terrorism access point. All bullshit. Giving you heads up!
Too fucking cold, at least you don't have a referee who throws a pink flag and runs five minutes of commercials. Love hockey..winks
WOW. As a small business owner I have always said I would Never hire any employees but at that price, who could resist. Everyday the stupidity just keeps on growing. Hell I might even hire that Banking Govenor for free if his resume shows any possible qualifications. I would sure like to give him the opportunity to feel good about himself and work on his resume.
Message to adult children in Canada:
Two free iPhone 8s and a PS5 to the first one who wacks Stephen Poloz and posts the pics to prove it on FB.
Yeah. It is easy to get in proximity.
Just volunteer to work for him...for free.
As if volunteering to be a debt slave isn't good enough
Now the psychopaths want to see how many volunteer slaves they can get
I'd love to see the resumes
http://lowres.cartoonstock.com/history-galley_slaves-slave-shackle-chain...
As one closely related to an under 24 Canadian, I say: make them work for free, send them to the camp! Still better than non stop LOL and porn.
Obviously this isn't necessarily such an atrocious, or even ill advised suggestion:
Internship (actual LEARNING) is what theoretically occurs within the public 'school' systems. Of course that isn't free is it?
My version of being Libertarian is that absent the centralized malpractice of 'government' (the highest gang authority) we mere humans would need to provide legitimate learning to yet not fully educated persons.
Why not mentor other people who VOLUNTEER to become valuable members of society?
Or we could skip all that and instead bow down to our present 'leadership' and go with the flow.........Right down the fucking drain.
...is that absent the centralized malpractice of 'government' (the highest gang authority) we mere humans would need to provide legitimate learning to yet not fully educated persons.
You are right IF that were the case..
BUT THAT IS NOT THE CASE, IS IT?
That is the problem with your "version of being Libertarian...".
You are living in a God Damned FANTASYLAND.
And as for Fantasyland? Well Fantasyland is just a suburb of Disneyland...which in slang means PRISON.
You are just as damned enslaved by your ideals as the rest are enslaved by that which is real.
So why do you not...or perhaps REFUSE TO is the better phrase...WAKE THE FUCK UP and come to the realization that THERE ARE NO POLITICAL SOLUTIONS?
I live in Toronto. Not sure how the rest of the Province is doing. Is unemployment a suburban issue?
You'd never think it, employment being a problem, what with all the spending by the Y-Generation over at the Eaton's Center and all. I see these kids, all wearing the newest trends, waving the fancy Iphone, down at Dundas Square.
They getting the money from mom and dad????
So, what percentage of the population do you think you're seeing?
Unemployed Canadian yutes should go to the bank and ask for some free money.
It is just like a banker who does nothing and gets paid to suggest that someone do something and NOT get paid - Jesus Christ, my head go'in to explode.....
The Governor of the Bank of CANADA is a full blown retard sandwitch eating imbecile that media uses for filler on slow news days. The municipal election coverage is over and the federal and provincial politicians and policy wonks are making the regular news rounds to show Canadians that they still exist. Frankly, I think the politicians were jealous of the municipal candidates taking all the radio/TV/newspaper headlines over the last month. Once the municipal election was over they all came quickly out of the woodwork. The Parliament Hill shooting also stole much of their limelight so don't be surprised to see Steven Poloz out-and-about making a typical ass of himself before Q4 economic estimates come out and Parliament breaks for Christmas. Poloz is a wanker and most Canadians
ignore him outright. It's not like he is about to announce a rate hike or anything other than the parroting of the FED policy in the USA so we ignore the S.O.B. And the 'Globe & Mail' is our national newspaper, but they are all neo-Liberals and we ignore those S.O.Bs as well. And when it comes to unemployment in CANADA I, for one, would not have run for public office in the last election if there were actually jobs to be found in our economy. Ontario is el-fuck-O-la-ed and we are essentially dependent upon a failing US economy. Limbo has taken on new meaning here in CANADA IMHO. Our province is 12.5 Billion into deficit spending and the slimebucket neo-liberal leadership wants to spend all our borrowed money on BIG dig projects for Light Rail Transit. The Federal Government is into an election year and we are all waiting with baited breath for the negative political attack ads to start the games
of our favorite blood sport, yippie.
No need for any rate hikes in Canada. If anything, rates are way too high, especially with all the housing and O&G industry deflation in the pipeline. Poloz should be starting a QE program at this point and cutting to zero.
I agree, pitz, interest rates should come down, but they want to raise
interest rates at the first possible chance. That chance will not come as interest rates can't move anywhere other than into more limbo. So, I agree that they should stimulate business prospects by lowering the rates set by the BofC and the head retard sandwitch eater, Poloz. Moreover, if I mention Professor Emeritus Maynard Keynes around here it always turns into a pile on, but I agree that we need Keynesian stimulus. The problem with more Keynesian stimulus is that the Province of Ontario is broke along with all the other 'have not' provinces and the only governance that is pulling off 'balanced books' is the Conservative Party of CANADA. The God damned neo-Liberals have their eyes on that surplus and it looks like Justin Trudeau will be our next neo-Liberal Prime Minister of CANADA when he beats Harper out of office in the upcoming 2015 Federal election. Things don't look good on the horizon methinks. If Poloz did lower the rate and all three levels of governance coughed up on more Keynesian stimulus we would be better off in the long run, I agree.
how did you end up on this site? interest rates come down to what? they can't come down any further than they alreay are. real rates are flat to negative. you're looking to the government to save you - the very neo-liberals that you depend upon for your Keynesian stimulus are the same liberals you mock. you can't borrow then buy your way to prosperity. If that were true Keynesian stimulus would be a pemanent line item on the government's income statement. but even they know there is no free lunch. smarten the fuck up. you know there is a better way.
Poloz and Harper can go on a free trip to fight Ebola.
http://www.amnesty.org/en/for-media/press-releases/central-african-repub...
What's the matter little babies? Afraid to get caught in the Ebola lie? Go on, weather is great and you can get paid for free to travel. Oh the irony.
Obviously this isn't necessarily such an atrocious, or even ill advised suggestion:
Internship (actual LEARNING) is what theoretically occurs within the public 'school' systems. Of course that isn't free is it?
My version of being Libertarian is that absent the centralized malpractice of 'government' (the highest gang authority) we mere humans would need to provide legitimate learning to yet not fully educated persons.
Why not mentor other people who VOLUNTEER to become valuable members of society?
Or we could skip all that and instead bow down to our present 'leadership' and go with the flow.........Right down the fucking drain.
I read your post three times. I'll provide you a link below. I dated a girl 25+ years ago who lived in Little Italy in Cleveland, OH.
She was a firey non profit individual, as you know..I'm quite the opposite. After a short lived relationship of debating and good ***. We parted.
Will never forget the day Red Cross got caught red handed. Her heart must have been crushed. Will never know, lost contact with her.
http://www.damninteresting.com/retired/can-we-trust-the-red-cross/
Poloz is Ukrainian-Canadian and no doubt thinks this policy has worked in Ukraine, though they paid the guys at Maidan
Likely why Canada is bringing in a million Ukrainians now for a free ride
Volunteering isn't slavery - give your head a shake. Do you even know what slavery is? Absolutely, it does give a young kid a career edge with business contacts and resume vs. the kids on the couch gaming for 2 years.
I'll hire a kid with a resume of volunteer work over a couch potato graduate with no "get up and go" track record since graduation any time.
This article has entitlement attitude throughout it. That said, I think the public school system forcing kids to "volunteer" is a contradiction of the term and is evil.
Since you're up for the volunteering position. I need my lawn cut in Charleston, SC. Are you willing to manage my pool in Fort Myers and Marco Island? Naturally, landscape upkeep will be expected. Free of charge.
Keep in mind, I employ people to do these tasks. I prefer to help them make their children successful in this great country. Take your robots, free labor and shove it up your ass.
Even Southern plantation empires provided better living conditions.
I'll support this when you're giving your goods and services away for free.
oh oh, but um, er...
It sure was easy to buy a Mustang back then with just a summer job huh. Wake up buddy.
I don't know much about Canada because I'm from the US, but I gotta ask, " Is a "Head Central Banker" the same as a(n*) Head Nurse."
Help me please. I really care about macon the world a(n) better Plates!
Another abandoned EBT dog sniffing Uncle Janet's Federal Reserve asshole to find sanctuary in the Emerging Markets Kennel placement.
I guess its settled science your labor has no value. What else is there to say? Its worth zero zip nada. So why should any of them work? Even those with jobs are now to compete with some person working for free.
Sounds interesting. Maybe it should be tried out in the public sector first?
And our government's website proudly states that 280 000 (ish) people are immigrating here every year, and hoping that number will climb. Good job dickheads, you've brought how many millions of third world immigrants here that all apply after 3 yrs to bring their families over. And sheeple here are so proud that their healthcare is 'free'. And my wife went through this process, so I know first hand, that the first thing they asked here when she landed was the address to send the healthcare card to. I asked the guy 'WHAT! she's not a citizen, how does she get free healthcare? I already bought her health insurance.' He said everyone gets it. Fuck I was wild, I looked back at the numerous people in line that none of them spoke English, knowing exactly why it is that all in all, I end up paying around %65 of my paycheck in tax. And that, my friends is exactly why I have a pile of silver and gold now. They aren't ever touching that.
Hey kids, why don't you form criminal gangs like your crony government did and take your stuff back from them?
They don't have the skills.
+100 because I cant help but think that this guy: http://soundfxcenter.com/download-sound/krusty-hey-kids-sound-effect/ could actually help make it happen! he he heeeee
Kinda takes the minimum wage discussion to a new level, don't it?
"Historic experience suggests that in the case of economies based on slave labor the decisive factor may often be the supply rather than the demand: i.e. that slave economies can come into being because of the availability of a massive supply of slaves for whom work must be found." (Richard Pipes, Russia Under the Old Regime)(("the slave economies of the Americas are an exception to this rule")
So this has been predicted.
.
after the irs government sanctioned garnishment its basically unpaid work anyway. and then the oil companies get to manipulate the price of gas with the governments help to %6/gallon, there's more unpaid work. then .gov and the federal reserve crash the markets and take half your retirement, there's some more unpaid work. then the banks foreclose our your HOME, your castle, there's even more unpaid work.
looks to me like we all work "unpaid" already? hmmmm
I'd say, lead by example.
It's sad that today's young generation can't talk to the downtrodden generations of the depression who are mostly now all dead. They bore the same burden of debt, excess and abuse that the generations before them created, and had to live bitter, conservative and careful lives as a result. There is potential for greatness, but, hopefully without another world war.
It has been said that he ' has a gift for explaining complex issues in plain english '. Funnily enough i also have this gift , ' you can take your suggestion/opinion and shove it right up your fucking fat arse '. I know it's just a gift ( bashful , closes eyes and looks downwards, uncomfortable with this new disclosure, shucks ).
Only if we had an open, transparent and independent monetary system based on cryptographic proof rather than debt and trust in bankers and poloticians.
The very idea that any productive work could be valueless.
SCOTUS made internships illegal in the states. It was once not uncommon to learn a trade under internships when times were good. Of course that didn't include McD's
Before saying this BS, he should be work for free to set an example. Meanwhile he needs to shut his big ego mouth and stay corrupted. If he want to help the young people, he should tell them not to get into the debt for the sake of doing a useless degree.
I advise people listen to Karl Bass described how bad Canada economy is and you know why Canada Centra Bank is so desperate and so full of shit
Good that minimum wage is in effect, now the guy just finishing school knows that at least he'll get X amount! Wait wait wait, high unemployment? So while potential wages are higher it's actually harder to get any job. Wait wait wait, now working for free? So now not only do you stand in line for a job, but you actually have to keep working in this line without any compensation (except for a line you can add in your CV after slavery period).
Young people also should consider dying on the battle field. How about that?
We already have people working for free. It's called internship.
Yes, work for free.. because then you'll be fully accustomed to life inside the Terminatio.. I mean 'Protection camps'. Remember our motto here, Arbeiten Macht Frei! Enjoy your stay.
Coming soon... SELL YOURSELF INTO INDENTURED SERVITUDE for XX YEARS
soon morphing into SELL YOURSELF INTO SERFDOM (permanent servitude)
The work for free plan will work wonders for the employed who get fired in lieu of free labor.
I think there may be several volunteers living in Mom and Dad's basement ready to do unpaid work shooting central bankers.
Since central banker crime put them in those basements anyways....seems fitting. There will be no place for banker scum to hide.
Grimaldus
They could lie on their resume and say they were self-employed.
Fuck these bastards looking for slave labor.
How about Canada's Central Banker works one week for free so that some unemployed schmuck can be hired for a year on the amount saved.
Good point made about min wage: what difference does it make how much it is if you can't find a job?
For fuck sakes, there are many, many jobs to be had in Alberta.
Our local newspaper has seven pages of classified ads, five of those are for help wanted.
There is plenty of work, quit whining, get off your ass, and come to Alberta.
Stupid fucking city people think the world ends at city limits.
For jackscrews and farm boys. Not for the university-educated generally. You ain't surviving in Alberta making $12/hour serving coffee 25 hours a week at Tim Hortons, that's for sure.
These guys stating this are making millions. Their expecting others to do something they would refuse to do.
Time for people to rise up against this.
Canadaian Dhimmi
im old. in my wildest dreams i never thought id see it come to this. the nerve of these banker bastards.
So my kids work for the company for free from age 22-24. They have done a good job gotten good feed back. Are they hired on for pay after this two year gift- NO. The dirt bag company takes the next group of 18-24 year free laborers.
Today we have the government faking good numbers on the employment situation. Once this situation is in place the government will be faking bad numbers as their financiers have become addicted to slave labor.
This has become so surreal I am looking forward to a dirt nap. It is maddening living amongst people who refuse to see the system that is in place. Being awake has become an unbearable curse.
As I am forced to listen to all this election crap in the background that my stupid husband just has to listen to I am determined to get out. I am draining the bank accounts and savings and heading to Ecuador.
Later Zero Hedgers- have fun complaining.
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This shit started back in the 90's with 'interns'. What a screw-job that was, even back then.
I worked for a large magazine company, and saw the digital printing on the wall. Why hire anyone when you can just cycle through endless reams of kids coming out of school who are looking for experience?
Why pay for one good person, when you can 3 or 4 for free?
A few years after I left the industry, I looked into one of the mastheads, and the number had gone from about 3-4 when I was there, to about a dozen.
Slave labour.
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V-V
What a stupid comment Poloz. You should be fired!
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You first, asshole…
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