CNBC Banned Words

Yesterday’s shameless whitewashing of the Apple sweatshop story made plain what CNBC really is: an infomercial for multinationals.

Banned words:
Global labor arbitrage
Maquiladora
Sweatshop
Sweatshop wages
Project Lean
Saipan
Giant sucking sound
Offshoring
Record immigration
Food stamps

Sometimes these subjects are brought up by guests on CNBC. But then Larry Kudlow immediately begins to shout and changes the subject – just doing his job protecting the romanticized “Gone With the Wind” version of the global economy – putting a happy face on the destruction of the American middle class.

If you pay attention, you will see that whenever the subject of sweatshop wages comes up in the mainstream media, no actual wage numbers will be mentioned. For example, one of the staples of propaganda is the story that goes: “Oh my god! Oh my god! Wages have soared 20% in China! Companies are moving plants back to the USA!” But they never tell you that those wages have gone from $1 per hour to $1.20 per hour. Right? Because if they did that, then people like me would start doing some calculations. See this WSJ article as an example.

Keep up the good work CNBC! America will be in ruins any day now!

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