Comments by "Kim O\x27Brien" (@kimobrien.) on "What Makes U.S. Shipping So Difficult | CNBC Marathon" video.

Its the Railay "Slave" Labor Act. In the 1950's a train crew was 5 people today the bosses want to run longer trains with just two crew and want to reduce that to one. Not tp mention all the other jobs that have been eliminated.
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@dlewis9760 The caboose also served as the conductors office and sleeping quarter's for the crew of a fireman, an Engineer, a Conductor and two brakemen. Since you could sleep in the caboose you didn't need to find a ride and pay up front for out of town sleeping quarters. Accidents like the one in Quebec would have never happened with a crew on board the train. .
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@sailingmartlet33 Rail Road Bosses set shipping rates NOT unions. As I said earlier Bosses raise prices until they see a drop in profitability. Central Bank generated inflation takes the place of the old fashion wage cut which would provoke strikes. By printing more dollars and creating more debt for the rich to buy instead of them paying taxes the value in dollars of property continually rises while bosses hold down wages as "inflationary." When in fact inflation is generate by the central bank and the boss hunger for more and bigger profits and capital value. It was Keynes who first advised the British Capitalist to rob the workers with a central bank and currency inflation rather than wage cuts.. The value of the English Pound in gold and silver had been previously set by Isaac Newton and with fe exceptions had been stable for 300 years,
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@dlewis9760 Sure it makes sense to bosses who throw workers out of a job are able to temporarily increase private profits at a social cost to the newly unemployed workers. Mean while the Capital value rises but the number of workers goes down meaning that the rate of profit will eventual slump as prices tend towards the cost of production. That's why they become too big to fail and need a government bailout of private industry. They want to squeeze every last bit out of the investment made so onv=ce the railroads are on the verge of collapses they go to Congress with a hand out for recapitalization. Once re capitalized at public expanse then they are sold off for a song ans a dance to the same kind of private efficacy.
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@GintaPPE1000 That is NOT what happens instead a rise in wages cuts into profits first which is why companies fight so hard against wage raises and anything that could increase labor time like safety and anything that would limit the number of hours in a oay period..They want you working the longest hours at the lowest wages at the quickest pace in a pay period. Your unpaid labor is the source of all the profits and pays all the overhead costs. They raise prices only if they can increase profits if demand goes down then production which is the source of the profit slows and overhead costs as a percentage of costs rise.
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@mafiousbj The railroad workers were made into slaves by the Railway "Slave Labor" act. It is almost impossible to go on strike.
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@maxwalsh234 No its people like you who are the ones pretending that capitalist Democrats are the saviors of mankind. Trump points out your hypocrisy and you go wild.
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@maxwalsh234 Queen Hillary was the candidate of indigestible promises by.coal bosses and steel magnates alike. People like Warren Buffet who brags about paying less taxes than his serrate and wanys bigger profots from BNSF. Jeff Bezos owner of the Washington Post and Amazon.
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@michaelb247 Capitalist Democracy just like Ancient Athens was a Democracy for the slaveholders.
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@maniswil2 The railroad bosses are no different than any other companies bosses they want the production workers working the longest hours for the lowest pay. They want ti convince you that your part of the company like Warren Buffet who owns the BNSF. He sits in an office all day bragging about paying less taxes than his Secretary and he wants you to fire you because you don't meet his point system requirements by coming to work with 2 hours notice when ever they decided you are needed. He drives a 9-5 'desk where safe operation of desk drawers and paper cuts from improper handling of the Wall Street Journal are the safety issues for a few billion a year while you drive a train with a 100 cars down tracks at 70 miles an hour with no sleep and a conductor in the same condition. Buffets solution? Get rid of the conductor and pay the Engineer a few more dollars.
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@indsov2010 Typical company loyalist crying about unfair his life was. After all no one was willing to work for less than he did.
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@joebloe1401 Thats because getting a computer to preform the tasks of a driver is not as easy as the who say it can be done. Many things can happen that a driver will recognize right away that even the best computer programs can't. Artificial Intelligence is just a long held myth. Road signs are placed to continual train drivers in how to drive they can't readily train a computer in the same way. They would need to erect all kinds of electronic systems to communicative with the self driving truck.
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@steeldriver5338 Since 1973 all the new productivity has been going into the bosses pockets.
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@saikou1490 The big profits are in moving huge amounts of freight not a few passengers who would obstruct freight movements.
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It will be an even more powerful oligarchy afterwords.
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@GintaPPE1000 You take our jobs so you can sit back and be lazy profit takers. The rail roads issue layoffs and have closed hundreds of depots and decommission hundreds of miles of track. Any legal strike called by railroad or airline workers requires permission from a capitalist federal judge because any tie up of an airline or rail terminal quickly cascades across the whole system. Since 1973 all the increases in productivity have been going to the capitalist bosses as reported by the bosses own federal reeves bank.
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@GintaPPE1000 By using central bank generate inflation you can hold down wages while profits and property values rise. Its the secret of how capitalism avoids the old fashion wage cut when the currency was connected to the value of gold and silver. The natural tendency of profit rates to fall as machines replace labor is counteracted by taking the advice of Keynes to rob the working class with a central bank generated inflation.
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