[lbo-talk] meanwhile, the US working class......

John Thornton jthorn65 at sbcglobal.net
Sat Dec 18 12:54:56 PST 2004



>But the 33-year-old and her husband aren't even close to making it. "Why
>don't we own our home?" she wants to know. "Why don't we have money in the
>bank? Why are we just making ends meet?"
>
>"I want to change my life," she says, "so my children won't have to go
>through this."
>
>By "this" she means the barrage of phone calls, demanding she write a
>check for her overdue car payments ($346 monthly). There's day care for
>Kennedy, her infant daughter, at $520 a month. The family's
>health-insurance premium is approaching $400 a month.
>
>It's little things, like the cubic zirconia ring on her wedding finger;
>that's all her husband, Jammie, could afford.

In spite of all this Cobbs goal is own her own Temp Service so she can help hundreds of people have an even more marginal existence than hers while she profits from it? This is warped. She wants to make a $350 a month car payment and pay $400 for health-insurance and she aspires to pay someone maybe $800 to $1000 a month while hiring them out to a company for maybe one and a half times that and pocket the difference. Something is seriously wrong with this aspiration in my view. Am I being harsh on her? I don't think so.


>Cobb didn't take the consulting job because of the money. What she was
>looking for, she said, was "room for growth," a job that promised the
>possibility of owning her own business one day. Cobb would like to start a
>temporary employment agency, and even has a name for it: K's Temporary
>Service.



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