I heard this news story the
other day, "The worst housing downturn in seven decades," okay, lets be honest about something here. They are referencing the "Great Depression" of the 1930's when the American population was only a 150 million people. So just by the weight and the sheer volume of the numbers and of the dollar amounts involved, we are talking about a home foreclosure crisis which, by itself, becomes an event unprecedented in the annals of American history and in all world history, as well.
After over a decade of perpetual war, suicides among active duty
military personnel exceed three each week. 164 last year, 159 the year
before and that's still only counting those on active duty. We can build
better armored tanks or the stealthier aircraft but people break,
they're fragile. You can't put young people under murderous stress after
training them to do the opposite of what they have been taught all of
their lives without breaking some of them. The war has become unpopular
now and so is no longer newsworthy, but they still must grind on, doing
the ugly work of empire.
The largest level of debt among our people isn't from credit cards or
from auto loans, it is from student loans. The average student loan debt
is $22,500 but a $100,000 is a common figure, just for a Bachelor's
degree. Counter intuitive isn't it, that while the media sells us the
myth of personal irresponsibility the highest debt owed by Americans is
for self improvement. They graduate into the worst job market since"
anybody? Shh" we don't speak of such things; from a high of ten percent
unemployment in October of 2009, the unemployment numbers have been
massaged downwards while the actual number of unemployed peoples changes
little. That official ten percent figure was the official filtered
number; the unfiltered number was closer to 19 percent.
US unemployment during the Great Depression hit a high of 23.5 percent,
but back in thirty two they weren't quite as sharp about spinning and
paring down numbers as they are today. There is a fundamental difference
here which makes this worst down turn in seven decades far different
from the last. In 1932, the factory gates were only closed. Today, the
factory gates no longer exist. They are gone, shipped overseas, in a for
profit orgy gone mad scheme and the jobs aren't coming back anytime in
the foreseeable future.
How could this happen? After all of our politicians from both political
parties had all promised us that Free Trade would be so good to us.
"US business firms
enjoy greater flexibility than their counterparts in
Western Europe andJapan
off surplus workers, and to develop new products. At the same time, they
face higher barriers to enter their rivals' home markets than foreign
firms face enteringUS
technological advances, especially in computers and in medical,
aerospace, and military equipment; their advantage has narrowed since
the end of World War II.
The onrush of technology largely explains the gradual development of a
"two-tier labor market" in which those at the bottom lack the education
and the professional/technical skills of those at the top and, more and
more, fail to get comparable pay raises, health insurance coverage, and
other benefits. Since 1975, practically all the gains in household
income have gone to the top 20% of households. Since 1996, dividends and
capital gains have grown faster than wages or any other category of
after-tax income." -- The CIA World Fact Book
This was recently published by the Bureau of Labor Statistics, "The
share of families with an unemployed person fell from a peak of 12.4
percent in 2010 to 11.5 percent in 2011. Of the nation's 78.4 million
families, 79.8 percent had at least one employed member in 2011." What a
masterpiece of Orwellian "New Speak" by simply inverting the number and
turning it around the other way you see the truth displayed, 20.2
percent of American families DO NOT have at least one employed member.
Boston area consumer prices rose 1.8% last
month, in Chicago
1.2%, Mountains and Plains states 1.0% as well. Or as my boss used to
say, "a 2% discount per month is 24% per year." So it follows that a 1%
monthly CPI increase amounts to 12% annual increase against an average
wage growth of 3% per year. Worker productivity has increased every year
averaging 3% over the last five years thus making their employers more
money and yet workers wages"fell. Similar indeed, that in the decade
before the crash of 1929 worker productivity rose 20% as wages rose only
5%
In 2005, the Congress of theseUnited
States
Abuse Prevention and Consumer Protection Act." Just a sheer coincidence,
of course, that this law would be passed making it more difficult for
the average Joe six pack to discharge their debts through bankruptcy,
while at the same time the bill made it easier for business to discharge
their bad debts. How could they have known? It must go down in history
as one of the greatest events of prognostication of all time, that they
would pass a bankruptcy reform act which penalizes the populace and
rewards the corporate, just in time, just thirty six months before the
worst down turn in seven decades occurred. But who was it, who was it
who were abusing the laws and just who was it, that were protected by
this Congress?
Since 2010, nearly 300,000 teachers have lost their jobs, what does an
unemployed school teacher to do for employment in the worst economic
down turn in seven decades? Then were are almost 52,000 layoffs in the
Post Office last year, not surprising then that our economy sputters,
starved for fuel, starving workers, starving families and stealing hope
and opportunity.
"Values have shrunken to fantastic levels; taxes have risen; our ability
to pay has fallen; government of all kinds is faced by serious
curtailment of income; the means of exchange are frozen in the currents
of trade; the withered leaves of industrial enterprise lie on every
side; farmers find no markets for their produce; the savings of many
years in thousands of families are gone. More important, a host of
unemployed citizens face the grim problem of existence, and an equally
great number toil with little return. Only a foolish optimist can deny
the dark realities of the moment." -- Franklin Delano Roosevelt
"With the changing economy, no one has lifetime employment. But
community colleges provide lifetime employability." -- Barack Obama
Obama's marketing plan is to make students add to their own student loan
debt by attending community colleges who work in lock step with
corporations to make employees go into debt paying for their own
training. Training them to work at the Gap, Banana Republic and
McDonalds. Union jobs have historically offered apprenticeship programs
where the worker gets paid while they train but Obama has turned that on
its head by adding a pay wall just to apply for a menial job.
From: Daily Job Cuts- "By a 4-1 vote, the Equal Employment Opportunity
Commission approved the rules for employers who use criminal background
checks, calling for careful consideration of how and when such reviews
can be used in pre-employment screenings and in the workplace because of
their potential to be biased against certain groups, such as racial
minorities."
Again Orwellianism, as government warns employers, investigate all you
like, stick your finger up their ass if you feel that you need to, only,
just be careful! The background check is only one tang of the fork,
which together with the credit check and the drug screen perfect the
trifecta to deny Americans employment.
InFlorida
the numbers nationwide, and yet the only answer homeowner's receive
from their government is to try and sell out while you still can. Or to
fill out endless bank forms and to basically beg you be allowed to keep
your home. The banks have little interest in helping these struggling
homeowners because the bank can take the deed on the defaulted property
to the F.D.I.C. and they will be made whole on their loss. Obama's HAMP
mortgage program will pay the bank a maximum of $1,500 to modify your
mortgage. Right now, 7.4 out of every 1000 homes in the Untied States
have been foreclosed and the number of Americans who own their own home
has fallen to the lowest number in seven decades.
Do we live in a world filled only with accidents and random events?
Could all of these things be happening to us so randomly? Could all of
these miseries and misfortunes be the fault of accidents or perhaps some
sort of a divine punishment?
"Sometimes I wonder whether the world is being run by smart people who
are putting us on or by imbeciles who really mean it."- Mark Twain
Barack Obama's cat food commission, Paul Ryan's budgets, cuts
everywhere, blood spattered on the killing floor. Mitt Romney calls for
massive budget cuts and increased military spending spitting into the
teeth of a national poll where 78 percent of American's say military
spending is too high. Romney says these things because he's trying to
lose, and he's trying to move the goal posts further to the right.
Reading
laws along with the criminalization of dissent, the future appears
effluent. Gritty with the tomato seeds of big media, watery with TV and
infotainment, what does government offer to us which represents us here?
What are they doing to aid or assist the American people struggling
through the worst down turn in seven decades? Are they assisting the
student? Are they assisting the elderly? Are they assisting the infant
or the job seeker, the soldier, the sick or the senior?
They are only serving themselves and now, they have declared war upon us.
After over a decade of perpetual war, suicides among active duty
military personnel exceed three each week. 164 last year, 159 the year
before and that's still only counting those on active duty. We can build
better armored tanks or the stealthier aircraft but people break,
they're fragile. You can't put young people under murderous stress after
training them to do the opposite of what they have been taught all of
their lives without breaking some of them. The war has become unpopular
now and so is no longer newsworthy, but they still must grind on, doing
the ugly work of empire.
The largest level of debt among our people isn't from credit cards or
from auto loans, it is from student loans. The average student loan debt
is $22,500 but a $100,000 is a common figure, just for a Bachelor's
degree. Counter intuitive isn't it, that while the media sells us the
myth of personal irresponsibility the highest debt owed by Americans is
for self improvement. They graduate into the worst job market since"
anybody? Shh" we don't speak of such things; from a high of ten percent
unemployment in October of 2009, the unemployment numbers have been
massaged downwards while the actual number of unemployed peoples changes
little. That official ten percent figure was the official filtered
number; the unfiltered number was closer to 19 percent.
US unemployment during the Great Depression hit a high of 23.5 percent,
but back in thirty two they weren't quite as sharp about spinning and
paring down numbers as they are today. There is a fundamental difference
here which makes this worst down turn in seven decades far different
from the last. In 1932, the factory gates were only closed. Today, the
factory gates no longer exist. They are gone, shipped overseas, in a for
profit orgy gone mad scheme and the jobs aren't coming back anytime in
the foreseeable future.
How could this happen? After all of our politicians from both political
parties had all promised us that Free Trade would be so good to us.
"
Western Europe and
off surplus workers, and to develop new products. At the same time, they
face higher barriers to enter their rivals' home markets than foreign
firms face entering
technological advances, especially in computers and in medical,
aerospace, and military equipment; their advantage has narrowed since
the end of World War II.
The onrush of technology largely explains the gradual development of a
"two-tier labor market" in which those at the bottom lack the education
and the professional/technical skills of those at the top and, more and
more, fail to get comparable pay raises, health insurance coverage, and
other benefits. Since 1975, practically all the gains in household
income have gone to the top 20% of households. Since 1996, dividends and
capital gains have grown faster than wages or any other category of
after-tax income." -- The CIA World Fact Book
This was recently published by the Bureau of Labor Statistics, "The
share of families with an unemployed person fell from a peak of 12.4
percent in 2010 to 11.5 percent in 2011. Of the nation's 78.4 million
families, 79.8 percent had at least one employed member in 2011." What a
masterpiece of Orwellian "New Speak" by simply inverting the number and
turning it around the other way you see the truth displayed, 20.2
percent of American families DO NOT have at least one employed member.
1.2%, Mountains and Plains states 1.0% as well. Or as my boss used to
say, "a 2% discount per month is 24% per year." So it follows that a 1%
monthly CPI increase amounts to 12% annual increase against an average
wage growth of 3% per year. Worker productivity has increased every year
averaging 3% over the last five years thus making their employers more
money and yet workers wages"fell. Similar indeed, that in the decade
before the crash of 1929 worker productivity rose 20% as wages rose only
5%
In 2005, the Congress of these
Abuse Prevention and Consumer Protection Act." Just a sheer coincidence,
of course, that this law would be passed making it more difficult for
the average Joe six pack to discharge their debts through bankruptcy,
while at the same time the bill made it easier for business to discharge
their bad debts. How could they have known? It must go down in history
as one of the greatest events of prognostication of all time, that they
would pass a bankruptcy reform act which penalizes the populace and
rewards the corporate, just in time, just thirty six months before the
worst down turn in seven decades occurred. But who was it, who was it
who were abusing the laws and just who was it, that were protected by
this Congress?
Since 2010, nearly 300,000 teachers have lost their jobs, what does an
unemployed school teacher to do for employment in the worst economic
down turn in seven decades? Then were are almost 52,000 layoffs in the
Post Office last year, not surprising then that our economy sputters,
starved for fuel, starving workers, starving families and stealing hope
and opportunity.
"Values have shrunken to fantastic levels; taxes have risen; our ability
to pay has fallen; government of all kinds is faced by serious
curtailment of income; the means of exchange are frozen in the currents
of trade; the withered leaves of industrial enterprise lie on every
side; farmers find no markets for their produce; the savings of many
years in thousands of families are gone. More important, a host of
unemployed citizens face the grim problem of existence, and an equally
great number toil with little return. Only a foolish optimist can deny
the dark realities of the moment." -- Franklin Delano Roosevelt
"With the changing economy, no one has lifetime employment. But
community colleges provide lifetime employability." -- Barack Obama
Obama's marketing plan is to make students add to their own student loan
debt by attending community colleges who work in lock step with
corporations to make employees go into debt paying for their own
training. Training them to work at the Gap, Banana Republic and
McDonalds. Union jobs have historically offered apprenticeship programs
where the worker gets paid while they train but Obama has turned that on
its head by adding a pay wall just to apply for a menial job.
From: Daily Job Cuts- "By a 4-1 vote, the Equal Employment Opportunity
Commission approved the rules for employers who use criminal background
checks, calling for careful consideration of how and when such reviews
can be used in pre-employment screenings and in the workplace because of
their potential to be biased against certain groups, such as racial
minorities."
Again Orwellianism, as government warns employers, investigate all you
like, stick your finger up their ass if you feel that you need to, only,
just be careful! The background check is only one tang of the fork,
which together with the credit check and the drug screen perfect the
trifecta to deny Americans employment.
In
the numbers nationwide, and yet the only answer homeowner's receive
from their government is to try and sell out while you still can. Or to
fill out endless bank forms and to basically beg you be allowed to keep
your home. The banks have little interest in helping these struggling
homeowners because the bank can take the deed on the defaulted property
to the F.D.I.C. and they will be made whole on their loss. Obama's HAMP
mortgage program will pay the bank a maximum of $1,500 to modify your
mortgage. Right now, 7.4 out of every 1000 homes in the Untied States
have been foreclosed and the number of Americans who own their own home
has fallen to the lowest number in seven decades.
Do we live in a world filled only with accidents and random events?
Could all of these things be happening to us so randomly? Could all of
these miseries and misfortunes be the fault of accidents or perhaps some
sort of a divine punishment?
"Sometimes I wonder whether the world is being run by smart people who
are putting us on or by imbeciles who really mean it."- Mark Twain
Barack Obama's cat food commission, Paul Ryan's budgets, cuts
everywhere, blood spattered on the killing floor. Mitt Romney calls for
massive budget cuts and increased military spending spitting into the
teeth of a national poll where 78 percent of American's say military
spending is too high. Romney says these things because he's trying to
lose, and he's trying to move the goal posts further to the right.
laws along with the criminalization of dissent, the future appears
effluent. Gritty with the tomato seeds of big media, watery with TV and
infotainment, what does government offer to us which represents us here?
What are they doing to aid or assist the American people struggling
through the worst down turn in seven decades? Are they assisting the
student? Are they assisting the elderly? Are they assisting the infant
or the job seeker, the soldier, the sick or the senior?
They are only serving themselves and now, they have declared war upon us.
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