Bankrupt, 25% unemp. What do we do?

[cobben]

Re: Bankrupt, 25% unemp. What do we do?

Detroit should produce what the masses want.

Tata Nano more expensive used than new.

200,000 Swedes wanted to buy the first 100,000 cars @ SEK 18,000 (c.a. US $2600), now there is a 30% premium on used cars over the new price.

(article in Swedish)

http://di.se/Nyheter/?page=/Avdelnin...eter%26o%3Dsp4

[MulaMan]

Re: Bankrupt, 25% unemp. What do we do?

In the U.S.S.R you had a choice - join the party and become a government employee or try and live in the private sector.

That is the path we are going down unless Americans get some balls and fire the government + government employees and let the free market sort it out.

[Chris Coles]

Re: Bankrupt, 25% unemp. What do we do?

The solution is in fact, very simple, but does not involve any unemployment by government employees; you make jobs in the private sector more attractive than those in the government. And, the only way to do that is to open up a major program to invest equity capital in any job creation idea anyone can dream of outside of government. I have set out detailed rules for such investment www.chriscoles.com/page3.html and have already asked the Bank of England for funding to test my thinking. If all we do is place the QE back into the banking system to lend it all back to the government to overpay the wages of government employees, nothing will change. We have no option but to return to investment into private initiatives that will re-create employment OUTSIDE of government.

[skyson]

Re: Bankrupt, 25% unemp. What do we do?

Gee, reading you guys is depressing.

About a decade ago, I escaped the commie dictatorship, for the "land of free". But now, I am in the "banana republic" under the iron fist of financial oligarchs.

GOD, why you are so unfair to me? :confused::confused::confused:

Actually, can we talk something else? Like hot chicks and wine stuff.

[metalman]

Re: Bankrupt, 25% unemp. What do we do?

Gee, reading you guys is depressing.

About a decade ago, I escaped the commie dictatorship, for the "land of free". But now, I am in the "banana republic" under the iron fist of financial oligarchs.

GOD, why you are so unfair to me? :confused::confused::confused:

Actually, can we talk something else? Like hot chicks and wine stuff.

post at Rant and Rave and see what happens

[LargoWinch]

Re: Bankrupt, 25% unemp. What do we do?

It's worse than that! Not only will six million newly unemployed be added to the unemployment line, the aggregate reduction in personal expenditures will fall even more than if six million private sector employees were let go because the average federal government employee makes 59% more than the equivalent private sector employee.

For more color on the above, this link may also be helpful.

Here is a sample:

Pay Excesses

On average, federal civilian wages in 2008 was $79,197, more than 50% greater than that of the average private sector employee’s wages of $49,935, according to the Cato Institute’s analysis of data from the U.S. Bureau of Economic Analysis.
Pay growth in the public sector has been much higher than growth in the private sector over the years, too. Between 2000 and 2008, wages for federal civilian workers climbed 53.7%, while wages in the private sector went up 28.5% over the same time period, according to the Bureau of Economic Analysis.
The U.S. government issued employee bonuses of some $370 million in the fiscal year ending September 2008. The largest bonus went to a Department of Energy administrator who received a $62,925 bonus in 2008 on top of his $172,200 base pay.
The average state and local government employee earns 29% more than the average private sector employee, according to The Tax Foundation’s analysis of 2007 data from the Bureau of Economic Analysis. The differences are greatest in Rhode Island (where state/local employees earn 63% more than private sector employees), Hawaii (62% more), Montana (62%), Nevada (55%), Vermont (55%), Alaska (53%) and Florida (51%).
In Vallejo, California, more than 40% of the 613 city employees had salaries greater than $100,000 in 2008. In May 2008, Vallejo filed for bankruptcy.
Taxpayers support some hefty teacher salaries in Illinois, according to the Illinois State Board of Education’s Teacher Service Records for the year ending June 30, 2008. Some examples are:
*420 physical education teachers make over $100,000/year, with the top one earning $163,000.
*332 English teachers earn more than $100,000/year, with the highest paid at $164,000.
*Would you like to be one of the 94 driver education teachers in Illinois making more than $100,000 a year? The highest paid is $170,000.

In Houston, Texas, the number of police officers has remained about the same over the past 6 years despite a 40% budget increase. The Houston Police Department budget has been raised from $480 million in 2004 to $680 million in 2010, yet the additional funds have gone to cover higher salaries, pension and healthcare benefits that are written into contracts with the city.
In New York, 121,000 state agency workers collected more than $459 million in overtime in 2007. One developmental aide clocked in 2,455 extra hours, bringing her salary from $38,500 to $110,841. That’s almost triple her base salary.

[MulaMan]

Re: Bankrupt, 25% unemp. What do we do?

The US military umbrella is going to be withdrawn and those countries are going to have to foot their own defense bills

To defend themselves against whom?

There is no such thing as "the US military umbrella" unless you consider it a closed umbrella stuck up the ass of all these countries that the US empire is currently occupying?

It is really simple - the US militray exists to enforce the US dollar and IMF debt - you don't want to pay the IMF nor support the USD? then look for regime change and an new dictator coming your way to replace the old dictator.

[metalman]

Re: Bankrupt, 25% unemp. What do we do?

To defend themselves against whom?

There is no such thing as "the US military umbrella" unless you consider it a closed umbrella stuck up the ass of all these countries that the US empire is currently occupying?

It is really simple - the US militray exists to enforce the US dollar and IMF debt - you don't want to pay the IMF nor support the USD? then look for regime change and an new dictator coming your way to replace the old dictator.

say you are 1 in 1 million armed with this info... how are you any different from a widow in a 3rd world country on a pension who knows her landlord is abusing your neighbor and is pissed off about it? what are you gonna do about it? take to the streets?

good luck...

[audrey_girl]

Re: Bankrupt, 25% unemp. What do we do?

say you are 1 in 1 million armed with this info... how are you any different from a widow in a 3rd world country on a pension who knows her landlord is abusing your neighbor and is pissed off about it? what are you gonna do about it? take to the streets?

good luck...

what do you mean a third world country in a lot of ways we are already there...

fyi:

http://cindysheehanssoapbox.blogspot...mayor-and.html

Facist is as Facist does

(my emphasis in bold)


"September 26, 2009

To: Luke Ravenstahl: Mayor of Pittsburgh

askpgh@city.pittsburgh.pa.us

412-255-2626

Nathan Harper: Chief of Police, Pittsburgh

Click on his name for a form or call: 412-323-7800

Ed Rendell: Governor of Pennsylvania

Click his name for a form, or call: (717) 787-2500

Barack Obama: President of the UPSA (United Police States of America)

president@Whitehouse.gov

202-456-1111.

Dear Men,

I am calling you “Men” because I am loathe to call you “gentlemen” due to fact that the behavior of your hired thugs in the City of Pittsburgh on the days of September 24 and 25 was shameful. True gentlemen would never allow such violence to be perpetrated from heavily armed and armored grown men to our children.

I have been watching the propaganda news about the protests against the G20 meetings here in Pittsburgh and all of the blame is placed on the activists. These are pure fabrications.

I was in the thick of things here in Pittsburgh for two and a half days and I can assure you that ALL of the violence I witnessed, and I witnessed many acts (I, myself, was even tear gassed, threatened with drawn guns, attacked by an LRAD {Long Range Acoustic Device} and verbally abused and harassed by your storm troopers) was instigated/perpetrated by cops/military that seemed far better equipped than our soldiers in combat zones. My son would probably still be alive if he had the equipment of your Urban-American invaders/occupiers.

Besides resisters being targeted, the weapons that were used by the paid thugs were used in residential neighborhoods or college campuses with accompanying and significant “collateral damage.” I witnessed a 60ish year-old woman having a panic attack on her doorstep in Lawrenceville and mothers with babies getting caught in your crap-storm.

I saw one young student name Matt on his bike near his dorm at UPITT being violently tackled by one of your goons and he was just trying to get to his dorm room. I saw two young people named Emily and Max shot with rubber bullets for the crime of walking down the street.

I and about 2000 other people were brutally attacked when we were all just peaceably gathering to march to express our First Amendment rights. Not one window was broken, not one trashcan was overturned, when about 10 minutes into the march, we were prohibited from the free expression of our rights.

I was in Schenley Plaza last night with three of my friends just observing the police brutality, when we were chased away with weapons and tear gas and we had to run about two miles from your goons to stay safe. I am still suffering the affects of the tear gas ten hours later and am so sick, I could not get on a plane this morning. We were not, and the young people were not, doing anything illegal.

“Men,” as a mother, I am writing to say that I am extremely proud of our young people who came out to demonstrate against your vicious economic and foreign policies that always orient towards war. I am as proud of them as I am ashamed of you and your paid thugs. I am often ashamed to be an American for what you all do to other countries, but am profoundly ashamed at what happened in the City of Pittsburgh in the State of Pennsylvania this week. I saw dozens of instances of your paid thugs targeting young people and as far as I am concerned, that makes them no better than child abusers.

The G20 meeting declared that you all were masters of the universe, and we just gathered to assert or re-assert our sovereignty as people of conscience, and you all were very effective at shutting our voices off.

You obviously don’t need to use your WMD on peaceful protestors, but the longer and harder that you act like thugs, the more loud, persistent and insistent our resistance will become. We have the basic human right to stand up and fight back against your violence and oppression.

We clearly do not want to hurt you (you're the ones with the weapons, remember), but conversely, you clearly want to hurt us, and very badly.

We can’t allow you to do that anymore!

As a mother and as a citizen of this failing state, I insist, no I demand, the release of any of the G20 political prisoners that you are still illegally detaining. I also demand an apology from you all, to myself, the other resisters, and this nation, for your unacceptable behavior of the past few days.

I also demand disciplinary action taken against the true thugs with the badges who committed these crimes.

Looking forward to hearing from you all,

Cindy Sheehan

Peace Mom and Mother of

Casey Sheehan

[cjppjc]

Re: Bankrupt, 25% unemp. What do we do?

Are we 100% sure these weren't right wing nuts. You know the birthers, the racists. The ones who are fomenting violence.:rolleyes:

[Godozo]

Re: Bankrupt, 25% unemp. What do we do?

To defend themselves against whom?

Asia will figure things out, although they each have problems of their own. Don't be surprised if you see a sudden import market of American women looking for a better life as concubines in China and Wives in Northern India (where they'll watch their female offspring die off...).

As for Europe, I expect that within two years of the US leaving, you'll hear a newly rearmed United Europe cry out "Allahu Akbar!" They'll submit, all right...

[jpatter666]

Re: Bankrupt, 25% unemp. What do we do?

To defend themselves against whom?

There is no such thing as "the US military umbrella" unless you consider it a closed umbrella stuck up the ass of all these countries that the US empire is currently occupying?

It is really simple - the US militray exists to enforce the US dollar and IMF debt - you don't want to pay the IMF nor support the USD? then look for regime change and an new dictator coming your way to replace the old dictator.

Oh please. I'm waiting for the "It's all an Illuminati plot!" posting.

[Techdread]

Re: Bankrupt, 25% unemp. What do we do?

As for Europe, I expect that within two years of the US leaving, you'll hear a newly rearmed United Europe cry out "Allahu Akbar!" They'll submit, all right...

Submit how? long before the vikings first set eyes on the Americas, Europeans were pushing back the tide of Islam.

We will assimilate them, along with Turkey.

[ThePythonicCow]

Re: Bankrupt, 25% unemp. What do we do?

long before the vikings first set eyes on the Americas, Europeans were pushing back the tide of Islam.

Yes, but it was touch and go there for a few centuries, at least by the history books I read.

[ThePythonicCow]

Re: Bankrupt, 25% unemp. What do we do?

Oh please. I'm waiting for the "It's all an Illuminati plot!" posting.

Never trust a good rumour until it has been labeled an "Illuminati plot" at least three times .