I am not so much hearing the Obama as a savior message as some here from regular people, its mostly coming from the MSM, as well as from Obama's detractors trying to build upon the McCain "celebrity" ads.
The president no matter what party will have little influence or desire to change the status quo in reality. If we want real change we need to change congress, to break the stranglehold of corporate interests and lobbyists. And to do this we really need to start at the grass roots - state and local races - these folks at the local level eventually become the governors, mayors, congressmen of the future so we need to support more labor and poulist leaning people downticket - this is the greatest opportunity to influence govt as well as develop the leaders of the future.
In general , a bad democrat will be marginally better than a "good" republican for working people, but not by much. We need to remind the democrats who their base is, just like the religious right is constantly doing for the republicans.
I am of mixed mind presidentially, there just is no viable third party choices and if their were the deck is stacked so against anyway. On one hand I have to lean Obama, because at least he is proposing the bandaid solutions of increased social safety nets - something sorely neeeded but fails to address the structural trade and economic problems. OTH, it may take another humiliating defeat for democrats again at the hands of McCain, before the democrats finally get back to their roots.
This election season sucks, and is the mother of lesser of evils choice
``The worst is yet to come in the U.S.,'' Rogoff, a Harvard University professor of economics, said in an interview in Singapore today. ``The financial sector needs to shrink; I don't think simply having a couple of medium-sized banks and a couple of small banks going under is going to do the job.
Freddie Mac and Fannie Mae ``should have been closed down 10 years ago,'' he said. ``They need to be nationalized, the equity holders should lose all their money. Probably we need to guarantee the bonds, simply because the U.S. has led everyone into believing they would guarantee the bonds
Tarjay: They actually offshore outsource as much of their operations as possible. So, while they import way cooler cheap stuff, don't think in terms of labor they are any better than the Big box.
It looks like this is a one time movie event where they have scheduled some sort of conferencing Q&A along with the showing, nationwide (it's good to be Blackstone). I cannot go there is nothing even remotely near me, but while I suspect this is going to appeal to those neocon, privatization types, I'm really not so sure that's what they are recommending at all here in terms of policy. David Walker, while sure I believe he is a conservative I think he's being truly honest about the US budget deficits and the issue with rising health care costs.
To create a nonprofit hedging the bets for the poor. But frankly the first thing that came to mind when dealing with large amounts of potential wealth (in reality) was massive corruption.
It is possible to simply take a certain percentage of commodities off of the free market to be given to the poor by some mechanism instead?
I'm not up on all of my UN, World Bank, IMF corruption schemes supposedly for the poor as well as how free trade has been marketed to help the poor but if history is any lesson, well such an idea would have to take into account every method already tried to screw the poor.
I mean with a three quarters of a trillion dollar in sales yearly...i somehow I think we're swimming against the current, but frankly if the total market actually shrinks (which I doubt the way people have a tendency to reproduce), then this idea could be captured in the rip current.
It's really only a major government action which could do this...but that said, a competitive market which is nonprofit, subsidized by governments could be initiated.
This might sound crazy, but I was just thinking the same thing! Well, specifically, I was wondering why couldn't the pharma industry be a non-profit one? Or why couldn't some adventurous social entrapanuer start a not-for-profit drug company? I know it sounds insane, but just focus on one drug, be a generic, and try and get grants so that the drug could be given away! Ok, I haven't thought out the economics of this.
....and the accepted paradigm is that human culture has gone through various phases which I won't bore you with here. The thing is a very peculiar phenomenon is now occurring. Since the age of mass communications which allows the voice of one person to reach millions we've seemingly regressed to a prior form of social organization called 'The BIg Man' where one person was given the authority to organize everyone else's lives.
Obviously this won't work today with culture composed of millions of troop members instead of 50 as you find in hunter-gatherer groupings.
Yet, folks cling to this hope that 'The One' will come along and save us. That dependency is of course still hard-wired into us. Almost makes me wish Obama would win so folks could learn how that's not gonna work. Problem with that is it would be very damaging to the 'progressive' cause as the cud-chewers believe Obama is a 'progressive'.
We could be seeing a transition coming to a new social order....
...yet the citizenry continues to chew it's cud. Frankly I am NOT an Obama fan but I would not want to wish what's going to happen to the next President on anyone....
Except McSame.
He and Nancy and all 'the boys' in Congress deserve to be in charge when the shit hits the multiple fans. They are the ones who are responsible. My post Bush sends National Guard to Georgia... tries to point out that the meme 'Bush did it...' is mostly a lie.
In conjunction with this post I can see the Dems getting a real rude surprise. If not this year then in the off-year election. And folks say Bush is stupid!
Maybe....
But he looks to be a damn site smarter than the 'Democrat' Party.
OT: The site is really starting to pickup with some really quality posts Robert. Good freakin' job!
That's no lie, there were already riots going on in the streets and people were marching on Washington by the time FDR came into office.
But, people need to demand real trade, economic policy change right now.
I like the title. Frankly what the hell is that which makes people think Obama is going to do something? Has he said he's going to tackle this tsunami coming at us? No. Is there a plan beyond dumping the costs of this fiasco onto the US taxpayer plus go ahead and allow millions of Americans to lose their homes?
Their GSE bailout bill supposedly only helps about 400k homeowners.
Look at the Instapopulist and see that Barrons is basically reporting the GSEs are going down as we type.
Let's start with the fall in Real Wages. According to the BLS, wages have been falling for at least the past year after inflation, see http://www.bls.gov/news.release.pdf/realer.pdf. The pattern is true for 2 years, most wage categories.
Of the 2.5 million total IT jobs all categories created since the mid 70's, 1.2 million have been handed to H1B visas since 1990. The loss of 3 million manufacturing jobs since 2001 were not replaced by by tech jobs. At the current rate of replacement, all domestic tech workers will be replaced in less than a generation by H1B Visa holders.
So the answer to why falling wages and why replace U.S. workers is just connect the dots. You bet it's conspiratorial. The numbers were set down in WTO agreements going back 30 years and renegotiated at the 2008 Doha Round. How is planning to take the work of others not a conspiracy?
The trade-off between tech and manufacturing was a social contract. When steel contracted in the 1979 to 1983 period, tech was held up as the replacement. In the shell game that ensued, tech jobs were then sent off-shore or outsourced.
As for extermination, there is no better graphic than Death,
Disease, War and Famine: the 4 Horsemen.
CT stands for conspiracy theory. While one can reach some of these conclusions and I certainly will sign onto the conclusion that our government has not doing it's primary job, which is to protect and enhance the lives of it's citizens, you need to go into statistical, factual detail versus write some sweeping generalization statements.
There are plenty of people out on the Internets saying this, and hence other people ignore it.
You need to go into the factual details of why and how this is happening.
For example, the intent is not necessarily to wipe out the middle class as a goal, more of a by-product of corporate agenda and special interests dictating policy and what our government does for their short term agendas.
Capitalism, especially in its current incarnation, proliferates false needs. If we could get this straight, debt levels, and unfortunately much GDP would drop precipitously.
The idea is there are just some things, you really can do without, but we all choose to have anyway. A recession puts an exclamation point on the FALSE in every economic transaction.
An academic debate raged for years over the size and durability of the American Middle Class. The size and income of the Middle Class was seen as a bulwark against Totalitarianism and Economic Depression. Now the Middle Class is officially viewed by the senior members of the New World Order as expendable, both by membership and income level. This mass extinction goes far beyond economics.
- Obama and McSame have both pledged support for H1B Visa levels, devastating tech worker growth to zero and wiping out jobs. Tech workers wages have fallen by half since 2000. Workers forced to do 'knowledge transfers' have committed suicide.
- Obama and McSame pledge support for Comprehensive Immigrations Reform for 2009. Together with Manufacturing Job extinction, the Bush Housing Crisis will create 30 million domestic refugees will be created in the next 5 years.
- FDA revealed the source of contaminated Jalapeno peppers under extreme pressure from Dobbsian muckraking. Sources of dangerously contaminated shrimp from China and thousands of other sources remain beyond inspection or Country of Origin Labeling. Millions of NWO food based executions are likely.
- Older workers forced to accept private medical insurance with built in Routine Denial systems will die by the millions in the next few years.
- The Economist and the Heritage Fund estimate that the U.S. population will exceed 500 million after Comprehensive Immigration Reform is passed by the Obama/McSame administration next year. Native population and work force will be eliminated.
- Rebirth of Communism in 3rd World will create many new armed conflicts with an opening for use of U.S. forces, and many thousands of deaths. In the last few months, jobs are created almost solely within the Pentagon. In Georgia, Putin moved huge forces and artillery on rails like Trotsky. 40,000 U.S. troops remain in Germany. In Bejing, Putin slapped a credulous Bush on the back and said, 'We are going to War."
This is a part of the oft repeated by the MSM punditry, chamber of commerce, cable news talking heads and politicians supply sider fallacy that a supply of skilled workers somehow magically creates demand for them.
The only thing it does do, and by Greedspan's own admission, is suppress the wages of educated and skilled workers.
If it were really true that a supply of skilled and technology workers creates demand for them, how do they explain Michigan or any of the other industrial midwest states? According to one of actor Jeff Daniel's Michigan PR pieces, Michigan has the highest per capita concentration of engineers and skilled tradesman in the country, as well as the surrounding states are up there too. You would think that employers would be falling all over themselves to hire these skilled and experienced workers, and the offered wages would be commensurate. But such is not the case, Michigan has the highest unemployment in the country, followed closely by the neighboring states. There are an awful lot of un and underemployed engineers and skilled workers here in my neck of the woods
The first one was linking to a local file which isn't there. I made an error. Should work now.
It should be you click on the image and it gives the expansion, shadows the post and then you can click anywhere not on the expansion and it will return to the blog. Or you can click the "X" on the expansion window of the image.
Glad you like it. I hope I gave just enough XHTML tags so people can just copy this (and this blog is 525 wide so if you do not want your images to cover the sides, limit your width to 525) and now can use really complex graphs and images.
Oh I love that second one! First one, for some reason when I click doesn't go back to the previous page. Is it supposed to do that? Overall, RO, very good stuff here! Kudos all the way!
I am not so much hearing the Obama as a savior message as some here from regular people, its mostly coming from the MSM, as well as from Obama's detractors trying to build upon the McCain "celebrity" ads.
The president no matter what party will have little influence or desire to change the status quo in reality. If we want real change we need to change congress, to break the stranglehold of corporate interests and lobbyists. And to do this we really need to start at the grass roots - state and local races - these folks at the local level eventually become the governors, mayors, congressmen of the future so we need to support more labor and poulist leaning people downticket - this is the greatest opportunity to influence govt as well as develop the leaders of the future.
In general , a bad democrat will be marginally better than a "good" republican for working people, but not by much. We need to remind the democrats who their base is, just like the religious right is constantly doing for the republicans.
I am of mixed mind presidentially, there just is no viable third party choices and if their were the deck is stacked so against anyway. On one hand I have to lean Obama, because at least he is proposing the bandaid solutions of increased social safety nets - something sorely neeeded but fails to address the structural trade and economic problems. OTH, it may take another humiliating defeat for democrats again at the hands of McCain, before the democrats finally get back to their roots.
This election season sucks, and is the mother of lesser of evils choice
I think we're looking at a 2nd wave in economic tsunami land and if there is a 3rd, well, it's the 3rd wave in a tsunami that kills.
Rogoff, Harvard Economist (via Bloomberg):
Tarjay: They actually offshore outsource as much of their operations as possible. So, while they import way cooler cheap stuff, don't think in terms of labor they are any better than the Big box.
It looks like this is a one time movie event where they have scheduled some sort of conferencing Q&A along with the showing, nationwide (it's good to be Blackstone). I cannot go there is nothing even remotely near me, but while I suspect this is going to appeal to those neocon, privatization types, I'm really not so sure that's what they are recommending at all here in terms of policy. David Walker, while sure I believe he is a conservative I think he's being truly honest about the US budget deficits and the issue with rising health care costs.
Anyway, if someone is going it would be nice to see a movie review blog post.
This looks really good. Thanks weaver I think I just found the theme/content for this Friday Movie Night series, "special" edition.
I remember when Walker of the GAO came out with his damning statements and he stepped down from the GAO.
To create a nonprofit hedging the bets for the poor. But frankly the first thing that came to mind when dealing with large amounts of potential wealth (in reality) was massive corruption.
It is possible to simply take a certain percentage of commodities off of the free market to be given to the poor by some mechanism instead?
I'm not up on all of my UN, World Bank, IMF corruption schemes supposedly for the poor as well as how free trade has been marketed to help the poor but if history is any lesson, well such an idea would have to take into account every method already tried to screw the poor.
Movie to be released next week dealing with our trouble(s).
Primer
http://www.agorafinancial.com/iousa.html
Saw it on Beck today, apparently if you figure what was taken from Social Security, the Clinton surplus was only one year.
I mean with a three quarters of a trillion dollar in sales yearly...i somehow I think we're swimming against the current, but frankly if the total market actually shrinks (which I doubt the way people have a tendency to reproduce), then this idea could be captured in the rip current.
It's really only a major government action which could do this...but that said, a competitive market which is nonprofit, subsidized by governments could be initiated.
Call it the open source of pharmaceutical R&D.
This might sound crazy, but I was just thinking the same thing! Well, specifically, I was wondering why couldn't the pharma industry be a non-profit one? Or why couldn't some adventurous social entrapanuer start a not-for-profit drug company? I know it sounds insane, but just focus on one drug, be a generic, and try and get grants so that the drug could be given away! Ok, I haven't thought out the economics of this.
....and the accepted paradigm is that human culture has gone through various phases which I won't bore you with here. The thing is a very peculiar phenomenon is now occurring. Since the age of mass communications which allows the voice of one person to reach millions we've seemingly regressed to a prior form of social organization called 'The BIg Man' where one person was given the authority to organize everyone else's lives.
Obviously this won't work today with culture composed of millions of troop members instead of 50 as you find in hunter-gatherer groupings.
Yet, folks cling to this hope that 'The One' will come along and save us. That dependency is of course still hard-wired into us. Almost makes me wish Obama would win so folks could learn how that's not gonna work. Problem with that is it would be very damaging to the 'progressive' cause as the cud-chewers believe Obama is a 'progressive'.
We could be seeing a transition coming to a new social order....
Or not.
...yet the citizenry continues to chew it's cud. Frankly I am NOT an Obama fan but I would not want to wish what's going to happen to the next President on anyone....
Except McSame.
He and Nancy and all 'the boys' in Congress deserve to be in charge when the shit hits the multiple fans. They are the ones who are responsible. My post Bush sends National Guard to Georgia... tries to point out that the meme 'Bush did it...' is mostly a lie.
In conjunction with this post I can see the Dems getting a real rude surprise. If not this year then in the off-year election. And folks say Bush is stupid!
Maybe....
But he looks to be a damn site smarter than the 'Democrat' Party.
OT: The site is really starting to pickup with some really quality posts Robert. Good freakin' job!
Time the time to click on the links and study the graphs.
Many of these articles, I sure was not aware of and he is citing some pretty credible sources.
Very scary shit but click on all of his link references, seriously.
That's no lie, there were already riots going on in the streets and people were marching on Washington by the time FDR came into office.
But, people need to demand real trade, economic policy change right now.
I like the title. Frankly what the hell is that which makes people think Obama is going to do something? Has he said he's going to tackle this tsunami coming at us? No. Is there a plan beyond dumping the costs of this fiasco onto the US taxpayer plus go ahead and allow millions of Americans to lose their homes?
Their GSE bailout bill supposedly only helps about 400k homeowners.
Look at the Instapopulist and see that Barrons is basically reporting the GSEs are going down as we type.
Let's start with the fall in Real Wages. According to the BLS, wages have been falling for at least the past year after inflation, see http://www.bls.gov/news.release.pdf/realer.pdf. The pattern is true for 2 years, most wage categories.
Of the 2.5 million total IT jobs all categories created since the mid 70's, 1.2 million have been handed to H1B visas since 1990. The loss of 3 million manufacturing jobs since 2001 were not replaced by by tech jobs. At the current rate of replacement, all domestic tech workers will be replaced in less than a generation by H1B Visa holders.
So the answer to why falling wages and why replace U.S. workers is just connect the dots. You bet it's conspiratorial. The numbers were set down in WTO agreements going back 30 years and renegotiated at the 2008 Doha Round. How is planning to take the work of others not a conspiracy?
The trade-off between tech and manufacturing was a social contract. When steel contracted in the 1979 to 1983 period, tech was held up as the replacement. In the shell game that ensued, tech jobs were then sent off-shore or outsourced.
As for extermination, there is no better graphic than Death,
Disease, War and Famine: the 4 Horsemen.
CT stands for conspiracy theory. While one can reach some of these conclusions and I certainly will sign onto the conclusion that our government has not doing it's primary job, which is to protect and enhance the lives of it's citizens, you need to go into statistical, factual detail versus write some sweeping generalization statements.
There are plenty of people out on the Internets saying this, and hence other people ignore it.
You need to go into the factual details of why and how this is happening.
For example, the intent is not necessarily to wipe out the middle class as a goal, more of a by-product of corporate agenda and special interests dictating policy and what our government does for their short term agendas.
Capitalism, especially in its current incarnation, proliferates false needs. If we could get this straight, debt levels, and unfortunately much GDP would drop precipitously.
The idea is there are just some things, you really can do without, but we all choose to have anyway. A recession puts an exclamation point on the FALSE in every economic transaction.
An academic debate raged for years over the size and durability of the American Middle Class. The size and income of the Middle Class was seen as a bulwark against Totalitarianism and Economic Depression. Now the Middle Class is officially viewed by the senior members of the New World Order as expendable, both by membership and income level. This mass extinction goes far beyond economics.
- Obama and McSame have both pledged support for H1B Visa levels, devastating tech worker growth to zero and wiping out jobs. Tech workers wages have fallen by half since 2000. Workers forced to do 'knowledge transfers' have committed suicide.
- Obama and McSame pledge support for Comprehensive Immigrations Reform for 2009. Together with Manufacturing Job extinction, the Bush Housing Crisis will create 30 million domestic refugees will be created in the next 5 years.
- FDA revealed the source of contaminated Jalapeno peppers under extreme pressure from Dobbsian muckraking. Sources of dangerously contaminated shrimp from China and thousands of other sources remain beyond inspection or Country of Origin Labeling. Millions of NWO food based executions are likely.
- Older workers forced to accept private medical insurance with built in Routine Denial systems will die by the millions in the next few years.
- The Economist and the Heritage Fund estimate that the U.S. population will exceed 500 million after Comprehensive Immigration Reform is passed by the Obama/McSame administration next year. Native population and work force will be eliminated.
- Rebirth of Communism in 3rd World will create many new armed conflicts with an opening for use of U.S. forces, and many thousands of deaths. In the last few months, jobs are created almost solely within the Pentagon. In Georgia, Putin moved huge forces and artillery on rails like Trotsky. 40,000 U.S. troops remain in Germany. In Bejing, Putin slapped a credulous Bush on the back and said, 'We are going to War."
-
It's election season.
Make these candidates, especially Congress, sweat.
They will be re-elected, of course, but publically roil them in every media.
This is a part of the oft repeated by the MSM punditry, chamber of commerce, cable news talking heads and politicians supply sider fallacy that a supply of skilled workers somehow magically creates demand for them.
The only thing it does do, and by Greedspan's own admission, is suppress the wages of educated and skilled workers.
If it were really true that a supply of skilled and technology workers creates demand for them, how do they explain Michigan or any of the other industrial midwest states? According to one of actor Jeff Daniel's Michigan PR pieces, Michigan has the highest per capita concentration of engineers and skilled tradesman in the country, as well as the surrounding states are up there too. You would think that employers would be falling all over themselves to hire these skilled and experienced workers, and the offered wages would be commensurate. But such is not the case, Michigan has the highest unemployment in the country, followed closely by the neighboring states. There are an awful lot of un and underemployed engineers and skilled workers here in my neck of the woods
The first one was linking to a local file which isn't there. I made an error. Should work now.
It should be you click on the image and it gives the expansion, shadows the post and then you can click anywhere not on the expansion and it will return to the blog. Or you can click the "X" on the expansion window of the image.
Glad you like it. I hope I gave just enough XHTML tags so people can just copy this (and this blog is 525 wide so if you do not want your images to cover the sides, limit your width to 525) and now can use really complex graphs and images.
Oh I love that second one! First one, for some reason when I click doesn't go back to the previous page. Is it supposed to do that? Overall, RO, very good stuff here! Kudos all the way!
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