though they seem to be lobbying against their own long term interests and especially smaller business. They keep lobbying for things to trash the U.S. economy...I mean even from a pure Machiavellian business point of view they seem to be stuck on stupid and their own personal internal clock has to be in Quarters and does not display the next quarter until about 10 days before the current one ends. ;)
Because the US Chamber of Commerce represents the nation's registered companies, not it's employees; this is especially true in regards to foreign relations. There is a major difference here. Also, the USCC is not a government organization, it is a non-for-profit group. Look at it this way, the US Chamber of Commerce, sorta, is to corporations, what the AFL-CIO is to workers. Not exactly, but close...you see what I'm saying here?
Sometimes folks get confused since there are two types of posts or they start with a forum and it ends up being a long blog type post or they start with a blog post and decide it should be an instapopulist instead.
Need to have registered users be able to change the content type between the two.
Forum generally sucks. Needs to be more easily to scan text of posts without so many levels of hierarchy (clicks).
Still looking for wish lists from others but I'm also using this thread as my own reminder list.
Why does the the U.S. chamber of Commerce always fight anything good for the American Middle Class? They should not be allowed to have the "U.S" in their name since they work for foreign companies.
All the nations are protecting their citizens (China, Britain, Singapore, Malaysia, Taiwan to name a few) and we are not allowed to protect our own American citizens, no wonder why the sky is falling.
We're going to have to Attack K Street directly- with a goal of pushing the WTO out of the United States, permanently, regardless of what it does to our exports. We're to a point where it's either us or them- they either starve us, or we kill them.
That these are not American Corporations, they're representatives of a new international government that is attempting to invade our nation- and succeeding rather well, since they now own our government.
They deserve to be fought at all levels- from the dollar in your store whenever possible, to guns, bombs, and violence when necessary.
They do not deserve protection of the US military for their interests.
I've had some email exchanges with Tonelson (as well as others) on how to use de Internets to get their work more exposure and thus more Populist influence so I'm thrilled he is now a blogging fool. Blogging is a lot of work (don't we all know) and many of these great thinkers don't quite get the public opinion thing, informational spread thing or web 2.0 community thing at all.
I just added him and had to hunt high and low for a RSS feed. They do not publish it!
Open left is focusing more and more on real policy and the details which is very good juju. I felt Sirota jumped off of the personality/insanity bandwagon during the election and he seems to be back on track as of late.
...and now that I can kibbutz some more, I noticed that OpenLeft has David Sirota blogging, for instance, this piece talks about the attempt to insure "buy american" in the stimulus...
What exactly did Paulson & Bernanke say to Bush and Congress to get the TARP? was that also going on inside the U.S.?
Great now that billions, billions, billions has been dumped into the banking system, financial sector the U.K. is right back to where it started from. Awesome way to deal with financial reality here.
You can also just link in his images and then give him a "hat tip" link, quote back to his blog to accredit him and drive some traffic his way too. that's a great post he wrote.
I don't think I've seen a graph that compares with disposable income. I'll take a look later ... it might be possible to create one, but at the moment I have a lot of other graphs "on my plate" so to speak....
would be prices as percentage of income, disposable income. If we have a deflationary spiral going on we know (and we are seeing this, remaining employees are being cut to 20 hours so they have their income cut in half but are not counted in the unemployment stats) wages will drop even further.
The reason I said shit head is we know the house has been touted as the huge, largest family investment, value of wealth and so many use home equity to take out loans (hey, more debt awesome!).
These guys have some sort of hatred/bias against manufacturing/blue collar labor. Seriously. How can they ignore such a critical component to the U.S. economy?
Thanks for the heads up that Tonelson has finally become a bloggin' fool. I'll add him to the middle column.
It's painful. The choice is, how quickly do you get to the bottom and begin to rebound.
Housing needs to revert to its historical multiple of income. A great deal of the reversion has taken place, but there will probably be overshoot on the downside as well (and it's not like incomes are notably rising, either).
I'll post something more in depth after the New Home Sales and GDP residential data arrive at the end of the week.
And I also agree that the (still!)unregulated derivatives need to be addressed.
According to rep. DeFazio from Oregon, "Larry [Summers] doesn't like infrastructure" and prefers short-term consumer spending as a form of stimulus. Hopefully Obama will instead listen to people like Alan Tonelson, who is writing along similar lines to Johny Venom here.
I fear that the current stimulus package will basically go through as proposed; and when that doesn't work, hopefully, Obama will realize that there's a bigger problem than "just" a financial mess.
But I don't see it all being good and yes I know people's home values are dropping like a stone.
the reason I do not is housing prices are so out of alignment with the median wage in the U.S. Houses are still unaffordable for most Americans and on that front something has to give.
I don't want to see unaffordable housing prices and think the idea of housing as an investment, as something to trade on Wall Street like baseball cards is fundamentally wrong...
because this is a primary need, shelter.
Yes, I know the housing bubble is a root cause but unregulated derivatives still are not being talked about, CDOs, CDSs and so on.
I think they are going above 10% and I'm saying that simply because there are just no advertised jobs plus it does seem everyone knows people being laid off.
In the 2000-2003 time frame, it was the techies, the STEM and manufacturing, and much had to do with offshore outsourcing, but it was more pocketed.
I looked on job boards and it's a wasteland, i.e. few/no jobs.
Last stat I read there were 4 people looking for every job available.
though they seem to be lobbying against their own long term interests and especially smaller business. They keep lobbying for things to trash the U.S. economy...I mean even from a pure Machiavellian business point of view they seem to be stuck on stupid and their own personal internal clock has to be in Quarters and does not display the next quarter until about 10 days before the current one ends. ;)
Because the US Chamber of Commerce represents the nation's registered companies, not it's employees; this is especially true in regards to foreign relations. There is a major difference here. Also, the USCC is not a government organization, it is a non-for-profit group. Look at it this way, the US Chamber of Commerce, sorta, is to corporations, what the AFL-CIO is to workers. Not exactly, but close...you see what I'm saying here?
Sometimes folks get confused since there are two types of posts or they start with a forum and it ends up being a long blog type post or they start with a blog post and decide it should be an instapopulist instead.
Need to have registered users be able to change the content type between the two.
Forum generally sucks. Needs to be more easily to scan text of posts without so many levels of hierarchy (clicks).
Still looking for wish lists from others but I'm also using this thread as my own reminder list.
Why does the the U.S. chamber of Commerce always fight anything good for the American Middle Class? They should not be allowed to have the "U.S" in their name since they work for foreign companies.
All the nations are protecting their citizens (China, Britain, Singapore, Malaysia, Taiwan to name a few) and we are not allowed to protect our own American citizens, no wonder why the sky is falling.
We're going to have to Attack K Street directly- with a goal of pushing the WTO out of the United States, permanently, regardless of what it does to our exports. We're to a point where it's either us or them- they either starve us, or we kill them.
That these are not American Corporations, they're representatives of a new international government that is attempting to invade our nation- and succeeding rather well, since they now own our government.
They deserve to be fought at all levels- from the dollar in your store whenever possible, to guns, bombs, and violence when necessary.
They do not deserve protection of the US military for their interests.
I tell you.
We're all going to be fighting the aliens off our Martian base.
Sorry, had to do it.
I've had some email exchanges with Tonelson (as well as others) on how to use de Internets to get their work more exposure and thus more Populist influence so I'm thrilled he is now a blogging fool. Blogging is a lot of work (don't we all know) and many of these great thinkers don't quite get the public opinion thing, informational spread thing or web 2.0 community thing at all.
I just added him and had to hunt high and low for a RSS feed. They do not publish it!
Open left is focusing more and more on real policy and the details which is very good juju. I felt Sirota jumped off of the personality/insanity bandwagon during the election and he seems to be back on track as of late.
...and now that I can kibbutz some more, I noticed that OpenLeft has David Sirota blogging, for instance, this piece talks about the attempt to insure "buy american" in the stimulus...
JR on Grist
What exactly did Paulson & Bernanke say to Bush and Congress to get the TARP? was that also going on inside the U.S.?
Great now that billions, billions, billions has been dumped into the banking system, financial sector the U.K. is right back to where it started from. Awesome way to deal with financial reality here.
You can also just link in his images and then give him a "hat tip" link, quote back to his blog to accredit him and drive some traffic his way too. that's a great post he wrote.
http://themessthatgreenspanmade.blogspot.com/2009/01/existing-home-price...
I don't think I've seen a graph that compares with disposable income. I'll take a look later ... it might be possible to create one, but at the moment I have a lot of other graphs "on my plate" so to speak....
would be prices as percentage of income, disposable income. If we have a deflationary spiral going on we know (and we are seeing this, remaining employees are being cut to 20 hours so they have their income cut in half but are not counted in the unemployment stats) wages will drop even further.
The reason I said shit head is we know the house has been touted as the huge, largest family investment, value of wealth and so many use home equity to take out loans (hey, more debt awesome!).
These guys have some sort of hatred/bias against manufacturing/blue collar labor. Seriously. How can they ignore such a critical component to the U.S. economy?
Thanks for the heads up that Tonelson has finally become a bloggin' fool. I'll add him to the middle column.
It's painful. The choice is, how quickly do you get to the bottom and begin to rebound.
Housing needs to revert to its historical multiple of income. A great deal of the reversion has taken place, but there will probably be overshoot on the downside as well (and it's not like incomes are notably rising, either).
I'll post something more in depth after the New Home Sales and GDP residential data arrive at the end of the week.
And I also agree that the (still!)unregulated derivatives need to be addressed.
That is my call for intermediate top in unemployment. Of course, if we use the old formula, we're already there!
According to rep. DeFazio from Oregon, "Larry [Summers] doesn't like infrastructure" and prefers short-term consumer spending as a form of stimulus. Hopefully Obama will instead listen to people like Alan Tonelson, who is writing along similar lines to Johny Venom here.
I fear that the current stimulus package will basically go through as proposed; and when that doesn't work, hopefully, Obama will realize that there's a bigger problem than "just" a financial mess.
Keep up the good work!
JR on Grist
But I don't see it all being good and yes I know people's home values are dropping like a stone.
the reason I do not is housing prices are so out of alignment with the median wage in the U.S. Houses are still unaffordable for most Americans and on that front something has to give.
I don't want to see unaffordable housing prices and think the idea of housing as an investment, as something to trade on Wall Street like baseball cards is fundamentally wrong...
because this is a primary need, shelter.
Yes, I know the housing bubble is a root cause but unregulated derivatives still are not being talked about, CDOs, CDSs and so on.
I think they are going above 10% and I'm saying that simply because there are just no advertised jobs plus it does seem everyone knows people being laid off.
In the 2000-2003 time frame, it was the techies, the STEM and manufacturing, and much had to do with offshore outsourcing, but it was more pocketed.
I looked on job boards and it's a wasteland, i.e. few/no jobs.
Last stat I read there were 4 people looking for every job available.
is that Friedman, who we continually discredit is the one who has the raw data for you.
Original research! Way to go NDD!
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