American Job seekers wait in a queue, their resumes in hand!
A woman in France collects food from the garbage!
Friends, these sobering photographs from Reuters may well be connected. As the world’s economic and financial problems drag on and the ranks of the unemployed swell even further, the number of people foraging in garbage bins will inevitably increase.
The trend is for firms and corporations to fire workers in a recession because no one is buying their products and services so their income and profit stream diminish to a trickle. In turn, this means that less and less people can afford to buy anything and it also means that Governments have less tax money to spend on welfare support payments and the other financial demands that they face.
This progression can have only one outcome and it’s shown in the bottom photograph. Of course, the path the world was on, the craziness of stimulating excessive demand (greed) for good and services by extending credit to all and sundry whether they could pay it back or not, could have only one outcome as well. The bubble has burst and now the world is trying to pick up the pieces and put them back together.
To do this, some countries are trying to put money in people’s pockets by giving them cash payments and, as well, they are lowering tax rates and mortgage interest rates. But this means that Governments then go into deficit and those folks who have money won’t lend it because they are getting no real return from it.
It is obvious to me that the whole financial and economic system of the world, one that is based upon naked capitalism, is unsustainable. We need a completely new model, one that doesn’t allow endless boom and bust cycles, one that doesn’t allow the greedy to exploit the bulk of the world’s citizens and pay no taxes, one that doesn’t create huge financial inequalities between people, one that doesn’t force humans to scavenge in the rubbish to get something to eat.
A good start would be to take the mega-wealth from those who have it and redistribute it fairly among all. Then we need to set up a strongly regulated system that encourages and rewards initiative and hard work but, through escalating taxation that allows no loopholes, punishes greed.
What are your thoughts?
We shouldn’t have to bail out the stupidity and incompetence of those who caused this crisis. Regrettably, that seems to have happened under the pretense that it would help the economy.
I’d recommend this article:
http://www.truthout.org/013009T
I’d advocate for very harsh penalties for the perpetrators too.
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David G Reply:
February 7th, 2009 at 10:56 am
Taking their ill-gotten wealth away from them would be punishment enough, Chris!
Thanks for the link!
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Robert Reich, guru on Obama’s Economic Advisory Board, former boyfriend of Hillary Clinton, and keynote speaker at the upcoming Feb 12 Greater Miami Jewish Federation annual fundraiser (helps l’il-ole, ailing Israel, don’t you know), recently opined at his blog:
“What’s going on here? Maybe official Washington, much like most of Wall Street, is still not quite getting it.” Then, continuing in a populist voice on behalf of the beleaguered masses, Reich wrote……..Well, before I quote what he wrote, I noted that Mr Reich didn’t seem to be “quite getting it” either. So, I’ve reproduced what Reich wrote, with what the common man REALLY thinks given in brackets [ ] :
Typical [non-Jewish] Americans are hurting very badly right now. They resent [the Jewish] people who appear to be living high off a [Jew-corrupted] system dominated by [Jewish] insiders with the right [Jewish] connections. They, [the non-Jews], have become increasingly suspicious of the [Jewish] conflicts of interest, cozy [Jewish] relationships, and [Jewish] payoffs that seem to pervade not only official [Jewish] Washington but our biggest [Jewish] banks and [Jewish] corporations. In short, many [non-Jewish] Americans who have worked hard, saved as much as they can, bought a home, obeyed the law, and paid every cent of taxes that were due [to the Jewish-dominated IRS and FED] are beginning to feel like chumps. Their jobs are disappearing, their savings are disappearing, their homes are worth far less than they thought they were, their [Jewish-levied] tax bills are as high as ever if not higher.
Meanwhile, [the Jewish] people at the top seem to be living far different lives in a different [Jewish-only] universe. They’re the [Jewish] executives and [Jewish] traders on Wall Street who have lived like [Jewish] kings for years off a [Jewish] bubble of their own [Jewish] making while ripping off small [non-Jewish] investors, the [Jewish] financial louts who are now taking hundreds of billions of [non-Jewish] taxpayer bailout money while awarding themselves huge [Jewish-only] bonuses and throwing lavish [Jewish only] parties, the corporate [Jewish] CEOs who are earning seven figures while laying off thousands of [non-Jewish] workers, the [Jewish] billionaire hedge-fund and [Jewish] private-equity managers who are paying a marginal tax rate of 15 percent on what they say are capital gains while [non-Jewish] people who earn a fraction of that are paying a higher rate, and, not the least, the [Jewish] Washington insiders who have served on the Hill or in an administration and then gone on to pocket millions as [Jewish] lobbyists for the same [Jewish] companies they once regulated or subsidized. To the [non-Jewish] American who’s outside the [Jewish] power centers—the places of [Jewish] entitlement and I’ll-scratch-your-[Jewish]-back-while-you-scratch-mine [Jewish] deal making—the entire [Jewish] system seems rotten.
http://robertreich.blogspot.com/2009/02/tom-daschle-and-populist-revolt.html
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David G Reply:
February 7th, 2009 at 8:07 pm
The more I learn about the Zionists the more scared I become, Sally. It appears they have a stranglehold on both the Israeli and American Governments and their intentions are far from altruistic.
I will do a post about this next! Thanks for your enlightening comment about the Evil Ones.
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I am a Pittsburgh PA native, and we have been enduring this since the early seventies. Our main work was in the steel industry, it’s no exageration to estimate that 70% of our jobs were steel related. I married a mill worker & it was an ample income.
Pittsburgh has never really recovered; all available jobs are in service, medicine & the prison industry.
In the seventies everyone who wanted a job could have a job.
Now most of the same people, are on food stamps or go to food banks. There are not enough shelters to meet the homeless demand.
The homeless are largely VietNam, Gulf War vets, mentally handicapped or alcoholic.
Faith based initiatives were the worst idea I ever heard of….even if they promise not to coerce folks with their beliefs, they just can’t help themselves.
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The working classes of the “advanced” societies have produced great abundance. Our ancestors fought to get the ruling class to share some of that abundance, and so we have comfortable houses, hot and cold running water, electricity and plenty of food to eat. All good.
Unfortunately, the ruling class’ greed is unlimited. And, by the way, to blame it on the Jews is bizarre. There are plenty of greedy non-Jews sucking off the wealth. To get distracted by religion is to fall into the trap of divide and conquer.
The thing is, as I frequently point out, if we can provide for each other with money, or fiat money, or credit, we can do it without those artificial means of exchange.
We can provide for each other’s basic needs, in a sustainable fashion, (modest housing, not McMansions, good food, not processed GMO, efficient use of electricity, public transportation, wise use of land, not sprawl and mega farms, etc.)
We just need to take the wealth from the top 1% and use it responsibly to help each other, and the others in our ecosystem.
This may be too dificult. In that case, remember what a wise woman once told me, “The history of Earth is a history of mass extinctions.”
It’s not like we’re such a great species, if you want my honest opinion. I just think it’s wrong to take the polar bears and elephants, etc., down with us.
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One word: Socialism. If the human race is to have any–ANY–chance of surviving, never mind thriving, we need to abandon our old ways. The “dream” of capitalism is outmoded, to say the least. The notion that “greed is good” that has driven the United States for so long and is now rapidly spreading all over the world (who would have thought twenty years ago that China would end up being a land of skyscrapers and coal plants?) must be eradicated from our thought processes. The current global economic crisis could be seen as a positive thing insofar as the possibility of waking some societies up. Certainly more and more ordinary people across the globe are having their own revelations about this “material wealth” obsession that has plagued us all for so long. If this boom/bust cycle repeats itself enough times, with less boom and more seriously-felt bust, perhaps a systemic change may one day be considered seriously and with conviction by enough govrnments that the world comes somewhat to its collective senses.
Socialism is the key, or at least a concept worth exploring. Uncorrupted, it can work. There is nothing wrong with having a “market,” but the market should be there to sustain infrastructure, provide education and health care, run our world on non-polluting sources of energy, and make advances in science to cure diseases and figure out how to deal with that 7-mile long asteroid when we spot it. This is what the human race needs. Otherwise we’ll be gone in a century. I hold little hope, but if we want to be colonizing other worlds someday, like we foolishly dream about, we need to overthrow those corrupt monsters who have brought us to the brink of our doom and start running our world with sensibility, compassion, and intelligence. These blind fools might find that helping millions of people rather than ruining their lives might just be more fulfilling; give them even better reason to be proud, even compared to owning fourteen mansions.
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Kate, that they can’t help themselves is correct. Grabbing converts is their game not compassion.
Wagelaborer, I do agree that blaming the problems of the whole world on a single group of people is rather simplistic. There are many forces at play as my last post explains.
Late Revolution, I wouldn’t hold your breath that ‘the blind fools’ can be redeemed and become altruistic. Some people see money as a god and love the power and prestige it gives them. The trick is to make money-grubbing an obscenity.
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Thank you, dearest Sally, for telling the truth, although I do not know if gentiles really realize that your emphasis on non-jews and jews is correct. So sadly, Eric Hufschmid speaks truth when he points out that there is not enough goys who are smart and courageous enough to go after the Zionists. (Israelis and AIPAC already know this). And just when I thought that Alex Jones had the guts (or wasn’t on the payroll o9f the jewish crime network) yesterday on his show he was back with his usual tricts diverting the goyims’ attention from the extremist jews who are masterminding the collapse of our economy and enslaving of Christians, Muslims, and other non-jews.
I am glad that you are still tracking the Zionists, David G., and intend to go further in this area. Great report. Many states in the United States of Sociopathic Israel are trying to secede.
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Dear Friends: I have a link for a petition about getting justice for wrongfully convicted Muslims in the US, such as Dr. Sami Al Arian. It is from the Arab Anti Discrimination people. Ok to post link on this site? They only want a 1,000 signatures.
Can’t find my glasses, hope not too many errors. Kate.
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Therese Reply:
February 9th, 2009 at 12:58 am
The link for that petition would be much appreciated, Kate. Thanks.
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Thank you for signing the “Justice for wrongfully prosecuted Muslims”
petition at iPetitions.com website.
Your signature is valuable and makes a real difference. Please encourage
others to sign the petition as well. To do that, just forward the text
below to everyone who might be interested:
——- FORWARD THIS TO YOUR FRIENDS ——-
Hi,
I wanted to draw your attention to this important petition that I
recently signed:
“Justice for wrongfully prosecuted Muslims”
http://www.ipetitions.com/petition/projectsalam?e
I really think this is an important cause, and I’d like to encourage you
to add your signature, too. It’s free and takes less than a minute of
your time.
Thanks!
Friends: After you sign they may ask you for money, it is not necessary to donate for your signature to count. If this link doesn’t work, please let me know, I can post the one from WRMEA.com.
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