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Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Saturday, May 11, 2019

10 Consequences of the $15 Minimum Wage

10 Consequences of the $15 Minimum Wage

Repeat something often enough and it goes from being an idea to dogma. This is the case of the repeated calls for a massive hike in the minimum wage to $15.00 / hour. Did employees of minimum wage start this? It would certainly lend credence to the authenticity of the demand, if it had. But, who started the $15 minimum wage demand?

In an effort to champion the worker, Democrats started the $15 minimum wage hike rhetoric. The problem was that, then candidate Trump, successfully rescued workers from the Democratic party. Where the democrats conceded that manufacturing and blue collar jobs were gone forever, candidate Trump waved his magic wand, as president Obama called it, and blue collar jobs appeared and the blue collar voters flocked to the republican party.

Of course, follow any money and politics isn't far behind. So the $15 minimum wage rhetoric is the last attempt by the democratic party to wrestle away workers from the republican party.

And it has some great strategy to it. Minimum wage workers aren't blue collar. A lot of Hispanics aren't blue collar, because they're mostly unskilled workers. So you basically kill two birds with one stone.

The problem is that this strategy isn't well thought out. Because, there are consequences to trying to actually raise the minimum wage to $15.00 / hour, versus just talking about it, which a lot of states are now actually doing.

10. where minimum wage is supposed to be paid to unskilled workers with no work experience, $15.00 / hour raises it squarely out of the unskilled market and into the skilled plus experienced market. So as a consequence, workers with no skills and no experience are fired and can't get hired.

9. because the jump to $15.00 / hour is so steep and quick, entire staff rosters are being fired and a much better caliber of worker is hired.

8. in the absence of employees who cannot make the company over and above the $15.00 / hour price tag, owners are now putting in double and triple shift hours in their business.

7. for owners who cannot make up the lack of qualified employees with more time, the business is shut down.

6. entire sectors of the market is being shut down, because that sector operates on a very tight profit margin and a big hike in labor cost like this, is too much.

5. as democrats look to score points with Hispanics, they forgot about unskilled Black workers, who are systematically and historically fired at double the rate of everyone else, so Black voters are turning to the Libertarian party or republican party.

4. as democrats hang their hopes on Hispanic voters, Black voters, who are in direct competition with Hispanic unskilled workers are causing even more competition as the market to hire and fire unskilled workers heats up and Blacks are left out in the cold. Entire neighborhoods are shifting from Black to Hispanic almost overnight, in democratic majority run cities around the country.

3. due to the great depression under Obama, Blacks who were fired were motivated to not seek more jobs, but to open more businesses, at a rate of double that of all other groups. Black business starts dominated the cycle in Obama's second term in office. Unfortunately, these businesses were heavily businesses that operated on a thin profit margin and as the $15.00 / hour labor cost skyrockets, so do Black businesses closing their doors.

2. in areas where the $15 minimum wage has already been implemented, businesses have raised their prices. So these businesses are mostly lower end businesses that minimum wage workers go to and they can't afford the price hikes. So instead of a salary boost, they are now in a city where they can't afford anything.

1. because this $15 minimum wage hike has come on so fast, the salaries of managers and superior staff has had to change, where paying the head restaurant manager who was making $15.00 an hour, now has to be paid $40 or more an hour and that goes down the roster with the lead cashier, assistant manager, etc. which means rate hikes for everything, in businesses that aren't low end, creating an environment where even mid level workers are now having to go without. And, because government workers are literally paid on a percentage of the minimum wage, their salaries go up, which then means city taxes and state taxes have to go up. Now the 1% are impacted, since they pay most of the taxes.

Saturday, June 28, 2014

Russia to Take Action if EU Association Agreement Hits Russian Economy

Russia to Take Action if EU Association Agreement Hits Russian Economy


Georgia, Moldavia and Ukraine have the right to sign a European Union Association Agreement; however, Russia will act correspondingly, if its economic interests are to get hit by the agreement, Dmitry Peskov, spokesman of Russian President Vladimir Putin, said.





Wednesday, August 29, 2012

The Single Most Important Issue Facing America

The Single Most Important Issue Facing America

I've read over all of the comments on facebook, twitter, etc. It saddens me that most widely miss the mark.

Government corruption, and its complete capture, by those that they are supposed to regulate, is the single most prevalent issue. It goes deeper and is far more complex than a stupid sound bite or a one sentence explanation.

Signers of the U.S. Constitution
After the repeal of the Glass Steagall act, financial institutions were allowed to merge cross platform industries. Retail banks could merge with commercial and investment banks. They argued that when the economy was good, the population invested in the market. When the economy was bad, they saved. In order to allow a one stop shop, they wanted to merge the two. Some senators and congressmen immediately saw that this would create monolithic entities that would crash the system, but no one listened.

Let's go back even further to understand today. The banks put out propaganda saying "the banks don't want your house, they want your payments." During the 1800s the banking community was a bit more overt. They passed around a "memo" saying, "if you mess with the banks we will crash the economy and buy all the property up, pennies on the dollar." Fast forward 100 years, and guess what happened? In fact, they have done this over and over and over.

Also remember, they finance the wars, they finance the crashes, they finance the middle-class slipping into the lower-class, they finance the democrats, they finance the republicans. Only a fool looks at our system and thinks there is someone somewhere who is honest and pure and just isn't being listened to. No politician is paying attention to you. They are being financed.

The american citizen is under direct assault. They are financing your freedom right out the door.

Anyone saying anything other than the economy is the single-most important issue, is a fool. This is america, the dollar is king. Yes it can buy happiness. It can buy power. And, with enough of it, it can buy freedom.

I'm amazed no citizen groups have pooled their money to finance and float their own candidates. You call yourselves adults? Don't you realize what's going on?

Please visit my legal website: Las Vegas DUI Lawyer
See me on YouTube: Seattle Cop Punches Black Teenage Girl


Thursday, July 12, 2012

The Top 5 Warning Signs You're Addicted to Shopping

The Top 5 Warning Signs You're Addicted to Shopping

Before you buy anything today, ask yourself: how often do i buy something each day, each week, each month?

If the answer is every day, several times a day, you might actually be addicted to spending money. If going to the store, seems like something "to do", you might be addicted to spending money. If the answer to "I'm bored" is going to a store, you might be addicted to spending money. If your daily routine includes shoping, simply as a part of your day, you might be addicted to spending money. If you say to yourself you must have the latest or something new every week or day, you might be addicted to spending money.

Addicted to Shopping
It's interesting to note that most poor people, spend the largest amount of their money. While the richer you are, the less portion of your income and wealth you spend.

Beware, the news, media and entertainment, put the image in front of you of people buying and having new things all the time.

Just 20 years ago, a MAJORITY of America ate at home. Now, it's the opposite. In fact, it is no longer considered "eating out", as in a special occasion.

Try to make yourself a little promise:

  1. I won't buy anything new, including food, for a whole day
  2. I won't buy anything new, including food, for a whole week
  3. I won't buy anything new, including food, for a whole month.


See which one you can do. And if you can only do #1, see if you can stretch it to 2 days, 3 days, and keep going. You'll find a whole week will creep up on you. Now, of course this takes planning, meaning, you have to cook at home.

Try it and see.

Please visit my legal website: Las Vegas DUI Lawyer
See me on YouTube: Seattle Cop Punches Black Teenage Girl


Tuesday, July 3, 2012

Politics and Money

Politics and Money

It is common, among the American public, for the average everyday citizen to NOT educate themselves, nor double-check the facts that they hear on the news, magazines, television, internet. Most Americans struggle with jobs and working for other people, for a single source of income, to be bothered with doing anything extra to make sure they are making the right decisions day in and day out. They are shown this by their parents, generation after generation, that you simply turn on a television and accept everything that they say as factual. They are shown this by their parents, generation after generation, that you simply go to a church and accept everything the minister says, and the book he goes by, as factual, and even worse, unquestionable.

Paul Robin Krugman is an American economist, Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times
It saddens me then, when someone who is older than me, and perceives himself to be learned, that he thinks to argue something he has never studied, researched, nor took the time to dissect and fit all the pieces together to see the sinister undertones. Case in point, one such discussion occurred when a picture was presented showing the insanity of how the tremendous debt the federal government has, and the state of the economy, can be fixed by going into more debt. This fool, and I mean the term in the technical sense, proceeded to defend and argue that going into debt had nothing to do with the state of the economy and even if it did, it did not make the situation worse. He tried to defend the statement that Paul Krugman made saying, "debt killing the economy? More debt will fix that."

The house and senate create the annual spending budget for things like: military; research; welfare and its ilk; social security and its ilk; wars and 3rd party contractors; national state programs which it promptly defunds after a year or two.

They take in taxes.... wait, we'll get to the taxes last.

They are sorely underfunded for all of their concerns, to the tune of trillions of dollars. The private monopoly banks, known as the federal reserve system, LENDS them money AT INTEREST, instead of congress simply printing its own money, selling bonds, or raising capital WITHOUT INTEREST. This creates debt. This debt is created annually, to the tune of MORE interest than taxes ALONE can cover.

The taxes that the federal government then collects, goes only to pay off a PORTION of the interest it owes to the private consortium, known as the federal reserve Bank system. And why wouldn't they do this, because the population is none the wiser, because there is absolutely NO accounting for what the private bank does. All we see is a price tag, AND ITS PAID. And, they play a smoke and mirrors game to say "taxes cover everything" wink wink nudge nudge, "so we must raise taxes, because the budget has gone up". OR EVEN WORSE, "we are balancing the budget, so we must raise taxes to help *balance* it", muahahahahaha we're sneaky.

So, getting back to the original premise, that debt is horrible, let's raise the debt... either you don't know the above system exists, because if you do, then you would have to be a more sinister than the federal reserve private banks itself.  You seem smart, so i'll just call you The Dastardly Mr. Beasley.

Politics is smoke and mirrors. Now you see the budget, now you don't. Voila! Presto chango, we spend trillions and no one accounts for where it comes from.

Obama the Darling of Wallstreet
I saw a video of Tony Robins, of all people... it has to be serious, for him to make an economy video, where he talks about taking everyone's money, all the "rich" people in america, sports players, movie producers, wall street moguls, corporations, oil companies and he goes down the list. And, he covers day by day of taking all of their money, not just taxes. And, when the calculation is done it still does not cover al 52 weeks, it falls short of two weeks in one year. But then, he concludes that the next year, NONE of the budget would be covered, because now you have seized all of the rich people's money. It's a very graphic example of how out of whack the debt is.

Many learned people have said, by congress simply coining its own money for 5 years, the entire debt of the US would be wiped out.5 years, that's one presidency.

No thinking man, knowing both the current system, and knowing that the debt could be wiped out, would agree that debt is bad nor would say it has NOTHING to do with the current economic DEPRESSION [ a word the government refuses to admit, despite all indicators that this is WORSE than the great depression ] [ oh and everyone is doing their part to hide the fact:

- shadow inventory of housing
- hiding true unemployment rates
- hiding business failures
- hiding stock manipulation
- hiding the real value of the USD
- hiding the 70% wealth lose across the board for all racial groups, in America
- not even acknowledging the 35% unemployment rate amongst Blacks
- hiding the Black incarceration epidemic amongst Blacks [which has single-handedly led to a 90% drop in Black wealth]
- hiding the failures of fannie and freddie
- hiding the debt owed to foreign banks
- hiding the payments going to foreign banks
- hiding the real money down a hole, going to wall street corporations [ we're talking, watchdog groups are saying 10s of trillions have already been spent, and more is being spent secretly] the real reason the federal reserve does not wish to be "audited".


• The typical American household would have paid nearly all of its income in taxes last year to balance the budget if the government used standard accounting rules to compute the deficit, a USA TODAY analysis finds
• Under those accounting practices, the government ran red ink last year equal to $42,054 per household — nearly four times the official number reported under unique rules set by Congress
• A U.S. household's median income is $49,445, the Census reports
• The big difference between the official deficit and standard accounting: Congress exempts itself from including the cost of promised retirement benefits
• Yet companies, states and local governments must include retirement commitments in financial statements, as required by federal law and private boards that set accounting rules
• The deficit was $5 trillion last year under those rules
• The official number was $1.3 trillion
• Liabilities for Social Security, Medicare and other retirement programs rose by $3.7 trillion in 2011, according to government actuaries, but the amount was not registered on the government's books
• The federal government calculates the deficit in a way that makes the number smaller than if standard accounting rules were followed (in trillions)
• Social Security had the biggest financial slide
• The government would need $22.2 trillion today, set aside and earning interest, to cover benefits promised to current workers and retirees beyond what taxes will cover
• That's $9.5 trillion more than was needed in 2004
• Deficits from 2004 to 2011 would be six times the official total of $5.6 trillion reported
• Federal debt and retiree commitments equal $561,254 per household
• By contrast, an average household owes a combined $116,057 for mortgages, car loans and other debts
• "By law, the federal government can't tell the truth," says accountant Sheila Weinberg of the Chicago-based

The big difference between the official deficit and standard accounting: Congress exempts itself from including cost of retirement perks.

Conclusion

So in essence, until we can get the government to use real math, real numbers, reveal the true hurt that is going on, we cannot even start to have a dialogue of how to fix it. For example, if we base a set policy to fix $1 trillion of debt, but then we find at the end of the fix that it was actually $16 trillion, we almost did absolutely nothing with the fix.

And that is the problem with the Obama presidency in a nutshell. He constantly says how he is saving us money, or lowering our taxes. But, the problem is he's raising it in other areas far higher than it ever was to begin with.

We see this over and over in all of his policies. He promised to remove the troops from the "wars". But, he actually doubled and tripled the troops in Afghanistan. I'm not going to say he is lying, but it's a lie.

Please visit my legal website: Las Vegas DUI Lawyer
See me on YouTube: Seattle Cop Punches Black Teenage Girl


Monday, December 12, 2011

For Blacks: A Message to Black People That Think Obama Loves Black People

A Message to Black People That Think Obama Loves Black People


Speaking with 60 Minutes’ Steve Kroft in an interview that aired Sunday night, the president said Republicans chose to stand on the sidelines while the economy worsened so that they could capitalize on blaming him.


*facepalm* What a load of horse pucky.  The presidency has moved from an equal branch of government, WELL into a powerhouse and Obama has made it rise even more than the prior president Bush.  Obama has unchecked power to do whatever he wants and some silly republican house members can't do anything to stop him.

Anyone who buys that he is a victim is a fool, no no a DAMN FOOL.  Pay attention, he has issued presidential edict after presidential edict.  He has NEVER helped Black folk and has said it point blank that he won't.

Now, after giving his wall street friends billions, he turns around to play the victim?

FOLKS HE'S TRYING TO GET REELECTED.  WHERE IS YOUR BRAIN.

If you don't understand politics why are you even commenting on his interview?  He has created nearly all the legislation that has passed these past 3 years.  Where's your brain?  He is the one that has done nothing for the economy.  He is the one that offered up social security cuts.  He is the one that offered up social program cuts.  He is the one that offered domestic spending cuts.  He is the one that pitted the rich people vs poor people debate, so he could appear to be on our side, after giving away 20 trillion dollars of money we will all have to pay back. Where's your brain?

If you don't understand politics, go read a damn book. The library is free.

He doesn't love US.  He doesn't care about US.  He could give 2 flying leaping lizards about US.  He hasn't done anything for US.  But, he's done plenty to US.

Don't be fooled by the color of his skin.  Obama is against the middle class and the common american citizen.  If he wasn't ... just go look up all the presidential edicts he's made against us ALL.  Take your head out of your hind-side and pay attention.


Please visit my legal website: Las Vegas DUI Lawyer
See me on YouTube: Seattle Cop Punches Black Teenage Girl


Wednesday, April 20, 2011

Why We Are Poor: Contentrating on Entertainment Instead of Money

Most Working Class Concentrate on Entertainment


Canvasing the landscape of the desolation that is America right now, we see so many people worried about their finances or complaining about their finances, yet they do absolutely nothing about their finances.  Some will say that they ARE doing something about their finances, they are going back to school for retraining or more education.  Here is the secret that noone will tell you: "noone has ever gotten rich by getting any level of education".  For those that say, they are not concentrating on being rich, take it from me, and let me be the first to tell you, you're delusional and not intellectually honest with yourself.  A whole lot would be different in your life, if you were worth 2 million in "assets".  Notice the concentration on the word assets.  Going to get retrained for an education or receive more training, concentrates on one thing: getting a job.  A job does not ever give you assets, and hence does not ever make you rich.  Until you actually start accumulating assets, you will remain a working stiff.  How can I say that people are not concentrating on money or what evidence is there that people are not concentrating on money.

Concentrating on Sports


I'll Bring Them Death and They Will Love Me for It
Do you honestly think that the owners of a sports team care if they make money at the games their teams are involved in?  No, they made their money in some other fashion.  There is a huge swath of the country, even in this economic depression, that still, unflinchingly watch their sports at the same bat time, same bat channel.  The country is falling apart at the seams and they are steadily watching "the game" and highlights and interviews.

This is nothing new.  Let me give you a really short history lesson.  Rome was in the beginnings of its last breath.  Emperor Commodus did not like actually administering the empire.  The Roman senate came to him with problem after problem, which he never fixed.  People were dying in the empire and the emperor frankly did not care.  Instead of taking care of the problems in the empire he gave administrative power to a friend of his and instead put on economy breaking gladiator games in the grand colosseum.
“Rome is the mob. Conjure magic for them and they'll be distracted. Take away their freedom and still they'll roar. The beating heart of Rome is not the marble of the Senate, it's the sand of the coliseum. I'll bring them death - and they will love me for it.”  - Gladiator
People were so distracted by the games, that they did not notice that half of the city was in the throws of a plague.  A plague is hard to miss, you say, but miss it they did.  They instead concentrated on the sports arena.

This is exactly what is happening this very day.  Millions of Americans are dying and unemployed, our food is poisoning us, our economy is in shambles, but the other half of the US steadily watches their sports arena.

Concentrating on Enertainment


Not only do people not concentrate on what makes them money, they actually concentrate on the lives of people who have money, entertainers.  Instead of them understanding that the entertainer is there for THEM, they are living their life for the entertainer.  The "fool" was the entertainer in royal courts.  He told jokes, sang songs, danced, played instruments.  The king never asked the "fool" how his day went.  After he stopped dancing and telling jokes, the "fool" went and had his dinner. The lives of entertainers have become what sports is to men, a complete and utter distraction. Gossip soundly replaces the sports arena.

Soap operas remove all thoughts from some people.  They would rather concentrate on the lives of fictional characters, that are obviously there as a distraction, instead of them sitting down and balancing their checkbook.

Concentrating on Church


The worst possible distraction ever invented was the church.  It is hard for people to understand this, but the rich and powerful invented the church to put the masses under spell.  A spell so deep and unshakable, that they would defend it with their lives.  How can you say to someone in this modern day, that believes in some religion, that their religion was invented by man?  How can you say to someone in this modern day, that believes in some religion, that their religion was invented to make them obey the rich and powerful?  That man would fight you with every breath he takes, denying the truth.

God did not invent a religion.  All religions were invented by man.  There is no debate about it.  Then you have to ask, why did man invent religions?  No matter where you look, the rich and powerful are the source of inventing religions and they invariably do it for one purpose and one purpose only: so that you are docile and obey them.

So instead of you concentrating on living your life much more richly, instead you live for church.  There are millions upon millions of  dirt poor people that know everything in the bible, and what their church does, but cannot afford a decent meal, and have never had the prime cuts of any meat from any animal.  There are people starving, without hope of eating, yet they know every bylaw of their religion.

If you believe in the Christian faith, in the bible it says over and over, that you should have life more abundantly.  There are very evil ministers and priests and nuns and bishops that tell you [ against all logic ] that, that statement means you should be a loving person and your reward is "in heaven", and that statement does not mean you should have more money to buy things that make you live more comfortably, or be able to afford good food, good food that heals you from malnutrition.  There are adults in this country that can quote every verse, paragraph and book of their religion, but do not know their own rental agreemant

Concentrate on Money


Enough of the negative stuff.  You know you concentrate on some rather stupid things, and I do not need to beat you over the head about it.  Admit that you're dumb and acting like a child and MOVE ON.  Get some balls, admit you've been acting silly and grow the hell up.  If you sit complaining about money, when there is so much information out there on how to make nothing BUT money, then you're a damn fool, in every sense of the word.

You should be concentrating your formative adult life, or even earlier, on what money is, and how to make plenty of it.  Instead of going to college for 5 years, you should instead learn everything you can for 5 years about money.  I am not talking about the theory and history of money, but the practice of making money.

Anyone who concentrates on money for 30 seconds, and does their own research, comes to one startling conclusion IMMEDIATELY: the only way to make money is to own assets.  By definition assets make you money:
A resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit.

Investopedia explains Asset
1. Assets are bought to increase the value of a firm or benefit the firm's operations. You can think of an asset as something that can generate cash flow, regardless of whether it's a company's manufacturing equipment or an individual's rental apartment.

2. In the context of accounting, assets are either current or fixed (non-current). Current means that the asset will be consumed within one year. Generally, this includes things like cash, accounts receivable and inventory. Fixed assets are those that are expected to keep providing benefit for more than one year, such as equipment, buildings and real estate.
So by its very nature an asset GENERATES MONEY.  A job is not an asset.  In a job, you are trading your time to generate money for someone else.  A person or company then pays you a fraction of what you are generating for them, for the time you have given them.  You cannot go away from your job for years, and continually generate money.

Your house is not an asset.  I know the bank tries to tell you your house is an asset, but they are using kindergarten terms to talk to you.  When they talk to other banks and businesses, they do not say the same thing to them.  A house can be an asset, just not your house.  A car can be an asset, just not your car.  An asset has to generate money.  Your house does not generate money, it costs you money.  I don't care how much you think your house is worth or how much you COULD sell it for, it is not an asset.  Until you actually sell the house, it generates no money.  Also, if you sell that house at a loss, and by loss you have to calculate the value of money when you bought it, versus the value of the dollar when you sold it, it might just be a total loss.

For a house to be an asset, you have to, not live in it, rent it out, and have someone pay you to live in it, i.e. it generates money FOR you.  For a car to be an asset, you have to, not use it normally, and have someone rent it out, in the normal course of driving it, i.e. it generates money FOR you.  A taxicab / limousine is an asset, a Volkswagen bug your son drives, is not.

With that in mind, concentrate on buying a second home to rent out.  Concentrate on starting a business.  A business is the only real asset you can have as an individual.  Having one rental property can be your "business".  Or, you could go the extra mile and start buying many properties which you turn around and rent out.  Where I live, rent is high and homes are cheap.  It makes no sense to rent, when you can own a home.  And, given that rent is so high, it makes no sense NOT to turn around and buy a couple of houses and rent them out to some poor schmuck.

Owning a business is the fastest and surest way to get actual money in your pocket.  You do not have to lease out a building and hire people to say that you own a business.  Think about what you would do as a business and start from there first.  Would you sell clothes that you bought cheap at market?  You could then turn around and sell it on online as your business.  You do not have to buy a building and go broke.

Please visit my legal website: Nevada DUI Attorneys
See me on YouTube: Seattle Cop Punches Black Teenage Girl

Monday, September 6, 2010

Labor Day and the Great Depression II

Don't Shop on Labor Day


Office Closed for Labor Day
If you've been under a rock this past 50 years, the economy has been hijacked by businesses.  Now I know a few of you are saying, the economy IS businesses.  That is not true.  The economy is supposed to be private transactions between honest folks - consumption; the supplying of goods - distribution; and the manufacturing of goods, labor and services - production.  Everyone seems to think that consumption is the ONLY part of the 3 part equation to look at.


The Consumer


Since the 50's the news, media and infotainment outlets have slowly, but surely changed economic reports from talking about the economy - consumption, production, distribution - to just about consumption.  In fact Americans have been slowly renamed, "the consumer".  In fact we have been so renamed that we have been pressured to act accordingly.  You are the consumer.  You are 100% of this economy.  You have not been doing your job.

George Bush makes a stupid speech after we blew up the World Trade Center, not to buckle down, save and get our economy healthy again, but to "go out and shop."   That has to be the most ridiculous assertion in the history of ridiculous assertions.  Of course he was not speaking from a benevolent leader's standpoint, he was speaking from the standpoint of one who is completely controlled by business.

By changing the vernacular of how the economy is viewed, businesses can create shopper drones in all of us.  Instead of worrying if our economy is actually growing, i.e. production plus distribution and consumption, we are concerned only with consumption.  If consumption is down, businesses put out the message that WE are not doing our duty as "the consumer".  In fact, we now add government jobs as a part of the economy.


Why Government Jobs Shouldn't Be Added in the Economic Equation


Labor Day Sucks on Unemployment
So far I've said that the economy is production, distribution and consumption.  I've hinted that government jobs should not be factored into that equation.  Some of you probably are already saying that government jobs and actions are so huge that it would be crazy not to include it in the economy.

The very idea that the government is so large and allegedly takes up a majority of the economy is preposterous to begin with.  The government shouldn't be so large as to even factor into the economy.  There are 308 million regular Americans.  There should be no way that the government dwarfs regular jobs to such a degree that we cannot avoid factoring in government jobs, to reach an adequate accounting of the economy.

Why am I so adamant about not factoring in the government into the economy?  Simply put, the government produces nothing of its own.  A normal American can buy land, plant crops, have someone deliver them to the stores and people eat the food.  The government cannot do any of that.  They have absolutely no money of their own.  We are made to think that they do, but that is not the case.  If we come to believe the government produces its own goods and services and does not rely on taxes, then businesses, who are in bed with government, can win this war of mind control of "the consumer".  They can make us all feel like this government, which is bursting at the seems, is necessary and should be observed, but only through the lens that they supply us with.


Labor Day Consumer and The Second Depression


Many are refusing to say the "D" word, depression.  Oh, infotainment news outlets will readily say "we are in a recession," but they will never say we are in a depression.  Why the charade?  They think that if they say the word depression, old timers will come out in droves and tell everyone to stop being bone heads and stop spending their money.  They think that if Americans were told the truth they would cease to be consumers and start being adults.  They are afraid that everyone would wake up to the reality that we are screwed 6 ways till Sunday, and Sunday is no guarantee of relief.

Businesses are hedging their bets and pulling out the stops to make sure all the commercials and infotainment news gets out the word to consume, consume, consume.  Labor Day is supposed to ring in the "shopping season".  Yes, not only are we consumers, but now we have a shopping season.

Happy Labor Day, Take the Day Off
Stop the madness!  Wake up!  We are not mindless shopper drones.  Instead of spending money, this economy cannot afford to be spent, save your money on Labor Day.  We need every American to stop spending needless money.  We need to go back to a creditor nation, instead of being a debtor nation.  We are literally beggars in the richest country on the planet.  We need to stop buying cheap Chinese or Asian crap and build up our savings.  We are in a depression, not a recession.  House prices are in free fall.  Gas prices are skyrocketing, food prices are soaring, car sales are in the dumps, parts of the country are jobless.  If these aren't enough to wake you up, I don't know what else could.  There are parts of the country where 1 in 3 people are out of work.  You sit in front of the news and expect to hear this?  Never!  They are not going to "report" this.  We are being sold down the river by business and the government.  Noone in power is safeguarding the real economy.

We've pissed away manufacturing.  We've pissed away production.  We've pissed away innovation.  We've even made it illegal in some parts of the nation to care for ourselves, i.e. take care of the poor on our own.  You think that's because it's safer to have the government do it.  No, it's designed that way, to eventually get everyone to rely on the government.  First it was the poor, and now it's the jobless.  Remember and realize that people making $50,000 a year are on unemployment.  Not everyone who is jobless worked at McDonald's.  Real people with real jobs are down for the count.

Instead of taking your hard earned cash and giving it away, you need to carry it to your local credit union and put it into a savings account.  And don't listen to those sheisters who talk about bad return on interest, you were going to give that money away to begin with.  We only need 10% of the population to start saving, and i mean really saving, to turn this economy around.  Yes, if 30 million Americans would stop using their credit card, debit card, and put the money into savings and ate at home, we'd be out of this slump in a year.  But, we'd need to keep doing this always.

If 10% of the population returned to being responsible creditors our economy would change.  At first it would be painful, but what we have right now is UNSUSTAINABLE.  We cannot continue to be mindless shopper drones and not fall off a cliff.  At some point, some of us have to actually be the adult and go to work on Monday and put away some money for our "nest egg".

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Wednesday, April 21, 2010

The Race is Not Given to the Swift, But to He That Endures

Stay in the Race





waiting for godotOften times we like to complain and bemoan our lot in life. "Oh I'm fat now." "Oh I'm broke now." "Oh I can't exercise because of my diabetes." Interestingly enough, if you're of a mind that never takes the present into consideration and fix your sights on a specific goal regardless of the happenstance, you'll achieve it. I'm not talking about the Oprah Winfrey B.S. about the cosmic "Secret", which is a Godless believe, that'll have you praying to demons, I'm talking about setting your mind on "on". Don't get me wrong, I love Oprah to death, but literally if you "don't know" what you're focusing your energy on, demons will very gladly take the opportunity to step right into place and act as your "guiding spirit". I'm not saying you have to pray to God, but for damn sure, don't pray openly. God only comes when he's called, them other folks come anytime you open your mouth. If you pray to the "cosmos", they'll gladly put on a galactic dress and sit right down at your table and break bread with you.