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Global Economy Bursting?

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annually for 40 years to stop climate change and famine, according to the UN's department of economic and social affairs.
:rof: idiots. Name one decade when there was no famine in the world since Biblical times.
Perhaps they can plant broom corn and sweep back the sea
Or build a giant sun shade out of organic jute and hemp
The very notion that you can or should create some steady state never-changing climate is nutso. NOLA is sinking into the sea, and unless you are willing to flood it repeatedly for decades and build the delta back up, it goes on. There were not many centuries ago, a swamp between England and Europe, not a sea...Greenland was truly green, and grew wheat there. Sheep used to weight 60 #. Bison had straight long horns. Mammoths died out a mere 4,000 years ago. There was a 75 year long drought in the SW US less than 1000 years ago. Injuns send up too many smoke signals and caused global warming?? yeah, I bet.
 
Somehow, the Unemployed Became Invisible

http://www.nytimes.com/2011/07/10/b...isible.html?_r=1&nl=todaysheadlines&emc=tha25

In 2010, some 46 percent of working Americans who were eligible to vote did so, compared with 35 percent of the unemployed. No wonder policy makers don’t fear unemployed Americans. The jobless are, politically speaking, more or less invisible. It wasn’t always so. During the Great Depression, riots erupted on the bread lines. Even in the 1980s and 1990s, angry workers descended on Washington by the busload.

What's the difference? President Obama, like President Roosevelt, is viewed by the poor and unemployed as their salvation.

“The Ballad of Roosevelt”:

The pot was empty,

The cupboard was bare.

I said, Papa,

What’s the matter here?

I’m waitin’ on Roosevelt, son,

Roosevelt, Roosevelt,

Waitin’ on Roosevelt, son.

For the moment, jobless Americans are waiting on President Obama. If unemployment stays as high as many expect, and millions exhaust their benefits, they may just find their voice in 2012.
 
Thank you California - Arizona grows thanks to Internet tax

http://www.azcentral.com/arizonarep...7/10/20110710arizona-distribution-center.html

A new California law that forces out-of-state retailers to collect sales taxes on Internet purchases could have the unintended consequence of chasing businesses and jobs away from that state - and into Arizona.

Amazon.com, which cut ties with its California advertising affiliates after the new law took effect July 1, announced plans Thursday to open a fourth distribution center in the Phoenix area. That center would bring the company's total warehouse-space usage in the Valley to more than 4 million square feet.

Many Web-based retailers have settled on a two-pronged strategy with order-fulfillment centers in Phoenix, to serve Southern California, and in Reno, to serve Northern California.

Camacho said that the Phoenix area also has been getting more inquiries over the past two months from e-commerce "affiliates" in California that are interested in relocating to the Phoenix area.

Although the affiliates are typically small companies with five to 15 employees, the large fulfillment and distribution centers usually employ a significant number of people, Camacho said.
 
riots erupted on the bread lines
worse than on bread lines...Minneapolis and Arkansas had riots in 1931.
There was labor unrest as well.
There was a food riot in Arkansas and huge protests over Roosevelt killing hogs and cattle and burying them to try and drive up the price of meat. There was a Teamsters protest that ended in a riot in Minneapolis and a Harlem race riot. Chicago police killed 10 in a steel strike and even Canada had riots in Vancouver and elsewhere. Regina had what was known as the "Trekkers" who marched in protest of the lack of work and food only to be shot by police in a melee that most believe was started by the Royal Canadian Mounted Police themselves.

The food riot in England, Arkansas a small community East of Little Rock is well documented. There was food in town but the area was suffering from a drought, a drought that was repeated in 34 and 36. When a farmer found a widow starving and destitute he rounded up neighbors to ask for food stored in warehouses in England (the town). The stores were eventually opened up with a promise from the Red Cross to reimburse the stores. When Will Rogers heard of the situation, he asked for the government to step in. They didn't and Rogers went on a tour raising money for drought relief. Rogers had a tie to Arkansas. His wife was from the town of Rogers and his father had been the commander over many Confederate soldiers from the state who fought under the Cherokee Mounted Rifles, famous for its Indian General Stand Watie. Rogers own sister and grandfather (who was murdered in the Cherokee Civil War before the War between the States) are buried within 2 miles or so of the Arkansas border.
The England Food Riot, although no one was killed or seriously injured made national news and was used by Roosevelt to campaign against the "heartless" Hoover.

And history repeated itself as civil unrest in LA, where claims were made that illegal Mexicans were taking jobs from Americans. 6,000 Mexicans were deported in one month alone.

The depression also saw a huge riot in Washington as WWI vets argued for pensions or bonuses as promised. This resulted in the Army riots near the capitol. Congress eventually gave bonds to WWI vets over Roosevelt's veto. He then urged the vets to not cash the bonds, rather keep them. They cashed them anyway and bought cars and homes boosting the economy in 34-35, only to have the high cost of social security, passed that year, send the economy back into recession in 36.

I see several issues that is holding the economy back.

- fear that things are not going to get better
- fear that the new health care is going to cost far more than anticipated just like Medicare did.
- small banks are hurting under defaults and a severe FDIC stepping in. "Forebearance" is now a dirty word and many farmers and small businessmen who depended on small bridge loans to get thru lean times are being told no.... High fuel prices have caused at least 10 long time poultry growers to lose their farms for lack of financing for one of my customers alone. And if fuel remains high, many more will be added to the list this winter. Our bitter weather hurt in many ways. I spoke with one farmer who is solvent that said he has yet to pay off his propane bill for the winter and was afraid he may go into fall before the debt is paid off. Some growers are actually getting "red" checks. Meaning the gas bill was higher than the income from the barn. (Many integrators own a gas company as well as the chicks so they deduct the gas bill from the grower's check.)
- uncertainty over regulations to come down the pike (like Dodd-Frank)
- uncertainty over future inflation
- inability of schools to produce students that have STEM (Science, Tech, Engineering, and Math) skills. There is a limit to how many finance and MBA business majors they need.
- lack of confidence that the government (Rep or Dem) is capable of doing the right thing to get us back on track.
 
......
I see several issues that is holding the economy back.

- fear that things are not going to get better
- fear that the new health care is going to cost far more than anticipated just like Medicare did.
- small banks are hurting under defaults and a severe FDIC stepping in. "Forebearance" is now a dirty word and many farmers and small businessmen who depended on small bridge loans to get thru lean times are being told no.... High fuel prices have caused at least 10 long time poultry growers to lose their farms for lack of financing for one of my customers alone. And if fuel remains high, many more will be added to the list this winter. Our bitter weather hurt in many ways. I spoke with one farmer who is solvent that said he has yet to pay off his propane bill for the winter and was afraid he may go into fall before the debt is paid off. Some growers are actually getting "red" checks. Meaning the gas bill was higher than the income from the barn. (Many integrators own a gas company as well as the chicks so they deduct the gas bill from the grower's check.)
- uncertainty over regulations to come down the pike (like Dodd-Frank)
- uncertainty over future inflation
- inability of schools to produce students that have STEM (Science, Tech, Engineering, and Math) skills. There is a limit to how many finance and MBA business majors they need.
- lack of confidence that the government (Rep or Dem) is capable of doing the right thing to get us back on track.
The fear on healthcare costs is clearly well founded. The other things can clearly change, but not that one. :new_all_coholic:
 
Do you think a new Hitler could rise in Europe out of this turmoil in the Markets?
from http://www.xtimeline.com/evt/view.aspx?id=101131
Once in power, Hitler's appointed as his economy minister Horace Greely Hjalmar Schacht, the same banker who had been responsible for ending Germany's hyperinflation some years earlier. Schacht applied vigorously the new ideas Keynes had been defending, almost simulteanously with Roosevelt's New Deal. Under the command of Schacht, who run deficit spendings of up to 5% of Nazi Germany's GNP, unemployment was completely ended in Germany by 1937, without any significant increase in inflation
 
Do you think a new Hitler could rise in Europe out of this turmoil in the Markets?
from http://www.xtimeline.com/evt/view.aspx?id=101131


Hitlernomics 101: What we need is a large class of people who will work for no pay or benefits. Hell, you don't even have to feed them. I think it is called slave labor. The first thing that has to be done is to do away with their right to vote. Isn't there something in the Constitution about that? I think it is right next to the section on aborption rights.
 
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After writing the above post yesterday concerning Hitler: Last night on History Channel they had a program on how Hitler came to power. People have always wondered about the German economic miracle. They came from nothing to the most powerful country on earth in around 4 years.
A couple of facts on how they did it: 1. They financed 30% of their military cost with money they confiscated from the Jews: 2. They reduced their social costs my killing and or stirlizing people with medical issues. (Hitlercare) 3. They used their political prisioners as slave labor. 4. They took loot when they took over other countries. 5. They did away with freedom of the press and sent anyone who disagreed with the regime to concentration camp.
Now compare this with the situation we face. We print money versus taking it from someone, we just added everyone with any health issue to the system sharing the costs, we let the prisioners out of jail because we can't affored to keep them in, we take over other countries and pay them with tax payer money instead of enjoying the loot and this is all made possible by the free press keeping the sheeple in line.
 
:rof: Just goes to prove Obama is no Hitler. :rof:

Unless someone is exterminating a portion of their countries population I do not think the name "Hitler" belongs in the discussion. I can tollerate "Nazi" anytime there is blind devotion to a cause whether right or wrong, but the little monster himself should not be brought into most discussions as a label.
 
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