CHART The voters supposedly wanted economic change, so they voted republican? Further proving that the voters don't have a clue as to who stands for what. Certainly proving they haven't been paying attention for quite awhile.
This chart above shows thousands of manufacturing jobs going away and being placed in service jobs paying a lot less. Half of all this years college grads are working at occupations they did not train for. To top off this glum picture this piece says that half of today's jobs will be gone in decade.
It impossible for me to wrap my head around just how this will all turn out. Sure I know how, but I don't want to admit it. With wages down and jobs missing it is not a wonder why consumption is down and will stay down till? How (if) we will get out of this mess is yet to be seen.
Monday, November 10, 2014
Thursday, November 6, 2014
STOP THINKING -NOW SHOOT YOUR FOOT.
Have you been excited by lower gas prices , I was, but didn't expect it would be done by our government in a secret deal with Saudi to flood the market with oil to make the prices drop. A favor to us , not hardly! It was done to put the hurt on Russia and Iran by decreasing their income from low oil prices. So of course all countries are forced to pump more oil to meet their bills.
Shooting your foot. What these rocket sleds didn't see was the lower oil prices will essentially kill fracking as a production process. Already a poor return on investment fracking wells will cease to be useful.
With most of the sweet spots already drilled and output falling at a astounding rate , punching more holes just to keep up will become impossible. The money to finance them will disappear as the riskiness of getting your invest back gets slimmer and slimmer.
For a glimpse of the economics behind all this read this article .
As readers if this blog know I have been harping on the bullshit story of a 100 year supply of fracking gas , and the destruction of the environment it causes by destroying water sources for years. For a country to putt all it's card on such a fragile technology is very difficult to understand. Just another short term scheme to generate a few bucks.
It gives me some pleasure that I have been able to point the finger ahead of time at an obvious hoax on the people once again. When the PTB finally figure out they have screwed up they will have to turn to Nuclear power to meet our future needs. As the fossil energy is used up or is made unaccessible the evident need for another power source will become obvious. The remaining sources are limited at least at this time leaving only nuclear plants as the solution. Yeah I know you are all scared by Fukushima but many improvements on design have come as a direct result of that accident. Peaks at the new design give me even more confidence that the new reactors on the drawing board and some already under construction will reliably fill our power needs of the future.
Shooting your foot. What these rocket sleds didn't see was the lower oil prices will essentially kill fracking as a production process. Already a poor return on investment fracking wells will cease to be useful.
With most of the sweet spots already drilled and output falling at a astounding rate , punching more holes just to keep up will become impossible. The money to finance them will disappear as the riskiness of getting your invest back gets slimmer and slimmer.
For a glimpse of the economics behind all this read this article .
As readers if this blog know I have been harping on the bullshit story of a 100 year supply of fracking gas , and the destruction of the environment it causes by destroying water sources for years. For a country to putt all it's card on such a fragile technology is very difficult to understand. Just another short term scheme to generate a few bucks.
It gives me some pleasure that I have been able to point the finger ahead of time at an obvious hoax on the people once again. When the PTB finally figure out they have screwed up they will have to turn to Nuclear power to meet our future needs. As the fossil energy is used up or is made unaccessible the evident need for another power source will become obvious. The remaining sources are limited at least at this time leaving only nuclear plants as the solution. Yeah I know you are all scared by Fukushima but many improvements on design have come as a direct result of that accident. Peaks at the new design give me even more confidence that the new reactors on the drawing board and some already under construction will reliably fill our power needs of the future.
Tuesday, November 4, 2014
THE NATION HAS SPOKEN
But lord knows what they had in their minds. We have been in recession /depression since 2007 mostly held down by austerity cuts forced by a congress that has had it head far up their asses , right along with President Obama. If you look at the real numbers(not the government type) you find that we have made zero headway on a sustainable recovery.
So what does our esteemed voters do, well of course they gave the republicans complete control of both houses. The bunch of loonies will most likely force more cuts and succeed in driving what little recovery we have made. The recovery we have made is only supported by low wage service jobs that come and go with fluctuations in the economy.
So what do I expect the next two years to bring. More of the same I would guess , more bills will be passed but the big question is how many or them will Obama sign.. Or perhaps the Democrats play the same game in the Senate as the republicans and block everything from coming to a vote then we will have four more years of nothing of note happening.
So my question to you is simply this " What will the voters do in 2016 if this congress does absolutely nothing?"
So what does our esteemed voters do, well of course they gave the republicans complete control of both houses. The bunch of loonies will most likely force more cuts and succeed in driving what little recovery we have made. The recovery we have made is only supported by low wage service jobs that come and go with fluctuations in the economy.
So what do I expect the next two years to bring. More of the same I would guess , more bills will be passed but the big question is how many or them will Obama sign.. Or perhaps the Democrats play the same game in the Senate as the republicans and block everything from coming to a vote then we will have four more years of nothing of note happening.
So my question to you is simply this " What will the voters do in 2016 if this congress does absolutely nothing?"
Friday, October 17, 2014
FIRST , DETERMINE WHAT YOU WANT TO PROVE.
Them manipulate the data to prove your point. The study done out a
Tulane think tank wants you to believe that Charter schools are far superior to our conventional public institution.
HERE IS THE STORY
I was tempted to title this story "The Illusion of Smarts" but hell you probably already figured where I was on this piece. So many lies, not enough think tanks or propaganda mills( called media) to disseminate bullshit
Tulane think tank wants you to believe that Charter schools are far superior to our conventional public institution.
HERE IS THE STORY
I was tempted to title this story "The Illusion of Smarts" but hell you probably already figured where I was on this piece. So many lies, not enough think tanks or propaganda mills( called media) to disseminate bullshit
THE MUSHROOM TREATMENT
Were just a pile of mushrooms , kept in the dark and fed bullshit to keep us happily at our appointed tasks.
Some say as many as 70 percent of us citizens have a very hard time believing the misdeeds of those in power. Even when the evidence is presented to them ( which is seldom the case) , with the exception of a few of us cynical types who don't believe one damn thing that comes out of politicians or corporate mouthpieces.
This PIECE spells out in detail some of the major crimes of the past 30 years or more depending on how far you want to go back.
Most of the mentioned events concern our actions in foreign lands to garner and control the natural resources of the world. making life extremely hard for common citizens. You can check our shenanigans in South America in the 80's , and then look at today. The difference WE , you and me are in the cross hairs , and they are determined to wring the last cent of profit out of us they can. What end game they have in mind I'm sure is the biggest fairy tale ever told.
It has to happen someday, and I hope I'm still around to see it. When the citizens wake up and understand they have been led down the road to poverty what will be their reaction? When they finally understand they will never be able to pay off their student loans,. on their minimum wage jobs. At about the same time they will realize they will probably never own a house, or have a family, or consider a retirement.
Ill let you look at history for yourself and see where you think it will end up. I think I know and I'm sad.
Some say as many as 70 percent of us citizens have a very hard time believing the misdeeds of those in power. Even when the evidence is presented to them ( which is seldom the case) , with the exception of a few of us cynical types who don't believe one damn thing that comes out of politicians or corporate mouthpieces.
This PIECE spells out in detail some of the major crimes of the past 30 years or more depending on how far you want to go back.
Most of the mentioned events concern our actions in foreign lands to garner and control the natural resources of the world. making life extremely hard for common citizens. You can check our shenanigans in South America in the 80's , and then look at today. The difference WE , you and me are in the cross hairs , and they are determined to wring the last cent of profit out of us they can. What end game they have in mind I'm sure is the biggest fairy tale ever told.
It has to happen someday, and I hope I'm still around to see it. When the citizens wake up and understand they have been led down the road to poverty what will be their reaction? When they finally understand they will never be able to pay off their student loans,. on their minimum wage jobs. At about the same time they will realize they will probably never own a house, or have a family, or consider a retirement.
Ill let you look at history for yourself and see where you think it will end up. I think I know and I'm sad.
FOURTY MILLION DOLLARS DOWN THE DRAIN
The Senate Intelligence Committee (? on the intelligence part) spent 40 million investigating responsibility for our beloved torture program. It did not include the president of his cabinet in the study. There overall finding "The CIA and the Justice Dept lied to them.
No shit Sherlock , what did you expect? They knew the team wasn't looking at the White House team so they could pretty much say whatever came to mind.
6000 pages in the study of which we will only get to see a redacted summary about 500 pages long.
We all know from other info that there were regular round table meeting in the White House with a selected team that actually discussed what torture to use on an individual basis, but none of this is exposed.
To sum it up , just 40 million bucks pissed down the drain , the most damned expensive white of late.
Here is the story HERE
Keep in mind just for clarity the 911 Committee report that was another waste of money to publish porn. (It was a fuck story as we know now)
No shit Sherlock , what did you expect? They knew the team wasn't looking at the White House team so they could pretty much say whatever came to mind.
6000 pages in the study of which we will only get to see a redacted summary about 500 pages long.
We all know from other info that there were regular round table meeting in the White House with a selected team that actually discussed what torture to use on an individual basis, but none of this is exposed.
To sum it up , just 40 million bucks pissed down the drain , the most damned expensive white of late.
Here is the story HERE
Keep in mind just for clarity the 911 Committee report that was another waste of money to publish porn. (It was a fuck story as we know now)
Thursday, October 16, 2014
THE ILLUSION OF LEADERSHIP
No matter where you look the leadership of many institutions is manned by folks who cannot tell the truth and seem to make up laws as they go From judges, to bankers, to presidents , to military leaders,to ceo's they all lead us into a catastrophic ending.
For years I have observed what appears to be big problems in military leadership. Captains and Exec's and Command Master Chief's have been relieved for mostly unstated causes. Some have been tied to harassment. Now there is a new survey of active duty sailors that says 90% of them say they do not trust their leaders. Something definitely is going on in the Navy particularly. More collisions at sea then I can remember. Many more technical blunders like building ships that cannot do the mission they were supposedly designed for, buying big ticket items that are not needed and not wanted. Attempting to attack pay and benefits of active and retired sailors as they think the demand for them will diminish as the Navy automates.
It's easy to pick on presidents, one at a time or as a group and many have done so in many ways. I will simply say we have not had a president that was for the people since at least 1980. Since Ronald Regan set us on the course of conservative economics the course has been followed by each party when they have the reins.
This slacking of the reins during the years after 1980 has allowed our bankers and ceo's get filthy rich, some with quasi legal methods and others flat committed felonies in the pursuit of personnel wealth at the expense of the working man.
So far I have targeted the big leaders but the truth of the matter is that the sickness flows down the ladder to those of who serve below. It would be easy to say it's because of the flawed leadership at the top that those below somehow don't want to do their jobs. One of the most glaring examples comes to mind in thinking about the attack of the towers, when it was announced by the EPA that the air quality around the towers was safe. Just about any fool could look at the clouds of crap flowing in the streets and know it was toxic , and it turned out to be very toxic killing many first responders from respiratory illness.
Agency heads, one after the other appear before Congressional committees and appear to have little knowledge of the agency they head. There is a possibility that they were playing stupid but when you look at the performance of their agencies you are lead to believe they don't have a clue.
This latest Ebola adventure is a perfect example of leadership failing to take command of a problem and we are finding out facts one would have assumed would be the natural flow of things. Finding out that the CDC has no legal authority over rules it puts in place was a shocker. We find that the Dallas hospital invented it's own rules that proved to be inadequate in the end. Being shown the protection provided by Doctors Without Borders vs what the Dallas hospital provided gave us a clear idea of who was screwed up, and that there were no enforceable rules in place. The second nurse from the Dallas hospital was out of town when she got a fever and called the CDC before catching a flight home, they said sure fly your ok to go. There own guidelines say that she should have been put into isolation immediately. Once again an agency poorly led with employees not up to par handling cases as this.
I have to throw in a dig against the Federal Reserves handling of the economy. After throwing trillions of dollars into saving the banks act surprised that it did not bring about a recovery. Meantime said banks and their Hedge fund buddies raped the American economy by running stocks and commodities up and down like a yoyo , along with the corporations themselves buying back their own stock instead of investing in the economy and it's people. This week QE was stopped and of course the market took it unkindly and plunged, and event long overdue.Now there is talk of more QE to stabilize the markets. It won't do a thing for the real economy but they will probably follow the same ole path.
Take a look a Europe, they are entering what some are calling a third round of recession when a stronger look will tell you that they never came out and that we really are in a different kind of depression. Different in that nobody calls it that, but when you look at the real numbers instead of the manufactured data we have been in a constant downturn world wide for a very long time. With the austerity binge going on world wide to think that somehow that would bring about a recovery was far from the truth and if they didn't know it would work you fall back on the leadership is not up to the task that it should be able to handle.
Everywhere you turn from government to business to educators all seem to be leading us down the wrong path. Conservative economic thinking has been a disaster demonstrated world wide since at least 1980. It looks like nobody ever looks at history for guidance they follow the little red ball of conservative thinking.
I could go on raving about this and that but I think you get my drift by now. We are in a depression and the powers that be have no intention of leading us out to prosperity. How anybody could think any of the fixes would work is beyond my grasp. My big problem is I can see no White Knight leading us out of darkness. With money controlling government what chance do we have?
It's sure as hell isn't putting a Congress controlled (both houses) by republicans. If you think things have not being going in the right direction just wait and see what a fully conservative congress will give us.
PREPARE TO DIVE you will need to run deep and quiet to come out the other side of this mess.
For years I have observed what appears to be big problems in military leadership. Captains and Exec's and Command Master Chief's have been relieved for mostly unstated causes. Some have been tied to harassment. Now there is a new survey of active duty sailors that says 90% of them say they do not trust their leaders. Something definitely is going on in the Navy particularly. More collisions at sea then I can remember. Many more technical blunders like building ships that cannot do the mission they were supposedly designed for, buying big ticket items that are not needed and not wanted. Attempting to attack pay and benefits of active and retired sailors as they think the demand for them will diminish as the Navy automates.
It's easy to pick on presidents, one at a time or as a group and many have done so in many ways. I will simply say we have not had a president that was for the people since at least 1980. Since Ronald Regan set us on the course of conservative economics the course has been followed by each party when they have the reins.
This slacking of the reins during the years after 1980 has allowed our bankers and ceo's get filthy rich, some with quasi legal methods and others flat committed felonies in the pursuit of personnel wealth at the expense of the working man.
So far I have targeted the big leaders but the truth of the matter is that the sickness flows down the ladder to those of who serve below. It would be easy to say it's because of the flawed leadership at the top that those below somehow don't want to do their jobs. One of the most glaring examples comes to mind in thinking about the attack of the towers, when it was announced by the EPA that the air quality around the towers was safe. Just about any fool could look at the clouds of crap flowing in the streets and know it was toxic , and it turned out to be very toxic killing many first responders from respiratory illness.
Agency heads, one after the other appear before Congressional committees and appear to have little knowledge of the agency they head. There is a possibility that they were playing stupid but when you look at the performance of their agencies you are lead to believe they don't have a clue.
This latest Ebola adventure is a perfect example of leadership failing to take command of a problem and we are finding out facts one would have assumed would be the natural flow of things. Finding out that the CDC has no legal authority over rules it puts in place was a shocker. We find that the Dallas hospital invented it's own rules that proved to be inadequate in the end. Being shown the protection provided by Doctors Without Borders vs what the Dallas hospital provided gave us a clear idea of who was screwed up, and that there were no enforceable rules in place. The second nurse from the Dallas hospital was out of town when she got a fever and called the CDC before catching a flight home, they said sure fly your ok to go. There own guidelines say that she should have been put into isolation immediately. Once again an agency poorly led with employees not up to par handling cases as this.
I have to throw in a dig against the Federal Reserves handling of the economy. After throwing trillions of dollars into saving the banks act surprised that it did not bring about a recovery. Meantime said banks and their Hedge fund buddies raped the American economy by running stocks and commodities up and down like a yoyo , along with the corporations themselves buying back their own stock instead of investing in the economy and it's people. This week QE was stopped and of course the market took it unkindly and plunged, and event long overdue.Now there is talk of more QE to stabilize the markets. It won't do a thing for the real economy but they will probably follow the same ole path.
Take a look a Europe, they are entering what some are calling a third round of recession when a stronger look will tell you that they never came out and that we really are in a different kind of depression. Different in that nobody calls it that, but when you look at the real numbers instead of the manufactured data we have been in a constant downturn world wide for a very long time. With the austerity binge going on world wide to think that somehow that would bring about a recovery was far from the truth and if they didn't know it would work you fall back on the leadership is not up to the task that it should be able to handle.
Everywhere you turn from government to business to educators all seem to be leading us down the wrong path. Conservative economic thinking has been a disaster demonstrated world wide since at least 1980. It looks like nobody ever looks at history for guidance they follow the little red ball of conservative thinking.
I could go on raving about this and that but I think you get my drift by now. We are in a depression and the powers that be have no intention of leading us out to prosperity. How anybody could think any of the fixes would work is beyond my grasp. My big problem is I can see no White Knight leading us out of darkness. With money controlling government what chance do we have?
It's sure as hell isn't putting a Congress controlled (both houses) by republicans. If you think things have not being going in the right direction just wait and see what a fully conservative congress will give us.
PREPARE TO DIVE you will need to run deep and quiet to come out the other side of this mess.
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