A Commentary: It is worse than you think!
The sophistication of political rhetoric has greatly improved since the 1980’s. Wherein once political-social psychologists used the fear model of job stability, the nuclear devastation or plummets in the stock/financial markets to sway the votes. The stark reality of current real life problems are not addressed- not addressed as there are deep fundamental issues on the path that will change North America and there is not a damn thing we can do about it, The Government, no mater which party is in control, will publish unemployment at less than 10%. The truth is that it is about 42%; which boils down to 90,000,000 unemployed.
The issue is that those who had employment lost their positions will never regain them as the business has moved to Asia. There is no chance of returning these jobs back to the United States-they have disappeared.
During the Great Depression of the 1930’s the United States was an industrial/manufacturing nation, but the bubble of prosperity in the 1920’s burst because of international banking destroying the world trade at that time. Deja vu?
In those times it was admitted that nothing could pull us out of the Great Depression except the intervention of World War II, wherein everybody had to work for the common good. This created a sense of prosperity until the Eisenhower Administration where everything stagnated and we were back in a recession. Korea, an obscure no nothing country in Asia was hyped as part of the Communist expansion threat; so off to war again and again, and again to keep the economy propped up.
Hard working people are losing their homes by foreclosure by the millions. We have currently 40 million homes foreclosed and another 10million to be foreclosed on. Why? The loss of employment through manufacturing, the backbone of our prosperity, is now in Asia. Currently the Bank of America has placed a halt on their foreclosures –why? The political model is not viable for the current administration if another 10,000,000 homes are closed and that means at least 3 people to a house; that is 30 million people, probably more, on the street and living under a bridge.
Business is so good in Asia that they can, and will, sell their own products and bolster their own economies from within their own sphere. China has over 1 billion people, as does India. We are cozy with Vietnam now, and building new factories for them for industrial products such as Kubota Tractors.
The steel industry that was touted to produce for the next two hundred years has played out. We are sucking sand at the oil pumps and as far as the hype about the vast underground storage of oil we have in the south, well that can be burned up in less than 3 months to electric generators, much less make gasoline for the trip to Wal-Mart with its empty shelves. The automobile industry of the big 3- oil-steel-cars- is collapsing. More plants are shutting down and there is a slow but definite move to Asia. The current hype on USA assembled Japanese/Korean cars that are defective will lead to more shutdowns of these assembly plants and more unemployment. After all who can afford the cost?
The big problem in the Great Depression there was no cash flow; no body had any money. Today there is plenty of money (and credit) for anyone and if it runs low, shucks, just print more and hand it out. No matter who is in the White House this next term, they will be handing it out too. The more monopoly money you can get floating around the board, living on mortgages and other debt the longer you can stay afloat. The Asia lenders to our trillions in debt will not call in their markers until we are totally prostrate-which is looming over the horizon, yet people have to have welfare to keep the economy going.
An interesting piece in Chicago recently quoted a mother of 5 was broke and had to have another baby to gain more welfare for her family which included her parents and gosh knows who else. It seems that Chicago pays $1,500.00 a month for each baby, plus total medical, food stamps, Wick and the list goes on. Roughly just five children bring in $7,500.00 a month.
Probably the biggest gripe is that the Hispanics are taking jobs. Not quite true as the current generation of Hispanics in this country are ensconced with education and a savvy understanding of the system that keeps most employed other than gang members also on the dole. The real and underlying issue is not immigration. The issue is migration from South America. When you have a swarm of lemmings they eat everything and migrations of masses of people do the same and denude your resources. The migration is not going to stop. Statistically when hard working immigrants come to the United States, they are loyal and pay taxes. It is their offspring that become a drain on the social structure, usually joining gangs.
From another historical view wherein crumbling civilizations broke down, people began to form tribal groups just as we see today. Tribal basics are to establish a power figure and dominate a territory.
Drugs have been battled by the past administrations for years. We have recently admitted we have lost. What is next? We are moving to legalize and tax current illegal drugs, California being the forefront. Revenue has to come from someplace so the lessons learned in the “Great Experiment” of making it constitutionally illegal to sell alcohol was repealed. I note the State of Virginia is about to give up the ABC liquor control. More revenue in the private sector, more taxes, more alcoholism-see Russia today.
Since 1980 the introduction of kitchen made meth drugs along with tons and tons of pharmaceuticals from the land of Nod is the fastest death sentence we have- probably before the banking system causes economic chaos again since there has been no real cleanup of their rules and behaviors since 2008.
Generally this direction promotes a last ditch response through Fascism and this variant may be seen in your next 10 years. There is a rise of militancy already. Think of Fascism as a suspension of the Constitution and a military government system. Several countries have tried this, mostly in South America over the past two generations. The exalted leaders are still free of course, but thousands were sacrificed for new controls through “death squads”, confiscation of property and appeal to the ignorance of the masses. Intellectuals are the first to be purged.
I think there is a lot to be learned from the Soviet-Russia collapse from the social perspective as much of what has happened there is a model for what is happening and will happen to the United States.
Although this article suggests a grim picture, it is tiny in comparison to the doom on the net and even the Government controlled media. Since none of us can individually do anything to curtail the downfall of the capitalist system we live in, there are personal steps you can do to make transitions more feasible for you and your family.
First off it get out of debt. That means everyone works two jobs, S— jobs if necessary. Get out of debt because you cannot beat the system switching credit cards and buying and selling to stay afloat. You have to knuckle down and bite the bullet. Once debt free and with a manageable way of handling your cash flow you will be light years ahead of your neighbors still pushing the wheelbarrow. To become debt free, go to daveramsey.com to get started. Join a community action group that focuses of helping each other not political rhetoric. Community gardening, community health caregivers exchanges, community elder care, childcare, education. Become a Prepper.
Again, for those that missed it, half the work force is unemployed; that implies no cash flow and what we learned in the Great Depression was that cash flow is the economy so currently we borrow and inflate money and pass it on to the masses who in turn buy at Wal*Mart. I do not say this with derision, it is a simple economic fact and it is not going to get better; the system is breaking down.
God Bless us all.
COPYRIGHT: 2010, Back2theland.com, Mark Steel