OECD: Unemployment and chaos will rock the world
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"I am not one for conspiracy theories.....but" - ROFL
lol - that piece could have been written by Bill O'Reilly himself. Nice to see a bit of objective journalism. Bring back Bush, he'll fix things.
:sheep: :sheep: :sheep: :sheep:
heres just one link to what the 'scaredy cats' the OECD were scaremongering the community way back in Oct 1998.....
I guess I could go and find a similar reaction to any other crisis in the past 10 years....I guess an over reaction is the way to go...regardless.... panick has such a nice sound to it
http://www.oecd.org/dataoecd/60/2/1910684.pdf
heres just one link to what the 'scaredy cats' the OECD were scaremongering the community way back in Oct 1998.....
I guess I could go and find a similar reaction to any other crisis in the past 10 years....I guess an over reaction is the way to go...regardless.... panick has such a nice sound to it
http://www.oecd.org/dataoecd/60/2/1910684.pdf
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We already know.
It's called "Chimerica".
or could that be "Amina"?
People's United States Republic of Chimerica
Glen48
Money can't buy Poverty
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By this I mean our methods for getting food, for moving about the landscape, for deploying capital, for trading and manufacturing, for schooling, doctoring, and running public services all destabilize and, to some degree or other, fail to deliver their contribution to normal daily life. Banking (capital deployment) is already mortally wounded. It remains to be seen how this will affect the food supply half a year ahead in the harvest system. Capital is as big an “input” for our method of farming as diesel fuel or fertilizers made from methane gas. The failure of banking will combine with city and state insolvency to crush public transit, law enforcement, fire protection, and whatever flimsy local safety nets exist to keep the ultra-poor and helpless from die-off. The lowering of living standards by 20 to 50 percent essentially eliminates all but the must critical commerce, meaning that mos t of the stores in the malls and strip malls lose their customers and shed employees, while the mall and strip mall owners lose their rents, and the bankers lose performing commercial real estate loans. As all this occurs, tax revenues go way down, schools can’t pay their employees or buy diesel fuel for their yellow bus fleets. More people lose the ability to carry health insurance. Hospital emergency rooms are overwhelmed. Health care descends to Third World levels. Meanwhile, pensions are destroyed, the elderly live on dog food and ketchup…
This is where we’re headed. It could easily be worse than the 1930s, when we still had plenty of family farms, plenty of oil, plenty of factories in good running order, and a highly regimented population of workers unaccustomed to luxury, leisure, and entitlement. We’ve hardly begun to see the potential political repercussions of economic disorder now underway. I think it will start to show in a big way not long after Memorial Day, when the current false euphoric Wall Street rally ends in yet another pool of tears, and the despair trickles downward. A crucial piece of the outcome depends on what happens over at Attorney General Eric Holder’s Justice Department ”” which lately seems to have seceded from the federal government. A peeved public is going to start wondering why the bankers and insurers have not been called in by the criminal division to do a little ‘splainin&rs quo;. As the spring yields to summer, the Obama team’s current fix-it plans are also likely to have run out of credibility. Mr. O better be prepared to get a new game.
I spent the weekend at the yearly Aspen Institute Environmental Forum ”” a confab lately devoted about equally to the energy and climate fiascos. It’s a peculiar exercise, since major sponsors include the oil and gas companies and the auto industry. The Saturday center-ring panel on peak oil, for instance, was shockingly weak, led by the flack from the Shell corporation, a charming lady, highly-skilled at blowing green smoke up the public’s ass. Even more shocking is the consensus among the presenters and attendees ”” including the hotshots of climate and energy science and the elder statespersons of environmentalism ”” that the energy problem merely amounts to finding other means for running all our cars. The assumption that we must remain car-dependent remains absolutely entrenched among these people who ought to know better. Of course, the words “public transit&rdqu o; were barely uttered. It’s disappointing to find such idiocy among this particular elite.
Whiskey and Gunpowder
This is where we’re headed. It could easily be worse than the 1930s, when we still had plenty of family farms, plenty of oil, plenty of factories in good running order, and a highly regimented population of workers unaccustomed to luxury, leisure, and entitlement. We’ve hardly begun to see the potential political repercussions of economic disorder now underway. I think it will start to show in a big way not long after Memorial Day, when the current false euphoric Wall Street rally ends in yet another pool of tears, and the despair trickles downward. A crucial piece of the outcome depends on what happens over at Attorney General Eric Holder’s Justice Department ”” which lately seems to have seceded from the federal government. A peeved public is going to start wondering why the bankers and insurers have not been called in by the criminal division to do a little ‘splainin&rs quo;. As the spring yields to summer, the Obama team’s current fix-it plans are also likely to have run out of credibility. Mr. O better be prepared to get a new game.
I spent the weekend at the yearly Aspen Institute Environmental Forum ”” a confab lately devoted about equally to the energy and climate fiascos. It’s a peculiar exercise, since major sponsors include the oil and gas companies and the auto industry. The Saturday center-ring panel on peak oil, for instance, was shockingly weak, led by the flack from the Shell corporation, a charming lady, highly-skilled at blowing green smoke up the public’s ass. Even more shocking is the consensus among the presenters and attendees ”” including the hotshots of climate and energy science and the elder statespersons of environmentalism ”” that the energy problem merely amounts to finding other means for running all our cars. The assumption that we must remain car-dependent remains absolutely entrenched among these people who ought to know better. Of course, the words “public transit&rdqu o; were barely uttered. It’s disappointing to find such idiocy among this particular elite.
Whiskey and Gunpowder
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Workers at the UK's Honda plant have accepted an agreement for earnings to be cut by 3% and managers will suffer a bigger cut at 5%. This will safeguard 490 jobs.
Perhaps that's the way to go.
Perhaps that's the way to go.
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The unions wouldnt allow that here.
Rudds sucker FHB cant afford to drop 1c in wages
3% wouldnt save most companies anyway, it's more serious than that.
It makes sense so the Labor Govt would object on principal.
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