Posts Tagged ‘Unemployment’

The economic mess and structural problems in EU and USA – Part 2

23 januari, 2013

This is the second part about USA. Again, It ain’t pretty to say the least!

Where the same absurd Alice in Wonderland economic and political farce is playing out in the USA. And as in Europe it is, as usual, the common people who are paying the price.

And as in Europe, the US crisis is anything but over regardless of what the political elites are trying to tell the people in USA. In USA the role of ECB is played by the FED (the Federal Reserve), which creates money out of “thin air” to support the gigantic and increasing debt. And to keep the stock market going and lower the price of the dollar.

So that the federal US government can spend your tax money like a drunken sailor.

(See my posts:                                      

The US election – Yes we have NO bananas

How Obama loves the poor SOOO MUCH, especially the black, that they have had the largest single drop in income ever

In three graphs – Obama Economics)

All graphs get bigger when you click on them

USA_jobs2

                                                 USA

In USA, Goldman Sachs and the other investment banks, plus the big Hedge Funds, are pushing leverage to ridiculous and dangerous extremes.

If you read the Comptroller of the Currency, Administrator of National Banks, report for the second quarter 2012 “Quarterly Report on Bank Trading and Derivatives Activities”, you get utterly horrified of the totals of the open derivatives positions in the US market.

Four of the largest U.S. banks are walking an extreme tightrope of risk, leverage and debt when it comes to derivatives.  Below you are going to find just how utterly exposed they are.

But first what is leverage?

Most people do not understand “leverage” and what it actually means. If they did, they would not sleep at night knowing what’s going on right now.

To put it simple: leverage means that these banks etc use a leverage of say 1:50 or 1:100 in their speculations. Which means that they only put up 1 of their own dollars for an investment worth 50 or 100 dollar. Their dollars are “worth” 50 or 100 times more than they actually are.

It ALSO means that IF “things” goes wrong way they LOSE 50 or 100 dollars for every dollar they invested in that trade or position. Or much, much more.

And usually when things goes wrong, it goes very fast when it comes to trading with these kind of leverages. So very quickly, these sums get astronomical. In a couple of days they can literally lose ALL their capital and more.

Nov deficit

 This has happened time and time again. Just to mention a few:

–         Lehman Brothers (was the 4th largest inv. bank in the US).

–          Bear Stearns

–          American International Group

–          Northern Rock (a medium-sized British bank)

–          Washington Mutual

–          American Savings and Loan

–          Landsbanki and Glitnir

–          Barings Bank

–          Société Générale

–          JP Morgan Chase & Co

–          Morgan Stanley

–          Long-Term Capital Management L.P. (LTCM)

As I said before, this is JUST A VERY SHORT LIST

Avalanche

This would not per se be a problem if this were a truly free and capitalist market. Because then these banks would go bankrupt and the owners and investors would lose their money. As they are supposed to do if the do bad business or trades.

But as we all know, this is NOT a free and capitalist market.  Our “dear” politicians have “decided” that these banks with all their wild speculations are too important or to big, to be allowed to fail.

 So instead, they have used taxpayer’s money and put whole countries at risk and in extreme debt just to bail out these banks.

And the banks knows that whatever speculations they do, REGARDLESS of how much or bad they speculate, and as you can see below their speculations are horrific, the politicians are going to bail them out with our tax money.

JP Morgan Chase

Total Assets: $1,812,837,000,000 (just over 1.8 trillion dollars)

Total Exposure To Derivatives: $69,238,349,000,000 (more than 69 trillion dollars)

 Citibank

Total Assets: $1,347,841,000,000 (a bit more than 1.3 trillion dollars)

Total Exposure To Derivatives: $52,150,970,000,000 (more than 52 trillion dollars)

Bank Of America

Total Assets: $1,445,093,000,000 (a bit more than 1.4 trillion dollars)

Total Exposure To Derivatives: $44,405,372,000,000 (more than 44 trillion dollars)

Goldman Sachs

Total Assets: $114,693,000,000 (a bit more than 114 billion dollars)

Total Exposure To Derivatives: $41,580,395,000,000 (more than 41 trillion dollars)

To sum up – TOTAL EXPOSURE TO DERIVATES for ONLY these four banks:

 207, 375, 086, 000, 000 TRILLION DOLLARS!!!!!!!!!!!

TOTAL ASSETS for these four banks:  4,720,464,000,000 TRILLION DOLLARS

So they can “cover” 2,27 % of the Total Exposure with ALL their Assets!

So who is going to pay for the “rest”:  202, 654, 622, 000, 000  TRILLION DOLLARS!!!!!!!!!!! if anything goes wrong?

EmployRecNov2012

Well, we know the answer to that doesn’t we. So far, it’s the common people, i.e. the taxpayers, who had to cover for all the banks bad speculations thanks to our dear politicians.

Take another look at those figures for Goldman Sachs.  If you do the math, Goldman Sachs has total exposure to derivatives contracts that is more than 364 times greater than their total assets!

That is utter insanity, but everyone just keeps pretending that the emperor actually has clothes on.

And why are “our” politicians SO EAGER to protect these speculators?

To put these GIGANTIC sums into perspective lets compare with the GDP from USA and all of EU from 2011

There a lot of different way to calculate GDP and the figures for each year. Add to that exchange fluctuations, conversion rates etc. So the figures below comes from the same source (IMF) to make the comparison easier.  And it is their conversion.

GDP USA 2011 – 15,094,025 billion US dollars

GDP EU 2011 –  17,610,826 billion US dollars

Total GDP for EU and USA 2011: 32,704,851 billion US dollars.

Lets compare these 32,704,851 billion US dollars with TOTAL EXPOSURE TO DERIVATES for  these four above mentioned banks:

207, 375, 086, 000, 000 TRILLION DOLLARS!!!!!!!!!!!

VS

32,704,851 billion US dollars in COMBINED GDP of EU and USA

Anyone see any problem???

Problem solved all right. So just move on, nothing to notice here or worry about.

Because according to out “dear” politicians, bankers and political elites from EU and USA there is NO SERIOUS PROBLEM HERE. The problems in USA and EU are more or less solved etc.

So the ones that put as in the mess in the first place, very “reassuringly” tells us: “We take care of it”.

Yeah sure!

mrzSpendaholic2

Let’s move on to another “bright spot” –the federal budget and debt. The figures are based on the 2012/2013 data:

2012 US Tax Revenue: $2,469,000,000,000

2012 Federal budget: $3,796,000,000,000

2012 Budget deficit: $1,327,000,000,000

US Federal Debt as of January 22, 2013: $16,471,084,067,491

Total interest paid on the debt in 2012: $359,796,008,919

Budget INCREASE between 2012 and 2013: $38,500,000,000

mrzWhat is the

To make these gigantic sums understandable here is how these figures would look like for a “normal” family:

Annual family income: $24,690

Annual family expenses: $37,960.  154% of the annual family income.

Annual family shortfall borrowed from friends/neighbors etc: $13,270.  54% of the annual family income.

Total interest the family paid last year: $3,598 (at near 0% interest).  Nearly 15% of the annual family income

Total family debt (mortgage, auto, credit card): $164,471.This is   666% of the annual family income.

Change in family spending this year: an increase of $385

This looks like a very responsible family wouldn’t you say?

And do you think this family would get any loans from the banks?

When you look at it this way, it really seems absurd. Yet it’s true… a slow motion train wreck. That any person with more than one functioning brain cell can see coming miles away.  Except our “dear” politicians. They are in ACTUAL FACT increasing the spending AND the debt.

Foodstamps%20Oct

Here’s another way to look at the debt ceiling I found in a paper. It’s very symptomatic:

Let’s say you come home from work and find there has been a sewer backup in your neighborhood… and your home has sewage all the way up to your ceilings.

What do you think you should do?

Raise the ceilings, or remove the crap?

Well, or “dear” politicians are franticly at an increasing speed trying to raise the ceiling at the same time as the “sewage” is increasing EVEN MORE.

Yeap, there you have politicians in a nutshell.

Why fix the problem that they themselves caused, when the politicians can pretend that they are the giver of all gods and bearer of all gifts to all the people all the time.

And it doesn’t cost anything for anybody. It’s ALL free forever. And they all lived happily ever after.

Sounds like a wonderful fairytale doesn’t it?

On that “cheerful” note, I stop here.

mrzOur children

Läs även andra bloggares åsikter om http://bloggar.se/om/milj%F6” rel=”tag”>miljö</a>, <a href=” http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter, Läs även andra bloggares åsikter om http://bloggar.se/om/USA” rel=”tag”>USA</a>

Annonser

The US election – Yes we have NO bananas

8 november, 2012

I could talk at length of the different aspects of this election and the result. But I will not. That would require a long essay. And that is for another time. So it’s just going to be a quick comment (well sort of), and follow up to my post The betrayal of journalism and the first amendment by the mainstream media in USA

It is a very sad day indeed to see a people voluntarily decide to throw themselves and their country over the cliff.

Let’s look at the economy (the figures are from the Congressional Budget Office):

In the Fiscal Year 2011, the federal government collected $2.303 trillion in tax revenue. Interest on the debt that year totaled $454.4 billion, and mandatory spending totaled $2,025 billion. In sum, mandatory spending plus debt interest totaled $2.479 trillion –. exceeding total revenue by $176.4 billion.

(Mandatory spending includes entitlements like Medicare, Social Security etc. which are REQUIRED by law to be paid. Congress in practical terms do not see this money, it is automatically deducted.)

For the Fiscal Year 2012, which just ended 37 days ago, that deficit increased 43% to $251.8 billion.

In other words, they could cut the entire Federal Government’s discretionary budget – No military, SEC, FBI, EPA, DHS, IRS, etc.- and they would still be in deficit by a quarter of a trillion dollars.

(Discretionary spending includes nearly everything we think of related to government- the US military, the Department of  Homeland Security, IRS, EPA etc.)

The only thing showing any growth in the US, besides the debilitating regulatory burdens, is the national debt. It took over 200 years for the US government to accumulate its first trillion dollars in debt. It took just 286 days to accumulate the most recent trillion (to $16 trillion).

Last month alone, the first month of Fiscal Year 2013, the US government accumulated nearly $200 billion in new debt in just 31 days.

And the numbers will only continue to get worse. 10,000 people each day begin receiving mandatory entitlements. Fewer people remain behind to pay into the system. The debt keeps rising, and interest payments will continue to rise even more. In addition, the dollar is going to decline.

The result, the US government is legally bound to spend more money on mandatory entitlements and interest than it can raise in tax revenue. It will not make any difference how high the federal, state or local government raise taxes, or even if they cut everything.

Another effect of Obama economics is that the poor are getting poorer, especially the black.  Under Obama the poorest Americans has suffered the single largest drop in income ever.

And the Black Americans in the same lowest income quintile have suffered almost double as the average American in the same quintile under Obama:

The drop is – 11.58% in one year (2010) and is at the lowest level ever.

That’s what I call “change”! But I would not call it “hope”.

And the number of people classified as poor are getting larger and larger.

See also my posts

How Obama loves the poor SOOO MUCH, especially the black, that they have had the largest single drop in income ever

In three graphs – Obama Economics

America, You are at a tipping point and you have your last change to stop it – Part 10

America, You are at a tipping point and you have your last change to stop it – Part 9

America, You are at a tipping point and you have your last change to stop it – Part 8

America, You are at a tipping point and you have your last change to stop it – Part 7

America, You are at a tipping point and you have your last change to stop it – Part 6

America, You are at a tipping point and you have your last change to stop it – Part 5

America, You are at a tipping point and you have your last change to stop it – Part 4

America, You are at a tipping point and you have your last change to stop it – Part 3

America, You are at a tipping point and you have your last change to stop it – Part 2

America, You are at a tipping point and you have your last change to stop it – Part 1

Why, Mr President, are you deliberately destroying the American way and committing economic harakiri?

And then of course we have the very disastrous Obama Care.  I wrote 34 posts about it. You can read them here:

Obama Care 34 – Which system do YOU thinks works best?

Obama Care 33 – President Obama is a willful and certified liar

Obama Care 32

Obama Care 31

Obama Care 30

Obama Care 29

Obama Care 28

Obama Care 27

Etc…

Obama Care

Then on top of that, we have the equally disastrous foreign policy. Where the Obama administration systematically have thrown their former allies (Eastern Europe, Britain, Israel, Egypt, Saudi Arabia  etc) under the bus, and helped parties like the Muslim Brotherhood that hate everything that USA and the western world stands for, to power.

See my 19 posts on Syria etc as some examples of that disastrous foreign policy:

How the Assad regime with the help of Russia, Iran, China and Hezbollah transformed peaceful protester to fighters

Here is links to all my posts

Russia’s solution for Syria – More Carpet bombing and Total Destruction

I could go on with many more examples but I think I will stop here.

But as the old saying goes (Joseph de Maistre in a letter from St Petersburg August 1811): a country has the politicians/government that they deserve.  So enjoy!

In addition,  this quote from a reader’s commentary in The Prager Zeitung in March 2010 (translated from Czech) sums it up quite well really:

Multitude of Fools

The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president.

The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the prince of the fools should not blind anyone to the vast confederacy of  fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool.

It is less likely to survive a multitude of fools such as those who made him their president.“

P.S. If you are wondering about the title, see this video with music by Spike Jones. There is another long story behind the lyrics but that you have to find out yourself. D.S.

Spike Jone – yes we have no bananas

http://www.youtube.com/watch?v=jT6JkceQ9FU

Läs även andra bloggares åsikter om http://bloggar.se/om/milj%F6” rel=”tag”>miljö</a>, <a href=” http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter, Läs även andra bloggares åsikter om<a href=” http://bloggar.se/om/USA” rel=”tag”>USA</a>

How Obama loves the poor SOOO MUCH, especially the black, that they have had the largest single drop in income ever

15 september, 2011

The Census Bureau has just published it latest Income and poverty data for U.S.(2010). The data goes back to 1967.

The report here:

Income, Poverty, and Health Insurance Coverage in the United States: 2010

http://www.census.gov/prod/2011pubs/p60-239.pdf

                         Another hole in one!

It is really a terrifying reading – Under Obama the poorest Americans has suffered the single largest drop in income ever.

Take a look at this chart (done by Justin Hart, http://ihartpolitics.com/?p=308) –

It shows the % change in the lowest quintile median incomes, the poorest Americans, from 1968 (in 2010 dollars)

And the drop is – 6.04% in one year (2010)

And then let’s have a lock at Black Americans in the same lowest income quintile.

They have suffered almost double as the average American in the same quintile under Obama:

The drop is – 11.58% in one year (2010) and is at the lowest level ever.

That’s what I call “change”! But I wouldn’t call it “hope”.

Some other highlights in the name of hope and change:

– Median household money income for the nation was $49,400 in 2010, a decline of 2.3 percent from 2009, in real terms.

– The 2010 official poverty rate for the nation was 15.1 percent, up from 14.3 percent in 2009, with 46.2 million people in poverty, an increase of 2.6 million since 2009. The highest percentage since 1993 (15.1%) and 1982 (15.2%), and the largest number in the 52 years for which poverty estimates have been published.

The 2010 official poverty rate for blacks was 27.4 percent, up from 25.8 percent in 2009, with 10.7 million people in poverty, an increase of 731 000 since 2009. The highest percentage since 1996 (28.4%), and the largest number in 17 years.

– The decline of Real Median Household Income among the15 to 24 years was – 9.3%.

                               Are you extremists?

Obama had three pillars that swept him to power – huge turnout among young (under 30), Hispanics and Blacks. Now the young and Hispanics are gone, down to 43-44% as the rest of the population. So he is toast.

But the blacks are still overwhelmingly behind Obama (around 81%).

The obvious question is why? Since under Obamas “eminent leadership” they have had the biggest drop in income and living standard ever. Not to mention skyrocketing unemployment.

With so much “hope” and “change”, I guess that’s why he is so “popular”.

____________________________________________

A quick update on September 27 to my post:

I wrote:

“Obama had three pillars that swept him to power – huge turnout among young (under 30), Hispanics and Blacks. Now the young and Hispanics are gone, down to 43-44% as the rest of the population. So he is toast.

But the blacks are still overwhelmingly behind Obama (around 81%).

The obvious question is why? Since under Obamas “eminent leadership” they have had the biggest drop in income and living standard ever. Not to mention skyrocketing unemployment.

With so much “hope” and “change”, I guess that’s why he is so “popular”.

Well, it seems that the blacks have started catching on because now Obama is losing the blacks too in a BIG Way

According to a Washington Post/ABC News survey, his favorability rating among blacks has dropped off a cliff, plunging from 83 percent five months ago to a mere 58 percent today a drop of 25 points!

In the election of 2008, he was able to increase black’s participation from 11 percent of the total vote in 2004 to 14 percent. And he carried 98 percent of them.

Way to go Obama!

                Click on the graphs for a larger image

                        Jobb aproval economy

                              State of the country

Some more revealing graphs of Obama economics

This graph shows the job losses from the start of the employment recession, in percentage terms – this time from the start of the recession. This is by far the worst post WWII employment recession.

This graph shows the number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers). A very high level.

This graph shows the number of workers unemployed for 27 weeks or more. The level is extremely high.

 

                                          It was Bush’s fault!              

            

See also some of my previous posts:

Hey Obama – You don’t pay your bills so why should I?

In three graphs – Obama Economics

Why, Mr President, are you deliberately destroying the American way and committing economic harakiri?

America, You are at a tipping point and you have your last change to stop it – Part 1

America, You are at a tipping point and you have your last change to stop it – Part 5

America, You are at a tipping point and you have your last change to stop it – Part 6

America, You are at a tipping point and you have your last change to stop it – Part 8

America, You are at a tipping point and you have your last change to stop it – Part 9

Läs även andra bloggares åsikter om   http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter</a>,  <a href=” http://bloggar.se/om/USA” rel=”tag”>USA</a>

The example set by the political class/elite and the riots in Britain

11 augusti, 2011

There is much to be said about the riots in Britain. And as usual most of it is not said in the mainstream media. So I thought I give you three pieces that are to the point and that give you some perspective of the latest riots. The focus is on the example and behaviour set by the political class/elites. And why we should not be surprised that “things” like these happen.

And I finish with medias role in this.

                                The Bullingdon Club

“Things got out of hand & we’d had a few drinks. We smashed the place up and Boris set fire to the toilets.”

David Cameron (Prime Minister and leader of the conservative party) recalls his time at Oxford  speaking in 1986. And the Boris Johnson he is talking about is the present Mayor of London.

Nice gang wouldn’t you say?

(My bold and underline)

An Open Letter to David Cameron’s Parents

http://nathanieltapley.com/2011/08/10/an-open-letter-to-david-camerons-parents/

“An Open Letter to David Cameron’s Parents

August 10, 2011

Dear Mr & Mrs Cameron,

Why did you never take the time to teach your child basic morality?

As a young man, he was in a gang that regularly smashed up private property. We know that you were absent parents who left your child to be brought up by a school rather than taking responsibility for his behaviour yourselves. The fact that he became a delinquent with no sense of respect for the property of others can only reflect that fact that you are terrible, lazy human beings who failed even in teaching your children the difference between right and wrong. I can only assume that his contempt for the small business owners of Oxford is indicative of his wider values.

Even worse, your neglect led him to fall in with a bad crowd.

There’s Michael Gove, whose wet-lipped rage was palpable on Newsnight last night. This is the Michael Gove who confused one of his houses with another of his houses in order to avail himself of £7,000 of the taxpayers’ money to which he was not entitled (or £13,000, depending on which house you think was which).

Or Hazel Blears, who was interviewed in full bristling peahen mode for almost all of last night. She once forgot which house she lived in, and benefited to the tune of £18,000. At the time she said it would take her reputation years to recover. Unfortunately not.

But, of course, this is different. This is just understandable confusion over the rules of how many houses you are meant to have as an MP. This doesn’t show the naked greed of people stealing plasma tellies.

Unless you’re Gerald Kaufman, who broke parliamentary rules to get £8,000 worth of 40-inch, flat screen, Bang and Olufsen TV out of the taxpayer.

Or Ed Vaizey, who got £2,000 in antique furniture ‘delivered to the wrong address’. Which is fortunate, because had that been the address they were intended for, that would have been fraud.

Or Jeremy Hunt, who broke the rules to the tune of almost £20,000 on one property and £2,000 on another. But it’s all right, because he agreed to pay half of the money back. Not the full amount, it would be absurd to expect him to pay back the entire sum that he took and to which he was not entitled. No, we’ll settle for half. And, as in any other field, what might have been considered embezzlement of £22,000 is overlooked. We know, after all, that David Cameron likes to give people second chances.

Fortunately, we have the Met Police to look after us. We’ll ignore the fact that two of its senior officers have had to resign in the last six weeks amid suspicions of widespread corruption within the force.

We’ll ignore Andy Hayman, who went for champagne dinners with those he was meant to be investigating, and then joined the company on leaving the Met.

Of course, Mr and Mrs Cameron, your son is right. There are parts of society that are not just broken, they are sick. Riddled with disease from top to bottom.

Just let me be clear about this (It’s a good phrase, Mr and Mrs Cameron, and one I looted from every sentence your son utters, just as he looted it from Tony Blair), I am not justifying or minimising in any way what has been done by the looters over the last few nights. What I am doing, however, is expressing shock and dismay that your son and his friends feel themselves in any way to be guardians of morality in this country.

Can they really, as 650 people who have shown themselves to be venal pygmies, moral dwarves at every opportunity over the last 20 years, bleat at others about ‘criminality’. Those who decided that when they broke the rules (the rules they themselves set) they, on the whole wouldn’t face the consequences of their actions?

Are they really surprised that this country’s culture is swamped in greed, in the acquisition of material things, in a lust for consumer goods of the most base kind? Really?

Let’s have a think back: cash-for-questions; Bernie Ecclestone; cash-for-access; Mandelson’s mortgage; the Hinduja passports; Blunkett’s alleged insider trading (and, by the way, when someone has had to resign in disgrace twice can we stop having them on television as a commentator, please?); the meetings on the yachts of oligarchs; the drafting of the Digital Economy Act with Lucian Grange; Byers’, Hewitt’s & Hoon’s desperation to prostitute themselves and their positions; the fact that Andrew Lansley (in charge of NHS reforms) has a wife who gives lobbying advice to the very companies hoping to benefit from the NHS reforms. And that list didn’t even take me very long to think of.

Our politicians are for sale and they do not care who knows it.

Oh yes, and then there’s the expenses thing. Widescale abuse of the very systems they designed, almost all of them grasping what they could while they remained MPs, to build their nest egg for the future at the public’s expense. They even now whine on Twitter about having their expenses claims for getting back to Parliament while much of the country is on fire subject to any examination. True public servants.

The last few days have revealed some truths, and some heartening truths. The fact that the #riotcleanup crews had organised themselves before David Cameron even made time for a public statement is heartening. The fact that local communities came together to keep their neighbourhoods safe when the police failed is heartening. The fact that there were peace vigils being organised (even as the police tried to dissuade people) is heartening.

There is hope for this country. But we must stop looking upwards for it. The politicians are the ones leading the charge into the gutter.

David Cameron was entirely right when he said: “It is a complete lack of responsibility in parts of our society, people allowed to think that the world owes them something, that their rights outweigh their responsibilities, and that their actions do not have consequences.”

He was more right than he knew.

And I blame the parents.”

Cartoon by Peter Nicholson Source: The Australian

British rioters the spawn of a bankrupt ruling elite

http://www.theaustralian.com.au/news/opinion/british-rioters-the-spawn-of-a-bankrupt-ruling-elite/story-e6frg6zo-1226112640970

 “British rioters the spawn of a bankrupt ruling elite

Theodore Dalrymple,August 11, 201112:00AM

THE riots in London and elsewhere in Britain are a backhanded tribute to the long-term intellectual torpor, moral cowardice, incompetence and careerist opportunism of the British political and intellectual class.

They have somehow managed not to notice what has long been apparent to anyone who has taken a short walk with his eyes open down any frequentedBritish street: that a considerable proportion of the country’s young population (a proportion that is declining) is ugly, aggressive, vicious, badly educated, uncouth and criminally inclined.

Unfortunately, while it is totally lacking in self-respect, it is full of self-esteem: that is to say, it believes itself entitled to a high standard of living, and other things, without any effort on its own part.

Consider for a moment the following: although youth unemployment in Britainis very high, that is to say about 20 per cent of those aged under 25, the country has had to import young foreign labour for a long time, even for unskilled work in the service sector.

The reasons for this seeming paradox are obvious to anyone who knows young Britons as I do.

No sensible employer in a service industry would choose a young Briton if he could have a young Pole; the young Pole is not only likely to have a good work ethic and refined manners, he is likely to be able to add up and — most humiliating of all — to speak better English than the Briton, at least if by that we mean the standard variety of the language. He may not be more fluent but his English will be more correct and his accent easier to understand.

This is not an exaggeration. After compulsory education (or perhaps I should say intermittent attendance at school) up to the age of 16 costing $80,000 a head, about one-quarter of British children cannot read with facility or do simple arithmetic. It makes you proud to be a British taxpayer.

I think I can say with a fair degree of certainty, from my experience as a doctor in one of the areas in which a police station has just been burned down, that half of those rioting would reply to the question, ”Can you do arithmetic?” by answering, ”What is arithmetic?”

British youth leads the Western world in almost all aspects of social pathology, from teenage pregnancy to drug taking, from drunkenness to violent criminality. There is no form of bad behaviour that our version of the welfare state has not sought out and subsidised.

British children are much likelier to have a television in their bedroom than a father living at home. One-third of them never eat a meal at a table with another member of their household — family is not the word for the social arrangements of the people in the areas from which the rioters mainly come. They are therefore radically unsocialised and deeply egotistical, viewing relations with other human beings in the same way as Lenin: Who whom, who does what to whom. By the time they grow up, they are destined not only for unemployment but unemployability.

For young women in much ofBritain, dependence does not mean dependence on the government: that, for them, is independence. Dependence means any kind of reliance on the men who have impregnated them who, of course, regard their own subventions from the state as pocket money, to be supplemented by a little light trafficking. (According to his brother, Mark Duggan, the man whose death at the hands of the probably incompetent police allegedly sparked the riots, ”was involved in things”, which things being delicately left to the imagination of his interlocutor.)

Relatively poor as the rioting sector of society is, it nevertheless possesses all the electronic equipment necessary for the prosecution of the main business of life; that is to say, entertainment by popular culture. And what a culture British popular culture is!

Perhaps Amy Winehouse was its finest flower and its truest representative in her militant and ideological vulgarity, her stupid taste, her vile personal conduct and preposterous self-pity.

Her sordid life was a long bath in vomitus, literal and metaphorical, for which the exercise of her very minor talent was no excuse or explanation. Yet not a peep of dissent from our intelllectual class was heard after her near canonisation after her death, that class having long had the backbone of a mollusc.

Criminality is scarcely repressed any more in Britain. The last lord chief justice but two thought that burglary was a minor offence, not worthy of imprisonment, and the next chief justice agreed with him.

By the age of 12, an ordinary slum-dweller has learned he has nothing to fear from the law and the only people to fear are those who are stronger or more ruthless than he.

Punishments are derisory; the police are simultaneously bullying but ineffectual and incompetent, increasingly dressed in paraphernalia that makes them look more like the occupiers of Afghanistan than the force imagined by Robert Peel. The people who most fear our police are the innocent.

Of course, none of this reduces the personal responsibility of the rioters. But the riots are a manifestation of a society in full decomposition, of a people with neither leaders nor followers but composed only of egotists.”

Corrupt and decaying from top to bottom

http://eureferendum.blogspot.com/2011/08/corrupt-and-decaying-from-top-to-bottom.html

August 10, 2011

“Well, I think we can finally say that social welfarism has utterly failed as a project. The case made to me was that welfare, if nothing else, stopped the great unwashed rioting and looting on the streets. This week demonstrates fairly well that it doesn’t even do that.

We have a state school system producing kids who couldn’t and won’t get a job and a wider population who thinks the Easter Bunny will pay for their retirement, housing and day to day needs. Meanwhile, thanks to the cultural gas chambers we laughingly call schools, British business would rather not employ Brits if there is an alternative.

We have a justice system that serves only itself and its welfare clients, while occasionally slapping down the odd tax payer to ensure their obedience to the state. It is a system that works for the perpetrator, not the victim.

And who are these kids tearing down our cities? It is said they are the disenfranchised who have no stake in ”our society”. Kids who feel there is no reason to comply with the basic rules of civil society because it does not pay dividends. Their obedience is required, but for what?

There’s a kid I know who has not had a proper job in over ten year years. I say kid because, for all that he is a grown man, he has remained kid by way of remaining a client of the state. Cosseted with a head full of silly notions about where money comes from, and all that he is ”entitled” to. The reason I continue to help him is because he has not yet given up. He still wants a job and has not resorted to criminality.

He is one of the rare ones who, every week, goes walking round the industrial estates asking for work, applying for anything he can find. But he has no skills. He has nothing to offer them. He has no work experience of value, no qualifications of value and very little natural ability.

What makes him different from the rest of his generation is his willingness to find work. I think most by now would have quit looking and found a way onto the incapacity benefit system. And after ten years of ceaseless heartbreak, I wouldn’t blame him, and I would actually support such a move.

The continual humiliation of going round and round inside the welfare system, a mere statistic in a creaking bureaucracy, fighting for a pittance that makes the difference between starving or not, erodes the soul. To be routinely told you have nothing of value to offer, even if that’s true, cannot be good.

And what has government done in this regard. They have fed him on false hopes. He has been round the system, on this or that training course and placement scheme. His list of ”qualifications” is now longer than some graduates I know. But these ”qualifications” are a contrivance of government, neither useful to, nor demanded by business.

The kid has what is known as a European ”Computer Driving Licence” without possessing any marketable computer skills. The course is useless, the material is easy and all that is served by it is a fat cheque from the government to the public and private bodies who award such junk.

This all at a time when public spending was at an all time high. We have to face the simple fact that it doesn’t work. Throwing money at the problem simply perpetuates it.

Abandoned by his parents and abandoned by the school system to become just another human life on the scrapheap before it has even begun. I have done what I can to help with remedial education but you can’t deprogramme all that sense of entitlement. That lesson has to be taught first hand. But it will probably never happen for him.

You could certainly say he has no stake in society. He is certainly ”disenfranchised”. Thanks to the mechanisms of the state and his background (generational welfare), his fate was sealed early on. He has every right to be angry and frustrated, which indeed he is, but he is not out looting this week.

He has always, with the intervention of friends and distant family, known the difference between right and wrong. He has been known to shoplift the odd tin of beans on the odd occasion when a giro has not gone as far as feeding him. Anyone who has been on the dole long enough, with no family to speak of, would probably confess to likewise. Who of us would not?

What keeps him from rioting is the hope that eventually something will come up, that he will get a break in life. He is perhaps more optimistic than I would be. All evidence suggest that he will not. Especially not now we’re looking down the barrel of a global market meltdown.

But for every one of him who does know the difference between right and wrong, there is evidently a legion that does not. Or maybe does, but does not care. Obedience will bring them nothing but a miserable, unhealthy, unproductive life. One could even say my young friend is dumb, expecting that he will get somewhere pegging his hopes on the system he finds himself in.

We have just enjoyed ten years of unprecedented wealth and opportunity, but for most of these kids, those opportunities weren’t available to them, not speaking Polish being one of the many reasons. All we have done by maintaining a welfare underclass is subsidise a pressure cooker that is now blowing its top. Much like the banking crisis, we have thrown money at a problem to delay the inevitable, only to feel the consequences much harder later on.

After decades learning bit by bit that petty crime is tolerated and they can get away with it, that underclass is now probing the system to see what else they can get away with. The answer is: a lot. This is simply all our chickens coming home to roost. Welfarism, a useless police force, a court system whose moral compass is spinning round faster than ride at Alton Towers, and state school system which at its very best is unfit for purpose.

While that is obvious to most, the statists are fighting for their agenda. They cannot allow the liberation of the poor. The poor are their livelihoods, their clients, their power base. And so the Left must present it in terms of social division. There are vested interests who, once again are trying to make this about race.

We must not allow them to succeed. These are black and white and Asian kids. They are all victims of the state welfare system. If we allow this to become a race debate as we have the last few times, we will simply get more of the same: more red tape for the police, more equality surveys, more outreach workers and more ghettoisation.

The race riots of decades past are no different to these riots in some senses. They are also the result of state mechanisms not only allowing, but facilitating ghettoisation of society, if not by race and faith, then by class. I have always said that if you subsidise poverty, you will always have poverty. We need to stop it. Welfare at best needs to be a temporary lifeline, not a lifetime habit.

But in amongst the disorder, we also see mass larceny by people with full time jobs. Opportunistic theft by supposedly respectable people. Are we a society in moral decline? Were we ever of high moral fibre? We like to think we are more civilised than other countries because of the values we teach. But we’re not. Order is kept because most people live under the illusion that they will be caught if they do bad things. Now they’ve worked out they won’t be. This theft is brazen and is done with impunity.

We know from experience the police will not investigate, let alone catch thieves on a day to day basis. There is no reason to think this will be any different when the lid has blown off the pressure cooker. There was a time when the police would come to a crime scene and take fingerprints (this was my earliest memory of a police encounter), this in the days before super computers.

Now, for all the police resources they will simply turn up, give you a crime number and refer you to your insurance company. Consequently insurance premiums drive up costs for everyone.

The police have largely abdicated from routine police work. They have virtually given up on enforcing narcotics laws. Whatever your views on drugs, the law is the law. But now we have police making their own minds up about which laws to enforce. The law is so out of step with the people, and so unpopular, that if the police want to maintain a level of order, they have to decide which laws to uphold and which to ignore.

The law has made a mockery of itself. We have a law engine spewing out law after contradictory law. Not knowing which way to turn, enforcement becomes neglected in populist areas and so a quota or a crackdown to suit the political zeitgeist is launched resulting in knee-jerk unpopular policing. That is how we arrive here.

So again we draw the same conclusion: this is a crisis of politics. An establishment that does not know what it is for. But that is hardly surprising when that same establishment has abdicated government to other powers. The rot starts at the top. Our government is dysfunctional, without direction, without ambition, without guiding principles and is mired in the institutional larceny of the parasite class.

The immigration system is creaking, the roads are broken, our armed forces in complete disarray, the DVLA has lost the plot, Social Services are bandits, the welfare system is swamped and our energy grid is rapidly running toward rolling blackouts while parasitic corporates asset strip the country for everything it’s worth. And what do we see in government? Children with their infantile preoccupations following one media bandwagon to the next, fire-hosing more borrowed money at problems they created.

Now the streets are littered with broken glass, and the burnt out husks of buildings still smoulder, we again ask what can government do? The answer is nothing. It has demonstrated beyond any doubt that it is incapable of taking grown-up, difficult decisions. Again, that is reflected in the wider population.

We are flat broke and yet we march to stop cuts. We praise the bravery of the police when they stand idly by while the criminals wreck our cities. We are a nation of infants under the illusion that only government can, or should, come to our aid.

Until we reject this notion, put government back in its place and ask the question of what government is actually for, we will be back here again and again. Government is not a creator of jobs or wealth. And nor should it be. In recent years it has been the biggest obstacle to jobs and wealth.

The only way the bulk of our youth can have a stake in society is if we create opportunities for them. We will not give them opportunities by confiscating wealth and redirecting it to the many foreign corporates who build government-mandated projects. Wealth must be left in the hands of those who earn it, to spend as they see fit and to care for those they find deserving.

But while our masters get fat off the proceeds of big government, it is not in their interests to introduce any meaningful reform. They need to subsidize the poor to secure their power base. If we want significant change we must throw the scraps from their table back at them, boycott government involvement in our lives and starve the beast. We must rid ourselves of them and start doing things for ourselves.

They do this to us because we let them.

And this piece which in all its glaring clarity shows the absurdity of the mainstream media and their total PC view of the world. That is that certain facts, figures, etc. should never, ever be allowed to be mentioned or published, regardless of the circumstances.

And this has nothing to do if it’s black, white, yellow, pink, green or whatever “color”, race or sex, etc. it is. It is about the utter betrayal by journalists and the mainstream old media of their journalistic role, and of all that good and independent journalism was supposed to be.

Instead, the journalist and the media are pushing their political and social agenda.

We have seen this so many times, again and again. On this blog, I have written extensively about press and mass media and their role in this the greatest scientific and political scandal of modern times – the Global Warming Hysteria. And their willing participation in driving and promoting this hysteria.

AT THE SAME TIME, AS THESE MEDIA HAVE TAKEN AN ACTIVE PART in SUPPRESSING FACTS and IS CENSORING AND INTIMIDATING EVERYONE WHO HAS OPPOSED THIS HYSTERIA.

A truly “worthy” goal for the organizations and companies whose goal was supposed to protect and enhance freedom of speech and freedom of expression.

http://blogs.telegraph.co.uk/news/jamesdelingpole/100100339/what-will-happen-to-the-convicted-rioters/

“Funniest interview ever on Sky. Female Sky reporter interviewing a white guy who has had his shops burned. He said to her , the arsonists/looters were all black. She said to him , you can’t say that , there must have been white guys there as well. He thought about and then said , ok they were not all black , i was the only white guy there. Is that ok to say ?

This guy states this with a totally dead pan face without a hint of the pc faux pas.

She again corrects him and states nervously you just cant say they were all black , he responds , but they were i was there.

Unbelievable. The interview describes the state of our society in a nut shell.”

Läs även andra bloggares åsikter om  http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter</a>

The election Tsunami wave is just rolling in

3 november, 2010

The first Tsunami wave is just rolling in over the Washington establishment.

Sitting here late at night (02:35 am) and watching the American election drama unfold minute by minute via a lot of different channels; I just want to say one thing – it is an honour to see a democracy in action where the common people are sending a very strong and clear message to the political elite. And are actually throwing them out.

And folks, this could NOT happen in Europe. So you should be really proud of yourself.

And remember, this is just the first wave!

This is a picture of the first early results in the house in the states where the polling stations have closed:

And this is a picture of the first early results in the senate in the states where the polling stations have closed:

Läs även andra bloggares åsikter om  <a href=” http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter</a>,  <a href=” http://bloggar.se/om/USA” rel=”tag”>USA</a>

America, You are at a tipping point and you have your last change to stop it – Part 10

2 november, 2010

                   YOU MUST VOTE!

I am going to finish this 10 part series in the same way as I started it: YOU MUST VOTE!

So go and vote for some you can trust (yeah I know it’s hard), some one that upholds the constitution and knows what it actually means (yeah, there are not many left), some one that want to rein in the Big Government Agenda and REALLY means it (yeah I know, there are many turncoats), and some one that want to protect YOUR liberty, freedom and the American way of life (yeah, that’s another hard one).

There is in the end only one way you can judge them – By their actions.

Your vote REALLY MATTERS! This time more than ever!

Sooo much is at stake this time – The constitution, the American way of life with freedom and free markets. America is at a crucial crossroads.

Do you want a government for the elites, of the elites and by the elites?

Or a government for the people, of the people and by the people?

It is YOUR CHOICE! A very clear choice! You have to get out and flood the voting booths November 2.

And if you don’t choose, it’s going to be the former.

The turnout of voting-age population  in the mid term elections 2006 – 37,1%, and 2002 – 37.0% was pathetic and a joke. 63 % of the voting age population apparently doesn’t care what is happening to their country.

If you don’t wake up now when will you ever do? You have to stand up for freedom and liberty. Or sit back and let the American dream become a nightmare.

All tyranny needs to gain a foothold is for people of good conscience to remain silent.” Thomas Jefferson 1743-1826.

America, your whole system has been hijacked, and you have done nothing, so far, to stop it. What the Obama administration has done during the last one and half year makes a mockery of your constitution and the principle of separation of power.”

These are the “representatives” that rammed through the Obama Care, the financial bill, etc., against the will of the people. They don’t care about the constitution, and they don’t know the difference between the declaration of Independence and the Constitution; and they don’t care that they don’t know.

The people in congress who voted for these bills, this is EXACTLY WHAT THEY WANTED AND INTENDED with these bills. But to get it through Congress they gladly and willfully lied through their teeth and ears, they even gladly put their lies in writing.

Why? Because they are ramming through their political agenda which they have been waiting and planning so long for to be able do.

In short, it is very troubling to see a country on a path of economic and political self destruction. But if the present trend continues you are, to put it simple: toast.

It’s time for the people of America to take their country back. Otherwise the consequences for you as a country are going to be devastating. Especially for the common people.

                     So go and vote!

Läs även andra bloggares åsikter om  <a href=” http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter</a>,  <a href=” http://bloggar.se/om/USA” rel=”tag”>USA</a>

America, You are at a tipping point and you have your last change to stop it – Part 9

2 november, 2010

The article by P. J. O’Rourke

A direct to the point piece from P. J. O’Rourke:

http://www.weeklystandard.com/articles/they-hate-our-guts_511739.html

They Hate Our Guts

And they’re drunk on power.

Perhaps you’re having a tiny last minute qualm about voting Republican. Take heart. And take the House and the Senate. Yes, there are a few flakes of dander in the fair tresses of the GOP’s crowning glory—an isolated isolationist or two, a hint of gold buggery, and Christine O’Donnell announcing that she’s not a witch. (I ask you, has Hillary Clinton ever cleared this up?) Fret not over Republican peccadilloes such as the Tea Party finding the single, solitary person in Nevada who couldn’t poll ten to one against Harry Reid. Better to have a few cockeyed mutts running the dog pound than Michael Vick.

I take it back. Using the metaphor of Michael Vick for the Democratic party leadership implies they are people with a capacity for moral redemption who want to call good plays on the legislative gridiron. They aren’t. They don’t. The reason is simple. They hate our guts.

They don’t just hate our Republican, conservative, libertarian, strict constructionist, family values guts. They hate everybody’s guts. And they hate everybody who has any. Democrats hate men, women, blacks, whites, Hispanics, gays, straights, the rich, the poor, and the middle class.

Democrats hate Democrats most of all. Witness the policies that Democrats have inflicted on their core constituencies, resulting in vile schools, lawless slums, economic stagnation, and social immobility. Democrats will do anything to make sure that Democratic voters stay helpless and hopeless enough to vote for Democrats.

Whence all this hate? Is it the usual story of love gone wrong? Do Democrats have a mad infatuation with the political system, an unhealthy obsession with an idealized body politic? Do they dream of capturing and ravishing representational democracy? Are they crazed stalkers of our constitutional republic?

No. It’s worse than that. Democrats aren’t just dateless dweebs clambering upon the Statue of Liberty carrying a wilted bouquet and trying to cop a feel. Theirs is a different kind of love story. Power, not politics, is what the Democrats love. Politics is merely a way to power’s heart. When politics is the technique of seduction, good looks are unnecessary, good morals are unneeded, and good sense is a positive liability. Thus Democrats are the perfect Lotharios. And politics comes with that reliable boost for pathetic egos, a weapon: legal monopoly on force. If persuasion fails to win the day, coercion is always an option.

Armed with the panoply of lawmaking, these moonstruck fools for power go about in a jealous rage. They fear power’s charms may be lavished elsewhere, even for a moment.

Democrats hate success. Success could supply the funds for a power elopement. Fire up the Learjet. Flight plan: Grand Cayman. Democrats hate failure too. The true American loser laughs at legal monopoly on force. He’s got his own gun.

Democrats hate productivity, lest production be outsourced to someplace their beloved power can’t go. And Democrats also hate us none-too-productive drones in our cubicles or behind the counters of our service economy jobs. Tax us as hard as they will, we modest earners don’t generate enough government revenue to dress and adorn the power that Democrats worship.

Democrats hate stay-at-home spouses, no matter what gender or gender preference. Democratic advocacy for feminism, gay marriage, children’s rights, and “reproductive choice” is simply a way to invade -power’s little realm of domestic private life and bring it under the domination of Democrats.

Democrats hate immigrants. Immigrants can’t stay illegal because illegality puts immigrants outside the legal monopoly on force. But immigrants can’t become legal either. They’d prosper and vote Republican.

Democrats hate America being a world power because world power gives power to the nation instead of to Democrats.

And Democrats hate the military, of course. Soldiers set a bad example. Here are men and women who possess what, if they chose, could be complete control over power. Yet they treat power with honor and respect. Members of the armed forces fight not to seize power for themselves but to ensure that power can bestow its favors upon all Americans.

This is not an election on November 2. This is a restraining order. Power has been trapped, abused and exploited by Democrats. Go to the ballot box and put an end to this abusive relationship. And let’s not hear any nonsense about letting the Democrats off if they promise to get counseling.

P. J. O’Rourke, a contributing editor to The Weekly Standard, is the author of a new book, Don’t Vote: It Just Encourages the Bastards (Atlantic Monthly Press).

Läs även andra bloggares åsikter om  <a href=” http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter</a>,  <a href=” http://bloggar.se/om/USA” rel=”tag”>USA</a>

America, You are at a tipping point and you have your last change to stop it – Part 8

2 november, 2010

                    The speech by Robert  Bidinotto

A speech by Robert  Bidinotto: The Tea Party vs. the Ruling Class

http://biggovernment.com/rbidinotto/2010/10/24/the-tea-party-vs-the-ruling-class/

(See also: America’s Ruling Class — And the Perils of Revolution

http://spectator.org/archives/2010/07/16/americas-ruling-class-and-the/print)

Twenty months ago, on February 19, 2009, business reporter Rick Santelli of CNBC took to the floor of the Chicago Mercantile Exchange to deliver his famous rant against government bail-outs, and call for “a Chicago tea party.”

Santelli may have sparked the Tea Party movement. But he only tapped into outrage that had been growing in many of us for decades.

For too long, you and I have watched helplessly as a clique of politicians, intellectuals, activists, and bureaucrats from both parties have tried to obliterate our Constitution, our capitalist system, and our personal liberty. This “bipartisan Ruling Class”—as scholar Angelo Codevilla describes it—sees itself as a moral, cultural, and intellectual elite. Codevilla says that “Today’s ruling class, from Boston to San Diego, was formed by an educational system that exposed them to the same ideas and gave them remarkably uniform guidance, as well as tastes and habits.”

Oozing sanctimonious arrogance, viewing the rest of us as coarse, unsophisticated rubes who cling bitterly to guns and bibles, this class seeks to impose its own supposedly superior values and visions upon the rest of us, by force of law.

As we know too well, the ultimate goal of our Ruling Class is power. They exist—not to produce, not to invent, not to create—but to manipulate and master others. Ronald Reagan memorably summed up the Ruling Class’s governing outlook this way:If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”

By contrast, the rest of us Americans seek power over circumstances, but not over each other. We acquire our personal sense of identity and self-esteem through productive work—not through imposing our will, values, and visions on our neighbors. We accept a “live and let live” philosophy.

This is the spirit embodied in our “Declaration of Independence.” That document was more than a declaration of political independence from our European rulers; it was a declaration of the moral independence of every human being. It was a declaration of each individual’s moral right to his own life, his own liberty, his own pursuit of happiness.

This is the vision enshrined in our Constitution. That governing framework grants to public officials only specific, enumerated, and narrowly limited powers. As James Madison and the other Framers made explicitly clear, the Constitution was intended—for the first time in human history—to bridle the authority of politicians and bureaucrats, and thus to protect the moral right of Americans to go about our lives without interference.

So, the Constitution imposes upon government officials a host of constraints: separations of powers, checks and balances, the Bill of Rights. By constraining government, citizens enjoy the fruits of freedom.

Which explains why, since the early twentieth-century Progressive Era, Ruling Class power-seekers have targeted the Constitution for annihilation. The regimes of Woodrow Wilson and Theodore Roosevelt subjected constitutional limitations on power to systematic, bipartisan attack. So did the “New Deal” of Franklin Roosevelt and the “Great Society” of Lyndon Johnson.

In our time, the clamor against individual rights and constitutional constraints on power has risen to a crescendo. And that is why we’re here. Today’s Ruling Class consists of the intellectual heirs of the earlier progressives. From Obama to McCain, from Arianna Huffington to David Gergen, from George Soros to Michael Bloomberg, our Beltway grandees continue to impart their wisdom and good taste upon us by lawtelling us what to eat, what our children should learn and in what kind of schools, what vehicles we should travel in, what fuels should power them, where we should live, where our thermostats should be set, what we should grow, how we should use our land, with whom we should engage in business, what we should sell and at what prices, what portion of our earnings we may be allowed to keep, what “good causes” we must support, what language we must use in conversations about “sensitive” topics ranging from race to romance to religion, what medical coverage we must have, who must provide it, and at what price, and on, and on, and on.

It goes on without limit, because our Ruling Class accepts no limits, legal or moral, on its power to “do good” to us. We are mere mortar and bricks for their social engineering. Like missionaries visiting primitive tribes, they view us as savages, whom they must cage and civilize.

We see their boundless arrogance in Barack Obama, who tells his fellow Ruling Class members that “We are the ones we have been waiting for,” with his nose held so high in the air that any passing rainstorm would waterboard him. We see it in Senator John Kerry when, like some monarch, he refers to himself in the third person. We see it in Barney Frank, the only human on the planet who is able to strut even while sitting. We see it in Harry Reid, who told us the other day that, “But for me, we’d be in a world-wide depression.” We see it in Nancy Pelosi, who—when asked where in the Constitution was Congress granted the power to order us to buy health insurance—replied: “Are you serious? Are you serious?”

Never mind that the Ruling Class and its progressive policies have failed miserably to achieve their announced objectives. For more than a century, countless government programs have plundered untold trillions of dollars from taxpayers, then redirected them, supposedly to eradicate poverty, to end unemployment, to prevent disastrous business cycles, to put everyone in his own home.

But what do we see? Record levels of people on food stamps; soaring unemployment rates; a recession longer and deeper than any since the 1930s; a debacle in the housing market. Yet, what does the Ruling Class do in response? It demands more power to enact more of the same.

They say that a sure sign of insanity is doing the same thing over and over, while expecting a different outcome. By that criterion, progressives are bat-crap crazy.

But then, what are we, if we re-elect them?

Bad as this is, it is even more sickening to watch ambitious young men and women trying desperately to enter the Ruling Class, then rise through its corrupt ranks, in their lust for power and position. For an example, look no farther than our freshman congressman in Maryland’s First District. In his disgustingly dishonest campaign ads, as well as his voting record, Frank Kratovil has demonstrated that he’ll eagerly sell his soul for a seat at a Ruling Class table.

Mr. Kratovil has spent most of his campaign running away from his voting record—even from his party affiliation. From his ads, you would think he’s running as an “Independent,” not a Democrat. He demonstrates this independence by voting with his party 84.6 percent of the time—then accepting well over a million dollars in campaign contributions from party coffers.

Consider his votes on ObamaCare. Like Hamlet, Mr. Kratovil spent a year in anguished public indecision. This waffling persisted all the way to the last week before the final vote, while Nancy Pelosi collected the backing she needed to pass the bill. Then, after Pelosi had lined up enough support to let him off the hook, Kratovil first voted for ObamaCare to proceed to a final vote, then announced he would vote against the final bill on the floor. But since then, he has refused to back a bill to repeal ObamaCare.

Doing John Kerry one better, Kratovil was for ObamaCare before he was against it, before he was for it once again. This, he says, demonstrates his independence from the Democratic party line.

On the other big bills of the past two years—namely, the “stimulus” and “cap and tax” bills—this self-described “fiscal conservative” voted to add more than one-and-a-half trillion dollars to the government credit card. The stimulus boondoggle poured billions of tax dollars into pork projects for public-employee unions. Meanwhile, cap-and-tax was designed to clobber the oil, coal, and natural-gas industries, and to raise your energy costs $1600 per household. Kratovil voted for other earmarks and pork projects, too.

Two years ago, Frank Kratovil boarded a flight headed into Ruling Class territory. He’s well on his way—unless you cancel his flight on November 2nd.

Happily, I think that will happen. And it will happen to many other members of the self-appointed elite. Signs are everywhere that people are, at last, wising up and fighting back. Your presence here today is one of those signs.

Ladies and gentlemen, I’ve been paying close attention to politics since I was a teenager in the 1960s. I’ve never been so optimistic about America’s future—and you are a major reason for that. For nearly half a century, I wrote and preached about our lost liberties and endangered rights, feeling like a lonely voice in the wilderness. But now, millions of voices are carrying that message.

However, we can’t stop on November 2nd. Our next task must be to transform the Republican Party into something more than an auxiliary chapter of the Ruling Class clique. The GOP has pretended for decades to be the party of freedom, capitalism, and limited government. And it has betrayed those principles repeatedly.

But we have not just a political party, but a cultural legacy, to reclaim—a legacy often described as American individualism. From our nation’s earliest days, when our pioneer ancestors blazed trails through forbidding frontiers, we Americans have never viewed ourselves as victims of circumstances. Fiercely self-assertive, proudly independent, we, more than any other people on earth, view ourselves as masters of our fates, as captains of our souls.

The spirit of American individualism, and the moral quest for personal liberty, motivated the Founders to pledge their lives, their fortunes, and their sacred honor to the cause. It is a cause for which many have fought and died, so that we don’t have to.

So, let us win a peaceful victory for that cause on November 2nd—and then, in the words of Washington, let us continue in the months and years ahead to raise a standard to which the wise and honest can repair.

Thank you.”

Läs även andra bloggares åsikter om  <a href=” http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter</a>,  <a href=” http://bloggar.se/om/USA” rel=”tag”>USA</a>

America, You are at a tipping point and you have your last change to stop it – Part 5

1 november, 2010

                 Some points on the economic situation

Since 2007 the debt has increased by $5 Trillion Dollars It’s the crime of the century!

                                As of today 13:15 EDT

                                        And California

19 Facts About The Deindustrialization Of America That Will Make You Weep

http://www.businessinsider.com/deindustrialization-factory-closing-2010-9

– The United States has lost approximately 42,400 factories since 2001

– The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.

– The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000.

– As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.

– Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.

– In 2008, 1.2 billion cellphones were sold worldwide. So how many of them were manufactured inside the United States? Zero.

– Dell Inc. has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade.

– Dell has announced that it will be closing its last large U.S. manufacturing facility in Winston-Salem, North Carolina. Approximately 900 jobs will be lost.

– If our trade deficit with China increases at its current rate, the U.S. economy will lose over half a million jobs this year alone.

– As of the end of July, the trade deficit with China had risen 18 percent compared to the same time period a year ago.

– The Census Bureau says 43.6 million Americans are now living in poverty, which is the highest number of poor Americans in the 51 years that records have been kept.

So how many tens of thousands more factories do we need to lose before we do something about it?

How many millions more Americans are going to become unemployed before we all admit that we have a very, very serious problem on our hands?

How many more trillions of dollars are going to leave the country before we realize that we are losing wealth at a pace that is killing our economy?

How many once great manufacturing cities are going to become rotting war zones like Detroit before we understand that we are committing national economic suicide?

The deindustrialization of America is a national crisis.  It needs to be treated like one.

If you disagree with this article, I have a direct challenge for you.  If anyone can explain how a deindustrialized America has any kind of viable economic future, please do so below in the comments section.

America is in deep, deep trouble folks.  It is time to It is time to wake up.”

18 Iconic Products That America Doesn’t Make Anymore

http://www.businessinsider.com/basic-products-america-doesnt-make-2010-10#

Rawlings baseballs, Etch-a-sketch, Chuck Taylors shoes, Stainless steel rebar, Mattel toys, Minivans, Vending machines, Levi jeans, Radio Flyer’s Red Wagon, Televisions, Cell phones, Railroad parts, Dell computers, Canned sardines, Incandescent light bulb, Forks, spoons, and knives.

”Buying American” used to be a popular political gesture. But these days it’s becoming impossible. “

Is this the end result if present political and economic trend continues? “Why do great nations fail?…. They all make the same mistakes. .. He He Now they work for us.”

Chinese Professor

79% of Private Sector Job Growth Over Last 5 Years Has Been in Texas 

http://www.willisms.com/archives/2010/09/trivia_tidbit_o_870.html

Stimulus Failure: 48 Out of 50 States Lost Jobs Since Democrats Trillion Dollar Stimulus

http://biggovernment.com/publius/2010/10/22/stimulus-failure-48-out-of-50-states-lost-jobs-since-democrats-trillion-dollar-stimulus-plansince/

“In total, over 2 million jobs have been eliminated, in contrast to the over 3 million more jobs Americans were promised if Democrats’ 2009 stimulus plan passed. The only place in America that has exceeded its projected job growth following Democrats’ stimulus is Washington, D.C.”

The Adult Recession

http://www.cepr.net/index.php/publications/reports/the-adult-recession

“The study, ”The Adult Recession: Age-Adjusted Unemployment at Post-War Highs,” adjusts the current unemployment rate to account for demographic differences and finds that the unemployment rate has not fallen below 10.8 percent in the last 12 months. During the worst episode of the recession of the 1980s — the second half of 1982 and the first half of 1983 — unemployment passed 10 percent for 7 months.

The analysis notes that the population is older today than it was in the 1980s, which has the effect of lowering today’s unemployment rate relative to the past. Since they change jobs more frequently and are more likely to move in and out of the labor market, Young people have a higher unemployment rate than older workers. Adjusting for this older workforce shows that the United States is experiencing the weakest labor market since the Great Depression.”

60 Minutes Shock Report: National Unemployed and Underemployed 17.5%; California 22%

The video here: http://www.cbsnews.com/video/watch/?id=6987699n

”When you take into account the underemployed as well as the unemployed, the national rate hits 17% and California a staggering 22%.

To put a face on the realities of the underemployed in America under Obamanomincs, reporter Scott Pelley spoke with a fiber-optics engineering manager who has been looking for work for over a year.  He just took a job working at a Target.   20% of the unemployed in America have college degrees.

According to the report, 1/3 of the unemployed have been out of work for over a year.  This hasn’t happened since the Great Depression.

Licensing to Kill

A new study shows how city regulations harm small business.

http://online.wsj.com/article/SB10001424052702304741404575564171912051184.html?mod=WSJ_Opinion_AboveLEFTTop

“When most people think of occupations requiring fingerprints and police reports, corner bookshop owners don’t spring to mind. Try telling that to Los Angeles, where many used booksellers are required by law to get a police permit and take a thumbprint from every 40-something trying to offload his collection of French poetry.

That’s one scene from a study to be released this week by the Institute for Justice, which has collected dozens of examples of regulations choking economic growth by taxing and over-licensing small businesses. In a survey of eight major cities, the study found that entrepreneurs routinely face obstacles …”

Läs även andra bloggares åsikter om  <a href=” http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter</a>,  <a href=” http://bloggar.se/om/USA” rel=”tag”>USA</a>


%d bloggare gillar detta: