I really wish I had taken some economics courses instead of opting for pottery 101 in an effort to keep my GPA up. Perhaps a firm grip on the basics would help me to understand the current situation in America and assuage my dread. After all, these Harvard master-minds must know what they are doing. Surely they are in their current positions due to intellect and education. They have a plan, right? We can trust them, can’t we?
See here for the current unemployment figures. 130,000 jobs lost in July, 2010. That’s the Bureau of Labor Statistics current report. Of course, the figures are creatively reported. Those individuals who are under-employed (working in the food service industry with a Masters in ‘Business Administration, for instance) or those who have exhausted all benefits but remain out of work are not accurately represented. You already knew that, though.
See here for the FDIC’s report on bank failures of the last several years. This link speaks for itself. Res ipso loquitur.
California is struggling with mountainous debt. The Oakland police department laid off 80 police officers and released a public statement indicating which crimes it would not respond to. Yes, you read that correctly. The Oakland P.D. says you are on your own in the event of :
- grand theft
- grand theft:dog
- identity theft
- false information to peace officer
- required to register as sex or arson offender
- dump waste or offensive matter
- discard appliance with lock
- loud music
- possess forged notes
- pass fictitious check
- obtain money by false voucher
- fraudulent use of access cards
- stolen license plate
- embezzlement by an employee (over $ 400)
- attempted extortion
- false personification of other
- injure telephone/ power line
- interfere with power line
- unauthorized cable tv connection
- administer/expose poison to another (See HERE for the entire story and video.)
This is the initial phase of a down grading that will soon spread throughout all of America. A down grading of essential services as the average tax payer sees his burden steadily increased. As the dollar weakens and the economy swirls ever further down the drain. St. Louis, M.O. has followed suit in laying off one-third of their police force. There is speculation that this will result in an explosion of violent crime that cannot be countered.
In Philadelphia, budget constraints have led to “rolling blackouts” of local fire stations. This tactic may have already led to the death of one Philadelphian, as the fire house nearest his building was subject to just such a closure. Anyone familiar with municipal liability law will gladly tell you that there are few if any recourses left to the victims of such outrageous policies. In other words, you know damn well you can’t sue City Hall.
Perhaps we should all keep a loaded handgun and a few buckets of sand in our bedrooms.
These are but a few harbingers of our home-grown American doom. The Staten Island, N.Y. Little League saw their night games cancelled as borough president Molinaro stated the “electricity used by the park lighting would better serve borough residents air conditioners.”
During the past two decades, such blackouts have increased 124 percent — up from 41 blackouts between 1991 and 1995, to 92 between 2001 and 2005, according to research at the University of Minnesota. – source CNN
The American infrastructure is in dire shape as well, while we have spent nearly one TRILLION dollars fighting in Iraq and Afganistan. What was once a great nation of artisans and engineers is quickly being reduced to clerks, cashiers and grocery store shelf stockers. Most roads and bridges of America are over 50 years old and in desperate need of repair. Do you recall the 2007 I-35 bridge collapse in Minnesota? CNN reported that there were engineering reports warning of this bridge’s faults as early as 1990. I could easily cite another fifty instances of decay gone unheeded, but the I-35 collapse is the most poignant.
Where are we headed in light of all of this bad news? We are headed toward the only pursuit America excells at these days. The familiar path we have walked down so many times in the prior century. The path that American leadership believes, mistakenly, will lead us out of this economic collapse. The path to war.
The nation that Jacques Chirac referred to as “That shitty little country” will lead the way, as usual.
It could begin as early as this evening. Will the new moon of August 10th, 2010 pave the way for a bombing run on Iran?
Time will tell, friends.