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Tuesday, March 1, 2011

The Dipstick Economy

Honestly, I'd rather say the other word, but I have promised not to. We are a nation held hostage by the 95% of the population that are either illiterate, gullible, naive, or clueless or a combination thereof. The sad part is that these people are so lost in their Pop Culture that they haven't a clue that they are being programmed to perform their own demise. What is even worse, is that the dumb masses will turn into an uncontrolled mob when it hits the fan.

We see a government that revised down GDP from 3.2% to 2.8% (4Q GDP Revised Downward * February 25, 2011). The dopes that were polled expected a revision upward. What world are they living in? These GDP numbers have a torchlight of several trillions of dollars that are supposed to energize the economy. The Hubris of the National Government creates conditions whereby when cooking the economic books that the cheating numbers are supposed to represent reality, when anyone with a few brain cells knows that they do not. Our lying eyes cannot hide what the soul fully understands. The Recession/Depression has never ended and the Presstitutes, as Gerald Celente has coined the media, always tries so hard to convince us of the Economic Recovery. They have been selling this shtick for 2+ years now and they have convinced no one but fools.

The media and the government keeps trying to sell this notion of 9% unemployment. Our local government in Hickory has already sent the message out that we have lost 47,000 jobs in our area. The actual number is (183,726 in July 2000 - 141,850 in November 2010 =) 41,876 jobs lost since the peak. This was a message that I first brought home before we went into the full blown economic collapse, nearly 27 months ago on December 8, 2008, in the article 24,493 Jobs Lost in the Unifour since June 2000 and again on July 6, 2009 in the article The Relevant Issue: 34,294 JOBS lost since July 2000 in the Unifour. We have lost nearly 7,600 more jobs since I presented the totals in July 2009.

The July 2009 unemployment rate was reported at 15.1%. The November 2010 unemployment rate was reported at 12.6%, yet we have lost at least around 7,600 more jobs. Does that make sense? Do you see what I am getting at? Should we not have gained jobs to improve the unemployment rate?

So they are cooking these numbers and they are cooking the inflation numbers. According to the sources I follow like John Williams of Shadowstats.com. Utilizing an old school statistical foundation, comparing apples to apples, he is showing a real unemployment rate of 22%+ and CPI-inflation of around 7 to 8%.

What we are seeing is that real unemployment is not including people that are not signing up and have left the workforce; not because they don't want a job, but because they can't find one. This is very important, because people on fixed incomes rely on Cost of Living adjustments to keep pace with real inflation as stated in the Consumer Price Index (CPI). I guess inflation is actually down because what a Ribeye cost a few years ago will purchase a can of ALPO in a couple years and we should be grateful for that.

What we see through this is a head forming. If older citizens can't make ends meet, then they must continue to work to supplement their pensions. We already see the government trying to play with pension capitalization, because these pension accounts have been underfunded for so long that the capital input sources can't possibly ever catch back up.

This increases the pressure on Work Force Job capacity, because there are not enough jobs being created already. If older workers don't retire, then younger workers won't be able to be initially placed. At some point in time people are going to come to a realization that there are a lot of people out here who currently are not or soon will not be able to make ends meet. This will cause a further degradation of the economy and no nipping and tucking at government budgets will have any effect on any of the shortfalls.

We cannot cut costs to create prosperity. We have to grow the economy. The only way to do that is by creating value through real ingenuity and innovation. We also have to protect American National Interests by protecting our job base. We cannot allow multi-national corporations to not take our nation's interest into account in their decision making. If they do not take the American national interest into account, then they should not be doing business here in America. Do you think China allows these corporations to do business there without China's approval and without negotiated agreements? Who do our Government Representatives represent? Do they choose to commit Soft Kill Treason? Because that is exactly what they have done!

Many people wonder why I don't just concentrate on Hickory stories. Well, if you put the pieces of the puzzle together, then you will see that each of these stories have an impact on how we live our lives locally and how we must play this game within the contexts and rules set forth by current Economic, Social, and Political Realities. The other thing you must realize is that we have laid out a path for this area to follow, but our local leaders have chosen to focus on putting out embers and cinders instead of attacking the blaze. This Economic Implosion Inferno is only going to continue to intensify until we start focusing on the real issues we face.

I will leave you with a Video from Charlie McGrath of Wide Awake News who gets right to the heart of the matter in addressing much of what I have espoused in this article and in the past. I have also left you with a hint of what is behind the real issues we face as a community, as a nation, and as a World headed towards chaos, turmoil, and destruction if the Light of the Force is not resurrected and allowed to shine.





My Goldman-Sachs question at the Town Hall meeting this morning
Free Enterprise versus the boys of Goldman Sachs

2 comments:

harryhipps said...

NOTICE TO MORONS; In keeping with your policy of griping only whenever something is right under your nose, it's time to complain about gas prices again. Whine, cry, moan, and complain. In some period of time it will decline somewhat, then at that point, go back into your stupor, as we have done since the 70's and forget about energy policy until the next price spike.

Silence DoGood said...

Not that it's worth anything, but, Mr. Shell, you get a gold star for the question you posed!!! The answer was a thing to behold of circular logic, but it was a great question. I would have hoped you could have gotten a lucid answer.