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alstry (35.08)

Bye Bye Miss American Industrial Age......

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March 03, 2010 – Comments (2)

Banks Begin to Withdraw from Their Branch Boom 

Expect tens of thousands of bank branches to close over the next few years as we move to online banking.  Banks will be able to shed millions of employees and hundreds of millions of square feet of commercial space will become vacant.

The concept of the city, county and state is a product of the industrial age....expect many to scale back and/or shut down in upcoming months and years as industrial age revenues evaporate.

South Carolina - State Budget could = 295

City of Phoenix AZ - 520

The Tupper Lake Central School District - 36 Possible

City of Lancaster - More Layoffs to be announced Today

Bullhead City AZ - 9

Montclair School District NJ - up to 60 Possible

Ask yourself....how much is a house worth if few can afford to make a mortgage payment??????  Prepare for MASSIVE declines in home values in upcoming months as more and more lose their jobs and fewer and fewer can afford to make their utility and property tax payments.  This is already a serious problem in Florida where many elderly who own their homes free and clear can no longer afford to maintain their residences.

It is not the end of the world....simply the end of the industrial age as we move into the digital age.

2 Comments – Post Your Own

#1) On March 03, 2010 at 8:40 AM, alstry (35.08) wrote:

THE HIGHER THE PROPERTY TAX OF YOUR HOME...THE LOWER THE VALUE.

Utica NY Mayor Plans 11% Property Tax Hike

N.J. Property Taxes Climb 70% in 11 Years

As revenues decline to cities, counties, and states......how high do you think your taxes will have to go so politicians can keep their jobs in a fading industrially structured economy as businesses keep shutting down and jobs lost?

ABC News closing all of its bureaus across America..save DC

Banks closing branches around the country

Video stores becoming obsolete

Hospitals and Schools closing nationwide

Millions of city, county and state workers getting fired or suffering wage cuts and/or lower benefits

Retailers shutting down nationally bringing commercial vacancies to record levels

Construction coming to a virtual halt in many cities

You can keep believing the BS......or wake up to reality and simply look around you.

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#2) On March 03, 2010 at 9:26 AM, alstry (35.08) wrote:

In the digital age...we simply don't need as many workers.

IBM cuts 2400 jobs across US, group says

US Postal Service moves to cut 50000 jobs

Duke survey: CFOs foresee more job cuts this year

WE AIN'T SEEN NUTTIN YET....As the industrial age shuts down and we transition into a much more efficient digital age......

If you are looking backwards....you are not seeing where we are going.....NOTHING like this has ever happened before....at least in the last three or four generations.

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