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alstry (35.61)

Is America Afraid???

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November 08, 2009 – Comments (11)

It is interesting when you talk to people at parties.  First they tell you all is great, and then ask a few harmless probing questions and you realize anxiety is skyrocketing out of control.  Many want to talk about it but are uncomfortable raising the issue.  People are concerned as more and more of their coworkers are being let go...they are now afriad to voice an opinion at the job, or anywhere  for that matter, for fear they might be next.

Once you get people going, they talk about their friends that were let go a year ago and still unable to find replacement work.  They discuss how their children's friends are graduating from college and many are working as cooks to earn money....or some low paying job unrelated to their field or being forced to work for free just to gain experience.

Those that own businesses are struggling with laying off long time employees and barely able to keep the ship afloat.  Many are going without insurance and are taking home a fraction of the income they used to.....

They know something is wrong...but since they are still working.....many are curling up into a shell and prefer not to probe the difficult questions.  Anger over the bank bailouts is mounting but discussing it in public is too uncomfortable. 

Many realize times are changing....and many are afraid of the uncertainty.  There now appears to be two camps forming...a growing number that lost their jobs and are really angry at government, the system, and what lies ahead.....and those that still have jobs but have anxiety and are too scared to rock the boat.

Either way....as more and more businesses shut down, more cities, counties and states cut back, and more suffer massive wage cuts.....fear, anxiety and anger is only likely to increase.

It seems some of the sheep are getting fangs.....things could get really interesting as more and more get Zombulated and begin to truly understand what is happening around them.

Truly...11.10.9 is when more and more are starting to feel.

Others are taking a different path to preparation:

HERE IS HOW ONE PERSON PREPARES FOR AMERICA'S FUTURE:

Nov. 6 (Bloomberg) -- Berkshire Hathaway Inc.’s managers may deliver more cost cuts to Chief Executive Officer Warren Buffett after the billionaire replaced Richard Santulli as the head of a money-losing plane-leasing unit.

Berkshire executives have eliminated jobs and closed plants as the sale of bricks, jewelry and luxury flights suffered in the recession.

HERE IS HOW ANOTHER DOES:

Nov. 8 (Bloomberg) -- Venezuelan President Hugo Chavez told the military and civil militias today to prepare for war as a deterrent to a U.S.-led attack after American troops gained access to military bases in neighboring Colombia.

Chavez said a recently signed agreement that gives American troops access to seven Colombian bases is a direct threat to his oil-exporting country. Colombia has handed over its sovereignty to the U.S. with the deal, he said.

“Generals of the armed forces, the best way to avoid a war is to prepare for one,” Chavez said in comments on state television during his weekly “Alo Presidente” program. “Colombia handed over their country and is now another state of the union. Don’t make the mistake of attacking: Venezuela is willing to do anything.”

ONE PREPARES TO FIGHT....THE OTHER CUTS FLIGHTS

11 Comments – Post Your Own

#1) On November 08, 2009 at 7:43 PM, selfdestruct2 (37.83) wrote:

" the best way to avoid a war is to prepare for one" Chavez is actually making more sense than the Bozo we have in the White House.

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#2) On November 08, 2009 at 8:28 PM, alstry (35.61) wrote:

A fundemental paradigm shift is taking place.....is machine/technology replacing the need for human labor.

In a society that is structured for labor/service and domestic consumption....the transition will be interesting as many will no longer needed.

With drones/and remote controlled vehicles....this application seems functioning in war as well.

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#3) On November 08, 2009 at 8:45 PM, alasker (< 20) wrote:

Alstry- I would add there is a subgroup of people who are trying the weigh out their time. They are hoping to get to the age where they can take social security. Get to the age that they can take draw their pension or collect the stock benefits they have accumulated. They are relying on the entitlements they believe they have earned.

I think i need to have more optimistic. change is constant and always around us. we'll get through this change- we have no other choice.

 

 

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#4) On November 08, 2009 at 9:11 PM, alstry (35.61) wrote:

It is not optimism or pessimism.....it is about perspective.

We watched Star Trek and some said WOW!!! it would be cool to live like that....but fail to appreciate the implications on our present life.....

In Star Trek....everyone worked for the state....or Federation.  There was no consumer economy.  That would put a damper on most people's current perspective of private property and investments.

The world systems are in turmoil right now.   I can tell you much of our "economy" under the present accounting rules is technically bankrupt......but we are simply pretending to conceal what is now known to many "experts."

The question is for what policy purpose and how will the change be manifested......most people can't accept change...the more radical the more difficult to accept.

You think a family farmer in the 1870s could envision living in a city dwelling environment less then a few decades later due to industrialization?

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#5) On November 08, 2009 at 9:56 PM, bullnada (< 20) wrote:

That same farmer couldnt envision 33,000 tomato harvest from one plant. Youtube" epcot center tomato tree". That is tech age you speak of.

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#6) On November 08, 2009 at 10:04 PM, bullnada (< 20) wrote:

My bad only 28,000 tomatoes from one plant

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#7) On November 08, 2009 at 10:33 PM, alstry (35.61) wrote:

50% unemployment simply means that most jobs today will be obsolete in the new age....we simply don't need as many workers with technology replacing people....Kindle is the perfect example:

COLUMBUS, Ohio — A popular book store chain is closing hundreds of stores, including several in central Ohio, 10TV News reported.

Borders Group announced it will close 200 Waldenbooks stores, and cut 1,500 jobs in January.

We also don't need near as much retail space....one WalMart displaces 5X as much competitor space......with about 24 square feet of retail space for every man, woman and child in America....and only 6 for Australia and three for Sweden....we could easily see 50-75% of all retail space shutter in the next few years.

The impact to our financial structure simply from bringing retail back to equilibrium will be enormous.  Already we have slated to close OVER 25% of all auto dealerships....the process is well under way and will result in millions of jobs lost.

Everybody Foolishly makes the assumption that a new technology will step in to replace the jobs lost.....what many fail to realize is the new technology could just as easily displace even more workers.

With an economic structure geared to many working paying taxes to support the nation.......the systematic changes to our system will be convulsive with only a relative few working.

Just because growth in the past drove jobs.....doesn't mean that technological advancement in the future will do the same.

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#8) On November 08, 2009 at 11:09 PM, Rasbold (92.21) wrote:

....all this luxury. And I still would have to go to the Phillipines to get good dental care. In fact, with the money I save, I can take the whole family with me.

 

FOR A MONTH!!!

...feet of retail space....God Bless America!

 

oh, yeah...

There is also about 11.2 acres of land in the US for every man, woman and child. I can't believe we can screw that up!

How many of you live on even one acre? With a family?

But then, I can go down (and have) to my local BLM and lay claim to many hundreds of acres of public lands and secure mineral rights and surface resource rights for almost no money?!

This country is weird.....Hope we close at $1100/oz today!!

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#9) On November 08, 2009 at 11:39 PM, leo744 (< 20) wrote:

I want to comment on some earlier blogs about Buffett, Imagine a country where trucking goods accross the country becomes not economical or safe, and the government has to declare martial law due to civil unrest.....who do you think the government and what business is left will have to move it's goods???? Rail is by far the most efficient, and fastest ground transport there is! Buffet may be seeing something coming that Alstry and just a few others have been chatting about for the last year!!! Think people THINK!!!! 

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#10) On November 09, 2009 at 12:58 PM, jesusfreakinco (28.85) wrote:

Alasker...

I would add there is a subgroup of people who are trying the weigh out their time. They are hoping to get to the age where they can take social security. Get to the age that they can take draw their pension or collect the stock benefits they have accumulated. They are relying on the entitlements they believe they have earned.

What happens when they reach their golden age, retire, and then social security, their pension, and other entitlements are slashed or taxed at a much higher rate?  I'd suggest working for as long as you can, taking the savings and invest in gold and foreign currencies.  The likelihood is they'll need other sources of income than what they are 'depending on.'

My two cents...

JFC

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#11) On November 09, 2009 at 1:21 PM, ChannelDunlap (< 20) wrote:

OMG THE WORLD IS ENDING.  Seems I've been hearing that for the past year and a half and it doesn't seem to be happening.  Alstry didn't you promise to go away with 9.09 failed? 

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