Use access key #2 to skip to page content.

alstry (36.07)

It Is Not Doom And Gloom

Recs

14

July 08, 2010 – Comments (9)

We lost another 450,000 jobs this week....it has been OVER 400K for the last couple years as now practically every city, county, state, hospital, and school system is reducing its workforce.

It is simple, we are shutting down INDUSTRIAL production as we proceed into the Digital Age.....and practically everything in the current economy is based on INDUSTRIAL production.

In the Digital Age....we will not need as many to work as technology will replace human labor.  The concept of city, county and state will likely become obsolete as we will be able to expand geographical administration with technology.

Most lawyers will lose their jobs because many of the property rights currently afforded will no longer exist.  Property will belong to the state or global system.....and knowledge will be the store of wealth.

Money and Gold will morph into Digital Vouchers from the state.....and the stock market as we know it will likely be globalized.

At this rate of job loss and credit contraction.....we have already reached the point where government must tax the citizens 100% of their income to sustain the current industrial system...as we know such a tax is not permissible......especially with government obligations about to skyrocket going forward.... therefore, by only bailing out government/few banks.....it is mathematically certain that pracially all private property will be foreclosed upon......and even if you think its not you, it will be most of your neighbors and your property will be worthless.

Expect most of the world's oil supply to be cut off in the near future.....it is simply what must be done to propel man forward into a more sustainable existence.  Nuclear will repace carbon fuels in relative short order.....Donner is the resident expert on this subject.

We gave up our liberties for security with the passage of the Patriot Act.......

Now we gave up our property for perceived prosperity by bailing out the banks/federal government and not the citizens.

It is not the end of the world....simply the end of a world as we knew it......

Seriously, how long did you think Politicians can keep simply printing money and paying themselves as we produce less and less?  It is truly amazing how we only bailed out a few banks and some government and let the rest of the system fail........

Who would have ever thought that could happen in the United States of America

9 Comments – Post Your Own

#1) On July 08, 2010 at 9:28 AM, dinodelaurentis (73.80) wrote:

I am not surprised. :(

Report this comment
#2) On July 08, 2010 at 9:52 AM, alstry (36.07) wrote:

Get ready for most of the world's oil supply to shut down....as we shut down the Industrial Age and proceed forward into the Digital Age...

Drugmaker Merck closing 8 plants, 8 research sites

Wells Fargo - 3,800 Layoffs, and 638 Financial Stores Closing

Update: 84 Lumber Closing 7 Stores

Brunswick Community Hospital - 15

Southwest Washington Medical Center - 30

Montgomery Hospital PA - Confirms 26 Layoffs last month

WHY DO SO MANY SHEEP HATE KNOWING REALITY?

Report this comment
#3) On July 08, 2010 at 10:47 AM, blesto (31.53) wrote:

Not just digital but robotic future.

iRobot Corp. (IRBT)

Their best seller is a floor washing model. I would suspect improvements in the following years will enable robots to do more and more different tasks. The new jobs will be in sales, servicing and maintenance.

I personally believe there will still be industry here, just different and as you say more digital.

Report this comment
#4) On July 08, 2010 at 11:53 AM, alstry (36.07) wrote:

Clearly there will be industry...but from a legal standpoint there will be a fundemental question who owns production when production is being primarily driven by much less human input and more by machines.

Most Americans, even those with very high educations are only capable on thinking on one or two levels....very few can extrapolate conclusions which have never been experienced.

It is what drives the innovator or inventor.

It is amazing that government workers/politicians/bankers are still getting raises when much of America is bankrupt.....simply based on our current legal system of fairness and justice.

If much of America is bankrupt, so is the government and banks.

Once you break down the moral foundation of the law....anything is possible......ANYTHING, especially that which has never been seen before.

We have been losing, on average, 500,000 jobs per week for the past few years...yet we are told we are in a recovery.  We could be, but simply not in an economy based on jobs....so the question is what will the new economy look like......and my guess is will be not based on jobs....

so therefore you must throw out all paradigms of what is currently viewed as normal.....

WELCOME TO THE DIGITAL AGE....

Report this comment
#5) On July 08, 2010 at 12:05 PM, alstry (36.07) wrote:

When you don't produce much goods and services in the Industrial Age RELATIVE to your consumption....the ONLY production you have left is FIGHTING to get others production..

Ahmadinejad brands USA 'world's dictator' ahead of summit...

Russian bomber incursions continuing, new Northcom commander says...

Pentagon throws $3 billion at Afghan bombs...

MAG: U.S. Missiles Deployed Near China...

Silly sheep....keep eating your pancakes and watching your TV......you just didn't care...you only knew how to consume....until the money ran out and there was not much production left...

but we are a resillient people....we will produce again.....nobody is more confident about America than Alstrymous.

Let's hope we can do it without war....

Report this comment
#6) On July 08, 2010 at 12:05 PM, alstry (36.07) wrote:

When you don't produce much goods and services in the Industrial Age RELATIVE to your consumption....the ONLY production you have left is FIGHTING to get others production..

Ahmadinejad brands USA 'world's dictator' ahead of summit...

Russian bomber incursions continuing, new Northcom commander says...

Pentagon throws $3 billion at Afghan bombs...

MAG: U.S. Missiles Deployed Near China...

Silly sheep....keep eating your pancakes and watching your TV......you just didn't care...you only knew how to consume....until the money ran out and there was not much production left...

but we are a resillient people....we will produce again.....nobody is more confident about America than Alstrymous.

Let's hope we can do it without war....

Report this comment
#7) On July 08, 2010 at 12:36 PM, TMFCHarris (99.62) wrote:

We have been losing, on average, 500,000 jobs per week for the past few years

Over four years, that comes out to 104M jobs. I think there might be some double-counting there...

Report this comment
#8) On July 08, 2010 at 1:02 PM, TMFCHarris (99.62) wrote:

Going a bit further, there are only 208M adults (16-65) in the US. Taking into account stay-at-home parents and college kids, 104M losing their jobs would be more than 75% of the working population.

Report this comment
#9) On July 15, 2010 at 3:08 PM, tfirst (27.65) wrote:

Figures lie and liars figure....You assume that none of those people went back to work somewhere. The real thing to note with these numbers here is that 75% of the working population has changed jobs in the last four years. Sure, most of them are making less money but also think about this, there are more 60+ aged workers today than there are 16-21 year old workers. Ever wonder about the 25% that held their jobs during that time? What age do you think that group would make up?

 I believe that some of this finanacial change may be due to the fact that America itself is changing. A lot of the young today don't want to work and don't understand their freedom or even what it means. That's why it gets easier to take it away, the longer we go. "The price of freedom is paid for with the blood of patriots."  I don't remember who said that but our leaders have been misallocating all the funds for a long time now, and the bill is coming due..

I wasn't calling anyone a liar with my first statement, I was just saying give me a set of numbers and I'll make them  say anything you want them to. Ask GS.

Report this comment

Featured Broker Partners


Advertisement