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alstry (35.02)

The Last Two Areas To Outsource

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March 18, 2010 – Comments (7)

GOVERNMENT AND HEATLH CARE constitute about 2/3 of the consumption in America.  People who work in government and health care in America make very high salaries based on world standards.....and insane levels based on tax receipts.... considering tax revenues are evaporating.

We are now borrowing $2 trillion dollars per year simply so  government and health care workers can get paid while private sector workers lose jobs, homes, and savings.  We also borrow that money to fight a few wars but that is only part of it.

We could outsource much of our government and health care overseas and save trillions per year.  Why do we need 50 states when one would do....or why do we have cities AND counties in a digital age.  If we simply combined all of our cities into counties and combined all of our states into one....we would save trillions of dollars per year in administration costs....we might even be able to eliminate most income taxes.

The only problem is without government and health care spending trillions we don't have....our economy would evaporate an unemployment would skyrocket to unprecedented levels.

We face an interesting dilema, if we are not spending money we don't have.....we really don't have much of an economy.  No wonder so many laws are being broken these days as fraud escalates to levels never seen in American history before. 

Get ready, Madoff is going to look like a petty criminal before this is over.

 

7 Comments – Post Your Own

#1) On March 18, 2010 at 9:57 PM, alstry (35.02) wrote:

Right now, both residential and commerical constriction has bascially come to a halt save government work....government work being allocated with dollars the government doesn't have.

Auto sales are a fraction of what they were just a few years ago and many of the cars being sold today are to government and health care workers.

Much of the revenues being generated by law firms and accounting firms are directly or indirectly related to government spending money it doesn't have.....

Soon you will realize once government cuts spending...there will not be much left for many Americans to do in the industrial age.

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#2) On March 18, 2010 at 10:07 PM, alstry (35.02) wrote:

 Atlanta Loses 19,900 Construction Jobs 

After Wall Street outsources the rest of America...we will be ready for the digital age.....

Christ Hospital in Jersey City - 60

Space Coast, Prepares for Unemployment 'Disaster' 

Omaha Nebraska - Proposed 64 Fire Dept. Layoffs

Update: Chico Unified School District - 141 Job Cut Notices

Chicago Heights School District 170 - 87

The city of Indio CA - 30

The Minsink Valley School District - 24 Teacher Aides

WITH VERY FEW WORKING...FEWER WILL BE ABLE TO AFFORD TO DRINK BEER....

Anheuser-Busch - Looks to Cut Staff at US Breweries 

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#3) On March 18, 2010 at 10:30 PM, alstry (35.02) wrote:

This could speed up the process of moving us from the industrial age into the digital age.....both Russia and China have a mutual defense treaty with Iran.

Hezbollah: Iran strike to ignite Mideast

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#4) On March 19, 2010 at 3:38 AM, APJ4RealHoldings (29.59) wrote:

LAWYERS

you totally missed that one man ;)

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#5) On March 19, 2010 at 3:44 AM, APJ4RealHoldings (29.59) wrote:

Why do we need 50 states when one would do....or why do we have cities AND counties in a digital age.  If we simply combined all of our cities into counties and combined all of our states into one

Well....that would take away power from every single voter in America.  An individual vote will become worth less in the aggregate scheme of things, and that existing feeling of not being represented....well that feeling will be taken to an extreme in the above situation when you can hardly organize those in your community to vote out the person grossly misrepresenting their constituents. 

I see your point on the thousands of separate local administrative costs, but what about my points above?

Your thoughts?

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#6) On March 19, 2010 at 8:14 AM, alstry (35.02) wrote:

I didn't know we had any representation now....

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#7) On March 19, 2010 at 8:43 AM, jason2713 (< 20) wrote:

Much of what is going on is technically illegal, and there could be the theory that most of the banks are insolvent if they were forced to mark to market.

My father's wealth is completely in Canada, and has been since 2002.  He was well ahead of the curve, he saw this all coming..tho probably not the magnitude.  He's been in gold since then too (up to a million dollars worth)

He lost his ass when the market tanked, and he paniced and sold.  He lost quite a bit, but has since gained most of it back.  If he had just held, he would have been ok, but who knew.

I forsee this happening again however, will gold follow the broad market?  A currency crisis is brewing, and even though Benny says he has the printing under control, can he really control it?  The market has entirely too many moving parts, its going to do what it wants. I think gold will jump within the next 12 months, where it will jump is anyone's guess.  

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