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alstry (35.97)

The Private Sector in America is DEAD!!!!! We are ALL about to be MADOFFED

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June 12, 2009 – Comments (4)

 Cravath, Swain & Moore Firm Asks Incoming Lawyers to Delay Start a Year

For years the government has been growing as the private sector has been shrinking.  A greater and greater pecentage of private sector revenues came from government...WalMart(welfare, food stamps, unemployment checks), Defense, Health Care.....you name it. 

Now the true private sector has become so small, without Ponzi like bubbles....there is simply very little money flowing from the Private Sector left to sustain a MASSIVE government sector.

THE ECONOMIC SYSTEM AS WE KNEW IT IN AMERICA IS DYING VERY FAST.

The above is one of the largest law firms in America....and there is just no work for incoming lawyers.....and this is happening at practically every law firm in America.....plus most of the law firms at this size generate a HUGE amount of revenues from government spending....SO IF GOVERNMENT SPENDING SLOWED...SO WOULD THEIR BUSINESS!!!!

California faces a similar issue......A HUGE PERCENTAGE OF CALIFORNIA'S ECONOMY SIMPLY COMES FROM GOVERNMENT SPENDING...

And now the private sector is simply not generating enough money to sustain California's massive government....at this point.....revenues are soooo low that it threatens a shut down of the entire state government unless a resolution comes forth.

Barring a miracle, California lawmakers will miss their June 15 deadline for passing a balanced budget -- a staggering challenge with the state facing a $24.3 billion shortfall amid the worst drop in state revenues since the Great Depression.

Gov. Arnold Schwarzenegger vowed Wednesday to let California government come to a "grinding halt" rather than agree to a high-interest loan to keep the state afloat if he and the Legislature do not close the yawning budget gap in coming weeks.

http://globaleconomicanalysis.blogspot.com/2009/06/showdown-in-california-schwarzenegger.html

THIS TIME CALIFORNIA'S BUDGET IS MUCH BIGGER THAN THE GREAT DEPRESSION.

Soon the light will turn on in many of your heads and you will begin to appreicate Alstrynomics.  We are running out of money in the private sector.....and government has grown so large.....that if  we took every dime the private sector generated in profits....it would not be enough to sustain government since much of current private sector revenues actually comes from government.

Yes my friends, in the past 10 or so years.....the entire American economy has morphed into one big Ponzi scheme (Private sector borrowing money it didn't have generating profits for government and in turn government spending driving the private sector).....your government officials have known this for some time....so have foreign bankers......and same with Alstry....now you guys are about to leave the Matrix........it is my job to condition you so the shock won't kill you.

In the end.....ask yourself how small would our economy really be if the government stopped spending.....you will be SHOCKED by the answer if you take the time to carry it out fully.

The only solution is to equitably bankrupt the nation or your politicans and bankers will rob you dry and there will be nothing left for anyone except those who stole the money and left the country.

Remember, the other course of action is WAR of course!!!!!  You think if Madoff could have chosen war....he might have thought about it instead of getting caught???

4 Comments – Post Your Own

#1) On June 12, 2009 at 3:58 PM, Seano67 (27.89) wrote:

Alstry, you are the new Morpheus. Or are you Neo? I dunno, but you are without a doubt the Doctor of Alstrynomics.

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#2) On June 12, 2009 at 4:18 PM, mode7 (81.13) wrote:

Just hope this is the original film and not the sequels?

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#3) On June 12, 2009 at 4:56 PM, leohaas (33.70) wrote:

Look at the positive: work for lawyers is slowing down! Who doesn't like that?

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#4) On June 12, 2009 at 10:48 PM, bullnada (< 20) wrote:

Alstry,

Ponzi scheme. I have one you may be interested in. If you want to make money start a mlm. They are exploding. The sheeple love them. You cant figure out this market. At this point you are better off betting on black in vegas. Atleast you will have a great time. 

 I think it is funny how simple this is... We are all f----d. Thats why alstry says ( enjoy your life)  Look around you you fools. Everything is a ponzi scheme around you....

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