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alstry (35.03)

We Are All Slaves Now.....

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November 09, 2010 – Comments (8)

This headline is from www.GTBnews.com....

Unemployed told: do four weeks of unpaid work or lose your benefits

When Government was legitimately raising revenues and spending from those revenues....the above behavior would be not only acceptable, but virtuous.

But when the Government is spending printed, or counterfeit money, that it no longer has to obtain from the work product of its citizens or loans from other nations........the above behavior actually becomes essentially indistinguishable from slavery.

If you work in government, health care, defense, farming, aerospace, or are a social security recipient, food stamp recipient, or retail, insurance....or really pretty much any other industry today....your revenues are coming directly or indirectly from government spending printed or counterfeit money......

And now that government no longer needs our tax receipts or borrowing money from third parties to function(QE2).....we are all not much different than slaves of govenment from a functional standpoint.

Now the question is who do we bail out and who do we not?

8 Comments – Post Your Own

#1) On November 09, 2010 at 12:12 PM, alstry (35.03) wrote:

Now comes the really interesting legal questions....since it was the taxpayers that bailed out Wall Street.....shouldn't it be the taxpayers....and NOT the shareholders or executives that own Wall Street.

The taxpayers did not bail out private businesses, or private citizens....and millions of private businesses went bankrupt.......if the private businesses got bailed out like Wall Street, those private business shareholders would be paying taxes just like Wall Street.

So from a legal standpoint....shouldn't the taxpayers own the bailed out companies and not the shareholders....just like GM.

Can you see where this argument and trend is going?

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#2) On November 09, 2010 at 12:34 PM, BillyTG (29.13) wrote:

Amazing.

I was reading yesterday about the recent job increases. I think the number was 150,000+ new jobs, which is better than losing that many...but the article went on to state how it is just keeping pace with the growing population, which is why official unemployment (U-3?) remains at 9.6%.

It also said that of those new jobs, 30,000+ of them are short term.  The government doesn't brag about how there is a growing trend of "new jobs" that are really just part-time jobs where the workers get no benefits and work for very low wages.  Corporations are converting full time workers to part-timers because of the substantial savings (no retirement plans to worry about, no healthcare programs, no paid holidays, etc).  Schools are doing the same thing by converting full time teachers to substitute status where they get 1/3 the pay and no benefits.

So whenever we hear such "good news" about how employment is improving, we really need to dig a little deeper to see that we are quite quickly modifying our entire economic/social structure to a serfdom-type design.

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#3) On November 09, 2010 at 12:40 PM, alstry (35.03) wrote:

Isn't this what Bernanke wants...rising commodity prices that can't be passed on to the consumer so profits in America evaporate....

http://www.marketwatch.com/story/commodity-prices-weigh-on-dean-foods-sara-lee-2010-11-09

No profits...then you must cut wages and workers.....

Job openings drop for second straight month

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#4) On November 09, 2010 at 2:42 PM, alstry (35.03) wrote:

When No One Wants Your Money.....

When asked, however, what he thought it might be, the former ambassador said it could possibly have been a missile test timed as a demonstration of American military might as President Obama tours Asia.

"It could be a test-firing of an intercontinental ballistic missile from a submarine … to demonstrate, mainly to Asia, that we can do that," speculated Ellsworth.

http://www.cbsnews.com/stories/2010/11/09/national/main7036716.shtml

Hmmm....why would we want to show Asia what we can do as the good ambassador speculates?

Hyper Inflation, Deflation........WW3..........all roads lead to Depression........

you pick.........

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#5) On November 09, 2010 at 4:10 PM, BillyTG (29.13) wrote:

Or it might have been a test-firing by China to demonstrate, mainly to the US, that they can do that.

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#6) On November 09, 2010 at 4:56 PM, JerseyShoreGirl (< 20) wrote:

Is this Day 1? 

http://www.youtube.com/watch?v=iOs1vY53WeU

Also, tune into Beck at 5:00 EST for his show on Soros.

Buckle up!

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#7) On November 09, 2010 at 5:00 PM, alstry (35.03) wrote:

Jersey....

A lot of what Beck says is very good.....and a lot is not so good.

That is the problem....he confuses the good with nonsense.

But at least he is one of the few in the msm that has some good.

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#8) On November 09, 2010 at 7:10 PM, BillyTG (29.13) wrote:

Jersey, thanks for that link.  I like the part about the IMF/G20 meeting to restructure global debt.

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