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alstry (35.28)

Will The Masses Be Begging For Communism

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July 23, 2009 – Comments (9)

Let's think about this for a second....

Millions of Americans are out of work and are so discourged that they are not looking for work any more.

Tens of Millions more have seen their wages drastically reduced over the past 3 years.

Now tens of millions on welfare and unemployment face the stark prospect of their benefits being cut off or reduced.

Throw in thousands of prisoners being released from jail early and no job waiting and the prospects for employment negative for all......

It is not difficult to see stress rapidly rising among the population as more and more go broke....and we know that tens of millions are going broke as this blog is written.

As bankers get trillions from the government and billions in bonuses from the government, how do you think people are going to react when they can't feed their children???

9 Comments – Post Your Own

#1) On July 23, 2009 at 12:07 PM, alstry (35.28) wrote:

It is amazing, the outcome of nation Zombulation is always change.....is this the change we really want?????

 

How hard is it to see which direction we are going right now?

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#2) On July 23, 2009 at 12:30 PM, PSU69 (89.83) wrote:

Many automotive folks are down on their luck (suppliers too).  How quickly they forget their years of profits.  Why is HOG down?  Darwin remains correct.  Those who evolve will out-perform those who have might for a short time.  Folks who made millions chasing the housing bubble seek someone to blame.  The market just went over 9000 today.  The wheels are spinning back up to speed.  DOOM & GLOOM writers always BANG THEIR DRUMS.  Is driving a 7,800# Dodge Durango in city traffic with ONE PERSON IN THE MACHINE reality in 2009?  How many of the unemployed auto people drive carbon monsters that weigh over 4,000#?  Get a grip kids.  EVOLVE.

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#3) On July 23, 2009 at 12:42 PM, Upstar75 (< 20) wrote:

Alstry, I do love your postings and I know some people here criticize you for many of your past posting. My strategy so far has been sitting on the side line watching the investment game being played. I am not long and I am not short. I have a question for you. Market is just raising and you did go out not long ago saying that around September you expect something to happen and market will adjust itself to the real outlook of the economy. Is that still the case?

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#4) On July 23, 2009 at 12:42 PM, Upstar75 (< 20) wrote:

By the way keep up the good work

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#5) On July 23, 2009 at 12:46 PM, whereaminow (22.35) wrote:

We'll see alstry.  It will be interesting  Outside of the whore-rent-seeker-Real-Housewives-of-NYC crowd, most Americans prefer autonomy.  When Communism has won in the past, it is because the ruling parties did not press for peace in their long standing conflicts (sounding familiar?)  For example, the Bolshevists had only one plank in their platform that the Russian majority found appealing: an end to the war.   The rest, nobody cared about.  Oops!

David in Qatar

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#6) On July 23, 2009 at 12:55 PM, alstry (35.28) wrote:

I do love investing....but each day that passes, investing seems less and less relevant in the current system.

If there is no money, most other issues don't matter in the current environment.

Right now, millions of citizens are running out of money.  Over one hundred million depend on the government to exist.  Most of our businesses depend on government spending to survive.

If the government can't spend, there is not much business based on the current flow of dollars.

Things are a mess and about to get much messier as many are focused on healthcare instead of focusing on restructuring.

My guess is that riots, unrest, and maybe an unexpected issue will force that change upon us.....you think the plans are already in place?

 

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#7) On July 23, 2009 at 2:13 PM, JTShideler (79.42) wrote:

I just wanted to know where you got your numbers from.  For example the Tens of million (implying more than 10 million) workers drastically having their wages cut in the last 3 years sounds a bit unbelievable when under most cases wages are sticky in that they go up but don't go down that easily.  Unless you are counting people as unemployed as having a wage decrease since being paid nothing is a drastic decrease or people that are working part time instead of full time, although then your statement would be counting these people twice.

I am just curious where your numbers come from so they can be checked after all there are lies, damn lies and statistics, which are worse of all.  Your own critigue of the government green shoots proves a pretty good example of this misrepresentation and don't want you to be accused of this as well.

Also this country will turn towards Communism over my dead body (so I will probably be one of the first sent to the gulag).   

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#8) On July 23, 2009 at 2:20 PM, alstry (35.28) wrote:

Tell that to the 500,000 CA state and University workers that just got wages cut 10-15%.  Not to mention the millions upon million of other state and local government workers.  Or the millions working in private businesses.  Or the over million auto and auto parts workers.  How about the hundreds of thourands of airline workers?  Or the millions of real estate sales or mortgage brokers?  Or the thousands upon thousands of lawyers and architects?

Whenever you want to appoligize, I am waiting.

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#9) On July 23, 2009 at 3:58 PM, Tacomatight (73.65) wrote:

David in Qatar ,

Why'd you respond to this with real thought?

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