Tag: economy

Depitalism and the rest of 2012

June 1 NYT article Weak Hiring May Force the Fed to Act

The NYT article is peddling information and commentary based on the wrong premise.

The reason why the economy is STILL not recovering is not because the FED has not done enough. The reason is one simple one that has several implications. The SOLE reason is the uncertainty of the November election. Consumers, citizens, corporations, small business owners, employers aren’t sure the horrible reign of the CES Obama is going to end. With that uncertainty:

1. consumers/citizens – are not seeing a recovery of the economy and thereby their wage earning capability. Depitalism which is still a factor for most households is weighing on them from previous years of bad fiscal policy in the home. Debt STILL needs to be paid down. Common tactics of the past to remedy debt like a second job are difficult to locate and secure. The “let it ride” has come to fruition. This doesn’t even deal with the reality of unemployment or under-employment which is a very real reality of many households. Looking ahead, the skies are gray and citizens don’t know what that means.

2. Corporations/small business owners/employers aren’t sure about the economy and even the short term status. Hence, no new jobs and continued downsizing and realignment and other positive spin words that has the bottomline of wrenching costs lower and lower. Consumers aren’t relying on depitalism to purchase employers’ products like they have for at least ten if not twenty years.

As long as all the parties involved in the economy feel their is the slightest chance of CES Obama finagling a second term, we will continue to see and feel the realities of an economy that will not heal, strengthen and improve.

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TPTB coming to US for new enclave

Bilderberg power masters meet in the US

Every time a “Bilderberg Meeting” takes place, important things happen. The last time they met in the US was an election year, 2008 – and the world got Obama. This year they’re back in the US: will they decide who the next president of the United State

­When in 2008 they gathered from June 5 to 8 in Chantilly, Virginia – just a stone’s throw from the Washington DC – Barack Obama and Hillary Clinton were neck-in-neck in the battle for the Democratic Party’s presidential candidacy.

On June 5 of that year, Barack and Hillary mysteriously “disappeared” for some hours “somewhere in the DC area.”  Their agendas blocked out, they clearly sneaked off to “Meet the Bilderbergers.”

The media kept mum about that, save for an Associated Press report on the campaign trail saying that, “reporters traveling with Obama sensed something might be happening between the pair (i.e. Obama and Hillary) when they arrived at Dulles International Airport after an event in Northern Virginia and Obama was not aboard the airplane. Asked at the time about the Illinois Senator’s whereabouts, Obama spokesman Robert Gibbs smiled and declined to comment.” (The AP dispatch “Obama and Clinton meet, discuss uniting Democrats” is, strangely, “no longer available” on their website).

Be that as it may, two days later, Hillary withdrew from the race and Obama became the presidential candidate. Did Bilderberg make Hillary “an offer she couldn’t refuse” to clear the way for Obama to the White House? Did they promise her that she would become his Secretary of State?

Although most Bilderberg annual meetings are held in Europe – France, Switzerland, Italy, Spain, Denmark, England, Scotland, Norway – this US election year they’re again gathering at the Westfield Marriott Hotel in Virginia from May 30 to June 3.  Either they’re very fond of that place… or of US elections… or both…!
whole article here

 

 

note: TPTB = the powers that be

icubudLeave a comment

yeah, right

Recession is over…
That is what chief empty suit and his minions (sorry cute yellow guys) keep spinning….

HP – 8% of its workforce

P&G – in the main story for this article buries the whole story to the end of the article – actually 10% of the workforce to be reduced

2 cents:
No, things aren’t really better out there but MSM in its league/alliance with CES the socialist democrat has decided to hush up the drum beat of the STILL poor conditions of the economy so as to provide a better chance that the chief empty suit can get reelected.

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From a market economy to a market society

Excerpt:
“But Sandel sees them as signs of a bad trend: “Over the last three decades,” he states, “we have drifted from having a market economy to becoming a market society. A market economy is a tool — a valuable and effective tool — for organizing productive activity. But a ‘market society’ is a place where everything is up for sale. It is a way of life where market values govern every sphere of life.”

Whole article here

2 cents:
Two things come to my mind after reading the article.
1. The MSM and so called higher education indoctrinate that “we all must come together”, celebrate our diversity, globalization, etc while in actions there is constant drivers pointing out, emphasizing “have and have-nots”, black, white, race, religion, us vs. them etc. It is ridiculous what is actually churned by the so-called entertainment industry as supposedly funny and dramatic – often exaggerating differences or pumping up stereotypes. The divisions and passionate if not at time belligerent and ignorant chasms between beliefs, races, etc. are the deliberate makings of the hypocritical education, MSM, entertainment and yes political industries. The result is polarization that has resulted in our own economy hitting the brakes, morphing and sputtering because of perceptions  and revelations of the “haves”, “entitled” and depitalism.
2. Our own political processes have been hijacked by this corruption of the free market economy. Often in first paragraphs about the election campaigns and  races is how much money do they have in there coffers not the value of their ideas, values and vision. Those that would probably make exceptional government leaders are not even able to race/run because of the infrastructure which makes mandatory that one must be a “haves”. So the result is our nation and governmental leadership has been replaced via “hostile takeovers”.

Systemic changes need to occur and that undoubtedly will be more painful for some but that doesn’t mean that those changes are required if we actually want our nation and society to become a much better reality.

icubudLeave a comment

reducing taxes or realities of depitalism?

An informative chart that was shared on an article on someone’s explanation about whether reducing taxes will result in better employment statistics.
I will state again, what is driving the sluggish economy and high unemployment numbers is:
1. lack of confidence in leadership of government (federal, state, city)
2. demands of payments for overspending in the past (whiplash of depitalism)
3. reality of overspending (the hangover affect of depitalism) and resulting responsibility in getting finances in line

#3 is a good thing
#1 may get resolved in the November election
#2 is ongoing and needs to be paid back/resolved in order for disposable income to increase

BTW I agree with the author of the article

earlier posts on depitalism:

https://icubud.wordpress.com/2011/09/09/depitalism/

https://icubud.wordpress.com/2011/09/12/economy-and-depitalism/

https://icubud.wordpress.com/2011/10/03/depitalism-need-to-correct-our-economic-infrastructure/

https://icubud.wordpress.com/2011/11/03/whats-that-smell/

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Employment & College Degrees

Well written & researched article that people with young kids in their lives that they could influence and coach would find handy. Also good for people who are considering career changes.

Gist:
A general guideline these days is that people are rewarded when they can do things that take trained judgment and skill — things, in other words, that can’t be done by computers or lower-wage workers in other countries.

1. The economic rules have been changing since the ’70s.

2. The U.S. produces a large number of workers whose skills aren’t needed.

3. Inequality is even more rampant than you think.

4. Time to consider getting a master’s.

2 cents:
For coaching and career guidance it is ever more important that your college degree be from a very well respected school. This means of course MUCH higher costs which translates into the need of exceptional high school marks and activities and parents/coaches that are fully engaged in finding financial aid (not loans). The fall back position would be loans.
It is imperative to decide what career one is focused on and then determine through research where does the employer of such careers look for candidates. Knowing universities is not enough, it is required to determine which universities are the pools of talent that the employers proactively recruit from and then target getting into those schools. This is information that will take digging but can be identified.

icubudLeave a comment