Wednesday, November 11, 2009

Unemployment to persist at high levels


Sadly, mankind never learns the big lessons, Unemployment will remain high for years.


Hundreds of billions in "stimulus" monies won't change that TARP has merely consolidated banking power at taxpayer's expense and made the Federal Government partial owners of the new conglomerates.

So while people lose their jobs, and inflation (actual inflation not the lies the .Gov is peddling this week) rises robbing money from rich and poor alike, now there will be even less employment available moving forward under the twisted Keynsian Vision that is en vogue in Babylon on the Potamic.

With a warehousing strategy in place, the loss of a job can be dealt with, at least somewhat, the problem is the 90's and 2000's housing boom created millions of mortgage holders, but far fewer actual homeowners, a lost job can see an eviction from one's home making the warehouse a burden, however that is one of the risks in America on the Decline, there is no longer Certainty only Doubt and loss moving forwards.

A one time favorite Author of mine, Boston T Party mentioned in his great "Surviving Doomsday" that Americans really should live with the thought that if their income were cot in half, it would have no effect on their day to day lives.

What a great concept, along with the rebirth of the Nuclear Family, two ideas who would allow Americans in particular to get back on their feet as a whole without living in one's car for an extended period of time.

W