Oh My My My! How do you like it now?

November 20th, 2008 at 10:33pm Edward Troy 191

I don't know if that is how Keith Jackson, college football's greatest announcer, would have said it, but that is how I remember it. But is this a game I am asking about? No, it is the economy. We are in serious trouble (duh), here's why;

In 1929 we had 129,000 of rail lines, the Mesabi Ranges of banded iron ore deposits were not played out, there was still a major dependence on barge traffic, people didn't travel that much unless it was by mass transit, or rail. By 1932 The Dust Bowl was in full fury a once in a 500 year or so event; agriculture therefore had great upside potential. The TVA and rural electrification had begun, enabling the use of telephones and the information age was ready to explode exponentially. The American people were the best educated and healthiest people in the world. So what is different this time?

Most freight today travels by relatively mechanically inefficient big rig trucks, which also cause almost all of the road and bridge damage on top of that inefficiency. Rail is about 4 times as efficient per ton mile. Barge traffic even more so. People travel in personal vehicles, I don't have any efficiency numbers for that off the top of my head, but if this is something that seems to be rocket science or something someone needs to conflate with the unusual situations where mass transit can't be made to be available, and carpooling is culturally unacceptable..... then it is likely that these persons who hold and/or promulgate these views are willful obstructionist problems -- I am not even bringing up the carbon footprint. We are not experiencing dust bowl conditions. We are no longer the worlds best educated or healthiest population. We are far behind in the application of digital technology. We are not stupid with diminished IQ's, just foolish, leading to ignorance of the worst uncompetitive type.

Almost all of the comparative advantages go to the EU, Japan, China and India when the dust clears -- all four have lower labor costs compared to education. Their people are better educated compared to the pay they receive than we are. The EU and Japan have progressive taxes and socially responsible spending policies for those taxes. The last numbers I had indicated that China is 17 times as productive in producing engineers as we are when I looked at GNP, population and total number. The simple God fearing man needs an actual education to compete, the flag should not be used to diaper these types. In fifteen years, I doubt that the Confucian/"communist"(state capitalists) would have a problem kicking the simple man into a ditch for cheap high nitrogen fertilizer and along with his flag wrapped censored word of God translated into Olde English bible.

I have said that DJIA could end up between 5000 and 6000 to select friends. This could happen in the next 12 months. The Fortune 1000 needs to be reviewed, and many of these corporations should be rescued, after decapitating the top level executives and the irresponsible boards that put them in place, after a stimulus that may need to be more than a trillion dollars, with tax deductions on; made in the USA, real estate, education, cogeneration, health care and hiring. The workers (read producers) whether union or not are not at fault when it comes to working. The decision makers who profited from their work and sent much of that capital overseas, and told them to build gas guzzlers that kept this country knee high to the unsavory characters in the Middle East instead of mass transit, built massive Bessemer Converter steel plants instead of specialty alloy steels production, roads intead of rails, prisons for potheads instead of schools for education, the Republican war in Iraq instead of Bin Laden's head on a platter, etc. are at fault. The only worker faults were how they voted in legislators that legalized economic theft of treasonous proportions, and making purchases at Walmart type businesses. Untold trillions of dollars have left the country via these two exits, only to come back as petro dollar financed terrorism, stupid wars and rising unemployment. The dollar has further to fall than most major currencies and yet commodities could drop even faster -- deflation; economic death.

That stimulus and corporate rescue with decapitation needs to be done. It would be wise of investors to remember that the producers work is fundamental to quality of life, capital is not, this is no time to cheat and chisel the American worker of demand stimulating pay and the profit the investor gets. This is no time to suspend the constitution and defy the ideals of the Declaration of Independence -- this greatest president since Clinton has already done that and more; violated the spirit of what made America great in history. It is time time to aggressivley go after the simpletons that want to indulge themselves in bigotry. We no longer have the luxury of stopping any contributor from their potential, because of any bigotry and that includes gay, lesbian and transgender people. So how do you think the financiers and captalists would like us now, and what are we going to do about it? Lets try to ignore the recapitulated regurgitant of the bigot bunch, diaper butts, propaganda meisters, and other stooges so we can get to brass tacks. Any ideas? Maybe we can help the upcoming president, ourselves and our country as good citizens and part of the government.

Entry Filed under: Aspen, Race, United Post