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Archive for the Category ‘Deindustrialization’

USA lawmakers consider NAFTA and WTO repeal

USA lawmakers consider NAFTA and WTO repeal

A small group of U.S. lawmakers planned to offer legislation Thursday to withdraw from the North American Free Trade Agreement in the latest sign of congressional disillusionment with free-trade deals.

Our inability as a Nation to compete with Asian companies really has nothing to do with the salaries of the workers but has much more [...]

Too few jobs; too much debt; the future of the West

Too few jobs; too much debt; the future of the West

“At least once a week, you hear some Wall Streeter exulting that manufacturing is showing signs of recovery. What he doesn’t tell you is that manufacturing is less than 10 percent of the economy. He won’t mention that sickly consumer-related activity is 75 percent.”

Does anyone think the standard of living that Western societies have been [...]

20 Reasons The US Will Never Recover & Why

20 Reasons The US Will Never Recover & Why

“The continued preeminence of the United States and the relative independence and self-sufficiency of the United States would have to be changed… in order to create a new structure, you first have to tear down the old, and American industry was one example of that.” — Dr. Day, 1969 presentation about the planned de-industrialization of [...]

US Homeowners: Sell your home now!

US Homeowners: Sell your home now!

A year from now you won’t be able to sell your house. Yes, you read that right. The caveat is (there always is a caveat) that if you have enough money to make required major upgrades to your home, then you can sell it.

We encourage you to read the provisions of the Cap [...]

When your neighbor loses his job it’s a Recession…

When your neighbor loses his job it’s a Recession…

When your neighbor loses his job it’s a Recession and when you lose yours it’s a DEPRESSION.  It’s an old saying it was passed around as an e-mail  joke for some time but it is not funny anymore. Even if you listen to the propaganda coming from our government “The Labor Department said 17 of [...]

Automakers see worst sales in 30 years; will they ever recover?

Automakers see worst sales in 30 years; will they ever recover?

In a speech this month at the Los Angeles auto show, Robert A. Lutz, GM’s vice chairman for marketing, said, “The automobile industry simply can no longer rely on oil to supply 98% of the world’s automotive energy requirements.

The world does have huge oil reserves remaining however soon there will no longer be the ability [...]

Thousands of auto dealership jobs on the chopping block

Thousands of auto dealership jobs on the chopping block

It would really be surprising if this bailout does not place atop the list of all time poor public expenditure policies. There are just so many reasons the bail out of automakers should never have been allowed. At its most basic, it is outrageous to take money from taxes paid by those making $ 10/hour [...]

Unemployment indicative of deindustrialized economy

Unemployment indicative of deindustrialized economy

“You’ve got to have someone in the store, and if you’re down to one person in the store, you can’t cut any more.”

The question is not whether a low growth of 0.1% a quarter signals the end of the recession or not. It is whether the leaders of major financial companies and automobile industries have [...]

UAE oil economy up in smoke; solution to economic crisis?

UAE oil economy up in smoke; solution to economic crisis?

“There was a time when investment in this country meant to borrow money to increase manufacturing capacity, research and development. Now investment funds are used for mergers and acquisitions that create no wealth.”

As long as there is a financial gain associated with a function that should fall under the category of public affairs, there will [...]

Doomsday looming for many truckers at Los Angeles and Long Beach ports

Doomsday looming for many truckers at Los Angeles and Long Beach ports

“This is hitting us hard,” said Nelson Romero, president of the National Port Drivers Assn., a group that says it has more than 1,000 members and is seeking to extend the Jan. 1 deadline. “It’s not fair that everything falls on us.”

Doomsday looming for many truckers at Los Angeles and Long Beach ports
Clean-air guidelines banning [...]

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