America; Decending to 3rd World Status?
Good Morning
This is one of those mornings that I wish I were blissfully ignorant. I find myself understanding far too much about
Abu Dhabi Investment Authority, an Arab investment group, bought a stake in Citibank yesterday. The Chinese, Arabs, East Indians, Japanese et al, loan us approximately $3 Billion per day in an attempt to keep us treading water. More than 3 Million jobs have been lost in industry and farming continues it’s slide to corporate ownership.
There are between 12 and 15 million known illegals in the U.S.. Medicare is slated to fail within 10 years. Personal savings remain negative for the third consecutive year (never before seen in our history). The first of 78,000,000 baby boomers become eligible for social security in about a month.
The national debt has increased by 1000% in the last 25 years to $9 Trillion and we have become the largest debtor nation on earth.
Some how, some way, we have to awaken
Many, many years ago a good friend who is very bright and very realistic, explained to me that the
He explained that once a person loses his or her job, it’s a short trip to 3rd world status. That being said, employment then, is all that separates us from that unfortunate state. That, and the social safety net that currently exists to supposedly create a floor for the level that one could sink.
But wait…who supports that safety net? The remaining job holders; so with no jobs is there a safety net? The short answer is no.
I want you to do something for me. Come on, pacify me for just a moment. I want you to pretend that you are unemployed. Not only unemployed, but unemployable, as in there are no jobs available. How long would it be before you reached third world status?
Don’t just dismiss this as, “It won’t happen to me.” That is what the 25,000 people being furloughed (as we speak) from Chrysler thought. Or the 30,000 from GM. I could go on, but it’s plain that industry is leaving the
What would you do? Where would you go? I can tell you; in a short time you would go broke and reach third world status. Scary huh? But you say you’re in management and life is good. Here’s a prediction. I hope I’m wrong. I believe the next huge round of layoffs in the
The #1 job in the
The basic employment in the
Think about all that I’ve just said. These may be dark thoughts, but unfortunately, all too true. Third world status is just a pink slip away. And what are your main stream politicians doing for you? They’re helping you pack for the trip!
We need a radical leadership change. Consider Congressman Ron Paul, or another candidate that expresses some hope for
“If you find you’re on the wrong train, get off at the next stop, it’s a much shorter trip back home.” ── Mike Folkerth
Wake up
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Mike -
Good article. I believe we need a political inversion. We need to replace the old, tired and polluted water at the top with fresh water from the rank and file…the working class.
Keep up the good work.
Ciao!
The Mickster
Excellent points, Mike.
Without our jobs, my family would only be a few short months from a living a third world lifestyle. Friends, family - when I look around they are all in about the same boat. Some are only a paycheck away from the streets. Yet on the surface everything still looks rosy. We all have cars, nice houses and lots of gadgets and stuff.
Unfortunately, unless one is personally affected (by losing their job) - most people turn a blind eye to the massive job drain that has been a direct result of America’s free trade policies.
Keep those wakeup calls coming! Maybe more will open their eyes before they find themselves living in the third world.
Actually, when you describe where the middle class is heading (with all those ugly facts) the true horror of it is enough to make one’s natural fear of “radical change” pale in comparison.
I pick “radical change”.
Another great article Mike. One of the biggest problems with middle America losing their jobs is that they are having to revert to taking poor Americas jobs which really intensifies the social pressures already at work. It was nice seeing a young adult from the “poor class” working in a fast food eatery working their way up to management. Now the out of work middle class folks are taking these jobs away from the poor and stifeling the opportunities that had been available. What we have is basically everyone that is non-rich is being stuffed down into a hole they will never be able to get out of. Americas promise of rewards for those that work hard and sacrifice to advance have gone with the wind(global warming?). Intelligence and common sense is being either bred or beaten out of our culture and we are paying for it dearly.
Mike,
You don’t suppose that maybe the Saudis planned on bankrupting America by helping to inflate oil prices. Could be that they saw we were heading for disaster with economy due to expense of being the Worlds police. They then figured they could get us between a rock and a hard place and then take over our markets and finance sectors. Now if only they could find a few politicians that take money to help their cause. Seems to be way of oil producing areas, Alaska included.
Red
Heidi,
Good point about being scared enough by the truth that radical change is a walk in the park if it can head of the inevitable.
It goes to the personal pain thing. “I don’t care about all of those people at Chrysler; I don’t work at Chrysler.” But then, when your turn comes, those people at Chrysler don’t care about you.
We have to unite, not as dems a repugs but as Middle America. We have the strength together.
Hayesml, as always, you let that dang common sense of yours get in the way of your rose colored glasses. Your government isn’t going to be proud of you! grins..
I have long predicted that we would be back to seeing those with degrees being educated frymasters.
As Heidi so well put it, no job and you reach 3rd world status within months.
Keep up the good fight, win lose or draw, we need to at least skin them up a little.
Red,
I think you are right about everything but the price of oil. The demand for the available world oil is triggering the old supply, demand, and gouge every time you can, rule.
As far as seeing our weakness and moving in for the kill so to speak, I believe you are dead on. We will see this country selling to foreigners like cheap tickets for Hannah Montana concert. All while we have American citizens that are left standing on the curb.
The wealthy have the best government that money can buy. We have the votes to change that; if we will.
Don’t re-elect anyone!