I just saw a report on television about the "flash rob" that went down at "The Mall of America" in Minnesota. A flash rob is when a large group of people get together at a set time using social media like Facebook or Twitter and plan a robbery. The retailers and law enforcement are overwhelmed by the number people and cannot effectively deal with the situation.
Events like this will add to burden that owners of brick-and-mortar stores have to face, and ultimately lead to them not being economically competitive and shutting down.
Again here, the Internet is to blame for the changing economy, an economy that cannot support enough jobs for the people who want and need them. So far law enforcement has yet to come up with an effective method in dealing with them. If they ever do, I bet it will be really expensive, and there will be no way to pay for it with constant right-wing movement to eliminate government and government jobs.
Also, if the kids in this latest "flash rob" had jobs they wouldn't have had to participate in this phenomenon. My guess is that the kids who participated in this came from poor homes, and the Internet is now being used to have the poor turn on the middle class in their most sacred of haunts, the shopping mall. And this all happens while the wealthy watch from a safe distance.
To recap, as the middle class dies, the malls will close, and the poor masses will be left to riot on the streets. And we will have the Internet to thank for it all.
Wednesday, December 28, 2011
Tuesday, December 13, 2011
The death of retail stores and jobs....
Now, I hate being a Luddite, I think overall progress is usually for the common good. But I really don't understand what will happen when retail sales jobs start to disappear. Retail sales for many people is a great way to enter or re-enter the workforce, especially if you have no special skills and don't have more than a high school diploma or a bachelor's degree.
What will kill retail? People walking around brick-and-mortar stores with their iPhone/Android apps that show if they can get a cheaper deal for the same product online. Already struggling electronic stores will probably fold by the end of next year. I haven't seen these apps in action, but I would imagine this might be useful for high-end clothing as well.
I think many stores will be forced to close because their overhead expenses are much higher than some guy or gal selling merchandise out of their basement using the Internet.
When Republicans keep saying that the future of economic growth is in small business, what do they mean? I think they mean that everyone will be selling stuff out of their basement over the Internet. But how practical or easy is that? How practical or easy is it to start any small business for that matter? How easy is it to raise capital to start a small business, especially now when the banks are tight about who they loan money to? I don't believe that the Republicans think about these things when they say that things like small business is the future of the economy. But what else are they going to say when they know that the Internet is slowly killing traditional brick-and-mortar businesses, and what else are they going to say when they want to eliminate as many government jobs as possible because their wealthy "1 percent buddies" are the only ones who can afford to pay taxes and they don't want to.
It used to be that you worked hard and saved money to start a business of your own, but how will that be possible when their are no more jobs left. And who will loan you money when you don't have a job.
Some people say that the new economy created by the innovations of the Internet and wireless technology are exciting, and that innovators like Steve Jobs, the late Apple founder, and Jeff Bezos, the CEO of Amazon will be revered as major driving forces behind great economic change and the emerging new economy, but I think ultimately they will be hated for making so many jobs disappear especially in the retail sector, a major employer of the post-industrial world.
What will kill retail? People walking around brick-and-mortar stores with their iPhone/Android apps that show if they can get a cheaper deal for the same product online. Already struggling electronic stores will probably fold by the end of next year. I haven't seen these apps in action, but I would imagine this might be useful for high-end clothing as well.
I think many stores will be forced to close because their overhead expenses are much higher than some guy or gal selling merchandise out of their basement using the Internet.
When Republicans keep saying that the future of economic growth is in small business, what do they mean? I think they mean that everyone will be selling stuff out of their basement over the Internet. But how practical or easy is that? How practical or easy is it to start any small business for that matter? How easy is it to raise capital to start a small business, especially now when the banks are tight about who they loan money to? I don't believe that the Republicans think about these things when they say that things like small business is the future of the economy. But what else are they going to say when they know that the Internet is slowly killing traditional brick-and-mortar businesses, and what else are they going to say when they want to eliminate as many government jobs as possible because their wealthy "1 percent buddies" are the only ones who can afford to pay taxes and they don't want to.
It used to be that you worked hard and saved money to start a business of your own, but how will that be possible when their are no more jobs left. And who will loan you money when you don't have a job.
Some people say that the new economy created by the innovations of the Internet and wireless technology are exciting, and that innovators like Steve Jobs, the late Apple founder, and Jeff Bezos, the CEO of Amazon will be revered as major driving forces behind great economic change and the emerging new economy, but I think ultimately they will be hated for making so many jobs disappear especially in the retail sector, a major employer of the post-industrial world.
Sunday, December 4, 2011
Curb government waste through transparency not tax cuts and caps.
On a federal, state, and local level Americans need to know how their tax dollars are being spent. But often government budgets are hidden or when they are made public they have line items like "necessary annual expenses" therefore you won't really know how your money is being spent. Also there is a lot finagling with tax dollars through common high finance practices that you have be a CPA or tax attorney to understand.The George Orwell novel, "1984" warned of the horrors of a totalitarian government where their leader "Big Brother" is always watching you. Well in a democracy in the digital age all citizens have the potential to be government's "Big Brother." Through the use of the Internet we have the potential ability to see how all of our money is being spent. I don't understand why there hasn't been a more vocal movement to do this. Instead you have politicians pushing tax caps which may control spending, but does nothing for potential corruption of tax dollar use. You also have right-wing yahoos like Grover Norquist getting politicians agreeing not to raise taxes through a pledge. Wouldn't it be great if someone could get congress members to sign a pledge to always act ethically, and keep all of their actions as transparent as possible. The recent insider trading scandal that the news program "60 Minutes" recently aired shows how politicians will take every opportunity to take advantage of their position and pay little regard to ethics. Therefore it would be an impossible task to get them to sign an ethics pledge.
There are federal laws on the books that encourage transparency of spending through the use of the Internet but there is little enforcement of this.
In conclusion, we have to stop looking at capping and restricting new taxes without first looking at how our money is being spent. We must control corruption before we look at controlling spending.
Friday, November 4, 2011
How do you stop the "Wall Street Occupation"? Turn it into a job fair!
I am glad the people occupying Wall Street have not given up in spite of the NYC's many efforts to remove them. I am upset at the police officers that have to intervene when the demonstrations get a little out of hand. I understand that they are just doing their job, what their superiors tell them to do, but I do not think they understand that they are on the same side as the Wall Street protesters. Soon their jobs will be in jeopardy as well, and maybe they will come to their senses and join the protest or start demonstrating themselves.
A lot of politicians have come to give a little lip service to this event, or events plural as they have sprung up in other cities as well, but still no one is taking any real action.
If the wealthy one percent really cared, what they should do is hold a jobs fair at Zuccotti Park and make sure all of the protesters have what everyone wants, a decent paying job and some dignity. But as you guessed, they don't care. These protests could swell to massive riots and they still wouldn't care. They know they have the politicians right in their pockets and that plutocracy with prevail.
Corporate America's profits are the only things swelling right now and yet they still have no interest in creating jobs in this country. Republicans, the purveyors of plutocracy, only propose more breaks for big business, small business and the wealthy. They have plenty of breaks, big business doesn't pay any taxes usually, and they still haven't created any jobs. You can give the top one percent all the breaks in the world, but it won't matter, they still won't do anything for the American economy in return. Republicans don't get it, there is no return on your money when you invest in the wealthy.
Again if they really cared, you would see a big job's fair in NYC, but they don't. That is why it is up to government to step in and create jobs for these people, but they won't either because the wealthy have the politicians in their pockets. The plutocratic powers-that-be will continue to shrink government leading to even more layoffs. Someone needs to take action, someone needs to come to our aide, to help out the Wall Street protesters, but no one ever will.
A lot of politicians have come to give a little lip service to this event, or events plural as they have sprung up in other cities as well, but still no one is taking any real action.
If the wealthy one percent really cared, what they should do is hold a jobs fair at Zuccotti Park and make sure all of the protesters have what everyone wants, a decent paying job and some dignity. But as you guessed, they don't care. These protests could swell to massive riots and they still wouldn't care. They know they have the politicians right in their pockets and that plutocracy with prevail.
Corporate America's profits are the only things swelling right now and yet they still have no interest in creating jobs in this country. Republicans, the purveyors of plutocracy, only propose more breaks for big business, small business and the wealthy. They have plenty of breaks, big business doesn't pay any taxes usually, and they still haven't created any jobs. You can give the top one percent all the breaks in the world, but it won't matter, they still won't do anything for the American economy in return. Republicans don't get it, there is no return on your money when you invest in the wealthy.
Again if they really cared, you would see a big job's fair in NYC, but they don't. That is why it is up to government to step in and create jobs for these people, but they won't either because the wealthy have the politicians in their pockets. The plutocratic powers-that-be will continue to shrink government leading to even more layoffs. Someone needs to take action, someone needs to come to our aide, to help out the Wall Street protesters, but no one ever will.
Sunday, October 23, 2011
Job stimulus bill fails while a job crushing bill passes.
Although it is impossible for me to post here on a regular basis, I am compelled to write about the failure of the job stimulus bill that was recently voted on and rejected by the Senate and the free trade act with South Korea that sailed right through congress.
With all of the media coverage about the failed job stimulus bill and the Wall Street occupation, the media somehow forgot to cover the free trade agreement with South Korea that was just approved by congress. No one was on TV debating this issue, how disgusting.
Let me tell you something about South Korea, with this free trade agreement the United States will be importing tons of stuff from Korea, but the Koreans will probably import next to nothing of American goods. The Korean government will tell its people to only buy Korean made goods and don't touch American made products. In his book, "Bad Samaritans: The Myth of Free Trade and The Secret History of Capitalism" Korean-born economist Ha-Joon Chang illustrates how South Korea pumped up its economy by forcing its people to buy only Korean made products and nothing else. They did before and they most certainly will do it again. They couldn't care less about the collapse of the United States economy. They will flood our markets with tons of cheaper Korean made goods and they will not want to buy any American products in return.
I will be surprised if the Koreans will buy even one American car. But you are going be kissing even more manufacturing jobs good-bye, if there are any left in the United States to say good-bye to. And then this is only the beginning. South Korea is the starter county for free trade with all of Asia which will pretty much spell the economic end of the middle class as we know it. You think unemployment is bad now, just wait...
And while all of this is going on President Obama couldn't get much needed jobs stimulus bill passed because it increases taxes on the wealthy. Shame on the two democrats that voted against this bill. I hope they loose their Senate seats, of course the monsters who replace them will not be any better.
I just saw another article from npr that said that the Senate doesn't want to pass this bill because over 50 percent of them are millionaires themselves, and I believe that close to 100 percent of them have nothing approaching a conscience.
Congresses actions are just throwing gasoline on the economic collapse fire. This is why we so desperately need clean elections. Elections that are state run, where candidates cannot take money from outside sources for their campaigns. Everything is paid for by the state and everyone is given an equal shot to be elected.
Regardless of what your social studies teacher told you, the United States is not a democracy, it is a plutocracy, and these recent congressional actions prove it.
With all of the media coverage about the failed job stimulus bill and the Wall Street occupation, the media somehow forgot to cover the free trade agreement with South Korea that was just approved by congress. No one was on TV debating this issue, how disgusting.
Let me tell you something about South Korea, with this free trade agreement the United States will be importing tons of stuff from Korea, but the Koreans will probably import next to nothing of American goods. The Korean government will tell its people to only buy Korean made goods and don't touch American made products. In his book, "Bad Samaritans: The Myth of Free Trade and The Secret History of Capitalism" Korean-born economist Ha-Joon Chang illustrates how South Korea pumped up its economy by forcing its people to buy only Korean made products and nothing else. They did before and they most certainly will do it again. They couldn't care less about the collapse of the United States economy. They will flood our markets with tons of cheaper Korean made goods and they will not want to buy any American products in return.
I will be surprised if the Koreans will buy even one American car. But you are going be kissing even more manufacturing jobs good-bye, if there are any left in the United States to say good-bye to. And then this is only the beginning. South Korea is the starter county for free trade with all of Asia which will pretty much spell the economic end of the middle class as we know it. You think unemployment is bad now, just wait...
And while all of this is going on President Obama couldn't get much needed jobs stimulus bill passed because it increases taxes on the wealthy. Shame on the two democrats that voted against this bill. I hope they loose their Senate seats, of course the monsters who replace them will not be any better.
I just saw another article from npr that said that the Senate doesn't want to pass this bill because over 50 percent of them are millionaires themselves, and I believe that close to 100 percent of them have nothing approaching a conscience.
Congresses actions are just throwing gasoline on the economic collapse fire. This is why we so desperately need clean elections. Elections that are state run, where candidates cannot take money from outside sources for their campaigns. Everything is paid for by the state and everyone is given an equal shot to be elected.
Regardless of what your social studies teacher told you, the United States is not a democracy, it is a plutocracy, and these recent congressional actions prove it.
Sunday, August 21, 2011
What would Apple do? Run a totally protectionist country that's what!
Earlier this month The Wall Street Journal ran an article about how Apple, the corporate computer giant, has more money that the US government and an opinion piece suggesting how Apple would run the United States government since they seem to be doing such a great job in running a profitable company.
First of all it upset me that there is a company, and probably lots of other US companies, that have more money at their disposal than the US government. Can't they pay for all of the wars in the Middle East and leave the US Government out of this?
The opinion piece upset me because the author cited all the things that he thought Apple would do to run a successful country, but he forgot some important aspects of the Apple business model.
Apple's brand is the cutting edge, because they operate in a country that made the cutting edge possible through a high standard of living. Living in the United States has had the same appeal as Apple products, because this is such a great place to live, everyone wants to immigrate here, just like everyone wants to buy Apple products because they can perform like no other products. They are always the first to market with innovative ideas, and the United States has traditionally been the first choice of many citizens of other countries looking to escape their less than desirable living conditions. Therefore, the United States has the cutting edge thing down pat, especially when it comes to quality of life.
The other thing that Apple does so well, which was completely overlooked by the WSJ author was that Apple's business model is totally protectionist. You have to buy all your apps, music, videos, and other content for Apple devices directly through their iTunes store. Apple hardware and software comes directly from Apple. There is no other competition. You buy from the iTunes store and nowhere else. There is no opportunity for free market competition. They set the price they want, they make the profits they want. That is what has made Apple so successful. That, the cutting edge thing, and nothing else.
If anyone dare suggest protectionism for the United States economy, they will be at the very least verbally drawn and quartered by politicians , the media and the wealthy lobbyists that control them. How can you isolate the United States in the new global economy? It would be such a step backward. It would be a step backward for wealthy people who want to bring labor costs down to nothing, and the American standard of living to unimaginable lows.
But this doesn't make any sense, don't you want to protect what you have? The wealthy want to protect what they earned by not paying any taxes. I wish this country could protect what it has through tariffs and limited trade, but Washington will not do this because it has its hands tied by big business and big money.
We must adopt the Apple model of protectionism if this country is to survive, and escape this bottomless pit of recession. Only this will save us.
Sunday, July 31, 2011
Congress and Budget Blithering
I can't believe I haven't posted here at all this year. Just like many of the people who would take the time to read this post, I am a working stiff. I have work off-the-books overtime just to keep my job, and I have to enroll in courses and study just to prepare for the time when I may no longer have a job, which may be soon. The economy isn't getting any better, and I need to brace myself for when I have to start collecting unemployment just like many of you are or will be.
I am only posting here now because I am so upset about the banter between President Obama and Speaker of the House John "Bonehead" Boehner over raising the debt ceiling and passing a budget. President Obama has been very weakly trying to get across the message that we need to tax the wealthy, while Boehner very loudly states he just wants budget cuts, cuts and more cuts.
Boehner's Congressional District suffers over 9% unemployment just like the rest of the country, how high does unemployment have to get before someone runs against this Bozo and takes his seat away from the Nazi Republicans out to destroy this country.
Federal budget cuts will just amount to more unemployment. The government needs to step in an create jobs, not take more jobs away. Already the US Post Office plans to cut thousands of jobs, and if Boehner gets his way more Federal jobs will just disappear, but no one is calling him a "job killer" the label that House Republicans put on the health care reform bill. Let's face it private industry is not going to pick up the slack for all of the government jobs we are going to loose with the substantial budget cuts that Republicans pose.
Actually, private industry will wind-up suffering as well, as budget cuts result in the end of government contracting, and laid-off federal employees will stop spending money in the retail and food markets which will beget more lay-offs. The unemployment that the budget cuts will create will cause such a great feedback loop of more unemployment that the economy will have no other recourse but to crash again, this time probably harder than before.
In their book "Aftershock: Protect Yourself and Profit from the Next Global Meltdown," authors, David and Robert Wiedemar and Cindy Spitzer predict that government jobs will be a safe haven from the next big ecnomic downturn which they predict will befall us within the next couple of years. (They were right about the real estate bubble in a previous book published before the crash, but who couldn't see that coming?) With all of the Federal spending cuts coming their will be no save haven in Federal jobs or any government jobs for that matter.
Let's face it, there is a huge budget deficit and the only way to close the gap is raise revenue and tax the crap out of the rich and add large tariffs to imported goods, something Congress and the President are very reluctant to do because the rich have them in their pockets.
You know the wealthy have Boehner in their pocket because he comes from a fairly rural district with 9% unemployment. A few of his siblings are even unemployed according to Wikipedia. With his background he should really be a Democrat, but you know the wealthy and the corporate interests are bank rolling him, so he will keep fighting to run this country into the ground.
If the Republicans have their way and all we have is cuts, cuts and more cuts to the budget in a time where the Federal government really needs to step in and spend money to create jobs, you are going to see an economic collapse greater than the one we saw in 2008.
I am only posting here now because I am so upset about the banter between President Obama and Speaker of the House John "Bonehead" Boehner over raising the debt ceiling and passing a budget. President Obama has been very weakly trying to get across the message that we need to tax the wealthy, while Boehner very loudly states he just wants budget cuts, cuts and more cuts.
Boehner's Congressional District suffers over 9% unemployment just like the rest of the country, how high does unemployment have to get before someone runs against this Bozo and takes his seat away from the Nazi Republicans out to destroy this country.
Federal budget cuts will just amount to more unemployment. The government needs to step in an create jobs, not take more jobs away. Already the US Post Office plans to cut thousands of jobs, and if Boehner gets his way more Federal jobs will just disappear, but no one is calling him a "job killer" the label that House Republicans put on the health care reform bill. Let's face it private industry is not going to pick up the slack for all of the government jobs we are going to loose with the substantial budget cuts that Republicans pose.
Actually, private industry will wind-up suffering as well, as budget cuts result in the end of government contracting, and laid-off federal employees will stop spending money in the retail and food markets which will beget more lay-offs. The unemployment that the budget cuts will create will cause such a great feedback loop of more unemployment that the economy will have no other recourse but to crash again, this time probably harder than before.
In their book "Aftershock: Protect Yourself and Profit from the Next Global Meltdown," authors, David and Robert Wiedemar and Cindy Spitzer predict that government jobs will be a safe haven from the next big ecnomic downturn which they predict will befall us within the next couple of years. (They were right about the real estate bubble in a previous book published before the crash, but who couldn't see that coming?) With all of the Federal spending cuts coming their will be no save haven in Federal jobs or any government jobs for that matter.
Let's face it, there is a huge budget deficit and the only way to close the gap is raise revenue and tax the crap out of the rich and add large tariffs to imported goods, something Congress and the President are very reluctant to do because the rich have them in their pockets.
You know the wealthy have Boehner in their pocket because he comes from a fairly rural district with 9% unemployment. A few of his siblings are even unemployed according to Wikipedia. With his background he should really be a Democrat, but you know the wealthy and the corporate interests are bank rolling him, so he will keep fighting to run this country into the ground.
If the Republicans have their way and all we have is cuts, cuts and more cuts to the budget in a time where the Federal government really needs to step in and spend money to create jobs, you are going to see an economic collapse greater than the one we saw in 2008.
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