Wed May 05, 2010 3:19 pm
Typical of the beltway bent of mind above.
On a local issue the amount of revenue is shrinking since there are less people paying since many have left the State seeking work but local services are holding
to there core function only to date only and repairs can be done when the coffers are balanced to fire services cost's and reflect priorority safety repairs in the township. The only thing noted was a few focused on themselves driving a point which entails not a benefit to others but themselves outside there elected responsibility outside
there Job title and summarily discharged given legal advise to protect the taxpayer as noted in public record. Reality looking forward is fix it looking forward in regard to there duties on the local front. Overall we are not moving forward as revenue for vital services maintain funding for public safety and work is not picking up.
Overall as the forums account the back wall the finanacial storm looms very large indeed. Last summer we assumed our Summer of discontent we forwarded, and this Summer I will wait in contemplation as events unfold to topical issues we trend in GD. Also I wish to thank the current posting as real news that all have been conveying given time
contraints and ideological contaminations we have to suffer from the networks.
What's happening now is just the beginning of the collapse of a multi-decade debt bubble. All the so-called "growth" since the 70's has been based on ever increasing amounts of debt - not just the US, but the entire world. Here is a US Debt (public and private) to GDP percentage graph:
This time, I think the whole world is f**ked. It's all one big s**thole.
Perhaps they know and are just getting as much as they can before it is all over.
Richard Russell wrote:In the year 1938 during the Great Depression my father had a great job in NYC. He was making $18,000 a year, which was BIG money in those days. Then the full brunt of the Depression hit, and my dad lost his job. When he lost his job he suffered what they called "a nervous breakdown." My parents wanted to spare me the sight of my father's pain, so they signed me up for a youth hostel trip to the West Coast, much of it by bicycle. And off I went with my beautiful British bike with its Sturmey Archer "high tech" gear shifts.
We went across Canada (Banff and Lake Louise) to Calgary, stopped in at the great Calgary Stampede (the world's biggest rodeo), and then down the West Coast to LA. On the trip I saw the ravages of the Great Depression. I saw "The grapes of wrath." I saw men lying by the side of the road, I saw orchards with fruit rotting, I saw broken-down cars with dusty-faced children and exhausted parents. I saw Okies, lots of them, They were Oklahoma people who had packed up and driven north to California in the hopes of finding any kind of jobs.
A subscriber sent me the pictures below. These picture bring back painful memories. These are the people who fought and survived the Great Depression and later fought World War 11. Now they call them "The Greatest Generation." Take a look. They didn't appear that great when I saw them in the 1930s
aedens wrote:THOMAS JEFFERSON 1791 " first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers conquered."
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