Generational Dynamics World View News

[DaKardii]

Speaking of the Navy, ours has issued an ultimatum.

All active-duty sailors must either be vaccinated or issued a valid exemption by November 28 (this means they must receive the second shot by November 14). Reserve sailors have an extended deadline, until December 28 (this means they must receive the second shot by December 14). Those who fail to meet the deadline will be discharged.

The good part about this is that the discharges will not be punitive (despite Biden previously hinting that he would be in favor of dishonorably discharging unvaccinated military personnel), and that those who qualify for an honorable discharge will still receive one even if the discharge is due to a refusal to get vaccinated.

https://news.usni.org/2021/10/14/new-na ... -exemption

[John]

[DaKardii]

Now we are having a strike wave.

https://www.axios.com/new-wave-of-strik ... 86d94.html

[thinker]

I have a theory on the worker shortage, most people are saying that it is due to the enhanced unemployment and stimulus. Well I live in Florida and we haven't had any of this for a few months and we still have a worker shortage. Like everyone else I thought that once all the enhanced unemployment and stimulus ended that the worker shortage would end, but it didn't so I started thinking on this topic and I think I know why it hasn't finished and probably won't for years. It is a generational thing. I believe from what I have read that the baby boomers started retiring in large numbers around 2010. The baby boomers are the largest and wealthiest generation in modern history from what I have read. I think that the covid issue has accelerated the boomer's retirement wave. I think that once the country started locking down a lot of boomers got used to being at home and being close to retirement age and having the money to retire earlier than they had planed they simply decided to retire earlier than they had planed to and not go back to work. On top of that of the once that did go back to work I think that a percentage of them once they saw all of the new covid BS that they had to deal with at work also decided to retire earlier than they had planed to do. The illegals can't help with this problem because the jobs that the boomers left require a skill set that they do not have.

[thinker]

Even in the lower level jobs that the boomers are leaving you don't need tech skills for example but you do need a certain level of communication skills that the illegals do not have.
I haven't talked about the issue of the illegals but I think the black pilled on this forum are missing something. Studies have shown that when the US economy goes into recession the illegals go back to their home countries in large numbers. Once the economic chaos begins most of them will be leaving back to their countries and the once that stay will leave once the war starts. Another issue is the automation of jobs that usually are the once that the illegals usually work , and with the shortage of employees this is another trend that will also accelerate. With these trends and issues I would not be surprised if the illegal immigration problem fixes itself. Some of you might say yeah but how about government handouts that can help the illegals stay here forever. Well that is not going to last forever, I am seeing even people who are left wingers now saying that we cannot continue to spend money like we have been doing and that is something I never thought I would see. Some of you might say well the Biden administration is going to help them, not if they loose support amongst their base and I can tell you from what I am seeing at my job that his support even amongst his base is collapsing, this administration is the gift that keeps on giving.

[thinker]

As usual I am interested in what are the opinions and thoughts of the other forum members.

[Guest]

Create a handle and tell me why something 7% of GDP is THE issue that destroys the US if it loses it. I'll be waiting. Or better yet, tell Martin Armstrong who debunked this long ago, as well. I'm sure you know more than both he and I, though apparently you can't tell me why something so small could be the linchpin issue, so you haven't.

Call me crazy, but I believe the other 93% of whatever you want to label it is more important than some internet meme meant to scare people or make things simple to understand in their minds. As I've said, the petrodollar is just a SMALL proxy of overall US economic and military hegemony. Of course when it goes away, it goes away with all of their other powers that the US had, but that means nothing as far as it being any more important than economic history, technology, military power, diplomatic pressure, defense, etc.

Actually, there is an existential threat coming out of the Middle East. It's called the petrodollar agreement. That goes, and our economy instantly collapses like a house of cards.

That's why we're getting involved in the Middle East so much. It's all about protecting Saudi Arabia and advancing its geopolitical interests. If we don't do that, we risk an economic disaster worse than the Great Depression.

Saudi Arabia is probably the only country whose clout over our economy rivals that of China's. In fact, it may even surpass China's.

"Petrodollar" has been used to refer to different things, but the "petrodollar agreement" which DaKardii refers to here means only one thing. It was the agreement brokered by William Simon in 1974 where the Saudis agreed to recycle their dollars into US government bonds, and that kept the dollar system afloat.

The Untold Story Behind Saudi Arabia’s 41-Year U.S. Debt Secret

How a legendary bond trader from Salomon Brothers brokered a do-or-die deal that reshaped U.S.-Saudi relations for generations.

May 30, 2016, 6:00 PM CDT


Failure was not an option.

It was July 1974. A steady predawn drizzle had given way to overcast skies when William Simon, newly appointed U.S. Treasury secretary, and his deputy, Gerry Parsky, stepped onto an 8 a.m. flight from Andrews Air Force Base. On board, the mood was tense. That year, the oil crisis had hit home. An embargo by OPEC’s Arab nations—payback for U.S. military aid to the Israelis during the Yom Kippur War—quadrupled oil prices. Inflation soared, the stock market crashed, and the U.S. economy was in a tailspin.

Officially, Simon’s two-week trip was billed as a tour of economic diplomacy across Europe and the Middle East, full of the customary meet-and-greets and evening banquets. But the real mission, kept in strict confidence within President Richard Nixon’s inner circle, would take place during a four-day layover in the coastal city of Jeddah, Saudi Arabia.

The goal: neutralize crude oil as an economic weapon and find a way to persuade a hostile kingdom to finance America’s widening deficit with its newfound petrodollar wealth. And according to Parsky, Nixon made clear there was simply no coming back empty-handed. Failure would not only jeopardize America’s financial health but could also give the Soviet Union an opening to make further inroads into the Arab world.

It “wasn’t a question of whether it could be done or it couldn’t be done,” said Parsky, 73, one of the few officials with Simon during the Saudi talks.

At first blush, Simon, who had just done a stint as Nixon’s energy czar, seemed ill-suited for such delicate diplomacy. Before being tapped by Nixon, the chain-smoking New Jersey native ran the vaunted Treasuries desk at Salomon Brothers. To career bureaucrats, the brash Wall Street bond trader—who once compared himself to Genghis Khan—had a temper and an outsize ego that was painfully out of step in Washington. Just a week before setting foot in Saudi Arabia, Simon publicly lambasted the Shah of Iran, a close regional ally at the time, calling him a “nut.”

But Simon, better than anyone else, understood the appeal of U.S. government debt and how to sell the Saudis on the idea that America was the safest place to park their petrodollars. With that knowledge, the administration hatched an unprecedented do-or-die plan that would come to influence just about every aspect of U.S.-Saudi relations over the next four decades (Simon died in 2000 at the age of 72).

The basic framework was strikingly simple. The U.S. would buy oil from Saudi Arabia and provide the kingdom military aid and equipment. In return, the Saudis would plow billions of their petrodollar revenue back into Treasuries and finance America’s spending.

It took several discreet follow-up meetings to iron out all the details, Parsky said. But at the end of months of negotiations, there remained one small, yet crucial, catch: King Faisal bin Abdulaziz Al Saud demanded the country’s Treasury purchases stay “strictly secret,” according to a diplomatic cable obtained by Bloomberg from the National Archives database.

With a handful of Treasury and Federal Reserve officials, the secret was kept for more than four decades—until now. In response to a Freedom-of-Information-Act request submitted by Bloomberg News, the Treasury broke out Saudi Arabia’s holdings for the first time this month after “concluding that it was consistent with transparency and the law to disclose the data,” according to spokeswoman Whitney Smith. The $117 billion trove makes the kingdom one of America’s largest foreign creditors.

Yet in many ways, the information has raised more questions than it has answered. A former Treasury official, who specialized in central bank reserves and asked not to be identified, says the official figure vastly understates Saudi Arabia’s investments in U.S. government debt, which may be double or more.

https://www.bloomberg.com/news/features ... ebt-secret

[John]

** 17-Oct-2021 World View: The Mass Exodus of Women from work

> I have a theory on the worker shortage, most people are saying
> that it is due to the enhanced unemployment and stimulus. Well I
> live in Florida and we haven't had any of this for a few months
> and we still have a worker shortage. Like everyone else I thought
> that once all the enhanced unemployment and stimulus ended that
> the worker shortage would end, but it didn't so I started thinking
> on this topic and I think I know why it hasn't finished and
> probably won't for years. It is a generational thing. ...

> As usual I am interested in what are the opinions and thoughts of
> the other forum members.

I do have some additional thoughts on the lack of employment.
These are things that are polically incorrect, so you don't hear
them mentioned in the news.

There was a segment on CNBC a couple of days ago, analyzing
what they called "the mass exodus of women from work."
They displayed a graphic with the following information:

> "The Lost workers -- whee are the women workers?
> September jobs: -26K for women, +220K for men
> September labor force: -309K for women, +182K for men"

People had hoped that once schools reopened, women would go back to
work. But instead, the problem got worse in September when schools
reopened. The number of women with a job dropped by 26,000, and
309,000 women left the work force.

It was a long segment, discussing the reasons behind this situation,
but most of it was left-wing crap, because they didn't explain why
women are leaving the work force, except to say that day care was very
expsnvie, and the only "solution" they have is Biden's huge $5
trillion "social infrastructure nonsense" bill, which contains
provisions to improve day care. However, as Becky pointed out, the
proposals are loaded with rules and regulations that would put small
day care centers out of business, and only appear to large national
day care centers.

According to an analyst on Fox News, the day care regulations would
shut out faith-based day care centers, and would give the federal
government tight control over what was taught in those centers
(presumably CRT).

The CNBC segment interviewed one mother who was staying at home to
home-school her children. That mother did not say why she
was staying at home, but we can be pretty sure that she was asked
that question by the interviewer, but that part of the interview
was not shown. If she had said "lack of day care," then it
would have been shown, so it must have been something else.

All the mother did say is that she "had to be forgiving of herself"
for staying at home. This was a link to feminist claims over the
last 50 years that women had to work to serve as role models
for other women, and that any woman who stayed home "to take
of the kids" was a traitor to other women. So I don't know
if feminists have been harassing this mother for staying at home,
but apparently she found a way to forgive herself.

So why doesn't she send her kids to school so she can go back
to work? The answer is pretty obvious, but was not mentioned
once, or even hinted at, in the lengthy CNBC segment.

**** Teachers unions and Critical Race Theory (CRT)

The Covid lockdown last year was a revelation to many parents.
All-powerful teachers unions put one roadblock after another
to opening schools up. Even when everyone was vaccinated, even
when there was plenty of social distancing, even when entire schools
were modified, it was never enough for the teachers unions, and
it was obvious that they were just making excuses.

But something else happened. Mothers got to sit next to their
children on zoom classes and see what the children were actually
being taught. Many parents were shocked and appalled at how
CRT was used to encourage kids to hate each other and their country.
Many parents were totally disgusted by this, and rightly so.

The joke was that even math class was being considered racist.
It's obvious to me why they're saying that. As I've said many
times, politicians and journalists are too dumb to be able
to understand fourth grade math, and that's undoubtedly true
of many teachers as well. If you're too dumb to solve
a problem like "9.8 is 7% of what number?", then you're
too dumb to teach history or any other subject, because history
is filled with those kinds of conundrums.

During the last few months, the public anger against CRT has
been growing. The Democrats see CRT as a vital tool in the
"reeducation" of the Trump supporters, and so they're fighting
back.

So why do moms not want to send their kids back to school?

Reason #1: Schools are teaching CRT, which teaches children
to hate each other and to hate the country.

**** Attorney-General Garland

Terry McAuliffe, who is the Democrat running for governor in Virginia,
said at a debate that parents should not be permitted to tell schools
how to each.

Last week, the Attorney-General Garland sent out a letter to school
boards saying that the school board should report local opposition to
CRT, because any parent opposing CRT is likely to be a domestic
terrorist. I'll come back to this.

It now turns out that Garland's son-in-law is the founder of Panorama
Education, a multi-million dollar company providing critical race
theory materials to 23,000 schools in the nation, funded by taxpayers.
Republicans are demanding all documents related to this situation, and
we assume Garland will refuse.

Reason #2: If a mom objects to teaching CRT, she could be reported
to the FBI by the school board, with serious consequences.

**** Gender fluidity

Just as bad as CRT is gender fluidity, which is probably the stupident
policy I've seen in my lifetime, and I've seen a lot of stupid
policies. According to this policy, any child can claim to be of
either gender, and take part in activities based on that gender.
So we have stories (reported only on Fox News) about "trans-gender"
boys joining girls teams and beating all the girls, because trans-gender
boys may claim to be girls,

Gender fluidity became Biden administration policy, which meant
that school boys could visit the girls bathrooms. Many people
were absolutely appalled by this (and rightly so, because this is
unbelievably stupid), and some pointed out that a girl could be
raped in the girls bathroom.

Reason #3: Gender fluidity is completely insane and repulsive, and
particularly exposes girls to sexual assault by boy pretending to be
girls.

**** Democrats and rape

Support for rape and rapists is a big part of the Democrat party
culture. During the slave era, slave owners could freely rape their
girl slaves. The Democrats wanted to continue slavery and were
bitterly vengeful when the Republicans freed the slaves and won the
Civil War. The Democrats formed the Ku Klux Klan (KKK) so that they
could lynch young black boys and continue raping black girls, with
impunity. Democrats bitterly opposed the 1964 Civil Rights act.
Today, black women are raped far more often than white women. If
she's raped by a black man, she has to keep quiet, rather than get a
brother in trouble. If she's raped by a white man, it's sure to be a
Democrat, and she has to keep quiet, rather than have the community
lose its perks.

The most obvious example of the Democrat rape culture is Bill Clinton,
who was credibly charged of violent rape by a dozen women.

One was Juanita Broaddrick. Bill Clinton tricked her into his hotel
room by telling her it was for a business meeting. Then he bit her
lip hard enough to tear her lip and make it bleed, and promised not to
bite her lip any more if she complied with the rape. So Broaddrick
was forced to be raped and have sex with a painful, bleeding lip.
Then after she got dressed he decided he wanted to do it again --
raped her a second time with a painful, bleeding lip.

Bill Clinton is considered a god by the Democrats, and Hillary is
praised as some kind of feminist hero. This is so pathetic and
sickening it's hard believe it's happening.

Reason #4: Democrats support rape, when done by Democrats or in
support of Democrat policy

**** Rape in girls bathrooms in Loudon County, Va

• Cartoon: "Relax lady - I'm transgender" (WeaselZippers)

It has recently been revealed that in May of this year, a ninth-grade
girl was sexually assaulted in a girls bathroom by a "gender fluid"
boy wearing a skirt. Apparently she was terrorized and forced to
perform fellatio on the boy.

The girl's father, Scott Smith, reported this to Louden County
school board. They did nothing --- except to transfer the
boy to another school in Loudon County, where a little while
later he similarly assaulted another girl.

When the father, Scott Smith, attended a school board meeting
and was angry that the school board was doing nothing about
the violent attack on his daughter, the school board called in
security, threw the father to the ground, and dragged him off
to jail.

All of this only came out recently.

-- The Loudoun bathroom teen rape situation just keeps getting worse
https://hotair.com/jazz-shaw/2021/10/16 ... se-n422796
(Hotair, 16-Oct-2021)

So two summarize: When the rape occurred and the father complained,
the boy was transferred to another school where he raped again,
and the father was arrested.

Reason #5: Two girls were actually raped in Loudon County, and
the boy wasn't prosecuted, to protect "gender fluidity" ideology,
but the girl's father was

**** Gardland's letter declaring moms 'domestic terrorists'

It was apparently the Loudon county incident that triggered Garland's
letter. The school board covered up the two rapes, had the father,
Scott Smith, arrested, and then asked the DOJ to protect them from
racists and domestic terrorists who complain about CRT. Garland
complied.

**** Why are women not returning to work?

The purpose of this essay was to comment on the question of
why people are not returning to work, and I based my reply
on a CNBC segment that said that it was women in particular
who are not returning to work.

There are some obvious reasons why mothers have decided to
home-school the kids, and that's simply because the teachers
unions and Biden administration are turning the public
schools into sewers. In particular:

• Parents are appalled and disgusted by schools teaching
  children to hate each other and hate America.
• Parents are also appalled by the disgusting "gender
  fluidity" policies that expose girls to rape and abuse.
• Parents who complain are now threatened by being called racists
  and domestic terrorists.

What mother would want to send her children into that kind of sewer?

[Jack Edwards]

Thinker wrote:

As usual I am interested in what are the opinions and thoughts of the other forum members.

To be sure, an element of the worker shortage is people retiring early and to John's point, many women are prioritizing child rearing over being employed. But, the comment I hear over and over again from manufacturers in flyover country is: "Nobody wants to work", and then this is followed with stories of employees who quit to collect welfare checks. So, that too is an element of the worker shortage. Being in manufacturing, the work is physical, dirty, hot/cold. It's work. There is a segment of society which will default to laziness when they can get away with it. And we gave them all an excuse with Covid to not do hard work. I have no idea how they are getting on as some of these benefits are expiring, but sure seems like a lot of folks are choosing to voluntarily not work. Universally businesses are complaining they can't find good help.

The type of worker manufacturing is going after generally aren't you're aging boomers or younger mom's, so your or John's conclusions may very well be accurate - it's just not what I see in manufacturing.

Now... these OSHA covid testing mandates and federal contractor vax mandates the D's are pushing are going to further exacerbate this problem. Most manufacturers have pursued lean, just-in-time operating philosophies over the past decade and were not over staffed before Covid. They are barely making it now. Workers are enormously pissed at being told they need to vax and another not insignificant portion will leave the workforce. It's close to the point where things just won't work anymore if businesses lose more people, there just won't be enough and supply chains will be devastated.

It's going to get uglier I'm afraid.

Regards,
Jack

[Guest]

It's only a matter of time before home schooling is declared illegal or made so difficult to comply with the regulations that white children are forced back into the public school system and chewed up by CRT.