John wrote:Don't forget the medical services sector. Obamacare and the NHS are
causing many thousands of people to lose their jobs.
Scott v. U.S. Department of Health and Human Services, 3:15-cv-00193, U.S. District Court, Northern District of Florida (Pensacola).
Same thought map of the LITC issues we seen.
Well played indeed by the Swamp Herders.
http://thehill.com/homenews/senate/2504 ... et-process
Plucked uncle joe chickens still eating the same feed as seen before. Either way who knows these days execpt the fabian cults.
http://cdn.executive.mit.edu/6e/b0/bea9 ... ochure.pdf
http://gdxforum.com/forum/search.php?st ... only&ch=-1
context: sticky wages
No one should expect that any logical argument or any experience could ever shake the almost religious fervour of those who believe in salvation through spending and credit expansion. The final outcome of the credit expansion is general impoverishment. By short-circuiting the price mechanism and forcing people into economic lives contrary to their own choosing, central planning destroys the capital base and creates economic randomness that eventually ends in killing prosperity. human action mises 1949
Hayek on Keynes:
The decisive assumption on which Keynes’s original argument rested and which has since ruled policy is that it is impossible ever to reduce the money wages of a substantial group of workers without causing extensive unemployment. The conclusion which Lord Keynes drew from this, and which the whole of his theoretical system was intended to justify, was that since money wages can in practice not be lowered, the adjustment necessary, whenever wages have become too high to allow “full employment,” must be effected by the devious process of reducing the value of money. A society which accepts this is bound for a continuous process of inflation. Sudha Shenoy
thread noted: Recent local numbers last 60 days for us outside in the real world also in Michigan:
21.8 percent of children living in poverty 2011, a jump of 30 percent since 2005 in our area.
4 out of every 10 children live in poverty as it was conveyed now in 2014.
Low Income Taxpayer Clinics (LITCs) The "blueprint"
We covered Zeke.
http://gdxforum.com/forum/search.php?ke ... sf=msgonly
http://www.zerohedge.com/sites/default/ ... ernals.jpg