Why Couldn't Our Great Economists Have Foreseen This?
Posted on Mar 27th, 2009
by
WhiteWolf
bread-line
Okay, so I read today that IBM is laying off 4,000 people and off-shoring the jobs to India. This is nothing new and has been going on for quite a while now. Companies under pressure from stockholders to turn a profit and a big return on investments, have been moving jobs out of the country for years. I ask anyone to go to a store today and try to find an article of clothing Made in America. I had commented about an article that was written, I believe in Mother Jones about a reporter who tried to buy just American for a week and had great difficulty. Even in my own neck of the woods where the twin cities of New Bedford and Fall River were home to the textile industry saw all of that go away. Once humming factories have long since been converted to office space, apartments, outlet stores, or gone up in infernos fueled by floors soaked for decades by oil from sewing machines. In my lifetime, I saw the great Fall River Knitting Mills go the way of the dinosaur. They used to make great sweaters, but started to lose business from off-shore where they don't have child labor laws or worker's rights.
So rather than just getting product from overseas, they are now exporting whole jobs. It is more blatant, but guess what. There is nothing you can do about it. That's right nothing. What are you going to do to a company like IBM? Stop buying ThinkPads? Um, no, they sold that out to Lenovo. So what can we do? Nothing.
I hate to be a downer, businesses are in the business of creating profit and big returns for their investors. They outsourced a lot of manufacturing. What did they have left? Jobs. They have to turn a profit, that is what our culture demands. So they start cutting jobs to keep the returns via dividends coming. After all, when the economy takes a downturn, investors shouldn't take the hit. Cut executive salaries, are you nuts? Like Boston radio host Jay Severend said, and mind you, I don't agree with him or his ways, but happened to hear him talking about this, if you reduce executive salaries then the only people you will get to run the companies are some professors from Harvard. I think the point being made is that these guys know how to run a business but don't make the million dollar salaries. Well, maybe that is what we need. Because quite frankly these guys that are running the companies for million dollar salaries and bonuses to match, are driving companies in the ground. The unfortunate part is they are driving our economy into the ground also.
So, what I have to ask all these economic gurus that were saying how great things were as the DOW broke 13000, how long did you think this paradigm would work? At some point we had to reach that tipping point where we got rid of so many jobs that it started to affect retail sales. And of course, because companies are stuck in that old paradigm, just react in the same way they have been conditioned, they lay off workers. So even more people are put on the bread lines and guess what, retail sales go down, oh of course, execpt Walmart. So with sales down, profits down, what do companies do, the only thing left they can, lay off more workers.
Of course, at some point we had to hit the tipping point.
So this news about IBM putting 4,000 more workers on the skids and sending the jobs to India is just a continuation of the same old paradigm. Why can't we do anything? Well, besides these corporate execs not listening, IBM with the sale of its PC division to Lenovo got out of the consumer market. They sell services to corporations. Since sending jobs overseas allows them to sell those services for a lower price, corporations, their customers, are happy. Are you beginning to see how this paradigm is like a snake eating its own tail? At some point, you run out of tail.
So to hear people in shock about this economy, in shock about how retail sales are down, housing sales are down, car sales, in shock that we have to have yet another round of layoffs.
So what we need is a new paradigm. We need a way to get all these people back working. Unfortunately, until we do, we will just continue this spiral.
In the interim, maybe we should relearn the old ways. Start by planting mini-gardens. Be sure to use heirloom seeds so that you can keep your own seeds and be able to replant the next year. Learn how to can and preserve foods. Learn how to make your own bread. Our grandparents and great-grandparents survived the depression by coming together and helping each other. So until corporations get the bigger picture and stop being more concerned about investor returns and executive bonuses, than in what they are doing the economy, it is up to us to help each other.

Help




The world’s authorities, by making God in their image, have made a terrible mess of things. We, the unwilling, are getting our wake-up call. That is,
“We the unwilling
led by the unqualified
have been doing the unbelievable
for so long with so little,
we now attempt the impossible
with nothing” ANONYMOUS
We’ve learned that we can’t isolate ourselves from the rest of the world and prosper. Compared with the rest of the world, America’s workers command high wages and benefits. Consequently, fully half of what I buy is made in Communist China. China’s authoritarian government, while allowing free enterprise, directs that workers work long and hard, and for extremely low wages. While America’s authorities act as our caretakers, now borrowing astronomical sums of money to pass out in all manner of government entitlements, the Chinese people are happy with a pittance. It’s far better than they had before free enterprise in China. While America’s economy is in the tank, China’s economy is booming. China’s government has been buying American securities with the surplus cash created from China’s economy. Now, while the economy suffers, they are concerned with the amount of spending in America. They’ve ceased buying securities.
America’s unqualified, who know little about free markets, have three choices: (1) raise interest rates to encourage the world to loan America the vast amount of money the programs in place require; (2) print monopoly money and water down the currency now in circulation, the same as raising taxes;(3) let the free market forces work, which means depression.
Gaia’s hypothesis,
as defined in Webster’s College Dictionary: A model of the earth as a self-regulating organism, advanced as an alternative to a mechanistic model. In Genesis 1: 26: And God said, Let us make man in our image, and please note that God gave us dominion over Mother Earth and all life on the planet. I assume God was not confining man’s image to the stigmatized image the unqualified would make of us. I assume God was speaking to every single human being on the planet. I invite you to read my profile.Instead of addressing the cure for their stupidity, America’s unqualified powers that be leave we, the people, with the above three alternatives. In our today’s world, we’ve traveled beyond myth and superstition. Scientific understanding has opened the door to galactic consciousness. “It has only been with the advent of quantum theory that we have discovered proof that we exist as something more than pieces of matter. In the development of quantum theory, the observer emerges as a co-equal in the foundry of creation…The observer interacts with matter. Consciousness, the substance of this new-found reality that defines the observer, has fundamental existence. It is the quantum mind that is the basic reality.” quantum physicist Evan Harris Walker.
Leave it to the unqualified and we will end history written in the rocks. In the Age of Aquarius, there is a spiritual awakening. With nothing but our God-given reason and logic, God gave us this world to do with what we will. Look within.
Fortunately , we’re blessed now with one on one communication. Our thoughts here at Gaia Community are being read all over the world.. Genesis 1:1, 3: In the beginning God created the universe …God said, Let there be light, and there was light.