Friday, May 14, 2010

Ban Trade Unions Now

Philadelphia has lots of problems and the most recent problem that is killing the city is it's crushing debt. The mayor wants to increase property taxes by 10% to fund the city's $3.9B budget. But even that might not be enough to cover "unforeseen costs like snow removal and newly negotiated union contracts".

Excuse me mayor. Snow removal might be an "unforeseen cost" but newly negotiated union contracts? C'mon yerhonor. Did you actually "negotiate" a fixed contract or just open the vault for the union to plunder? How could you negotiate a contract and not know how much it will cost?

This is the problem facing america in this age of mafioso unions that use government and corporations to extort money from the common man. The unions don't care if they bankrupt companies, cities, states or the nation. They just want their social justice, which means screwing everybody else.

There was a time when trade unions were necessary entities that raised compensation, provided better working conditions and improved safety for workers. I have been a union member and have been neutral regarding unions for decades. However unions have evolved into mafias that shakedown common people with no regard for the effects of their actions.

In the past decade unions have become bolshevik organizations where the membership believes that they are elites that deserve to be compensated like lawyers and doctors. For example, your local letter carrier makes about $80,000 per year to deliver letters. This is absurd!

If compensation by extortion weren't bad enough, unions use coercion and slush funds to elect representatives to political positions that pay off the unions. Then these bastards loot every dollar in sight. Recently the SEIU has been using violence, just like the mob, to silence opposition.

I am no longer neutral on trade unions. They must be banned if the nation is to prosper again, or maybe just survive.

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Thank You Russia

I have trouble finding good news stories that make me believe that civilization still exists. The capture of the Russian tanker Moscow University by somali pirates last week is becoming a far too common event. But the Russian response was both quite uncommon and correct.

The International Maritime Bureau claims that 217 ships were attacked by somali pirates in 2009, with 47 hijackings. Most of these hijackings were resolved when shipping companies paid huge ransoms, which only encouraged more hijackings. Ransom money is just priced into shipping costs and we pay for the criminal behavior when we purchase goods.

The Russians took a more manly approach to the problem. They boarded the ship, subdued the pirates with force and then had to decide what to do with the pirates. Since the ship was by then in somali waters, the Russians were required by international law to turn the pirates over to somali authorities. But there are no somali authorities in this failed state, the pirates would have been home preparing for their next plundering within hours.

The Russians could have shot or hung the pirates on the spot (and maybe they did) but according to Russian military reports they took their weapons and nav gear then put them back in their boat before releasing them at sea 300 miles from shore. The Russian military said that the pirates never made it home. I assume they know whether the pirates made it to shore or maybe they just made a PC press statement.

It's things like this that make me admire the Russians. While the rest of the world dithers over how to deal with scumbags, the Russians just handle it and move on. The US would have been wringing their hands for months over this and still been scolded for their actions. No one makes a peep when Russia acts boldly and decisively.

Personally I hope the Russians shot the pirates and dumped them overboard. Eleven less pirates will be plying the waters of the Gulf of Aden. Russian ships will henceforth pass through somali waters unmolested. Life is good today.

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Thursday, May 13, 2010

May 13th Follies

Business executives say US economy sucks too. The Bank of England thinks the US and Greece have a lot in common (even as they miss their own failings). Those of you who thought that sooner or later you might get back to work ought to think again. Nobody is buying the bullshit this administration is selling.

Kagan is a anti-gun dyke. The only gun she wants anyone to have is the one she straps on for her "friends". This regime is an ongoing freak show. Obumba and Caligula are surely soulmates separated by a couple of millenia.

El Presidente of the failed state of Mexico said of Arizona's illegal immigration law "It contains elements that are frankly discriminatory, terribly backward". Calderon plans to protest to Obumba about it. Mexico deports border crossers on it's southern border while drug cartels rape, torture and murder with impunity and this chupacabra talks about backward? Kiss my anglo-celtic ass you burro humping oligarch. Fix your failed state and shut up.

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Friday, May 07, 2010

Collapse Is Inevitable Now

The plunge in US equities remains a mystery according to FT. Now THAT inspires confidence. The same geniuses that crashed the US economy in 2008 don't have one damn idea why the market plunged 1100 points yesterday, devouring a trillion dollars in equity. And they wonder why the mob wants to restrain their behavior.

In response to the chaos, the EU is going to have a meeting. That's reassuring. Meetings always give everyone a chance to share their feelings while appearing to do something about a problem while kicking the problem down the road. It was announced today that the EU and IMF will provide Greece with140 billion imaginary dollars and Greece will pretend to cut spending. The crisis will be delayed until it comes back later.

Back in america, the regime reported that April unemployment was 9.9% even as 290,000 imaginary jobs were added. We are supposed to believe that suddenly the persistently unemployed have suddenly decided to go look for work even though the regime has consistently denied that the true unemployment rate was near 20%. Nor is there any mention that most of these new jobs are low pay, no benefit contract jobs that cannot support a family.

Stocks lost 7% of their value this week as the Dow fell from 11,100 to 10,400. The market has lost all of it's gains for the year demonstrating a clear lack of confidence in the government and financial sector. The speed of the plunge Thursday shows that no one has any confidence in the system. There is no trust whatsoever. It appears that this time, the Plunge Protection Team (PPT) of the NY Fed, JP Morgan and friends stepped in to stop the crash before the stop loss system kicked in. Eventually the system will fail and the entire house of cards will collapse.
This fraud that calls itself the global economy cannot go on without any trust or faith in the system. The EU and the UK are failed states and the US is a failing state. Increasingly these governments are considered illegitimate because of their inability to rule which will eventually result in the people just turning their back and walking away. I already did.

Whether the problem is greed or incompetence, we are witnessing the collapse of Western civilization and there are no sane voices or leadership prepared to step into the gap and stop it. The US regime can't stop lying now or it will collapse sooner rather than later. But collapse is inevitable now.

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