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« The Politics of Picasso | Main | Two reasons to be happy »

October 26, 2003

Reason #276,422 I'm a Bear

The economy cannot recover. We are a nation saddled with too much debt, unfunded future obligations including debt servicing, Social Security, and Medicare to the tune of $43 trillion. And that’s not taking into account the casualties in the looming multi-theater war designed to benefit a select group of criminals and traitors. On top of that, the corporate pension system is severely under funded, a looming Armageddon in the making. Many of the largest stocks are still drastically overvalued in terms of Price to Earning ratios.

Most Bears are surprised the markets haven’t crashed already, but Bush need to keep it up to prevent a coup from within. Besides, all of the foreign investors of US securities cannot afford a crash at once. The markets are manipulated in blatant ways to divert attention from the abject failure of Bush and his administration. And no one says a word. I think the silence among the Wall Street crowd is telling. Confront them with the truth about our economy and you get the “deer-in-the-headlights” stare at best, commie-pinko bastard slur at worst. Mo, I amend that to "worse". "Worst" is deejays on Clear Channel stations telling people to run over war protestors. Or a man is sentenced to three years in jail for makinga joke about a burning bush. We are an impotent nation scared to death so we lash at others to make ourselves feel better, much like the schoolyard bully shaking down little kids for their lunch money.

And that’s what it’s all about, isn’t it? Shaking down the taxpayers, keeping them in fear, promise not to hurt them in return for their indentured servitude. Maybe pump ‘em full of drugs like Prozac and Ritalin, convince people that the reason they are unhappy is chemical depression and not the result of watching their standard of living decline, their hours of employment up, and vacations just for the lucky few.

And the evil-does attacked us for our freedoms. Yeah, right.

CBS News

Imported Workers Filling U.S. Jobs

CORAL SPRINGS, Fla., Oct. 22, 2003

Some two million U.S. jobs have gone by the wayside over the last two years. And at the same time, the number of foreigners granted special visas to work in the U.S. has risen.

Employers defend the practice. But pink-slipped Americans who've lost jobs to lower-paid replacements are calling it visa abuse.

Last year, Phil Marraffinni earned a salary of $100,000 as a computer programmer.

Today he is a handyman because he says workers imported from India took his job.

"They started bringing them in because, obviously, they would work for less money," he says.

And when the Indian programmers arrived at the First Data Corporation in Coral Springs, Florida, Marraffinni had to teach them the system -- effectively training the people who later replaced him.

more...

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