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Timesizing Reg Associates - Hauptseite hofft / dooms du jour, Januar 2-31 2/01/2011 Kommentar-Kopie 2011 Phil Hyde, The Timesizing Wire, Box 117, Harvard Sq PO, Cambridge MA 02238 USA (617) 623-8080 - HOMEPAGE Heute , Sun-tue, JAN.30-31-Feb.1 / 2011 während die Große Depression replays als die große Rezession, und damit Sie denken, das ist eine echte Erholung, geben wir Ihnen zuerst eine Dosis von - doom du jour tm todays Schlagzeilen Von der Hölle tm (Archive) - die schlechte Nachricht hier im Zusammenhang mit einer nachhaltigen Lösung (siehe Hoffnung du jour unten) - - Redakteure Kommentare in eckigen Klammern ndash-Editor: Phil Hyde ecdesignryahoo. ca - Wachstumsdrosseln DOWNSIZING in den Nachrichten ( Archive) - alle umkehrbar durch Zeitverschiebung - ca. 7 Arbeitskräfte schneiden (1200 seiner 18.000 US-Arbeitsplätze 6.66) als London UK-basierte National Grid schneidet US-Arbeitsplätze seine eigenen Kunden in den USA zu sparen 200m auf Kosten der langfristigen Märkte (Bos. Globe B5), anstatt nur trimmen 6.66 Von seiner US-Arbeitswoche (32 Minuten pro Tag für alle, einschließlich der Top-Führungskräfte), wieder zu investieren Überstunden Einsparungen in Überstunden gezielte Ausbildung einstellen. Halten Sie alle zusammen arbeiten, verdienen Kauf 93.33 so viel Strom Erdgas wie zuvor HOMELESSNESS in Nordamerika (Archive) - sooo unnötig mit Vollbeschäftigung über Zeitangabe - Ein Mitarbeiter in einem Obdachlosenheim in Lowell MA wurde zum Tode, angeblich von einem Teenager ansässig gestochen , Sagte die Polizei. 1/30 Boston Sunday Globe, A1 Zeiger auf B4. Spirale ECONOMIC DECLINE über Trichter (Archive) - gelöst durch Krieg. Oder intelligenter, Zeitmessung - Die Farbe des Geldes - Taxing Times - All-zu-gemeinsame wirtschaftliche Härten können geändert haben dh: gesenkt Ihre Steuererklärung Status. 1/30 Boston Sunday Globe, G1 Zeiger auf G5. Der Aufruhr in Ägypten schwingt durch die Weltwirtschaft, erschüttert die Aktienmärkte und steigert den Ölpreis. 1/31 WSJ, A1 Zeiger auf A9, C2. Wie bequem für die Öl-CEOs. Die WTO-Welthandelsorganisation Entschieden offiziell, dass US-amerikanische und lokale Regierungen Milliarden in illegale Subventionen an Boeing gaben. 2/01 WSJ, A1 Zeiger auf B3. Die US-Elite hält es für gerechtfertigt, die Steuerzahler dazu zu zwingen, den Todesfall zu stärken, der militärische Auftragnehmer Boeing, aber nicht jeder, der das Amtrak unterstützt AMTRAK Thats SOCIALISM. Hoffe du jour tm ndash TIMESIZING statt der Downsizing in den Nachrichten (Archive) - Google-Suche newsclips, was die Welten tun das ist auf dem richtigen Weg - Heres unsere neuesten Ranking der führenden Länder - die Kern-Lösung ist so offensichtlich, nobodys bemerkt es - in der Regel Seine nur ein Element auf einer Liste - wenige noch realisieren ihre Tinte Papier der Liste selbst - unsere unsere nächste Kandidat zu einer einzigen genügend Kontrolle und trotz Entlassung durch die Experten, seine neu erfunden Tausende von mal pro Tag in jedem Abschwung von Unternehmen Regierungen, zum Beispiel, Washington Staaten Video auf den Austausch von Downsizing mit zeitgesteuerten Alias ​​gemeinsame Arbeit - die deutsche Arbeitslosigkeit sinkt auf 18-Jahres-Tief, 2/01 FinanceMarkets. co. uk LONDON, UK - .. Deutschlands Arbeitsmarkt hat viel besser als in durchgeführt Viele andere Länder und viele glauben, dass es das Ergebnis der von der deutschen Regierung eingeführten Kurzarbeit ist, die Massenentlassungen verhindern soll. - siehe ganzen Artikel unter heutigem Datum. Warum arbeiten wir nach 65 1/31 CANOE über money. canoe. ca MONTREAL, Quebec - Ungefähr 40 von denen, die sich entscheiden, nach dem Alter von 65 zu arbeiten, sagen, dass sie dies tun, weil sie havent genug gespeichert haben, ein neuer Statistics Canada Report Auf den Ruhestand gefunden hat. StatsCan auch festgestellt, dass die überwiegende Mehrheit der teilweise zurückgezogen Kanadier Teilzeit arbeiten, weil sie wollen und nicht, weil sie zu haben. Zwei Drittel der Menschen in dieser Gruppe arbeiten Teilzeit oder weniger als 30 Stunden pro Woche. - siehe ganzen Artikel unter heutigem Datum. Ich war schockiert, es tut mir leid für Familien - das ist jenseits von ihnen - Von Buchhalter zu Krankenschwestern, jeder ist verletzt, wie die wahren Kosten der USC wird klar, 1/30 Irish Independent über Independent. ie DUBLIN, Irland - Die universelle soziale Gebühr USC bedeutet, ich bin net aus der Tasche 30 pro Woche. Sowohl ich als auch mein Mann Jim (als Koch 30 Stunden pro Woche) sind von Fianna Fail Hintergründe, aber nie wieder. Mit Lohnkürzungen und Stundenverkleinerungen in den letzten zwei Jahren mussten Weve Gurte festziehen. Im Dezember habe ich die Telecom-Festnetzlinie beseitigt und die Krankenversicherung gesenkt. - siehe ganzen Artikel unter heutigem Datum. Gotta Herrschaft in ihnen Loose-Kanone Bankiers oder youre stecken mit ihren Glücksspiel-Schulden über eine Art von USC. Kürzere Stunden passieren sowieso, aber nicht der beste Weg. Das Argument, dass die Arbeit unendlich ist, weil menschliche Wünsche unendlich sind, ignoriert die Abwesenheit von unendlichem Geld, um diese Wünsche zu erfüllen oder für diese Arbeit zu zahlen und ignoriert die zunehmende Verknappung von guten 40-Stunden-Arbeitsplätzen, um Löhne und Ausgaben im Zeitalter der Robotik zu erhalten. So ist kürzere Stunden eine Strategie, die Hunderte von mal am Tag in den USA in dieser Rezession und tausendmal am Tag in der ganzen Welt in beiden öffentlichen privaten Sektoren, in jeder Branche und in einer Vielzahl von Möglichkeiten neu erfunden wird. Viele Länder und US-Staaten haben bereits Worksharing-Programme, um den Übergang zu dauerhaft kürzeren Arbeitswochen abzufedern, die sich automatisch an unsere steigenden Produktionsniveaus im Zeitalter der Robotik anpassen. Diese Programme sind derzeit nur temporär. Heres, was ihre ständige Programm aussehen wird, wenn sie schließlich erliegen die unvermeidliche. lose strategische GOOD NEWS (Archive) - Wie die Reichen zu besteuern. Von Scott Dilbert Adams, 1/29 WSJ, C1. Geben Sie Anreize wie - Big Cartoon. - Perks und Privilegien .. - Nutzung der Fahrgemeinschaftsspur in der Hauptverkehrszeit Subcartoon 1 - Anreize - Hund, der für Knochen auf einer Seite springt und reicher Kerl, der für Geldbeutel auf anderer Seite springt Ah, Scott, ist das Problem genau, das es bereits Weise gibt Zu viel der Geldmenge koagulierte in den oberen winzigen Klammern. Die Reichen zahlen mehr Steuern. Hel-lo-o. Ihr großer Karikaturvorschlag war mehr wie es. Subcartoon 2 - Dankbarkeit - reiche Kerlöffnung Mail Youre ehrfürchtige Kate schlägt volle Genuflection vor. Subcartoon 3 - Freizeit - reicher Mann schläft auf Couch mit Hund und Brombeere auf Knie Dies ist, was Arbeitswoche Anpassung besser jeder geben oder die Konzentration der natürlichen marktorientierten Beschäftigung auf weniger und weniger Beschäftigte wird immer weniger Menschen zu verlassen, um alle zu kaufen Stuff die roboter sind churning out. . Wenn die Reichen mit einer anderen Rate besteuert werden können, warum nicht andere Unterschiede in, wie sie besteuert werden. Die Reichen sollten nicht mit einer anderen Rate besteuert werden, aber diese einzelne Rate muss logorithmisch oder exponentiell, nicht einfach oder arithmetisch sein. Steve Forbes bekommt eine Menge Unterstützung für eine Flat Tax, denn die Reichen wollen ihren Kuchen und essen ihn auch - sie wollen, wie Scott Fitzgerald sagt, anders sein, aber sie wollen auch gleich sein - kurz, sie wollen die Privilegien Ohne die Verantwortung - aber auch wenn ihre Steuersatz auf dem ersten Schritt ist die gleiche, die Tatsache, dass theres eine Reihe von scharfen Grenzen nach dem, wo die Rate springt macht sie Opfer und bestrafen für Erfolg etc. - also was ist die Antwort offensichtlich a Einzigen LOGORITHMIC Steuersatz, dass die gleiche Formel den ganzen Weg nach oben, aber kontinuierlich steiler mit NO scharfen Grenzen oder steuerlichen Klammern eine logorithmische Formel, die die Frage, warum es eskalieren, wie es geht nach oben Und ruft die offensichtliche Antwort, Denn wenn mehr als ein Ein bestimmter Prozentsatz von M1, die Geldmenge, in den winzigsten obersten Klammern zu Zwecken der bloßen Pickenordnung koaguliert wird, kommen wir alle in eine sich vertiefende Rezessionsdepression. Heute, Freitag, 19.-29. Juni 2011, während die Große Depression als die große Rezession wiederholt, und damit Sie denken, das ist eine wirkliche Erholung, geben wir Ihnen zuerst eine Dosis von - Doom du Jour tm heute Schlagzeilen aus der Hölle tm (Archive) - die schlechte Nachricht hier im Zusammenhang mit einer nachhaltigen Lösung (siehe Hoffnung du jour unten) - - Redakteure Kommentare in eckigen Klammern ndash Editor: Phil Hyde ecdesignryahoo. ca - Plünderung und Entlassung auslösende MERGERS in den Nachrichten ( Archive) - Mergersacquisitions (MAs) bieten eine letzte Ressource für inkompetente CEOs eine Autobahn zu Monopol - Managements Wirtschaft schrumpfen Fusion Fähigkeiten brauchen Ersatz durch die Wirtschaft wachsende Workspreading-Fähigkeiten - Kaufen statt bauen Marktanteil - Siehe Überschneidung entlassen mehr Ihrer Kunden Kunden Ein selbstmörderischer Witz - Real CEOs tun nicht MAs - Alpha Natural Resources ist in der Nähe eines Pakts, Massey Energy für etwa 7 Milliarden zu kaufen, in einem Geschäft, das meistens aus Aktien mit etwas Bargeld besteht. 1/29 Wall St Journal, A1 Zeiger auf B1. Spirale ECONOMIC DECLINE über Trichter (Archive) - gelöst durch Krieg. Oder schlauer, Zeitmessung - Geheimnis zu BankUniteds Comeback: Ein reicher Onkel namens Sam. 1/28 WSJ, A1. . Floridas größte Bank. Sozialismus. Besteuerung ohne Vertretung zu stützen nicht und korrupte Banken und Banker. Ergebnis: tiefere Verarmung der Verbraucher-Basis und Mitarbeiter Keller - und Erholung ein noch härter verkaufen. Japan wurde von einer überraschenden Herabstufung seiner Anleihen von SP, schickte die Yen taumelnd getroffen. 1/28 WSJ, A1 Zeiger auf A8, C8. Die Rating-Agentur schlug die politischen Führer für keine kohärente Strategie, um die Nationen steuerliche Probleme anzugehen. Wer also SP Nr., Cuz waren nicht hören nichts von ihnen über den Wiederaufbau der Verbraucherbasis über die Beschäftigung Keller mit Worksharing und Zeitmessung - noch. Was sind sie noch Umbau Die Megamoney Black-Loch / Sink-Loch in den winzigen oberste Klammern - Goldman boosted die Basis Bezahlung von Führungskräften und Partnern verdreifachen CEO Blankfeins Gehalt auf 2 Millionen. 1/29 WSJ, A1 Zeiger auf B2. Dies trotz Murren - Der intelligente Investor - Eine Chance, Veto ein CEOs Bonus. Von Jason Zweig, 1/29 WSJ, B1. Hedge Fondsmanager John Paulson persönlich saldiert über 5 Milliarden in Profitsin 2010, wahrscheinlich die größte Ein-Jahres-Schleife in der Investition Geschichte unsere Zitate, 1/28 WSJ, A1: 1 Zeiger auf A1: 6. Nichts korrigiert. Nichts gelernt. Der Wahnsinn vertieft sich. Im Jahr 1929 war es alles Margen und Blut Eimer. Jetzt alle seine Hedge-Fonds und Swaps und Single Stock Futures. Trostreichere Worte aber. Dasselbe, was weiter und weiter über Klippen hinausgeht. Ein Gremium untersucht die Finanzkrise Finanzkrise Anfrage Kommission gab seinen Bericht, Malerei ein Bild von einem System losgelöst durch lax Regulierung und Pflege aus der Kontrolle. 1/28 WSJ, A1 Zeiger auf A4. Der Zielartikel A4, von Mollenkamp, ​​Licchetti Ng, beginnt. Zwölf der 13 größten US-Finanzinstitute waren in der Tiefe der Finanzkrise 2008 mit einem Ausfallrisiko konfrontiert, während mindestens 50 Hedge-Fonds davon profitieren wollten. Und scheinbar gelungen, wenn Paulson schob 5B im letzten Jahr. Trotzdem sind die Menschen verzweifelt nach nachhaltigen Investitionen - Christies neuesten Verkaufszahlen zeigen, dass Sammler mehr auf Kunst im vergangenen Jahr ausgegeben, als sie vor der Rezession auf dem Kunstmarkt getan haben. 1/28 WSJ, A1 Zeiger auf B1. Aber dies ist nicht die Konsumausgaben, die schnell und dicht zirkuliert und baut eine echte wirtschaftliche Erholung. Hüten Sie sich vor dem Schluckauf der Konsumausgaben. Von Kelly Evans, 1/28 WSJ, C1. Diese arent Schluckauf. Sie sind upticks in einer beschleunigenden Abwärtsspirale. U. S. Verbraucher sind ein unbeständiger Haufen. Anfang des letzten Jahrzehnts klagte Wall Street über schrullige Verbraucher und warum sind sie halten Wall Streeters einfach nicht fathom, dass nach Jahrzehnten der Downsizing und jetzt Millionen von Zwangsversteigerungen, haben die US-Verbraucher nicht mehr das Geld. Das US-amerikanische Verbraucherwunder ist vorbei. Wall Street hielt es mit einer Wohnblase gefördert von Lügner Darlehen POP - aber jetzt. Auch die nachfolgende Rettungspaket knallt. Banken als Laborratten im U. K.-Experiment. Von Simon Nixon, 1 // 28 WSJ, C10. Nun, der Ratten Teil ist wahrscheinlich richtig. Was ist die optimale Höhe des Kapitals, die eine Bank halten sollte Die neue Basel-III-Vereinbarung setzt ein Minimum von 7 Kern Kernkapital. Vergleichen Sie unsere wichtigste Frage: Was ist die minimale Höhe der Kaufkraft (Prozentsatz der M1, die Geldmenge), die Volkswirtschaften von der Konzentration (und Zirkulation) in den obersten Einkommen - und Vermögensklammern halten sollten und wie wir es auf Marktbasis umkehren Hinweis: sofort WS und langfristige TS. . Kern-Kernkapital, dessen Definition verschärft wurde, um vorwiegend aus dem gemeinsamen Eigenkapital zu bestehen. Sie nennen, dass Verschärfung Aber wenn Bank of England Geldpolitik-Ausschussmitglied David Miles ist zu glauben, er ist, sollten die Regulierungsbehörden zwingen Banken zu halten so viel wie 20 Kern Tier I Kapital auf mathematische Modelle basieren. Didnt sie verwendet, um eine 20-Anzahlung auf Hypotheken Whats Sauce für die Gans ist Sauce für den Gander erforderlich. U. S.-Europa-Ölfuge erweitert. Von Strumpf Amanat, 1/28 WSJ, C10. New York, N. Y. - Der Abstand zwischen den weltweit am weitesten verbreiteten Ölkontrakten verbreitete sich zu einem Rekord-Golf Donnerstag, da hohe Vorräte auf dem US-Vertrag lasten, während die europäische Benchmark über 97 pro Barrel lag. Der Unterschied von 11,75 pro Barrel ist der größte jemals für die Benchmarks, - die typischerweise innerhalb von 2 voneinander handeln. So können die Europäer noch Gas für ihre Autos leisten, aber weniger Amerikaner können ein anderes Palimpsest des Schreibens an der Wand für Steuer-sloughing, Roboter-vs-workweek-ignorierende amerikanische Super-reiche und ihre Wirtschafts-Depts. B-Schulen und CEO Kumpel Spains Arbeitslosenrate auf einer versteinerten 40-Stunden-Arbeitswoche erschossen über 20 wie Chinas ist kontinuierlich im vierten Quartal, die Zweifel an seiner wirtschaftlichen Erholung. 1/29 WSJ, A1 Zeiger auf A14. Nyaa nyaa Europa - unsere eigenen lieben USofA ist viel besser (entsprechend unserer gefälschten Indikatoren.) Die US-amerikanische Wirtschaftsleistung erreichte im vierten Quartal des vierten Quartals im vierten Quartal des dritten Quartals das Niveau der Konsumausgaben und Exporte - das BIP stieg um 3,2 Jahre. 1/29 WSJ, A1: 1 Zeiger auf A1: 4. Vermeiden Sie Ausgabenauftrieb von Thanksgiving, von Xmas-Channukah und von neuen Jahren, von schrumpfenden Exportmärkten und von allen Verbindlichkeiten, die das BIP als Vermögenswerte zählt. Und es gibt Orte, an denen nicht einmal Urlaub oder Exporte oder gepolsterte Indikatoren geholfen - Fords Gewinn im vierten Quartal 79 fiel 79 als Produktion und Schulden-bezogenen Kosten eines seiner profitabelsten Jahre jemals gekräuselt. 1/29 WSJ, A1 Zeiger auf B3. Das Ford-Reuther-Paradox: Ford, Lets sehen, dass Sie diese Roboter zu organisieren Reuther, Lets sehen Sie sellem Autos. Dow lehnt 166 auf Ägypten Unruhen 1.4 bis 11823.70. 1/29 WSJ, B1. Warum ist unsere Regierung immer noch Unterstützung Mubarak, oder, warum arent Investoren nur Umstellung auf militärische Bestände hoffen, du jour tm ndash TIMESIZING statt Downsizing in den Nachrichten (Archive) - Google Search newsclips, was die Welten tun, das ist auf dem richtigen Weg - Heres Unsere neueste Ranking der führenden Länder - die Kern-Lösung ist so offensichtlich, nobodys bemerkt es - in der Regel seine nur ein Element auf einer Liste - nur wenige noch erkennen, seine Tusche Papier der Liste selbst - seine unsere nächste Kandidat zu einer einzigen ausreichender Kontrolle Und trotz Entlassung durch die Experten, seine neu erfunden Tausende von mal pro Tag in jedem Abschwung von Unternehmen Regierungen, zum Beispiel, Washington Staaten Video auf den Austausch von Downsizing mit zeitgesteuerten Alias ​​gemeinsame Arbeit - Teilen Sie die Schmerzen, Herr Premier, 1/29 Telegraph - Journal über telegraphjournal. canadaeast FREDERICKTON, NB Deutschland. Innovative Policen wie Ferien oder Kurzarbeit (reduzierte Arbeitswochen) könnten bei der Aufrechterhaltung eines qualifizierten öffentlichen Dienstes wirksamer sein und die Kosten kurzfristig senken. Sie vermittelt das Vertrauen des öffentlichen Dienstes, indem ihr Einkommen, wenn auch reduziert, aufrechterhalten wird, während sie auf bessere Zeiten warten. Kurzarbeit bezieht sich auf ein kurzfristiges, rezessionsbezogenes Programm, das von mehreren europäischen Ländern übernommen wird. Im Rahmen des Programms verpflichten sich Unternehmen zu vermeiden, Entlassungen, sondern reduzieren die Arbeitszeit aller oder die meisten ihrer Mitarbeiter. Kurzarbeit hat Lob von konservativen und liberalen Ökonomen gewonnen. In der Tat sind verschiedene Kurzarbeit-Rechnungen im US-Senat und Haus vorgeschlagen worden. - siehe ganzen Artikel unter heutigem Datum. Deutsch: www. berlinerfestspiele. de/de/aktuel...te_10308.php. Englisch: www. berlinerfestspiele. de/en/aktuel...te_10830.php Arbeitslose Deutsche unter 2 Millionen Unrealistisch, Weise erzählt WiWo, 1/29 WirtschaftsWoche via Bloomberg FRANKFURT, Deutschland. Angesichts der konjunkturellen Erholung dürfte die Regierung Ende März 2012 eine krisenbedingte Verlängerung des Kurzarbeitergeldes ermöglichen. - siehe ganzen Artikel unter heutigem Datum. Erfolg-Geheimnisse des 4-Stunden Guru Tim Ferriss, 1/28 Forbes (Blog) über blogs. forbes DAVOS, die Schweiz -. Tim Ferriss ist der idiosynkratische Autor der Bestseller-Bücher The 4-Hour Workweek und The 4-Hour Body. Ferriss sprach ungefähr für eine Stunde über die Methoden, die er eingesetzt hat, um seine Bücher und andere Projekte zu fördern. - siehe ganzen Artikel unter heutigem Datum. Kürzere Stunden passieren sowieso, aber nicht der beste Weg. Das Argument, dass die Arbeit unendlich ist, weil menschliche Wünsche unendlich sind, ignoriert die Abwesenheit von unendlichem Geld, um diese Wünsche zu erfüllen oder für diese Arbeit zu zahlen UND ignoriert die zunehmende Verknappung von guten 40-Stunden-Arbeitsplätzen, um Löhne und Ausgaben im Zeitalter der Robotik zu erhalten. So ist kürzere Stunden eine Strategie, die Hunderte von mal am Tag in den USA in dieser Rezession und tausendmal am Tag in der ganzen Welt in beiden öffentlichen privaten Sektoren, in jeder Branche und in einer Vielzahl von Möglichkeiten neu erfunden wird. Viele Länder und US-Staaten haben bereits Worksharing-Programme, um den Übergang zu dauerhaft kürzeren Arbeitswochen abzufedern, die sich automatisch an unsere steigenden Produktionsniveaus im Zeitalter der Robotik anpassen. Diese Programme sind derzeit nur temporär. Heres, was ihre ständige Programm aussehen wird, wenn sie schließlich unterliegen dem unvermeidlichen. los strategischen GOOD NEWS über Wunder CEOs (Archive) - Wie die Reichen zu besteuern. Von Scott Dilbert Adams, 1/29 WSJ, C1. Geben Sie Anreize wie - Big Cartoon. - Perks und Privilegien .. - Nutzung der Fahrgemeinschaftsspur in der Hauptverkehrszeit Subcartoon 1 - Anreize - Hund, der für Knochen auf einer Seite springt und reicher Kerl, der für Geldbeutel auf anderer Seite springt Ah, Scott, ist das Problem genau, das es bereits Weise gibt Zu viel der Geldmenge koagulierte in den oberen winzigen Klammern. Die Reichen zahlen mehr Steuern. Hel-lo-o. Ihre große Karikaturvorschlag war mehr wie es. Subcartoon 2 - Dankbarkeit - reiche Kerlöffnung Mail Youre ehrfürchtige Kate schlägt volle Genuflection vor. Subcartoon 3 - Freizeit - reicher Mann schläft auf Couch mit Hund und Brombeere auf Knie Dies ist, was Arbeitswoche Anpassung besser jeder geben oder die Konzentration der natürlichen marktorientierten Beschäftigung auf weniger und weniger Beschäftigte wird immer weniger Menschen zu verlassen, um alle zu kaufen Stuff die roboter sind churning out. . Wenn die Reichen mit einer anderen Rate besteuert werden können, warum nicht andere Unterschiede in, wie sie besteuert werden. Die Reichen sollten nicht mit einer anderen Rate besteuert werden, aber diese einzelne Rate muss logorithmisch oder exponentiell, nicht einfach oder arithmetisch sein. Steve Forbes bekommt eine Menge Unterstützung für eine Flat Tax, denn die Reichen wollen ihren Kuchen und essen ihn auch - sie wollen, wie Scott Fitzgerald sagt, anders sein, aber sie wollen auch gleich sein - kurz, sie wollen die Privilegien Ohne die Verantwortlichkeiten - aber auch wenn ihre Steuersatz auf dem ersten Schritt ist die gleiche, die Tatsache, dass theres eine Reihe von scharfen Grenzen, nachdem die Rate Sprünge macht sie Opfer und bestrafen für den Erfolg etc. - also was ist die Antwort offensichtlich a Einzigen LOGORITHMIC Steuersatz, dass die gleiche Formel den ganzen Weg nach oben, aber kontinuierlich steiler mit keine scharfen Grenzen oder steuerliche Klammern eine logorithmische Formel, die die Frage, warum es eskalieren, wie es geht nach oben Und ruft die offensichtliche Antwort, Denn wenn mehr als ein Ein bestimmter Prozentsatz von M1, die Geldmenge, in den winzigsten obersten Klammern zu Zwecken der bloßen Pickenordnung koaguliert wird, kommen wir alle in eine sich vertiefende Rezessionsdepression. Heute, wed-thu, JAN.26-27 / 2011 während die Große Depression replays als die große Rezession, und damit Sie denken, dies ist eine echte Erholung, geben wir Ihnen zuerst eine Dosis von - Doom du Jour tm heutigen Schlagzeilen aus der Hölle tm (Archive) - die schlechte Nachricht hier im Zusammenhang mit einer nachhaltigen Lösung (siehe Hoffnung du jour unten) - - Redakteure Kommentare in eckigen Klammern ndash Editor: Phil Hyde ecdesignryahoo. ca - verschwinden RETIREMENT in den Nachrichten (Archiv) - kein Problem Mit Kurzzeit-Vollbeschäftigung über Zeitmessung - Moodys Kredit-Ratings von Staaten zu Faktor in Rentenversicherung. 1/27 NYTimes, B1. Was für eine Schande. Amerikaner auf allen Ebenen scheinen alle Arten von Experimenten mit Verantwortungslosigkeit zu machen. Isolierte und isolierte amerikanische Super-reichen führen einen Angriff auf die Heiligkeit des Vertrages, die zurückkehren wird, um sie schmerzlich zu beißen. PRISONS in den Nachrichten (Archive) - Die Justiz Dept. ist Mulling Budget-Schneiden Ideen, darunter kürzere Haftbedingungen, da die Verwaltung versucht, die Ausgaben zu reduzieren. 1/27 WSJ, A1 Zeiger auf A4. Was ist mit den alten Rechtsordnern passiert rightwingers Was geschah mit dem jüngsten Applaus für mehr Konsumausgaben. Anscheinend Ausgaben ist richtig, wenn die Verbraucher es tun (außer für Umweltschützer, die es mit dem Verzehr des Planeten anstelle von Buckminster Fullers mehr mit weniger mehr), aber falsch, wenn Regierungen es tun - weil egal wie viele psychisch kranke sie auf die Freisetzung Straßen und jetzt, egal wie viele Kriminelle sie haben, um auf die Straßen freizugeben, nach wie wenig Reha und Berufstrainingsprogramme, und egal wie viel von den nationalen Einkommen und Reichtum sie koagulieren, unsere Führer und ihre superwealthy Puppenspieler wollen alle Steuern übergeben Auf jedermann und alle nicht superwealthy, effektiv opfern ihre eigenen Grundlagen für. Pecking Auftrag. Überall vergessen die Reichen den Grundgedanken der demokratischen Regierung, sie vor ihrem eigenen schlimmsten Feind zu retten. sich. Spirale ECONOMIC DECLINE über Trichter (Archive) - gelöst durch Krieg. Oder schlauer, zeiten - Das CBO Kongress-Budget-Büro warnte das föderale Haushaltsdefizit wird einen Rekord von fast 1,5 Billionen in diesem Jahr aufgrund einer schwachen Konjunktur, höhere Ausgaben und FRESH TAX CUTS für die wohlhabenden - unsere Mützen. 1/27 WSJ, A1: 2 Zeiger auf A1: 3. CEOs durch ungleiches Wachstum alias Schrumpfung. 1/26 WSJ, A1. Mit anderen Worten, sie sind durch ihr eigenes Versagen verwechselt, die Punkte zwischen der Verkleinerung ihrer Belegschaften und der Verkleinerung ihrer Märkte zu verbinden. Federal Reserve-Beamte, die eine langsame oder keine wirtschaftliche Erholung und hartnäckig hohe Arbeitslosigkeit, die sie festgestellt, einstimmig beschlossen, weiterhin mit Plänen, so viel wie 600 Milliarden in Treasuries zu kaufen, da sie eine stärkere Wachstumsdynamik erwarten anerkennen. 1/27 WSJ, A1 Zeiger auf A5. Warum schafft man nicht die stärkeren Pickups im Wachstum, indem man jedem unserer 300.000.000 Amerikaner (siehe sehen, 600B / 300m 200B / 100m 2B / 1m 2000/1) 2000, nur die Top 1 (3m) von denen wird es speichern und alle Sonst (297m) zahlt sich aus Schulden und / oder verbringen, schaffen. Daaa dada daaaaaa. Ein stärkeres Wachstum im Wachstum. Treasurys Geithner sagte, dass die Schaffung gleicher Wettbewerbsbedingungen ein wichtiges Ziel eines Vorstandes wäre, um die Körperschaftssteuern zu revidieren: 1/27 WSJ, A1-Zeiger auf A4.Wie der Fuchs im Hühnerstall würde wissen, etwas über level playing fields Er wahrscheinlich Zahlen, hey, es gibt keine Steuern auf wohlhabende Personen - warum sollte es irgendwelche Steuern auf wohlhabende Unternehmen Heres, wie seine rollenden - Der Präsident sagte, er Will die Körperschaftssteuersätze senken, ohne unser Defizit zu erhöhen 1/26 Wall St Journal, A1 Der Unterschied zwischen Obamas temporärem Wahnsinn und dem, was wir mit McCain gehabt hätten, wäre: Die Sorge wächst unter Investoren und Regulatoren über die Qualität von 1/26 WSJ, A1 Zeiger auf C1.Was ist mit der Qualität der finanziellen Offenlegungen von den großen Banken und Hypotheken-Unternehmen, die nicht einmal herauszufinden, wer zu dem Zeitpunkt, was zu diesem Zeitpunkt Oh yeah, wir vergessen haben, sie Machte keine finanziellen Angaben, um über die Qualität zu beklagen. Aber das war okay, weil es sich selbst, rechts U. S. Stahlhersteller eine langsame Erholung für ihre neuesten Verluste verantwortlich gemacht, da steigende Kosten und lauwarmen Nachfrage Offset jüngsten Preiserhöhungen. 1/26 WSJ, A1 Zeiger auf B4. Offset jüngsten Preiserhöhungen. Wasnt lauwarmen Nachfrage teilweise wegen der jüngsten Preiserhöhungen Wal-Mart sagte, es ist eine halbe Milliarde Dollar in diesem Jahr ausgeben, um in Kanada zu erweitern, das jüngste Beispiel von Einzelhändlern rauschenden Norden. 1/27 WSJ, A1 Zeiger auf B3. Oh großartig, Strangler-Rebe Wal-Mart hat kleine Einzelhändler und Millionen von Arbeitsplätzen für ländliche Amerikaner zerstört und jetzt theyre gehen nach Kanadier Kapitalismus undiszipliniert durch Job Überschuss oder Arbeitskräftemangel ist rund um die Welt, Roboter jagen alle letzten überlebenden Rest des höheren Lebensstandards (Und damit verbundene Konsumentenbasis und Arbeitsplätze), saugen Einkommen und Reichtum in seine winzige Bevölkerung, MASSIVE-Geld Black Hole, nicht zu sitzen oder gestoppt werden, bis jeder außerhalb der geschlossenen Gemeinden verhungert oder an Krankheiten sterben. Wohlhabende Menschen vergessen überall den Grundgedanken der demokratischen Regierung, sie vor ihrem eigenen schlimmsten Feind zu retten. sich. Die CDC Centers for Disease Control erhöhte die Schätzung der Amerikaner mit Diabetes auf fast 26 Millionen. 1/27 WSJ, A1 Nachrichten Squib. Die emotionale Gesundheit der College-Neulinge ist auf ein 25-jähriges Tief gesunken, sagte eine Umfrage. 1/27 WSJ, A1 Zeiger auf D2. Eine Prüfung ergab, dass weniger als ein Drittel der U. S.-Grund - und Gymnasiasten in der Wissenschaft beherrscht sind. 1/26 WSJ, A1 Zeiger auf A2. Ohboy, wir haben ringside Sitze für den Fall des römischen Reiches lAmericain und in schnellem Vorwärts Negative Daten von Großbritannien sendet das Pfund, das auf einem Skid rührt. 1/26 WSJ, C1 Zeiger auf C5. Netter Versuch, aber das britische Reich fiel bereits. Hoffe du jour tm ndash TIMESIZING statt der Downsizing in den Nachrichten (Archive) - Google-Suche newsclips, was die Welten tun das ist auf dem richtigen Weg - Heres unsere neuesten Ranking der führenden Länder - die Kern-Lösung ist so offensichtlich, nobodys bemerkt es - in der Regel Seine nur ein Element auf einer Liste - wenige noch realisieren ihre Tinte Papier der Liste selbst - unsere unsere nächste Kandidat zu einer einzigen genügend Kontrolle und trotz Entlassung durch die Experten, seine neu erfunden Tausende von mal pro Tag in jedem Abschwung von Unternehmen Regierungen, zum Beispiel, Washington Staaten Video über den Austausch von Downsizing mit zeitgesteuerten Alias ​​gemeinsamen Arbeit - Swiss Industries 2011: Eingeben Calmer Waters After the Storm, 1/26 Die FINANCIAL über Finchannel ZURICH, Schweiz -. Im aktuellen Sector Handbook berichtet das Economic Research Team der Credit Suisse über seine erste Studie über den Effekt der Kurzarbeit in den verschiedenen Branchen. Sie zeigen, dass die Arbeitslosigkeit in den am stärksten betroffenen Sektoren, wie der Maschinen - und Metallindustrie, um sieben Prozentpunkte höher gelegen hätte, wenn sie nicht für Kurzarbeit gearbeitet hätte. Arbeitslosigkeit ohne Worksharing wäre 7 höher gewesen. DAS IST RUSSLAND Ist es ein Regierungsprogramm in der Schweiz, wie in Deutschland Kurzfristige Beschäftigung ein beschäftigungspolitisches Instrument, das in einem speziellen Abschnitt des diesjährigen Sektorhandbuchs behandelt wird, hat zweifellos dazu beigetragen, die Situation zu entschärfen, sagt die Credit Suisse. Also, dass eine Regierungssache wie pro Deutschland Schweizer Wirtschaft die Rezession schneller als erwartet verwitterte. Besonders überraschend war die Robustheit des Arbeitsmarktes und die Tatsache, dass die Arbeitslosigkeit weniger stark ausgeprägt war als in früheren Rezessionen. Dies kann zum Teil auf die Kurzarbeit zurückgeführt werden, ein Instrument, das es Unternehmen zumindest in naher Zukunft ermöglicht, drastischere Personalabbau zu vermeiden. In ihrem Sektorhandbuch untersuchen die Ökonomen der Credit Suisse erstmals die Entwicklung der Kurzarbeit in den einzelnen Branchen. In der Metallindustrie, in der Textil - und Bekleidungsindustrie sowie im Maschinen - und Anlagenbau wurden in der Gesamtbeschäftigung Kurzarbeit am häufigsten beobachtet. So war im Spitzenmonat Mai 2009 beispielsweise jeder vierte Arbeiter im Metallsektor und jeder fünfte im Maschinenbau kurzfristig tätig. - siehe ganzen Artikel unter heutigem Datum. Wow Das muss ein Regierungsprogramm sein - muss ihre Webseite finden Lets see. Kurzarbeit (British) ist Worksharing oder gemeinsame Arbeit in amerikanischer oder Kurz-arbeit auf Deutsch. Gefunden es Kurzarbeit STW Systeme sparen Arbeitsplätze in Japan, 1/27 Thomsons Online Vorteile durch thomsons. asia LONDON, England -. Die Systeme haben in der Rezession nach Angaben der Organisation für wirtschaftliche Zusammenarbeit und Entwicklung (OECD) 415.000 Arbeitsplätze in Japan gespart. Nach einem OECD-Arbeitspapier haben 22 Länder in der Wirtschaftskrise STW-Systeme angenommen. Kurzarbeit bedeutet Arbeitgeber reduzieren Arbeitszeiten, entweder pro Tag oder pro Stunde pro Stunde. - siehe ganzen Artikel unter heutigem Datum. Wir brauchen noch eine gute japanische govt Webseite für STW alias Worksharing, vorzugsweise eine Seite in Englisch. E-Mail an ecdesignRyahoo. ca x. Phil Kein optimalen Whrungsraum Deutsch für Kein optimaler Währungsraum (), 1/27 Der Ökonom (Blog) über Ökonom / Blogs WASHINGTON, D. C. -. Kurzarbeit ist die Kurzarbeit Regelung, durch die die Regierung Unternehmen ermutigt, Arbeitszeit zu reduzieren, anstatt Arbeitsplätze zu reduzieren und subventioniert die Gehälter der Arbeitnehmer weniger als Vollzeit arbeiten. Kürzere Stunden passieren sowieso, aber nicht der beste Weg. Das Argument, dass die Arbeit unendlich ist, weil menschliche Wünsche unendlich sind, ignoriert die Abwesenheit von unendlichem Geld, um diese Wünsche zu erfüllen oder für diese Arbeit zu zahlen und ignoriert die zunehmende Verknappung von guten 40-Stunden-Arbeitsplätzen, um Löhne und Ausgaben im Zeitalter der Robotik zu erhalten. So ist kürzere Stunden eine Strategie, die Hunderte von mal am Tag in den USA in dieser Rezession und tausendmal am Tag in der ganzen Welt in beiden öffentlichen privaten Sektoren, in jeder Branche und in einer Vielzahl von Möglichkeiten neu erfunden wird. Viele Länder und US-Staaten haben bereits Worksharing-Programme, um den Übergang zu dauerhaft kürzeren Arbeitswochen abzufedern, die sich automatisch an unsere steigenden Produktionsniveaus im Zeitalter der Robotik anpassen. Diese Programme sind derzeit nur temporär. Heres, was ihre ständige Programm aussehen wird, wenn sie schließlich erliegen dem Unvermeidlichen. Heute, sonntags, JAN.23-24-25 / 2011 während die Große Depression replays als die große Rezession, und damit Sie denken, dass sein Weggehen Von sich aus geben wir Ihnen zuerst eine Dosis von - doom du jour tm heutigen Schlagzeilen aus der Hölle tm (Archive) - vor der schlechten Nachricht hier im Rahmen einer nachhaltigen Lösung (siehe Hoffnung du jour unten) - - Redakteure Kommentare in eckigen Klammern Ndash-Editor: Phil Hyde ecdesignryahoo. ca - Plünderungen und Entlassungen auslösen MERGERS in den Nachrichten (Archive) - Mergersacquisitions (MAs) bieten ein letztes Mittel für inkompetente CEOs eine Autobahn zu Monopol - Managements Wirtschaft schrumpfen Fusion Fähigkeiten brauchen Ersatz durch die Wirtschaft - Rock-Tenn sagte, dass es vereinbart, kaufen Smurfit-Stone für 3,5 Milliarden in bar und Lager, nur Sieben Monate nachdem Smurfit aus Kapitel 11 hervorgegangen ist. 1/24 Wall St Journal, A1 Zeiger auf B3. growth-choking DOWNSIZING in the news (archives ) - all reversible by a shift to timesizing - Postal Service eyes closing thousands of post offices . 1/24 WSJ, A1. Oh thatll really help America grow. vanishing RETIREMENT in the news ( archives ) - no problem with short-time full employment via timesizing - Illinois says its underfed pension fund is under inquiry by the SEC . 1/25 WSJ, C1 pointer to C2. tsunami of BANKRUPTCIES CLOSINGS in the news (archives ) - staunched only by risky war or safe timesizing - Smaller banks cant get past the crisis . 1/24 WSJ, C1. States can go broke - Ask Arkansas . 1/23 NY Sunday Times, WK1 pointer to WK3. On the other hand - House majority leader Cantor said he opposes letting states seek bankruptcy protection, and ruled out bailouts . 1/25 WSJ, A1 pointer to A5. So, hes either in the No Solution, Let It Get Worse school, or, the Raise Taxes school, meaning eventually, Raise Taxes on the Rich, cuz, as Will Rogers said, Theys the only ones thats got any money. Vital or morbid signs - Americans had fewer options for dining out last year . 1/25 Wall St Journal, A1 graph caption. As of September 2010, there were 599,102 restaurants in operation, down 1 from 584,653 a year earlier. Visits to restaurants also fell 1 over the time period. spiraling ECONOMIC DECLINE via funnel-up (archives ) - solved by war. or smarter, timesizing - Global price fears mount - As food, raw materials soar, Europes central bank head warns of inflation . 1/24 Wall St Journal, A1. Central bank heads love warning of inflation and ignoring unemployment, but the only tool they have to fight inflation (raising interest rates) clobbers growth - how soon can we switch to an intelligent approach hope du jour tm ndash TIMESIZING instead of downsizing in the news (archives ) - Google Search newsclips of what the worlds doing thats on the right track - heres our latest ranking of leading countries - the core solution is so obvious, nobodys noticing it - usually its just one item on a list - few yet realize its the ink paper of the list itself - its our closest candidate to a single all-sufficient control and despite dismissal by the experts, its reinvented thousands of times a day in every downturn by businesses governments, for ex.,Washington States video on replacing downsizing with timesizing alias shared work - Do you have workweek creep 1/25 KippReport DUBAI, United Arab Emirates - Do you find yourself answering emails at home Using your BlackBerry over the weekend Taking work calls at dinner Then youve got workweek creep. When Kipp asked readers if they answer work-related emails outside of work hours, we got an overwhelming response: an incredible 80 of you do. Half of those (so 40 overall) say they always answer work-related emails out of work, while the other half (again, 40 overall) say they occasionally do . - see whole article under todays date. This is whats killing economies everywhere in the age of automation no boundaries, employment hoarding among those who still have jobs, layoffs, job insecurity, more hoarding, more layoffs, more insecurity, more hoarding. Short Time Work Plan Saved Jobs - Study: Shorter Hours Preserved Jobs, by Phil Izzo, 1/24 Wall Street Journal via blogs. wsj/economics PARIS, France - Short-time work programs effectively preserved jobs in many countries during the financial crisis. An OECD working paper by economists Alexander Hijzen and Danielle Venn looks at whether government programs aimed at keeping workers on the job were effective. Under the programs, companies seeing low demand received government subsidies to cut hours or use furloughs instead of letting workers go. The results provide clear evidence that short-time work schemes helped preserve permanent jobs during the economic downturn, while also providing some evidence that short-time work schemes promoted average hours reductions among permanent workers. Average hours reductions, let us point us, that are utterly necessary to maintain or grow markets once CEOs start using robots to create lights-out manufacturing systems with no humans onsite at all. Henry Ford: Lets see you unionize these robots - union leader: Lets see you sell them cars. The largest impacts of short-term work programs on employment were found in Germany and Japan among the 16 countries considered . - see whole article under todays date. SPECIAL REPORT - Life in Europes squeezed middle, 1/24 Forexyard BERLIN, Germany - A government-subsidised programme that allows firms to cut workers hours rather than jobs, Kurz-arbeit is one of Germanys signature responses to recession -- and in Annas case, it has worked, as shes now back full time at work and busy. Other parts of Europe may still be contracting, but Germany -- Europes largest economy -- grew by 3.6 in 2010, with the number of unemployed falling below 3 million for an unemployment rate of what . - see whole article under todays date. New contracts mean rebirth for longtime Shoals AL industry Wise Alloys, 1/23 TimesDaily LISTERHILL, Ala. -. Slappy also endured having his time cut to 32 hours a week this past decade. Scarborough said many employees were reduced to 32 hours a week around 2009. Today, all shifts are operating 40 hours a week and the plant is running 24 hours a day, seven days a week . - see whole article under todays date. Jobs axed at New Forest National Park, 1/25 DailyEcho. co. uk LYNDHURST, Hamps. England -. Some of the employees who keep their jobs will have to work shorter hours, which will mean a pay cut . - see whole article under todays date. BONUS clip - As schools make cuts, employees learn to curtail their own finances, by Stephanie Knowlton, 1/23 StatesmanJournal SALEM, Ore. - Melinda Adams remembers five years ago when her bus route zipped from field trips to student programs throughout the Salem-Keizer School District. She sees few field trips these days, and overtime is rare as the district tightens its budget. Apparently many Americans are ignorant of how overtime is antithetical to their future, and how there should be a lot more of it getting converted into jobs by the downward redefinition of full time in the age of automation. Now shes lucky to work six hours per day. Its happening anyway, but not in a systemic way (even if the system is just a single entire municipality or state, or even corporation, some of which already do it ) that would create a perceived labor shortage and harness market forces in raising wages and spending. If she dips below 30 hours per week, she falls into a lower tier and her health insurance rates would double. Ive never seen it like this since I started working in education 15 years ago, she said. Adams watched her paycheck shrink by about 2,000 per year for the past few years because of rising insurance costs and fewer hours, and now theres talk of more cuts . This aint going away until employees take charge of the process and do some emergency temporary worksharing and permanent timesizing . Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U. S. in this recession and thousands of times a day across the world in both public private sectors, in every industry, and in a variety of ways. Many countries and U. S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Heres what their permanent program will look like when they finally succumb to the inevitable. Today, fri-sat, JAN.21-22/2011 while the Great Depression replays as the great recession, and lest you think its going away by itself, we give you first a dose of - doom du jour tm todays headlines from hell tm (archives ) - face the bad news here in the context of a sustainable solution (see hope du jour below) - - editors comments in square brackets ndash editor: Phil Hyde ecdesignryahoo. ca - looting - and layoff-triggering MERGERS in the news (archives) - Mergersacquisitions (MAs) provide a last resort for incompetent CEOs a highway to monopoly - Managements economy-shrinking merger skills need replacement by economy-growing workspreading skills - Buy instead of build market share - See overlap lay off more of your customers customers a suicidal joke - Real CEOs dont do MAs - Peoples United Financial of Bridgeport CT buys Danversbank parent Danvers Bancorp for 493m, its third purchase of a Massachusetts bank in less than a year . 1/21 Boston Globe, B11. April: Butler Bank of Lowell MA July: LSB Corp. of North Andover MA. growth-choking DOWNSIZING in the news (archives ) - all reversible by a shift to timesizing - The banking industry, facing slower revenue growth, is starting to cut costs our quotes, actually its cutting its own markets, increasingly at the expense of jobs . 1/21 Wall St Journal, A1 pointer to C1. Massachusetts employers cut 2,000 jobs in Dec. - Leisure, hospitality sectors led decline amid slower growth . by Megan Woolhouse good old English name, 1/21 Boston Globe, B7. Boeing will slash 1,100 jobs in US . 1/21 Boston Globe, B8. These nightmare CEOs love doin this right before the holidays - more Ex-mass than Christ-mass. What a day for layoffs Folks, we have ringside seats for the destruction of the American economy by our prevailing goofy management wisdom of upsizing (growth) by downsizing How is timesizing (cutting the workweek) different Think about it: 1000 jobs on an 80-hour workweek (as in 1840) becomes a 40-hour workweek (as in 1940) with 2000 jobs. Cut the workweek, increase the jobs. Workweek reduction without job (market) loss is the one corporate strategy and government policy that has no adverse long-term effects, and any short-term problems we can bandaid from the unemployment insurance fund which is saving money cuz were saving jobs. We DID THIS for over 100 years, 1840-1940. We have tons of experience with this to guide us. Its a tried and true and successful method, but workaholism and work hard to get ahead and Busyness Equals Importance is blocking us, so down we go with deeper and deeper labor surplus, all officially denied despite 5000 resumes for every 5 openings. Dont Worry, Be Happy Lenders see little choice: layoffs . 1/21 WSJ, C1 target article. . Wells Fargo, American Express..unspecified layoffs to become leaner. Through debt, the super-rich are returning us to the stifling feudal period, with all its insecurity, inefficiency, and slower, more bogus growth. . PNC Financial Services, Fifth Third Bancorp want to become more efficient. Theyll be real efficient with no customers. . Synovus Financial..850 cuts..13 and close 39 branches to save 100 million. . State Street..14000 cuts to be completed this year. . Barclays Capital laid off 600 worldwide earlier this year ie: in the last 21 days. ..Many banks are struggling to put their bad loans behind them LOL. . Employment in banking is down 9 to 2.04 million jobs from 2.22 million in the fall of 2007. . Especially at weaker banks, the only meaningful way to cut expenses is to cut jobs, said bank analyst Gerard Cassidy of RBC Capital Markets. Heres hoping the pink slips flutter his way soon. These guys dont wake up till their turn at the guillotine, or someones close to them, like Morgan Stanleys Steve Roach in the 90s, after his sis got the chop. spiraling ECONOMIC DECLINE via funnel-up (archives ) - solved by war. or smarter, timesizing - The Dow industrials fell 2.49 points to 11822.80 as improved economic data helped it avoid following selloffs in Asia and Europe . 1/21 WSJ, A1 pointer to C6. or as the Boston Globe puts in more pungently - Stocks dodge biggest 2-day loss since Nov. . 1/21 BG, B10. Muni market blame game . by Rolfe Winkler, 1/21 WSJ, C10. Meredith Whitney..s bearish prediction of 50 to 100 sizable defaults potentially totalling hundreds of billions of dollars is widely blamed for the recent selloff in muni bonds. Never mind she was being conservative. Investors, getting wise to all the zilch-fundamentals of Wall Streets 1990 creativity in terms of hedge funds, derivatives, swaps, CDOs, single stock futures et al, are getting back to the more familiary zilch-fundamentals in shares and blowing another huge pyramidding bubble - As bonds raise more red flags, investors are cautiously returning to stocks . 1/21 Boston Globe, B10. So how inflated are P/E ratios today, after two decades of nowhere else to stow the multimegabucks being crammed into the topmost tiny income brackets by the exploding labor surplus The only cautious thing investors could possibly do today is back political candidates who want as much workweek-cutting worksharing as it takes to restore wartime levels of labor shortage, full employment, rising wages, full markets, more marketable productivity, and as a result, more sustainable investment targets. Dec. only a glimmer in 2010 home sales - Recovery may be years away . 1/21 Boston Globe, B7. The U. S. Army plans to award an exclusive contract to a Russian state firm to supply helicopters for Afghanistan . 1/21 WSJ, A1 pointer ro A8. Now weve seen everything On the other hand, the Russkies wasted trillions of roubles in Afghanistan before Bush started on taxpayer dollars, so maybe they have special Afghan-adapted whirlybirds. But then theres also the Chinese invasion of America banking now US bankers corrupt culture has concentrated their cunning on coverup instead of cash accumulation. Chinas biggest bank signed a pact to make it the first Beijing-controlled institution to own retail bank branches in the U. S. . 1/22 WSJ, A1 pointer to B1. Bank of America reported a 1.2 billion quarterly loss, a rough first year for CEO Moynihan . 1/22 WSJ, A1 pointer to B1. Tony Blair told an Iraq-war inquiry that he disregarded concerns from top advisers about the legality of the 2003 invasion . 1/22 WSJ, A1. And hes still running around loose Just like Bush and Cheney in USA and Harper and Mulroney in Canada. hope du jour tm ndash TIMESIZING instead of downsizing in the news (archives ) - Google Search newsclips of what the worlds doing thats on the right track - heres our latest ranking of leading countries - the core solution is so obvious, nobodys noticing it - usually its just one item on a list - few yet realize its the ink paper of the list itself - its our closest candidate to a single all-sufficient control and despite dismissal by the experts, its reinvented thousands of times a day in every downturn by businesses governments, for ex.,Washington States video on replacing downsizing with timesizing alias shared work - Frances 35-hour week creeps onto electoral agenda, 1/21 ForexPros Isnt Forex a condom PARIS France - Frances struggle to compete with a booming German economy has helped nudge reform of its restrictive 35-hour working week back onto the political agenda ahead of an April 2012 presidential election . - see whole article under todays date. Apparently these French geniuses have completely failed to notice that Germanys recession-surfing secret focused on Kurz-arbeit restricting employers and employees from cutting jobs and domestic consumption by subsidizing SHORTER WORKWEEKS. None are so blind as those that will not see. Heres Why France Isnt An Economic Backwater, 1/20 BusinessInsider PARIS, France - Economics blogger extraordinaire Tyler Cowen had a reader ask him a question: why isnt France an economic backwater Between the 35 hour workweek and the taxes and the regulation, France should be doing much, much worse than it has been . - see whole article under todays date. Watch in awe as two talking heads, one a France-hating Frenchman, try to explain why three cardinal sins of the prevailing religion of self-downsizing anglophone economies are not killing France - while lack of them IS killing aforesaid anglophones. Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U. S. in this recession and thousands of times a day across the world in both public private sectors, in every industry, and in a variety of ways. Many countries and U. S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Heres what their permanent program will look like when they finally succumb to the inevitable. Today, wed-thu, JAN.19-20/2011 while the Great Depression replays as the great recession, and lest you think its going away by itself, we give you first a dose of - doom du jour tm todays headlines from hell tm (archives ) - face the bad news here in the context of a sustainable solution (see hope du jour below) - - editors comments in square brackets ndash editor: Phil Hyde ecdesignryahoo. ca - spiraling ECONOMIC DECLINE via funnel-up (archives ) - solved by war. or smarter, timesizing - The SP500 posted its biggest one-day drop in two months, as big banks weak earnings sent it down 13.10 points, or 1, TO 1281.92. . 1/20 Wall St Journal, A1 pointer to C5. Appeals court rules for Jennie-O on pay issue . by David Phelps, 1/19 Minneapolis Star Tribune via startribune MINNEAPOLIS, Minn. - Turkey giant Jennie-O is not required to pay its workers for the time it takes to put on and take off their production-line uniforms, a practice known in the trade as donning and doffing, under a ruling this week by the Minnesota Court of Appeals. The appeals court decision upholds a similar finding in Hennepin County District Court that the Minnesota Fair Labor Standards Act does not apply to the workers if they are paid overtime at 40 hours per week, not 48 hours as set by state law. Slavery returns in Minnesota of all places. How is it that the federal Fair Labor Standards Act no longer pre-empts state FLSAs, or that federal laws in general no longer pre-empt conflicting state laws The once-great USA takes another giant step toward weakening its consumer base via its employment basement, and toward the dumpster of history. Employers can now pack more and more of the job into donning and doffing. Jennie-O chiefs are truly a flock of turkeys who couldnt think two moves ahead in chess, now they joined the brilliant Wall St. Baby Hueys who practice Suicide, Everyone Else First. Soaring food prices are prompting restaurants and hotels to renegotiate contracts, find cheaper suppliers and reconfigure menus . 1/20 WSJ, A1 pointer to A5. So much for human fuel. How about auto fuel - As oil nears 100, threat to nascent recovery grows . 1/19 Toronto Globe, B1. Ah, dont they mean threat to imaginary recovery grows FDIC will spread losses in future bank bailouts . 1/19 Boston Globe, B11. Spread the job losses by downsizing the full time workweek and you mop up the labor surplus, the 5000 resumes for 5 job openings each underbidding the next, and get market forces flexibly raising wages, employers struggling for good help each overbidding the next, raising wages spending, building real recovery. But for continued imaginary recovery, continue with - Wealthy bolstering US consumer spending LOL . 1/19 Boston Globe, B8. Not only do the wealthy donate a smaller percentage of their HUGE money to charity, they also spend a smaller percentage of their HUGE money as consumers. So our past 40 years of Socialism for the Rich redistributing the national money supply to the topmost tiny fraction of the population, has de-activated a huge percentage of that money supply by converting it from spending power to investing power. Denk darüber nach. Theres tons of money in every Third World country but. its all in the hands of the top 1 of the population - here in the once-great USA its getting down to the top 0.01 of the population - another billionaire, another 10000 poverty cases - and even if the poor spend 100 of their money, 25c aint gonna do much for economic recovery. Spain is set to pour billions more euros into its troubled savings banks and force greater transparency as the country seeks to ward off an international bailout . 1/20 WSJ, A1:1 pointer to A1:3. hope du jour tm ndash TIMESIZING instead of downsizing in the news (archives ) - Google Search newsclips of what the worlds doing thats on the right track - heres our latest ranking of leading countries - the core solution is so obvious, nobodys noticing it - usually its just one item on a list - few yet realize its the ink paper of the list itself - its our closest candidate to a single all-sufficient control and despite dismissal by the experts, its reinvented thousands of times a day in every downturn by businesses governments, for ex.,Washington States video on replacing downsizing with timesizing alias shared work - Old-Time Short-Time Work, by David Leonhardt, 1/20 New York Times (blog) via economix. blogs. nytimes NEW YORK, N. Y. - On Wednesday, I mentioned the idea of short-time work policies, in which workers and companies avoid layoffs during tough times by cutting everyones work hours. Alex Keyssar, author of one of the definitive histories of unemployment, points out that the debate over short-time work is nothing new . - see whole article under todays date. Even though the success of short-time work alias worksharing is nothing new, judging from the history of the U. S. workweek (cut in half, 1840-1940), especially 1938-1939-1940 (workweek 44-42-40 hrs, unemployment 19.0-17.2-14.6), French history (1997-2001, workweek 39-35 hrs, UE 12.6-8.6) and South Korean history (2004-2011, 44-40 hrs, results not yet in) - meaning, if theres still a debate, its like the cigarette companies denying that nicotene causes lung cancer, or the continuing denial of global warming by companies it might harm - meaning, its not a debate thats nothing new (theres almost no serious debate), its ignorant recession-deepening denial thats been going on ever since the start of the Industrial Revolution, which employers started with the promise that it would make life easier for everyone, but of course, that would only happen if employers downsized working hours instead of employee-consumers. Employment Worldwide, 1/19 NPR. org/blogs WASHINGTON, D. C. - Forty percent of adults worldwide were employed full time in 2009 and 2010, according to new Gallup survey data. Gallup defines full time as working at least 30 hours per week . - see whole article under todays date. 30-hour workweek Fairly advanced except we need that changed from at least to at most to spread the natural market-demanded employment and activate the spending potential of that remaining 60 who are either part time or completely unemployed - natural market-demanded employment so we can get government and taxpayers out of the doomed-from-the-start task of dreaming up enough fakework makework to take care of it - though always too little too late except during World Wars I and II. Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U. S. in this recession and thousands of times a day across the world in both public private sectors, in every industry, and in a variety of ways. Many countries and U. S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Heres what their permanent program will look like when they finally succumb to the inevitable. Today, sun-tue, JAN.16-18/2011 while the Great Depression replays as the great recession, and lest you think its going away by itself, we give you first a dose of - doom du jour tm todays headlines from hell tm (archives ) - face the bad news here in the context of a sustainable solution (see hope du jour below) - - editors comments in square brackets ndash editor: Phil Hyde ecdesignryahoo. ca - BANKRUPTCY tsunami in the news (archives ) - staunched only by risky war or safe timesizing - Blockbuster is asking creditors to put up more money to help it emerge from bankruptcy protection. . 1/18 Wall St Journal, A1 pointer to B1. Sending good money after bad spiraling ECONOMIC DECLINE via funnel-up (archives ) - solved by war. or smarter, timesizing - Some analysts and investors say the market rally is showing signs of fatigue, with technical indicators portending a broad decline . 1/18 WSJ, A1 pointer to C1. Bears see stocks on borrowed time . 1/18 WSJ, C1 target article. Regulators have missed or postponed several deadlines to write rules to implement the financial overhaul triggered by the Dodd-Frank law . 1/18 WSJ, A1 pointer to C1. Thats what happens when the foxes are left guarding the henhouse: Obama never replaced Bernanke as head of the Fed and Obama never replaced Geithner as head of the Treasury. Result: continued coverup. The rest of the world can start to relax as the once-great USA destroys itself from within and from the top. Cry the beloved country Inflation is coming, inflation is coming . 1/17 Toronto Globe, B1. How can otherwise intelligent people obsess about inflation during a deflationary spiral How can prices rise except to signal nonrenewable resource shortages when were in a steepening, diagonally downward spiral with the 1/11/11 Wall Street Journal reporting on Downturns ugly trademark: Steep, lasting drop in wages, front page. Why the nuclear renaissance is at risk of going up in smoke . 1/17 Toronto Globe, B1. Better the nuclear renaissance go up in smoke than we all go up in a mushroom cloud or down in Chechnya-like radiation poisoning. Nuclear energy is appropriate for stars like our Sun. It is not appropriate for the surface of planets or moons - and where did you say you were going to dispose-of the spent fuel rods, which remain radioactive for 30,000 years. House Republicans are set to vote on health-care repeal. . 1/18 WSJ, A1 pointer A9. Based on mandatory car insurance instead of Hawaiis great 1991 plan No great loss. Decline of service clubs a worrying trend . by Dave Brown, 1/17 Ottawa Citizen, B1. But a logical consequence of our concentration of the nations money supply without limit in the top 1 of the population, who spend a smaller proportion of their income on charity than the poor. How reverse the hyperconcentration of M1 in the topmost brackets on a market basis Downsize the workweek. not the workforce . Chinese shares slumped 3 Monday, dragging other Asian markets lower, while most stock markets in Europe were little changed . 1/18 WSJ, A1 pointer to C2. China has long hours and no vacation, over 20 unemployment and zilch average consumption per person. Ergo dependence on exports and no domestic fundamentals. Europe has shorter hours and loooong vacations, 10 unemployment (needs even shorter hours) and high average consumption per person. Ergo exports nice but domestic consumption sufficient domestic fundamentals. Return of Baby Doc after 25-year exile bodes ill for Haiti . 1/17 Toronto Star, A1. hope du jour tm ndash TIMESIZING instead of downsizing in the news (archives ) - Google Search newsclips of what the worlds doing thats on the right track - heres our latest ranking of leading countries - the core solution is so obvious, nobodys noticing it - usually its just one item on a list - few yet realize its the ink paper of the list itself - its our closest candidate to a single all-sufficient control and despite dismissal by the experts, its reinvented thousands of times a day in every downturn by businesses governments, for ex.,Washington States video on replacing downsizing with timesizing alias shared work - Job perks shifting out of neutral, 1/16 Pioneer Press via twincities ST. PAUL, Minn. -. The states Shared Work program offers companies a chance to reduce hours, thereby avoiding layoffs, while their employees can offset the cost of the reduction with jobless benefits. In the summer of 2009, 13,000 employees were enrolled in the Shared Work program. Today, that number is down to 1,276 . - see whole article under todays date. State program saving jobs, keeping businesses afloat, 1/18 TheStateColumn (blog) OLYMPIA, Wash. -. Instead of just eliminating jobs, the Shared Work Program allows struggling employers to cut their payroll costs by reducing the hours of their full-time employees. The Employment Security Dept. then provides those workers with partial unemployment benefits to make up for some of the lost wages. More than 32,000 Washington workers kept earning a paycheck in 2010, up from the record 22,000 saved jobs in 2009. The Shared Work program is a great example of the kind of assistance the state can provide to struggling business owners, said Chris Reykdal, the freshman legislator..who sits on the Labor Workforce Development Committee. Its helping keep businesses afloat, paychecks going to workers, and money flowing into our local communities. Before any employer considers layoffs, I highly recommend giving the Shared Work Program a shot at saving jobs first. . - see whole article under todays date. Timesizing, not downsizing Broadway Threatened by New Child Labor Laws - New rules would prevent child performers from working more than five hours a day or past 10 p. m. 1/17 DNAinfo MIDTOWN NEW YORK, N. Y. Legislation proposed to curb the hours that child actors work on Broadway has producers worried that their shows may not be able to go on. The new Labor Department rules would prohibit actors under the age of 18 from working past 10 p. m. and limit the work hours of actors between the ages of nine and 16 to five hours per day with three hours of school, the New York Daily News reported. Many Broadway shows dont finish until after 10 p. m. the paper reported. Broadway blockbusters including The Lion King, Les Miserables, Hairspray and the current Billy Elliot production have all featured child actors . - see whole article under todays date. Madison360: Might as well face it, youre addicted to e-mail, 1/16 Capitol Times via host. madison MADISON, Wisc. - The phrase is workweek creep, and no, it doesnt refer to an obnoxious co-worker. Instead, its defined as the gradual extension of the workweek caused by performing work-related activities during non-work hours. The first known usage was a 1997 Baltimore Sun story reporting that 73 of survey respondents said they worked at home or the office outside of regular hours. The phrase joins other creepy website word usages, as in: commercial creep, jargon creep, mission creep and Christmas creep . - see whole article under todays date. Long Work Hours May Lead To Stress, Health Problems, 1/17 DailyHealthReport. org MENLO PARK, Calif. - Most people believe spending more than 12 hours at the office shows dedication and hard work. However, studies show that work quality decreases as employees become overburdened and health problems soon arise . - see whole article under todays date. Rep./Commissioner Tharinger says hell return part of pay to Clallam County, 1/16 Peninsula Daily via peninsuladailynews PORT ANGELES, Clallam County, Wash. -. Lets say I spend. 35 hours a week doing county business, then I would pay back to the county for five hours, he said. Assuming a 40-hour work week, his 63,504 county salary works out to about 30.44 an hour . Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U. S. in this recession and thousands of times a day across the world in both public private sectors, in every industry, and in a variety of ways. Many countries and U. S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Heres what their permanent program will look like when they finally succumb to the inevitable. Today, fri-sat, JAN.14-15/2011 while the Great Depression replays as the great recession, and lest you think its going away by itself, we give you first a dose of - doom du jour tm todays headlines from hell tm (archives ) - face the bad news here in the context of a sustainable solution (see hope du jour below) - - editors comments in square brackets ndash editor: Phil Hyde ecdesignryahoo. ca - looting - and layoff-triggering MERGERS in the news (archives) - Mergersacquisitions (MAs) provide a last resort for incompetent CEOs a highway to monopoly - Managements economy-shrinking merger skills need replacement by economy-growing workspreading skills - Buy instead of build market share - See overlap lay off more of your customers customers a suicidal joke - Real CEOs dont do MAs - Zellers on endangered list - U. S. retailer Target to take over as many as 220 Zellers locations across Canada - Deal will lead to thousands of new jobs: Target CEO Greg Steinhafel . 1/14 Ottawa Metro, p.1 pointer to p.3. Yeah, ri-i-ght New only cuz name changed and old workforce fired - Target will encourage Zeller employees to apply for jobs . 1/14 Ottawa Metro, p.3 first subhead. And still he feels guilty, so - 5 of Target income goes to local charities . 1/14 Ottawa Metro, p.3 second subhead. Plus see story 2 below under Hope du Jour. When we fi-i-inally implement as much timesizing as it takes to engineer full employment, we wont need charities. Changing face of retail landscape - Few tears for Zellers . 1/15 Toronto Globe, D2. Launched in 1930s, chain joins Eatons, Beaver Lumber and other former retail icons. And what about national icons like Avro Arrow At least Toronto Dominion has taken over zillions of banks across the northeast U. S. and you can see the green TD logo in centres-villes throughout New England - and on the Boston Garden spiraling ECONOMIC DECLINE via funnel-up (archives ) - solved by war. or smarter, timesizing - Foreclosures soar - U. S. banks repossessed more than a million homes in 2010 . 1/14 Toronto Star, B1 pointer to B4. Auto making - Parts makers rebound sure sure, but jobs are slow to return . 1/15 Toronto Globe, B9. As car manufacturers regain strength now that Chrysler and American Motors have been replaced by Honda, Toyota and Hyundai, its unclear if suppliers will ever make it back to eight-cylinder level If that particularly inept metaphor means pre-crisis headcount, it certainly is clear and the answer is a resounding No. Most people have NO IDEA how automated and robotized auto making is these days, verging on lights out manufacturing where the lights are off cuz there are no humans there at all, and the Suicide, Everyone Else First strategy of American CEOs is becoming more and more obvious - further fields are greener has become markets elsewhere will buy all this - but elsewhere would be explicitly Where exactly, bearing in mind that China and India have their own more-affordable-car manufacturing Global gold production at record high . 1/14 Ottawa Citizen, F1. The crisis metal Canada - Home sales down in Dec. . 1/15 Toronto Globe, B11. . resale housing market. Canada - Trade deficit falls for all the wrong reasons - Drop in imports points to a slowing economy Experts suggest troubling trend . 1/14 Toronto Globe, B1. Canada - Recession short per academic definition wishful thinking, not so sweet . 1/14 Ottawa Citizen, F1. . the exact dates of both the onset and the end..remain ambiguous. source: Statistics Canada. Forced to live from one paycheck to the next . by Mathieu Belanger, 1/15 Le Droit dOttawa-Gatineau, p.1. Half of Quebeckers go to bed at night anxious, wondering how long theyll be able to make ends meet at the end of the month, according to a CROP poll commissioned by the group of Gesca dailies, including Le Droit (of Gatineau-Ottawa) and La Presse (of Montreal). Debt crisis - Dear Tim. can you spare a billion - With its economy reeling in the fall of 2008, Irelands central banker made a personal appeal to Geithner . 1/15 Toronto Globe, B7. hope du jour tm ndash TIMESIZING instead of downsizing in the news (archives ) - Google Search newsclips of what the worlds doing thats on the right track - heres our latest ranking of leading countries - the core solution is so obvious, nobodys noticing it - usually its just one item on a list - few yet realize its the ink paper of the list itself - its our closest candidate to a single all-sufficient control and despite dismissal by the experts, its reinvented thousands of times a day in every downturn by businesses governments, for ex.,Washington States video on replacing downsizing with timesizing alias shared work - Hanover, NJ: Township votes to lay off 10 public workers, cut hours for 5 more, 1/14 DailyRecord HANOVER, N. J. After more than two months of tense debate, the Township Committee voted unanimously at its Thursday meeting to lay off 10 employees and reduce the hours of five other employees from full time to part time to close a projected budget gap . - see whole article under todays date. Better five more part-timers than five more layoffs ( zero-timers). Zellers: Target moved 8,000 full time employees to part-time positions in one swoop, 1/14 The Canadian via lecanadian TORONTO, Ont. Canada -. Apparently the email went on to say that HR will receive another email within 3-4 months directing stores to reduce current specialist hours to below 32 hours a week . - see whole article under todays date. Portakabin workers vote in four-day week, 1/15 The Press, York via yorkpress. co. uk HUNTINGTON, Yorks. U. K. -. The hourly-paid staff agreed that short-time working from January 17, suggested by the management, was better than being made redundant at a time when there is a shortfall of orders for the companys factory-built off-site buildings.. The lads realise that this is a sensible thing to do. - see whole article under todays date. Niederrhein economy on the road to recovery, 1/14 SteelGuru LOWER RHEIN (NIEDERRHEIN), Germany - It is reported that although Niederrhein has not reached pre crisis levels, employment balance is well in the black, short time working continued to run strong . - see whole article under todays date. Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U. S. in this recession and thousands of times a day across the world in both public private sectors, in every industry, and in a variety of ways. Many countries and U. S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Heres what their permanent program will look like when they finally succumb to the inevitable. Today, wed-thu, JAN.12-13/2011 while the Great Depression replays as the great recession, and lest you think its going away by itself, we give you first a dose of - doom du jour tm todays headlines from hell tm (archives ) - face the bad news here in the context of a sustainable solution (see hope du jour below) - - editors comments in square brackets ndash editor: Phil Hyde ecdesignryahoo. ca - looting - and layoff-triggering MERGERS in the news (archives) - Mergersacquisitions (MAs) provide a last resort for incompetent CEOs a highway to monopoly - Managements economy-shrinking merger skills need replacement by economy-growing workspreading skills - Buy instead of build market share - See overlap lay off more of your customers customers a suicidal joke - Real CEOs dont do MAs - Cliffs Natural Resources agreed to acquire Consolidated Thompson for about 4.95 billion, aiming to boost iron-ore production . 1/12 Wall St Journal, A1 pointer to B1. Duke Energy to buy Progress Energy for 2.6125 Duke shares per Progress share . 1/12 WSJ, A1 squib. spiraling ECONOMIC DECLINE via funnel-up (archives ) - solved by war. or smarter, timesizing - New pay pressure on UAW . 1/13 WSJ, B1. Gotta keep bashin thet consoomer base Prices soar on crop woes - U. S. cuts global grain supply outlook - Higher prices expected at grocery stores . 1/13 WSJ, A1. Oh well, let them eat cake Oil at 2-year high: 91.86 per barrel - A possible decline in crude suipplies have been pressuring futures prices . 1/13 WSJ, C12. Price rises for fuel threaten airline net . 1/13 WSJ, B1. But it hasnt stop this migration yet - College graduates continued to relocate to sunbelt cities during the recession, a Census data analysis found . 1/12 Wall St Journal, A1 pointer to A2. Great, many of these cities are built in the middle of deserts and are already straining surrounding water supplies for hundreds of miles. Plus, as global warming intensifies, the electric-grid drain for A/C will be huge. Is it that they cant find jobs that pay enough for heat in winter - better to be homeless in the south than the north Well, maybe the housing slump will make it easier to avoid homelessness - U. S. housing slump beats Depression level . 1/12 Reuters via Toronto Globe, B9. U. S. home prices fell for the 53rd consecutive month in November, taking the decline past that of the Great Depression. Home prices have fallen 26 since their peak in 2006, exceeding the 25.9 drop registered in the five years between 1928 and 1933. Prices fell 0.8 over the month. Four horsemen of the housing bust saddled with homes . 1/13 WSJ, C12. Could these be the four big mortgage banks whose corruption created the bust in the first place Rising poverty . 1/12 Toronto Star, A1. TORONTO, Canada - Torontos poor are becoming increasingly concentrated in aging houses that are rife with disrepair. Crackdown fails to halt Tunisian jobs anger . 1/12 Financial Times, FT6. Protesters mobilize: demonstrators take action against unemployment in Requeb, Tunisia, at the weekend. (photo caption) Followup - After unprecedented demonstrations, yesterday - The Tunisian president chased from the country , translated from: Apres des manifestations sans precedent, hier - Le president tunisien chasse du pays, 1/15 Le Droit de Gatineau-Ottawa, p.23. And speaking of Africa - A continent Africa of new consumers beckons - Funny how the insulated and isolated media barons assume megaconsumption in places (China, Africa) where labor surplus has coagulated monetary circulation in the top 1, who only spend about 1 of it. - As disposable incomes continue to climb. . 1/13 WSJ, B1. Could this be the same continent from which we receive at least 20 desperate spam emails per day promising great riches if we will send them our bank-account numbers and passwords Could this be the same continent with massive unemployment - just like China, but of course we never hear about the downside in China any more. We sense the presence of the usual suspect the average income has been yanked up artificially by the hyperconcentration of the Third-World money supply in the top 0.1 of the population, same as in the New USA. Bigger-money smaller-population Black Hole of billions at the top, wider event horizon of income gap around it. More insulation and isolation of the decision makers and less and less adaptibility, ecolofriendliness, econocompetitiveness and general sustainability. hope du jour tm ndash TIMESIZING instead of downsizing in the news (archives ) - Google Search newsclips of what the worlds doing thats on the right track - heres our latest ranking of leading countries - the core solution is so obvious, nobodys noticing it - usually its just one item on a list - few yet realize its the ink paper of the list itself - its our closest candidate to a single all-sufficient control and despite dismissal by the experts, its reinvented thousands of times a day in every downturn by businesses governments, for ex.,Washington States video on replacing downsizing with timesizing alias shared work - Stuttgart assistant chief talks about problems with youth, 1/13 StuttgartDailyLeader STUTTGART, Ark. . The Stuttgart Police Department hopes to add five new patrol officers in the coming months. This will allow for more officers available during shifts, with shorter working hours... Currently patrol officers work 12-hour shifts five days a week . - see whole article under todays date. Nurses Long Work Hours, Scheduling Can Increase Patient Mortality, 1/13 UMB News via oea. umaryland. edu BALTIMORE, Maryld. Aufrechtzuerhalten. A new study has found that patient deaths from pneumonia and acute myocardial infarction were significantly more likely in hospitals where nurses reported schedules with long work hours. Most U. S. hospitals use 12-hour nursing shifts exclusively, as opposed to eight-hour shifts, a trend begun during nursing shortages nationwide in the 1980s. Although many nurses like these schedules because of the compressed nature of the workweek, the long schedule - as well as shift work in general - lead to sleep deprivation, says Trinkoff . - see whole article under todays date. American medicine and health insurance is a shambles because in the hospitals, the main actors are locked in a psychopathological, steeply sexist sado-masochism, with doctors playing sadist and nurses playing masochist. As a matter of fact, thats starting to be true for the whole of the rapidly sickening U. S. economy, with employees playing masochist and employers, especially CEOs and investors, playing sadist. Check out the film Up in the Air starring George Clooney. DLR set to be hit by strikes following RMT ballot, 1/12 The Wharf via whart. co. uk LONDON, England -. The ballot was called by the RMT over a number of issues it claims to have with Serco Docklands, who operate the rail service. These include failure to consult over redundancies, failure to consult and the imposition of new pension arrangements, failure to consult over the introduction of new grades and a claim for a 35 hour week. RMT general secretary Bob Crow said: This ballot shows we mean business. - see whole article under todays date. Unions promise no 60 hour work week for Russia, 1/13 The Voice of Russia in New York via english. ruvr. ru MOSCOW, Russia - The Independent Trade Unions Federation of Russia ITUFR promises not to allow an increase in the duration of the working week from the current 40 to 60 hours . - see whole article under todays date. The best defense is an offense, and the ITUFR should be demanding a 35-hour workweek to match France and create more market-demanded jobs and generate more domestic consumption. BONUS clip - Germanys economy grew 3.6 in 2010, its strongest increase since reunification, but some question whether this pace can be sustained, 1/13 WSJ, A1 pointer to A8. Who cares Everyone else is barely growing at all With Kurz-arbeit (worksharing ), Germany has kept more of its workforce employed and more of its consumers consuming than anyone anyway, so Germany will have an easier time sustaining anything than anyone anyway . Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U. S. in this recession and thousands of times a day across the world in both public private sectors, in every industry, and in a variety of ways. Many countries and U. S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Heres what their permanent program will look like when they finally succumb to the inevitable. Today, sun-tue, 1/09/11--1/11/11 while the Great Depression replays as the great recession, and lest you think its going away by itself, we give you first a dose of - doom du jour tm todays headlines from hell tm (archives ) - face the bad news here in the context of a sustainable solution (see hope du jour below) - - editors comments in square brackets ndash editor: Phil Hyde ecdesignryahoo. ca - looting - and layoff-triggering MERGERS in the news (archives) - Mergersacquisitions (MAs) provide a last resort for incompetent CEOs a highway to monopoly - Managements economy-shrinking merger skills need replacement by economy-growing workspreading skills - Buy instead of build market share - See overlap lay off more of your customers customers a suicidal joke - Real CEOs dont do MAs - MA rush for deals as recovery ourquotes gains pace . 1/11 Financial Times, FT1. Hey, with enough mergers, overlap and consequent smartsizing, we can destroy even the illusion of recovery Dupont said it agreed to but Danish food-ingredients maker Danisco for 5.8 billion, part of a strategy shift by the U. S. company . 1/10 Wall St Journal, A1 pointer to B1. Yeah, from sustainable to suicidal Its always further fields are greener instead of investing in your own foundational consumer base, via the wages of your own part of the employment basement. Even Henry Ford didnt pay his people 5 bucks a day out of the goodness of his heart - it was actually a successful bid to forestall unionization. Labor shortage is the only thing that harnesses market forces and gets CEOs to raise wages and consumption and quit vacuuming money out of their consumer base for the sake of their dysfunctional pecking order, And the only way to get that playingfield-leveling labor shortage without losing potential consumers to plague or war is. change overtime into jobs and resume our 1840-1940 hours-cutting overtime-increasing process. spiraling ECONOMIC DECLINE via funnel-up (archives ) - solved by war. or smarter, timesizing - Downturns ugly trademark: Steep, lasting drop in wages . 1/11 Wall St Journal, A1. Congresswoman Gabrielle Giffords critical, 6 dead in Tucson rampage . by Tang Myers, 1/09 Boston Sunday Globe, A1. And so we move through Orlovs stages of collapse: economic, political, social. TUCSON, Ariz. -..Claude Dupnik, the Pima County sheriff, said..When you look at unbalanced people, how they respond to the vitriol that comes out of certain mouths about tearing down the government, the anger, the hatred, the bigotry that goes on in this country is getting to be outrageous. And unfortunately, Arizona, I think, has become the capital. We have become the mecca for prejudice and bigotry.. Maybe more Arizonans should visit their beautiful Grand Canyon, and take a lesson from the people of peace, the Hopis, who live on three mesas in northeast Arizona. The Tucson office of Giffords was vandalized a few hours after the House voted to approve the health care law in March. In an interview after the vandalism, Giffords referred to the animosity against her by conservatives. Palin listed her seat as one of the top targets in the midterm elections because of the lawmakers support for the health care law. For example, were on Sarah Palins targeted list, but the thing is..she has it depicted with the crosshairs of a gun sight over our district. When people do that, they have to realize that there are consequences to that action, Giffords said in an interviewe with MSNBC. Of course, now weve defunded all the halfway houses and mental health facilities, and turned all these people out onto the streets. And then theres - Climate of hate - What is happening to America op ed by Paul Krugman, 1/10 NYT, A19. . Last spring Politico reported on a surge in threats against members of Congress, which were already up by 300. Its the saturation of our political discourse - and especially our airwaves - with eliminationist rhetoric that lies behind the rising tide of violence. Its coming, overwhelmingly, from the right. Colleague Kate says, why not call it, more directly, assassinationist rhetoric This is how Hitler rose to power and its probably a function of the income gap and the class war the wealthy of America, unrestrained by labor shortage, have declared on their fellow citizens while, of course, blaming them for starting it. A right to bear Glocks op ed by Gail Collins, 1/10 NYT, A19. . Loughners gun, a 9-millimeter Glock, is..not suited for hunting or personal protection, said Paul Helmke, the president of the Brady Campaign to Prevent Gun Violence. What its good for is killing and injuring a lot of people quickly. America has a long, terrible history of political assassinations and attempts at political assassination. What we did not have until now is a history of attempted political assassination that took the lives of a large number of innocent bystanders. Like Giffords was guilty The difference is not about the Second Amendment. Its about a technology the founding fathers could never have imagined. We should be able to accommodate the strong desire in many parts of the country for easy access to firearms with sane regulations of the kinds of weapons that make it easiest for crazy people to create mass slaughter. Most politicians wont talk about it because theyre afraid of the N. R.A. whose agenda is driven by the people who sell guns and want the right to sell as many as possible. Maybe when they get more afraid of the Glocks, theyll get the guts to defy the N. R.A. and the gun sellers. That guy who called the big one. . by Joe Keohane, 1/09 BSG, B9. In 2006, a somewhat obscure economist, Nouriel Roubini, said the United States was about to get hit with a ghastly housing bust. The price of oil was about to skyrocket, and a particularly nasty recession was on its way, bringing with it untold ruin and misery for citizens, bankers, and businesspeople all over the world. The prophecy was dismissed initially as the mutterings of a pessimistic crank. A year later, he was proved right beyond all doubt. except for that bit about misery for bankers. Big consultant payouts hint insider problem will broaden . 1/10 WSJ, A1 col.3. Big payments to some consultants charged in an insider-trading case.. . 1/10 WSJ, A1:1 pointer to A1:3. . indicate they may have talked with dozens of hedge funds, suggesting the investigation could widen. hope du jour tm ndash TIMESIZING instead of downsizing in the news (archives ) - Google Search newsclips of what the worlds doing thats on the right track - heres our latest ranking of leading countries - the core solution is so obvious, nobodys noticing it - usually its just one item on a list - few yet realize its the ink paper of the list itself - its our closest candidate to a single all-sufficient control and despite dismissal by the experts, its reinvented thousands of times a day in every downturn by businesses governments, for ex.,Washington States video on replacing downsizing with timesizing alias shared work - Cut in yearly working hours, 1/09 (1/10 acr. dateline), english. donga SEOUL, South Korea -. In July, Korea will introduce the 40-hour workweek down from 44 to companies employing five to 19 people. The rule, which began with workplaces with more than 1,000 staff in 2004 under the Roh Moo-hyun administration, will be expanded to some 300,000 offices and 2 million workers . - see whole article under todays date. Tackling U. S. Unemployment: The 80 Solution, guest post by Juliet Schor, blogs. worldwatch. org/greeneconomy finders credit to Dianne of Ottawa-Hull BOSTON, Mass. . At the beginning of the 1980s, there was a sharp worldwide downturn, and Western Europe was hard hit. The Netherlands took an especially pro-active stance, opting for stable real wages and declining hours of work in order to get people back to work. New government employees were hired at 80 of a full-time schedule. In the Netherlands, part-time work is the new full-time . - see whole article under todays date. Cut Hours Dont Close Postal Facility, 1/10 Fort Smith Times Record via swtimes FORT SMITH, Ark. -. Perhaps an hourly reduction by most employees, or a few hours a week by some employees would solve a budget problem. A reduction of just 5 percent per employee could be justified in place of reduction in force and possible transfers from the Fort Smith area . - see whole article under todays date. Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U. S. in this recession and thousands of times a day across the world in both public private sectors, in every industry, and in a variety of ways. Many countries and U. S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Heres what their permanent program will look like when they finally succumb to the inevitable. less strategic GOOD NEWS about miracle CEOs (archives ) - We all own the Constitution - Why should liberals or independents cede the meaning of the nations founding document to a hostile ideology . op ed by Renee Loth, 1/08 Boston Globe, A11. . James Madison, the father of the Constitution. believed the federal government ought to prevent a widening gap between rich and poor, passing laws to raise extreme indigence towards a state of comfort, and reduce extreme wealth.. Tom White, 90 built fortune as a builder and gave it away - Im sorry I dont have more money to give away (2004 Globe interview) . by Bryan Marquard bmarquardglobe, 1/08 Boston Globe, A12. . Tracy Kidder..said, ..He was really deeply upset by the unfairness of the world and its grotesque disparities.. He revived the family construction business his father had let languish. Gradually, he turned his attention to philanthropy and stopped spending time with others as affluent as he. With them, he told the Globe in 2004, its all about me, me, me.. Well, judging from the state of the U. S. economy, charity isnt much better. Its high time that deeply upset CEOs got strategic and backed immediate worksharing and long-term timesizing so we can all move on to the next (lighter) family of megaproblems - our present ones are getting b--o--r--i--n--g. Vital signs - The number of young people in China is falling . 1/10 WSJ, A1 graph caption. Good - thats the only way to solve overpopulation. Their strategy of One Child Per Couple sure wasnt the best or free of negative side effects but they were desperate and it was the simplest and despite all the objections and problems, this is the first weve heard that ITS WORKING. The fact that a large majority of Chinas fewer young people are boys, though itself a result of poverty-induced sexism (a boy seems to offer couples more old-age security), will help reduce their huge overpopulation even faster, Today, fri-sat, JAN.07-08/2011 while the Great Depression replays as the great recession, and lest you think its going away by itself, we give you first a dose of - doom du jour tm todays headlines from hell tm (archives ) - face the bad news here in the context of a sustainable solution (see hope du jour below) - - editors comments in square brackets ndash editor: Phil Hyde ecdesignryahoo. ca - A DELUGE OF DISABILITY disability in the news (archives ) - so-o-o unnecessary with the shorter workweeks of the timesizing program - Vital or morbid signs - In a difficult job market, more people have opted to go on long-term disability.. . 1/07 WSJ, A1 graph caption. . There were 2.94 million applications to the Social Security Disability Inprogram last year, up from 2.82 million in 2009 and 2.32 million in 2008. About half of all applicants are eventually awarded benefits disability-benefit recipients rarely re-enter the work force. The only thing disabling America is a fossilized workweek, deep-frozen since 1940 instead of adjusting automatically against un-(der)employment to guarantee full employment and consumer markets (still 70 of the shrinking economy) downsized by kamekazi CEOs bent on increasing the population and the workweek while decreasing the jobs and public services. America the Disabled. spiraling ECONOMIC DECLINE via funnel-up (archives ) - solved by war. or smarter, timesizing - US near default, Geithner warns . 1/07 Boston Globe, B9. He should know - he stood by and watched quietly while we built up to this, and maybe greased its path a bit. As Bill Black, former SL cleaner-upper pointed out on Bill Moyers show two years ago, Americas banking industry stinks like an unburied corpse. Meanwhile, Canada kept its banks regulated so Toronto Dominion (TD) is seen on downtown corners throughout New England (including on the Boston Garden). And as for Europe, which the Wall St Journal is always trying to paint as more troubled than us, we have this in the article right above - Confidence rises in Europe about economic outlook - Germanys gains boost region - The euros slide against the dollar over the past year has helped fuel European exports . 1/07 Boston Globe, B9. The Dow industrials lost 25.58 points, or 0.2, to 11697.31 as retail and telecom shares sagged and eurozone debt worries resurfaced . 1/07 Wall St Journal, A1 pointer to C5. on Thursday and then again the next day - The Dow industrials fell 22.55 points on Friday to 11674.76 . 1/08 WSJ, A1 pointer to B13. . The number of jobs created fell short of the tally needed to bring about a sustained labor recovery. (B13) And since labor supplies money to the consumer base and the consumer base constitutes 70 of the economy, no labor recovery, no economic recovery. Vital signs - In a difficult job market, more people have opted to go on long-term disability . 1/07 WSJ, A1 graph caption. . There were 2.94 million applications to the Social Security Disability Inprogram last year, up from 2.82 million in 2009 and 2.32 million in 2008. About half of all applicants are eventually awarded benefits disability-benefit recipients rarely re-enter the work force. America the Disabled. Whats Pres. Barak Mr. Hope Obama doing about it - President revs up campaign to make peace with business - Mr. Obama is now seeking the help of businesses to create jobs.. . 1/07 WSJ, A1. Ah, arent businesses the ones that are still downsizing more jobs than hours. Take a lesson from Republican Pres. Hoover in 1932 in the depths of this same problem 80 years ago (and apparently weve learned nothing since then): The quickest way to create jobs is shorter hours. But he didnt realize how central, urgent, comprehensive and sustainable this strategy is and neither does Obama. Meanwhile - Weak hiring casts a cloud - Unemployment rate drops sharply to 9.4 temp holiday jobs but pace of hiring too slow for sustained improvement . 1/08 WSJ, A1. and - For long-term jobless, the wait goes on . 1/07 WSJ, C1. Meanwhile, in the investors isolation tank - Investors are warming to technical companies, raising concerns that the froth in the market may echo the early 2000 dot-com craze . 1/08 WSJ, A1 pointer to B1. Bubble Formation Alert hope du jour tm ndash TIMESIZING instead of downsizing in the news (archives ) - Google Search newsclips of what the worlds doing thats on the right track - heres our latest ranking of leading countries - the core solution is so obvious, nobodys noticing it - usually its just one item on a list - few yet realize its the ink paper of the list itself - its our closest candidate to a single all-sufficient control and despite dismissal by the experts, its reinvented thousands of times a day in every downturn by businesses governments, for ex.,Washington States video on replacing downsizing with timesizing alias shared work - Vermont To Implement State Government Hiring Freeze, 1/07 Gov Monitor via thegovmonitor MONTPELIER, Ver. -..A voluntary reduced work week for state employees, allowing them to opt for a shorter work week, subject to management approval, while still ensuring overall departmental quality service levels. Employees would not lose health benefits under the arrangement. A conservative estimate of savings from this step is 2 million in General Funds . - see whole article under todays date. Couriers urged to speak up over working hours, 1/08 (1/09 acr. dateline) Radio New Zealand via radionz. co. nz WELLINGTON, N. Z. - The New Zealand Transport Agency is encouraging couriers to speak up if they have concerns about excessive working hours. A courier, Nathan Dodkin, was killed in a collision with a truck in Taranaki on Thursday. The National Distribution Union says owner-operators are being forced into unfair contracts which lead to dangerously long hours on the road . - see whole article under todays date. Industry struggles to rebuild, 1/07 Albany Democrat Herald via democratherald ALBANY, Ore. -..OConnor said larger companies often kept employees but cut hours as production increases, he said, those companies will likely restore hours for those workers before hiring . - see whole article under todays date. Why is hiring at snails pace as profits surge 1/08 (1/09) NYT via St. Petersburg Times via Tampabay WASHINGTON, D. C. -..Corporations are taking huge advantage of the slack in the labor market they are in a very strong position and workers are in a very weak position. They are using that bargaining power to cut benefits and wages, and to shorten hours. That strategy, Lachman said, serves corporate and shareholder imperatives, but very much jeopardizes our chances of experiencing a real recovery. . - see whole article under todays date. Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U. S. in this recession and thousands of times a day across the world in both public private sectors, in every industry, and in a variety of ways. Many countries and U. S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Heres what their permanent program will look like when they finally succumb to the inevitable. Today, wed-thu, JAN.05-06/2011 while the Great Depression replays as the great recession, and lest you think its going away by itself, we give you first a dose of - doom du jour tm todays headlines from hell tm (archives ) - face the bad news here in the context of a sustainable solution (see hope du jour below) - - editors comments in square brackets ndash editor: Phil Hyde ecdesignryahoo. ca - looting - and layoff-triggering MERGERS in the news (archives) - Mergersacquisitions (MAs) provide a last resort for incompetent CEOs and a highway to monopoly - Managements economy-shrinking merger skills need replacement by economy-growing workspreading skills - Real CEOs dont do MAs - Qualcomm is in advanced talks to buy chipmaker Atheros, which has a market capitalization of about 3.08 billion . 1/05 Wall St Journal, A1 pointer to C1. growth-choking DOWNSIZING in the news (archives ) - all reversible by a shift to timesizing - 2 chains sharpen their axes - BJs will shed 500 jobs, close five stores, reorganize managers ranks - Grocer Shaws mum on how many workers five closings will affect . 1/06 Boston Globe, B7. ..The United Food and Commercial Workers Union, Local 721. said it has about 300 union members in..the New Bedford and both Rhode Island stores. Some may be shifted to other union stores, based on seniority... The other Massachusetts locations are in..Stoneham and Revere. MAKEWORK: too little, too late, too artificial, too arbitrary, too military, too eco-stressing in the news (archives) - all unnecessary with full employment via temporary worksharing permanent timesizing - U. S. boosts Afghan surge - Pentagon plans to send 1,400 extra marines to supplement spring campaign . 1/06 Wall St Journal, A1. BANKRUPTCY tsunami in the news (archives ) - staunched only by risky war or safe timesizing - The Milwaukee archdiocese filed for Chapter 11 as it faced sexual-abuse suits . 1/05 Wall St Journal, A1 pointer to A2. Job insecurity has been pushing a lot of people into the church who should never have been there. spiraling ECONOMIC DECLINE via funnel-up (archives ) - solved by war. or smarter, timesizing - New formula finds more Americans in poverty - Health costs push tally to 47 million . by Hope Yen shes not kiddin, 1/06 AP via Boston Globe, A1. WASHINGTON, D. C. -. 1 in 6 Americans - many of them 65 and older - are struggling in poverty due to rising medical care and other costs. Under a new revised census formula, overall poverty in 2009 stood at 15.7m ir 47.8 million people. Ah, woundnt that round to 48m, not just 47m as in headline Thats compared to the official 2009 rate of 14.3, or 43.6 million, that was reported by the Census Bureau in September. Despite some good news, the rally pauses . 1/05 Boston Globe, B8. Good news like what Well theres this at the bottom of the page - Stronger consumer demand 70 of the economy means businesses ordered more from factories in Nov. . 1/05 Boston Globe, B8. Supports the thought that attention anywhere else (eg: exports) for recovery is a relatively trivial distraction. And yet, CEOs are bashing their own customer base right and left and turning around and wondering why its weakening. See our Makework section on 1/04 below for example and heres another example of the weakening - U. S. album sales continue decline . 1/06 WSJ, B1 pointer to B4. And another example of soaking cxonsumers (not to mention converting graduated income taxes into sales taxes) - Bank of America testing fees in Mass. - Lender seeks revenue from checking accounts . 1/06 Boston Globe, B7. Whats going on here The general picture was painted in the Wall Street Journal the previous day - Banks are looking at new ways to raise fees on basic products like debit cards, ATMs and checking accounts as regulations curtail other charges . 1/05 WSJ, A1 pointer to C1. Like the other fraudulent and extortionate charges bankers have been dreaming up over the last few decades, like all the little extra fees on mortgages and like creditcard monthly late fees with short grace periods instead of the single annual card fee in the past - all to support their grotesquely overpaid CEOs Werent ATMs supposed to reduce costs and fees And now these geniuses want to impoverish their non-wealthy customers even further With various domestic markets collapsing along with our fisheries, our super-rich bankers are looking for quick ways to maintain their huge payperks no matter what it does to their customer base. Honestly, if politicians cant soak the rich cuz the rich now own them, the private sector is going to have to devise ways of doing it, because no one else has any money. And still the super-rich cant understand why they should pay any higher fees than the homeless (like, to get their billions back into circulation. ). Want to do it by market forces OK, then cut the workweek to level the playing field between employees and employers and leach the trillions out of the black hole of uncirculating money around the richest 30,000 Americans. The workweek is completely arbitrary anyway, and unlike the workforce, can be downsized any amount with no adverse effects or additional stress to the economy, except to managers who will need actual management skills, for example, to keep employees who will then have job choices, and for example, to suture ever shorter shifts - but managers themselves will have shorter shifts as well so they can rest up for the challenge. Jobless rate highest in Californias Inland Empire and Las Vegas . by Phil Izzo, 1/05 Wall St Journal, A7. . highest among the largest metro areas in November at 14.3 . Bureau of Labor Statistics. Food prices surge, lifting unrest fears . 1/06 WSJ, C1 target article. A prominent indicator of international food prices hit a record in December, signaling looming threats to the worlds poor and to global growth . 1/06 WSJ, A1 pointer to C1. Shaming property owners to action - Webster MA desperate to ease blight of abandoned houses . 1/05 Boston Globe B1. And exactly how is shaming going to get people with NO MONEY to fix up their houses hope du jour tm ndash TIMESIZING instead of downsizing in the news (archives ) - Google Search newsclips of what the worlds doing thats on the right track - heres our latest ranking of leading countries - the core solution is so obvious, nobodys noticing it - usually its just one item on a list - few yet realize its the ink paper of the list itself - its our closest candidate to a single all-sufficient control and despite dismissal by the experts, its reinvented thousands of times a day in every downturn by businesses governments, for ex.,Washington States video on replacing downsizing with timesizing alias shared work - Layoff-avoidance program sets new record for saving jobs, 1/06 Nisqually Valley News via yelmonline OLYMPIA, Wash. - More than 32,000 Washington workers kept earning a paycheck in 2010, thanks to the Employment Security Departments Shared-Work Program thats up from the record 22,000 saved jobs in 2009 . - see whole article under todays date. Mayor doesnt like new four-day city work week, 1/06 LasVegasSun LAS VEGAS, Nev. -. Goodman said the decision the city council made to approve the four-day work week was made with two promises. One, when the economy improves, the city can unilaterally re-establish a five-day schedule for City Hall employees. And two, the City Hall administrative staff will be on call on Fridays, with the public community centers and facilities still open and available to the public . - see whole article under todays date. Numbers signing on Live Register rose in December, 1/06 IrishTimes DUBLIN, Ireland -. The number of people on the Live Register US: welfare who are part-time workers has grown strongly over the last year as firms cut hours worked to avoid redundancies . - see whole article under todays date. Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U. S. in this recession and thousands of times a day across the world in both public private sectors, in every industry, and in a variety of ways. Many countries and U. S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Heres what their permanent program will look like when they finally succumb to the inevitable. Today, sun-tue, JAN.02-04/2011 while the Great Depression replays as the great recession, and lest you think its going away by itself, we give you first a dose of - doom du jour tm todays headlines from hell tm (archives ) - face the bad news here in the context of a sustainable solution (see hope du jour below) - - editors comments in square brackets ndash editor: Phil Hyde ecdesignryahoo. ca - MAKEWORK: too little, too late, too artificial, too arbitrary, too eco-stressing in the news (archives) - all unnecessary with full employment via temporary worksharing permanent timesizing - A self-checkout way of life - Stores add aisles, scanners and phone apps to encourage customers to pay on their own . 1/04 Boston Globe, A1. Then theres this odd development of making more work for customers unpaid work slavery. Passing more and more time-costs onto customers and then wondering where why consumer markets are weakening - while CEOs vacuum more and more of M1, the money supply, into their investment portfolios because of the labor surplus and the 5000 desperate resumes flooding in for every five job openings. What have modern CEOs pushed onto customers Travel agenting, bank tellering (ATMs). supermarket checkout, gas station pumping and paying, corporate telephone receptioning (robot receptionists). BANKRUPTCY tsunami in the news (archives ) - staunched only by risky war or safe timesizing - Personal bankruptcies in the U. S. topped 1.5 million last year, rising 9 from 2009 as more households buckled under debt loads . 1/04 Wall St Journal, A1 pointer to A2. spiraling ECONOMIC DECLINE via funnel-up (archives ) - solved by war. or smarter, timesizing - Cheney is back. less fierce but vigorous - Heart pump ends political sabbatical . 1/02 Boston Globe, A8. Hes BA-A-ACK Just like Jason or Freddy Nightmare on Pennsylania Avenue. Public employees face wrath of strapped taxpayers - Union contracts criticized amid budget crisis . 1/02 Boston Sunday Globe, A5. Why arent strapped taxpayers raging against the super-super-super-super-superrich, who have been shedding taxes ever since wartime prosperity began to end with the end of World War II in 1945 (and totally ended around 1970 when the grown-up babyboomers restored the labor surplus of the Depression) Any rage against unions ends in a further shrinkage in the consumer base and marketable investment and sustainable investment. Any rage against the super X 3 super-rich ends in growth in the consumer base and marketable investment and sustainable investment. Pick one. Now the rich get richer quicker - The mythic land of equality has the largest income disparity of any Western nation . 1/03 Boston Globe, A9. Bank of America paid Fannie Mae and Freddie Mac almost 3 billion to cover bad mortgages the agencies purchased from the banks Countrywide Financial unit . 1/04 Wall St Journal, A1 pointer to C1. Treasurys fell as optimism about the U. S. each lured many insulated investors into riskier assets . 1/04 WSJ, A1 ptr to C9. Check our bankruptcy item above for a corrective to this cockeyed optimism. Gold inches up to another high 1422.60/troy oz. . 1/04 WSJ, C10. the chief of the Crisis Commodities or Meltdown Metals. Some CEOs face big repair jobs in 2011 . by Joann Lublin, 1/04 WSJ, B6. Most chief executives are entering 2011 with big decisions to make - especially how to revive sales. Duh, lets see. Sales require customers. Customers require money. Money requires pay. Pay requires jobs. Jobs require downsizing the workweek instead of downsizing the workforce and the consumer base and marketable productivity and sustainable investment. Deep-water drilling in the Gulf of Mexico could resume within weeks under a policy announced by the Obama administration. . 1/04 WSJ, A1 pointer to A3. hope du jour tm ndash TIMESIZING instead of downsizing in the news (archives ) - Google Search newsclips of what the worlds doing thats on the right track - heres our latest ranking of leading countries - the core solution is so obvious, nobodys noticing it - usually its just one item on a list - few yet realize its the ink paper of the list itself - its our closest candidate to a single all-sufficient control and despite dismissal by the experts, its reinvented thousands of times a day in every downturn by businesses governments, for ex.,Washington States video on replacing downsizing with timesizing alias shared work - Reducing Unemployment in the New Year, 1/03 Huffington Post (blog) via huffingtonpost HERNDON, Va. -..One direct solution to putting more Americans to work..is expanding workplace flexibility to reduce unemployment by reducing working hours. Reducing the workweek to 30 hours from 40..would increase the number of employed by 30. That is 30 more jobs. Why would cutting hours 25 increase employment more than 25 Modification of the existing business tax credit for hiring new employees could include incentives for reduced hours. Tax credits could apply to companies that would hire the currently unemployed and those with employees at risk of being laid-off or who prefer a reduced workweek. A reduction in working hours can be prorated across the number of hours in a week or days worked in a year . - see whole article under todays date. U. S. experience 1840-1940 has a lot to teach here, as well as French experience 1997-2001 and South Korea 2004-2011. German Unemployment Unexpectedly Rises In December, 1/04 RTTNews LONDON, U. K. -. The rise what rise, UE is steady at 7.5 may raise fears that the resilience of the German labor market might be fading as a result of support from the Governments Kurzarbeit worksharing subsidy scheme beginning to expire, Capital Economics economist Ben May said . - see whole article under todays date. Germany has used Kurz-arbeit to save its employment basement, its consumer base, its marketable productivity and its sustainable investment. Theres no way its labor market is fading. Ben MAY be a Chicken Little - generally, anglophone economists LOVE spinning worksharing as problematic cuz they have ignored or even ridiculed it for so long. Capitalism and DegrowthAn Impossibility Theorem, 1/02 MonthlyReview. org EUGENE, Ore. -. rather than dealing with the unemployment problem directly. degrowth theorists prefer to emphasize shorter working hours . - see whole article under todays date. Facts or Fallacies Part III: Combinations, Murder and the Primordial Lump, by Tom Walker, 1/04 Benzinga VANCOUVER, B. C. Canada -. My intention in Part III is not to refute the fallacy claim. I believe I did that sufficiently in Why Economists Dislike a Lump of Labor and The Lump-of-Labor Case Against Work-Sharing . - see whole article under todays date. Shorter hours are happening anyway, but not the best way. The argument that work is infinite because human desires are infinite ignores the absence of infinite money to satisfy those desires or pay for that work AND ignores the increasing scarcity of good 40-hr/wk jobs to maintain wages and spending in the age of robotics. Thus, shorter hours is a strategy that is being reinvented hundreds of times a day across the U. S. in this recession and thousands of times a day across the world in both public private sectors, in every industry, and in a variety of ways. Many countries and U. S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Heres what their permanent program will look like when they finally succumb to the inevitable. Questions, comments, feedback Phone 617-623-8080 (Boston) or email us. Return to Top Return to Home PageCTA Trading Desk Morning Report 7:00am ET Good morning, Geoff here. Here is the Gold chart from yesterday in Candlestick form: You can see that yesterday8217s bar was a Spinning Top that closed right on the Fibonacci retracement. That shows that there was indecision in price movement as neither bulls nor bears could move price in their direction. Often, these types of bars lead to a price reversal. I8217m not saying that this is the bottom, but as I mentioned yesterday, it could very well be close at hand. Should price drop below the November lows, bears are back in charge. Have a great trading day Here are the 7:00am ET snapshots of the latest equity market trading results for Europe, and futures prices plus 5-minute charts of the futures for SampP 500, 30-year US Treasury Bond, US Dollar index, Gold and Crude Oil. Consider I did I8217m 1/8th American Indian 8211 pretty brutal stuff on both sides and a matter of history but they were bound to be taken over by someone sooner or later. What is the point of telling all Americans their worthless, no one listens to them and they elect garbage to manage themselves over and over and8230 I8217m under the impression this is what is taught in our ignoble public schools. The only answer offered was to go out into the street and protest Personally I8217ll sit at home and pray for our leaders and take care of my hellip Read more December 6, 2012 9:18 pm NY federal judge may reverse the gov8217t bailout and make the 8216good8217 GM pay off the 30B owed by the 8216bad8217 GM to the public. Killing GM would normalize the global auto industry8217s chronic unit over production but unemployment would soar. Ah, Mr. President 8230 that Volt car-of-the-future thing 8230 I personally dislike GM culture and would load up the truck on better automakers if this were allowed. December 6, 2012 9:16 pm One of my few specific recommendations to track. up 14 since elections, and a lot more since last yr. beat after hours, raised 2013 guidance, announced buyback. But be careful as swhc has seen deep retracement after the initial earnings pops. 11 was a big hurdle to get through. let8217s see if it sticks. Guns, gold, ammo. timing 8220Trade location8221 is everything December 6, 2012 9:13 pm Dave Rosenberg says: 8220The process of a secular rise in the US personal savings rate and the dampening effect this will have on aggregate demand will be incredibly deflationary for some time. While fiscal stimulus indeed cushioned the blow, the current reality is one of restraint, at a time when the output gap is closer to 6 8211 where it normally is in periods of deep recessions, not year-four of an expansion.8221 advisorperspectives/newsletters12/bigpi8230 I personally think that we will see waves of deflation / inflation (as the CBs grapple with the economies of the world)- until we are all broke hellip Read more December 6, 2012 9:12 pm Disclaimer: billcara is a website published by Greenfield Capital Inc and neither Greenfield Capital nor billcara is a registered broker-dealer or a registered investment adviser. You understand that this web site and its content is furnished for non-commercial, informational purposes only, and that no mention of a particular security in this website constitutes a recommendation to buy, sell, or hold that or any other security, nor any particular portfolio of securities, transaction or investment strategy as suitable for any specific person. Information regarding trading and investment as provided by this website is not tailored to the investment needs of any specific person. Greenfield Capital and billcara services will not advise you personally concerning the nature, potential, value or suitability of any particular security, securities portfolio, transaction or other matter. You acknowledge that you are responsible for your own financial decisions and should seek a registered agent depending on your own risk tolerance to advise you on your personal trading activities. Greenfield Capital Inc Suite 1801, One Yonge St, Toronto Canada M5E1W7 Copyright copy Billcara 2016. Reproduction without written permission is forbidden. Website designed by MRC designMarc Authier says: Kicking out the gangster from the IMF, the CIA and George Soros out of Kyrgystan. Conter revolution has started. Anyways USA has no business meddling in Central Asia. What do these yankees know anyways about Central Asia. It8217s about US military bases that are jeopardy since the local CIA/Soros dictator has been toppled. US dictators or Russia dictators. I see less and less any difference. so now the smart money will go all in. pensions and bonds will crash. gonna get hot very soon. thanks max and stacy. Marc Authier says: Gat ta getta a GATA membership and contribute. What a courageous bunch. Like you two. Marc Authier says: Counting on my pension. A bowl of porrage in the mornig with nuts and sliced kiwis, a bowl of rice with little pieces of chicken or fish, and for supper a big pea soup with a slice of black bread. Don8217t count on your pension. The IMF/Goldman bastards will steal everything like in Greece. Nothing letf in the piggy bankster bank. Nothing left. 141 per month. That8217s about what will be the average buying power of a pension check in the US and the rest of G7. Marc. just read basil 3 will be a tax on banks. lucky bankers at the IMF. Marc Authier says: Tax on banksters with that puppet Obama and a whore like Gordon Brown. Ah It wil probably be 0,00000000000000025. Anywaw Ronron, guess who will paying the tax. Just guess. The only solution is removing their privileges on money creation. END THE FED. And end all central banks. frances snoot says: Did anyone ever indicate that India took physical possession of the IMF gold Isn8217t this a reboot mechanism for sdr allotment/use as Soros indicated Where8217s the tipping point Comex frances snoot says: 8220As long as the renmibi is tied to the dollar, I don8217t see how the decline of the dollar can go too far.82218211Soros 8220It8217s time for a change. The Chinese yuan is now the third most important currency in the world 8230 arguably more important than the (Japanese) yen, depending on how you measure it,8221 Mundell told a news conference in Hong Kong. 8220I believe that in 2010, the yuan should be added to the SDR.8221 Marc Authier says: Nothing better thab a LSD Gordon Brownie. Stability in total mediocrity and total corruption. What a fantastic choice. Just wait after the election you British slaves. You are going to get it in the whaaazooo either ways. Marc Authier says: Marc Authier says: And these crooks from New-York and the City call it 8220free markets8221. You can mention also the the FIRST victims are third word countries in Africa and South-America. And the bastards from the IMF that are supposed ther to 8220help8221 poor countries are part of the racket. Paper creates ficticious abundance of everything. That8217s the way USA and the West exploits the third world countries. It8217s not just true for gold and silver. It8217s true for all of the CRB and commodities. frances snoot says: Bonn: Who said the IMF doesn8217t have gold Marc Authier says: Not just precious metals. It8217s the same thing in other commodities. Marc Authier says: Snoot No. They have gold plated tungstene bars. My neighbour across the road from me was found dead this morning in his back garden by his family. He had hung himself during the night. He was a friend of the family and we know he was heavily in debt, his wife just got out of the hospital weeks ago after having a stroke. They have 8 children and the youngest are the cutest you ever saw. He was the most devoted father always coming and going from work, he always insisted to cook every meal his children ate and do everything else for them. His children loved and adored him to a fault and they are screaming and throwing themselves against the walls as I write this. I thought i would post this because it is still financial news of a sort I suppose. Snoot Tis Guy wanted to buy IMF Gold tey said no was it Physical Gold or whats tat called EFT Gold. tat he was after frances snoot says: Bonn It8217s because he forgot to say, Mother May I. clareswinney. wordpress/2010/04/05/germany-latest-victim-of-phony-gold-bar-scam/ Now what Germany Latest Victim Of Phony Gold Bar Scam April 5, 2010 Amid international accusations that U. S. officials in the Clinton administration replaced gold in Fort Knox with phony, mostly tungsten bars that were later shipped to China and other places yet unknown, a German refinery has now discovered that it has received a bogus gold bar as well. Marc Authier says: Unilimited ficticious offer of a commodity to STEAL all countrie producing and dependent on commodities. No wonder that agriculture and mining is rotten sector. CFTC gangsters. Why go in agriculture or in mining when you know fucked up markets are. It8217s automatically a losing proposition. You use the ficticious paper to systematically steal and plunder all surpluses without almost any risk. The trick is just increase the quantity of paper commodity to hammer down the prices at ridiculous levels. Great job at explaining how it works. Poor farmers and miners. I am not sure that these industries understand what8217s going on for many decades. All this rhetoric is of course part of the insidious process of conditioning the mind to the inevitable 8220change8221,.all the politicians over the planet are trumpeting. It8217s quite comical really,.how no-one catches on day by day. week by week,.month by month,8230and hey presto. a completely new culture Marc Authier says: You just increased my hatred of bankers by 1,000,000,000,000,000 I get it. One fantastic interview indeed. GATA denounces the manipulation in the gold and precious market. But I am convinced that the same things are going on in all the commodity pits. No wonder that people seem uninterested investing in agriculture and commodities. The whole CRB complex is rigged that way. That8217s why nothing will change. Max,.Did you say the Japanese population is declining at a faster rate than the rest of the world And nobody seems to notice. nobody seems to care. zzzzzzzzzz bobchapman. blogspot/2010/04/scotia-bank-vaults-found-empty-of-gold. html Thursday, April 8, 2010 Nova Scotia Bank vaults found Empty of the Gold and Silver bars they Claimed to have Now whats the Price of Gold Bonn Marc Authier says: Japanese are very racist people. Immigration in Japan. ZERO. It8217s a monstruous problem. By 2050 Japan population will be cut by half What8217s funnier with Japan is that the debt levels are astronomic. No youngsters to pay the debt in the future. Ah well no pension funds there too. A bowl of rice, shut up and hurry dying. These riggings may sound useful for gold and silver. But if they contribute killing agriculture, people will starve to death. Banksters are after all eugenist nazis. I am not surprised. Agriculture because of these scandalous manipulations has been underinvested for at least 40 years. France for example lost last year 200,000 hectares of good agricultural land. Guess why. It8217s a way to steal without nobody noticing. The most violent robbery is stealing agriculture. The CFTC is effectively a criminal organization. robbie robertson says: Bonn So whats the real price of Gold The real price of gold would be the current price adjusted according to the SSI of John Williams of shadowstats. He stated that the price of gold would be 7450. OTE49 really good programme Glossary of Gold Terms: Still feel we can come up with a better form of money Rather than a currency backed by Gold Hic If its actually at 7000 an ounce Blimey keep it I dont have tat kinda money and I most certainly wont by an Ounce of Gold wit it I8217d rather buy sometin else And if its really supposed to be 7000 an ounce Hows ya gonna buy sometin tats werth 250 Dollars devide tat ounce into 28 Gold leafs. frances snoot says: What. The real price of gold in DOLLARS Dedo Toes Lunatics Zbigniew Brzezinski amp rocker feller and ta likes assume Tey will be in Control of Energy Teys are so sadly mistaken In have tis Gut feeling Free energy exists Once one nation goes tat path Booom all tear 3rd grade Plans will go bust Tey just a bunch of twerps who Intermarried wit cousins to protect tear wealth which eventually lead them to dumb temselves down as familys Now ta only ting tat werks fer 8216em is Drills Drill one Drill 2 Lets go Live on tis Drill and sweep it under the carpet 9/11 Comission has a Gazillion holes in the report. One more stupid one fer tee twerps Why did ya shift the crime scene in truckloads to China witin weeks. I mean its ta biggest crime scene in History Tey too dumb to achieve anything IMO And we all know as soon as tees politicians Beurcrats and Illuminated like a X8217mas tree dimwhit illumanati likes (yas gotta have a 3rd grade mentality to call yerselfs illumanati) SPEAK we know its a Lie Period Dumb twerps carry on inter marrying - gt Soon we will just hafta tell 8216em take tis Cyanide pill its good fer yas or Yer God go jump of tat Cliff into ta Grand Canyon lolololol ROFL hic Tee main reason why tey have8217nt released free energy is the world Population would go outta control IMO Thank you Max and Stacy for a great show I love the way Max ties in the human suffering and deaths so callously caused buy these criminal syndicates serky Most heartfelt condolences for the loss of your friend His poor children I pray for them I wish he could have realized that as bad as things were, his children will be far worse off without him. poor things8230 soooo. all this chatter about physical gold merely being an illusion has that really impacted joe six packs life any i understand the reasons for illuminating the shortcomings of the so called financial system, but sometimes i feel like its a tree falling in a forest: does it make a sound if no one is around to hear it i commend max for his tireless efforts to bring actual capitalism back from the grave and demonstrating how those with the levers of power do not have our interests at heart. the concept of the public weal must have been thrown out with the bath water a long time ago. Youri Carma says: Gotto comment Mother Earth who was one of the first to report on the Phony Gold Cash Settlements here. If the Chinese drill their Gold Bars they gonna discover they8217ve been duped They don8217t read this so they gonna find out about in July 2010. Youri Carma says: Youri Carma says: Why is there this huge discrepancy between the value of gold and silver reported recovered, and the value reported to have been stored in the vaults There are a number of possible explanations, from outright theft using the attack as cover, to insurance fraud. Until there is a genuine investigation that probes all the relevant facts and circumstances surrounding the attack, we can only speculate. Youri Carma says: Mega Gold Quotes (just the beginning) William S. White june stipulated in 2005 head of the Monetary and Economic Department of the Bank of International Settlements in Basel one of the five main purposes of central bank cooperation is the provision of international credits and joint efforts to influence asset prices especially gold and foreign exchange in circumstances where this might be thoughtful. Australioan Central Bank 2003 foreign currency reserves and gold are held primarily to support intervention in the foreign exchange markets Greenspan in 1998, before Congress central banks stand ready to lease gold in increasing quantities, should its price rise. Head of the Dutch Central Bank (DNB), Formal Chairman of the BIS in Basel and member of the Counsel of Foreign Relations (CFR) Nout Wellink said to his colleques many times: 8221 A Central Banker can lie about two things Interest Rates and Gold8221 Youri Carma says: Youri Carma: 8220Gold manipulation simply is central banksters policy8221 These GATA guys are getting to me. This Maguire story is like 911. It just doesn8217t smell right. Maguire blows the whistle, gets hit by a car, and then disappears off the face of the earth and we learn nothing about the guy who hit him. Everyone has the same story 8211 no individual perspectives. And this guy Powell has no spirit in his speech 8211 like the fake seers who get bored after awhile. If this story were true, things would accelerate instead, there have been no discernible effects. So I8217m not buying it. So who can sue the IMF and in what jurisdiction to compel discovery of the alleged gold


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