THE NOTION THAT GOVERNMENT WORKERS WILL GET DEFINED BENEFIT PENSIONS FOR LIFE...
WHILE THE POOR ASSHOLES STUCK IN THE PRIVATE SECTOR HAVE TO SPECULATE IN STOCKS IN THEIR 401Ks...FOR "RETIREMENT FUNDS"... IS...CRUMBLING...
COULD IT EVER HAVE LASTED...? ONE GROUP WITH OLDER STYLE ELITE PENSIONS...BASED MOSTLY ON OLD UNIONISM...AND THE OTHER GROUP LEFT AT THE MERCY OF INTERNATIONAL CAPITAL AND WALL STREET GREED...!
SO MANY THINGS ARE ENDING NOW...
AMERICA IS AT THE CROSSROADS OF DECLINE AND DECAY...OR...SOME "NEW PARADIGM" AS YET UNDEFINED IN THE LITERATURE OF ECONOMICS?
SOME NEW PARADIGM THAT "ALLOWS" AN ECONOMY TO REMAIN PROSPEROUS....DESPITE HAVING ALL OF IT'S "GOODS PRODUCTION" DONE IN LOW WAGE NATIONS... WE HAVE REACHED THE ABSOLUTE TOP OF THE "GREED IS GOOD" "MARKETS ARE BEST" "INTERNATIONAL CAPITAL RULES" CYCLE....
WHAT COMES NEXT WILL BE A RECOGNITION THAT "PEOPLE MATTER" AND THAT ALL ECONOMIES ARE LOCAL BECAUSE ALL ECONOMIES ARE REALLY ABOUT PEOPLE WHERE THEY LIVE...
INTERNATIONAL CAPITAL DOES NOT "LIVE" ANYWHERE...
PEOPLE DO! THE PENDULUM OF LABOR VS CAPITAL IS NOW AT THE EXTREME CAPITAL SIDE OF IT'S SWING... AND THE NEW PARADIGM SIMPLY MUST ADDRESS THIS ISSUE...
THE CHOICE IN NOVEMBER WITH BE...STICK WITH THE OLD FAILED PARADIGMS...OR STRIKE OUT FOR SOMETHING NEW...
I SENSE THAT AMERICANS WILL FLOCK TO MC CAIN IN HUGE NUMBERS...DESPERATE FOR A RETURN TO THE PAST...
THIS NOVEMBER WE WILL LEAVE THAT CROSSROAD...AND START DOWN THE ROAD OF DECAY AND DECLINE...
INDEED HAVE WE NOT BEEN ON THAT ROAD FOR SOME TIME NOW...?
