Thursday, April 18, 2019

Something Funny Happened On the Way to the Depression

In the beginning they were given two choices.

They took the easy way out. They always do. The politicians bailed out the banks, the bankers, and stole a cool trillion from the treasury which they used to make fractional loans.

They didn't avoid a depression- they simply postponed it.

Wall Street survived in some zombie fashion- inflating real estate and stock markets to astronomical levels. That is where we've been since the fall of '08 and the beginning of the Mar. '09 bull.

Every one has been playing along because there isn't much else you can do. Go to work, grind out a bunch of taxes for the government and take out ridiculously sized loans on property to maintain the banker's profit margins. The American dream. Or nightmare depending on who you ask.

This winter I spent six months touring the south. I traveled through Arizona, Texas, Louisiana, Arkansas, and Oklahoma. I spent time on the beach, ate at nice restaurants. What I didn't do- is look for one of these pathetic, miserable, crappy jobs with no benefits. I giggled every time I went to a restaurant or a bar and saw a "help wanted" sign. I can't tell you how many "help wanted" signs I've seen. Maybe 100 or so. I saw signs offering 11 bucks an hour- well over minimum wage- with no takers. Truck trailers with placards offering sign up bonuses. Outdoor billboards asking for help.

This has been going on for months.

I am part of the 100 million workers who dropped out. No more shitty jobs without benefits. No more immature, ego maniac bosses telling me what I can or can't do. You can have some measure of free speech just so long as you don't whore yourself out to some crappy job. The employer over reach in this country has never been worse. The government can't steal more from me. I don't have to meet deadlines, beg for time off, work overtime, or bite my tongue.

What all of this amounts to- is a strike. No union. No dues. Just 100 million people who have figured out a way to survive- and who know that taking one of these crappy jobs is simply not worth all of the headaches it generates. There is virtually no upside and 11 bucks ain't gonna make a difference.

The best part about the crash of '08- the unintended consequence- was that 100 million of us learned that we cannot depend on these jobs. We became self sufficient.

I'm sure you can still get a decent trailer house and a used car for 1100 a month. After taxes that should leave workers 300 a month for utilities, health care, gas, food, and maybe a t-shirt or two. The next step is labor camps- ya know the kind where you eat, work, and sleep on your employer's property.

Wages in this country have not really budged in 40 years. The talent pool is drying up and the people with any sort of know how aren't coming back.

When the Depression finally arrives- that day when debt levels go supernova and the dollar collapses- we can finally restructure our society. In the meantime, let's enjoy watching these bullshit artists try to repeal the laws of mathematics.

I can't even begin to imagine what will happen next- especially if the DNC nominates some communist like Bernie Sanders. This is the party that brought you Hillary Clinton.

We live in very interesting times.


Spiritually Discerned said...

get yourself a goldhog mini piglet sluice, a goldhog pan, an 1/1/4 pump and go find yourself a gold vein in a sand bar.. I did it, including the 4500 minelab nugget detector.. Learn up on how streams deposit the heavies, hit known gold places that paid out in the past..The stuff is still loading up in the streams. Especially after wet snowy rainy winters.. If you can't score a quarter ounce a day and better you're nit trying.. Google goldhog.. It's a hoot.. Sunshine, pine trees, gravel.. Working in the federal reserve note coal mine was stupid...

Greg said...

It's self employment Brian.. G.

Spiritually Discerned said...

The man power thing is the most valuable aspect of a business that is the most undervalued aspect of the business model.. because in the past there were lines of man power lining up at the business owners doors seeking work.. The phone is ringing here with questions of will you come back and plumb for us just a little bit more.. If you dear Gregory will plumb that thing up we'll pay you a couple thousand notes.. Yeah I says and you'll pay yourself while watching me do it ten thousand notes.. And you'll want me to do this twenty times or more.. Because you can't do it yourself.. No thanks i says no thanks, you'd best go earn those notes all yourself since you want almost all of them for yourself.. I did it that way myself.. No man power means you're on your own power means your capacity to produce is quite limited isn't it mr.big business man.. Enjoy the pay.. Being exploited sucks.. So here i sit with all of that skill and all of those tools.. Hahahahaha! I'm going fishing for yellowstones...

Spiritually Discerned said...

I don't need the hell of a building contractor sub contractor relationship..

or I don't need the hell of a employee employer relationship..


Ain't fk you money fun...

Greg said...

Hey i have million dollar deal..I'll pay you four dudes $40,000 each to go in there and earn me that $million... Come on boys...


The American dream requires exploitation of others..

Lisa Fifer said...

Glad to see you back,Get it,

All my love,