----- Original Message -----
From: Len Cranford
To: Richard Finley ; craig
schommer ; ryder smith ; jb_campbell@yahoo.com
; patrick henry ; James
Wickstrom ; darkmoon@darkmoon.me ; tommy ; Bill Conlin ; gvwyatt@gmail.com
; pseudoskylax@gmail.com
; executioner@dreadwilliam.com
Sent: Saturday, July 19, 2014 9:32 AM
Subject: Age of Aquarius Economics
{While Wall St.`s "Caligulla`s
Orgy" on the free coke snuffing-shooting - cheap money of Stock
buy-backs and just plain "buy the dips forever"; Likely,
insider-Bankster advice - Well! It`s the only game in town! Whoa! The
"FED" really looks Jewish now! Soooo,,, Bernanke was just a Rabbi
with a short haircut? And Janet Yellen is a sorta [Female?] Rabbi?
Since those with this insider knowledge will be the only
one`s to continue to prosper. The Baltic Dry Index tells the
tale on "Real" Economics. Chart below; L.}
The Price of Shipping Is
Collapsing
A
recurring theme of mine is that one cannot understand the world in terms of the
linear Quantity Theory of Money. Let’s look at the cost of shipping.
The
money supply has certainly been expanding since 2008. And yet the price of
shipping has almost completely collapsed. From a high over 11,000 it’s now down
to 755. This is a drop of almost 94%.
The
Baltic Dry Index is a dollar price of moving the major materials by sea. The
chart shows from just before the acute phase of the crisis to today, July 16,
2014.
I like
to look at the Baltic Dry because, unlike commodities, there is no way to
speculate on it and hence drive up the price. (If readers are aware of some
sort of futures market or other way for speculators to use credit to bid up
prices, then I encourage them to please contact me.) – via Monetary Metals,
click to enlarge.
{So the Jews Socialize France then FLEE the effects. Hollande was
going to take this even further. Make`s perfect sense. You know, a
few of those old French guillotines are still sitting around Europe
in various locations! L.}
http://www.acting-man.com/?p=31540
Fleeing the French Welfare State
July 2, 2014 | Author Pater Tenebrarum
“Good Riddance, Rich Bastard”
We have actually discussed the flight of the best and
brightest (as well as the richest) citizens from president Hollande's
socialist paradise before – see “Regime
Uncertainty in France” for details.
We have just come across the video below, which is also slightly dated by now,
but since nothing much has changed in France, it is worth reviewing it.
Anne-Elisabeth
Moutet, the London journalist (born in France, and now living in France's
six-largest city, far away from the clutches of Hollande and Mountebank) is
interviewed in the video as well. As she points out, when France's
richest man decided he would rather leave than keep feeding Leviathan, the
French press reacted with the headline “good riddance, rich bastard”.
The anti-capitalist mentality is deeply rooted in France,
which leads even to escapades such as unions kidnapping and blackmailing managers.
They have nothing to fear – for some reason it is apparently considered
perfectly legal when unions do this. This is not to say that there are actually
legal exceptions in the statutes regarding kidnapping and blackmail by unions
or workers, but they are simply never prosecuted for it. On the contrary – they
get gifts from the courts! As Business Week reported:
“Bossnapping”
and similar tactics have turned out to be pretty effective negotiating tools
for French labor unions. Workers who have participated in past hostage-taking
incidents haven’t been prosecuted, and most have won sizable concessions from
employers.
After
four executives of Caterpillar (CAT) were held hostage in 2009
for 24 hours to protest layoffs in Grenoble, the company upped its total
severance package from €48.5 million to €50 million, amounting to an average
€80,000 ($108,000) per worker. The same year, appliance maker Ariston (A3E:GR) agreed
to severance packages of up to €90,000 for workers at a factory in Brittany who
protested planned layoffs by locking the manager out of the building.
In
still another case—among a spate of 10 French “bossnappings” in
2009—the manager of a 3M (MMM) factory in the town of Pithiviers
was taken hostage in a dispute over severance pay. The workers served him a
takeout meal of mussels and French fries before deciding to let him go and
pursue their grievances in court. An appeals court ruled in their favor last
July, ordering 3M to pay €800,000 to 110 laid-off workers.
Former
President Nicolas Sarkozy denounced the hostage-taking, but public opinion
polls showed that many French sympathized with the protesters and no charges have ever been filed against them.”
(emphasis
added)
However, in spite of all this “popular
sympathy” for leftist causes, even if they involve violence, today a full half
of France's youth say they would immediately leave the country if they could.
The main reason why many feel that they can't do so is probably that they are
out of work and are getting welfare checks they would have to do without if
they left.
However, as the video indicates, those who have the gumption
to leave are naturally all the movers and shakers who want to get ahead, plus
all those who are already rich. So the country is increasingly left with
slackers dependent on the State – but who or what will pay for their upkeep in
the future? Hollande's quasi-Zwangswirtschaft has created a huge economic crisis in France. The economy
seemingly cannot get out of its rut, in spite of all the talk about “recovery”
in Europe. The unemployment rate remains above 10%, GDP growth has slowed down
again recently, and GDP per capita remains below the level of 2008 to this
day....
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