Comment

Comment by Joan Denoo on October 15, 2012 at 1:59am

Ruth, you find the most wonderful sites and cartoons and information! I am so lucky to have you for a friend!

Comment by Ruth Anthony-Gardner on October 14, 2012 at 7:20pm

A chart comparing the amount of money China and the US invest in solar energy to the US bank bailout and TARP.

Bank Bailout vs. Chinese Solar Investments vs. US Solar Investments...

Comment by Joan Denoo on October 13, 2012 at 1:38pm

George Carlin, Question everything

Being of Puritan heritage, I jump with those "forbidden" words on TV, however, he tells it like it is. I agree wholeheartedly. QUESTION EVERYTHING!
Crude, rude, and FUNNY! I miss him.

Comment by Joan Denoo on October 13, 2012 at 11:47am

sk8eycat, I know it is difficult to think of such matters this early in the morning, and also during the day and night. On the other hand, we have been in a most remarkable period of history since WWII and the protections working class people earned. Those protection came at a high cost, however. People had to march, picket, boycott, gather support of people who did not want to think about protest. But they did protest, they did get legislation passed to protect wages, they did get safe and healthier working conditions and they also worked hard for their shared benefits of production and services. From 1970s on, women entered the paid labor force as benefits began to decline and health care and education rose. They had to in order to keep up with those proverbial Joneses. They still couldn't keep up and do you remember when credit cards came into being? WOW! Now they could keep up ... but they didn't take into account how much goods, services and interest payments cost and many sank into bankruptcy. 

So, dear friend, pick yourself up, dust off your protest shoes, drink a really strong cup of coffee, and join the parade. Future generations will not have to pay our load while trying to create their own. 

Comment by sk8eycat on October 13, 2012 at 11:29am

Yeah...whatever happened to "We the People"?  WE are supposed to be telling the government how to govern, not the other way around.

Did the majority really want billionaires to get such huge tax breaks?  Or ALL the nasty, snoopy details of the UnPatriot Act?  Or the impossible job of trying to police the whole world? What if the people of Lower Slobovia don't want to be a democracy?  Or if they don't have the guts to put their own lives on the line to get rid of a tyrannical system why is it our job to do it for them?  If they ask for help, then consider it, but I don't remember hearing the Iraqi people (for instance) doing that.

Arrrrrgh!  It's too early in the morning to be ranting.  I think I need a hot cuppa tea and a warm kitteh.

BRB

Comment by Joan Denoo on October 13, 2012 at 10:45am

Comment by Joan Denoo on October 13, 2012 at 10:43am

Comment by Joan Denoo on October 11, 2012 at 6:10pm

Illusion of Prosperity

It would be very nice if our economy continued to grow like it did back in the 1950s but times have changed, laws have been changed to take protection away from workers to the benefit of owners of capital. No president can change the fundamental and universal laws of basic math. We are now a world economy, cheaper labor can be had in developing countries, successful breakup of labor unions in the USA, ability to hide money in off-shore accounts, banks and financial institutions with new regulations can gamble with pension funds and our savings, the Federal Reserve an print money as fast as the printing machines can roll, deflation and inflation threatens those who work for wages, health care costs fly out the roof, students graduate with terrible debt loads, bankruptcy laws have been changed to favor financial institutions, the government reports we do not have inflation, but how much do you have to pay for food and fuel now as compared to 20 years ago? 

Not only are we 64 million jobs below trend, but we have fewer workers between the ages of 16 and 54 than we had in 1997.

Now, you tell me, are we on the right road to prosperity? 
Or are we living under the illusion of prosperity?

Comment by Joan Denoo on October 11, 2012 at 5:59pm

Notice that peak hiring on this chart was 2000 and new normals began to develop. What will cause them to rise again? 

http://illusionofprosperity.blogspot.com/2012/10/manufacturing-empl...

Comment by Joan Denoo on October 11, 2012 at 5:54pm

Notice, again, the beginning of exponential growth. This represents Net Worth of American Households and Nonprofit Organizations. Are we at "Peak Prosperity?

http://illusionofprosperity.blogspot.com/2010/03/peak-prosperity.html

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