Trucker Strike 2008
Thank you for your service and for your courage.
Trucker Strike 2008
Thank you for your service and for your courage.
Fortune magazine — no collection of marginalized fraidy-cat panic-mongers — has two headlines so important that I’m reproducing them as screensnaps here.
Read the article: Chaos on Wall Street
Read the article: On the brink of disaster
Guess what? When Fortune says it’s dire — it’s already too damned late.
I won’t be doing any lame posts along those lines.
Instead, click the below link to see the Candid Camera-like toilet video from Japan.
Driven by a painful mix of layoffs and rising food and fuel prices, the number of Americans receiving food stamps is projected to reach 28 million in the coming year, the highest level since the aid program began in the 1960s.
The number of recipients, who must have near-poverty incomes to qualify for benefits averaging $100 a month per family member, has fluctuated over the years along with economic conditions, eligibility rules, enlistment drives and natural disasters like Hurricane Katrina, which led to a spike in the South.
But recent rises in many states appear to be resulting mainly from the economic slowdown, officials and experts say, as well as inflation in prices of basic goods that leave more families feeling pinched. Citing expected growth in unemployment, the Congressional Budget Office this month projected a continued increase in the monthly number of recipients in the next fiscal year, starting Oct. 1 — to 28 million, up from 27.8 million in 2008, and 26.5 million in 2007.
The percentage of Americans receiving food stamps was higher after a recession in the 1990s, but actual numbers are expected to be higher this year.
But wait! That can’t be true, because:
The average inflation rate under Clinton was 2.6 percent, under Bush it is 2.7 percent. Indeed, one has to go back to the Kennedy administration to find a lower average rate. True the inflation rate over the last year has gone up to 4 percent, but that is still lower than the average inflation rate under all the presidents from Nixon through Bush’s father.
Gas prices are indeed up 33 percent over the last year, but to get an average of 4 percent means that lots of other prices must have stayed the same or gone down.
Or that the government is cooking the goddammed numbers, you egghead eejit!
Just like they do with the unemployment statistics by not counting people who are “no longer looking for work.” As if such people no longer have to pay rent, utilities, and eat!
This twat probably thinks Herbert Hoover was scapegoated by a biased press too.
Bernard Connolly at Banque AIG, who foresaw this crisis with uncanny accuracy, believes central banks will resort to full-throttle reflation, setting off a fresh boom in shares and gold. But this will occur only after the economic slump has spread to Europe and beyond.
The authorities will wait too long to act, believing their own decoupling myth. Unemployment will ratchet up. Civil unrest may rock Latin Europe.
In the end, the whole industrial world will stoke a fresh credit bubble to put off the day of reckoning, for another cycle.
The capitalist system is now so deformed by debt that it requires ever lower interest rates to keep going. It survives on perma-bubbles. Monetary rigour at this late stage would endanger democracy.
How did we ever let matters reach this pass?
Emphasis added by me.
If you’ve come in late: The British press is doing the best coverage of the current (final?) financial crisis. News you do not see in American press coverage. Ambrose Evans-Pritchard at the Telegraph.co.uk is the best of them.
The stucco subdivisions of Las Vegas are caught up in the nation’s foreclosure crisis. These days, bankers and mortgage companies often find that by the time they get the keys back, embittered homeowners have stripped out appliances, punched holes in walls, dumped paint on carpets and, as a parting gift, locked their pets inside to wreak further havoc. Real-estate agents estimate that about half of foreclosed properties to be sold by mortgage companies nationwide have “substantial” damage, according to a new survey by Campbell Communications, a marketing and research firm based in Washington, D.C.
These idiots should never be allowed to have a mortgage ever again.
I don’t give a damn if you were snookered into an adjustable-rate mortgage that eventually tripled or quadrupled your monthly payment.
That’s beside the damned point.
The point is: You’ve shown yourself to be a low-life pig bastard.
Do you think there won’t be any repercussions for this?
They have your name, your employer information, your Social Security number, your signature — everything.
And banks keep records. For a long time.
Your next home should be a cardboard box on the sidewalk.
And, to me, that’s more than you deserve!
Update: Lots of links added from a Comment here to the end of the original post. I’ve also changed the timestamp to pop this to the top of the blog for a while.
Prior posts in this blog:
Prior links mentioned in this blog:
Truckers Strike April 1, 2008 at the Truckers Forum
TRUCKERS ROCK !! – Owner Operators joined by Corporate Haulers in Shutdown at Godlike Productions
Attention!!! at High Diesel
Trucker Strike at MySpace
Links given by a trucker (in a Comment here):
Statement from MySpace page holder (in a Comment here) (lightly edited to improve clarity):
We are The American Trucker…
Good Morning All,
I’ve have had a very Long weekend.
I’m glad this week has arrived.
I’ve had several calls over the weekend from news media outlets. Bloomberg was probably the biggest so the word is still traveling at the speed of light.
I hear alot of “I’m waiting to see what happens.”
If we all wait to see what everyone else does we will accomplish nothing.
We have to shutdown and make a stand. Now is the time to take action. If we don’t speak for ourselves who will — the ATA, OOIDA? They care enough for us to wash their hands of this protest. But send them your money [and] they will speak on important issues.
I’m tired of paying Lumpers to unload my truck, I’m tired of high insurrance, I’m tired of waiting for hours in a dock with no pay, Brokers keeping money that was intended for fuel.
We should all be tired and it is time we let them know.
By now everyone knows about the protest. But we need to keep on the support.
My own local news station reported last night on this but they have it wrong.
This protest isn’t a one day protest. This protest is all week and longer if needs to be.
This protest is not aimed at the public we want public support.
This protest will be the biggest protest ever accomplish by the American Trucker and we plan to speak loudly.
God Bless you all thank you for your support.
Links from the first MySpace page holder:
God bless the American trucker!