FredCDobbs previously said:


I would guess things are not so different in the US and UK !!!



A Somalian arrives in Vancouver as a new immigrant to Canada . He stops the first person he sees walking down the street and says ... 'Thank you Mr. Canadian for letting me in this country, giving me housing, money for food, free medical care, free education and no taxes!'

The passer-by says, 'You are mistaken, I am Mexican.'

The man goes on and encounters another passerby. ' Thank you for having such a beautiful country here in Canada !'

The person says, 'I not Canadian, I Vietnamese.'

The new arrival walks further, and the next person he sees he stops, shakes his hand and says, 'Thank you for the wonderful Canada !'

That person puts up his hand and says, 'I am from Middle East , I am not Canadian !'

He finally sees a nice lady and asks, 'Are you a Canadian?'

She says, 'No, I am from Africa !'

Puzzled, he asks her, 'Where are all the Canadians?'

The African lady checks her watch and says...'Probably at work'



IF YOU DON'T PASS THIS ON TO ALL YOUR FRIENDS, TOMORROW AT 11:30 AM YOU WILL RECEIVE THREE ILLEGAL IMMIGRANTS ABSOLUTELY FREE

abc200 previously said:


Definitely not true in the UK Everyone works!
S.

FredCDobbs previously said:


No stooge of the party and commie boot licker it is North Korea where every body works

abc200 previously said:


It is inredibly hard not to work in the UK. A friend was in and out of hospital for ten years with congenitial heart problems. In the end he could harly lift a spoon. But he went through all the assesment interviews and they decided he could become an engineer, paid for his special maintenance for 4 years - and yes for the last 15 years he has been a professional engineer.
GC is stupid again!
S.

FredCDobbs previously said:


Spoken like a true socialist welfare sponger also you have no friends you are a social leper

cabaretewilliam previously said:

A Snake Eating Its Own Tail



By James Howard Kunstler for ClusterFuck Nation



Editor's Note: Jim's last two books "World Made by Hand" and "The Long Emergency" are now available at deep discounts via Amazon. -Matt



I'd like to know what Barack Obama thinks he's doing with the fiasco we call the US economy. He can't pump it back into the credit-fueled freak show it used to be, of course, but he could steer it in a practical new direction. Even people who have lost a lot, and stand to lose more, can be motivated to behave more self-beneficially. The president doesn't have very long before his economic problems become really awful political



The current mass delusion that will go down in history as the "green shoots fugue" can't possibly bring the credit freak show back because the credit -- i.e. money borrowed from the American future -- was swindled away. Something like $14 trillion worth of nominal dollars is being sucked into a cosmic vortex never to be seen again. It was last seen in the spectral forms of so many collateralized debt obligations, credit default swaps, so-called structured investment vehicles and other now-obvious frauds. That giant sucking sound we hear means the process is still underway, and the "money" disappearing into yawning oblivion will out-pace any effort orchestrated by the Federal Reserve and the US Treasury to replace it with new "money" (or credit). Therefore there is no chance between heaven and hell that the pre-2008 suburban homesteading and shopping fiesta can ever come back. The American polity is tapped out in all sectors, personal, corporate, and public.



Notice the two words largely absent from whatever public discussion exists around these matters -- "swindle" and "fraud." The reason they're missing is because if they happened to enter the conversation, something would have to be done about them, namely investigations and prosecutions. The president is the person in the best position to set the terms of this public discussion, and by avoiding these two words he's blowing the chance to begin the process of correcting the tragic course we're on.



These swindles and frauds range from malfeasance at the highest levels to indecency in the lowliest cubicles -- i.e. the collusion of a revolving cast of cabinet-level officials with Wall Street executives to loot the US Treasury, the probable criminal dereliction at the mid-level of agencies like the Federal Reserve's oversight office and the SEC, to certain and outright street grifting in the traffic of securities known to be worthless at their creation. The current fiction that the public seems to be swallowing (for the moment) is along the lines of the old "mistakes were made" locution, which is an easy way to avoid holding individuals responsible for misdeeds.



The competence and hence the legitimacy of the US government is on the line here. The US economic situation is going to get a lot worse. Many more people are going to lose incomes and chattels and will suffer, and the moment will arrive when they will direct their anger outward. They need to be told two things: that the borrowed-against future is now here, requiring very different behavior; and that those who received lavish payment for looting the American future unlawfully will be subject to due process of law. So far, nobody has even been fired, let alone officially investigated.



Meanwhile, the nation is lumbering toward an epochal moment of truth when the non-viability of how we get by day-to-day is exposed for all to see, including those other nations who have been lending us colossal sums of their hard-earned money to keep our operations afloat. This will be the moment when the US renounces its debt -- or just proves unable to continue pretending to service it. This moment is liable to come sometime after the middle of this summer.

It will be the moment when all the green shoots babytalk stops and the scope of onrushing hardship becomes self-evident. It will be the moment when all of America finds itself in something like the aftermath of Hurricane Katrina, when the federal government proves comically impotent and the cold reality hits that we're now all on our own.


The dreadful moment may arrive with the functional bankruptcy of California, which is on-schedule, as it happens, for July. Governor Schwarzenegger, who really seems to have tried introducing fiscal reality out there, and just plain failed, will surely come to the White House begging for a bail-out. It would be hard for President Obama to turn him down, but then forty-nine other governors will line up behind Arnold and everybody in the world will see what a farce our governance has turned into: a snake eating its own tail.

cabaretewilliam previously said:

A Snake Eating Its Own Tail



By James Howard Kunstler for ClusterFuck Nation



Editor's Note: Jim's last two books "World Made by Hand" and "The Long Emergency" are now available at deep discounts via Amazon. -Matt



I'd like to know what Barack Obama thinks he's doing with the fiasco we call the US economy. He can't pump it back into the credit-fueled freak show it used to be, of course, but he could steer it in a practical new direction. Even people who have lost a lot, and stand to lose more, can be motivated to behave more self-beneficially. The president doesn't have very long before his economic problems become really awful political



The current mass delusion that will go down in history as the "green shoots fugue" can't possibly bring the credit freak show back because the credit -- i.e. money borrowed from the American future -- was swindled away. Something like $14 trillion worth of nominal dollars is being sucked into a cosmic vortex never to be seen again. It was last seen in the spectral forms of so many collateralized debt obligations, credit default swaps, so-called structured investment vehicles and other now-obvious frauds. That giant sucking sound we hear means the process is still underway, and the "money" disappearing into yawning oblivion will out-pace any effort orchestrated by the Federal Reserve and the US Treasury to replace it with new "money" (or credit). Therefore there is no chance between heaven and hell that the pre-2008 suburban homesteading and shopping fiesta can ever come back. The American polity is tapped out in all sectors, personal, corporate, and public.



Notice the two words largely absent from whatever public discussion exists around these matters -- "swindle" and "fraud." The reason they're missing is because if they happened to enter the conversation, something would have to be done about them, namely investigations and prosecutions. The president is the person in the best position to set the terms of this public discussion, and by avoiding these two words he's blowing the chance to begin the process of correcting the tragic course we're on.



These swindles and frauds range from malfeasance at the highest levels to indecency in the lowliest cubicles -- i.e. the collusion of a revolving cast of cabinet-level officials with Wall Street executives to loot the US Treasury, the probable criminal dereliction at the mid-level of agencies like the Federal Reserve's oversight office and the SEC, to certain and outright street grifting in the traffic of securities known to be worthless at their creation. The current fiction that the public seems to be swallowing (for the moment) is along the lines of the old "mistakes were made" locution, which is an easy way to avoid holding individuals responsible for misdeeds.



The competence and hence the legitimacy of the US government is on the line here. The US economic situation is going to get a lot worse. Many more people are going to lose incomes and chattels and will suffer, and the moment will arrive when they will direct their anger outward. They need to be told two things: that the borrowed-against future is now here, requiring very different behavior; and that those who received lavish payment for looting the American future unlawfully will be subject to due process of law. So far, nobody has even been fired, let alone officially investigated.



Meanwhile, the nation is lumbering toward an epochal moment of truth when the non-viability of how we get by day-to-day is exposed for all to see, including those other nations who have been lending us colossal sums of their hard-earned money to keep our operations afloat. This will be the moment when the US renounces its debt -- or just proves unable to continue pretending to service it. This moment is liable to come sometime after the middle of this summer.

It will be the moment when all the green shoots babytalk stops and the scope of onrushing hardship becomes self-evident. It will be the moment when all of America finds itself in something like the aftermath of Hurricane Katrina, when the federal government proves comically impotent and the cold reality hits that we're now all on our own.


The dreadful moment may arrive with the functional bankruptcy of California, which is on-schedule, as it happens, for July. Governor Schwarzenegger, who really seems to have tried introducing fiscal reality out there, and just plain failed, will surely come to the White House begging for a bail-out. It would be hard for President Obama to turn him down, but then forty-nine other governors will line up behind Arnold and everybody in the world will see what a farce our governance has turned into: a snake eating its own tail.

abc200 previously said:


problems.

Stupid ass-hole California can never be bankrupt - there is enough land to produce food for everyone and good wine besides!
S.