Posted on 11/07/2012 4:56:00 AM PST by The Working Man
Just a quick Question: So, How long before we see the next big wave of Lay-offs.
Second Question: Christmas Shopping Season, what will retailers discover, Boom or Bust?
Today. Expect Martin Marrieta to announce 176,000 to be let go under the WARN act, which under the law, was to have been announced b4 the election. Zero twisted he CEO to delay the announcement.
I know.
I guess I laugh to keep from crying.
From comments made on FOX Business last night, expect some very big companies and chains to start announcements soon
Expect some major restaurant chains to start putting employees on part time status (under 30 hours) to avoid obamacare mandate (then expect the mandate to be lowered to 20 hours to chase down these employers)
wait for the next step...
Directive 10-289
This piece is from Atlas Shrugged, here is a little background. At this point in the book much of the economy has collapsed due to government regulation and the teachings of the modern day. These are a set of directives ordered in the hope of stabalizing the economy. I’d like you to read this and as you go think as ruthlessly as you can and draw parrallel’s to today’s world and the laws that are being passed every day by your representitives I think you’ll find it interesting.
Directive 10-289
“In the name of the general welfare,” read Wesley Mouch, “to protect the people’s security, to achieve full equality and total stability, it is decreed for the duration of the national emergency that—
“Point One. All workers, wage earners and employees of any kind whatsoever shall henceforth be attached to their jobs and shall not leave nor be dismissed nor change employment, under penalty of a term in jail. The penalty shall be determined by the Unification Board, such Board to be appointed by the Bureau of Economic Planning and National Resources. All persons reaching the age of twenty-one shall report to the Unification Board, which shall assign them to where, in its opinion, their services will best serve the interests of the nation.
“Point Two. All industrial, commercial, manufacturing and business establishments of any nature whatsoever shall henceforth remain in operation, and the owners of such establishments shall not quit nor leave nor retire, nor close, sell or transfer their business, under pentalty of the nationalization of their establishment and of any and all of their property.
“Point Three. All patents and copyrights, pertaining to any devices, inventions, formulas, processes and works of any nature whatsoever, shall be turned over to the nation as a patriotic emergency gift by means of Gift Certificates to be signed voluntarily by the owners of all such patents and copyrights. The Unification Board shall then license the use of such patents and copyrights to all applicants, equally and without discrimination, for the purpose of eliminating monopolistic practices, discarding obsolete products and making the best available to the whole nation. No trademarks, brand names or copyrighted titles shall be used. Every formerly patented product shall be known by a new name and sold by all manufacturers under the same name, such name to be selected by the Unification Board. All private trademarks and brand names are hereby abolished.
“Point Four. No new devices, inventions, products, or goods of any nature whatsoever, not now on the market, shall be produced, invented, manufacturerd or sold afer the date of this directive. The Office of Patents and Copyrights is hereby suspended.
“Point Five. Every establishment, concern, corporation or person engaged in production of any nature whatsoever shall henceforth produce the same amount of goods per year as it, they or he produced during the Basic Year, no more and no less. The year to be known as the Basic or Yardstick Year is to be the year ending on the date of this directive. Over or under production shall be fined, such fines to be determined by the Unification Barod.
“Point Six. Every person of any age, sex, class or income, shall henceforth spend the same amount of money on the purchase of goods per year as he or she spent during the Basic Year, no more and no less. Over or under purchasing shall be fined, such fines to be determined by the Unification Board.
“Point Seven. All wages, prices, salaries, dividends, profits, interest rates and forms of income of any nature whatsoever, shall be frozen at their present figures, as of the date of this directive.
“Point Eight. All cases arising from and rules not specifically provided for in this directive, shall be settled and determined by the Unification Board, whose decisionswill be final.”
I’ll be unemployment goes down in the short term actually. I think there is a pent up demand for employees, from some businesses who were waiting out the election. They can’t wait any longer and will hire. This will be portrayed as a great thing that Obama has done. Gas prices will also go lower.. next few months might make FReepers heads explode.
Over the next few weeks, and continuing for months. We can expect unemployment to remain high for the next four years.
No he won't. Bush's fault. Explained... at least explained well enough for this ignorant, parasitic, and communist-loving electorate.
I agree we will start seeing huge layoffs in January or February. However, there is no reason to worry because we have food stamps and free birth control. Full bellies and slutty sex to keep the masses occupied! /sarc
A relative of mine has a small business which was highly successful for more than thirty years. He has been bleeding financially for the last five years. He was holding on to see what the election would bring, as he saw no hope under the present regime.
As a result of this election, he will be closing the doors for good. Twenty people will lose their jobs.
I disagree... I think a large amount of businesses will announce immediately. This will be an economic Hurricaine Sandy that will erase trillions of national wealth.
God has begun to act!
I told my wife last night that Christmas gift-giving is cancelled in our family this year. Starve the Beast.
Stop working so hard. They are playing us (the hard workers) as fools.
No expanded drilling on Federal Land or offshore
No energy independence
Debt ceiling to be reached in December
Fiscal Cliff Jan 1
sequestration Jan 1
No controls on EPA
I don't know...maybe the Mayans were right all along.
I wonder how long before U.S. Credit Rating will be downgraded again.
Lest we forget, everyone who is subject to a Payroll Tax will get a 2% paycut on January 1. I would bet a majority of Obamaphiles are unaware of that and are in for a big surprise.
Layoffs in Defense will begin in January.
200,000 at the prime contractor level, and a Million at sub-tier contractors, next year.
My wife had an appointment TODAY, to sign a contract to double the size of her office and proceed to hire the corresponding staff. (healthcare)
Now, that will not happen.
I’m not so sure about Keystone and drilling. Obama had to take those positions in the campaign in order to milk every last vote of his base.
Now, that he has his second term in hand, being a good democrat, he will want to achieve better economic growth so as to continue to be able to say that it is his(dem) policies that are bringing the economy back from the deep hole they inherited from Bush and the Republicans. I think he may do just enough compromise to spur some economic growth. After all, supposedly Slick Willy is mentoring him.
Bush’s fault
More Hope & Change, moving Forward
Added a line to my resume - “I voted against Obama - twice.”
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