[blam]

And....

A Scary Reality About Wal-Mart's Customers: They're Broke

[Gaffer]

It is broken because more than half of its able adult population does not want to work because they can subsist very nicely on Obama money. The other lesser half sees this and increasingly starts to wind down their ambitious capitalist endeavors if favor of minimizing the stealing that is besetting them.....

This problem is further compounded by dozens of millions of illegal aliens are here robbing, raping and murdering us (through disease, alcohol, guns/knives and inundating our K-12 public education institutions with their sweet little Reconquistas)......

We are so totally screwed. The only hope is to break the union now.

[P.O.E.]

Harrisburg potholes get honorable (?) mention.

PA Ping!

If you see posts of interest to Pennsylvanians, please ping me.

Thanks!

[Gaffer]

Re: your sinkhole part. Atlanta has a major major infrastructure of sewers and water service that is approaching over 120 years old. There have been cases like you show but on a larger scale - people died in these.

The Federal Government used to fine Atlanta constantly because of sewer overflows, etc. back in Bush’s time. I guess Obama is giving Kasim Reed medals and awards instead.

Why is this? Well, in 1972 Atlanta got its first black mayor and has had black mayors ever since. And, it is the reason why nothing substantive has been done about the infrastructure, education or other public City endeavors.

“Once you go black, you never go back” takes on a whole new meaning. Racist? Yes, probably. But it is true.

[knarf]

That's a lot .. to explain widgets are made cheaper in China than the US.

We jump for joy and anticipation by the announcement ... not the fact, but the announcement of maybe a widget factory will look into our community to build a factory that will put 250 people to work.

In a town of thousands or a city of tens/hundreds of thousands, eleventeen times more applications are initiated than can possibly be accepted.

THAT'S the psycological and physical state of our nation.

I grew up in the Boston area and NEVER had to look hard for a job and almost always walked in on a Thursday or Friday and started Monday.

After school, part time or full time .. it was all available.

Now, as an adult, and more aware .. I can understand that where I lived was (though I lived in a 'burb) bustling with manufacturing type work.

The key to a successful American economy is .. IMO .. manufacturing ... widgets, if you will ..

Build factories, not unions or political parties.

[rockinqsranch]

Had to read “Conclusions” twice as one has to be alert while reading some articles, and I am in a hurry to get outta here to my chores right now, but yes the author is saying basically the same thing we all are saying, and that is Drill Baby Drill, ‘cause it’s gonna take a long, long time for any alternatives to become viable.

Mrs. RQSR is ranting right now....something to the effect we need to rebuild our country, our economy again after the destruction by the Leftist’s, and other than that I cannot repeat her venomous commentary on a family site. She’s ticked off BIG TIME! I agree with her.

[HangnJudge]

The single best marker for economic vitality is Velocity

M1 Multiplier is persistantly below 1

Household net worth continues to tank

And the GDP Velocity is at historic lows

[HangnJudge]

Corporations are stockpiling cash equivalents

[Attention Surplus Disorder]

Chris Martenson has a quite excellent presentation that I highly recommened, called “Crash Course”.

http://www.peakprosperity.com/crashcourse

The one glaring (to me) error in his otherwise great presentation is his insistence upon “peak oil” and global warming and all the accompanying lore on those topics.

And indeed, he could be right about about peak (crude) oil production without having taken into account the boom in NatGas production and the potential for the increased uptake of NG into the US fuel consumption picture and the concomitant reduction in dollars sent overseas for foreign oil. The increase in NG could well be a positive factor in the US economic picture.

Other than that one beef I have with his views, “Crash Course” is superb.

[sauropod]

.

[penelopesire]

This writer bemoans that the fed is only nibbling around the edges of the root cause, yet the writer is only nibbling around the edges himself. The root cause is that socialism never works and true free enterprise has not yet been tried. Wall Street bailouts are not free enterprise,Obamacare is not free enterprise,special tax breaks to Facebook and other Obama cronies are not free enterprise. Bailouts to unions are not free enterprise. You get my point.

Getting away from fossil fuels,like this writer suggests, is not the answer to this problem. Getting rid of Obama, the dems and rinos is the answer. A transition from dependency to self reliance is the answer. A smaller government is the answer. Unfettered free enterprise is the answer.

We will not recover in full until socialism is completely abandoned in all of it’s parts and disguises.

[ex-snook]

If oil is $1 per barrel it will be that way for the whole world. Our problem is not oil. Our problem is that about all you buy is made with labor somewhere else. Make it here, is the only recovery.

[kaehurowing]

I am not losing sleep. Obama promised he would take care of me.

[preacher]

The Real Reason the Economy Is Broken (And Will Stay That Way)
http://www.youtube.com/watch?v=bYkl3XlEneA

[familyop]

"The Real Reason the Economy Is Broken"

A. Lack of manufacturing. We've seen third world countries with large populations living in squalor in economies that try to thrive on agriculture and energy without much manufacturing (exception: Canada, with very small, ingenuous population and enormous amounts of oil and other natural resources).

B. Because Americans were born lazy, stupid and worthless, while foreign communist slaves are far better than Americans. You deserve to be unemployed, starved, watched for trivial regulatory violations, to continue to be rental slaves, frightened and robbed to prevent you from having children, marked for the rest of your lives with records of trivial/irrelevant complaints (cigarette smoking, using your private properties without permits, writing sexist pronouns, owning firearms,...), put in romanistic dungeons for romanistic torture entertainment and eventually exterminated to make room for animals and the natural environment (and oh, us bipartisan elite folks, of course).

America, choose one of the answers above. Are you right (A), or are the sitting bureaucrat sturgeons of debt right (B)?

[Hint: most of the elite folks are much more recently descended from Europe than we real Americans defamed and officiously robbed by them.]

[Erik Latranyi]

Simply put, they are running out of other people’s money.

[hattend]

BTTT