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The Depression Thread
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Titus



Joined: 19 May 2012

PostPosted: Sat Mar 23, 2013 7:12 am    Post subject: Reply with quote

Hungary is not the USA, Kuros. The Hungarian constitution was written by chameleon communists. The Hungarian Socialist Party is the Hungarian Communist Party of pre-1989 fame. The Socialists wrote the constitution and appointed most of the judges (many judges are from communist times too). The Hungarian Constitution (prior to last week) was a Marxist document.

Recovering from the Bolshevik Revolution requires a bit more effort than you're assuming. Hungary is seeking to establish independence and national identity.

Quote:
An independent judiciary is a cornerstone of the modern democratic system.


When your judiciary is appointed by communists and the constitution was written by communists the judiciary isn't independent, it is loyal to internationalist socialism.

Same in the EU proper. For example, the current EU President is Martin Schulz. Schulz was a member of the "Young Socialists" in West Germany. The Young Socialists are internationalist socialists.

The communists and socialists are the ones raping the continent for the benefit of usury. As Ezra Pound said (paraphrase): while not all liberals are usurers, all usurers are liberals. The only hope comes from the "Far right" ie Le Pen et al. Note that all opponents of the bankers are slandered as far right, extremist, etc. Also note that the slanders work.
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Titus



Joined: 19 May 2012

PostPosted: Sun Mar 24, 2013 6:27 am    Post subject: Reply with quote

Pity the American worker:

http://articles.washingtonpost.com/2013-03-15/politics/37737117_1_afl-cio-temporary-worker-president-richard-trumka

Quote:
WASHINGTON � The Chamber of Commerce�s lead immigration negotiator said Friday he�s hoping for a deal soon with the AFL-CIO on a new temporary worker program, but the sides are still apart on important details.

The issue has emerged as perhaps the toughest obstacle to completion of comprehensive immigration legislation taking shape on Capitol Hill. Senators working on the bill gave the Chamber and the AFL-CIO the job of helping negotiate an agreement on the temporary worker issue.

Randy Johnson, the chamber�s senior vice president for labor, immigration and employee benefits, told reporters at a briefing that points of contention include wages and the overall number of visas in the new program. He said the chamber sought 400,000 new visas for temporary workers while the AFL-CIO�s opening number was much lower, in the low five figures.


Legalize 12 million illegals, allow in 400k new temp workers and continue to look the other way as Mexicans etc flow into the country.

A couple years after this is over there will be discussions in the media about how there was an unexplained drop in median wages and how wage growth went even more negative. The solution from self-described economists, like Robert Reich etc, will be to tax the rich (meaning the remaining middle class, because the rich lobby in loopholes) to decrease in inequality.

The real victory for capital will come in the form of Canadian style high-skilled immigration programs. Damn engineers earn too much and something needs to be done about it. We'll hear heaps about a "skill shortage" in a nation with tens of millions unemployed and further millions underemployed. We'll hear about STEM shortages, though the exact opposite is the truth.

This is how capital wins. It slams labor costs into the ground.
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Julius



Joined: 27 Jul 2006

PostPosted: Wed Mar 27, 2013 3:19 am    Post subject: Reply with quote

Fox wrote:
The problem here isn't taxation, it's what those taxes are being used for.


Mismanagement is one factor.

But its amazing how generally unaware people are of a far more important factor.

Our modern economies are unsustainable.

They are based on short term exploitation and degradation of our environment. Globally, our natural operating systems- the oceans, the forests..and everything else that works together to make life on earth possible... are on their last legs. By 2025 there is projected to be 800 million Chinese. If they all want big macs and fast cars then...we need another planet.

It can't continue.

Our financial system is ultimately based on natural resources. Water, clean air, healthy ecosystems.

Either people learn to think beyond churning out babies and consuming, or the system as we know it is going to come to a shuddering halt.
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Fox



Joined: 04 Mar 2009

PostPosted: Wed Mar 27, 2013 3:50 am    Post subject: Reply with quote

Julius wrote:
Fox wrote:
The problem here isn't taxation, it's what those taxes are being used for.


Mismanagement is one factor.

But its amazing how generally unaware people are of a far more important factor.

Our modern economies are unsustainable.


I agree.

Julius wrote:
By 2025 there is projected to be 800 million Chinese. If they all want big macs and fast cars then...we need another planet.


I am willing to sacrifice "big macs and fast cars" if everyone else is (for the most part, I already have; my quiet life up here in the mountains is pretty minimalist, although I'd be willing to take it further as part of a collective effort), but they are not, so what is your suggestion?
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Kuros



Joined: 27 Apr 2004

PostPosted: Wed Mar 27, 2013 4:37 am    Post subject: Reply with quote

Titus wrote:


Legalize 12 million illegals, allow in 400k new temp workers and continue to look the other way as Mexicans etc flow into the country.


There are not 12 million unauthorized in the country now.

Quote:
The 11.1-million figure compares with 11.2 million in 2010 and 11.1 million in 2009.

The number of illegal immigrants in the U.S., which stood at about 8.4 million in 2000, peaked at about 12 million in 2007 and has been tapering since, according to the analysis prepared by demographers Jeffrey Passel and D�Vera Cohn of the Hispanic Center, part of the Pew Research Center.

The decrease was driven mainly by a drop in the number of immigrants arriving from Mexico, the largest source of migration to the U.S. The Pew Hispanic Center reported earlier this year that net immigration from Mexico to the United States had stopped and possibly reversed through 2010.

At the peak, about 770,000 immigrants were arriving annually from Mexico, the majority of them illegally. By 2010, the inflow had dropped to about 140,000, and the majority arrived legally, according to the center�s estimates.


And immigration is no longer just Hispanic-origin.

Quote:
For the first time since 1910, Hispanic immigration last year was topped by immigrants from Asia.


Furthermore, immigration enforcement has become aggressive.

Quote:
As of July, Obama deported 1.4 million illegal immigrants since the beginning of his administration � that�s 1.5 times more immigrants on average than Bush deported every month, according to official numbers from the Department of Homeland Security*. But that�s only part of Obama�s deportation strategy: The administration�s stated goal is to prioritize the deportation of criminal, dangerous illegal immigrants. And it�s promised to make a new program called Secure Communities mandatory by 2013, which would force local law enforcement to share fingerprints of those arrested with the Department of Homeland Security, which has immigration records, through the FBI.


Furthermore, the border is more secure than ever before.

Quote:
Under the Senate�s new blueprint for reform, the legalization of undocumented immigrants would only happen if the government �finally commit[s] the resources needed to secure the border,� as well as strict visa enforcement for legal immigrants. It�s a provision that�s similar to Bush�s 2007 immigration bill, which also made legalization contingent on beefed-up border security.

The Senate�s language suggests that the government has held back from devoting money, equipment and personnel to border security. In fact, even though the 2007 immigration bill ultimately failed, we�ve nevertheless hit nearly all of the targets that it established for increased border security�except for achieving absolute �operational control� of the border and mandatory detention of all border-crossers who�ve been apprehended.
The 2007 bill sought to increase the number of Border Patrol agents to 20,000; in FY 2011, we hit 21,444 agents.


What else you got? Lets leave the bigotry aside in this thread and focus on facts, shall we.
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bigverne



Joined: 12 May 2004

PostPosted: Wed Mar 27, 2013 5:16 am    Post subject: Reply with quote

Quote:
Lets leave the bigotry aside in this thread and focus on facts, shall we.


The US has record-high unemployment and the current administration is talking about legalizing millions of low-skilled workers and expanding visas for STEM workers. How does this benefit working- and middle-class Americans?
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Julius



Joined: 27 Jul 2006

PostPosted: Wed Mar 27, 2013 5:41 am    Post subject: Reply with quote

Fox wrote:
so what is your suggestion?


My first suggestion is that environmental education become compulsory in schools in every nation.

Humans have to learn how to live on the earth without ruining it, and also to share it with other living things.

To be realistic, the measures being taken seem like too little too late and I hate to imagine what kind of world future generations will inherit. A horribly overcrowded, polluted, sterilised and charmless place. Urban conurbations will grow to ten times the size they already are, for example. Half the species we now have on the planet will be extinct or found only in zoos.

We need governments to quit their silly international economic competitions and get away from the idea of growth for growths sake.
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bucheon bum



Joined: 16 Jan 2003

PostPosted: Wed Mar 27, 2013 7:08 am    Post subject: Reply with quote

bigverne wrote:
Quote:
Lets leave the bigotry aside in this thread and focus on facts, shall we.


The US has record-high unemployment and the current administration is talking about legalizing millions of low-skilled workers and expanding visas for STEM workers. How does this benefit working- and middle-class Americans?


If you can provide any studies, statistics, etc that show illegal immigrants take away jobs from us citizens, that would be great.
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Fox



Joined: 04 Mar 2009

PostPosted: Wed Mar 27, 2013 3:54 pm    Post subject: Reply with quote

Julius wrote:

My first suggestion is that environmental education become compulsory in schools in every nation.


This might not work out as well as you think. I remember taking environmental philosophy back in university, and the sort of things I heard were ridiculous. Make a generation of high school boys listen to lectures about how "rivers have rights," and you will end up with a generation of high school boys who think environmentalism is a foolish cause which is not worth their time.

I don't think education is the real issue here. In their heart of hearts the average person already knows the environmental costs of our lifestyle, and they make a conscious choice in embracing consumer capitalism.

Julius wrote:
We need governments to quit their silly international economic competitions and get away from the idea of growth for growths sake.


Definitely true, but good luck convincing them.
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bigverne



Joined: 12 May 2004

PostPosted: Wed Mar 27, 2013 4:06 pm    Post subject: Reply with quote

Quote:
If you can provide any studies, statistics, etc that show illegal immigrants take away jobs from us citizens, that would be great.


Increasing the supply of low-skilled labour pushes down wages for working-class Americans. The laws of supply and demand seem to vanish whenever people start discussing immigration. Mass immigration is good for rich people and large corporations. It's bad for almost everyone else.
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Leon



Joined: 31 May 2010

PostPosted: Wed Mar 27, 2013 5:38 pm    Post subject: Reply with quote

Fox wrote:
Julius wrote:

My first suggestion is that environmental education become compulsory in schools in every nation.


This might not work out as well as you think. I remember taking environmental philosophy back in university, and the sort of things I heard were ridiculous. Make a generation of high school boys listen to lectures about how "rivers have rights," and you will end up with a generation of high school boys who think environmentalism is a foolish cause which is not worth their time.

I don't think education is the real issue here. In their heart of hearts the average person already knows the environmental costs of our lifestyle, and they make a conscious choice in embracing consumer capitalism.

Julius wrote:
We need governments to quit their silly international economic competitions and get away from the idea of growth for growths sake.


Definitely true, but good luck convincing them.


The answer would be to not make education about the environment have anything to do with philosophy, and present it as science, because it's science. It doesn't have to be it's own class, just incorporate it into science classes, and don't preach it let it speak for itself. Also, incorporate it into social studies and show what resource scarcity does to their future earnings, rising prices, and rising instability.

It's possible that over time public opinion would change, like it has with gay marriage and weed, but then again those things don't affect large companies and the elites, so maybe environmentalism won't have a chance anytime soon.
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Kuros



Joined: 27 Apr 2004

PostPosted: Thu Mar 28, 2013 4:30 am    Post subject: Reply with quote

bigverne wrote:
Quote:
If you can provide any studies, statistics, etc that show illegal immigrants take away jobs from us citizens, that would be great.


Increasing the supply of low-skilled labour pushes down wages for working-class Americans. The laws of supply and demand seem to vanish whenever people start discussing immigration. Mass immigration is good for rich people and large corporations. It's bad for almost everyone else.


Study finds no correlation between immigration and unemployment

Quote:
While it might seem intuitive that immigrants would compete with many native born workers for jobs, and potentially cause unemployment to rise when jobs are relatively scarce, the fact is that the causes of unemployment are far more complex than whether or not immigrants are in the labor force.

Most rural areas of the United States have high unemployment rates, but relatively few recent immigrants. Similarly, the great industrial centers of the Midwest, such as Michigan and Ohio, are home to struggling durable goods manufacturing centers with high unemployment rates, but are home to relatively few immigrants.

The question of whether or not immigration causes unemployment should be largely laid to rest. Remedies for high unemployment lie in economic policies such as stabilizing the U.S. financial sector, removing unfair trade barriers, and investing in new infrastructure. But unemployment should not be blamed on immigration or immigration policy.

With rising unemployment, immigrants are less likely to come to the United States.

In a bad economy, undocumented workers may be the first to lose their jobs.


Immigration and Wages

Quote:
Most economists who have studied the effect of immigration on the wages of U.S. born workers have found a small but positive relationship. In other words, as the chart below shows, immigration tends to boost the wages of U.S. born workers (and at all levels of education). At the same time, immigration does tend to lower the wages of foreign born workers in the U.S.


There's an internal link to a complete study.
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bucheon bum



Joined: 16 Jan 2003

PostPosted: Thu Mar 28, 2013 5:44 am    Post subject: Reply with quote

Kuros wrote:
bigverne wrote:
Quote:
If you can provide any studies, statistics, etc that show illegal immigrants take away jobs from us citizens, that would be great.


Increasing the supply of low-skilled labour pushes down wages for working-class Americans. The laws of supply and demand seem to vanish whenever people start discussing immigration. Mass immigration is good for rich people and large corporations. It's bad for almost everyone else.


Study finds no correlation between immigration and unemployment

Quote:
While it might seem intuitive that immigrants would compete with many native born workers for jobs, and potentially cause unemployment to rise when jobs are relatively scarce, the fact is that the causes of unemployment are far more complex than whether or not immigrants are in the labor force.

Most rural areas of the United States have high unemployment rates, but relatively few recent immigrants. Similarly, the great industrial centers of the Midwest, such as Michigan and Ohio, are home to struggling durable goods manufacturing centers with high unemployment rates, but are home to relatively few immigrants.

The question of whether or not immigration causes unemployment should be largely laid to rest. Remedies for high unemployment lie in economic policies such as stabilizing the U.S. financial sector, removing unfair trade barriers, and investing in new infrastructure. But unemployment should not be blamed on immigration or immigration policy.

With rising unemployment, immigrants are less likely to come to the United States.

In a bad economy, undocumented workers may be the first to lose their jobs.


Immigration and Wages

Quote:
Most economists who have studied the effect of immigration on the wages of U.S. born workers have found a small but positive relationship. In other words, as the chart below shows, immigration tends to boost the wages of U.S. born workers (and at all levels of education). At the same time, immigration does tend to lower the wages of foreign born workers in the U.S.


There's an internal link to a complete study.


This study finds that illegal immigration does slightly depress wages for low-skilled workers, but the impact on the US economy is minimal.
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bigverne



Joined: 12 May 2004

PostPosted: Thu Mar 28, 2013 6:19 pm    Post subject: Reply with quote

I will try and read those reports when I have the time.

One point I will make is that from the end of WW2 until the 1970s, the USA saw very large real wage gains. This was also a time when immigration was largely restricted and before NAFTA and the suicidal offshoring of jobs to China and elsewhere. Since the 1970s, median wages have stagnated, while the rich have become increasingly more wealthy. At the same time, immigration, both legal and illegal, has massively increased.
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Fox



Joined: 04 Mar 2009

PostPosted: Sun Mar 31, 2013 3:29 pm    Post subject: Reply with quote

Cyprus Parliament President Says "No Future" Under Troika, Calls For "Iceland" Solution.

Quote:
Just last week Yiannakis Omirou, Cypriot House of Representatives President, was calling for the nation to accept it is "time for responsibility" as they progressed towards a final solution; and yet today, as Cyprus' Famagusta reports, he believes the 'Troika-imposed' responsibility will, "turn Cyprus into a colony of the worst possible type." His 'Icelandic' solution is to "leave the Troika and EMS behind," to ensure "national independence, national sovereignty, moral integrity, and economic independence." He may have a point; judging from the chart below of the Troika's poster-child Greece, relative to Iceland, things are not going so well. As Omirou ominously concludes, "if we remain bound by the Troika and the memorandum Cyprus� destiny is already foretold and there will be no future."
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