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  • scottzzz 6:58 am on 2011-02-03 Permalink | Reply
    Tags: Fed, Jobs,   

    After Trillions Pumped into the Top of the Pyramid, Why is Unemployment Still So High? 

    via zerohedge.com, Tyler Durden:

    Ron Paul has announced that the first Monetary Policy subcommittee meeting will focus on one of those two now forgotten Fed mandates, that of creating jobs. “I’m very pleased to hold our first subcommittee hearing in the new Congress on a topic that could not be more critical, namely unemployment. Despite enormous amounts of monetary and credit expansion by the Federal Reserve in recent years, the nation’s unemployment picture remains bleak. While many focus on the impact of fiscal policies on employment, the effect of monetary policy often goes unexamined. In my view we are now experiencing the bust that inevitably results from the misallocation of capital and human resources in a period of artificially cheap credit. It is important to understand the Federal Reserve’s role in creating today’s unemployment crisis, while also highlighting that high unemployment and low economic growth can persist even in the face of tremendous monetary inflation.”


  • scottzzz 12:08 am on 2011-02-03 Permalink | Reply
    Tags: , Jobs   

    What are your top three priorities for the city and how would you accomplish them? 

    Jobs for everyone who needs one, because in our society nearly every shred of human dignity has been enshrined in the almighty job. But we actually DO have a lot of work to do–to invent, build, restore, and cleanse the vital life-giving and saving parts, while deliberately deploying local solutions designed to help us weather the gathering financial and geopolitical storms. We need to look to durability and stability in our policies, to secure an economic environment that will expand our competitive advantages of businesses who have found a home here, as well as attract a diversity of other enterprises to this entrepreneurial center.

    • scott4mayor 12:09 am on 2011-02-03 Permalink | Reply

      Rather than suckle the meager tits of the failing federal, and schizoid state governments, we can work to insulate our city from the effects of the global and national financial and economic atrocities that are starting to hit home pretty hard for some in our community.

      We’ve got to give the corporatism a break for a change. And the public-pseudo-private partnership garbage. Give it a rest. Time to evolve into a mode of an economically, self-sufficient enterprise unit with a bias towards durability–something that somebody never bothered to consider. Whether it feels like it or not, we’ve come off of a decade-long offensive against the American people by their governments at every level, funded by empty investments, stolen from pension funds, peddled to unsuspecting victims worldwide, then bailed out by interest payments to be made by our children and grandchildren with dollars rendered worthless by unfettered deficits, and all owed to the very same entities that masterminded this universal cash heist.

      It is time for the City to prove it cares for every individual by at least treating them as well as they would treat the latest zombie corporation on the verge of implosion, or the latest hair-brained idea to juice our marketing portfolio. Or the latest

      Lets swap the weird partnerships and marketing conglomerates and all the other government-funded front organizations for the state-sponsored corporatized-capitalism for some free-people-ism. Let’s find out what happens when we let the people make their votes with their own money and in their own way.

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