Cities, states, and municipalities are sinking by the minute. And unless unions agree to concessions (which they won't) massive layoffs are coming everywhere you look. New York City is a prime example.
Please consider NYC May Lay Off 19,000 Workers If State Cuts Aid
New York City will have to lay off more than 10,000 public workers, in addition to 8,500 teachers, if the state legislature approves the $1.3 billion of cuts the governor proposed in his deficit-closing budget, Mayor Michael Bloomberg said on Monday.
The mayor, in a speech to the legislature, estimated 3,150 police officers would be cut, reducing the force's "operational strength" to 1985 levels.
About 1,050 firefighters would have to be let go, along with 900 correctional officers, and the city would have to cut its daily inmate population by 1,900, he said. The number of at-risk children that service workers monitor would fall to 2,700 from 9,000, Bloomberg said.
The mayor, an independent, said Governor David Paterson's budget "utterly fails the test of fairness." He told lawmakers: "You can't lose control of the streets in terms of safety or cleanliness. You can't lose control of the streets in terms of an ambulance or a firefighter showing up."
More Here..
Yeahp. Here's about where it starts getting ugly(ier).
ReplyDeleteFebruary, 2010 and municipality after municipality is coming up way short.
The snowball effect is going to work very well here as well, massive job and business loses by the end of the year.
Murphy's law. If you ain't Irish, you're gonna get a severe ass beating. Twice.
Yeah yeah yeah more fear mongering. Just look at the pile of crap in this blogs archive, how many thing have been coming, hyperinflation, collapse, depression, deflation, housing collapse, stock market collapse, state collapse, US $$ collapse, martial law, gold price above $2,000, oil price above $100 and more, more more still coming. So far nothing. This blog is just a trap to get you to buy survival kits and to make donations to an EA who knows nothing about the economy. Just have a look in the archive of this blog, crap has been piling up for two years now it really stinks bad.....am outa here
ReplyDeleteI found your blog only today. I believe they have great and interesting contents here. All articles are worth a reading.
ReplyDeleteNice sharing and keep posting more like this and make us updated.
11:33 agree with you. My stockpile of food is nearing expiry date and still no sign of depression and all the crap. Waste of time. Just fear mongering..........11:45 get out of here while it is still time or else you will end up wasting your precious money piling on food, buying survival kits and donating to the big stupid moron EA.
ReplyDeleteHEY Enonymous 11:30, 12:00 (same guy?) history seems quick, when you read it in a book,when living it, it is slowwww. History shows ALL 279 fiat currencies of the past(ruff #)ALL FAIL! 11:30 we can not help it, if you do not rotate the food in your pantry, and you are saying there wasn't a housing collapse, and a banking collapse, and were not in deflation(est.13 ta,ta,ta,trillion injectedinto system and no major inflation right now),states are not collapsing, the stockmarket didn't collapse, and gold prices haven't spiked? We have just started this roller coaster ride, HOPEFULLY the worst is behind us, but it doesn't look that way to me,REMEMBER, history moves slowwww when living it.
ReplyDeleteDo you notice the trolls ALWAYS use personal attacks, instead of attacking substance? KEEP up what you are doing SD, YOU CAN LEAD A HORSE TO WATER BUT YOU CAN'T MAKE HIM DRINK! We (who understand history, and the BIG picture) out # the ACCORN employees who go to web sites(and who get paid for it, instead of being productive in society) and place enonymous statements that are just plain none-sense I am enon.3:48,
ReplyDelete11:33 is B Bernanke? The troll.
ReplyDeleteI am enom. 3:48 says: I live in nevada, 2 relatives, 1 works for county, and 1 works for state(and I REALLY HOPE their jobs are secure, they have 2 little people and 2 little people getting bigger by the year to feed) They are a little concerned about job security, because funding cuts ARE comming!! RIGHT AGAIN ACCORN GUY anon. 3:33. DO YOU want to sell any guns, camping equip. ammo, or preps? I will give you PRECIOUS FEDERAL RESERVE NOTES for all of it!
ReplyDeleteI forgot, I will also buy any gold and silver you have, (at 1990 prices)since you are convinced gold and silver isn't going to 2000, 60 $'s an ounce(respectivly)
ReplyDelete1 last thing, on the live traffic(at 4:41 am pct) I see UNITED STATES ARRIVED on this site, no city? hum? I see miami, cedar park why no city with United States? Goverment Brown Shirt Snoopers??
ReplyDeleteThere are two high profile individuals claiming anywhere from 30% to 66% devaluation of the Dollar by late/early 2010/11. Both are intimately aware of the Syndicate, and one gets called by one of its insiders from time-to-time (the 30% - 50% guy; a long-standing Christian minister; the other fellow is a well known, credible economist).
ReplyDeleteThe reason is really simple to grasp. Debt and a world-wide oil production bottleneck. The Syndicate needs to remove more and more automobiles from the road system and make air transportation less affordable. There simply isn't enough oil to go around for everyone and production is declining.
How do you do this?
Answer: devalue your currency (print more), making everything more expensive all at once. At the same time you fix some banking holes.
Now let's get back to your life. Okay. Your non-debt expenses go up, say 50%. Guess what? If you own gold and/or silver, you can mitigate some of these for a while, as you watch some of your less fortunate and less informed neighbours dump their cars and/or lose their homes altogether.
The patterns and trends are clear for all to see. Oil is moving up in price SUBSTANTIALLY to tame world demand. That means real estate prices have to go lower so more income is available for food, transportation, manufactured goods and energy. You don't need to contact an investment broker to understand this. It's real simple.
The people who get caught in all of this are the ones who are living paycheque-to-paycheque, like many retirees and low income families.
Structure yourself accordingly, else you'll pay the price, literally.
Gold, silver and platinum are excellent hedges, needless to say. The fellow who claims that the long-term goal for PMs is down is a fool and/or intelligence plant.
My photocopying business just gets better and better.
ReplyDelete11:33 ill buy whatever gold you have right now for 1000 a oz you must have a good job not to see what is taking place. I understand because my own family doesnt see it so good luck
ReplyDelete11:33 & 12:00, if you are the same individual, then you are doubly stupid. Anyone that is not seeing the growing pattern of the further downturn of the economy is as I said earlier, stupid. When the crap hits the fan, then suffer fool.
ReplyDeleteLos Angeles is officially broke. Naturally that worthless, burrito breath mayor announced the near future layoff's of hundreds of police and firefighters. The city had plenty of money to pay for Michael Jackson's funeral at the Staples Center, an estimated 4-5 million. The unions won't budge, so incompetent teachers still get full pay and benefits. Water mains are constantly bursting, as the DWP retirees continue to enjoy their fat retirement incomes. Some of those bastards are pulling in nearly $200K a year.
ReplyDeleteGlad I don't live in LA.
More taxes, fewer services, and higher unemployment. That is the premise going forward. We are being backed into a corner, something's got to give?
ReplyDeletefrom the times that this troll posts, I think the government outsource it to INDIA. Cheapskates
ReplyDeleteAnd so it begins.....
ReplyDeleteThe trolls need to go back to watching their TV.
@ 6:00, the two people you refer to are nothing but salesmen trying to sell a product, and the one should stick to the pulpit instead of claimin to have special "inside" tracks on stuff he knows nothing about.
ReplyDeleteI LMAO at all the idiots who think that even if there was a master plan, that they would leak stuff out,LOL.
9:21 you NEVER know who is posting on this board.
ReplyDeleteI think 11:33 is Dennis Kneale, the blind in one eye, and cant see out the other talking head, who didnt see anyhting coming and is just as oblivious now, as ever.
ReplyDeletePoor troll lol. Got caught talking to himself again. Too funny. His mother came down the stairs with his oatmeal, no typing for a few minutes.
ReplyDeleteI know for a fact that the Vatican posts here every week. That's because I am posting from the Vatican! Hola, mes amies! Come and take a tour sometime!!
ReplyDeleteSome people here think the collapse is going to happen in a giant wave, what they don't understand is that it's happening on an individual level. One by one, people are losing their jobs, defaulting, losing their cars, homes, etc. It doesn't just happen overnight with a bang, it is a gradual descent and process.
ReplyDeleteCan't you fools like the troll at 11:33 think critically?
Slowly cook those frogs!!!
ReplyDeleteLearn the truth!!!!!!
http://www.infowars.com/
look people this has been coming for 30 years . Like everything it builds up slowly than the climax we are not far off from the climax. It wont be fun
ReplyDeleteThe U.N. wrote Agenda 21 in 1962. Look it up!
ReplyDeleteAnd while your at it look up
Codex Alimentarius And see how they want to kill you with the food!!!!
Alex Jones is OKAY...he has a learning ability, which is not something to joke about. But I think it hinders his ability to discern some of the truth.
ReplyDeleteIf I were you and had to choose one link to post religiously, I would choose one that was more level in its approach.
The Center for Media Research has released a study by Vertical Response that shows just where many of these ‘Main Street’ players are going with their online dollars. The big winners: e-mail and social media. With only 3.8% of small business folks NOT planning on using e-mail marketing and with social media carrying the perception of being free (which they so rudely discover it is far from free) this should make some in the banner and search crowd a little wary.
ReplyDeletewww.onlineuniversalwork.com