Friday, October 4, 2013

A few comments and some news and maybe some music.

Slate - What Undercover Boss and The Jetsons Tell Us About the Future of Jobs. Two researchers are claiming that in the next 20 years, the United States may lose 47% of our jobs.

That was the news. I had some other articles; but, as I went and looked back at them just felt they were redundant to what is all over the news now. The Affordable Health act (Obamacare) is in effect and the world has not ended, the federal government has closed certain offices because congress refuses to pass a budget and has decided to put on a blame game show to pander to their perceived audiences.

Yahoo - Reuters - JPMorgan's Dimon gives up chairman role at bank subsidiary. There has been a lot of changes at JP Morgan in the last two months. Now, Mr. Dimon stepped down as the chairman of one of it's subsidiaries; but, has moved over to another spot which becomes relevant if the bank becomes insolvent and needs to be broken up. Mr. Dimon knows the bank is insolvent and about to pay another 11 Billion in fines for their role in the mortgage mess.

Here is something you can count on. The people with the most inside information know when everything is going to come apart. The standard play is to get out just before things come apart, the rats are always the first to leave a sinking ship. The Board of Directors and the shareholders of JP Morgan will be pummeled when things come apart; but, they voted to keep Mr. Dimon on even after the LIBOR and other scandals. They kept him because he made money and they didn't care how he did it. They deserve to lose everything and they will; but, I bet Mr. Dimon does just fine and will claim that everything was good when he was in charge.

I was talking to the President of a company that I deal with today. I have known him for a number of years and have always enjoyed his company. We talked some business and then about the world in general. His company works within the state and has no overseas or interests outside of the area. They have a fairly traditional American business model and as far as I know they have no debt. It is a well run, conservative business model. They supply a product and seek to be well run and operated. They have not sought to convert people to part time employment in order to avoid paying health insurance and have always been involved in their community. JP Morgan does not consider itself part of this nation, they see themselves as multinational and don't really care what happens here. That is a dangerous situation for this nation; but, there are alternative banking models.

RT - Keiser Report: JP Morgan's Financial Herpes (E505). In the second part of this video Mr. Keiser talks to someone about state run banks, The state of North Dakota and foreign countries have banks that are owned by the government and are focused on investing in their communities. This is an idea that needs to be explored. When the private banks fail, governments and pensions will lose lots of their money, this will not happen in North Dakota as their bank is where all of their taxes are kept.

When the crash comes, I hope that my readers are not disturbed or surprised. Whether you know it or not, I actually care about you. This blog has been quite an experience and not what I had intended. It has in fact lasted much longer than I intended. For one thing, I never intended for this blog to be so personal, it began discussing philosophy and metaphysics. It was rather dispassionate as I recall. Somewhere along the way it became personal. I think because it is a minor bump on the internet I feel free to be personal. It is pretty much the same as the things that I tell friends face to face.

The thing that globalists forget is that the world is a series of families and communities, not just consumers. A world of people who are not connected to others is a world of sorrow. Now for some music. Hope you like it.

YouTube - Kacey Musgraves - "The Trailer Song" Live at the Grand Ole Opry.

YouTube - Shiane Hawke - Mercy - Auditions - The X Factor Australia 2012