Author Archives: BZ
Protectionist
The financial flows that sustained these deficits did not go to expand the U.S. capital stock – they mostly financed consumption of foreign goods,” they explain. “Japan and China and other Pacific Rim nations stole industry after industry from the United States. America’s manufacturing investment declined so much that by 2004 and 2005, net investment in American manufacturing actually went into negative territory, meaning that U.S. manufacturers were not even investing enough to replace wearing out machinery and plants.
The U.S. manufacturing workforce declined steadily, so that by 2007 over a fifth of the U.S. manufacturing jobs that would have existed given balanced trade had been lost. Those losing their manufacturing jobs often took less skilled jobs in the service sector, causing media wages to stagnate. In 2007, the United States was in a much weaker position to compete in world markets and the dollar had nowhere to go but down.”
Note To Demorats:
- The nation is in a depression (no matter what anyone says);
- The housing market by itself tanked the entire economy;
- This consisted of loans offered by greedy banks;
- And loans signed off by stupid borrowers;
- Gas is over $4 per gallon for diesel; soon to be $4 per gallon for gasoline;
- Food prices are spiraling;
Sounds like an exquisite time to raise taxes on every level because, clearly, consumers and the American electorate aren’t paying nearly enough money to government!”
To fight global warming, a bill in Sacramento would enable Los Angeles County transit officials to increase taxes on motorists. It’s a bad idea that may foreshadow even worse to come.
Billed as a “climate change mitigation and adaptation fee,” the measure would cost motorists either an additional 3 percent motor fuel tax, or up to a $90 annual flat fee, based on vehicle emissions. The new charges would be on top of taxes already paid at the pump. Either option requires a majority approval by a vote of the people.
The Ultimate Outsource
All those Left wing and socialist assholes ensconced within the moribund newsrooms of various MSM outlets are suddenly finding themselves the subject of the ultimate outsourcing:
CBS Said to Consider Use of CNN in Reporting
By TIM ARANGO
CBS, the home of the most celebrated news division in broadcasting, has been in discussions with Time Warner about a deal to outsource some of its news-gathering operations to CNN, two executives briefed on the matter said Monday.Over the last decade, CNN has held intermittent talks with both ABC News and CBS News about various joint ventures. But during the last several months, talks with CBS have been revived and lately intensified, according to the executives who were given anonymity because of the confidential nature of the negotiations.
Broadly speaking, the executives described conversations about reducing CBS’s news-gathering capacity while keeping its frontline personalities, like Katie Couric, the CBS Evening News anchor, and paying a fee to CNN to buy the cable network’s news feeds.


