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Informing Hawaii's voters

Labor Force Rate: A Lie That Serves the Rich

Paul Craig Roberts

The Truth about the American Economy

By Paul Craig Roberts

September 4, 2014

The labor force participation rate has declined from 66.5% in 2007 prior to the last downturn to 62.7% today. This decline in the participation rate is difficult to reconcile with the alleged economic recovery that began in June 2009 and supposedly continues today. Normally a recovery from recession results in a rise in the labor force participation rate.

The Obama regime, economists, and the financial presstitutes have explained this decline in the participation rate as the result of retirements by the baby boomers, those 55 and older. In this five to six minute video, John Titus shows that in actual fact the government’s own employment data show that baby boomers have been entering the work force at record rates and are responsible for raising the labor force participation rate above where it would otherwise be.


YouTube introduction of above video

It is not retirees who are pushing down the participation rate, but those in the 16-19 age group whose participation rate has fallen by 10.4%, those in the 22-14 age group whose participation rate has fallen by 5.4%, and those in the 24-54 age group whose participation rate is down 2.5%.

The offshoring of US manufacturing and tradable professional service jobs has resulted in an economy that can only create new jobs in lowly paid, increasingly part-time nontradable domestic service jobs, such as waitresses, bartenders, retail clerks, and ambulatory health care workers. These are not jobs that can support an independent existence. However, these jobs can supplement retirement incomes that have been hurt by many years of the Federal Reserve’s policy of zero or negative interest rates. Those who were counting on interest earnings on their savings to supplement their retirement and Social Security incomes have reentered the labor force in order to fill the gaps in their budgets created by the Fed’s policy. Unlike the young who lack savings and retirement incomes, the baby boomers’ economic lives are not totally dependent on the lowly-paid, part-time, no-benefits domestic service jobs.

Lies are told in order to make the system look acceptable so that the status quo can be continued. Offshoring America’s jobs benefits the wealthy. The lower labor costs raise corporate profits, and shareholders’ capital gains and performance bonuses of corporate executives rise with the profits. The wealthy are benefitting from the fact that the US economy no longer can create enough livable jobs to keep up with the growth in the working age population.

The clear hard fact is that the US economy is being run for the sole benefit of a few rich people.

Copyright © Paul Craig Roberts 2014

About Paul Craig Roberts

Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments and his Internet columns have attracted a worldwide following. Roberts' latest books are The Failure of Laissez Faire Capitalism and Economic Dissolution of the West and How America Was Lost.

NATO Summit Opens in Wales

Sep 4, 2014

World leaders are arriving for the NATO Summit held at the Celtic Manor Resort in Newport. The summit has been marked by protests and one of the largest security operations to ever take place on British soil. Ukraine and Islamic State will top the agenda. LIVE UPDATES: http://on.rt.com/zfkuzt

France Suspends Delivery of Mistral Carrier to Russia, Citing Ukraine Situation

Sep 4, 2014

Russia Today introduction: France has suspended delivery of the first of two Mistral helicopter carrier ships to Russia, due to events in eastern Ukraine. Two ships were commissioned by Russia in 2011 at a cost of $1.6 billion. 'The Vladivostok', was due to come into service this year, 'the Sevastopol,' due to be completed in 2015. FULL STORY: http://on.rt.com/x2k4wt

Monsanto Wants In on Ukraine

Monsanto GMO corn on Kunia Rd, Oahu. Click photo for enlargement

Russia Today

August 30, 2014

Ukraine’s bid for closer ties with the west could come at a cost. With the IMF set to loan the country $17 billion, the deal could also see GMO crops grown in some of the most fertile lands on the continent, warns Frederic Mousseau.

Very few, not least the Ukrainian population are aware of these details, but according to Mousseau, who is a Policy Director at The Oakland Institute, in return for the cash, Ukraine could very well become a test ground for GMO crops in Europe, something the rest of the European Union has been looking to prevent. RT caught up with the Frenchman, who voiced his concerns at what may lay ahead.

RT: When this $17 billion deal is approved by the IMF and the Ukrainian ban on GM crops is lifted, does that mean it is just a matter of time before Ukrainian farmers grow modified crops?

Read more . . .

Public Meeting Set on Proposed Return of Military Lands to State of Hawaii

From Oahu Council for Army Downsizing

Subject of talk: Army Downsizing on Oahu — Information briefing, followed by discussion and Q&A
Speaker: Retired Army Colonel AL Frenzel, former U.S. Army War College Faculty Instructor, logistics and force restructuring specialist
Location: Waianae District Park, Multi-Purpose Room, 85-601 Farrington Hwy, Waianae (Oahu)
Time & date: 7:00-8:30 p.m., Tu, October 14, 2014

Colonel (retired) AL Frenzel will provide an overview of the Department of Defense's recently announced downsizing of 100,000 to 130,000* personnel stationed in 19 states, including Hawaii. Col. AL Frenzel is the director of the non-governmental agency, the Oahu Council for Army Downsizing (OCAD).

The OCAD supports and actively advocates for the downsizing of Army Forces on Oahu. The OCAD does not consider the bulk of the Army's forces on Oahu to be strategically located since these forces do not have readily available airlift or sealift to support their transport to anywhere in the Pacific as quickly as may be needed. Moreover, the OCAD believes the Army on Oahu lacks critically needed 'forced entry' capability to allow it to enter hostile environments, a capability already possessed by the US Marines presently on Oahu and throughout the Pacific. The OCAD believes taxpayers cannot afford to pay for redundant forces competing to do the same job and redundant, geographically isolated forces occupying critical lands and consuming valuable resources that are important to the State of Hawaii and the Hawaiian community.

The OCAD wants the people of Hawaii and Oahu to understand the goodness that can occur if the Army is downsized on Oahu in the quantities proposed by DoD. The OCAD believes the cuts proposed should occur in the near term and that the following bases and geographic areas be returned to the State of Hawaii via the Base Realignment and Closure (BRAC) process: Schofield Barracks, Wheeler Army Airfield, Makua Valley, Dillingham Military Reservation, and Kolekole pass with unimpeded access on Lualualei Naval Road. The OCAD believes the DoD's recommendation for cuts provides a 'once-in-a-century' opportunity for Hawaii Nei; if military forces on Oahu are not cut during this round of force structure cuts, then nothing will change on Oahu militarily — there will never be another round of cuts like this for Hawaii in any of our lifetimes.

*130,000 mandated if FY16 sequestration is not delayed or cancelled.
____________________________________________________________________________

The states/bases on the chopping block are listed below. The political power base in the states other than Hawaii is huge compared to what Hawaii's freshman Senators and Congresspersons possess. Some naive folks might also believe the Army cuts won't happen; but the Quadrennial Defense Review 2014 and the DoD are locked in at cuts down to 450K — all DoD is trying to do now is fight the potential sequestration cuts down to 420K — they might succeed in this, but that's still a cut of 100,000 minimum.

Locations Nominated for Personnel Cuts

Fort Bliss, Texas 16,000
Fort Bragg, North Carolina 16,000
Fort Campbell, Kentucky 16,000
Fort Carson, Colorado 16,000
Fort Drum, New York 16,000
Fort Hood, Texas 16,000
Fort Riley, Kansas 16,000
Fort Stewart, Georgia 16,000
Joint Base Lewis-McChord, WA 16,000
USAG Hawaii (Schofield), HI 16,000
Fort Benning, Georgia 10,800
Fort Knox, Kentucky 7,600
Fort Sill, Oklahoma 6,800
Fort Polk, Louisiana 6,500
Joint Base San Antonio-Texas 5,900
Fort Wainwright, Alaska 5,800
Fort Leonard Wood, Missouri 5,400
JB Elmendorf-Richardson, AL 5,300
Fort Gordon, Georgia 4,600
Fort Belvoir, Virginia 4,600
Aberdeen Proving Ground, MD 4,300
Joint Base Langley-Eustis, VA 4,200
USAG Hawaii (Fort Shafter), HI 3,800
Fort Irwin, California 3,600
Fort Lee, Virginia 3,600
Fort Meade, Maryland 3,500
Fort Jackson, South Carolina 3,100
Fort Huachuca, Arizona 2,700
Fort Leavenworth, Kansas 2,500
Fort Rucker, Alabama 2,500


Links:

Oahu Council for Army Downsizing

Oahu Army Downsizing with Col. (Retired) AL Frenzel [Think Tech Hawaii] (43 min video) Aug 18, 2014

AL Frenzel Unveils Plan for Hawaii to Gain Handsomely from Army Downsizing [Hawaii Political Info] Jul 29, 2014

Who Is David Ige?

Honolulu Civil Beat

Denby Fawcett spends a recent morning getting to know the Democratic contender for Hawaii governor

September 2, 2014

By Denby Fawcett

Democratic gubernatorial candidate David Ige was barely known to Hawaii voters when he trounced Gov. Neil Abercrombie last month in the biggest upset of an incumbent governor in a primary election in U.S. history.

Today, the 57 year-old Ige’s name is widely recognized here but most residents still don’t know much about him as a person or as a candidate.

They probably are unaware that he kept his parents in the dark after prestigious colleges such as the Massachusetts Institute of Technology accepted him, and to this day he irons his own clothes and cooks his family’s everyday meals, and that he once liked to “toilet paper” his friends’ cars.

Read more . . .

Links:

Gubernatorial Candidate David Ige Cancels Forum Appearance at Last Minute [Hawaii Political Info] Aug 23, 2014

David Ige's Excuses for His Last-Minute Cancellation of Forum Appearance [Hawaii Political Info] Aug 26, 2014

David Ige in the Car with Andy Bumatai [Hawaii Political Info] Jul 31, 2014

David Ige 1-Hour Radio Interview [Hawaii Political Reporter] (no relation to Hawaii Political Info) Jul 22, 2014

Ron Paul Opens Up about What He REALLY Thinks about 9/11!

“I believe that if we ever get the full truth, we’ll find out that our government had it in the records exactly what the plans were, or at least close to it.”

Donetsk Republic Sends Captured Soldiers Home to Families

Paul Craig Roberts introduction: This is an extremely interesting 9 minute video from the Donetsk Republic. It shows extraordinary humane treatment and release of captured Ukrainian soldiers. The Christian behavior of the Donetsk Republic puts to shame the crude barbarians who rule in America and Europe and the media shills who whore for the Western barbarians.

September 1, 2014

SWAT Team Runs Violent Raid on Innocent Indiana Grandmother

Police State USA

Male neighbor had piggybacked on her wireless Internet to trash talk the police

"They could have knocked. I didn't even know there was a search warrant," said the 68-year-old woman.

August 16, 2014

EVANSVILLE, IN — An innocent elderly woman’s home was raided by SWAT when she was suspected of using the internet to trash-talk and post threats toward the local police. In response, gun-wielding assailants breached her doors and windows in a violent search for electronic evidence.

The hair-raising incident took place at the household of Louise Milan on Powell Street. It was the place where she and her husband had raised their six children, and had lived for three decades.

On June 21, 2012, the solitude of the familial home was shattered — along with numerous doors and window panes. Louise Milan, 68, was home with her adopted daughter, 18-year-old Stephanie Milan. Around midday, Louise had been straightening her bedroom when she heard a terrifying sound from downstairs.

14 News, WFIE, Evansville, Henderson, Owensboro

Read more . . .

World's Oldest Person Turns 127

Credits chocolate, sleeping and being single

Sep 2, 2014

Leandra Becerra Lumbreras, reportedly the oldest person in the world, turned 127 on Sunday, at her Zapopan home in the Mexican state of Jalisco. Lumbreras says that she was born on August 31, 1887, but she apparently lost her birth certificate over 40 years ago while moving house. During her lifetime, the great-great-grandmother stated that she met Mexican guerrilla hero Pancho Villa. Her family stated that apart from having a defective lung, the 127 year old is 'doing fine', declaring that she kept her health by eating chocolate, sleeping a lot, and not getting married. According to Mexican media, Lumbreras has a total of 73 great-grandchildren and 55 great-great-grandchildren.

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