Obamanisum
Tribune needs a bailout
How on earth a newspaper organization that started in 1847 ended up in bankruptcy is really easy to answer and is as easy to answer for anyone that is loosing their home or business right now.
Something to think about and we hope this does not happen
How many US businesses will be partly or wholly owned by the tax payer (our government) is a real issue that should have every single American citizen feeling a little insecure.
This becomes what is known as state owned or communism (a harsh word with a bad past for give me) just look at what we predicted below about the Obama statement of US infrastructure work programs and compare it to state owned government countries where the people work for government backed private employers, what ever you want to call it.
Now back to the Tribune
They sell advertising and subscriptions so how do you accumulate 13 Billion Dollars with “B” in debt or even are allowed to build up such a debt knowing that you are going to destroy a company that has been getting along for over 153 years.
This is a clear shame and the company itself is a victim of management nowisum and corporate greed making you no better of smarter then the greedy home buyer who knew they could not afford the house but thought bigger returns on a bigger house is a better 20% gainer unless the economy turns (oh ya it did).
Welcome in the easy credit that coupled with a belief that all things known around the Logic’s place as stuff would continue to rise in price and value. That American’s would buy anything and everything, we knew this was ending so where was management and the experts back in 2002/2003. The potentaul income to debt ratio clearly got seperated and expanded out of total control.
Income to debt ratio
It is not ok but a little clearer to how consumers got caught up in the belief that their home would just go up 20% plus each year even though no person could be this dumb (we did not think) if they were capable of knowing to buy a house and not realizing that while all this stuff was going up in value their payroll checks increased a little or remained the same year after year that this meant that there was a ratio of separation going on.
What we find most amazing is personal, company and corporate money management was not living in the real world and this is being well discussed around here about non-management of resources and this has really lead to where we are all at right now.
Obama Omama Talk
Look to our newly elected leader to break the required promises he made to get elected and this is important to share that we all please pay close attention to what you see getting done by our leader and not what he comes out and says to us.
Expectations set to high lead to a real letdown
We are going to look forward and envision the future 3 to 4 years of Mr. I will make it better who now after election admits it is going to get worse before our economy gets better (no brain-er sir, that is how the economy adjusts, a price must be paid) and we will come out of this stronger then before.
Unfortunately we will also own as a tax payer and owners of the US Government and their US backed bailouts a piece of poorly run businesses and over priced home loans that three generations will be paying for if our calculations did not fail us before the thought of US consumers becoming savers once again fails us in forward looking easy times, leading this third generation to begin spending like it is 1999 only it will be 2026 to 2036.
Unemployment
Here comes the biggest issue of all, with the highest unemployment headed our way in Q-1 2009 through 2010 (35 to 45% derived 25 actual 1929 + those that can but do not choose to work 15% +/- 5%) and with American’s returning to post depression saving ethics and education of those carbon footprints they all needed to have, America’s government will not find it as easy to increase consumption taxes but will target all working American’s to begin the slow loan payback for these newly printed dollars.
Times have changed, so has our work force
If you think Logic is wrong then why is the government returning to government subsidized infrastructure building to a scale not seen since following the great depression already? because they have trend analysis (they are doing the math) however this time we are dealing with a society that does not have mechanical skills, the greatest work ethic or the will of manual labor just ask anyone under 30 years of age where the oil dip stick is located in their car and they are going to look at you like you are insane, cars no longer leak oil is their excuse.
30+ years of tax hikes
This is going to lead to tax hikes, do the math please the government has no choice but to tax all of us that actually work in America today and by the way the few rich cannot pay the way for the masses and as a reminder no investment in the world can support the masses including government intervention.