to beseech a taxpayer rescue.
Freddie lent out and lost all his clout
And Fannie came groveling after.
Sooooo America, are you ready to be held responsible for the balance of your neighbor's liar loan? For a country that prides itself on its rugged independence and self-reliance, we sure are getting liberal with the hand outs lately. Apparently, it pays to spend like a drunken sailor on shore leave cuz cousin Hank will always be there to bail your ass out.
Now, here's a little mental exercise for you. Think back to the trashy couple that bought the 3000 square foot home just down the street. You know the ones . . . he drives a propane truck and she's a receptionist at a chiropractor's office. Come on - The ones whose 4 lead paint-eating kids still think rat tails give them a certain cool edginess. Well, here's the bad news: your tax dollars are going to ensure that they pull through this subprime mess.
Now for the good news. There is no fucking good news. These people live right down the street from you and won't be forced back to the trailer park
The MSM propaganda machine will be swarming all over this impressive albeit fleeting market rally like paparazzi to Lindsay Lohan's aborted fetus. CNBC's resident savants [read: blathering imbeciles] Larry Kudlow and Mad Money's Jim Cramer will wage a relentless war against common sense until otherwise reasonable people finally succumb to their siren song of the eternal bull market. One can almost hear their bawling exhortations already: "We've finally found the bottom of this topsy turvy market and it's gonna be clear sailing from here. Time to jump back in and pad your portfolio with some nice blue chips". Gawd!
The bulls will certainly be on parade for the next few days. We may even hit 12K in the coming weeks but it's a sucker rally to be sure. The market will spike just long enough to convince grandma and grandpa to throw their already diminished retirement savings into the void. A couple trillion more in market value will be shaved off and arrogant pricks in $2500 suits will shrug their shoulders and walk away until Paulson and Co. bail them out too.
There is more going on here than meets the eye, however. I suspect what we're actually getting is nothing short of Enron Redux. Maybe all you Gossip Girl fans believe that nearly every major financial institution in the mortgage biz got their dicks slapped shut in the cookie jar while WF miraculously managed to come out unscathed, but I don't buy it for a fucking minute.
Put plainly, WF is cooking the books. To what extent they've been manipulated remains to be seen but I imagine someone over at KPMG has been getting pretty creative over a bottle of merlot. Only time will tell, I guess.
Wells Fargo, the second-biggest U.S. mortgage lender, has said it avoided subprime loans, which caused more than 100 companies to close, be sold or halt operations since the beginning of 2007.
THIS:
OR THIS:
What you believe you're entitled to:
What you're going to get:
What you should be doing:
What you are doing:
What you naively believe the future holds for us:
What's really coming:
This:
And a hefty dose of this:
It's a brave new world, folks. Get out there and enjoy the new iPhone. I hear some publication may pay $15 million for first rights to pics of the Pitt twins! What a bargain! Did you hear about A-Rods latest contract? How about that John Mayer/Jennifer Aniston thing - looks like it could go all the way. That's would be, like, so fucking cool, like, ya know. Did you see that the A.L. won the All-Star Game? Great stuff! Man, I sure hope Tiger gets back in the game soon. Golf just won't be - rolls eyes - as exciting without him.
Now, make sure you don't deviate from the plan. You know the one: if I ignore it, it doesn't exist. Nothing bad can ever happen if I've got my head lodged up my ass. Keep watching fantasy movies about trolls and goblins while the real monsters loot and pillage and rape. Enjoy celluloid bullshit spy/assassin flics while you can cuz it won't be nearly as enjoyable when the NSA locks you up in some Eastern European dungeon on trumped up treason charges or government sponsored goons attach electrodes to your nutsack. Keep enjoying sadistic horror films, but remember, reality will soon trump fantasy and you'll wake up and find yourself smack in the middle of a real life fucking nightmare.
So, America - how did it feel watching the run on Indymac yesterday? What's that you say? Who's "Indymac" and what's this "run" you speak of? Too busy watching American Gladiators, eh cumstain? By all means, keep your head buried comfortably up your wide ass while the rest of us slip out the back door and withdraw your cash from America's many, ahem, fine financial institutions. Not to fear though; there's going to be plenty more turmoil and desperation in the days to come. Dozens of banks are set to fail, and in much more breathtaking fashion. Very soon, gunshots will ring out from frantic crowds and reports of fires engulfing entire city blocks will start surfacing. That's when the real fun begins.
What did you feel when you saw genuine desperation etched on the faces of America's degenerate hordes? Did you feel exhilarated, if not a little privileged, to witness the opening round of America's complete and utter economic implosion or did you recoil in horror? Did you rush to Google and FDIC.com to assure yourself that your money was safely tucked away in an FDIC member bank?
Allow me to let you in on a little secret: FDIC means exactly FUCK ALL!! Want to know why? Because the US dollar has now become the world's preferred toilet paper. When behemoths like WaMu, BofA and Citigroup start going belly up, the dollar will be turned out into the gutter to whore itself to anyone willing to stick their dick in it. Insuring devalued money with more worthless scrip won't mean much in the greater scheme of things, will it? Bailouts of the variety Paulson is advocating will only serve to further devalue the dollar, but then again, that's the plan, isn't it? Break the dollar completely and reduce the general populace to pauperdom. Gutted savings accounts + increased illegal immigration = tens of millions of wage laborers.
The mousy little twat in this clip is the garden variety loser I'll have doing my laundry and rimming my bunghole as I sip a martini . . . and all for table scraps.
You couldn't be more wrong, my trashy little ghetto skeezer. Bank failures will almost keep pace with Starbucks closers this year. Genetically deficient people like her are precisely the reason that America has sunk to 3rd tier status. She obviously doesn't read. She probably can't locate China or Brazil on a map and I bet she frequently ditched history class so she could hang with the "in crowd" even if that generally meant blowing some pinhead point guard under the bleachers. How this woman supposedly amassed a substantial down payment for a home is beyond me. SHE IS AMERICA AND SHE IS THE REASON WE WILL ULTIMATELY FALL!
"I knew in the news that there was a little bit of trouble they were having with mortgages . . . Starbucks shuts down, a bank doesn't just shut down".
Word to the wise: better lay your hands on a gauge and some ammo . . . and you bitch ass tricks who can't handle yourselves with a piece better get the fuck up to speed in one hell of a hurry. This country's chock full o' meth-smoking trailer trash and crack-dealing ghetto thugs salivating at the prospect of putting a 12" hole through you and ripping that 2 carat diamond ring off your finger. It's coming America. wait for it, wait for it . . .
You've hit a new, all-time low . . . and just in time for the 4th. I'm sure most of you have seen this sickening display of complete and utter inhumanity, but for those who haven't, I've attached the actual footage of a woman slumping over and dying right in front of patients and HOSPITAL STAFF.
One can't help but feel a profound sense of pride and patriotism welling up inside them after watching that video. Everyone: God Bless America, Land That I Love . . . Excuse me while I put on a Toby Keith album and plaster my car with "Support The Troops" stickers. Does anyone know where I can download episodes of "Walker, Texas Ranger"? I'm just thankful that was a one time deal - a complete rarity in the scope of things. Everyone knows that 9 out of 10 Americans would rush to the aid of a stranger when the cards are down. Doh!
HAPPY 4th of July America! I hope you accidentally blow your fingers off with an M80 so I can point and laugh!
I've always felt that I had a knack for presaging major events and trends so it's with particular relish that I reveal my latest predictions. Please forgive me if I'm not as weepy and despondent as my last post would indicate. I've since recovered my snarky sensibilities and fully intend on burning this shit down. So, without further ado . . .
1. All across America, punk-ass A/V Clubbers and bored trailer trash types with delusions of mediocrity will be killed in fiery crashes trying to reenact the red Dodge Viper "scoop" scene in this Summer's latest "edge of your seat, action packed adrenaline rush" predictable pile of dog shit - Wanted.
2. In a desperate ploy to garner ratings in an already saturated reality TV market, producers resort to airing "So You Think America's Next Top Farmer Wants The Biggest Bachelorette". When it fails to get off the ground, Fox begins paying street urchins to set elderly homeless people on fire and calls it "Burning Miss Daisy". America responds positively and the show rockets to the top of the Nielsen ratings. Not to be outdone, the CW (you know, the channel responsible for pretentious and tragically unfunny programs like "Girlfriends" and "The Game") puts a new spin on Superman with their soft core porn version entitled "Not So Smalleville".
3. Brangelina Buzz™ reaches a fevered pitch after the leggy vixen finally confirms that she was merely using Brad for his "superior jizz". Days later she's seen drinking Billy Bob's blood from a golden chalice. Suicide pacts become commonplace as America's hordes of dimwitted "Entertainment Tonight/Extra" devotees see no further reason to go on living. With little else to look forward to except hosting the occasional Miss Teen USA pageant, Mario Lopez kills the entire Extra staff then himself in the most glorious homicidal rampage the world has ever known!
4. In response to America's complete and utter lack of taste and discernment, all rap/hip hop music begins sampling precisely the same drum loop while some gold-toothed retard endlessly repeats the voice synthesized words "ho", "bitch" and "clip". All tracks will feature cameos by talentless thugs five minutes removed from slinging crack on the corner. They'll be clad in baggy jeans, Timberlands and the jumbo-sized NBA jersey du jour, of course. Everyone will have a deep voice a la Ja Rule and should squat down and throw their bling-adorned fists at the camera in order to display the requisite levels of "hardness" and "street cred". They will typify the idiocy of an entire generation of underachieving delinquents for whom "blastin' some punk ass nigger and chillin' with his peeps" is ostensibly the pinnacle of one's existence. The newest rap sensation, L'il Spree Killer ft. DJ Date Rape, dominates the hip hop scene for years. Their breakout album, How Many Licks Does It Take To Get My Load On Your Face, Bitch" really puts them on the map.
The whole landscape has become a bad imitation of itself. Sample a classic song, say ho a few times, bring in seven or eight equally lame artists to cameo, then repeat. It’s complete garbage.
True Dat!
5. Chris Dodd's sweetheart loan, courtesy of Orangelo Mozillo, is a fucking slap in the face to millions of Americans who were royally fucked by greedy, unscrupulous lenders. Strangely, Americans who will lose their homes and be turned out onto the streets, credit ratings in tatters, will tamely submit to such flagrant injustice and bend over and clench their teeth as they prepare for the next round of sodomy . . . . It's as American as apple pie and geographical illiteracy.
In the meantime, Defense Contractors, Big Oil, Pharmaceutical Giants and every other monied interest in the world will trample your civil rights, fight wars of material acquisition intended to enrich the already obscenely wealthy (on your dime no less) while cutting your benefits and wages until you're nothing short of a common wage laborer. Congratulations you worthless, vile, despicable, contemptible pieces of human filth. You deserve everything you get. I only regret that it won't be more painful.
I don't think the Dow is a truly credible measure of the overall state of our economy, but a 450+ drop in two days is still significant nonetheless.
What this tells me is that Wall Street is finding it increasingly difficult to accurately gauge the value of large cap American companies, and with good reason: they don't make a fucking thing of value (that is unless of course you consider pro wrestling and reality TV a bankable commodity). Just look at General Motors. It's stock sank to a thirty-year low of $11/share yesterday. Ford is an even bigger basket case at just over $5/share. I'd say the next stop is the scrap yard for both of these lumbering automakers. Were it not for Mercedes, I think Chrysler could kiss its ass goodbye as well . . .
It's also increasingly clear that JPM, CapitalOne, Wachovia, Wells, BoA, Citigroup et al are concealing the true extent of their losses in much the same way that a teenage boy hides sticky-paged issues of Hustler under his socks. Sooner or later, someone's going to stumble upon it. And yet I'm certain the MSM will be taken off guard and all" Ah shucks Bob, this simply came out of nowhere" when it is announced that our, ahem, stalwart bankers deceived us! I'm going to go out on a limb and call it at $2 trillion when all is said and done. Just remember, Bernanke called it at closer to $100 billion at one point in '07. It would almost be cute and endearing if not for the criminal proportions of this colossal ass reaming.
Meanwhile, the Royal Bank of Scotland recently issued a very dire warning regarding the forthcoming collapse in global equities and the seizing of credit; of course it's nowhere to be found in the MSM. For those of you who aren't familiar with these lads, they're pretty much the big dicks of British banking, so when they presage the complete paralysis of central banks you may want to start readying the bunker and stockpiling ammo.
That being said, the kind of "unwinding" I have in mind is of an entirely different stripe. I'm not interested in the deleveraging of CDOs and the re-pricing of SIVs. I'm more interested in the unraveling of our hideous culture and the richly deserved suffering due nearly every man and woman in this country. The "New American Century", to borrow a Cheneyism, is rapidly becoming "The Late, Great Last American Decade". I think the world will rejoice when the US is relegated to 2nd (or possibly 3rd) tier status. I know I will.
Most Americans would find it odd, if not infuriating in a 9/11, flag waving sort of way, that one of their own would be praying for this country's downfall, and yet it somehow feels right. I often find myself wondering why those around me don't share this deep sense of despair. Where's the disgust and indignation?
Alas, I fear we have yet to transcend our arbitrary borders so steeped in primitive tribalism. Are we still so blinded by infantile patriotism that we don't see this country for what it truly is: a ruthless meat grinder whose sole purpose is to deaden the human spirit, distract the mind and rob us of our dignity. When that end is achieved, what remains you but to toil your life away for ever-shrinking compensation. Funny, the US is supposedly the embodiment of liberty, equality and hope and yet it's nothing of the sort.
I don't hold Karl Marx up as the ultimate paragon of socio-economic thought (Socialism's bastardizations in places like Venezuela, North Korea and Cuba make it difficult to subscribe wholeheartedly to such views), but I do believe he foresaw the current evils of capitalism long before the rest of us would even catch a glimpse of the havoc it was to later wreak on frail human lives.
I think what surprises me most is the susceptibility of the human mind to suggestion. Be it marketing or outright media propaganda, the average, undiscerning American will readily lap up anything that remotely suggests hipdom or trendiness. What passes for entertainment in this country is enough to make a person wonder how the hell we've made it thus far.
If you haven't heard the song Aenima by Tool, do yourself a favor and give it a listen sometime. The lyrics (from whence "learn to swim" derive) are dripping with sarcastic anger . . . and they sum up precisely how I feel about this world in its current condition. I don't think I'm alone in feeling this way either. Somewhere an unemployed construction worker is affectionately lubing the slide of his sawed off .12 gauge in anticipation of the day when he'll calmly stroll into a federal building and start blasting the pieces of filth who ensure the deeply flawed and corrupted wheels of government keep grinding down anyone who has the audacity to think for themselves.
Dark days are almost here again folks. Fuel shortages and police states are no longer the sole domain of futuristic bullshit celluloid fantasy. Starvation and disease will claim tens of millions of lives in the coming years, of that you can be sure you ignorant piles of goat dung. Rotting corpses will litter the streets while flies spread disease from the deceased to the living, thereby perpetuating the cycle of death. Ford F-350 Nation won't even have sufficient fuel stores to burn all the decomposing bodies. It's going to be horrible and I can't think of any species more deserving of such a horrible fate than homo-sapiens sapiens. I personally hope animals feed on my bloated remains and use those energy stores to repopulate the world with its true and rightful owners.
I'd like to throw in my own .02 cents while we're discussing the merits of Tools brooding masterpiece . .
Fuck Obama and "Yes We Can"
Fuck McCain and his "100 years in Iraq".
Fuck Brad and Angelina and David and Posh.
Fuck insane Christians and their apocalyptic lust.
Fuck greedy Jews and slimy, murderous Muslim pieces of shit.
Fuck politically correct, brainwashed cowards too afraid to call a spade a spade.
Fuck status-driven, materialistic whores who continue flocking to malls and buying H3s while the Amazon burns.
Maynard & Co.'s contempt for America comes shining through in this little number. Our toxic shit hole of a world is fading fast and only the most naive and ignorant among America's degenerate hordes of pus bags could deny that. Has anyone stopped to consider, just for one minute, that we're too far gone to even consider mounting a recovery? How the fuck are we going to pull out of this tailspin we're in? I'd love to know where we're going to find $50+ trillion to cover Social Security? Under the couch cushions? Where are we going to come up with the money to pay down our $9.4 trillion debt? I'd love to hear some reasonable solutions. Anyone? Any idea how we'll continue to feed ourselves when oil hits $200/gallon? Anyone? God technology will save us, right? Wind and solar are gonna power our megalopoli? LMAO! Fucking idiots!
Obama says: yes we can stop the incestuous legions of corrupt politicos and avaricious CEOs who would sooner split your skull with a hatchet than give up one shiny penny of their ill-gotten gains. Yeah, sure we can. We can rein in the military-industrial complex with its $500 billion/year budget. Yes we can.
Firstly, Obama has no intention of reining in any-fucking-one! He's going to play Uncle Tom to Lockheed Martin and Blackwater. He's going to deep throat Boeing Cock and take it up the ass at the moment of Exxon's choosing. Should he decide to stand up to these industrial titans, we'll witness a 7.62 mm bullet blow his head apart during some charity event in lower Manhattan.
On another note, I was perusing CNN at work today and came across this story:
- Video: Meet Rescue Dog
I was thoroughly amused by the segment of the interview wherein "300 lb welfare trailer trash, run down the Gas and Sip and get mommy some Camels and a Mountain Dew" calls into question the dog's intelligence.
Listen up you inbred cooze: your brain dead, never met a twinkie he didn't swallow whole, sorry excuse for a son jumped into a cresting river and nearly drown (probably the best thing, really) and you don't think the dog is all that bright? I can assure you that this dog is smarter than your portly little dimwit of a son. Although if he really possessed a superior intelligence, he would have paddled over and held his empty fucking head underwater until he stopped twitching rather than pulling him ashore. Funny thing . . . I could sooner imagine junior running around with rocks in his mouth than the dog. I wonder if dogs contemplate suicide? Gotta love white trash.
Should Barack Obama ultimately ascend to the position of POTUS, I personally guarantee that his term(s) will be among the greatest deceptions and disappointments in American history. He will prove himself to be a pro-business Jew puppet like every other beltway, scumbag politician. He will suckle at AIPAC's bulbous teat while simultaneously pandering to the vulgar, cave-dwelling Muslim mongrels whose very raison d'etre is to behead an American Jew or Christian while chanting Allahu Akbar repeatedly in some homicidal trance-like state.
It's amazing how a carbon-based liquid allows such disparate yet equally violent and trashy people to project beyond their otherwise limited imaginations and generally troglodytic tendencies. For the Americans, it means a continued ability to haul jet skis and Bass Trackers with trucks named "Tundra", "Titan" and "Turbo Max". For Arabs, it means sodomizing little boys in the privacy of gilded desert palaces after which they return home (from a hard day of ass rape) to stone their wives and daughters for having the audacity to bare their ankles in public. GASP - the horror!! Amazing how everyone turns a blind eye to honor killings when you're rich in oil.
Anyway, I've been away for quite some time but I'm back and ready to bury my face in a pile of meth until I have an aortic dissection or scabs form across my face - whichever comes first. Anyhow, Indiana and North Carolina loom on the horizon and so it's with bated breath that we await the "sage" decisions of Indianapolis' inner city crack thugs and rural, Blue Ridge Mountain yokels who kill abortion doctors for fun. Either way, America's best and brightest will make their inbred voices heard throughout this great wasteland of a country.
Stay tuned . . .
The US government, along with its corporate henchmen, is hastening the destruction of America's middle class. Actually, they're inviting it in for a martini and a quickie with your 16-year-old daughter but that's another story. How you ask? By allowing immigration to go unchecked (legal and otherwise), Wal-Mart Nation is assuring itself a prominent place in the annals of indentured servitude. And before you PC Nazis start in with the knee jerk racism charges, let me finish.
This isn't some xenophobic diatribe arising from a bad encounter with a Honduran girl working the drive-up window at a Burger King. One needn't stoop to such levels to make the point when common sense, socio-economic indicators more than suffice. In order to address the issue, however, one must first accept certain premises:
First, one must accept that there indeed exists a ruling elite, and second, that it exerts an inordinate amount of influence over events shaping this world. Some would be tempted to dismiss such thinking as so much conspiratorial nonsense, but given recent events, it would be foolhardy to think that some loosely affiliated cabal of sociopaths in Jon Green suits aren't pulling the strings. One has only to look at our two ongoing wars: one in an oil-rich sand box; the other in a mountainous 16th century throwback that just happens to sit astride copious amounts of natural gas and opium. Oh, and did I mention that it's probably the single most important country in terms of transnational oil and gas distribution?
If you hold this to be true then what I'm about to say won't come as much of a surprise. In fact, a cursory glance around you should amply attest to the disintegration of the remaining fibers of decency that tenuously hold this country together. But I digress.
As you very well know, politicians take every opportunity to pontificate on: the hardships imposed upon the American people by unending inflows of immigrants, national sovereignty, and of course, national security. Yet new legislation that would address all those issues is never realized. I wonder why that is? It's pretty fucking obvious really. Unless you're completely absorbed in a Hollywood-produced parallel universe (which is more than likely), it's patently obvious that certain interests are hellbent on making cheap wage laborers out of the lot of us.
America truly is well on its way to becoming the next China, with one glaring exception: we don't actually produce anything the rest of the world values. In order to fabricate the kind of low-quality finished goods the average shopper craves (and from which enormous profits are derived), we must absolutely reduce a considerable number of Americans to pauperdom; you know - sweatshop status. How does one go about erasing an entire socio-economic class you ask? Infuse the general population with teeming masses of 3rd world laborers who simultaneously drive down wages, boost profits and empower the supremely evil corporations beholden to the corrupt piece-of-shit Senators and Select Committee Chairmen.
This has been going on since time immemorial but the pace has quickened as of late. The race is on to destroy America's middle class with countries like China, India and Brazil setting the tempo for the coming neo-industrial revolution sure to plumb the depths of corporate depravity. From here on out, ultra-cheap labor is the order of the day. Driving down wages simply doesn't go far enough however. Other much more malign measures are required to fully ensnare your average gullible, wastoid excuse of an American. Being a debt-ridden piece of excrement makes you infinitely more malleable and open to suggestion. It's also much more difficult to rise up against your oppressor when they own your fuckin' debt and can easily throw your sorry ass out on the street and repo that pretty Toyota truck you can't afford. Denying safe and affordable medical care to tens-of-millions is another surefire way to keep you hopeless and hopelessly indebted.
No question about it: wages are falling across the board; that is unless you work for a psychotic, mass murdering defense contractor turned responsible citizen like Lockheed or another upstanding corporation like Cargill, ADM, Monsanto, CH2MHill, Exxon or Halliburton. I love the segment [see video below] starting at about 1:42 and ending around 1:50. Narrator: "Our commitment to be at our best . . . . " as a cruise missile is launched from a Navy Destroyer to blow up an elementary school somewhere in Pakistan. Another satisfied customer, eh?
But I digress for a 2nd and final time, I promise.
Now that most Americans have forsaken good ol' fashion hard work in favor of selling cheap trinkets and fattening up or slimming down the general populace, the service industry has come to constitute the lion's share of our pathetic excuse for an economy. Soon, all Americans will be whipping up caramel macchiatos at Starbucks or managing Verizon wireless stores that sell Kyocera phones. Ain't life grand? Meanwhile, China, India, Korea, and even Europe, will continue to make "things" of some relative value while Americans rot in call centers and under fast food lamps.
The reason the US cannot hope to maintain current wage levels is best summed up thusly: somewhere in Guangzhou, China a mother of two is soldering a cellular phone for .50¢/hr and will do so for 14 straight hours. Producing a similar phone in the US would run somewhere in the neighborhood of $20/hr. plus breaks, Worker's Comp, Social Security, State & Federal taxes, etc. Starting to get the picture? Their solution to such "excesses" is to lock the illiterate daughter of some peasant farmer in a tinderbox of a basement and force her to toil away around the clock (with no restroom break) until she is completely expended and replaced by a more nimble 15-year-old? After all, they've got a few hundred million to spare! Sorry to burst your bubble, precious. Daddy's not going to be able to rescue your sweet little ass from that Russian-owned brothel. You are human refuse and you allowed yourself to become a mere asset. Deal with it. This is the brave Neo-Liberal world we've engineered for ourselves - Enjoy!
Sounds horrible, doesn't it? So why the fuck continue buying things YOU MOTHERFUCKING ASSHOLES KNOW FULL WELL was made by some 13-year-old girl who should have been laughing with her friends and wishing upon a Hello Kitty purse instead of putting another toxic phone in your degenerate hands? Because you're a mega-consumer piece of shit whose soulless existence is a matter of acquiring things in order to reassure yourself that you're a good and worthwhile human being. Your things truly own you, you fucking ghost.
Don't you fucking morons get it yet? That was a rhetorical question of course. The only way the US can hope to compete with the likes of countries like China, Korea, India, Brazil or Peru is by destroying the middle class and "turning them out" as sweatshop laborers much like Indian or Salvadoran children seen on late night Sally Struthers-esque pity-mercials. That's right; you're well on your way to becoming a $6/hr. chump (with a masters in marketing) who sells Extenze penis enlargement pills from some dimly lit, sterile cubicle.
Remember, wage increases are the capitalist's ultimate nightmare so who's an evil CEO to turn to when it appears that the minimum wage has simply reached untenable levels? And yes, $7.02/hr. is far more than any proletarian, NASCAR worshiping, Christian retard could ever hope to spend given his limited imagination; unless of course your talking about snowmobiles, jet skis and F-350s - then they can spend with the best of 'em. Anyway, American corporate interests enlist the aid of lobbyists who *sigh* do it all for the good of the noble immigrant and not, as stupidly fucking idiotic cynics assert, to continue exploiting workers for a pittance of a wage. Hotel/resort, agricultural and construction lobbies/sectors are purely interested in the well-being of their Latino friends and not at all interested in having a captive workforce they can "ask" to work 100 hrs. of overtime for regular wages.
Unfortunately for us, China, India and a host of Asian tigers can tamp down production costs long enough to destroy the remnants of American and European manufacturing bases through attrition. I think they've nearly accomplished that mission already. Don't believe me? Drive the "Rust Belt" and see which they're producing: durable goods or meth. It remains to be seen how countries like Australia or Canada will fare, but it's a pretty good bet that they'll be reduced to suppliers of raw materials once what remains of their manufacturing bases are put to rest. I'd say they're looking pretty anemic in terms of production right now. And when the iron-ore and uranium are gone . . look out!
