DoomwatchTM vs. Timesizing® 
Collapse trends - July, 2000
[Commentary] ©2000 Philip Hyde, The Timesizing Wire, Box 622, Cambridge MA 02140 USA (617) 623-8080
7/29/2000 omens (no one predicted this level of stupidity in the year 2000) -
- Board decision on evolution roils an election in Kansas, by Pam Belluck, NYT, front page.
[Kansas hasn't learned a damn thing since the 1920s.]
...The frenzy is the upshot of a vote last August by the Kansas Board of Education, which removed evolution as an explanation for the origin of species from the state's science curriculum. The decision, a 6-to-4 vote with conservative Republicans in the majority, reverberated around the country, where other states have faced recent battles between evolution and creationism.... Now, 5 of 10 board seats are up for election, and in 4 of the 5 there is a primary face-off on Aug. 1, with conservative Republicans who favor the new science standards being challenged by moderate Republicans who oppose them..\.. Tens of thousands of dollars have been raised, some from out of state, whereas previous board candidates raised only a few hundred.... Democrats are switching their party affiliation just to bote for school board candidates in the Republican primary.... Kansas's highest-ranking Republicans - the governor and a U.S. senator - have...endorsed opposing candidates in their own party....
[Overburdening the 2000-year-old Bible for all the latest scientific answers rolls on.]
- Abortion ban kept as plank by the G.O.P., by Robin Toner, NYT, A9.
Republicans fought passionately today over abortion, with the anti-abortion forces easily prevailing, as the platform committee make its way through a document intended to balance the party's core conservatism.... Abortion rights supporters tried to remove the platform's abortion plank, which called for a ban on the procedure, and tried to insert a provision declaring that the party recognized differing views on the issue.
[Sounds reasonable, but -]
Both amendments were overwhelmingly defeated in subcommittee votes, and later by the full [GOP platform] committee, in a debate that highlighted the party's continuing fault lines.
[The Republican Party continues its formation of the circular firing squad and its flight from intelligence and privacy and separation of Church and State.]
...Meribelle Bolton of New Mexico declared: "You have to understand that many of us are under a higher authority thatn the Congress of the United States, the Supreme Court or any state. I am under the authority of the Creator of the universe, and He is pro-life - always has been, always will be." [our capitalization - ed.]...
[Kate's opinion - "When government starts getting into women's vaginas, to me that's a form of rape." And as many say of rape, it's essentially a power trip. These are poor dumb people who have always been excluded from power, and now they've found a way to feel important and even superior on an unarguable, religion-based basis. And they're pushing it for all they're worth. They have a personal relationship with the Ground of All Being (Tillich) and they know what that Supreme Being suddenly has believed for all time now that (only in the 1950s) a Swedish scientist invented x-ray movies that can show the inside of a pregnant woman. Never mind the dangers of 100% certainty. Never mind the unimaginable carnage that goes on in nature every day, day after day. Never mind humanity's desperate need to shift from quantity to quality as we surge beyond six billion in world population. Never mind the invasion of privacy, the disruption of lives, the forcing of parenthood on unready people, the ongoing costs of unwanted children and the low-quality adults they become. This woman and her buds KNOW that the Creator of the universe is, always has been, and always will be, pro-life (and in particular, absolutely against abortion). This is the mentality that gave us prohibition - that's giving us the drug war and its spiralling prison population, costs, and downstream social deterioration - that gave us the Salem witch hunt in the 1690s. If these people don't want abortions, OK, let them not have one. But let them not dictate to a diverse and increasingly crowded national and world population. Let them rather bolster the positive alternatives, such as freely available contraceptives in all varieties, and a reform and easing of the adoption procedures in this country, so ridiculously redtape-ridden that thousands of Americans look to adopt in Latin America or China rather than run the gauntlet here.]
- A G.O.P. overhaul of primary season is killed by Bush - No big-states-last plan - His campaign voiced concern he'd be handicapped in a 2004 re-election run, by Adam Clymer, NYT, front page.
...The plan, designed by the Republican National Committee after this year's nominations were settled in March [fully 5 months before the now mere showcase primaries], was intended..\..to allow voters in all states to cast primary ballots that actually counted.... Under the plan, the smallest states would have held their primaries in February, small states in March, medium-size states in April and big states in May....
[Mitigating consideration - This plan would only have continued the disproportionate weight of the earliest states. It would hardly have allowed voters in all states to cast ballots of equal weight. The only thing that would do that is to have all the primaries on the same day, and that brings up the thought that maybe they should all just be pushed back to where they presumably started before some states got greedy - regular primary day in mid-September. That would have the tremendous advantage of sparing us the boredom of current 12-month and lengthening campaigning.]
7/28/2000 omens -
- New greenhouse gas identified, potent and rare (but expanding), by Andrew Revkin, NYT, front page.
[Something else to worry about -]
Scientists have found rising concentrations of a...gas in the air that traps heat more effectively than all other known greenhouse gases, the dozens of compounds released by industry and the burning of fuels that act like like a greenhouse roof and may be warming the global climate.... Its name, trifluoromethyl pentafluoride, is enough of a tounge twister that chemists prefer to talk about it using its chemical formula, SF5CF3..\.. The gas was found in samples taken by instrument-laden balloons 21 miles up in the stratosphere and in air trapped under layers of Antarctic snow..\..
The synthetic gas is extremely rare, so far reaching concentrations just over one-tenth of one part per trillion of air, according to a paper published today in the journal Science. But it still poses potential problems...because concentrations of the gas are rising quickly, [it] probably takes more than 1,000 years to break down, and its source...is a mystery..\..although certainly from human activity.... Some chemists said...that it was possible that the gas was being used secretly in military equipment.... But they added that [it] might also be used secretly by some industry or it could simply be an unintentional byproduct of some manufacturing process somewhere in...any number of industrialized countries.... Its discoverers found no evidence of the gas in the air before the 1950's, with only a scattering of molecules appearing in the 1960's and then a steady rise, with concentrations now rising about 6% a year. Altogether...about 4,000 tons have been released so far, with an additional 270 tons emitted each year..\..
William T. Sturgis, an atmospheric chemist at the University of East Anglia in Norwich, England [is] the study's principal author.... He and his colleagues...hoped the finding would serve as a call to industry and government to find [the gas's] source.... Molecule for molecule, it is 18,000 times more effective at trapping heat in the atmosphere than...the most familiar greenhouse gas..\..carbon dioxide [CO2]....
7/26/2000 omens -
- Frustrated customers, letters to editor, this one (5th of 7) by Harold Fine of Laverock PA, NYT, E12.
Your article about the general incompetency of technical support ["Is the Customer Ever Right?" (July 20)] is only the tip of the iceberg. One must be careful buying Hewlett-Packard equipment, for example. Their 800 number does not get a human, and their technical support gives a bewildering menu that usually cannot be deciphered. And when you get a person, it is an iffy proposition whether you will receive help. AOL needs no further database than its long history, and then there is Real Player and its Net congestion.
One must realize that these may be half-baked products, not ready for prime time and foisted on suckers like us whose demands are not being met by a predatory market, while papers like The Times cheerily go on with their gee-whiz hypes and increase their advertising revenues.
7/26/2000 omens -
- 113 killed in crash of Concorde - Fatal accident near Paris is 1st for supersonic jet - Technological marvel had high price tag, by Kevin Cullen, Boston Globe, front page.
[France may lead the world in workweek (35 hours), healthcare (#1), and companionate marriages (and also briefly in contraceptives for highschoolers), but it lags in 2 areas of strained technology - reliance on nuclear power, and La Concorde -]
...Braniff was the only US airline to ever fly the Concorde, leasing a plane and using it on a route from Washington to Dallas. But Braniff went bankrupt months later....
Boeing and NASA teamed up to develop a high-speed civil transport capable of carrying 300 passengers at more than twice the speed of sound and having a range that would make trans-Pacific routes possible (something the Concorde cannot do). The US government budgeted more than $2B for the NASA part of the project, but the plug was pulled on it last year. "We could never come up with an environmental solution for noise and the high-altitude emissions," said John Roundhill, Boeing's VP of commercial airplane product strategy and development, in a recent interview.... Unlike British Aerospace and Aerospatiale, which jointly developed the Concorde, Boeing would not have been able to pass the full development costs on to US taxpayers.
[So French (and British?!) taxpayers have subsidized this luxury aircraft for the rich. Pas très intelligent (not very smart).]
7/24/2000 weekend omens -
- Renewed corporate wanderlust puts a quiet brake on salaries, by Louis Uchitelle, NYT, front page.
[This lullling and misleading headline should read -
Frenzied corporate relocation is latest CEO fad to rationalize their own and depress everyone else's wages]
...Companies have been migrating for decades.... But since 1996, corporate migration within the country has soared, roughly doubling to more than 11,000 moves a year, according to Site Selection Magazine of Atlanta, the only organization, public or private, to track the phenomenon. At the same time, emphasis has shifted from factories...to every type of service operation, and across a range of jobs, from Rayonier Inc's six-figure executives to call center operators earning $7 an hour....
[This is "efficiency"?!? You know, sooner or later they're going to have to quit fooling around and reinvest in their own markets. They can't keep scamming everyone else out of the huge profits from technology and concentrating the lucre in their own few, hugely bulging pockets without recreating the 1928 paradox - huge productive capacity meets strangled consumer base. Timesizing can help.]
As labor shortages and competition for workers drive up wages in one city,...
[They mean "skill shortages" - there is not now, nor has there been since the baby boomers replenished the kill-off from World War II in 1967-70, any labor shortage. And the skill shortages have been occasioned by the fact that the labor surplus demotivated training - now nobody does it any more except old-fashioned quality-based companies, which are getting few and far between.]
...companies have shifted work or have expanded in another location, where the same tasks can be done at lower pay. This movement helps to answer one of the big questions about the recent economy: How has the United States managed to achieve its lowest unemployment rate since the 1960's [3.5% 1969?] still double 1943's 1.9% -ed.] and yet not experience as much upward pressure on wages as it has during past booms, even when labor markets [i.e., skill markets - there's plenty of labor -ed.] were not as tight as they are today?
Various [other] explanations have been offered by economists for the failure of labor shortages to give a bigger kick [i.e., boost -ed.] to wages in the record long expansion [mainly of concentrated investment capital - ed.] that started in 1991 [at the bottom of a labor-bashing recession - and we can view this list largely as a catalog of management fads to favor rich, stockholding speculators at the expense of their own employees and customers - ed.]:
- weaker unions
- the greater use of temporary workers
- a minimum wage that has lost value
- a flood of immigrant workers
- layoffs, and job insecurity
- global competition.
...But if lower labor costs drive the [corporate relocation fad], technology greases the way. High-speed telecommunications and fiber optic lines, now available almost everywhere in the country, allow a Rayonier [Inc.] to communicate as easily from Jacksonville as from Stamford, and they also allow a great variety of service companies to link operations in different cities, as if these operations were all in one office. In addition, the talent pool is more evenly spread across the country in the 1990's than in earlier generations, said Lawrence F. Katz, a Harvard economist, meaning "you can find similar labor forces and similar amenities in many more places in America." [And] the growing use of call centers to deal with the public \is one type of\ technology [that especially] facilitates corporate migration....
Mid-sized cities in the Southeast and Southwest are prime targets of the corporate migration...
[This sounds more like a "Chinese firedrill" than a migration - American CEOs meet the Keystone Cops.]
cities like Charlotte, Memphis, Phoenix and Jacksonville. But companies have also been drawn in growing numbers to the Midwestern states or to Maine or Pennsylvania or Kentucky - to any place, in fact, that offers lower wages and public subsidies....
[Is this the mighty Capitalism of old? - rushing around the country straining for the lowest possible wages and the highest possible government handouts? Pathetic. And suicidal, as our "captains of industry" continue to strangle and starve their own consumer base. Enough. Let's just rhyme off the subheads in the rest of the article -]
- Spreading the jobs - Mobility restrains wage momentum
- Have jobs, will travel - More places seen as viable locales
- Vying for better jobs - Towns try to draw the better wages
- Son of Call Center - Jacksonville chafes at label, and jobs
[Again, ya gotta wonder, if there's really a labor shortage and a job surplus (rather than a labor glut and a skill and training shortage), why is every city and town in America so desperately competing for better-wage jobs? CEOs are just pushing the costs of doing business onto taxpayers, and that ain't good for them, for their consumer base, for business, or for the future of our current mutant "win-lose" form of Capitalism. How do we get back to Win-Win Capitalism? We share the vanishing work as technology shoulders more and more of it. We share the skills and employment that are still in high demand and not yet marginalized by robotization, computerization, automation, mechanization, and cybernetics. We timesize, not downsize. And that's how we solve
- the Ford-Reuther paradox - Ford, "Let's see you unionize these robots!" Reuther, "Let's see you sell them cars."
- the contradiction of 1928 - "the more concentration, the less circulation" - vs. Will Rogers' "money is like manure - it's no good unless you spread it around."
- the Chesterton pan-utopian trap.]
7/22/2000 omens -
- Kuwait: No to parties, Agence France-Presse via NYT, A4.
Foreign Minister Sheik Sabah al-Ahmed al-Sabah ruled out the setting up of political parties, saying a party system would damage the emirate's unity....
[That's the bad news. Kuwait will thus bar itself from exploring the vital concept of "loyal opposition" - and freeze its further evolution as a political socioeconomy. But the good news is -]
Kuwait is the only Persian Gulf monarchy to have an elected Parliament...
[But more freeze-framing -]
...although women may not vote.
[All of which goes to prove that the world is not primarily different geographic zones, but different evolutionary time zones. Many of the Arab states are still back in the eighth century when it comes to social evolution. That's where most of us were in the heyday of the feudal system with Charlemagne and friends. Some of us are still there. In the mind-boggling diversity that is America today, there are still religious sects that have strict gender-role distinctions, such as certain German sects like Mennonites and Hutterites, and certain pockets of Latter Day Saints (Mormons) such as Saints of the Principle, the "Principle" being the practice of polygyny (one man - several wives), underground and never completely vanished.]
- U.S. resists war-crimes court as Canada [complies] - Up north, a wish that the U.S. would stop trying to thwart a bold idea, by Barbara Crossette, NYT, A4.
[Let's cut to the chase and set the stage from the pointer blowout "Battle over international court" on A2 -]
Canada ratified the treaty creating the International Criminal Court and announced that it was the first nation to have brought its national laws in line with the new tribunal, while the United States fought to prevent Americans from falling under the court's jurisdiction.
[But it isn't "the United States." It's just that idiot Jesse Helms. Back to A4 -]
...America will not join the court in the foreseeable future because the Senate Foreign Relations Committee - especially its chairman, Sen. Jesse Helms, Republican of North Carolina - has warned that its members will never approve the treaty....
[It's high time that North Carolina voters entered the 21st century and got rid of that dinosaur. Don't it strike you as just a bit nuts that anybody who opposed offering our jugular to communist China by freezing us into "free" trade with them got branded "isolationist," while this clown Helms goes on and on keeping the USA out of every good international treaty he can, and nobody has the huebos to call him isolationist and tell him off? We repeat, it's time North Carolina voters smartened up and ditched that dinosaur. And by the way, good for Canada!]
- Judge backs Yesmail.com, Bloomberg via Boston Globe, C1.
...A unit of Andover, Mass.-based CMGI Inc. will be allowed for now to keep an Internet watchdog from branding [it] a "spammer." A federal judge in Chicago declined to drop a judge's order that bars the Mail Abuse Prevention System LLC [MAPS] from listing Yesmail.com as a company that sends unsolicited bulk mailings over the Internet.
[Of course, now these morons have made a big stink in court to bar MAPS from telling it like it is, everybody is much more aware of their spamming than if they'd just shut up and accepted their billing.]
US District Judge Blanche Manning declined to throw out the restraining order while agreeing to hear future arguments over whether to grant an injunction. MAPS's catalog, called the Realtime Blackhole List of alleged spammers, is monitored by thousands of Internet service providers that block the spammers from sending or receiving e-mail.
[Thanks a million for wasting our time on more spam, "Judge" Manning. Spam, and a few other things like tying up the Internet with entertainment, should be completely banned, so we can optimize it for what it excels in, global information posting and retrieval.]
7/21/2000 omens -
- House votes to increase its pay 2.7%, by Alan Fram, AP via Boston Globe, A15.
WASHINGTON - The House [of Representatives] voted yesterday to let members of Congress receive $3,800 cost-of-living pay raises next year, underlining how the robust economy and surging federal surpluses have helped ease what has long been a sensitive political issue.
[They had nothing to do with the robust economy. The federal "surpluses" are a joke in the context of our national debt which Reagan jumped into the trillions. And they have addressed none of the concerns of the American people, such as health insurance and arbitrary downsizing.]
In a 250-173 vote, lawmakers signaled their assent to a 2.7% increase in their current $141,300 annual salaries that would take effect in January. Majorities of Democrats and Republicans supported the raise, reflecting an agreement between party leaders not attack each others' incumbents...during this year's campaigns.
During the few minutes of debate, no one spoke in favor of the increase. Two lawmakers complained about the obscure procedural vote that was used to decide the matter....
[Would this, by any chance, be a procedure that would obviate the need for any of these buffoons to actually be registered as voting to give himself a raise? This is the same type of game the Massachusetts House plays to raise its own pay - voting at midnight with virtually no debate.]
...And only one said he opposed the raise itself. "Where I come from, the average salary for a family...is $25,000," said Rep. Ernie Fletcher, a Kentucky Republican. He said the congressional increase would cost taxpayers $2.5m - "a lot of money for folks back in Kentucky."
[How quaint. How charming. Indubitably spoken with that lovely countrified backwoods accent. But why would the other "representatives" take seriously this outdated and backward bit of Americana. After all, it comes from a piece of the Third World in America (backwoods Kentucky), which, if they had any quality or initiative would be just as rich as all the rest of us, especially with this ongoing series of tidy little raises -]
It would be the lawmakers' third pay raise in four years and their second in a row.... Prior to that, the last congressional pay raise took effect in 1993....
[Here's another good reason to get moving over into binding issue-oriented public referendums. A Congressional payraise is definitely something that should be decided by a direct vote of these graspers' employers, the American public. We already have the technology for such referendums.]
7/20/2000 omens -
- Decline in computer shipments lifts trade gap to $31B, Bloomberg via NYT, C19.
[or the Boston Globe version -]
US trade gap jumps to record high in May - Deficits with NAFTA partners, China widen, Reuters via Boston Globe, D2.
7/19/2000 omens -
- Your funds - Windfall awaits in tax measure, by Charles Jaffe, Boston Globe, C4.
While the public has been focused on legislation that could wipe out the marriage penalty and end the estate tax, a lesser-known tax bill would be a windfall to virtually everyone who own mutual funds. The mutual fund shareholders tax relief bill...would allow fund owners to exclude up to $3,000 in capital gains per person...received from funds in which they reinvest those gains, rather than taking the cash....
[Just what we need - more tax breaks for concentrated wealth while we pile the taxes on circulating wealth via sales taxes and value-added taxes (VATs). As Milton Friedman says, you get more of what you subsidize and less of what you tax. That means this is going to give us amore widening of the income gap and splitting of America, and less economic dynamism to support the hugely concentrated investment capital that depends on that economic dynamism to retain its value - in other words, less stock solidity and more stock bubble. Brilliant.]
- Leaving environmental law alone, editorial, NYT, C28.
...Last October a federal judge in West Virginia ruled that the practice \of dumping\ the soil and rock above a coal seam...into hollows and streambeds...violated the Clean Water Act, which says that mining and other wastes cannot be used as "fill material" in waterways. Instead of defending the law, the Environmental Protection Agency [EPA] proposed to change the definition of "fill material" to eliminate that part of the rule barring the use of waste. This in effect gives the Army Corps of Engineers, which issues fill permits under the Clean Water Act, the authority to bury streams and estuaries with waste..\.. Today is the final day for public comment on [this environmentally destructive] proposed rule change....
[Looks like the "fox is in the henhouse" and the current captains of the EPA need to be shown the door.]
7/18/2000 omens -
- 'Welfare to work', letter to editor by Joseph Ross of NYC, NYT, A24.
...As Director of Partnership for the Homeless's job training program, I know that "welfare to work" provides little training - particularly in crucial "soft skills" - and no support after employment. Without these components, "welfare to work" may provide short-term success stories, but will offer few long-term positive results.
[The Timesizing program proliferates on-the-job training by converting overtime (per job) and overwork (per person) into overage-targeted training and hiring.]
7/14/2000 omens -
- [straining to keep Americans feeling on top -]
Child poverty, violence, death fall to 20-year low, report says - '...But even with teenage pregnancy...we have the highest rate in the developed world.', by Dale Russakoff, Boston Globe, A3.
...The report, "America's Children: Key National Indicators of Well-Being," compiled by the Federal Interagency Forum on Child and Family Statistics, reflects intensifying national attention to what is now the largest generation of children in American history. At 70.2m in 1999, the number of Americans under 18 is now larger than it was at the peak of the baby boom in 1964, although it is a much smaller proportion of the total US population.... The improvements were only incrementally better than last year's results, but reflected steady gains over five or more years in most categories.... Perhaps the most unqualified successes came in child immunization adn decreased teenage pregancy
[Is this like the "progress" we've been making with the big liberal grocery list of goals and issues? Conservatives are backwards and liberals are scattered, non-strategic and inefficient, and despite the Ted Kennedy's and their lists of random liberal goals, we keep losing ground as a society and an economy - with prosperity for the well-to-do - no trick to that - and longer hours, flat pay and falling benefits for everyone else.]
The statistics...documented wide disparities by race and income.... Despite the progress, the United States remains well behind the rest of the industrialized world and even some Third World countries in some categories, according to US and international studies.
...The Children's Defense Fund, which champions low-income families, said that child poverty is no lower today that in 1980 - before the crack cocaine epidemic, recessions,and AIDS devastated inner cities. "To have the 1980 child poverty rate in a time of record, sustained prosperity [or is it? - ed.] has to be viewed as a failure," said Susanne Martinez, the group's senior VP for policy. "We should not be bragging about that."... Analysts of all persuasions said improved conditions could foster a healthier and less dependent generation.
[Red flag = "dependent generation"??!]
...The United States lags behind more than 20 countries in infant mortality [7.2 infant deaths per 1000 live births in 1998] including Singapore, Israel, and most of Europe. Similarly, while the rate of firearms deaths of US adolescents has declined markedlyl since its peak in 1994, it still [towers over] the rate[s] in Israel and New Zealand.... Among industrialized countries, according to a recent UNICEF report on child poverty, the U.S. has the second highest percentage of children living in households with incomes below 50% of the national median. Mexico's rate was 26%; the U.S., 22.4%. Sweden was the lowest, with 2.6%....
7/09-10/2000 weekend omens -
- 7/09 As election nears, economy takes back seat, AP via Boston Globe, G2.
[First of all, "election nears"!? What planet are they on? Nov. is still 4 months away and even the primaries are over 2 months away. Election campaigns in intelligent countries haven't even started yet. In Britain, campaigns are limited to the six weeks preceding the election. Here the media bore us with this non-news for over 18 months and are now telling us it's nearly over, two months before it should have started. And here's more media naivete -]
NEW YORK - It's no longer the economy, stupid.
The catch phrase that defined the presidential campaign in 1992 - Bill Clinton's first - has been rendered nearly obsolete by the longest economic expansion in history. Heading into the 2000 campaign, falling unemployment and other signs of strength have relegated worries about the economy to the back of voters' minds. And the stock market, despite its uneven performance this year, does not look like it will become an issue....
[As we've pointed out before, unemployment is no longer the locus of the problem. Let's get relevant and
- start talking about our lack of t-r-a-i-n-i-n-g. During and after World War II when we really had a solidly booming and robust economy - albeit literally over the dead bodies of a lot of our workforce - on-the-job training was ubiquitous and pervasive. It isn't any more, as our spoiled "captains of industry" foist off training costs onto governments, foreign economies, and individual employees themselves.
- Let's talk about under-employment - the working poor, the millions on long hours, short vacations, and low pay and benefits, including no health insurance, not to mention our record homelessness and incarceration.
- Let's talk about the American workweek - still stuck at the 1940 level and not enforced anyway - and the American vacation - still stuck at a pathetic two weeks if we even get around to taking that, and even if we do, we harass ourselves by taking along our cellphones and beepers.
- Let's talk about the fabric of our society tearing apart as the few highly publicized rich get richer and the many under-publicized non-rich get poorer - the ominous "vanishing of the middle class" - and let's recall that "a house divided against itself cannot stand." (Mark 3:25)
- Let's talk about an overloading of high-demand skills and well-paid employment on fewer people as spoiled American employers continue to neglect training. Ah yes, training - always the first budget line to get cut in a crunch. Yet at a time when software revisions happen every two months, we need continuous training right in the workplace of the kind that only a program of overtime conversion and reinvestment can provide.
- Let's talk about a resulting concentration of income and wealth in the top 5% that has become absolutely beyond imagination - more than they could spend in a thousand lifetimes.
- Let's talk about the hallmark signs of depression and, if we don't design and implement a sharing system to reunite our population, of civil strife or foreign war.
[The press is absolutely fatuous in its superficiality and ignorance of its own American history. How many times do we have to make the same stupid mistakes before we catch on and do the basics - like sharing the vanishing work as technology and robotization and computerization and cyberneticization etc. etc. takes it over? America needs a flexible Timesizing system fast - it's already falling behind in implementing technology because its relapse from working smart to working hard has created subtle pressures to retain labor-intensive situations throughout the economy that Europe has long since moved beyond. America has become nation of passive Luddites. It has frustrated technology's promise of easier lives for all and perverted technology into replacing people instead of facilitating them. The result is an insecure nation of employees subtly resisting technological displacement in comparison with Europeans. The first is becoming last. We are seeing the "Brazilianification" of America.]
- 7/10 America's failing memory, op ed by William Pfaff, Boston Globe, A15.
Two news items...merit attention for what they say about the future....
- California between now and July 1, 2001, will become the first of the contiguous American states with non-Hispanic whites a minority. Thirty years ago California was 80% white.... Today whites provide barely a third of the babies born in the state, while three-quarters of the deaths are white non-Hispanics....
- None of the..\..55 "leading colleges and universities, including Harvard, Princeton, and Brown" \in a recent\ survey by the American Council of Trustees and Alumni...requires an American history course. \Consequently, when\ 556 about-to-graduate university seniors...were randomly asked 34 secondary school-level multiple-choice questions about US history...correct answers averaged just 53%....
- [Only 26% could] identify the content of the Emancipation Proclamation....
- [Only 34% knew] George Washington \who\ was probably..\..the general [who] won the Battle of Yorktown in the War of Independence.... (The other choices they offered were Generals Ulysses S. Grant and William Tecumseh Sherman of the Civil War and Douglas MacArthur.)...
- [Onlyl 22%] knew that the source \of\ the description of the United States as a "government of the people, by the people, for the people"...was Abraham Lincoln....
California's and America's changing ethnic compositions are the results of high birth rates among some ethnic communities and an effective legislative alliance of liberal-minded people favoring open immigration and multiculturalism, with business interests seeking a docile labor force for agriculture and industry....
Today's amputation of American memory accompanies a loss of confidence in that "old-fashioned" assimilationist model. This means that ethnic change is accompanied by deep cultural [splits] and by a loss of that moral solidarity produced by successful assimilation.
[Shades of the "old-fashioned" regulations we passed in the 1930s to end and prevent depression, regulations we are now discarding, such as
- the Glass-Steagall "simplify banking" act (7/02/1999 #2),
- high margin requirements,
- steeply graduated income taxes and
- estate taxes. Note the braindead letter to the editor today titled "What's wrong with accumulating wealth?" on page A13. Your society splits apart, that's what's wrong. Crime skyrockets, that's what's wrong. Your prison population beats world records, that's what's wrong. "The more concentration, the less circulation" - that's what's wrong. You suction the markets away from your own necessarily huge investment targets, and induce depression, that's what's wrong. In short, it's unsustainable.
Phil Hyde can testify from the campaign trail - getting signatures at supermarkets around Boston - that there are people who cannot speak English in every area and their numbers in some areas are truly astounding. "The way to hell is paved with good intentions" and there have been far too many well-intentioned people, whether self-righteous or guilt-ridden, who are quick to do the dramatic rescues of Third World families by bringing them here, but then, immediately put them on welfare and switch their attention back to further dramatic rescues, without so much as teaching the already "rescued" the language of their rescuers. It's similar to all the hotshot archeologists who want to go out on the dramatic "digs" but abandon the clay tablets they unearth back in museum basements at home, decaying year after year without decipherment. And as for the memory amputation, "those who don't learn the lessons of history are doomed to repeat them." And the hardest lessons of history are economic depression and war.]
7/06/2000 omens -
- [Qiki]
Bleak earnings forecasts from tech firms hit stocks - Nasdaq falls 129 as Dow, S&P follow, AP via Boston Globe, C4.
- Fungus considered as a tool to kill coca in Columbia - Questions over ecology - Washington and Bogota work on developing a powerful biological herbicide, by Tim Golden, NYT, front page.
[More twisted ramifications of our self-flagellating drug war - the failure of "Prohibition revisited" - instead of learning from our successful approach to combat nicotine by not criminalizing it but taxing it for its costs, and pushing its costs back on its users and manufacturers.]
- The danger point - Earth's warming speeds up, op ed by Bob Herbert, NYT, A27.
...In the last 25 years, the rate of warming further accelerated, to about three times [the] rate of increase [from 1860-1975, to] 0.35 degrees Fahrenheit per decade.... Later in this century, using median projections, not even the worst projections, a third of [e.g., the Everglades, will] be gone - drowned under water - if we don't act to stem the buildup of the greenhouse gases [from e.g. car and truck and bus and industrial emissions]....
7/05/2000 omens -
- Misery index of UN panel finds Africa is worst off, by Barbara Crossette, NYT, A7.
...The Human Development Report examines the availability of schools, clean water and medical care, and whether people can play a role in politics.... This year, 30 of the 35 countries at the bottom of the index were in sub-Saharan Africa....
- Sierra Leone...is ranked last. [Next are]
- Niger,
- Burkina Faso,
- Ethiopia,
- Burundi,
- Guinea-Bissau,
- Mozambique,
- Chad,
- the Central African Republic, and
- Mali....
[So where's Zimbabww (see story below)?]
- In the Western Hemisphere, only Haiti ranks in the bottom 35.
At the other extreme, the countries with the highest human development indicators are, from the top,
- Canada
- Norway
- the United States
- Australia
- Iceland
- Sweden
- Belgium
- the Netherlands
- Japan, and
- Britain....
[So where's France? And what accounts for its absence in the top 10? Anyway, the new insight from all this is -]
"Human rights are not [a result] of development," said Mark Malloch Brown, the development program's administrator, in an introduction to the report. "Rather, they are critical to achieving it...." This year's report, which was issued last week, calls for the increased collection and more effective use of statistics to aid in promoting human rights by quantifying more effectively the conditions under which many people live....
[What was that quote about "if you can't quantify it, it doesn't exist"?]
- [And a case in point of Africa's "worst-off-ness" -]
Zimbabwe's woe: It's the economy - A top problem for a new Parliament: high joblessness - [photo caption:] ...Unemployment in Zimbabwe stands at nearly 50%, and poverty has surged in the last decade, by Rachel Swarns, NYT, A6.
[Ah, a prime candidate for the Timesizing solution to integrate the population in the poverty-solving project, share what little market-demanded employment there is, implement continuous training right in the workplace, optimize and maximize the consumer base, and achieve maximum healthy and ecologically sensitive economic growth. No mixed-blessing outside "rescues" required.]
- [A dose of our own "medicine"? -]
Europeans are setting merger sites on US targets, by Andrew Sorkin, NYT, C4.
The conventional wisdom has been that European companies, newly emboldened by a common currency and economic growth at home, would use Wall Street style tactics in crossborder deals unifying the Continent [such as] Vodafone AirTouch's $183B acquisition of Mannesmann [although] Spain's largest telephone company, Telefonica, tried to buy the Dutch telephone operator Royal KPN in May, but was foiled by the Spanish government...over political concerns. A privately proposed merger between Telefonica and British Telecommunications was also thwarted..\..
But not following the script, European companies have increasingly set their sights on acquisition targets in the United States first [such as -]
- Vivendi's recent deal to acquire Seagram...
- Unilever's agreement to buy Bestfoods...
- Terra Network's buyout of Lycos...
- [and now] Deutsche Telekom of Germany strongly considering making a bid for Sprint....
Said Donald Meltzer, co-head of gloabl mergers and acquisitions at Credit Suisse First Boston in London, "You go where you can do the deals...and acquiring control is still easier in the U.S.".... And European companies that want to increase their size quickly are inclined to go after American companies, which are usually much bigger, before looking at their neighbors....
[This is stupid because it erodes Europe's insulation from America's greater instability. Europe, with its worktime sharing (shorter workweeks, longer vacations), is stabilized by its employees' greater leverage - which translates into a stabler consumer base. American, with the longest workweeks and the shortest vacation in the developed world, is constantly damaging its consumer base with downsizings. But spending good Euros for volatile American companies is going to infect Europe with American instability - raising the question, Why bother to unite Europe into a countervailing power in the first place if you're going to do that??! Also, as a side issue, the general merger picture looks like this -]
Overall deal-making [had] a record-breaking first quarter of $1.121 trillion [with American activity at] $568 billion \although\ the global market for deals in the April-June quarter fell by 32% to $760B..\..according to statistics released today by Thomson Financial Securities Data, which tracks mergers and acquisitions. Most of the decline can be attributed to activity from deals in the U.S., which fell to $324B.... European activity remained relatively [stable] at $298B compared with $303B in the earlier quarter.
Nonetheless, global activity for the first half of the year surpassed previous results....
As Wall Street banks jockey to rake in the most deals...Morgan Stanley Dean Witter and Goldman Sachs [are] in a virtual tie at the top.
- Based on completed deals so far this year, Goldman is the leader, followed by Morgan Stanley, Merrill Lynch, Credit Suisse First Boston, J.P.Morgan and UBS Warburg.
- But based on deals announced so far this year, Morgan Stanley leads, followed by Goldman, the Salomon Smith Barney unit of Citigroup, Merrill and Credit Suisse.
- ["Oh nooo, Mr. Bill!" Not more lawyers!]
Battle of the graduate schools - Law gains edge on business, and no one knows why - The tight labor market and desperate employers? The strong economy and its alternatives?... ...Or is it popular culture, after 'L.A. Law' and the Simpson trial?, by David Leonhardt, NYT, C1.
[Naaa, the kids look at the Internet shakeout and ask themselves, "Who makes money even from BAD news?" - (or maybe especially from bad news!). Besides, it's the skills market that's tight, not the labor market. Labor is in gross and growing surplus all over the world. That's the whole effect of inrushing robotization and automation without any automatic way to reduce worktime per human to compensate. And employers in general still aren't "desperate" enough to raise pay, set up training programs, quit mass layoffs, quit targeting 50-60-year-olds, or quit raising their job requirements. They just want more visas so they can scoop in more low-wage pre-trained youngsters from overseas. And as for " low unemployment," at around 4% it's still twice what we regarded as alarmingly high 50 years ago and it's not counting today's problem anyway - desperate people working megahours at multiple low-pay part-time jobs - under-employment. So let's cut the hype. It's really getting old. This is just a "boom" for the rich, the insulated, and those who keep themselves too busy to let the here&now emptiness of their lives sink in.]
7/02/2000 ominous qiki -
- Trip to nowhere - After a wild ride, many investors find portfolios about where they started in January, by Scott Nelson, Boston Globe, H1.
7/01/2000 ominous qikis -
- ["Bad, but..." -]
Weak 2nd quarter drags stock indexes down for the year, by Robert Hershey, NYT, B1.
- The Nasdaq composite index lost 13.3% in the quarter, its first loss since 3Q98. The decline more than wiped out its Jan-Mar advance and left it down 2.5% for the first 6 months of the year.
- The Dow Jones industrial average declined 4.3% in Q2 and is now down 9.1% so far this year.
- The S&P 500-stock index slumped 2.9% in the quarter and closed out the first half down 1%....
[But -]
..\..The Federal Reserve continued to try to slow the economy.... "We clearly did deflate a good portion of the speculative bubble called the Internet," said Ned Riley Jr., chief investment strategist at State Street Global Advisers in Boston.
[A better plan would not be to deflate the bubble but to solidify it. Only a non-cosmetic approach like Timesizing can do that, because it reverses the uncontrolled centripetal forces on wealth.]
...Investment money has to go somewhere and this time the beneficiaries tended to be drug and other health care companies, real estate investment trusts and utilities. Stocks of semiconductor companies also climbed....
[In short, we're still just playing the shell game - "here are 3 cup-shaped shells - we place the pea under one, slide them around and mix them up - now guess where's the pea?" Investment money in a state of uncontrolled concentration is still suctioning the markets away from its own necessarily gargantuan investments -1928 revisited. And investment money may indeed "have to go somewhere" but "under the mattress" is also "somewhere" - and that's what happened in 1929. The real trick is to centrifuge wealth out of Wall Street and into wages so some of these sectors actually have sustainable and maybe even growing markets, to really secure and solidify these massive infusions of investment money and minimize the incentive for just stuffing it all under the mattress, as throughout the Depression. Work sharing à la Timesizing accomplishes that.]
- U.S. farmers still planting biotech crops - Only a slight dip in use of gene-altered seeds, by David Barboza, NYT, B1.
...Genetically altered crops were planted on about 69m acres of American farmland last spring. That compares to about 71m acres planted with the crops a year ago....
[How quickly agribusiness embraced this how-briefly-tested technology despite its how-long-term implications! As the country song on HillBilly at Harvard said yesterday morning, "...Rich men believe their own lies...."]
For earlier collapse stories, click on the desired date -
Jun 16-30/2000.
Jun 1-15/2000.
May/2000.
Apr/2000.
Mar/2000.
Feb. 16-29/2000.
Feb. 1-15/2000.
Jan./2000.
Dec.16-31/99.
Dec.1-15/99.
Nov/99.
Oct/99.
Sep. 16-30/99.
Sep. 1-15/99.
Aug. 16-31/99.
Aug. 1-15/99.
July 15-31/99.
July 1-14/99.
June 16-30/99.
June 1-15/99.
May 16-31/99.
May 1-15/99.
Apr.16-30/99.
Apr.1-15/99.
Mar.16-31/99.
Mar.1-15/99.
Feb/99.
Jan 16-31/99.
Jan 1-15/99.
Dec/98.
Nov/98.
Oct/98.
Sep 16-30/98.
Sep 1-15/98.
Aug/98 and before.
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