It is just getting interesting, ehhh?

Jim O'Bryan · Post by **Jim O'Bryan** » Tue Jul 15, 2008 5:30 am

War in Iraq, on pause during the election season. The Taliban is getting a little edgey as they are being forced to grow poppies and the briefcases of money from (?) have stopped coming in. Meanwhile the push is on to get us in a war with Iran before the elections, while Pakistan has told us, "No looking for Bin Ladin there." Which matters not as he is probably in Miami poolside.

Foreclosures rising through the roof, er sky, as the government looks to bail out the lenders not the lendees, though it would seem maybe bailing out either an iffy proposition. Prices through the roof, as gas goes up and the country tries to switch to "corn based ethanol" which has caused food prices to sky rocket through the roof we used to own.

Jonlessness at an all time high since the 40s, manufacturing jobs at an all time low since the 40s, and manufacturing all but gone from America, so there is nothing to bring us out of this but candles and beads.

Now the banking system starts into utter collapse, as the insurance companies continues to take a beating.

Who would have thought?

Well Observers would have! Go back to some of the earliest discussions on the Deck and read it for yourselves. Some nailed it as if they were reading today's paper 4 years ago.

Funny how screwed up a country can get in 8 years. Now if we could overturn the rule of only two terms, we could get this going out of business sale going.

FWIW

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Bret Callentine · Post by **Bret Callentine** » Tue Jul 15, 2008 6:59 am

I heard a rumor that several native american tribes are pooling their casino money to put a bid in on re-purchasing Manhattan.

If the dollar gets any lower, the mayor of NYC might just want the beads back.

Can anyone in the business fill us in... How high do the fuel prices have to go before the resulting rise in shipping costs bring at least some of the manufacturing jobs back to the states?

Jim O'Bryan · Post by **Jim O'Bryan** » Tue Jul 15, 2008 9:46 am

Bret Callentine wrote:Can anyone in the business fill us in... How high do the fuel prices have to go before the resulting rise in shipping costs bring at least some of the manufacturing jobs back to the states?

The "theory" is the increased cost of fuel adds so much to the cost of the goods that it is not longer financially feasible to be competitive.

However they all seem to forget how we sold our souls and manufacturing future to NAFTA.

So it is a little faux and flawed in thinking.

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