Tuesday, August 25, 2009

Cities shutting down. Got your horse ready?

Roll call of government infrastructure going to shit as of today:

Rhode Island is shutting down the state government for 12 days, hoping to save money. The shutdown will force 81 percent of the roughly 13,550-member state work force to stay home a dozen days without pay.

Birmingham, Alabama, shut down 1/3 of it's government, including closing a prison last week. About 1,000 county workers already are on unpaid leave, state assistance may be needed to perform basic law enforcement tasks come September, and they're asking for help from the National Guard. The county seeks to avoid filing what would be the largest municipal bankruptcy ever.

Yesterday, Chicago started it's reduced services plan. There won't be regular garbage-pickup service Monday and there won't be any street sweeping. Most city offices are closed. That includes public libraries and City Hall.

California has been issuing IOU's instead of money. The vendors that got IOUs couldn't take them to the bank since the banks just laughed at them when they tried to use them. Then the state taxed them on the IOUs. Now many of them are in danger of going under and they have all banded together to sue CA for $620 million.
In what, monopoly money?

Philadelphia, PA is pulling for state approval for a city sales tax increase and changes to how it makes its pension payments.
If it doesn't happen, the city's back-up plan will see nearly 3,000 city workers lose their jobs, including 1,000 police officers and 200 firefighters.
Recreational programs, libraries and city pools will be closed, trash pick-up would go to twice a month, and street lighting would also be reduced and 1,000 traffic lights would be switched to red flashers.
This is a very dangerous prospect when you consider that Philly cops are dropping like flies, despite a decline in murders and shootings overall. And have you ever seen Philly drivers? Oh boy.

Wake up, folks. This is not a recession. I repeat, this is not a recession.
Call it what you will, buy you'd better pay attention, and practice holding your own hand.

In related news, Federal Reserve Chairman Ben S. Bernanke, who led the biggest expansion of the central bank’s power in its 95-year history (read: screwing us hard) to battle the worst economic slump since the Great Depression (read: that horse got tired of being screwed so hard and gave up the ghost), was nominated to a second term today by President Barack Obama.

Bernanke's nomination for a second four-year term starting Jan. 31 requires Senate approval, but as far as I'm concerned, that's pretty worthless at this point. Who do you think is watching that dead horse get gang-raped by the Fed? And yes, it does make them an accessory.

So, what are your plans for the New World Disorder?

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