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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (66880)	8/26/2009 10:24:15 AM
From: Metacomet	Read Replies (1) \| Respond to of 78408

We need a new business plan. Amen.. And the first stake in the heart of the beast has to be term limits for the gaggle of Washington whores....

To: loantech who wrote (66880)	8/26/2009 11:46:52 AM
From: E. Charters	3 Recommendations Respond to of 78408

I think we will have to go Commie as a cure-all. No wait, we are already there. If not I am sure Obama will take us the rest of the way. The reason we don't make anything is because the rest of the world (the numeric majority of the rest of the world) makes between $3.50 a day and $3.50 an hour. (Which is somewhat less and somewhat more than we used to make in 1960. So we are 48 years ahead of the world, or they are 48 years ahead of us.) AND we have to make $35.00 an hour to be able to survive as we did in 1960 making what we did then. We cannot do that on average, making our economy spiral steadily downward, as our consumption on average falls short of what it should to keep ourselves gainfully employed. This leads to a lack of both creativity and production. Because of the massive increase in government red tape it is much harder and more expensive for small operators to hire casual labour, leaving employers without affordable pick up labourers, an increased business cost, and an increased cost engendered by that segment of society being downloaded unproductively onto the taxpayer. Our production, it should seem obvious, must perforce be more expensive than even we can afford and absolutely out of reach for other nations except for basic raw materials or bulk products of a technical or engineering nature. Rising labour and material costs became a serious problem for nations like Germany even for luxury technical items such as Cameras. Lack of innovation and difficulty in reducing costs led to the demise of the German camera in favour of the acceptable, innovative and cheaper Japanese camera. German manufacturers even tried and failed to manufacture competing products offshore, as did our retailers in textiles, and household products. Ditto Cars, stereos, televisions and myriad other engineered technical products. We lost the race to technically innovative, highly organized and cheaper-labour countries. We have seen this gradual decline for decades. It has been accompanied by a vast influx of immigration, taking what hot money, low end jobs that remained - that normally fell to our more disaffected organized classes. There is no mystery to the process. Certain facets of the out-competition, such as better marketing skills, and increased efficacy of the products, (better fit to pocket books and taste) are not as obvious. Our stultified companies normally insulated from competition just lacked the depth to meet market demands. They were hidebound by their own attitude about market demands.. They were outthought, out marketed, out produced, outdesigned, and undersold. We lost the race by our own inverse brilliance. One thing was clear, we were not going to sell anything to the Japanese, Koreans, Chinese, Singaporeans, Taiwanese in return. Not even eventually great lumps of iron. Our governments gleefully co-operated with the latter concept making it ever more uncompetitive for our resource industries in every possible way, stating that the mythical service industry (civil service it seems) was the thing we should aspire to. Paper pushers of design, construction and maintenance of things we no longer make or market. How that is supposed to work escapes me. I can see no good end in sight. We printed dollars it like mad since 1963 in a desperation in order to outspend the rest of the world, and now we pay for our attempt at dollar dominance. It is strange that the countries that were most devastated by war most quickly recovered their economies to new heights of world power. With few advantages of resources, infrastructure, nearness to markets, or capability other than education and determination, they beat the world. It seems rebuilding allowed them to modernize, re-organize, and invigorate their business. Maybe we should have torn down our businesses. It is argued that the Marshall plan and favoured trade agreements, and technology sharing in production gave Germany and Japan an enormous advantage after the war. What to do? I am not sure. Canada's advantage, natural resources and a trained cadre of exploration and development people is being squandered by recalcitrant governments with a bogeyman environmental complex and high priced undertrained labour. We are shooting ourselves in the foot with great precision. Eventually GB used to some kind of Roman plunder economy saw its empire collapse and very nearly became third world. As it is they cannot produce enough of anything on their island to survive much better than their distant ancestors did. Will the US do the same? If we have to import everything we consume, what will we offer in return? Very well made dollars? youtube.com There were Miracles on 34 street amongst world economies. Without exception they were accompanied by a dramatic decrease in the load on the consumer and business in the form of much lower taxes. Cases in point that are undeniable are Ireland, Sweden, Norway, Columbia, and to a lesser extent, Quebec's mining industry. It is clear that government has scrooged us enough. It is time for Santa. EC<:-}