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Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts

Thursday, September 8, 2011

Corporations are not people

I used to know a guy in college who always said, you are either for me or against me. Usually he wanted help in some way and everyone had a good laugh. But there is no laughing now. Sixteen million people unemployed with a double dip recession looming, one quarter of all mortgages under water, houses worthless, and a vanguard of zealots running for President who want to destroy Social Security, Medicaid, and Medicare. See Paul Ryans plan if you doubt what I am saying or watch Governor Perry in the debate last night.

These are the times of you are either for the people or against the people. Ideology aside. Republican, Democrat, Libertarian, green whatever, this concerns the people. Black, white, yellow, brown, it doesn't matter your color. The people are on the line right now. The American Jobs Act will be unveiled and it will help middle class people. It will help the people. Even if you are employed and doing very well, this plan will be better than doing nothing because we might have a chance to get things going.

Corporate America will bail out nobody in the United States. They are in pursuit of other markets. They are in other countries where the emerging middle class has buying power. They are after those consumers. They are sitting on trillions and are not going to employ Americans because the American consumer has been shucked and left with only the husk. There is no more money for the corporations to mine. This is a basic concept. There is no Buy America. The buyers have left the country for ports where people can buy. And corporations are not churches, they do not have our best interests at heart. They could give a damn.

Mitt Romney was wrong. Corporations are not people. They are not feeling creatures. They are entities created to make money anywhere in the world. America to them is like a service station where you can pick up some gas and a few goodies, but you are on your way somewhere else. The right will try and obstruct Obamas plan. They have already begun. But they are not obstructing the Presidents plan. They are obstructing the people.

http://www.billhazelgrove.com/
Rocket Man  One Man's Search for the new American Dream. James Frey

Saturday, September 3, 2011

Priming the Pump

We had a Briggs and Straton lawn mower when I was a kid that refused to start. I would have to pop off the spark plug and pour gas into the cylinder, blow out the gap in the plug, put it back and start pulling again. The mower would start with a quick burst and then sputter. I had to do this three times before the mower heated up and ran again. Dad called it priming the pump and when I got minibikes and motorcycles then snow blowers it became my go to method to get an internal combustion engine running again.

This is what we need now. We need to prime the pump with some raw gas and get things going. If an economy is a motor then ours just wont start. Middle class people are the gas of an economy. Sorry but they are. Without buying power it doesn't matter how many times the spark plug fires there can be no combustion. People have no buying power anymore, no gas. We have to pull off the plug and pour rag gas into the cylinder and see if can get the motor to catch now. It is a last resort but that is where we are.

Do not insult me with trickle down nonsense. Nothing trickles down. Let me say it again. Nothing trickles down. The rich stay rich and companies say fat. They will not suddenly release all their millions and employ people. They will find things to do with their money no doubt, but we now need to put the gasoline directly into the cylinder. We do need New Deal style muscle.We need to give people jobs. Any kind of jobs. Call it Grow Up. But the gas must be poured into the engine and not sit in the tank.

People need money to spend. This is how the economy gets rolling. Oh but it will sputter. The stimulus didn't work. Bull and so what. Something is better than nothing. Forget about rich people bailing us out.  That Republican mantra is just bull. We will bail ourselves out by giving to the people who will spend the money to buy the goods and get the economy rolling.

A lot of times I had to put the gas in several times before the mower would start. We will probably have to do this several times also. But priming the pump does work, and eventually, the motor  starts again.

Saturday, June 4, 2011

I want to talk to the President....

And tell him trickle down has killed all the middle class lawns. And that the credit faucet has been turned off for anyone not in the one percent and the lawns have become dormant and are in danger of dying. I would tell him middle class people are  no longer represented in Washington and he has let a group  of people choke off all the water under the lie of fiscal conservatism. I would tell  him middle class people are not dressing as well and their cars are getting older. I would tell him that their houses are worthless and that unless he restores their value the economy is doomed to sputter.

I would tell the President the banks do not want to lend to the middle class anymore. I would tell him they have upped the requirements for a loan that nobody can qualify. I would tell him that credit is being withheld and it is starving the very people he needs to bring about a recovery. I would tell him he should allow people with good credit to refinance regardless of the value of their home. He should tell the appraisers to stop using foreclosures and short sales for comparables. I would tell him to pass a law making it mandatory for holders of second mortgages to subordinate to the first loan and allow people to refinance their home.

I would tell him that the banks will  not lend anymore and he has to establish a National Bank to lend to the middle class. I would tell him to walk through Home Depot or Starbucks or Target and see all the people working there who used to have white collar jobs. I would tell him to notice there are no customers. I would tell him that unless he gives buying power back to the John Q Middle class our economy is doomed. Maybe our republic. I would tell him he has to fight the bad guys now even if he loses. He has to fight the one percent, the banks, the corporations. He has to fight for the little guy who elected him.

I would tell the President time is running out. That it is going to be a long hot summer. I would tell him it is not too late. I would tell him to start on housing. Start with the middle class's biggest asset. I would tell him if he restores housing then he can grow the economy from the bottom. That is where the grass has to be watered. I would tell him to call me or any middle class person and find out what is really happening in America. I would tell him this could be his greatest moment, but he has to act now.

http://www.billhazelgrove.com/
Rocket Man will blast off in the summer

Tuesday, August 31, 2010

President Obama should go to Foreclosure Court

You do get the feeling the President just doesn't get it. There is a Herbert Hoover quality to his pronouncements that the economy should be doing better with the stimulus packages his administration has passed and that many jobs have been created and people really are doing better. The President should go sit in foreclosure court. That might just jump start his awareness.

In foreclosure court you sit in the back and wait while the attorneys for the banks march up to the judge. The attorneys sit on the other side of the low wainscoted divider in high backed leather chairs. They are there for the banks. The people getting foreclosed sit in wooden benches next to each other like criminals waiting trial. There is no talking in court. Many of the defendants need a interpreter who gets up and speaks loudly in Spanish so everyone in the court will hear. On this particular day the judge makes the announcement that there will be no more interpreters after today because of cutbacks.

So then you wait and watch. One by one people go up before the judge and plead for time. That is the best you can do. The banks lawyers have foreclosure orders in hand and they want to foreclose...now! The judge gives some people twenty eight days, but others he grants the order of foreclosure. The people shuffled out glumly knowing they have to leave their home or the sheriff will evict them.

The President doesn't seem to understand this reality. The people in the courtroom are from all walks of life. Some people come as husband and wife, many times only one spouse shows up to get the bad news. Foreclosure court never ends. The court fills up as fast as the judge gavels the cases along. The lawyers troop in and out. The banks have at least five attorneys present. It is always the bank versus the individual. It is an assembly line in reverse. This is not production, but destruction. Destruction of an American Dream gone horribly wrong.

So I think President Obama should stop in just for a little while. You sit there for an hour and you get it. Sometimes there is a tearful woman and everyone feels really bad for a moment. Everyone remembers these are peoples homes and not just judgements of default on loans. The lawyers pause, the cops look away. The judge waits for the woman to compose herself, then everything gets rolling again. The sad assembly line of our bleeding nation.

William Hazelgrove's latest novel Rocket Man is due out in September. The story of a man trying to hold onto his home. http://www.billhazelgrove.com/

Wednesday, August 25, 2010

The Permanent Unemployed of the coffee houses

As a writer I am in a lot of coffee houses and man you see them everywhere. The unemployed men you pick them out in a second. They are a lot of white guys with beards and goatees. Grey haired. They meet people in the coffee shops and talk in hushed voices. They read with the paper hiding their face. They meet at park benches and walk up and down the street with other men. They are the displaced work force of the Great Recession who will probably never go back to work. Like cattle they have been marginalized early in the ungracious retirement that is a massive economic realignment.

Call it what you will but the economy will become something else. It will become a cyber based green based machine that will be global in scope. It will move away from brick and mortar and the jobs offered will be different than those that exist today. The upheaval of the economy is a massive displacement of people and skill sets that have experienced sudden obsolescence. This is not a pause, this is a metamorphosis that will shed older workers like leaves that have grown brittle.

The young workers will fill the funnel first and then there might be some filling in. But middle aged white men will not be called up. There has been a fundamental shift in the tectonic plates of our everyday life and the slushy credit market that allowed companies to carry people in bloated management does not exist and will not exist again. That great run started by the greatest generation fizzled with the rise of China and the implosion of the derivative market. The funny money of twenty years vanished into the Monopoly board and left only the players...but without a game or money or properties worthless, the game is shelved for the new reality of  Don't Wake Daddy...because daddy has nowhere to go.

William Hazelgrove's new novel Rocket Man is due out in September. The story of a man who moves to the suburbs and loses his mind. www.billhazelgrove.com

Books by William Hazelgrove