Snyder: “There Is Intense Competition For Virtually All Kinds Of Jobs”

jobfair-ny
(Pictured: Thousands await their turn at a New York City job fair. Scenes like this are common across the entire country, where job applicants often wait in lines that stretch for up to half a mile.)

Employment Recovery? 1,600 Workers Apply For Just 36 Jobs At An Ice Cream Plant In Maryland
By Michael Snyder

The stock market may be soaring to unprecedented heights, but things just continue to get even tougher for the middle class.  In this economic environment, there is intense competition for virtually all kinds of jobs.  For example, more than 1,600 applications were recently submitted for just 36 jobs at an ice cream plant in Hagerstown, Maryland.  That means that those applying have about a 2 percent chance of being hired.  About 98 percent of the applicants will be turned away.  That is how tough things are in many areas of the country today.  It is now more than five years after the great financial crash of 2008, and the level of employment in the United States is still almost exactly where it was at during the worst moments of the last recession.  And this is just the beginning.  The next major financial crash is rapidly approaching, and once it strikes our employment crisis is going to get much, much worse.

Working at an ice cream plant does not pay very well.  But at least it beats flipping burgers or stocking shelves at Wal-Mart.  And in this economy, there is no shortage of desperate workers that are willing to take just about any job that they can find.  The following is how a Breitbart article described the flood of applications that were received for just 36 positions at an ice cream plant owned by Shenandoah Family Farms in Hagerstown, Maryland…

Thanks to persistent unemployment and low availability of low-skill jobs, Shenandoah Family Farms’ ice cream plant in Hagerstown, Maryland has received over 1,600 applicants for a grand total of 36 jobs. Many of those applicants are former workers at the Good Humor plant that was bought by Shenandoah Family Farms. “You’d think that after 20-some-years working someplace at least somebody would think you area a good person, that you’d show up on time every day, and that would be worth something,” Luther Brooks, a 50-year-old former worker at the plant told the Washington Post. “I can’t get nothing. I’ve tried.”

Anyone that believes that the economic crisis is “over” is just being delusional.  It may be “over” for the boys and girls that work on Wall Street, but even their good times are only temporary.

Of course most Americans are not fooled by the propaganda being put out by the mainstream media.  According to a recent CNN poll, 70 percent of all Americans believe that “the economy is generally in poor shape”.

And according to another survey, the economy is still the #1 concern for American voters by a good margin and unemployment is still the #2 concern for American voters by a good margin.

In other words, “It’s the economy, stupid!

The American people can see that mid-wage jobs are disappearing and that the middle class is being systematically eviscerated.  The following is a short excerpt from a recent Business Insider article

A startling number of middle-class jobs may be headed toward extinction.

More than any other job class, mid-level positions have struggled to recover from the recession, and only a quarter of jobs created in the past three years are categorized as mid-wage. There are high-skilled professional jobs that require college degrees and low-skilled service jobs for less educated workers, but the middle is getting squeezed.

As mid-wage jobs disappear, they are being replaced by low wage jobs.  As I mentioned yesterday, one recent study found that about 60 percent of the jobs that have been “created” since the end of the last recession pay $ 13.83 or less an hour.

And this is just the beginning of the decline of the middle class.  Another great financial crisis is rapidly approaching, and once it arrives things are going to get much worse than they are right now.

A number of very prominent experts believe that this next great financial crisis could begin in 2014.  For example, in a recent article entitled “Top Ten Trends 2014: A Year of Extremes“, Gerald Celente warned that “an economic shock wave” could hit the United States by the middle of the year.  Here are some excerpts from that article…

-”In 33 years of forecasting trends, the Trends Research Institute has never seen a new year that will witness severe economic hardship and social unrest on one hand, and deep philosophic enlightenment and personal enrichment on the other. A series of dynamic socioeconomic and transformative geopolitical trend points are aligning in 2014 to ring in the worst and best of times.”

-”Such unforeseeable factors aside, we forecast that around March, or by the end of the second quarter of 2014, an economic shock wave will rattle the world equity markets.”

-”Nearly half of the requests for emergency assistance to stave off hunger or homelessness comes from people with full-time jobs. As government safety nets are pulled out from under them – as they will continue to be for the foreseeable future – the citizens of Slavelandia will have no recourse but action.”

You can read the rest of that article right here.

And according to the Wall Street Journal, United-ICAP chief market technician Walter Zimmerman in convinced that 2014 will mark the beginning of a massive stock market decline.  In fact, he believes that over the next couple of years it could fall by more than 70 percent…

In what may be the bearish call to end all bearish calls, one technician believes 2014 will be the year of “major reversals,” with the Dow Jones Industrial Average expected to start a two-year decline that could eventually take it down more than 70% to below 5000.

If his forecast is correct, it will make what happened in 2008 look like a Sunday picnic…

“Based on our longer-term time cycles the present stock market rally must be considered the bubble to end all bubbles,” Mr. Zimmerman wrote in a note to clients.

He doesn’t believe the Dow Industrials will hit a long-term cycle low until 2016, somewhere in the 5770 to 4650 range. The Dow hasn’t seen those levels, which are 65% to 72% below current prices, since late-1995 to mid-1996.

So what do you think the rest of 2014 will bring?

Please feel free to share your thoughts by posting a comment below…


SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You

“In Virtually Every Single Case the Citizens Who Were Ultimately Murdered Never Saw It Coming”

While the NSA, FBI and other intelligence agencies mine and collect trillions of domestic electronic interactions of every American citizen, a large portion of the population simply assumes that nothing will ever come of it. “If I’m not doing anything wrong,” they say, “then who cares?”

True. Today you can go out, join a protest, scream to your heart’s content at Occupy and Tea Party assemblies, and under the First Amendment you are free to go about your business once done. You can insult politicians. You can discuss ‘conspiracy theories’ with your friends. You can post to forums, blogs and social networks and be totally immune from state-sponsored persecution and prosecution based on your beliefs and ideologies.

All the while, the government is cataloging your every interaction – who you’ve spoken with, where you’ve been, you’re political inclinations, religious beliefs, and your purchasing habits.

The data, for all intents and purposes, isn’t being used for any real overt purpose right here and now.

But as we’ve seen throughout history, governments change, as do the legalities of certain activities.

This week the U.S. Fifth Circuit court issued a ruling allowing the government to capture cell phone data without a warrant.

Ruling 2 to 1, the court said a warrantless search was “not per se unconstitutional” because location data was “clearly a business record” and therefore not protected by the Fourth Amendment.

At first glance, this may seem like no big deal, but as Karl Denninger explains, it may have serious life altering implications – not today, or tomorrow, but perhaps five years or a decade down the road.

That is, exactly what the NSA is grabbing from all cell carriers in bulk without a warrant.

“In bulk” means for everyone.

All the time.

The root of the problem here is not that it might lead to you “right now.”  It’s that the data, once acquired is never erased and thus becomes a record that can be used at any time in the future if it becomes politically (or otherwise) expedient to use in order to implicate you in something.

The usual argument on the other side is something along the lines of “I’m not doing anything wrong so I don’t care.”  Uh huh.

You’re a rather trusting sort, you know.  After all, there is no evidence that the government would ever turn into something evil at any time in your lifetime and then use that data to ex-post-facto link you to something they don’t like — right?

There’s no history of governments doing things like this, is there?  Oh wait — there is.  There are in fact dozens of such instances through history, and in virtually every single case the citizens who were ultimately murdered as a consequence never saw it coming 5, 10 or 20 years down the road because at the time they “consented” the evil thing wasn’t happening — yet.

The most-obvious of course is the Jews in Nazi Germany, but by no means the only example.  Indeed, the history when it comes to privately-owned arms is that material and serious constraints on their personal ownership tend to come 10 or 20 years before the citizens are murdered by their very own government.

This is much-more-insideous in that these “records” can be — and will be — used to link you to a political protest (e.g. “you were at the Washington Mall during the time that xxxx happened”) and while today that’s considered a protected activity who says it will be tomorrow?

The real error here is that “business records” are not accorded 4th Amendment protections.  Why not?  I give the cell company access to my location not because I want them to have it but because it is necessary for their systems to know where I am for the service I am contracting for to work.

The very premise under which the court ruled is incorrect — if you and I agree that you may have some piece of information for the purpose of providing me a service or good that does not mean that I am giving you license to use it for whatever other purpose you may cook up later on.

If we cannot get our government to respect the fact that private citizens and private companies have the right to allocate information for specific purposes and that doing so does not give a general level of permission to either entity to then use that data outside of the specific purpose for which it was negotiated then we need a new government that does respect that fact.

Period.

Via Market Ticker

Why do you think they’re collecting this data and investing hundreds of billions of dollars into massive NSA data centers where they can store, process and cross reference this data? These aren’t just shovel-ready Obama jobs to boost the economy.

There is a plan in place, and one day all of this data will be utilized by the government. And as we know, it’s never for the benefit of the people.

Everything you do right now is being monitored, and one day soon they’re going to use that data against you.

Let’s just hope the penalties for future violations based on past transgressions don’t come in the form of being lined up against a wall.

nazi-execution

Of course, such things can’t possibly happen in the “modern” world, so we have nothing to worry about.


SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You