Douglas Crets

Icon

Giving Credibility to the Shadow Education System

#OccupyWallSt Created by Climate of Fear, Stimulus that Missed the Boat?

Henry Mo, an analyst at Credit Suisse, apparently said during a Goldman Sachs slide presentation, the following:

“If all U.S. job vacancies were to be filled overnight, nearly 11 million workers would still be unemployed.”

Think about that.

Now think that the U.S. government pumped hundreds of billions of dollars into state and federal construction projects.  Is it possible that what’s happened to create #occupywallst is that stimulus money did not go to the people with educations, who are looking for work, and who cannot find work? Rather than having that money go to public works projects, why didn’t it go to more entreprenerial projects geared at getting well-educated and youthful workers into jobs?

We know that the banks were too big to fail. But why, after receiving so much money, did the financial services sector end up laying off so many people?

The following slide comes from a series of slides that may do much to illuminate those questions with answers that are difficult to stomach. Could it be that banks had to receive all of this money because these banks were shoring up actual countries, whose debt levels were through the roof, and that were incapable of remaining solvent?

Unemployment by Education Factor

 

Advertisements

Filed under: Influence, , , , ,

One Response

  1. […] in the Occupy Movement may think it’s about 1% of the people of the world possessing nearly all the w…, but I would have to disagree. It’s about 99% of the people being poorly prepared to make it […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

You Found Me; Now Follow Me

Facebook Twitter More...

Calendar

October 2011
M T W T F S S
« Sep   Nov »
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Recent Tweets @Douglascrets

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 49 other followers

%d bloggers like this: