Thursday, October 28, 2010
Britain can no longer afford to wage war: This is really troubling for many reasons!
This really is a devastating development as these wars are just barely starting. England was always someone we could count on. We have heard for years that the US can't police the world and do everyone's fighting for them but it increasingly looks like we are going to be doling just that and this purposely caused world wide financial disaster too is going to get much worse here and around the world.
In a bid to streamline its armed forces and help reduce its daunting levels of national debt, the British government on Tuesday announced plans to cut its military personnel by 10 percent, scrap 40 percent of the army’s artillery and tanks, withdraw all of its troops from Germany within 10 years, and cut 25,000 civilian jobs in its Defense Ministry.
The plan also calls for the immediate scrapping of the Ark Royal, Britain’s only aircraft carrier capable of launching fixed-wing jets, along with the entire fleet of Harrier jump jets. Also the government would delay construction of a new fleet of Trident nuclear missile submarines, which now constitute Britain’s nuclear deterrent, for about five years. Britain Announces Severe Military Cutbacks - NYTimes.com This is really troubling!
I understand Britain is hurting but so aren't we. Can't they Bankrupt Britain like we are Bankrupting America while enriching China to enlarge and update their military to some day confront us? We are hurting too but now is not the time to cut back this in its whole terrible scope has barely begun. Remember this as we watch things get worse and worse here and around the world? America's recession: It's over | The Economist
They say it ended June of last year making it 18 months long the longest since WW2. I hate to be the one to tell them but this is not over. It will dwarf the longest recession in U.S. history during the nineteenth century which was between 1873 and 1879. Tell that to the still growing number of poor. The overall poverty rate climbed to 14.3 percent, or 43.6 million people, the Census Bureau said Thursday in its annual report on the economic well-being of U.S. households, plus the jobless rolls just increased by 465,000.Over?
The share of Americans without health coverage rose from 15.4 percent to 16.7 percent or 50.7 million people mostly because of the loss of employer provided health insurance during the so called recession. If the tea party gets in control they will dwarf those numbers. Foreclosures were up again last month. The recession is over? Over and ended over a year ago? Tell that to the millions that know it is on going and see no improvement in sight. 1 in 7 Americans live in poverty
I started Blogging in 2005 as a means of talking with those that care about we the people, average Americans, those who live in the trenches of society and want to hear the truth and discuss that and how we really feel as we never ever hear it. Little did I know no one wants to hear it and no one cares. That goes for all societies all around the world.
The so called experts of the old world the pre 9/11 world became fond of saying this is a new world it will never be the same, we must adapt we must overcome this new world to survive as we are and proceed through the 21st century.
Those fools in the Government, the media, and corporations do not care about us or the truth only making money and playing their games. They do not have a clue and do not care period! Times have changed! I stopped writing books and started this Blog as a means of talking daily because ours and the worlds situation was devolving so rapidly I could not keep up with it. It keeps getting worse!
I started warning in 2007 of the impending financial disaster when Bush Greenspan, Kramer, and other so called leaders the economy and the stock market were senselessly playing up how great things were. It was very exasperating!
Again, I was frightened at the portend of things to come and the truth was being ignored, maybe not seen, but it was frighteningly obvious we were rudderless and all our so called leaders only cared about themselves.
This recession is not over it has barely begun. We alone have borrowed trillions and despite political game playing cutting a few measly Billion is worthless especially in vital parts of the worlds defense.; There really is room to cut hundreds of billions of dollars in waste in the US and Britain but the right thing as usual will never be done only the things that will help one party or the other even in Britain. We really better wake up because we are in trouble and we are like it or not the worlds police force at least for now!