Showing posts with label Civil Unrest. Show all posts
Showing posts with label Civil Unrest. Show all posts

Friday, August 07, 2009

Will The Economic Crisis Descend Into Violence?

It sure seems like it might. As the economy gets worse, politics it seems, is getting to be a rough business. American politicians have rarely had to deal with this sort of belligerent constituent rage, and it has appeared on the public stage suddenly and in a widespread fashion.

Nancy Pelosi and others blame these spectacles on conservative special interest groups. And to some extent, she's right. But it appears that all they are doing is tapping into a well of anger and distrust many Americans are obviously feeling.

I don't think the general public nor the politicians have caught onto how deep into an economic crisis we are. And in times of national struggle, such as we find ourselves, everyone must be on their best behavior to avoid widespread civil unrest. We can hardly afford that sort of thing now.

Wednesday, April 01, 2009

UN Says 'Social Unrest' Is A Possibility; GM Asks For Another $2.6 billion in subsidies

UN chief Ban Ki-moon warned that the economic crisis could lead to widespread social unrest. Is that a threat or a prediction? Hard to tell.

GM asked for $2.6 billion in 'low interest loans" (i.e., subsidies) in order to build Hybrids. Oh, so now you need money to build Hybrids?? This from the company that was going to bring us the all electric Chevy Volt (and the EV-1, which they quietly killed back in the 90's.....smart move!).

How much longer can the US subsidize domestic auto manufactures before someone complains to the WTO? Isn't this what free trade isn't all about? I'm sure the automakers are just the tip of the iceberg...