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ics eia petroleum navigator household debt u s capacity utilization u s eia world oil transit fed funds rate historical baltic dry index u s rail traffic statistics bureau japan trade statistics japan shiller online data u of michigan consumer sentiment u n statistical division imf voting percentages fed household debt survey currency converter u s business cycles u s housing inventory charts u s private investment 2006 2009 federal tax receipts gdp sources of u s corporate profits 1970 2008 fed funds rate 1980 2008 net exports as of us gdp 1970 2008 personal consumption as of us gdp 1970 2008 fertility rates by continent 1950 2010 manufacturing as of gdp us and world 1970 2007 music links imslp petrucci music library pitch frequencies physics of music musical chairs about me purple interested in the intersections of various fields of study degrees in music after many thousands of gigs have retired from the world of the wage labor musician extensive living experience in working class communities in south east asia live off the land and consult on matters of personal expertise enjoy tinkering with ideas and the like view my complete profile sunday january 29 2012 the emerging market paradigm you know the one in which the motivated and uncomplaining developing world is contently seeing their living standards rise while the fat and lazy working class of the developed world jealously guards their privileges workers at the regency ceramics factory in the india raided the home of their boss and beat him senseless with led pipes after a wage dispute turned ugly the workers were enraged enough to kill president k c chandrashekhar after their union leader m murali mohan was killed by baton wielding riot police on thursday the labor violence occurred in yanam a small city in andra pradesh state on india s east coast 1 the next thomas friedman column about india 1 india factory workers revolt kill company president forbes posted by purple at 12 25 am no comments saturday january 28 2012 5 year baltic dry index showing a deeply depressed global economy source 1 bloomberg posted by purple at 6 33 pm no comments corporate profit rate growth has peaked from goldman sachs via zero hedge as a marxist i pay attention to this stuff as do capitalists extract away the gibberish about our economic system and it comes down to profits throw in all the extant debt or fictitious capital and most likely we are heading into another recession link posted by purple at 3 23 pm 1 comment charter schools and extended school days the current idea in the charter school movement is to extend school days thus making the students study longer and taking them away from their bad environments you know friends and family kipp a major charter school company writes kipp teachers are expected to help all students succeed and they typically work a nine hour work day during the week half days on selected saturdays and three weeks in the summer 1 these increased hours are not accompanied by increased pay which generally matches the prevailing salary of the area i e is competitive as one will read in kipp job adverts so why would one work many more hours for less pay while teachers generally are idealists one can be an idealist in any academic setting the bottom line is this model can only function in a highly depressed economy where there is a large pool of college graduates with high debt and few job prospects 1 kipp faq posted by purple at 6 45 am no comments wednesday january 25 2012 the special forces the private army of the president the special forces are being celebrated today as assassins of kidnappers all guilty without trial but the celebration is being thrust upon us with a political motive after all who could argue against saving a beautiful american woman in distress just ignore what the special forces is more and more each day a secret private army of the president answerable only to him posted by purple at 4 29 pm no comments saturday january 21 2012 all costs are labor costs this is what minimizing the labor theory of value will do a complete ignorance of what constitutes a labor cost regarding the iphone then a bid for the work arrived from a chinese factory when an apple team visited the chinese plant s owners were already constructing a new wing this is in case you give us the contract the manager said according to a former apple executive the chinese government had agreed to underwrite costs for numerous industries and those subsidies had trickled down to the glass cutting factory it had a warehouse filled with glass samples available to apple free of charge the owners made engineers available at almost no cost they had built on site dormitories so employees would be available 24 hours a day the facility has 230 000 employees many working six days a week often spending up to 12 hours a day at the plant over a quarter of foxconn s work force lives in company barracks and many workers earn less than 17 a day when one apple executive arrived during a shift change his car was stuck in a river of employees streaming past the scale is unimaginable he said it is hard to estimate how much more it would cost to build iphones in the united states however various academics and manufacturing analysts estimate that because labor is such a small part of technology manufacturing paying american wages would add up to 65 to each iphone s expense since apple s profits are often hundreds of dollars per phone building domestically in theory would still give the company a healthy reward 1 i get that direct wage costs are often a small part of a company s budget but providing engineers at almost no cost is also a cost one born by the state in this case engineers have to be educated fed and housed whether the prc or apple is paying for it every inventory transportation etc cost in a company s budget can be reduced to a labor cost if one looks far enough back in the chain of origination i don t understand the point of this article it talks about state subsidies and 72 hour work weeks yet states labor costs are not the issue maybe at it s core is an emoting on the desire to kick working class americans around though it s not their fault the myopic u s ruling class decided to dismantle is manufacturing base which albeit is being resurrected through insourcing as the u s becomes the cheap labor destination of the oecd but in capitalism no wage is ever low enough and there is always someone poorer than you somewhere who can be exploited 1 how u s lost out on iphone work nyt posted by purple at 12 40 pm no comments friday january 20 2012 the virgin mary the dogma of the free market is our modern equivalent to the immaculate conception posted by purple at 4 52 pm no comments china yoy on sales growth year on year retails sale in china rose 18 1 in december 13 8 when adjusted for inflation good god talk about an economy that is surging and comparatively little of this is done on credit 1 china consumers spend even as growth eases marketwatch posted by purple at 12 20 am no comments monday january 16 2012 brief thoughts on the civil war the emotional aspect of leftist political critique is not in total a positive thing and it has a tendency to bleed into some backward political positions such as an ambiguity over the civil war see howard zinn because we on the left tend to root for the underdog this too often translates into a weird support or waffling in condemnation of the south this support is usually camouflaged as saying that the war was unnecessary and that the slaves could have be freed through some repurchase mechanism except of course this was tried numerous times and was always rejected therefore under this left critique the civil war was just a battle between ruling class factions with the north representing the rapacious northeast financial elite the realty is the south needed slavery they wanted to expand it and they were imperialist force with eyes to the caribbean and it is my opinion that the much reviled sherman should be celebrated for what ultimately needed to happen was for the southern aristocracy to have their back broken instead they were coddled and blacks were dealt with another 100 years of state sponsored terror as the northern armies evaporated and this reactionary force in american life has never gone away the split between right to work and closed shop states is but one manifestation up to the present time posted by purple at 11 41 pm 1 comment a useless appendage two generations of stagnant wage growth and nearly every tenured american economist thinks the models and intellectual paradigms are basically fine and if challenged they generally will get huffy and talk about how capitalism has led to spectacular growth somewhere else in the world posted by purple at 11 19 pm no comments tuesday january 10 2012 stunning within a few years china s ppp gdp the best measure of the total value of goods and services produced by a country s economy will surpass the u s this isn t even in doubt yet it is something historic and not fully grasped by all political layers in the west while china s nominal or exchange rate gdp remains much lower it seems to be a truism that nominal gdp is a lagging indicator of economic power looking at the countries who move up quickly in ppp gdp rankings and it is a who s who of bric ish types china is no longer if it ever was a country based on prison factory labor as chris hedges insinuated in his recent book tv interview it is no longer a country based upon labor intensive cheap manufacturing if anything the collapse of unions and a 10 year recession have reduced the u s to the cheap labor country of the oecd posted by purple at 2 52 am no comments monday january 9 2012 not elite ruling class i think folks on the left need to avoid the term elite when they mean ruling class elite is too fuzzy and is used by politicians of all stripes to portray a nefarious but perhaps cloaked other ruling class is far more precise accurate and makes one s politics clear posted by purple at 12 06 am no comments thursday january 5 2012 americans love the notion of innocence not kids because cops wouldn t have the uninhibited discretion to kill 8th graders with air guns in a society that truly cared about kids they instead would have a reasonably trained and skilled police force that could the tell the difference between a real gun and a fake our cops shoot first and ask questions or cover up later we can contrast the cold blooded nature of the national response to the brownsville murder with the outrage in regards to the penn state accusations anything to do with sex and the pillage of innocence deservedly turns up the american outrage meter while anything to do with unwarranted violence is ignored especially when the violence is meted out from positions of authority within our police state structure posted by purple at 5 25 am no comments tuesday january 3 2012 ron paul fraud ii i can t fathom how someone who has gone through pregnancy could tolerate a politician like paul these fanatical pro fetus politicians leave no room for the gray area that exists within the possible medical difficulties that can occur during pregnancy just because it was smooth for you doesn t mean it is for everyone else after all some 20 of pregnancies result in miscarriage taking the pro fetus position of ron paul at face value this means there should be investigations of all these incidents to disprove negligence of course the pro fetus position is one of emotion and an avoidance of the impossible logic making up its backbone it is also antithetical to a message of liberty which is no surprise since the slogan as spouted by paul is fraudulent at its core this is no great revelation but his continued strength amongst the young and disaffected is a symptom of our discredited political system posted by purple at 6 14 pm 2 comments monday january 2 2012 ron paul fraud he believes in liberty unless among other things you are pregnant and for whatever reason want to have an abortion posted by purple at 11 53 pm no comments sunday january 1 2012 polling on iran to those who still believe there is a nascent revolutionary spirit in the american people please look at the polling on iran nbc wall street journal if iran continues with its nuclear research and is close to developing a nuclear weapon do you believe that the united states should or should not initiate military action to destroy iran s ability to make nuclear weapons 12 2011 yes 54 no 38 i get that this is a loaded question but after iraq how can yes even be a consideration and americans who would protest a strike on iran could easily be lumped into washington s providing support for a terrorist entity category and hauled off for indefinite detention the u s is an incredibly mean spirited self absorbed country and things aren t getting better 1 poll pdf page 26 posted by purple at 7 13 pm no comments newer posts older posts home subscribe to posts atom cops 1979 volcker imposes discipline the standard of living of the average american has to decline but the wealthy of course will maintain or improve their standard some getting to be much older posts music and class race to the bottom imperialism and the piano privatizing our language if china bordered the united states they don t want an educated population does the consumption rate matter rfid implants for every american worker the other trade deficit with china and its resolution silver and opium the end of the post world war 2 order the new reserve army of the unemployed the u s congratulates itself on diversity as inequality hits record heights can atheists get their own bls category our patriotic dna database too much capacity too little demand divide et impera the limits of identity politics the end of the population boom avoiding math and science a hypothesis capitalism and regionalism liberty equity franternity the americans are lazy meme interviews and other links the stench of us economic decay grows stronger p c roberts zhao dongmin a chinese activist who will never win the nobel esteban morales corruption the true counter revolution reform the international monetary system people s bank of china u s constitution storm clouds over globalization historical spheres of influence maps america s head servant hong ho fung over production is the heart of the crisis robert brenner the shadow cia china and the crisis of over production walden bello fall of the roman republic bbc synopsis bretton woods bbc synopsis various quotes keynes income inequality marx venice holland britian u s to marx equilbrium in capitalism marx how pacific trade will eclipse atlantic leisure time versus laziness thomas friedman aesop betrand russell will rogers montek ahluwalia chuck prince andrew mellon cecil rhodes blended purple archive january 1 november 2 october 6 september 20 august 5 june 17 may 22 april 27 march 6 february 16 january 16 december 14 november 13 october ...