Title: Jimmy Carter's White House Diary Source:
[None] URL Source:https://www.youtube.com/watch?v=00PUmPvRENc Published:Sep 24, 2010 Author:60 Minutes Post Date:2019-09-29 14:06:33 by BTP Holdings Keywords:None Views:456 Comments:14
Lesley Stahl speaks to the former president about his new book, "White House Diary," in which he admits mistakes and blames Ted Kennedy for delaying comprehensive health care.
One thing is certain, the U.S. suffered from high inflation during that period. And I can recall the rise in gasoline prices and lines at the gas station. ;)
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
One thing is certain, the U.S. suffered from high inflation during that period. And I can recall the rise in gasoline prices and lines at the gas station. ;)
I thought the gas lines were 73-74 when OPEC embargoed. From the Carter years, yes high inflation, though I'm not sure how much was rightly blamed on him. Normally inflation is handled by the fed reserve, not by the president. In fact, it's Congress that controls spending authorization.
I remember interest rates up around 22% for things like mortgages in the early years of Reagan's presidency, because it was on TV news every night.
“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs
16 y.o. kids in my town were having to compete with layed-off auto and steel workers for jobs in early the '80s. As a long-haired snarky cripple I didn't stand a chance at landing one of those cushy corporate jobs like at Wendy's, so I got a job selling overpriced vacuum cleaners door-to-door.
“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs
My father did really, really, really, well with those interest rates, most locked in for ten years and longer.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
so I got a job selling overpriced vacuum cleaners door-to-door.
I remember answering an ad for some kind of job about that time, or maybe in the mid 80's. There was a 3 day seminar, I think, introducing us to the work. The first day taught us that if you weren't born lucky with sports, or entertainment skills, the only other way to get filthy rich was in sales. It wasn't until day 2 when they finally told us what we'd be selling, and it was overpriced VCs door to door. I didn't bother going to day 3.
I lasted about three minutes before asking what we were going to be selling. They caught on that I was a bright kid and spirited me off to lunch, away from the other recruits.
“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs
Direct marketing jobs are by necessity management heavy. Motivation and building a sense of community are essential to sell overpriced gear to people who can barely afford it.
“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs
That could have been, but I can recall in late 70s a rise in gas prices too. It was hard to make it and I was doing newspaper relays with my old Blazer. I asked for a little more pay because of fuel price increases. They gave it to me. ;)
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
I can recall in late 70s a rise in gas prices too. It was hard to make it and I was doing newspaper relays with my old Blazer. I asked for a little more pay because of fuel price increases. They gave it to me. ;)
That could be. I think that may have been when carpooling started to make the scene. My dad carpooled with another guy who lived nearby. Of course that was before outsourcing started and telecommuting was possible.
#12. To: Dakmar, Lod, Pinguinite, BTPHoldings (#5)
The US was over populated by design to allow a large influx of Jews and others after the war. That forced us to buy imported natural resources. That sent oil much higher. Then in the 19603 Jews and Democrats went for unlimited legal and illegal immigration. That meant lower wages so Americans had to compete with foreign labor for the first time in history.
The FED had to create a lot money to paper through the bad times created by over population which led to inflation and high interest rates.
The Wall Street Elite deliberately over populated America. Study the writings of Leon Walras and Wassily Leontieff. The latter won a Nobel Prize in economics for his study of the American economy. He studied the inputs and outputs of American industry. Starting with an extractive industry like mining which outputs coal and iron. These outputs become inputs to the making of steel as an output. This steel in turn becomes an input to the making of cars and washing machines. Leontieff determined that American wages were a third higher than Europe because we had abundant natural resources to which we added value through the employment of skilled labor.
The fly in the ointment for the American economy was that when our population went above 150 million and we had to import natural resources for the first time. In 1950, we were supposed to cut wages to pay for imported natural resources. The people who owned the government decided to print money by the trillions to:
1) pay for foreign wars and the occupation of foreign lands
2) to buy things for free from overseas, such as, oil, cars, electronics, food, toys, clothes and even vacations paying for it all with I Owe You Nothing Federal Reserve Notes.They did this so voters would not know that the Elite had planned to cut the value of their wages, pensions and savings.
3) to hire 31 million federal, state and local government workers to make it appear that Americans had high paying jobs with benefits despite over population.
China is dumping US Treasury bonds all over the world financing ports, railroads, and other projects. One day in the near future people overseas will refuse to sell to us for dollars. They will demand commodities, oil, gold, silver or anything of value. 60% of all US dollars are overseas. Their forced repatriation will double prices over night and permanently cut the value of wages, pensions and savings in half.
3 million Americans starved to death in the 1930s. We have added 205 million people to this nation since then. I think the Elite want us to have a circular firing squad killing each other fighting for food. The Uber Rich would be safely tucked away in underground fortresses or so they hope.
Open Borders and sanctuary cities will get Americans killed by the tens of millions as soon as the Dollar Dies and wages and pensions are cut in half permanently through inflation and over population.
Might I point out that the population of Mexico in 1950 was 28 million. Today there are 34 million Mexican Americans and 132 million people in Mexico. Solving the over population problems of Latin America, Africa, the Mideast and Asia is way beyond our ability.
USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um