Thursday, February 12, 2015

Big Labor Creating A Catastrophic & Complete Shutdown Of America’s Supply Chain

by JASmius



Y'know how for the past several years I've been talking about how Barack Obama needs a Final Crisis to exploit in order to clinch his "fundamental transformation" mission, bring about the collapse of the United States, make possible the final overthrow of the U.S. Constitution, and enable him to establish his dictatorship and presidency-for-life?  A bookend to the first such crisis (the Panic of 2008, or as I refer to it, the Democrat Financial Logic Bomb) that put him in power to begin with?

Tell me if this doesn't look like a potential means to that Final Crisis.  And the irony is that the same Big Labor that The One is shivving with his amnesty obsession is the tentacle of the Left that may carry him all the way to despotic paydirt:

One week ago, when previewing what may be the first lockout of the West Coast Ports since 2002, we cited the Retail Industry Leaders Association who, realizing that failure to reach an agreement between the dockworker union and their bosses, the Pacific Maritime Association representing port management, would lead to devastating consequences for the U.S. retail industry, had several very damning soundbites:

“A work slowdown during contract negotiations over the past seven months has already created logistic nightmares for American exporters, manufacturers and retailers dependent on an efficient supply chain. A complete shutdown would be catastrophic, with hundreds of thousands of jobs at risk if America’s supply chain grinds to a halt.“

“A west coast port shutdown would be an economic disaster.”

“A shutdown would not only impact the hundreds of thousands of jobs working directly in America’s transportation supply chain, but the reality is the entire economy would be impacted as exports sit on docks and imports sit in the harbor waiting for manufacturers to build products and retailers to stock shelves.”

And the punchline: “The slowdown is already making life difficult, but a shutdown could derail the economy completely.” [emphases added]

Note they didn't say "derail the (fictional) economic recovery"; but "derail the economy (PERIOD) completely."  Over-dramatic?  Well, a modern economy is utterly and completely interdependent.  If retailers can't buy their inventory, that means wholesalers can't sell theirs, which means they can't pay manufacturers, which reduces their production demand, which means layoffs from one end of the process to the other in the event of an indefinite shutdown of West Coast ports.  At the other end of the supply chain, that means consumers find bare shelves for all retail items, or at least those that are imported, and exploding price levels for those items for which a retail supply still exists.

Looking at it in the macro (i.e. big picture) sense, it looks an awful lot like economic destabilization, doesn't it?  And since, in reality, the "Great Recession" never ended, but has simply been camouflaged behind all of the Fed's "Easy Money"-fueled financial bubbles the past five-plus years, the U.S. economy has arguably never been more vulnerable to just such an act of economic sabotage.

Now it should be understood that Barack Obama, as POTUS, does have the power to halt that act of economic sabotage by invoking the Taft-Hartley Act, as President George W. Bush did thirteen years ago.  But does anybody believe that his imperial majesty has any inclination or intention of doing that?  With the opportunity to knock an estimated 3.5% off existing meager U.S. GDP at stake?  Please.  I think he'd much rather bring about his final coup de tat economically, the same way as the first, rather than by the nastiness of a race war or a devastating terrorist attack that would give him the excuse to declare martial law.  After all, after a century of creeping "progressivism," the American people have been conditioned to cry out to the government for salvation in times of economic distress because they don't know the first thing about economics.  Racist insurrections and jihadist strikes are a lot easier for John Q. Public to understand.

As to the immediate Final Crisis pretext, tell me if this doesn't get your populist blood boiling:

Just so readers have a sense of what is at stake, this is what the average dockworker makes: $147,000 a year in salary, plus $35,000 a year in employer-paid health care and an annual pension of $80,000 (according to an association press release). It is the overtime compensation to the total shown here, which grosses to over a quarter of a million dollars, that dockworkers are negotiating to raise or else the key U.S. supply-chains gets it. [emphasis added]

At the zenith of my earning power eighteen months ago, with the equivalent of a masters degree on my resume plus twenty-six years of professional experience, I was earning less than half as much in salary and less than a quarter of the benefit load.  And you know what?  I was only slightly underpaid for the region in which I was working, the size of my employer, and my job description.  Which ought to tell you the extent to which West Coast ports are getting absolutely ripped off by Big Labor already.  And that still isn't enough for dockworkers.  And if they don't get everything they want, they'll devastate what remains of the U.S. economy.

"Fork it all over, or the Golden Goose (in a coma on a hospital bed attached to an iron lung) gets it."

In watching from the next room through a one-way mirror?  Barack Hussein Obama, nodding, with a smirk on his face.

You could almost call him the Ultimate Beneficiary.

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