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Stories behind News in Global Economic Arena - Part of Tapsearch Com and Tapart News Network sites

 
Explore the untold stories behind the news in the lost worlds of Globalist Free Traders. It is really all about you in the global economic arena. By Ray Tapajna - Editor and Artist at Tapart News and Art that Talks - global issues. " Information Digest " sites at http://multiurl.com/la/ray-tapajna-tapsearcher from the real world of the streets of USA

Time lines and segmented news

February 4th 2011 21:43
Bizarre Politics Reports: The major news channels isolates the news in timelines primarily based on elections and political term periods rather than covering story on the essential causes and effects especially behind the economic crisis.
The major news channels isolate their news coverage based on time lines subject to elections and terms of office. They never seem to connect the dots even when they reported certain stories in the past. They file the story in some archive but never seem to bring it out when it applys to a new story.

The economic crisis is not new. We go back to our article that was published on the Federal Trade Commission site in our response to their Made in the USA questions. See....

If this is a good economy, I would hate to see a bad one The time line is 1993 and later we repeated it on our webpage below and only had to make one adjustment in 2006. All still applys today give or take a few percentage points.

Comment 293 - Ray Tapajna
KEEP THE MADE IN THE USA LABEL AS IS. . . . IF THIS IS A GOOD ECONOMY, I WOULD HATE TO SEE A BAD ONE! UNEMPLOYMENT STATS. ...
If this is a good economy......from Federal Trade Commission webpage. -

---> Ray Tapajna : Federal Trade Com. Comments updated re.(Made in ...
IF THIS IS A GOOD ECONOMY, I WOULD HATE TO SEE A BAD ONE- { Updated 2006 } From Made in the USA commentaries by Ray Tapajna on the Federal Trade Commission ...
If this is a good economy .... updated

More than ten years ago, major newspapers reported the record breaking bankruptcies , home foreclosures, hungry etc. with all the patterns the same today. However, the news channels do not connect the dots and report as if all these things just happened recently.

If comes down to this, free trade is the main cause behind our economic crisis. There is no way of getting around it no matter how many money changers are bailed out by governments.

Here is one of our published letters from 1998.


THE HARD FACTS ABOUT "EASY " BANKRUPTIES
________________Ray Tapajna, Cleveland Plain Dealer 9/98 with update July 2007 - not much has changed except new laws that harass those with financial difficulties and the lies continue in the Bush years.

In the Plain Dealer editorial (Aug 29) regarding the surge of bankruptcies, it is not difficult to understand why so many are going bankrupt. In recent years, there has been a massive dislocation of workers. When they are terminated, they think they will find another job of equal value easily in this "good economy". They use their credit cards and credit lines as temporary loans to get them through the period of adjustment. However as time goes by, they are surprised that they can not find a job of equal value, and that $7 an hour never will pay the same bills as $15 to $20 an hour. Their temporary loans become moe permanent, with little hope of paying them off. ( Once the interest rates go over 18%, it is the end of the game with the rates climbing as hight as 34% ). Since late 1997, more than 200,000 have lost their jobs at more than 20 major corporations. ( in just one year )- In recent years, more than a million workers have lost their jobs in the computer field and more than 100 companies have closed down completely.
What workers have to understand now is this. When they lose their jobs, they have to take those "Mickey Mouse" jobs sooner instead of later in our "Disneyland" economy and not worry so much about saving their homes - ( they must learn to downgrade better ). Many use their credit cards to start a business of their own. Again, these people should have live in rental homes and taken the "Mickey Mouse" jobs rather than trying to make it on their own. This way our "good economy" can avoid all these bankruptcies.

Added note - article from Plain Dealer, Jan 31 1999 - BUSINESS OWNERS MAX OUT CREDIT CARDS. In findings that many financial experts call alarming, shows 47 percent of small and medium-sized businesses are maxing out their credit cards to keep afloat.) ( Personal bankrupticies have broken records almost every year since then. Many over age 45, have filed for bankruptcy during the years 1992 to 2002 with later figures still not available. Congress, with many members having double dipper incomes, changed the bankruptcy laws to stop the number of people filing. However, the rules are so difficult that many just give up and do nothing. - the void between the upper and lower class grows. People like Cavuto on Fox News keep singing the old refrain - "Happy Days are here again" while a Silent Depression is adrift in our land. Hurricane Katrina exposed a vast underclass adrift in New Orleans. It is obvious the same could be applied across the whole country. Congress blamed consumer spending for the credit card bankruptcy mess - with many forced to use credit cards to buy their next meal. )

And note what happen in years prior to 2007 .....

If You Lose Your Job, All You Have To Do Is Get Another One In Our "Wonderful" Economy

News and Society • Published: May 28, 2007

With our low unemployment rate, if you lose your job, all you have to do is get another one. Ann Landers made this statement in one of her columns and she later reported a massive retaliation of readers after she made this statement. She had one of the largest mail responses ever from the angry unemployed who were looking for jobs for months and even years without success. Apparently our low unemployment rate methods of reporting does not match up with the streets. People like Ann Landers found out about it the hard way. See whole story at
Really Long Link

After the first surge of bankruptcy, our U.S. Senate and House of Representative passed harsh bankruptcy laws where even those who were in business for many years and went bankrupt had to take a short course about bankruptcy. During the current economic crisis, many of the credit card companies and banks that were in danger of collapse, were bailed out by President Obama. Many were charging their clients up to 27 percent interest with some even charging more. They get bailed out but those noted above - where 47 percent of all small business owners who maxed out their credit cards trying to survive in a free trade environment had to take a course just to declare bankrupt. Worst yet, the government and our politcal leaders ignored their losses back then just like they do now.

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