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On Unemployment (via The essence of mathematics is its freedom)

On Unemployment (via The essence of mathematics is its freedom)

In this articles, a British student thinks about the job market and the unemployed. This guy thinks his own way based on the data before him. In my opinion as an instructor, he may not make a lot of money, but he will spend his life in the world of ideas with a mind never subject to boredom because of inaction. He will live a life rich in thought and deed.

Maybe, just maybe, he hears the music of the spheres.

James Pilant

Firstly it isn’t always obvious whether or not technology is a good thing. Tale of two countries the divide between Silicon Valley and the rest of America I came across the above article from Hackers News,and it got me thinking about disruptive technology and its effects on workers. Recently in a conversation with a close friend, he was annoyed at me when I pointed out I could using Maths probably get a job easily once I graduate. With the blend … Read More

via The essence of mathematics is its freedom

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Alabama Announces Foreclosure Prevention Program for Unemployed (via Loaning4Less.com™)

This is an interesting idea. Partly paid for the federal government, the program tries to prevent families from being hit by two financial disasters at the same time, unemployment and the loss of a home. I am curious about one thing. If the feds have allocated 2 billion dollars to such programs and Alabama is going to use 162 million, who is using the rest of the money and for what? Is there some innovative program to save the unemployed’s homes that I am unaware of? If you know something about this, please let me know.

James Pilant

Alabama Announces Foreclosure Prevention Program for Unemployed Alabama Governor Robert Bentley recently announced the creation of Hardest Hit Alabama (HHA), a new program that will provide $162 million for foreclosure prevention efforts in the state. In August 2010, the U.S. Department of Treasury announced $2 billion in federal funding to provide additional assistance targeted at unemployed homeowners in states with the highest jobless rates. The Alabama Housing Finance Authority (AHFA) has been allocated $ … Read More

via Loaning4Less.com™

Wall Street Overpays!

“Stop me before I overpay again,”might be scratched on the wall of Goldman Sachs’, if the firm had any insight or shame. But they don’t. Reuters News Agency reports that Goldman Sachs, J.P. Morgan and Citibank are among the firms who will be cited by the Obama administration pay czar Kenneth Feinberg for having made “ill-advised” payments. (For ill-advised read unearned) The payments in the 17 institutions cited total over one billion dollars. This was in 2008 when the firms were awash with taxpayer money from the bailout.

You see it doesn’t matter what scrutiny they are under, whether or not the public is angry, whether an action is right or wrong as long as the money flows. Money, Money, Money, the arbiter of all decision making on Wall Street, the great green god that supplants the real God and any of sense of responsibility. They know that the only important thing in the world is money. It buys happiness, sex, influence and immunity from the duties that the rest of us take for granted as part of our lives. They live in separate communities with separate education systems and when our children serve in the military, become teachers, policeman or firemen, they snicker at our stupidity.

Or they decide we are unworthy, take a look at this excerpt from Ben Stein’s article in the American Spectator:

The people who have been laid off and cannot find work are generally people with poor work habits and poor personalities. I say “generally” because there are exceptions. But in general, as I survey the ranks of those who are unemployed, I see people who have overbearing and unpleasant personalities and/or who do not know how to do a day’s work.

That’s right, the millions of unemployed their lives in tatters because of casino capitalism, aren’t there because of a savage recession (depression). No, they’re just lazy.

By the way, the article just oozes with Ben Stein’s concern for his poor friends who made bad investments. I can’t help but be curious where he would meet the unemployed. Maybe he’s just confused. Maybe he’s really thinking about his upper crust friends who don’t know how to do an honest day’s work or exercise a workable personality.

I shouldn’t be so angry. Right? Why should the fact that there is one job for every five applicants bother me? Why should an economic elite that moves every job humanly possible to some distant shore where they can ignore those annoying work place laws like child labor, wage and hour, and most annoyingly of all, worker safety, bother me? Why should I be upset? After all, there are a lot of workers, a lot of surplus population that needs culling.

I want justice. I want hard working American to reap the benefits of their hard work, their devotion to this country and their willingness to go the extra mile to do what’s right.

James Pilant

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