Another Reality Show

Anyone want to feel Sorry for the lawyers? They seem to be going through their own form of Downsizing. It appears People are not accepting the Billing hours for those individuals hired to make other Peoples’ lives miserable. I once thought to become a lawyer, until I learned what the Job description entailed. Even my Cousin, with the most questionable Morals in the family, gave up his Position with a prestigious law firm to become a Lobbyist. Any individuals who spend 2000 hrs of research simply to harass another Individual for an hour under Court testimony could possibly be applauded, but not at $200 per billable hour. At least that is the decision of the modern Corporation, afflicted as they are with lamentable Profits ratios. The concentrated Corporate law firm may be facing Extinction–it seems that People like the Clintons and Obamas cannot longer afford to lose an Election.

Another source of further Downsizing will come in the Import/Export business, where both are suffering from basic systemic downturns. Foreigners will not buy American Goods, unless they are selling a wide range of Goods to the United States; the solid Dollar actually having little input in the Trends, it not being of such an impact to cause dislocation in and of itself. It may also indicate a new direction of economic Investment, as new enterprise opts to utilize American Job Skills under a regime where both Exports and Imports become more expensive, and foreign Wage levels rise to conform to American levels. A national Health Care system might be all it would take to develop a domestic Manufacturing boom.
l
I have been put way behind schedule this morning, by people who think I should be doing other than what I am doing; I enduring numerous delays getting to this Point, the worst being a medical appointment rescheduling–I should bill by the Hour for the malfeasance of Others. The Big Three Bailout reminds of such debacles, where neither Management, Labor, or Stockholders are willing to take the Hit; so the common theme is for the Taxpayers to endure the loss. One should read this article with the retentive Thought that this comes only with increased Taxation or greater National Debt. An idea to be held is that the vast stock of Vehicles which are 85% of the Assets of the Big Three is only worth about half of what is claimed, and decreasing about $2000 per vehicle per year. Americans do not have that much invested in the Big Three–either in Present or Future Needs–and Chapter 11 is the best Option for All. lgl