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There was a lot of talk today on the CBC and other media about the Canadian Centre for Policy Alternatives issuing a new "living wage" value for Metro Vancouver.

A "living wage" in this context is defined as a minimal amount for two adults working full-time (40 hours a week) both have to earn to support two children above the poverty line. The value released today is $18.71. That's two people earning $18.71/hour and both working full time. This is poverty line, i.e. food, shelter, clothing, and minimal entertainment, not being able to afford to buy a house, not being able to afford to go away for vacations, not being able to save for retirement, etc.

I want to look at this $18.71 value in terms of pre-Generation-X standards, before it was expected and required for both parents to work to simply support a family, back in the days where normal meant one person supporting three others. So for one person to support another adult and two children would really mean double this value. That would mean an individual supporting a spouse and two children at the poverty line would need a full time, 40-hour a week job at $37.42 to "get by."

In the 1950's, 1960's and up to the mid-1970's an adult working at a crappy job like pumping gas, waitressing, janitor, etc. could expect pretty close to that kind of living, say enough to support a family of three. Since two adults earning $18.71 is enough to support two children it follows that one adult making $18.71 is enough to support one person, so we'll assume $9.36 is enough for one person. So for one person to support two others we get $28.07. To have the life one could earn at the $1.35 minimum wage of 1974 one would now have to make $28.07. And in case $28.07 is a bit too abstract, let's translate that to an annual salary: $58,385.60. Now look at it this way—if you are making less than $60,000/year, you are making less than your average Space-Age gas-jockey.

You know why the punks started yelling "no future" in 1977? This is fucking why! Welcome to the future.
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In round numbers, if a Pound Sterling was actually worth a pound of silver at current prices, a penny (meaning a measure of weight equal to 1/240th of a pound) would be worth about one Canadian or American dollar. A loaf of cheap bread therefore costs about 2 pennies weight of silver and a pint of beer, 5 pennies - which is pretty close to what they cost 100 years ago when a pound was worth a pound.
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We all know the Republicans don't care about human lives or the sorts of freedoms one would expect in, oh, say, a republic, and are more concerned with profit, consolidation and abuse of federal powers (a.k.a. turning the republic into an empire), and dog-wagging imperialism... so let's look at where they have failed in these terms:

50% of U.S. food exports go out through New Orleans. There are only five nations on earth that produce a surplus of food: the U.S., Canada, Argentina, Ukraine, and Russia. Not only are the people of Louisiana, Mississippi, and Alabama suffering the direct consequences, but soon people throughout South America, Africa, and Asia will have food shortages.

Between 15 and 20 percent of United States' foreign trade comes in through New Orleans. Most of the nation's steel and rubber comes in through New Orleans. What kind of impact is this going to have on the American auto industry? Most of the nation's coffee comes in through New Orleans - expect your morning cup of coffee to get a lot more expensive.

Understanding their own place and importance to the U.S. economy, the port of New Orleans had been requesting federal funds to upgrade the levees since 2001. Not only did the federal government not allocate the money, they reduced funding to a point that the levees were barely being maintained. Remember that prior to his election Bush had never been to any foreign country other than Mexico and didn't even know the name of the prime minister of Canada.

Between 20 and 30 percent of the United States' oil refining capability was (note the past tense) in the affected area. U.S. refining capacity typically runs at near 100%. Americans can expect gas prices to get a lot higher than $3/gal. And remember that it's not just SUV-driving suburban soccer moms that are affected by this. Ships, trucks, and trains need fuel, too, and with the port of New Orleans out of service, ships have to travel farther to reach alternate ports of adequite capacity like Los Angeles and New York, and subsequently goods have to be shipped farther at higher rates. This makes everything more expensive.

The word isn't in yet on how much lumber production in the south has been impacted, but it has been. Lumber prices are up around 15% and rising. 30% of the lumber normally consumed in the U.S. comes from Canada at a price that is artificially inflated 20% by illegal tarriffs. Add the increaces shipping costs from the more expensive fuel on top of that and understand that the price the average person is going to have to pay to rebuild their home is significantly more than it need be.

The cost of the war was already crippling the U.S. economy and driving up a debt so great that GNP barely covers the interest. He gambled with the most important port in the country by diverting federal funds for the levees to removing the rogue dictator installed by Reagan and Rumsfeld and fighting a war his own father avoided as untenable and fruitless, and lost the bet. There isn't one sector of the American economy that is not going to be affected by this.

The hurricane seasons of the last few years should have been ample warning that stronger storms are becoming more common, but remember that Bush doesn't believe the climate is actually changing (whether or not you think the change is the result of pollution or a natural variation, any idiot can see that change is happening). Shoring up and securing the most important port in the U.S. should have been a fundamental matter of national security - infinitely more imprortant to the American people than bringing "freedom" to a foreign nation - but unfortunately for us all, not glitzy enough to meet the political goals of power-hungry politicians too busy reading from Joseph Goebbels' Big Book of Propoganda How-To's (after replacing "Jew" with "Arab").

And with the American dollar being the reserve currency of choice for most of the world, its inevitable nose-dive is going to ruin the economy of most of the world. Countries like China that don't have U.S. currency reserves will prosper. Europe will proser as countries scramble to shift their reserves from dollars to euros (a trend that was already underway). This administration has taken the United States to the point where this disaster could easily cause the country to fall apart like the Soviet Union in the 1990's.

If this doesn't set off a major economic depression, I'll eat my hat (and if it does, I may have to). The irony is, as with the last depression, it is the "Red States" that will bear the worst of the economic damage.
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The system in place *has* to blow up eventually. I explained this to Trish at one point a while back. At the moment, in most countries, money is "created" by banks issuing credit. It makes no sense. If you look at a reduced model of how the world's economy works it becomes clear:

Imagine 99 people living on an island. They get along by trading value for value, for example the carpenter builds cabinets for the farmer who gives him a chicken in return. This works becomes complicated when the carpenter needs another chicken but the farmer doesn't need new cabinets. The baker, however does need cabinets, and the farmer needs bread. Then along comes the 100th person, the banker. "I'll make you something called 'money' to facilitate these complex trades" he promises. "And I'll only charge a tiny bit of interest, say 5% a year, so that I can get by too." So he prints a hundred dollar bills for everyone and everything works fine until the year is up. "OK, you owe me $105," the banker says. But there is only $100 to be had. The only way the islanders can "pay" is to borrow even more money from the only source, the banker.

That's it in a nutshell. That's what we are doing. The money doesn't mean anything and when the more is needed the banks simply loan more out with nothing to back it up. It just doesn't work.
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I remember reading some time ago (sorry, I don't remember the source) that the average office worker only actually works four hours a day and spends the other half of their time fooling around, looking busy, and generally fucking the dog. Based on my experiences in the pulp mill I used to think that was because office workers were lazy in the same sort of way as blue collar workers. But that isn't that case. It's about motivation. There is just no good reason to run around here and get a million things done. Nothing happens quickly so why act quickly. This is mind numbing in a very real sense of the word. I can see why employees of governments and large companies turn into such plodding idiots... they end up dragged down by the rest. It's the same basic problem that affect Marxism in practice. Sure "From each according to his abilities and to each according to his needs" sounds like a good idea, but where is the incentive to be one of the fountainheads when the schleps take it all away? Sure, you can work out of love for the work, but what if the work is joyless? What if the procedures, the delays, the red tape and nonsense strip all the fun out of it? Then what reason to do anything at all execept stay out of trouble by saying something that takes five minutes will take three hours just so you can avoid jumping through more hoops. I've just discovered today that none of the stuff I have worked on is going to see the light of day until July 20th. That means it's now two weeks until I get any useful monetary reward and two months before anything I've done sees the light of day. How motivating is that? Not very, lemmie tell ya...
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Gee, looks like people who do what I do are having a tough time all over. I ain't surprised! Nonetheless I have another interview at HSBC tomorrow morning. I'll find out later today if it is simply a "meet the staff (so we can tell if they hate you)" second interview or whether they are going to table an offer.

The wireless place isn't going to happen. Turns out they are more confused than the funeral home. I'm still pushing for Telus, but they are moving too slowly and are likely not going to come through in time. No matter, as long as I can get some money in my pocket to get by on I can sort the rest out later.

Interestingly enough, this is my horoscope for tomorrow:
Although you are not getting there in the style you once envisioned, you are moving ever closer to your goal. So rather than cursing the darkness, perhaps you need to keep your eye trained on that single candle you lit a long time ago and realize that the little frustrations that are getting under your skin are really blessings. Just as the man with a sink full of dirty dishes can lament the task before him or take a few moments to be thankful for his food, you can deal with the byproducts of your luck quite easily. So consider all angles.
So, yeah. It ain't perfect, but I'm still facing in the right direction.
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...that I was born with a horseshoe up my ass. Not only did I peg the attire just right (I was dressed similarly, but slightly better than the people who interviewed me) but the interview(s) went swimmingly. Despite the fact that, at this stage in the game, one never gets the job off the first interview, I thought at several moments that I'd walk out with a concrete offer. Probably would have, too, if the guy who makes the final decision hadn't had a 1:30 meeting. So back I go tomorrow, 11am again, and I'm sure I'll walk out with an offer.

It isn't quite as great as I had thought. Turns out the guy who started the company, Mr. Loewen, died a couple years ago (bet you he had a great funeral!) and the last couple of headless years the company has faltered a bit. They are in chapter 11 in the States. I'm told they have an emergence strategy and will be on their feet in a few months, but I want to read the 10K for myself.

Meanwhile I got another nibble for another job in town. It's a wireless place, "new-economy" dot.com type place. Young and hip. Well funded with backing from some big players like Noika and Intel, but yet to turn a profit. I have an interview with them at 3pm tomorrow. I'll grill them about the funding and the stability and see what kind of offer they are going to make.

Once I have all the facts, then I'll have to make a choice: the headless funeral home and cemetery chain (how GAF!) or the dot.bomb... It's a tough call. The funeral home chain is inherently more stable, assuming they have their shit together as I've been told, but they have a lot of corporate inertia so I will get out of date with them if I give them my all. The dot.bomb will probably pay better and have all those perks that are disappearing faster than a puddle of water in Timbuktu and will be using the latest and greatest software, but could go TU at any time if the funding isn't stable.

If the funeral place goes TU then I'm SOL and out of date. If the wireless place goes TU then at least I am current. But the latter is more likely than the former. Part-time at the funeral place would be ideal because I could maintain my client base and stay current on my own.

Blarg. Damn economy. Damn capitalism. If the fortunes of companies weren't at the mercy of several douzen million panicky sheep the economy wouldn't suffer from spastic gains and drops as the barking idiots guide the flock around en masse. Public ownership is bad, as bad or even worse than Socialist-style state ownership. Financing and lending is pure evil (Hell, usury is even a sin). If everything were privately held and people had to pay for things out of their own pockets alone things would be very, very different. Imagine a world with no credit, no debt. For example, do you think car companies would be able to get away with cars that cost an entire year's salary? But I digress. My ranting on a capital-free labour-based economic system isn't about to change anything by tomorrow!

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