Feb. 16, 2015: Dr. Jim Willie / Mushrooming of Chaos, EU in crisis, US I…:
The “Catastrophic Shutdown Of America’s Supply Chain” Begins: Stunning Photos Of West Coast Port Congestion..OVER OBAMACARE
OBAMACARE TAX THREATENS TO CLOSE WEST COAST PORTS
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 US 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.”
The labor dispute at the Port of Oakland and all other West Coast ports is escalating and it’s starting to cut into the bone for farmers and other exporters, who are losing business to foreign producers.
The cranes in the Port of Oakland remain idle and dozens of ships are anchored in the San Francisco Bay unable to deliver or pick up goods. The Pacific Maritime Association suspended West Coast operations Wednesday in the middle of a labor dispute with the longshoremen. They say the union is intentionally slowing down operations with fewer crane operators. The union disagrees.
I wouldn’t be surprised if they did flip like Jeff Mackey did….
These douchebags have been selling Keynesian philosophy for decades which with the medias help has been the final coffin nail in what Americas prosperity was…
These losers will soon realize they are no longer needed and have become the very sheep they were feeding when the collapse hits.