Skip to main content

More Dreary Economic News

Things are bad ... and getting worse, and worse, and worse.

Economic news today tells us that there are layoffs across the spectrum of types of businesses. Jobs are evaporating. Times are bad. We are speeding headlong into a depression. Headline in the New York Times, today: "Layoffs spread to more sectors of the economy" -- with a link to a related article first printed/posted ten days ago, "Your money: Preparing your budget for disaster." An AP report, today, tells us Consumer Confidence is down to its lowest levels in the history of that measurement, which began monthly polling in 1967.

The "Layoffs ..." article tells us Home Depot, Caterpillar and Sprint Nextel have announced major layoffs. Caterpillar is cutting its payroll by 16%. Texas Instruments is cutting 12% of its workforce. Microsoft has "announced its first significant job cuts ever." And there is more, and more, and more news like that as everything swiftly spirals in an escalating speed toward disaster.

Rather ironically, bad times with more people in need means that there will be less government money for the poor.

As hopeful as many of us are that having put fresh, vital blood into the White House things can be turned around, our national government may simply not have enough it can do to stop the meltdown.

Be prepared to greet many, many confused and disoriented people, refugees from the middle class, into Homeless World Sacramento.

Comments

Popular posts from this blog

The Mission Five Years Ago, And Today

I have spent the night the past two weeks plus at the Union Gospel Mission and am having an excellent time of it -- not only regards to sleeping in the dorm that the mission has, but also listening to the sermons that are delivered in the early evening. The Christmas music that is performed is also splendid. [And the food -- the FOOD -- has been fantastic during my stay so far! A happier Tom there couldn't be.] I chatted with a pal last night about The Mish – about how things were about five years ago when we both used the mission’s services frequently, and how thing are, today.
Five years ago, there were a lot scuffles between the guys when the front gate was opened in the early afternoon and in the area near the contact window there were some brawls as guys fought over where guys were in line to get a bed in the dorm.
Nowadays, however, the mission is very much a peaceful place both on the grounds of the facility and and out on the street.
I do not know what transformative eve…

Homeless Sacramentans lose case that would have given them the right to set up outdoor camping

8/11/13 I certainly give attorneys Mark Merin and Cat Williams credit for pursuing a case against the city of Sacramento to give homeless Sacramentans the right to set up tents and a campsite. I wanted them to win their case, but they didn't. They lost it.

BUT, it is also necessary to look at the particulars of the case that Merin and Williams brought and see that the situation underlying the court case was not very compelling.

During the period eight years ago when 22 homeless campers set up their tents and brought in supplies to Mark Merin's vacant lot at C Street, near 12th, there was loud noise and plenty of other mayhem. Drug dealers were on the street encouraging buys from the campers. The Hernandez couple that lived in a house nearby were constantly being taunted by the campers, disrupting their lives.

Per always with Safe Ground camps, calm was deserted for the sake of boisterousness.

Leader John Kraintz and the other Safe Grounders would claim to have signed strict a…

After a Three-Month Hiatus, a Fall from a Ladder & a Broken Wrist, Evangelist Jimmy Roughton Returns to Union Gospel Mission to Preach

After being away from Union Gospel Mission for a quarter of a year, Jimmy Roughton returned to preach at UGM on the cold night of December 13 -- despite suffering [a little? a lot? dunno.] from a fall from a ladder that likely immediately preceded a significant injury (a wrist that was broken).


It was good to see his group from Capital Free Will Baptist Church up on the pulpit, with Roughton rough-and-ready to seduce and inspire the happily-captivate crowd at UGM.


Roughton told us in his opening words that he was now in his 27th year coming to the mission.

I recall the first preaching I had heard from Roughton on June 13, 2009. At that time and up to the current time, Roughton is the only preacher I had ever heard evoke Pascal's Wager -- which is something he would do, occasionally thereafter at the mission. He would evoke Pascal's wager, yet again, last night [12/13/17].


Pascal's wager

Last night, Jimmy evoked Pascal's Wager. He did so near the end of his talk, citing …