Wealth, Jobs, the Fishing Industry, and Obama

american thinker ^ | 7/2/10 | Mike Johnson

[Nachum]

The New England fishing industry is in serious trouble. Fishermen are leaving, giving up on their jobs. Fishing boats have become a glut on the market. The only aspect of the industry that is flourishing is the government bureaucracy. The free-market system no longer applies in the age of Obama.

When free enterprise did apply, entry into fishing as your own boss required a boat -- a significant investment, considering the technology to make the boat safe, legal, and competitive. In economic terms, the boat owner made an investment of capital or, if you will, of wealth. The new captain would then hire a crew. The invested wealth had created employment opportunities -- jobs. Then it was off to sea, with the attendant dangers, discomforts, and heavy labor involved in catching the fish. The catch, the tangible result of the sweat of their labor, represented new wealth that could drive economic growth.

[Nachum]

The list, ping

[Mere Survival]

Important article. I bet this is just one of many industries that have had a defacto takeover by a communist government. Horrible. We are sitting on our asses while the communists are taking over or destroying peoples’ businesses because we don’t have enough of the country with us to rise up.

[Nachum]

And it is part of the Friday news "dump" by this administration.

A quick study of the stories demonstrate the kind of people who are running the show in the White House.

----

Feds taking the Independence day weekend off in oil fight

Obama Administration Squanders $100 Million Paying Electric Bills of Dead People

Obama: Government Will Spend $795 Million To Create 5,000 Rural Jobs

The director of the White House Fellows program, Cindy S. Moelis, previously served as director of a group that granted Weather Underground terrorist organization founder William Ayers its "public trust" award

Elena Kagan encouraged Harvard students to get involved in homosexual activist legal work. At a time when she as Dean pushed students to engage in “public interest law” and to get “clinical” legal experience, the Harvard Law School established the LGBT Law Clinic. Kagan recruited former ACLU lawyer (and former ACT-UP activist) William Rubenstein to teach "queer" legal theory. Few Americans can comprehend the radical nature of “queer” academics.

..........and more.

But since I have been documenting these SCUM for the last 75 plus weeks, nothing surprises me about them any more.

[Oldexpat]

Plus the licenses for the larger boats will be awarded according to “crony rules”.
They will leave out the real little fishermen and allow for only the corporations with lobbyists and payoff artists.
All the while there will be more jobs for loyal govt employees.

[Candor7]

Equal Oppportunity fishing, investing ,banking, auto manufacturing, all require that the present functioning capitalist system be destroyed and replaced with government appointed cronie, under the guise of historic justice, the calling card of every fascist government in history, and now includes our own fascist government of the former United States of America. We ARE NO LONGER UNITED!

Welcome to the 4th Reich!!! Heil Obama! Welcome to the dictatorship of the Socialist States of America!

[blueplum]

New regulations were imposed on 1 May 2010: miniscule allocations, big-brother reporting, electronic tracking, government observers on nearly every other trip.... The fishing industry is now being managed and controlled, to the point of restructuring, by the federal government.

One cannot help but wonder if the above is the reason for the dithering in the Gulf?

[Oshkalaboomboom]

I thought the Moonies controlled the New England fishing industry. Did they get taken out? It’s been a while since I was in NE

[muawiyah]

You can't pump your bilge in the Continental Waters of the United States ~ which extend out 200 miles!

No way these small fishing boats can stay on the schools in the best waters ~ without much larger toilet facilities.