Economic Collapse One Day in California Jack D Deal Videos

[bboucharde]

1. My family moved to California in 1962, and it was a prosperous, confident, & viable society. What happened?

2. Ten years ago, we moved out to the Heartland. Life here is not perfect, but the economy is solid, and many manufacturers are relocating here.

3. Sacramento wants to raise taxes, but revenue is already more than adequate. SPENDING is the problem, and drastic cuts in local and state spending are the only cure. Start by courteously escorting all illegals to the Mexican border.

[jackddeal]

thanx for the notes...California grew up and no longer was the frontier with opportunity. No place is perfect and all places have their plusses and minuses. The demand for services outstripped the tier-ed and redundant government consortium's ability to deliver. Costs keep escalating as well...a problem that will grow in the coming short term.

As far as mass deportation of illegals go...better to wait until after strawberry season in Watsonville and Salinas...ha...

[freshlivn]

I like how you did your vid, I can't get that paper where i'm from. Its hard to tell between main stream media and doom and gloom reports on the net. I like that the main stream media is getting more depressing now, it helps put people back in check and fuck those 2 million dollar houses, they should never have been built.

[jackddeal]

thanks for the comment...the Mercury News like many is very slanted but can't avoid the reality...for many folks their houses were/are their bank and now they too are faced with a new reality...but then again, aren't we all?

[Rizky06]

When the Banker bailout was passed even when the Congressional switchboards were overloaded and almost completely voting 'No Bailout' I knew America was changed!...I remember when I use to look for doom and gloom financial info because it was the true reality, now what isn't doom & gloom! Peace J

[jackddeal]

thanks for the comment...here in California almost everything is doom and gloom...not sure where the 'recession is over' folks are getting their info, but the world's fifth largest economy is not all that healthy...

[Rizky06]

I guess you don't believe in Wall Street's (Casino) talking heads expounding on their "Green Shoots" campaign that is supposed to lead to Dow 12,000 soon...

[jackddeal]

Bernake just said the economy will start to grow again this year... Look at it this way, unemployment is still rising, profits are still going down, housing foreclosures are still raging with mortgages harder to get...where's the growth coming from? government spending? wishful thinking? hopes and prayers? high tech is downsizing...if anything, this looks suspiciously like another bubble...hope I'm wrong! I'm either too much doom and gloom or right...ha...thanx for the comment!

[Rizky06]

So you think the Government is skewing/modifying their statistics..Who would have guessed!...Yes, the last Bubble that all of the other bubbles are being diverted to is the Money/Treasury bubble, if that one pops god help us all!

[jackddeal]

was I actually implying that someone was skewing the stats? Just because Cisco, Google and Intel are laying off doesn't mean anything, right? If you talk to any 5 business owners in California you will realize the unemployment rate is way above the official 11%, in many smaller towns like Watsonville it is 25%. And as far as stock market bubbles go, in this kind of economy Las Vegas blackjack has better odds...that is if you happen to gamble on what Bernanke says..ha...thanks for the comment

[Rizky06]

Yes, most trends including economic, seem to begin in California and work their way to the East. One good thing about California is that it is still one of the most innovation enriched areas in the world. Maybe they should look into this YouTube "Air Powered Motorbike" Actually I have been moving steadily towards the Survivability & Sustainability type videos and preparing for the fiat currency collapse....Peace J

[jackddeal]

Here's two California innovation killers: the tax on earnings over $250k will really hurt venture capital start ups and the increased taxes on offshore corporate profits will drive more companies offshore...I believe Intel is already more than 50% offshore...so taxes are essentially a job and innovation killer...and guess what the government did in 1930 after the Wall St. crash? yup...for a good 10 years California's rising tax rates have been driving companies to Nevada and other spots..groan

[Rizky06]

I would hate to be the president from any party now. America has too many bills, Interest & entitlements it has to pay. I think we will either see a system collapse or a return to strong Protectionism. The only thing left is a Revolution, but I think that will only happen if the majority of Americans are kicked out of their comfort zones.

[jackddeal]

The political system has gridlocked and imploded into a circus. It's doubtful protectionism will work though some will try...for many the system has already collapsed. There is a mass exodus underway of those trying to opt out that can, that is, don't have a major stake in holding up the 'system.' The next decade could be very difficult for many...but enough will refuse to budge to prevent a full revolt. The worst is yet to come with hyperinflation which will dull any 'recovery'..groan...

[Rizky06]

Hey..I thought my message was dire enough..Until I read yours..groan

Like I said I've been looking at Survivability & Sustainability type videos lately. I recommend the 12 Part Argentina series....Peace J

[jackddeal]

actually I'm optimistic...this mess will eventually be a 'correction'...and you are right on surviving and sustaining...that's where the mass exodus is going...here in California, the changes are apparently permanent, for instance, many consumers/customers are changing their behaviors and never coming back...just like in Japan...that spells gloom for an economy based 70% on consumption; if they don't come back, it's fundamentally changed forever...thanks for your comments!

[Rizky06]

I have gleened may new ideas from innovative Californians on how to live off the grid and avoid being a debt slave.

Keep up the Great Videos....J

[jackddeal]

absolutely...and it is amazing how many Californians are talking about living off the grid these days...reminds me of the Big Lie concept of the '60s and '70's based on Thoreau's Walden...Walden wasn't from California but his book became the Bible for the Big Lie proponents...thanks for the comments and compliment!

[GammaAlphaPi]

what is the big lie you are referring to? btw, I have enjoyed your videos, even the short little ones are very interesting, thanks!

[jackddeal]

the Big Lie was a conceptual movement of the 1960's and 1970's that led to the formation of many communes and alternative communities...it was based in large part on Thoreau's book Walden and his observations on how materialism and status was killing the local citizens (especially farmers) spirits and mental freedom. My guess is the Big Lie will be rejuvenated as the economic mess worsens...thanks for the comments and compliment! (BTW, I did do a video on the Big Lie...search my channel)

[Boomer1949]

I remember Walden being required reading in one of my college courses. Interesting but totally unworkable concept in real life. In the 60's and 70's it was tried and tried again in Calif, communes in Big Sur and even further north, none worked for long. Living off the grid is a lot of hard work and pursuing your muse doesn't get it done.

[jackddeal]

enjoy your comments...Walden and projects based on Walden have mostly failed not because of the concepts but because of the people...I live part time on a jungle communal farm in Mexico (ejido) and it is largely a failure not by the concepts of agrarian reform and the Mexican Revolution but by the people that manage these "ejidos" ... follow the muse but be very wary...ha....