Sunday, June 15, 2014

Revealed: The ghost fleet of the recession anchored just east of Singapore

Why are manufacturers returning to the united States? 
By:  V.K. Durham

 I would imagine to keep from being Nationalized in the nations they moved their operations to avoid paying the American Workers sufficient wages to offset the increase of the cost of living here in the U.S.  It was cheaper to go off shore.. not to be subject to OSHA, not pay tax's and ship back into the united States to those former employed individuals these manufacturers left stranded and ignored as they fled to nations which would allow starvation wages to an already impoverished people who were and are also trying to survive. 

  They thought they could escape under CAFTA, NAFTA etc.. only to find these thoughtless moves of not paying tax's.. enjoying Free Trade as the nation began to implode etc., etc., .. We have lost so much and so many American Employers such as AT&T to India and Pakistan, We have lost our long standing Sears, Penny's, Montgomery Ward and little mom and pop stores of the local neighborhoods.. the entire Infra-Structure of Equal Opportunity was lost.. that used to be called THE AMERICAN WAY. 

  After WALLMART founder Sam Walton passed away.. his children hooked up with the Clintons, WALLMART abused manufacturers all over the globe with that "our way or the high way" mental attitude.

  Then fed up.. giving something for nothing.. those nations quit accepting the US CORPORATE FEDERAL RESERVE BANK NOTE.. you know.. that thing that pretends to be a U.S. DOLLAR backed by gold and silver..

  Once the nations discovered they were 'holding a snipe bag with a hole in the bottom'.. they cut that activity off at the pass.. So.. If I had to make an "educated guess".. I'd guess these manufacturers are "getting the hell out of Dodge" and coming back to the US lickety -split..

Chriss Street from the testosteronepit sent a great article on this this morning..
http://www.nesaranetwork.com/2014/06/15/a-breath-of-fresh-air-by-chriss-street-from-the-testosteronepit-writes-strong-job-openings-and-hiring-scare-the-fed/

To confirm the former statements NO ONE WANTS THE US FED. R. NOTE [IOU] is more than evident in this article below.. which I began writing about back in 2006..
Revealed: The ghost fleet of the recession anchored just east of Singapore
The 'ghost fleet' near Singapore

The 'ghost fleet' near Singapore. The world's ship owners and government economists would prefer you not to see this symbol of the depths of the plague still crippling the world's economies
The tropical waters that lap the jungle shores of southern Malaysia could not be described as a paradisical shimmering turquoise. They are more of a dark, soupy green. They also carry a suspicious smell. Not that this is of any concern to the lone Indian face that has just peeped anxiously down at me from the rusting deck of a towering container ship; he is more disturbed by the fact that I may be a pirate, which, right now, on top of everything else, is the last thing he needs.
His appearance, in a peaked cap and uniform, seems rather odd; an o­fficer without a crew. But there is something slightly odder about the vast distance between my jolly boat and his lofty position, which I can't immediately put my finger on.
Then I have it - his 750ft-long merchant vessel is standing absurdly high in the water. The low waves don't even bother the lowest mark on its Plimsoll line. It's the same with all the ships parked here, and there are a lot of them. Close to 500. An armada of freighters with no cargo, no crew, and without a destination between them.
Simon Parry among the ships in southern Malaysia
Simon Parry among the ships in southern Malaysia

My ramshackle wooden fishing boat has floated perilously close to this giant sheet of steel. But the face is clearly more scared of me than I am of him. He shoos me away and scurries back into the vastness of his ship. His footsteps leave an echo behind them.

Navigating a precarious course around the hull of this Panama-registered hulk, I reach its bow and notice something else extraordinary. It is tied side by side to a container ship of almost the same size. The mighty sister ship sits empty, high in the water again, with apparently only the sailor and a few lengths of rope for company.

Nearby, as we meander in searing midday heat and dripping humidity between the hulls of the silent armada, a young European offi­cer peers at us from the bridge of an oil tanker owned by the world's biggest container shipping line, Maersk. We circle and ask to go on board, but are waved away by two Indian crewmen who appear to be the only other people on the ship.

'They are telling us to go away,' the boat driver explains. 'No one is supposed to be here. They are very frightened of pirates.'


Here, on a sleepy stretch of shoreline at the far end of Asia, is surely the biggest and most secretive gathering of ships in maritime history. Their numbers are equivalent to the entire British and American navies combined; their tonnage is far greater. Container ships, bulk carriers, oil tankers - all should be steaming fully laden between China, Britain, Europe and the US, stocking camera shops, PC Worlds and Argos depots ahead of the retail pandemonium of 2009. But their water has been stolen.

They are a powerful and tangible representation of the hurricanes that have been wrought by the global economic crisis; an iron curtain drawn along the coastline of the southern edge of Malaysia's rural Johor state, 50 miles east of Singapore harbour.

Read more: http://www.dailymail.co.uk/home/moslive/article-1212013/Revealed-The-ghost-fleet-recession-anchored-just-east-Singapore.html#ixzz34kJMrwol

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