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Title: Economic crisis hits US ports

Added: Dec 12, 2008

Author: AlJazeeraEnglish

Duration: 2:40

Description:
As the world financial crisis is lowering consumers' ability to buy, less goods are shipped, which means less work for dockworkers. Mike Kirsch visits one of the largest commercial sea ports in the US where the economic slowdown is clearly visible.

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Channel: News

Tags: jazeera  long  beach  mike  kirsch  california  financial  crisis  auto  car  industry 



jazeera  long  beach  mike  kirsch  california  financial  crisis  auto  car  industry 

Youtube Comments: 54

JiseruSama Says:

Dec 26, 2008 - ¬_¬ the banks made the fraud... not the people, they are not to blame, cause they were victims in all of this situation...you need to...or... forget about it... If you really think the "unqualified" citizens are to blame, you are probably incapable of any kind of understanding of actual economy, justice, or ethics... etc

JiseruSama Says:

Dec 26, 2008 - ¬_¬ the banks made the fraud... not the people, they are not to blame, cause they were victims in all of this situation...you need to...forget about it... If you really think the "unqualified" citizens are to blame, you are probably incapable of any kind of understanding of actual economy,justice, or ethics...

damboraa Says:

Dec 28, 2008 - we have to reason like the Jews the world has to know that hamas is only firing rockets at Israel to stop them from expanding and building illegal settlements shame on you Israel and USA shame on you Arab leaders and shame on Us for allowing our leaders to continue in such way

schizophrenic123 Says:

Jan 7, 2009 - You see, America has this thing called a printing press, and as long as idiots abroad keep accepting dollars there is no real problem.

iamgabrielf Says:

Feb 13, 2009 - You are being paid with printed money. Bush printed 2 trillions dollars las November. He guaranteed 9 trillion dollars in bad loan. Obama just committed us to printing 3.4 trillion more. We Print 50 billion dollars a month just to pay the interest on our debt. That means your paycheck is about to be as valuable as your gratitude. ja ja ja ja.

iamgabrielf Says:

Feb 13, 2009 - My comment was directed to pman9. P.S. I love your line, "... your time is up. And by the way! I work for an american compnay."You actually think that the collapse of the American economy will increase our demand for El Salvadorean labor. Hmm. Let me play this out, "Good evening my dear investors. Our economy is collapsing. Americans can no longer afford to buy anything, but no matter what happens, we have to make sure we keep those El Salvadoreans employed."

pman9 Says:

Feb 13, 2009 - I really dont care if all the american investors leave. I Have 2 jobs and my second job is a Canadian company and guess what smart ass i make more with them... I am just sucking the juice out of what's left jajajaja... Besides My inside corporate sales team is owened by a company that's been around for more than 100 years, i dont think it's going anywhere that quick.. But anyway's its seems that sure didn't agree 2 comments sweet JA.JA. It's "Salvadoreans" Not El Salvadoreans!

lordtomtom Says:

Feb 17, 2009 - Like it or not if the American economy goes downthe crapper so does the rest of the world.

johan404 Says:

Feb 28, 2009 - True. China has no market to export to.

orgthingy Says:

Mar 7, 2009 - They (the capitalists) claim that their continued existence flourishes based on free competition and the free market. Yet let one ofthem get into trouble and immediately they run to the taxpayers for a bailout. In reality, this free market is only really free of any sort of regularity, of any sort of rationality, of anything that takes into account the needs of society.

leklek69 Says:

Mar 8, 2009 - but it's a blessing in disguise for america. it will translate to very large savings in terms of inter border security expenses because illegal mexicans will no longer cross the border. and colombia will crash too because there will be no buyers of cocaine because majority of drug addicts are americans

tonapah141 Says:

Mar 17, 2009 - ,___,[O.o]/)__)-"--"-"Fallen, fallen is Babylon the great."For all the nations have drunk the wine of her licentious passion. The kings of the earth had intercourse with her, and the merchants of the earth grew rich from her drive for luxury." Then I heard another voice from heaven say: "Depart from her, my people, so as not to take part in her sins and receive a share in her plagues, for her sins are piled up to the sky, and God remembers her crimes

1stPlaceDirector Says:

Mar 23, 2009 - This news story is actually a form of good news for the rest of the US. The rest of the American workers find it a positive thing that less items are being imported from China and abroad. Sorry, that some people will lose their fat-cat union jobs at the docks. They've had their chance at the good life despite their high school educations and limited skill set to earn the big bucks, just like the auto workers. Let the generation rise up who have the skills and desire to create the new economy.

1stPlaceDirector Says:

Mar 23, 2009 - It is true that not all of the markets are truly free. I think things should be allowed to fail and let them rebuild naturally based upon their true value to society. Yes the USA was built on immigrant labor, but it was always controlled immigration, not hordes of immigrants taking over our political systems like is happening in California. The rest of the nation generally knows what happens in California happens to the rest of the country 5 to 10 years later and its not a pretty picture.

1stPlaceDirector Says:

Mar 23, 2009 - I would be nice if the poor economy actually depresses the drug trade, but my fear is that the depression will result in greater drug use. It may drive down the prices as the economy plummets, but there is still plenty of profit there to keep business brisk, unfortunately. Did you know that during Prohibition, alcohol usage is reported to have increased at least 150%. Also wine making also became illegal and people started selling 'wine bricks' that were a loophole in the law allowing home mfg.

1stPlaceDirector Says:

Mar 23, 2009 - This is why I think gold is a good investment. When the USA prints money, it is like a tax on everyone because every dollar they already hold becomes worth less as the overall money supply increases (inflation).

MetalBassjunkie420 Says:

May 17, 2009 - Legalize Cannabis. It's 10000X less harmful than nicotine, alcohol, and most of the over the counter drugs.. Marijuana is a good cure for insomnia, anxiety, paranoia, depression, stress, anorexia, or natural loss of appetite.. Great natural muscle relaxer. Plus, legalizing would improve the market by starting businesses that sell plants and seeds, then more jobs would be available. I could smoke 3 blunts of it and not overdose like the crap capsuals and pills, that are 'painkillers'.

deadman12078 Says:

Jul 5, 2009 - From $1,500 to 350 a week and they can barely survive? $350 a week is a good paying job around here.

sfmain Says:

Jul 9, 2009 - SILVER the por mans gold

sfmain Says:

Jul 9, 2009 - hey now they just start legalizing it watch all this its bad blah blah............. its gonna be can we make a dime on it

RULI1974 Says:

Jul 30, 2009 - fuck california let it choke

macdogq Says:

Aug 18, 2009 - Let us insourse illigal aliens, and replace american people. Aliens are cheaper than american people, Aliens bring prosperity, and American people are too spoiled, and paid too much. No wonder america is in debt. So bring in more cheap labor.

jobedied Says:

Sep 15, 2009 - Yes, Americans are lazy environmentalist fools that do not understand all commerce depends on paving the whole country over. We need a billion people by 2020 not 2090. To get the cash flowing to the corporations so some can trickle down to the working class. When our masters do well we get a sniff. Learn America sustainability and self sufficiency are words of treason motivated by communists. Buy from business do not feel you have the ability to do it on your own.

macdogq Says:

Dec 13, 2009 - I hope your right, because I am absolutley sick of these law breakers. Liberals use them to wage war against american people.

danielcooper1000 Says:

Dec 19, 2010 - We can never find justice at the hands of corrupt judges. (See YouTube videos) Judge to Judge on Illegal Payments to Judges / Evil Triangle of Court Corruption / Richard Fine / Dr Shirley Moore /SBX 211. The fight to end this title wave of corruption in our country must start with the corrupt judges. We can not bring evidence of corruption to corrupt judges. Los Angeles Superior Court judges are illegally and unconstitutionally taking 50,000.00 each for a total of 23 million per year.

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