Been Spending Most Their Lives, Living In The Workers' Paradox

Tyler Durden's picture




 

In the 'I need to read that again to make sure I am not totally nuts' headline of the day, Reuters is reporting that 100 Sardinian miners have gone totally M.A.D. over the potential closure of the mine they work at. Barricading themselves 400 meters underground with 350 kilograms of explosives and threatening to "stay [there] indefinitely."

From Reuters:

The miners from a 460-strong workforce seized 350 kilos of company explosives and locked themselves inside the Carbosulcis mine west of Cagliari overnight on Monday, one of them said, ahead of a government meeting this week to discuss the pit's future.

 

"We are worried that the mine may close. We are afraid for our jobs," said Sandro Mereu, 54, a miner who has worked there for 28 years.

 

"We are prepared to stay here until we hear a response from the government that secures the future of the mine. We will stay here indefinitely," Mereu told Reuters by telephone.

 

The miners want the mine to be diversified into a combined mining and carbon capture site to protect its future. Carbon capture is the storing of polluting emissions underground to mitigate global warming.

 

Carbosulcis was estimated to have 600 million metric tons of coal reserves in 2006 but has struggled to stay productive. It was previously occupied in 1984, 1993 and 1995, when protesting workers stayed in a tunnel for 100 days.

While one certainly sympathizes with anyone who is unable to adapt to the New Abnormal Normal, one question does remain - is the 'blowing up the mine to protect their jobs' concept a Keynesian 'broken-window-fallacy' joke? or do they (like their forefathers who also occupied the mine in 1984, 1993, and 1995) hope the Italian politicians will simply back-down, collateralize the explosives with the ECB, and bail the whole mine out.

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Mon, 08/27/2012 - 10:25 | 2740786 Deo vindice
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Send the NYC cops over to 'rescue' them. That would bring it to a dramatic conclusion.

Mon, 08/27/2012 - 10:29 | 2740799 francis_sawyer
francis_sawyer's picture

Tyler, this thread (based on title)... Needs a soundtrack... Here's the best MOCK-UP

~~~

http://www.youtube.com/watch?v=IgdQSKahtQw

Mon, 08/27/2012 - 10:55 | 2740871 CrockettAlmanac.com
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This ditty can be easily adapted to the thread title:

 

http://www.youtube.com/watch?v=RW1V5cds5WU

Mon, 08/27/2012 - 10:59 | 2740883 francis_sawyer
francis_sawyer's picture

Crockett ~ you don't get it... NOBODY here 'get's it' (cept prolly Tyler)...

~~~

"Been Spending Most Their Lives, Living In The Workers' Paradox" .... is a play on words for:

"Been spending most my life livin' in a gangsters paradise" ~ (a rap song by Coolio)... Which was also remixed into the you tube link I gave...

Whatever... nevermind peeps... carry on...

Mon, 08/27/2012 - 11:04 | 2740895 flacon
flacon's picture

I liked the part where they talk about Gorebal Warming and the Government having to pay for it. That was my fav part. 

Mon, 08/27/2012 - 13:18 | 2741234 CrazyCooter
CrazyCooter's picture

Someone needs to link to a YouTube of Hank William's "Mine your own business" ... LOL!

I would also note all the CO2 from the "carbon economy" is slated for tertiary recovery in older oil fields ... so the miners are shit out of luck. Maybe they should come work for Pebble up here when it opens ...

Sometimes I wonder what the world is really going to look like when energy constraints start to squeeze billions of people ... we are all so very fucked ...

Regards,

CrazyCooter

Mon, 08/27/2012 - 13:27 | 2741266 Skateboarder
Skateboarder's picture

I feely punny today. This looks like a grave situation.

Mon, 08/27/2012 - 20:11 | 2742315 StychoKiller
StychoKiller's picture

Is a plot a 6-foot hole or a plan?

Mon, 08/27/2012 - 16:06 | 2741798 Uncle Remus
Uncle Remus's picture

I read that as Goebbels Warning.

Mon, 08/27/2012 - 12:18 | 2741062 savoiea
savoiea's picture

I thought it was Stevie Wonder's "Pastime Paradise":

They've been spending most their lives
Living in a pastime paradise
They've been wasting most their lives
Glorifying days long gone behind

Mon, 08/27/2012 - 10:25 | 2740787 Cranios
Cranios's picture

Galt's were gold mines.

Mon, 08/27/2012 - 10:25 | 2740788 Mr Lennon Hendrix
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The City Council of Portland, Oregon, the last metro city in the country not to fluoridate the water supply, is moving to vote on water fluoridation.  The vote is 3 - 2 in favor because our idiot mayor decided to jump on the bandwagon.  I would really appreciate anyone who could spare a minute to write the Mayor and tell him how stupid this decision would be.

Here is an article with contact info for the city council and Mayor.  Thank you for your help.

http://www.naturalnews.com/036965_Portland_water_fluoridation_toxic_chemicals.html

Mon, 08/27/2012 - 10:41 | 2740835 Dr. Engali
Dr. Engali's picture

I would write but water fluoridation has rendered me a passive non thinking easy to control zombie. Probably the type of citizen your mayor is looking for.

Mon, 08/27/2012 - 10:50 | 2740861 francis_sawyer
francis_sawyer's picture

huh?... what did you sez there?... I was tweeting sumthin & didn't really catch it...

Mon, 08/27/2012 - 13:32 | 2741281 Skateboarder
Skateboarder's picture

Take meds, sleep, eat HFCS, buy stuff - the tune of a fruitful life.

Mon, 08/27/2012 - 10:55 | 2740870 SoNH80
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"By God, they are sapping our energy by poisoning our precious bodily fluids!"

- Gen. Jack D. Ripper

I spent my childhood in a town with flouridated water, my sister drank well water.  My teeth are nice and strong, she's had 2 root canals thus far.  Just my 2 cents, there's plenty to worry about, flouridation is not one of those things.

Mon, 08/27/2012 - 11:58 | 2741020 Vince Clortho
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Nothing like a well documented scientifici study.  This should settle the issue once and for all.

Mon, 08/27/2012 - 10:27 | 2740796 taniquetil
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No idea. But Fracisco d'Anconia told me those mines are worth lots and lots, so I'm sure a bailout is incoming.

Mon, 08/27/2012 - 10:12 | 2740754 fonzannoon
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The new normal

Mon, 08/27/2012 - 11:31 | 2740949 Urban Roman
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<-- bail out the mine

<-- bail out the banks

Mon, 08/27/2012 - 13:05 | 2741211 mick_richfield
mick_richfield's picture

<-- vote Red and bail out the banks

<-- vote Blue and bail out the banks

Mon, 08/27/2012 - 10:12 | 2740755 max2205
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Sardine workers....ummm

Mon, 08/27/2012 - 10:13 | 2740756 hedgeless_horseman
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Sardinian miners?  I thought sardines came from the sea.

Mon, 08/27/2012 - 10:16 | 2740767 tmosley
tmosley's picture

In Italy, sardinians pack themselves into cans.

Mon, 08/27/2012 - 10:14 | 2740757 GeorgeHayduke
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These miners are confused. They are supposed to throw the mine owners and their families, along with a few politicians down the mine first, then load it with explosives, then start the negotiations. But hey, incoherent stupidity has become the norm these days.

Mon, 08/27/2012 - 11:50 | 2740997 Overfed
Overfed's picture

Maybe their water is flouridated?

Mon, 08/27/2012 - 12:01 | 2741022 Reptil
Reptil's picture

Exactly. The ones closing the mine, don't mind those workers there. As long as they don't haul up any coal. That would be the best strategy.

edit: I see Peter Pan came up with that idea as well.

Mon, 08/27/2012 - 13:08 | 2741213 mick_richfield
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MINER: ( pointing gun at own head )     Un passo e il minatore si ottiene!

( One step and the miner gets it! )

Un passo e il minatore si ottiene.
Mon, 08/27/2012 - 10:13 | 2740758 Shizzmoney
Shizzmoney's picture
China: Broken Dreams Despite the country's rapid economic growth, many young Chinese are growing disillusioned as they struggle to find jobs.

Many young Chinese are losing faith in China's economic miracle.

Although the nation's economy has expanded to more than $7 trillion and is poised to overtake the US in the next decade as the world's largest, fewer Chinese feel they are sharing in the prosperity.

A sense of disillusionment is spreading, particularly among the post-1980 generation, who are well-educated and mobile but still struggle to find profitable jobs.

Signs that the economy is slowing only add to the malaise. The Chinese government predicts the economy will grow by 7.5 per cent in 2012, down from 9.2 per cent last year, which would be the slowest growth rate since 1990. Economists say this could mean the loss of two million jobs.

At the same time a record number of new graduates are looking for work. Some 25 million Chinese will be on the job hunt this year. Even those who find work are frequently disappointed. 

Surveys show that young Chinese office workers in big cities are widely unhappy. Most complain of a feeling of insecurity.

After two decades of economic reform, per capita GDP has risen 13-fold, and average salaries in major cities are on par with those in many developed countries. The post-80s generation, the first to come of age in this era of opportunity, has been raised on a belief that if one can do well in school, graduate from a good university and work hard on his or her career, one can enjoy a measure of success.

 

In a recent trend, some young graduates are deciding to flee the big cities and instead seek opportunity in smaller cities and towns. But there, too, they are frustrated, as they discover that good diplomas - and even ability - do not open doors. Local networks and family background do.

Leading Chinese sociologist Guo Yuhua calls this phenomenon of young Chinese "escaping and returning" an example of widespread disappointment that is spreading across China. She says people are bitter when they see their social status languishing in contrast to the "rise of a great and powerful nation".

"People are discovering that society's resources and opportunities are increasingly concentrated in the hands of a few. People in the middle and lower strata of society are becoming increasingly marginalised and are finding that improving their lives is getting harder," she says.

Mon, 08/27/2012 - 10:18 | 2740773 GeorgeHayduke
GeorgeHayduke's picture

"many young Chinese are growing disillusioned as they struggle to find jobs. "

So does this mean that the whole job and security it's supposed to provide is just an illusion anyway?

Face it, this whole paradigm is done. Everywhere. Hell, even most posters here don't get it yet.

Mon, 08/27/2012 - 10:31 | 2740809 Arnold Ziffel
Arnold Ziffel's picture
Home Sellers Get Realistic in Australia; Mining Companies Going Bust in Record Numbers; Australia Headed for Disaster Zone

Real estate agents in Australia who assured everyone for years there was no housing bubble and home prices would only ever go up because there was a "shortage of houses" are now telling everyone who is stuck in a house they cannot afford that they have prices too high.

 

http://globaleconomicanalysis.blogspot.com/2012/08/home-sellers-get-real...

 

As China continues to slow, Australia will continue to correct with collpase of their Housing Bubble and mine slowdowns.

Mon, 08/27/2012 - 20:15 | 2742324 StychoKiller
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[quote] The post-80s generation, the first to come of age in this era of opportunity, has been raised on a belief that if one can do well in school, graduate from a good university and work hard on his or her career, one can enjoy a measure of success. [/quote]

Hmm, seems I've heard that story before...

Mon, 08/27/2012 - 10:14 | 2740762 Dr. Engali
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It seems to me that there is a more appropriate use of those explosives and it doesn't involve using it on themselves.

Mon, 08/27/2012 - 10:16 | 2740769 fonzannoon
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Metals are fighting the good fight. The "smart" money is keeping treasuries somewhat bid but if it was that smart I would think yields would be dropping more. It would be really interesting to see metals and yields climb for a change.

I know I know....never happen

Mon, 08/27/2012 - 10:32 | 2740816 Dr. Engali
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I'm quite happy with metals and their slow creep up. It is good if they stay out of the headlines and out of the weak hands of the speculators.

Mon, 08/27/2012 - 11:53 | 2741003 TheGardener
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With seven generations being sold forward into debt slavery,
this is far worse than the Mayan virgin thing . Back to the
jungle, let nature take care of the temples.

Mon, 08/27/2012 - 10:15 | 2740764 crito
crito's picture

this shit makes me wanna sing the famous Risk Astley song...

Mon, 08/27/2012 - 15:14 | 2741602 Fractal Parasite
Fractal Parasite's picture

"Never Gonna Give You Up",
"Together Forever"

https://en.wikipedia.org/wiki/Rick_Astley_discography#Singles

Mon, 08/27/2012 - 10:19 | 2740774 LongSoupLine
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the old: "this is a stick up, give me your money or I'll shoot you!"

the new: "this is a stick up, give me your money or I'll shoot myself!"

Mon, 08/27/2012 - 10:51 | 2740863 BliptoP3
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It worked in Blazing Saddles.

Mon, 08/27/2012 - 20:17 | 2742328 StychoKiller
StychoKiller's picture

"Prepare to die, Earth scum!  I'm gonna make sure they write that on yer tombstone!"

Mon, 08/27/2012 - 10:19 | 2740776 sandeepyadav
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sandyyadav.com/2012/08/27/ .. It seems like world is becoming more and more unstable. 

Mon, 08/27/2012 - 10:20 | 2740778 ArrestBobRubin
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Here's hoping that it's Goldman Sachs and JPM senior staff that employ the same tactic in a few months. Wouldn't that be fitting?

Mon, 08/27/2012 - 10:22 | 2740785 LongSoupLine
LongSoupLine's picture

That's exactly what they've been doing for years, hence TBTF.

Mon, 08/27/2012 - 10:31 | 2740806 Mr Lennon Hendrix
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....livin' in 'a gangsta's paradise!

Mon, 08/27/2012 - 11:27 | 2740939 machineh
machineh's picture

'Bail out Goldman Sachs, or we'll jump off this ledge!'

Mon, 08/27/2012 - 10:21 | 2740781 Mr Lennon Hendrix
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Shoot the hostage!

Mon, 08/27/2012 - 10:22 | 2740783 Peter Pan
Peter Pan's picture

The solution is easy. Offer the workers to take on the mine at their own expense and under their own control and management. If they can make a go of it and keep their jobs and make a profit then good luck to them. If not, then let them lose their own money.

Mon, 08/27/2012 - 10:25 | 2740789 legal eagle
legal eagle's picture

That, my friend, is called free market capitalism (albeit with a bit of extortion on the front end), that economic theory has long been washed away.

Mon, 08/27/2012 - 12:10 | 2740968 Oldrepublic
Oldrepublic's picture

Lots of workers did that in Argentina after the 2001 crash.

https://en.wikipedia.org/wiki/Workers%27_self-management

called worker self management, examples include the Paris Commune, the Russian revolution, the Spanish Revolution,Titoist Yugoslavia,Algeria under Ben Bella, the fabricas recuperadas movement in Argentina, etc. Orwell was very impressed with the one during the Spanish Civil War, see his work, Homage to Catalonia

 

attempted in Chicago area in 2008 during strike at Republic Windows and Doors factory

 

https://en.wikipedia.org/wiki/Republic_Windows_and_Doors

 

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