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The World's News - The hard facts about the the global economic arena
Free Trade is not trade. It is primarily about moving production from place to place anywhere in the world for the sake of cheaper labor. The value of workers and labor has been degraded and deflated. This represents trillions of dollars lost in the process
The hard facts about personal bankruptcy has not change
President Obama followed President Bush who followed President Clinton with all three acting as one in the global economic arena.
President Obama acts as clean up man in the bail outs of big money and big business while ignoring the severe losses of the common workers.
Not much has changed since 1998. Here is a published letter from that year which can be changed to 2012 because the same free trade economic model still remains.
The hard facts about 'easy' bankruptcies - in a "Disneyland" economy
( This was in response to an editorial in the Cleveland Plain Dealer regarding the surge of bankruptcies. )
... It is not difficult to understand why so many are going bankrupt. In recent years , there has been a massive dislocation of workers - the largest in history .
When they are terminated, they think they will find another job of equal value easily in this "good'" economy. They use their credit cards and credit lines as temporary loans to get them through the period of adjustment. However, as time goes by, they are surprised they cannot find a job of equal value, and that $7 an hour never will pay the same bills as $15 to $20 an hour. Their temporary loans become more permanent, with little hope of paying them off.
Since late 1997, more than 200,000 have lost their jobs at more than 20 major corporations. In recent years, more than a million workers have lost their jobs in the computer field, and more than 100 companies have closed down.
What worker have to understand now is that when they lose their jobs, they have to take those "Mickey Mouse" sooner instead of later in our "Disneyland" economy and not worry so much about saving their homes.
Many also use their credit cards and credit lines to start a business of their own, and failures increased by 16 percent, totaling close to 85,000 businesses failing, Again these people should have live in rental homes and taken the "Micky Mouse" jobs rather than trying to make it on their own. This way our "good" - or as it is described in 2012 - "recovering economy" cam avoid all these bankruptcies.
Ray Tapajna
The following is from an newspaper article dated Jan 31, 1999
Business owners max out credit cards
47 percent of small and medium-sized businesses are maxing out their credit cards to keep afloat.
Much of the same remains today. However the news outlets and our political leaders leave out the history behind our problems and act as if the bad things happened just in the last six or seven years. The big hits came early and not much is left to take any more hits as our economy based on making money on money instead of making things is burning out. President Obama's trillion dollars bail out will fill the void for a time but we all should know the clock is ticking and the next big economic bubble is coming again.
The only answer is to re-shore our production sector and local value added economies. Free trade is the major cause of our economic crisis. The Trade Deficit is something real and not just an economic statistic. It represents the loss of trillions of dollars for all of our society.
The hard facts about personal bankruptcy has not change
President Obama followed President Bush who followed President Clinton with all three acting as one in the global economic arena.
President Obama acts as clean up man in the bail outs of big money and big business while ignoring the severe losses of the common workers.
Not much has changed since 1998. Here is a published letter from that year which can be changed to 2012 because the same free trade economic model still remains.
The hard facts about 'easy' bankruptcies - in a "Disneyland" economy
( This was in response to an editorial in the Cleveland Plain Dealer regarding the surge of bankruptcies. )
... It is not difficult to understand why so many are going bankrupt. In recent years , there has been a massive dislocation of workers - the largest in history .
When they are terminated, they think they will find another job of equal value easily in this "good'" economy. They use their credit cards and credit lines as temporary loans to get them through the period of adjustment. However, as time goes by, they are surprised they cannot find a job of equal value, and that $7 an hour never will pay the same bills as $15 to $20 an hour. Their temporary loans become more permanent, with little hope of paying them off.
Since late 1997, more than 200,000 have lost their jobs at more than 20 major corporations. In recent years, more than a million workers have lost their jobs in the computer field, and more than 100 companies have closed down.
What worker have to understand now is that when they lose their jobs, they have to take those "Mickey Mouse" sooner instead of later in our "Disneyland" economy and not worry so much about saving their homes.
Many also use their credit cards and credit lines to start a business of their own, and failures increased by 16 percent, totaling close to 85,000 businesses failing, Again these people should have live in rental homes and taken the "Micky Mouse" jobs rather than trying to make it on their own. This way our "good" - or as it is described in 2012 - "recovering economy" cam avoid all these bankruptcies.
Ray Tapajna
The following is from an newspaper article dated Jan 31, 1999
Business owners max out credit cards
47 percent of small and medium-sized businesses are maxing out their credit cards to keep afloat.
Much of the same remains today. However the news outlets and our political leaders leave out the history behind our problems and act as if the bad things happened just in the last six or seven years. The big hits came early and not much is left to take any more hits as our economy based on making money on money instead of making things is burning out. President Obama's trillion dollars bail out will fill the void for a time but we all should know the clock is ticking and the next big economic bubble is coming again.
The only answer is to re-shore our production sector and local value added economies. Free trade is the major cause of our economic crisis. The Trade Deficit is something real and not just an economic statistic. It represents the loss of trillions of dollars for all of our society.
Ray Tapajna Pages and Tapsearch Com Network - real time message box
About one half of us in the United States are poor in our "take away" economy
... as President Obama bails our big money and puts them back in charge of our failed economic systems
A recent report from the United States Census Bureau data says that more than 146 million people , or 48 percent of the U.S. population are poor.
Congressman Dennis Kucinich declared this a state of emergency and we all have an obligation to getting the American economy back on solid ground. He says the happening is worst than some of our worst natural disasters. I note many times too, how a natural disaster exposed the degree of poverty in our country that goes unreported. Hurricane Katrina in New Orleans exposed a vast underclass living in a silent depression. It also reflected what is happening across America in many of our major cities.
Today, 1.6 million American children - one in 45- are homeless. Other Americans continue to hunt down jobs that no longer exist. This too is an unreported stat that is hid from all reporting. The term underemployment has lost its meaning with many taking part time jobs in fast food restaurants that once were considered to be only entry level jobs. The unemployment reports also do not sort out the data of how many people are willing to work but are note or the number of people who have two to three part time jobs at the same time. Is the unemployment rate counting people or jobs? And the most glaring statistic never questioned in the change of those who are receiving unemployment insurance, is the stat that seems to contradict everything. Reportedly, only about 38 percent of all American workers qualify for unemployment insurance. When the reports come out about the change in those receiving unemployment insurance , no one in the news media puts in disclaimer or classifies the more than 60 percent of all American that are missing in action not having unemployment insurance. Where are they? What exactly is happening to them?
Congressman Kucinich tells us that nearly 1 in 2 Americans is now considered low-income or have fallen under the poverty line demonstrates the extent of our economic crisis. For the poorest Americans, things have only gotten worse. Since the 1980s, the percentage of families who applied for and actually received public assistance has been cut in half. And yet today, the top 1% of Americans own 34.6% of all privately-held wealth in this country. The top ten most well-paid C.E.O.s in America earned a combined $770 million in 2010, while the average American workers’ wage rose just two percent. The news channels also do not ever add to their news accounting of labor news how many Americans working at places like Walmart , McDonalds etc, need government assistance to survive. No news channels input this into their economic reports about the "take away" ratio or how many new jobs end up being a minus factor in reporting economic news.
In passing temporary discounts for payroll taxes should tell all that something is intrinsically wrong with this particular tax method. It shows that payroll taxes are also "take away" factors in competing in a global economy with the payroll taxes now representing a flat tax on the working poor. It can easily be described as a tariff on work.
Even Congressman Kucinich who challenged free trade for many years, seems to back off this major cause of our economic mess. He and others keep talking about emergency needs to create jobs but do not directly challenge what went wrong. Free trade came and stole our jobs away and deflated the value of labor and workers in the process.
Donald Trump simply says, just put a 25 percent tax on all imported goods from China and our problems will be over. The 25 percent could also represent the amount of value our economy lost in the global "take away" economy. It is probably much higher than that but this is a good starting point. The U.S. lost trillions of dollars in value in the economy due to the exporting of jobs outside of the U.S. while taking away the same amount of taxes when the economy had all that extra value.
On top of this, Trade Deficit is given as just some sort of economic factor that hangs out somewhere in space with no one telling us how great a "take away" value this is.
There are no endings in the Middle East... just beginnings
In the Middle East there are no endings. There are just beginnings and every action by outsiders prompts a reaction and even multiplies them. History demonstrates the use of force in the Middle East, usually multiplies the use of force on both sides and not less. The invaders usually leave after making things worst and not better. The West has mocked history and sadly and eye for an eye reaction will follow with worst things and not better things happening. History has confirmed this for centuries.
President Obama tells us the Iraq war is over and welcomes the troops home. He does not say anything about the 17,000 contractors still there. Some may be there to grow the economy but a great number are there to protect U.S. interests by military means. The war is not over. It just will not
be reported in the news.
It was a preemptive war started by President Bush about Weapons of Mass Destruction that did not exist. President Clinton bombed Iraq consistently while he was in office and there were many reports about thousands of innocent Iraqi people being killed by the bombing and the sanctions . During this time in the 1990s, I never saw even one Iraqi bomber fly over the U.S.A.
Not one Iraqi took part in the direct attack on the Trade Towers on 9/11/2001. Although, several from other Arab nations came from the group, President Clinton invited to help fight the war in Bosnia. Most of all them originally came from Saudi Arabia but no one even thought about invading that country. It just wasn't the thing to do because oil money is oil money and that takes precedence over things like ferreting out who did what to who.
Exit from Iraq ?...Assessing impact of U.S.- launched war
As we prepare holiday festivities, we may listen to news of the Iraq War's end. Editorials and speeches laud American sacrifices and claim we've given Iraqis an opportunity for democracy. But what might ordinary Iraqis think about such self-congratulation?
Recall that after Desert Storm in 1991, we imposed 12 years of crushing sanctions and regular bombings of essential infrastructure. It's credibly estimated that our sanctions effectively killed more than 500,000 Iraqi children.
Then our 2003 invasion, war and occupation unleashed violence that killed hundreds of thousands, perhaps even a million Iraqis, with many more maimed and traumatized.
America's war left a ruined country that had been one of the most advanced in the Middle East in terms of health, education and the status of women. Now, half the doctors in pre-war Iraq are either dead or have emigrated; hospitals are in dire need. Millions of Iraqis are displaced, half a million in deplorable settlements. There is not enough clean water, sanitation and electricity. More than half of all Iraqis now live in slum conditions. And Prime Minister Nouri al-Maliki may turn out to be as repressive as Saddam Hussein.
What in fact did we accomplish? Was it worth this scale of suffering? Can we, Americans, even admit to having done great harm?
Published in the Cleveland Plain Dealer today by
Nina McLellen from Shaker Heights, Ohio USA
In the comic strip Doonesbury today, we also learn about the persecution of Christians in Iraq. Since 2003, from about 600,000 to a million Christians
have been driven from their homes. A majority left Iraq. The invasion of Iraq set in motion one of the worst Christian diasporas (migration - scattering ) in history.
Was it worth it? Even some U.S. Generals will say no.
The Iraqi war is not over until it is over- It may prove to be a 100 years war or even more than that.
Ray Tapajna Pages - Tapsearch Com Network
Gov. John Kasich of Ohio is passing one of the biggest corporate welfare deals ever.
By Ray Tapajna
Our Governor John Kasich played a big role in the downfall of our economy when he joined hands with Pres. Clinton, Rep Newt Gingrich in the passing of free trade agreements in the 1990s. He made a fortune playing the game afterwards in the investment community. He is a globalist free trader and has betrayed workers for a great part of his life
[ Click here to read more ]
Small deal makes the front page while real issues are ignored.
We have a new kind of "blank journalism" where the news outlets leave out the stories they do not want to tell
[ Click here to read more ]
Sabrina Eaton, Cleveland Plain Dealer reporter, did a recent Politfact on a statement made by U.S. House Representative Betty Sutton. ( Politfact is a service that rates the veracity of statements made by political leaders and other experts.
The Shades of Truth in the Global Economic Arena
[ Click here to read more ]
By Ray Tapajna Just take a couple minutes to help save grants for college students.
U.S. Congress "Super Committee" is evidently seeking to cut student aid which already has suffered many takeaways.
[ Click here to read more ]
Ray Tapajna has several articles with his art about Occupy Wallstreet protests in the USA on iReport CNN ....
If the free trade agreements had to be ratified by a popular vote, how many of them would have passed?
Pearl Harbor Attack on workers continue...
[ Click here to read more ]
Ray Tapajna pages More about Free Trade Trap
Millions of workers have lost their jobs due to free trade. Free trade is the major cause of our economic crisis. Globalist money investors use it as a tool to capture markets and isolate competition - and it is not a free market policy.
[ Click here to read more ]
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173 Posts dating from February 2007
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