Tapsearch Com EditorCapital versus human labor
March 5th 2011 20:06
Ray Tapajna Chronicles features a selection of books from Amazon about globalization, free trade and workers dignity at Tapsearch Com Amazon Friends /COLOR]
The manipulations of paper money to create values degrades the value of human labor
Federal Chairman Ben Bernanke goes before Congress financial committees and quotes all kinds of statistical indicators about the economy going up or going down. The statistics supposedly measure how good or bad our economy is doing.
The Chairman did not use statistics when he told it like it really is. In the first President Bush stimulus package debate, he summed up everthing into one statement. He was asked what the best way there was to stimulate the economy. He responded by saying the best way to restore our economy is to buy "domestically produced goods." He did not need to quote any other statistics. He knows that any extra money that flows into the economy, first goes to the retail level and then flows out to the places where the products are made or grown. The money does not stay in our country, to grow our economy.
In all the recent hearings, he says nothing about this and goes back to reciting all the statistical economic indicators that hide the real facts of our economic life.
Presently, our economy is on life support. President Obama came and bailed out the financial community that puts capital before human labor. With free trade, capital is the priority. Workers are the tool in the process. Many money products were supposed to replaced the voids in the devaluation of human labor as production was moved from place to place for the sake of cheaper labor. It did not work and all the bail outs in the world will not succeed until a middle class is restored. The new working poor class can not support the creation of these money products as needed government services are under attack because the working poor can not pay the toll for the money manipulations or the government services.
The Federal Reserve Bank keeps trying to retell the story but it is only a super, master bank of banks that trys to act as a shadow government. President come and go, and all seem to be afraid of counteracting the Federal Reserve. The Federal Reserve is a very fine tuned money machine and currently needs a major tune up. The people are finding out that this money machine is broken and no longer can stand in awe as they listen to all the statistical data that does not compute with what is happening on the streets. When this bail out money runs out, the next economic bubble will come and no one really knows what will happen. The global monopoly game is over and the bail outs so far are proving to be only band-aids on a terminal patient
[COLOR=Purple]As long as capital is ma priority over human labor, all our geopolitical imbalances will grow as our money values shrink. And the next in line to take the hit are the Public Sector Government Workers.
The manipulations of paper money to create values degrades the value of human labor
Federal Chairman Ben Bernanke goes before Congress financial committees and quotes all kinds of statistical indicators about the economy going up or going down. The statistics supposedly measure how good or bad our economy is doing.
The Chairman did not use statistics when he told it like it really is. In the first President Bush stimulus package debate, he summed up everthing into one statement. He was asked what the best way there was to stimulate the economy. He responded by saying the best way to restore our economy is to buy "domestically produced goods." He did not need to quote any other statistics. He knows that any extra money that flows into the economy, first goes to the retail level and then flows out to the places where the products are made or grown. The money does not stay in our country, to grow our economy.
In all the recent hearings, he says nothing about this and goes back to reciting all the statistical economic indicators that hide the real facts of our economic life.
Presently, our economy is on life support. President Obama came and bailed out the financial community that puts capital before human labor. With free trade, capital is the priority. Workers are the tool in the process. Many money products were supposed to replaced the voids in the devaluation of human labor as production was moved from place to place for the sake of cheaper labor. It did not work and all the bail outs in the world will not succeed until a middle class is restored. The new working poor class can not support the creation of these money products as needed government services are under attack because the working poor can not pay the toll for the money manipulations or the government services.
The Federal Reserve Bank keeps trying to retell the story but it is only a super, master bank of banks that trys to act as a shadow government. President come and go, and all seem to be afraid of counteracting the Federal Reserve. The Federal Reserve is a very fine tuned money machine and currently needs a major tune up. The people are finding out that this money machine is broken and no longer can stand in awe as they listen to all the statistical data that does not compute with what is happening on the streets. When this bail out money runs out, the next economic bubble will come and no one really knows what will happen. The global monopoly game is over and the bail outs so far are proving to be only band-aids on a terminal patient
[COLOR=Purple]As long as capital is ma priority over human labor, all our geopolitical imbalances will grow as our money values shrink. And the next in line to take the hit are the Public Sector Government Workers.
| 24 |
| Vote |
Add To: 
subscribe to this blog
