Tapsearch Com EditorFree Trade is the problem. Obama in denial
November 12th 2009 23:54
Free Trade is major cause of our economic crisis & President Obama is in denial
In the latest Congressional House vote for health care, Congressman Dennis Kucinich, a liberal Democrat, voted against it. He cited the imbalances caused by Free Trade. He maintains American workers do not make enough money to pay for their health care because of Free Trade.
More than ten years ago, Manuel Castells, who wrote several books about globalization, was interviewed by Cliff Barney from Upside Magazine. Upside was an unusual publication. Its main content was related to new high technology ventures but it also had many articles related to social justice. The interview article was titled the "Bewildered New World'. Castells told about the coming economic crisis due to Free Trade and how nations would no longer be able to afford the entitlements that took many years to achieve. It all came true.
However, the Free Trader Globalists like President Obama ignore this reality and actually do a reverse run around the problem by making health care the first order of business. It comes after President Obama had to bail out the financial communities that fostered Free Trade and caused the economic crisis. He then puts the very same people in charge of restoring the economy. It is obvious that the U.S. economy and other economies around the world that are based on making money on money instead of making are burning out. Nothing will work until we re-establish local value added economies.
During the first President Bush stimulus package, the Federal Reserve Chairman actually hit the target about the causes of our economic crisis when he told Congress what was needed to restore the economy. During a report to Congress, he was asked what was the best way to restore the economy and he immediately replied that the best way was to buy "domestically produced goods" which means Free Trade is a failure.
We have the economic models from the past that proved what he said is true. Only local value added economies that add value from raw product through several levels up through to the retail or end user level work. These economies are set in balance geopolitical settings where one group does not take unfair advantage over another. Today we have further proof as advocates for things like gambling casino sell their concept on the basis of keeping money local. Even the Wall Street Journal published stories about what cities were doing to revive their economies by stressing local businesses as the solution.
With all this happening, you would think President Obama would direct his attention to the real core problems of our times, but he does not. He actually does the opposite in the bail out of big money by big government and establishes a new kind of Socialist Capitalism that is doomed to failure. Trickle down economies do not work no matter if they start in the private sector or in the public sector. The same thing happens. Nothing really filters down to the bottom level. President Obama even ignores doing anything directly for the masses of unemployed or the working poor. He tells all to wait for his stimulus packages to take affect. These stimulus proprams will never reach those who need help the most and who need it now . It is obvious, economies do start at the bottom up and not vice versa.
Free Trade was never really trade. Free Trade was mostly about moving factories and production from place to place for the sake of cheaper and cheaper labor in an endless fashion. [/B] Nothing will work until, nations revisited past economic models that worked and asbtract the good from the bad. This is the only way. Free Trade actually has no old history and its only history based on the past twenty years or so demonstrates a horrendous l failure.
We noe truly do live in a "Bewildered New World".
Links to the world of Tapsearch Com with the untold stories behind the news.
In the latest Congressional House vote for health care, Congressman Dennis Kucinich, a liberal Democrat, voted against it. He cited the imbalances caused by Free Trade. He maintains American workers do not make enough money to pay for their health care because of Free Trade.
More than ten years ago, Manuel Castells, who wrote several books about globalization, was interviewed by Cliff Barney from Upside Magazine. Upside was an unusual publication. Its main content was related to new high technology ventures but it also had many articles related to social justice. The interview article was titled the "Bewildered New World'. Castells told about the coming economic crisis due to Free Trade and how nations would no longer be able to afford the entitlements that took many years to achieve. It all came true.
However, the Free Trader Globalists like President Obama ignore this reality and actually do a reverse run around the problem by making health care the first order of business. It comes after President Obama had to bail out the financial communities that fostered Free Trade and caused the economic crisis. He then puts the very same people in charge of restoring the economy. It is obvious that the U.S. economy and other economies around the world that are based on making money on money instead of making are burning out. Nothing will work until we re-establish local value added economies.
During the first President Bush stimulus package, the Federal Reserve Chairman actually hit the target about the causes of our economic crisis when he told Congress what was needed to restore the economy. During a report to Congress, he was asked what was the best way to restore the economy and he immediately replied that the best way was to buy "domestically produced goods" which means Free Trade is a failure.
We have the economic models from the past that proved what he said is true. Only local value added economies that add value from raw product through several levels up through to the retail or end user level work. These economies are set in balance geopolitical settings where one group does not take unfair advantage over another. Today we have further proof as advocates for things like gambling casino sell their concept on the basis of keeping money local. Even the Wall Street Journal published stories about what cities were doing to revive their economies by stressing local businesses as the solution.
With all this happening, you would think President Obama would direct his attention to the real core problems of our times, but he does not. He actually does the opposite in the bail out of big money by big government and establishes a new kind of Socialist Capitalism that is doomed to failure. Trickle down economies do not work no matter if they start in the private sector or in the public sector. The same thing happens. Nothing really filters down to the bottom level. President Obama even ignores doing anything directly for the masses of unemployed or the working poor. He tells all to wait for his stimulus packages to take affect. These stimulus proprams will never reach those who need help the most and who need it now . It is obvious, economies do start at the bottom up and not vice versa.
Free Trade was never really trade. Free Trade was mostly about moving factories and production from place to place for the sake of cheaper and cheaper labor in an endless fashion. [/B] Nothing will work until, nations revisited past economic models that worked and asbtract the good from the bad. This is the only way. Free Trade actually has no old history and its only history based on the past twenty years or so demonstrates a horrendous l failure.
We noe truly do live in a "Bewildered New World".
Links to the world of Tapsearch Com with the untold stories behind the news.
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