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The World's News - Journey through the fields of broken dreams in the global economic arena

The State of Disunion in the New World Disorder

January 28th 2010 18:37
President Obama State of Union message is same old song. It's an omission of the real causes behind the economic crisis

cart before the horse economy
Obama still ignores the real cause behind our economic crisis - free trade


Ray Tapajna Chronicles forecasted our economic crisis years ago based on experts like Sir James Goldsmith who led populist movements in both England and France and Manuel Castells who wrote about the coming of the "Bewildered New World" as it is today.

The Clinton era was the eye of our economic storms as he orchestrated the free trade scam of the century.

President Clinton, President Bush and President Obama are all dancing together in the dark with people like former Fed Chairman Alan Greenspan, Limbaugh and Gingrich doing a jig in the background. It is a dance in the dark about the biggest scam of the century- free trade. President Obama ignores this as the major cause of our economic crisis. The Trade Deficit is not just a statistic the free trader economists discount as if it is good thing but it is a negative cash flow just like the deflation of the value of labor is. The Trade Deficit is about buying more than you are selling. It a country buying goods when its money has run out. The value of workers also represents a real asset and a real tangible money standard to back up all the funny money paper and this value has been radically discounted for the sake of funny money monopoply games in the global economy. Many investors should be parked in jail in this monopoly game.

Our economy based on making money on money instead of making things is burning out and President Obama's stimulus is a dud. It pours money into an endless pit of no return as they did in the last Depression. President Roosevelt plugged up the pit by triggering the Lend Lease program that launched the most awesome industrial might the world has ever known. The war consummated this industrial power and then the U.S. gave it away 50 years later and in essence, lost World War 2.


Actually, Fed Reserve Chairman Ben Bernanke said it all when he told Congress that the best way to stimulate the economy is to buy "domestically produced goods." It would have been better if he said to buy goods made in the USA but beggars can not be choosey. In West Point, Georgia, they hung up a banner in the middle of the town saying - Thank you Jesus for KIA -. Georgia paid KIA millions of taxpapers money to build ther assembly plant in West Point. Mississippi did the same. Indiana paid Honda about $160 million dollars which includes all the instructure they had to build to support the facility. Only 5,000 jobs were created there while close to 20,000 auto parts workers lost their jobs in the state. U.S. taxpayers have paid out more than a billion dollars to foreign auto assemblers that bring in parts made in the wage slave labor markets of the world.

They announce these cars as being built in American meaning that the ratio above is the scenario of our times. And President Obama treats this as a good thing. I do not know what Beb Bernanke means when he says to buy "domestically produced goods." but I know President Obama thinks it is a good thing to create 5000 new jobs while getting rid of 20000 workers.


See the crazy Flat World of the Free-Trader Globalists

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Comment by Tapsearch Com Editor

January 28th 2010 19:05
We started our advocacy for human dignity in the workday, restoring the real free enterprise system and real world trade in 1992 and have been online since 1998. We now write about our own journey in the global economic arena at Ray Tapajna Chronicles

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