CEO’s are allowed to run their corporations like a baby’s alimentary canal, with a happy appetite at one end, and no responsibility at the other. ~ Mike Scilingo’s take off from a Regan quote

One may ask how the elite criminals will live without our consumption money going to them. The answer is first China. The corporate greed mongers see a whole new population of consumers in China and the Far East. Plus the money corporations get from tax breaks and government deals goes to China. Our money is invested in China and offshore while we starve. Second they’re living off the stolen capital from our generation, Wall St. doesn’t invest in the American economy any more and why you see all this rolling over of our money in immoral investment schemes, this results in more and more money being funneled from the many to the few who are members of the I’ve Got Mine Club. As for the middle class expect more stress related disease, suicide and general death. This is to be expected as we the people mirror our economy.

UNLESS!
The tariff on imports is now about 2%. If we gradually increase the import tariff to 27% moving to 37% that will bring back our manufacturing jobs. An excise tax on the pollution and low wages from the importing country would ensure our prosperity as well. Some say that will start a trade war with China. So what we’ve been in a trade war for 30 years now; it’s high time we began to win the battles. Not only will this plan bring the middle class roaring back but we can tell China by this method we can and will start paying down our trade deficit to them; this in turn will start to make the dollar worth something and countries in the dollar can sleep at night and we just might keep from selling off the country starting with the Hawaiian Islands. Tax the rich at 90% this will force them to invest here!

As long as we’re on this where is the rule of law anywhere in the financial services industry and Wall Street? Yes we must do something about that too.

If we don’t do what I said and even more we will decend into a Command Economy. What is that?
1. The true free market is dead.
2. Prices are set by a political committee.
3. Jobs will be assigned by government agencies.
4. The economy will mirror Cuba or China but it will look American; kind of like Chinamart looks like an American store but the products are made by foreigners at slave wages while those few at the top make millions per minute; at the same time the employees can no longer feed the public sector because they have no money for the outrageous taxes.

Just because you do not take an interest in politics doesn’t mean politics won’t take an interest in you!
– Pericles (430 B.C.)

Thanks to Catherine Austin Fitts for highlights in this article.

Catherine said she saw in The Economist state the American economy is ‘re-balancing; that means the economy is proceeding without needing the American consumer.

I’ve been saying that for 37 years. During the 1973 Arab Oil Crisis a group of adults and family members were sitting around a table discussing the oil crisis. I submitted my opinion that these American companies could leave the country with their jobs and still survive quite well. They don’t need the American consumer. Everything went quiet; some in the room looked at me with surprise others with compassion as they were looking at a crazy person. But now these things are coming to pass.

Catherine also talked about Andy Langford a permaculturist who said that the largest investment any country makes is raising and educating their children. Then one of three things happens to those children after investing millions of dollars in them; 1they either go into the army. 2 they go to an expensive college then Wall St. and you never see them again. 3 they go into the drug business, then to prison. As a result your economy is dying because you’re investing heavily in your children then you’re exporting them out and they’re never coming back.

We will not save ourselves working for $10 to $27 dollars per hour jobs. We must start by growing our own organic non GMO food. The government must raise taxes on the upper middle class and the rich. From the CATO Institute, when taxes are below 19% the perception of government is that it’s cheap, henceforth people and corporations want more handouts and services from the government. When overall taxes are above 19% the debt goes down and less is demanded from government. We are currently at 17%.

What has happened in my (the baby boomer) generation is that all of our wealth capital has been stolen and what we are seeing now is the end game as we are gathered into the killing pens of poverty. As you see failed policies coming from the government you may be asking yourself, why are we seeing only policies to manage our decline and nothing that will bring us forward and back up? What they’re seemingly giving us is insanity; that being one who expects success from a failed dictum being repeated over and over such as Globalism is the definition of insanity. However this is not insanity, it is rather managing people’s decline into financial hell with out a revolution they hope. This decline is taking place in the form of a massive reduction of income with a corresponding increase in expenses that will continue to rise.

Giving money and power to government is like giving whiskey and car keys to teenage boys.
– P.J. O’Rourke, Civil Libertarian

* During Regan Wendy Gram head of Commodity Futures Trading Corp. says derivatives are legal.

* Derivatives are unreportable and unregulated. Attempts were made to make them reportable but Greenspan said no that interferes with the ‘free market.’

* Law making derivatives illegal was changed under Regan by influence of daddy Bush in 1982: options on agriculture commodities were illegal under a New Deal law from 1936 to 1982.

* But no one wanted to deal in derivatives so Wendy Gram wife of Phil Gram connected to Bill Clinton in 1999 said their legal.

* Derivatives heavily contribute to the meltdown proving the ‘free market philosophy’ is a fraud.

* Big business CEOs, bankers and ‘royal’ elitists’ fanatics never believed the fantasy of the ‘free market’. The ‘free market’ is and always has been and always will be a convenient ideology for looting working people and their countries around the world.

* Now that the looting is coming to an end in the U.S. because we’re broke we’re seeing the propaganda for a facist corporate state.

The rich never believe in ‘free markets’. As proof they always enact laws to prevent competition from the new smaller player. Indeed by definition the minute any kind of a government is created the free market evaporates into nothingness. After all the first half of the word government is govern.

According to the Controler of the Treasury there are approxametally 182 trillion derivatives, that is 11 times more than the Gross National Product of the United States.

A derivative is worth nothing they have negative value. This is the toxic paper. When you hear the media say toxic paper they are talking about derivatives, but they don’t want to use that word for purposes of obfuscation. If they don’t you may connect the dots to the fact that only a banker can create a derivative. It is better for them to say some poor uneducated person got an ARM sub prime loan and by that action ‘oh my’ brought down the worlds banking system.

“The true danger is when liberty is nibbled away, for expedience, and by parts.” ~ Edmund Burke

* General Motors in Denmark gets 45 – 55 miles per gallon. The rich pay a $10,000 tax that goes to the middle class and the rich aren’t complaining because that money creates and maintains a safer society for them.
* Because of the citizens united ruling 60 million dollars are to be used through a newly created foundation to zap political candidates that oppose a Republican.

* As of this writing 430 soldiers have been KIA in Afghanistan since Obama took office. His contribution to the perpetual war. Once again it’s back to the days of Carter.

* It has been reported that taxes are now as low as they were in 1951, so why don’t you feel it? Because your check hasn’t grown since 1980 or hasn’t kept pace with inflation their really both the same thing.

* Because of Reganomics the U.S. is fast becoming an oligarchy and a colony for foreign countries.

* Foreclousers rose in 3 out of 4 U.S. major metropolatian areas in the first half of 2010. Unemployment resulting from suicidal economic government/corporate policies was the main culprit driving foreclosure actions on more than 1.6 million properties. No gains in home prices are predicted until 2013.

* According to Ed Schultz 99rs are growing at 50 thousand a day!

* BP receives many millions in tax breaks and given our mineral rights and other goodies to the point that the oil is almost or actually free to BP. Copy this system for the rest of the oil companies.

A nation of sheep will beget a government of wolves. ~ Unknown

The Social Security Administration has sent a letter out with a Q & A section and here are a few highlights.

Will Social Security be around? Yes. However by 2037 trust funds will be depleted because:

1. People are living longer.
2. The birth rate is low.
3. The ratio of workers to beneficiaries is falling

Ya well I have a few additions of my own you won’t find in the SS mail out. My additions:

1. The failed policies of deregulation.
2. Corporations being allowed to move all our jobs offshore to China, India, etc.
3. Paychecks not keeping up anyway near the standard of living.
4. Taxed to death to pay public doles out of touch with reality.

The mail out goes on to say, therefore in the future people will be paid a reduced benefit. For every $1000.00 a person will receive $760.00. Did you get that younger people? You can’t live on what their giving now and they’re going to cut more? How’s that for the good days are behind us. Don’t forget you’re paying into this and they will extend the retirement age as well.

Here are a few more reasons not stated:

1. Congress has no lock box on SS funds and therefore raids it at will.
2. Illegal aliens and the bosses that hire them.
3. NAFTA type agreements.
4. Low paying jobs that are left.
5. Bankers and Corporations taking the money out of the country and using it in other countries for their own benefit such as China.
6. Rich brat legislation that allows them not to pay their taxes.

Yep another reason showing that big banks and corporations have moved out of the USA and into China and the Far East; the sooner we understand we are on our own the better.

I think in the U.S., the border fence is no longer an immigration issue primarily; it’s a security issue.
Duncan Hunter

Hospitals are closing across the country due to the burden of illegal immigration, college students find that summer jobs have dried up due to illegal immigration, and wages across the board are depressed by the overwhelming influx of cheap and illegal labor.
Elton Gallegly

Immigrations imports include murder, anchor babies, rape, the most violent gangs, dread diseases and a completely uneducated new underclass. It is now the worry of many who work in the medical profession who have observed illegal aliens having anchor babies here are taking them back to the Middle East for training and infiltration tactics against the United States. Illegal aliens take millions out of the country; it’s the 2^nd largest source of dollars just behind PEMEX for Mexico. The utter destruction of the American society in such a short time is all because of the too large corporations, a federal, state and local government that has sold us out and to a large extent a court system that has been nothing less than treasonous against its country. Although the vast majority of immigration is Latin remember we are talking about 72 countries contributing to this invasion.

Here are some facts from Frosty Wooldridge a great educator and expert on immigration. Starting in the early 1990’s Mr. Wooldridge had to pass failing minority students in math and science. This was the schools new policy; the administration called it affirmative action grading because they did not want to hurt the students’ feelings. Very soon the students learned they could get grades for nothing. This was followed by the affirmative action High School diploma, followed by affirmative action jobs where very sub-standard work was tolerated. This preceded the massive immigration invasion.

Anyone who grew up in the 1940’s, 50’s or 60’s received a quality education and they know it. What makes this group so qualified is we can see how the current policies enacted have changed the country for the worse; in our day schools had a 90% completion rate with a pretty tough curriculum.

Today’s youth are swallowed up in degenerating terms such as multiculturalism, political correctness, what Mark Twain called silent assertion.  Twain meant when the leaders in the media officiate, deny, ignore or cloud over a social condition or wrong that is silent assertion Silent assertion today is called political correctness.

Americans are suffering because most don’t say anything about this because they are caught in a whirlpool of hate, retaliation and fear. These techniques are straight from the Communist Book of how to destroy and take over a nation. The result is we are loosing cohesion, the American culture is degenerating into a hive instead of being an American too may are hyphenated Americans. It is now so bad that we have lost the identity of our country as a cohesive fabric according to Wooldridge. We are losing the most important part of that fabric in the loss of our English language.

As an expamle The Chicago Sun Times March 3, 2009, as Mayor Daley is crying the city is broke and is laying off 420 city employees, eliminating 1,600 vacancies, slowing police hiring and raising taxes, fines and fees by $52.5 million the headline reads City Still Has Money for PR. What PR you ask? “The Daley administration signed a 5 million contract deal for translating brochures into foreign languages bringing the city wide total to 11 firms and $55 million to augment the highly controlled message coming out City Hall.”

The government must go after the businesses and corporations that hire illegal aliens. All benefits provided by the public dole going to illegal aliens must stop. We must reduce the labor force in order to bring up wages.

• 430 million dollars lost in Illinois government.
• This Governor who I used to support before he was Governor says take even more money from my meager paycheck which is fixed at a 1994 level and I’m not alone.

If Illinois was a company the directors would be fired by the executives. Yet the taxes just go higher and higher. Illinois credit rating is at an all time low.

Congratulations you crooks for you’re out of control pensions, salaries and pay scales, for your lack of stewardship in the capital, cities and counties. All they do is transfer money from one pocket to another. Zero leadership, zero accountability, no improvements, no fiscal responsibility, but they can tax and tax and tax and they can teach a teacher to hold up a sign for the cameras that says RAISE MY TAXES! And what side are the Governor and the legislature on? Raise our taxes of course both property and general.

Remember A Free Trader is Still a Traitor ~ Mike Scilingo

You get income back in the country or go bankrupt and maybe at this point that’s the best thing to do. Congress must address unfettered free trade. Conditions for Chinese workers are so bad in the so called American factories that they are committing suicide. All free trade has done is given the rich all of our money that being the middle class and creating levels of stress unheard of hitherto.

We must first admit that there is no such thing as free trade, that what they call free trade is the global plantation. We then must agree among ourselves to change our place in the global plantation. For Americans we must replace free trade with fair trade along with tariffs and yes protection. Every international corporation has the protection for themselves called trade agreements. Well the people of America must place a mantel of protection for ourselves and our country over these labor hating, slavery enjoining free trade agreements.

Our government has degenerated into an organized crime racket with all its agencies. We are now seeing corporations seizing the power of government as they ‘regulate themselves’ and dictate to the government what laws the government will enact.

We now have approximately 22 million public sector employees. We can no longer pay their wages, retirement accounts, benefits and other bennies. We can no longer afford the government we have today Federal and local. There is a split happening now between public sector haves and private sector have nots reality ultimately will win; until that happens things are going to get very ugly.

You see there is a point of intersection where the population of public sector workers meet or exceed the population of private sector workers. When that happens the government fails and hard tyranny moves in.

Information is the currency of democracy. ~ Thomas Jefferson

• More than 1 in 4 U.S. manufacturing jobs have vanished since 2004.
• 40,000 factories have closed since 1998.
• 50,000 more unemployed are added to the 99er list every day.
• The three largest U.S. railroads have said that between them they have put 107,000 railroad cars in storage because of a deepening slump in freight. That’s 17% of their combined fleet.
• U.S. exports continue to fall.
• Imports have fallen as well.
• Factories in the steel producing states are operating at 45% capacity with about 25,000 people on layoff.
• Airlines continue to cut jobs, routes, downsize aircraft while demanding draconian pay and benefit cuts as rich executives receive lavish compensation.
• Republicans now have their base firmly established on planet “Bribe Me.” has shown they hate anyone who has a job, is without a job or has a small business.
• Democrats are stranded on planet “Bribe Me.”
• Joe Biden a wholly owned subsidiary of MBNA bank in Maryland wrote the God awful bankruptcy legislation of 2005 which makes it almost impossible to get out of debt without loosing everything including your job.
• Jimmy Carter ran on jobs; we need jobs then when elected he dropped all that and committed only to inflation and not doing anything to raise employment. He has gone down in history as the President who started the deregulation nightmare we are still in as he fought for airline deregulation along with Teddy Kennedy and Alfred Kahn, the architect of airline deregulation; none of these men probably ever lifted a bag in their life.
• Paul Volcker said then Americans will have to get used to a lower standard of living.

Remember Michelle Obama when she talks about sacrifice? Barky has promised in a speech in Oregon you’ll not be able to eat as much as you want, have the car that you want, no SUVs, and you can’t have your home set at the temperature you like. Now we see people who cling to their God given rights such as guns, religion, anti free trade, a decent paycheck is deserved are attacked from left and right. The left wants to deprive you of your guns, religion and a good paying job. The right wants to deprive you of a good paying job and any kind of a paycheck. Both support a society with no future for the middle class; after all they have China as their model a top down governmental and corporate dictatorship.