CROSS 9-11- Tangle of Terror - Who Can Untangle the Terror
That Globalization and Free Trade Economics Has Bred.
Communications by rank - the age of unreason and misinformation.
.. and Trump says, We will never surrender to the false song of Globalism
Ray Tapajna, with thousands of references and resources online since 1998 brings you real world news relating to our economic day and your workday in the global economy. There are many untold stories to tell. Many of Ray's sites are now a history of free trade economics failures. Too many are outside looking in while just a few control the flow of wealth outside the will of the people. Workers and Small Business have no voice in the process.
Individualism in our economic day is exalted . Communities and Society take second place. Upper classes are living off the suffering of others. About 50 percent of all possible voters do not vote feeling it serves no purpose.
Free trade economics remains the major cause behind our economic and social crisis.
Free trade today is not trade as historically practiced and defined. In our times it is about divorcing investments from production and moving production anywhere in the world for the sake of cheaper labor and more profits. The value of workers and labor is manipulated for the sake of investments. The stock market once rewarded companies for the number of workers they could employ while showing a good balance sheet. In the free trade economic world it is the opposite. The stock market reward companies who fire instead of hire and call it an increase in efficiency.
The globalist free traders change history to fit their process. They blame protectionism for the the cause of the Great Depression. It never happened this way.
The actual conditions were quite different. They point to the Smooth-Hawley trade act as the culprit. It was not passed until 1930 and really never took effect. Nations did not have sufficient funds to trade. Money was scarce. The stock market crashed in 1929. All trade was at a standstill because of an international money crisis. You can not do business with people who do not have money.
Actually, President had the power to lower or raise tariffs at any time when he was in office from about 1934 on. Finally in the late 1930s, he said he was not going to let the lack of the dollar stand in his way and instituted the Lend Lease program. This allowed major ways to export goods without worrying about being paid upfront. It acted as a stimulus as products and food began to be exported to our "future" allies. Then World War came and it helped launched the most awesome industrial power the world has ever known. Coming out of the war, through the Marshall Plan, the U.S. was able to restore economies in Europe and Asian. They did it my duplicating success. It did not chop up our economy and send the pieces outside of the U.S. Our industrial might also was able to support the GI Bill which created a massive middle class in our society.
In the 1950s, I worked at several factories while going to college. If these jobs were available today, there would be millions standing in line to get them including college graduates.
The globalist free traders and dismantled our industrial might and even more. They ravaged the computer industry and sent most of it outside of the country. What took more than thirty years to develop was washed away this way in a short space of time.
In the 1990s, more than a million workers in the computer industry lost their jobs. Thousands of computer businesses closed down. Hundreds of major computer manufacturers bit the dust. The "rust belt" industries were not the only ones who were taken out.
Free trade economics has a history of failures. Our own Federal Government sponsored the moving of factories outside of the U.S. starting in 1956. It was the same year the Suez Crisis exposed an international money crisis and many nations were looking for ways to make money on money instead of making things. Obviously, it was an inherent mistake from the beginning.
Somewhere along the way, the moving of production outside of the country was branded as free trade. The main commodity being traded were human beings who were put on a global block to compete with one another for the same jobs. So the moving of production from place to place anywhere in the world for the sake of cheaper labor and more profit for few took over. The most awesome industrial power in the history of the world was shredded into pieces. They killed the golden goose that laid the golden eggs.
President Clinton had to bail out the process in 1995 rushing billions of dollars to Mexico to save the peso and the Mexican economy even though by then, more than 4,000 U.S. factories had been moved to Mexico. So the first bail out of the process went to a foreign nation as millions of their people flocked to the U.S. seeking economic survival.
It was a prediction of things to come. In 2008, President Obama had to bail out the process by mortgaging the future but he only bailed out those at the top and ignored the suffering of the millions who lost their jobs and businesses as our economy based on making money on money is burning away - The American Dream is still Burning away .
List of jobs and companies lost in just 1998.
The American Dream Is Burning Away
Are you a Gladiator in the Global Economic Arena