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Written by Richard R. Oswald
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Friday, 23 November 2007 |
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Its high time that Americans stood up and listened to
political leaders who willingly ask us to fight, without willingly fighting for
us in return. Not since the Robber Barons built their North American empires,
have issues of labor been so blatantly in favor of the wealthy few, and so wildly distorted by some politicians in power.
As highlighted in a New York Times Op-Ed, manufacturers of
luxury goods have caught on to the fact that government enforcement of trade
laws has more slack than a wind whipped prairie telephone line, but out here on
the prairie, keeping the phones working is only one of the many challenges we
face. Sorting truth from fiction has become another daunting task. Political
leaders would do well to listen to the buzz on the line, because some of that
buzz is traveling along barbed wire fence telephone lines. Static may hide the
truth, but only until the barbs begin to bite.
Right now the barbed wire fence phone lines are telling us
that cheap labor drives corporate profit, and just like Asian Coolies provided cheap
labor for rail lines and Robber Barons, a new breed of Robber Baron exists to manipulate
markets and steal opportunity from Americans at the cost of developing nations
whose latest development is merely the right to work long hours for little pay.
Some Coolies arent even Asian
any more, living in places like Mexico,
Peru, and Columbia.
In the meantime, check those Gucci handbags for Asian
fingerprints. Theres a chance the Made in Italy label itself, as well as every
thing underneath, was created by a Free Trade Coolie.
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In the news
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The following article appeared on the online site for Manufacturing & Technology News on November 17, 2008 and was written by Paul Craig Roberts, former Assistant Secretary of the Treasury in the Reagan administration.
By most accounts the U.S. economy is in serious trouble. Robert Reich, an adviser to President-elect Obama, calls it a "mini-depression," but that designation might be optimistic. Russian economist Mikhail Khazin says that the "U.S. will soon face a second Great Depression." It is possible that even Khazin is optimistic.
I cannot predict the future. However, I can explain what the problems are, how they differ from past times of troubles and why traditional remedies, such as the public works programs that Reich proposes, are unlikely to succeed in reviving the U.S. economy. |
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