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The Rationale Quest - All decisions should be made at the lowest level possible- (Subsidiarity)

 
Explore the latent response of philosophy and philosophy to the global economic arena. Early posts include the study of heresies in the early church and the problems of Liberalism and Raw Capitalism in our times

Parasite Economy continues

December 26th 2011 21:43
Ray Tapajna Pages - Journey in the fields of broken dreams


Parasite Economics continues

The very people who caused the major problem of our times
are now the ones who have been bailed out by President Obama and then have the gall to be on Super Committees and pushed for austerity measures. On top of that , we have governors like Governor Kasich of Ohio who are granting tax breaks and incentives to larger companies to stay or come to the state supposedly to create new jobs. Governor Kasich was one of the Contract with America Republicans who pushed the passage of free trade agreements that stole our economy from us. Free trade was a failure from the beginning and it has subtracted trillions of dollars from the value of our economy and our workers. People like Governor Kasich made their fortunes from the process.

When the free trade bills were passed in 1994, politicians like Governor Kasich and House Speaker New Gingrich told workers and small businesses who lost out due to free trade that they would get help. They virtually got nothing. It turned out to be a lie as millions of workers lost their jobs and thousands of companies went out of business due to free trade.

Time to Occupy All Streets

Instead of getting any help, President Obama follows the fallout by
bailing out those who caused the problems and put them back in charge of the process. We all know if free trade had to be ratified by a popular vote, virtually none of the bills would have passed. Still, the globalist free traders keep trying to keep the failed free trade system afloat.

Now they are trying to create jobs out of nothing and giving the companies that are still in business tax incentives to stay put or move their companies to different states. This money comes out of the pockets of those who are still able to pay taxes. Those who lost their jobs or businesses get nothing.

It is a new version of the "take away" economy that is waiting for the next economic bubble to burst. It is a shell game and a juggling exercise by politicians and big money interests that caused the problems in the first place. The play the game hoping to buy time but that time has run out.
People like Newt Gingrich and others who you feature are part of the
problem and not part of the solution.

Gingrich did not even mention or list free trade in his Contract
with America even though it was a life changing event for most of us.
Many lost everything it took a lifetime to accumulate. All those who
lost their jobs or businesses due to free trade were supposed to receive
some help. It never came as the "take away" economy is being lit more by foolish tax breaks that will not amount to much of anything. The real jobs are gone. The value of labor and workers has been deflated, degraded and devalued. The only way back is to restore the the economic models from the past. Only local value added economies work. Free trade has more than a twenty year history of failures.

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