President Obama's stimulus plan will not work. He is focused on the big picture while ignoring the small ones the make our economy work. Only local value added economies work. Economies based primarily on making money on money rather than making things do not and are burning out. President Obama does not even mention the history of Free Trade failures. Free Trade and Globalization means centralization. This means all the good and bad are centralized. All the bad that was controllable in de-centralized ways are now out of control.
The cause of our economic crisis is primarily about Free Trade that moved our production of the things we use and eat to other parts of the planet. The crisis is about cheaper imports meaning cheaper wages, underemployment and unemployment.
It is about the devaluation of the value of workers and labor. This value is a real tangible one acting as a real money standard. Paper money has no real money standard except for what our nation and society represents. The value of workers and labor is money standard that is a major part of that whole.
This standard has suffered a severe deflation of its value and has impacted all money products.
President Roosevelt gave up on the big picture and ramped up our economy starting with the Lend Lease Act which created local value added economies that won World War 2. He did not send factories outside the U.S. We must challenge Free Trade in the destruction our local value added economies before talking about any stimulus package. We should think about business to business mercantile centers in every city and people to people centers for buying and selling before doing anything else. Then bring back our factories and re-establish our small farms.
Federal Reserve Chairman Ben Bernanke said it all when he told Congress during the first stimulus pacakge debate, the best way to stimulate the economy is to buy "domestically produced goods". This is a difficult task since so much of the things we use or eat come from around the planet. Any extra money spent at retail goes to the places where the products are made or grown. The money does not stay here to stimulate our economy.
The proposed "green economy" will not work either especially if taxpayers pay for the research and development with the production phase going outside the country like it has in the high technology sector.
(Please pass forward this to your political leaders and news channels. -- Obama's Stimulus is a Dud. )
Resources: http://www.bizarrepolitics.com/ben-says-buy-usa
http://www.bizarrepolitics.com/rush-limbaugh-could-have-saved-the-world and for a mobile user friendly summary of articles by Ray Tapajna go to http://tapsearchnewsmobile.filetap.com and http://tapsmobileworld.filetap.com
Feel Free to use any of the articles for your blog from http://ezinearticles.com/?expert=Ray_Tapajna The most popular one is Lend Lease was real Free Trade and not chop liver as in the Globalist World
Comments
rules tapsearcher
Tapsearcher. You cannot post spam comments pushing products, websites which are not simply writings and legitimate economics or commentary. It's ok to link to your own writings, you own blog, but not ok to peddle sites to sell products or services.
I'm going to unblock you because this blog post seems legitimate but this is a strong warning. Any link, anything that is linking over to some product site or something where you are simply trying to increase link counts to some service, or product you are trying to peddle...
is cause for immediate banning.
When were we ever localized?
President Obama's stimulus plan will not work. He is focused on the big picture while ignoring the small ones the make our economy work. Only local value added economies work. Economies based primarily on making money on money rather than making things do not and are burning out. President Obama does not even mention the history of Free Trade failures. Free Trade and Globalization means centralization. This means all the good and bad are centralized. All the bad that was controllable in de-centralized ways are now out of control.
As long as I've been alive, the United States economy has not been localized. And I'll point out that for most of my lifespan (I was born in 1970) it's been the RUSH LIMBAUGH ERA REPUBLICANS who have been in charge, pushing the stock market ever higher, allowing the banks to leverage out to insane levels, and removing our usury and bankruptcy laws so that the pirates can get maximum profit off of the backs of the working middle class.
We tried your way for 26 of the last 28 years, and what has it got us? 3 recessions and a depression, and an army that is so underfunded and understaffed that even one old Arab with a kidney condition was able to pull together a very small army to attack us and survive.
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Maximum jobs, not maximum profits.
he's arguing against pundit Rush Limbaugh
he's arguing for localized economic centers and is saying this globalization free trade is destroying the nation.
This is a straight paleo-conservative type of post and he's blasting both parties on trade policy.
He's saying the Stimulus will not work because it's not focused in on production as well as localized regional economic boosts.
Now of course this post could use some economic references and some actual graphs because it reads as just a manifest opinion piece....
but he's not defending Rush Limbaugh, main point.
Ok
I need to read past the headlines. "Rush Limbaugh could have stopped this" got me off on a wrong tangent.
I'll agree with him then, and add one more point: NO economic system can work for 100% of the population past the 2nd degree of familiarity. Your family, your friends, THEIR family and friends, that's it. Nobody beyond there has the necessary data to help you out. Everybody beyond that point has only one economic interest as far as you are concerned: you're a potential mark in their con game.
That's straight out of Dorthy Day, if you'll forgive the religious reference to an alternate economic system.
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Maximum jobs, not maximum profits.
I read it 3 times too
and already deleted a comment that was pure product link spam...
So, ya know borderline.
Tapsearch Chronicles reviews Pope Benedict's economic encylical
See our review of Pope Benedict's economic encyclical at http://tapsearch.com/pope-benedict-economic-encyclical which actually is more of a reaction as someone with a 60 year work experience being raised in a small family business, working in several factories while going to college, as part of every computer generation and part of many innovations traveling to the Silicon Valley for years , dealing with the highest echelons in corporations and doing business directly with China.
Our bio is at our main site where we kept track of company close downs throughout the 1990s and specifically 1998. If you want a resource for someone who lived through the era where more than a million workers lost their jobs in the computer industry alone search us out the web. We now have thousands of references under Tapsearch Com. A must read is the Confessions of an Economic Hit Man by John Perkins. We review it with Alan Greenspan's book at http://www.bizarrepolitics.com/confessions-for-history.
We show lists of hundreds of companies in the computer industry that closed down due to free trade. And we defended the last micro computer made in the USA and several of the last industrial micro computers made in the USA down the very end. Production was made portable and ready to move from place to place seeking out the cheapest labor markets in the world down to wage slave and even child labor.
The Federal Trade Commission site has much of our information on their site from 1998. We have updated this since then at our main site http://tapsearch.com/tapartnews. We have several sites and blogs related to our advocacy for fair trade and human dignity in the work day and a list can be viewed at http://linkbun.ch/aztb
We started our advocacy in 1992 after seeing an article in a computer trade magazine about our Federal Government sponsoring the moving of factories outside of the USA starting in 1956. It was supposed to be a temporary program but it never ended with our government acting as broker throughout these years. The elder President Bush formulated the free trade program and announced the New World Order. President Clinton followed and passed these free trade agreements as if they were his own. We do not need any conspiracy theories to know that globalization and free trade have been driven by powerful forces outside the will of the people and outside of any natural economic fashion. It is a self-evident fact.