Or why we wouldn’t need minimum wages if internationalist socialists hadn’t opened all economic borders all forced job creators to outsource manufacturing labor to foreign nations.
Repeal all minimum wage laws + Re-establish economic borders = End unemployment.
Basic common-sense economics explained by Peter Schiff.
Among the 2012 presidential debates that spread quickly and increasingly over this country, quite a few yet not as much as expected concern the economic situation of the United States of America.
Strangely enough, these same economic debates will have been characterized by two essentials elements : the overly pronounced taste for globalism of our candidates and the complete absence of solutions concerning the trade deficit.
For the first one, no real surprise you don’t step out of five decades of blatant ethnomasochism as easily. For the second characteristic on the other hand, even though I half expected it I must say I am nevertheless taken aback by the stupid of those who desire to govern us.
On the economic table,you might have witnessed a few lonely tirades about the public spending, and even less numerous interventions about the unemployment, which Ron Paul blames on the… FED. How original.
I truly have a hard time seeing how monetary creation, if that’s what Ron Paul reproaches to the FED in the first place, leads to unemployment since on the contrary, in the short term monetary creation will bring devaluation of the currency, and lead to more exports. It’s only in the long term that monetary creation can show its perverse effects, more on that later.
But aside from Ron Paul’s usual ramble, very few mentions to our current economic situation have been noticeable, like for example our record high trade deficit. It’s also funny to notice that we barely use the term “trade balance” anymore, only “trade deficit” implying that our balance couldn’t be positive.
Only once again, and if you dispose of whatever political experience or plainly common sense you may already have noticed, purposely ignoring an issue won’t make it fix itself. We’ve had proof for the public debt, the ethnomasochism, the anti-Americanism and countless other political experiments.
The truth about the trade deficit in America
Every candidate talks openly about such concepts as wealth redistribution and common wealth, but what they seemingly fail to notice is that to have any wealth to distribute you have to produce it first. And as we fail to produce any wealth, actually we lose some each day hence the term trade deficit, our economic system is only feeding on a smaller and smaller piece of cake : our past gains.
The only companies actually bringing money into the USA are the very old ones, often times the ones labelled as corporations by the mass media, and they are also believe or not the most taxed entities in this country.
But taxing our big companies is not and was never enough for our economic system not to collapse under the weight of the drag that is our American Business Model.
To substitute to our nonexistent and even hugely deficient production of wealth, there are three solutions.
1. Tax money
2. Print money
3. Borrow money
Needless to say that our government is applying all three of these, and rather ineffectively.
But don’t forget that Americans are sheep, and whole common wealth system is designed against them. In the long run that is.
The system is designed by essence for the supply to meet the demand by all needs necessary, disregarding our sovereignty and our long term national interests (the liberals always talk about collective interest, but what is more collective than our own nation I demand).
Americans are such sheep that as long as the supply meets the demand, or in this case the demands, they won’t protest. They all want the “miracle pill” to solve all our problems, and that’s exactly why charlatans such as Ron Paul can rise effortlessly on top of all political polls.
Americans aren’t lucid at all when it comes to political and economical decisions, and these democratic debates often turn out to be one way overbidding schemes.
– We aren’t producing enough wealth and bringing enough money in our country ? We can either change our ways and adopt a more patriotic form of citizenship, or we can just tax the rich and the companies. The latter solution is easier, more demagogic and by the time the consequences will arise there will be a new president in the office to put the blame on.
– We can’t tax the rich anymore but still aren’t bringing enough money in our country ? We can either change our ways and adopt a more patriotic form of citizenship, or we can just borrow our money with massive interest rates from other countries, most of which openly consider themselves our enemies. The latter solution is easier, more demagogic and by the time the consequences will arise there will be a new president in the office to put the blame on.
– We can’t borrow anymore money but still aren’t bringing enough money in our country ? We can either change our ways and adopt a more patriotic form of citizenship, or we can just print more money disregarding the issues linked to devaluation. The latter solution is easier, more demagogic and by the time the consequences will arise there will be a new president in the office to put the blame on.
The candidate Ron Paul and several other conservatives have strongly opposed the concept of monetary creation, at least indirectly, and the “FED system”. Unsurprisingly, none of them has ever brought up the consequences of ending a system on which our whole economy is now dependent.
And for once in the history of the United States of Demagogy, there is a possibility that the supply won’t meet the demand, simply because there is no more supply. There are no more fake issues, “miracle pills”, Jesus-is-our-savior-he-will-fix-our-economy-vote-Santorum-2012, nonviable settlements, wrong answers and non-solutions to disconnect the American people from the market.
Our politicians believed they could just ignore the reality of economic war and the market altogether, but they are only just starting to see the consequences of fifty decades of internationalism and ethnomasochism.
Want to know an easy way to destroy the healthiest and most powerful economy in the world and turn it into a mere import market highly dependent on governmental stimulus with the highest trade deficit in the world ? Easy, try the American Business Model.
While in the rest of the world, regular economies are based on a cooperative patriotic model that we will call “regular model” for short, we in America being very ethnomasochist have developed what is called the American Business Model.
The purpose of this American Business Model, advocated by multiple political personalities such as George W. Bush, Barack Obama and Ron Paul, is to screw Americans out of business, weaken our economic security, destroy our financial independence as well as our sovereignty, and all in the name of less profit.
Yes you heard me right, you will have LESS profit than if you followed the traditional cooperative patriotic model, the regular model if you will. The beauty of the American Business Model is that it’s so ahead of the curve that it will give you as least profit as possible while effectively ruining your country.
Of course, the American Business Model comes in pair with ethnomasochism, concept which has, I believe, vastly inspired it.
American Business Model vs Regular Model
For the rest of this article, we will use the examples of Walmart and its foreign competitors to illustrate the power, or lack of, the American Business Model over the regular model.
In the process of selling goods, for example in a retail store like Walmart, there are three factors to into account. These three factors represent each financial transfer, and are of course the production costs, the transfer costs and the purchasing costs.
The first one involves the costs of the production at the factory. It’s beneficial for the workers and their country, not so much for the factory that produces the goods.
The second involves the retail store buying from the factory. The cost is higher than the one of the production, so it’s beneficial for the factory, not so much for the retail store.
The third involves the customer buying from the retail store. The cost is higher than the one of the transfer, so it’s beneficial for the retail store, not so much for the customer.
All this to learn that the customer is losing money when he buys something, but the customer can become a worker himself. I added “and their country” on the first case, but virtually it’s beneficial for the country of anyone winning money so it also applies for the other two. Simultaneously, we could argue that it’s detrimental for the countries of the buyers who lose money on their purchases.
In the regular business model, let’s take the example of a retail store of a foreign country F. If the CEO of this store wants to make money by selling goods, he needs to have these goods produced first.
1. Usually he will address a local manufacturing company, in the same country F, and start selling to the local market. For the moment, there are only financial transfers inside the country F, F is neither benefiting neither losing from these transfers.
2. If he wants more money, he will try to export the goods to the rest of the world. This means more money for the retail store, and more money for the manufacturing company because they will have more commands. The country F is exponentially beneficial, because they “win” not only from the retail stores income but also from the factory’s labor.
Now let’s have a look at the American business model. The CEO of a retail store in the USA wants to make money by selling products.
1. Being a good ethnomasochist he will try to outsource to a manufacturing company in a foreign country and start selling on his local market, the US market. For the moment, there are only unilateral financial transfers from the USA to the foreign where the factory is located.
2. If he wants more money, he won’t try to export. He will try to find more foreign and “exotic” products to bring to the US market, even more losses for the USA. There being a constant stimulus of money from the Fed in many forms, there will always be enough money on the US territory, only its weakening even more our economy.
I took the example of Walmart because they serve as a good example, but there are even more extreme cases of the American Business Model.
But take Walmart and its competitor Carrefour, which is french. Walmart imports products from China and sells to exhaustion to the US market and a few other markets. Carrefour sells almost exclusively French made products around the world, even to China.
As long as American companies continue with this unsustainable business model,
As long as American companies search to bring foreign products into the US market instead of trying to export US products,
As long as American companies, in order to make more money, will try to make product cheaper instead of trying to export,
the United States will continue down the same road.
No it’s not the name of a random porn movie, but simply the title I came up with when browsing through the questions Americans sent our president for the 2012 Ask Obama campaign on Youtube.
Similarly to last years program, users were to submit questions to the president and he would respond to the ones having the most upvotes.
Not only did 80% of the questions concern SOPA, and none concerned the economic aspect just the regular demagogy anti-American joke, a few questions stood out by the utterly stunning stupidity.
While our country is facing issues like growing ethnomasochism, massive public debt, huge trade deficit, and a dumb monetary policy that consists of printing tons of dollars daily to make up for the loses of our trade deficit, Americans are concerned about gay rights, the views god and the well being of the Iranian people.
Here are a few questions that are particularly brainless :
What legislation/actions do you intend to promote during your second term to either reduce or mitigate the impact of the contribution to global warming caused by the United States?
First question from an environmental hippie. If this guy had any scientific knowledge at all, he would know the United States aren’t causing any significant impact on global warming simply because global warming mostly isn’t caused by man activity. And even if it was, it’s absolutely not a priority when we are facing trade deficit and public debt.
Mr. President, For nearly 50 years we have had a stable financial economy under the Glass-Steagall Act. Will you make a goal to reinstate Glass-Steagall and protect working class Americans with adequate banking reform?
You heard the hippie, we need more regulations.
For how long you are gong to keep God out of your policies by promoting abortions, gay marriages etc? You will never be successful Mr. President. Without God you cannot achieve victory. Please remember this thoroughly.
When confronted with unemployment and debt, the American people are only concerned with… religion. Well good for them.
This dude is perfectly armed for facing the two decades of recession that lie ahead of us.
Unemployed, maybe, but all in the faith of God.
I am a US Marine stationed overseas. I wanted to know how you can justify to us the following. Members of the 3 government branches make 50 to 100 times what I make on a yearly basis. How can you justify this without insulting me or my fellow Marines
Maybe if you started using American weapons… I’m just saying.
der presiden what ar u gon to doe to stop the war on teror??
Maybe he should start the war on illiteracy.
I am 60. I have diabetes, ulcers, high blood pressure. I work full time for a small company and have no health insurance. I cannot get health insurance at a rate I can afford. Why have people like me been left out when it comes to health insurance?
Maybe we should print more money to weaken the dollar even more, so we can expend the already failing concept of collectivist health insurance.
When will we put an end to corporate personhood?
It seems like the socialists will try and blame everything and everyone in order to evade reality.
Bad economy ? Don’t want to accept the reality of economic war because it confronts your fictive hippie values of ethnomasochism ? Blame the corporations.
Blame the corporations. The new scapegoat for all your problems.
After the government, liberalism, the conservatives, the markets, Wall Street, Fox News, Michael Jackson, the 1%… we now offer you the corporations ! They are American, so you can go ahead and blame them nobody will label you as “racist”.
Notice : blaming any other cause than the ones pre-approved by Anti-American, Inc. will make you a “fascist”.
Please don’t pass SOPA and PIPA All “Americans” as well as “World” need an uncensored internet. That’s my request to you.
The “World” ? Why would Barack Obama, president of the United States of America (or what is left of them), even consider listening someone that advocates the interests of the “World” above the ones of this nation ?
Barack Obama is supposed to DEFEND the interests of our nation AGAINST the ones of the world. Like every other president in the “World”. I sincerely hope the person that wrote the question is not American.
Why aren’t the Banksters being prosecuted?
Hon’ble Prez, y r u still supporting Pakistan when u’re aware of their offscreen activity which is affecting India directly and other Asian countries indirectly?If this continues, in the nxt 50 yrs u’ll find only the Islamic flags across Americas.
Why don’t you ask the Indian government ? This is America.
Is it possible for the President of the U.S. to give a couple of green cards to European visitors who already tried to improve the mutual understanding between America and Europe?
Maybe stfu ?
The phrase “Too big to fail” has become synonymous with the 2007-08 financial crisis. If anything, banks and financial institutions have become even larger since then. When will the banking system actually be held accountable?
When it’s proven responsible of anything having to do with the 2007-08 financial crisis. For now, it’s not the case.
Exactly, Why can’t we close Guatanamo prison???
Anti-American propaganda once again. 20% of Americans unemployed, trillions in public debt, massive trade-deficit and the hippies still worrying about foreigners in Guantanamo.
When can we expect to begin seeing prosecution of Wall Street insiders responsible for the massive fraud that led to the collapse of our economy? There seems to be lots of evidence, but no charges or arrests.
“There seems to be lots of evidence”… on NBC.
Mr. President what do you think about Georgia and Russia conflict ?
I sincerely hope you are referring to the state of Georgia.
Mr. President, All your efforts to make America prosperous will be futile if your country for which the first foundation was laid by God fearing ancestors and then built on Biblical principles continue to dishonour and disregard God your Creator.
” All your efforts to make America prosperous”… that’s the point, there aren’t any.
Mr President: Will you support Gay marriages in the future? Gays and Lesbians should be able to receive the same status and benefits as other Americans.
Currently, the same status and benefits are unemployment and public debt. If you want them you can have as much as you want.
And a few good questions, buried under tons of crap as usual.
Are you prepared to cut spending in a meaningful way to ensure that the younger people of this country are not left paying for the mistakes of previous generations?
How would you create new jobs, if there is hardly no industry production, inside US borders. Today, around 90% of all products used by Americans, are made outside of the USA. Almost everything we buy and use today is not produced here.
It’s funny to notice the always increasing hordes of so called ecologists, environment-preserving hippies, monopolizing every mass media tool at their disposal. As if we didn’t have enough trouble with the standard anti-American movements.
The most concerning part of all this, is that they get more politicized at each media intervention. Soon they will ask for seats at the congress or what not.
Now don’t get me wrong, I have nothing against ecologic responsibility, as I myself participate when I can in several ways.
But once again, what was supposed to be an individual responsibility at first has been altered into an anti-American propaganda by… the anti-Americans and ethnomasochists. The environmentalists are yet another manifestation of anti-Americanism.
Their concerns are not environmental safety, nor are they really supporting ecology as much as they are supporting anti-Americanism. Actually, most aren’t behind ecology at all.
Not only all they providing yet another politically correct entity for anti-Americanism, as if anti-Americanism wasn’t already widely accepted, but they’re also working against our economic stability and our sovereignty. The worst is that our government is actually funding these kinds of jokes.
Take any governmental or non-governmental environmental or ecologic organization. What do they advocate ?
Buy fuel-efficient cars, recycle, buy used products and much more.
These solutions might seem to be environmentally safe at first, and even help reduce our impact on the environment. They are obviously appealing to the masses due to their nature and the excessive propaganda on the subject.
Unfortunately, they are not helpful to the environment at all compared to real ecological solutions. But the real solutions are well hidden by the obscurantist anti-American medias.
The only real ecology is to buy American. And no environmental organization has ever advocated that as a solution, simply because they are not environmentalists, just anti-Americans.
For once, let’s assume the anti-American myth of American cars being less environmental friendly, less fuel-efficient or more polluting than an imported car.
As all anti-American propaganda, this myth is completely incorrect. Coherence was never the strong point of the anti-Americans.
Even if American products, cars for example, were less fuel-efficient or any-energy-efficient than imported ones, their use is not what is most harmful to our environment.
Cars use gasoline, and most types of gasoline are not pollutant. On the other hands, the cargo ships and freighters use different types of fuel, and much more than you will ever use with any car.
The real pollution is done by sea transports, from freighters notably. But that fact is once again eluded by the anti-American media, including the “environmentalist” media.
Want to help the environment and limit our impact on it ? Don’t import. But these facts will never be publicized by the official “environmentalists”, simply because they are not ecologists, just anti-American.