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Free Trade is a myth.
The monetary system we have been using since the 70's has been manipulated
in America's favor.
The gold standard was dumped under Nixon cause of our war debt.
Other countries have been basing their currency on the dollar since WWII.
Currency speculators make attacks on smaller countries currency which
devalues it for quick profit.
Our banks with the backing of the federal reserve and the IMF have been
unfairly making huge profits with massive loans
to these countries.
The Asian market crashed in the 90's due to western banks unfairly manipulating
currency sytems. But they were
supported cause the entire global market is based on the dollar. Many
Asian banks went belly up and they were immediately grabbed up by western
banks.
WE DOMINATE with the use of very undemocratic monetary managing principles.
Very similar to the Roman monetary domination that Jesus railed out against
in his time.
Remember the story of Jesus in the temple. He had a huge problem with
these tactics.
But now these same tactics are being used by the country that uses a currency
that reads IN GOD WE TRUST.
They have all but eradicated the rules governing proper banking management.
They used to have to have a specific capital amount to back up risky loans.
Now they are taking huge risks and this requires tax payer money to bail
them out of risky and irresponsible investments.
Just like Neil Bush when the savings and loans investments failed and
we taxpayers bailed them out to the tune of millions of dollars.
And the Federal Reserve is a collection of banks that police themselves.
Foxes guarding the henhouse.
We USA citizens have no say how these monetary systems run themselves.
It is very undemocratic and in reality do not promote democratic principles.
In the 60 and 70's we attacked the monetary sytems of latin america so
the dollar would be the dominant currency. Now many latin american currencies
have abandoned their own currency cause they could not manage the large
debt to western banks with their own currency.
It's either dollarize our sell off all their water,trees and mineral rights
at fire sale prices.
Half of our economy gets its money from real estate and land resources
which destroys the use arable land.
We are trading good land for money circulation which will destroy future
generations use of it.
Free trade is a huge lie.
World growth is a big misunderstanding.
We have centralized the power of resources and assets into the hands of
the few. And wealthy countries like ours reap the benefits of a very corrupt
economic model.
Plus our government is too cozy with the corporate clan so they reap unfair
advantage with tax payer subsidies which makes it impossible for smaller
countries to compete in the global marketplace. They do not have a huge
tax base to steal from like our country does.
There is hope though. New economic models are being developed to help
equalize the distribution of wealth and they are also
trying to create monetary systems that will take the environment and natural
laws into account.
The current corporate and banking structure will be very threatened by
any change of the status quo.
I think we should get rid of interest rates so people do not get such
heavy rewards for making money off money.
We should be using our monetary system to create a more humane and healthy
society instead of amassing wealth for the few.
AND sucking dry the land and resources to create profit is just massively
destructive.
Also- we have to get rid of the LIMITED LIABILITY of modern corporations.
Stockholders should bear the weight of bad management and poor environmental
stewardship.
Currently it is the taxpayers that pay the price for poor management.
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My buddy Larry Cudlow, CNBC is sure upset over the US politicians voting
in the direction of a 35% tariff on everything from China.
Wish more folks were in support of free trade, capitalism, world growth.
What side are you folks on?
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