Why Our Economy is Collapsing
OPS_admin | Mar 25, 2010 | Comments 0
This country imports consumer goods that could and should otherwise be made at home.
The United States is in open competition with the same countries from which we buy our goods and finance our government. These countries supply our consumption while simultaneously competing fiercely against our companies in international markets. Nations like India, Japan, and China, along with trade blocs like the European Union, rail against the U.S. when we use “protectionism” because they do not want to have their unfettered access to our market tampered with.
Other countries, like China and Japan, protect their companies by putting limits and restrictions on the amount of American-made goods flowing into the markets. The United States puts up no such regulations, and is thus flooded with foreign-made goods.
NAFTA, and other “free trade” agreements, favor the foreign producers. We are told by the WTO and the EU that we cannot and should not protect our own economy. Through “free trade” the U.S. must open itself to all foreign interests.
Full Story: Why Our Economy is Collapsing | Economy In Crisis.
Filed Under: Economy - Labor • Featured
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If we don't change our ways soon...
A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: "The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choose to rebalance the use of resources to a more egalitarian pattern of consumption... or we can choose to do nothing and to drift into a downward spiral of economic and environmental ills leading to a more unequal and inhospitable future."This is the same warning that President Jimmy Carter gave Americans back in the 1970's - but it was ignored when Ronald Reagan came to power with a "more positive" message basically telling Americans we can do whatever we want. And then after 9/11 - Bush told us all we should go shopping and consume ever more.And now with corporations calling the shots in Washington - long-term sustainability of the planet takes a back seat to short-term profits. If we don't change our ways soon - and embrace clean, alternative energy and educate women around the plant - then we all could be headed for a rough century.-Thom(Is there any chance we will learn in time? Tell us here.) -
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" We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
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