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The United States Is Imploding, On The Eve Of Destruction.
INVESTMENT WATCH BLOG ^

Posted on 01/24/2015 6:04:06 AM PST by alexmark1917

The United States is gradually, but unrelentingly, destroying part of itself. The facts to support this are well-documented, told in many ways from past to present.

The most egregious example of Americide is our country's treatment of African-Americans. Almost everyone agrees about the evils of slavery, once dismissed simply as a Peculiar Institution. But a debate goes on about reparations, with passionate arguments on both sides, ranging from a demand for a Reparations Superfund for jobs and education, to a claim that blacks actually benefited from slavery because of the years of 'reparations' received through poverty programs.

Reparations opponents insist that there is no clear modern connection to the era of slavery. But there is a connection, and it's exhibited in the many profitable corporations -- manufacturers, banks, insurance, railroad -- that had their roots in slavery. Reparations haven't been paid, or, if they have been extended in the form of poverty programs, they haven't worked. Standards of living for blacks have worsened relative to whites in the past half-century. Many of the modern-day practices of our free-market capitalist system are at least partly responsible for this.

1. United States Corporations Are Partly Responsible for the Sale of Human Beings

Horace Greeley, Editor of the New York Tribune and an abolitionist, described a slave auction: "The negroes [Blacks] were examined with as little consideration as if they had been brutes indeed; the buyers pulling their mouths open to see their teeth, pinching their limbs to find how muscular they were, walking them up and down to detect any signs of lameness, making them stoop and bend in different ways that they might be certain there was no concealed rupture or wound.."

The kidnapped human beings on the auction block, 500 of them, stood nervously waiting as the buyers lit cigars and studied their log books, scanning the list of 'chattel' available to them, preparing to start the bidding. The facial expression of each person commodified into a slave stepping on the auction block was the same -- anguish about an unknown future, despair at the thought of never again seeing their loved ones.

...

Corporations linked to the present day had a lot to do with these slave sales:

----Wall Street: Banks made loans to slave owners, processed transactions through the New York Cotton Exchange, and held slave auctions outside their doors. JP Morgan, Bank of America, and Wachovia (Wells Fargo) admitted the roles of their predecessor banks.

----Manufacturing: The textile industry was so vital to northeastern states that the mayor of New York City turned against the Union, encouraging citizens to support "our aggrieved brethren of the Slave States."

----Insurance: Companies like Aetna and New York Life issued policies protecting slaves as property.

----Railroad: Predecessors of the Norfolk Southern leased slaves for year-long terms of hard labor.

2. United States Corporations Are Partly Responsible for the First Vagrancy Laws

These are the Pig Laws of a century or more ago, which penalized trivial - sometimes nonexistent - offenses, in a similar manner as the Broken Windows policies employed today. A 'vagrancy' offense got 22-year-old Green Cottenham arrested in 1908.

...

3. United States Corporations Are Partly Responsible for WW2 Slave Labor

Slave labor in the Nazi years generated massive profits for many of our most prominent corporations.

----Ford Motors: Henry Ford, who had published "The International Jew: The World’s Foremost Problem," was a friend of Nazi Germany. His company used prison labor to produce a third of the military trucks for the German army. Ford's German affiliate was called an "arsenal of Nazism."

----General Motors worked with the German company that built Auschwitz.

----IBM was responsible for the punch card machines that allowed the Nazis to tabulate train shipments to the death camps.

----Numerous other companies were involved. General Electric partnered with a German company that used slave labor, and invested in the builder of gas chambers. Kodak used prison labor for the manufacture of German arms. Nestle admitted acquiring a company that used forced labor during the war.

4. United States Corporations Are Partly Responsible for Today's Deadening Racial Oppression

They may not be the mine shafts of Tennessee Coal, but modern private prisons such as Corrections Corporation of America and G4S generate massive profits, selling inmate labor to corporations like Chevron, Bank of America, AT&T, and IBM. Nearly a million prisoners work in factories and call centers for as little as 17 cents an hour.

http://www.truth-out.org/buzzflash/commentary/paul-buchheit-the-united-states-is-committing-suicide

US Economy Will Implode, Helpless in Face of 'Financial Pearl Harbor

Peter Schiff warns the United States will win the global currency war, but we will pay a heavy price for the “victory.”

Schiff, the CEO of Euro Pacific Capital and a long-time critic of the Federal Reserve, says the U.S. economy will “implode” due to the measures enacted by our government to win the war, including artificially low interest rates and multiple rounds of quantitative easing (printing money).

The reason, Schiff explains, is the current monetary policy is unsustainable. “We're broke. We owe trillions. Look at our budget deficit, look at the debt-to-GDP (ratio), the unfunded liabilities,” Schiff added. “If we were in the eurozone, they would kick us out.”

Agreeing with Schiff’s pessimistic outlook is Marc Faber, the noted Swiss economist and investor. Faber says the United States is facing a systemic crisis, and “eventually everything will collapse.” Like Schiff, Faber also holds the Federal Reserve responsible for the country’s problems, but acknowledges that Fed Chairman Ben Bernanke isn’t alone in destroying the dollar.

http://www.moneynews.com/MKTNews/americas-economic-pearl-harbor/2013/02/14/id/490495/


TOPICS: Business/Economy
KEYWORDS: currency; economy; imploding; marcfaber; peterschiff; slavery; unitedstates; wallstreet
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To: Cringing Negativism Network
Why America is destroying itself: “If we ever forget that we're one nation under God, then we will be one nation gone under.” ― Ronald Reagan
41 posted on 01/24/2015 8:14:08 AM PST by stars & stripes forever (Blessed is the nation whose God is the Lord.)
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To: Nip

April 8, 1865? So where were my ancestors then? Scotland? Poland? Lithuania? Mohawk tribal lands? Hey, maybe use my 1/16 Mohawk (not enough to qualify for tribal membership BTW) and play the Fake Indian card! That’s the ticket!


42 posted on 01/24/2015 8:38:50 AM PST by Fred Hayek (The Democratic Party is now the operational arm of the CPUSA)
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To: alexmark1917

They got their reparations already- it was called the “New Deal” and the “Great Society”.


43 posted on 01/24/2015 8:40:01 AM PST by GenXteacher (You have chosen dishonor to avoid war; you shall have war also.)
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To: alexmark1917

‘reparations”

How about they get them from the Africans that sold them into slavery? Or the Muslims that raided their villages and captured them? No? Of course not its only the evil Americans that are ever wrong about anything.......


44 posted on 01/24/2015 8:44:28 AM PST by SECURE AMERICA (I am an American Not a Republican or a Democrat.)
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To: DirtyPigpen
We should give every black adult, who can trace their lineage to slavery, $10k. After that, end all affirmative action and special treatment.

Truly, I believe the best gift to give blacks, or any minority, is to end all affirmative action, quotas, set-aside, etc. Forget the $10k. Every one gets treated the same.

45 posted on 01/24/2015 9:16:40 AM PST by VRW Conspirator (American Jobs for American Workers)
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To: alexmark1917
What a complete piece of fecal material. No single person I have ever met in the United States ever owned slaves. 600,000 American men died many generations ago to free blacks and whites. Many of the slave owners were blacks.

That said, if 10 percent of our populations refuses to work they can starve, or go to another country in Africa where things are obviously much better...
46 posted on 01/24/2015 1:57:25 PM PST by Jan_Sobieski (Sanctification)
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