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Who is "Economy in Crisis"?
Economy In Crisis ^ | 03-30-2016 | Economy in Crisis Website

Posted on 03/30/2016 1:21:12 PM PDT by Uncle Miltie

The rapid deterioration of our economy is attributable to the wholesale liquidation of our best companies to foreign interests. The U.S. has sold more than 16,000 of our best companies in the last 30 years to these foreign interests. This trend erodes our ability to generate earnings, and tax revenues to sustain our current standard of living – resulting in our reliance on imports thus creating uncontrolled and escalating foreign debt.

Holding our debt our jobs and the production of our goods, foreign countries have ultimate leverage over our policies and our future. If we allow this to continue, it will cause our economy to take on a profile similar to a third world country in that we will no longer be providing for ourselves. This direction would ultimately head toward colonial status as America was in 1776; owned controlled and managed by foreign masters.

The American sellout is happening faster than ever as our companies are being taken over in a buying frenzy by foreign investors – like piranha consuming its weakened prey. Many of these companies have taken one hundred or more years to develop and were the source of our wealth, strength, and living standards; now overnight, gone. We should be concerned and even outraged that our government let this happen.

• So-called “free trade” systematically destroys our ability to produce products competitively

• Stronger regulations should be put in place restricting foreign purchasing of US companies

• Economic policy should be derived from facts and results not merely theories and blind faith

• As citizens and consumers we have the power to effect change

• We need grassroots support of our citizens regardless of political, social, or religious affiliations

• We need true political, corporate, and industry leadership and patriotism to preserve and foster the strength of this country, its citizens, and it industries


TOPICS: Business/Economy; Constitution/Conservatism; Extended News; Government; Israel; War on Terror
KEYWORDS: airamerica; anticonservative; antireagan; economy; greatdepression; isolationist; israel; jerusalem; letshavejerusalem; patchoate; paulcraigroberts; paulroberts; ronpaul; ronpaulnuffsaid; thomhartmann; waronterror
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To: Uncle Miltie

We hear Thom on Sirius once in a while, when commercials are running on the Patriot channel. He appears one channel up.


21 posted on 03/30/2016 1:43:59 PM PDT by Tax-chick ("The world is full of wonder, but you see it only if you look." ~NicknamedBob)
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To: Uncle Miltie

I can post the original links which I am going to do from now on. The web site is nothing but a re director to the original content just like Free republic. What an idiot how long you been using the internet, a week?


22 posted on 03/30/2016 1:45:50 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: major-pelham
The problem is that the Republican Party owns the issue of Free trade and cannot seem to realize that vast majority of Americans hate it. And for good reason.

The Democrats were the traditional labor party but it has let go of that constituency so we end up with weird associations of disparate groups all on the same side of a critical issue with the two major parties and the MSM on the other side totally ignoring the most critical issues of our time. the border and the economy.

23 posted on 03/30/2016 1:54:41 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Uncle Miltie; central_va
Don't forget the Ralph Nader/Public Citizen contributors at EconomyinCrisis.

Central_va finds them especially conservative. You are known by the company you keep.

24 posted on 03/30/2016 1:57:43 PM PDT by Mase (Save me from the people who would save me from myself!)
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To: major-pelham

While duties, fees and tariffs may be in the Constitution, it doesn’t mean it is necessarily wise to continue them. They are optional. We retain the option not to implement them, for example.

:-)


25 posted on 03/30/2016 1:57:52 PM PDT by Uncle Miltie (No vote has been changed due to an FR post in about 2 months. Chillax.)
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To: Regulator

You agree with Ralph Nader on trade? Yeah, I’m sure his goals have the best interests of the American middle class in mind.


26 posted on 03/30/2016 2:01:01 PM PDT by Mase (Save me from the people who would save me from myself!)
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To: major-pelham

“...there was still a manufacturing base...”

“China Acquiring USA One Country at a Time”

“What’s the best way for a country like China to exert its influence over the U.S. economy? Acquire American-owned companies like Chinese-owned Haier just did when they purchased General Electric’s (GE) appliance business for $5.4 billion.

“So much for American independence and authentic Independence Day celebrations on July 4th.

“America can no longer claim to be an independent nation when our manufacturing base is under foreign ownership or foreign control. After all, ownership equals control, and control equals sovereignty. We lose our sovereignty as a nation when foreign companies buy our land, factories, and companies.

“How so? Because the more Chinese and other foreign companies establish ownership of American assets, plants and factories, the more they have the right to demand how our U.S economy is run, because how it is run affects them, too.

“Like the reporting you see here? Sign up for free news alerts from WND.com, America’s independent news network.

“So since GE’s appliance business (not the entire company) is now under foreign ownership and therefore foreign control, what options are left for patriotic American consumers who want to keep profits, jobs, and tax revenue within the borders of the United States?

“Whirlpool just happens to be the only remaining major American-owned appliance company in the United States, and we need to support them with our consumer dollars when we shop for appliances. Whirlpool owns such popular brands as Maytag, Amana, KitchenAid, and Jenn-Air.”

http://www.wnd.com/2016/03/china-is-acquiring-u-s-a-one-company-at-a-time/?cat_orig=world


27 posted on 03/30/2016 2:02:49 PM PDT by Carthego delenda est
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To: central_va

If he is wrong on everything else, why should we believe he is right on trade?


28 posted on 03/30/2016 2:08:26 PM PDT by Boogieman
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To: central_va

“Instead of criticizing the critics how about challenging the content presented?”

From my experience challenging the content you present, you are more interested in calling people names than engaging in reasoned debate.


29 posted on 03/30/2016 2:11:13 PM PDT by riverdawg
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To: Tax-chick; All

“The rapid deterioration of our economy is attributable to the wholesale liquidation of our best companies to foreign interests. The U.S. has sold more than 16,000 of our best companies in the last 30 years to these foreign interests. This trend erodes our ability to generate earnings, and tax revenues to sustain our current standard of living – resulting in our reliance on imports thus creating uncontrolled and escalating foreign debt.

Holding our debt our jobs and the production of our goods, foreign countries have ultimate leverage over our policies and our future. If we allow this to continue, it will cause our economy to take on a profile similar to a third world country in that we will no longer be providing for ourselves. This direction would ultimately head toward colonial status as America was in 1776; owned controlled and managed by foreign masters.

The American sellout is happening faster than ever as our companies are being taken over in a buying frenzy by foreign investors – like piranha consuming its weakened prey. Many of these companies have taken one hundred or more years to develop and were the source of our wealth, strength, and living standards; now overnight, gone. We should be concerned and even outraged that our government let this happen.

• So-called “free trade” systematically destroys our ability to produce products competitively

• Stronger regulations should be put in place restricting foreign purchasing of US companies

• Economic policy should be derived from facts and results not merely theories and blind faith

• As citizens and consumers we have the power to effect change

• We need grassroots support of our citizens regardless of political, social, or religious affiliations

• We need true political, corporate, and industry leadership and patriotism to preserve and foster the strength of this country, its citizens, and it industries”

Somebody please tell me what is wrong with any of this?


30 posted on 03/30/2016 2:17:05 PM PDT by stephenjohnbanker (My Batting Average( 1,000) since Nov 2014 (GOPe is that easy to read))
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To: Regulator

I agree word for word with you, and I never heard of this site, or the author..


31 posted on 03/30/2016 2:18:31 PM PDT by stephenjohnbanker (My Batting Average( 1,000) since Nov 2014 (GOPe is that easy to read))
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To: stephenjohnbanker; Uncle Miltie
I wouldn't say his bullet points are "wrong," but they're vague. For example:

As citizens and consumers we have the power to effect change.

That's true, as a generalization, but what does it mean specifically? "We" have the power "to effect change," okay, but that doesn't mean "we," or I, have the power to achieve the specific changes - economic, social, political - I want right now. Perhaps there are others, more numerous than I, trying to "effect change" in a contradictory direction.

We need grassroots support of our citizens regardless of political, social, or religious affiliations.

Who is "we" in this context? What does the person behind the "we" want all the citizens to "support," specifically? Our system is built on the premise that citizens have different interests and goals, some based on "political, social, or religious agendas," and some based on pure whim or personal taste. We have social and legal means to pursue our varying goals, with the understanding that others are using the same means in their own interest.

32 posted on 03/30/2016 2:36:20 PM PDT by Tax-chick ("The world is full of wonder, but you see it only if you look." ~NicknamedBob)
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To: Tax-chick

I gather he meant we have the power to vote the Criminal Class out of office, based on his arguments. If we don’t, we are finished as a world power.


33 posted on 03/30/2016 2:42:15 PM PDT by stephenjohnbanker (My Batting Average( 1,000) since Nov 2014 (GOPe is that easy to read))
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To: stephenjohnbanker

“We have the power” to vote any incumbent out of office, in theory. However, it’s extremely rare for us to do so, regardless of who the incumbent is. Also, even if we do vote out incumbents, replace the whole batch of them, how can we ensure that the new legislators will drastically change the system in exactly the way we want them to? Do even they “have the power”? (And this is assuming “we” agree on what we want from them, a parlous premise.)

It’s not a rhetorical question. Here in North Carolina, a Republican Governor and state legislature (both houses) are attempting to dig us out from generations of Democrat control. Even when they’re making their best effort, it’s a hard, slow, slog.

The author seems to be saying, “If everyone agreed with me, if everyone voted as I would and acted as I do in the marketplace, then we as a society could accomplish my goals.” I’ve said very similar things myself (and also, “If only Tom were global dictator ...”). However, once one has said this - true as far as it goes - that’s kind of the end.


34 posted on 03/30/2016 2:49:33 PM PDT by Tax-chick ("The world is full of wonder, but you see it only if you look." ~NicknamedBob)
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To: Tax-chick

We need a major upheaval in Congress. The people must vote most of them out of office. The vast majority of them are OWNED slaves, albeit well compensated ones. Pie in the sky thinking? Who thought a man with ZERO political experience had a chance to become POTUS? The people finally woke up. Will it last? I don’t know, but the country is being sold to the highest bidder, along with our good jobs. It’s crunch time in America.


35 posted on 03/30/2016 2:57:23 PM PDT by stephenjohnbanker (My Batting Average( 1,000) since Nov 2014 (GOPe is that easy to read))
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To: stephenjohnbanker
There area couple of wienies that don't like that non approved people complimented the economyincrisis web site. This is the latest attempt at stifling the anti Free trade argument.

I say deal with the content because I will take the truth anywhere I can get it. I can't really find too much wrong with the web site except it does have a few Robert Reiiiiiiiiiiich articles. 90% of the posters I've never heard of but they do a good job at presenting the material. Not one indication of being pro union.

36 posted on 03/30/2016 3:04:47 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

I have lived in the USA, London, Austria, Kuala Lumpur, Bangkok, Singapore, and Sydney. ALL of the people I am friends with say America is committing economic suicide. They also praise Singapore and Malaysia for open markets, and slashing taxes by 60%. Both are booming as a result. Free trade? LMAO

It doesn’t exist anywhere in the world. The deals we negotiate at any given moment are our free trade, be it a shrewd deal, or a sucker deal.


37 posted on 03/30/2016 3:13:17 PM PDT by stephenjohnbanker (My Batting Average( 1,000) since Nov 2014 (GOPe is that easy to read))
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To: stephenjohnbanker

I think the problem is less the Congress than the people who elect them.


38 posted on 03/30/2016 3:49:06 PM PDT by Tax-chick ("The world is full of wonder, but you see it only if you look." ~NicknamedBob)
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To: Tax-chick

If you have to wretch at the choices, it isn’t by accident. I would not pull the lever for Romney. McCain outspent Hayworth $21,600,000 to $1, 800,000. That wasn’t an election, merely an acquisition.

Either we clean house,regardless of the affiliation of incumbents, or I say we are pretty much done for. There are only around six people in all of Congress who are worthy of office, anyway : )


39 posted on 03/30/2016 3:56:45 PM PDT by stephenjohnbanker (My Batting Average( 1,000) since Nov 2014 (GOPe is that easy to read))
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To: stephenjohnbanker

Elected office tends to attract yammering gerbils. I believe it was P.J. O’Rourke who said an honest answer to, “Why are you running for Congress?” would be “To get out of the Midwest and meet some girls.”

Term limits would be a help. Also the elimination of pensions and any other lifetime benefits. Let ‘em use 401k’s and Medicare.


40 posted on 03/30/2016 3:59:59 PM PDT by Tax-chick ("The world is full of wonder, but you see it only if you look." ~NicknamedBob)
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