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Tuesday, March 04, 2008

A REALITY CHECK

A REALITY CHECK

The prophets of the old were not despised because they preached the word of gods, they were disliked because they told people to change their ways and customs, to do things differently or they would be doomed.

So is the story today, people from all walks of life are following McCain, or Obama or Clinton because none of them asks for any sacrifices or warns of the catastrophe facing our country if we do not change our ways, do not tell us that the land of milk and honey may turn into a “blooming desert” soon if we do not do things differently.

Over a period of time, I have been called a communist, a socialist, a fear mongered, anti-American, un American and a few other unprintable names but my message is the same, we can not go on down this road, we must change our ways, and change they way we live. It was five years ago when the Dothan Eagle published my first warning about the run away spending and the consequences of federal deficits under the title “Whose Money”. The day of reckoning may yet not be tomorrow, but it is five years closer, we have waited for a deliverer a lot longer.

Any one can go to a political rally hoping that the “One” is the deliverer, only if he or she could get elected the things will get better, the sky will open up and the sun will shine again. Our house values will rise and we will be able to borrow more and spend like there is no tomorrow and the gas will be a dollar a gallon. WAKE UP!

Call it the decline in the value of the dollar, rise in the commodity prices, bursting of the housing bubble, there are only three reasons for the economic mess we have. One is the federal deficit spending, and to the out sourcing of the American manufacturing, and we like to live way beyond our means.

Take the second here first, as we all have been told, our trade deficit with the other countries has been increasing steadily for the last thirty years or so. The main reason for this is NOT that we buy more from overseas, the main reason is that our industrialists and the globalist i.e. the bankers and the government have moved our manufacturing overseas where they can pay people slave wages while we produce nothing. Since we produce nothing (add value to a product or raw materials) we in reality don’t have any “income“. Since we do not have any income the government is forced to print money it does not have, or borrows it from overseas. Our housing problem is causing banking problems in Europe, to illustrate the relation.

We spend this borrowed money to buy goods from overseas, so what happens?
What happens is that now countries like China and India have growing economies, thus they open factories and generate profits and then buy cars and homes. Our borrowed money directly contributes to the development of overseas economy and they buy oil from the Middle East and the price of oil goes up. And we the American people are stuck with the bill twice, once to pay for the federal debt, and once to pay more for goods that were supposed to be cheaper if made overseas.

The solution, the only solution now is the change in the way , we, the Americans, live, a change in our thinking, and a change in our standard of living. Today we have a choice, we can refuse to spend money, we can demand that manufacturing be returned from overseas, we can choose to buy only goods made in America and ask our rich to reopen local factories, we can choose to pay a bit more for the goods made in America, or soon we will not have these choices, one way or another.

What difference is there if a junky buys heroine produced by Islamists in Afghanistan or you buy oil from a mid east country, the money could always end up with the “terrorists”. What difference does it make if we sell the technology to the Chinese to make missiles directly or give them the money through trade for them to improve their military? We are selling ourselves out, all the same.

In a Bill Cosby LP, back in the seventies, a neighbor asks Noah who is building an ark, “Noah, what you are doing?”, “how long can you tread water” Noah replies, in there, there is a message.

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