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General Discussion: News
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14 Messages, Page 1 of 2
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jkhuston
Joined: 6/30/2009
Posts: 37
Draftee
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Jobs & The Economy
Posted: 11/14/2009 10:32 am
Our jobs are not coming back till the rules are changed; and our economy is not coming back till our jobs come back. Like it or not this is true and involves a simple principle of Economics 101.
Economy only grows when something is produced from a resource, like iron ore to steel. All the rest is only turning money over, much like the Super Bowl coming to town. Once this money has turned itself over a few times, the benefits go away. Bank failures, industries closing, stores closing, and yes global warming are all distractive side issues. These are problems, but they are caused by the core issue which is exportation of jobs. The economy will not come back till jobs come back.
We have been exporting jobs, and whole industries, out of the Country for the past 15 to 20 years. We have done this with higher taxes, environmental restrictions, free (but not fair) trade, and now expecting our Government to be the Great Provider. The US became a great nation by producing goods and services for its own people, within its own borders. Any other nation that hitched its wagon on to our movement also benefited along the way.
We can not get out of this mess till we reset the rules to where our industries can once again flourish and provide the jobs for us to grow. The economy will not come back till our jobs come back.
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gerald4
Joined: 2/12/2009
Posts: 290
Veteran
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Reply to post made by jkhuston 11/14/2009 @ 10:32 am
Subject: Jobs & The Economy
Re: Jobs & The Economy
Posted: 11/16/2009 11:54 am
Dear jkhuston:
I believe that real wealth and real monetary value is created only when the members of a family (or a tribe, nation, etc.) plant, grow and/or harvest something of commercial value from the earth; extract something of commercial value from the earth; provide professional services (medical, legal, dental, engineering, architecture, accounting, land surveying, technology, etc.); and/or manufacture or construct something of commercial value that is consumable (or permanently useful for income or rent); and then sells, leases or rents these items and/or services to parties outside of their family in return for a net transfer of gold, currency or commodities from other parties outside of their family into their own family.
The members of that family can reflect their real wealth with the accumulation of grain, gold, cattle, jewels, land, buildings, commodities and/or other marketable products for reserve use in times of emergency, and/or also to raise the standard of living for the members of that family.
I believe that the Biblical Abraham squandered his assets unwisely and then became hungry and homeless when a famine occurred? The USA repeating this action?
When the Biblical Abraham's family faced starvation, Abraham took his family to Egypt where there was grain stored and hoarded by the greedy Egyptians to insure the survival of Egyptians during times of drought and famine.
Abraham and his descendants probably submitted themselves to be slaves of the Egyptians in return for food and shelter.
Martin Luther King stated something to the effect that "Everything that Adolph Hitler did in Germany was legal."
This message was edited by gerald4 11/16/2009 @ 11:55 am
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gerald4
Joined: 2/12/2009
Posts: 290
Veteran
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Reply to post made by jkhuston 11/14/2009 @ 10:32 am
Subject: Jobs & The Economy
Re: Jobs & The Economy
Posted: 11/16/2009 11:57 am
The USA is Bankrupt! Instead of redeeming our freshly printed US dollars and other currency with gold, the US government is allowing these freshly printed US T-Bills, Bonds, or other Securities to be redeemed for title to privately owned businesses, factories, casinos, hotels, farms, land, forests and other privately owned assets located in the USA that were created by previous US generations[b/] to foreigners in order to pay for the manufacture of imported products rather than have US citizens work to produce the things that we consume, and also to pay for growing US government expenses that are in excess of our federal tax collections.
When the USA has no more privately owned land, farms, hotels, casinos, forests and other assets to sell to foreigners in industrial countries in return for freshly printed US Securities, those foreigners will not buy any more of our freshly printed US T-Bills, Bonds, or other Securities. Foreign manufacturers will then stop accepting US dollars for the consumer products that we continue to import. The US government will then not be able to sell any US T-Bills, Bonds, or other Securities to raise US dollars from these foreign manufacturers to pay for our US government expenses and/or our imported consumer products.
Martin Luther King stated something to the effect that "Everything that Adolph Hitler did in Germany was legal."
This message was edited by gerald4 11/16/2009 @ 12:13 pm
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gerald4
Joined: 2/12/2009
Posts: 290
Veteran
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Reply to post made by Troglodyte 11/14/2009 @ 1:09 pm
Subject: Re: Jobs & The Economy
Re: Jobs & The Economy
Posted: 11/16/2009 1:31 pm
Dear Trog:
Transportation, distribution, warehousing, tax collection, sales, marketing, delivery, packaging and other similar services provided within that family (or an organization, tribe, nation, etc.) are necessary to enable and support the original creation of wealth by other basic productive efforts within in that family. These costs are added to the cost of the product that was initially created by other basic productive efforts within in that country. These services are necessary for the export of locally made products to foreign countries in return for foreign exchange and to distribute goods within that family.
Transportation, distribution, warehousing, tax collection, sales, marketing, delivery, assemply, packaging and other similar services provided for imported products just stir the economic pot and provide assistance the US importers that send US dollars to overseas manufactruers to make the products that US citizens consume.
The USA government economic policies, environmental regulations, trade policies, free trade policies, labor costs and other recent factors have caused our wealth generating factories to close. Anticipated future environmental regulations have also caused US companies to close and leave the USA.
Consumer spending (consumer confidence) is only symptom of economic well-being, not the cause of any economic recovery. The population needs to be employed and able to support their families for economic and political stability.
Martin Luther King stated something to the effect that "Everything that Adolph Hitler did in Germany was legal."
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gerald4
Joined: 2/12/2009
Posts: 290
Veteran
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Reply to post made by jkhuston 11/14/2009 @ 10:32 am
Subject: Jobs & The Economy
Re: Jobs & The Economy
Posted: 11/16/2009 1:57 pm
Paying people to rake leaves, pave roads, build infrastructure, plant trees, dig holes then refill the same holes, clean up the environment, write poems, paint pictures, bailout financial investment failures, take photographs of crufixes in urine, etc. with U.S. dollars borrowed from industrialized nations is nice, but these jobs will not be useful or contribute anything to correcting the basic U.S. economic foundation problem which is borrowing U.S. dollars back from foreign industrialized nations to pay for the foreign trade deficit and the federal government spending deficit.
Martin Luther King stated something to the effect that "Everything that Adolph Hitler did in Germany was legal."
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gerald4
Joined: 2/12/2009
Posts: 290
Veteran
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Reply to post made by jkhuston 11/14/2009 @ 10:32 am
Subject: Jobs & The Economy
Re: Jobs & The Economy
Posted: 11/16/2009 2:32 pm
The only thing that will create/save US jobs, preserve/restore the buying power of the US Dollar is reversing the trade deficit, reducing US government borrowing, and reducing the US government spending in order to start re-building the USA gold reserves which is the basis of the buying value of the US dollar. Only a positive balance of trade will eventually restore the value of the dollar, and we must accomplish this by any means possible, or we shall have to accept third world poverty for the majority of our citizens. The only way to do this is to produce and export more (dollar value of) things than we import. The only way that we can accomplish exporting US made products is to re-industrialize and make these products, hopefully with mostly US materials & Labor. The only way that our products will be sold abroad is if these products are either technologically superior, or cheaper. US citizens must manufacture and sell things to foreign countries in order to get US currency back from foreign nations in order to buy back the privately owned US assets sold to and now owned by foreigners.
US Government jobs generally do not produce any of the food, shelter, and clothing required to sustain life in the USA. The communist form of government where everybody works for the government because the government owns everything does produce the food, shelter, and clothing required to sustain life. Most of the people in communist countries want to work at something other than producing the produce the food, shelter, and clothing required to sustain life. They become a nation of non-producers wanting the producers to work harder and produce more and more so that they can keep themselves busy as musicians, poets, social workers, philosophers, historians, politicians, bureaucrats, administrators, economists, artists, money managers, etc., and let others work to produce the food, shelter, and clothing required to sustain the life of the nation while they play.
Martin Luther King stated something to the effect that "Everything that Adolph Hitler did in Germany was legal."
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