Entries Tagged ‘free trade’

China the new face of global domination

Lets talk about history for a couple of minutes, then let’s move onto the heart of this article.  One of the main reasons Germany was defeated in WW II was the United States and Russia produced more tanks, planes, ships and guns than Germany. We had the resources where Germany did not.

World War II boiled down to numbers. Where Germany could only produce a certain amount of tanks, trucks, planes, and lacked raw materials such as oil and iron deposits, the United States and Russia had no such limitations.

For 35 – 40 years after World War II, or until the late 1970s and early 1980s the United States was the worlds production powerhouse. We made everything from toys to Intercontinental Ballistic Missiles. The economy was strong, there was a thriving middle class who could afford to buy a home, buy a car or truck or both, have a family, times were good.

Then along came corporate greed and free trade. Wall street not satisfied with the profits they were making decided to move the factories to China, exploit low wage workers, then close the factories here in the states which as led to the death of the middle class.

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Time To Batten Down The Hatches

As I said in a previous post, 2013 – 2020 is going to be an interesting phase in American history.

China is set to surpass the United States as the worlds largest manufacturer.

North Korea is starting up a nuclear reactor that in one year can produce enough weapons plutonium for a nuclear weapon.  This puts the world on a one year timeline.  Either something has to be done about North Korea within the next year, or the world sits back and allows this rogue nation to develop more nuclear weapons.Evinrude 30 Horsepower Angelina River Texas

Sanctions are not working against Iran.

Social Security disability is going broke, with around 14 million people already drawing benefits and 250,000 new applicants every month.

Eurozone facing historic unemployment rates.

Russia set to increase trade with Europe to $500 billion.

In other words, the United States and Europe are going broke, while Russia and China are poised to become world financial leaders.

BRICS

United States dominance in the world financial market is about to come to an end. Brazil, Russia, India, China and South Africa have come together to form BRICS; which is going to offer developing nations financial security without having to go through the International Monetary Fund (IMF).

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Our Shared Financial Future

There is an old saying, “no man is an island.”  What affects my neighbor also affects me. If we take a look around the United States and Europe, we see one thing in common, the banks driving the nations into bankruptcy.

Whether its the United States, Cyprus, Spain,,, banks have made so many bad loans they have to be bailed out, and at the expense of the tax payer.

In the long run this spells out two things – the banks end up with property is made bad loans on and later repossessed, and then the tax payer is in debt to the banks for their bad loans.

Cyprus – We should all be concerned about bank bailouts, and we should especially be concerned about what is happening in Cyprus. Instead of taxing the organizations who can afford it, the government is going to take 10% from all savings accounts across the nation.

Saving to buy a home?  Saving to put your kids through college?  Well, 10% of your money just disappeared.

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The Writing Is On The Wall

The writing is on the wall, the United States is a on road of steady decline, and the U.S. government is preparing for widespread civil unrest.

Now for evidence to backup my statement:

China is Now the Biggest Trading Nation of the World – Forget trading with the United States.  Since the 1990s we have given our factories and our jobs to China.

The dollar is being replaced as the world currency – Now that China has the factories and the jobs, it’s just a matter of time before the before the Chinese yuan replaces the U.S. dollar.

What is the dollar backed by? A promise to repay our debt, and nothing more. What is going to happen when our debt grows to a point where it can not be repaid? Is the federal reserve going to print more money, which will fuel inflation?

The U.S. dollar is backed by nothing. Now its a matter of time before the rest of the world realizes that.

Homeland Security wants to buy more than 1.6 billion rounds of ammunition in the next four or five years – 1.6 billion rounds? How much ammunition do we need to fight a major conflict, say maybe with China?

Drones over U.S. soil – I sure hope those drones are being used in our war on drugs.

National Defense Authorization Act (NDAA) – Just like what happened to Native Americans and Japanese Americans, get ready to be detained without due process, and as long as the government wants.

US Economy Shrank 0.1 Percent In Last Quarter 2012 – The largest shopping time of the year, and the economy shrinks?  Something is seriously wrong there.

Get Your Preps In Order

How does someone prepare for a slow decline? Wages have been stagnated since the 1990s while prices on everything else continue to go up.  The middle class is being forced into poverty, while our infrastructure collapses around us.

We are in a war of attrition with the wealthy, and sooner or later Wall Street is going to win.

Maybe homeland Security is buying ammunition for when the middle class finally collapses?  When people can not afford to buy food and pay rent, something will have to give.

China Outpaces United States As Worlds Largest Trade Partner

For those of us who have been watching the United States decline since the signing of GATT and NAFTA, we knew it was just a matter of time before the United States was no longer a world leader.

When Bill Clinton signed the GATT and NAFTA trade treaties, we knew it just a matter of time before the U.S. slipped into irrelevance.

U.S. exports and imports for the year 2012 totaled $3.82 trillion.

China’s exports and imports for the year 2012 totaled $3.87 trillion.

Decline of the United States

For the past 20 years free trade has stripped the United States of our factories. If you wanted to start with when the U.S. took its first step towards decline, we need to go back the the 1970s as toy manufacturers moved their factories to china.

In the early to mid-1980s shipyards all across the southern part of the United States shutdown. In southeast Texas alone close to 10,000 people lost their jobs when Bethlehem shipyard in Beaumont Texas and and Livingston shipyard in Orange Texas closed. Those good paying jobs disappeared and have yet to return 3 decades later.

Where did those jobs go? To low wage nations in Asia.

How much more can the middle class take

Wages have been oppressed since the 1990s, which is one reason why I left the welding field.

Price of everything keeps going up while wages are stagnated.  How long until the collapse of 2008 are regular events?

The middle class can barely afford to buy food and pay their basic bills, much less save to buy a home.

 

Post Office Saturday Delivery A Sign Things To Come

The reason why the post office is having problems, they are not allowed to have a cash surplus. Any profit the post office makes has to be turned over to the federal government.

Like all other federal programs, the post office has been raided to fund other projects – military, welfare, food stamps, foreign aid,,,.

It’s not that the post office is broke, its federal governments out of control spending that is the problem.

The United States is bankrupt, and its just a matter of time before the bill is due.Kevin Felts, blogger and survivalist

Instead of making companies like google and exxon pay their fair share in taxes, the government gives tax breaks to corporations, taxes the middle class, then bankrupts programs like the post office.

Our roads are falling apart, the US is lagging behind on internet access, our standard of living is declining, social security and social security disability are going broke, and now the government is cutting out saturday delivery of the mail.

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State Of The Nation February 2013

While shopping at the local wal-mart here in Jasper Texas, I noticed a couple of things that made me stop and think.  One issue was the availability of ammunition, or rather the lack of ammunition.  The other issue I am deeply concerned about was the price of a whole fryer chicken.

Ammunition – Everyone and their brother and sister is panic buying all the ammunition they can get their hands on.  If civilians can strip the market of all available ammunition, where would this leave the United States if we entered a real war?  Iraq and Afghanistan are not “real” wars, they are minor conflicts.  The Iraq military is not bombing New York, L.A., Houston or Dallas, tens of thousands of US citizens are not dying every week, its not like in World War II when food and fuel were being rationed,,,.Speckled Sussex, Australorp, Barred Rock and Rhode Island Red

The United States has some minor conflicts going on, but for some reason the store shelves have been empty of ammunition for close to a month and a half?

How would this translate if/when we have a major war with China?  The conflict does not have to be with China.  Lets replace China with <any major world power>.

Over the past few decades firearm manufacturing has been consolidated to a just a handful of companies.  there are a lot of companies out there, but very few of them manufacturer all of their own parts.  the situation is much worse with ammunition manufacturing.  Part of our national security depends on our ability to produce weapons of war.  The question I am asking myself is if the manufacturing base can keep up with demand.  Since the Sandy Hook shooting demand has been outstripping supply.

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US Economy Shrank 0.1 Percent In Last Quarter 2012

Surprise, surprise, surprise, the US economy shrank 0.1% in the last quarter of 2012. That 0.1% may not seem like a lot, but the real story its much worse then 0.1%.

Take these factors into consideration:

The economy shrank during the biggest spending time of the year – Thanksgiving and Christmas. If the economy shrank during Christmas, that says people do not have expendable income.Kevin Felts, blogger and survivalist

The economy shrank during one of the biggest panic buying phases in the firearms industry since the 1994 assault rifle ban.

Not only were people spending money on Christmas, but they were also buying all the guns, ammunition and magazines they could get their hands on,,,, and the economy still shrank.

One thing that caused a slowdown in the economy was a reduction in military spending.  The question I have to ask, why does government spending play such an important roll in the economy?  Maybe the government does not want the people to know how bad the economy really is?

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Random Thoughts January 27 2013

The nation is screwed, and I mean royally screwed.

National Debt

The government is so far into debt, there is no way future generations can pay off the debt. As of the posting of this article the US Government is $16.4 trillion in debt. With credit card debt and student loan debt, we owe more like $58 trillion.Kevin Felts, blogger and survivalist

We are throwing millions of dollars to illegal immigrants. Between 2009 and 2011 we spent around $91 million on health care for illegal immigrants.

Social Security disability is expected to go bankrupt by 2016.

Congress is looking for ways to allow millions of illegal immigrants to become citizens.

If the nation is broke, how are we supposed to bankroll millions of new people collecting benefits?

Kidney stones suck

We were supposed to go to the homestead this weekend.  But on friday I started having pains so bad I had to take some Vicodin – which I have a prescription for.  The stupid stone did not pass over the weekend.

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Wages Slipping for Skilled Workers

I spent 15 years in the welding field, was an ASME certified welder, built ASME certified pressure vessels and heat exchangers. The fabrication shops I worked at are in southeast Texas and Southwest Louisiana.

From 1986 – 1999 I saw wages eroded by inflation and greed by the employer.

One employer never gave raises, what you hired on at is what you made. After you were there for 3 months you “might” get a 25 cent raise, but never anything after that.

Another employer, their idea of a raise was 25 cents a year. That 25 cents was easily eaten up by inflation.

Today (2012), I would have to make between $66,000 – $67,000 to have the same standard of living that I had in 1990 when I was 22 years old. That $66,000 – $67,000 is just to maintain that standard of living, and not to improve it.

Welding shops in the area are not paying anywhere near that much these days. The last welding shop I worked at, I made around $45,000 a year.

Its not just a matter of low-skill jobs being associated with low wages, wages for skilled craftsmen have not kept with with inflation or minimum wage.

In 1987 I went to work for a certain company, at that time their top pay was 3.35X minimum wage.

Today, top pay at that same company is around 2X minimum wage.

What is going to happen over the next 30 years as wages and minimum wage stagnates against inflation? Will skilled workers be making minimum wage in 30 or 40 years?  How are working class families supposed to be able to buy a home, buy food and pay their basic bills?

Why did Romney lose

Here we are post-election scratching our heads and wondering what went wrong. Did obama win, or did romney lose? Obama won the election, but did romney help obama win the election?

The truth is, he should have never made it past the primaries. When the republican party elected romney as their candidate, the election was lost.

The more people learned about romney, the less they liked him.

Romney has too much baggage.

1 – The way romney made his money. There is nothing wrong with making money, it was “how” romney made his money that working class people disagree with.

Romney did not create anything. His investment firms bought, striped and then resold. That is not what made America great.

You not know what made America great? We built stuff. People like Henry Ford, people that created a product that people wanted.

What jobs did romney create, what factories did he have built? All I heard about was him and his investment firms sending jobs to china.

2 – Taxes. Working class people pay their fair share of taxes, and we expect our leaders to pay their fair share of taxes as well.

Exploiting tax loopholes with offshore banking accounts is not cool. That kind of behavior looks like romney was trying to hide something.

Why didn’t romney release his tax history? Was he trying to hide something?

3 – NRA rating / gun control. Romney does not have a clear record on gun regulation. In 2004 romney signed an assault-weapons ban.

Then he turns around and says he supports the right to own firearms.

This back-and-forth behavior does not go over well with gun owners. You can not sign an assault rifle ban, then turn around and say you support gun ownership.

If you want to win over gun owners, you have to make your stance very clear.

4 – No new ideas. What new ideas did romney bring to the table? Repeal the income tax? Stop free trade? Bring our factories back from china?

How was romney any different then obama, the bushs or clinton?

The working class knows how to fix the nation, and that is to stop free trade and bring our factories back from china.  But none of the people running for office will tell the people what they want to hear.

Besides being black why would anyone vote for obama

Do you want to know what amazes me about voters in the USA?  Its the level of stupidity.

If you want an example, look at the number of people who voted for obama.  The question is, why did they vote for him?  I am going to guess its because he is black.

Murder of US citizens – Would you vote for someone that approves of US citizens being killed without a trial? That is what happened with Anwar al-Aulaqi and his 16 year old son. How can people turn a blind eye to the government murdering its own citizens? And then the people want those officials elected back into office? What was Anwar al-Aulaqi guilty of? He spoke out against the government of the United States.

Detaining with no due process – Would you like to be arrested and detained forever? No access to a lawyer, no bail, no contact with friends or family,,,, no nothing but a prison cell. Get a speeding ticket, its off to prison forever. Sound silly? But that is what has happened. The US government has detained suspected terrorist for a decade. Obama promised to close the prison camps, but we see how far that went.

Obama signed the NDAA (National Defense Authorization Act) into law. Which allows the government to detain people with no due process. What doe that mean? It means federal agents can kick in your front door in the middle of the night, and you will just “disappear”.

One of the corner stones of our legal system is that no person shall be devoid of life, liberty or property without due process of law.  But yet our government can kill US citizens at will?

And people vote for that kind of government, are they stupid or just retarded?  At least retards have an excuse for poor decisions.  What excuse do people have for voting for obama?

Forcing you to buy a product – Would you approve of someone ordering you to purchase a product? Go to the local grocery store, decide you do not want anything. As you walk out the doors a police officer is there who orders you to return to the store until you buy something. If you do not buy anything, you will be issued a ticket. But instead of a grocery store and the police, its the IRS who is going to be fining people who do not buy insurance.

You think the middle class is having a rough time now? Just wait until they are forced to buy healthcare insurance.

You think small businesses are having a rough time? Just want until they have to start providing healthcare to their employees.

Someone tell me why anyone would vote for obama?

Jobs and free trade – Were you hoping obama would bring jobs back to the USA? Then why is he signing free trade agreements with South Korea, Panama and Colombia? Do you really think people in Panama and Colombia can afford a new Chevy truck? Those free trade agreements are so companies can exploit cheap labor in those countries.

How are we supposed to get jobs when obama continues to give our jobs away?

You want to know where the middle class will be working in a few years?  At places like walmart, starbucks, mcdonalds, burger king,,, because the good paying manufacturing jobs are going overseas.

Someone explain to me why anyone would vote for obama?

Free Trade Will Kill The United States Economy

With the advent of World War II America recovered from the greatest depression the US had ever seen.

With the advent of free trade, America will once again return to economic dark ages.

The engineers of free trade agreements said the jobs lost to cheap overseas labor will be replaced by high paying service sector jobs.

Service sector jobs do not “create” anything

Tech jobs design stuff, such as routers, switches and software, but we need working people to make those items.  Who is going to assemble the circuit boards?  How is going to install the circuit boards?

In other words, we need hands-on people to assemble those products.

We need ship builders, we need people to build bulldozers, build DVD players, make clothes,,,,. It is those jobs that support the middle class.

Is a financial analyst going to pour asphalt on the weekends?  How else are roads supposed to be built?  Someone has to operate the equipment.  Someone has to build the equipment that pours the asphalt.

What about the heat exchangers, cooling towers, pressure vessels, separation towers,,, are tech jobs going to build those items?

What do tech jobs add to the economy or infrastructure? Do tech jobs build drilling rigs? Do tech jobs drive trucks? Do tech jobs build our bridges? How about our roads? Do tech jobs build our roads and highways?

What about our pipelines? Do tech jobs dig the trenches, lay the pipes, weld the pipes, x-ray the welds, fill the trenches back in with dirt?

What about the refineries? Are tech jobs going to build and weld the columns, ladders, walkways,,,?

Are tech jobs going to build and install the pumps that make the refinery work?

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Random Thoughts October 18 2012 State of the Nation

Over the past few weeks I have been posting some of these random thoughts articles.  This type of format gives me the chance to address a wide range of topics in a single post.

What I would like to discuss in this post is the state of the nation.

The United States is going to hell in a handbag, and none of the talking heads in Washington seem to care.  Either they don’t care, or they have been paid not to care.

Food stamp program has increased 100 percent under President Barack Obama.  According to an article on the Daily Caller, food stamp participation is up 100% over the past 4 years.

When obama was elected president the people were hoping for change, but is that the type of change yall were wanting?

Do not blame me for obama getting into office, I voted Libertarian Party.

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Should the rich subsidize the poor

With free trade, and so many companies sending jobs overseas, should the rich subsidize the poor?

If a company can afford to pay its employees well, why shouldn’t said company be required to?  Should companies like walmart be required to pay a higher minimum wage then a mom and pop corner store?

Or roads are falling apart, but foxconn in china is hiring tens of thousands of employees.

Then there is the issue with companies like google setting up offices overseas to lower their tax burden.

If companies are going to exploit free trade and tax loopholes, shouldn’t they be required to give something back?

Apple makes a cool billion in profit, but yet a record number of people are on welfare.

Nobody sees an issue with that?

Is it better to provide welfare to a family where the parents have no life skills, or do we provide a path out of poverty through education?

Even if a path is provided, there is no guarantee the parents will go to school or get take the training.

My wife and I know a certain family, they have 3 young children, oldest is around 7 years old, the dad works, the mom sits at home. There is nothing wrong with staying home with small children. My wife stayed at home with our children.

When the youngest child starts school, the mom has no plans to get to college. Even though her schooling would be paid for by the government, I doubt she has the drive to further her education.

Who benefits the most from welfare

Who are the ones that benefit the most from welfare? The working poor who have 3, 4, 5,,, or more kids.

I have posted this before in various threads, my wife and I know a family that has received some kind of welfare for around 22 – 25 years, and has spanned 3 generations. The kids range in age from mid-20s to around 3 years old.

The grandmother received welfare when she was pregnant, the kids were on welfare their entire lives, and now the newborn grandchild is on welfare.

One of the kids got on social security disability as soon as she tuned 18 years old. And that is after being on welfare since she was born. For her entire life, the lady has received some kind of benefits from the state.

Shouldn’t the state require people who have been on welfare for over 10 years to get some kind of education or job skills?

But where is the money for job training going to come from?  The middle class?  We are already taxed to the limit – income tax, property tax, sales tax, taxes on cell phone bills, taxes on just about everything.




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