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Economy Not Based Upon Production is Doomed
On Wed, 24 Sep 2008 19:33:58 -0500, "crosstar"
wrote: ECONOMY NOT BASED UPON PRODUCTION IS DOOMED What is the "global-economy," anyhow? It all began in the Fifties, when government-edicts forced Negroes into jobs. Consequently, as shoddy-workmanship replaced "Made-in-America" craftsmanship, industry evacuated overseas. Products made by Mexicans or Asians seemed preferable to those made by descendants of African-slaves. The infusion of cash into foreign countries turned former colonies into creditors, with a huge financial-stake in America. To make matters worse, Uncle Sam, who had always been a creditor, became the world's leading debtor, not only abroad, but to minorities and aliens, who had gained "entitlements" to budget-busting welfare, housing, health-care and food-stamps, through demands backed up by rioting. Instead of production backing prosperity, an artificial "bubble," inflated by the printing of greenbacks, lifted off. It became "illegal" to refuse to lend money to Negroes and others who could not afford to repay. In fact, banks became government-mandated "equal-housing lenders," meaning that, if they did not dole out money to minorities and aliens, they would be fined or shut down. Those who complied, eventually, went bankrupt or garnered a federal "bailout." Printing money, with no production to back it up, invariably leads to runaway-inflation, depression and, then, economic-collapse. Abraham Lincoln tried printing greenbacks to finance the Civil War. Ruination was staved off only because the Union prevailed, but, when Germany lost World War I, its unrestrained printing of money turned the entire national-currency worthless, provoking a revolution. George W. Bush has reacted to the shoeshine boy taking over the shop as just some "adjustment." Bush repairs to the international-banking elite that "what goes down, must come up," but the "globalists" have no use for America, except to bleed her dry. In the New America, sought by Nationalists, worth will be measured by work, American workers will take precedence and the main export will not be jobs but those who no longer fit in. To unsubscribe from Crosstarlist: http://www.nationalist.org/contact/unsubscribe.php To subscribe to Crosstarlist: http://www.nationalist.org/contact/subscribe.php To comment on Crosstarlist: http://www.nationalist.org/contact/comment.php To read this article on the Crosstar website: http://www.nationalist.org/ATW/2008/100101.html#10 Crosstarlist Trademark/service of nationalist.org Not necessarily Crosstarlist views Copyright 2008 The Nationalist Movement |
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