Tag Archives: US trade policies

America Sink or Swim

                                 I had the chance to attend an online financial seminar presented by Patrick Wood of augustreview and a power point presentation by prosperousamerica.org in addition to going over some other research and found that regardless of media-hype we still have the power to change our future and swim out of turbulent financial waters. For those of you like so many of us pressing for time I will let you know right off to not be so quick in getting rid of your dollars, support other US entrepreneurs, and educate yourself each day  even if 10minutes a day with our Free trade and banking system.       
Most of our economic problems are stemming from a faulty banking system (taking us for a ride with inflations, deflations, fiat money printing press and one that is undermining true real production and wealth) and non fair “free Trade” agreement situations. As usual we have government officials who are supposed to be representative of the People but not when they signed us into the World Trade Organization (WTO) year 1994 without debate which down the road allows the other 150 members to have jurisdiction over US Laws and trade business policies. Free trade is just an effective key word and it has nothing to do with trade but with the transfer of the factors of production, labor and Capital. Later these very same products that were made by our corporations return to us as imports then benefiting everyone else but Americans in our GDP.  In the end we truly subsidize the off shoring with our devalued dollar, loss of jobs, production, and other environmental costs to our land.  California is receiving the cloud of pollution from China yet at a 40% disadvantage in both trade and other side effects. I encourage every single person to join progressamerica.org for this organization is addressing these concerns and many others that we have discussed affecting our lives in general, our economy and sovereignty.
All of us should discuss, debate and study more our Trade and banking. A great resolution for many to have presented at their election Caucus and State would have been to start teaching banking and true wealth creation at the First or second grade level in Elementary School. The current lack of education to the American people in these areas is no surprise since much prey on ignorance and in deception even since our revolutionary war and independence from England. We won the war physically but then on paper and with legislations misinterpretations we are being had.  If we continue down this path instead of having Nations around the world we will end up with just banks forming the rules and directing Society. We The People are the Constraint on the government, banks and other entities from abusing their power for after all we are human beings, brothers, sisters,  mothers, fathers, and individuals and not just production units and or Capital of production for a future communist type of Society. For in the end that system has the people also becoming capital to produce for the State and then we are no longer free and part of the reason we will gradually be losing our freedoms.  Above is more information on types of government so please view this film when you have time. Other reading material is from economist Joseph Stiglits and also Michael Chossudovsky’s book, The Globalisation of Poverty.
  Please show that you value being the Land of The Free and the brave and a Nation with Rule of Law, Constitutional principles and checks and balances. This is not just for ourselves but for the rest of the world that has valued our freedoms, refuge and fairness.

“If the American people ever allow the banks to control the issuance of their currency, first by inflation, and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered. The issuing power of money should be taken from banks and restored to Congress and the people to whom it belongs. I sincerely believe the banking institutions having the issuing power of money, are more dangerous to liberty than standing armies.” ~ Thomas Jefferson


Understanding “Free Trade” is not Free

Article written by Bob Powel

Note: Visit page for better view,  we all need to learn more about the so labeled “Free Trade” for most of our problems are originating from these inimical trade policies and our current faulty banking system. T.N.

Source: Continuous Improvement Associates

Liberal Moments(SM)
#23. ‘Free Trade’ and the Environment
By Bob Powell, 2/28/08
Here is this Liberal Moment (SM) Handout in pdf and doc formats that include many links to the information presented.Understanding “trade” 1. It’s not “trade”; it’s “transfer of the factors of production”: labor & capital. 2. Corporations build products over there so they don’t build them over here at a labor cost that can support an American mortgage payment.3. It’s “reverse protectionism” because US policies subsidize offshoring. Stopping “reverse protectionism” is not protectionism!4. It’s not about “protectionism.” US “free trade” agreements have 100s of pages to protect intellectual property & private capital, not environment & labor.

How the U.S. Subsidizes Offshoring of Jobs

  • Corporations can defer paying taxes on income from foreign subsidiaries … indefinitely. Congress also gives them “tax holidays”.
  • Tax loopholes such as moving headquarters to a tax haven.
    Allowing R&D and other investment tax credits for companies that move manufacturing off shore … the U.S. doesn’t fully benefit.
  • Corporations engage in flawed transfer pricing schemes to avoid U.S. taxes, i.e.: sell components to foreign subsidiary at very low profit, and buy back product after manufacture with a very high foreign markup & profit.
  • Not including labor & environmental standards in trade pacts is a subsidy. The costs of environmental degradation and injuries to workers are externalized onto the public at large. Without standards, democracy is undermined: individuals don’t value & “purchase” clean environment & workplace safety, governments do; if a government isn’t a democracy, it doesn’t represent the interests of its citizens.
  • Corporations are allowed to write-off the costs of shutting down a U.S. factory when it transfers the work to a factory offshore.
  • Corporations are allowed to write-off the costs of bringing foreign employees to train in the U.S., requiring its U.S. employees, as their last duties before being fired, to train the foreign replacements to do their jobs.
Exploding US “trade” deficit
US “trade” deficit with China

Environmental and Other Effects of Offshoring to China:

CO2 Emissions per dollar of output significantly higher in China and India where corporations are sending jobs

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