High Prices & Cheap Labor

Flanders

ARCHCONSERVATIVE
Sep 23, 2010
7,628
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Going over the fiscal cliff is Democrat doublespeak for “We welcome another Great Depression.” And why not? The Great Depression gave Democrats their operating strategy: “Never let a good crisis go to waste.” The “good” crisis in the 1930s turned Americans away from individual liberties and towards big government.

The Great Depression was fertile ground for utopian promises made by Socialists/Communists. Handing their freedoms to big government was the biggest mistake Americans made in the 1930s. Fight for more liberties and less government is the only way for Americans to beat Democrats at their own game when they push the economy over the cliff.

Never mind that WWII —— not socialism —— ended the Great Depression. Today’s Socialists/Communists see another major economic crisis as a golden opportunity to frighten Americans, and the world, into surrendering what’s left of their freedoms.

NOTE: The only difference between socialism and communism is how each one gets to totalitarian government. Socialists do it incrementally, while Communists prefer violent revolution. Communist prefer violent revolution until they are opposed with violence —— then they holler human rights, democracy, and every piece of philosophical garbage they can think up to stop violence being done to them. Unless Senator Murray is a complete idiot she had to know she threatened violence:


Murray sparked a firestorm in Washington Monday when, speaking at the Brookings Institution, she said Democrats are ready to let the "fiscal cliff" issues go unresolved if Republicans don't compromise on the Bush tax rates.

Hoyer: Dems' 'fiscal cliff' threat different than last year's Republican default ploy
By Mike Lillis - 07/17/12 02:58 PM ET

Hoyer: Dems' 'fiscal cliff' threat different than last year's Republican default ploy - The Hill's On The Money

Even if Democrats and Republicans compromise for a short time —— cheap labor and high prices will push America over the cliff.

Cheap labor is the Holy Grail in economics. Open-borders, illegal immigration, and outsourcing jobs are the best methods to use when cheap labor becomes official government policy.

Buy low and sell high is the Holy Grail on Wall Street. Basically, Democrats do whatever it takes to insure that labor is bought low and sold high at the retail level. Under no circumstances will the government let competition determine the price of anything.

The federal government is not alone when it comes to manipulating prices. State legislators pass laws that say this or that product may not be sold below a certain price in the state. California wine is one example. California wines are cheaper in NY than then they are in California. Hell, if you’re planning on a wine-tasting tour in order to buy some wine don’t go to Napa Valley go to NY.

The irony in Murray’s threat is this: If she gets the crisis she wants Socialists will have to face the fact that more and more Americans cannot afford to buy the products they make because of socialism’s commitment to cheap labor and high prices. Workers unable to purchase the products they make was one of the most effective rallying cries Socialists and labor unions shouted from the rooftops in the early part of the 20th century.

In time, not being able to afford food irrespective of huge farm subsidies will take hold. The growing number of Americans on food stamps is the tip of the crisis Democrats are engineering.


April 20, 2012
Number of Americans on food stamps to grow through 2014: CBO
Rick Moran

Blog: Number of Americans on food stamps to grow through 2014: CBO

The thing to remember is that Socialists planned equal distribution of poverty on a global scale a long time ago. They well-knew the day would come when working Americans could no longer buy the products the government IMPORTS even though those products were made by cheap labor in foreign countries. Once that happens Socialists can claim success for implementing equal distribution of poverty. Tens of millions of Americans will be reduced to the same living conditions one sees among the poorest in Third World countries.

Guessing which foreign country America will become has been a popular parlor game for a decade or two. European countries usually get the nod. That is understandable but incorrect.

Long before the ugly specter of multiculturalism raised its ugly head everybody still believed America would always be America. Everybody except me. While in Calcutta fifty or so years ago I had a premonition that someday America would become India in that great poverty would permanently coexist with great wealth. Back then, approximately four percent of India’s population controlled the wealth, while it was one percent in America. I believe those numbers are still in effect.

India never had a private sector middle class to speak of, while America’s private sector middle class is being systematically dismantled by taxation. My point: When cheap labor and high prices combine with America’s vanishing middle class it won’t be long before America becomes India economically and culturally.

Lest I be accused of immigrant-bashing let me point out that after many generations of immigrants from India coming to America they do not have the numbers, or the influence, to bring about a cultural change of the magnitude I’m indicating. Indeed, no single group of immigrants ever acquired that kind of clout when America was a melting pot. Monumental cultural change has to be rooted elsewhere.

I’m suggesting that in addition to the government’s policy of cheap labor and high prices, a large unemployed pool of unskilled and semi-skilled labor to draw upon when needed is necessary to guarantee both cheap labor and great wealth.

Finally, “collectivist” ideology and moral claptrap almost tripled America’s population since the Great Depression. Democrats are still working to keep the borders open. Think about it.
 
Never mind that WWII —— not socialism —— ended the Great Depression

if WW 2 ended the Great Depression then people would be calling for the same amount of government spending today to end this depression.

The only one calling for it is Krugman! He's the man who said the Internet would be about as importnat as the fax machine!
 
EdwardBaiamonte;5644672

Never mind that WWII —— not socialism —— ended the Great Depression

if WW 2 ended the Great Depression then people would be calling for the same amount of government spending today to end this depression.

To EdwardBaiamonte: Socialist people are calling for more tax & spend as things get worse in spite of bailouts, stimulus packages, and the monumental tax bill that comes with Hillarycare II. To them it’s a win/win situation.

Quote OP

The Great Depression gave Democrats their operating strategy: “Never let a good crisis go to waste.”
Either they get the tax increases they want or they collapse the economy and hopefully stampede the American people into accepting absolute government control.

EdwardBaiamonte;5644672]

The only one calling for it is Krugman! He's the man who said the Internet would be about as importnat as the fax machine!

To EdwardBaiamonte: I don’t get your point.
 
Here’s an example of high food prices:

Jul 18, 2012, 10:00 AM
Rising Corn Prices and Your Grocery Bill
By Jack Hough

Rising Corn Prices and Your Grocery Bill - Real-Time Advice - SmartMoney

Back in the early fifties Ronnie Gilbert of the Weavers could have been singing to Hussein:

I walked down the street to the grocery store
It was crowded with people
Both rich and both poor
I asked the man how his butter was sold
He says one pound of butter for two pounds of gold

So Long (It's Been Good To Know You) - The Weavers - (Lyrics needed) - YouTube
 
Granny says dey's takin' advantage of the recession, rippin' people off...
:mad:
Americans Paying Dearly for Payday Loans
7/20/12 --- Ready for another toxic byproduct of the weak U.S. economy?
Consider the payday loan market, where cash-strapped Americans are using loans in ways that dig an even deeper financial hole than the hole that caused them to turn to payday loans in desperation in the first place. A disturbing study from the Pew Charitable Trust shows that Americans spend about $7.4 billion annually on payday loans, and pay an average $520 in interest each year. That's a pretty depressing fact alone, but it gets worse. According to Pew's "Payday Lending In America: Who Borrows, Where They Borrow, and Why," Americans are no longer using payday loans for emergencies, like for a needed medical expenditure, or to replace a driving belt on their car so they can get to work safely, and on time.

Instead, Americans are paying those inflated interest rates on pay day loans to pay for everyday needs, like groceries and utilities. "Payday loans are marketed as two-week credit products for temporary needs," says Nick Bourke, project director for Pew's Safe Small-Dollar Loan Research Project. "In truth, average consumers are in debt for five months and are using the funds for ongoing, ordinary expenses - not for unexpected emergencies."

The study notes that way too many payday loan consumers are incurring high interest rates just to pay off an everyday bill. "69% of first-time borrowers needed funds for recurring expenses, such as utilities, credit card bills, or rent or mortgage payments," the study reports. "Only 16% sought money for unexpected expenses, such as a medical emergency. If payday loans were not available to them, 81% of borrowers reported they would cut back on other expenses instead." Pew also took a long look at exactly who is using payday loans. The demographic that most uses payday loans are employed white females, 25 to 44 years old.

Drilling down even deeper, Pew finds these demographics among consumers who use payday loans most "disproportionately":

Don't have a college degree
Are African-American
Earn less than $40,000 annually
Rent a home
Are separated or divorced

A new trend, not surprising in the digital age, is how many consumes are going online to get a payday loan.

Source
 
To EdwardBaiamonte: I don’t get your point.

it is that conservatives and libertarians are right!!
Wow. A post made up of Ed and someone even more ignorant.
You guys love libertarianism. Have you an example of a libertarian economy that we should envy?
Of course you do not. There are none. Never have been. In every attempt, the population rebels well before any such economy can get there. But I am sure that won't stop you from pushing those libertarian ideals. Makes the wealthy much more wealthy, which means it makes your leaders much more wealthy.
Tea party dogma slingers.
 
To EdwardBaiamonte: I don’t get your point.

it is that conservatives and libertarians are right!!

To EdwardBaiamonte: Okay. I see it now. I was a bit confused because of your WW 2 analysis. I’m still not sure how you tie your first and second paragraphs together?

Wow. A post made up of Ed and someone even more ignorant.
You guys love libertarianism. Have you an example of a libertarian economy that we should envy?
Of course you do not. There are none. Never have been. In every attempt, the population rebels well before any such economy can get there. But I am sure that won't stop you from pushing those libertarian ideals. Makes the wealthy much more wealthy, which means it makes your leaders much more wealthy.
Tea party dogma slingers.

To Rshermr: How original! A liberal halfwit telling someone else what they are. Had you researched my messages you would know that I am not a Libertarian or a Republican.

I advocate a return to limited government; i.e., a return to the laissez faire economy that made America the wealthiest, most envied country ever seen not to mention the most individual liberties and the highest standard of living for the most people. Socialists/Communists feed off of the very form of government they would replace with oppression in the name of the common good.

Since you ask for an example perhaps you can give me an example of a Communist economy envied by no one except totalitarian butchers and tax dollar parasites.
 
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Excuse the interruption, but what caused the Great Depression?
Overzealous speculation and a ridiculous form of capitalism.
If there was a reaction against that, wouldn't it be considered normal?
The present situation is the same. Crazy profiteers destroyed their own precious pyramid scheme and the 'normal' people were left to collective the losses. You don't need to be a leftist to want to change things.
 
So Abe Lincoln was a communist/socialist, who would have thought?
He was the first president to start the income tax for the feds to help pay for the Civil War.
 
So Abe Lincoln was a communist/socialist, who would have thought?
He was the first president to start the income tax for the feds to help pay for the Civil War.

You mean you didn't realize that? What with his position on income, etc? And the way he imposed a solution just because it stopped people from buying, owning and selling people?
A definite commie!
Or, was that fascist?
Or,...
 
So Abe Lincoln was a communist/socialist, who would have thought?
He was the first president to start the income tax for the feds to help pay for the Civil War.

You mean you didn't realize that? What with his position on income, etc? And the way he imposed a solution just because it stopped people from buying, owning and selling people?
A definite commie!
Or, was that fascist?
Or,...

Yes, being a blithering idiot is fun.
 
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Let's have an argument! I'll be a blithering idiot, you can be blathering, and we can call each other all the names under heaven about which is worse, or better, OK?
 
Excuse the interruption, but what caused the Great Depression?

To there4eyeM: Normal boom & bust cycles that Socialists promised to eliminate. The only thing they eliminated is the word “bust.” Now it’s called an economic downturn.

There are more problems with socialism/communism than there are stars in the sky. These four are easily understood:

1. There are no booms under full-fledged socialism/communism. It’s all bust.

2. Every time there is an engineered bust in a country on its way to totalitarian government it is created by equal distribution of somebody else’s wealth.

3. The parasite class fixes everything for themselves with higher taxes. Hillarycare II is the latest “fix.”

4. Every time Socialists/Communists save the country with taxes private sector Americans lose freedoms. Hillarycare II is the latest example.

The question is: What the hell will parasites do when there are no freedoms left to take away? I suspect they will call the producers parasites before they slaughter them.
 
cheap labor & low prices = competitive, e.g. cheap foreign imports popular on US markets
 
Granny says dat would make a good sized dent in the deficit...
:eusa_eh:
Tax havens: Super-rich 'hiding' at least $21tn
22 July 2012 - James Henry says his $21tn figure is a conservative estimate
A global super-rich elite had at least $21 trillion (£13tn) hidden in secret tax havens by the end of 2010, according to a major study. The figure is equivalent to the size of the US and Japanese economies combined. The Price of Offshore Revisited was written by James Henry, a former chief economist at the consultancy McKinsey, and commissioned by the Tax Justice Network. He said $21tn is a conservative figure and the true scale could be $32tn. A trillion is 1,000 billion.

Mr Henry used data from the Bank of International Settlements, International Monetary Fund, World Bank, and national governments. His study deals only with financial wealth deposited in bank and investment accounts, and not other assets such as property and yachts. The report comes amid growing public and political concern about tax avoidance and evasion. Some authorities, including in Germany, have even paid for information on alleged tax evaders stolen from banks. The group that commissioned the report, Tax Justice Network, campaigns against tax havens.

Mr Henry said that the super-rich move money around the globe through an "industrious bevy of professional enablers in private banking, legal, accounting and investment industries. "The lost tax revenues implied by our estimates is huge. It is large enough to make a significant difference to the finances of many countries. "From another angle, this study is really good news. The world has just located a huge pile of financial wealth that might be called upon to contribute to the solution of our most pressing global problems," he said.


'Huge black hole'

The report highlights the impact on the balance sheets of 139 developing countries of money held in tax havens that is put beyond the reach of local tax authorities. Mr Henry estimates that since the 1970s, the richest citizens of these 139 countries had amassed $7.3tn to $9.3tn of "unrecorded offshore wealth" by 2010. Private wealth held offshore represents "a huge black hole in the world economy," Mr Henry said.

Other findings in the report include:

$ At the end of 2010, the 50 leading private banks alone collectively managed more than $12.1tn in cross-border invested assets for private clients
$ The three private banks handling the most assets offshore are UBS, Credit Suisse and Goldman Sachs
$ Less than 100,000 people worldwide own about $9.8tn of the wealth held offshore.

BBC News - Tax havens: Super-rich 'hiding' at least $21tn
 
"Lost tax revenues"

"Gunning" for other people's money is not economically legitimate. if you think you're entitled to it, challenge them to a duel
 
"Lost tax revenues"

"Gunning" for other people's money is not economically legitimate. if you think you're entitled to it, challenge them to a duel

the rich want your money and success. Don't believe me, try running a company that puts out competetion against the big guys, they will crush you anyway they can.
 

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