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Sunday 21 June 2015

Why Globalization & Free Trade Deals Destroy Middle Class Hopes And Dreams

Twelve Reasons Why Globalization is a Huge Problem


 


"What is clear is that a very small elite have benefited from globalization and free trade. The terrible costs to the vast majority are without measure nor historic precedent - the people were fooled outright by their evil propaganda and criminal lies."  



12. Globalization ties countries together, so that if one country collapses, the collapse is likely to ripple through the system, pulling many other countries with it.
History includes many examples of civilizations that started from a small base, gradually grew to over-utilize their resource base, and then collapsed. We are now dealing with a world situation which is not too different. The big difference this time is that a large number of countries is involved, and these countries are increasingly interdependent. In my post 2013: Beginning of Long-Term Recession, I showed that there are significant parallels between financial dislocations now happening in the United States and the types of changes which happened in other societies, prior to collapse.  My analysis was based on  the model of collapse developed in the book Secular Cycles by Peter Turchin and Sergey Nefedov.
Figure 10. US Balance on Current Account, based on data of US Bureau of Economic Analysis. Amounts in 2012$ calculated based on US CPI-Urban of the Bureau of Labor Statistics.

It is not just the United States that is in perilous financial condition. Many European countries and Japan are in similarly poor condition. The failure of one country has the potential to pull many others down, and with it much of the system. The only countries that remain safe are the ones that have not grown to depend on globalization–which is probably not many today–perhaps landlocked countries of Africa.


In the past, when one area collapsed, there was less interdependence. When one area collapsed, it was possible to let cropland “rest” and deforested areas regrow. With regeneration, and perhaps new technology, it was possible for a new civilization to grow in the same area later. If we are dealing with a world-wide collapse, it will be much more difficult to follow this model.

Crime, drugs and disease are imported without control




Sunday 14 June 2015

America At The Brink - Free Trade Archaic Policy Relic

TRADING AWAY OUR SOVEREIGNTY


Capital Institute

John Fullerton






“Free Trade” was in the news this Memorial Day weekend. President Obama is pushing hard for “fast track” approval of his Trans-Pacific Partnership (“TPP”) Agreement, calling for a simple up or down vote without the possibility of amendments or floor debate.
The New York Times reported that Senate Majority Leader Mitch McConnell has forged a “rare alliance” with the president to push the trade legislation. Senate Finance Committee Chairman Orin Hatch has been quoted as saying, “it shows that when the president is right, we will support him.” (Never mind that Hatch has also been quoted as saying: “I don’t know fully what’s in TPP myself.”)
Dear Mr. President: With all due respect, how do you spell RED FLAG!      Read  More.

Our Comments : 

 Capital Institute Blog - June 14, 2015 





Just another BIG step backwards for America and more importantly its people, as at mere face value there are numerous serious and extremely negative consequences to this policy action and content.




Obvious points and concerns -


Exacerbation of the erosion of American jobs, indigenous industrial base and middle class.. With this, erosion of national competitive advantage resulting in increasing national, state and individual security risks. plus deep economic plight.







Continued dilution of democracy, constitutional powers and rights including those embedded in state and local authorities.




Image result for noam chomsky poster



Excessive immigration and population leakage , putting increased pressure on social structures, wages, pensions and healthcare system creating more massive debt financing plus extreme social tensions, Then of course there are those fiscal budgets for states and cities.





Image result for chicago pension bankruptcy




Increased concentration of power with international oligarchs, banks and related military industrial complex whose goals and objectives are oriented solely towards self-interest; with no concern whatsoever for  enlarging greater national principles of , by, for and with the people.










More erosion and diversion in the physical and conceptual resources needed to resolve imminent key pending issues that could be catastrophic to the country, economy and world-wide survival interests -  including but not limited to ; climate change, resource depletion, degradation of bio-sphere and its diversity, wildlife extinction, toxoplasmosis containment, carbon exponents, ocean acidification and on...








Importation of disease, crime, extreme social and civil unrest from politically. socially ,culturally and economically destabilized regions and countries - who will be attracted to move their  worst or best? These also create great excessive  hidden and future costs for federal, state and local fiscal budgets



Image result for arab spring violence






All of this, is just for starters off the top - there is just no way in the universe that you could "realistically" dream up positive reasons and rhetoric that creates a subjective benefit that  outweighs the long list of object negative consequences associated with expanding free-trade agreements to the southern hemisphere . THEY ARE ALL LIES!!!  Probably they are based on plans with immediate geopolitical or geoeconomic self-interests in mind. Not the people's long term goals.    









To say the least; in my opinion, the world has changed dramatically over the past fifty years , and such economic free trade policies are not only intellectually deprived  (no clear and valid metric), but they are foolhardy and archaic approaches that place longer-term national and individual security and economic interests in unprecedented jeopardy. 















America At The Brink - Free Trade Archaic #Policy Relic

TRADING AWAY OUR SOVEREIGNTY


Capital Institute

John Fullerton







“Free Trade” was in the news this Memorial Day weekend. President Obama is pushing hard for “fast track” approval of his Trans-Pacific Partnership (“TPP”) Agreement, calling for a simple up or down vote without the possibility of amendments or floor debate.
The New York Times reported that Senate Majority Leader Mitch McConnell has forged a “rare alliance” with the president to push the trade legislation. Senate Finance Committee Chairman Orin Hatch has been quoted as saying, “it shows that when the president is right, we will support him.” (Never mind that Hatch has also been quoted as saying: “I don’t know fully what’s in TPP myself.”)
Dear Mr. President: With all due respect, how do you spell RED FLAG!      Read  More.

Our Comments : 

 Capital Institute Blog - June 14, 2015 





Just another BIG step backwards for America and more importantly its people, as at mere face value there are numerous serious and extremely negative consequences to this policy action and content.




Obvious points and concerns -


Exacerbation of the erosion of American jobs, indigenous industrial base and middle class.. With this, erosion of national competitive advantage resulting in increasing national, state and individual security risks. plus deep economic plight.







Continued dilution of democracy, constitutional powers and rights including those embedded in state and local authorities.




Image result for noam chomsky poster



Excessive immigration and population leakage , putting increased pressure on social structures, wages, pensions and healthcare system creating more massive debt financing plus extreme social tensions, Then of course there are those fiscal budgets for states and cities.





Image result for chicago pension bankruptcy




Increased concentration of power with international oligarchs, banks and related military industrial complex whose goals and objectives are oriented solely towards self-interest; with no concern whatsoever for  enlarging greater national principles of , by, for and with the people.










More erosion and diversion in the physical and conceptual resources needed to resolve imminent key pending issues that could be catastrophic to the country, economy and world-wide survival interests -  including but not limited to ; climate change, resource depletion, degradation of bio-sphere and its diversity, wildlife extinction, toxoplasmosis containment, carbon exponents, ocean acidification and on...








Importation of disease, crime, extreme social and civil unrest from politically. socially ,culturally and economically destabilized regions and countries - who will be attracted to move their  worst or best? These also create great excessive  hidden and future costs for federal, state and local fiscal budgets



Image result for arab spring violence






All of this, is just for starters off the top - there is just no way in the universe that you could "realistically" dream up positive reasons and rhetoric that creates a subjective benefit that  outweighs the long list of object negative consequences associated with expanding free-trade agreements to the southern hemisphere . THEY ARE ALL LIES!!!  Probably they are based on plans with immediate geopolitical or geoeconomic self-interests in mind. Not the people's long term goals.    









To say the least; in my opinion, the world has changed dramatically over the past fifty years , and such economic free trade policies are not only intellectually deprived  (no clear and valid metric), but they are foolhardy and archaic approaches that place longer-term national and individual security and economic interests in unprecedented jeopardy.