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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: dvdw© who wrote (9562)	5/13/2008 9:21:50 AM
From: RonMerks	Read Replies (2) \| Respond to of 50126

'the cries of China buying up everything in the US began with stock market and will extend deep into every area..' Interesting article. Whats happening in America and in the world isn't very hard to understand. History is our guide. The developing world's standard of living is going to rapidly rise, and America's is going to rapidly fall. That $12-$13 an hour wage in Spartanburg, will gradually get ground down to around $9, as China's slowly rises from $2 an hour, to $9. The International elitists don't even try to hide what they are doing any longer- because they don't have to. 25% of America is basically illiterate and unemployable. About 15% is now in the 3rd generation of permanent and perpetual public assistance. 5% are in prision. 50-70% don't vote, or rarely vote- and 75% of those who do- are voting on single issues like abortion/right to life, the War, or public entitlements. For now, the upper middle class 2 income white collar working couples are doing okay. Their wealth and their income are being subtley destroyed slowly and steadily by inflation- and increasing debt loads. Their 401k's, IRA's, and mutual funds may soon be decimated, or face yet another 15-20 year cycle of flat to declining market returns- and their numbers will slowly and steadily be reduced- again, from global job and wage arbitrage. Engineers and Radiologists from India and China will displace their American counterparts- as they are alread doing. Many careers and jobs that seem secure today, will not be as both the laws of unintended and 'intended' consequeces take effect. The end of the American era has already passed. Our arrogance, apathy, and ultimate attrition will follow those great empires that came before. It's inevitable, and it's already firmly rooted in place. The only thing individuals can do, is to recognize the inevitable changes that are taking place and invest accordingly, and protect their assets, freedoms and their future by looking, investing and thinking outside the box- and outside America. Politicans will continue to pander to those in denial. Mitt Romney won in Michigan by promising to bring back jobs that will NEVER come back. Michigan's manufacturing base will continue to lose 3 jobs for every 1 new one that is created. Our great midwestern industrial cities will continue to deteriorate, as municipalities face falling tax revenues and rising costs, and are unable to maintain basic infastructure. The rust belt will continue to rust. Neither Mitt Romney, nor anyone else is EVER going to bring back those jobs. Foreign firms will continue to build new plants in the Carolina's, in Alabama and other locations they see cheap labor and low costs. Ron Paul will pass as just a political footnote in time, but it will be marked as the turning point, and the last chance this country had at righting it's economic, political, social and geopolitical ship. In a way- you can't blame Wall Street for acting as self-serving greedy carpet baggers- when they know what is inevitable. Look at our educational system- other than our top universities- it's 3rd world. Life expectancy and quality of life for Americans is now 2nd world. We are spending our way to ruin, our military empire and arrogance of imparting 'our way of life' upon areas of the world where thousands of years of history have shown it is futile- will be the final economic stake in our econmic heart. In 20 years or so, when the social security and medicare systems are bankrupt and tens of millions of retiree's find themselves destitute, and perhaps a hundred million others 5-10-15 years from retirement with massive debt loads, and no savings realize- they have no lifeline- Americans will wonder aloud- how it ever happened? Eisenhower warned us about the military industrial defense complex. Those that signed the constitution warned us about giving up our freedoms so easily. Vietnam taught us lessons that we soon forgot. The collapse of the Internet stock bubble in 2000 was soon forgotten as one in housing and credit soon replace it. Now one is building in commodities. It will end as did the others before it. Slider has pointed out two very prescient things. 1. How short the memory of both Wall Street and Main Street is and 2. How both Wall Street and Main Street are inevitably doomed by their own DNA. The only thing we as individuals can do is recognize things for what they are and try to protect ourselves and our families. We now have Wall Street traders, international central bankers, and politicians raiding the hen house- pretty soon there won't be any chickens, or any eggs left. It truly is a time of- every man for himself. America needed to recognize just how serious this period in history is- but, they didn't. We ignored Ron Paul, and we now have 3 Council on Foreign Relations- international elitist stooges- fronting for the same controling force in the world. Even as all this unfolds- people will still ask- how? The answer is simple- it happend the way it has always happened to great empire, after empire, all through history- through arrogance, excess, apathy, and a ruling intelectual and economic elite that one day recognize the inevitable, and then accelerate it- by pilfering the last remants of the empires assets. Ron