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How Globalism Has Destroyed Our Jobs, Businesses And National Wealth In 10 Easy Steps

As most Americans stand around waiting for the U.S. economy to return to “normal”, there is a never ending parade of jobs, businesses and wealth heading out of the United States.  The jobs and businesses that are leaving are gone for good and will not be coming back.  This is causing unemployment to soar and government debt to skyrocket but our politicians are doing nothing about it.  Instead, politicians from both parties keep insisting that they will solve all of our problems if we will just give them our votes.  Meanwhile, American families continue to fill up their shopping carts with cheap plastic crap made on the other side of the world.  Globalism is slowly destroying the greatest economic machine that the world has ever seen and most Americans don’t even realize it.  Today, the U.S. government has surrendered massive amounts of economic sovereignty to global organizations such as the WTO, the IMF and the World Bank.  The United States has also entered into a whole host of very damaging “free trade agreements” such as NAFTA that are costing our economy huge numbers of jobs.  Our politicians always promised us that globalism would bring us to a new level of prosperity, but instead that “giant sucking sound” that you hear is the sound of the U.S. economy being hollowed out.

Our politicians and the talking heads in the mainstream media always seem to be puzzled as to why there seems to be such a lack of jobs in this country.

But it really is no great mystery.

Jeffrey Pfeffer recently wrote an article for Fortune in which he stated the following….

The U.S. seems to be shocked that its economy isn’t creating many jobs, and each monthly report on the unemployment rate and the number of new jobs somehow stimulates more handwringing. I’m not an economist, labor or otherwise, but simple observation suggests one significant contributor to the nation’s job crisis — for a long time, maybe even decades, we have been waging war on jobs and those who hold them.

That is exactly what the policies of the U.S. government have been doing for decades – they have been waging war on jobs.

Both political parties have been eagerly pushing us into a globalized economy.  Both political parties have told us not to worry as thousands of businesses, millions of jobs and trillions of dollars have left the country.

Well, so much damage has been done by this point that more Americans than ever are starting to wake up and realize that maybe globalism is not such a great thing after all.

Here is how globalism has destroyed our jobs, our businesses and our national wealth in 10 easy steps….

#1 Globalism has merged the U.S. economy with economies that allow slave labor wages.

The “minimum wage” became a whole lot less meaningful once we merged our economy with the economies of nations where it is legal to pay workers 50 cents an hour.

American workers have enjoyed all of the cheap products that have come flooding into our shores, but our politicians never told them that globalism would also mean that they would soon be directly competing for jobs with workers on the other side of the globe that are willing to work for 5 or 10 percent as much.

One big, global labor pool means that the standard of living of the hundreds of millions of workers on the other side of the world will come up slightly while the standard of living of American workers will come crashing down at a blinding pace.

Advocates of globalism never can seem to explain how U.S. workers are supposed to compete with teenage workers in Vietnam that often work seven days a week for as little as 6 cents an hour making promotional toys for big corporations.

#2 U.S. companies make bigger profits by sending jobs overseas.

If U.S. corporations can find a place where they can legally pay workers slave labor wages, what do you think they are going to do?

Corporations have a “duty to maximize shareholder wealth” and U.S. government policies actually have the effect of encouraging the offshoring of jobs.

This is even happening in industries that are on the cutting edge of new technology.

Andy Grove, the former CEO of Intel, says that our advanced technology companies are creating far more jobs overseas than they are in the United States….

Some 250,000 Foxconn employees in southern China produce Apple’s products. Apple, meanwhile, has about 25,000 employees in the U.S. That means for every Apple worker in the U.S. there are 10 people in China working on iMacs, iPods, and iPhones. The same roughly 10-to-1 relationship holds for Dell, disk-drive maker Seagate Technology (STX), and other U.S. tech companies.

#3 Globalism has allowed foreign countries to dominate a whole host of industries that used to be dominated by the United States.

U.S. companies are having an incredibly difficult time competing against the low labor costs and the much less stringent business regulations found on the other side of the globe.

In May, the United States spent 50 billion dollars more on goods and services from the rest of the globe than they spent on goods and services from us.

This happens month after month after month.

Every month we get tens of billions of dollars poorer and the rest of the world gets tens of billions of dollars richer.

We are getting clobbered even in industries that we invented.

Do you remember when the United States was the dominant manufacturer of automobiles and trucks on the globe?  Well, in 2010 the U.S. ran a trade deficit in automobiles, trucks and parts of $110 billion.

In 2010, South Korea exported 12 times as many automobiles, trucks and parts to us as we exported to them.

How did this happen?

Well, there are a lot of reasons, but one big reason is that the business environment in the United States has become incredibly toxic.  Businesses in this country face a nightmarish web of rules and regulations and that is a big reason why so many businesses are choosing to leave this country.

In a recent article for Forbes, John Mariotti made a list of just a few of the bureaucracies that U.S. businesses must contend with on a daily basis….

  • Medicare & Medicaid
  • Social Security
  • The Patient Protection and Affordable Care Act (Obamacare)
  • Dodd-Frank Wall Street Reform and Consumer Protection Act.
  • The Sarbanes-Oxley Act of 2002
  • SEC–Securities & Exchange Commission
  • FASB–Federal Accounting Standards Board
  • GAAP–Generally Accepted Accounting Principles
  • IRS–Internal Revenue Service
  • FTC–Federal Trade Commission
  • FDA–Food & Drug Administration
  • FAA–Federal Aviation Administration
  • FCC–Federal Communications Commission
  • EPA–Environmental Protection Agency
  • EEOC–Equal Employment Opportunity Commission
  • FLSA–Fair Labor Standards Act
  • NLRB–National Labor Relations Board
  • Labor Management Relations Act (The Taft-Hartley Act of 1947)
  • OSHA–Occupational Safety & Health Administration
  • CFTC–Commodity Futures Trading Commission
  • NFA–National Futures Association
  • PBGC–Pension Benefits Guaranty Corporation
  • ERISA–Employee Retirement Income Security Act
  • NHTSA–National Highway Transportation Safety Agency
  • CPSC–Consumer Product Safety Committee
  • NIOSH—National Institutes of Safety and Health
  • Employee Retirement Plans 401(k), 403(a) etc.
  • IRA–Individual Retirement Account
  • USPTO–U.S. Patent & Trademark Office
  • ITC–International Trade Commission
  • USTR—US Special Trade Representative
  • ICE–Immigration & Customers Enforcement
  • BLM—Bureau of Land Management
  • MSDS: Material Safety Data Sheets

#4 Jobs and manufacturing infrastructure are being lost at an astounding pace and they are not going to come back.

Jobs and manufacturing facilities are leaving this country at a blinding pace.  Nothing is being done to stop this from happening.  These jobs are not coming back and they are not being replaced.

Just consider the following statistics….

*The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

*Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost.

*The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

*Since 2001, over 42,000 manufacturing facilities in the United States have been closed down.

So what are all of those workers doing today?

There are sitting at home trying to figure out what has happened to the once happy lives that they enjoyed.

Today, there are 6.3 million Americans that have been unemployed for more than 6 months.  That number has risen by more than 3.5 million in just the past two years.

Right now, it takes the average unemployed worker almost 40 weeks to find a new job.  There are not nearly enough jobs for everyone and the competition for the few job openings that are available is brutal.

Only 66.8% of American men had a job last year.  That was the lowest level that has ever been recorded in all of U.S. history.

We have millions upon millions of very hard working Americans that are sitting around hoping that someone will give them a job.

But labor costs about 10 percent as much on the other side of the world so that is where all the jobs are going.

#5 Workers without good jobs can’t buy houses or cars.

A huge factor in the housing crash has been the lack of good jobs.  There are now approximately 10 percent fewer middle class jobs than there were a decade ago.

As competition for jobs increases, wages are being depressed because employers know that they have all the power.

So working class American families are being squeezed like never before.

Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975.  A nice home is becoming out of reach for a lot of Americans.

Meanwhile, the cost of food and the cost of gas continue to rise.

One recent survey found that 9 out of 10 U.S. workers do not expect their wages to keep up with soaring food prices and soaring gas prices over the next 12 months.

#6 If American workers don’t have jobs they aren’t paying taxes.

Most Americans have no idea how much our trade deficit contributes to our government debt problems.  When Americans are not working, they are not paying taxes to support our federal, state and local governments.

In the years since 1975, the United States had run a total trade deficit of 7.5 trillion dollars with the rest of the world.

That is money that could have gone to U.S. workers and U.S. businesses.  That is money that taxes could have been paid on.

Instead, our workers are sitting at home and our federal, state and local governments are starving for cash.

#7 Instead of receiving taxes, the government must pay out money to our unemployed workers instead.

We are going to support our unemployed workers one way or another.  Either we are going to give them good jobs or we are going to give them welfare payments.

During the recent economic downturn, millions of American workers have been receiving unemployment benefits for up to 99 weeks.  It has become soul-crushingly difficult to find a job in America today, and we have developed a whole new class of people that have become totally dependent on the government because they simply cannot find work.

Everywhere you look, government anti-poverty programs are exploding in size.

As 2007 began, there were 26 million Americans on food stamps.  Today, there are more than 44 million Americans on food stamps, which is a new all-time record.

#8 As jobs and businesses leave our shores, many of our once great manufacturing cities have been transformed into hellholes.

In a recent article entitled “American Hellholes“, I talked about the economic decay that we are seeing all over the United States….

All over the nation many of our greatest cities are being slowly but surely transformed into post-apocalyptic wastelands.  All over the mid-Atlantic, all along the Gulf coast, all throughout the “rust belt” and all over the entire state of California cities that once had incredibly vibrant economies are being turned into rotting, post-industrial hellholes. In many U.S. cities, the “real” rate of unemployment is over 30 percent. There are some communities that will start depressing you almost the moment that you drive into them. It is almost as if all of the hope has been sucked right out of those communities.  If you live in one of those American hellholes you know what I am talking about.  Sadly, it is not just a few cities that are becoming hellholes.  This is happening in the east, in the west, in the north and in the south.  America is literally being transformed right in front of our eyes.

#9 The United States ends up borrowing back most of the money that it sends overseas every single month.

Every month tens of billions of dollars of our national wealth gets transferred to foreign countries.  In order to make ends meet, our federal, state and local governments end up borrowing gigantic amounts of money from the countries that we have sent our wealth to.

So now we have a national debt that is well over 14 trillion dollars and we owe massive amounts of money to countries like China and Saudi Arabia.

But when we borrow money from other countries that makes us even poorer in the long run.  Debt is never the answer to anything.

#10 Foreign countries are using up some of the wealth that we send them every month to buy up our infrastructure.

Most Americans don’t realize that our state and local governments are selling off our infrastructure piece by piece.  Foreign governments are literally buying pieces of America with the money that we keep sending to them.  In a recent article entitled “Our Politicians Are Selling Off Pieces Of America To Foreign Investors – And Goldman Sachs Is Helping Them Do It“, I talked about this phenomenon….

State and local governments across the country that are drowning in debt and that are desperate for cash are increasingly turning to the “privatization” of public assets as the solution to their problems.  Pieces of infrastructure that taxpayers have already paid for such as highways, water treatment plants, libraries, parking meters, airports and power plants are being auctioned off to the highest bidder.  Most of the time what happens is that the state or local government receives a huge lump sum of cash up front for a long-term lease (usually 75 years or longer) and the foreign investors come in and soak as much revenue out of the piece of infrastructure that they possibly can.  The losers in these deals are almost always the taxpayers.  Pieces of America are literally being auctioned off just to help state and local governments minimize their debt problems for a year or two, but the consequences of these deals will be felt for decades.

Sadly, neither political party seems concerned about the effects of globalism at all.

In fact, both parties continue to push for even more globalism.

But large numbers of ordinary Americans are waking up.

According to a recent Washington Post poll, only 36 percent of Americans consider “the increasing interconnection of the global economy” to be a positive thing.  Back in 2001, 60 percent of Americans believed that the globalization of the economy was a positive thing.

So maybe there is a glimmer of hope.

But until fundamental changes are actually made, globalism will continue to destroy our jobs, our businesses and our national wealth.

 

  • Gary2

    Follow the money. The politicians rely on the rich to finance their elections so in turn the rich invest in congress and it has paid off for them quite well.

    We need public funding of elections so the politicians work for us the people.

    We also need to start taxing the rich hard and the corporations harder and subordinate them to doing whats in the interest of the USA and not their bottom line. They will comply or not do business in the USA.

    • Bonnie

      You are so right Gary2!

      You probably won’t be able to tax the rich because they are threatening to raise the interest rates high! Corporate blackmail.

      Get rid of the Free Trade as well as Globalism. This is killing the American people and their jobs.

      • carlbigman

        I agree Bonnie… Undo NAFTA and all the other crap that’s killing our good American prosperity engine. I knew it was the beginning of the end years and years ago when I heard economists saying we are going to become a service sector economy… Yeah, right! A nation of BOOT-LICKING ASS-KISSERS! We literally THREW our country away by not revolting against NAFTA before it could ever be enacted!

    • David

      Gary2, did you and I read the same article? Respectfully, that is a typical knee-jerk response, and it is wrong. We cannot “Tax the rich hard and the corporations harder” if we EVER want jobs back in this country. No, the answer is a new tax code, one that gives big corporations incentives to bring jobs back to America. “Taxing them harder” is what got us into this mess in the first place!

      • Gary2

        david-the rich have never had such low tax rates, hell there wan not even an estate tax last year.

        Where are the jobs?

        I guess lowering taxes on the rich doesn’t work so well. (duh)

    • http://mac.com jackie cox

      slave goods super stores, like wallys, costco, sams, etc have shuttered most small business we had before free trade. in 2001 when we began free trade with china whose sole intent is destruction of the free world, the fed/nyse criminal commercial gangs have exported 42,000 american factories to their tyrannical dictatorship. the end result, more than 2 trillion in lost accrued taxation to maintain our infrastructure, whereby the fed lends us money they have stolen from us at whatever interest they want, currently they take about 40 % of all incoming treasury revenue in interest on their pseudo loan, their goal a one world power, america is not in their plan of a cartel of oligopolies, whereby they get the lans fill made by slaves and sold by poverty stricken hirelings—but as nobility arises so shall anarchy, who will eliminate them from the face of this earth

      • http://mac.com jackie cox

        I bet it is.

  • VegasBob

    Tonight I spoke to a friend of mine in another US city who is a production worker at a foreign-owned hi-tech plant.

    He says business has really slowed down recently.

    I think that means layoffs here in the US are really going to start ramping up in the next few months.

    I’m afraid my friend is going to get a layoff notice, and he’s been with that company for close to 20 years…

  • JustaGuy

    I’m trying people. I recently needed a sleeping bag and bought one at K-mart. Then found one made in USA at Walmart, so I returned the made in Bangladesh one to K-mart (they were even the same price). I also went to Strauss Auto for my last tire purchase, because they sell Cooper tires. I’m not sure if all Coopers are made in USA, but I heard many are, so I had the guy check the tire and made sure the ones I was buying were. For the sake of your soon-to-be starving fellow Americans, I hope you are all striving to do the same. God help us all…

  • Carlos

    Perot, Buchanan, Ron Paul all ran for POTUS.
    Joe Six Tooth ridiculed or ignored them.
    American workers had three fat pitches over the plate, and just looked at the pitches.
    Clinton, Bush, Obama.
    That’s who they voted for.
    Ron Paul will be ignored again, wait and see.
    That’s three strikes for Joe Six Tooth.
    You’re out!

    • Attila

      I am ashame to say it, but you could not be more spot on.

  • garthog42

    It is amazing that we have held out this long I wonder what the super rich will do when the U.S. government starts doubling thier taxes to pay for its wars for oil once they have sqeezed dry all of the lower and middle class? Oh wait i forgot they will just move to a different country its not like they cant afford to many of those who are responsible have already done so as an example George W Bush has a nice fat ranch of several thousand acres in South America. There are hundreds more who are quietly moving out of the U.S. because they are sure they will become targets. Too bad they couldnt have forseen this soon enough not to make the mistakes that brought us to the Brink of collapse

  • roadrunner

    You said in your article, (which I thought was a good one), that unemployed workers sitting at home, do not pay taxes. I beg to differ. First, I believe that some if not all the states, (and I know that MIchigan does….tax unemployment benefits. That is revenue comeing into coffers here and there from people who can least afford to pay. Then there is always a sales tax in whatever state you live in, which you pay whether employed or not, on almost everything you buy except food (Michigan),I am sure there are states that do tax groceries.In MI, we used to tax food but traded that for a higher general sales tax years ago. Then, there are always the hundreds of excise taxes and user fees that you will pay, employed or not.
    I will now digress and make a statement about the possibility of Social Security payments not going out on Aug.3. If Granny is not payed…will our politicians still be payed in August? If so…why? I am a Federal Civil Service retiree. I want to be paid on Aug.1. Why, you may ask? (Ans.) Because I am owed that money for 32 years of labor, taxed at a 7% rate into the Civil Service Retirement Fund. A rate higher than anybody that was taxed into the Social Security Fund. I do not get Soc. Sec. payments either, unlike some people who worked in the private sector, (eg. company pension and Soc. Sec. check on the 3rd of the month). I only get one “check”. So I wonder what will happen there.This will accomplish nothing other than make the banks richer with late fees and other penalities. This will even make some people late on their mortgages as well. (leading to more mass foreclosures).

    • josh

      i also live in michigan, in my opinion your statement above is not correct. after you’ve been unemployed for so many weeks your unemployment benefits run out and if you still dont have a job, you have no money coming in meaning you are not spending money which equals not paying taxes. there are millions of americans with out jobs not receiving unemployment benefits.

      • roadrunner

        You are taxed on those benefits as long as you collect them. If you still doubt…check the tax laws here and then correct me if nescessary. Of course…if you have NO income of any source…then what you said about not paying taxes may be true. However, you may still be obligated to file a tax return.

      • roadrunner

        I almost forgot to mention….you still pay the other types of taxes I previously described…employed or not.

    • http://www.jcbooks.org James Godson

      I may be mistaken but the employee paid in 7.65% and the employer matched that 7.65% in FICA tax. Did the government match your 7% and if so the taxpayers paid for your retirement and that is what most people are complaining about. Shouldn’t every citizen demand that the social programs are funded first before paying the interest on the notes? Buying a government’s notes/bonds that was deeply in debt was a bad investment. So let the investors be satisfied with pennies on the dollar.

  • Guido

    They laughed at Pat Buchanon and Ross Perot, but who is laughing now? Can anyone deny there was a “vast sucking sound” as jobs went south of the border? (Here’s a hint-next time you see the media support anything %100, run in the opposite direction. I don’t care if it’s agreement on the earth being round-assume they’re wrong.)

    Government has no real business trying to control the economy and no constitutional authority to try and control how business operates, what they make, and how they sell it. All this crap was shoehorned in under the interstate commerce clause and permitted by judicial accomplices.

    It’s time the states tell the government where to get off and begin regulating their own affairs. Thank God at least a couple of them are figuring that part out-like TN and MT passing pro-gun laws and TX trying to tell TSA to keep their hands off the passengers. The fedgov needs to be pushed back into its cage.

    BTW-I feel vindicated in my past statements about over-taxation. Anyone see where CA passed new taxes on business and businesses are abandoning the state in droves? http://money.cnn.com/2011/06/28/news/economy/California_companies/index.htm?iid=Lead

  • Mr Carpenter

    Once the Federal Government collapses and all the alphabet soup agencies fold (because of the lack of pay checks for the “workers” more than anything else), it is remotely possible that certain areas of the country will begin to at least be able to maintain life for the majority of the population.

    Most likely these areas will NOT include:

    Large and medium sized cities

    East coast (any of it)

    West coast (virtually any of it)

    Southern border regions (ie Mexican border)

    Florida (virtually any of it)

    Any areas with an inordinate number of retirees (don’t forget – their social security checks won’t be coming any more)

    Any areas without a means of using local fuels to warm people in colder times of the year.

    Any areas prone to repeated natural disasters (such as New Orleans or flood prone areas near major rivers).

    • Rowell

      So…..pretty much any place in the United States, is what you’re saying. ;)

    • SMASH THE CONTROL MACHINE

      SAFE IN KANSAS??????

      • SMASH THE CONTROL MACHINE

        GOT FIRE WOOD??

  • Jonathan

    Let’s not forget that advertisement at the end of your article – earn your degree in England. It would appear that even education has been globalized. Anyway the long and the short of it is that We The People have allowed our elected officials to sell us out simply by not enforcing our rights as stated in the Constitution. Re-electing the same people repeatedly to do the same things – sadly the wrong things – has led our great nation to grow weak while a handful of people grow rich. We can stop it any time we want simply by voting out those that make promises that they have no intention of keeping. Many people have posted lists online of reasonable changes that could be made to our political and judicial systems yet no one is demanding that these changes be implemented. So what can you expect? That our elected officials will act in our best interests? Sure they will – just read the latest from the corporate sponsored mainstream media outlets. Our Congress and President are working really hard to solve the debt crisis not to mention the jobs crisis while giving guns to drug cartels and banning non-prescription homeopathic anti-biotics and vitamins while cramming mandated completely unaffordable health care down our throats. Getting back on subject – so what We can do to reduce the impact of globalization? How about not buying products made outside the US? I know it is not easy but then doing nothing only allows the corporations to continue to send jobs overseas. Vote with your pocketbook and vote for people who will honor our Constitution and their oath to it. Simple really.

    • cueballevny

      Your idealism would be infectious if it were not for the bitter knowledge that, at the federal level there are really no “elected officials”, they’re all strategically planted regime puppets. Voting is an act of futility, it’s a rigged system run by a globalist banking cartel who neither recognize nor support the preservation of your Constitutional “rights”. It’s a giant ponzi scheme. The two party system was instituted as a political dog and pony show in order to create the illusion that the citizenry has the power to affect change and influence policymakers within the system.

  • db

    according to me instead of spending on lot stimulus package why not US government setup special economy zone with tax free for business? so all outsource manufacture job can be come back. also make resident with minimum facility around this special economy zone where people can afford to work on low rate. so at least this home less people can start working and don’t have to live in car on in tent.

    let make industrial zone like china and india. this is a question of survival not luxury.

  • http://www.placeofrefuge2012.com Sheila

    It all part of the plan, the CFR stated in 1973 that they wanted economic parity in the western hemisphere.
    We now have that parity!! Enjoy living like our neighbors to the south (mexico).
    That is also why the borders are wide open.

    I get to El Paso from time to time and you don’t have to look too hard to see the illegals climbing the fence or watching the men who carry people over the Rio Grande so they don’t get their feet wet, as well as all the broken parts of the chain link fence.

    “If voting changed anything it would be made illegal over night.”

    http://www.placeofrefuge2012.com

  • Kevin

    “So maybe there is a glimmer of hope.”

    Don’t hold your breath. The masses we’re far too involved with “Food and Circus” to bother to reason cause and effect to see where we were headed. The wise, reasonably well read thinkers were laughed at by the worshippers of the sphere that were far more concerned about the big game this weekend. These people now know something is wrong but do not have the necessary investment in self education to truly reason everything out while struggling to financially survive. For the most part they will follow the loudest voice promising the quick fix when in reality no fix is possible because it has went on too long. The loudest voice is not physical sound but rather media coverage and the power brokers control the media. Regardless even if the masses suddenly “woke up” and voted out all of the incumbents and put in grass roots replacements “good jobs at good wages” cannot be legislated back into the US.

    Boiling a frog is about completed. From Bretton Woods through the oil peg the power elite have crossed every T and dotted every I. They are very good at being very bad.

  • BCL!

    Don’t worry. There is hope. Just leave the USA.

  • http://stopneocons.bravejournal.com Winston Smith

    “But large numbers of ordinary Americans are waking up.”

    Actually, me thinks not-yes more and more are facing the stark truth and saying so, but they will in 2012, like in 2010 and prior yrs, vote 99% for either Dems or Repubs, same people or same groups behind them…..no change in voting habits……and then, no change in people either..it takes courage to change voting and Americans have proved they have none…No real significant change and increase for Greens, Libertarians, Constitution Party,etc..

  • Jim

    The ruling elites have far too much invested in the North American Union to be swayed by any of your arguments. Besides, do you really think they care if the US becomes a Third World Nation. I’ve been to a few and let me rest assure you the elites live quite comfortably in them…..They foresaw the future. None of this is a surprise to them. Wait out the Die-Off, where we kill off each other over scraps,in some safe location and return conquering warriors without even fireing a shot. Gun Control…Ha Ha Ha they want you to have them and use them also. Lastly, Obama the socialiast, do you really think he is much against Communist China! HA!

  • Golden Child

    Sadly, all the cheap plastic Chinese slave labor crap we buy is insanely overpriced and expensive. A Nike shoe that costs 8 dollars to make sells for $200-1000 here in the States. These overpriced Nikes are assembled by prepubescent children working long hours for a few cents a day in harsh sweatshop conditions where they are regularly beaten. On the other side of the globe, dirt poor kids in American ghettos are killing each other over the status symbol of these shiny pieces of plastic and rubber worn on the feet. These big evil corporations are making 300% profit by exploiting poor disenfranchised people of color from China to America.

    http://niketalk.yuku.com/reply/11236991/Re-Senseless-violence-over-the-new-foams-news-broadcast-

    http://chucksconnection.com/articles/your-sneakers-or-your-life.html

    http://www.usvetdsp.com/story24.htm

    • roadrunner

      So true, and an evil paradox.

  • Delaware Bob

    Illegal aliens are destroying this Country, and one would have to be almost blind not to see this. How much longer do we have to support these illegal aliens? How much longer do we have to school their illegal alien children? How much longer are we going to let them have our jobs? How much longer are we going to put up with all the crime, stolen identities, forged documents, fake green cards? How much longer are we going to allow these illegal aliens to send money out of this Country and bring our Country down? Oh, amnesty will correct all this. WRONG! Nothing will change except we wouldn’t be able to call them illegal aliens any more. Let’s get rid of these illegal aliens! Let’s get them back to their own Country where they belong! MAybe our country can come back from this INVASION of 20 million illegal aliens.

    Illegal immigration is a cancer, it has to be eradicated not tolerated.

    • Gary2

      I agree and I am liberal. There are many many progressives who feel as you do about the illegal aliens.

      Send the F***ers home, they are not wanted or needed.

  • ZOO

    At the heart of all of this is the U.S. Chamber of Commerce. Another word for “globalism” is greed. The Chamber is the most dangerous organization in America, and have taken over the Federal government. They have worked around the clock to cripple states fighting the invasion of their lands by Mexico and South America. They used their “influence” recently to kill immigration bills in Arizona and Texas.

  • John Bowman

    Don’t forget globalization includes replacing American workers in the USA with foreign immigrants, many of them here illegally who are a net drain on American taxpayers. This insourcing of foreigners is even more costly to Americans than the outsourcing of US jobs to foreign countries.

    • Bob Marshall

      John, if you were mad before wait until you find out about this law. Public law 87-297 Just type it in.

  • El Pollo de Oro

    Back in 1992 and 1993, a Texan by the name of Ross Perot spoke out against NAFTA (No American Factories Taking Applications) and warned us about that “giant sucking sound” of American jobs heading south of the border. A fat, uncouth RepubliKKKan neocon drug addict by the name of Rush “Pillhead” Limbaugh called Signore Perot an anti-Hispanic racist, insisting that NAFTA would be great for the country. Well, it turns out that Ross Perot—like fellow NAFTA opponents Patrick Buchanan and Ralph Nader—was absolutely right: NAFTA was a total disaster. When you act like a Third World country, you BECOME a Third World country—and thanks to NAFTA, globalism, outsourcing, etc., the former USA joined the Third World and became The Banana Republic of America. Ross Perot was motivated by a concern for American workers, not by racism or anti-Hispanic xenophobia as that vile, NAFTA-loving, traitorous, backstabbing son of a bitch Limbaugh said. Too bad more Americans didn’t listen to Ross Perot.

    Michael T. Snyder writes: “If American workers don’t have jobs, they aren’t paying taxes.” Very true. If there is one thing I’ve learned being in the business world all these years, it’s that the middle class have long been the IRA’s favorite cash cow. The uber-rich know how to get out of paying taxes (which as Leona Helmsley pointed out, are for the “little people”), and the poor don’t have very much to tax. That leaves the middle class, but now that the American middle class is dying, where will that tax revenue come from? Answer: there will be a lot less tax revenue for roads, infrastructure, police, schools, firefighters, water purification, etc. So get ready to live in a dangerous, violent, unstable Third World hellhole that’s going to have a lot of crime and a really crappy infrastructure.

    Ross Perot, Patrick Buchanan and Ralph Nader certainly called it when they said that NAFTA would be terrible for this country.

    • http://rapture-hoax.blogspot.com/2011/07/jesus-said-at-last-day.html TK

      It is a shame that we were told what would happen before it happened.

      Vote them all out in 2012!

    • Guido

      Yeah, but even in a world of shit, there are places to profit. I’ll tell you one thing-if you’re not too old to get into it, security, military, and paramilitary organizations are going to boom for the foreseeable future.

      With millions unemployed at home with nothing to do, we’re all going to need a lot of folks to watch our stuff while we’re all out working. Looks like the perfect place to start a low-rent security company. “We watch your stuff so you can go get more stuff!” I’ve seen it in Russia-you get some big guys, give em’ pepper spray, clubs, or guns and a chair and pay them to stand around on or in front of the property. Military surplus camo and boots complete your security force.

      • El Pollo de Oro

        Matter of fact, I’ve often said that armed bodyguards are going to be a major growth industry in the BRA just as they are in heavy demand in Brazil, Mexico, Venezuela and other Latin American countries. If you’re affluent in those countries, it’s suicidal to be unprotected—you need armed bodyguards for yourself and your loved ones (who are at risk of being kidnapped by gangs of thugs). The homes of the rich can be real fortresses in Caracas or Lima. Unfortunately for those of us who can’t afford bodyguards, the kidnapper gangs often go after the middle class (or those they think are middle class) when they can’t get past the rich folks’ bodyguards. But no doubt about it, there will definitely be some money-making opportunities for security professionals when the BRA becomes increasingly dangerous. As they say in Acapulco, if live gives you limones, make limonada.

    • Mandarin Mama

      El Pollo de Oro said it right, Ross Perot was absolutely right. My father supported his campaign wholeheartedly, a very hard-working Teamster union truck driver, who was ranting “I’m not buying anything not made in the USA” from as early as I can remember… as a young kid I remember being embarrassed bc my Dad can be somewhat eccentric at times, but man oh man he was right about this. He eventually lost his job in trucking for a large US textile shipping company that dried up right along with so many other US manufacturing jobs. As a young kid I actually started believing the rhetoric about Ross Perot being racist and then made the mistake of putting my father in the same category simply because he was a Ross Perot supporter. Now I know it wasn’t true, but the media has such evil power over the masses that it actually brainwashed me against my own extremely bright, hard-working and nonprejudice father. What a frickin shame. Shame on all Americans who don’t wake up and start thinking for themselves and doing real research on these issues, so that the banks, large commercial ads and dirty politicians can stop leading us to the frickin slaughter already…

    • El Pollo de Oro

      Oops, typo. I meant to say “the middle class have long been the IRS’ favorite cash cow,” not “the middle class have long been the IRA’s favorite cash cow.” I was referring to the Internal Revenue Service (for my friends in the UK, that’s the American equivalent of the Inland Revenue), not the Irish Republican Army. Ha ha! Lo siento.

  • A Dodgy Bloke

    I read a lot of blogs and listem to a lot of pod casts. All of them are saying the same thing. The Global Economy is slowing down are slowing down QE failed, all are saying we never got out of the first slump. The longer they try and keep this thing in the air the harder will be the crash, and the daisy chain will be global. Add to that resource depletion population overshoot you better enjoy the party wile it lasts.
    Get out of debt, get food stored, start a garden (It maybe to late in the year for that but start stock piling non GMO seeds and used the time to LEARN). Get a gun preferably a handgun and a rifle and get to know the people around you find like minded people. It’s to late to convince people something bad is going to happen.

    • http://rapture-hoax.blogspot.com/2011/07/jesus-said-at-last-day.html TK

      You are right, I have heard and seen the same slowdown. My company does a lot of commercial construction, and I am seeing other company’s who have been in business for years going under.

      Prepare while there is still time, and don’t say no one warned you.

  • SMASH THE CONTROL MACHINE

    “The corporations that profit from permanent war need us to be afraid. Fear stops us from objecting to government spending on a bloated military. Fear means we will not ask unpleasant questions of those in power. Fear permits the government to operate in secret. Fear means we are willing to give up our rights and liberties for promises of security. The imposition of fear ensures that the corporations that wrecked the country cannot be challenged. Fear keeps us penned in like livestock.”

    • SMASH THE CONTROL MACHINE

      MOO!!!!
      IS THAT A GOVERNMENT REGULATED TAG IN MY EAR

  • SMASH THE CONTROL MACHINE

    Rise so high, yet so far to fall
    A plan of dignity and balance for all
    Political breakthrough, euphoria’s high
    More borrowed money, more borrowed time
    Backed in a corner, caught up in the race
    Means to an end ended in disgrace
    Perspective is lost in the spirit of the chase

    [chorus]
    Foreclosure of a dream
    Those visions never seen
    Until all is lost
    Personal holocaust
    Foreclosure of a dream

    Barren land that once filled a need
    Are worthless now, dead without a dead
    Slipping away from an iron grip
    Nature’s scales are forced to tip
    The heartland cries, loss of all pride
    To leave ain’t believing, so try and be tried
    Insufficient funds, insanity and suicide

    [Chorus]
    [Solo : Dave]

    Now with new hope some will be proud
    This is no hoax, no one pushed out
    Receive a reprieve and be a pioneer
    Break new ground of a new frontier
    New ideas will surely get by
    No deed, or dividend. Some may ask “Why?”
    You’ll find the solution, the answers in the sky

    [Solo : Marty]

    Rise so high, yet so far to fall
    A plan of dignity and balance for all
    Political breakthrough, euphoria’s high
    More borrowed money, more borrowed TIME!!!!!!!!KICK THE CAN

  • SMASH THE CONTROL MACHINE

    A very important aspect of the debt system is that people are at the mercy of agreements they know nothing about. The concept of “my” job no longer exists. Since property rights are so limited by agreed considerations, no one really owns anything, outright. Future emergencies may drastically alter the terms of possession and use of property. The examples set in other countries bring a shocking warning to the U. S. With taxes and usage fees climbing at alarming rates, the idea of value added taxes surface, from time to time. As vile and invasive the thought of paying for property repeatedly, for the “privilege of using it is, legislatures still toy with the idea.With the possibility of international financial pressures bringing devaluation and currency collapses, no individual circumstance is safe. Real money sets the standards. The debt game flirts with disaster. With any commodity supply crisis, the global debt bubble could implode and consumer prices inflate out of reach, very quickly. The arbitrary and rebellious regulatory systems would instantly be powerless. The cascade of food and energy shortages would spread overnight poverty, in compliance with natural Law. The emergency response would be as frightening as anything seen in the last century. Officially administered poverty would become standardized, throughout the world. The mechanism for accomplishing that sweeping change already exists in the for of international financial regulation. One more step into Global Socialism has been taken. In these times, the same priorities that saw people through hard times in the past, hold true, today. Water, food and shelter, in that order are the survival requirements that no fiat currency system has ever guaranteed. We never want to be so desperate that we are reduced to eating grass and tree bark. By making better choices, we may be able to avoid those hardships. We certainly don’t want to be refugees in a Federal labor camp.

  • Luke

    We should all remember how Bob Dole, Newt Gingrich and Bill Clinton got up on the stage and were dancing and cheering, when these three treasonous slabs of rat dung managed to get NAFTA passed. Ds and Rs, folks. Ds AND Rs, for all you brainless, IQ of minus 2 Rush Limbaugh listeners who allow that Judas Goat to fill your empty skulls with his endless bull manure about how ‘Rs’ are your friends, and always vote for those Rs. Limbaugh, if you recall, helped to attack and demonize Pat Buchanan and his America First, anti-globalism, close our borders, repeal NAFTA, true patriotic and nationalist ideologies. Limbaugh also made fun of Perot and shrugged off Perot’s predictions about that ‘great sucking sound’.

    Well, its 2011. Who was right and who was wrong?

    Tip: Better find the ‘off-switch’ on your radio, and help boot that obese con artist with his Golden EIB bullhorn off his perch.

  • bowlan

    this story is slightly mised. the fact is it was not the NAFTA bill that killed the economy,it was the china free trade bill signed in 2001 by bill clinton. that bill allowed china to flood america will low cost imports,every thing we buy now has a made in china label on it.
    it doesnt say made in mexico or made in canada,witch is what the NAFTA trade bill did,the NAFTA bill opened the trade borders of canada and mexico;.every thing we buy now has a MADE IN CHINA LABEL 0N IT.THATS THE RESULT OF THE CHINA FREE TRADE BILL.imports have killed the economy.

    • CCinRI

      I hate to be the bearer of bad new, but Bill Clinton wasn’t the president in 2001, and if you want to blame our trade with China for the ills of America, you can look back to Nixon and Reagan for opening the doors of trade and negotiating deals for American manufacturers to open plants there respectively. Trade isn’t the problem, making American companies products that are manufactured overseas being exempt from trade tariffs is.

  • Beth

    Makes no sense to cut social security, medicare, etc. Why not default on debt instead? The lesser of two evils in my opinion. This was merely hyperboly by the Obama Administration as a scare tactic. Then Obama, yesterday, walked out of the debate. Great leader he is..NOT! His stimulus was a dismal failure. I often wonder if it was deliberate..hmmm! Doesn’t make sense to bomb Lybia. Clinton was wrong in repealing the Glass Steagall Act. The gov’t was wrong to borrow money from the Social Security Trust fund. And all the wasteful programs, such as paying a hundred thousand to students in California to study Ants somewhere on an island near the indian ocean. Health insurance rates went up 30% last year and this year based on Obamacare! Just what small business needs…more expenses. They put the extra expense burden on the employee furthering the demise of their disposable income. No disposable income means no spending. And the trickle down occurs. Or should I say trickle up poverty. Obama is a disguised socialist and a sympathizer. His brazen boldness to suggest Netenyahu change Israel’s bounderies was appalling. He apologizes to every county he can. Makes the US look weak. Flawed philosophy. Obama clearly has no reverence for the constitution nor does he care that it is his job to follow it. He simply makes his own laws. The economic climate is dismal and we have been painted into a corner. Grow gardens people. Stock up on food and ride the wave. It will be a long one.

  • http://wearamerican.blogspot.com/ Thomas Schiller

    I talk to people about this problem everyday. My impression: Nobody really cares! They still keep buying all this “Un-American Made”-Shit ! As long as people wearing “Patriotic Shirts” they are “Made in India”, “Made in China” it will go worse!
    There are a lot of samples for this:
    “American Eagle Outfitters” : Not a single piece is made in the US !
    “Levi’s-the ORIGINAL AMERICAN Jeans” – Made in Lesotho, Dominican Republic and Mexico
    “Shepler’s Original Western Wear” – Made in China
    This list could be endless….

    • Bob Marshall

      60% made out of counttry.

  • http://advanceremovals.com.au/ Interstate Removalists

    This is a real eye opener and is filled with some pretty scary statistics. It is good to see that some of us are waking up to the situation that has grown out of control.

  • http://www.hotbedinfo.com debut

    Our debt problem started with Bush SR. and Clinton when they passed NAFTA and the Chinese free trade act.

    To know what exactly happened,

    Google: How NAFTA Destroyed Detroit and the U.S.

  • laura m.

    Where are the Libertarians? They’ve been around for decades supposedly, but are very non productive or benign. Any of them that run for office never get elected. Voting today is for suckers; the bad guys win every time. Prepare yourself/family and brace for the worse. All hope is gone, America is down the abyss into a zero future. Here the Bill Deagle show 7/11/11 on you tube for cutting edge info. Google it in. We are finished folks.

  • Brad

    TruthAlert had an article saying the same thing.

    http://truthalert.net/Offshoring.htm

  • davidgmills

    The guy who stated above that Obama is a socialist represents the problem of America in a nutshell.

    Obama is no socialist. Not even close. He is a died in the wool corporatist and very much tied in with the global elite and the globalist agenda.

    Anything the corporate media and corporate elite can do and say to divide and conquer Americans they do and say. And Americans are the suckers who fall for it every time. Just like the chump above who fell for the socialist crap.

    Until we all realize most political terms mean nothing and it is really about the rich and everyone else, we will never be “We the people.” We will continue to be “we the chumps.”

  • Bill Jones

    The Banksters et al have long been pumping and dumping economies.
    Why should the US escape?

  • jerry

    We can start turning this mess around in very short order. Please…read the links I’m going to post here…and watch the video. Instead of borrowing our money from the privately owned federal reserve bank, our government can issue it directly without the crushing interest charges we now carry! Call it Social Credit…call it a Dividend Based Economy…call it a Basic Income Guarantee…the name isn’t important…the BENEFITS we will receive quite quickly after adopting a monetary system like this will be ENORMOUS!

    This directly issued money money will, for the most part, be spent locally for the products produced by local farmers and small businesses…whether food products grown locally, or products needed by housewives to benefit their families. We darn sure won’t be spending anything to further enhance the murderous Military-Industrial complex.

    Ok…here’s the links…please make an effort to understand how this system will work…the system we have now is outdated…IT NEEDS TO BE REPLACED!

    http://www.youtube.com/watch?v=7qIhDdST27g
    http://michaeljournal.org/monetaryreform.asp (Isaiah 2:4)
    http://www.michaeljournal.org/appenD.htm
    http://www.michaeljournal.org/econodividEN.htm

    Here’s a couple more you may be interested in:

    http://cafr1.com
    http://www.amendment-13.org/
    http://www.uhuh.com/constitution/tona.htm

    God Bless America!!!

  • Jim

    I agree, all is lost and voting is for fools. As Stalin put it, “those who cast the votes decide nothing; but, those who count the votes decide everything.” Our electronic voting machines are made in Venezuela by a Cesar Chavez owned company…Please remember that none of this has happened by accident, but by design. When the day of reconing occurs, not long in the future I fear, remember who the SOB’s are and make them pay. Stock your pantries while you still can.

  • A Son of Liberty

    All I can say is1776!

  • Lucille Rothstein

    So, what do we accomplish with all these words on here? Nothing. Actions speak louder than words. Don’t go to Wal-Mart. Don’t go to a chain store of any kind. If they sell foreign products don’t buy them. Unless it is a must, then do that, but think about what you purchase.Go to the second hand store and buy clothes there. I just had my alternator on my old chevy rebuilt. I know the parts probably came from mexico, but the guy who fixed it replaced only a few parts and he got the most benefit than say Auto Zone where I would have given them a huge bump in profit, and I also saved money that I will spend on buying AMMO made here in America.

  • JeannonKralj

    Interesting article and comments. I just observe that people in their hearts are no longer Christians. They worship money. Money is more important than human life. Our “elected leaders” are an insult to all that is honest and decent and good.

    The sovereignty of our nation and the common good of the people who are legally in our nation is the farthest thing from our “leaders’” minds.

    Our churches have betrayed the flock for the same reason. They worship mammon.

    None of them are about truth and none of them have a clue about the only way, following the One Who said He is Truth.

  • Mike Franklin

    Where are the Democrats? Where are the Republicans? Where are the Libertarians?

    How about, where are those Americans whom we hired to look out for our nation first? Where are those who have the gonads to say the globalism is killing our country? Where are those who will finally admit that this concept is destroying us like a cancer?

    You won’t them on your voting ballot. In fact, you won’t find them anywhere at all… except on the web or in a graveyard.

  • Bradley Eckert

    Listen to the tide slowly turning, wash all our heartaches away. We are part of the fire that is burning, from the ashes we will build another day.

    – The Moody Blues

  • sjsearcher

    Ross Perot correctly identified the demise of US job to outsourcing and everyone rediculed him and instead voted for Mr. Nafta (Bill Clinton).

    Here we are 20 yrs later with everything bad fullfilled that Ross Peror predicted. Americans are getting what they truely deserve. I have no sympathy for the dumb bastards.

  • ExSophus

    A VERY important element of this problem as well…

    America also blindly provided its technological information base and defense technology requirements to our global competitors.

    Every bit of advantage we had over other countries we basically GAVE to our competitors to use against us in the world economy.

    We did this by outsourcing manufacturing of our advanced technologies. The information was obtained either in the clear as needed to build the manufacturing base, taught to our competitors who send 10′s of thousands of students to our schools explicitly to bring US tech knowledge home, or by industrial espionage made infinitely easier by the above.

    Also, every one of our defense systems are now at some point almost 100% reliant on outsourced manufacturing…either finished items (like missile and plane subsystems (like guidance and targeting)) or key elements (like CPUs/processors, RAM, etc). Not only do they now know our technology (and can use it for themselves and can improve upon it for themselves), they have the opportunity to sabotage our outsourced hardware and software with reduced chance it will be detected (see recent news).

    As a result of the technology transfers we basically GAVE to them, they also now have the ability to REPLACE our technology sales with their own products on the world market.

  • http://www.amazon.com/Psychological-Warfare-New-World-Order/dp/0932367232/ref=sr_1_1?ie=UTF8&qid=1310713049&sr=8-1 Ben Dover

    ‘Globalism’ is the catch-word of the CFR (Council on Foreign Relations – the front group for the European Central Bankers)

    What went wrong in America? This book answers that question. America never really quit fighting the Revolutionary War.

    Psychological Warfare and the New World Order: The Secret War Against the American People
    http://www.amazon.com/Psychological-Warfare-New-World-Order/dp/0932367232/ref=sr_1_1?ie=UTF8&qid=1310713049&sr=8-1

    • Bob Marshall

      http://www.GlobalPoliticalAwakeing.net http://www.truthistreason.net See what you think of these sites. you are on the right track but it goes much deeper. few Americans know abouit Public Law 87-297. let your family an dfriends know. This is dangerous to our freedom as is Agenda 21.

      • Ben Dover (America)

        1) Global Neo-feudalism, via debt, for Nations and Individuals, with profits to Central Bankers, and 2) Global De-population. ALL OTHER CONSIDERATIONS STEM FROM THESE TWO PRIMARY GOALS OF THE ‘ELITE’ (EU/US CENTRAL BANKERS). Um, taking people’s guns away, is just another part of the program, all of it, aimed at gaining as much CONTROL over everything, and everyone as possible, at the very least, to insure the maintenance of the ‘status quo’, which is the EU/US Central Bankers control over the debt-based money system, and everyone who uses it. Buy silver.

  • Kevin

    The job of Ross Perot was to get Bill Clinton elected. Believe it Ross is an insider.

    GH Bush touted the virtues of NAFTA but did not have the political horse power to get it past House Democrats which was vitally necessary. Bill Clinton had no need to get Republican support for NAFTA because that came de-facto. Only a Democrat can get the Free Trade agreements through because the media and public at large KNOW that the Republicans are for business and the Democrats are for the “little guy”.

    Remember when Ross was climbing so rapidly in the polls that he actually had a good chance at winning? He bailed out and waved around his senile running mate to insure he would not win. Clinton was vague to moot regarding free trade unless he has at a real anti free trade audience. I personally heard him shout at the top of his lungs, “No NAFTA” at a UAW get out the vote rally. Once elected Clinton supported NAFTA and then China Free Trade in which 80% of US Senate Democrats and 83% of US Senate Republicans supported with a yea vote.

    The US pubic is and has been played like a fiddle.

  • Gary2

    We’ve all heard the arguments. You can’t tax the rich because they’ll hide it anyway. You can’t tax the rich more because they are the job creators. Higher taxes on wealth will hurt our economy, wait for the trickle down.

    I’m afraid I don’t trust the folks saying these things. I’d like to try it and see what happens for myself, thank you.

    • Robert

      Ignorance is no longer a legit defense. If you truly heard all the arguments you would know exactly what is going to happen. You shouldn’t be trusting anyone. You should be doing real unbiased research. But as always the sheeple are lazy and would rather be tv zombies and be hand fed lies. The truth is just too upsetting.

  • Jim

    Which Nave said the Dem’s are fo the little people? Which Jester claims the Rep’s are for business? Demicans and Repliblicrats one and all.

  • they play both sides

    First time on your sight and I am saddened to read about the demise of the once-great USA thanks to globalisation. But a word of warning. None are greater supporters & have done more to advance globalisation & destroy Western nations than the UK Trade Union bosses in unions like UNISON, featured in the ad above. These Marxists/globalists, when they are not slipping off on holiday to the socialist paradise of Cuba, have foe decades worked hand-in-glove with the EU Marxists to promote globalisation & the EUSSR and destroy European nation-states using mass immigration/multiculturalism.

    For these pro-globalisation vipers to now pose as champions of working people in Western nations is the ultimate in hypocrisy, but treason is nothing new for these Marxist/globalist lackeys of the Central Banker cabal. I wish the American people well but they must be made aware of these wolves in sheep’s clothing that will destroy any group opposed to globalisation.

  • Dot

    Yes, NAFTA is here but we are the consumers who wants the cheap goods and have purchased our way out of jobs. We can turn this cycle around by purchasing goods made in the USA by American workers. Once we stop purchasing imported products, companies will get the hint. The only thing is we come on these sites and complain and still run to the store and buy that $200.00 pair of Nikes. Do you think these companies are going to take us serious as long as we continue to do this?

  • Robert

    This is by design. Obama and his mob of extreme lefties HATE America and are trying to create a “new” totalitarian world order. Compare Obamas agenda to the communist manifesto and it is obvious. You are being led to slaughter by this wolf in sheeps clothing. Will you ever wake up?

  • don dunn

    cogent!
    but ” P i i g s” broke, now what?
    .
    see “falling. int. rates….des=
    .troy capital” (so less investment in
    equipment, etc. , fewer new starts ups, etc.
    fewer jobs_)?

  • C P Wendt

    I never say “Global”. I use “globular”. Example:
    “The globular villagers are restless, tonight”
    It’s a scam. There’s always been a “global” economy. Even before the Roman Empire. (The Ancient one)

  • http://www.globalresearch.ca Marlena Heidenreich

    This was stuff very few were warning people about 20 and 30 years ago, but know one believed our presidents and government leaders were actually too short-sighted to understand the implications, but the movement’s engineering elite understood exactly what was going to happen in time, especially as America business is further strangled by expanding government on the market end, and it’s anal attempts to fix problems by adding more limitations to the symptoms, rather than the main cause.

    The main cause is well protected in the system, because politicians are generally nation-state generally mediocre visionaries who don’t know much about where the globalist power evolution would naturally and eventually lead.

    If today’s politicians need to read about 100 books to get the paradigm, though it has already shifted, imagine the poor politician of the late 80′s and early 90′s being confronted by these concepts, they thought it was crazy talk.

    So it’s a case of the blind leading the blind even today, very hard to expand peoples awareness from the commercialized media standpoint, and from the mediocre academics who are thoroughly retarded as well into a nation-state paradigm that has past at a 99 in 100 ratio.

    The uncommon few saw these things in the making since before NAFTA and other acids were applied to the US system, but it was very hard to educate the masses, if even the leaders could not be made aware of what was really changing on a global scale.

    Now, it’s inertia is so great, it would be hard to change course without starting 100 years ago, when central banking of globalist embryo set it’s hooks into the globe in WW1 war debt foundation, which from that 400 billion dollars in 1914 money, and 3-5 trillion in WW2 1945 money, all of Europe and much of the globe was sunk into the game of the elites.

    It’s done folks, bank on God, because man is going down.

  • http://www.globalresearch.ca Marlena Heidenreich

    How to Rule the World in 300 Years: Fast Track Schematic – A Power Pattern Crystallizing Globally Now.
    ====

    “Money Making”? It’s a Developed Formula:

    The driving banking and economic mathematical models have been for the objective of centralized global financial control, from the Bank of England (1694), to the first Rothschild US bank (1791), to the second Rothschild US bank (1816), to the Civil War, to the crash of 1907, to the third Rothschild global bank, the Federal Reserve (1914), to WW1, 1929 crash to WW2, to the UN and? The last economic crash and war scenario for the end game, global finance control, equaling global governance.

    Notice the pattern? Every economic crash to war cycle, equals a new evolution in wealth’s symbology, currency, and the system attempting this eventual uni-polarity for Anglo-American domination, and quasi-elite-Jewish banking monopoly.

    1. Printed Money (Objective: Branding the Illusion; Psychological Fuel of the Masses): 

    A. Wealth Illusion:
    Symbolically representing wealth in a market for the masses, such as a dollar bill, or a super-symbolic digital representation like a credit card. (Once that is believed in the driving fuel of human resources can be ignited constructively, for programmable periods of time, with potential of supra-national expansion)

    2. Objective: Example of Predatory Currency Monopoly and Absorption (From National to the Natural Evolution Towards Global):
    A. One US Currency Historical Pattern: 

    From the American Revolution to the Civil War, to Dec 23rd 1913 Federal Reserve, the US Dollar was established with one controller, a private corporate international body (supra-national).

    B. Global Foundation:
    From the Federal Reserve, WW1 forcefully ingrained 400 billion dollar global post war debt, WW2 broadcast another 5 trillion in debt.

    3. Central Global Control:

    A. Monopolistic Pyramid Structure Super-Sovereign Private System:
    The other driving objective is who controls that symbol ($), and that foundation was now set globally stating markedly in 1914 [1].

    Main Puppet: United States of America

    The Main Pattern – War for More:

    1. Dynamic Global Evolving Objective:
    Now recall this American finance microcosm example, played out globally by these initial cycles of war debt boom to global war have a goal:

    Objective: 

    To indebt whole nations to a central financial control mechanism, controlled privately for virtually nothing as start-up fictional printed and digital money, the objective pattern is easily seen here from 1776 to 1945, from the US to the UN governance structures. 

    Review the Patterns:

    A. Brand the Money Symbol Publicly:
    Establish the symbols illusion of wealth and motivation by that belief from top to bottom of a social commercial/industrial order, from top down. (As stated above, that is complete (globally).

    B. Predation Market Ecology:
    Cripple one competing symbol of wealth, and absorb it into another. Cripple one controller of that symbol (governments, financial groups), and absorb it into another, e.g., post American Revolution, Civil War, Federal Reserve WW1, WW2, and today’s climax becoming the last assault on the global multi-polar symbol towards a uni-polar governance from finances to war engine to the globe.

    Half Way to Global Financial Government:

    1. Trap Set:
    Globally that objective was met, by basing ALL economies on the US Dollar. This allowed one currency to control others directly, but not absorb them, but that’s coming, the US Dollar will be the fish, that ate the other fish, which will also be eaten.

    2. Power Group Set with Global Foundation: 

    That also allowed not only the wealth symbology to be controlled ( US/UK/Quasi-Israeli globalist bankers), but a massive debt private ownership of real assets (globally) and capital redistribution into this pyramidal control group: technological industries, governments, militaries, commerce sub-systems, properties, civil and social infrastructures, and especially forming financial infrastructures abroad patterned on this proven finance DNA globally of this groups design and digitally enhanced algorithmic guidance, guided as well to the end objective discussed next, global finance monopoly and domination.

    The American Abyss:

    He Who Has the Gold, Makes the Rules: Now that we are at the “half-way” point, and America reluctantly took up the crown of global hegemon since 1914, puppeted by the Rothschild/Britain finance and global philosophic collusion, the super-sovereignty which already bought England’s governance, it is time to continue that end objective: the global finance superiority of what was mathematically engineered by that original group into a uni-polar financial control system and monopoly.

    End Objective Review:

    We can plainly see this when you set blind optimism, and philosophical distractions aside which mask the more basic pattern, and realize the true engineered and now “natural” objective, the final predatory absorption of the world’s financial system, thereby the world’s governance system is monopolized by a private super-sovereign.

    1. Transition to Global:
     
    America, the sole 20th century tool for the super-sovereign hegemonic needs of another group in agreement, based within the Rothschild/Britain cryptocracy, must now be dissolved into the whole. It’s symbology, the US Dollar, must be absorbed into a greater finance symbology global to come (“rebranded” publicly and globally).

    A Transition Time:
    The intermediary American economic system can now be purged, for it has met it’s objectives: 

    1. Super Global Sovereign Power:
    The key power system governance is in control of the super-sovereign above any national controls or constraints; the nations are pawns by debt and coercions in various forms; 

    2. Invisible Global Government:
    The control system is concealed by philosophical smokescreens creating dissent and mystery, in tangent with it’s “in broad daylight” developmental history, eg, hidden in plain sight; 

    3. Global Empire Complexity and Scale:
    It’s main power systems are decentralized from the national visible governments, into a global empire network removed from the nation-state control, yet centrally controlled by a global sovereign group above nations.

    4. Dominant Multi-National and Private Military and Weapons Monopoly:
    The UN/NATO powers are the over-riding global control as an example, defined by the IMF and World bank in part, all national legislative definitions are connected to the UN [2].

    5. Stage Clearly Set for the Last Move:
    Competitive symbols are positioned for absorption, through the US Dollar symbol’s global foundation of the whole.

    2. Devolution Process:
     
    So what we are seeing happening to the US economy, must occur for this final economic implosion to war pressurization cycle repeating. This provides the foundation of a new controlled global, uni-polar symbology, which rather than absorb one financial symbology set like Europe’s (WW1/WW2), after absorbing the 19th century American cornucopia of currency previously (Civil War), this one is positioned for a global finance conquest by reliance and penetration of the USDollar by economic invasion into the global financial system, the end game of the original formula approx. 300 year ago as the Bank of England forged the master pattern and control group, soon to attach America to it’s objective means.

    3. Final Global Governance: 

    Last Human Kingdom(&th King co-existing with the last in the ascendancy, the 8th King): 

    This brings us to the 21st century hegemon, not the American nation-state shell, nor the British nation-state shell, but the globalist super-sovereignty which devised this process, based upon the Anglo-American corporate military complex, running Quasi-Israeli Rothschild market Mathematics, the Magi of Money Worship. 

    Attempted World Rulership: 

    The original cabal, which is described loosely as the globalist finance network of the Rothschild origin, based in England and Europe originally, but now a truly global super structure of power based on finance and asset/nation-state government ownership, is the new world rulers and America was a necessary tool in this quest and end objective.

    4. Terminal Case:

    This cannot be stopped or reversed by human power that is controlled by the original symbols of wealth by believing in money and “good faith” in the government to back it, and that is where it’s power lies, from the top of bank, government, and society, to the bum in the park.
    Since there also was little alternative such as barter, this system is force fed to the masses from birth.

    (Keep your eyes on the big picture, and all the distracting minutia fit’s into place defining the big picture, rather that obscuring it)

    ==========
    References:

    [1] 

    I have had to adjust the conservative figures of WW1 global debt from 210 billion to 400 billion USDollars, and the WW2 global war debt from 2 trillion to 5 trillion based on new analysis of these finances. These are 1914, and 1945 dollars respectively. 

    1914 Foundation of Globalism to Uni-Polar Soveriegn:
    UK/US Debt Slavery WW1 (The Seed of World War 2 and 3)
    http://www.topix.com/forum/religion/jehovahs-witness/T23OBVNK3ES4763K8

    1914 Control Structure: Global Credit and Debt Pyramid

    “Wild Beast2″-Custom Built Demon Elite Beast 
    Revelation (13:11; 13:14)
    http://www.topix.com/forum/religion/jehovahs-witness/TGC759GQDVTMGR6Q6

    [2]
    UNATO now Global and a UN sidearm representing 70% of the global defense spending.
    http://www.globalresearch.ca/index.php?context=va&aid=10503UN/NATO Global Strategic Concept Commentary (Sept. 23, 2008)
    West Plots To Supplant United Nations With Global NATO
    http://www.globalresearch.ca/index.php?context=va&aid=13759

  • SMASH THE CONTROL MACHINE

    Most small businesspeople I know (and that’s a bunch) are in one of 3 categories: (1) Frozen in fear, (2) Looking for a job with another company, or (3) Business bumping along but not expanding.
    Small biz won’t hire again until demand mandates it. Big outfits are running on skeleton crews; people asked to do 2-3 jobs for the pay of 1.
    Hell look at the Radio broadcasting industry. Used to be 5-10 different companies in a medium size town; now it’s down to 1 or 2 and they run all those stations on computer; staff of just 1 station. Probably more Radio people out of work in the US percentage-wise than any other industry. And it’s all due to consolidation and GREED!

  • Dave McGill

    From day one, globalization was a program created by the international capitalist cartel to soften up the too-expensive American worker. Since most people don’t open their eyes to see the obvious, the billionaire-owned media succeeded in passing it off as a good thing. I was flabbergasted during the Clinton years when Gore, travelling in China, proudly announced a new GM plant over there. Now, GM sells more cars in China than in the U.S.

    We should know by now how wrong globalization is. Free trade has become free manufacture. And the attack on the American worker has moved directly into the U.S. where multiple efforts are currently underway to cripple labor’s right to organize against the now overwhelming power of corporate employers.

    The ugliest chapter is yet to come. That’s when the corporations will follow their markets and their workforce to the foreign lands, partly spurred on by the need to leave behind the escalating taxes that will by then be imposed by a financially-crippled nation.

    Portions of corporate activity have already moved out of the country, costing the treasury an estimated $100 billion per year but Halliburton is probably the first to actually move out its executive offices – in that case to the Persian Gulf area.

    Sadly, there is no one to stop the process. The multi-national corporations are obviously quite happy to see it continue to evolve. Our politicians are so consumed with the funds and lobbying perks that flow their way that they have no incentive to rock the boat – and their time-horizons are no longer than their terms in office anyway.

  • http://www.youtube.com/watch?v=x-CrNlilZho Ben Dover (America)

    What can Americans do to fight the New World Order?

    1. Turn off or throw away your T.V.
    2. Think for yourself.
    3. Question all so-called ‘Authority’
    4. Get out, and/or stay out, of debt!
    5. Use cash, trade or barter as much as possible, rather than debit cards and credit cards
    6. Get rid of grocery store ‘discount’ cards –grocery stores provide this information to insurance companies.
    7. Bank at a Credit Union, or any alternative to the ‘TBTF’ Banks, that participated in the 2008 Banker Bailout.
    8. Invest as much as you reasonably can in precious metals – especially silver.
    9. You have the right to own a firearm, to protect yourself,and your family. Read the 2nd Amendment.
    10. Buy products “Made in America”
    11. Start your own garden
    13. Meditate or pray – reduce your stress!
    14. Get exercise!
    15. Read a book (here is an excellent book recommendation: Psychological Warfare and the New World Order:The Secret War Against the American People
    http://www.amazon.com/Psychological-Warfare-New-World-Order/dp/0932367232/ref=sr_1_1?ie=UTF8&qid=1310394551&sr=8-1 )
    16. Listen to soothing classical, jazz, ambient, or other alternative music
    17. Watch ‘Freedom to Fascism’–a film by Aaron Russo (can be found here: http://www.youtube.com/watch?v=lUpZhhbKUBo)
    18. Watch ‘Why We Fight’–a film by Eugene Jarecki (can be found here: http://www.youtube.com/watch?v…r_embedded)
    19. Watch ‘Endgame’–a film by Alex Jones (can be found here: http://www.youtube.com/watch?v=x-CrNlilZho)
    20. Below is advice from John Perkins’ book, entitled THE SECRET HISTORY OF THE AMERICAN EMPIRE (The Truth About Economic Hit Men,Jackals,And How To Change The World), pp. 322-329.

    “AVOID SHOPPING AS ‘RETAIL THERAPY’ (Instead, jog, meditate, read, or find some other solution).
    SHOP CONSCIOUSLY – if there is something you must have, purchase items whose packaging, ingredients, and methods of production are sustainable and support life.
    MAKE EVERYTHING YOU OWN LAST AS LONG AS POSSIBLE
    PURCHASE AT CONSIGNMENT AND THRIFT STORES –where everything is recycled.
    Write letters telling Monsanto, De Beers, ExxonMobil, Adidas, Ford, GE, Coca-Cola, WALMART, and other labor exploiters and environment destroyers
    why you REFUSE TO PURCHASE FROM THEM.
    CUT BACK ON OIL AND GAS CONSUMPTION!
    DOWNSIZE (your car, home, wardrobe) – everything in your life (and don’t buy what you don’t need)
    SUPPORT/SEND MONEY only to non-profits, radio stations, and other organizations that promote JUST causes.
    VOLUNTEER your time and energy to such organizations.
    SUPPORT LOCAL MERCHANTS
    ENCOURAGE stores to buy from local growers, producers, and suppliers.
    Shop at your LOCAL FARMERS’ MARKET
    AVOID DRINKING WATER THAT IS FLUORIDATED (only your toothpaste should have non-industrial fluoride)
    INSIST that those who use your money – banks, pensions, mutual funds, companies – make socially and environmentally responsible investments.”
    21. Invest in precious metals (especially silver).
    22. Research every company whose products or services you buy
    23. Research every organization to which you donate your hard-earned money
    24. Vote with your dollars!
    25. Watch ‘The Secret of Oz’– a film by William T. Still (can be found here:http://www.youtube.com/watch?v=swkq2E8mswI)
    26. Get prepared for when the U.S. dollar TOTALLY COLLAPSES – You’ll need 1) Water, 2) Food, 3) Vital Medicine 4) First Aid Kit, etc.
    27. Global, non-violent, NON-COMPLIANCE is the answer, of We the Plebs, to the ‘elite’ New World Order!
    28. Find alternatives to EVERYTHING that they’ve set up, to entrap you in THEIR system.
    29. What would happen if 200 MILLION AMERICANS refused to pay their taxes, in 2012? (Just a hypothetical question)
    30. Familiarize yourself with the concept of BOYCOTT
    31. Corporate Membership in the CFR (Council on Foreign Relations):
    http://www.cfr.org/about/corporate/roster.html
    32. Don’t ever join a ‘secret’ society
    33. Watch ‘Global Warming or Global Governance’ (http://www.youtube.com/watch?v=_u81qXOYfKg )
    34. Educate yourself. Thomas Jefferson: “If a nation expects to be ignorant & free, in a state of civilisation, it expects what never was & never will be.”

    Expand the above list,and share it with everyone you know!

    • Angela Allafire

      Hey Ben Dover from America (north,south,central?)
      Sounds like the good old 60′s all over again … good times!
      With the exception of #8 I am in total agreement!
      Following is a small excerpt from an essay I wrote some time ago titled “…and in my personal opinion, however …”
      #1 Before making a judgment about my opinion, read it all and keep in mind … although my opinion may cause you to be angry and form an opinion about me, that is your right which I honor, because I believe we are all entitled to our own opinion (and so far there is no law against that).
      #2 EVEN MORE IMPORTANT than my personal opinion is the fact that when “push comes to shove”, I set my personal opinion aside and make a serious effort to apply common sense, fairness, law, and the greater good for human welfare, to the decisions I make.

      “Buying gold as protection from economic failure is just not good logic …
      The very idea that one should buy gold as a hedge against a depression, or God forbid, a natural (or unnatural)disaster, is ludicrous. In any case, I doubt that a gold coin will provide me with nutrition, shelter, or warmth against a cold winter or starvation. Nope, I’m not giving up my can of beans, stash of seeds, tent, or wool blanket for a hunk of hard, cold, yellow metal. Hope your greed and lack of common sense keep you warm, and dry, and your tummy full.”
      Be Well, Bendover

  • http://www.youtube.com/watch?v=x-CrNlilZho Ben Dover (America)

    “The single most important thing any human being can do, anywhere in the world, right now, today – is BUY SILVER. EVEN IF ONLY ONE OUNCE, OR TWO. BUY AS MUCH AS YOU CAN AFFORD. IF 100 Million human beings buy one ounce of silver – the central banker parasites are FINISHED. And, humanity can go back to living as God intended them to live – in FREEDOM.

    The Silver Bullet and the Silver Shield http://dont-tread-on.me/the-silver-bullet-and-the….

    Crash JP Morgan – Buy Silver (Episode 96, Keiser Report) http://www.youtube.com/watch?v=wN0rcNJXFfI

    I’m a Crazy Silver-Bug…Why Aren’t You?
    (or, 33 reasons to buy silver, instead of gold…) http://www.roadtoroota.com/public/597.cfm

    source: http://www.thelibertyunderground.net/2011/05/ron-

    Watch ‘The Best Documentary of 2010′ – “The Secret of OZ”, to understand how the European Central Bankers took over the United States, in 1913, and realize, that by buying SILVER, we may be able to take our country back…

    The Secret of Oz http://www.youtube.com/watch?v=swkq2E8mswI

  • Angel

    I hope someday, a closer one, the great United States people wake up this nightmare of corporative governments, corporative parties, corporative politicians, voted one after one, again and again, just to get their offices and make richer a bunch of robber barons and making poorer to almost everyone.

    The great USA people paying the robber baron’s “mistakes” in a “free market” with the taxes collected by corporative governments from people’s wages, from people’s effort, from people’s sweat.

    No USA factories. No USA jobs. No USA wealth. Only financial market papers and overseas jobs. Nothing else is being left for the great USA people.

    I hope my USA brother and sister, worker as I am, may wake up from this horrible nightmare…

  • Norad

    it really doesn’t have to be a complicated method of turning things around when there exists tariff tool. Tariffing everything made outside the U.S. by around 40% is about right according to Choate the v.p. candidate in 1995. The figures in wikepedia show a powerfully convincing inverse correlation for tariffs over GDP. In effect, the smaller the tariffs the worse for the country’s prodctive performance.
    http://en.wikipedia.org/wiki/Tariffs_in_United_States_history.

  • patriot alice

    Soon our minimum wage will be the most common wage…

    • Bob Marshall

      You are so right! Congress is considering doing away with the minium wage.

  • http://www.amazon.com/Psychological-Warfare-New-World-Order/dp/0932367232/ref=sr_1_1?ie=UTF8&qid=1310394551&sr=8-1 Ben Dover

    The EU/US Central Bankers have two openly declared goals: 1) Global Neo-feudalism, via debt, for Nations and Individuals, and profits for Central Bankers, & 2) Global De-population. Yet, in the MSM (Main Stream Media), there is still an argument that there are ‘TBTF’ (‘Too-Big-To-Fail’) Banks????? How stupid are people?

    Psychological Warfare and the New World Order: The Secret War Against the American People
    http://www.amazon.com/Psychological-Warfare-New-World-Order/dp/0932367232/ref=sr_1_1?ie=UTF8&qid=1310394551&sr=8-1 )

  • http://landdestroyer.blogspot.com/2011/02/real-revolution.html Ben Dover (America)

    Naming Names: Your Real Government (When dark deeds unfold, point the finger in this direction).
    by Tony Cartalucci
    http://landdestroyer.blogspot.com/2011/03/naming-names-your-real-government.html

    The Real Revolution
    http://landdestroyer.blogspot.com/2011/02/real-revolution.html
    “Boycott the globalists, cut off their support, undermine their system, and they lose their ability to commit these atrocities. That will be a real revolution and it can start today. Not burning cities and masked rebels waving flags, but communities no longer dependent and fueling a corrupt system we all know must come to an end.”

  • Francisco

    Who is behind globalization and the IMF? The same people that are behind the moral decay (Hollywood), the Fed, the mainstream media, and the groups bringing in restrictions on free speech. These are the same people who control congress though the powerful AIPAC lobby (look up AIPAC on Wikipedia). Wake up people!

  • Patriot1

    Recently, we had a government shutdown here in Minnesota. Of course the local media acted as though it was some serious “crises” and that the people “need” the government. Being a self-sufficient man who’s always made his own living by hard work, I couldn’t have cared less how long they shut down, the only people it affects are those who are dependent on government. But then I thought, what if we were to shut the PRIVATE sector down? If we all came together as a nation and everybody refused to work? Kind of a nationwide strike? The globalist parasites would be screwed, because there’d be nobody left for them to suck the blood out of, they’d be finished! We should all refuse to work until all these bloodsuckers step aside and get the hell out of our country, and we can replace them with PATRIOTS and CONSTITUTIONALISTS. Just a thought.

  • Bob Marshall

    We are fortunate that congresss never listened to the warnings from our founders of too large a government creates more debt. Too large a military industrial complex can lead to nation building. Allowing a central bank to control the issunace of our money.Remembering where our blessings came from. I would like to think they just never listen but by now everyone knows congress does the bidding of those who helped get them elected.The same individuals who cause our problems seem to stay in office.Globalism is the plan of the global elite.

  • maghox

    “the standard of living of the hundreds of millions of workers on the other side of the world will come up slightly while the standard of living of American workers will come crashing down at a blinding pace.” Things are reverting, through decades, americans’ standard of life was rising sky high because of opression towards weaker countries, being by invading them and taking their resources with irracional wars, or by crushing them economically (as it is done right now with the “willing-to-work-for cents an hour” jobs). So instead of enjoying LCD flat TV and monster trucks while the 3rd world is working to support that american lifestyle, I think people there (in the US) should broaden their mental horizons and start analyzing reality from another perspective.

  • http://www.tendollarjobs.net Bob Jackson

    Hey There Endoftheamericandream,
    Along the same lines,, Farmer is always the first to have something good to say about others and other systems. You’ll never hear anything out of his mouth that puts any other system or tool for Global Resorts Network in a negative light. He does however, passionately share his feelings about what his company offers and believes that the Global Sales Center is on top when it comes to providing services. Here’s why.
    Great Job!

  • http://ledorlcd.org led or lcd

    The info is a great help to me, thanks you so much.

  • Wakjob

    Companies ruined or almost ruined by imported Indian labor

    Adaptec – Indian CEO Subramanian Sundaresh fired.
    AIG (signed outsourcing deal in 2007 in Europe with Accenture Indian frauds, collapsed in 2009)
    AirBus (Qantas plane plunged 650 feet injuring passengers when its computer system written by India disengaged the auto-pilot).
    Apple – R&D CLOSED in India in 2006.
    Apple – Indian national and former Goldman Sachs board member Rajat Gupta charged with leaking Intel and Apple secrets over the phone.
    Australia’s National Australia Bank (Outsourced jobs to India in 2007, nationwide ATM and account failure in late 2010).
    Bell Labs (Arun Netravalli took over, closed, turned into a shopping mall)
    Boeing Dreamliner ES software (written by HCL, banned by FAA)
    Bristol-Myers-Squibb (Trade Secrets and documents stolen in U.S. by Indian national guest worker)
    Caymas – Startup run by Indian CEO, French director of dev, Chinese tech lead. Closed after 5 years of sucking VC out of America.
    Caterpillar misses earnings a mere 4 months after outsourcing to India, Inc.
    Circuit City – Outsourced all IT to Indian-run IBM and went bankrupt shortly thereafter.
    ComAir crew system run by 100% Indian IT workers caused the 12/25/05 U.S. airport shutdown when they used a short int instead of a long int
    Computer Associates – Former CEO Sanjay Kumar, an Indian national, sentenced to 12 years in federal prison for accounting fraud.
    Deloitte – 2010 – this Indian-packed consulting company is being sued under RICO fraud charges by Marin Country, California for a failed solution.
    Dell – call center (closed in India)
    Delta call centers (closed in India)
    Duke University – Massive scientific fraud by Indian national Dr. Anil Potti discovered in 2012.
    Enron, WorldCom, Qwest, and Tyco all hired large numbers of foreign workers from India before their scandals.
    Fannie Mae – Hired large numbers of Indians, had to be bailed out. Indian logic bomb creator found guilty and sent to prison.
    Goldman Sachs – Kunil Shah, VP & Managing Director – GS had to be bailed out by US taxpayers for $550 BILLION.
    GM – Was booming in 2006, signed $300 million outsourcing deal with Wipro that same year, went bankrupt 3 years later
    HP – Got out of the PC hardware business in 2011 and can’t compete with Apple’s tablets. HP was taken over by Indians and Chinese in 2001. So much for ‘Asian’ talent!
    HSBC ATMs (software taken over by Indians, failed in 2006)
    IBM bill collecting system for Austin, TX failed in 2012 written by Indians at IBM
    Intel Whitefield processor project (cancelled, Indian staff canned)
    Intel – Trade secret stolen by Indian national Biswamohan Pani in 2012.
    JetStar Airways computer failure brings down Christchurch airport on 9/17/11. JetStar is owned by Quantas – which is know to have outsourced to India, Inc.
    Kodak: Outsourced to India in 2006, filed for bankruptcy in Jan, 2012.
    Lehman (Jasjit Bhattal ruined the company. Spectramind software bought by Wipro, ruined, trashed by Indian programmers)
    Medicare – Defrauded by Indian national doctor Arun Sharma & wife in the U.S.
    Microsoft – Employs over 35,000 H-1Bs. Stock used to be $100. Today it’s lucky to be over $25. Not to mention that Vista thing.
    MIPS – Taken over by Indian national Sandeep Vij in 2010, being sold off in 2012.
    MIT Media Lab Asia (canceled)
    MyNines – A startup founded and run by Indian national Apar Kothari went belly up after throwing millions of America’s VC $ down the drain.
    Nomura Securities – (In 2011 “struggling to compete on the world stage”). No wonder because Jasjit Bhattal formerly of failed Lehman ran it. See Lehman above.
    PeopleSoft (Taken over by Indians in 2000, collapsed).
    PepsiCo – Slides from #1 to #3 during Indian CEO Indra Nooyi’ watch.
    Polycom – Former senior executive Sunil Bhalla charged with insider trading.
    Qantas – See AirBus above
    Quark (Alukah Kamar CEO, fired, lost 60% of its customers to Adobe because Indian-written QuarkExpress 6 was a failure)
    Rolls Royce (Sent aircraft engine work to India in 2006, engines delayed for Boeing 787, and failed on at least 2 Quantas planes in 2010, cost Rolls $500m).
    SAP – Same as Deloitte above in 2010.
    Singapore airlines (IT functions taken over in 2009 by TCS, website trashed in August, 2011)
    Skype (Madhu Yarlagadda fired)
    State of Indiana $867 million FAILED IBM project, IBM being sued
    State of Texas failed IBM project.
    Sun Micro (Taken over by Indian and Chinese workers in 2001, collapsed, had to be sold off to Oracle).
    UK’s NHS outsourced numerous jobs including health records to India in mid-2000 resulting in $26 billion over budget.
    Union Bank of California – Cancelled Finacle project run by India’s InfoSys in 2011.
    United – call center (closed in India)
    US Navy F-18 jet crashes into Virginia apartment building on 4/6/12 after outsourcing F-18 work to India’s Tata.
    Victorian Order of Nurses, Canada (Payroll system screwed up by SAP/IBM in mid-2011)
    Virgin Atlantic (software written in India caused cloud IT failure)
    World Bank (Indian fraudsters BANNED for 3 years because they stole data).

    I could post the whole list here but I don’t want to crash any servers.

  • http://twitter.com/factchecker2000 Fluffy Mergatryod

    What is causing the continued economic malaise for the middle class is globalism. Shipping millions of our jobs overseas, and bringing in millions (yes, millions) of foreign guest workers in on visas – how can this not have an effect? It has even brought down the birthrate and the formation of families among citizens. Who can count on being able to pay a 30 year mortgage, or even month-to-month rent? Back in former decades, you had to be some kind of bum not to have a job. These days you can be a great worker and still be out on the street.

  • Bilal Farooq Usmani

    It isn’t globalism. It’s destroying a country economically finally resulting in political instability, & then enforcing all the dogmatism the loaning authorities can. Pakistan is a live example.

  • Mariom

    USA will never be able to compete in the global market, how can we compete with China or India when they pay around $3.00 per day. Nafta was the worst thing that ever happened to USA. What I dont get is why would the goverment knowingly want to weaken our economy. The USA it’s on its way toward becaming a third world nation. The only way to bring jobs back to america is to End all Free Trade Legislation and put Tariffs on all Imports.

  • jack cox

    so-called FREE TRADE “slavery returned”,The end of fair customs and duty, making importers pay the same accrued taxation as american enterprise, has resulted in our nations jobs exported into slave nations, then returned into slave goods super markets where the trading clan take profits offshore, and common america descends into a 3rd world nation—the eventual end of our nation caused by ending our independence at the hands of criminality in government