Friday, June 12, 2009

U.S. Chamber of Commerce Gets Stimulus: Now "Educational" Institution?

Buried in the news due to the brouhaha and continuing sensationalism in reporting which has occurred due to the shooting earlier this week at the Holocaust Museum and the liberal spins on the story now being expanded and repeated without much "hard" evidence and proof on the true motivations and actions of this 89 year old apparently demented man and World War II enlistee, who has yet to be questioned himself it appears (and who knew enough about computers to have and maintain his own website at 89, and was on one source a "Nazi officer," although American enlistee?), there have been several other stories not as widely covered.

One of which is the recent announcement by the United States Chamber of Commerce that they have decided to undertake a mission at the tune of over 10 million dollars in order to "educate" the public on the economic benefits of "capitalism and free markets," over what many are labeling Mr. Obama's socialistic moves this past several months in taking over and bailing out several of our major private industries.

Such as the banks and auto manufacturers, and redistributing the wealth according to Congress and the Executive Office's priorities for global policy reasons most of all.

Global socialism, in other words.

The problem that I have with that is first the question of just where, in this struggling economy with industries across the spectrum pleading poverty, the Chamber is getting this 10 million in order to undertake their "educational focus and program?"

Since such a declaration of intent falls within the parameters of "education" and a major focus of the stimulus sums were earmarked for "educational purposes," could the U.S. Chamber now be one of those recipients of stimulus monies, another payback by both the Democrats and Republicans to their big business supporters for their 2008 election coffers?

Doesn't this simply mean that the U.S. Chamber of Commerce is a social welfare recipient itself now of the U.S. taxpayers? And their agenda merely is more propaganda for their member corporate interests, i.e., convincing the public that their lobbying efforts have the American citizens and consumers in mind with their "free market" theories?

Since the U.S. Chamber does not support any "buy American" clauses in most of the Congressional legislation that has come out of the Hill for literally decades, and is a big supporter of "free trade" global agreements, open borders and global tourism is one of their primary focuses especially between the United States, Canada and Mexico, is not their idea of "free market" and "capitalism," simply "global corporate socialism," under the much rumored North American Union banner of one world government under U.N. dictates, rather than America's own Constitution?

"Corporatism" is entirely different than "free market" capitalism, an economic theory that the founders found actually compromised U.S. industry and labor. The United States Chamber of Commerce is similar in agenda to the East India Tea Company which existed prior to America's Revolutionary War in its public/private partnership with the sovereign, and dominating and monopolizing European imports and exports and the marketplace.

A "monopoly," as it were, squeezing out the independent, small business entrepreneurs, and compromising U.S. domestic production and labor in the process. While getting "tax breaks" and "privileges and immunities" at the colonialists expense for inferior products and unfair trade practices.

The U.S. Chamber may be "U.S. owned," but its agenda is clearly globally, not domestically, focused for its member corporations in supporting and promoting many U.S. interests which have moved offshore, or employment of foreigners at the cost of American labor in order to increase profits and production and skirt around U.S. minimum wage and labor laws for these multi-national corporations, while promoting and supporting a "hands off" policy with respect to regulation of executive level pay.

Although corporations, by their very nature, are the "property" of the disinterested shareholders once those corporations go public.

In my opinion the entire argument with respect to executive pay levels and government involvement could be cured by recognizing these U.S. corporations for what they are. Property. And as "public" corporations, owned by the shareholders who should have final and absolute authority with respect to compensation levels for their top level management with the caveat that all such matters as public corporations be determined by "one vote per ownership" no matter how many shares are held by an individual or corporate investor, or based on a 2/3rds majority vote in order to protect those minority shareholders from majority "block" voting.

This isn't baseball cards we are dealing with here, it is multi-billion dollar corporations, and yet our Congress and government have now even given "corporate person-hoods" privileges and immunities far greater than the American people and citizens individually.

Governmental protection, and now the American people are enforced shareholders in these major corporations, again without any voice in the huge "socialization" of these debts but left holding the bag but without any beneficial interest for their now investment, which corporations are now being brokered and sold piecemeal to foreign and global interests primarily, and giving foreign governments and industries more and more influence in the American political process, again, over and above the lawful American citizens in addition to their jobs and homes.

But with this announcement of the new nationwide "Campaign for Free Enterprise," and its education branch funded with over 10 million in stimulus monies, is it not the epitome of hypocrisy to fund a purported "free market and free enterprise" campaign with sums gained through public welfare and "socialism" at its core?

It seems that returning to our Constitution and intended form of government, if Congress was actually performing the functions for which it was lawfully charged to do, would guarantee that the larger would not snuff out the weaker in this "global corporatism" the American people are now subjected to on each and every level.

It appears the "Campaign for Free Enterprise," is simply another "job creation," and stimulus of the Bush/Obama administrations and our treasonous federal legislators for big business and global corporate interests which is now being funded by the American taxpayers - with "freedom" and "liberty" which formerly were "principles," and Constitutional directives now only to have morphed into an industry all its own and simply another government funded new job stimulus and "industry" for the Fortune 500's additional financial gain most of all, and it appears selected "freedom and liberty" focused citizens organizations and groups.

Since such groups have sprung up in abundance since the Bush years, and now "freedom" and "liberty" are being used as industries all their own in trinkets, ad revenues for websites, and fees and costs for traveling to and from freedom and liberty based paid speaker "seminars."

The "free market" global capitalist corporatists version of the opposing global social corporatists "global warming" scam.

http://www.uschamber.com/press/releases/2009/june/090610_enterprise.htm





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Tuesday, June 9, 2009

Geithner Puts Smiley Face On Global Economy: U.S. Economy Another Story

Timothy Geithner, the magician and "jack of all trades, master of none," now acting as trustee for the American people on the bank bailouts, AIG foreign corporate bailout, and automakers bailouts (with California whining in the wings) recently met with Chinese officials and predicted that the global recession "seemed to be losing force."

Of course, this has come at the cost of selling off shares of U.S. major businesses and industries to the global market, in order to "stabilize" the global economy, in effect further continuing to destroy our own.

That's the downside of corporate globalization and Washington's "hands off" approaches and collusion in socializing the U.S. economy, rather than protecting American interests and effectively regulating corporate mergers, acquisitions and any "outsourced" offshore expansions.

Saving a British based insurer, AIG, and selling off parts of the automobile manufacturer which until not too recently was responsible for 3% of the United States GNP apparently is not too steep a price to pay for Mr. Geithner to continue to equalize the global scales, while those in Detroit are eating pork and beans, yet the AIG executives were entitled to stress breaks at one of California's four star resorts.

The Chinese, of course, got their bite of the apple in the reported sale of the GM Hummer Division to a Chinese concern. Apparently so did the Canadians with protection of their union Teacher's Pension and Mexico, from all reports.

This, of course, is in addition to all that labor and the export imbalance due to the Chinese providing a great deal of the manufactured goods here in the United States for one of the major retail chains, Wal-Mart, whose wealth if it were one of the countries in the now "global community" would place it fifth in GNP.

He also apparently reassured the Chinese that the debt that has been amassed during this trade in assets is fundamentally secured due to the United State's "liquid" financial markets.

It appears the liquid Mr. Geithner might be referring to would be that of mercury - "now you see it, now you don't."

So, although we may owe the Chinese government a great deal of debt on paper, exactly how DID they accumulate all that wealth to begin with?

I hope Mr. Geithner gets around to answering that question, when he has time and a break from shuffling all these country's assets around, before he eventually ends up selling off some of our prime real estate, such as the Grand Canyon or Redwood National Forest.

By the way, did I mention according to the article, Mr. Geithner's father worked in China, and is a former employee of the Ford Foundation?

http://enews.earthlink.net/article/top?guid=20090531/4a235240_3421_1334520090601-1322814282





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Monday, June 8, 2009

U.S. States Facing Budget Crisis: Why Balance Budget Laws Don't Work

This week there have been numerous headlines with respect to the budget crises now facing most of the states throughout the United States, again with the downward spiraling U.S. economy to blame.

Mr. Obama, of course, recently participated in one of the most massive layoffs and firings of the current employees for General Motors, of course consoling them with how their "sacrifices" now would reap benefits down the road. The question is, of course, for whom?

Apparently U.S.A., Inc. and the United Auto Workers, who were given an ownership share in the deal brokered by the Obama Administration in order to add this major U.S. corporation to Washington's budgeoning stock portfolio.

Oh, and the Canadian Teacher's Union Pension Fund which also received a share, at the expense of the autoworkers' in Detroits pensions and retirement, and the smaller private bondholder's investment, from the few details available since Mr. Geithner and Obama are again handling the details outside usual federal bankruptcy court in order to skirt around those public records and disclosure provisions.

I'm sure that acquisition has set Detroit and Michigan's economy back a bit insofar as sales tax revenues. Most of those autoworkers most likely will be eating pork and beans for a while, "sacrificing" for Mr. Obama's now Government Motors. And those bond holder owners just lost a little of that retirement money for those planned road trips in their golden years.

But China picked up a steal, or should I say, steal for its steel.

Now, even after receiving "kickbacks" in the form of federal funding through the stimulus packages of billions of dollars which are to be transferred to the states and billed to the state citizens and taxpayers as a whole, the states are now still whining about their shortfalls.

And the biggest whinner, of course, is that liberally run Golden State, defined by its excess over the course of years and the high taxes and destruction which has resulted due to their own liberalism.

It doesn't appear those in state office have been able to read the California Constitution for at least fifty years if not longer, since the early 60's.

I guess the costs of their open borders, pro-illegal immigrant positions, and past "save the trees" environmentalism that has since resulted in the destruction of thousands of homes and forested acres is finally coming home to roost. Costs for which the entire nation also has paid for during those self-created disasters in their misguided environmental radicalism during a ten year drought with overgrown forests which can now be set off by static electricity in more than a few areas and almost non-existent groundwater tables. Of course the fountains and jacuzzis are still humming along nicely.

And both Gray Davis and Arnold Schwartzenegger's freewheeling ways.

The OC set have never heard the word "fiscal conservatism," a term they associate with "right wing extremists," and Kansas farmers (who they would like to bail them out) when it comes to their creature comforts, limos, jacuzzis and their private jets which they cannot do without so that they can attend their next global warming lecture.

My former home state, Arizona, is also facing a crisis, or so it has been reported, even though many years ago the citizens in that state actually passed a "balanced budget" initiative.

Has it worked? Hardly.

You see, the government is the worst when it comes to following the laws and directives of "we the people." Our taxes fund literally hundreds of lawyers to advise legislators on just how they can skirt around some of those initiatives in order to continue doing business as usual.

When those budgets are released to the public, you need a magnifying glass and organizational chart to follow the money trail to find where all the funding is actually going. And even with those tools, you would only get half the picture.

Nowhere in those budgets are reported the sums that are received also from the federal government in order to fund some of these state programs. Thus, citizens in most states face dual taxation in numerous areas at both the state and federal levels.

It has gotten so bad in Arizona that they have sold former state funded prisons and/or are now contracting for local prisons and guards privatizing them, and are now charging the prisoners for their accomodations in order to make those lease payments, and giving incentives to officers on those federally funded DUI sports bar patrols in order to meet the federal grant guidelines to make those payments, which sums now are far more than the prior costs of upkeep and maintenance of some of those facilities for state taxpayers.

Most state and local impound lots also throughout the country have been privatized, many of which are owned by police officers as a further incentive in the new social drinking taxes.

Apparently, the state needed the money from the prison sale in order to assist in funding one of the state's new pet projects and new foundation under Janet Napolitano, the high tech gadget junkie, The Arizona Science Foundation.

Were the citizens consulted in this new project?

Of course not.

The state then subsequently entered into multi-year contracts with this organization (contracts with itself), which foundation is now suing the State of Arizona (again themselves or the state citizens ultimately) in order to get the funding through the backdoor, since in order to "balance" this years budget funding had to be reduced to this extra-Constitutional foundation for the press release of a "balanced" budget.

A new legal trick has now been the modus operandi in order to satisfy the state budget requirements, in now simply using the courts in order to fund some of these state created foundations and then hide all the extra revenue they are doling out for state agenda driven projects outside Constitutional authority or citizen accountability.

Then, of course, the state can appear to be "balancing" the budget while the courts and taxpayer paid "foundation" and private corporate attorneys negotiate and "seal the deals" factoring in, of course, their cut also in acting as the go-betweens of the state now in these NGO and extra-Constitutional funding matters.

Look hard, Californians, at that budget, and the court actions which have occurred in your state throughout the years.

I'm sure you'll find that there is plenty of money and there is no "budget" crisis, its just a matter of the state's priorities and legislators extra-Constitutional commitments that are the real problem.

And committing taxpayer sums and entering into contracts with either private or state created "foundation" contractors for multi-year terms in the first place, when state budgets in many states are required to be balanced annually.

To put it simply, deciding to fully fund and fulfill that multi-year contract for the newest "foundation" or multi-plex for the global visitors to Sacramento means the sums needed for vital services for which those tax monies are "legally" required such as the street repairs and garbage collection might just need to be cut, or reduced in order to "balance the budget."

Or in order to quell the masses, provide those sums in order to comply with the law, and then instruct extra-Constitutional "contractees" and developer instead to sue the State of California for their money, so that after the funds are provided and the lawsuit "settled," there is then a carry-over budget crisis and deficit again next year.

Balanced budget requirements are sort of like a shell game, with simply more and more "shells" (or shills) added each year.

That's what "liberalism" and legislating according to "living" Constitution beliefs actually does, encourages "corporate" socialism ultimately in taking from the poor (citizens) and give to the rich (foundations, corporations, developers), while the garbage piles up.





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