No Manufacturing Jobs But More Waiters And Bartenders Than Ever
The New Abnormal is turning out to be quite an embarrassment for Obama’s “manufacturing renaissance” agenda not to mention high paying, manufacturing jobs but at least it explains why Bernanke doesn’t mind sending the USD surging when all other central banks are now talking their currencies down (especially if it means fresh S&P records benefiting the 0.1%): after all, if you have nothing to export, who cares what the relative value of your currency is.
Multilateral trade agreement crafted by megacorporations would undermine jobs, expand GMOs and Big Pharma, restrict Internet freedom and strengthen global government.
by Aaron Dykes
Japan is joining negotiations with 11 other countries in an ongoing effort to create a Trans-Pacific Partnership that participants hope to finalize by the end of the year. Led by the U.S., partner nations already on board include Australia, New Zealand, Canada, Chile, Mexico, Brunei, Malaysia, Peru, Singapore, and Vietnam.
Many voices in the public, however, oppose the deal on the grounds that its formation favors the business interests of megacorporations who would profit off of global trade at the expense of internet freedom, national sovereignty, food independence and jobs. Moreover, the deal has been worked out largely in secret and without consulting Congress.
U.S. trade representative Michael Froman visited Japan ahead of the TPP negotiation to iron out agreements and rally against protective interests in Japan who see the agreement, and particularly its loosening of tariffs as a threat. According to the WSJ, concerns persist over the ‘rice, beef, pork, dairy, wheat and sugar’ markets and other industries:
Japan’s Central Union of Agricultural Cooperatives adopted a declaration on Aug. 8. saying it has “grave problems” with the TPP, as it could jeopardize food safety and universal healthcare services, and undermine the nation’s sovereignty. “It’s extremely regrettable that the government has entered the negotiations without clarifying such concerns,” the statement said.
Mr. Froman said “Barriers to access to Japan’s automotive and insurance markets, and non-tariff measures and other sectoral and cross-cutting areas hold back growth and innovation, undermine competitiveness, and hurt workers, businesses and consumers in both our countries.” [emphasis added]
Japan’s participation in the latest round could “triple the economic gains that the United States can expect from the TPP,” Solís says, and “with Japan on board, the Asian identity of the TPP is more than solidified.” The TPP currently comprises Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, Japan, the United States, and Vietnam, which together make up roughly 40 percent of global gross domestic product and about a third of world trade.
[…] To be frank, we are talking about a level of liberalization when it comes to Japan that is unprecedented.
Globalization agreements, including the likes of GATT, WTO, NAFTA, CAFTA and other multilateral treaties, establish more than just trade between nations. Their deconstruction of trade barriers and tariffs are touted for creating cheaper goods, but often criticized for hurting farmers, small businesses, home-based industries, environmental factors and workers.
GMO / Agribusiness Dominance
One of the major concerns that has been raised about the scope of the Trans-Pacific Partnership is its impact on genetically modified foods, which observers say will favor big players in the biotech industry and undermine labeling laws and bans on growing GMO crops and/or imports.
“The role of police in the society I believe are to interfere with the lives of the people as little as possible, but protect them from you know, the 1% element that wants to victimize them. You know, let them be free to live their lives, but protect the people and the property, and that’s what they pay us to do.” (source)
If you’ve never stopped to think about how the food you eat gets its color… Maybe it’s time you did.
A non-profit health and consumer watchdog is raising concerns about how some yogurt companies color their products.
What gives Dannon strawberry yogurt its pink color? If you thought berries … would you ever be wrong.
Cochineal insects are valued for their vibrant red color when crushed. In just seconds it turns into a brilliant, scarlet red dye.
Last year, Starbucks said it would stop using the bug dye in products like its strawberries and cream frappuccino.
And now the Center for Science in the Public Interest says dannon should get it out of its yogurts.
They say dannon is being deceptive…
The average yogurt eater sees the redness and thinks strawberries. There’s a picture of a strawberry on the label. Not an insect.
And the group says says dozens of consumers have complained that the bug coloring, called carmine, has caused vomiting, hives, and swelling.
In a statement, Dannon said: “carmine is a safe, FDA approved, vivid red color that many food makers use, including Dannon in some of our products, because it delivers the best color throughout shelf life of the product.”
Dannon says if consumers want to avoid it… They can just look at the label.
“Philanthropic” causes self-appointed to look after the global good, including the Rockefeller Foundation and Bill & Melinda Gates Foundation, began funding the development of edible vaccines as far back as 1996. Ostensibly, this is to allow the poor and developing sectors of the world easy access to medicine in their food supply. A quick (and profitable) fix to save the planet!
In the real world, this is a dark twist on the old adage “Let your food be your medicine, and your medicine be your food.”
Private vaccine developers have worked aggressively to develop these genetically-engineered pharmaceuticals and put them on the shelf, hoping they will be part of a multi-billion dollar drug market. Government grants and agency support contributed towards their rapid creation in the first decade of the 21th Century, licensing corn fields and other test crop sites throughout the U.S. midwest and beyond – with pharmaceutical crops being grown in at least 11 states.
It is a tenet of American economic beliefs, and an article of faith for Republicans that is seldom contested by Democrats: If taxes are raised on the rich, job creation will stop.
Trouble is, sometimes the things that we know to be true are dead wrong. For the larger part of human history, for example, people were sure that the sun circles the Earth and that we are at the center of the universe. It doesn’t, and we aren’t. The conventional wisdom that the rich and businesses are our nation’s “job creators” is every bit as false.
I’m a very rich person. As an entrepreneur and venture capitalist, I’ve started or helped get off the ground dozens of companies in industries including manufacturing, retail, medical services, the Internet and software. I founded the Internet media company aQuantive Inc., which was acquired by Microsoft Corp. in 2007 for $6.4 billion. I was also the first non-family investor in Amazon.com Inc.
Even so, I’ve never been a “job creator.” I can start a business based on a great idea, and initially hire dozens or hundreds of people. But if no one can afford to buy what I have to sell, my business will soon fail and all those jobs will evaporate.
That’s why I can say with confidence that rich people don’t create jobs, nor do businesses, large or small. What does lead to more employment is the feedback loop between customers and businesses. And only consumers can set in motion a virtuous cycle that allows companies to survive and thrive and business owners to hire. An ordinary middle-class consumer is far more of a job creator than I ever have been or ever will be.
Theory of Evolution
When businesspeople take credit for creating jobs, it is like squirrels taking credit for creating evolution. In fact, it’s the other way around.
It is unquestionably true that without entrepreneurs and investors, you can’t have a dynamic and growing capitalist economy. But it’s equally true that without consumers, you can’t have entrepreneurs and investors. And the more we have happy customers with lots of disposable income, the better our businesses will do.
That’s why our current policies are so upside down. When the American middle class defends a tax system in which the lion’s share of benefits accrues to the richest, all in the name of job creation, all that happens is that the rich get richer.
And that’s what has been happening in the U.S. for the last 30 years.
Since 1980, the share of the nation’s income for fat cats like me in the top 0.1 percent has increased a shocking 400 percent, while the share for the bottom 50 percent of Americans has declined 33 percent. At the same time, effective tax rates on the superwealthy fell to 16.6 percent in 2007, from 42 percent at the peak of U.S. productivity in the early 1960s, and about 30 percent during the expansion of the 1990s. In my case, that means that this year, I paid an 11 percent rate on an eight-figure income.
One reason this policy is so wrong-headed is that there can never be enough superrich Americans to power a great economy. The annual earnings of people like me are hundreds, if not thousands, of times greater than those of the average American, but we don’t buy hundreds or thousands of times more stuff. My family owns three cars, not 3,000. I buy a few pairs of pants and a few shirts a year, just like most American men. Like everyone else, I go out to eat with friends and family only occasionally.
It’s true that we do spend a lot more than the average family. Yet the one truly expensive line item in our budget is our airplane (which, by the way, was manufactured in France by Dassault Aviation SA), and those annual costs are mostly for fuel (from the Middle East). It’s just crazy to believe that any of this is more beneficial to our economy than hiring more teachers or police officers or investing in our infrastructure.
More Shoppers Needed
I can’t buy enough of anything to make up for the fact that millions of unemployed and underemployed Americans can’t buy any new clothes or enjoy any meals out. Or to make up for the decreasing consumption of the tens of millions of middle-class families that are barely squeaking by, buried by spiraling costs and trapped by stagnant or declining wages.
The Santa Monica Mountains are among Los Angeles’ most beloved treasures, stretching from the Hollywood Hills to the Pacific, perfect for hiking, biking or just enjoying the view. Aside from a few modest parking fees, visiting is free.
Unless you’re captured on camera edging through stop signs erected by park overseers along rustic roads, out-of-the-way parking lots and cul-de-sacs that serve trailheads and scenic outlooks.
That will be $175.
Red-light cameras have been turned off in many California cities because data showed the costly tickets didn’t make streets safer. Last year, the presiding judge of Los Angeles Superior Court questioned the constitutionality of camera tickets, which rely solely on photos to prove who was driving.
Los Angeles shut down its red-light camera program in 2011, but the stop-sign camera controversy is just warming up in the Santa Monica Mountains.
Unnoticed by almost everyone when they began generating costly tickets almost five years ago, seven cameras have been planted in Temescal Gateway Park (which has two cameras), Marvin Braude Mulholland Gateway Park (known as Top of Reseda), the Top of Topanga Overlook and Upper Franklin Canyon Reservoir (which has three of them).
The cameras produce revenue for the Mountains Recreation and Conservation Authority (MRCA). But how much can hikers and nature lovers really generate by rolling through seven stop signs in the parks? Maybe $25,000 a year? Seventy-five grand?
In fiscal year 2010, the cameras collected $2.4 million for the mountains authority.
L.A. Weekly has determined that more than 70,000 motorists in the picturesque mountains have been automatically ticketed since 2007. Despite posted signs, many drivers don’t see that, 40 feet behind them, a stop-sign camera photographs their rear license plate if they don’t fully halt as they leave the area.
“Technology is a gift of God. After the gift of life it is perhaps the greatest of God’s gifts. It is the mother of civilizations, of arts and of sciences.” Freeman John Dyson Freedom and prosperity are so last century!
In 2013, with a ‘debt-money’ system and ‘graduated income tax system’ that robs us of our labor, we are serfs in a global feudal empire. The ‘powers that be’ who set up this system are concentrating control of every aspect of life into fewer and fewer hands.
Where are the technologies that allow us to earn more, work less and follow our own interests?
Technology should be a tool of the individual to make himself more productive, prosperous and independent. So he can enjoy the increased wealth he creates.
The legislative rules of our economy, financial and political system insert ‘middlemen’ who can interfere with the property rights of the individual. These ‘middlemen’ can selectively choose who benefits from technology.
Under current conditions, you don’ t, really, own anything. You rent or lease your property from the government. Should you not pay some license , fee or tax, like income or property, the government will cancel your lease and take anything they want.
Yes, technology is great if it doesn’t threaten the system. Amuse yourself to your hearts content. You have free reign to choose the distraction of your choice.
But if you look carefully, you will find the benefits of the wealth created by these advances, to the individual, are often taxed away and we, like hamsters on an exercise wheel, are running in place.
Only the banks, governments and corporations are privileged to benefit from the wealth generated by technology.
Technology should make life easier, better and more enjoyable for people and families.
Instead, we work longer and harder with important aspects of life uncertain and precarious.
Lending money at interest has been condemned by men such as Plato, Aristotle, Plutarch, Seneca and Cicero, early fathers of the Christian church; the majority of popes and councils up to 1830; likewise modern authors such as Goethe and Wagner.
The fight against usury goes back to the earliest known beginnings of civilization. From the days of Sumer to the present, decent people have struggled against this tool of the forces of darkness. Charging interest was condemned by the ancient Greek, philosophers. Money was to them something dead; something dead cannot be allowed to grow. Aristotle wrote in his work Politics (Book One, part X): “The most hated sort, and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object of it. For money was intended to be used in exchange, but not to increase at interest. . . Wherefore of all modes of getting wealth this is the most unnatural.”
Lending at interest produces profit without labor. The same as slavery.
Usury by Calvin Elliot :
Bible Encyclopedia: “Usury, a premium received for a sum of money over and above the principal.” chpt. 1
“Man was commanded to subdue the earth and bring it into subjection as his servant …” chpt 16
“It is man’s high privilege to stand above all things, to call them to his feet and to compel their service. It is the reversion of the order for him to take the subordinate place and serve the inferior creation. Things subdued, such as wealth secured, is to minister to his highest good and to promote his noblest manhood. The order is reversed when this wealth commands his service and sacrifice. The miser both reverses the divine order and violates common sense by giving the love and service of his shriveling soul to a thing. ” chpt. 16
“The usurer and the borrower on usury, both, reverse the true order by assuming that a thing can claim man’s service. Both grant that a thing has rights to be respected. The usurer takes the service as due to the thing he owns. It is his property that is exalted, and for which he claims the service must be rendered, and if the borrower will think closely, he will find that in paying usury he is serving a thing.” chpt. 16
“A man reverses the divine order and degrades himself, and becomes a gross idolater, when he serves things …” chpt. 16
“The usurer, who has himself no rights against his fellows, uses a thing, his property, as an instrument or weapon to command service.” chpt.17
“If we admit the supremacy of man over the material creation, all subordinate to him, and no right to be, except to serve him, and also admit the equal rights of all men, there is no escape from the conclusion that the usurer can have no rightful claims to any portion of the labor of the borrower, without surrendering to him some portion of his property as compensation for the services received. He must have less property when the service is rendered and the borrower must have more property if the rights of both are regarded.” chpt. 17
“A false impression prevails, that the lender in some way gives the loan to the borrower; that the borrower becomes somewhat the owner of the property. The borrower is encouraged in this illusion and it becomes a plausible basis for the claim upon his services.” chpt. 17
“When a loan is made to a bank it is called a “deposit” and rightly, for it is only placed in the banker’s hands and does not in any part become his. This is true of any amount, great or small, whether the deposit draws interest or not. The lender never loses his sense of ownership of the whole amount, nor does the banker encourage the fiction that he has become part owner.” chpt. 17
“Every loan is but a “deposit.” The ownership of no part passes to the borrower. It is seldom that the loan or “deposit” is not safer in the keeping of the borrower than in the hands of the owner himself, when secured by mortgages or personal sureties. The usurer gains the earnings of the borrower but parts with no property. He receives the service but gives nothing.” chpt. 17
“It is only intelligent energy that can produce wealth. Even the natural resources must be subdued and shaped by intelligent energy to be of service to man. Trees do not betake themselves into the form of houses. Land does not transform itself into farms and gardens. Coal does not come to our fires without hands. Ore is not iron, nor is clay pottery. They must be carefully manipulated by the intelligent laborer.” chpt. 20
“Nothing man can make has the power of self propagation. All wealth is as barren as silver and gold, though Shylock claimed he could make them breed like ewes and rams. Life alone is productive, and the secrets of life man has not touched.” chpt. 20
“A tree or animal grows by the life that is in it, but the accretions of wealth are from the efforts of intelligent energy outside of itself. Wealth is an effect, a result. The vital energy of a person, of “a willing intelligent being” produces wealth, but it does not follow that it has the qualities of its cause. It has no intelligence, nor has it self-determining power, nor is it vital, nor has it energy, it has not in itself the force to overcome its inertia, the energy must be applied. It has no power to increase or grow. A fortune is built, as a building is built, brick after brick is added by intelligent hands.” chpt.20
“All wealth must have the living hands applied to cause it to increase even the smallest amount. There is no such thing as “productive” capital. It is so called when it is used to gather and appropriate the earnings of others, but wealth in none of its forms has the quality or power of producing.” chpt. 20
“Money, the most familiar form, is barren. A bag of dollars stored for ages will not have increased a single coin. ” chpt. 20
“When plunder becomes a way of life for a group of men living together in society, They create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it.” Frederic Bastiat
“Count right now how many people can make a major decision that can ruin your life. I don’t like it when one person can make or break me. A boss. A publisher. A TV producer. A buyer of my company. At any one point I’ve had to kiss ass to all of the above. I hate it. I will never do it again.” James Altucher