The Collapse of GM is Just the Latest Example of U.S Mishandling America's Business

The United States government now owns nearly seventy percent of the once poster child of America's automotive manufacturing dominance, General Motors. America is losing its textile, technological, financial, and manufacturing relevancy, world relevancy for that matter, by the minute. Things have gotten so bad that for the first time there is serious discussion about reducing the United States credit rating and removing the U.S Dollar from the world reserve currency. Not that these events haven't been on a slope downward for over the past 16 years, or so, but the speed of the decline seems to have quicken to light speed over these 12 months, particularly referring to the collapse of the American auto industry, and economy as a whole. But, why? Is anyone honestly asking that question? Does anyone care? Or is there some sporting or entertainment program that has your attention more?

It was just in 2007 the United Nations reported that Americans were the most productive in the world. But, now we have to import the cheapest of labor and export our most valued manufacturing and technology resources and infrastructure to those that are not only less productive, but possess ill intentions towards America, as in Communist China and Russia? Is it just me, or is there something in this glass of milk that seemingly isn't clean?

Over the past twenty years, since Communist China was allowed into the World Trade Organization and granted permanent favorite nation status by papa Bush, America has witnessed a gradual systematic erosion of its strategic domestic industries, such as technology and manufacturing, to Communist China. Ever since the North American Free Trade Agreement/Treaty [NAFTA], followed by a rash of similar "free trade" agreements/treaties, there has been an expedited diminishment of our ability to feed, clothe, produce, or defend ourselves. The word "globalization" seems to mean that the American people have to take it between the cheeks again. We seem to be only good for consuming what is produced in other countries. We seem to be the best customers of everyone to produce and sell to, but not for us to produce and sell to ourselves within our borders. Over the past eight years we have witnessed an invasion of illegal immigrants, particularly from Mexico, which has crippled lower and middle class wages. Over the past twelve months we have been bystanders to the most overt takeover of authority of our nation's finances from the elected Congressional representatives to the foreign owned Federal Reserve Bank and Treasury, who are not beholding to our interest. All of these events factor into the economic abyss that we find ourselves in today. The $54 Trillion dollar question is ... why? Was there a better option that should have been taken, or at least considered? What was the all fired rush to enact a seriously flawed program, which would pile unprecedented debt upon generations as far as the eye can see, and had little, or any, certainty of success? An owner of a burger joint would have acted with more fiscal diligence. Are we to truly believe that these events are due to sever incompetence by U.S government officials, who are supposed to be the brightest of the brightest, or deliberate treachery?

The hasty demise of General Motors and Chrysler is the latest direct hit on America's once dominate role as a world economic force. The troubles of GM in America were not unforeseen. America can not, nor should be required to compete with companies in other countries whose workers earn a dollar a week or whose government shields their industries from direct fair foreign competition. A foreign manufacture should not be able to set up facilities in our country at the same time that we are dismantling ours due to economic benefit. In a fair competitive world, those companies and nations should be required to raise their standards to ours. There should be a level playing field of mutual benefit. But in fact the very opposite is happening. One main reason is the fact that the U.S government is not forcing our competitors to adhere to World Trade Organization rules regarding fair trade, particularly when it comes to foreign companies flooding our country with goods at lower prices that our domestic industries can not match, as with textiles and steel. The other reason is that the U.S government over the past two, and current, Administrations, were, and are, more interested in increasing the living standards of every nation except that of Americans. America is now approximately 80% service oriented. This means that we are the users, not the producers of the world. That used to be not the case. The notion that we can get out of this economic dissension by being the consumer, as oppose to distributor or producer, will happen when horses grow wings. What made America so dominate since World War One has been the fact that we had a very strong and vibrant manufacturing base. What has kept us safe and without peers has been our technological superiority. We produced things for not only ourselves, but for the rest of the world as well. This, in turn created a very wealthy middle class. The middle class wasn't built on whether it could sell fries with that burger and shake. Economies such as Communist China are booming simply because they are manufacturing and producing goods to be sold and used by us and the rest of the world. The very same role that we use to play.

The U.S government did not have to grant permanent favorite nation status to Communist China nor allow it into the World Trade Organization. Remember, it was the Reagan Administration that slapped China hard in the face due to its brutal crackdown in Tiananmen Square, Beijing. China was barely a blip on the radar when it came to military and economic world concern. Today, it is the American people, via the U.S government, who are being punched in the gut by China. It is the Communist Chinese who have the balls of the U.S government and the American people in its hand, due to the U.S government's drunken borrowing binge and capitulation to Chinese interest. The Communist Chinese government didn't just fall out of bed to become superior in technology and manufacturing to America in just 25 years. It had ALOT of help.

The government controlled GM is seriously considering the sale of the Hummer division, which was once part of the supposedly worthless GM, to the Communist Chinese. So does this mean that when the U.S military needs Humvies it will have to ask permission of the Communist? What if it is the Communist who we are fighting? What part of the Billion Dollar U.S-China borrowing arrangement was this for? Could anyone imagine such an overt deal with the Soviet Union, when the very word communism was a four letter word? This cozy U.S-China relationship that is now on display is as natural as a lion and a hyena sharing a meal. We used to be the lion.

The U.S government, over the past six months, did not have to turn the financial freedom of America's next 20 plus generations over to the banks and the Federal Reserve by borrowing more than all of the previous Administrations since the government of the U.S was created. Why weren't proposals such as the FAIR Tax or a tax holiday seriously considered? Either of these options would have greatly reduced the tax burden on the taxpayers, which would have put money into everyone's pockets to spend and be pumped back into the economy almost immediately. Either proposal would have greatly boosted revenue of the local and federal governments, and, in regards to the FAIR Tax, would have brought the Trillions of U.S currency that are in foreign banks, benefiting foreign economies, back to America, to benefit our economy. But, these options would also reduce the U.S government's role and power in American lives because it could no longer redistribute wealth through its taxing power and it could no longer use the issue of tax benefits as a trump card. And if taxpayers ever actually knew how much of their wages are taxed by the government, they would never submit to return to giving it back to it. In no successful business model does a company, which is swimming in debt, look to get out of debt by increasing its debt. It would seek ways of cutting spending, reducing expenses, and increase revenue, increase its value. But, yet this is the former path that the U.S Administration would have us believe will lead us to prosperity

And with the economic malaise that is occurring throughout the nation, the U.S government is still allowing and enabling the colonization by Mexico by its unwillingness to combat illegal immigration and is increasing the influx of lower cost foreigners, championed primarily by the U.S Chamber of Commerce and the AFL-CIO and multinational corporations, to compete for the few remaining jobs available. The economic fact is that for there to be a true labor shortage the cost for labor would be going up, not down. Unlike other countries, such as Spain and France, who during their economic depression they seek ways to get the illegal immigrants out of their countries, because they realize that they are an economic drain. The U.S government is doing all that it can to encourage more illegal immigrants to come to increase the strain on our social and economic structure. It is no wonder that the world economists and investors are treating us like we had the plague.

Abolished from government trade protocol is the Hamiltonian Doctrine of, "Every nation...ought to endeavor to posses within itself all the essentials of a national supply. These comprise the means of subsistence, habitation, clothing and defense." Long forgotten is the prophetic Jefferson warning, "If the American people ever allow private banks to control the issue of their money, ... , the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." The question is why and where is the American public outcry? Or is the commercial over?

America is still the sleeping economic giant. Though it is asleep due to generations of social engineered drugging that has covered us with the blanket of extreme false sense of entitlement, intellectual lethargy, and the government promise of security over freedom. With a true educational system, that teaches the seven sciences, a relighting of the love of freedom, refocus vigilance on the workings of government, and a rediscoverance of what truly makes America great is the people and not the government, there is nothing that we can not accomplish and no nation that we can not out produce and defeat. But, it will take the American people to demand for this kind of change.