Unemployment Continues to Rise

In the month of August another 84,000 jobs were lost putting the unemployment rate at 6.1%, the highest in 5 years. There have been 680,000 housing foreclosures since August of last year. At the same time prices are climbing, and this is not indicative of a free market. In a free market, prices fluctuate on a supply and demand scale but with more and more people out of work, less money to spend on non necessities, prices are not dropping, and unemployment continues to rise. During an election year of course everyone wants to blame the current party, but can the blame be placed on one party or another?

If you throw a rock out into a lake or pond, does the ripple or wave hit the beach the instant the pebble strikes the water? No, it sends ripples out which travel and spread until they have reach every edge of the bank, but it is not instantaneous. In the same way, economic policy changes do not strike your bank instantaneously either.

During the George W. Bush Sr. administration, Bush was pushing for NAFTA in the name of raising the economy of our neighboring countries. Remember, this is the man who publicly said those conspiracy nuts very own words when we united against Iraq in Desert Storm, He said, "This is a New World Order". There you have it from the horses mouth. However Bush did not stay in office long enough to pass NAFTA, so who did? Bill Clinton. Is it just me, or am I seeing both parties working together to create economically destructive, world economic uniting policies? It really makes me wonder, who is the puppeteer, (The world development banks of course). So during the Clinton Administration we saw a rock that was thrown into the middle of the pond, and the ripples are beginning to make waves on the shore, and unemployment continues to rise.

For those who do not understand, import and export taxes were designed to preserve the American economy and protect the American Workers jobs. If it cost us $20,000 to manufacture a car and make a profit in America, and some lower economic country can make the same quality or better car for only $5,000, then a heavy import tax is levied to make the car competitive and not be holding all the aces. Now the American consumer is at least as likely to buy the American car as the foreign car which gives Americans job security. At the same time it maintains the value of the dollar because all the American currency is not being traded off to foreign countries for goods. Then comes NAFTA, CAFTA, and all the other free trade agreements. In order to achieve a global economy, currency values, the playing field so to speak, must be leveled out. This means lowering the American economy and boosting the weaker foreign economies, and once the balance is achieved the global economy can be established, but it goes even deeper than that, but that is for another article.

Because of all the free trade agreements, companies like the textile industry, technology, and even our automotive manufacturers have the capability and the motivation to pack up their companies leaving hundreds of thousands of people out of work, and moving the factories to a foreign country where labor costs are 25 cents to $1.00 per hour and manufacture their products far cheaper. Why do they do this? Thanks to free trade, they no longer have to pay an import tax, but if we socked them with a heavy import tax you can bet your bottom dollar they would quickly drop the foreign labor and re-open the factories here at home. On the surface, the American consumer loves it, especially in the beginning. We've seen computers drop from $2000 for an Intel 486DX computer to as low as a couple hundred dollars for newer much faster machines, but wake up sleeping beauty, that shiny apple is poisonous. Here comes the ripple effect. All these Americans are put out of work. They once had $800/month mortgages, they shopped for clothes, they went out to eat, and they purchased consumable items, and each of these purchases and activities provided jobs for more Americans working in companies to produce those products. As more and more people become jobless, less and less demand goes out for those consumables, and more and more people get laid off. This adds to the growing lack of economic blood flow which in turn puts more people out of work and unemployment continues to rise. Soon the housing market begins to stall, foreclosures rise because the good paying jobs have been packed up like traitors and left the American worker high and dry. More companies then close, even those based in America. Starbucks has to cut back 600 coffee shops across the country, more unemployment, less money in the economy. It is like a snowball, and as it rolls down the hill it continues to pick up mass and momentum.

Now if we were honestly a free market that was controlled by supply and demand, gas prices would be dropping, food prices would be dropping, clothing prices would drop and so would wages because a company has to do what it must to keep the balance. Those who insist on high pricing would lose customers and sales until they would be forced to close, and this is also the cost of having free trade is now the only companies that can compete are those based on cheap foreign labor.

Economics and free marketing are a science, and the continued rise in prices in gas and merchandise during the loss of jobs and foreclosures is no accident. Someone is pulling the strings as unemployment continues to rise, the market is being manipulated just like the economic stimulus package this year. That in itself was a manipulation to maintain the economic status quo and control the rate of decent. If you look at Germany pre WWII, it was an industrial powerhouse and a democracy much like our own, but before Hitler came into power, (the man the industrialists wanted in office to control the population), the jobs were gone and inflation was so high that people were selling German currency across the border for scrap paper because it was worth more as scrap that it's own value was. Now it is time for people to wake up and smell the Starbucks coffee. The road we are taking is no accident, the fact that we are following the same economic road Germany went down is no mistake and it is no coincidence. The economy can be controlled, collapses are engineered, and the establishment of a Global economy is already in the works.

So, Bush will probably be blamed for this failing economy, and even the Democratic nominees are saying we need change and blaming the current administration for the problem, and in a way the current administration is to blame because they did not reverse what the other party put in place. Why is this? Have you ever heard the saying, two peas in a pod? Those two peas are Democrats and Republicans, and if you vote for the best next man to be in office, you are probably voting for the man best qualified to take us further down the road of self destruction. Lobby power and money talk and B.S. walks and in this respect we have the best government money can buy. Until we fall to total desperation and realize this and replace the whores in office who think with money instead of morals, we will fall until one man will tell us how great we are and takes us into a new form of lifestyle, a new Hitler only this time it will likely be a global Hitler. So you talk Demo and repub all you want, they have been holding hands and following the same policy that is destroying our country, and all your talk and support for one group or the other is only going to serve to make you feel like your making progress as you are being led down a dark alley. Meanwhile, unemployment continues to rise.