By Suzanne Eovaldi, staff writer
An anonymous email making the cyberspace rounds is so upsetting that its author was correct to hide his name. The “Changes Are Coming” email details the demise of our post office, our newspapers, check writing systems, books and music as we know them along with the end of Cable TV and network systems as now constituted. But the harshest caveat bearing down on America is our demise due to deindustrialization. The email reports that “Tens of thousands of factories have left the U.S. in the past decade alone. Millions upon millions of manufacturing jobs have been lost. . .the U.S. consumes everything in sight and yet produces increasingly less.” Waste paper is our leading export! Our loss of 42,400 factories since 2001, our ZERO manufacture of the world’s cell phones, and our enormous trade deficit with China foretell an America our grandchildren will suffer in, not soar in as we did! “The U.S. has a corporate income-tax rate of 35%. That rate is an economic incentive for financiers to load a company up with high levels of corporate debt to avoid taxation. It’s a no-brainer. . you can write off debt on your taxes, but savings and investments get taxed heavily. No rational businessman would want his company to accumulate significant savings if the interest on those savings is taxed at 35%“
Patrick Buchanan said every month George Bush was in office we lost manufacturing jobs. . “This is a homicide. . .open-borders free trade is killing American manufacturing.” The conservative author goes on to point out we depend on foreign suppliers for 72% of our medicines and pharmaceuticals, 51% for metalworking machinery, 56% for engines and power equipment, 70% for computers and 64% for semiconductors and electronics. What with Clinton’s NAFTA law, Bush’s exporting our manufacturing sector, and now Obama’s debt bubble and blatant socialist agenda that are redistributing U.S. wealth overseas, is it any wonder these three men are seeing us reap what they have sown? Alexander Hamilton, our first Treasury Secretary, said in 1791, “Not only the wealth, but the independence and security of a country, appear to be materially connected with the prosperity of manufactures. Every nation. . .ought to endeavor to possess within itself all the essentials of a national supply. These comprise the means of subsistence, habituation, clothing, and defense.” With the last three presidents we have had, do we really need any outside enemies? You must demand Congress changes this death sentence coming our way in our New Year!
To read more about this issue use these links:
http://www.soldiersperspective.us/2010/10/11/loss-of-manufacturing-is-the-federal-govern
http://www.amconmag.com/print.html?Id=AmConservative-2003aug11-00007
This day in history January 2
1492: Granada, the last Moorish stronghold in Spain surrenders to the forces of Phillip and Isabella. Note: Having spent most of its money winning this battle, the Spanish Crown decided to gamble its remaining funds bankrolling the Columbus expedition which led to the discovery of the New World.
Remember we have work to do. Join your local TEA party and Republican County Cmmittees to make sure real conservatives get our nominations.
Comments on this or any other coachisright.com essay can be sent by following the posting instructions below.
Related posts:
- For America the Security and Prosperity Partnership is a “superhighway” to disaster
- Schakowsky calls our TEA parties despicable, shameful: who is she; why does she hate America?
- “Cash for Clunkers”: a dangerous scheme that will help few people but destroy America’s charities
- A new contract with America: how conservatives can regain power and make America great again
- Illegal aliens are taking American jobs, endangering America’s war fighters: when does this end?
Loading ...
If this is so, why do we have so many illegal immigrants?
Isn't it interesting? Most of our previous American jobs went overseas because of "tax" benefits, and lower wages; The unions were not willing to concede one inch then, and nothing has changed. But the irony is that these same unions were largely responsible for Mr. Obama's election, and it is now "pay back" time. Not only is Mr. Obama stuck with the union wage demands, but they want assurances that the union pension benefits are not going to be compromised.
And the reason we have so many illegal immigrants, is by design. Flood American jobs with illegals – because they will work when no one else will – and then throw up your hands because the numbers are huge and the task is insurmountable – then comes WE MUST ENACT AMNESTY!!
Is there an easy read 1-page fact sheet list with references of things this Administration is initiating and carrying on to industrialize the US?