MindOpenWhy

A place to explore life's mysteries and solutions to it's challenging problems

The #1 person to blame for the economic disparity in this country is…me

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It is the realization that we the 99% are also to blame for this mess that we are in that will also lead to real meaningful change.

Who rushed out to buy cheap, foreign-made goods with no thought of the social and economic repercussions of doing so? 

I did.

Who stood idly by while the politicians rewrote our laws to favor corporations, giant banks, and reckless Wall Street investors? 

I did.

Who will stand up now to fight against all this and take responsibility for correcting the injustice and inequity that is a result? 

I will.

(disclaimer – the opinions expressed below are solely those of the commenter “Mad Milker” and do not necessarily represent my own view.  I also can not vouch for the accuracy of every fact and figure referenced below.)

Here is an excerpt that tells part of the story:

 http://money.cnn.com/2010/09/07/news/companies/mike_duke_walmart_full.fortune/

“Mad Milker Mar 13 

“It is the aim of good government to stimulate production, of bad government to encourage consumption.” – Jean Baptiste Say

If Retail makes NOTHING….and Government makes only MORE DEBT….the only thing that can have a positive effect on communities is Small Business and companies that make stuff.

The picture of George Washington can float around a town six to eight times before leaving the community but if that dollar is spent inside of a big box store it will leave the same day that it entered.

Big Box stores like Wal*Mart can take in 200,000 George Washington’s a day and that be a lot of “Liberty” “Pride” “Freedom” leaving town each day.

And when one figures into the equation America has a six to one trade deficit with China which means five out of every six George Washington’s that go there will never come back unless the US Government sells bonds(debt) this is what those on Jenkins Hill and Wall Street don’t understand when it comes to local banks not having any George Washington’s to loan out in their communities.

Why is it that people ain’t writing articles about those fifteen cargo ships that pollute as much as 760 million automobiles, T Boone Pickens owning a Texas Water District, Nestle draining the Great Lakes, the disconnect between Coca-Cola and the people of India, Wal*Mart putting less than 5% foreign in their stores in China and Warren Buffett buying a Choo Choo train a few years after Wal*Mart makes a deal on a port in Mexico.

In 1960 U.S. goods manufacturing produced a $5 billion trade surplus – – 2006 merchandise trade had a $836 billion deficit. Today, for some reason, the world thinks the American consumer needs to support what they make….well, it doesn’t work like that even a fifth grader can figure that out.

So-call cheaper items only breed cheaper wages and this will go on until the rich of the world carry out the manufacturing of ignorance through out the 182 or so counties that will have a chance to make something.

I’m just an O’fart with very little book learning but from what I’ve seen over the past sixty five years in this great union of fifty states has shown me that common sense left in the year 63′ and “my sh!! don’t stink” sense as been here every since.

Sad, those few fat farmers with penmanship of poets holding feather quill goose pens and writing the American dream has today become nothing more than a page within a history book that a bunch of asinine dipsticks are to lazy and ignorant to teach.

Over the past 100 years the Federal Debt has gone from $2.6 billion in 1910 to over $14 trillion today….In that time there has only been one 10 year period that the debt has gone down 1920-1930.

All done by a bunch of elephants and jack@sses acting like turnips. People today still think Clinton balance the budget but anyone knows if they think with an open mind that if the budgets of the Clinton years had been balance the debt would had not gone up.

America is over $57 trillion in debt and it didn’t get there by people using common sense. If the American people don’t wake-up to that fact within another twenty years they will witness Lady Liberty kneeling to her knees in the Hudson and someone in Tiananmen Square holding that tablet from under her left arm celebrating what is written upon it”

 http://money.cnn.com/2010/09/07/news/companies/mike_duke_walmart_full.fortune/

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Written by mindopenwhy

October 23, 2011 at 10:36 pm

Posted in Accountability

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