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Global trade letter forcasted economic crisis

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An Editorial Page Editor and Second Hand Money

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Elder Bush prepares us for our fate

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Primitive thinking in modern times

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Obama story - Cart before the Horse economy

The economic crisis is not a Republican or Democrat issue. It is about all about Free Enterprise being shredded by the Free Market. Globalization and Free Trade are the main causes behind our economic crisis. President Clinton, a Democrat, pushed the passage of the unfair NAFTA and GATT trade agreements. President Obama ignores this and the Trade Deficit as being a major part of our money crisis. It is a massive loss. The Trade Deficit has broken records since 1994 - that adds up to more than 15 years. President Obama mentioned "protectionism" will harm the country but like most free traders are unable to prove it and use a two year period in 1930s as an example even though, it is a myth. Even if it is true, how can they compare two years with more than 15 years of Free Trade failures. The Great Depression was a money crisis and trade and tariffs were a mute point.

Federal Reserve Chairman Ben Bernanke said it all when he told Congress during the last stimulus package debate. He said the best way to stimulate the economy, is to buy "domestically produced" goods. This is the beginning and end of our economic problems with Free Trade not about trading goods but primarily about moving production and factories from place to place anywhere in the world for the sake of cheaper labor.
As long as President Obama ignores all this, his economic recovery plans will fall apart.

see http://www.bizarrepolitics.com/obama-cart-before-horse-economy
http://www.bizarrepolitics.com/cart-before-the-horse-economy Overview
http://www.bizarrepolitics.com/ben-says-buy-usa
and for a mobile user friendly summary of articles relating to the above by Ray Tapajna see
http://tapsearchnewsmobile.filetap.com and http://tapsmobileworld.filetap.com The Flat World is upside down.