reply to post by Jakes51
The problem here for the most part is these "Business that are too big to fail" are in fact not failing, but repositioning themselves in a
'Redistribution of Wealth' to dominate foreign markets but utilizing their cheaper labor and cheaper resources to manufacture there and develop
markets there that have far more potential buyers than the United States market does.
20 years ago 1 in 100 Chinese had a car, their own 20 year plan before American Corporations took over China was for everyone to have a bicycle in 20
years.
Last year China bought more cars than America did and would it surprise you to know that the majority of the cars the Chinese purchased where made by
GM China.
Meanwhile I just went out and bought a bicycle lol, because I am now being told that the reason the price for gasoline keeps going up even though the
demand keeps going down for it domestically is because oil is piling up in the storage facilities and the oil companies now have to build more oil
facilities at the consumer's expense. They have the nerve to say this is absolutely vital because if they don't build more storage facilities they
will have to buy less oil, and if they buy less oil, oil producing nations will drop their production and then when the recession is over and demand
resumes domestically there will be shortages that lead to higher prices!
So much of what the government is doing right now is having the tax payer fund insanely wealthy American Oligarchs in expanding their markets by
hiring foreign labor, manufacturing in foreign countries, paying foreign workers, and selling their foriegn made products to them all at the expense
of America.
That is what the actual 'redistribution of wealth' really is, giving our jobs away and abandoning Americans because we already have enough flat
screen TV's, computers and auto mobiles to make our business less desirable than some other nations'.
It would almost be tolerable if they weren't doing all this with American Tax payer money.
To get away with all this the Oligarchs really believe that if they simply tax us with such a burden that we can do nothing but struggle to fead and
house ourselves we won't have the time or inclination to resist this madness.
I think they are wrong!