If Trump is elected, we will have the bashers to blame.
auntblabby
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Joined: 12 Feb 2010
Gender: Male
Posts: 113,698
Location: the island of defective toy santas
Government is organized crime.
When the bank robber was asked why he robbed banks, he said, that is where the money is.
We do not have Free Trade, or Fair Trade. Our markets are open, theirs are closed.
Goods produced offshore are not cheap. Consumer prices did not drop. The companies paying slave labor rates abroad set the price goods sell for here. They do it because they make more, and it is tax free.
Overall, labor is about 5% of manufacturing costs. Raw materials have a world price, so do land and buildings.
For our National Defense we need to preserve domestic industry. Having our tanks and planes made in China is iffy.
The future of industry takes an industrial base to develop. Move the industrial base, the future happens somewhere else, if it happens at all. American workers came up with the improved methods, will some rice farmer do the same?
A Case Study. Russia took a whole BMW Motorcycle factory from Germany. They are still made, as Ural and Dnper?
That is, still made from the German design, production means, from the pre war period. It is a bad copy of a good design. Russia gave a whole factory to China, where the same motorcycle is made by Rickshaw mechanics, rice farmers, and Party Members. It is a horrible machine. They have made it for fifty years, and gotten worse.
Bombed to rubble Germany went on to design better machines, won World Speed Records, Endurance Races, and spin off industry, cars, trucks, planes. Russia and China continued pre war designs, and never improved the industrial process.
The VW Bug is made in Mexico. One of the later better Bugs. They are not allowed in the US, because they are garbage. The same for cars made in Brazil, European designs, but two thirds of the welds that hold it together were skipped.
The world cannot take a proven design and make a quality product.
Innovation, improved design, manufacturing processes, do not seem to happen outside of Europe, North America.
Things invented in the West were made in Japan, with imported western technology.
The thing of value is the vision of the future that seems strongest in Europe and North America. We need to keep an industrial base to keep educating the future.
Jacoby
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Joined: 10 Dec 2007
Age: 32
Gender: Male
Posts: 14,284
Location: Permanently banned by power tripping mods lol this forum is trash
Ever heard of Toyota?
And the two countries in the world that apply for most patents annually per population and GDP are South Korea and Japan, exceeding all European and North American countries. This also includes China if one looks solely at patents/GDP.
Source: http://www.wipo.int/edocs/pubdocs/en/wi ... -part1.pdf (see page 50/28)
Given your choice of user name, your ignorance on this subject is even more egregious.
Don't get me started on patents. Yes I get that they are a crude indicator of innovation. However they are a form of protectionism pure and simple.
They used to be called the royal/legal monopolies, that is the history. It is only more recently the term "property" was attributed to patents. This it to mask the fact is actually just a protection racket.
Many faux libertarian/competitionist when they have a form of protectionism that suits, they just rename it so it doesn't sound like protectionism.
You can't get a more atp description of a collusory relationship. You are paying the government for the right not to have to compete.
It was Mussolini that said the Corporation is King. These special legal statuses, which reinforce this corollary relationships. He would have never of dreamt we have achieved as much as we have, towards his ideal.
I'm for radical patent reform.
It occurred to me, that this is deliberate. On some level he knows these are stupid policies (e.g 45% levies), but he also knows that stupid policies are popular.
It is advantage, not having to deliver on stupid policies.
More details will come out in the general election.
While Trump is bashed for wanting to take jobs out of Mexico and replace them with Mexicans who are here, we have real problems.
Our Debt. $21 Trillion. A record, and half run up under Obama. At traditional interest levels of 5% we would be paying a Trillion a year in interest. We also spend a Trillion a year above tax income.
330,000,000 people, X $3,000 = A Trillion. To keep up with current spending, and reduce the National Debt while we still have interest free rates, we need twice that, $6,000 per man woman and child for twenty years.
This is above all existing taxes.
We also need more tax income with 45,000,000 War Babies retiring. who will live another thirty years.
We need more tax income to repair roads and bridges, cities, power, water, sewer, as our current system was built over fifty years ago. Most of our dams are past their expected age. Built in 1910, to last a hundred years.
Taxes have gone up as jobs, the percent of the workforce employed, and declining income as better factory jobs were exported, and overall tax income is declining. Wages have been declining since 1970.
Federal, State, Profession, Pension Funds are underfunded by Trillions, and what they have is invested in the Stock Market and Real Estate. 2,000 Malls a year are closing, we have a vast oversupply of first class office buildings.
The US Government, You, stands behind those pensions. They did not pay into Social Security, but the fallback is they will get SSI.
The World is past Peak Soil. A third of all soil is degraded beyond crop use. There is no more land to bring into production, and what is producing is in decline, depends on chemicals, a large energy input.
The last growth industry, population. The population has doubled, doubled again, and the change was how quickly.
Some say it will level out soon, as sex becomes unpopular. Others such as Europe say the population has to triple now to pay for the social welfare Ponzi.
The only thing growing in the oceans is garbage, now new and improved Radioactive Garbage.
The Parasite called Government says it will keep sucking the life's blood of this planet to the last drop.
We will have enough when the slaves learn to live on less. Problem is slaves who have less pay less taxes.
Civilization is a Ponzi, the growth phase works, but when it reaches saturation, declining taxes, more expenses, it falls apart.
There is less fresh water, as rain, snow, surface, ground. Lots has been all fracked up.
It is getting hotter, quickly, faster than we can adapt.
The question hanging over this election is, will the economy collapse before or after the election?
Of all the people running, only Trump has experience at dealing with bankrupt properties.
The Banks that got the bailout, then QE 1,2,3, spent it on buying things like oil at $100. They owe it, they lost it, and it would take another ten Trillion to cover their bets.
They are bankrupt, there is nothing to do but Nationalize the Banks. This would have to include the Federal Reserve Banks. Maybe a thousand of our eight thousand banks, the largest, liquidated, their better assets sold to regional banks, and the rest sold on the Court House steps.
Flushing the bad debt out of the system is the first step toward healing.
Forming a National Bank, run by the Treasury, FDIC, Bank Regulators, Office of Management and Budget, will put a non commercial Bank at the top of the system.
The Government will not be allowed to spend more than they have. 5% of what they have has to be used to pay down the debt.
Some of the debt is the Social Security Trust Fund, Social Security should apply to the first million of all income.
This does not answer the problem, only gives some working room. Limited Immigration, get rid of people who should not be here, have a Guest Worker Program.
The Tax Code is such a mess it should be abolished. A Flat Tax on all income, very few deductions.
A Tax on Securities transactions. A 1% Tax on all Stocks, Bonds, Mortgages, Loans, would bring in a huge amount.
Taxation has to be pay as you go. Tax Rates equal Government spending, no more wars on the future's debt.
The Balance of Trade, You can only sell here equal to what you buy here. Excess sales subject to Tariff.
It will take more than two Trump terms in office, but we can stabilize the economy.
Kraichgauer
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Joined: 12 Apr 2010
Gender: Male
Posts: 47,782
Location: Spokane area, Washington state.
Democrat policy is more of the same. If allowed to continue sucking the government tit, everything that flows through them will trickle down on the people and the future.
We are being double teamed. For the last four years the world has not been buying our Bonds, four trillion have been bought by the Federal Reserve, using Depositors funds. China sold a quarter trillion of our Bonds. Worldwide, people and countries are dumping dollars and bonds, and buying gold.
Besides that, banks are allowed to borrow at no interest, to buy stocks, bonds, commodities, to support price levels that do not reflect earnings, true value, traditional P/E Ratios. The Stock Market is where all pension funds, mostly government, are invested.
They looted our bank accounts and piled debt upon us and the far future, to support their retirement and medical benefits.
Besides taking our savings out of the banks, they returned it to us as debt.
When our savings are used to support a government Ponzi, nothing is left for domestic development. When we want credit, it is at credit card rates.
Submit a loan package to build a factory in America, with a profitable business plan, that factory will be funded in China, and thanks for the free information.
Submit a loan package to buy an American company, send the production abroad, steal the pension funds, quit paying American taxes, the banks will fund that.
Clinton started it, Obama made it much worse. I disown the Bush Republicans, twenty five years of this is way too much.
This path leads to poverty, and an endless declining future.
Deregulation lead to the Savings and Loan Crisis and the Resolution Trust which did not resolve the underlying problems. America's Savings were looted.
Robbing the banks and burying the future in debt is not Good Government.
The market will crash, the banks are bankrupt, unfunded pensions will become worthless, and all of the Government workers, Military, Teachers, will still get SSI. We the future will have to pay it. But we are now on the hook for their six figure unfunded pensions, and better than you can get medical care.
Elect a Democrat, the crash will come sooner, harder, and most likely turn to Martial Law. We The People lose the Right to complain, Right to Assemble, Petition for Redress of Grievances, and future elections are cancelled under emergency powers acts.
Deal with the problem, or the problem will deal with you.
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