No way to stop the spiraling U.S. economy

People are blameing the Banks for the state of the economy in the United States. Banks are only contributeing to the problem. The problem with the US economy is the way corporate America conducts business.

It`s the greed of the rich that has destroyed the once thriving economy. Increasing profit returns are the bottom line. The people don`t matter. Unless of coarse, you are a shareholder. American companies screwed their own people over for cheap foreign labour. The United States became an economic superpower because of their manufacturing industry. When was the last time you bought anything made in America that wasn`t either a car or a packaged food item? A modern nation needs manufacturing jobs to employ the masses. Not everyone can have a high-paying suit and tie jobs. you need people actually doing the hands on work. You look at all the growing economies of the World and you will see that they all have massive manufacturing industries.

Any sort of cash infusion into the US economy is only a temporary fix and is only postponing the inevidable colapse. The only thing that could stop this would be if Corporate America would bring the jobs back home, but that will never happen.

FINALLY SOMEONE UNDERSTANDS...

There is NO WAY, so just let it collapse. IT MUST collapse before it can be rebuilt...
From the ashes of failure... success will rise.

reply to post by Darkmask


Given U.S current standing in the world i fear that if we were to buckle we may not even ashes to rise from.

reply to post by CanadianDream420
I agree, it must colapse. But I fear the world will go through some dark times before the Pheonix rises again.

It`s funny that a fellow Canadian was the first to respond

reply to post by DistractAndConquer
If any country could, the US can. They still have massive amounts of assets.

We just need to rethink on how the world economy should function. Maybe it`s time for a world currency?

Originally posted by CanadianDream420
FINALLY SOMEONE UNDERSTANDS...

There is NO WAY, so just let it collapse. IT MUST collapse before it can be rebuilt...
From the ashes of failure... success will rise.

I'm sure there were people in late Roman empire who had that kind of thoughts as well...

reply to post by Darkmask


Assets means nothing of you dont have the support of your people and the american people voice there distrust for our some what functioning gov't now take the somewhat part away .

There is a way but it won't happen. I disagree that it is the corporations yes they are culpable however they have simply taken advantage of the fraudulent system; it is the Federal reserve money from nothing system that is the life blood of the current politically connected corporations, wall-streetl/main-street inflationary bubble expansion of the economy etc etc etc. if you got rid of all these corporations and left the Federal Reserve system in place you would still have the same problem.

Until people understand this nothing will change. Even when the economy crashes the people are so ignorant we are likely to get a new system same as the old with a new dress and different color lipstick. People are blaming the symptoms and missing the root of the problem and that is lack of honest money. Our whole economy is based on a giant credit card so to speak, there is no money it is all credit expansion and those chickens are coming home to roost. IOW when you need more stuff you just put it on the credit card cause you have no money. This is how our government and banking system has operated for a century now and the jig is up.

Originally posted by hawkiye
There is a way but it won't happen. I disagree that it is the corporations yes they are culpable however they have simply taken advantage of the fraudulent system;

I don't think you get it. It's not "fraudulent", it's capitalism as usual. There is no regulation as to where the US corporations hire people, plain and simple. So jobs move from NYC to Bangalore. No fraud, actually, but the result devastating all the same.

Originally posted by buddhasystem

Originally posted by hawkiye
There is a way but it won't happen. I disagree that it is the corporations yes they are culpable however they have simply taken advantage of the fraudulent system;

I don't think you get it. It's not "fraudulent", it's capitalism as usual. There is no regulation as to where the US corporations hire people, plain and simple. So jobs move from NYC to Bangalore. No fraud, actually, but the result devastating all the same.

No your the one who doesn't get it at all, it is fraudulent, it is not some rhetorical label you hear in the media and repeat on an internet board in complete and utter ignorance, it is not capitalism. It is the most highly regulated system in history It favors politically connected corporations to protect thier markets. That is not capitalism that is fascism/socialism/corporatism. Can you live on your credit card without paying the bill? Neither can a nation and that is what we have been doing period!!! If you don't get it from just that statement alone then you are devoid of all logic and reason and simply state irrational emotional beliefs you picked up in media with no clue as to what you are saying or how things work. Your display of ignorance is typical and illustrative of why we are in this mess as you are representative of a majority of people THEY HAVE NO CLUE!

I am sure you will have some emotional retort devoid of substance however I will try not to respond anymore to this ignorance

It is so annoying and tiresome to hear this ridiculous rhetoric repeated over and over by media induced drones... Sigh

reply to post by hawkiye
We never should have abandoned the gold standard. That was when a ``dollar`` was worth a dollar. Now it`s worth, is just an Idea.

After it all comes down, we WILL be back on the gold standard.

Originally posted by hawkiye

Originally posted by buddhasystem

Originally posted by hawkiye
There is a way but it won't happen. I disagree that it is the corporations yes they are culpable however they have simply taken advantage of the fraudulent system;

I don't think you get it. It's not "fraudulent", it's capitalism as usual. There is no regulation as to where the US corporations hire people, plain and simple. So jobs move from NYC to Bangalore. No fraud, actually, but the result devastating all the same.

No your the one who doesn't get it at all

It's "you are", not "your". Writing skills?

it is fraudulent, it is not some rhetorical label you hear in the media and repeat on an internet board in complete and utter ignorance, it is not capitalism. It is the most highly regulated system in history It favors politically connected corporations to protect thier markets.

We were talking specifically about exporting jobs, which has nothing to do with protecting markets. Reading comprehension?

Exactly right. It cannot be stopped. These things and much worse will continue to happen as Yahweh, our God and Creator pours out His wrath upon mankind leading up to Armageddon. It is His will that you all know exactly where it is coming from.

Matthew 10:34 "Don't assume that I came to bring peace on the earth. I did not come to bring peace, but a sword."

Exodus 15:3 "The LORD is a warrior; Yahweh is His name."

"There will be no peace on Earth until My Son's Kingdom. I will crush every kingdom now standing and rock the earth off its foundation. I Yahweh will destroy every enemy to My throne, and who can stop Me? Who can turn back My anger? No one." - Yahweh

Originally posted by ReginaAdonnaAaron
Exactly right. It cannot be stopped. These things and much worse will continue to happen as Yahweh, our God and Creator pours out His wrath upon mankind leading up to Armageddon.

Don't generalize. China will do fine, and Yahweh won't do jack about it.

reply to post by ReginaAdonnaAaron
You are like a broken record....Same post in every thread, or are you just keeping tabs on me?

If you want to bring jobs back to the country, it has to be 2 pronged attack and it is going to hurt all of the country in the process, but there is a solution that you may or may not agree with.
1) Government: Government has to not only cut taxes an all businesses across the country, but offer serious incentives to business for hiring people, along with reducing and easing some of the restrictions that are on a business. Many businesses have a hard enough time with the taxes, but when you add in all of the red tape, regulations and laws in the process, and many are redundant, then it becomes hard for a business to start and for companies to expand. In some instances, a company would like to expand, but does not, cause they are either not sure how the current set of laws will affect them, or the red tape to do such is just too difficult to navigate that it is safer to remain where they are. In one case, to expand a business in one state, it would cost the business owner close to a half a million dollars, and that is for all of the taxes and fees associated with that.
2) The citizens of the country have to stop value shopping. They have to look and decide if they want to spend 500 dollars on a TV made in China, or 700 for one made in the US.

The savior (of the thread) is here! All hail the.....oh, never mind.

"There is no way to stop the spiraling U.S. economy" is partly correct. Just remember, there is always the "economy" that no one talks about, and there are actually MANY.
First, there will always be "an" economy. What we are seeing is the destruction of the popular one, that is the one that benefits typical Americans.
There are several other domestic economies that are, and will continue to do fine. The underground will flourish as always, the illegal governmental economies will perservere, and the big bankers will do more than fine, just to name a few.

But, the producer of the common wealth, the source of the economy WE rely on, the cash flow that flows through governments for government grunts, charitable organizations, and small business will go down the toilet like...you know what. The producers of any economy HAVE to get a return for the risk of doing business. If you take away the rewards, the producer go home or elsewhere. That is what is happening, now. It simply is NOT worth it to risk capital in the market place. Bernanke is making sure the wealthy can make their money on wall street, the federal government elites will continue to make their arms, surveillance, and drug deals, and the underground will fight the feds for drugs and bullets.

Simplified a bit, but that is the truth.

It is the most highly regulated system in history It favors politically connected corporations to protect thier markets. That is not capitalism that is fascism/socialism/corporatism.

The most highly regulated system in history, eh? I'm sure BP and the gambling addicted wall street banksters would totally agree. And you can't label something as socialism and corporatism, they are very different than each other.

The truth is that the realm of corporate America is a lot like the wild west - lawless. The little guy gets screwed while greed, ignorance and incompetence are cheered and rewarded.

Capitalism has failed. All the world can see this. But the elites benefit from the status quo, so it looks like nothing is going to change.

reply to post by kimar

I wouldn't say capitalism has failed, though some very powerful people will wish it so, and claim it has.
Keynesian economics has failed, although it may have been rooted in good intentions. The problem really is that GOD doesn't run things, and humans can screw up anything.
And the world turns.

So, instead of using cheaper imports from abroad, you would rather force companies to buy local? While this is helping local industries, it comes at the expense of other local industries who use the goods produced as input. Basically by law you will be favoring one group over the other.

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