Lee Iacocca recently wrote a book with title 'Where Have All The Leaders Gone?' These things that are happening in America today are happening because politicians and leaders of commerce no longer have any sense of duty or loyalty to the nation-state. Americans are not unique to them. Whether Americans should or should not be unique to American politicians and captains of industry is a question that begs the notion of whether it even merits consideration having individual nations today. We are moving quickly towards one world, with mere semantics separating who we are, and how we are treated. People, including Americans, are rapidly becoming commoditized. We are all 'customers,' and as long as our fiat currency is acceptable to the seller of the day, equal. One caveat, and it's a big one; I believe that Chinese leaders do have the interests of their citizens at heart. They still think as a nation, and they are striving to improve their lot, financially, militarily, and otherwise. Sure, the Chinese leadership structure is currently offering up cheap labor to the world's corporations. But it's done with a noble purpose, even if it disadvantages some Chinese over the short term - to attract technology transfers on a mass and scale that are the largest in history. When Intel, GM, IBM, Boeing, or Microsoft, to name but a few, are willing to build billion dollar facilities in China to save on labor costs, and boost short term profits for shareholders and to boost executive compensation, it is being done at the price of trillions of dollars of R&D being surely transferred to the Chinese. So, in an ironic twist, one can credibly argue that by having a nationalistic versus 'globalist' agenda, it is the Chinese who are more loyal to the interests of their citizens, than the American, British or German regimes. Am I calling for a populist retreat to isolationism? Hell no; just some common sense and balance, and a final answer as to whether our leaders have our best interests at stake, or are willing to further sell us down the river. Because if our own politicians and industrial captains are no longer willing to protect our national interests, who will? Larry Kudlow loyalists and one world government advocates, fire away.
the republicans namely bush has locked the party into this free trade montra. and the end result will not be pretty.
Was referring to the Fed and the administrations handling of the crisis thus far, though with Dodd and Frank also on the bailout bandwagon it is a becoming a DC gangbang of the US people, sometimes it is hard to just brush it off and laugh about it, sometimes the shit gets to you. Iâll be fine in the morning