Economy Not Based Upon Production is Doomed
wis...@yahoo.com
<cros...@nationalist.org> wrote:
>ECONOMY NOT BASED UPON PRODUCTION IS DOOMED
>
>What is the "global-economy," anyhow? It all began in the Fifties,
>when government-edicts forced Negroes into jobs. Consequently, as
>shoddy-workmanship replaced "Made-in-America" craftsmanship, industry
>evacuated overseas. Products made by Mexicans or Asians seemed
>preferable to those made by descendants of African-slaves. The
>infusion of cash into foreign countries turned former colonies into
>creditors, with a huge financial-stake in America.
>
>To make matters worse, Uncle Sam, who had always been a creditor,
>became the world's leading debtor, not only abroad, but to minorities
>and aliens, who had gained "entitlements" to budget-busting welfare,
>housing, health-care and food-stamps, through demands backed up
>by rioting. Instead of production backing prosperity, an artificial
>"bubble," inflated by the printing of greenbacks, lifted off.
>
>It became "illegal" to refuse to lend money to Negroes and others who
>could not afford to repay. In fact, banks became government-mandated
>"equal-housing lenders," meaning that, if they did not dole out money
>to minorities and aliens, they would be fined or shut down. Those who
>complied, eventually, went bankrupt or garnered a federal "bailout."
>Printing money, with no production to back it up, invariably leads to
>runaway-inflation, depression and, then, economic-collapse.
>
>Abraham Lincoln tried printing greenbacks to finance the Civil War.
>Ruination was staved off only because the Union prevailed, but, when
>Germany lost World War I, its unrestrained printing of money turned
>the entire national-currency worthless, provoking a revolution.
>George W. Bush has reacted to the shoeshine boy taking over the shop
>as just some "adjustment." Bush repairs to the international-banking
>elite that "what goes down, must come up," but the "globalists" have
>no use for America, except to bleed her dry. In the New America,
>sought by Nationalists, worth will be measured by work, American
>workers will take precedence and the main export will not be jobs but
>those who no longer fit in.
>
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