End Globalization

Today I called my Citibank card Customer Service and the call was taken by someone in India.

I was disturbed at this because Citibank received government help and I do not see it appropriate for jobs that should have been given to Americans by an American company be shipped overseas. This is wrong especially when this company received bailout money from American taxpayers. But the effects of today’s economic policies have hit closer to home when I found out a relative of mine who is an engineer working for an “American” company has not been paid for the past two months. The principle owner of this company is Chinese. It seems that for whatever reason, whether it’s an internal power play within the company or the Chinese owners feel they want to bankrupt the company, the fact is that my relative along with a large number of workers has not been paid. Another worrisome example, listen closely when the newscaster says that “Saudi Arabia and Opec have decided that the American economy can support and increase in oil prices”.

The fact is that this man and the entire American economy is becoming more dependent on decisions made outside the United States. It is a matter of time before our foreign policy is not only affected (it already is) but is dictated by foreign special interest groups.

America is turning into a welfare state.

It’s true that President Obama’s administration has made great efforts to bring us out of a recession that was perpetrated by a previous administration. It’s true, the current administration has done a lot in a short period of time. It’s true there must be CHANGE. But although there was a bit of talk on cutting tax breaks for companies that move their plants out of the United States, the Obama administration has not begun to go to the heart of the problem and instigate some of the biggest CHANGE needed.

America must make all efforts to increase the value of American labor and stop unemployment immediately. This could only be done by reversing the “Globalization” trend started back in the Reagan Era. And the way to do this is by increasing tariffs and cutting back on imports IMMEDIATELY.

Since the 80’s Wall Street evolvement has been accelerated and stockbrokers have made it a point to offer investors new “product” in which to invest in. One of these methods is purchasing or making public an American company who has a good product and good distribution system. Once the company is purchased or made public the company’s manufacturing components are shipped overseas. By taking advantage of this lower cost of manufacturing labor the company posts an immediate profit which of course is distributed among the investors. These “investors” my include companies who keep your retirement fund so don’t think it’s just a small number of the population that is involved in stocks. In the meantime the factory workers are laid off and the state usually needs to step in and provide them with unemployment benefits, which of course must be funded by our tax dollars and the hole becomes deeper. We are now in a pit!

There are many voices that will stand up against the idea of reversing Globalization but look behind these voices and you will find special interest groups or Wall Street executives who are out to make a buck at the expense of anyone they can get to invest in the stock market. We have to stop this trend, we have to stop exporting our manufacturing plants, we have to embrace the concept of “American Production for American Consumption”. Perhaps “Globalization” seemed like a good concept but it has proved to be the biggest threat to our own national security.

Don’t think so? Go ahead and please make your argument. Post your comment.