America is Now a Socialistic Country
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Sir James Goldsmith was ahead of his time
In 1993, Sir James Goldsmith wrote a book entitled The Trap. This book was a #1 BEST SELLER IN FRANCE. The book tells in DETAIL how the large multinational corporations were going to GLOBALIZE WORLD TRADE.
It’s 17 years since The Trap was written and everything written in it is forecasted 100 percent correctly. I call my copy, which I have had for 17 years, MY BIBLE ON GLOBALIZATION and the CONSEQUENCES we the American people will have to pay when they bang the FINAL NAIL IN THE COFFIN CALLED GLOBALIZATION.
When President Bush visited France in 2003, there was an ANTI-GLOBALIZATION DEMONSTRATION which drew 20,000 people. We saw it for about FIVE SECONDS on national TV.
Make no mistake about it, when the WTO (World Trade Organization) sanctions the closing of a French manufacturing plant to BE RELOCATED in China or Vietnam, the French will take to the streets and totally paralyze the whole French economy.
What are we doing in America while the multinational corporations are taking away our manufacturing and high tech jobs? We are just sitting back and watching until we become a 100 percent service industry economy. Well, I for one AM MAD AS HELL AND I AM NOT GOING TO TAKE IT ANYMORE.
I AM REPRINTING TWO QUESTIONS ASKED TO GOLDSMITH IN 1993.
Who will be the losers and who will be the winners under a system of global free trade?
The losers will, of course, be those people who become unemployed as a result of production being moved to low-cost areas. There will also be those who lose their jobs because their employers do not move offshore and are not able to compete with cheap imported products. Finally, there will be those whose earning capacity is reduced following the shift in the sharing of value-added away from labor.
The winners will be those who can benefit from an almost inexhaustible supply of very cheap labor. They will be the companies who move their production off-shore to low-cost areas; the companies who can pay lower salaries at home; and those who have capital to invest where labor is cheapest, and who as a result will receive larger dividends. But they will be like the winners of a poker game on the Titanic. The wounds inflicted on their societies will be too deep, and brutal consequences could follow.
What are your thoughts about the World Trade Organization?
That is the organization which is supposed to replace GATT, regulate international trade, and lead us to global economic integration. It is yet another international bureaucracy whose functionaries will be largely autonomous. They report to over 120 nations and therefore, in practice, to nobody. Each nation will have one vote out of 120. Thus, America and every European nation will be handing over ultimate control of its economic destiny to an unelected, uncontrolled group of international bureaucrats.
John Rigazio
Rochester
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About the Book
The IRS must be replaced
The IRS is not producing the revenues needed to grow our economy. The fact that more poor and lower income Americans pay little or no taxes and the rich and big business have tax loopholes, plus the growing number of Americans who don’t even file any income taxes, compiled with many tax cheaters – it’s little wonder why federal revenues are declining when they should be increasing.
We also have a growing underground economy in America as more and more Americans and illegals are dealing with cash only and not paying any income taxes. This underground economy is at least $500 billion a year.
We must have a national consumption tax (aka national volume added or national sales tax) as of Jan. 1, 2011. We can make it 10 percent on everything. Five percent of this national consumption tax goes to the federal government and five percent goes to the states to pay for the unfunded mandates the federal government passes.
Also, as of 2011, the IRS should cut IRS taxes in half and make them much more simple.
In a year or two, if the national consumer tax increases federal and state revenues, we can double it to 20 percent and nearly eliminate the IRS.
A national value added sales tax will let America receive revenues from goods sold in America by slave labor countries and eliminate the cash-only underground economy.
Whereas I suggest that the states receive 50 percent of the revenue received by a national sales tax (aka value added tax) the states could collect and monitor this tax. With the exception of two or three states with no sales tax, they could implement and enforce this consumption tax with a few new employees.
We must financially help the states because a chain is only as strong as its weakest link.
Health care bill is not funded
President Obama said, “This health care legislation will be the greatest legislation since Roosevelt passed the Social Security Act.”
However, unlike Social Security, it is an unfunded mandate which exceeds the ability of big and small businesses to pay for.
It is a socialistic boondoggle incognito.
It is my opinion that big business and small business cannot afford to pay for health insurance for the many Americans whom they employ. The health care bill will cause more unemployment in America.
About the Author
I have been fighting the growth of socialism since 1964, when LBJ laid out 450 bills which were the foundation for socialism in America. Since that time, socialism has grown in America. It is the cancer that has put the free enterprise system into intensive care. Will the system that made America the land of opportunity survive? Will we Americans be able to present an austerity budget on Oct. 1, balance our budget and start to pay off our national debt? Although we didn't vote for socialism, it is being forced upon us through our federal government's fiscal irresponsibility. We are a socialistic country and we are going to have to live with it. I am 79 years old, divorced, with five grown children and seven grandchildren. I have 50 years of business experience and only a high school diploma. I was drafted into the U.S. Army Infantry in November 1952 and was honorably discharged in November 1954. I ran for U.S. Congress in the 1970 primaries in Maine's 1st District. I ran as a Democrat and received 7,000 votes to incumbent Peter M. Kyros's 16,000. I placed a full-page ad with my views on every issue in the Sunday Portland Press Herald. The next day, I received a call from a reporter who asked if I was running for U.S. Congress, and he then asked why. I asked him if he read my ad on Sunday and he said no, to which I replied, “Call me back after you do your homework,” and I hung up on him. I have been writing a column, National Politics Is Everybody's Business, for seven years. I wrote a book by the same title in 2008. I also was on the ballot for President of the United States in the NH 2004 primaries.