"Well hey hey the workin man,
the workin man like me.
Ain't never been on welfare,
and that's one place I won't be.
I'll be workin."
- Meryl Haggard, Working Man Blues
Gallup: Unemployment Rate Jumps From 7.7 to 8.9% in 30 Days
You
can't understand a headline like this unless you understand who the 1%
is. President Obama consider America as a whole to be the 1%. And his
job is to be the modern day Robin Hood and steal from the "Rich"
Americans and give to the "poor" around the globe.
Consider the following excerpt from Patrick Buchanan's book: The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy
"No
site better captures yesterday's America than Detroit, forge and
furnace of America's democracy. Detroit is the burned out case of
American cities. The Empire of the Sun has its revenge. Japanese imports
helped kill the city that built the weapons that destroyed the empire.
Now grandsons of the soldiers of the imperial army work at high paying
manufacturing jobs once held by the fathers of ten-dollar-an-hour retail
clerks in Macomb County.
"But why blame the Japanese? We did it
to ourselves. We Americans created a post war trading regime, in which,
over 25 years, Japan bought 400,000 American cars while selling us 40
million Japanese cars, a ratio of 100:1. One president after another sat
still while a third of America's greatest industry was shipped off to
Japan...
"Americans no longer make their own cameras, shoes,
radios, TVs, toys. A fifth of our steal, a third of our autos, half our
machine tools, and two-thirds of our textiles are made abroad...
"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages
have fallen and the standard of living of American families has
stagnated because of a basic law: the law of supply and demand. The
price of labor has been dropping because the supply of labor has
exploded...
"Having declared free trade and open borders
to be American policy, why are we surprised that corporate executives
padlocked their plants in the Rust Belt and moved over seas? Why keep
your plants here when you can manufacture at a fraction of the cost
abroad, ship your goods back, and pocket the windfall profits that come
from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A
pair of Nikes that sells for $150 in the United States costs $5 in
wages to make in Indonesia. Any wonder that Nike president Philip Knight
is the fifth richest man in America, with $5.2 billion, while his
Indonesian workers make 31 cents an hour?" (Emphasis mine)
Recommended reading (my posts):
University of California Study: National Debt Is Really $70 Trillion
Communists in Congress: Just Count Them
