Tuesday, January 4, 2011

Why Dismantle the US?

It doesn't seem to make sense that Americans, many from old families living in this country for many generations, would want to dismantle the country that nurtured them.

In my Dec. 7th blog-post, "Come-on to Apocalypse," I showed how a libertarian/conservative list was promoting relocation to any of "80 beautiful countries." Allegiance to the US seems absent among the moneyed. Their attitude: take your fortune somewhere else, where you won't be so heavily taxed/regulated/controlled. The assumption is that the US is all of these things, although our tax burden is lower than almost all other developed nations. In many developing ones, however--and some developed ones like Greece--taxes and regulations are not enforced.

I expect the emigres would evade taxes of both their new abode and their former one, but it's ironic that the site promoting emigration also highlighted free medical care, something most conservatives complain about when it's "Obamacare."

So, the financiers, or other wealthy, have places to go. Their means of enrichment, however, might even suggest a parallel to fugitives from the law, who flee the country to escape imprisonment. For example, Goldman Sachs, JP Morgan, et al, get virtually free money from the Fed, which they use to speculate through computer programs and algorithms, doing split-second trades for billions of dollars, and profiting with fractions of a cent. Actually what they are doing is ripping off millions of dollars daily, from everyone else. How different are they than the cyber-criminals who siphon unnoticeable fractions of a cent from millions of transactions? There have been crime movies, in which super-criminals invade bank security networks and do the same thing.

But Goldman, et al aren't criminals, at least in the legal sense: they're Wall Street operators. Why do they want to dismantle the US? Because they can: they can come away fabulously wealthy, but at the expense of everyone else.

The same ethos rules many American businesses: military contractors who overbill, "frackers," who don't care if they ruin our drinking water, for-profit prisons gaining "clients" from corrupt judges and manufacturers who outsource to avoid taxes and union wages.

This isn't just economics, it's politics: the effect of trade treaties. Mexican or Chinese workers undercut American labor. Trade barriers were lowered or eliminated enabling corporations to break unions and force American workers to compete with the lowest-paid labor globally.

Again, why? There is strong anti-union feeling among those who earn from capital: after all, the more a worker gets, the less they get--and vice-versa. Additionally, workers without unions can't resist the boss.

It boils down to class struggle. Capital is winning, never mind if it's destroying the country. With their money, the wealthy can always go somewhere else: one of those "80 beautiful countries." They can even find new victims.

In Rome, Senators voted to hand Italy and the Emperor over to the Ostrogoths, rather than raise taxes on themselves.

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