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The US Workers and Unions Know That Obama Challenges The Fraud of Globalization

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tdavis Donating Member (171 posts) Send PM | Profile | Ignore Fri Jul-10-09 10:19 AM
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The US Workers and Unions Know That Obama Challenges The Fraud of Globalization
Since the 40s when the Stock Markets of the World turned the currencies of the Orb into mere paper commodities, the USA dollar - although always pegged by law to the reserves of tangible value maintained in the coffers of the Federal Reserves - became a paper gadget without legally binding value. Instead has a worth of erratically varying “quotations” which are merchant numbers that have no real relation with intrinsic value. Because of this intrusion of Wall Street and all the Stock Markets of the World in the global economics, the specific punctual tangible value of currencies disappeared to become just another item in the yard sales of trinkets of Globalization, and real economics disappeared from the surface of the Earth replaced by the indoctrination and corporate brainwashing of Globalization. All countries today (including the USA and Canada) are trading a very low percentage of their potential global goods and services commerce (the untouched immense food market in hungry Africa is not attended, for instance) because of the restrictions of Free Trade and the necessity of buyers to go deep in debt themselves with the World Bank to operate their Trade. What cannot be manipulated with Free Trade and the Foreign Debt of the Third World Nations is contained with the GATT. Consequently, gobalization is for Humanity a global organization of robbers and prevaricators of its belongings in its labour and resources to siphon its wealth to the coffers of a few, like the Champion of the Empire of Paper-Valueless-Money, ethical Bernie Madoff.

Read Full Article http://thebreadwinner.the-amt.com/index.php?/The-Breadwinner-Blog/Government-and-Policy-Blog/The-US-Workers-and-Unions-need-that-Obama-challenge-the-fraud-of-Globalization.html
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tomreedtoon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-10-09 05:06 PM
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1. So when will Obama know it?
He's following the traditional path US Presidents follow when there's trouble at home; he's going abroad and getting applauded by foreign audiences. If he'd do something definitive for jobs and the economy here at home, I'd feel more optimistic.
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