Comments on: How Capitalism and Technology Created (a) NAFTA http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/ Firedoglake weblog Wed, 25 Nov 2009 17:38:12 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Maddy http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1265235 Maddy Mon, 11 Feb 2008 03:24:52 +0000 http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1265235 <p>The Fed is a private banking institution, privately owned. At the time of it’s creation in 1913,it was founded by the likes of Paul Warburg(sp). Cornelius Vanderbilt, J.P. Morgan (get the picture), and other esteemed human beings, There were many who opposed it. The law that created it was passed during a Christmas break in congress which should tell you more about its character.<br /> Before the bank was created there was no inflation to speak of, after its creation that is not the case. In other words in this radicals mind it was a f09king bad idea and many people far more knowledgeable than I have so stated. It is a god damned racket.</p> The Fed is a private banking institution, privately owned. At the time of it’s creation in 1913,it was founded by the likes of Paul Warburg(sp). Cornelius Vanderbilt, J.P. Morgan (get the picture), and other esteemed human beings, There were many who opposed it. The law that created it was passed during a Christmas break in congress which should tell you more about its character.
Before the bank was created there was no inflation to speak of, after its creation that is not the case. In other words in this radicals mind it was a f09king bad idea and many people far more knowledgeable than I have so stated. It is a god damned racket.

]]> By: Maddy http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1265217 Maddy Mon, 11 Feb 2008 03:11:31 +0000 http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1265217 <p>Excellent, but confusing I think to me anyway.<br /> Bioden you probably won’t see this I am late for dinner. I have been reading some things on this.<br /> There should always be m-valued monetary systems, and there should always be m-valued trade agreements that address the particular needs of any one country in respect to the others participating.<br /> We don’t have that now, these agreement are not the way to go at all in my mind. What I have seen happen as a result of these agreements is for example, a dairy farmer in Jamaica pouring his milk out of a tanker truck onto the highway, because he cannot compete with what is imported. I understand vaguely, I think, what you are talking about as far as time and communication shortening time and opening the globe to trade in an instant but does that really help those who need protection from the vultures who continually rip countries resources out of their very grasp? To me these things need to be completely redesigned with economic equality in mind, by that I mean that trade has to consider who it is trading with in a very practical and beneficial way, we cannot have capitalism run rampant or you get what you are looking at in America and it isn’t pretty.<br /> I would appreciate a reply Bioden if possible only to point out whether I got the gist of what you are saying, I have very strong feelings about this issue vis a vis labor.<br /> thx<br /> Maddy</p> Excellent, but confusing I think to me anyway.
Bioden you probably won’t see this I am late for dinner. I have been reading some things on this.
There should always be m-valued monetary systems, and there should always be m-valued trade agreements that address the particular needs of any one country in respect to the others participating.
We don’t have that now, these agreement are not the way to go at all in my mind. What I have seen happen as a result of these agreements is for example, a dairy farmer in Jamaica pouring his milk out of a tanker truck onto the highway, because he cannot compete with what is imported. I understand vaguely, I think, what you are talking about as far as time and communication shortening time and opening the globe to trade in an instant but does that really help those who need protection from the vultures who continually rip countries resources out of their very grasp? To me these things need to be completely redesigned with economic equality in mind, by that I mean that trade has to consider who it is trading with in a very practical and beneficial way, we cannot have capitalism run rampant or you get what you are looking at in America and it isn’t pretty.
I would appreciate a reply Bioden if possible only to point out whether I got the gist of what you are saying, I have very strong feelings about this issue vis a vis labor.
thx
Maddy

]]> By: Ian Welsh http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264686 Ian Welsh Sun, 10 Feb 2008 23:21:43 +0000 http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264686 <p>Good post Biodun.</p> Good post Biodun.

]]> By: shmooth http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264559 shmooth Sun, 10 Feb 2008 22:38:57 +0000 http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264559 <p>i think there’s a lot to criticize about nafta and the rest, but i can’t make heads or tails of this post. really - i have no idea what it is saying at all. none.</p> <p>can i get an amen??</p> <p>p.s. hey! y’all fixed firefox commenting - sweet!</p> i think there’s a lot to criticize about nafta and the rest, but i can’t make heads or tails of this post. really – i have no idea what it is saying at all. none.

can i get an amen??

p.s. hey! y’all fixed firefox commenting – sweet!

]]> By: nahant http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264550 nahant Sun, 10 Feb 2008 22:36:40 +0000 http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264550 <p>I have been saying the same thing for years. When there are no more good jobs in this who will the products being imported into this country!!</p> I have been saying the same thing for years. When there are no more good jobs in this who will the products being imported into this country!!

]]> By: nahant http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264522 nahant Sun, 10 Feb 2008 22:23:55 +0000 http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264522 <p>Hey Biodun Great post on a subject that truly needs airing out for all to see and understand why we are in the mess we are currently enjoying care of corporate America and the republican party.<br /> Oh yeah will someone else digg this great post?? I started it… you guys give Biodun your support</p> Hey Biodun Great post on a subject that truly needs airing out for all to see and understand why we are in the mess we are currently enjoying care of corporate America and the republican party.
Oh yeah will someone else digg this great post?? I started it… you guys give Biodun your support

]]> By: RockPaperScizzors http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264469 RockPaperScizzors Sun, 10 Feb 2008 22:02:21 +0000 http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264469 <p>Guess where the elitist bankers met to hatch out the Federal Reserve…Jekyll Island<br /> The 1910 “duck hunt” on Jekyll Island included Senator Nelson Aldrich, his personal secretary Arthur Shelton, former Harvard University professor of economics Dr. A. Piatt Andrew, J.P. Morgan & Co. partner Henry P. Davison, National City Bank president Frank A. Vanderlip and Kuhn, Loeb, and Co. partner Paul M. Warburg. From the start the group proceeded covertly. They began by shunning the use of their last names and met quietly at Aldrich’s private railway car in New Jersey.<br /> <a href="http://www.jekyllislandhistory.com/federalreserve.shtml" rel="nofollow">http://www.jekyllislandhistory.....erve.shtml</a></p> Guess where the elitist bankers met to hatch out the Federal Reserve…Jekyll Island
The 1910 “duck hunt” on Jekyll Island included Senator Nelson Aldrich, his personal secretary Arthur Shelton, former Harvard University professor of economics Dr. A. Piatt Andrew, J.P. Morgan & Co. partner Henry P. Davison, National City Bank president Frank A. Vanderlip and Kuhn, Loeb, and Co. partner Paul M. Warburg. From the start the group proceeded covertly. They began by shunning the use of their last names and met quietly at Aldrich’s private railway car in New Jersey.
http://www.jekyllislandhistory…..erve.shtml

]]> By: RockPaperScizzors http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264460 RockPaperScizzors Sun, 10 Feb 2008 21:56:27 +0000 http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264460 <p>Capitalism is for the little people. On the otherhand the US government has been practicing Corporate Welfare, notoriously starting with Chrysler. When corporations go belly up the taxpayers step-in and bailout the Corporations for deliberate and fraudulent risks. As we speak the banks have -negative- reserves. This is a period of <em>Banks Gone Wild</em>. The banks want to dump this on our backs. Fraudulent ponzi schemes; CDO’s, SIV’s, CDS’s, Hedge funds, derivatives, offshore pirate coves… with a big helping deregulation hand from the Evil Wizard Greenspan. No jailtime for any of these scam artists. And now our Consumer economy is in the tank. May they all move to Paraguay via Air Force One.</p> Capitalism is for the little people. On the otherhand the US government has been practicing Corporate Welfare, notoriously starting with Chrysler. When corporations go belly up the taxpayers step-in and bailout the Corporations for deliberate and fraudulent risks. As we speak the banks have -negative- reserves. This is a period of Banks Gone Wild. The banks want to dump this on our backs. Fraudulent ponzi schemes; CDO’s, SIV’s, CDS’s, Hedge funds, derivatives, offshore pirate coves… with a big helping deregulation hand from the Evil Wizard Greenspan. No jailtime for any of these scam artists. And now our Consumer economy is in the tank. May they all move to Paraguay via Air Force One.

]]> By: SanderO http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264457 SanderO Sun, 10 Feb 2008 21:54:16 +0000 http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264457 <p>The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per share - the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison (Reference 1, 14). The FED banking system collects billions of dollars (Reference 8, 17) in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest.</p> The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per share – the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison (Reference 1, 14). The FED banking system collects billions of dollars (Reference 8, 17) in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest.

]]> By: ybnormal http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264456 ybnormal Sun, 10 Feb 2008 21:53:55 +0000 http://firedoglake.com/2008/02/10/how-capitalism-and-technology-created-a-nafta/#comment-1264456 <p>More of an in-ing than an out-ing</p> More of an in-ing than an out-ing

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