Monday, June 13, 2011

More Temporary Solutions to Long Term Problems, June 12 2011

Bob Chapman
International Forecaster
The lifeblood is being sucked out of America by free trade, globalization, offshoring and outsourcing. Over the past 11 years manufacturing jobs have fallen by 11.7 million and 440,000 businesses have been lost.

Those figures should make Americans very disturbed, when it is obvious that American business, and the House and Senate are aiding and abetting in this job destruction, which has not only ended the American dream, but the destruction of the American economy. In essence quantitative easing, the creation of money and credit, are a cover for wealth and job destruction, as are food stamps, Medicaid and extended unemployment. These are short-term solutions.

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