Economy in Crisis

Global Capital and the Nation State

As global capital becomes ever more powerful, giant corporations are holding governments and citizens up for ransom — eliciting subsidies and tax breaks from countries concerned about their nation’s “competitiveness” — while sheltering their profits in the lowest-tax jurisdictions they can find. Major advanced countries — and their citizens — need a comprehensive tax agreement

U.S. Left High and Dry Without VAT

By George Barlow May 22, 2013
In the U.S. we tax our own citizens and then ask foreign countries to loan us the difference. Other countries tax their own citizens and then charge foreign corporations for access to their markets.

America’s Legacy—A Fool’s Paradise?

By Benjamin Clement May 22, 2013
In the 1950s, 30 percent of the American workforce was employed in manufacturing—almost one in three jobs. This country was a manufacturing superpower, and we were the world’s richest and most productive country. By 1994, approximately one in eight jobs were in manufacturing.

Five Things America Must do To Fix the Economy

By Benjamin Clement January 14, 2013
The first thing we must do as a nation is withdraw from all organizations that would not allow the United States to put its own best interest first. The World Trade Organization needs to be the first on the chopping block. We cannot allow this supra-governmental body any opportunity to act as a judiciary body against us.

Our Worst Scandal of All – The U.S. Trade Deficit ! Does Anyone In Washington Care?

All the talk now in Washington and in the national media is on three unrelated scandals where the Obama Administration’s performance is being questioned – (1) the Benghazi terrorist attack, where our Ambassador to Libya was killed, (2) The U.S. Department of Justice’s secret monitoring of  many telephone lines at the Associated Press headquarters ,

Plutocracy & Corruption: Harming The Average U.S. Citizen

By Margaret Elkis May 20, 2013
Simply put, plutocracy is a government ruled by the wealthy or controlled by wealthy individuals. It is no secret that wealth buys power, and that is exactly what we are seeing today. Unfortunately, with wealth and power often comes corruption.

Foreign Predatory Trade Practices Decimating U.S. Economy

By Briana Smith March 1, 2013
J.R. Martin, author of Selling U.S. Out, explains China's predatory trading practices quite well when he states that “China has been exploiting the world's largest and most open economy with low-priced exports while protecting their markets from U.S. imports.”

Now Is the Time to Justifiably Protest the Trans-Pacific Partnership (TPP)

The Trans-Pacific Partnership (TPP) is a free trade agreement set to be finalized in October 2013, with disastrous consequences for the United States. The agreement would bridge together a handful of countries – Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, Vietnam, Mexico, Canada and the United States – into a new “free trade” agreement.

America’s Descent Into Poverty

The United States has collapsed economically, socially, politically, legally, constitutionally, and environmentally. The country that exists today is not even a shell of the country into which I was born. In this article I will deal with America’s economic collapse. In subsequent articles, i will deal with other aspects of American collapse. Economically, America has

Pages