Thursday, October 23, 2008

Continue Plus 89

Capitalism Is Not Defective

America’s current economic problems are not due too defective capitalism, rather unethical capitalism a product of human greed and vanity. Repetition often makes a good teaching tool.

The flaws of capitalism rationalized by Bush II, Bush II Administration, Texas Senators, most all Democrats, and Former Federal Reserve Chairman Alan Greenspan can be referenced in Ten Commandments basic teachings like thou shall not steal.

Reality offers two economic systems, also called economies. First system is called capitalism where labors, services, resources, or products are voluntarily traded for monetary units or credits based on exchange rates determined by supply and demand.

Second system is based on stealing; and represented by five primary systems including:
1) Unethical Capitalism: not providing represented labors, services, resources or products for fraudulent profits.
2 Socialism: all property and means of production are owned by government. Policies offered by Liberal Democrats.
3) Fascism: property and means of production are owned by citizens, but are so regulated by government, that eventually there is little difference between socialism and fascism.
4) Contemporary policies offered by environmentalists advocating Greenism to solve fabricated propaganda problems like global warming.
5) Common law crimes like fraud, theft, and other crimes.

Back to this writing exercise theme, unethical capitalism includes internationalist policies based on greed which destroy America’s domestic manufacturing base for cheap foreign labor driven profits.

Unethical capitalism includes domestic businesses supporting porous southern border, and threatening national security for collateral retail profits from drug trafficking, all types of border smuggling, cheap illegal wages, foreign criminal investments, and profits from related social problems.

More examples of unethical capitalism includes companies engaging in fraud by misrepresenting service or product quality or tampering with standard accounting practices. Another example, companies controlling exchange rates by manipulating supply and or demand with monopolistic practices. Why, to destroy ethical capitalist markets dependent on trust based volunteer trade.

Most contemporary unethical capitalism includes mortgage brokers financing homes with “bad” notes; and repackaging notes for financial institutions wanting to use the notes to show federal government they are loaning money to adequate numbers of minority members before repacking notes and reselling them again.

As for definition of ethical capitalism, if words honesty, integrity, reliability, openness, candor, frankness, truthfulness, trustworthiness, are not part of your vocabulary; then probably no amount of re-arranged words in I could add to this writing exercise would explain intended message.

Americans in particular and America in general will continue to have economy problems based on greed, vanity, and lack of integrity; until Americans start electing citizens of spiritually based honor who do not leave their principles within walls of church or religious building.