Sunday, October 12, 2008

Posts Tagged ‘Economy’

The Great Scam

Thursday, June 26, 2008 19:45

Speculators at petroleum exchanges in New York City, London, and Singapore relentlessly drive up the price of a barrel of oil to ever higher levels. These speculators are nothing but underhanded imperialist thieves manipulating "demand" for oil within the context of the demand and supply fundamentals.

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The Impact of the War on the American Economy

Thursday, June 26, 2008 18:07

The US invaded Iraq on the grounds of weapons of mass destruction, claiming the Saddam Hussein regime was an imminent threat to world security and were sponsoring and supporting terrorism. Of course this turned out to be false, but at least there was the access to Iraqi oil reserves and ...

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Where Have All The War Jobs Gone?

Thursday, June 26, 2008 17:41

The Iraq war has cost us all a great deal. In terms of the taxes, we've paid heavily towards invading Iraq needlessly, and we continue to pay towards the ongoing war effort. In terms of the economy, we've paid the price thanks to NAFTA and service contract outsourcing. In terms of human lives, we've paid the price with our young adults. But from the wreckage of Iraq and the disaster of an invasion that took place initially, the advantages of war have been cast to foreign shores, diverting jobs from the struggling US employment market to the detriment of the economy. The jobs arising from Iraq and the rebuilding effort could have gone to American families. However, the North American Free Trade Agreement has meant that jobs have been diverted largely to Mexico and Canada, resulting in further damage to the US economy as a result of the campaign in Iraq.

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