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Sunday, September 04, 2005

Corporate Nationalism

As the Beast in the East continues to grow economically and militarily, its high time we started rethinking our economic policy towards China. While conservatives have long since prayed at the alter of free trade capitalism, this may eventually come back to haunt us down the road. We are increasingly more dependent on imported goods, which is not intune with what America was founded on; rugged individualism.
Our economy must undergo a transformation that will allow it, in time, to draw away from the teet of international trade, towards the goal of total self sufficency. Here is what needs to happen:

Trade

As our debt grows into the trillions of dollars, we can point the finger at one menace, Chinese trade. Over one fourth of all of our goods come from communist China, something which was unthinkable during the Cold War. Ending economic relations with communist China will be painful on our own economy and wallets, but it is a necessary sacrifice. China's labor laws encourage American outsourcing, taking our jobs and money elsewhere. To compete, employers must drive down wages, causing the American worker to bear the brunt of the new "global economy". We must seek to protect our compatriots, especially those most vulnerable in this situation, the America worker. To pull up the slack from ending trade with China, we can instead divert imports from India and Mexico, whose manufactors can do everything China once did, at the same price, without having to fuel the communist war machine.

Corporate Taxation

Outsourcing is taking away American jobs faster than insourcing or domestic job creation can produce them. Instead of imposing harsh penalties on American corporations and crippling our economic base (which has made us the most powerful country in the world), there is a better solution. American corporations leave for countries like the Caymen Islands because of their low tax levels. Like any industry, we must slash prices to stay competitive. We must lower our corporate taxes to a level that is either equal to, or better than the foreign nation where our corporations are headed. By doing so, we would create a perfect climate for companies to remain in America, keeping our jobs and currency inside our borders. Our low taxes would also be very tempting to international corporations, especially European ones. Instead of paying high taxes on everything in socialist Europe, they can come to the States, and be able to run their business away from the prying eyes of the European Union. This insourcing would generate extra American tax revenue and create new jobs in America, a win win scenrio.

Privatization

Ronald Reagan once said that, "Government is not the solution to the problem, government is the problem." As was witnessed in the Hurricane Katrina distaster (and many other instances before it), the government either does not have the ability or the will to act decisively and as one. Why? Because there is no true incentive for them to do so. In our society, we are driven by the financial bottom line, and the govenment does not have one. That is why many of the government's major agencies need to be privatized.

The government agencies that are to be made private or eliminated include (but are temporarily not limited to); the Federal Emergency Management Agency (FEMA), the Housing and Urban Development Agency (HUD), the National Emdowment for the Arts (NEA), the United States Agency for International Development (USAID), the United States Postal Service (USPS), the African Development Foundation (ADF), the Environmental Protection Agency (EPA), the Equal Employment Opportunity Commission (EEOC), the Federal Housing Finance Board (FHFB), the Federal Labor Relations Committee (FLRC), the Federal Meditation & Conciliation Service (FMCS), the Federal Mine Safety and Health Review Commission (FMSHRC), the Inter-American Foundation (IAF), the Merit Systems Protection Board (MSPB), the National Railroad Passenger Corporation (Amtrak), the National Science Foundation (NSF), the National Transportation Safety Board (NTSB), the Occupational Safety and Health Review Commission (OSHRC), the Pension Benefit Guarantee Corporation (PBGC), the Postal Rate Commission (PRC), the Railroad Retirement Board (RRB), the United States Commission of Civil Rights (USCCR), and the United States International Trade Commission (USITC).

These are only a number of the countless government agencies and subdivisions that consume more than they produce every year. By either privatizing or eliminating them, our government will be leaner, more cost efficent, and less beaucratic. The privatized agencies will be handled by corporations whose best interest is providing quick, cheap, and effective service to its customers, the American people.


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4 Comments:

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Blogger Arthur Wneir said...

"Our economy must undergo a
transformation that will allow it, in time, to draw away from the teet of international trade, towards the goal of total self sufficency."

Maybe i didn't understand what you say. But do you think Reagan your "heros" would agree with that ?
Trade is a freedom, first for the consummers

5:39 PM

 
Blogger Sam said...

The policy is based on a sustained war time economy. Our biggest threat is Red China, and while self sufficency is not fully possible, it is in our best interest not to keep feeding the communist war machine. We would increase trade with Europe, India, and Mexico to pick up the slack. I'm sure RR would understand, after all, he did keep our current embargos.

7:27 PM

 

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