Are we a nation? New Libetarianism

Ron Paul said some things I agreed with and a whole bunch that I did not. He is an example of the Libertarians. It is a form of anarchy and just as useless. We used to say "United we stand, divided we fall". Now we say it is everyman for himself. That doesn't seem to be working for 99% of us. We have lost our sense of family and even of being in a committed lifelong relationship.

Yahoo - Big Data Download - Cato Institute: Why Outsourcing Is a Good Thing. The article and interview are junk. It came out that U.S. companies could be investing in America; but, are choosing to stockpile money and this is the response from the shills at the Cato Institute. What a surprise.

Lets look at it in the simplest of terms, should American companies seek to be part of America and help America or not? How bout this, should we be giving tax breaks to companies that are shipping jobs overseas? These people are not really Libertarians, they are just another form of Globalists. The guy from the Cato Institute even said as much, he claims to be all pro United States but then talks about how we have too much, how we are only 5% of the world. He also says that we don't ship jobs oversees for lower wages and less stringent rules. How can anyone treat him as honest or credible and then he spins a bunch of statistics and leaves out the truth. He states that foreign automakers and other foreign industry leaders pay 25% more than the average American gets in wages, he leaves out that they make considerably less than others working for American companies in the same industry.

Here is my question, is America better off by having high unemployment and having American companies move the industries that we created to other countries where the people are treated like complete cattle and paid a dollar a day? If what he was saying was true and we were going to other countries to help them then wouldn't we them to pay the same wages as we get when they go to outside countries and wouldn't we want them to make sure the factories that did work for them were as environmentally friendly as we require American companies to be. And Mr. and Mrs. Consumer, we you refuse to buy products that were produced with cheap labor and less environmental impact?

Not to let the left off. There are many young people who are both anti-Globalist and pro-Anarchy. Anarchy is the most extreme form of globalism. Either you believe in the nation state or you do not. If you do believe in the nation state then you must accept collectivism to some level. Do you want to have roads, sewers, public services, police, fire... Have we become so polarized and ridiculous that we cannot understand that no extreme is the answer and that it is a question of balancing interests. Maximizing personal freedom; but, not to the detriment of the community. Or, is there no community and just personal interest? Only evil people seek to divide and conquer.

216.95 drop in the Dow Jones, more to come

Pretty much what I have been telling you, extreme volatility and then we will see the big crash and it will be much bigger.

Telegraph - Global shock as manufacturing contracts in US and China
Manufacturing has begun to contract in the US and China for the first time since the Lehman crisis, raising fears of a synchronized downturn in the world’s two largest economies.

Not a lot of good signs out there. You might think I want to gloat over being right about these things; but, there is nothing to gloat over. What is coming is going to be bad and the solution will change your way of life.

UPDATE: It is just past 9 at night and I was looking at financial news when I noticed that all of the Asian stock exchanges were down. Lets see how Europe does overnight.

Yahoo - CNBC - Companies Spend Cash on Investors, Not Workers. An interesting article, companies are sitting on $1.8 trillion in cash and instead of investing in their companies, they are buying up their own stock. They are not interested in manufacturing or jobs, they are interested in short term gains for stockholders and longterm gains for their management.