Category Archives: Businesses

How Should our Government Deal with the Debt?

An excellent video by Dr. Stephen Davies and LearnLiberty.

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Why are Occupy Rioters Against Capitalism?!

The Occupy movement has, over the period of over a month, taken over many cities’ infrastructure and resources with their crimes and unruly behavior (to put it extremely mildly). They wish for the greatest free-market system to be banned, and they want communism and failed socialist systems to rule the American system. They are crazy, many of whom have never held a legitimate job…… but you can read on the coverage of the Occupy movement in my other posts…

 

Three fundamental questions are asked in this video: Is being pro-business and pro-capitalism the same? Does capitalism generate an unfair distribution of income? Was capitalism responsible for the most recent financial crisis? Dr. Jeffrey Miron at Harvard answers these questions by exposing three common myths of capitalism.

Occupy Movement and Job Application Refusals

At an Occupy DC event, employees from AIM set up a job application booth. Only 3 dozen occupiers engaged the booth that day, with only two job applications granted… see how the occupiers are thinking when offered a job opportunity.

GET A JOB!! There are scientists and college graduates that are unemployed, and would immediately pick up any form of busy work. If you need to pay the rent, Get a Job to pay for it! If you have kids, don’t waste your time standing outside doing nothing for them! Get them what they need, using money from a JOB! You want change? Get a job, earn some money, and learn about responsibility. That might be a change for you!

For the main article describing the jobs event, click here.

 

Evil Capitalism Used by Occupy Wall Street Rioters!

 

Everything we see in society has been touched by capitalism… it is the very system that allows for America, the greatest consumer nation in the world, to maintain a great domestic economy (not under Obama). This image perfectly displays how ignorant these people are – the hypocrites! They are not even thinking about it!

 

White House Forces Ford Commercial Off-Air

The White House pressured Ford to take this advertisement off the air because it was not politically correct, and does not help Obama’s re-election… maybe because it mention’s America’s greatness, industry, and success.

Don’t let Obama continue to bully America! LIKE, Comment and Share the conservative message: the American people should be able to speak out against their president, and his policies!

Check out the ad Ford pulled at the link below.

Top 3 Myths of Capitalism

Is being pro-business and pro-capitalism the same? Does capitalism generate an unfair distribution of income? Was capitalism responsible for the most recent financial crisis? Dr. Jeffrey Miron at Harvard answers these questions by exposing three common myths of capitalism.

Dr. Miron has done a great job, especially at describing the main factor of competition that defines capitalism. Many people’s misconceptions about capitalism are ties up in the financial systems that have become heavily intertwined with the government, when in fact they should look at everyday grocery chains, wholesale stores, and companies that vie for consumer business through lower pricing. If you wish to ask any questions, simply comment.

The History of Slavery, Economically Driven

Yesterday, the Wisconsin flash mob attacked innocent white civilians. In researching the event I have come across many different slurs and rants that are entirely false and based entirely upon prejudice. However, many claims are true in that the nature of a people has been badly influenced based upon a corrupt past.

~~ 1619 was the first year that a slave ship approached the colonies, selling some 20 slaves to Jamestown. However, it would not be until the end of the century that slavery took off.

At the beginning of colonization the head-right system allowed for the peoples of Europe to come to America, and work a seven-year contract in exchange for land in the New World. Many complied to this system due to famine, religious freedom and political unrest in their homeland. The populations grew, and the land surrounding the Atlantic coast became cluttered. As more people were released from the head-right system, they had to move west into Indian territories where they were attacked. This situation was finally realized in 1676 Jamestown following Bacon’s Rebellion, in which one thousand Virginia planters followed Nathaniel Bacon in revolt against the colony’s governor William Berkeley. Following this revolt, the head-right system slowly dissolved as more slaves were available and the frontiersmen were seen as being rebellious and rude.

In this same time period, Caribbean sugar plantations grew exponentially in wealth. The great demand from Europe for products, along with the need for greater production, led to the use of the Triangle trade for the importation of African slaves to work… By 1700 the black population increased by 250,000… and they outnumbered white settlers 4:1. Only the rich could afford such imported labor, with Sugar being an expensive commodity and only the better-off tobacco, indigo or rice planters able to afford a couple slaves.

The exportation of tobacco was steadily increasing, and cotton became a gold mine with the invention of Eli Whitney’s cotton gin. Slaves became cheaper with their continued population growth and importation, and rising conditions in Europe coupled with unruly white servants had led to the demise of the head-right system. The working slave population would remain under the Southerners’ control, up until the Civil War.

The South’s slaves were mainly owned by rich plantation owners, with the poor whites owning one or two. Hinton R. Helper, a non-aristocratic Southerner who despised slavery, attacked the plantation system with his book The Impending Crisis of the South. Helper used statistics to prove that poor Southerners would remain in their stagnant position so long as they remained slaveholders in the face of the plantation owners.

Let’s fast forward to the Civil War… Britain was already working to free slaves in their own country. They flirted with allying with the Confederacy to be neutral, but they had already colonized India for their cotton supplies. In America, the North was not winning the war until it’s turning point – the Battle of Antietam on September 17, 1862. At this point the Emancipation Proclamation was written and finally released on January 1, 1863.

However, it did not free the slaves. As a document of the North, it could not comply with the seceded Confederacy due to their technically being separate entities. In any case, it only applied itself to the Southern states in revolt – excluding border states which had stayed with the Union and specific states which were already under Union control. It was only until the passage of the 13th Amendment of 1865 that slaves were officially free.

Following the Civil War, entitlement programs and welfare was introduced to Southern states with Reconstruction. The Reconstruction was directly consequential to the Civil War due to the slaves’ needs to have education, work skills and self-dependence. Many former slaves were, however, ensnared in a sharecropper’s debt as they remained on their former owners’ lands. Government programs similar to Reconstruction would continue, even all the way to the present. It would be a few decades until the emergence of a reluctant black integration of Southern society…the great black migration to the Northern industrial centers would begin in the 1940’s – 1960’s, as families moved from there into the suburbs. It is from this movement into the cities that inspired artist movements, equality rallies… and the brotherhoods and settings that would also lead to organized crime, reverse racism and continued lack of motivation.

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This is the basic history up until the Antebellum period. Slavery had been driven by pure economics, and became a morality issue primarily due to the South’s expanding into the Republic of Texas, Missouri, Bleeding Kansas and across the land. If you have any specific questions about further history, please comment and I will answer – I am specifically biased from this point further in African-American history, as it no longer pertains to economic ties and relates closer to personal experiences among different people.

Industry Leaders have Left America

I went up to Salt Lake City’s Outdoor Retailer last week, and met with many major brands. As we discussed pricing and product quality with companies like Eureka, Katadyn Water Filtration, Coleman, Primus…. The list goes on and on. ALL OF THEM are manufacturing out of China, with only distributing centers and warehouses in the United States. None of them forge the metals, weave the textiles, create chemical innovations that would otherwise create jobs in America.


Taxation in the United States, and higher costs for worker pay have led to industries moving out of the country. We no longer produce raw materials, and our government is in the process of shutting down domestic success. Oil production has been restricted tremendously since the Gulf oil spill, and oil container ships have left the waters offshore for foreign entities. Our natural gas industry is being quieted by environmentalists and politicians, who instead push for greener energy through GE EcoMagination and car innovation (which is also pressured through government policy and regulation). Steel industry has gone down, with little creation and more recycling.

Less industries based in our country mean fewer scientists who will work with such companies to produce innovation. Scientists will move out of our own country into others with real-world applications and needs. Knowledge, jobs, and economic growth are hindered by all of the preceding information.

When we get Obama out of office and a Democrat-led Congress from leading us, we will hopefully find the sense to vote for economically knowledgeable people who will entice job creators back to the United States.

100th Day of BP Oil Crisis

Today, 100 days ago, the cap to an oil well suddenly broke in the Gulf of Mexico. This oil pipe spilled the equivalent of an Exxon Valdez oil spill every FIVE DAYS. Everyone is pointing fingers all over the place, without facts. Let’s find them……

Washing up on the southern coasts of the United States, the oil caused great damage to rural and major economies. Many of these areas depend on fishing and the water, many as a way of life. Not only can oil-laden waters not be traversed, but no fishing can be done. Fisherman do not have jobs, and so money is not flowing as it normally does. Even after this oil is cleaned up, people will make a fuss over the toxins that the fish might have. Thus these economies are going to stay down for a while.

BP – British Petroleum, the company whose pipeline burst. They pump thousands of gallons out of the wells they own, make much money which they re-circulate into the economy, and hire thousands of people who will receive this money. Currently, BP is taking the responsibility for the spill and is heading clean-up efforts along the coast. I see commercials for it all of the time, I have seen clips of BP cleanups all over. This is while they are handling thousands of claims and lawsuits for the oil spill and the damage it has inflicted. They will be paying off these people, and re-shape their company after they are done with this.

The government seems to be telling everyone that ‘they are doing everything they can do’ and that they are taking control of this problem. The only evidence I have seen involving the oil spill is a photo-shoot with Obama on his knee next to a ball of tar on the beach. Other than this, I hear stories of how the government is forcing BP to pay all varieties of taxes, fines, dues… you name it, to get all the money they can get from BP. Plus, they are going to tax Americans for BP’s cleanup efforts even though it is a private company, and we are probably going to see a bailout of this company. I do not see the government as facilitating cleanup efforts.

Of course, I believe in private enterprise, fewer taxes and less government involvement… will others agree with me?

Taxes

As I said before, government needs to stay limited and allow private industry to produce capital. However, taxes on these profits and on all other ranges of things exist. This money goes to the government, which is responsible for sending it to the specific sectors requiring funds. There are currently over 300 million people in the United States; if 10% of the population were to not pay their taxes, and taxes were only $1 annually, the government would recieve $270 million, 1/4 of one billion. We currently have $13 TRILLION debt – I doubt that we would be able to tax our way out of this. If we get a new, more responsible government to move funds to economically stimulating industries that can increase profits.

Taxes themselves should be limited; there needs to be a fixed, reasonable rate at which we can be taxed. The rich do not need to be taxed more, because the extra money they make always goes back into either their business or into other places like food, employees, or other supplies. The poor should not be taxed less, due to their lacking money. We need to influence them to do better, yet let them take the initiative to get to a higher position. The government needs to use common sense (a rarity in Washington these days…) and allow people to make a profit so they can tax them as they rightly should.