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OpEdNews Op Eds    H3'ed 5/26/12

Capitalism and Socialism

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It's about time that citizen's have a say in what is going on in this nation of ours. Socialism has a bad rap. Communism has blurred the line between what is and what isn't. Socialists don't want to live under a totalitarian state, nor do they want to live in communes. What Socialists don't want to live under is a nation that is run by the corporate state. We no longer want to kowtow to the rich that make the rules, offshore our industry, and be at the beck and call of private equity capital that take away our benefits and give us a wage that barley covers our most meager expenses. We are tired of seeing cities like St. Louis, Detroit, Newark and others turn into ghost towns with streets of boarded up houses and no industry. Here in the South we are tired of seeing out textile factories become shells and the towns near them turn into slums. There was a time that the South was the textile capitol of the world. No more.

Socialism is a bottom-up approach to economics. What we need is government support to create c0-operatives to revamp these industries, not a government that bails-out the banks so they can buy up banks in distress and sit on the capitol that they receive. The true unemployment of the United State, including people that have stopped looking for work has been estimated as high as 25%. This is the same degree of unemployment as during the great depression. When are we going to face this fact and do something about it?

FDR has massive infrastructure projects to get people working again. We are not demanding that. Small business loans that will help our textile and steel worker produce with small business loans will be a great start. Import firms could be a stop-gap until American industry gets moving again. Steel, Copper and other metals can be made in America, just as they are made overseas.

Offshore drilling is   a scam of immense proportions. Recently Greg Palast of the BBC informed The Real News Network that a deep-sea blow-out exactly like the Deepwater Horizon happened two years before the blowout in the Gulf. They tried to stop it with an infusion of nitrogen laced cement, exactly like the Deepwater Horizon, but it blew out, showing the technology was flawed. They told the U.S that it had never been tried before, but Palast proved it had been tried off the coast of Azerbaijan. Attorney General Holder was notified but refused to take action on the 11 people that died on the rig because of negligence. Is this the government you choose to pay your taxes too? One that ignores criminal misconduct?

Soon the price of petroleum will make it prohibitive to ship raw and manufactured goods overseas. When will our government decide to start making goods in America? The Tran-National corporations have less and less stake in America. Trickle-down economics don't work and haven't since the Reagan Era. It's a scam. These people that receive the money sit on it. If it trickles down, it trickles down to political campaigns.

Socialism can work. The rich will try anything to stop it. If it means social turmoil, so be it. We have the numbers, they have the money. Let their money hit the streets while we send our bodies.

 

 

 

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Tim Gatto is Ret. US Army and has been writing against the Duopoly for the last decade. He has two books on Amazon, Kimchee Days or Stoned Colds Warriors and Complicity to Contempt.

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