Back in 2005, I wrote an extensive series of articles on Wal-Mart and how one corporate giant was outsourcing anything and everything that American industry wouldn't provide to them for resale at the prices they demanded. I opined that their actions were in essence "a national security risk" as we outsourced our light and heavy industry to other countries - especially to countries that were not necessarily "friends" of the United States. In fact, I wrote about the dangers of outsourcing before "WakeUpWalMart.com" even came into existence. I insisted that "the best price wasn't always the best deal," especially as to how it would eventually impact our own economy - and even more importantly, the impact on our national security. The article was titled "Wal-Mart - And the Destruction of our Economy."-
The above article wasn't the first I had written on the subject, however. The title alone demonstrates that as far back as 2005, I was attempting to warn people that our economy was on a path of destruction. Since then, I have watched in horror as our economy has constantly been undermined by corporate greed and the very basis for America's Middle-class' existence has been outsourced to other nations in the name of "Free-Trade," which is a misnomer; so-called "free trade" has been one of the underlying factors that is/has destroyed America's Middle-class.
I am not an economist; in fact, I'm only an average American that because of a disability - had a lot of time on my hands to conduct hundreds of hours of research on issues that I was attempting to understand. That said, it's more than obvious that professional economists had to know what was happening, and even though I was often branded a "protectionist" and often ridiculed for my opinions, even to the point that I was called a "Conspiracy Theorist." The point is this: if a lay person could see this coming, and no one attempted to intervene in positions of power, then, IMO, it was a "conspiracy" to undermine the economy of the United States.
"Protectionism," as those who label anything that attempts to keep our economy robust and sound, is quite the opposite. Opting to outsource our light and heavy manufacturing, from the very beginning was destined to destroy our economy and turn us into a "service-based" economy," which we now know has destroyed the "American Dream" for millions of our citizens and has effectively destroyed our Middle-class. As people apply the term protectionism as it pertains to outsourcing and the destruction of our Middle-class was and has been a "conspiracy" to transfer the wealth of the nation to the elites and "corpracy" that now appear to rule our nation; the impact of this globalization is now threatening the very existence of our entire social structure and the outsourcing still continues unabated.
Protectionism is a mater of self-survival if we ever intend to regain any semblance of the "American Dream." It's vital that Americans understand that in order to pull ourselves out of a collapsing economy, it is imperative that we bring back our light and heavy manufacturing, make "buying American" a matter of patriotism, and throw off the belief that protecting well-paid American jobs is not protectionism, but a matter of survival to each and every U.S. citizen whom are now losing their jobs by the millions each year.
Further, in my opinion, "The U.S. Chamber of Commerce" is not in any way interested in protecting the American people, but is in fact an extremely powerful lobby that represents the "Corpracy"--not the American people!
"Buy American" and Stimulus
As reported, the U.S. Chamber opposes the inclusion of "Buy American" provisions in the stimulus bill. The reason is simple: Since 95% of the world's consumers live outside the United States, American workers would be the first to suffer as "Buy American" provisions trigger retaliation by other countries (that is, "Buy German," "Buy Chinese," and so on).
We certainly aren't against companies and governments "Buying American," but we are against the government arbitrarily mandating such a requirement, because it would harm our economy in numerous ways. We've seen this movie before. In 1930, when Congress approved the Smoot-Hawley tariffs, other countries responded by closing their markets. The upshot was a collapse in U.S. trade that turned a sharp recession into the Great Depression. The Chamber is absolutely committed to avoiding a replay of that disaster. LINK
What you have read above is pure bulls#it! I'm posting one comment to the above that sums-up my thoughts and those of so many other people whose eyes are finally opening: