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By       Message Kent Welton     Permalink
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Reparations For Free Trade Harm And Economic Ruin

"Reparations: the making of amends for wrong or injury done: reparation for an injustice" restoration to good condition."

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When your own government screws you, and forces you to compete with neo-slaves in undemocratic countries with little or no regulation or environmental standards, leading to multiple personal, social, economic and environmental injuries, then I suggest the perpetrators of these dismal schemes owe you. The damages are clearly in evidence today and measurable in jobs lost, wages and benefits reduced or eliminated, homes foreclosed, time bomb ARM mortgages exploding, divorces and suicides, etc. In other words a real unnatural disaster!

Somehow, however, the reparations-repair-the-economy money got paid to the wrong parties -- i.e., the very banks that collapsed our economy, speculated with our savings, stole from the treasury and harmed the people in multiple ways and means.

Well, we want that money back, and jail terms thrown in the deal, not peanuts and phony retraining programs for jobs that will be outsourced before we finish the course.

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So instead of giving trillions to bankers who speculated and rode the easy-street interest-rate spread with free money, we should give these sums back to those hurt by forced trade, housing mortgage fraud, and wall street thievery. In effect, with "your" government drunk on corporate coin, these ruling elite bandits took risks with your jobs, your economy, your stock market, your retirement funds, your community, your environment, and your planet - and all without permission from the people or the elected representatives of "our" government.

Basically, they took money from your purse, blew it on speculation and immense salaries, gave your jobs away, and then had the temerity to ask for help! And that help had to come in the form of more debt-money borrowing from their own mobsters for which the people's interest tab was greatly increased. In short, first you were raped, and then you got screwed!

Well, the reparations for all the above harm to the injured class of many millions of people can take the form of negative income tax payments -- a neat little trick first proposed by Richard Nixon and Milton Friedman of all people. The cost can be paid up and made up with interest-free treasury money, thus taking away the banking mafia's main screw serving to preserve their in-perpetuity debt bondage scheme. They can also take the form of employment checks for jobs that need to be done -- imagine that!

After all, we have a consumer economy and these bandits destroyed the consumer with their crooked and criminal "free market" schemes designed to do just that. So reparations are then fair and just" moral and economic. Look upon them as reparations for neo-slavery perpetrated and perpetuated by a ruthless fascist corporate regime -- the same one that owns your banking and media and money-is-speech government.

What we need is a great big kick to the velocity of money, but first we have to distribute some to consumers who are the economy, otherwise no velocity! They want economic growth" so here is our chance to give them some.

With a little debt forgiveness thrown in, and housing loans taken away from Wall Street and nationalized to achieve stability and affordability, we just might recover without our currency declining to zero -- which, right now, is the plan of the multinational corporations to get more business and not bring the profits home" an antiquated concept in their amoral and ruthless global economy over which the people have no control because they don't have an elected seat at the GATT/NAFTA/WTO/IMF tables or attend the Bilderburg meetings to find out which way the money is blowing.

Without economic reparations then the continuance of their First-World depression-generating and debt-money schemes means they will next come for all your public assets -- all those great parks, highways, resources and utilities which we, and our fathers and grandfathers, already paid for and intended for future generations to enjoy and profit from. Yeah, these same priceless assets they will take from you and then charge you big time to use. Can you say bastards?

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We can call them reparations here or we can also call it an oligarchy tax, a wealthy disparity tax, a-labor-has-been-screwed-long-enough tax, a factor imbalance tax due to the fact capital has complete control of "our" economy and labor has no equal power to compete. Call it reparations for a Supreme Court that made you a neo-slave and made corporations persons with much bigger rights than you enjoy. Call it simply payment for the fact that six too-big-to-challenge corporations own your media -- you know the ones using our airwaves that we supposedly own but somehow have lost control over, so that our voices are drowned out and disappeared with fascist you-must-compete, there's nothing-you-can-do, you-will-be-flattened, propaganda.

In sum, we now have economic crimes on the scale of war crimes -- for which hanging is justified, and reparations are due.

Kent Welton,


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