On the occasion of his State of the Union speech, Obama used his description of the internet to write the “flat earth” doctrine into stone. He said “In this new era, a company can set up anywhere in the world that there is an internet connection”. In 1773 it was the view of the British East India Company that they could do business anywhere in the world that they could reach by sailing ship. The principle is exactly the same. It’s not technology, it is unregulated predatory capitalism.
They drive down wages below the cost of keeping slaves, keep all profits for the corporation, everybody else can starve. They overwhelm resistance with concentrated capital provided by taxation on the people without representation and no taxes on corporations. Failing that, there was the military option, the military industrial complex isn’t new.
This all changed with the Alexander Hamilton policies on manufacturing and trade adopted by Congress in 1793. They turned a primitive frontier into an industrial giant and it ended in 1980 with the election of Reagan.
To be fair to Obama, if he had mentioned any of these principles in his speech he would have been impeached and convicted by acclamation before he could leave the House chamber.
Obama said “We must make the hard choices to rein in deficits”. You would need to eliminate the all civilian and military activities of the Federal government to balance the budget. Social Security, Medicare, Medicaid, interest on the debt and other mandatory spending consume the entire revenue of the Federal Government at current tax levels. Tax levels that favor the rich and an economy completely destroyed over the past thirty years.
Obama just participated in a grand performance of Kabuki theater with a supporting cast of 535. Hollywood announced the Oscars this morning as if they are at the top of their trade. They are just rank amateurs. www.prairie2.com