The Pooring of America

I saw that term on a Seeking Alpha blog. It really caught my eye. I’ve been thinking about that for some time and was looking for an excuse to comment. I decided some time ago that Globalization is a euphemism for just that—the pooring of America. I remember several years ago seeing former Senator Jim Sasser on one of the financial programs—Lou Dobbs, I think—and he was explaining his take on globalization. (The following is what I got out of the interview.) He eluded to the egalitarian view of politics and the role of globalization in the “leveling of the playing field.” He explained how America’s economic strength and standard of living ranked among the highest in the world; and how many third-world nations rank near the bottom in financial strength. Globalization offered an opportunity to “level the playing field” so the majority of the world’s inhabitants could someday participate in the standard of living enjoyed by the more economically advanced minority of the world’s inhabitants. I believe that all of history has passed with the third-world countries making little improvement in their status, how was their situation going to dramatically change in a short period of time? I remember Sasser’s suggestion that maybe a quicker way to “level the playing field” would be for the standard of living in the richer countries to be lowered as the poorer countries improved and how it was imperative that China create 20 million new jobs each year even at the expense of American workers. (read the entire transcript at: http://transcripts.cnn.com/TRANSCRIPTS/0311/27/ldt.00.html)
And that, my friends, is what you see happening at present. High fuel prices, ravaged real estate markets, a tumbling stock market, deteriorating infra-structure are all ingredients in, you guessed it, the pooring of America. When you saw all of the manufacturing jobs leaving your community in the 90’s, that was part of the globalization effort. I read in a bureau of labor report recently that the average wage in the United States is around $17.60 an hour. Compare that with third world countries where inhabitants don’t make $17.60 in a week and you can see how hard it is to compete in the manufacturing/labor market.
Let’s face it, America was built on cheap goods. We’ve always managed through a productive, industrious workforce to provide continually higher standard of living for our citizens. We try to educate everyone—whether they want it or not—and we have an expectation that the next generation is going to be better off than the previous generation. It could be that globalization is going to bring all of that to a screeching halt.
If B.O. gets elected in November, and the leftist liberals seize power, I expect to hear the wheels lock up immediately. The refusal of Nancy Pelosi and Harry Reid to open the oil fields for drilling is beyond me. Why wouldn’t you want to get away from the strangle-hold of energy dependence on our nation’s enemies? Do you realize the billions of dollars that we send to our enemies in Iran, Venezuela, and numerous other oil producing countries, just to have them support terrorist organizations and return our money to us in the form of destructive force? The Islamist radicals have pointed out time and time again that they are engaged in a holy war with the United States. What part of jihad do Pelosi, Reid and Obama not understand?