House of Paine

BILL GREIDER TO THE RESCUE

  READ THIS

"An authentic debate might start
 by asking heretical questions: 

Why does the United States 
 suffer from perennial trade deficits? 

Why do new trade agreements,
 always leave the United States
 in  a deeper deficit hole, 
and 
 with another wave 
  of jobs moving overseas? 

How do the authorities explain
 the 30-year stagnation 
of working-class wages ? "

 

 want  greiders answers.....?


=============================


well he has none
 worth more then 
         a pile of  moose shit 


 

he's a well meaning 
         stoop nagle 

 but he's able to write 
in code and out of code

 that its all about  

 exportation 
  of  surplus wall street capital 


but even 
though 
he does  sorta knowwhats up 

that 
the global trade system
        is  rigged  amerika's way 

however he acts aesopian 
to keep getting paid one guesses 

stuff like 

"Washington defines ...."
amerika's 
 "...interest 
primarily in terms 
     of advancing 
the global reach 
of our multinational enterprises..."

" The distinctive power 
of America's globalized companies
 is reflected in  our trade patterns"


    ------- correction bill:
                our investment patterns ------------
 
".... Nearly half of American 
     exports and imports
 are not traded in open markets 
 but within the companies themselves
 moving materials and components
 back and forth among 
their far-flung factories..."

   and then he can add
           this nice bit...

 "trade deficits don't show 
on  company balance sheets
 only on nation's" 
            -----ie amerika's 

     --------
  "but  seriously folks"
  bill  don't get the full  game here
          he sez 
    if washington
 don't stop being buyer
      of last resort
 we'll all
   face an eventual global crisis
and one guesses that will be followed by 
             a protracted 
          deep  earthwide depression   

   well since he knows
 uncle's played big loser for years

and since he must know 
  some " first world nations"
     run  
  persistent  trade  surpluses
then don't it follow 
others 
  must run  equal and off setting deficits

 
so what 
 does he want
 a system of revolving losers 

passing  the deficits around ?


 made out of which states ?

surely he knows
it can't be 
build off
a list 
of  low credit third raters 

so if its got to be
       first raters taking turns....
who ?

remember there's no 

"okay nips its your turn to run a deficit" 
they can make their surplus stick


 so who ?

what crowd of  first rate 
smaller nations 
is big enough
to pass  a 300 billion dollar
 trade  deficit
     back and forth with uncle 

france britain italy spain ?
they're now 
all tied into 
the euro zone 

then the euro zoners 

what?

how you gonna 
    get that past 
 mister 
grumpy  
"got a run a trade surplus"
                 hardon  germany ? 

so the works cut out for ya bill ------------------

 but shit ehhh..

 
  as bill himself
     writes
 this washington rig
       works ....

"real  well
 for our multi national
 companies and investors..."

 but he adds perplexedly

"this can't last"

can't it ?

why 

one guesses 
he figures
  uncle has 
a  fore seeable external credit limit 

so 
beyond the glum fact
the set up  
already
 don't work
"  
 so well ...."

    for  us  purely  domestic types 

soon when it hits the fan
  the global system
 won't work well
  for any one 
            any one any where 
                           at all  
 
to which i give my standard 
    back stop counter

"who told u 
     leading wall street  plutocrats
         hated the depth
and  darkness of the   30's ?"

----------------------------
oh bill
shows his heart's 
with the correct klass

 in fact
  he splits his pants
  boo hooing 
     over 
  the trend
 in  lower half 
    yankee doodle wages 

 after saying
  that trend 
  is an obvious
   big
  down side
         part of the  present wall street  set up

as in

 exports  of  capital =  exports  of jobs 

fair enough

 only 

   okay now what ? 
 
so 
he tosses a few boston cream pies 
at us
 
like 

   "  unfettered unionization....
    tit for tat 
         trade barriers
  that oughta 
      boost wages..."

     ya
       and  wouldn't that be grand  

               
 then coming to his senses 

he ends thusly :

"to describe
the consequences
  of
    technically feasible remedies
    like these  
is to explain 
      why none are likely "

------and even nicer he adds why  ...---------

" The webs 
of mutual interests
 connecting washington 
       and Wall Street 
are too deeply woven"

------------------

" okay then eve 
if greider admits 
    he's  dreaming 
               of fairy dust 

      what is

      a plausible remedy ?"



well 

    they're all local 
                  non global 

  and very old fashion.....
 
      national liberations
                        and
                       SOCIAL   REVOLUTIONS 


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