House of Paine

uncle's international tower of debt and re industrialization

 it amazes me how 
reasonable
well informed folks
 can yammer on and on and on 
     about
the shrink of our industrial sector

hell it can  just as easily re expand

  and if at some point

thats whats best
 for these scum profiteers running the show
it'll happen 

of course it isn't  gonna happen any time soon ....


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




okay job lose 
leads to questions
of what replaces what

in fact
well paying unionized 
factory jobs  are going

and bad pay service jobs replacing em 

but two points

one the jobs per se as a bundle of tasks 
are hardly worse 

so 
two

its about the wage

and if you look back
the industrial wage was a function of unionization

sp as a prole guardian i say

shut up
and 
unionize the service sector 

as to the wage rate 
bottom half
secular becline

well  

 its part of 
our present historic
reversal of trend 
a   remarkable
bernstein defying
re miserization of the  north job klass  

but looked at 
properly 
 at the level of the whole 

hey we're part of a global system

and in the present stage 
the system 
is acting 
in ways 
that passeth all our  prior understanding 

granted 
calling it as the wally boys do
 simply 
" division of labor crossing borders"
all
 part of the  progressive development 
of  labor productivity 
can cover a multitude 
of opportunistic  exploitation sins 

many of which are not only 
not necessary
but even not consistent 
with highest "possible" 
welfare weighted  physical productivity 

no the invisible hand 
behind profit max driven  world markets
 for sure
  shapes a planet 
         full
of  avoidable waste and destruction 
 
but face the blunt facts

a very open role 
domestically
in such a fast  browning  planets 
 interconnected  marketplaces 
          awaits any would be  hegemon 

we have to set an example
for our underling 
southern neighbors 

 penetration max baby 
penetration max 

hif  uncle sam wants to live up to
his  new title
uncle hedge 

  and
 his new role
   
   providing safe conduct 
                      for 
   flows of capital across 
all these  international borders 
   particularly
the one's flowing from north to south.....
 the  aortic phase 
of  the north/ south 
capital/commodity global circulation 


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

so if as a product of open wide 

our industrial sector has shrunk 
while north capital built
south factories multiple  


and our trade balance 
in products 
goes to hell 

so badly in fact

people begin to wonder
 what we could ever 
build  and 
 send  back out there
worth what the bastards will want as compensation ...

after all a credit system 
may indeed  be able to postpone equalizers

indefinately

but one wonders just how long indefinietly can be 
since theres always  barter at the of the  heart of matter 
 postponed barter but none the less 
    ultimately a material thing  or service
 and only a material thing or service 
will suffice 
its  clearly not eye for an eye 
not even eye for an ear

but  give up an eye
and eventually 
u expect to get back
 something of intrinsic worth 

and cretainly  its 
a bad illusion 
to think 
on the day of reckoning

an eye can  still
be had for just one more   iou 

no eye for an iou 
and no 
no iou for an eye 
    
   -----------------

as to how we produce the reals
to pay off our national debts 
or at least keep em 
at a level type level     

well if its called for 
if our services and intellectual property
and marquee rents 
can't cover it all 
then 
our manufacturing sector 
may well 
  re expand 

but to see the real choice

imagine 

 we  marxoids 
sieze power here 
tomorrow 
and
declare the empire null and void

we could easily 
set up a system 
of mutually beneficial centrally  regulated
                         national   exchange rates 

no not a euro zone for the whole of us 

thats a horrible thought 

but the whys of why not a glbo 
are s too much to cover here and now 

let me just say

the optimal location
 of  earth wide production 
in all its stages 

based on a world plan 
would spell a rapid re expansion
 of our domestic industrial production
yes thats right

i'm sure  it would call 
for  a large reflux of production share 
            to our shores 
autarky no
but far less physical flow of goods 
then we see now
wiith wage arbitrage and other sub optimal arrangements 

so in a way

the big debt we're piling up
is a paper refection of
what  ain't gettin built here 
and yet
will one day 
   once again  be built here 

its sort of like 
our answer to 
        the cargo cults

uncles international tower of   debt  
     
leave the movement max programs
for  people its more fun amd more sensible