The Great American Wall

So woohoo, the great wall will finally be built! President Trump ordered the Department of Homeland Security by decree – executive order – to start building. Cost estimates range between 15 and $30 billion. Have you ever seen a government project being built on time and on budget? Neither have I! And where is this money going to come from? Paul Ryan says that Congress might actually OK the money and advance it on behalf of the American taxpayer to be reimbursed later by Mexico in a “rather complicated” deal according to President Trump. And where do you figure this money will come from? 15 – $30 billion. We would have to go borrow that kind of money! It would add to the national debt that everybody is so worried about! And who do you suppose would be able to lend us that kind of money? Oh yes of course, the Chinese! They have been lending us money for decades. They would be delighted to let us have even more money and be even more indebted to them than we already are. The Chinese would have us even more by the balls and over a barrel, take your pick, then they already do.

Oh, and one more thing before we actually go and build this wall: 40% of all illegal immigrants simply fly here with a tourist visa and then overstay their visit. Kinda like I did in 1985 for a few months until I got a greencard and later on got naturalized. So let’s just say there are actually 11 million illegal immigrants in this country right now. 4,400,000 of those flew here! No wall, no matter how high, would have kept them out.

Imagine what we could be doing with those $15-$30 billion in this country for our people! Schools, infrastructure, free colleges and universities, I guess I could go on but I hope you’ll get the drift.

TEOFWAWKIT: The End of the World as We Know It

by Dr. Stuart Jeanne Bramhall 

This is the first of two articles exploring the likelihood that capitalism is on the verge of collapse and what a post-capitalistic world might look like.

Global Capitalism: a House of Cards

As the global recession and debt crisis worsens, even mainstream analysts are starting to speculate that global capitalism is on the verge of collapse. At the moment, most attention is focused on European “debt contagion.” European Union economists are terrified that the Greek government will default on their debt.

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Speculating with our Food

by Dr. Stuart Jeanne Bramhall

In 2011, “food derivative” speculation has replaced financial derivatives as the hot new investment promoted by major investment banks like Goldman Sachs and JP Morgan. According to new research from the World Development Movement, the same banks that caused the 2008 economic crash are also responsible for skyrocketing food prices (see WDM and The Ecologist).

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The Toll 12/19/10: Korean Situation Coming to a Head

by Dave McGill

The pot continues to simmer on the Korean peninsula. The south is planning an artillery bombardment of the same island that was recently attacked by the north and the north is vowing to retaliate if that happens. China is imploring the south to cease any provocation, while the U.S. is saying that the shelling of the disputed island represents no threat to the north.

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