<img In 1932 at the deepest point of the Great Depression, American Nationalist thinker Lawrence Dennis, in his book IS CAPITALISM DOOMED?, made this basic point: He att acked the policy of allowing investment bankers to determine the use & allocation of Capital.
His warnings were not heeded. In this second Depression, we can see the fruits of what he warned us about. The bulk of our industrial plant has been shipped to Asia. That's reason for high & protracted unemployment. When the economy is stimulated, the effect is found overseas, not here at home. This also entails the loss of our tax base. Little wonder that government at all levels, federal, state & local, is having trouble baying its bills.
Yet nobody is talking about this. Certainly not Obama. But, also, none of the Republicans are addressing this, not even Ron Paul.
Yet this self-destructive policy continues the destruction of the public welfare of the country. No Communist invasion could ever have done this much damage. Just think of the term 'Rust Belt.' That's the 'Arsenal of Democracy being put to waste through abandonment.
We must start by nationalizing the Fed and the banks. Anything short of this will be like pissing in the wind. You get your face wet but not much else.
If it takes revolution, so be be it.
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