I don't see an economic answer Nom.  There are things we could do but
I think that would entail writing a new morality into our societies
concerning 'dirty hands' excuses.  Walmart hasn't done well in
Germany.

On Feb 4, 4:54 pm, nominal9 <nomin...@yahoo.com> wrote:
> The problem has been allowing global arbitrage on wages and
> job conditions. / Archytas
>
> That (your identification of the problem) makes a lot of sense to me, even
> from my very limited knowledge standpoint.... Trading partners and trading
> treaties.... Here in the U.S. there have been  decades of "Free Trade"
> agreements that have laid waste to large sectors of the U.S. manufacturing
> and even agricultural bases of the economy. I thought for a long while that
> the E.U. served as a better buffer against this, and perhaps it was
> (requiring similar labor laws for E.U. member nations and the like).... but
> the E.U. seems to be suffering something of the same fate as the U.S.
> concerning foreign trade contracts... with non-E.U. countries that produce
> "things" for less.... Tariffs against foreign goods seem to be discouraged
> nowadays.What do you think about the notion of some sort of "corporate
> citizenship".....whereby any and all business entities that operate
> economically in a nation (or group of nations like the E.U. ) should be
> required to produce the main part of the products the businesses sell in
> that county (or countries).... in-house.... Simplistic (?), but that was
> (used to be ) the general notion, I think. The same should extend to
> "intellectual property".... patents and the like... I would think... In the
> U.S.we have a "department store chain" called Walmart that specializes in
> inexpensive products from foreign countries.... I just did a quick check
> and noticed that it went to Britain, too (ASDA?)....there's one of the
> "culprits".... It should have been "tariffed out" by the E.U.... while you
> had the chance...... In the U.S., we got suckered in and have been
> junkieing out on that crack (drug reference) for ages....
>
> http://corporate.walmart.com/our-story/our-stores/united-kingdom-stores
>
> I found these web sites...... haven't looked into it much..... (numbers...
> frightening....HAR)
> But then.... even bringing up the notion of re-establishing
> Tariffs.....could get someone shot, these days......go figure....
>
> http://www.intracen.org/World-tariff-profiles/http://www.wto.org/english/res_e/booksp_e/tariff_profiles09_e.pdf
>
> Your much appreciated in-depth article on the economic picture is something
> I want to think more about before I attempt any opinions......or
> comments......The whole area of banking and investment leveraging and
> "bubbles" is the real culprit... I agree....and it appears that there is
> NOT much stomach to tackle it.... anywhere....
>
>
>
>
>
>
>
> On Sunday, February 3, 2013 12:58:24 PM UTC-5, archytas wrote:
>
> > We really only have two main parties Nom - Labour and Conservative.
> > The Greens, UKIP and BNP are largely irrelevant because we don't have
> > PR and the Liberal Democrats don't usually play much of a role but
> > poll about 8 - 15 %.  They are currently part of a coalition with the
> > Tories.   I guess most of us feel all this has proved is that people
> > who seemed decent when not really in the contest are total shits once
> > in government.
> > I agree your economic summary.  On those of us not rich, I'd point to
> > the fact that the bottom 50% had 14% of liquid assets around 1980 and
> > that's down to 1% - if we don't scrap the financial system this won't
> > improve.  The problem has been allowing global arbitrage on wages and
> > job conditions.
>
> > On Feb 2, 5:44 pm, nominal9 <nomin...@yahoo.com> wrote:
> > > filibuster for the Senate... house has Republican majority....just to
> > set
> > > the record straight.... writing lapse...
>
> > > On Friday, February 1, 2013 1:05:36 PM UTC-5, nominal9 wrote:
>
> > > > Parliamentary govt.  has its pros and cons.....What I like is your
> > > > multitude of political parties, as compared to the U.S...... here
> > there are
> > > > two with maybe a handful of registered "independents" at the U.S.
> > federal
> > > > level... one thing about a multitude of parties is that it tends to
> > isolate
> > > > the radical fringes... and cooperation at the middle seems facilitated
> > > > (what do you think?).... here, the right-wing Republicans (by
> > filibuster)
> > > > have been stymieing legislation in the U.S. House for the whole period
> > of
> > > > the Obama administration.....
> > > > Palin is pretty much on the outs... she even lost her TV contract with
> > Fox
> > > > News media... I do not wish her ill, but I think her political days
> > are
> > > > over.
> > > > You know... speaking of Fox (Rupert Murdoch owned, I think you know),
> > > > there's one economics news personality  named "Stuart Varney"...
> > British
> > > > fellow... did he do much in England?... he's quite the "tool" over
> > here....
> > > > makes me chuckle with the propaganda and inanities he puts out.... but
> > his
> > > > English accent and delivery re quite "convincing"... there are quite a
> > few
> > > > British TV personalities, especially on cable TV channels.... the
> > > > accent.... it's worth (must be) 50% toward getting hired on, here ,
> > I'd say
> > > > HAR.
> > > > Economy is on everyone's mind... as it should be.... Unemployment rate
> > > > this month ticked up one decimal point  to 7.9%. But today the Stock
> > Market
> > > > index (Dow) is hovering around 14000, hasn't been there since 2007.
> > So,
> > > > here at least.... the fat cats are getting fatter (they were fed
> >  plenty by
> > > > the Govt bailouts) but the rest of the peons are
> > struggling.....Capitalist
> > > > economic growth model theories would seem to suggest that those
> > without are
> > > > pretty much out of the recovery, for a generation at least.... What
> > does
> > > > your expertise suggest, Archytas?
> > > > Britain, I hear, has not seen any appreciable recovery in the
> > > > "markets".... am I correct in this?
>
> > > >http://thinkprogress.org/economy/2013/01/25/1494541/austerity-pushes-...
>
> > > >http://www.reuters.com/article/2013/01/31/us-funds-poll-britain-idUSB...
>
> > > > Austerity... is that the cause?..... or is it something systemic or
> > > > institutional with the banks and banksters (as you call them).... are
> > they
> > > > still hemorrhaging money?.... or hoarding it?.... which could cause
> > the
> > > > same effect?
> > > > I'm the novice.... how do you see it?
>
> > > > On Friday, February 1, 2013 8:23:59 AM UTC-5, archytas wrote:
>
> > > >> We have an outfit called UKIP (UK Independence Party) under-cutting
> > > >> the Tory vote - they have a couple of EU MPs - odd with a policy of
> > > >> exit from EU but down to proportional representation for that body.
> > > >> They don't get enough votes to get anyone in Westminster - but
> > > >> probably take 15% natural Tory support.  We have our own Nazis - the
> > > >> BNP - sometimes taking 9%.  Hence the Tory referendum ploy.  Mass
> > > >> politics here is a dumb as in the US - though we haven't thrown up
> > > >> anything as bad as that basketball player shagger from your frozen
> > > >> North yet.  Our closest is Nick Griffin (BNP leader) - he'd be a real
> > > >> problem if as pretty as Palin - but looks like a squit-eyed pig after
> > > >> failed botox applications.
>
> > > >> We should be in the EU - tough much of it is farcical.  The
> > Parliament
> > > >> sits in Brussels and Strasbourg (for a month) and various Mafia steal
> > > >> funding - the whole shebang ain't democratic - and we need a modern,
> > > >> electronic Parliament and a federal structure.
>
> > > >> On Jan 29, 6:59 pm, nominal9 <nomin...@yahoo.com> wrote:
> > > >> > I'm not up on European (and British) politics....at your level. It
> > > >> appears
> > > >> > to me that "big" ventures require "big" wallets, both at the
> > private or
> > > >> the
> > > >> > public levels. Smaller or less developed countries and economies
> > just
> > > >> > cannot do the "big-ticket" items... the big factories or the big
> > > >> research
> > > >> > ventures....I cannot see an "isolationist" Britain "going it alone"
> > in
> > > >> this
> > > >> > day and age. In this sense, the Tories' vision is anachronistic, to
> > say
> > > >> the
> > > >> > least, (it appears to me) it cannot "work"...
>
> > > >> > The key issue is immigration in this fantasy and
> > > >> > stopping the Eastern and Southern Europeans 'taking our houses and
> > > >> > jobs'.  / Archytas
>
> > > >> > Ah yes.....Racism and bigotry is "always" the Right-wingers'
> > preferred
> > > >> > "ally".....
>
> > > >> > On Monday, January 28, 2013 8:09:56 AM UTC-5, archytas wrote:
>
> > > >> > > Sadly some think the EU is important.  The ruse has given the
> > Tories
> > > >> a
> > > >> > > lead in the polls as most Brits think of the EU as a bureaucratic
> > > >> > > monster.  I'd have thrown in with the US as the next five states
> > long
> > > >> > > ago - but we are in decline and have little clue why.  US/EU
> > > >> > > membership isn't really important - we should have moved more
> > global
> > > >> > > in politics and less so in production and cheap energy grabbing
> > long
> > > >> > > ago.  The structural problems in our economies can't be addressed
> > > >> > > sensibly at the moment because of the money focus.  With no focus
> > on
> > > >> > > reality we look to the pool of ignorance to maintain government -
> > the
> > > >> > > EU is irrelevant to anything other than maintaining the Tories on
> > the
> > > >> > > basis of an isolationist UK - presumably as the offshore hub on
> > money
> > > >> > > dodging EU taxation.  The key issue is immigration in this
> > fantasy
> > > >> and
> > > >> > > stopping the Eastern and Southern Europeans 'taking our houses
> > and
> > > >> > > jobs'.
>
> > > >> > > On Jan 25, 3:59 pm, nominal9 <nomin...@yahoo.com> wrote:
> > > >> > > >http://www.bbc.co.uk/news/uk-politics-21158318
>
> > > >> > > > Sounds to me that it "might" be time  for Britain to show some
> > > >> > > "Righteous
> > > >> > > > Indignation" and "break" Cameron and the Tories'
> > government.....
> > > >> HAR...
> > > >> > > > Instead?

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