Tapsearch Com EditorTarnished and chopped up news
By Ray Tapajna Tapart News
There is only one major newspaper in our city. For many of their articles and reports they use the Associate Press and Bloomberg News services. Many times the article or report is published with no one listed as the writer or author and you have to accept what they write as fact.
Tarnished and chopped up news with questionable branded data
Recently, they did a story about the trade deficit which has broken
records for years. Once in awhile the rate of the deficit declines but
the difference still remains a massive deficit. There has never been a
time when the trade deficit was balanced since the NAFTA, GATT and CAFTA trade agreements were passed. The trade deficit has been massive since 1994. That is a long time to keep losing values. Some sources say
the losses add up to a new moderate price home for every family in the
U.S. The losses continue but very little is done about it.
When the trade deficit breaks a record, the talking heads get busy and
say the trade deficit does not really reflect that much of a loss and the
news services follow up with the same lingo. The economic gurus say the
trade deficit is just an economic measurement and actually it means
values are being increased in some other areas. This is not true. When you pay out more than what comes in, there is a loss. The U.S. has suffered losses that now add up into trillions of dollars.
However when the trade deficit gap shrinks a bit, we get a different
take. An article from Bloomberg News service with the reporter listed
this time, headline reads Exports help narrow U.S. trade deficit. The
gap was - narrowed - by 6.7 percent. They use the term narrow to tell their story. This branded term influences the interpretation of the real losses involved. The massive trade deficit of $43.7 billion dollars remains massive no matter what term is used and the article should have said just that. The trade deficit is a direct cause of our economic crisis. However instead of approaching the problem directly, President Obama bails out the investment community which caused the problem and puts the same people back in charge of a globalist free trade process that caused much of the losses. Home equity loans may have played a part in the fall of our economy but the funny money surrounding free trade was a massive lost by almost every sector of the economy. Former Fed Chairman Alan Greenspan said he thought equity loans were a good money product. He let the cat out of the bag when he said this. This is an admission of the Federal Reserve trying to create money transactions as actual products.
The Bloomberg News report tells us that exports increased 1.3 percent to
$175.6 billion dollars. Nothing is ever said or compared to how many
things are called exports now related to when most of production was in
the U.S. No one questions the use of the term export being used when
components are shipped to factories that once were in the USA. When
NAFTA was passed the number of factories moved to Mexico alone doubled
to more than 4,000 factories. Alot of components are sent to these
factories outside of the USA and they automatically get labeled as an
export.
The stories represent a new kind of journalism where readers are steered
where fiction becomes fact.
Our only major newspaper also is stressing the term global in many ways.
In the 1990s, we kept reading about restoring our economy by creating
high tech jobs. We also were led to believe that the sports industry would
bring back our city as taxpayers paid for new stadiums and arenas. Neither
worked. Now casinos are pushed as a way to grow our economy while the newpaper has many new stories related to globalization. They endorse the new efforts of bringing in foreign workers and foreign companies to get things
going. The reporting never asks what, why, where, when etc about the origin of so many losses of jobs and businesses.
They do not talk about how the Cleveland region was once the core of
high technology innovations but free trade came and as production was
sent out of our country, the years of investment of know how went with it
automatically. I still have print outs and compabibility manuals showing all the
companies and manufacturers were lost due to free trade.
In my own computer business, I have a list of about a 1000 customers and
top prospects that no longer exist. I have a print outs showing 1000s of
computer businesses in a tri-state region that went out of business due to free trade I also have compatibility manuals that show hundreds of computer
manufacturers that were closed down due to free trade. We do not read about any of this in our newspaper and they write as if these things never happened. They never say much about the NAFTA, GATT, CAFTA and other trade agreements that stole so many things from us.
And now it is 1937 all over again. President Roosevelt finally realized that his economic stimulus ideas were not working. He said he was not going to let the lack of dollars stand in his way as he launched the Lend Lease Act that exported products to the allies without the worry of when they would pay for all these items. This seeded a massive production of goods and services. It also opened the door to World War 2. This created the most powerful industrial might the world has ever known.
Now it is 1937 again as President Obama's bail outs of the investment communities. This will prove to be a failure as we wait for the next giant economic bubble to burst. However, this time there is no production left in the USA to ramp up to save the day.
There is only one major newspaper in our city. For many of their articles and reports they use the Associate Press and Bloomberg News services. Many times the article or report is published with no one listed as the writer or author and you have to accept what they write as fact.
Tarnished and chopped up news with questionable branded data
Recently, they did a story about the trade deficit which has broken
records for years. Once in awhile the rate of the deficit declines but
the difference still remains a massive deficit. There has never been a
time when the trade deficit was balanced since the NAFTA, GATT and CAFTA trade agreements were passed. The trade deficit has been massive since 1994. That is a long time to keep losing values. Some sources say
the losses add up to a new moderate price home for every family in the
U.S. The losses continue but very little is done about it.
When the trade deficit breaks a record, the talking heads get busy and
say the trade deficit does not really reflect that much of a loss and the
news services follow up with the same lingo. The economic gurus say the
trade deficit is just an economic measurement and actually it means
values are being increased in some other areas. This is not true. When you pay out more than what comes in, there is a loss. The U.S. has suffered losses that now add up into trillions of dollars.
However when the trade deficit gap shrinks a bit, we get a different
take. An article from Bloomberg News service with the reporter listed
this time, headline reads Exports help narrow U.S. trade deficit. The
gap was - narrowed - by 6.7 percent. They use the term narrow to tell their story. This branded term influences the interpretation of the real losses involved. The massive trade deficit of $43.7 billion dollars remains massive no matter what term is used and the article should have said just that. The trade deficit is a direct cause of our economic crisis. However instead of approaching the problem directly, President Obama bails out the investment community which caused the problem and puts the same people back in charge of a globalist free trade process that caused much of the losses. Home equity loans may have played a part in the fall of our economy but the funny money surrounding free trade was a massive lost by almost every sector of the economy. Former Fed Chairman Alan Greenspan said he thought equity loans were a good money product. He let the cat out of the bag when he said this. This is an admission of the Federal Reserve trying to create money transactions as actual products.
The Bloomberg News report tells us that exports increased 1.3 percent to
$175.6 billion dollars. Nothing is ever said or compared to how many
things are called exports now related to when most of production was in
the U.S. No one questions the use of the term export being used when
components are shipped to factories that once were in the USA. When
NAFTA was passed the number of factories moved to Mexico alone doubled
to more than 4,000 factories. Alot of components are sent to these
factories outside of the USA and they automatically get labeled as an
export.
The stories represent a new kind of journalism where readers are steered
where fiction becomes fact.
Our only major newspaper also is stressing the term global in many ways.
In the 1990s, we kept reading about restoring our economy by creating
high tech jobs. We also were led to believe that the sports industry would
bring back our city as taxpayers paid for new stadiums and arenas. Neither
worked. Now casinos are pushed as a way to grow our economy while the newpaper has many new stories related to globalization. They endorse the new efforts of bringing in foreign workers and foreign companies to get things
going. The reporting never asks what, why, where, when etc about the origin of so many losses of jobs and businesses.
They do not talk about how the Cleveland region was once the core of
high technology innovations but free trade came and as production was
sent out of our country, the years of investment of know how went with it
automatically. I still have print outs and compabibility manuals showing all the
companies and manufacturers were lost due to free trade.
In my own computer business, I have a list of about a 1000 customers and
top prospects that no longer exist. I have a print outs showing 1000s of
computer businesses in a tri-state region that went out of business due to free trade I also have compatibility manuals that show hundreds of computer
manufacturers that were closed down due to free trade. We do not read about any of this in our newspaper and they write as if these things never happened. They never say much about the NAFTA, GATT, CAFTA and other trade agreements that stole so many things from us.
And now it is 1937 all over again. President Roosevelt finally realized that his economic stimulus ideas were not working. He said he was not going to let the lack of dollars stand in his way as he launched the Lend Lease Act that exported products to the allies without the worry of when they would pay for all these items. This seeded a massive production of goods and services. It also opened the door to World War 2. This created the most powerful industrial might the world has ever known.
Now it is 1937 again as President Obama's bail outs of the investment communities. This will prove to be a failure as we wait for the next giant economic bubble to burst. However, this time there is no production left in the USA to ramp up to save the day.
