Excellent excerpt from Thom Hartmann’s new online book Rebooting the Amercian Dream.
“…First, Hamilton notes that real wealth doesn’t exist until somebody makes something. A “service economy” is an oxymoron: if I wash your car in exchange for your mowing my lawn, money is moving around, it’s an “economy” of some sort, but no real and lasting wealth is created. Only through manufacturing, when $5 worth of iron ore is converted into a $2,000 car door, or $1 worth of raw wool is converted into a $1,000 suit, is real wealth created. Hamilton also notes that people being paid for creating wealth (manufacturing) creates wages, which are the principal engine of demand that drives an economy. And both come from a generally protectionist foreign-trade policy…”
Please read the rest @ http://www.truth-out.org/rebooting-american-dream-chapter-one-bring-my-job-home65127
So informative and realistic…
The reality of the stimulus is revealed underneath all of the right wing/free market propoganda claiming “Obama failed to do this and that…and the current administration hasn’t done anything to heal the economy..”. As usual those aligned with the rich and greedy, have framed the current situation into an unfounded story, and then used this fabricated summary to advocate for their irrational and selfish policy. Its not hard to see why everybody falls for the garbage…the corporate machine has got both the media, the accountants, and the policy makers all in their pockets…so their story becomes THE story while the truth just fades under the loud buzzing of angry shouting heads and glamorous distractions.
Truth is the mega rich corporations have little to offer anymore in terms of actual worth…they have been so disconnected from tangible and real things. They are so dependent on all of us real people to actually do things like grow food, make clothing, build homes, deal with garbage…they are scared to let go of the fantasy world they have created for themselves in which they can just fabricate value from thin air, and make fortunes on the backs of everyone else. They know it is over…they are trying their hardest not to let us find out what they already know very well. It doesn’t take a rocket scientist to understand that everything comes to an end, nothing grows to infinity, and there is no action without reaction. All this imaginary wealth based on numbers in computers and notional paper values will cease to exist when we all realize it never existed in the first place. Soon will be the day when the elite will be forced to reckon with their own self imposed demise – their own house of cards collapsing all around them, their buildings on sand sinking to the sea. People with real wealth, of knowledge, and skill, and creativity and love will collectively usurp the fools gold economy by simply being real. We are all important, in our own ways, and must not let the elite cast us all into this heap of mindless servitude. We build their houses, fix their cars, grow their food, teach their children, heal their sick families, clean their bathrooms, water their gardens, file their paperwork, and on and on. WE ARE THE RICH! When all this ultra luxury life garbage starts melting in this warming world, the new leaders will be those of us who know how to live in balance with this earth and one another. Truly enjoying the actual wealth of this planet and our human exsitence.
It is all connected. We all breathe the same air and drink from the same water. We all eat from the same earth and play under the same sun. We must all accept responsibility. We must share the burdens and the work to share the joy and the play. In the face of those who have so much and ignore the pleas of those who have so little, we must act in sustainable solidarity. We cannot continue to spend our short time on this planet competing and battling with one another , sacrificing our soul to attain the empty happiness of the super rich..