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James Hall BATR

The prospects for conducting commerce are never an easy task. The hurdles to start a business much less stay competitive demands the greatest skill and fortitude. Innovation and inspiration often is the best course for those bold enough to become an employer. The idea that a level playing field exists for all comers is preposterous. The entire macrocosm for business rests upon separating your enterprise from that of your rivalries. Such is a basic lesson for those brave or foolish enough to enter the arena.

 

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James Hall BATR.org

The primary players that caused the housing bubble are:

1) The banking institutions that bundled and sold very risky mortgages

2) The Wall Street firms that bought these instruments and hedged for a default hazard by booking speculative derivative insurance that could never pay off on massive defaults

3) Fannie Mae and Freddie Mac provided government backing, of last resort, on bad mortgages

In order to understand the how this came about, one needs to acknowledge the role of repealing the Glass-Seagall Act. In the account, Repeal of Glass-Steagall Act cause of housing boom, the conclusion is evident.

"The purpose of the Glass-Steagall Act was to control speculation and prohibit a bank from owning other financial institutions which would create a conflict of interest, such as investment banks and insurance companies. The Glass-Steagall Act was enacted in 1933 after excessive risk-taking that contributed to the Great Depression. Jean-Marie Eveillard, of First Eagle Funds, has said: "Glass-Steagall protected bankers against themselves. Bankers are sheep. They don't mind going over the cliff if everyone else goes over the cliff."

The reason...

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James Hall BATR.org

As historical memory diminishes, and the lessons of past centuries are forgotten, the practice of systematically destroying economic independence grows.

Forget about real prosperity; the concept of interdependence, coined in popular parlance by the Trilateral Commission, has made the United States economy a post-industrial dependency and a bankrupt debtor.

The global corporatists despise protective tariffs because these excise taxes must be paid by foreign manufacturing enterprises. Since the rush to escape American shores, the transnational ventures seek not just cheap labor, but scheme to evade any effective regulations for the paradise of Third World exploitation.

America’s economy was built under the shield of tariffs. The nation became the greatest industrial engine and traded profitably with the rest of the world when reasonable excise and duties were charged on products entering this country. Just remember, the budgets of government were paid without an income tax under this system of tariffs. Who can logically argue that the deception of Free Trade benefits our population, when the current record of trade deficits continues unabated?

Tariffs for Survival or Profits for Multinationals provides evidence that tariffs are the best method to combat the deficiencies of the Free Trade ruse. 

 

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SARTRE Psychology of Tyranny for a Philosophy of Despotism

The underpinnings that fallaciously attempt to justify despotic regimes rely upon the perverted practice of controlling the public mindset in weak societies. The indisputable evidence that civilization is regressing at lightening speed is all us. Governments are becoming irrelevant with the passage of illegitimate authority consolidating into the hands of oligarchic cabals and global tyrants. An objective study of the voluntary abandonment of individual sovereignty is worthy of an entire scholarly discipline. However, before confused citizens seek psychoanalysis on a couch of technocrat design, the basic principles of a classical education should be applied.

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http://batr.org/solitary/012212.html

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SARTRE Edgar Steele and the National Defense Authorization

From the ACLU to hard-core traditional conservative pundits, opposition to the National Defense Authorization Act is united. Yet you hear almost nothing in the propaganda media about the final nail in the coffin of the Republic. Legalizing a draconian police state is in place. Burning the final copy of the Bill of Rights accomplished at last. Finally, the goal of inflicting universal fear in the minds of every American who still possesses the ability of critical thinking is now complete. Will anyone care about the interment of citizens in the entombment of maximum security prisons? The NDAA leaves no doubt. No one is safe.

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http://www.batr.org/totalitariancollectivism/010812.html

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http://forum.batr.net/showthread.php?tid=1995
 

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James Hall Shop the Local Merchant Economy

Buying at large box stores is a way of life for many consumers. Wal-Mart, Home Depot and Target are routine locations to spend your hard-earned dollars on items of necessity. However, what happens to the profits when the sale is completed and the bills are paid? Does the money stay in the local community, where the transactions are generated, or are they filtered off to the treasury of public companies that dominate the economy? The pitiful answer, well known to the chagrin of the small business enterprises, is a prime reason why the middle class is vanishing.  

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http://www.batr.org/negotium/011112.html

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http://forum.batr.net/showthread.php?tid=2011
 

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James Hall US Economic Forecast for 2012 and the Election Year Cycle

When it comes to business cycles, the former rules no longer seem to apply. The seminal events that changed the economic landscape after the 2008 financial crash still points to an uncertain future and marginal recovery. If you watch CNBC or Bloomberg business news, you hear that a modest recovery is in place. Accepting this kind of reporting may temporarily make you feel better, but in the real economy, the prospects for a rebound are mere fiction. Prosperity only exists for the chums of the insider financial system, who are immune from actual market conditions. Under the privileged and favoritism model, political subsidies and bailouts are more important than creative industry or innovative execution.

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SARTRE BATR.org

A caucus selection process is a much fairer method than party controlled primaries. That is why the GOP establishment fears the voice of the public. A caucus that could actually influence or determine a nomination must be stopped. Party operated election commissions are a central cause for illegitimate elections. If your anointed candidate wins, the process reflects the will of the people, but if a true reformer wins, like Ron Paul; the caucus does not really matter. Just how stupid are these Republican stooges?  

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http://batr.org/reactionary/010112.html

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SARTRE Jurists Protect the State and Ignore the Constitution

When it comes to the meaning of language, the courts are the greatest purveyor of trickery, distortion and perverted interpretation. These illegitimate gatekeepers for corrupt government, are authorized assassins, appointed to bring legal cover to Just Us; namely the State. Justice for the people is more than collateral damage for the few; it is systematic denial for the many. The recent Court of Appeals decision that shreds the NYS Constitution in the Pork Lawsuit proves that the rule of law is a charade. The court’s codified endorsement for official money laundering, demonstrates that the practice of the law is nothing more than enabling the criminal syndicate of the political class. 

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http://batr.org/gulag/112711.html

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SARTRE BATR.org

Do you have an absolute right to refuse medical treatment? Well, if you recognize the immutable authority of natural rights, you must defend the birthright of individuals to reject the quackery of government-imposed medicine. Common law clearly discerns that there are limits on the power of governments to force human beings into becoming pinned up sheep, against their will. Already far too many cowardly citizens are eager to comply with the next dictate of a tyrannical regime. Subsequently, when the death panels summon you into their diagnostic pool of drugs, why would you want to accept the pharmaceutical prescription for a controlled and managed demise?
 

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http://www.batr.org/totalitariancollectivism/112011.html

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http://forum.batr.net/showthread.php?tid=1754

 

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