The American Revolutionary War was really all about trade and the exploitation of colonies across the world by the British Empire. Nobody wanted to live under foreign subjugation, and you can’t blame them.
Today, we face a trade war with China that could set us back 214 years to colony status.
The British were the worst in trade with colonies. They even allowed a government-chartered corporation to build an army of 28,000 to rule India, so that nation’s conquered poor would supply cheap raw goods to Britain.
The London mills then turned cotton, for example, into expensive cloth, sold for top dollar. The people in India never shared in the wealth their country generated until freedom in 1947.
Another example of Britain’s avarice was the slave trade. While some 300,000 Africans were shipped to the American South, some 2.6 million were sent by the British to the Caribbean to harvest sugar. By the Civil War the 300,000 in America had grown in population to 3 million, but 2.3 million Caribbean slaves had died off, leaving just 300,000 survivors. Hell Britannia! Continue reading →
How does a 100% tariff only increase the real price of a pair of prescription $600 eyeglass by only $15?
What does President Donald Trump’s tariffs on $50 billion worth of imports from China actually mean, and how will this affect you?
The ministers of mainstream media have received their talking points from the same lobbyists who control Congress, and they are using scare tactics on the public.
“A 25% tariff on a product will raise the cost of needed goods by a third, hurting the American consumer,” one son of a billionairess announced.
“We will have shortages of needed goods,” a genius two years out of college lamented.
“There will be a trade war, like the one that caused the Great Depression,’ a fellow with a bad wig grumbled.
The last point first. The Great Depression and crash of the stock market was in 1929. The Hawley–Smoot Tariff act was passed in 1930. The Depression was the result of the greatest economic inequality in our history – until today. The Crash was not caused by tariffs enacted after the fact by the unfettered administration of GOP president (Herbert Hoover). Continue reading →
During the Vietnam War, my part-time job was correspondent for the United States Information Agency (USIA), and one assignment portended today’s global power alignment.
The assignment was to interview ten ministers from various African nations to gain their impressions of a trip they were concluding in the United States. The article would be translated for their nation’s newspapers after review by Washington officials.
My recollection was a 500-word report to be sent Western Union to USIA headquarters (@ $1 a word). I was paid $30.
The ministers had gathered at International House, Chestnut St., Philadelphia, and some were dressed American-style and others were in native garb.
I introduced myself as a writer from USIA and then the room filled with shouts.
“You are not USIA! You are CIA…” Continue reading →