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President George W. Bush and New York Times writer William Safire |
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The Economic Convergence of the Free Market:
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| Nipawin - Thursay, March 7, 2002 - by: Mario deSantis | |
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slower |
The Free Market is the freedom for the big corporations and fortunate sons to make money with money. This economic principle to make money with money is the fundamental flaw of a Free Market oriented government. This is why in the last two decades as the big corporations and fortunate sons hailed the economic miracles of free trade, high technologies, smaller governments and privatization, we, people at large, had to endure both an unprecedented slower economic growth and an unprecedented shift of wealth from the poor and middle class to the rich and the richest. |
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30% |
I hear today that the Bush's tax cuts are increasing tax refunds, and I dare to ask the economic gurus the long term effects of chronic policies of tax cutting. I also heard today that Bush is slapping a tariff of up to 30% on imported steel and I dare to ask the free American marketeers if free trade is more of a power game than a game of making money with money. |
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business |
Most of the economic gurus along with the Bush administration have no long term economic interest of the social predicament and continue their economic policies to save lives by fighting wars against terrorism abroad, to have economic growth by the establishment of oligopolies, to save democracy by letting people 'elect' business appointed politicians. |
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converge |
I don't agree necessarily with journalist William Safire's interest of cutting taxes, but I certainly agree with him as he has become concerned about the loss of freedom and entrepreneurial spirit. Safire is disappointed by a legal world which allows |
"the megamergers that have concentrated economic power in a few predatory oil companies, a handful of accountancy firms and an ever-dwindling number of banks. In the world of telecommunications, the urge to converge has led to the creation of worldwide media empires." |
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And Safire continues to say |
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monopolies |
"The Constitution's brilliant system of checks and balances restrains each government branch's power. We oppose the concentration of authority in the federal government, urging its devolution to states and localities... Why, then, should we supinely go along with the seizure of economic power by today's triopolies and duopolies on their march to becoming tomorrow's monopolies?" |
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Asper |
 This loss of true capitalism, that is the loss of entrepreneurial spirit, is manifested in Canada by media tycoon Izzy Asper who wants the privatization of CBC Canada in order to continue with his policies to marginalize journalists and brainwash the public with his own opinions. |
| References: | |
| Tax cut gives refunds a boost Thomas A. Fogarty, USA TODAY, March 7, 2002 http://www.usatoday.com/money/perfi/taxes/2002/03-07-refunds.htm | |
| EU hits back against US steel duties BBC News, March 7, 2002 http://news.bbc.co.uk/hi/english/business/newsid_1860000/1860024.stm | |
| The Urge to Converge William Safire, New York Times, March 7, 2002 http://www.nytimes.com/2002/03/07/opinion/07SAFI.html | |
| Leader-Post reporters withdraw bylines in dispute with CanWest Global CBC Canada, 07 Mar 2002 http://www.cbc.ca/stories/2002/03/06/rlp020306 | |
| Asper wants CBC TV out of sports, local news CBC Canada, Mar 2 2002 http://cbc.ca/cgi-bin/templates/view.cgi?category=Canada&story=/news/2002/03/01/canwest_cbc020301 | |
