Work creates work;But does it create wealth?

**count markovalley** · 10-15-2011

Everyone seems to be looking at China with mouths agape and glaring with doltish wonderment at the great transformation taking place.

Watching china emerge from being a nation of starving coolies, into the lords of industry and master of asia leaves all the economists ,government leaders and business people alike wondering ,how ,why,and when.

Thanks to the brutality of the mao regime ,the chinese were put to work. From the great march to the great leap forward ,chinese bestiality was unleashed on all the dead wood and on all the farm folk that refused to go along with mao's brilliant agrarian reform movement.

The huge number of chinamen that were murdered goes unnoticed by all the moralistic jackasses in the congress and state dept.

But wealth did not come until the chinese marxists realized they would have to make things to SELL to the world in order to have the money to BUY what the country needed and to create the wealth they now enjoy.

earning foreign currency allows the holder to buy the luxury goods that separates the have nations from the have nots.

Germany is a better example to look at;since from the end of the war ,they began their export industries and by the late 50.s they were loaning money to other countries.

German cars ,in reality have no equal. the mantra heard in central europe and in japan ,and now from china is :export or die!

Unless america understands this simple equation it will not survive. america's castle of cards is slowly crumbling, thanks to the jewish stock market swindlers.

**mistek** · 10-15-2011

The Chinese people are not rich. They are pawns in the game, too.

The game is "finding the cheapest labor" globally. MBA's are taught that labor is an unpleasant cost of business and the cheapest way to show a profit is
to cut your staff.

This has been going on since industrialization, the constant musical chairs for near-slave labor. Every generation...they rip the rug out from under them and take their money. The rich sit by and laugh and care nothing for this.

Germany under Hitler had the world's fastest growing economy, unmatched, that the world has ever seen. That speaks volumes about a country that repelled the international bankers and climbed out from under their tyranny. That speaks volumes about a country that, under the right leadership, morality and attitude reached new heights.

We will not overcome the corporate mentality until business owners and investors decide that this nation, America, matters more than anything else. They would have to CARE that their decisions affect much more than their bank accounts. With the digression in decency out there, it is hard to imagine this happening. No one wants to be the first to do it, their egoes and greed get in the way.

I think our nation knows what the problem is...but is not naming the culprits. "Wall Street" doesn't define much beyond the bankers. And you are correct, this house of cards is falling.

**Edmund Ruffin** · 10-17-2011

I am taking the liberty to re-post here something I already posted elsewhere, because I think it fits so well:

As the jobs and income of working and middle class Whites continue to disappear, the share of the country’s wealth claimed by the Banksters sky-rockets. “From 1990 to 2006, the GDP share of the financial sector in the broad sense increased in the United States from 23% to 31%, or by 8 percentage points. During the same period, the increase in the GDP share was in excess of 10 percentage points in the United Kingdom but significantly less - around 6 percentage points - in both France and Germany. Graph 3 shows the development of the share of the financial sector in GDP for selected major advanced economies since the middle of the 1980s. The figures on profits are even more striking. For example, the financial services industry's share of corporate profits in the United States was around 10% in the early 1980s but peaked at 40% last year.”

JP Morgan Chase gave Obama over $800K in 2008, second only to Goldman Sachs’ $1 million. Top Contributors to Barack Obama | OpenSecrets

Michael Cembalest, the chief investment officer of JPMorgan Chase, wrote in July of this year (in a clients-only newsletter obtained by Washington Post columnist Harold Meyerson) that “profit margins have reached levels not seen in decades,” and “reductions in wages and benefits explain the majority of the net improvement.” (Cembalest printed the latter quote in boldfaced lettering.) “US labor compensation,” he explained, “is now at a 50-year low relative to both company sales and US GDP.” Brooks Brothers Bolshevism: Wall Street Discovers Income Inequality | The New Republic

They think it is just peachy that productive White Americans have been robbed for half a century, while their bonuses have skyrocketed. When the sheeple finally figure it out, and they will eventually figure it out, Mr. Cembalest’s name will surely be on a lamppost somewhere.