By Mark W. Lowry
2-11-06

Robber Baron Republicans live in the pre-great depression era with the same
failed Herbert Hover economic policies. Do-Nothing Democrats, stupidly
clueless about economic policy that ended the depression and why it was
successful, help Robber Barons. History is bound to repeat itself with both
parties supporting current failed economic policies that destroy the middle
class and prosperity it creates.

Current American economic policy is driven not by capitalistic fundamentals
of scarcity of resources and labor, greed and self interest of free markets.
It is driven by socialistic greed of international Robber Baron corporations
without duty to national sovereignty, workers, or world ecology. Revived
pre-Great Depression economic policy relies on selfish monopolistic
controlled markets with discriminatory government subsidies and sheltered
world markets with unfair trade tariffs for select international banking,
technological, drug, oil, manufacturing, and agribusiness and retail
monopolistic corporations. Centralized economic government intervention
provides surplus cheap labor by violating immigration limitations that
helped make the American middle class, the world's greatest consumer market
and prosperity of the last century. Risk of cruel business cycles with
tragic depressions is once again a reality.

Robber Barons driven by myopic short term profit greed get free access to
American consumer markets while outsourcing American jobs to cheap labor
markets. Absurd tax inducements to locate offshore and regulatory
restrictions limit competitor access to existing markets and similar
products. Drug companies modify existing drugs and postpone generic drug
competition for decades. Banks merge with other national banks destroying
local and regional competition. 21st century Robber Baron oil company
multinationals are permitted to price gouge at will. Wal-Mart and Microsoft
use economic power to garner special consideration and tax breaks not
available to competitors from every level of government. Government
sponsored Robber Baron select prosperity, stupidly killed the goose that
laid the golden egg of profit by eliminating free markets controlled by
scarce elements of production, self interest, open competition and a strong
consumer demand from well paid scarce employees. Robber Baron socialistic
centralized government interference renders free market demand and supply
principles irrelevant.

Robber Baron lobbyist directed government intrusion reduces wages and
benefit labor costs and decreases consumer demand with increased illegal
immigration cheap labor. Demand only increases with more high-wage jobs than
existing labor supply. It's suicidal policy to add cheap labor to a waning
economy without "new frontiers to settle or idle factory jobs to fill."
(President John F. Kennedy quote)

20 million illegal workers excluded from job market unemployment
calculations render glowing "ribbon on a hog" economic and employment
reports demonstrating job increases worthless. Inaccurate economic reports
don't identify record breaking Hooverian like: bank, stock & oil profits;
government and trade deficits; bankruptcies; consumer debt; negative
consumer savings (the first since the great depression); ecological damage;
stagnant and declining wages in low wage overpopulated service industry
economies; exported U.S. jobs; and underemployment of many people working
multiple jobs to survive.

High tech computer driven inflated market prices are similar to the
pre-great depression speculator stock market. Laughable Milton Friedman
fiscal economic policy uses banker rewarding Federal Reserve interest rate
and money supply manipulation to "stabilize" economic pressures of unwise
trade polices, that devastated the American middle class. It's no better
than whistling in the dark as we walk into the next depression graveyard.
False expectations of increased demand from ever growing illegal immigrant
cheap labor can't offset decreased demand from American workers permanently
displaced from good jobs, pensions, health benefits, and any fiscally
responsible future with an oversupply of low wage labor.

National sovereignty, democracy and liberty are at risk. 21st century Robber
Barons can't destroy the world's greatest consumer market and expect to
remain solvent. We need: sensible Keynesian economic policies; immigration
law enforcement; strengthened Sherman Antitrust legislation; elimination of
subsidies to competition stifling robber barons; and repair of the strong
consumer market that brought America out of the great depression and made
her the greatest superpower the world ever knew.

The unique U.S. middle class driven consumer market and American prosperity
was created with immigration restriction and government job creation policy
that emphasized worker benefits. Current illegal labor oversupply and
corporate subsidies destroy prosperity and history's first great middle
class.