GOODBYE AMERICA
POWER PREVAILS & LAW LEGITIMATIZES WHAT PREVAILS

By: Al Cronkrite



Decades ago when American industry was thriving and unions were strong, General Motors (GM) succumbed to the United Autoworkers demands for yearly wage increases and generous retirement benefits for their workers. The costs were passed on to consumers in higher automobile prices. As the ravages of contrived globalism impacted the market and foreign manufacturers unencumbered by exorbitant labor costs became a factor, price competition tugged at the noose that threatened to hang the industry.

Now GM has reported a loss of over a billion dollars for the first quarter of 2005 and blames the cost of health insurance for over a million employees, retirees and dependents as a large factor.

Since what once was good for GM was considered good for the nation the opposite must also be valid since the Federal Government finds itself in a similar situation with total unfunded indebtedness of $53 Trillion. These figures tend to stifle the mind, but it is pertinent to point out that $11 Trillion is equal to the entire Gross Domestic Product of the nation. The 53 Trillion obligation amounts to $473,456 per household. Like GM this increase is largely attributed to under funding Social Security and Medicaid obligations.

Back in 1971 Ping-Pong diplomacy seemed like an innocent way to foster a dialogue with the reclusive Chinese. After all it was a game in which they excelled and it would provide them an arena to exhibit their prowess. Purposely overshadowed by Ping-Pong diplomacy was the secret visit to Premier Chou En-lai by procurer Henry Kissinger setting the stage for President Nixon's adulterous negotiation.

It was this meeting that created what may now be GM's panacea. Unfortunately there is no such alternative for the nation itself, it is mired in a debt that must be shouldered by the hapless citizens who allowed it to be incurred.

If GM declares bankruptcy and closes its American operations leaving the employees that built the company with little or nothing, there is a possibility GM may re-invent itself in China becoming a low cost competitor to the Japanese and others that have been violating American markets. GM is not a newcomer to China's economy. They already employ over 13,000 Chinese workers and have an excellent reputation as a high quality automaker. Their Web page claims the relationship goes back 80 years.

In 2004, GM sold 492,014 vehicles from its Chinese operations. The 386,000 vehicles sold in 2003 produced a profit of $437 million compared to a U.S. profit of $811 million on 5.6 million units! Profits for the first quarter of 2004 came in several hundred percent higher creating a gigantic profit differential between the Chinese market and the competitive US market. In China there are currently 8 vehicles per 1000 residents as compared to 584 in Europe and 940 in America. The potential is huge. GM plans to produce 1.3 million vehicles in China by 2007.




As long as GM's American operation is viable the union will not allow Chinese built GM cars to be sold in America. However, it is obvious that bankrupting the American operations would be a brilliant strategic move offering the opportunity to get out from under a huge pension and healthcare obligation and eventually to supply the American market from China.

Our government has a stopgap organization called the Pension Benefit Guarantee Corporation (PBGC). It was created by the Employee Retirement Income Security Act of 1974 which protects many private-sector pension plans by securing funds from healthy company plans to support those that fail. However, there is a limit to the viability of this plan and when that limit is reached, guess who will pick up the tab. You guessed it - the American taxpayer.

It appears this little known government agency will become much more active and better know as more large American corporations are forced to opt out of their responsibilities. United Airlines has already defaulted on a $9.8 billion obligation to 134,000 employees and other air carriers are destined to follow suit. If GM goes under their health care tab is in the $5.6 billion dollar range.

In March 1, 2005 testimony Bradley D. Belt, Executive director of PBGC, estimated that as of late last year the total underfunding of insured single-employer plans was over $450 billion, the largest in history.

For those who despise corporate welfare the foundering of these plans might be considered beneficial but for those who planned on their support it is an entirely different matter. The manufacturing sector which is being purposely eliminated has by far the largest rate of default and workers who have spent their entire lives working and accumulating retirement assets will receive far less from PBGC than they were promised by the original plan. There will be no health care, severance pay, vacation pay or insurance.

Following World War II when China was remote and conflicted, the opinion was commonly expressed that China would be the next nation to be feared. Today, it appears that prediction is coming true. China is home to a billion industrious people. Many have never experienced the sweet taste of affluence but burning in their breast is the fire of hope and with their mind's eye they see a vision of progress.

This industrial inferno is being fueled by America's lifeblood and the flow was begun by the cancer of American leadership. The disease has metastasized and the blood flow is now greater. Not only are our jobs being exported but along with them our wealth is going as well. The Trade Deficit provides a gage to the massive flow of dollars over the Pacific and the huge leverage this transfer brings to the Chinese. The massive dollar deficit combined with the loss of an increasing number of corporate entities promises to reduce the nation to poverty.

Like United Airlines, General Motors may be the first American automobile manufacturer to go under - others will follow. Autoworkers in China are paid $.78 per hour and as they learn to make quality parts, competition will force the industry to relocate. Ford and Chrysler face the same set of problems that plague GM.

The marketplace is still competitive and even the largest corporations must seek cost reductions. Failure to do so will quickly end their existence. General Motors and Toyota are close competitors with GM being only slightly larger. Ironically, Toyota is a creation of the American marketplace. Their growth at the expense of American manufacturers set a precedent for China by draining wealth from America.

International corporations rooted in American soil but scheming to legally disenfranchise their American employees exhibit the same deterioration in moral standards that is rampant in society at large. Nevertheless, the problems they face are often a result of decisions made in the political arena that can be traced to the clandestine cabal bent on world domination.

In a 2003 Atlantic Monthly article entitled The Bubble of American Supremacy George Soros wrote "International relations are relations of power, not law; power prevails and law legitimizes what prevails." This principle is being successfully carried out in meetings of the Bilderbergers and other similar groups that regularly convene to set policy for the New World Order. In early May this group of powerful scalawags met in absolute secrecy in Rottach-Egern, Holland to discuss such heady subjects as how the world should deal with European-American relations following the invasion of Iraq, the global economy, the oil crisis, incipient war with Iran, a United Nations world tax, the elimination of Christian dissent and other initiatives that will set world policy. These are the world's most powerful people. Neo-Cons attend in disproportionate numbers (Click the attendance button on the Bilderberger link). The American Constitution becomes wastepaper under their accumulated power. They intend to control the world.

Avarice is a powerful weapon and bankers who control the world's wealth use it with great skill. If General Motors closes its American operations and moves to China avarice will be the impetus. But General Motors did not originate the circumstances that dictate such a move. Those are controlled by the leaders of the Bilderbergers, the Council on Foreign Relations, the Club of Rome and other powerfully intertwined groups that set the rules and arrange the playing field.


American voters have long since lost control of the ship of state. America is soundly under the thumb of the Rothschilds, the Rockefellers, the Wolfowitzs, and the Greespans. The news is selected and presidential candidates are chosen by unelected power centers. The deck is stacked. American voters will get the same agenda with either of the two major political parties and gullible citizens will continue to support them.

As the rape of America progresses most of our manufacturing base will leave the country and move to lower cost venues. Failure to do so will be tantamount to suicide. As this corporate migration continues the retirement accumulations of the employees will be decimated and the PBGC arm of America's Socialist government will assume massive, albeit watered down, responsibility.

American sovereignty is a charade. Charlotte Iserbyt provides the details that allow the United Nations to mandate the closure of domestic army bases while at the same time our young men and women are fighting in Iraq under the authority of this same foreign entity. America's wealth and power is being used to support the utopian hegemonic dreams of an elite cabal and we are being robbed and enslaved in the process. Bankruptcy and responsibility for war crimes may not be too far in the future.

Rational solutions to the problems that beset us are regularly submitted by a variety of pundits but the power centers are not looking for solutions. The overrunning of our borders is being ignored by our President because it is part of the plan of the cabal to bring America to its knees.

The burgeoning national debt that threatens to overwhelm us is ignored because we are in the process of being overwhelmed on purpose. The euphemistic War on Terror provides a setting for endless, useless wars that drain our wealth and taint our youth. Rampant immorality at the highest levels of our government is a harbinger to the end of the nation.

General Motors is only the beginning. We are primed for much more of the same.

The conspiratorial octopus has several tentacles around America: Our culture has been destroyed by uncontrolled immigration and anti-Christian social pressure; our strength has been sapped by a series of useless, unwinable wars; interior forces have intentionally destroyed our educational system creating an illiterate, controllable population; treasonous leadership has betrayed us into international treaties that are robbing us of our industrial base and threaten our existence as a sovereign nation. Today we are a Balkanized, undisciplined, technology heavy monstrosity that is quickly descending into poverty and chaos.


Now, dear reader, this piece would not be complete without reference to the verity of the immutable Laws God gave to Moses. These Laws, the same today, tomorrow, and forever, are God's own loving solution to the evil anarchic opinions of fallen men. Human brilliance and secular amorality are not antidotes for the strife that afflicts the world. Instead they are its source. The cabal that seeks to control the world has usurped the authority of the Living God. They will not succeed; but those that have supported them in the process and many who are innocent will all share in the chaos they have created.

http://www.etherzone.com/2005/cron060305.shtml

"Published originally at EtherZone.com : republication allowed with this notice and hyperlink intact."

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Al Cronkrite is a free-lance writer from Florida. He a is regular columnist for Ether Zone.

Al Cronkrite can be reached at: fmsinfla@hotmail.com

Published in the June 3, 2005 issue of Ether Zone.
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