BREAKING – CISCO MASS LAYOFFS – LEAVING U.S.

Video Presentation by: Real Estate Mindset

Commentary by: Charles Sulka

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This video presentation by Travis Robertson of Real Estate Mindset (.org) and Mitch Vexler at Mockingbird Properties (.com) starts off by calling attention to the widespread layoffs recently announced by the tech industry. Both men strongly disapprove of the tech giants’ actions, especially the massive lay-offs and off-shoring of jobs, devastating whole communities while undermining America’s productive economy. This whole process reflects the core values of Reaganomics — neoliberal economics, which former President Bush referred to as voodoo economics. It might be best to think of Reaganomics as reverse Robin Hood economics (rob from the poor and give to the rich.)

While Robin Hood and Maid Marian are folklore, neoliberal economics — which attempts to turn humanity’s most grotesque character flaws into virtue, and the basis for our political economy — is all to real. DEO compensation is a good example. The outrageous salaries and benefits packages awarded to CEOs of America’s major corporations is a practice which is nothing less than fraud and racketeering, in the opinion of these commentators. Many of these tech companies which are off-shoring America’s jobs, technology, and capital have performed dismally under the CEO’s leadership, thus making the astronomical salaries and bonus packages totally inappropriate (as if they weren’t shameful enough already.)

Both men express outrage at the tech companies’ crimes and abuses. Stock buy-backs are correctly seen as fraud and racketeering — pump-and-dump schemes which benefit no one but the scoundrels behind these schemes. These corporations abuse investors, they cheat the public (through undeserved subsidies and economic development programs), they defraud federal and local governments (through tax avoidance), they steal from bond-holders, and, of course, they harm the employees. The employees probably suffer the most, as they have everything to lose from cut-backs and lay-offs. Life in America is brutal enough, but without a job and an income, life is literally hopeless.

The neocons’ hypocrisy is especially galling; while claiming to advocate individual liberty, free enterprise, and so-called free-market capitalism, their actions actually have just the opposite effect. These unfair business practices undermine the free market by reducing competition. The public loses out in every way. This is a prominent example of how unregulated capitalism (Reaganomics) is destroying the world.

The tech giants off-shoring the jobs freed up by these massive lay-offs is a boon to America’s foreign competitors — in some cases this nation’s enemies. Yes, America, a country which has done more than any other to stamp out freedom and democracy worldwide, has made its share of enemies by overthrowing more than seventy democratically-elected governments and installing fascist regimes which embrace voodoo economics.

Such practices, encouraged by neoliberal economists — and politicians who have fallen for their lies — have dealt a devastating blow to America by unscrupulous individuals whose actions are clearly designed to undermine the American nation. Capitalists are never patriots; they have little concern about their country of residence and absolutely no concern for the well-being of their fellow man. Vulture capitalists are concerned about one thing: profits. Ideally, profits without risk, which are, in their estimation, especially gratifying.

It goes without saying that there are a great many Republicans in the ranks of these anti-American corporatists. Republicans have traditionally led what can only be described as class warfare against the American workers — a well thought out, carefully orchestrated, and relentless assault on America’s honest working men and women. But this betrayal of everything America stands for (or at least used to stand for) is today a bipartisan affair.

All of America’s political leaders are in on what is nothing less than a total sell-out of the American nation. You would be hard pressed to find an honest man among the political appointees running the federal government. You might find a few in Congress, but their ranks are dwindling. Some — those openly controlled by (owned by) the Israel lobby — are callous enough to admit they are only in it for themselves, and to hell with what is best for America. The truth of the matter is, America’s political system is a hopeless mess.

I could not agree more with the observations of Robertson and Vexler in this regard. I, too, want to see a well-managed productive economy emerge from the ashes of what we have now (and what a mess it is.)

We are witnessing the collapse of the western world’s economy, a prelude to the establishment of the Republicans’ dream of a two-tiered economic system where the workers (serfs) are enslaved and the rich (the elites) live high on the hog, so to speak, off the backs of those reduced to servitude in the corporatist New World Order.

In the second part of the video the writers’ focus shifts to taxes. A national sales tax is proposed. Obviously, as the economy collapses, tax revenues from income taxes drop as corporations go out of business and the workers are laid off. This is happening everywhere in America. The never-ending tax cuts for the rich (pay-offs to political supporters by corrupt American politicians) further reduce the tax revenues. Reacting to widespread business closures, massive lay-offs, and off-shoring of jobs, technology and capitol by the corporatists, local governments are squeezing the already financially strapped citizenry by inventing new tax schemes. All these proposed tax schemes target the poor working men and women struggling to get by as wages go down and the cost of living keeps going up. When America’s lying politicians promise tax relief, they aren’t talking about tax cuts for the nation’s working men and women. They are talking about tax breaks for the elites, most of whom have never done an honest day’s work in their life (and have no intention of doing honest work in the future, either.)

Perhaps most insidious are proposals like the one currently being considered by the North Carolina legislature to impose higher property taxes on vacant land. This means any property the bureaucrats arbitrarily determine to be “under-utilized.” Another Youtube video warns of the danger of this insidious variant of property tax, a property tax based on under-utilized real estate. In this video, Leigh Brown explains that the purpose of the proposed tax concept is to force property owners to sell off their under-utilized real estate holdings to promote a nation-wide building boom. (Note 1) Too many ill-informed politicians of every stripe suffer under the delusion that this would lead to an economic recovery.

Talk about short-sightedness…. As Brown points out, this would lead to the destruction of the environment while negatively impacting agriculture in America. Is it reasonable, or even logical, to think that America needs more real estate development? I think most would agree that it is senseless to embark on a building boom to stimulate the economy when 40% of the office space in America’s cities is vacant and multitudes of desperate, unemployed Americans are being forced out of their homes by sky rocketing costs driven by real estate acquisition by the investor class. It is truly a stretch of the imagination to think that more empty office buildings and homes that people without jobs cannot afford will somehow benefit the country.

I wonder if there might be a hidden agenda here? Perhaps the plan is to invite even more immigrants to invade the heartland. Refugees from the excesses and abuses of neoliberal economics (deregulated capitalism) are streaming across America’s wide-open borders, bringing their crimes and drugs with them … as well as their starving children (lots of starving children.) Because of the mismanagement of the economy by the power elites, inflation, and price-gouging by profiteers — not to mention the extreme weather problems caused by global warming — this country can’t feed the American people as it is. How are we supposed to feed the poor and dispossessed of the world?

Maybe they think that this horde of refugees will create a demand for housing and commercial space while driving down the cost of labor even more. Champaign corks will be a-poppin at the U.S. Chamber of Commerce’s victory gala as the business interests celebrate their total victory over the American worker.

If this is the plan, it is sure to end in disaster. For one thing, the government will be forced to take the nation deeper into debt to cover the cost of such largesse. But deficit spending has never been a problem for Republicans, as it provides limitless opportunity for unearned income, and risk-free income at that (the best kind.) Who do you think earns all that interest from the sky rocketing national debt? Not America’s working men and women, that is for sure.

Consider how this economic strategy worked in England. Under British Prime Minister Margaret Thatcher, the “Iron Lady” so adored by the British conservatives, Great Britain embarked on implementing just such a version of neoliberal economic development, which could be described as “if you build it, they will come.” Britain’s green spaces and commons were sold off to private equity firms (speculators) and real estate developers, who proceeded to cover every square inch of land with unneeded (and drastically overpriced) housing units. Since England was suffering from the same economic doldrums that America is suffering from today, there was no market for all this new housing and commercial space.

To stimulate the housing market — as well as drive down the cost of labor, which appeals to the investor class always looking for ways to screw the workers — Britain opened its borders, inviting in millions of refugees from neoliberal capitalism which had swept the globe like the plague. Most of the refugees secretly harbored a deep hatred for the British, due to their suffering at the hands of the British colonialists, in most cases for generations. Untold millions (actually, billions) of people had been mistreated and exploited by the British when its empire ruled the world.

Since the unskilled immigrants, most of whom were illiterate and could not even speak rudimentary English, were basically useless and unemployable, the government had no choice but to put them all on the dole so they could buy food and pay rent — government spending which was, in reality, transfer payments to the investor class. Remember, driving the economy into debt has never been a problem for the ruling elites. Quite the contrary, in fact — public debt provides opportunity for more unearned income from interest on the indebtedness of the national treasury.

The end result was destruction of the English landscape and its agriculture, as well as what was left of the productive economy. Small farms and family-friendly villages and communities were replaced with dangerous and incredibly ugly housing projects. (The aesthetics of modern British architecture is every bit as bad as the horrors of British cuisine. The only chance you have of getting a decent meal in England is the greasy slop they serve in the pubs. But at least they serve half-decent beer and ale (although it is imported from Ireland.)

Great Britain is a leading example of how NOT to manage a nation’s economy. We need to be diligent, and wary. It looks like there are a number of people here in America who want to see this nation repeat the disastrous economic policies that have resulted in so much suffering across the pond. All this talk of privatization of common spaces and punitive taxation of fallow land with the goal of a massive development program as economic stimulus … well, this is dangerous talk. Think about this: in the end, the American people will lose everything; only the financial elites and vulture capitalists (mostly foreigners these days) will come out ahead. And I can’t help but think … this is exactly what the elites have in mind.

What are the economic parasites expected to do with all the wealth they have accumulated from the Reaganites’ tax cuts for the rich? They plan to buy up all the homes and farms and businesses and force Americans to pay outrageous rents forever. How else are the elites supposed to maintain their standard of living while doing no productive work? This is what capitalism is all about. This is the reality of the neocons’ New World Order.

As WEF (World Economic Forum) director Klaus Schwab and his acolyte, Israeli golem Yuval Noah Harari, have gleefully announced, in the New World Order you will own nothing … but you will be happy. I’m assuming the way the overlords will achieve this is by keeping the world’s population doped up on soma, as the totalitarian government does in Aldous Huxley’s dystopian novel Brave New World.

In this elitist vision of utopia, the working schmucks will finally be put in their place — the gutter, where they belong. It looks like the emerging New World Order is set to become a brave new world, indeed.

This is exactly what they have done in England. England has become a cesspool of violence and hatred from the refugees, mostly Muslims who could never be assimilated even if they wanted to, which they don’t. The lower classes in England — which now comprise just about everyone of English descent — are living in squalor and desperation. This is what the globalists have in store for all of humanity. (For all but the rich and powerful, that is.)

Just ask Klaus Schwab or George Soros. Mass migration and the dissolution of national borders and national sovereignty is central to the plan. If it didn’t work in England, things will surely be different in America. (Why is that, exactly?)

What do I think about it? To put it in simple terms, JUST SAY NO.

In the Robertson and Vexler video a universal sales tax is proposed as a solution to the problem of diminishing tax revenues in a collapsing economy. I question the effectiveness of the proposed universal sales tax in a shrinking consumption economy. Furthermore, I disagree with the concept, conceptually. In truth, I’m not sure I accept the concept of taxing business transactions in the first place, at least not as implemented in western capitalism.

Sales taxes are inherently unjust, as they are regressive; moreover, they are applied arbitrarily. In America and the West, the elites pay no taxes on stock swindles, pump-and-dump schemes, and the financial machinations that undermine the productive economy while producing vast profits for the perpetrators. Wall Street swindlers and their enablers in the PMC (professional managerial class, the technocratic elites, in other words) make out like bandits. Yet in most parts of the country, basic necessities like food and drink are subject to sales tax while speculative investments (buying and selling on the stock market, for example) are not taxed at all (!)

I have read studies that showed that a tiny financial transaction tax could replace all other forms of taxation, with change to spare to give to corrupt politicians to piss away on the economic black hole which former president Eisenhower warned us about, America’s Military-Industrial Complex and the nation’s forever wars.

Both a national sales tax and a national property tax were proposed in Robert Zimmerman’s book on proposed economic reforms, METACAPITALISM. (Don’t worry that the book is out of print and unavailable. There is nothing in the book that has not been addressed by others in books and treatises that are readily available.) Interestingly, Zimmerman gave the exact same arguments for both proposals as Robertson and Vexler — something Leigh Brown warns the viewer about in her discussion of the new property tax proposals.

I cannot support either of these proposed tax reforms, as both are conceptually flawed.

Specifically:

(a) not only is a sale tax a hindrance to trade, it is regressive and therefore morally wrong. Furthermore, in some countries (Europe in particular) VATs (Value Added Taxes) further complicate things, adding more bureaucracy, confusion, and regulatory burden. Moreover, basing the nation’s fiscal policy on revenues from sales taxes is doomed to fail. As the economy continues its downward spiral, people will have less money to spend on consumer purchases. Sales tax (and correspondingly, VAT) revenues will plummet as the economy stagnates.. The proposed universal sales tax simply won’t work. As we like to say here in Appalachia, “you can’t get blood from a turnip.”

(b) boosting real estate development as an emergency measure would destroy the farms and fallow land of the nation, with devastating results for agriculture and the environment. It would also play into the hands of George Soros and his ilk who want to demolish national borders and national sovereignty as a prelude to the enslavement of the human race by the WEF and the elitists’ in a neo-feudal New World Order.

Massive immigration of the refugees from capitalist ‘development’ (colonialism) around the world are streaming across America’s open borders. This introduces a whole new level of insurmountable problems. Unchecked immigration will be the last nail in the coffin of Western capitalism. One must be careful to never give the enemy the weapons they will use to destroy you.

This could be thought of as an example of what is referred to as “chickens coming home to roost” in the heartland. America’s colonialism in the guise of economic assistance and the imposition of forced neoliberal economic policies has devastated the economies of practically every nation on earth. In the end, America will get a taste of it’s own medicine — and that medicine is pure poison.

In another examination of the issue of property tax, economist Richard Wolff is even more critical. In the video THE PROPERTY TAX SCANDAL IN THE US, Wolff explains that the rich and powerful have manipulated the system, turning property taxes, which formerly were a tax on stocks and bonds, into a tax on real and personal property purchased with after-tax dollars by everyone. In this turn-around, items purchased with earnings on which income taxes have already been paid are taxed in perpetuity, while investment earnings which are taxed at lower rates (or not taxed at all) are exempted. Wolff shows that a tax on investments would not only be more fair, it could greatly reduce the tax burden on those who actually work for a living. (Note 2)

Things are bad, and getting worse, everywhere. But things will be especially bad in America. The reason for this is that the other peoples of the world have learned to work together to solve their problems. America, being hated by the entire world for the crimes and abuses of the Anglo-Zionist Empire, will get no sympathy — and surely no assistance — from the victims of its colonialism and political skulduggery. The peoples of the world will breathe a sigh of relief, and even rejoice, as the American tyrant gets its comeuppance.

It is no secret that the Zionists’ have long dreamed of ruling the world from their headquarters in Jerusalem. But without any legal authority, and in direct violation of U.S. law as well as international law, the megalomaniacal former President Donald Trump ‘gave’ the terrorist state of Israel the city of Jerusalem for use as its capital. Note that Trump also ‘gave’ to apartheid Israel parts of other countries, the so-called occupied territories. The United Nations intended that Jerusalem remain forever a Holy Land reserve for all the peoples of the world when they expropriated the land from Palestine to create the state of Israel (which in and of itself was illegal.)

If we, as a nation, agree to surrender our sovereignty and relinquish our land and homes and businesses and natural resources and future earnings to global investors, the future investor class might allow us to live, enslaved and impoverished, serving them, the new global capitalists. The IMF and World Bank of the future will probably be based in Russia, or China, or India, or possibly Iran or somewhere else in Asia or the Middle East. But it’s all but certain that the New World Order will not be headquartered in what is left of America — or the ashes of what is left of Zionist Israel — after the coming collapse.

Instead, a better solution — a solution that might actually work — would be to roll back the misguided policies of the neoliberal economists. We need to right the wrongs of Reaganomics, in other words. Capitol gains must be taxed at punishing levels (as they were before Reagan and the neocons rewrote the rules) to end speculative business activities; a financial transaction tax needs to be implemented; an end to off-shore tax havens and financial manipulation is essential; and economic concentration through monopolism and unfair business practices needs to be forcefully dealt with. We need to outlaw foreigners owning America’s land, homes, and businesses and restore local control over the nation’s economic affairs.

Most importantly, America needs a comprehensive industrial policy formulated by competent economic planners … not the greedy and short-sighted businessmen who have used money, power, and influence to undermine sound governance. We need a government working for the people, not subservient to special interests — especially foreign special interests and international financiers.

I say to hell with George Soros. The man has done incalculable harm to the people of the world, all with money he stole from honest people through financial manipulation.

Dealing with the nation’s problems sounds like a momental task. Which it is. But there is still an even bigger problem: the Enemy Within. What do we do about the enemy
within?

A staggering number of residents of this country — many serving in local, state, and federal government offices, advisory roles, or as government contractors — do not have America’s best interests at heart. And foreign interference in this nation’s politics is a leading cause of the nation’s demise. We need to take back control over this nation’s future. The only way to do this is by restoring control over America’s political system to actual Americans.

While some foreign nationals do a fairly good job of concealing their anti-American sentiment — communist Chinese plants, in particular, try to maintain a low profile — others are not so subtle. That their first loyalty is to another country is especially evident in one ethnic group in particular — the Jews. The overwhelming majority of Jews in America are Zionists.

Zionists dream of lording it over the rest of humanity from an impenetrable fortress in Israel. How militaristic are Zionist Jews? In the Bible it says they literally “worship a god of fortress.” Recent developments in the Middle East prove this to be true. The Zionist project is now recognized for what it really is — an apartheid state that has left the modern world in revulsion. Israel has become (has always been, actually) the base of operations for genocidal aliens (as the Jews are called in the Bible) who despise the human race and hate God with all their heart.

As Jesus said, no man can serve two masters. It’s time we embraced Jesus’ teaching by acting on the words: “America — love it or leave it.” We need to put an end to the influence the Jewish lobby holds over America’s political system. This is the only way the American people will ever know freedom and democracy.

One place to start would be to fire everyone holding dual citizenship. I would even go so far as to deport all persons whose first loyalty is to another country.

Any meaningful reform must be based on political economics. We need to restore the progressive personal income tax and corporate taxes to the level as they were before the Republicans undermined what once was the world’s strongest economy with their voodoo economics. The American economy was built on sound economic principles, not the laughable Laffer curve and the Chicago School’s economic nonsense.

We need leaders that understand economics, not financial scammers and economic hucksters, and not political cowboys whose sum total of economics education can be seen in the simple-minded scribbling on a cocktail napkin. Let’s face it, Arthur Laffer (economic advisor to Reagan and Trump) could not have worse credentials. His background is questionable, to say the least. Yale with its legacy of Skull and Bones, Harvard with its shyster lawyers, financial manipulators, and sexual predators and blackmailers like Israeli spy Jeffrey Epstein, Stanford with its promotion of the globalist New World Order (corporate governance to supersede democracy and national governments) and pseudo-science including psycho-kinetic con artist Uri Geller and the CIA’s research into the paranormal….

Laffer has close ties to the Chicago School of economic inanity (where neoliberal economics emerged from the tormented mind of Milton Friedman et. al.) Laffer’s questionable economic theories are widely disseminated. The man has close associations with the Wall Street Journal (owned and operated by International Jewry) and the Washington Times (owned and operated by the Moonies in thrall to international Jewry), two of the leading publications promoting the neocons’ New World Order, the globalist agenda for one world government, an end to national sovereignty, and, most frightening of all, and end to freedom and democracy.

Many Americans believe that meaningful change can never come from within America’s existing political system — that the political system is too far gone to reform or salvage. The old refrain “throw the bums out” is being heard more and more these days. But the truth of the matter is, this will not be enough. While I too feel the only hope for the nation is to throw the bums out (literally) it is especially important that before we do we kick America’s misguided economists to the curb.

Never forget where the economists’ loyalties lie. Economists work for the elites; they are the inventors of all these worthless financial instruments, the enablers of these dishonest financial practices. The rich an powerful who swindle the people rely on the imprimatur of the mainstream economists.

Economists (mainstream economists, at least) do not have the interests of the American people at heart. Honest working men and women do not pay their salaries or read their books. Economists have the interests of the stock swindlers, banksters and financiers at heart. These misguided economists are the ones who have misled the nation’s leaders.

First we need to fire all government economists, then we need to give our politicians exactly what they deserve — the boot. Deplorables (working schmucks) don’t mince words. It’s way past time that we threw the bums out.

First things first. If the politicians had sound advice, they would make better decisions. And if they don’t, then we the people are to blame for putting the wrong people in office.

Notes:

(1) THE SHOCKING TRUTH ABOUT THE NEW LAND TAX PROPOSAL! (Leigh Brown) https://www.youtube.com/watch?v=sTMmMV_pnz4

(2) THE PROPERTY TAX SCANDAL IN THE US (Richard Wolff) https://www.youtube.com/watch?v=6xX36YlLzEw

BREAKING: CISCO MASS LAYOFFS | LEAVING U.S.
Real Estate Mindset
(40:14)
  
Sep 30, 2024

URL: https://www.youtube.com/watch?v=mk4f4THr0KA

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(CHS 10-31-2024 1426 -0500)