Re: [Marxism] The Credit Crunch and the Elections

["Jeff Rubard" <jeffrubard@xxxxxxxxx>]

>
> Neither candidate does what is economically essential over the long-term,
> realizing that the US cannot be a "prestige" economy piratically exporting
> Ideas to other countries in exchange for cheap goods in lieu of being a
> normal country and having domestic industrial production for domestic
> consumption. But in some short term we are all living, and eagerly bowing
>

Sorry for the formatting on that first paragraph, people; I'm rather
ill-disposed at the moment, and generally speaking I'd use either
Gmail or Thunderbird if they worked properly (but neither does
so I use both). However, let me clarify the "Buy American"
notion. No modern country does without a significant base of
manufacturing for domestic consumption; both the secretly more
affluent "Old Europe" and developing countries supply more of
their product needs "in-house", and the argument that costs are
too high in the US for domestic production to be economically
rational runs up against the reality that some centers of that
now are the most expensive cities (New York and San
Francisco, although those operations perhaps are on the
boundaries of civic consciousness and legality).

However, MAYBE IT'S JUST POSSIBLE that a thing the
US might want to buy from other countries would be oil.
Todd Palin certainly thought so, didn't he? (Seriously, it
must be bedrock wisdom in the US oil "community" that
North American reserves are inferior, so perhaps we're being
sold a little oil ourselves by the ANWR-happy Republican
ticket.)
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