[Info-vax] OT: Infinite Exposure New Book from Logikal Solutions

[JF Mezei]

VAXman- @SendSpamHere.ORG wrote:

> Which part?  The off-shoring of IT jobs?  The al-Qaeda attack?  The book?
> 

Many of you remember that FredK had written some USB based missile
launcher code. (as part of USB demonstration). Should he be let go of
HP, he will undoubtedly go freelance and sell his missile launcher code
to terrorist organisations. (If it wasn't FredK that did it, just
substitute the proper name).

When the soviet union collapsed, the western world was scared that the
"freed" nuclear physicists would go freelance with terrorist
organisations and I think that the USA provided money to keep those
physicists employed.

When the USA collapses, perhaps Russia should donate money to keep USA
IT folks employed to prevent them for freelancing with terrorists
organisations :-) :-) :-) :-)

(I use "USA" below, but many countries are in the same boat, but for the
USA  it is a far more dramatic change)

The USA is in the process of losing its sovereignty. Bush made it worse,
but it is a structural issue going back before his reign.

The USA is now becoming a slave of oil and chinese/indian products.
Everytime someone shops at Wallmart, he is depriving the USA of
manufacturing jobs, weakening the USA economy.

Everytime someone shops at Wallmart, he is sending USA money over to
china. That is less money for the USA, more money to China.  With less
money in the USA, you need foreign investors for large capital projects.
And more importantly, you need foreign investors to buy government debt.

And when a country such as China ends up buying a huge chunk of the USA
governmnet's debt then the USA government loses its freedom to criticise
China on environment, human rights etc. And eventually, China gets to
tell the USA what to do.

But it gets worse. When the USA economy is in tatters, foreign entities
come in to buy USA assets at low price. Prior to the TARP to save the
USA banks, it was sovereign funds (middle east and asian) that came in
to buy huge chunks of large USA banks like Citibank. Chrysler is likely
to again fall under foreign hands, and perhaps GM too. China tried once
to buy a US oil drilling company. And when companies are in foreign
hands, it means that profits go overseas. Less money comes back inside
the USA.

Canada's trade with USA is "balanced". The USA has huge trade deficit
with Canada (we export more than we import from USA), but because so
much of our economy is USA owned, the profits flow back to the USA, so
in the end, the balance of payments is "balanced". That is not the case
with China and Japan which is why the USA never complains about the
trade deficit with Canada, but complains about trade deficit wit Japan
and China.

A country that doesn't produce anything no longer has the money to buy
stuff form abroad. And we are now seeing the start of this: the current
economic upheaval on the USA is hurting china and japan big time because
they were depending on USA consumer market to buy their products.  But
when the USA no longer has enough cash to buy huge HD LCD TVs and BluRay
DVD players, then Sony's sales tank because much of asian economy was
geared towards serving the USA market.


The thing is that for every job that they offshore to india, china etc,
USA corporations end up losing customers because the lost jobs reduce
economic activity.  And that is the root of the problem.

The solution is to make the USA more competitive. If that means lower
wages, then so be it. But everything has to be done to generate
manufacturing jobs and IT jobs in the USA.

Companies that outsource their IT, call centres etc to India should also
be put on a black list. In the end, every job that is moved offshore is
a job lost in the USA and reduced economic activity in the USA.

When it was just an early "fad", this was harmless because it was so
small compared to overall USA economic activity. But because it was
allowed to continue for so long, it has gotten to a point where so much
has been moved offshore that it is *REALLY* hurting the USA economy, and
threathening USA sovereignty.

And remember that someone will have to finance the huge deficits created
by the USA governmnet to try to prevent depression. That someone will
end up holding the keys to the USA.