story582

The Free Market is the freedom for our big corporations and fortunate sons to make money with money. This economic principle to make money with money is the fundamental flaw of a Free Market government. And this is why in the last two decades as the big corporations and fortunate sons hailed the economic miracles of free trade, high technologies, smaller governments and privatization, we, people at large, had to endure both an unprecedented slower economic growth and an unprecedented shift of wealth from the poor and middle class to the rich and the richest.

I hear today that the Bush's tax cuts are increasing our tax refunds, and I dare to ask our economic gurus the long term effects of chronic policies of tax cutting. I hear today that Bush is slapping a tariff of up to 30% on imported steel and I dare to ask our free American marketeers if free trade is more of a power game than a game of making money with money.

Most of our economic gurus along with the Bush administration have no long term economic interest of our social predicament and continue their economic policies to save our lives by fighting wars against terrorism abroad, to have economic growth by the establishment of oligopolies, to save our democracies by letting people 'elect' our business appointed politicians.

I don't agree necessarily with journalist William Safire's interest of cutting taxes, but I certainly agree with him as he has become concerned about the loss of our own freedom and entrepreneurial spirit. Safire is disappointed of a legal world which allows

"the megamergers that have concentrated economic power in a few predatory oil companies, a handful of accountancy firms and an ever-dwindling number of banks. In the world of telecommunications, the urge to converge has led to the creation of worldwide media empires... The Constitution's brilliant system of checks and balances restrains each government branch's power. We oppose the concentration of authority in the federal government, urging its devolution to states and localities... Why, then, should we supinely go along with the seizure of economic power by today's triopolies and duopolies on their march to becoming tomorrow's monopolies?"

And this loss of true capitalism, that is the loss of entrepreneurial spirit, is manifested in Canada by media tycoon Izzy Asper who wants the privatization of CBC Canada in order to continue with his policies to marginalize journalists and brainwash the public with his own opinions.

References

Tax cut gives refunds a boost Thomas A. Fogarty, USA TODAY, March 7, 2002 http://www.usatoday.com/money/perfi/taxes/2002/03-07-refunds.htm

EU hits back against US steel duties BBC News, March 7, 2002 http://news.bbc.co.uk/hi/english/business/newsid_1860000/1860024.stm

The Urge to Converge William Safire, New York Times, March 7, 2002 http://www.nytimes.com/2002/03/07/opinion/07SAFI.html

Leader-Post reporters withdraw bylines in dispute with CanWest Global CBC Canada, 07 Mar 2002 http://www.cbc.ca/stories/2002/03/06/rlp020306

Asper wants CBC TV out of sports, local news CBC Canada, Mar 2 2002 http://cbc.ca/cgi-bin/templates/view.cgi?category=Canada&story=/news/2002/03/01/canwest_cbc020301