Vanguard News Network

By George Lenz

The subject of disappearing manufacturing jobs in the United States has finally begun to receive due attention, yet another more hidden yet even more perilous phenomenon has not. I am talking here of American infrastructure, critical for economic development, that is sold to foreigners in a stealth manner, robbing U. S. citizens of their property and making them serfs in their own country.

Let’s start by remembering an old parable: “Driven to the streets after a run of misfortune, a man took up station on a street corner holding a hand-lettered sign stating: “Will work for food.” Most pedestrians and motorists passed the desperate man without so much as a second’s worth of thought. One exception was a well-dressed businessman, who read the sign while waiting for the street light to change. But burdened by thoughts of his own concerns, the businessman gave in to a moment of imprudent sarcasm. “You ‘work for food’? I work for Visa!” he exclaimed to the sign-bearing man. “I’m working for food I ate years ago!”

The homeless man eventually found a steady job paying just enough for him to get by and save a little money. His employer, a large and amoral corporation paying most of its employees subsistence wages, used its workers’ savings to make loans to spendthrifts like the heavily leveraged businessman — people who continued to live well beyond their means by stretching their credit lines well past the breaking point. At the same time, the corporation quietly used its expanding financial holdings to buy up practically everything in sight.

Finally, the loans were called in, the debtors were unable to pay, and the businessman found himself — along with many of his fellow spendthrifts — working for that same predatory corporation on the same global plantation. His earnings and standard of living were ‘harmonized downward’ to those of the homeless man whose plight he had once mocked”.

This parable correctly describes the current U. S. economic conditions: think of the homeless man as symbolizing the poor but witty and industrious Chinese population, willing and eager to work for a fraction of what Americans earn, and the businessman as a stand-in for an American population whose prosperity is largely a debt-created illusion. The corporations, of course, are jewish or masonic-controlled multinational corporations that simultaneously control production plants in China under slave-like conditions and financial companies in the U. S. where they sell their junk on credit, indebting the American population. And they are rapidly acquiring the means quite literally to buy our countries out from underneath us.

In June, for example, a jew-controlled multinational paid $3.8 billion to lease the Indiana Toll Road. Transfer of electronic tolling equipment began in August, and by fall it is expected that the new foreign owners will be collecting tolls once paid by Indiana residents to their own state government. Similar deals are being struck by states and municipalities across the country.

At present the main foreign players in these deals are companies based in Australia and Spain, with significant jewish interest. Ominously enough, these companies are often subsidiaries or strategic partners of a larger multinationals that do business in China.

And the process is accelerating. “On a single day in June,” reported the AP, “An Australian company bought a 99-year lease on Virginia’s Pocahontas Parkway, and Texas officials decided to let a Spanish-American partnership build and run a toll road from Austin to Seguin for 50 years. Few people know that the tolls from the U.S. side of the tunnel between Detroit and Windsor, Canada, go to a subsidiary of an Australian company — which also owns a bridge in Alabama.” These are just a few examples of how roads and bridges built with U.S. taxpayer dollars are starting to be sold off, and so far foreign-owned companies are doing the buying.

State and local governments are strapped for cash and relatively limited in the financial tools at their disposal. Thus many of them, lured by the prospect of a quick influx amounting to billions of dollars, have put public assets — highways, airports, utilities, and even state-run lotteries — on the auction block. While this approach offers a short-term remedy, it leaves the public facing the worst of both worlds: the prospect of increased taxes to cover rising local expenses, plus paying fees and tolls to foreign companies that are, in effect, absentee landlords over what had been locally controlled infrastructure. Referring to the sale of a 75-year lease over the Indiana Toll Road to an Australian-Spanish consortium, state representative Patrick Bauer summarized the lose-lose proposition: “In five, maybe 10 years, all that money is gone, and the tolls keep rising and the money keeps flowing into the foreign coffers.”

U. S. critical infrastructure is also marketed to coloreds. Last winter the administration tried to permit Dubai, one of the United Arab Emirates (UAE), to operate U.S. port facilities. This was seen by the public, with just reason, as a potentially disastrous breach of national security, since it would put our port security in the hands of a company owned by a government cozy with al-Qaeda. Yet less than six months later, Congress enacted a “free-trade” agreement with Oman — which borders Yemen, Saudi Arabia, and the UAE — that would permit government-controlled companies in that Arab nation to own and operate U.S. ports.

Thus the process of impoverishment of the American public goes on: dollars are printed by the Federal Reserve, which are spent on Chinese-made junk, and end up being sent back to the United States as loans by jewish controlled multinationals, which are used to buy more Chinese-made junk.We’ve reached the point in this process where American politicians are literally begging jew-controlled multinationals for “investment” in American critical infrastructure. What this means, in practical terms, is that the destruction of debt-wracked American middle class is likely to accelerate.

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An excellent presentation is out, depicting the stock manipulations of so-called market makers. The topic has been discussed for at least a decade but yet the loophole long closed by EU financial regulators, still exists in the United States. See for yourself:

http://www.businessjive.com/nss/darkside.html

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I opened a new short position on MSFT. The stock is overvalued because of Gates’ premium, which is unlikely to hold up: current value is 27.3 vs. internal value of 18. I do not expect fast returns on the position; yet within by mid-next year I expect it to be down to 22.5-23.0. And I continue to keep a short position on GOOG.

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I also suggest an excellent Iranian movie for the weekend: “Zahra’s Blue Eyes,” which is about jewish treatment of neighboring peoples and jewish trade in human organs, especially suited for family viewing. It is available here:

http://www.youtube.com/watch?v=PUU6Qp64ZLw&feature=PlayList&p=F1B05E7A7CE3A90A&index=0&playnext=1