Vanguard News Network

By George Lenz

We all are familiar with the huge mega-malls that are constantly appearing around American and European cities. Their accession often means the decline of small shops, for a long time an important source of revenue and first business experience for the American middle class. “Keep your shop, and the shop will keep you,” said Ben Franklin, and he was right in this instance, as in many others. Absence of small shops means fewer opportunities for teenagers to work and for families to diversify the source of their income, as well as the absence of informal credit system for poorer Whites. The money that once flowed into the pockets of middle-class Americans now flows into the pockets of fat cats. No wonder the real incomes of middle-class Whites stagnated and even decreased for the last five years.

How can one stop the onslaught of mega-malls in his local community? There are a number of ways, including:

– ecological and zoning regulations. This is one of the ways the expansion of mega-malls is regulated in Europe. Yet it is the least desirable way, for it strengthens the positions of democratic ecumenists (eco-radicals), who are a hurdle to fast economic development necessary for improving standards of living of the White population;

– micro-regulation. That’s another way popular in Europe, and it works surprisingly well. Laws that stipulate the hours a particular shop can keep, what it can and can’t sell, what it can and cannot do to control its workforce can render the mega-mall business model unprofitable, while leaving room for small- and medium-sized stores run by local businessmen. These laws also can be adopted at local level. Yet, for the sake of preserving natural right to Economic Freedom, they should be used wisely.

– spacing requirements. That’s the Japanese way: shops with an area exceeding x square feet are not allowed to operate. That’s a relatively easy and effective way to stop the expansion of mega-malls: I would often suggest adopting such ordinance in a local community as an effective weapon against mega-malls’ expansion.

– anti-monopoly laws. That’s the most effective way of regulating mega-malls from the point of economic science. Basically, any shop that takes more than 5% of sales in a particular state market shall be broken into two, to prevent concentration, harmful to consumers. Such laws generally work best at the state level, in combination with the spacing requirements ordinances at the country level.

Fighting a local mall is an excellent area for WN activism: it is an important local issue, where successful outreach can be organized and people recruited for Our Cause. Establishing a non-profit organization, called “Anti-mall Texas”, or “Center for local commerce” is also a good way of attracting donations, which can then be legally used to support a variety of causes beneficial to the White Race.

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I recently bought life insurance, and talking to friends and comrades I was surprised how few people use this time-tested and effective investment vehicle. I talk here of term insurance with returned payments.

A term insurance with returned payments policy is an investment vehicle that functions as term insurance for a particular amount of time (let’s say 30 years), If death or serious injury occurs within the term, the face amount of the policy is paid to beneficiary. If a man survives the term, the amount of paid premiums is returned to him. It’s a good way for White Nationalists, especially married, to make sure that their dependents get an inheritance that allows them to live comfortably in case of the breadwinner’s death. If a man is unable to purchase term insurance with returned payments outright, then it is advisable to start with ordinary term insurance and then to convert to ordinary term insurance with returned payments. I suggest coverage at least at 500 000 USD at either Fidelity and Guaranty Life Insurance (www.fglife.com) or American General Life Insurance Company (www.aigtermlife.com): the service is excellent and the premiums very reasonable.

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Currently there is much talk about the forthcoming détente with Iran. I do not believe it will happen, or if does, it won’t last long: the jews are itching for war with Iran behind the scenes, and, judging by their record, they are likely to get what they want. The new U.S.-Israeli aggression against Iran could start either at the end of the current year or summer 2007. The market is still at 11 400 and in upward trend, so it is a good time to start adjusting the portfolio accordingly, getting rid of riskier stocks. Next time – the analysis of economic fundamentals of the U. S. economy.