The new President just manoeuvered and signed into effect a massive package that will affect us all. Was this the right thing to do? We have seen America, along with other countries, under great financial duress. Also, the jobs that Americans once occupied have been taken to other countries such as Mexico, China, and Asia et al. Whether you agree or disagree, something had to be done. Notwithstanding, the opposition party has no immediate answers or solutions forthcoming to date. The GOP pushes (forces) Capitalism coupled with tax reductions specifically designed to benefit the wealthy as their redemptive agenda for the current dilemma. The capital gains tax is always at the forefront of the quasi tax reductions sought after and virtually begged for by the capitalists. However, in the midst of this current economic crisis I personally have yet to hear or read about an alternative to the Democratic Party’s proposal. In other words what would be the GOP’s plan and course of action for America’s economic crisis? First, I want to make one thing clear before proceeding any farther, I am not in favor of the Democrats massive bail-out program. However, I would like to see (or hear) a viable proposal that would address the issues we as Americans now face! Is Capitalism the answer to our current quandary/predicament? What is capitalism?

cap•i•tal•ism [ káppit'l ìzz
Definition:

Free-market system: an economic system based on the private ownership of the means of production and distribution of goods, characterized by a free competitive market and motivation by profit.
(http://encarta.msn.com/dictionary)

Okay, if we use this definition as a reference, we will ascertain that capitalism is a system controlled by those who own the means of production and the goods distributed by these means. However, the question is; who makes these goods and how are they initially produced? If we take for instance an example of farming and the resultant ends of producing marketable products such as produce, we insert into the capitalism equation, workers. The quasi private ownership of factories companies’ et al that produces and distributes these goods relies on labor to capitalize on or, draw advantage from the efforts of these compensated workers. But, the compensation can be brought into question and often becomes exploitive in nature by under compensating these workers. The problem as I see it with Capitalism is exploitation! It appears that capitalism in order to compensate these owners of factories, businesses (large) and any means of profit realization will do anything to enlarge their bottom (or profit) line! And, that means they will go to any foreign country to accomplish this avaricious goal! Am I against making money? No! However, I am against how this money sometimes is made!

What is troubling with capitalism is exploitation, victimizing America’s people for their own gain and comfort. When capitalists acquire our goods, goods that were produced in America by American labor, and then ship these same goods to another country such as China, and then use the CHEAP labor of the Chinese people to turn these same goods into a marketable product that is then re-shipped back to America, and then sold back to our own people, that is exploitation and perfidiousness of unconscionable dimension! We buy back our own goods at a large profit for the so-called capitalist enterprise system of supply and demand! Allow me to elucidate! If these same goods/products are produced in America and then taken to our own factories, the workers will receive compensation for their work effort. For examples sake we will use the $15.00 per hour as a reference. If the worker receives this wage times 40 hours for the average work week, they will have earned $600.00 before taxes. And if this same worker has a benefits package coupled with this wage allocation, this benefit package will naturally increase the workers compensation. Now, if these same goods are shipped to another country where the worker(s) only receive slave wages such as $2.00 per day as a reference, we can see gross exploitation by comparison. The foreign worker will receive $10.00 per week with no benefit package at all! The cost of shipping the goods and returning them to America to be re-sold to us is cost effective to the capitalist enterprise or it would not even be considered by them!

So, if we incorporate (pun intended) this into today’s financial dilemma we have a real problem. The price of goods and services in America has reached disproportionate levels. Houses are priced beyond value, and wages are also not balanced with America’s pricing demands. Some receive inordinate wages for doing nothing while the laborer who mows their lawns and nannies their children get virtually nothing in return compensation for their labor. All the while the cost of living increases but wages are not commensurate with the cost increases. So, where do we go from here and who has the solution to this disparate system of pecuniary resources? One of the major problems is debt and interest on these debts. A seven year cycle was integrated into the Torah Law for a good and specific purpose. This cycle teaches the forgiveness of debt every seven years. What this also teaches is how to live within a certain financial confine. You learn to live within your means! Forgiveness of debt is the only solution for today’s financial crisis/dilemma! All debts must be eradicated and a fresh start given. Then the seven year cycle must be implemented. Teaching people to live within their budgets must be taught as economics 101 in schools so children can learn financial responsibility at an early age. This current crushing system will collapse the entire world if debt relief is not integrated into the financial equation as a solution, mark my words!