Trickle-Down Piracy By Robert Greenslade - Price of Liberty
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Trickle-Down Piracy
By Robert Greenslade © Nitwit Press


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December 08, 2008

Barack Obama, in a Good Morning America interview several weeks before the November 4th election said: "The American people understand the way you grow the economy is from the bottom up." In view of the fact that a recent civics test revealed that 40 percent of college graduates did not know corporate profits equal revenues minus expenses, I seriously doubt the average American has a clue when it comes to economics.

While Obama's campaign slogan may have fooled the dumb masses and his Obamabots, it did not fool radio talk show host Michael Savage who instantly labeled Obama's economic policy for what it is - "trickle-up poverty."

Contrary to Obama's assertion, the long-term economic prosperity of a nation does not flow from the bottom up - it trickles from the top down. If the economy grows from the bottom up, then why is the federal government bailing out financial institutions instead of giving the money directly to the American people?

The folly of Obama's economic policy is unfolding right before our eyes off the coast of Africa where Somali pirates are seizing merchant ships from all over the world and holding them for ransom. A recent Associated Press story entitled: "Somali pirates turn villages into boomtowns" chronicled the economic growth caused by trickle-down piracy:

"Somalia's increasingly brazen pirates are building sprawling stone houses, cruising in luxury cars, marrying beautiful women - even hiring caterers to prepare Western-style food for their hostages.

And in an impoverished country where every public institution has crumbled, they have become heroes in the steamy coastal dens they operate from because they are the only real business in town.

'The pirates depend on us, and we benefit from them,' said Sahra Sheik Dahir, a shop owner in Haradhere, the nearest village to where a hijacked Saudi Arabian supertanker carrying $100 million in crude was anchored Wednesday.

But in northern coastal towns like Haradhere, Eyl and Bossaso, the pirate economy is thriving thanks to the money pouring in from pirate ransoms that have reached $30 million this year alone.

In Haradhere, residents came out in droves to celebrate as the looming oil ship came into focus this week off the country's lawless coast. Businessmen started gathering cigarettes, food and cold glass bottles of orange soda, setting up small kiosks for the pirates who come to shore to re-supply almost daily.

For Somalis, the simple fact that pirates offer jobs is enough to gain their esteem, even as hostages languish on ships for months.

'Regardless of how the money is coming in, legally or illegally, I can say it has started a life in our town,' said Shamso Moalim, a 36-year-old mother of five in Haradhere.

Meanwhile, towns that once were eroded by years of poverty and chaos are now bustling with restaurants, Land Cruisers and Internet cafes. Residents also use their gains to buy generators - allowing full days of electricity, once an unimaginable luxury in Somalia."

Even though Somalia is a lawless nation with no stable government structure, as soon as a wealth producing class was introduced the Somali people up and down the economic spectrum immediately reaped the benefits.

Instead of hiring so-called economic gurus with PhD's to help his administration formulate policies to stimulate the United States economy, maybe Obama should simply pick-up the phone and give the Somali pirates a call.

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Some other, related reading:

The Flawed Second Amendment Debate

The Second Amendment and the Preamble to the Bill of Rights

Another Look at the Wording of the Second Amendment

Would the Repeal of the Second Amendment Empower the Federal Government and Negate the Right to Own a Firearm?

Tell me why the States needed the so-called "Collective Right" Second Amendment?

The Second Amendment is an Individual Right

A Question For The Supreme Court

Now Available! See Editor's review here.

"The Bill of Rights Does Not Grant You Any Constitutional Rights"
By Robert Greenslade and Claude Ellsworth

$10.00-includes shipping and any applicable sales tax.

P.S.C.S.
1547 Palos Verdes Mall PMB #160
Walnut Creek, CA 94597

Email any questions concerning the book/booklet to Bob at-govtnitwit [at] yahoo.com

Robert Greenslade focuses his writing on issues surrounding the federal government and the Constitution. He believes politicians at the federal level, through ignorance or design, are systematically dismantling the Constitution in an effort to expand their power and consolidate control over the American people. He has dedicated himself to resurrecting the true intent of the Constitution in the hope that the information will contribute, in some small way, to restoring the system of limited government established by the Constitution.

If you are interested in finding out more about the Constitution, take a look at this book. I use it in many of my articles and it is the best book I've found on this subject. Bob

The Federal Government: Its True Nature and Character: Being a Review of Judge Story's Commentaries on the Constitution of the United States.

Reprint of the 1868 edition. ''Perhaps the ablest analysis of the nature and character of the federal government that has ever been published. It has remained unanswered.'' This review of Judge Story's Commentaries on the Constitution of the United States is perhaps the ablest analysis of the nature and character of the Federal Government that has ever been published. It has remained unanswered. Indeed, we are not aware that any attempt has been made to challenge the soundness of its reasoning. The great vise of Judge Story and the Federalists consisted in desiring the clothe the federal government with almost monarchical power, whereas the States had carefully and resolutely reserved the great mass of political power for themselves. The powers which they delegated to the federal government were few, and were general in their character. Those which they reserved embraced their original and inalienable sovereignty, which no state imagined it was surrendering when it adopted the constitution. Mr. Madison dwelt with great force upon the fact that ''a delegated is not a surrendered power.'' The states surrendered no powers to the federal government -- they only delegated them. 160 pages.

Please see the bottom of the page for Bob's book offer.

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The Constitution and YOU Part 3l

A Question For The Supreme Court

The Second Amendment Question before the Supreme Court is Constitutionally Flawed and Dangerous

It's Time To Break Out The Torches And Pitchforks!

Constitution to Hillary, Obama and McCain Congress Makes the Laws not the President

Do the American People really want Liberty and Constitutional Government?

The Real ID Act proves the Federal Government is Not the All Powerful Oz

There is no Legal Requirement for an American Citizen to have a Social Security Number

The American People have become Servants to Government Employees

A Republic, if you can Keep It

Is Obama Ineligible to be President?

Policy is not Law

The Game Changing Play John McCain and the Republicans Need to Win the Election

Lawsuit Challenging Obama's Qualifications to be President Dismissed just as Predicted

A Tenth Amendment Commission is not the Answer

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