The Walmart Syndrome

Here is a piece I wrote on 11-30-09, which is totally relevant today.




America is being sold out. The blue light special is not just for that coffee maker, 31” big screen HDTV, $7.00 slow cooker, or washed out denim jacket, but its ultimate purpose is to sell you out! Your wages will be placed on the shelf of CheapMart and sold off to the lowest bidder. The corporate elite want you to continue to buy their Chinese made cheaply made $10.00 wet/dry vacuums, or $20.00 power drill sets so they can bring down YOUR wages so you, too, can make those cheapie things, which would in return force your wages down to the bottom, even though you have an $800 plus home mortgage, $300 per month health care premium bill, along with your car payment, which you got for 0 down, 0 interest but $300 a month payment for 6 very long years. And then, there is YOUR credit card interest payment, if you still have a credit card and have credit—period—look at your interest payment. I won’t even go into your weekly grocery bill.

As you continue to over-buy your holiday gifts, you are bringing down your wages, your standard-of-living, and pumping your cash into the central bank of China boosting their enormous budget surplus, while your kids and grandkids will have to work-for-less in order to pay off the US budget deficit. Happy Holidays, Mr. and Ms. Consumer.

Keep feeding what it is you and your kids nag you to buy, instead of learning how to live with less.

The Teabaggers have been so busy resisting a government health care protection plan that would help cover them after their personal home drops into foreclosure and their lives fall into bankruptcy that they have forgotten to take their meds, which would control, or suppress their pervasive Walmart Syndrome that has infected their brains.

The Walmart Syndrome is a parasite that infects the brain, whereby knowledge and understanding becomes significantly impaired. It entered the United States virtually undetected by the CDC—Center for Disease Control, but has begun to affect many brains over the last 10 years. It turns the gray matter into fatty deposits, whereby the brain is unable to process sensible information because nerve pathways disappear and fail to allow for what is called an action potential---the ability for the nerve impulse to move down the nerve pathways for a functional and purposeful action.

What has happened is that U.S. corporations decided to shut down domestic operations, resulting in outsourcing, and the relocation of jobs over to China, and other low paying, and punitive-worker countries. In China, the U.S. corporations (we gullibly thought they were U.S. corporations) found new friends in China, which they embraced as investors. They called these new relationships multi-national US/Chinese corporations.

The U.S. corporation benefits from the generous legal system, which protects their patents, and copyrights, foreign national product dumping violations, as well as the generous tax system allowing write-offs, write-downs, deductions, and loopholes, as they abandon the American worker and U.S. economy for more lucrative returns.

China, a booming industrialized country, has pegged its currency to the dollar so their exports can sell in U.S. stores, such as Walmart, cheaper than domestically made products, what is left of them. Even though the Renminbi, (China’s currency) is artificially kept low, in spite of their booming economy and massive trade surplus, they, and their brothers-in-manufacturing-arms—U.S. multi-national corporations, like it is this way because the average working American, who is suffering greatly as a result of unemployment and underemployment because of job losses and plant closings, home foreclosures, debt payments, rising out-of-pocket health care costs, and stagnant or falling wages can buy the cheap Chinese/US corporate manufactured products.

Now, why do those hugely rich corporate ex-patriot executives love this arrangement? Well, after you and I buy the cheap Chinese stuff, those dollars head right back to China where their banks are flooded with U.S. greenbacks. What do they do with all our cash? The Chinese central banks buy U.S. Treasuries from the Federal Reserve Bank which monetizes those returned dollars to continue their zero percent lending practices to their broker dealers (mega-banks), who then use this cash to gamble at the Wall Street casino parlor increasing the stock prices of fortune 500 multi-national corporations stimulating others to join in on the scam. That means more bonuses, and higher executive salaries, as well as fattened business expense accounts. In addition, these mega-banks buy commodities manipulating the street prices, such as oil, gas, grains, etc. This enriches the corporate predator investment bank balance sheets, as well as the giving out of tens of billions of dollars in corporate bonuses. They also hand over billions in campaign contributions, through their 22,000 lobbyist brigades, to make sure that very little is done to interrupt their wealth-building machine.

Also, those Chinese central banks, sovereign wealth funds, and private equity funds jump into the Wall Street speculation and gambling game as the rich US/China industrialists and financiers push the stock prices higher and higher, in spite of the fact that the average American is slipping further and further down.

So, when the Teabaggers and others who head over to Walmart to buy some cheap stuff for the holidays, they are really rewarding those U.S. companies that sold-them-out. I guess it is like asking the neighborhood bully to come over for a free dinner, and then, inviting him to beat you up for dessert.

Now, do you feel better, yet?

P.S.—For those who need a reason to NOT spend their dollars at Walmart, here is a big one. Walmart does not screen or research the origination of their gold jewelry products. It has been stated that much of their gold product comes out of gold mines in the Congo, where women, and children are raped, abused, beaten and forced to endure horrible working conditions at gun point.

Thanks for reading, jerry