Brookes News 4th June

BrookesNews Update

To contact BrookesNews mailto: brookes@brookesnews.com.

Consumer spending won't save the US economy
http://brookesnews.com/080602consumption.html
America's export boom means that more production is being directed to
foreign markets. However, growth is capital accumulation - not exports. If a
country is not accumulating capital it is not growing, no matter how much it
exports


Why wages are not an inflationary danger
http://brookesnews.com/080602wagesprices.html
he only way a wage push could succeed without raising the unemployment rate
is if the central bank expands the money supply to accommodate the new wage
rates. How else could aggregate money incomes rise in such circumstances?


US living standards and productivity
http://brookesnews.com/080602productivity.html
Productivity is linked to real wages and not the volume of employment. So
long as there is sufficient capital and land available there will always be
jobs for those able and willing to work


Che Guevara on the silver screen - courtesy of Hollywood
http://brookesnews.com/080206fontovaquevara.html
Steven Soderbergh, a well-known Hollywood director, has just released his
four-and-a-half-hour film that glorifies Che Guevara, a cowardly sadistic
mass murderer. This savage blew out the brains of 14-year-old boy who had
the guts to stand up to him. Could it be that Guevara's crimes are what
turns on the Hollywood likes of Soderbergh and Robert Redford? Is this how
they gets their kicks? It certainly looks that way


Obama pledges unilateral disarmament
http://brookesnews.com/080206obamadefense.html
he historically illiterate Obama promises to fulfill the left's dream of
disarming America. To Obama's friends and limousine socialists capitalist
America is the problem not tyranny. Destroy capitalism and we can all live
in harmony and peace


Carbon credit markets open for business, and there is big money to be made
http://brookesnews.com/080206carboncredits.html
The carbon credit scam is in full advance around the world and that means
there are trillions of dollars to be made. Finally the real reason for the
new religion founded by Al Gore is becoming apparent even to those who have
refused to see the truth and follow blindly into the man-made global warming
abyss


American workers will pay for climate change redistribution of wealth laws
http://brookesnews.com/080206carbonpolicies.html
Despite 31,000 scientists debunking the idea that you and I are responsible
for climate change on the planet, politicians are going forward with
enactment of laws that will have disastrous effects on our economy and way
of life


The largest tax increase in history is looming
http://brookesnews.com/080206demstaxes.html
Despite the fact that the Bush tax cuts reduced the marginal effective tax
rate on new investment while encouraging additional investment that would
raise living standards for workers, the Democrats intend to impose highest
tax hike in American history. This would result in less new investment and
slower growth


Israel and the asymmetrical propaganda war
http://brookesnews.com/080206israel.html
Modern communications has allowed Jew-haters to run rampant with impunity.
For some years emergence of anti-Semitism is making itself felt YouTube,
MySpace, Wikipedia and a mass of leftist blogs. The supporters of Israel
need to co-ordinate their efforts to effectively refute anti-Semitic
propaganda