Real economics for people not Multinationals is simple.
1.- There is a legally binding standard of value (The GNP/capita) that the American Government must have approved in the General Assembly of the UN.
2.- This Iconic standard sustains a universal monetary system of currencies pegged to the standard, giving all nations equal opportunity in fair global trade. The government of the United States has the moral obligation to restore this international regulator, abandoned by FDR.
3.- Real Economics for Human Beings only accepts bilateral reciprocal equal value trade among pairs of Nations. Each bilateral agreement is secret and accepts the price of the seller, (not the Price of the buyer like in the present unregulated fraud of Globalization, where buying Cartels offer the least possible price to producers to sell their products in rich countries at the highest possible price that the traffic can bear)
President Obama’s Stimulus will create meager employment and it will take at least two years to start noticing a modest improvement in the availability of new jobs.
The three points I have listed above are fundamental traditional democratic regulation that the American Government must restore immediately, because they existed until FDR was duped by Wall Street into ignoring the guidelines of the quasi democratic global economy of the 1800s.
An example would clear the economic jargon that I had to use above:
- America wishes to sell to Argentina one-billion-dollars-value in cars manufactured within the territory of America; Argentina wants to reply with selling a one-billion-dollar-value (equivalent in pesos) in cereals and other agricultural products. Civil servants of both countries prepare the agreement (not more than two pages) for the signature of the Deputy Ministers of the Ministries of Economics. - Once the American supplier-manufacturer is ready to send the cargo of cars, he invoices the Ministry of Economics of the USA. The Ministry uses its line of credit with Federal Reserves, and obtain the dollars to pay the American Supplier. An equal process occurs in Argentina with pesos borrowed by the Ministry of Economics in the Argentinean Central Bank to pay the Argentinean supplier. The whole process is computerized and the operation can be automated to spare the civil servants to other functions. The Workers of America must note that the Dollars that paid the cars remain in America as salaries to the car workers and they eventually went to local banks as deposits. The same happens in Argentina and the money does not go all over the world to export American jobs nor to rob poorer countries. The Cereals arriving in America are auctioned by the Ministry of Import-Export (to be created) and a payment is made to the loan of the government with the Federal Reserves, as it occurs also with the Central Bank of Argentina, which pesos did not leave the country. In both countries the circulation of money was increase in commercial banks and this inflow of new money is destined to mortgages and low interest loans to Small and Medium size enterprises to be built in the national territory. Credit to multinational macro corporations is forbidden under heavy penalty. - This process of reciprocity doubles the value (and consequently the jobs to about 10,000 jobs/billion in each Nation according to the rule of thumb used by “learned political erudites”) of this new form of trading in comparison with present day trading which is not reciprocal and value gets out of the country without equal value returning to balance the equity of Nations. The engineered type of trade should be used immediately in depressed America if President Obama wishes to begin containing unemployment and live up to his commitments to the workers of America. - The unbalanced process of selective purchasing by wealthy nations has enriched the Corporations of the major countries by depleting the resources of the poorer Third World Nations. Now the Corporations are selling jobs to poorer countries and Canada, the United States and the rest of the capitalistic World are being deprived by the Chieftains of the Money Global Empire, of their former steadily increasing employment . That’s why now we are in the worst financial crisis ever and the globalization-politicians of all these major nations are hopeless because they do not understand an iota of “real economics”. Remember the recent public ridicule of the G-20?
Since the corruption or incompetence of the Congress and the Senate of the USA are putting the lobbyists brake on all the initiatives and actions of President Obama, it is necessary that all the workers and unions of America show to their representatives that they understand very clearly the axiom of Hon Obama: “Yes, we can”. Unions must call town Hall Meeting inviting their representatives to discuss the bilateral trade of America that does not exist in the fraud of Globalization. Every worker of America must accept that it is his responsibility to help President Obama to restore full employment in America and it is his duty to “boss around” his representative. He elected him; he must ensure that the guy does his job or else, it must be kicked out of Congress. No worker should keep accepting that politicians are elected to bark speaches that have no sense.
TEIC, designers of the Engineered Economics, are engineers, academicians, technologist and researchers. Contrary to politicians, the Engineering Profession guarantees the results that it commits to achieve. Put our proposarls side by side with those of your representatives and use your worker’s common sense to convince yourself that you must assist President Obama until he fullfill all his honorable commitments to the people of America. If you must expell you representative, join every other worker and have him expelled. Your President must win to save the future of our Children.
Jorge Torrealba, Director General, TEIC, Halifax, NS, Canada
CC: Mr. David Axelrod, Senior Advisor and personal friend of President Obama.

The Multinational Corporate Empire.

The G-20 are the oligarchic governments that have meekly accepted the tutelage of the Multinational Corporate Empire. Those governments, their media and their pseudo intellectuals recognized and buttered-up by politicians as “experts”, are lying to their citizens affirming with all their power of demagogy that Globalization - the fraud that they call Economics - is indeed a real economic system. The reader should peruse http://www.g20. utoronto.ca/meetings.htm to confirm that the G-20 have done absolutely nothing to correct the global economic crisis, the poverty and hunger in all the Nations of the Orb, the secular industrial pollution that has buried Humanity in dirt up to its ears nor in the control and reversal of global warming. A lot of blah-blah-blah is in their releases after their meetings that had the attention of the world corporate media and the muscle of police brutality fencing the workers that tried to get the attention of the world press, as if journalism was a respectable, ethical profession. Reality proves than since the forties the Corporate Multinational Empire has been busy hiding, ignoring or deleting all visible regulatory institutions of the nearly democratic global economy of the 1800s, because the anarchy of an aberrant, erratic and unproductive free-for-all global society sustains their totally incoherent economic fraud.
We - the volunteer TEIC researchers of the Third World - have proven in all our copyrighted books that Globalization is a tycoons’ fraud, and the reader only needs to think of the nice and decent chap Bernie Madoff as the best image of ethics and integrity of the reactionary governments of the G-20 owned by the friends of smiling, exuberant and impeccable used-car-salesman Bernie. They can also remember that the fellow Henry Paulson, chum of lunatic George W. Bush, managed to have 700 billions (of American workers’ money) spread around in bail-outs for his chums in the bankrupt financial ventures in Wall Street. The G-20 will go to history as barbaric as Hannibal the Hun, but with better public relations!
The Unions and the Workers of America have a slight chance that their apolitical election of President Obama will give them the leverage to really make the change that the majority of Americans voted for. They have to inform themselves very thoroughly on real economics (that does not exist since the 40s) and when they fully understand the simplicity of achieving a global change of economics from cynical no-value-quoted-currencies to engineered human economics, with the restoration of all the regulations that a real economic system needs, they have to let their corrupted senators and congress persons understand that their sits in 2012 are on the line, if they do not support the President, when he approaches the General Assembly to have approved the Final Charter of Economics Rights and Obligations of the Member States. Without International ”legally binding” global understandings is impossible to restore a democratic global economy equally useful for all Nations. The success of the Engineers of the Tennessee Valley Authority in the thirties and forties proves that without a real engineered economy is impossible to tackle global pollution, global warming, global poverty and global abuse of Humanity by the pals of Madoff, Cheney, Bush, Rice, Paulson and the lot of them.

Jorge Torrealba, P. Eng. (Retired), Director General, TEIC Canada,
Halifax, NS, Canada.
human.economics@ns.sympatico.ca
www.elibro.net (“Counterattack”, “Morbid Canadian Politics” and “How Man Must Use Scientific Human Economics”, available in this site).

cc: mR. dAVID aXELROD, aDVISOR AND PERSONAL FRIEND OF THE pRESIDENT.