Commentary ©2016     
Saturday, July 9, 2016    
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By Growltiger*

As Monty Python pointed out, "nobody expects the Spanish Inquisition." To hear and read the pundits on both sides of the Atlantic regarding the British voters opting to leave the European Union, Torquemada is on the loose again.

Nobody really expected the Brits to vote as they did any more than the Globalists believed Donald Trump could or would beat out their heir apparant, Jeb Bush, for the GOP presidential nomination. But since the Brits did what nobody expected, it suddenly has occurred to the pundits and politicians alike that the American people just might do the unthinkable.

The ruling political establishment elite hasn't been this gobsmacked since Ronald Reagan defeated George H. W. Bush in 1980. (It should be noted that the Republican Establishment behaved then exactly as they're behaving now, even going so far as Republican John Anderson running as an Independent candidate). It's gotten so bad that Peggy Noonan had to take to her column in the Wall Street Journal (June 25, 2016) to proclaim Donald Trump is no Ronald Reagan and Joseph Ragu (same issue) had to dig back for decades to disinter every nasty quote ever written about Mr. Trump.

It turns out, the new savior of the Globalists is Hillary Clinton. The former first lady, senator and secretary of state might have had a hand in invading Iraq, busting up Libya, abandoning Iraq to ISIS, screwing up Egypt and Syria, and set up her own e-mail server which was hacked into by enemies of the country, at least she isn't Donald Trump. And while Hillary might tap into the Bernie Sanders voters angst by railing against "income inequality", the Globalists all understand, she is not going to upset their gold plated apple cart.

In a piece written Friday, June 24, Jim Tankersley echoes the doomsdaysayers on both sides of the Atlantic: "The economic story of the past quarter-century was the rapid advance of globalization, the unleashing of trade and commerce among countries rich and poor - a McDonald's in every European capital, "Made in China" labels throughout Toys R Us..." (1).

Mr. Tankersley's dirge is more telling than it seems in a cursory reading. A "quarter-century ago" when this "rapid advance of globalization" began, Ronald Reagan had left office and his vice-president, George H. W. Bush, had been elected in what generally is considered to be "Reagan's third term." But President Bush was not Ronald Reagan, and in 1991 when "this rapid advance of globalization" was "unleashing trade and commerce", the United States was engaged in the first of what would become many forays into the business and politics of the Middle East (2).

It also was the year President Bush gave the State of Union address in which he telegraphed the beginning of that which the British and many Americans are voting against today.  "...What is at stake is more than one small country; it is a big idea: a new world order (my emphasis) where diverse nations are drawn together in common cause to achieve the universal aspirations of mankind -- peace and security, freedom, and the rule of law..." (3).

So was the United States the "one small country" to which President Bush referred? Was Iraq one of the "diverse nations" being "drawn together in a common cause"? If "peace, security, freedom and the rule of law" are "universal aspirations", why aren't countries able to achieve these "universal aspirations" without invasion, coercion, nation building or bribery?

Mr. Tankersley laments the Brexit vote will be the end of "...trade and commerce among countries rich and poor - a 'McDonald's' in every European capital of 'Made in China' labels throughout 'Toys R Us'.

So who exactly benefits from a burger joint in Gay Paree one might wonder. Certainly the French fast food worker who otherwise might not have a job; unemployment rate in France being 10.3 (4).

But closer inspection reveals that the real beneficiary (among other investors in all likelihood) is the McDonald's CEO whose salary was $7.29 million/year compared to the average worker's $11,324.00 (5). And while Globalism certainly has benefited the Chinese factory workers making toys for tots (6), it's questionable whether the American middle  and working classes have benefited (7). Meanwhile, Bloomberg reported in June of 2015, that the "Bain-Backed Toys 'R' Us New CEO was eligible for up to $50 Million in Cash" (8). It should be noted here that Bain Capital is the investment group founded in 1984 by former presidential candidate, Mitt Romney and others (9) and that Mr. Romney is one of the most vocal of those antagonistic toward the candidacy of anti-Globalist, Donald Trump.

"...The Brexit vote on (a previous) Thursday ends that story (the rapid advance of globalization), at least in its current volume. Voters will soon tell us what sort of sequel they'd prefer (1)."

Perhaps the voters have decided that if this Globalist "New World Order" simply means the lowering of living standards of working and middle classes in the West in order to raise those of the Rest, then the answer isn't just no, it's Hell No!

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(1) Brexit is a bad omen for world commerce
http://www.standard.net/Business/2016/06/25/Brexit-is-a-bad-omen-for-world-commerce

(2) Operation Desert Storm: First Gulf War: 8/2/90-2/28/91

(3) New World Order:
http://www.presidency.ucsb.edu/ws/?pid=19253

(4) Unemployment Rates in the World; https://en.wikipedia.org/wiki/List_of_countries_by_unemployment_rate

(5) Gravy Train
http://www.bloomberg.com/news/articles/2015-08-13/these-ceos-make-the-most-money-compared-with-their-workers

(6) Rising Chinese wages will only strengthen Asia's hold on manufacturing
http://www.economist.com/news/briefing/21646180-rising-chinese-wages-will-only-strengthen-asias-hold-manufacturing-tightening-grip

(7) Incomes Remain Static
http://www.pewsocialtrends.org/2015/12/09/4-middle-class-incomes-fall-further-behind-upper-tier-incomes/

(8) Bain-Backed Toys 'R' Us New CEO Eligible for $50 Million in Cash
http://www.bloomberg.com/news/articles/2015-06-04/bain-backed-toys-r-us-new-ceo-eligible-for-50-million-in-cash

(9) Bain Capital
https://en.wikipedia.org/wiki/Bain_Capital


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