U.S. Government Caught Killing American Jobs, Destruction by Design

Wednesday, September 14, 2011
By Paul Martin

By: Jared Levy
Market Oracle

A Note from Editor Jared Levy: At a time when job creation is front and center, and on an evening when our president vowed to bring jobs back into our economy, I learned of disturbing news.

An old friend of mine who used to trade with me on the floor of the Philadelphia Stock Exchange called me, outraged, after learning about the U.S. government’s destruction of an American legend.

I couldn’t steal his thunder, and asked him to write about it.

Destruction by Design
By BJ Dolfman

Jobs are the key to any productive society. The United States has gone from a manufacturing hub and land of pride and opportunity to a post-industrial wasteland in many parts of the country. We keep hearing that our government’s main agenda is job creation.

I’m not sure what statistics our government is following, but by my calculations we are losing jobs here, not adding them. What they don’t tell you is that they are great at job creation overseas.

My only thought is that the destruction of the middle class is almost by design. Every day I read news that almost brings me to tears.

The latest event is the raid of the Gibson guitar factory in Tennessee by the FBI. This is the same Gibson guitar factory that created instruments that helped mold our modern culture and is an American icon, idolized around the world.

Gibson was raided not because of tax evasion, illegal business practices or fraud.

The fed’s guns were drawn was to enforce another country’s law! That’s right, our federal agents are wasting time and tax dollars to interrupt business at a factory that has employed many American workers for over a century.

You see, there is something called The Lacey Act of 1900, which is a conservation law introduced by Iowa Rep. John F. Lacey. Protecting both plants and wildlife by creating civil and criminal penalties for a wide array of violations, the act most notably prohibits trade in wildlife, fish and plants that have been illegally taken, transported or sold.

The law was signed into law by President William McKinley on May 25, 1900, and is still in effect, although it has been amended several times. This act generally applies to the manufacturing of guitars when endangered species of wood could be illegally used. In this case, the wood was certified legal from India’s government, so the Lacey Act did not apply here.

But wait a minute!

The feds actually came into the factory to enforce laws that make it illegal for India to import raw materials (wood for the finger boards) and finish the goods outside of the country. This means that if the guitars were assembled in India, there would be no problem at all.

So our government is upset that American labor is finishing the wood that was imported from India? UNREAL! Does anyone see the irony here? I think Stevie Wonder could.

I listened to Gibson CEO Henry Juszkiewicz interviewed on a popular radio show (watch the interview here) shown a day after the raid, and he admitted that he was told that moving to Madagascar would be a “good” idea.

The Rest…HERE

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