INFINITY SQUARE

COMMENTARY FROM THE RIGHT ON ISSUES OF THE DAY... WORLD EVENTS, NATURAL DISASTERS, MARKET FORECASTS, POLITICS AND MORE.

Tuesday, February 10, 2009

Buy American Steel

The U.S. consumes steel, and the U.S. melts foreign scrap to recover foreign steel, but it is almost impossible today to buy “American” steel.

Steel is made from iron-ore, coking coal and metallurgical limestone. U.S. producers of these products have been shut down and derelict for decades and everyone on the planet (Chicago included) knows about the American “Rust Belt”. No steel – only rust.

“Buy American Steel” may be a hollow threat, but a reckless reference to protectionism by a U.S. president has malignant implications that promise to hasten the march toward world wide economic collapse.

Word-craft finally fails
Because
Words have consequences

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