Economy Loses 51,000 Jobs in July; Prospects Worsen

Federal Reserve Chairman Bernanke and Treasury Secretary Paulson do not get it. Congress is largely asleep at the switch. Few in positions of real power over our economic and financial policies are asking the questions that matter: how do we reinvigorate domestic manufacturing and how do we bring massive malfeasance in the banking and financial sectors under greater control? If various banks and Wall Street investment firms are "too big to fail," then why does not the same principle apply to many large domestic manufacturers?  Click here for more.

Comment by Anonymous Reader

In response to our decision to post articles about the problems facing our national economy, and where some of the fault lies in this matter, a reader emailed these comments. He provided his name in his email. Nevertheless, since his email was private, his name will not be provided here. Therefore, he is referred to here as an anonymous reader. The comments in full are as follows: "I wonder who you want to move into the White House. From your articles it sounds that you are willing to let Obama be the next occupant. It is people like you, with your "gloom and doom rants," that will be responsibe for a Marxist America by fermenting more dissent in the Republican Party."

First Response by RNI Chairman Michael Erickson

Republicans for the National Interest is committed to a strong, vibrant Republican Party in line with its historic roots as a conservative nationalist political party (see the policies and speeches of Abraham Lincoln, Theodore Roosevelt, Robert Taft, Barry Goldwater, etc). Of course, we do not support the overtly Marxist agenda of a Barrack Obama, or anyone else in the leadership of the Democrat Party. Nevertheless, our focus from the start, which we have made very clear in several sections of our website, has been to provide a consistent and strong voice for conservative nationalist principles (i.e. protection of our political and cultural sovereignty; opposition to illegal immigration and other "open borders" schemes; opposition to free trade pacts that are no more than "outsourcing deals"), many of which have been discarded or underplayed by the RNC leadership, and by far too many elected, Republican leaders, including Senator John McCain, for far too long. We contend that this liberal shift within the leadership of the Republican Party has led to a mass exodus of the grassroots from among our ranks, which hurts the Republican Party nationally and which causes the grassroots in turn to squander their energy in the DTS or third party columns. Besides losing our own base, this liberal shift also has made the Republican Party much less appealing to working class voters who are feeling the real brunt of our poor economy. These people, which in a previous generation were referred to as Reagan Democrats, and who were an instrumental part of our nationally victorious coalition, have now left the GOP for all intents and purposes, because they sense a lack of interest among too many GOP leaders in the serious quality of life issues affecting our own working class Americans. All that the RINOS may promise them is more "free trade" (which is just a linguistic code for "outsourcing jobs") and "job training" for new jobs that do not exist, which needless to say is not likely to sell in Peoria. The fact that McCain cannot seem to recognize that fact, as well as the fact that most Americans still oppose amnesty, are problems which we are not willing to gloss over just for the appearance of unity. You are correct in asserting that there is dissent being fostered within the Republican Party in this election year. Nevertheless, we respectfully would contend that that dissent is being fostered by the RINOS, who have been working overtime to throw millions of dedicated and principled conservative nationalists out of their country club, because they think that that is the way to win the affections of the New York Times and maybe even the electorate. Since we believe that Republican victory, including a victory for our present nominee, is best to be found in returning to our historic roots as a nationalist party, we are happy to provide a very clear and consistent voice in opposition to that RINO strategy. Indeed, we believe that, with our outreach to the grassroots, we are helping Senator McCain much more than he and his RINO supporters in fact realize, because we are giving these good, grassroots people once again a reason to vote Republican.

Second Response by RNI Chairman Michael Erickson

I forgot to mention in my previous email a response to your comment regarding "gloom and doom rants." There are millions of real people who are suffering a loss of jobs, seeing their real purchasing power decline, and losing their homes and family lives. We believe that we reach them by speaking honestly about their situation, not glossing it over with platitudes. They will respond to the persons who take their situation seriously; and our belief is that if the persons who take their situation seriously are a group of Republicans, then perhaps in this election season they will find some reason to vote Republican.