Wednesday, February 24, 2010



By : Mr. Davy B. Hutchinson V, Esq., CEO and Chief Executive Officer, Greater Hutchinson Properties LLC (Dallas, Texas); University of Virginia (J.D. 1982; M.B.A. 1984); Owner, approximately 35,000 acres in Texas, Oklahoma, Louisiana and Arkansas; Author, It's Hard to Break Even When You've Got a Damn Payroll (Aspen Business Press 2009); Republican; Married; Father of three; No criminal record.

For over two years now, our country has labored through difficult economic times. Although very few people have the courage to say it, we are in a Depression. No matter what the pundits on CNBC say, this is no Recession. It's not even the so-called "Great Recession." We won't get anywhere in these tough times until we are honest with ourselves. Don't be fooled: We are in a Depression. The sooner we recognize that, the sooner we can move forward.

We are in a Depression because it feels like it. Depressions are about perceptions. When employers think there's a Depression on, they don't hire. Unemployment goes up. When that happens, people have less income to spend in the economy. When people don't spend money, companies make fewer profits. And when that happens, companies cut more workers and even close down. Panic spreads. People lose their homes and fortunes. They start begging the government for help. Then their government aid runs out and there they are: Back in the Depression.

This is not good for America. Our country depends on private employment to survive. When average people can't get jobs in the private sector, we are in serious trouble. Let's be honest: It costs a lot of money to hire someone. And companies don't want to threaten their margins by taking a chance on a new hire. They could spend their money in much more profitable ways. Workers are expensive. It doesn't make any sense to hire them unless you can be damn sure they will bring in way more than they cost.

So what do we do? The Depression will not end until every American has a good, high-paying private sector job that pays the bills. The Depression will not end until companies feel secure enough to start hiring again. In a nutshell, we need to create good jobs so that people have money again. And to create jobs, the private sector needs money to pay wages to everyone else. Problem is, the private sector does not have enough money these days. We need to find a way to make sure private companies get enough money to start taking chances on workers again.

Since the Depression hit, economists and politicians have mulled almost every conceivable way to create jobs: Stimulus packages, government incentives, tax breaks and even cash bailouts. Nothing has worked; private companies still don't have enough money to hire people. Things aren't getting any better. To the contrary, they are getting worse. Government is not up to the challenge. As soon as you bring in government, it just makes things more difficult and more complicated. Americans don't want complexity. They just want paychecks.

Americans will get their paychecks soon enough. We simply must be inventive. We are Americans. We are smart. And we always find a way to make money in the end.

It is time for innovative solutions to save our economy. Today, I am happy to say that there is a vast, untapped source of prosperity within our very own borders. Our salvation lives among us and we do not even know it. Our salvation is African slavery.

We can break this Depression by reinstituting slavery in the United States. Our economy is in ruins today because nonslave labor costs too much. Hiring people in today's economy imposes an intolerable financial burden on private enterprise. Corporations have shareholders to worry about. Shareholders want quarterly profits. They can't get quarterly profits if they spend more than they make every month on employee payroll. And when corporations aren't profitable, they can't cut anyone's paycheck.

Nonslave labor has failed. We need to free corporations from payroll servitude.

Slavery will solve virtually every economic problem in the United States. There are 35 million Africans in this country. By abrogating their citizenship and designating them personal property, we immediately create an enormous, cost-free workforce. Companies with slave labor will be able to report quarterly gains again. That, in turn, will allow them to spend money on new hiring. Once they do that, more people will get paychecks and more people will start spending money in the economy.

Opponents will doubtlessly claim that slavery is no way to resolve our country's economic woes. They will inevitably say that "common decency," "dignity," "equality," "the Constitution" and even "history" prevent the United States from once again enslaving Africans. They will say that as bad as our economy may be, slavery is forbidden.

We can answer all these concerns. But before addressing our opponents' arguments individually, we must mention that saving the economy is more important than anything else. Americans would rather have jobs and a paycheck than a "Republic dedicated to equality and decency." Americans would much rather have a healthy economy than the vague assurance that "every man has an equal right to succeed" in this country. In fact, it is precisely the unwillingness to entertain slavery that landed us in this mess in the first place. If we really want to beat the Depression, we must be bold. That means embracing slavery, not running from it.

First, the Constitution poses no barrier to reinstituting slavery. True, the Thirteenth Amendment bans slavery and involuntary servitude in the United States. But the Constitution can be amended. If amended once, it can be amended again. Once Congress and the People see the enormous economic benefits to be won from slavery, we are confident that they will swiftly amend the Constitution to reinstitute it. And we are also certain that average Americans will appreciate that slavery will solve their economic woes once and for all. That will lead them to pressure their representatives to repeal the constitutional ban on slavery.

Second, our history does not frown on slavery. We are not "going back to the Dark Ages" by returning Africans to bondage in the United States. To the contrary, our country has a rich and vibrant slavery tradition. Slavery existed when this country was founded and it existed legally all the way until 1865. Since then, Africans have lived as virtual slaves: They die at younger ages; they do not attain educational eminence; they rarely attain economic prosperity; they live in much greater poverty than comparable white Americans; and they constantly claim that they have been "victimized," preventing any meaningful progress. If anything, then, the United States has long been friendly to slavery. Slavery helped shape this Nation in the past. It has always defined us. And now slavery will save us from economic ruin.

Despite all rhetoric to the contrary, history shows that America was a better country with slavery. America suffered no crippling Depressions before 1861. In fact, our national economy boomed in the pre-Civil War years precisely because the South churned out cotton without labor costs. After 1865, labor costs imposed intolerable burdens on private enterprise, resulting in several terrible Depressions. This shows that slavery provides insulation against economic collapse at the same time it generates healthy profits for private business owners.

We will make no progress against persistent economic malaise by turning to the government. Rather, we will only rescue the economy by reinvigorating the spirit of private property ownership that has always driven America forward. We will only regain our prosperity by refreshing America's passion for private enterprise solutions. We do not want handouts and bureaus. We want economic freedom.

Slavery delivers on all these points. By returning Africans to "property" status, we immediately create a huge new commodities market. That will allow for vigorous new exchange, as well as bank financing and stock market revitalization. Advertisers will win new contracts promoting slave sales, while interstate transportation entities will relish new business ferrying slaves from State to State. Housing contractors will also have a role to play by building accommodations for slave populations. In short, slavery will not only affirm America's commitment to private property ownership. It will also stimulate immensely beneficial free market activity.

Slavery also delivers significant indirect benefits. For one, by reducing the number of American citizens by 35 million, government will not need to spend as much on social entitlements. Social security and Medicaid payouts will decrease. With fewer necessary expenses in the budget, Congress will be able to lower taxes. That will allow private enterprise to hire more workers and reinvest their capital in profitable endeavors. Additionally, Federal labor laws will not apply to slaves, so private companies will be able to increase productivity without increasing wage costs. That will lead to a spike in production and more profits for domestic companies.

We need to worry about production in the United States. Without slavery, our economy sank into a dangerous trade deficit. Crippled by labor costs, entitlements, taxes and health care obligations, private companies could not produce enough to compete with countries like China and India. But slavery will correct the imbalance. Now, African slaves will cost employers next to nothing, allowing them to boost production and increase profits--all without commensurate increases in cost. Armed with increased profits, companies can invest in skilled workers, researchers and technology in order to propel American into a new Golden Age. The bottom line is that slavery will allow us to go toe-to-toe with China. Slavery works.

We are confident that the American people will see the merit in slavery. For too long, Americans have been brainwashed to believe that "slavery" is a dirty word. They reflexively recoil from it. But they must merely learn to understand that slavery is the key to our economic renaissance. As soon as disgruntled, underemployed American workers understand that slavery will get them a paycheck, they will quickly drop their hostility to it. When they see that slavery gets them a comfortable job, a nice new home, a beautiful two-car garage and even a few acres for themselves, they will stop fretting about dignity and equality.

Moreover, slavery is environmentally friendly. Enslaving Africans does nothing to poison water or air supplies. Enslaving Africans does not result in deforestation, nor does it threaten endangered wildlife populations. It is a "green" solution in the truest sense: It will not only make Americans money; it will result in clean air, too.

In a word, slavery has always played a role in American life. We have never fully moved away from it. It is time to get back to our roots and embrace it again. Our country was strong when private employers did not worry about crippling payrolls and social security taxes. Our country never suffered Depressions when we prized economic freedom over fanciful commitments to racial equality. And any American will tell you that he'd rather live in a country that does not suffer rampant unemployment than live in a country that forbids slavery. After all, abolishing slavery never paid anyone's rent or landed anyone a job.

Slavery means more jobs for all. Slavery means more private property ownership. Slavery means increased American production and viability on the world economic stage. Slavery means American prosperity. Slavery means home ownership and college education. Slavery means healthy waterways, wetlands and environmental protection. The list goes on and on.

In this light, let us speak out for economic freedom. Let us declare our independence from circular economic failures. Let us free ourselves from the tyranny of expensive labor. Slavery is our solution. It is our salvation. When America returns its Africans to slavery, no country in the world will ever threaten our dominance.

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