An Open letter to President Bush (End run vs. Outsourcing)

Me | Me

[1rudeboy]

I think what you're saying is that some of my purchases will cost more. What I am saying is that my loan payment will cost less. No need to complicate the example past that point, because households cannot devalue currency, or print money. Why is everyone confusing macro with micro all of a sudden?

[Asclepius]

You better try 'healing' your brain.

Dude. Name calling will not distract anyone from your demand for government handouts in the form of secure-for-life jobs because a global economy of free minds and free markets so frightens you.

Instead of demanding that daddy--er, our beloved federal government save you from your own ineptness why not attempt to update your job skills?

[XBob]

You mean Marxists, don't you?

So - as Marx was a Free Trader, I guess so.

But I wish to deprive all our American Free Traitors of their jobs, and make them eat their own words.

[1rudeboy]

Please direct me to the post where I advocate currency-devaluation for the U.S., or any country for that matter.

[1rudeboy]

Wait a minute. Marx believed that free trade would hasten the struggle between the haves and the have-nots. That would be a fairly proper summation of your position as well. So how is it that your rhetorical opponents are Marxist?

[ARCADIA]

Why would your loan payment cost less? If you have $25,000 in debt and make $50,000 a year; you are still going to have the same debt, and the same income rate.

[Iscool]

But what if Japan, for example, restricts the outsourcing of jobs to the United States, and Americans working for Toyota and Honda start getting laid off?

This is the one that makes Sowell a non-contender in the intelligent (or honest) economist class...If Japan pulls out it's auto manufacturing plants, GM, and Ford will pick up the slack and hire those displaced workers...Those Japanese companies have a good market-share of the auto industry...When that's gone, it creates a void...Someone will pick up the market-share, won't they??? One would think Sowell would be embarassed to make a statement like this

[XBob]

276 - "Free traders will tell us that additional manufacturing will be attracted by the lower dollars; but, that presumes that you have an expandable manufacturing base. As we have seen with Argentina and Mexico, currency devaluation does not always result in a manufacturing boom. No one wants to invest into an unstable political mess."

You are talking way above this poor boy's head. He doesn't have a clue, and doesn't know what has happened in the world. His teacher hasn't gotten past the first couple of chapters in his history book.

[1rudeboy]

If the U.S. issues a bond, and subsequently devalues its currency, then it will cost less for the U.S. to pay it off. I cannot make it any more simple than that.

[1rudeboy]

But apparently, I have read Marx, and you have not.

[XBob]

279 - "You can't be pro globalist and pro American at the same time..."

bingo -

ping ping ping to all free traitors.

[XBob]

281 - "I think what you're saying is that some of my purchases will cost more. What I am saying is that my loan payment will cost less. "

Your FIRST loan will cost you less. And that will be your last one, as you will have no credit/credibility left.

[1rudeboy]

Good grief. What about gas prices?

[XBob]

282 "Instead of demanding that daddy--er, our beloved federal government save you from your own ineptness why not attempt to update your job skills?"

Which ones, which I already have, my truck driving, carpentry, electrical skills, or my teaching, military, purchasing, shipping, negotiating skills, computer/programming/systems analyst skills or which of my 3 degrees - 2 bachelors degrees and one masters - earned in response to changes over my career.

You see, I've been there - trying to keep up in the ever changing world of macro-econonomics.

[XBob]

284 - "Please direct me to the post where I advocate currency-devaluation for the U.S., or any country for that matter."


every post you make about about paying off your loan easier with devalued currency.

[XBob]

285 - "Marx believed that free trade would hasten the struggle between the haves and the have-nots. That would be a fairly proper summation of your position as well. So how is it that your rhetorical opponents are Marxist?"

The chaos you advocate creating, you marxist.

[Asclepius]

You see, I've been there - trying to keep up in the ever changing world of macro-econonomics.

Cool. You must be doing well. The master electrician who rewired our basement a while back jkmmakes over US$200,000.00 a year even on semi-retirement. He's a Holocaust surviver on the board of a local modern Orthodox synogogue; he showed me his tatoo. The carpenter whose crew re-roofed our home drives a silver Lexus, and so does his daughter.

So you must be doing well. Good for you. What a great economy, wouldn't you say?

[Havoc]

Marx was right on that point and you need look no farther than this thread to see it. Marx predicted it would cause revolution - that would be blood shed. Need I say more.

[XBob]

286 - "If you have $25,000 in debt and make $50,000 a year; you are still going to have the same debt, and the same income rate."

Not if you are paid in Euro's, and you agree to pay back $50k, and it now your salary is worth $1.25 for each euro, it becomes easier to pay off as the dollar devalues against the euro.

[Havoc]

You know what they say about assumption...