"Jobs? Jobs? Americans don need no steenkin jobs."
Posted on 06/14/2007 4:43:45 AM PDT by familyop
...related.
China says U.S. remarks on its military irresponsible
http://www.freerepublic.com/focus/f-news/1849965/posts
Don’t blame the WH. They know what Wall St. knows: China holds all the cards. If China were to get pissed off and dump our bonds, we would be in serious trouble.
"Jobs? Jobs? Americans don need no steenkin jobs."
That’s true. The WH only does what its favored constituents tell it to do. And when real trouble comes from China, we’ll remember our superiors who pay for those lobbies.
Now who would do those lost jobs? More illegals?
America seems to know which fights not to pick.
How would that work, exactly? The Chinese dump the share of bonds they own, at a terrible cost to themselves (and the U.S.) when interest rates rise as a result?
"America's trade deficit has soared to record levels."
It's still huge, but things are improving slowly. US exports are up.
The amount of U.S. goods and services sold to foreign countries increased in April by $247 million, to $129.5 billion, the Commerce Department said Friday; the level of imports fell by $3.6 billion, to $188 billion.
Those shifts put the trade deficit at $58.5 billion for the month - $3.9 billion smaller than it was in March.
To be sure, the trade deficit is still huge. For January through April, it was a cumulative $235.3 billion. But it is growing less rapidly, even after inflation is taken into account. In real terms, the deficit for the first four months of the year fell by 3 percent compared with the period last year.
You are forgetting that China has a massive cash surplus to fall back upon. We do not. Our spendthrift economy is more vulnerable than it seems.
So connect the dots . . . the Chinese will take a terrible hit and pay for it with the cash reserves they already pay to maintain at an articificially-level? Bear in mind that the Treasury notes are denominated in dollars.
If Mexico and China got in a war, Bush would have to just hide in a closet
Not long I would say. The breakup is coming sooner rather than later though. Im sure we will see a few states make a half-hearted attempt to secede from the union but the real fight is yet to come.
In any event, I think that the United States now has less than 5 years true lifespan left and by the year 2020 will no longer exist as it is today.
This businessman was concerned that Nixon had been SAYING that he was cooling to the idea of an opening to Red China to quell the uprising within the then very much more America-First rank and file Republican Party.
As reported years later, Nixon told the businessman
“DON’T LISTEN TO WHAT WE SAY: WATCH WHAT WE DO!"
AS YOU READ THIS, IT APPEARS THAT BUSH, PELOSI AND OTHERS ARE WELL DOWN THE ROAD TO USING THIS PAGE FROM THE NIXON PLAYBOOK!
IT APPEARS THAT DUBYA -- LIKE NIXON (and numerous others) BEFORE HIM --IS NOW “DOING” US (IN MORE WAYS THAN ONE).
Look, America – the IDEA not the PLACE – can only continue to exist if we heed the advice of the founding fathers (paraphrased here in the current vernacular for residents of Rio Linda), to wit:
“The Founding Fathers have determined that failure to WATCH politicians – ALL POLITICIANS (even those you may worship!) – is dangerous to the security of this nation and to the freedoms we paid such a heavy price to TRY to leave you and your children.”
“Yes, we did produce a near-perfect republic. But will they keep it? Or will they, in the enjoyment of plenty, lose the memory of freedom? Material abundance without character is the path to destruction.”
That from the radical right-wing, tinfoil hat wearing wacko, Thomas Jefferson.
We are in real trouble now. China makes EVERYTHING. It has become the cornerstone of our economy. We need an immediate ban on any food products and most medicines and slap tariffs on their other products. I’m all for free trade but we are losing our ability to make the basic necessities of life.
Kind of makes me glad I’m an old fart. Won’t have to live too long under the New Order.
What little support Bush had is gone.
See post 3. Wanna talk about job losses? If post 3 happened, we’d see LOTS of them.
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