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Sinking Currency, Sinking Country
World Net Daily ^ | 11/02/07 | Pat Buchanan

Posted on 11/02/2007 5:23:12 AM PDT by Thorin

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To: 1rudeboy

Our ag sector is only 0.9% of our GDP.


161 posted on 11/02/2007 7:54:19 AM PDT by texastoo ((((((USA)))))((((((, USA))))))((((((. USA))))))))
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To: am452
When is China going to start building their manufacturing plants in the US??

When they actually own the design of a product that we want to buy that happens to also be manufactured by American corporations. Things like cars or cranes or commercial planes. We don't make cheap little kids toys, we just buy the ones that we think our kids will like.

162 posted on 11/02/2007 7:54:26 AM PDT by DungeonMaster (Al Gore, the Jessie Jackson of weather.)
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To: Toddsterpatriot; hedgetrimmer
You think taxes expand the US economy? Which government agency do you work for?

Good question. Hedge doesn't even understand that companies and governments don't pay taxes; consumers and citizens do. Sounds a lot like the mindset, such as it is, of a person wholly dependent on government. I think you've uncovered her connection to CISPES.

163 posted on 11/02/2007 7:55:23 AM PDT by Mase (Save me from the people who would save me from myself!)
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To: ChiefJayStrongbow; remember
The falling dollar would only make us more competitive in the world if we were energy independent. Because 60% of our trade deficit is related to energy imports,

Closer to 36% of the deficit last year.

Source

164 posted on 11/02/2007 7:55:44 AM PDT by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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To: 1rudeboy

In what is seen by many as a politically significant shift in strategy towards high-tech exports, the move into the growing Chinese market looks set to ruffle some feathers in Washington.

The Financial Times reports that Congress is said to be concerned by China’s growing influence on the US economy.

The plant is the first of its kind in Asia and will be located on the coastal city of Dalian with up to 1,500 workers expected at the site.

Intel is said to have gained a US export licence to manufacture older technology chipsets with circuit widths of 90 nanometres, despite some political opposition.

US rules normally restrict the export of technology that has potential military capabilities.

Speaking about the new wafer fabrication plant, technology analyst Rob Enderle told the Financial Times: “You’ve got to assume what they put in there will probably not be 90nm. That is just to get them started. What they will end up building will be more advanced.”

Intel already makes 65nm processors and is expected to reduce sizes to as little as 32nm by the time the Dalian plant begins production in the first half of 2010.

Negotiations between Chinese officials and the world’s largest semiconductor maker took several years before the plant was formally given the go ahead in February this year.

An announcement confirming the deal was made at a news conference in Beijing last night. ®


165 posted on 11/02/2007 7:55:51 AM PDT by durasell (!)
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To: ChiefJayStrongbow
The falling dollar would only make us more competitive in the world if we were energy independent. Because 60% of our trade deficit is related to energy imports, and because energy imports become more expensive as the dollar decreases in value, the dollar decrease just means that the % of the trade deficit that is due to energy will increase. WE ARE SENDING MORE $$$ TO THE PEOPLE THAT HATE US!!

And OPEC and China will continue to sponsor the enviro-whackos so that we will never become energy independent.

Well stated
It's the oil/energy imports that are killing us these days. Our China trade deficit takes a back seat 

The eco-wackos are killing us. We have colossal reserves of clean Western coal to dig up and make into electricity. If we really had balls we would be setting up pilot plants for coal conversion into diesel, jet fuel and kerosene. 

But we have no leadership in Washington. We didn't win WW2 with free markets. We mobilized and that's what we need to do against Islam and for energy independence

166 posted on 11/02/2007 7:57:51 AM PDT by dennisw (Four and a half acres of sovereign U.S. territory,anytime,anywhere ---- US aircraft carrier)
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To: the invisib1e hand

>>Yeah, about like martin luther did.

Naive drivel pandering to people’s naivete.<<

Aint it the truth. Both men exposed to the truth to the ignorant an naive.


167 posted on 11/02/2007 7:58:10 AM PDT by RobRoy (Islam is a greater threat to the world today than Nazism was in 1938.)
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To: Mase
I think you've uncovered her connection to CISPES.

She didn't even respond to my comment in post #125 about her citizenship. She could be a South/Central American radical. It could explain her love for CISPES and other Communist movements.

168 posted on 11/02/2007 7:58:17 AM PDT by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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To: ChiefJayStrongbow

Good post! It explains alot to the FTs.


169 posted on 11/02/2007 7:58:20 AM PDT by texastoo ((((((USA)))))((((((, USA))))))((((((. USA))))))))
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To: am452

Where are they assembled now? What makes you think they would move all that infrastructure elsewhere? Would you vote to empower government to force them to do something that may not be in their best interest?


170 posted on 11/02/2007 7:58:26 AM PDT by Mase (Save me from the people who would save me from myself!)
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To: durasell
Let's try and stay focused here. What level of tariffs (or value of the dollar) would make you happy with Intel's new plant in China?

If there is no tariff-level or dollar-value that would make you happy, then the problem isn't tariffs or the dollar, now is it?

171 posted on 11/02/2007 7:59:12 AM PDT by 1rudeboy
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To: Thorin
"And there is an element of comedy in seeing the United States going to Beijing to borrow dollars, thus putting our children deeper in debt, to send still more foreign aid to African despots who routinely vote the Chinese line at the United Nations."

Pat nails it.

172 posted on 11/02/2007 8:00:04 AM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: texastoo

What kind of nonsense is that? Consider what you just wrote: you think free-traders don’t understand we import oil? What does the word “trade” mean?


173 posted on 11/02/2007 8:02:02 AM PDT by 1rudeboy
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To: 1rudeboy
That must come as a shock to the folks at Procter & Gamble.

Detergent is manufacturing? /willie green off

174 posted on 11/02/2007 8:02:07 AM PDT by Mase (Save me from the people who would save me from myself!)
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To: durasell
In what is seen by many as a politically significant shift in strategy towards high-tech exports, the move into the growing Chinese market looks set to ruffle some feathers in Washington.

The Financial Times reports that Congress is said to be concerned by China’s growing influence on the US economy.

The plant is the first of its kind in Asia and will be located on the coastal city of Dalian with up to 1,500 workers expected at the site.

Intel is said to have gained a US export licence to manufacture older technology chipsets with circuit widths of 90 nanometres, despite some political opposition.

US rules normally restrict the export of technology that has potential military capabilities.

Speaking about the new wafer fabrication plant, technology analyst Rob Enderle told the Financial Times: “You’ve got to assume what they put in there will probably not be 90nm. That is just to get them started. What they will end up building will be more advanced.”

Intel already makes 65nm processors and is expected to reduce sizes to as little as 32nm by the time the Dalian plant begins production in the first half of 2010.

Negotiations between Chinese officials and the world’s largest semiconductor maker took several years before the plant was formally given the go ahead in February this year.

An announcement confirming the deal was made at a news conference in Beijing last night

To sell in China Intel has to open up a plant there and share technology

Beyond "sharing" technology the Chinese will be stealing technology from the shop floor and everywhere they can in that factory

It's the cost of doing business in ChiCom land

175 posted on 11/02/2007 8:03:06 AM PDT by dennisw (Four and a half acres of sovereign U.S. territory,anytime,anywhere ---- US aircraft carrier)
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To: Cringing Negativism Network
But stop defending the morons who export jobs to the lowest bidder.

I am a programmer.

I’ve seen a (lot) of co-workers walk out, carrying their things in a box. For 10 years now.

Wave, after wave of layoffs. Those jobs are gone - outsourced. Those talented former tech geniuses, now doing whatever they can find.

Forever.

It’s happening.

Open your eyes

Stop whining. You sound like a 1950s union steward, or Sally Fields in one of her godawful movies from the 80s.

The fact is that there are people in the world who will do your job for less money. Unless you can suggest a reason why someone should pay you more money, businesses are going to gravitate to the lower cost.

Would you buy your TV at Best Buy if Wal Mart had the same thing for $200 less?

I didn't think so.

176 posted on 11/02/2007 8:03:29 AM PDT by IncPen (The Liberal's Reward is Self Disgust)
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To: Toddsterpatriot
Sorry, none of my friends are Chinese or Communist.

LOL, they're worse than that! They're "free traders" LOLOLOL!
177 posted on 11/02/2007 8:04:08 AM PDT by hedgetrimmer (I'm a billionaire! Thanks WTO and the "free trade" system!--Hu Jintao top 10 worst dictators)
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To: IncPen
>>>>>The fact is that there are people in the world who will do your job for less money. Unless you can suggest a reason why someone should pay you more money, businesses are going to gravitate to the lower cost.

Patriotism used to be a sufficient reason to keep jobs in the United States. That it no longer is is a mark of how far we have fallen.

178 posted on 11/02/2007 8:06:50 AM PDT by Thorin ("I won't be reconstructed, and I do not give a damn.")
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To: Mase
What makes you think they would move all that infrastructure elsewhere?

Check post #109.

179 posted on 11/02/2007 8:07:16 AM PDT by texastoo ((((((USA)))))((((((, USA))))))((((((. USA))))))))
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To: hedgetrimmer
You’re not even an American citizen, are you?
180 posted on 11/02/2007 8:08:43 AM PDT by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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