Posted on 12/02/2011 6:56:45 AM PST by Libloather
China drift toward more state control "troubling": U.S.
By Doug Palmer | Reuters Wed, Nov 30, 2011
WASHINGTON (Reuters) - The United States on Wednesday criticized China for backing away from free market reforms and moving toward more state control of its economy as Beijing approaches the tenth anniversary of its entry into the World Trade Organization.
"China seems to be embracing state capitalism more strongly each year, rather than continuing to move toward the economic reform goals that originally drove its pursuit of WTO membership," U.S. Ambassador to the WTO Michael Punke said in remarks delivered in Geneva and made available in Washington.
"This is a troubling development, and the United States urges the Chinese government to reconsider the path it is on," Punke said.
(Excerpt) Read more at news.yahoo.com ...
Pot . . . . . kettle . . . . . . .
That was a sarcastic lede, right?
This administration is troubled by MORE government control?
Look at the bottom of this post from Zero Hedge on The Fed’s call for MORE intervention!!!!!!
“It’s Beginning to Look A Lot Like Christmas ...” Unemployment Falls to 8.6%, Labor Force Participation Falls to 64% - Greece Today’s Winner of the “Bailout Bowl”
http://confoundedinterest.wordpress.com
Another attack on capitalism.
"The flood of misinformation, misrepresentation, distortion, and outright falsehood about capitalism is such that the young people of today have no idea (and virtually no idea) of its actual nature. While archeologists are rummaging through the ruins of millenia for scraps of pottery and bits of bones, from which to reconstruct some information about prehistorical existence - the evemts of less than a century ago are hidden under a mound more impenetrable than the geological debris of winds, floods, and earthquakes; a mound of silence."
From Ayn Rand's "Capitalism, the Unknown Ideal."
Sorry .. That's a typo ... shouuld read
(and virtually no way of discovering any idea)
What gets me is I don't hear the Republicans POTUS candidates talking/debating seriously about trade with China, and I don't mean Trump talk either.
That’s a keeper.
“State capitalism” is a euphemism for economic fascism. All “mixed” welfare state economies follow the economic fascist model to some degree. China is just a little ahead of Europe, and Europe is just a little ahead of us.
"400 million doing OK now, but 800 million Chinese $1200/year income won't jump to $70,000-plus/year until Saturday at the earliest," said a pundit.
“drifting” - China is and for around 70 years been completely state controlled - to the max!
While Andy SEIU, one of BHO’s chief econ advisors and overlord, writes a WSJ OpEd yesterday that the USA should be MORE like the ChiComs and have MORE state central planning. BHO has such disdain for the American people, it’s beyond comprehension.
There’s are a myriad of issues not being discussed. Instead we’re dealing with this nilist “gotcha” mentality. The last Cain bimbo eruption almost got me to give up on Cain. The RINOs and their demrat Marxist controllers almost had me going.
I would prefer a saintly conservative for a president. Bachmann and Santorum seem to be clean of sub rosa sexual affairs—so far. I don’t believe anything the first 8 bimbos said. Jury is out on White.
Even if that turns out to be a provable Cain transgression I’m sticking with Cain. My problem with the RINOs is that I do trust them to fix Washington or secure America. In the absense of any other info I would trust Cain, Bachmann and Santorum.
The b******* are trying to stampede us into accepting a RINO candidate. I will not vote for a RINO under any circumstances. If the GOP wants to win this election it must run a genuine conservative candidate. In other words it must come to us not us go to them. Problem: RINO-led GOP is an instrument of the demrat party. I don’t see the demrats allowing a genuine conservative on the GOP ticket. The attempted high-octane lynching of Cain demonstrates this so.
At least one Freeper has captured my mood: Up your a** GOP.
Andy Stern's article was my first thought as well when I read the thread headline.
Mr. Stern was president of the Service Employees International Union (SEIU) and is now a senior fellow at Columbia University's Richman Center.
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