Posted on 12/15/2012 8:42:59 AM PST by Kaslin
The big problem is that BOTH parties are lying.
The GOP are offshoring every job they can offshore.
The Dems are not (quite) as actively offshoring, but are attacking things from the other side with strikes.
How about someone stand up for Americans for a change?
This has gone on now for nearly two decades. Stop it.
Bring back American jobs.
Yet another Hidden in Plain Sight.
The Fed portolio of government debt is too big to be sold off in the foreseeable future.
Ergo, Congress is spending money that is ultimately not tax revenue, it’s not really “borrowed” (because it can’t be repaid) so it is, in effect, just like printing money and spending it.
Americans need to be informed and educated on this.
The capital markets establishment elites want the game to continue which makes the money bubble grow - they want this because they are comfortable themselves, they are intellectually lazy and they are not significant owners of the banks and other businesses that they manage (the mega-banks are publicly-held), they are just highly-compensated employees.
That can never happen. We've globalized ourselves and there is no return.
All of those foreign and exchange students we've have in our universities go back home and use our technology to advance their economies. The internet now allows commerce on a world wide basis.
Even China has now joined the economic competition. We will be hard pressed to keep up with the leaders.
Instead of the climate and nuclear concerns we should be working on treaties about patent and copyright protections in order to maintain a level playing field.
Regardless of what clever language (e.g., quantitative easing, bond purchases, etc.) the Fed uses to describe its hyper-accommodative monetary policy it all gets down to the simple matter of printing lots of money, which de-values our currency and distorts market pricing mechanisms. And consider that the Fed produces nothing yet has a balance sheet approaching $4 trillion dollars. This futile exercise in central planning is complete insanity.
“The capital markets establishment elites want the game to continue”
***********
Of course, they don’t want the game shut down. They are having too much fun winning money in the government run casino.
I disagree.
More strongly every day.
We need a concerted effort, from our government on down, to protect AMERICAN jobs.
Now.
This is beyond critical. We are about to collapse.
Everything is in place.
Turn it around! Now.
How does an ordinary person economically protect themselves?
Too bad nobama disagrees with everything you want.
He’s working hard to oppose all of that.
So why is not our side, advocating all of that?
That is my unanswered question. The GOP is absent.
Where is the GOP???
Farm land, gold, silver and seeds lots and lots of seeds.
Ooops I forgot guns and ammo too. Lots and lots of ammo.
Holed up in the far corner, with their eyes tight shut and their hands over their ears.
Evoking lyrics from the famous song by The Eagles, he said he feared the Fed would be able to "check out anytime you like, but never leave."
Wait until he gets a load of Obama's economic policy, called "A Horse With No Name".
Temporarily. People who follow industrial-commodities prices and seaport activity (large bulk cargo-carriers are riding idly at anchor in a number of Chinese ports, unable to offload because their receiving customers have had their letters of credit pulled) are telling us that the Chinese economy is about to come to a crashing halt.
Dude, stop talking like a Democrat. There is no level playing field. You play the hand you're dealt and American business has been handed a bad one.
Patent and copyright protections play a part, but inflation, taxes, and regulations are all controllable, too.
Oh, by the way:
The internet now allows commerce on a world wide basis.
That's a good thing.
We cannot compete with other countries on labor cost. Our advantage is innovation and R&D. If other countries are able to use our research to make products cheaper than we can I don't see how we will compete.
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