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| The economy, is it good or bad. (Page 5/181) |
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Toddster
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JUL 29, 01:47 PM
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| quote | Originally posted by Uaana:
Bill, sometimes I worry about you..
You'll let us know if you start writing a manifesto and start wearing sunglasses and a hoodie right?
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Too late!
As for the "doing great" part. Yes, we are strong but I reiterate how concerned I am about the National Debt. Debt financing is good for a while but in the end it will lead to fiscal instability if we have a crisis that is catastropic enough. We have a very thin safety margin right now if we absorb another Katrina/Rita 1-2 punch. a major Caifornia Earthquake, for example, could crimple this country. Louisiana is a small economic contributor by comparison. If California slows down, we could be in serious trouble. So even though things are fine right now, I want a bigger safety net than we have.
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Uaana
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JUL 29, 04:49 PM
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I understand your concern Todd. but Katrina wasn't all that bad.. I know we've been deluged with endless pleas to help the "katrina survivors".. but the heavy tech/oil/industry rebuild/repaired/ or moved within 6 months.. Sorry sounds callus but nobody really cares about rebuilding slums and ghettos. Too many ppl got bit by bringing "refugees" into their homes only to find they had adopted welfare squatters.
That said.. worst hit we've taken was 9/11.. shut down all of our financial district for the better part of a week. With new redundancy.. not really an issue anymore.
and sorry.. not trying to step on too many toes.. but the World Trade Center droppped.. 2 massive buildings that employed close to 50k ppl. Both brought down along with numerous buildings along side.. Business was back in 2 days! I'm still hearing about "relief" for katrina victoms" Sorry.. you had a flood.. move the f on. Want sympathy.. why did you reelect an idiot like Nagin? He left you sitting there to die while 200 buses sat idle. Sorry.. i'm guessing most of you are too stupid to breed/live anyways.
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Uaana
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JUL 29, 04:51 PM
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BTW to Mistress and others.. that wasn't a personal slam
sorry.. and really sucks what you had to go through.
Rant was targeted to the looters/whiners that sat there and did nothing but ask/expect the gov't to bail them out.
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84fiero123
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JUL 29, 08:08 PM
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http://money.excite.com/jsp...ews_id=ap-d8qme2i00&
U.S. Treasury Secretary Visits China

Sunday July 29, 2:48 PM EDT
BEIJING (AP) — For months, U.S. lawmakers have warned Treasury Secretary Henry Paulson that patience was wearing thin as his economic dialogue with China failed to produce breakthroughs on currency and other disputes.
Now, as he meets this week with Chinese leaders, Paulson faces new pressure in Congress, where legislators have proposed measures that would punish Beijing for manipulating its currency.
"The problem is, there is very little they can do in the immediate future that will make Congress happy," said Andy Rothman, a China strategist for investment bank CLSA.
Paulson is due to hold talks with President Hu Jintao and other officials on the "strategic economic dialogue" launched by the two governments last year to deal with tensions over China's swollen trade surplus and other issues. The secretary also is to meet with Vice Premier Wu Yi, who leads the Chinese side of the dialogue.
I wonder if this could have anything to do with it. Or is it just me who thinks they are flooding us with crap that is toxic, as well as built by prisoners, and child labor.
How can any country compete with this kind of BS. They allow trash products, illegal copies of our own products in the software area.
I just think we are looking at this Global Economy crap in the wrong way. If a country like China can manipulate their own money what chance does anyone have when trading with them.------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.
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Uaana
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JUL 29, 09:01 PM
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John Birch sounds like a great idea.. but what is your alternative? Should the US only purchase US goods? can we compete / exist completely independant of the rest of the world?
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84fiero123
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JUL 29, 09:18 PM
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| quote | Originally posted by Uaana:
John Birch sounds like a great idea.. but what is your alternative? Should the US only purchase US goods? can we compete / exist completely independant of the rest of the world? |
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How about not allowing any imports from China.
Think they would get the idea?
Probably not. They are not allowing anything in, taxing what does go in and limiting American companies access, to their markets.
Why can’t we do that to them?------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.
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Scott-Wa
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JUL 29, 09:32 PM
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That's how our government was originally funded, the taxes on the people is the newcomer idea... shifted the cost of government from importers wanting to sell stuff here of onto the people.
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Uaana
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JUL 29, 11:14 PM
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| quote | Originally posted by 84fiero123:
How about not allowing any imports from China.
Think they would get the idea?
Probably not. They are not allowing anything in, taxing what does go in and limiting American companies access, to their markets.
Why can’t we do that to them?
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Sounds good.. you're ok paying $2 more for everything right?
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84Bill
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JUL 29, 11:42 PM
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| quote | Originally posted by Uaana:
You'll let us know if you start writing a manifesto and start wearing sunglasses and a hoodie right?
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I did, it's called Old Glory.
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84fiero123
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JUL 30, 06:42 AM
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| quote | Originally posted by Uaana:
Sounds good.. you're ok paying $2 more for everything right?
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If it will keep the crap, toxic, child labor, junk from China out of this country until they start following the rules the rest of the free world live by sure.
Why you think its OK for them to do what they are doing? ------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.
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