patrick.net

bumper

Obama visits China

lol !!

This was pretty well done. Over the past 15 years Americans have bought lots of stuff from China, such that most things we buy are made there now. Not sustainable and the end game is unknown. Thinking about it makes my head hurt.

Troy says

This was pretty well done. Over the past 15 years Americans have bought lots of stuff from China, such that most things we buy are made there now. Not sustainable and the end game is unknown. Thinking about it makes my head hurt.

have a look at this interview http://video.google.com/videoplay?docid=5064665078176641728#

Bankstere Originale says

Troy says

This was pretty well done. Over the past 15 years Americans have bought lots of stuff from China, such that most things we buy are made there now. Not sustainable and the end game is unknown. Thinking about it makes my head hurt.

have a look at this interview http://video.google.com/videoplay?docid=5064665078176641728#

This was a deep conversation right around the 6:00 minute mark.

Geez....around the 10 minute mark he went on to say that we are destabilizing our society and creating a servant society in which the people serve the industries.

Thanks for sharing, this has been my point on these threads all along.

It is now apparent the Clinton, Bush administrations were jokes....still waiting to see if Obama is going to bring the change he spoke of or if he was only referring to pennies on the dollar.

At the 15:00 minute mark Clintons flunky spoke about the benefits of cheaper products, however, I always say what is the value of cheap products if you dont have a job.

Hee, hee... its funny because its true.

35:00 minute mark he discusses our excessive desires to reduce costs will create 2 billion refugees in developed countries.

This from a guy worth 5 billion dollars...it was not in his best interest to speak against WTO/GATT/NAFTA because he openly admitted this benefitted the rich.

"The poor people in rich countries willl finance the rich people in poor countries."

4X says

35:00 minute mark he discusses our excessive desires to reduce costs will create 2 billion refugees in developed countries.
This from a guy worth 5 billion dollars…it was not in his best interest to speak against WTO/GATT/NAFTA because he openly admitted this benefitted the rich.
“The poor people in rich countries willl finance the rich people in poor countries.”

I think hes acting out of a complex family situation. Note that he is half French half British. GATT et al. affected France and UK in very different ways. But yes, the interview is great.

It's astounding how many times I hear:

NOBODY could have seen this coming.

Well, some actually DID see it coming, and DID try to tell you.

The knobs responsible for this mess just didn't want to listen to
what they labelled doomsayers and crackpots.

I think Sir James Goldsmith is speaking from PRINCIPLE not
pure self-interest. It may be rare these days, but....

Sir James specifies his reasoning:
I am ENTIRELY for free enterprise, and free markets.
I'm not for the destruction of one's society.

Personally I don't want to live in a 3rd-world hellhole and be
the richest pig with a pampered life. I feel sometimes I am in
the minority in this, in wanting to see everyone's lives elevated, not
just MINE at the expense of everyone else. I believe the majority
of the oligarchy whether it is consciously or not, want precisely to
be the "most equal" of all pigs and to hell with everyone else.
Their decision-making definitely reflects it. This quarters
profits & dividends rule and to hell with the long-term.

Vicente says

It’s astounding how many times I hear:
NOBODY could have seen this coming.
Well, some actually DID see it coming, and DID try to tell you.
The knobs responsible for this mess just didn’t want to listen to

what they labelled doomsayers and crackpots.

Those same people thinks "The Recession" is over. Those same people whisper "Double dip" every time Dow goes 40 points south. Oblivious that the economy has been flat lined for two years. Any action in the Market coincides with the Dollars dip and rise.
... Simple print more dollars to shore up a floundering market, dollar becomes toast.
Remove those dollars from the market, the dollar gets strong and market jolts violently.

I've never felt smarter for just saving. There is going to be some old fasioned "Goat and a Chicken" rags to riches stories. For those that are just keeping it liquid.

And I tell ya another thing, for all of those would be retirees and 401K dead end job working stiffs, that took it on Chin in 07, if they don't pull their money out of the market on or before the market hits 12000. I don't want to hear their sob stories, when it tanks back down to 6000 to 7000 again. We have not had two years of growth, we've had two years of padding the numbers. Take it while you can you lucky bastards, I'm not going to sit and listen to sob stories, when that day comes.