patrick.net

That's damn good propaganda.

The ad is clearly focused on the Teabag platform, the health reform was a dead giveaway.

"Turn their back on the principles that made them great"
"America tried to tax and spend itself out of a depression"
"Enormous so-called 'stimulus' spending"
"Massive changes to health care" [HEALTHCARE DEBACLE]
"Government takeovers of private industries"
"And crushing debt"
"Which the Red Chinese now own"

http://www.sourcewatch.org/index.php?title=Citizens_Against_Government_Waste

Just more corporate agit-prop bullshit pushed into peoples' brains. The corporate seed money behind this is all for globalization and the destruction of the middle class. The comfy position of the American middle class is going to get rammed good and hard pretty soon now.

All corporations want is happy customers and cheap labor, and they don't need the American people for that -- we are just 4% of the global population.

Unfortunately, we have this pesky democratic government that can do business-bad things like the Tobacco lawsuits and the Microsoft anti-trust witch-hunt, two things this particular communications organization has fought against in the past.

The Chinese know this is all bullshit and that our corporations are perfectly happy with the status quo. Our masters, like Perot said in 1992, would rather have the world making $6/hr than Americans making $50 and Chinese making $1.

But you've got to be very well educated to see through the bull.

I don't have any answers wrt the China trade problem, other than tariffs based on the trade imbalance between us.

The tough thing is that in the short term we do in fact benefit from all the cheap Chinese-made goods we're getting. $25/hr labor costs add up quick for consumer products.

I'm also not a big fan of the stimulus spending. But in its absence I know we'd be still falling into Hooverville-like conditions. The wealthy of this country do not mind this actually, people like Buffet with sterling balance sheets can pick up great wealth for less than pennies on the dollar in financial blow ups.

Speaking of Buffett, guess what the Burlington Northern - Santa Fe tracks connect?

Hint: One end is rooted in the nation's bread basket and the other is all our China-facing ports.

Some great parodies of the ad were done:

http://blogs.wsj.com/chinarealtime/2010/10/26/chinese-treatment-for-anti-china-ad-parody/

and

http://www.youtube.com/watch?v=LCD5gzG511c

The JPY was 360 for most of the pre-Plaza regime, now it's 80. I think the yuan will follow a similar trajectory.

When the yuan goes to 3 the Chinese will be able to buy TWICE as much stuff from us. Buffett made an easy play to get a piece of that action.

As for the ad, the point isn't to demonize the PRC, it's to accuse the Congress of selling the nation out to the foreigners. The parody on vimeo did a pretty good job pointing that out.

The strategic goal with this ad is to just boot the Dems out of power, preferably with no more judicial appointments and all that 'advice and consent' jazz though it looks like the Teatards shot themselves in the foot with that (fingers crossed).

I don't think the general "bear" case on the US is that hard to put together, so I don't see why the Chinese leadership would not be able to see the jam we're all in. Like OPEC, they know they have to milk us and not kill us.

If we're all working for the Chinese, does that mean that unemployment isn't a problem anymore?

Heaven is an American House, a German Car, a Japanese Wife, a Chinese Chef, and an British salary.
Hell is a German Chef, Japanese House, American Wife, a British car, and a Chinese salary.