American only and China

• EVERYONE! This your chance to do something about outsourcing - Please read the post below by xcooper.
  • American only and China - Long-Time MT-NY
    • Too bad...... - sm

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they would have already done it when the economic crisis hit.  We already owe them tons of money.  I think they would make out better collecting interest off us than spending their resources trying to "control" us, which would eventually lead to yet another war.  What I think should be in the bill is help for those who need it immediately (the ones who have already lost jobs and extending state funds to make budgets) and infrastructure, infrastructure, infrastructure, green job advancement.  This can't be outsourced, it generates revenue, it provides jobs, and its needed.  The more people we put back to work or keep at work, the better chance we have of paying these bills off through taxable income.

I know it looks like an enormous amount of money to be going into debt for (and it is), but at this point I don't think we have any choice.  If you want to talk national security, a depression would leave us much more vulnerable than being in debt.  Being vulnerable is not an option at this point. 

and how we can buy things so cheap at Walmart because the Chinese work for little money.  If the things we bought at Walmart were actually made here in the USA by Americans.....it would be a lot more expensive because Americans demand higher paying jobs.  That is the thing.  We are kind of screwed both ways.  Do we keep the job here in American and pay a heck of a lot more money for things we get cheap now or do we continue to keep China in business by sending our jobs over there.  Kind of a double-edge sword when you think about it. 

I personally think that we should bite the bullet and pay more for American made goods so we can keep jobs here in America.  The more we want cheaper stuff, the more we will be buying stuff made in China and the less jobs we have in America.

...which has been the biggest foreign purchaser of our Treasury bonds and notes.  Now, I see that they're also over here snapping up foreclosure properties. America is for sale.

I don't think most Americans realize that the nation would actually be declared bankrupt if normal accounting methods that are required of businesses were used by the government.  Our total forward indebtedness (which is different from "the deficit") is something like $16 trillion dollars - a sum that is greater than the combined gross domestic product of the entire world.  "Indebtedness" includes anticipated obligations under various welfare programs, Medicare/Medicaid, Social Security, and our contractual obligations represented by Treasury bonds, notes and bills - which are nothing more or less than loans we have to repay.  When you hear people talking about the Federal Reserve "selling" these instruments, they're not selling anything...they're borrowing!  If you "purchase" a $1000 Treasury bill at par value, you give the government $1000 dollars, in exchange for which you will be paid a stated rate of interest and, then at some stated time in the future the government will pay you  the face value of the bill ($1000).  In other words, you have loaned the government $1000 for a certain period of time. 

Foreign governments "buy" these instruments just like citizens do.  To make a long story short, we (the government = taxpayers = you and I, my kids, my grandkids and any kids they have)  owe the world about a $kajillion worth of these loans. 

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China leads the New World Order.

Don't believe it?  Look at Bush toasting the commie leaders... all of our trade deals with them...Who has us by the balls financially.... A huge component of the creation of the North American Union is megaports on the Western coast to accommodate huge Chinese tankers.... Look at Paulson and his ties with commie China.... The lone Republican lawmaker who voted against Berancke's confirmation says that Bernacke has extensive ties to commie China so it is a conflict of interest...

The above is just a sampling. The bottom line is that we will wind up just like China, with slave labor, before it's all over with.

Hubby was telling me last night that China's economy is now tanking because ours is.  Factory workers over there were showing up for work only to find their business had closed because of lack of orders from the U.S.  India may be next.  You never know.  I don't see it happening with MT but like I said, you just don't know.  Did you see their work days?  6 days a week and something like 12 or 14 hours a day?

I hear lip service from Nobama/Maobama about cutting taxes to bring our businesses back but don't see him acting on it.  He's a one-termer.  Carter got us in a heap of trouble which Reagan (I know union employees aren't fond of him) had to get us out of.  All Nobama is doing is having construction/building jobs sprout up here and there.  And where does the money come from to pay for his multi-trillion dollar spending?  You got it - us.  Those jobs will eventually fizzle out, our country will be poorer and those people will once again be unemployed.. 

Dems coined the phrase Voodoo Economics for Reagan's Trickle Down Economics.  Whether or not you liked the man, he did a world of good for this country.  He did cut capital gains taxes and cut taxes for the rich.  Trickle down 101:  You cut taxes for the rich, they can afford to hire more employees, more often than not, at better wages.  Unemployment is down.  People go out and spend more money because they are employed and can afford to.  During Reagan's terms in office, he cut taxes immensely yet the government took in more money.  People would much rather spend their money the way they want than have the government take it and spend it.  

Folks, we work for our government.  Our government should be working for us.  We should not live in fear of the IRS.  I attended a TEA party on April 15 and will attend more such events.  We should have a government for the people, of the people and by the people.  The protest was very peaceful and guess what?  Not a bit of litter was left to be found when it ended, like the disgrace that was left after the inauguration in Washington, DC. 

We are getting so far away from a constitutional government, it's not funny.  Actually, my opinion is that we are currently a socialist government.  You know the next step after socialism?  Communism. 

I read the most recent list of who they consider a terrorist.  Hoarding food?  Um, yep.  Better buy it now in case a depression hits.  Glad I have a breadmaker.  Wouldn't want to have to spend $50 on a loaf of bread.  Buying lots of ammo?  Sure, but then again, we do competition shooting.  Guns?  Yeah, we have our share, but variety is the spice of life (Hubby bought me a Macarov but I didn't care for the way it operated (too hard to load the mag), especially after the slide came back and sliced my thumb open 5 times, bad lacerations - my fault, was handling it wrong, so I got a Glock).  My husband is an Iraqi war vet.  That makes us both domestic terrorists.  Yet neither one of us even has the heart to even discipline our dogs.  We're both very gentle people.  Of course if someone broke into our home, we would defened ourselves. 

I'm sorry for the rant but I just don't see Nobama caring much about outsourcing.  I really really really hope I am wrong and what he is doing for our country is the right thing but I truly resent being labeled a domestic terrorist because I see us headed for a depression and am stocking up on food, and my husband happened to be in the military during the Gulf war. 

Thanks for listening. 

Indian was ***bestowed*** citizenship in 1924. Until that time I guess he would be described as an illegal. Since so many Indians had died in WWI the government was publicly embarrassed and so made the indigenous people citizens of their own land.

I don't know why I put the moccasin article on the other board. I guess, being an optimist, I thought this was 1 thing we could agree on, but alas, tis not true. I might add that $21 is incredibly cheap. Handmade moccasins made the traditional way, sewn by hand with sinew and leather strips usually cost around $50 to 75$ for the most plain design. I hope some of you will do this. It would mean more than you know.

dream but what you fail to realize is that everything this administration is trying to do will crush the American dream.  It is knocking the middle class down.  Obama was already rich to begin with.  It is the people who are in the middle bracket who are trying to reach that American dream and they can't now.  The more money they make, the more government will take away and all these taxes that the government is talking about now.....it will hurt even you whether or not you continue to keep drinking the kool-aid or not.  Wake up!!!!!

Hi American Woman!  Come on back here regularly.  We have some really good liberal posters now.  Yes, Im in CA.  The fires are all around me but havent come to the desert yet (where I am).  They have been moving towards the ocean instead (opposite direction).  With a change of the wind, though, the fires could change direction, then they would come over the Sierra Nevada Mountains to get to the desert.  About two years ago a fire came up over the mountains and you could see it from my house and the air was thick with smoke and soot.  Was quite scary..but the firefighters were able to get it out.  Yup, CA, the land of mudslides, wildfires, earthquakes, torrential rains (when it does rain..smile).  So good to hear from ya..Come on back here.  The board isnt the same without ya. :o).

something tells me we are preaching to the choir here.  See posts below.