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Date Posted: 03:36:19 08/11/11 Thu
Author Host/IP: 98-159-200-219.scottsboro.org/98.159.200.219
Post 281 A: As Predicted, continued
Well, as I sit here I wonder about the state of the world. The problems are so simple it's mind boggling. However, what makes things difficult is people such a conservative think-tank gurus such as one I saw on CSPAN much earlier today. A caller called in a said "there are an finite number of jobs in the U.S." This think-tank moron says "no there's not."
There is a finite number of jobs because there is a finite number of people and a finite number of employers. As a matter of fact there is a much less number of employers now then there was twenty years ago due to NAFTA and GATT. This was Bill Clinton and Al Gore's baby. It was almost pushed through Congress by George H.W. Bush before Clinton. George couldn't get it through so Bill, the stalking-horse for the Republicans, pushed it through for them.
The caller went on to intelligently state that the reason jobs are hard to find is because there are to few jobs because so many have been taken out of the United States and fewer jobs and too many people was the new reality. The moron being interviewed on CSPAN said "no, it's not." He suggested the problem was because there is too many regulations on business in the U.S.
It's interesting to watch an average, sane person say, "the grass is green." Then watch a stooge working for big corporations say, "no it's not, the grass is blue."
This is the big business answer to everything. It's always "Give us more freedom to mess-up things worse then we already have." The reason we are in this mess was because of de-regulation under George W. Bush.
Corporation ran to China during Clinton and George W.s administrations. George W. waved a flag and called the American business exodus to China, India and South Korea and the unemployment of American Workers patriotic. After 9/11 he called anyone who disagreed with his policies a traitor. That's odd, it would seem to me these business leaving U.S. shores are traitors. But that's just me, and what do I know?
In the late 1960s or early 1970s China played the 'MAD MAN CARD.' If there's a weapon that exists, the person who is willing to use it in the most extreme measure emerges the winner. China's Deng Xiaoping made a vailed threat to the west. That China was so broke they were going to have to start selling nuke weapons technology to third world nation and terrorist nut jobs. The wealthy in the west, which included politicians, peed their panties. They said "ho no, don't do that! We'll help you." Then they realized if they moved U.S. business to China they could avoid U.S. taxes and pollution controls, also workers right issues.
Which brings up the question. If China was so broke, where did they get money to loan to anybody, let alone how many billions they supposedly have loaned to the U.S.? The simple truth is business wanted to expand. They would have told the public that they borrowed the money from leprechauns in a hollow tree in Ireland if they could have gotten away with it. But, China seemed more believable. In truth it was a sham. It was just money on paper only in the beginning. Business grew at 10% to 15% a year which is phenomenal considering business growth in good time is only 3% to 5% a year average.
Thus what was had was a business bubble. And, as all bubbles do, they eventually burst.
Well, that's all the time I have in this round. Until next time, be safe.
End post 281 A: www.voy.com/40560/
teltalheart=Michael D. Barnes, date and time is now Thursday August 11, 2011 3:34 am central standard time.
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Post 281 A: As Predicted, continued