Yes, I heard about this on the dreaded Glenn Beck program; I'm glad someone is covering it. I thought this was a big mistake. Am I overreacting or was this another miscue by the administration?
Exactly what I was thinking, lewy. We'll be selling China all SORTS of favors, including our freshly-bailed-out car manufacturers, so they can go create jobs in China. Oh, and Brazilian oil drilling, so that Brazil can sell their oil to China, not the US.
If we had a Republican in the Oval Office they would do precisely what Obama is doing, since no one makes it to that position anymore but they are already bought and sold by Wall Street et al. Obama is just a combination front ma/puppet/whipping boy.
I'm actually working on a Not Made In China post, it'll be a while. Yes, I can imagine. First you will need to FIND something Not Made in China. Then post about it ;O)
monkeyweather, I remember talking to Fay about this; they have gone to extraordinary lengths not to buy MiC. I'm trying to follow suit but, whew, it's not easy. I realize I'm so pleased when I look at a tag that says "made in India" :-)
I'm also suspicious when it doesn't list where made, only "assembled in USA". pffft
hehe :O) I thought about deleting and reposting with an N in it, but figured you'd work it out :OP I heard a new word the other day, describing the growing number of people who not only buy American but will only eat food grown locally: LOCAVORES.
Loved that. I'd like it even better if the local produce was located in my yard. Hey, my tomatoes produced their last mater just this week. That's a record for me. Usually they are dead as a doornail come October.
I'm going to go out on a limb and say that China is (at this moment) not the threat they were before our financial crisis. Now they are so entertwined in our national outcome that they are more nebulously in the enemy camp.
Don't think I'm blowing them off, I'm completely not. But China has a lot more to risk, and a lot more in the game now. In a way the financial crisis has neutralized some of the risk from them.
I realize this might not be a popular analysis (and I don't have any extra special sooper sekrit powers or anything), but that's just my take.
Not that it means we should stop watching them - but I'm just saying as far as worry levels go...
I'm also not nearly as coherent as I was before I had to give up coffee.
I think you make a good point, AFW. I would only add that ideology can at times override economic self-interest. Not only on an individual basis but nation states as well.
And then there's Taiwan. Plus the other disputed territories/islands in the South China sea. That's the fuse that will ignite turmoil. And that all depends on how far China wishes to press things. China's modernizing and enlarging of their sea going navy worries me.
I think that Russia is acting more aggressively than China. For the moment. Plus, we totally gave them tacit approval to be bastards in the Georgian situation (have they left yet? Um. No.).
Ideology can certainly override economics, but I don't think they will in this case. Not for a long while, anyway.
**me talking out of my rear end using my extra special prognostication powers**
True, Russia is overtly acting more aggressively than China. But it can only do so on its borders, witness, as you mention, Georgia. Russia has no strategic means of force projection beyond its borders. I'm not saying that there aren't other means that Russia can and does use for manipulation of global influence. But to me Russia is of much less consequence than China building a navy that can stand toe to toe with us in the South Pacific.
Guess we'd better start having dim sum for lunch and learning Mandarin.
ReplyDeleteSounds like not such a good plan to me, but what do I know.
Love the picture florrie, tehe.
I'm actually working on a Not Made In China post, it'll be a while.
ReplyDeleteChinese funding is needed until the Obama takeover is complete. Wouldn't want a bond crisis interrupting the big bailouts.
ReplyDeleteFlorie, "Miscue" and "This administration" are synonymous.
ReplyDeleteOT: I am in IE right now. Yes, I still have my "first post not posting" problem. I also notice that IE does not show mis-spellings that Safari does.
Exactly what I was thinking, lewy. We'll be selling China all SORTS of favors, including our freshly-bailed-out car manufacturers, so they can go create jobs in China. Oh, and Brazilian oil drilling, so that Brazil can sell their oil to China, not the US.
ReplyDeleteIf we had a Republican in the Oval Office they would do precisely what Obama is doing, since no one makes it to that position anymore but they are already bought and sold by Wall Street et al. Obama is just a combination front ma/puppet/whipping boy.
I'm actually working on a Not Made In China post, it'll be a while.
Yes, I can imagine. First you will need to FIND something Not Made in China. Then post about it ;O)
"front ma"
ReplyDeletetee hee
monkeyweather, I remember talking to Fay about this; they have gone to extraordinary lengths not to buy MiC. I'm trying to follow suit but, whew, it's not easy. I realize I'm so pleased when I look at a tag that says "made in India" :-)
I'm also suspicious when it doesn't list where made, only "assembled in USA". pffft
hehe :O)
ReplyDeleteI thought about deleting and reposting with an N in it, but figured you'd work it out :OP
I heard a new word the other day, describing the growing number of people who not only buy American but will only eat food grown locally:
LOCAVORES.
Loved that. I'd like it even better if the local produce was located in my yard. Hey, my tomatoes produced their last mater just this week. That's a record for me. Usually they are dead as a doornail come October.
I'm going to go out on a limb and say that China is (at this moment) not the threat they were before our financial crisis. Now they are so entertwined in our national outcome that they are more nebulously in the enemy camp.
ReplyDeleteDon't think I'm blowing them off, I'm completely not. But China has a lot more to risk, and a lot more in the game now. In a way the financial crisis has neutralized some of the risk from them.
I realize this might not be a popular analysis (and I don't have any extra special sooper sekrit powers or anything), but that's just my take.
Not that it means we should stop watching them - but I'm just saying as far as worry levels go...
I'm also not nearly as coherent as I was before I had to give up coffee.
I think you make a good point, AFW. I would only add that ideology can at times override economic self-interest. Not only on an individual basis but nation states as well.
ReplyDeleteAnd then there's Taiwan. Plus the other disputed territories/islands in the South China sea. That's the fuse that will ignite turmoil. And that all depends on how far China wishes to press things. China's modernizing and enlarging of their sea going navy worries me.
Chinese funding is needed until the Obama takeover is complete. Wouldn't want a bond crisis interrupting the big bailouts.
ReplyDeletePretty much the same thing I was going to say.
I think that Russia is acting more aggressively than China. For the moment. Plus, we totally gave them tacit approval to be bastards in the Georgian situation (have they left yet? Um. No.).
ReplyDeleteIdeology can certainly override economics, but I don't think they will in this case. Not for a long while, anyway.
**me talking out of my rear end using my extra special prognostication powers**
True, Russia is overtly acting more aggressively than China. But it can only do so on its borders, witness, as you mention, Georgia. Russia has no strategic means of force projection beyond its borders. I'm not saying that there aren't other means that Russia can and does use for manipulation of global influence. But to me Russia is of much less consequence than China building a navy that can stand toe to toe with us in the South Pacific.
ReplyDelete