The Chinese American People are pawns to be sacrificed at any time and in any fashion as required to achieve the goals of the Democrat/Socialist party elite.

doriangrey on February 15, 2009 at 12:28 PM

Your point was good, but here’s another.

Misery acquaints a man with strange bedfellows.
Shakespeare, William

The administration is playing a dangerous game of wanting to trash the economy enough to install a “fair” economy yet still keep it from totally collapsing. I don’t think they can maintain that balance.

genso on February 15, 2009 at 10:54 AM

Never attribute to intent that which can also be attributed to incompetence.

That is what they wanted: a regular investment with good returns. And pulling out the amount they did will in no way cover their bad debt which is highly structural in the manufacturing sector. Threaten China? By having the US economy tank on them? Why we are already doing that… and they can’t really do a helluva lot to stop it, either.

Remember in 1898 China was the world’s second largest economy, too… notice what world beaters they became? Same problem now as then: horrific poverty and inefficient manufacturing. Doesn’t matter how cheap the labor is if it is not that skilled and you need lots of it. So if you think things are bad *now* wait a few months: the fun is just beginning and no amount of bailing and putting TARPs over things will protect us.

I thought it was more that the Chinese did what they thought was best for themselves, all others be damned.

danking70 on February 15, 2009 at 4:29 PM

Perhaps, but what would you do to protect your family, even if everyone else had gone stupid?

Count to 10 on February 15, 2009 at 4:26 PM

Ha. But you see what we’re up against.

That’s a problem that can be solved by making no part of the US more union-hostile than the other.

sethstorm on February 15, 2009 at 1:34 PM

Why, yes, if unions were properly prosecuted as monopolies and illegal in all fifty states, that would pretty much solve the problem. Quite nicely, too.

danking70 on February 15, 2009 at 4:01 PM

They saw the writing on the wall, unlike some over here.

sethstorm on February 15, 2009 at 2:53 PM

We had the same thing here in the textile belt when companies moved overseas. We also felt the brunt of the destruction of the tobacco market. You adapt and move on. You do not go begging to government to create artificial wealth. And you don’t force others who have adapted and succeeded to give their wealth to those who can not adapt. It is immoral and criminal. Life offers no guarantees and the government, though it can promise it, can not pull it off. You are advocating the destruction of resilient system of fair opportunities for all for a system that ultimately will benefit few. You probably believe in evolution. You are destroying the natural evolution of economic growth and prosperity for a theory whose practical applications have never worked in the real world, all because you have sold the notion that life owes you something.

genso on February 15, 2009 at 2:39 PM

Then explain the happiness in the Manufacturing Belt that McCain wasn’t elected? Those “made up evils” are quite real in a region that has been attacked constantly for its ways. Now they have a chance to correct what has happened to them over such a time.

It’s hard to pin it on “but but overpaid socialist union workers” when non-union folk were the target.

That’s why we have our current government – the anger that went through Detroit got a national voice when offshoring took off.

That is the consequence for angering both Detroit and non-union folks on the wrong side of H1/L1 abuse.

sethstorm on February 15, 2009 at 2:27 PM

Wrong. We have our current government not to support unions, but because Bush and capitalism have been demonized by a Socialist Democrat party and a compliant media. Spin it anyway you want to fit your ideology, but the hope and change that people voted for was not FOR anything but, instead, AGAINST your made up evils. But, I have a feeling that even you will regret what we all receive. This country will not be better off in the end.

That is a problem that can only be solved by letting states keep right to work laws.

genso on February 15, 2009 at 1:35 PM

That’s why we have our current government – the anger that went through Detroit got a national voice when offshoring took off.

That is the consequence for angering both Detroit and non-union folks on the wrong side of H1/L1 abuse.

ericdijon on February 15, 2009 at 1:44 PM

My mother lived through both and is very sad to see the direction of this country. And scared about how it will change her life.

genso on February 15, 2009 at 1:40 PM

In the past it required the bombing of a Pacific Naval installation or the razing of two financial towers. Forget it – I’m wrong again – we can’t embrace events like that long enough.

ericdijon on February 15, 2009 at 1:38 PM

To my point earlier that we would be fortunate to have the spirit of the Chinese people now as we deal with this shift toward socialism.

Well, yes. And some here are wondering, I think, if the liberals push us nearer the edge, whether this will be our future as well, or whether we will simply fall off.

JiangxiDad on February 15, 2009 at 1:29 PM

The Dem’s are pressing this, but for irrational and self-serving reasons, not for economic freedoms and solidarity of a nation that elects its leaders for short periods of time. The Chinese are much better at understanding concepts like this than the sheep of the US.

Well, yes. And some here are wondering, I think, if the liberals push us nearer the edge, whether this will be our future as well, or whether we will simply fall off.

JiangxiDad on February 15, 2009 at 1:29 PM

Or bail out. Passport restrictions and closed borders are the tipping point. Not saying it will happen, but a bit worried it might.

That is a problem that can only be solved by letting states keep right to work laws.

genso on February 15, 2009 at 1:35 PM

Bingo!

That’s a problem that can be solved by making no part of the US more union-hostile than the other.

sethstorm on February 15, 2009 at 1:34 PM

That is a problem that can only be solved by letting states keep right to work laws.

DarkCurrent on February 15, 2009 at 1:30 PM

Good night Dark, good discussion.

Rural areas are industrialized. They usually have some one industry that the entire community supports. You can compare it to the days the chicken growers from the US north began relocating to the US South. If the workers in the south ever used the word union in a sentence, the chicken company would relocate overnight to another town and not miss a beat.

ericdijon on February 15, 2009 at 1:29 PM

That’s a problem that can be solved by making no part of the US more union-hostile than the other.