Comments on: Obama asks China to further destroy the dollar

By: Uncle Patso

Uncle Patso — Thu, 19 Nov 2009 11:45:28 +0000

Gilherme is becoming a troll

By: Don Quixote

Don Quixote — Wed, 18 Nov 2009 19:10:11 +0000

If you don’t think all that crap in Wally’s China-Mart is helping the Chinese to economically ruin this country, you have your head so far up your ass your seeing things out of republican eyes. With the advent of Bush the budgets debt went from a negative 300 billion in two short years to over two trillion. Hey it isn’t ancient history, wake up you simple bastards and start thinking about getting a political party that is neither Obama’s or Cheney’s.

By: Winston

Winston — Wed, 18 Nov 2009 17:34:33 +0000

#26 My point in providing that link was to reinforce my previous statement that manufacturing would not return to the US until Americans were also willing to tolerate that level of pollution (which would be never unless there is a total systemic collapse).

By: Winston

Winston — Wed, 18 Nov 2009 17:30:24 +0000

A great article on the US-China import-export relationship and how it will NOT be changing any time soon:

http://robertreich.blogspot.com/2009/11/obama-china-and-wishful-thinking-about.html

By: Josh

Josh — Wed, 18 Nov 2009 17:11:02 +0000

@Winston

The cost of fast economic growth.

By: Winston

Winston — Wed, 18 Nov 2009 16:59:19 +0000

Excellent analysis:

http://www.marketwatch.com/story/the-other-side-of-the-dollar-2009-11-18

By: Winston

Winston — Wed, 18 Nov 2009 16:16:37 +0000

http://www.chinahush.com/2009/10/21/amazing-pictures-pollution-in-china/

By: gooddebate

gooddebate — Wed, 18 Nov 2009 16:13:05 +0000

#20 That’s funny, in a way, but not completely true in reality. What you thinking of is the golden rule; he who has the gold, makes the rules.

By: hyperkinetic

hyperkinetic — Wed, 18 Nov 2009 16:03:14 +0000

When this this blog become a haven for right-wing crack-pots? John, good luck with that subscription model. I’m outa here.

By: Winston

Winston — Wed, 18 Nov 2009 15:27:07 +0000

“A regulated Yuan is half of our money problems, as an artificially low value drives our manufacturing there.”

I’d say it’s a bit less than half of the problem. Most of the problem is zero regulation in China which allows baby formula without milk, the severe contamination of a city with lead waste, etc., etc. combined with manufacturing wages of $5/day, airline pilots who earn $760/month, etc.

When Americans can accept that sort of thing, manufacturing will return.

By: badtimes

badtimes — Wed, 18 Nov 2009 14:24:31 +0000

#17- I think the saying is- ‘owe the bank $10 and they own you. Owe them $1M and you own them.’

By: pedro's (very embarrassed) daddy in denial

pedro's (very embarrassed) daddy in denial — Wed, 18 Nov 2009 14:18:26 +0000

pedro, you bastard slimy lying asshole

where in the story did it say Obama is destroying the dollar. no, you post bullshit like this in an attempt to get “hits”.

and hey, fuck this “chermain” bullshit. we know who posted the story. are you that embarrassed by your own name? well, you should be. everyone around you is embarrassed by your stinking asshole leaking that green stuff.

By: Anonymous

Anonymous — Wed, 18 Nov 2009 06:12:48 +0000

Next time this guy (Obama) bows to a foreign government like China how about someone turning him around about 180-degrees? It’s a view us Americans are WELL acquainted with.

By: deowll

deowll — Wed, 18 Nov 2009 05:02:39 +0000

The borrower is the servant of the lender and we are now a debtor nation. We pay them 500,000,000 a day in interest.

As for as I’m concerned that makes us second rate.

By: mike from illinois

mike from illinois — Wed, 18 Nov 2009 04:30:19 +0000

Pat Buchanan, a true republican, not a neocon, explained very concisely why the refusal of the Chinese to let their currency float free and rise relative to the dollar is killing our economy. it really isn’t hard to understand for anyone who actually uses their brain instead of parroting the daily Limbaugh, etc. talking points.