Tilted Forum Project Discussion Community - View Single Post

pan6467 · 11-17-2005, 05:16 PM

First Stevo, keep the debate civil there is no need to insult, as I have shown you respect. And no I have never taken a course in economics, but I can read, talk to professors on campus and research. And the fact that I was a stockbroker for a few years in the early 90's means I know absolutely nothing about financial news or reading company reports.

Secondly, how much of that is from foreign owned companies? AK Steel is producing more than ever, but it is a Japanese owned company and the money is going overseas.

Your charts truly show me nothing, like I said are those solely American companies, or do they include foreign owned companies, is that production solely in the US or is that production by US companies but around the world factories? Some commenting I guess for a dunce like me, would have been appreciated.

Thirdly, I guess that just because your charts show I guess manufacturing to be up that GM close to filing bankruptcy, and it was questionable as to whether they would or not until today when the CEO said "No"..... still questionable.

DJ,

If you open markets in Eastern Europe, Asia, Australia, Russia and so on and you are able to increase your profit margin and actually have real money and not IOUs coming in it makes a huge difference.

Plus, not all countries are in this economic war for just greed. The US is weak economically and coming apart, foreign countries and companies whether they like us or not aren't going to carry or debt forever.

There's 4.7 Billion other people in the world, there are great markets that once opened will provide more profit and stable economies.

I'm sorry every indication is that the dollar is riding on very thin ice and all it would take is for the Chinese to start dumping and everyone else following suit. Then foreclosing.

Yes, it could lead to backlash, but really what are we going to do, what can we do? What we're going to go to war because we refuse to pay our debts?

Some may come out chasing pipe dreams and having fantasies that these trade deficits and national debts and the fact that countries like Japan, China, UK own the debt is all ok fine, just shows our economy is strong..... to me and the articles and proof I have shown it shows we are becoming severely and dangerously in a position of being on the losing end soon.

It all comes down to economic freedom for our country and where our money is going, we have no economic freedom other outside entities hold our debts. As shown, Japan can say "we'll devalue your dollar, if you don't change policy"..... China is in far better position to do it also. So even if they do not foreclose, they are in position to dictate our policy to us.

I'm sorry, nothing Stevo has shown has even come close to refuting the evidence I have shown. When you have the richest Americans leaving dollars for Euros and Yuan.... it should not be a joyous event, it should scare the living Hell out of us, wake us up and get us off our asses and working to correct the situation.

Instead we have people saying it is all good and means nothing and they are chasing pipe dreams and not facing reality.

We're cutting education, we're cutting social programs, we're being strangled by our healthcare industry, we have other countries holding more of the US debt than it's citizens and we have proof that countries if they do not like policy will threaten to devalue the dollar.

Is that how you want to live? Under the thumb of an outside entity? Not me. This country can do better. It is time for us to either fight back and regain what we had, or kiss it all goodbye.

I predict we have 5 (maybe 10 years if we are lucky), to change this. I don't see us doing it. The Bushy's obviously are chasing pipedreams and fantasies and not reality. That reality is foreign entities own our debt and can devalue our money at their leisure and have threatened to do so.

Unless things change, these entities will own the GM's , the Ford's, the US Steels, and so on. We'll be their Malaysia, their Phillipines, their cheap labor.

Don't you think the US can do better? Chase pipe dreams if you want, chase the fantasies that foreign entities owning our debts is a good thing if you want..... and watch as we lose everything our forefathers worked for. Watch as the next generation has it worse than we did, and their children worse than them. Watch these other entities blackmail our policies to us.

As long as all these debts pile up, we are paying for those countries to be better educated, have better healthcare, have better standard of livings......

11-17-2005, 05:16 PM	#37 (permalink)
pan6467 Lennonite Priest Location: Mansfield, Ohio USA	First Stevo, keep the debate civil there is no need to insult, as I have shown you respect. And no I have never taken a course in economics, but I can read, talk to professors on campus and research. And the fact that I was a stockbroker for a few years in the early 90's means I know absolutely nothing about financial news or reading company reports. Secondly, how much of that is from foreign owned companies? AK Steel is producing more than ever, but it is a Japanese owned company and the money is going overseas. Your charts truly show me nothing, like I said are those solely American companies, or do they include foreign owned companies, is that production solely in the US or is that production by US companies but around the world factories? Some commenting I guess for a dunce like me, would have been appreciated. Thirdly, I guess that just because your charts show I guess manufacturing to be up that GM close to filing bankruptcy, and it was questionable as to whether they would or not until today when the CEO said "No"..... still questionable. DJ, If you open markets in Eastern Europe, Asia, Australia, Russia and so on and you are able to increase your profit margin and actually have real money and not IOUs coming in it makes a huge difference. Plus, not all countries are in this economic war for just greed. The US is weak economically and coming apart, foreign countries and companies whether they like us or not aren't going to carry or debt forever. There's 4.7 Billion other people in the world, there are great markets that once opened will provide more profit and stable economies. I'm sorry every indication is that the dollar is riding on very thin ice and all it would take is for the Chinese to start dumping and everyone else following suit. Then foreclosing. Yes, it could lead to backlash, but really what are we going to do, what can we do? What we're going to go to war because we refuse to pay our debts? Some may come out chasing pipe dreams and having fantasies that these trade deficits and national debts and the fact that countries like Japan, China, UK own the debt is all ok fine, just shows our economy is strong..... to me and the articles and proof I have shown it shows we are becoming severely and dangerously in a position of being on the losing end soon. It all comes down to economic freedom for our country and where our money is going, we have no economic freedom other outside entities hold our debts. As shown, Japan can say "we'll devalue your dollar, if you don't change policy"..... China is in far better position to do it also. So even if they do not foreclose, they are in position to dictate our policy to us. I'm sorry, nothing Stevo has shown has even come close to refuting the evidence I have shown. When you have the richest Americans leaving dollars for Euros and Yuan.... it should not be a joyous event, it should scare the living Hell out of us, wake us up and get us off our asses and working to correct the situation. Instead we have people saying it is all good and means nothing and they are chasing pipe dreams and not facing reality. We're cutting education, we're cutting social programs, we're being strangled by our healthcare industry, we have other countries holding more of the US debt than it's citizens and we have proof that countries if they do not like policy will threaten to devalue the dollar. Is that how you want to live? Under the thumb of an outside entity? Not me. This country can do better. It is time for us to either fight back and regain what we had, or kiss it all goodbye. I predict we have 5 (maybe 10 years if we are lucky), to change this. I don't see us doing it. The Bushy's obviously are chasing pipedreams and fantasies and not reality. That reality is foreign entities own our debt and can devalue our money at their leisure and have threatened to do so. Unless things change, these entities will own the GM's , the Ford's, the US Steels, and so on. We'll be their Malaysia, their Phillipines, their cheap labor. Don't you think the US can do better? Chase pipe dreams if you want, chase the fantasies that foreign entities owning our debts is a good thing if you want..... and watch as we lose everything our forefathers worked for. Watch as the next generation has it worse than we did, and their children worse than them. Watch these other entities blackmail our policies to us. As long as all these debts pile up, we are paying for those countries to be better educated, have better healthcare, have better standard of livings...... __________________ I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"