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Unread 10-07-2010, 11:22 AM
 
1,318 posts, read 822,814 times
Reputation: 1267
Quote:
Originally Posted by Geechie North View Post
So our working poor have to compete against their working poor to see who can get the cheapest orange juice?

And meanwhile, they are the working poor because their jobs with Minute Maid are off to Sao Paulo.

It is one heck of a mess, no doubt.

But of course, it isn't just here. Seven years ago, I was on a private tour of one of the Wedgwood factories in England. The jobs there are very skilled--it is a lot harder than you would think to attach a bone china handle to a bone china cup. Anyway, these are skilled jobs that are passed down from parent to child, for generations.

All those jobs were lost because all of the English china manufacturers are outsourcing to Asia.
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Unread 10-07-2010, 11:39 AM
 
4,465 posts, read 3,715,492 times
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Quote:
Originally Posted by calgirlinnc View Post
It is one heck of a mess, no doubt.

But of course, it isn't just here. Seven years ago, I was on a private tour of one of the Wedgwood factories in England. The jobs there are very skilled--it is a lot harder than you would think to attach a bone china handle to a bone china cup. Anyway, these are skilled jobs that are passed down from parent to child, for generations.

All those jobs were lost because all of the English china manufacturers are outsourcing to Asia.

Yep,

I believe it will kill capitalism, and to be honest, I'll welcome reading the obit.

More on the widespread usage of slave labor in China:

http://www.humanevents.com/article.php?id=16577


http://www.clearwisdom.net/emh/129/


http://www.mariocavolo.com/?p=820&more=1&c=1&tb=1&pb=1

http://boycott2008games.blogspot.com...ave-labor.html

Couple of things:

1. I tried to use the selections from the multitude of articles on this subject for all sides of the domestic political spectrum.

2. You'll notice very few corporate news stories (ABC, CBS, MSNBC, FOX, et'C') on this subject. That's due to the obvious:

Corporations love China, and corporations own the 'news'. And since the 'news' is now the propaganda (Akre's case; can post if you wish), they are gonna be like the little kid who messed his pants in the first row:

They ain't sayin' nothing!

Last edited by Geechie North; 10-07-2010 at 12:08 PM..
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Unread 10-07-2010, 11:58 AM
 
4,465 posts, read 3,715,492 times
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Quote:
Originally Posted by JimmyCh View Post
I didn't mention Ben at all. Btw, Ben controls monetary policy which is separate from the fiscal one. Fed already did all it could. Btw, using not big enough FISCAL stimulus to argue that you didn't vote for Obama just odd....first, he is not even in the office at that time point, how do you know how BIG the stimulus will be. 2nd, he still proposed the largest stimulus project than any of his competitors. As for now, I really hope government did not thing, so the critic of Obama will truly taste what a depression is like. I don't really care you see, I was shorting and got plenty of cash at that moment. A deflation will only benefit me. Now I am betting a out of control inflation if the market didn't crash in the next 3 months (betting means that I am out of cash and into inflation hedge like real estate; yes you heard right real estate, risky but I think the return will be great). The Fed is very nervous right now because the current trend is setting up for another big crash, but I don't think America has the political well to prevent it.
Don't be fooled by labels:

Monetary and Fiscal policy are both controlled by The Fed, and their pals at Wall Street's Treasury Dept.

Here's the story with Mr. Obama and my vote:

Wife was goo-goo over him. Campaign worker, manned the phones- whole bit.

I liked what I heard, at first, but when he did his Toronto dance (as did Hillary) re: trade agreements, I figured he was just another little tool from the big tool box.
Analogy I used (that POed the wife) was since Obama was a neighborhood activist on Chi-town's Southside, that was decimated by the steel plants moving to Japan and China, and Mexico, to not be against free trade (as he once was, when he could not do anything about it) was akin to a guy runnin' around the 'hood complaining about all the arson fires being set, but then you look down and see the gent is carrying a gas can with a rag sticking out of it.

Stim was underfunded by 2/3, and mostly contained tax cuts, with only about 1/3 of that $780 Billion going to infrastructure, because the Wall Street/corporate crowd that he installed (Larry Summers, Tim ('The Bim') Geithner, Rahm Emanuel), really figured that all they had to do was save La Calle ('The Street') and they were done.

So, it was way too little, way too late, and although the Stim (can post the proof) did 'Create or Save' 3,000,000 jobs', that was like picking fly sh*t from pepper when faced with 15,000,000 out of work.

'We needed another New Deal, but instead got another Corpoarte Heel.', should be the motto for 2012.

Last edited by Geechie North; 10-07-2010 at 12:28 PM..
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Unread 10-07-2010, 12:58 PM
 
4,465 posts, read 3,715,492 times
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Quote:
Originally Posted by calgirlinnc View Post
It is one heck of a mess, no doubt.

But of course, it isn't just here. Seven years ago, I was on a private tour of one of the Wedgwood factories in England. The jobs there are very skilled--it is a lot harder than you would think to attach a bone china handle to a bone china cup. Anyway, these are skilled jobs that are passed down from parent to child, for generations.

All those jobs were lost because all of the English china manufacturers are outsourcing to Asia.
And to be clear, not everywhere has gotten round heels for slave labor:


Brazil just opened up steel bids for bidding on major projects. China was excluded (so was the US)

Just one of many examples.
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Unread 10-07-2010, 03:04 PM
 
Location: Charlotte, NC
7,081 posts, read 4,469,213 times
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as far as the whole cupcake story goes.......
want to send a clear message all while TRULY supporting
the local economy.....purchase them from a small local store.
They truly appreciate it and those monies would in fact being going directly
back into the local economy.
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Unread 10-07-2010, 03:32 PM
 
Location: Cane-Bay Plantation
2,223 posts, read 2,528,547 times
Reputation: 430
Quote:
Originally Posted by Chromekitty View Post
as far as the whole cupcake story goes.......
want to send a clear message all while TRULY supporting
the local economy.....purchase them from a small local store.
They truly appreciate it and those monies would in fact being going directly
back into the local economy.
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Unread 10-07-2010, 04:40 PM
 
1,318 posts, read 822,814 times
Reputation: 1267
Quote:
Originally Posted by Chromekitty View Post
as far as the whole cupcake story goes.......
want to send a clear message all while TRULY supporting
the local economy.....purchase them from a small local store.
They truly appreciate it and those monies would in fact being going directly
back into the local economy.

If money were no object, then I would gladly pay 3X the cost to the local bakery.

If they were for ME, and not for a bunch of 3 soon to be 4 year olds, I might consider paying 3x the cost to the local bakery.

But, of course, "if wishes were horses, beggars would ride."

And I fail to see how having money left over to spend at a local restaurant or wherever is a failure to support the local economy.
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Unread 10-07-2010, 05:18 PM
 
Location: Charlotte, NC
7,081 posts, read 4,469,213 times
Reputation: 3077
Quote:
Originally Posted by calgirlinnc View Post
If money were no object, then I would gladly pay 3X the cost to the local bakery.

If they were for ME, and not for a bunch of 3 soon to be 4 year olds, I might consider paying 3x the cost to the local bakery.

But, of course, "if wishes were horses, beggars would ride."

And I fail to see how having money left over to spend at a local restaurant or wherever is a failure to support the local economy.

What you are failing to see is that just because you go to applebee's, your money isn't necessarily truly supporting local economy. In order to truly help
an economy the money has to turn locally. Same with mc'ds etc......

Buy produce at the store? You shouldn't when you can get it from a local farmer. Pay more? Possibly, but there is in value in the hard work put into growing/raising that product. THAT is what keeps it local and keeps an economy going.
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Unread 10-07-2010, 05:48 PM
 
Location: East of I 95, NC
635 posts, read 611,047 times
Reputation: 375
My reasons for not shopping at W/Mart are totally different.. altho I thoroughly enjoyed the interesting debates in economic theory.

Their parking lots are atrocious, so it takes me 10 min to park and walk in. Then I go inside and it takes another 30-50 min running up and down aisles to find what I went in for and meanwhile I buy other things I didn't intend to buy.

So forgetting all the socio-economic reasons, WalMart takes up too much of my time and MY TIME is valuable.

I can zip into Food Lion (who's grocery prices are comparable to w/m's) and for $3 get the ingredients to bake all those cupcakes, and I can save $100+ dollars and not get sucked into buying other things I don't need.
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Unread 10-07-2010, 05:54 PM
 
1,318 posts, read 822,814 times
Reputation: 1267
Quote:
Originally Posted by Chromekitty View Post
What you are failing to see is that just because you go to applebee's, your money isn't necessarily truly supporting local economy. In order to truly help
an economy the money has to turn locally. Same with mc'ds etc......

I never said Applebee's.

We do eat out at "local" restaurants. This is Charleston, after all.

So I take exception that I am failing to see anything of the kind.
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