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Old 06-25-2008, 03:44 AM
 
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Dow chemical is making some bold moves, but I've got a feeling WV economy is making their life easier so it's more cost effective to stay open here. They're still advertising job openings in charleston gazette.
Paint is going up though, better buy it now if you've got projects to do.
http://www.bloomberg.com/apps/news?p...nV4OI&refer=us
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Old 06-25-2008, 07:02 PM
 
Location: Arlington, VA
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I'm shocked Dow is advertising in the Gazette, they've cut nearly two thousand good paying jobs in the Kanawha Valley since 2001. I honestly would be surprised if they are still in South Charleston by 2015.
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Old 06-25-2008, 07:26 PM
 
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China beckons...they need paint factories, have the workers for .20 per hour with limited benefits..paint can be shipped to us..S-W is $35.00 a gallon...how much does paint need to be...it's only paint...Walmart's paint is made by S-W...cheaper too...
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Old 06-25-2008, 10:18 PM
 
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mtneer as usa operrations go, WV still offers them an economical platform. The talk of the article is that north east and european ops are likely candidates for lay offs, and overall operations will be slowed down to idle. consumers can expect to see 25% rise in prices due to derivitives of oil prices affecting other things like plastics and paint bases. Mostly I posted it for homeowners and contractors in wv who have plans.

The jobs offered by dow in gazette weren't schleppy jobs either. plant operators, good bennies and retirement $$.
DK the price of transporting things back and forth to china has went up too don't forget, along with increased operating costs- iron ore up 96% and oil is about to come off subsidy in china, so inflationary indexes are up across the globe. No more cheap and dirty to be had. get your cold frame veggie winter garden prepped.
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Old 06-26-2008, 05:46 PM
 
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Get on line and see the air quality in Bejing...looks like old Pittsburgh on a sunny day...similar to LA when a person could put their hand outside the bus and grab a handfull....It's not going to stop...China is the next world market king and we are sending the junk metal to make it possible...better chain the bed springs to the bed...you could be robbed...they need good quality steel...
A person could see coal fired ocean transport...just like 100 years ago...China will do it first...who would stop them?
They are the biggest ship builders...
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Old 06-26-2008, 05:54 PM
 
Location: Mesa, Az
21,144 posts, read 40,171,316 times
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Quote:
Originally Posted by David Kennedy View Post
Get on line and see the air quality in Bejing...looks like old Pittsburgh on a sunny day...similar to LA when a person could put their hand outside the bus and grab a handfull....It's not going to stop...China is the next world market king and we are sending the junk metal to make it possible...better chain the bed springs to the bed...you could be robbed...they need good quality steel...
A person could see coal fired ocean transport...just like 100 years ago...China will do it first...who would stop them?
They are the biggest ship builders...
Remember that only about one Chinese person in 10 is affluent-----that leaves over a billion poor people whose envy is growing towards the former group.

Can someone say another 'Cultural Revolution' in the near future?
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Old 06-26-2008, 06:04 PM
 
11,944 posts, read 14,098,911 times
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Quote:
Originally Posted by David Kennedy View Post
Get on line and see the air quality in Bejing...looks like old Pittsburgh on a sunny day...similar to LA when a person could put their hand outside the bus and grab a handfull....It's not going to stop...China is the next world market king and we are sending the junk metal to make it possible...better chain the bed springs to the bed...you could be robbed...they need good quality steel...
A person could see coal fired ocean transport...just like 100 years ago...China will do it first...who would stop them?
They are the biggest ship builders...
I think arizona is right. There are consequences for all things, including detrimental health/welfare of lower class chinese folks burdening the govt over time. I think leaps and bounds in technology will solve industrial scale pollution problems. I have faith in ingenuity, and believe neccessity as mother of invention will rise to solve the worlds problems. Let us pray for common sense & greater good to prevail.
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Old 06-27-2008, 05:49 AM
 
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The idealogy of past chinese leaders have show that masses of their population are disposable...They are coming to the realization that individuals can propel an economy to great heights...

At the same time, our leaders are doing the same thing in a negative way...higher fuel prices which effect every aspect of living costs will mean older and younger Americans will work until death...and at the same time our robust economy will be outsourced and slip to 2nd or 3rd world status..

Our model for Social Security was the German Railway workers...in the 20's/30's German efficiency was at its peak...It was noted, if a worker spent time in the work force until he was 65, he would die within the next 5 years...

Times have changed and our people live much longer...they must be worked closer in time to their deaths...70? 75?

What is realistic?
Do nothing about their old age situation...gut their medical programs (which is in process with pending legislation) create an economic situation that is comprehensive and will force them to work..it's in front of us...let me itemise a few of the costs...

Energy: Electric, Gas, Heating Oil...large raises...and more pending on a sliding scale.
Food: Transportation costs...scarcity because of availablity and health reasons, and use for other purposes other than food stocks...
Services: Increases in provider services costs drive up Services...
Government: Increases workforce, increases taxes, creates inflation, money is devalued.
Businesses: Downsize to cut out the fat...and offset the higher op[erating costs.
Workforce: Money buying power is reduced...unemployment...loss of big ticket items to make the budget work...consolidate with primary groups for survival...

WE are making this sacrifice in order for the Chinese to bring their country up to a level of goods and services that we enjoyed...why?
There's money in it..America is old and dying...we bought the ideas of population controls and it killed our growth (and look at the other countries who have done the same things...Italy, England, Germany). They import their labor from Asia.

We've been written off and new opportunities exist for the money makers...

Obama will bring a change...and when it gets to us personally, we will believe in it completely...the next 4 years will be very tough...
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Old 06-27-2008, 06:21 AM
 
11,944 posts, read 14,098,911 times
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chinese have been artificially inflating things with credit schemes too- they won't get out of this unscathed. One big financial shell game on global scale, and the whole of europe is aghast at how bad loans have been shuffled around even on their own doorsteps through toggle bonds and covenant light- million middlemen peddling bad loans hedging and hedging till there aint no more leaves left to call it a hedge. More like a stump in the ground now.
It's a CFO's worst freaking nightmare on global scale. The thing is, not unlike the depression, what really changed? For people who were reality based and not living artifically, the sun also rises, house is paid for, we've got what we need. Stock your pantry, it's a rough ride ahead for much of the planet. Self sufficient will prevail all things.
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Old 06-27-2008, 08:08 AM
 
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I'm aware that we have gotten off topic a touch...but Wv is small enough to handle it...

With the potential collapse of our money...I'm wondering why the drug moguls have not stepped in...
We have certain banks in Miami that do nothing but launder the trillions in drug money...
Were set up there after Castro took them out of Havanna...

Drug money is channeled in two vehicles...gold and greenbacks...ever see those rooms full of cash...that's American money they use...
With the hoopla about help from other nations in bringing back previous loans and such (a smoke screen for sure) the real solution is for the Drug cartels to demand a stability...but on second thought...with Russia holding most of the Earth's supply of gold, perhaps the planet's underworld economy is shifting to a more stable currency...
Think I'll look at the Ruble's worth for the past two/three years...for Russia to redeem itself from bankruptcy, its currency must be stable and have real value...so much said for the 'gold standard...comes around...like everything else.
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