Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
Posted on 06/25/2010 4:58:35 PM PDT by nysuperdoodle
I guess we really shouldn't be surprised. After all, this is what Obama and his team of globalists wanted, wasn't it? It's pretty much what he promised his hate-America base. If anyone was listening, they would have heard it.
US Treasury Secretary Timothy Geithner has told the BBC that the world "cannot depend as much on the US as it did in the past".
He said that other major economies would have to grow more for the global economy to prosper.
He also played down any differences in policy between the US and Europe regarding deficit reduction.
Mr Geithner was speaking in Washington ahead of G8 and G20 meetings this weekend in Toronto.
He said all members of the group were "focused on the challenge of [building] growth and confidence", and would be working to this end at the meetings.
(Excerpt) Read more at evilconservativeonline.com ...
With Barney, somebody’s oysters would come flying out of his mouth.
Largely because of his Boss’s policies...
i can see November from my house...with apologies to Sarah Palin. NO-vember.
And the sign above commie Obama’s desk reads “Mission Accomplished!”
November won’t matter one bit.
Because this country is lost. Deal w it.
Bush’s Bailouts didn’t help matters any.
Indeed. Today, I heard Rush's sound bite by this clown. He defeinitely has a mouth full of something.
Why, do you drink it?
Every American uses some oil no matter where they live.
I hope, when this is all over and the CITIZENS of the USA take the government back, that all of these criminals will stand trial and do hard time for their crimes.
In one sense, one can make too much, and too much conspiratorial sense, in Geithner’s comment.
The widest truth about economic “progress” across the globe today is not actually so much a “decline” of the U.S. as it is vast improvement of so many others.
The “whole” is now not only larger but now includes so many nations who were basket cases just a few decades ago.
The U.S. is still the world’s largest single national economy, but with so many others now living up to U.S. standards, that largest single economy, among them all, is a smaller % of the total world economy than it used to be, when the world’s economy, as a whole, did so much worse.
In that sense, it IS, very naturally, no longer true that the U.S. economy alone CAN buy enough from the world and take in enough of the world’s capital investment, to pull the whole world up with it. It can still make the largest contribution in that effort, much larger than anyone else, but the improved economic levels attained by so many others also now demands, requires their contributions, in order to sustain greater world trade and investment.
Again, the essential matter is not as much one of American decline as it is the greater level of achievement, from the past, by so many others. The whole - the world economy - now includes their achievements; a contribution as well as a “need to be sustained condition” that did not exist fifty years ago. That’s why we alone cannot lift all of them, on our own, as much as we may have in the past.
HOWEVER, an American public official who understands this can mis-communicate that understanding in a way that does create unwarranted negative perceptions, at home and abroad, about its meaning and its impact.
However, that said, I do believe that Geithner’s ideologue of a boss, is not displeased with the notion that the perceptions of the importance of the U.S. SHOULD BE TAKEN DOWN A PEG. Under different leadership, a U.S. treasury secretary’s comments might take a different, more American shape than what Obama’s concerned with.
You want to improve our economy? Boycott China! Yeah, yeah, I know all about the WTO and all that stuff. It’s time to get tough with those goys. Stop buying Chinese junk and you just watch our econmy pick up. The other day at the supermarket, I picked up a little jar of fruit slices for later. When I got home, I looked at the label and...you guessed it! Made in China. Remember the poisoned dog food from China last year? We gotta stop buying all this Chinese crap. IMO.
goys should be guys
goys should be guys
Its more complicated than that. Clinton started the road to ‘interdependence’with GATT, NAFTA and the WTO. Bush perfected it with Robert Zoellick in the USTR and the traitorous “free trade” agenda. Obama today said our economy was so interdependent on other countries that we can never be independent again. It’s why he’s signing that vile banking ‘reform’ law on Independence day. Its to rub our face in the fact that it will destroy to the last drop any independence we have left, economically speaking.
You and I are soon to be slaves, brother.
“Free traitor” ping.
I know my friend. It IS complicated. If we officially boycotted a WTO nation, we would get slammed by the WTO. But it’s not complicated for me personally. As long as I still have a choice, I will not buy thier junk. And I do not have any agreement with the WTO. So for now, at least, I will do my own thing.
This is actually not wrong. TurboTimmy just said it in a way that is as unflattering to the US as possible, and doesn’t deliver the hard truth to the other countries.
Here’s the situation and what he really means:
The US has a horrible trade deficit. Everyone knows this. What hasn’t “sunk in” to everyone yet is that the US consumer’s ability to consume was powered by easy credit in the last 10 years, not fundamental increases in household income.
China, S.Korea, Japan, Taiwan, Germany all depend (critically!) on the US consumer buying their stuff. There is simply no way that the US consumer can consume at prior levels right now, and going forward, with the demographics of the Boomer generation moving into retirement like a pig moving through a python, there’s a dearth of high-spending people in the next age cohort younger than the boomers. What TurboTimmy is saying is “If your export-led nation is expecting and relying on the US consumer to pull your GDP up to pre-2008 levels.... you might need a Plan B there.”
The better, more accurate way to deliver this message would be “You won’t be able to see all your crap to US consumers any more.” Instead, he presents the same information as “We’re losers who are going down for the count.”
protip: if you decide to go down the “free traitor” path, please let us know in advance to whom you refer
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.