Video: "Mortgage Gangsters" . . . Mortgage gangsters went wild with the help of crazy, greedy house flippers.
Posted on 12/14/2006 9:25:14 AM PST by GodGunsGuts
PROMOTING GOLDMAN ON GOVT TAB
by Jim Willie CB
December 13, 2006
US Treasury Secy Hank Paulson and USFed Chairman have embarked upon yet another trip to China, joined even by Commerce Secy Gutierrez. This Strategic Economic Dialog between the Untied States and China deserves comment. The official reasons stated are to discuss economic and banking reforms, more like a begging session for China not to torpedo the USEconomy. In my opinion, that is in part a cover smokescreen. Paulson publicly cites the need for China to make quick progress on economic changes toward an open market society, like with greater permitted foreign competition, greater market efficiency practices, more improved collection of intellectual property royalty to Westerners, and more development of internal domestic demand. He also cites the need for China to make quick progress on banking changes toward a more open system, like with freer foreign participation in bank partnership and lending permitted by law, and a more liberally exchanged convertible yuan currency with less rigid control. These are the stated reasons. They are realistic, but only half the story...
(Excerpt) Read more at financialsense.com ...
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Video: "Mortgage Gangsters" . . . Mortgage gangsters went wild with the help of crazy, greedy house flippers.
Give our bankers some profits, we'll de-industrialize for you.
"Free" trade.
Yup, we're practically de-industrialized right now.
Great graphics!
The world is making more stuff every year - why can't everybody see this as good news for humanity?
Cheers, and buy metals and energy stocks!
Gee, the most powerful nation on earth has slipped to 39th place in manufacturing. I'd say that's one heck of a lot of de-industrialization. BTW, what percentage of our manufacturing output has been offshored to places like Red China???
PS That's 39th as per share of GDP. Bottom line: our manufacturing base is shrinking fast.
I'm embarrassed for you. 39th place for % of GDP, not output. Our production was $1.79 trillion last year, more than China and Japan, combined.
Let me know if any of the words I used were too big for you to understand. Or if you need me to further explain that chart to you.
Are your charts with or without meat manufacturers?
Why don't you tell me?
You pasted the chart. Certainly, you know what the chart is all about. Now, tell us if your charts includes meat manufacturers.
South Texas also has a nuimber of "tortilla factories". Are they classified as manufacturers?
I already clarified my response, Toddler. Learn how to read.
I didn't make a stupid mistake, you did.
That kind of mistake would lead any reasonable person to slink away from this website in shame. But Gigi has no shame. Gigi is performance art. No one is that stupid.
Not even a high school kid messing with the grownups on a website would be that stupid.
LOL
Your "clarification" destroys the premise of your original point. Fact is, you had no idea what you were talking about, and somebody gave you a "pssst, you sound like an idiot" warning.
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