Posted on 11/25/2007 5:58:15 PM PST by Travis McGee
“We ship all our jobs to China. All our money. Our knowledge of how to make things. Our patents. Intellectual property. Our technological capabilities. We fund our government by borrowing over a trillion dollars from China — resulting in a collapsing national currency.
And China is financially dependent on us?? “
Except we haven’t shipped all of our jobs to China, or remotely anything close to all of our money, or our knowledge, or our patents, our currency hasn’t collapsed (if you think this is a collapse, you’re more sunk than I think), and it hasn’t weakened simply as a product of our borrowing from the Chinese.
But other than that, yeah, it’s exactly as you describe.
Never has been, never will be.
was a footnote in history class... had some good pasta... a little bit of cool art... but other than that listen:
I remember my first beer.
I do not disagree, but that will never happen.
I’d really be interested to see you, or anyone else who thinks like you, to go down his list point by point and explain where Pat has it wrong. Don’t care what you think of him personally, but he is not far off in many of his contentions, and dead on with others.
Pat's worldview has hardly changed at all in a very long time.
Only his demeanor has changed -- become more mellow and detached, it seems to me.
If it suits you purposes to hurl at him a clichéed and insulting caricature of what it means to reach early senior status...hey, enjoy.
That aside, China would collapse like a pyramid of cards if the US decided to slap import duties on Chinese goods...not to mention the fact that the Chinese hold US paper that is worth less and less to them not us. Not to mention the fact that more and more Chinese are chafing at the bit to buy more imported goods...Some Italian Guccis but mainly stuff from where else - the US.
We are creating a mega market that will blow all other markets away into the dustbin of history. And another side benefit is that emerging markets are forcing sometimes neanderthal US industries and labor to change the way they do business forcing them to innovate. Finally!
Tomorrow is a work day.
You should set your alarm clock, if you’re going to sleep.
I always heard bear taste very bad.
“Boycot China...”
I’m with you on that, but the problem is: when wages are low, and the third world lives on two-hundred dollars a year, they won’t be buying beautifully made Amish toys for their children like I’m doing this year. Most of the world has to buy cheap. Remember the lines on Black Friday to get the TVs and digital cameras for half, or less? Price is everything, but you are right, they have us by the short hairs.
Pat Buchanan is a very intelligent man who has long-since discredited himself with his reflexive Jew-hatred and pro-NAZI sympathies. As I recall it was Pat, as a Reagan aid, who scheduled the President to lay a wreath on SS graves at Bitburg, Germany. A long-standing joke about Buchanan is that his books and articles all read better in the original German. I consider Pat a tragic figure, since in terms of pure ability there is no one in American public life who is smarter than he is; except probably our brilliant Chief Justice John Roberts.
Hey, Pat! I'd much rather be surrounded by Mexicans than be surrounded by your Arab buddies.
Glad to see at least one other person sees the parallel with the fall of the British empire. They all laughed at Enoch Powell back then and he turned out to be on target.
I see it’s still fashionable to bash Buchanan on FR. Odd, since he’s a more authentic conservative than about 85% of the posters here....
Pat, sell crazy someplace else, we’re all stocked up here.
Right. The U.S. has no money (I suppose because the dollar is weakened), but Russia - now they’ve got all kinds of money, apparently, since they’re going to be challenging us for global hegemony.
I have to agree with Pat on this one. America is coming apart, and unless we make drastic changes right now, we are committing suicide!
I don’t know why you think “more Chinese are chafing at the bit to buy more imported goods...”
I don’t agree with that, at all.
It’s true, Chinese are becoming quite rich. They want to own things.
Except they don’t really care if they’re imported. Why should they? Most everything now, is made in China.
Bet you can’t find 5 things within eyesight of where you are sitting right now, which were not made in China.
Your computer. Mouse. Display. Keyboard. All slam dunks. Your television is from China. The iPod you listen to.
Your cell phone. Your stereo. The clothes you are wearing.
We need to wake up. This problem is now, very very serious.
Charming...
Excellent point.
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