Although he might be correct, I find it hard to beleive that the generally economically ignorant population will be in agreement with a corporate CEO saying that the solution is tax cuts for corporations. He’s right, but it isn’t going to happen politically a stand-alone solution.
Although he might be correct, I find it hard to beleive that the generally economically ignorant population will be in agreement with a corporate CEO saying that the solution is tax cuts for corporations. He’s right, but it isn’t going to happen politically as a stand-alone solution.
He’s gonna lose his Zer0care exemption.
Want fries with those tax cuts?
He should have cut to the core of the major issues facing his company and returning value to his shareholders: Getting rid of obamacare.
In contrast to America’s economic woes, Mr Skinner views Communist China as his company’s most exciting market.
McDonald’s has nearly 1,400 restaurants there but expects to have 2,000 by 2013.
This flagship of American capitalism seems strangely at ease doing business with China’s communist elite.
“I think the Chinese are very good in terms of economic responsibility, on behalf of their people and on behalf of their country,” Mr Skinner said.
That way there be dragons Mr. Skinner.
We didn’t defeat Soviet communism by investing in them or sending them our capital.
China Threatens to Use Financial Weapon Against America
On Monday, Peoples Daily, Chinas leading newspaper, stated it was time for Beijing to consider using its financial weapon against the United States.
The Communist Partys flagship publication suggested that the Chinese government directly link its purchases of US Treasury debt to Taiwan arms sales and require ratings agencies to downgrade the United States in order to force up interest paid to China. China should also launch limited trade sanctions against states whose representatives in Congress supportTaiwan. China-US relations will always be constrained by these people and will continue along a roller coaster pattern if China does not beat them until they feel the pain, the paper said.
The context for the stinging piece in the partys self-described mouthpiece may be proposed arms sales to Taiwan, but the general message is clear: China should use its holdings of American obligations to accomplish its many geopolitical aims. In fact, China has never wanted to use its holdings of US debt as a weapon, the paper noted. It is the United States that is forcing it to do so.