China Romance
General Discussion and Useful Links => Newbies Corner => Topic started by: shaun on January 02, 2010, 08:34:25 am
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This morning I was watching Fox News. They were interviewing a man by the name of Gerald Celente; Director of The Trend Research Institute. He predicted 3 things that cause me some concern.
I do not believe in predicting the future but I do believe that people can influence the future by what they say.
The quotes are from Gerald Celente.
1. He predicts an anti-immigration movement will arrive and stay in 2010. This will be brought on by a new 3rd political party. Quote, "You can bring the immigrants in when you are building economies but when economies are going down they want to push them out. This is a world wide trend."
2. Not made in China. A crusade will lead to trade wars and protectionism. The host asks, "So things are not going to be manufactured in China the way we've come to expect? He said, "They will be manufactured there but people are not going to be buying them. Trade sanctions will be going up."
3. Quote, "It is bad enough that all the gold goes to there, it is bad enough with the Republican and the Democrats, I don't want to be ruled by the Chinese."
This concerns me. Do you have any with this attitude?
Here is the link: http://www.foxnews.com/search-results/m/28177218/fearless-forecast.htm#q=gerald+celente
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Shaun,
the immigration movement he is probably talking about is with
Mexico. thats were our abuse of the system is taking place.
as far as other immigration it has been taking a little longer and
a little longer to get done so i think that trend will continue.
as far as the chinese remarks sounds like he isnt talking the whole
picture there i think he wants more and more made in usa but we
cant compete with other countries as we feel a little entitlement
ad will not work for lesser wages. this is part of the issue
in the country now and i dont forsee that changing. to hard for
many people to give up the greed they have been operating on
for these number of years. i dont know seems like it is just a spiral
downhill that will take quite a few years to come out of.
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Shaun , trouble is China now owns more of America than anyone who gets on the anti bandwagon cares to admit , your American wages in general are lower than ours here in Australia , so the fat cats are still getting fatter and nobody cares sooner or later something will give way , you have 17% plus unemployment , Australia has 6 minus and we are complaining at that , and on a per capita basis we buy more from Asia than the states do , and we give very little subsidy to our farming , regards Ying and Robert.
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Robert, Lets stick to the facts.
China loaned money to the US through buying bonds. Some could argue of ownership? but they would have a hard fight for Canadian and Japan has large stock in estates here as well. :huh:
Wage? I don't know what wages are there but here we have a minimum wage of $7.25 an hr. If you get a job at some fast food place that's what you make.
Unemployment? 10% but keep in mind the population difference between the US and Australia?
It is not that the US "Buys" more from China but manufactures there and imports it as well as other low labor cost countries. I'll be doing this myself as what I want to have manufactured? There are none that do it here. There is no choice. Oh sure I could start something up but the cost of multimillions? I don't have that kind of money and investors wouldn't bother when there is more of a turnover having it made in China.
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Hi Shaun,
Personally, I see some of it happening, but there are some other trends that may mitigate some of those issues...
1) Anti-immgration sentiments have always been there (general public...not isolated to any country in general). It's just how much influence it's had... Take Indonesia for example... Back in the 90's (I think that's when it started) many of the native indonesians got really pissed off about the prosperous chinese businesses there. So they started damaging those businesses until the chinese started to flee. And the rough part is that many of those chinese were born there. Last year, Microsoft USA wanted quite a few H3 VISAs (I think that's the code...it's an H number anyway). Government wanted them to use local talent, but they couldn't find enough. This year it's not as bad...
2) "made in China" has had a bad image for quite a while. Last year it intensified with the lead in the paint and a few defective parts. But I'll tell you something. Once the prices start going up due to costs, you'll find people saying China's your best buddy again. Especially since the economy is still fragile. One thing people seem to forget when dealing with businesses (ANY businesses) is that if you have specific requirements, you have to list them out in the contract. Unfortunately there are too many companies (not all) out there that will take every shortcut available. To protect yourself, you have to specify as much as possible to the other company. I was taking a course on import/export procedures a few years back and the professor specifically told us to specify as much as possible on the import list, otherwise you can get in big trouble. Good advice really.
3) Not sure where that came from, but I do have to say, what's good for the goose is good for the gander. Back earlier when the western nations had companies buying a lot of smaller/weaker companies, you didn't hear any complaining. But not that it's a chinese company... I say what a load of crock. Eventually the companies will change hands again...maybe under Indian or Korean companies? If you don't want that to happen, then make a better product and use the money wisely.
One thing to note: I'm not a big fan of any TV network. They all tend to swing to certain extremes in the political spectrum... As well, I find they all seem to have an agenda...
Nuff said.
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Yes Vince, but I have been there done that with glass importations from PPG , but the other side was U S government payback to the company of 30% of the invoice value for exporting , same with orchard and farm produce that is exported to here .
and 7.25 is pretty close to the unemployment benefits paid to a single out here , our minimum wage in US$ is around 15.00 per hour 36 hour week plus time and a half for overtime , regards Ying and Robert .
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Yes Vince, but I have been there done that with glass importations from PPG , but the other side was U S government payback to the company of 30% of the invoice value for exporting , same with orchard and farm produce that is exported to here .
and 7.25 is pretty close to the unemployment benefits paid to a single out here , our minimum wage in US$ is around 15.00 per hour 36 hour week plus time and a half for overtime , regards Ying and Robert .
From what I have been told, you need those types of minimum wages to be able to survive over there. Is it really that expensive?
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Reality is you can't survive on $7.25 an hour here. I'll give you the math. We have a basic 40 hour week this is considered full time employment. $7.25 times 40 times 4 (weeks) = $1160.00. Income taxes taken before you get your check? Take home pay... $893.20 for the month. A place to live? Cheap in my area...$550.00 a month. place utilities and food and there's nothing left. Keep in mind most businesses that hire minimum wage earners don't have you working a 40 hour week. Or they have to add in benefits (Overtime, insurance, etc)
Robert, The "US government payback to the company of 30% of the invoice value for exporting" ? I'm not sure about this? It may depend on the contracts written? There are Import fees and taxes on some imports and depends on what it is. In this field everyone has their hand in the cookie jar. It may depend on who or what you know?
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Robert, Lets stick to the facts.
China loaned money to the US through buying bonds. Some could argue of ownership? but they would have a hard fight for Canadian and Japan has large stock in estates here as well. :huh:
Wage? I don't know what wages are there but here we have a minimum wage of $7.25 an hr. If you get a job at some fast food place that's what you make.
Unemployment? 10% but keep in mind the population difference between the US and Australia?
It is not that the US "Buys" more from China but manufactures there and imports it as well as other low labor cost countries. I'll be doing this myself as what I want to have manufactured? There are none that do it here. There is no choice. Oh sure I could start something up but the cost of multimillions? I don't have that kind of money and investors wouldn't bother when there is more of a turnover having it made in China.
Vince....despite who else holds US Treasury Bonds, and despite who else has Real Estate holdings in USA, it is an absolute fact the in simple economic terms, USA is in debt to China for more money than your annual GDP.
If China never decides to call in this loan (ie sell off its Treasury Bonds ) then there is no real problem. But if China decided to switch its major currency risk into other areas and called the loan to pay for it...OR China decided to make its major currency risk be the gold standard (as India has done recently because it wished to divest itself of the USA Treasury risk money)...then USA would fold as a viable economic entity.
I must disadgree with your evaluation of the competitive rates of employment in USA vs Aussie. Population size has no bearing whatsoever on this issue...we have10% of your population therefore 90% less infrastructure, industry etc to support it.
Our unemployment rate is so low because we have chosen to be a quarry rather than a Factory. So much of our economic earnings is derived from resource production..iron ore, gold, oil, nickel , coal etc etc. These Industries are not hungry for people, it is hugely mechanised.
We dont need to support thousands of second and third level manufacturing Industries that ARE people hungry. When the downturn hit, we still send mountains of raw materials out of Aus each month, so our small, highly mechanised workforce is hardly affected.
In fact, here in the West of Australia...which is where most of the resources are mined, we have a chronic labour shortage and our real unemployment rate is around 3%.....our Government is still recruiting from overseas and our migration intake gets bigger and bigger in an attempt to get more labour.
In answer to the other question from Mustfocus....yes, it is very expensive to live here...but expenses expand to fill income available !!! We are probably very frivolous with our money, because a person working in our North West on a resource project can easily earn $250,000 per annum. Do this for 3 years and you can buy your house outright...many do !!
An average house here costs over $1 million, gas is $1.40 per litre and a cup of coffe in a restaraunt will cost you $8.00. The average family car will be about $45,000. A luxury 4X4 will cost over $100,000 and cars such as BMW or Porsche can cost you anything up to $250,000 !
Much of this price regime has been brought about because of our economic boom, that does not seem to be decreasing, even now.
David
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David E I disagree.. Mmm that rhymes.. :icon_cheesygrin:
Population has everything to do with it if you are getting a percentage of a population that is unemployed.
Currently Australia a population of 22,100,436 with a unemployment of 5%. (same % as the US before)
The US has a population of 308,278,00 with a current unemployment of 10%
That's 110,503 people in Aust. not working to the US's 30,827,800. It's all relative. But, of course the actual amount in Aust. will be lower because there is a less population.
As for the bond's, I have heard what you said before? others saying the same, but I can't debate on it for I do not know the stipulation or agreements between them. So for this all can assume what they will.
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I've sort of given up on trying to compare income rates. The main reason being that as you just stated, wages move up with the expenses as well. Not necessarily in the same ratio, but it does tend to make comparisons difficult. I just find it interesting that friends and relatives who visit from there exclaim how cheap things are here, but when our minimum wage is also lower. That said, our government (who I severely have a problem with) is trying to raise this (although in a bumbling throw things to the wind way). But that's just a different way of approaching things.
(Just a note...never let me become the prime minister of Canada if you don't want massive changes)
Canada is a mixed economy. We have LOTS of resources (in the news, I often see both Canada and Australia when it relates to raw material), but we are also moving towards a service-based industry. The Americans are going from a manufacturing-based economy to a service-based economy. The progression is so different. I believe China is currently in a manufacturing-based economy, although it's going to be interesting to see how they evolve out of that.
We could be doing better, but like many of the governments as of late, we haven't managed our expenses very well. We've also lost focus on where we're going. Once that happens, I see us moving along much faster (although at this point, I don't know what a service based economy would evolve into). But that's another topic for another time...
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If China never decides to call in this loan (ie sell off its Treasury Bonds ) then there is no real problem. But if China decided to switch its major currency risk into other areas and called the loan to pay for it...OR China decided to make its major currency risk be the gold standard (as India has done recently because it wished to divest itself of the USA Treasury risk money)...then USA would fold as a viable economic entity.
Would China ever do that though? Wouldn't that anger the US and cause a serious shake-up in the financial world? I remember reading that it was something they were considering or working towards though.
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Actually, if China were to divest themselves of all their US treasury bonds, they would be shooting themselves in the foot. Right now the US is probably China's biggest market...and most likely by a large percentage. So if your biggest customer can't afford your goods...
That and if China were to try to cash those bonds...the US most likely wouldn't be able to pay those bonds...hence another mess...
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....and therein lies the dilemma ....stuffed if you do, stuffed if you dont.
It is pure fantasy to think that China would ever committ financial suicide by cashing in all its US Treasury Bonds...both economies would crash.
Problem is, whilst it is conceivable for China merely to "rattle swords" at USA and request more fiscal prudence to protect its investment (which it has done several times in recent history)...there is very little else the Chinese can do about it....and the World waits, holding its breath to see where the Worlds biggest economy is heading !!!! Signs are that it is still on the downhill, but maybe slowing the descent a bit.
The US economy is still in an extremely precarious situation and it is not alone.......After all...would we ever have thought that a place like Dubai would default on its loans ???, or that a WHOLE Country would declare bancrupcy (Iceland)
Somewhere, somehow, your "astounding " new President has got to show the World that he and his Cabinet are doing SOMETHING to bail out the Ship.
As an outside observer, and this opinion is not an expert one, I am baffled to see what he has done so far...except to accept $2 Million for the Nobel Peace Prize !!!!!
If the World could at least see that something constructive was being done in USA to get back on track, then we could all relax a little more...that goes for both me and the Chinese :icon_cheesygrin::icon_cheesygrin:
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he talks a lot but nothing to show for it
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Fox News, seriously fox news....... It shouldnt even be called News, maybe Shock News, because from one extreme to the next and one flashing light to the other, they rarely report anything credible. Especially with "future casts" and "polls" and the plague of various other self opinionated dribble.
When you can take many of their news stories, compare it against say BBC, AP & NPR and the facts are different or inflated, or even completly wrong. I discount about 95% of the things on fox news, its a lame attempt at a bright flashing light to entertain the masses. And the entertainment is stories like this from polls they take from their viewer base online, then they formulate stories off of the results to the most shocking degree. Then they find some self proclamed organization that touts whatever line they need said on TV.
I hear Fox News in a conversation my brain just says bla bla bla bla bla, its an entertaining station, but I find that their credibility is crap on most days. But they do know how to play and sway the fears and hopes of the mob.
*Needs to be moved to campfire not in newbie corner*
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These sort of News reports and the surveys we keep hearing about, are not worth the paper they are written on. Today's journalists only seem to want to scare people, and do nothing constructive to help any situation they are covering, ....It's always the ''Doom and Gloom angle that they promote. Like Jadams79 i take all these things with a bloody big pinch of salt!!!
David.....
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I posted then left in a hurry for work this morning. Here is the link:
http://www.foxnews.com/search-results/m/28177218/fearless-forecast.htm#q=gerald+celente
Tell me what you think after seeing video.
There are two thing I am already seeing from this news report with regard to my business.
1.) People are now expecting new furniture for used furniture prices. They are not buying used furniture as much. (i.e. living with class.)
2.) It is becoming increasingly more difficult to sell merchandise that has Made in China on the bottom of it. I have thought it is more the type of clientele that I sell to rather than the economy. Most are lower income who want nice things in their homes but want million dollar artwork at garage sale prices and are unwilling to do the research to learn about the type of things they want to purchase.
In studying the market place I have been hearing through the grapevine and in snip its of published business articles what Gerald said today. No one that I have read or seen has put it together quite or has been a brazen like Gerald has in this story with so much detail. Quite frankly it scares the hell out of me from a business perspective.
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That's what the intention of this news report, ....to make you and others scared!!!
As i said above, nothing there constructive, just destructive, .....It's what sellst newspapers, and what TV news desks are all about these days!!.....
David
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....and therein lies the dilemma ....stuffed if you do, stuffed if you dont.
It is pure fantasy to think that China would ever committ financial suicide by cashing in all its US Treasury Bonds...both economies would crash.
Problem is, whilst it is conceivable for China merely to "rattle swords" at USA and request more fiscal prudence to protect its investment (which it has done several times in recent history)...there is very little else the Chinese can do about it....and the World waits, holding its breath to see where the Worlds biggest economy is heading !!!! Signs are that it is still on the downhill, but maybe slowing the descent a bit.
The US economy is still in an extremely precarious situation and it is not alone.......After all...would we ever have thought that a place like Dubai would default on its loans ???, or that a WHOLE Country would declare bancrupcy (Iceland)
Somewhere, somehow, your "astounding " new President has got to show the World that he and his Cabinet are doing SOMETHING to bail out the Ship.
As an outside observer, and this opinion is not an expert one, I am baffled to see what he has done so far...except to accept $2 Million for the Nobel Peace Prize !!!!!
If the World could at least see that something constructive was being done in USA to get back on track, then we could all relax a little more...that goes for both me and the Chinese :icon_cheesygrin::icon_cheesygrin:
I pray he doesn't get re-elected.
He's in over his head.
He and his party have already done damage.
Fox News, seriously fox news....... It shouldnt even be called News, maybe Shock News, because from one extreme to the next and one flashing light to the other, they rarely report anything credible. Especially with "future casts" and "polls" and the plague of various other self opinionated dribble.
When you can take many of their news stories, compare it against say BBC, AP & NPR and the facts are different or inflated, or even completly wrong. I discount about 95% of the things on fox news, its a lame attempt at a bright flashing light to entertain the masses. And the entertainment is stories like this from polls they take from their viewer base online, then they formulate stories off of the results to the most shocking degree. Then they find some self proclamed organization that touts whatever line they need said on TV.
I hear Fox News in a conversation my brain just says bla bla bla bla bla, its an entertaining station, but I find that their credibility is crap on most days. But they do know how to play and sway the fears and hopes of the mob.
*Needs to be moved to campfire not in newbie corner*
It's funny you say that.
I am the exact polar opposite.
That's how I feel about the news agencies you listed.
It's a philosophical debate of how to manage money, economies, and govern people.
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One thing you have to be thankful of, ....Bush the Puppet/Muppet isn't still in the White house. God,......anything just has to be better than that clown running things!!!
David
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Fox News, seriously fox news....... It shouldnt even be called News, maybe Shock News, because from one extreme to the next and one flashing light to the other, they rarely report anything credible. Especially with "future casts" and "polls" and the plague of various other self opinionated dribble.
When you can take many of their news stories, compare it against say BBC, AP & NPR and the facts are different or inflated, or even completly wrong. I discount about 95% of the things on fox news, its a lame attempt at a bright flashing light to entertain the masses. And the entertainment is stories like this from polls they take from their viewer base online, then they formulate stories off of the results to the most shocking degree. Then they find some self proclamed organization that touts whatever line they need said on TV.
I hear Fox News in a conversation my brain just says bla bla bla bla bla, its an entertaining station, but I find that their credibility is crap on most days. But they do know how to play and sway the fears and hopes of the mob.
*Needs to be moved to campfire not in newbie corner*
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These sort of News reports and the surveys we keep hearing about, are not worth the paper they are written on. Today's journalists only seem to want to scare people, and do nothing constructive to help any situation they are covering, ....It's always the ''Doom and Gloom angle that they promote. Like Jadams79 i take all these things with a bloody big pinch of salt!!!
David..
Your assessment of Fox new is based on your political opinion rather than facts. Using the AP or NPR which is straight from the Democratic party is NOT a system to base opinion on. You had better watch both sides of the news because both sides have their own agenda. There is not a non-partisan news outlet in the US and to side with one of them IS just the same as drinking the Kool-aid of mass... well you know...
If you take AP and NPR along with the White House they are selling the idea that this economy has seen the worst and has turned the corner to improvement. Simply put, it is a lie.
Check with business owners. They will tell you a completely different story. It is non-political one. We as businessmen are loosing out shirts. Profits are way down and no one is buy things that are not government supported unless you are a Walmart and even they are not making the kinds of profits they did 10 years ago. Why? People are not spending money because they either do not have it or they do have it and are afraid to spend it because of the unstable economy.
Secondly. Local and State governments are still cutting back on their spending. Our local school system has already faces a 4.5mil cutback from state funding and will face another 4.5mil cutback this semester. Why? State and local governments are bankrupt. Why? Because people are not spending money.
So where is the turn around. Why is it only Fox News that is reporting that the economy still sucks.
The only thing you will find with me is that I am not pro any kind of government party. I distrust democrats and republicans. I do not see any difference between the two parties.
You will not get factual news unless you look at more than one source of information.
To put down Fox and raise up others as being the truth either shows that your response was based on political opinion or you do nor realize that you are seriously uninformed.
Men I question everything where man can profit. I will not comment on the BBC because they are not on my radar and I not know much about them.
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As I said,
They all have their own agendas...when I listen to something, I try to get several networks view on it before I count it as accurate.
That said, I do support the "buy local" thing, but I do it in a different way. Your milage may vary on this one...
When it's big ticket items, I like stuff to be cheaper... I think everyone agrees on that. But to do the research on every aspect of everything, I think that's just time wasting. There are things that are only made in China. Some in Malaysia and some in Indonesia. Fair enough. If it's also locally made, that's great too, but for electronics, not likely... So what to do? Support your local retailer. Not necessarily the walmarts or the Futureshop/Bestbuy (Canadian) or the Mark and Spencers (UK). Support the small business guy who runs the independent store. Chances are they can get close to the price of the big ticket stores if they're not already and they are the guys who will give you better service. If the difference isn't a large difference, it's better spent that way. The big companies will usually be there for those who's bottom line is the price. But don't expect the kind of service you will get at a small business (Like Shaun's).
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Thanks for the plug Frank. One of the rule of thumbs I like to say is, "When I buy something, I want to be able to get my hands around the owners throat if I need to."
Your local businessman may not throw as much money to local charities as the big retail outlets can but you will find the local businessman working hand in hand at the local charity long before the big retail outlet management does.
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Shuan,
I agree with you completly, I do not put faith in ANY form of news, government or religion. Fox News, is just an example some shows are interesting others are not. When I want real information on business I do my own research, stock market, consumer trends, various various various agencies. Numbers do not lie, news stations and people do, to suit whatever personal agenda suits them. The interpretations are all different, true numbers never lie.
I could care less about what any one news station ever has to say. But if you are like me, your business is for your gain, and you will do your research according to what is going to benefit you most based upon the evidence.
Protectionism, sure, it could happen, it depends on what the consumers want. Because if the world is waiting on the US to decide something they are going to be sorely pissed off in the end. We will do what benefits us, it shouldnt take long to research that history.
Immigration, this arguement has been rehashed in every single government through history, every single time there was a financial crash, nothing new.
As for the magical forming of a 3rd party, sure why not, but that muppet idea has failed many times over, in a Republic it would be great and wonderful, and a great step for democracy. See how hard both parties fight tooth and nail to keep this wild card out.
As for whatever magical form of carbon substance in our whitehouse, or any other form of government office, democrat, republican, independant, they will do whatever benefits them the most. Whatever agenda best suits them, personally I dont care what happens, to me its not a debate, the random chaos sorts itself out in the end and everything happens exactly how it was going to happen no matter what happens. Because every single person has their own views on every single thing, and in the end as human nature shows, history will repeat itself, so its still all the same thing that happened in the great depression, it will happen again, because something suits someone somewhere with money and power and you are completly helpless to do anything about it. Then in so many cyclic years the same crap will happen again for a similar reason, its called chaos and its cyclic nature cannot be changed. Everything else is just taming the mob, and the illusion of democracy marches on ^_^ When I vote, I actually pay attention to what the retard in office voted on if I dont like what he voted on I vote for someone different, democrat, republican, independant, does not matter to me.
In the end do whats best for your business, I am just saying trusting one report from one group is self perpetuated business suicide. If the whole of the market trend shows buy USA i'd change my business in a heart beat. And i would be instrumental in advertising this way too haha
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All I can say is Obama was handed a bowl of sh*T from Bush, and told 'good luck". With all the congress idiots and senator idiot's its a wonder anything gets done. The republicans are still crying because they didn't win the election and blaming everything on obama and trying to stop him at every corner. It's a wonder why anything gets done around here, and if it does, its only because everyone is tired of arguing with each other. Please don't get me into politics, cause it's a hopeless cause with those idiots.
I do have one thing to say however....
BUY SHAUNS WIDGETS...BEST WIDGETS ANYWHERE....HE NEEDS THE MONEY.
Chinese women arn't cheap :dodgy:
go shaun go....
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All I can say is Obama was handed a bowl of sh*T from Bush, and told 'good luck". With all the congress idiots and senator idiot's its a wonder anything gets done. The republicans are still crying because they didn't win the election and blaming everything on obama and trying to stop him at every corner. It's a wonder why anything gets done around here, and if it does, its only because everyone is tired of arguing with each other. Please don't get me into politics, cause it's a hopeless cause with those idiots.
I do have one thing to say however....
BUY SHAUNS WIDGETS...BEST WIDGETS ANYWHERE....HE NEEDS THE MONEY.
Chinese women arn't cheap :dodgy:
go shaun go....
They are better than Viagra. :icon_cheesygrin::icon_cool:
Don, you're too funny.
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rockycoon,
Now i can agree wholeheartedly with that. I never quite understood how Muppet Bush got in, the first time, let alone the second term. He caused America to be one of the most hated countries on earth, turned round a Clinton surplus to putting the country back into Trillions of debt, bigger even than his dad left!!! And was considered as a complete Joke throughout Europe!!!
Young Bush has to be ranked as one of the worst, if not the very worst President you have ever had... Everything he ever achieved in his life was solely on the back of his old man, Bush Senior. From what i can remember, he's been a parasite civil servant for most of his working life, (thanks again to good ole Dad!!) and had never been outside of continental America in his life before becoming President!!!
Makes you wonder where he would be in this life, were it not for being George Bush's son.
Not very much i would hazard to guess!!
Don't worry though your not alone, ....we have had our own Muppets in Europe too!!! ...haha!!
David....
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One thing you have to be thankful of, ....Bush the Puppet/Muppet isn't still in the White house. God,......anything just has to be better than that clown running things!!!
David
the first 4 years i loved bush
the second 4 years he pissed me off. spent like a drunkin sailor. So much so that I most likely will change my party affiliation from republican to independent.
never would i change to democrat. they are socialsits to me.
Fox News, seriously fox news....... It shouldnt even be called News, maybe Shock News, because from one extreme to the next and one flashing light to the other, they rarely report anything credible. Especially with "future casts" and "polls" and the plague of various other self opinionated dribble.
When you can take many of their news stories, compare it against say BBC, AP & NPR and the facts are different or inflated, or even completly wrong. I discount about 95% of the things on fox news, its a lame attempt at a bright flashing light to entertain the masses. And the entertainment is stories like this from polls they take from their viewer base online, then they formulate stories off of the results to the most shocking degree. Then they find some self proclamed organization that touts whatever line they need said on TV.
I hear Fox News in a conversation my brain just says bla bla bla bla bla, its an entertaining station, but I find that their credibility is crap on most days. But they do know how to play and sway the fears and hopes of the mob.
*Needs to be moved to campfire not in newbie corner*
----------------------------------------------------------------------------------------------------------------------------------------------------------------
These sort of News reports and the surveys we keep hearing about, are not worth the paper they are written on. Today's journalists only seem to want to scare people, and do nothing constructive to help any situation they are covering, ....It's always the ''Doom and Gloom angle that they promote. Like Jadams79 i take all these things with a bloody big pinch of salt!!!
David..
Your assessment of Fox new is based on your political opinion rather than facts. Using the AP or NPR which is straight from the Democratic party is NOT a system to base opinion on. You had better watch both sides of the news because both sides have their own agenda. There is not a non-partisan news outlet in the US and to side with one of them IS just the same as drinking the Kool-aid of mass... well you know...
If you take AP and NPR along with the White House they are selling the idea that this economy has seen the worst and has turned the corner to improvement. Simply put, it is a lie.
Check with business owners. They will tell you a completely different story. It is non-political one. We as businessmen are loosing out shirts. Profits are way down and no one is buy things that are not government supported unless you are a Walmart and even they are not making the kinds of profits they did 10 years ago. Why? People are not spending money because they either do not have it or they do have it and are afraid to spend it because of the unstable economy.
Secondly. Local and State governments are still cutting back on their spending. Our local school system has already faces a 4.5mil cutback from state funding and will face another 4.5mil cutback this semester. Why? State and local governments are bankrupt. Why? Because people are not spending money.
So where is the turn around. Why is it only Fox News that is reporting that the economy still sucks.
The only thing you will find with me is that I am not pro any kind of government party. I distrust democrats and republicans. I do not see any difference between the two parties.
You will not get factual news unless you look at more than one source of information.
To put down Fox and raise up others as being the truth either shows that your response was based on political opinion or you do nor realize that you are seriously uninformed.
Men I question everything where man can profit. I will not comment on the BBC because they are not on my radar and I not know much about them.
+1
David - rant font on
Bush had a new issue to deal with much unlike Clinton. 911? It changed the game. I would rather our military fighting the fightn on their soil instead of our police, firefighters, and doctors on our soil. No question it was the right thing to do.
He got re-elected largely due to the fight in the middle east, and Americans didn't want another weak liberal in what's his name oh Kerry. We didn't need passive leadership at that time.
To fight the war takes billions of dollars. As far as us being a joke in Europe I could care less what they thought over there. They can have token militaries, because every one of those country's know that we would have their back in a conflict, so why invest a lot into something if it is already taken care of. We don't make decisions in this country to please Europe. What kind of thinking is that? I could go on but will stop on that one. Jeez.
I'm not going to stick up for Bush, because he let us down his last four years. Spent us into debt instead of seeing the economic bubble looming. He spent like a liberal democrat!!! That is what I hate most about him. He abandoned the conservative fiscal philosophy that the republicans had. And for the rest of the republicans they had control of both the house and the senate and the presidency. They could have really changed things economically that would be lasting, but instead tried to keep power by pleasing the masses who want to drag on the government tit. They lost a great opportunity.
Now we have a guy (obama) who has no business being in there. Because he was a good orator? Incredible how the people became stupid. It was an ant-bush vote, but did they realize bush wasn't running anymore? Stupidity by the masses. So obama gets in there and throws hundreds of millions at dying companies. Then pisses off China by raising the tariffs all to protect the unions who helped him get re-elected. Now we have nationalized health care. Watch our quality of healthcare slowly go sink to the level of other countries who have proven that it doesn't work. One stupid move after another. Like I said he's in over his head. Instead of throwing money in the direction that not only helps our economy have a lasting recovery, and strengthening the dollar he his taking to the point of the de-valuation of the dollar. My prediction is on this course we will lose the dollar as the world reserve currency. Can you say bye bye? On top of it all obama, bush, clinton, reagan etc didn't have the balls to take control of our financial system from the Federal Reserve. We have let the bankers in Europe largely charge us for the printing of our own money virtually controlling our financial system. That is ultimate power not presidents, but presidents can change that. Our Dept. of the Treasury should be in charge of our monetary system, not the Federal Reserve. It is amazing to me how blind this country is to that, but isn't that what they really want? Not many people I can talk to get what is going on fiscally at that level.
rant font off
jeff
All I can say is Obama was handed a bowl of sh*T from Bush, and told 'good luck". With all the congress idiots and senator idiot's its a wonder anything gets done. The republicans are still crying because they didn't win the election and blaming everything on obama and trying to stop him at every corner. It's a wonder why anything gets done around here, and if it does, its only because everyone is tired of arguing with each other. Please don't get me into politics, cause it's a hopeless cause with those idiots.
I do have one thing to say however....
BUY SHAUNS WIDGETS...BEST WIDGETS ANYWHERE....HE NEEDS THE MONEY.
Chinese women arn't cheap :dodgy:
go shaun go....
Isn't that what the democrats did while Bush was president? They shot down about 140 court appointees that he nominated.
They tried through CNN and the others to sabotage the war to make him fail. Yeah our own lovely democrats would have rather see us lose lives so they can regain power.
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OK Guys it's getting a little to political. Remember we are a relationship forum. Everyone has opinions and a rant for this but it always leads to a argument so lets end it before.
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Sorry Vince. I'm a little passionate about this. I was telling myself don't comment, but I fell into it lol.
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rockycoon,
...From what i can remember, he's been a parasite civil servant for most of his working life, (thanks again to good ole Dad!!) and had never been outside of continental America in his life before becoming President!!!
Makes you wonder where he would be in this life, were it not for being George Bush's son.
David....
David,
This is where you are wrong. George Jr. was very successful in the oil business. he lived in Midland, Tx. and started a successful oil company called Arbusto Energy Inc. Before you make fun of the name Arbusto it is Spanish for Bush.
Many people have said that the business was a failure but it was not. Bush bought into and merged with Spectrum 7 and Bush will worked there. The two owners purchase the Texas Rangers baseball team and became a partner in that too. Spectrum 7 sold out to Harkin Oil and the dynamic 3 invested into the Texas Rangers. Under Bush's leadership with the baseball team.
Bush turned the club around and they almost made it to the world series.
How do I know all this? I was in the oil business and I worked with Arbusto and Spectrum 7. When I went back to school I worked for the Texas Rangers for 1 season. The Bush family treated their employees and business associates extremely well. I would work for them again without question if the opportunity presented itself.
Many people say Bush was not a successful oil man. Quite the contrary. The fact that they started and grew and were sold to larger companies during very difficult economic times in the oil industry proves he was a very successful businessman. Many well established oil companies went out of business during these times.
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i agree with Vince this will get out of
hand and turn into arguments if it is
to continue
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Elect me as president, I will lower your taxes, get you jobs, put a chicken in every pot, AND I'LL MAKE CHINESE VISA'S AN INSTANT affair, where you simply tell the immigration you love her, and recieve a visa for her, good for as long as you want! Also I will have the goverment give free english lessons.
How about free government flights to china, your choice of destanations.....
VOTE FOR ME...:icon_cheesygrin::P
Oh I almost forgot, you can have up to 3 chinese or asian wife's at the same time. Mix or match your choice....LOL
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Well Now Rocky - that makes me almost want to be an American voter!!! :angel: ALMOST but still a long way off!!!!
Only good decision made in my lifetime was to elect Bill Clinton - now he was my kind of man. Kennedy may have been ok but even I was too young to know much about him.
Maybe the first Spanish speaking President will be good - oh yes it willcome specially at the rate that Spanish is now spoken in the US.
So lets vote for Rocky but only if he makes a law that western Belts have to be replaced when they suddenly snap in two:icon_cheesygrin::icon_cheesygrin:
Just a load of my usual 'laji' to calm things down as we are getting a bit overheated and almost stepping into the no go area of Politics which is not permitted. I know as I have had posts deleted in the past because I got political. Me Political? - definately never politically correct though.
So the nearest thing I get to politics now is what type of cigars was Monica's favourite brand?
Willy
For non Chinese Speakers 'Laji' is rubbish, garbage.