Quote:
Originally posted by lendaddy
I agree. I just found it odd to hear someone complain about it so vigerously whilst stuffing his matress with the proceeds of such. But that's just me, and I'm weird like that.
|
Len, where's the irony? BTW, did you get the deluxe "You too can be Karl Rove" kit? Just wondering.
I posted this on 6/29 here:
http://forums.pelicanparts.com/showthread.php?threadid=228725
Also, I'm not saying we should play dirty, I'm saying they do and our illustrious president is doing nothing about it, in fact, he's helping them! We need a strategy against their "dirty pool" that doesn't include Chinese purchasing of American companies so that 1. only a few prosper, i.e. C-level execs; 2. they can dominate markets using the brand equity built by American companies at production pricing unmatched by any other country in the world.
forget about the politics of Iraq, here's the economics of Irag and the pickle he's gotten us in. We are borrowing money from China and burning it in Iraq. There is no ROI on these $ borrowed. Quite simply, we are borrowing money to invest in a Ponze scheme. Where are we going to get the money to pay them back when our economy is being devastated over the next 5-10 years by the people we are borrowing money from.
Again, Where are we going to get the money to pay them back when our economy is being devastated over the next 5-10 years by the people we are borrowing money from. When China buys Maytag and Hoover, companies with significant brand equity, do you think ANY of those American jobs that haven't already been outsourced, will stay in this country?
I'd be all for borrowing if it meant that our economy was growing as a direct result, so for instance, we were pouring those $ in education or infrastructure. Did you know that the Japaness, Chinese, etc. have broadband infrastructures that are 60 times faster than ours at the same price? On a consumer level, that means you can download a song in 5 seconds. On a business level, it means massive exchanges of information faster, and information flow is the new driver of our economy.
The ROI on education and infrstructure? Many multiples across several dimensions over time. The ROI on borrowing money to fight in Iraq? Patriotism and dead American soldiers.
Face it guys, our country is f*cked in the long-term because of Iraq. We've squandered over $200 billion and gotten nothing in return, and never will. The worst part is we're borrowing from a developing economic powerhouse that is actively destroying American jobs.