October 21, 2010
— Ace Thanks to rdbrewer, who sidebarred it.
Posted by: Ace at
03:06 PM
| Comments (56)
Post contains 10 words, total size 1 kb.
Posted by: jimmytheleg at October 21, 2010 03:11 PM (nGAmY)
Posted by: stuiec at October 21, 2010 03:11 PM (7AOgy)
Posted by: stuiec at October 21, 2010 03:12 PM (7AOgy)
Posted by: Comrade Zombie Arthur at October 21, 2010 03:12 PM (OtkdE)
Posted by: Sharron Angle at October 21, 2010 03:13 PM (Z1oBf)
Posted by: MikeTheMoose at October 21, 2010 03:14 PM (0q2P7)
(When do I get my brown coat?)
Posted by: MikeTheMoose at October 21, 2010 03:16 PM (0q2P7)
Or the dumbfuck (Pete Stark?) who said the more you owe, the wealthier you are.
Posted by: Waterhouse at October 21, 2010 03:19 PM (TmVB4)
I'm pissed.
There is so much on which we can be going after the Democrats. We're leaving 90% of the scandals, gaffes, and failures on the table.
Posted by: Senator Soothsayer (R-AoS) at October 21, 2010 03:19 PM (AvO0L)
Dibs on the whore!
Posted by: Waterhouse at October 21, 2010 03:20 PM (TmVB4)
Posted by: FlaviusJulius at October 21, 2010 03:20 PM (9cflz)
That's sort of related to the one minor problem in the video-if we go down, China goes down harder because it's "investment" evaporates and it loses the market for its goods. At least I doubt France and Greece are going to pick up the slack.
Posted by: Methos at October 21, 2010 03:21 PM (Ew1k4)
Posted by: kathysaysso at October 21, 2010 03:23 PM (ZtwUX)
Kind of like that old idiom "If you owe the bank 1,000 dollars, you have a problem. But if you owe the bank 1 million dollars, the bank has a problem".
Except this "bank" may have upwards of 100 million disgruntled people willing to overturn the current government. The ChiComs can't possibly run them all down with tanks.
/In the end, there will be only chaos.
Posted by: Kratos (Ghost of Sparta) at October 21, 2010 03:25 PM (c0A3e)
Posted by: JackStraw at October 21, 2010 03:25 PM (VW9/y)
Re: Juan......Hitler used to fire his generals, but they didn't become capitalists.
Posted by: USS Diversity at October 21, 2010 03:28 PM (u3Zi5)
Posted by: J.J. Sefton at October 21, 2010 03:29 PM (9Cooa)
Posted by: Clutch at October 21, 2010 03:31 PM (X67eL)
@23: "Except this "bank" may have upwards of 100 million disgruntled people willing to overturn the current government. The ChiComs can't possibly run them all down with tanks."
Vely obselvant, lound eye. That is why we get imploved missire technorogy flom Plesident Crinton. Plecision-derively chemicar weapons, bitchez!
Posted by: People's Revolutionary Functionary No. 2,165,354 at October 21, 2010 03:39 PM (xy9wk)
Posted by: FlaviusJulius at October 21, 2010 07:20 PM (9cflz)
Yeah, but they don't tell you that's its $2 million over 40 years. :\
Posted by: Serious Cat at October 21, 2010 03:40 PM (bAySe)
Posted by: Rickshaw Jack at October 21, 2010 03:42 PM (RVfdF)
I had read an article about why China keeps buying our debt.
In the article they talked to several of the Chinese honchos that run/barter the trade relations between the US and China, The Chinese think that the US will "R&D" it's way out of this mess. They (China) believe that the US will invent something that changes life as we know it within 10-20 years.
Posted by: Rickshaw Jack at October 21, 2010 03:49 PM (RVfdF)
So they're basically playing craps.
Posted by: Methos at October 21, 2010 03:54 PM (Ew1k4)
Posted by: Al at October 21, 2010 03:59 PM (MzQOZ)
Posted by: JackStraw at October 21, 2010 04:00 PM (VW9/y)
Step 1: Corner the market on the most worthless sovereign debt. Step 2: ??? Step 3: Profit.
Look, no doubt Democrats are driving this country down down down. But to compare our economy with China's is laughable. China is the biggest house of cards propped up by mindless central planning, and murderous social policies. China is always 30 seconds away from complete collapse (And when it does, it won't be good for anyone).
Thus, this ad is bullshit as it reeks of a Perot-like understanding of world economies, and fails to distinquish the ever increasing terrible central planning here in the US with China's criminally preposterous central planning. The implication is absurd. Chinese bullshit is certainly no better than ours. To believe otherwise, you would have likely suffered from long-term carbon monoxide inhalation or are Thomas Friedman.
Posted by: Dr. Love at October 21, 2010 04:01 PM (STTZD)
@37: "When you give up the ownership and the control of your destiny to another country what do you really have?"
A large nuclear arsenal, the fact that you're still the only country in history to use that sort of thing in combat, and the bulk of the population of your largest creditor (who currently lack any meaningful second strike capability) in nicely massed urban centers.
So yeah, they can tweak our balls over the debt, but only so far - if they actually put our nation at risk, we might decide that they've outlived their usefulness, especially if we have no other means of responding. It's MAD in a slightly different format.
Posted by: Fa Cube Itches at October 21, 2010 04:05 PM (xy9wk)
@39 A large nuclear arsenal, the fact that you're still the only country in history to use that sort of thing in combat, and the bulk of the population of your largest creditor (who currently lack any meaningful second strike capability) in nicely massed urban centers.
So yeah, they can tweak our balls over the debt, but only so far - if they actually put our nation at risk, we might decide that they've outlived their usefulness, especially if we have no other means of responding. It's MAD in a slightly different format.
Uh uh... How'd that work out for the Soviet Union? Oh wait, it ain't the Soviet Union any more, is it...
Posted by: newguy40 at October 21, 2010 04:08 PM (PNWSP)
Posted by: Dr. Love at October 21, 2010 04:13 PM (STTZD)
Posted by: JackStraw at October 21, 2010 04:13 PM (VW9/y)
This commerical, plus the "Mourning in America" ad is all we need to seal the deal on this election. Run those wide and often nationally, and all voters will have the same thing on their mind on Nov. 2.
Its a brutal ad. Brutally truthful.
Posted by: Serious Cat at October 21, 2010 04:16 PM (bAySe)
Why the fuck did he think we've always lent money to desperate nations in strategic areas, knowing we'd never get it back? LEVERAGE! It's all about leverage.
Now they have it.
I can't fucking believe we find ourselves in this position.
Posted by: jmflynny at October 21, 2010 04:28 PM (bM9l4)
Posted by: JackStraw at October 21, 2010 04:40 PM (VW9/y)
I was at an industry conference the past several days (a typically conservative industry) and the panel of economists put to rest the notion that the US doesn't produce anything anymore and that all the manufacturing has moved to China. The US is still number one with 24% of all output. A large part of China's growth, substantial growth, has been in proportion to the manufacturing outsourcing from Japan, of all things. I didn't see that coming. And, of course, they are manufacturing a bunch of shit products: Think dollar store trinkets.
I feel quite certain that they are the world's leader in producing those rubber piles of dog crap and those little ping pong paddles with the ball that's attached with a rubber band. Keep in mind: In China, Buick is a luxury brand.
Posted by: jmflynny at October 21, 2010 04:43 PM (bM9l4)
Whatever it is you can bet it was dreamed up by someone in the U.S.
Are Chinese even permitted to dream, or do they have to keep a little tablet by their beds in order to jot down their nocturnal crimes and report themselves to the authorities.
Posted by: jmflynny at October 21, 2010 04:46 PM (bM9l4)
Posted by: JackStraw at October 21, 2010 05:00 PM (VW9/y)
They are devastating the trucking industry by imposing one stifling piece of regulation after another: EOBRs, new low-emission engines, idling rules Hours-of-Service reduction, "Comprehensive" Safety Analysis 2010. Don't even get me started on what the west coast politicians, environmental wackos and Jimmy Hoffa Jr. have combined to do to the drayage industry.
If they're putting any portion of the hurt on your industry/company as they've place upon the backs of truckers, God Bless ya, because they are seemingly out to cripple those poor folk.
I'm a huge fan of trains, and of intermodal in particular, but damnit, there's isn't a train around that can deliver a load of tube socks to the back of a local Target. And, intermodal doesn't have the capacity to take up the slack. It's as if DC has no idea how crucial the supply chain is to the functioning of this economy. Or perhaps they know precisely how important it is and know that by crippling the chain, they can force a particular way of life upon the citizenry.
Any way you slice it, the end result is not pretty.
Posted by: jmflynny at October 21, 2010 05:15 PM (bM9l4)
I'm a huge fan of trains, and of intermodal in particular, but damnit, there's isn't a train around that can deliver a load of tube socks to the back of a local Target. And, intermodal doesn't have the capacity to take up the slack. It's as if DC has no idea how crucial the supply chain is to the functioning of this economy. Or perhaps they know precisely how important it is and know that by crippling the chain, they can force a particular way of life upon the citizenry.
Back in the day, every large facility had a railway siding...they just stopped doing that after a while...cheaper to let the trucking do it, I guess.
Posted by: CanaDave at October 21, 2010 05:25 PM (RcdvG)
That ad gets to the heart of the matter. Does it make me uncomfortable? Absolutely, yes. What about you?
I think JackStraw nailed it:
When you own a countries debt, you own them in the most fundamental and powerful way without ever firing a shot. When you give up the ownership and the control of your destiny to another country what do you really have?
Be the fuckin' wave and let's make an attempt to do something about it.
Posted by: NM Hick at October 21, 2010 05:49 PM (IzuWw)
Posted by: D1Stewart at October 21, 2010 09:10 PM (l6DpZ)
Posted by: Dr. Love at October 22, 2010 02:00 AM (STTZD)
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Posted by: NPR at October 21, 2010 03:10 PM (Ew1k4)