At yesterday's G20 summit held in Seoul, S. Korea - a south Korean trade official ridiculed the Obama administration for harping on the Chinese for currency manipulation.
He went onto point out that the Obama administration had failed to grow the US economy and that the solution lies with the US ability to grow their own economy. Moreover, he indicated that latest US feds move to print more money is going to lead to a backlash by the other European leaders - China, Germany. He said the latest US maneuver is not going to add a significant number of US jobs.
Maybe we should invite the South Korean to our own Country and encourage him to run for the Presidential office? His advise certainly makes enough sense to this American.
One last thing - in case you missed the news late yesterday afternoon - Moody's upgraded China's credit rating to an impeccable - AA- status. Moreover, China's economy is now set at a blistering pace to overtake the US and become the worlds largest economy by the 2012 or within 24 months.
As Confucius say - 'He who ignores History is Doomed to Repeat It'
He went onto point out that the Obama administration had failed to grow the US economy and that the solution lies with the US ability to grow their own economy. Moreover, he indicated that latest US feds move to print more money is going to lead to a backlash by the other European leaders - China, Germany. He said the latest US maneuver is not going to add a significant number of US jobs.
Maybe we should invite the South Korean to our own Country and encourage him to run for the Presidential office? His advise certainly makes enough sense to this American.
One last thing - in case you missed the news late yesterday afternoon - Moody's upgraded China's credit rating to an impeccable - AA- status. Moreover, China's economy is now set at a blistering pace to overtake the US and become the worlds largest economy by the 2012 or within 24 months.
As Confucius say - 'He who ignores History is Doomed to Repeat It'
5 comments:
The Confucius saying regards how poweful people act within history or time. Once powerful people know something works well on the public then tend to use the same techniques over and over again.
If people don't learn from what powerful people have done in the past, then the modern day power mongers will use their same techniques again.
What happened in the Weimar Republic with massive inflation will happen to us in America because the Nazi-loving Central Bankers will use the same money printing to enrich themselves at the expense of our economy as a whole.
Likewise, if the public doesn't stop this out of control Federal Government and its FreeMasonic Leadership from destroying every one of our God given rights, we will fall prey to a Nazi-style regime within another election or two. Our "leaders" are very well versed in the Nazi Propaganda Experiment and we are being mind controlled in the same exact way today.
the problem is that the trade official is a capitalist and obama is a socialist who is trying to destroy the united states by ruining the economy.
The economy was wrecked before Obama took office. Overspending in a war, when we could have easily tightened security and gave more jobs in national defense.
The government can be very limited. But we can't trust individuals or businesses to behave appropriately. Therefore, this was the reason big government needs to assert more power. Helathcare reform was unnecessary, unless you change all bad habits. We can save medical costs by stopping the manufacture of cigarettes. Also, medical assistance pays for drug rehab. This is absurd, and I want others to demand that druggies pay their own room & board when they check into a "withdrawal hotel."
nina, there have been studies that show smokers live shoter therefore save the insurance companies money overall.
its in a businesses intrust to grow the economy, they make more money when the sell more.
the goverment produces nothing.
they cant even get the post office to break even.
the govt sucks
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