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<blockquote data-quote="MoGal" data-source="post: 520884" data-attributes="member: 1346"><p>Well, it goes back to the United Nations and the Council of foreign relations agreeing to bringing up 3rd world countries standard of living.... these free trade agreements are meant to export jobs and import goods. The businesses here wanted to break the unions and they are doing that. Japan has 1/2 % interest rate for businesses (they do NOT allow their own people this rate) so they started the Japanese carry trade and that slung money all around the world and is mostly to blame for this mess our country is in now. Japan has no intention of allowing imports and will put tariffs on anything that comes in and drive the business out. They've starved out their own people (they have no population growth, all kids live at home or have multiple families in the house). They keep hollering about China raising the value of their yuan but nothing is said about Japan's yen (and that because businesses want the carry trade to resume (which is detrimental to the USA) ....... </p><p></p><p>The federal reserve has lowered the interest rate so that all these housing loans that reset between now and 2011 (you think this will end this year, ha ha sorry folks this will last until 2011) can have low interest rates........... even though many could not and cannot afford the loan. Unemployment will increase that number as well. We've got the greatest transfer of wealth going on right now ever in history. The poor will be poorer and the rich will get richer.</p><p></p><p>We import 14% of our GDP and export 12 % of our GDP.......... those numnuts who keep saying export trade from the USA will help immensely towards our trade deficit (since when does 12 get bigger than 14) are sadly mistaken. WE NEED to put import tariffs on everything to equal trade barriers. </p><p></p><p>Devaluing the dollar so that our trade deficit will go down has all the other countries (China, Japan, Germany, India, Middle East and Europe) plotting how to keep the dollar up so they can export everything. It keeps their own economies going while we go into a 3rd world country status.</p><p></p><p>Food stamps are on the rise (1 in 10 Ohioans, 1 in 8 Michigan, 1 in 10 New York, etc....) and 7 million Americans are unemployed and it will get worse (and what is Congress doing?? comtemplating adding more HB-1 visas). The federal reserve intends to throw our country into a depression so that we'll stop buying imports (aren't we already busy paying more for fuel, utilities, food, medical ). THE CORRECT approach would be to put import tariffs on everything but Congress is sitting on their thumbs. American companies own the factories in India and China that are importing this junk back here and lobbyists will make sure they keep Congress in their pocket instead of doing what is right for the American people.</p><p></p><p>I really wonder if this financial fiasco wasn't planned so that they could bring in the North American Union and the Amero. That will bring on more "have nots" and lower wages even more. </p><p></p><p>Americans cannot consume if they don't have jobs at decent livable wages but no one is addressing that problem........</p><p></p><p></p><p></p><p></p><p>As a side note: go to <a href="http://www.whatdoesitmean.com" target="_blank">http://www.whatdoesitmean.com</a> and read about the GMO seeds causing death of bees, so I'm leary about that being good for consumption.</p></blockquote><p></p>
[QUOTE="MoGal, post: 520884, member: 1346"] Well, it goes back to the United Nations and the Council of foreign relations agreeing to bringing up 3rd world countries standard of living.... these free trade agreements are meant to export jobs and import goods. The businesses here wanted to break the unions and they are doing that. Japan has 1/2 % interest rate for businesses (they do NOT allow their own people this rate) so they started the Japanese carry trade and that slung money all around the world and is mostly to blame for this mess our country is in now. Japan has no intention of allowing imports and will put tariffs on anything that comes in and drive the business out. They've starved out their own people (they have no population growth, all kids live at home or have multiple families in the house). They keep hollering about China raising the value of their yuan but nothing is said about Japan's yen (and that because businesses want the carry trade to resume (which is detrimental to the USA) ....... The federal reserve has lowered the interest rate so that all these housing loans that reset between now and 2011 (you think this will end this year, ha ha sorry folks this will last until 2011) can have low interest rates........... even though many could not and cannot afford the loan. Unemployment will increase that number as well. We've got the greatest transfer of wealth going on right now ever in history. The poor will be poorer and the rich will get richer. We import 14% of our GDP and export 12 % of our GDP.......... those numnuts who keep saying export trade from the USA will help immensely towards our trade deficit (since when does 12 get bigger than 14) are sadly mistaken. WE NEED to put import tariffs on everything to equal trade barriers. Devaluing the dollar so that our trade deficit will go down has all the other countries (China, Japan, Germany, India, Middle East and Europe) plotting how to keep the dollar up so they can export everything. It keeps their own economies going while we go into a 3rd world country status. Food stamps are on the rise (1 in 10 Ohioans, 1 in 8 Michigan, 1 in 10 New York, etc....) and 7 million Americans are unemployed and it will get worse (and what is Congress doing?? comtemplating adding more HB-1 visas). The federal reserve intends to throw our country into a depression so that we'll stop buying imports (aren't we already busy paying more for fuel, utilities, food, medical ). THE CORRECT approach would be to put import tariffs on everything but Congress is sitting on their thumbs. American companies own the factories in India and China that are importing this junk back here and lobbyists will make sure they keep Congress in their pocket instead of doing what is right for the American people. I really wonder if this financial fiasco wasn't planned so that they could bring in the North American Union and the Amero. That will bring on more "have nots" and lower wages even more. Americans cannot consume if they don't have jobs at decent livable wages but no one is addressing that problem........ As a side note: go to [url=http://www.whatdoesitmean.com]http://www.whatdoesitmean.com[/url] and read about the GMO seeds causing death of bees, so I'm leary about that being good for consumption. [/QUOTE]
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