Author: vincent01

Is Barack Obama's re-election good news for China?   [Copy link] 中文

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Post time 2012-11-7 23:35:04 |Display all floors
We can't know if it is good for China or not.

It depends on what Obama will do in the future and what Romney would have done if he was ellected. Both are things that we don't know.

We can guess that Obama will probably be a little bit less of a warmonger which is a good thing for all the people of the world but we ca never be sure of this.

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Post time 2012-11-7 23:48:38 |Display all floors
It is the better of two evils, but the US will still do all it can to slow China's progress.

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Post time 2012-11-7 23:58:53 |Display all floors
Everynowhere Post time: 2012-11-7 22:50
I do find US statistics rather confusing and can neither verify nor falsify your allegations... ho ...

I said defense spending AND capitalism out of control.

Our debt had zero to do with providing social programs or food stamps.  We don't give out near as much as europe - not even close.

The wars have been costing us millions every day.  Its not just in paying our soldiers, equipment and weapons.  We have been 'nation-building' which includes paying out for hospitals, schools and government infra-structure.  It also includes taking care of our veterans who have come back with missing legs and arms.  And the continued care to our veterans who have suffered.  They get free health-care for life.  On top of that - we still have all these bases around the world.  Its extremely expensive.

I say its high time we spend less on our military and other countries spend more.  There is no reason in the world we should be subsidizing europe's defense.  You guys can do that all yourself.  Its a waste of our money.

And the banks - again, this was caused by the lack of regulations.  Companies dealing in subprime loans, selling them off and making millions in profit all the while they know the loans are no good.  Eventually, this stuff catches up.  It did and it was devastating.  Laws were changed.  You can't give someone a 500,000 loan for a house when they clearly can't afford it or are too much of a risk.  But that is exactly what they were doing.  They approved all these risky loans and then would sell them off to other banks making millions in profits while the banks got stuck with the bill.

The republicans want to peel back those regulations put in place after the crisis.  Insane!!






  
Behold the turtle. He makes progress only when he sticks his neck out.

                          -  James Bryant Conant

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Post time 2012-11-8 00:13:02 |Display all floors
Everynowhere Post time: 2012-11-7 22:50
I do find US statistics rather confusing and can neither verify nor falsify your allegations... ho ...

Sent you a link by message.
  
Behold the turtle. He makes progress only when he sticks his neck out.

                          -  James Bryant Conant

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Post time 2012-11-8 00:17:21 |Display all floors
Everynowhere Post time: 2012-11-7 22:50
I do find US statistics rather confusing and can neither verify nor falsify your allegations... ho ...

Does this help?

  
Behold the turtle. He makes progress only when he sticks his neck out.

                          -  James Bryant Conant

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Post time 2012-11-8 00:25:14 |Display all floors
Everynowhere Post time: 2012-11-7 22:50
I do find US statistics rather confusing and can neither verify nor falsify your allegations... ho ...

The afghan war is costing us 300 million dollars a day according to the pentagon.

AND....with all the tax cuts, we have almost half the population not paying any federal taxes.  They pay all year, but when it comes to tax time, with all the deductions and breaks, the tax liability gets zeroed out so they get back everything they paid in.

We have to raise taxes period.  In europe, people are taxed too much, in the US, we're not taxed enough.  Its all about getting out of taxes every way you can.

We can't keep raising our spending while lowering the income coming in.  
  
Behold the turtle. He makes progress only when he sticks his neck out.

                          -  James Bryant Conant

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Post time 2012-11-8 01:54:57 |Display all floors
this time around obama was really extremely lucky to be re-elected, and here's the reason why...1-hurricane sandy, 2-chris christie praised obama and 3-mike bloomberg endorsed obama for climate change. all these factors contributed such upperhands for obama to win without tryin hard  
a man who uses his hands is a laborer. one who uses his hands and his mind is a craftsman. but he who uses his hands, his mind, and his heart, is an artist...

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