Hu Dat?

Chinese President Hu Jintao emphasized the need for cooperation with the U.S. in areas from new energy to space ahead of his visit to Washington this week, but he called the present U.S. dollar-dominated currency system a “product of the past” and highlighted moves to turn the yuan into a global currency.

The Chinese pouch our industrial base because Liberals hate business and make regulations, ObamaCare, and are just generally hostile to business so they go to China to compete in the world economy and they get it from the Chinese too, but they can’t come back because the Liberals will just sack them if they do.

The “soak the rich”, “CEO’s are evil”, “Corporate fascism” of the Left has consequences.

Class Warfare has consequences.

So China has our debt. Our Industrial Base. And now they want to be the big Dog.

And what will President Obama do about it?

Likely bow and apologize and grovel. Be “reasonable”.

We aren’t any better than them, we are all equal.

I guarantee the Chinese don’t think so.

On the economic front, Mr. Hu played down one of the main U.S. arguments for why China should appreciate its currency—that it will help China tame inflation. That is likely to disappoint Washington, which accuses China of unfairly boosting its exports by undervaluing the yuan, making its products cheaper overseas. The topic is expected to be high on U.S. President Barack Obama’s agenda when he meets Mr. Hu at the White House on Wednesday.

They are the barbarian hordes who have come in an sacked the over-bloated, decadent, Roman Empire – US.

Mr. Hu’s responses reflect a China that has grown more confident in recent years—especially in the wake of the global financial crisis, from which it emerged relatively unscathed.

They don’t respect us. They just see us as the big target to pick off and if they can get others to value the Yuan over the Dollar as the universal currency stick a fork in US we’re done.

So what will the Liberals do about it?

Nothing. Why would they? We are no better than than them. They are no better than us. We aren’t special. We ARE Greedy. And Corporate America is EVIL.

We deserve it.

The Chinese are Wal-Marting us. They deliberately undersell to drive the smaller competition away (in this case to China, India — anywhere but here!).

He called for an international financial system that is more “fair, just, inclusive and well-managed.”

Sound like a Liberal does it?

Sound like we can do it better because we are smarter-than-you Liberalism?

Fascinating isn’t it?

“The current international currency system is the product of the past,” he said, noting the primacy of the U.S. dollar as a reserve currency and its use in international trade and investment. (WSJ)

Add to that 70%+ of our Oil comes from people who want us dead. And what is the Liberal response?

Oil Moratoriums, Drilling Bans, and State Park set-asides that prevent US from supplying our own oil.

After all, Oil is EVIL!

So the Liberals turn to their “feel good” ‘green jobs’.

The Department of Labor has issued several million dollars in grants to community colleges and specialized universities around the country to train students for “green jobs” in renewable energy fields. While the grants are supposed to fund the future “rank and file” workers of the renewable energy industry, there’s a glaring problem the DOL seemingly overlooked — those jobs are either non-existent or scarce.

A former college official who has applied for these grants and has in-depth experience working with the Department of Labor and the Department of Education told The Daily Caller that colleges will often fudge expected job placement numbers just to get extra government cash.

“On ground level – it’s a real struggle – my grant writers came to me and honestly said, ‘I don’t have any job projections, what do I tell them?’ You do your best to make up job numbers,” said the former college official, who wished to remain anonymous to prevent jeopardizing future job opportunities. “But it’s not like lying – it’s just guessing what we might be able to do in a best case scenario, but you don’t say it’s not likely for many jobs.”

The former college official told TheDC that, though his college received five different “green jobs” grants from the Department of Labor to train students, no program has been set up yet.

They’re being given to universities and community colleges to train students in technical or associate degree programs to work in yet-to-be-developed fields. Many of the grants are promised to colleges that pledged to push “green jobs” or “new energy technology,” but don’t go into much more detail about how they plan to go about doing that.

That’s ok, when they graduate with their head full of liberal ‘green’ mush they can stay on unemployment for 99 weeks. Stay on their parent insurance dole until 26. And then apply for welfare from the state because they can’t find a job and blame it all on evil Corporate America!

But they will have Obamacare!

Or they could go to China and get a job there. 🙂

So what, it “feels good”!! And it’s not evil Corporate America!!

But even plants that make solar panels (see – http://blogs.forbes.com/williampentland/2011/01/17/u-s-solar-manufacturer-to-u-s-taxpayers-drop-dead-2/?boxes=financechannelforbes) move to China to compete.

“Solar manufacturers in China have received considerable government and financial support and, together with their low manufacturing costs, have become price leaders within the industry,” said Michael El-Hillow, President and Chief Executive Officer, about the company’s decision. “While the United States and other western industrial economies are beneficiaries of rapidly declining installation costs of solar energy, we expect the United States will continue to be at a disadvantage from a manufacturing standpoint . . . Although production costs at our Devens facility have steadily decreased, and are now below originally planned levels and lower than most western manufacturers, they are still much higher than those of our low cost competitors in China.”

After all, the Chinese have the world’s largest collection of solar panel manufacturers. 🙂

So China is making our Over-expensive, not-yet proven-to-be-efficient wave of the future hippie-liberal ‘green tech’  and our “green jobs”.

Talk about “shovel ready”.

They are just Chinese shovels!!

So we have very little industrial base. We have little domestic oil and energy production and our own companies leave because they can’t be competitive here.

Thank you, Class Warfare and Environmentalist  Whacko Liberals!

Mad yet?

You should be.

But don’t tell the Liberals, they will just have go off in a fit of rage and burst a few blood vessels and have a conniption about the evils of Corporate America, Oil, Wal-Mart, and Big Oil!

They’ll even foam at the mouth and spit poison! 🙂

But don’t worry, The Chinese will undoubtely come up with a cheaper solution for that too.

Just as the Visigoths did. But the big difference is that the Liberals will be handing out the torches!

After all, it’s George W. Bush’s, Palin, Beck, Limbaugh, Republicans, “The Rich”, Conservative’s  Fault! 🙂

Political Cartoon

Political Cartoon

 

The Apple of Capitalism

From TIME Magazine Online:

“Mama,” my young son informed me yesterday, “I know how you can sneak an explosive onto an airplane.”
It was the kind of overconfident declarative that makes a parent sit up and take notice. I did both. “You put it in the front of your underwear,” continued Aviv, who turns 8 this week, “because they don’t touch you there.”

Out of the mouth of Babes! 🙂

Hey Janet, time for a bit more Sexual Molestation. Go for the Full MONTY!

If an 8 year old can figure it out then surely you can. 🙂

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Michael Ramirez Cartoon

On those rare occasions when it’s not demonizing businesses as bastions of corporate greed, the White House and all its supporting players spend their time pondering why U.S. businesses, with mountains of cash, won’t use at least some of it to hire workers. A mere 900,000 jobs were created in 2010, while U.S. companies sat on $1.1 trillion in cash.

Last week, President Obama went so far as to meet with 20 CEOs for several hours over this, “asking the attendees to dialogue with him on a shared agenda focused on moving our economy forward,” according to a White House statement.

We don’t have any inside lines as to what was said, but news is trickling out the Obama administration is starting to think about doing something big to end the jobs drought in the U.S.

The something big would be to lower the U.S. corporate tax, which at 35%, stands as the second-highest in the developed world. President Obama only told NPR that he discussed “simplifying the system, hopefully lowering rates, broadening the base.”

If so, and if there are no accompanying sleights of hand to extract cash from businesses some other way, as some reports have it, it’s good news. Nothing inhibits the creation of U.S. jobs quite like high corporate taxes and their accompanying regulatory regime.

The fact is, companies sitting on cash aren’t doing nothing. They’re hiring overseas, creating 1.4 million jobs in 2010 alone, according to the Competitive Enterprise Institute.

That’s not because they prefer foreigners to Americans, but because the bad business climate here pushes them to do so.

High Corporate Taxes. ObamaCare. Financial Regulations to choke you to death.And Unions who want to destroy you rather than work with you.

Yeah, sign me up.

The rest of the world is a vastly different place from Obama’s U.S., which is characterized by high taxes and protectionist set-asides for politically connected unions that shut out free trade.

In places like Indonesia, Singapore, Taiwan, India and Thailand, nobody demonizes business or blasts trade. Instead great efforts are made by the state and the private sector to draw in foreign investment by becoming more competitive than their rivals.

U.S. multinationals go to these places not because labor is cheap but because these policies also create boomtowns with lots of customers. Incredibly enough, sometimes overseas profits and jobs provide a lifeline for troubled U.S. companies back home. Take GM — today, its Brazil and Korea operations help keep it afloat.

Growth in the 8% to 9% range is typical in Asia. But even in other pro-business areas — like the city of Lyon, France, or the manufacturing mecca of Tijuana, Mexico — governments are going out of their way to attract U.S. investment.

In Tijuana’s case, they’ve succeeding despite an ugly drug war.

While high-tax, high-bureaucrat suburbs around Los Angeles draw investment from hot sauce factories and hire unskilled workers, Mexico is drawing aerospace manufacturers and hiring engineers. Colombia, Chile, Brazil, Qatar and even the Republic of Congo are pulling them in, too.

Why? So long as profits are encouraged instead of taxed, the natural outcome is jobs. It’s that simple. They get it. Why don’t we?

Salon magazine noted that as companies shift their hiring overseas, the 1.4 million jobs created there could have, if they were created here, lowered the unemployment rate to 8.9% from 9.8%.

It’s not for nothing that the rescuers of Chile’s trapped miners this year knew the names of all the specialized American manufacturers to call for help. These companies had already been working in Chile because the government made it worth it to do so.

If small, remote countries like Chile can create opportunities for U.S. companies to invest and and hire workers, why can’t we? (IBD)

Because liberals heart-and-soul need for class warfare overrides reason and intellect so they go for the “rich” and for the “greedy” businessman and then wonder why they aren’t just rolling over and playing kissy-kissy with them back.

But there are rumors that Obama may lower the Corporate Tax (the 2nd highest in the world) to stimulate jobs because he is now running for re-election.

But I’m sure the the Left will have a major coronary and hissy-fit if he does. So it will probably be loaded down with Agenda Pork and go nowhere if he even has the guts to propose it.

But the Class Warfare of Business vs “worker” is at the heart of Liberalism so they can’t just forgive one of their fundamental beliefs and fundamental political strategies.

Nothing is easier for politicians than to play Santa Claus by promising benefits without mentioning the costs — or lying about the costs and leaving it to future governments to figure out what to do when the money runs out.

Or demonizing business then simultaneously turning around two-faced and demonize them for not wanting to do business with them.

It’s all politics. And it’s all for the benefit of the politicians and their “base”.

No one else.

Liberals never tire of discussing their own generosity, particularly when demanding that the government take your money by force to fund shiftless government employees overseeing counterproductive government programs.

They seem to have replaced “God” with “Government” in scriptural phrases such as “love the Lord your God with all your heart, and with all your soul, and with all your mind.” (Matthew 22:37)–Ann Coulter

And Business, to Liberals, is the snake in the Garden of Eden, tempting you to ruin with the Apple of Capitalism!

You must Resist the Temptation! 🙂

Political Cartoon

Political Cartoon

Political Cartoon