Can China Save America in Trillion Dollar Bailout
London, UK - Virtual Reporter at Catch Friday reports on today news:
I have just been watching on You Tube Leader BoehnerYou Tube Leader Boehner speak before the House after House Democrats push through an 1,100 page, trillion-dollar spending bill with less than 12 hours of public review time.
A man with a distinct foreign accent suggests that the Republicans had seven weeks to read the document, and his comment is interesting - he could certainly be someone I know, but he isn't. Does this man present an American's point of view?
Maybe I need to turn on the TV, Cenk Uygur says that every Republican voted against the bill, despite them saying that they would not be the 'No' party. So what is Cenk saying? He appears to be suggesting that the reason for the collapse of the American economy was on the unwise choices of the CEOs of American corporations, but the people who are going to pay the bill ultimately is the American tax payer, ie, you and I.
Frank Rich writing in the New York Times today, appears to suggest that Obama's plan for recovery will not work as already America's economy is depressed, and more bad news needs to be absorbed by the American public. American banks have failed, and those in charge of those banks have not been punished, nationalization appears around the corner.
Jim Angle reporting in Fox News cites David Walker, CEO of the Peter G. Peterson Foundation and former comptroller general of the Government Accountability Office, who suggests that there is irresponsibility and unethics, in spending the US's future earnings, and although economists agree that that is the only way forward, is it then right to nationalize healthcare?
For the average American these figures are totally misleading, and all they care about is staying afloat, surviving the hard times, and no matter what of the dollar is, being able to live comfortably, but how?
Hilary Clinton has the answer, which is in Asia and China low-cost outsourcing and products.
The Trillion Dollar spending package can go a lot further if you are paying a lot less for products, and China is just like a US State, with no minimum wage and red tape. Get China to replace Medicare, downsize the expenditure, and concentrate in the US on high upper end products and services.
Somehow I think that, that virtual assistant I get from Catch Friday is saving me time in News Analysis, don't you?
I have just been watching on You Tube Leader BoehnerYou Tube Leader Boehner speak before the House after House Democrats push through an 1,100 page, trillion-dollar spending bill with less than 12 hours of public review time.
A man with a distinct foreign accent suggests that the Republicans had seven weeks to read the document, and his comment is interesting - he could certainly be someone I know, but he isn't. Does this man present an American's point of view?
Maybe I need to turn on the TV, Cenk Uygur says that every Republican voted against the bill, despite them saying that they would not be the 'No' party. So what is Cenk saying? He appears to be suggesting that the reason for the collapse of the American economy was on the unwise choices of the CEOs of American corporations, but the people who are going to pay the bill ultimately is the American tax payer, ie, you and I.
Frank Rich writing in the New York Times today, appears to suggest that Obama's plan for recovery will not work as already America's economy is depressed, and more bad news needs to be absorbed by the American public. American banks have failed, and those in charge of those banks have not been punished, nationalization appears around the corner.
Jim Angle reporting in Fox News cites David Walker, CEO of the Peter G. Peterson Foundation and former comptroller general of the Government Accountability Office, who suggests that there is irresponsibility and unethics, in spending the US's future earnings, and although economists agree that that is the only way forward, is it then right to nationalize healthcare?
For the average American these figures are totally misleading, and all they care about is staying afloat, surviving the hard times, and no matter what of the dollar is, being able to live comfortably, but how?
Hilary Clinton has the answer, which is in Asia and China low-cost outsourcing and products.
The Trillion Dollar spending package can go a lot further if you are paying a lot less for products, and China is just like a US State, with no minimum wage and red tape. Get China to replace Medicare, downsize the expenditure, and concentrate in the US on high upper end products and services.
Somehow I think that, that virtual assistant I get from Catch Friday is saving me time in News Analysis, don't you?
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