bail out for china

[k3456789]

america is the only country that allows to collect taxes all over the world so it has pay for loans all over the world

simple

[indiasucksalways]

China joined the WTO in 2001. All WTO members are required by WTO membership to allow their currency to float freely. China has never allowed its currency to float freely - thus making its products always cheaper than American products. Now after 10 years of $200 billion annual trade deficits, we wonder why the USA's econ is sinking. It's the Chinese, stupid.

[indiasucksalways]

'Free trade' only applies to America. China puts 200% tariffs on U.S. products and India puts 150% tariffs on our auto. India also banned all Chinese toys because Indian toy producers can't compete. Meanwhile U.S.A's markets are wide open. We don't have free trade. What we have is unbalanced trade that is sucking the USA dry.

[therealcaptobvious]

I wonder if he's referring to the $700 billion that China holds in US treasuries. 700 billion is a magic number! First it's the amount of our trade deficit. It's also the amount of the 1st bailout. there was also an electric run on the banks worth $550 billion. Then G-20 and a G-7 meetings. China is definately involved. The govt is not giving us any transparancy on how.

[admiralcrash1]

DId this happen? It sure did! Is thier yet another bailout on the table, and 55 trillion budget. Sure is. WTF SHEEP. Obama is destroying America. fuck you. wake up. Don't get mad at me, get mad at your new SOCIALIST DEMOCRACY, fueled by IMPERIAL CAPITALISM. WAKE THE FUCK UP.

[holykra]

HAHA I'm so shame to be American, we our banks spend recklessly and lend out money that banks don't have. Now this guy is blaming on other country such as China. god i hate this guy, why can't people spend less and rely less on credit, why are we still engaging in a war that is costing us billions per day. If attitudes like this republican still continues, I think this country is going downhill.

[indiasucksalways]

China Blocks iPhone In China 2/10/09

China Mobile chiefs, however, balked at this. Wang apparently considered the notion of Apple interacting and directly collecting payment from Chinese consumers as a "threat" to the operators dominance over the countrys mobile internet market.

[therealcaptobvious]

and I love how people defend China with a "free trade" arguement. It's not about free trade. there are bureaucratic motives behind this as well as internationally political ones.

[1349793]

America 's fucked if they elect people like

this to government.

Why doesn't he look at the source of the problem before he pushed the blame on others.

[lisajason111]

US sucks on china, for china makes all kinds of shits that americans use and eat. when stupid chinese realise that americans have nothing more than paper money to buy the shits, china will stop selling shits, and americans will have nothing to use and eat.

[auraixia]

bernard madoff !!

[jackwhiteboy]

actualy dip chit hes a demacrat but it doesnt matter there all owend

[seppukuhierarchy]

they did bailout China in the end. epic lulz

[EterLightwave]

HAHA I'm so shame to be American, we our banks spend recklessly and lend out money that banks don't have. Now this guy is blaming on other country such as China. god i hate this guy, why can't people spend less and rely less on credit, why are we still engaging in a war that is costing us billions per day. If attitudes like this republican still continues, I think this country is going downhill.

[therealcaptobvious]

Um, Representative Sherman is a DEMOCRAT. It says so on the screen.

[beancube2008]

So what I read from the speaker is like this:

Wall Street had sold America but they want their influence stay in the middle between owners and the debtors to manage their debts. Where are these people from?

[dilbertgeg]

We are bailing out foreign investors because the American Govt has made America DEPENDENT on foreign investors who continue to lend money.

Neoliberal economics has TOTALLY RIPPED OFF THE ENTIRE WORLD to keep up US living standards and mostly to make Wall St staggeringly wealthy - in past years and months.

USA citizens have also been ripped off by Wall St, but cheap loans from China hides that. Wall St needs to pay back.

With $684T in fake derivatives, and $13T GDP in US, where is bailout?

[dave777blaster]

thats was a long long time ago

before the music died

byebye American pie

drove my chey to the levi

but the levi was dry

and good old boys were sipping

Whisky and rye

the day the music died

[heresgene]

What was it like when American Patriots governed the United States?