Papantonio: Obama, China, and the Balance of Power

[hardtoresist100]

I disagree with Mike. As far as I can tell there should be an equality in balance of power. If one country is progressing economically, instead of being a factor of superiority complex we should think what steps should we take in order to achieve better economical result rather than blaming other nation.

[sparkitem]

Look at the body language of compares. there biased with bloody jealous hearts.

They are jealous with china & other asian nations. Its not Humanity.

they say themselves Super power, but they don't want to see any other power.

Selfish ppl

[brightchin]

could any one answer my question?

here is it,

in the purpose of discounting the debt, can we just sell the military technology to china? seems like this is the only things that we have.

we don't have to sell them the most advanced technology, but less progressive technology are good chose. even they have it, doesn't mean they learn it.

i know the chinese don't have it and they really really want it.

why don't we just sell it to them?

do any of you believe the china is a peaceful nation? or not?

[shyamranger]

He is Right.

[shijieheping123]

i can't believe he said "mr jintao"

[wangsishuo]

LOL MR BARACK

[northmeister]

Trade is wasteful and detrimental to the environment - it still takes slow moving energy guzzling ships to transport those goods to us - further 'free trade' is rooted in a 19th century philosophy our Fathers rejected (we were protectionists like China and Japan are today, except we relied on our own internal market rather than exports) - it does not evenly develop the world, it is rooted in us vs. them mentality. International make it here to sell it here, would develop the world.

[rjbonacolta]

Dude the People's Liberation Army would chew us up and spit us out.

[EziekielNightwind]

She challenged me, so here goes.

America's "Military Might"!? PSH! HAHAHAHA! Sure, it's BIG, but it's not nearly as well trained as Canada's army, at the very least.

The US army couldn't even fight a civil war in Iraq, not to mention Afghanistan, who Canadian soldiers have been doing very well in.

[EziekielNightwind]

That said, make them want American goods?

Other then software, what would anyone want from America? Certainly not electronics, nor vehicles. I guess maybe toothpaste from Colgate. Certainly not TV shows, except for the few rare exceptions, and certainly not movies, except for the rare exceptions. Even then, that's not enough to base an economy.

[Newssnoop]

Mike does a good job at making the hosts feel relevant, even though it is obvious they have not a clue. Case in point, Rebecca @ 4:08

[by78]

She has ok legs though, and that is what these cable channels care about.

[skybirdbird]

buy their goods with what??????our tax bill......we can't print money in our basement like the fed....... bring all the crap over they want.....i sure won't buy any and i am not alone...........

[EziekielNightwind]

That's good for you and yours, but that's not what your chamber of commerce wants. They've been telling people NOT to buy American.

[skybirdbird]

so what.......we have to do what they tell us to do...

are you kidding me......think for yourself..........

[EziekielNightwind]

Hell no, I'm just pointing out that the group that supposedly represents all the small businesses in America doesn't want people to buy American.

As for your fed, you gotta fix it, not abolish it. If you abolish it, you're going to go back to having panics every 10 years. You gotta fix the fed so that they stop speculation, and ease the burden of recessions IE; to do what it was set up to do.

[skybirdbird]

i don't know.......maybe a little panic every 10 years is a good thing.....

[EziekielNightwind]

Except that stifles your economic growth.

[northmeister]

Eziekiel, the Fed should be replaced with a true National Banking System, that services the expenses of the nation, and it should not be private, but governmental. its structure should be changed to exist in each state to service the expenses of each state and each county for their expenses...to be a bank of government and banks. That said, this foolishness we need to borrow from China or anyone else has to stop - its a game, we need not play. True wealth is what China/Japan gots Factory/Skills

[jjrglobal]

@EziekielNightwind

Fix the Fed???

Thats like saying fix the mafia.

The Fed creates the boom and bust cycle by manipulating the interest rate. Interest rates should be a reflection of savings and deposits, the more savings and deposits a bank holds the lower the rate and vice versa. Int rates send signals to businesses that determine long term investment, when these signals are distorted, many businesses make bad decisions based on int. rates.Recessions are not coincidental theyre created