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SNL Opening, Obama, China wants their money back
Submitted by sharpsteve on Sun, 11/22/2009 - 15:41
China Cold Open, China would like their money back. Also Al Gore was on SNL's Weekend Update. » |
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Actually, I'll bet China did
Actually, I'll bet China did get a lot of those clunkers. They want raw materials. I heard one talking head say that the C4C program was dreamed up by the Chinese Embassy. It makes sense. China wants to support the dollar while acquiring commodities - not an easy trick. If they buy iron and steel directly with dollars, that drives the value of dollars down. So they loan the US some of their dollars, which keeps the value of the dollar from plummeting as fast as it would otherwise. Then the US follows through on their end of the bargain by spending the dollars on clunkers, which are crushed and sold to China at a deep discount. It's called a kick-back deal.
Do we know where those clunker lumps wound up?
This is a major event. It
This is a major event. It says it is okay now to laugh at Obama's absurdities. Until now, acceptable Obama jokes poked fun at superficial things, or at his opponents. The late night shows were still working the Cheney, Palin, and McCain jokes. The honeymoon is over.
Very Surprised How Truthful This Video is From NBC!
It makes me wonder if the government stepped on GE's toes somehow; normally they are in bed with the government - stealing money from the people and taking handouts.
1) 800 Billion owed to China
2) Stimulus has created zero jobs.
3) Cash for clunkers.
But, in the end, I guess they don't point out that the Fed is really at the core of responsibility.
Ron Paul's Convention Speech
Ron Paul's Convention Speech
I want my money back, too, China!
I want medical expences paid and refunds given to me and all my fellow Americans, for all the toxic products and toys you've been selling to us to give to our babies and young children all these years.
*****
"We have always known that heedless self-interest was bad morals, now we know that it is bad economics." Franklin Delano Roosevelt, Jan. 20, 1937
. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!
Made in China?
Story posted 2009.11.23 at 10:19 AM EST
By Kristi E. Swartz
The Atlanta Journal-Constitution
The Consumer Product Safety Commission will announce a massive crib recall on Tuesday, a spokeswoman for the agency said Monday.
The spokeswoman said she had few details other than the recall would be announced Tuesday.
A report from ABC News said the recall would be the largest in history and would involve cribs with drop-down sides.
The Bethesda, Md.-based CPSC issues safety information, warnings and recalls on consumer products such as toys, cribs, power tools, cigarette lighters and household chemicals.
More than 4.6 million cribs have been recalled since 2007. The CPSC announced the recall of 400,000 drop-side cribs manufactured by Simplicity Inc. in July because they pose a risk of suffocation. Simplicity and crib maker Delta Enterprises also have issued voluntary recalls.
*****
"We have always known that heedless self-interest was bad morals, now we know that it is bad economics." Franklin Delano Roosevelt, Jan. 20, 1937
. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!
As I thought!
Description: The recalled cribs are made of wood and have a wooden mattress support. Only cribs with wooden mattress supports and with model number 8740KCW SC and serial number 2803 SC to 1605 are included in this recall. The model and serial number are printed on the envelope attached to the mattress support.
Sold at: Department stores, and children's product stores from August 2003 through May 2005 for about $130.
***Manufactured in: China***
Remedy: Consumers should call Simplicity Inc. to receive a retrofit kit.
*****
"We have always known that heedless self-interest was bad morals, now we know that it is bad economics." Franklin Delano Roosevelt, Jan. 20, 1937
. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!
You were saying?
"We have always known that heedless self-interest was bad morals, now we know that it is bad economics." Franklin Delano Roosevelt, Jan. 20, 1937
. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!
that was the most AWESOME thing i've seen today...
throughout past history, many a courageous people have resorted to satire to expose corruption and lies in their government when there was no apparent main stream media available to them to otherwise get the "truth" out
this piece, at once, showcases the american elite government's condescending voice towards the rest of the world even in the face of it's imminent collapse, as well as the truth of how stupid they, the american government, thinks we, the american people (and the world) are...
i think this piece will be looked at through the lens of history as a very real example of the way we, the people came to expose the clowned stupidity that is the "elite" government!
these new world jokers are two things: very very rich and very VERY stupid!
we will destroy them!
O Captain! My Captain! Rise up and hear the bells!
its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
It's the Economy, Stupid
Remember in the primary, no one but Dr. Paul was talking about bankruptcy?
Wow.
IMissLiberty
IMissLiberty
Good one
Good one
...
The Chinese
love our cheap money..they are using all those dollars to buy up American businesses, property, toll roads, bridges, National landmarks....The Chinese are doing just fine...soon they will own us.
Oh yeah? Just like Y2K...right?
I've been around the block.
They used the same stupid scare in the 80's. Back then it was the Japanese who were going to buy up everything.
Newsflash: No one wants to buy up land anymore...if you buy up the land, you then have to run the place...and people just don't have the morals of conquerors anymore. It is far more profitable to keep people paying the minimum payments on loans.
BTW: Despite what *everyone* says, our debt to income ratio isn't bad.
Debt: 12 trillion
Income: 14 trillion
Before your primitive mind says, "that only leave 2 trillion". You have to remember that that debt is low interest over a long period of time (thus, low payments)...like a mortgage.
For example, the 12 T debt to 14 T income (GDP) is like making $140,000 and having a mortgage of $120,000. That isn't bad at all.
BTW: China is in debt too (380 billion...which is 18.4 % of their GDP). That percentage is a lot lower than ours, but our infrastructures are much stronger than China's.
Anyway, heed no mind to the endless parade of boogeymen.
oops
Oops, this is no longer correct:
"You have to remember that that debt is low interest over a long period of time"
USA debt financing has been moving toward shorter maturities. When interest rates eventually rise, the shorter debt maturities will need to roll over. Much like the shock experienced by those with adjustable rate mortgages, the price of debt financing will rise.
Good info on short maturity USA debt at this link: http://dmarron.com/2009/09/29/more-tips-to-finance-our-growi...
http://FlipFlopRomney.blogspot.com
You forgot...
about the 100 trillion or so we owe ourselves...
it becomes a little harder to repay anything when you take that into account.
Vote em all out! - http://www.teabombs.com/
Fellow Veterans, This Is A Call To Arms!
http://www.facebook.com/events/192677970828185/
February 20, 2012 - Veterans For Ron Paul March on D.C.!
Lately
I feel like that Chinese president...
True
____________________________________________
The Federal Reserve, Stealing the American Dream since 1913
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I Vote Ron Paul!
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I think actually Obama should have bent over
The people at SNL couldn't go all the way. Too bad.
Wasn't it Obama that was on a bow and beg Tour? Right!
~~~~~~~~~~~~~~~~~~~~~
"God is at home, it's we who have gone out for a walk."
Meister Eckhart
yes
By a mule on on viagra wearing a 20 Grit Sand paper condom.
______
The Abuse of Greatness is when it disjoins remorse from power. - Shakespeare
The Abuse of Greatness is when it disjoins remorse from power. - Shakespeare
LOL!
LOL!
That was Great!
I would love to pass it on but some people might be a little shocked.
Healthnut4freedom
"Trust in the Lord with all thine heart; and lean not unto thine own understanding. In all thy ways acknowledge Him, and He shall direct thy paths." Proverbs 3:5,6
Healthnut4freedom
The lip of truth shall be established forever: but a lying tongue is but for a moment...Lying lips are abomination to the LORD: but they that deal truly are His delight. Prov 12:19,22
lol, awesome
lol, awesome
Ventura 2012
very funny stuff
____________________________________________
The Federal Reserve, Stealing the American Dream since 1913
My News Twitter http://twitter.com/sharpsteve
My YouTube http://www.youtube.com/user/sharpsteve2003
I Vote Ron Paul!
My News Twitter http://twitter.com/sharpsteve
My YouTube http://www.youtube.com/user/sharpsteve2003