This is a great movie about Detroit and how the economy started to fall apart: A Dream Revered | Infowars Online Film Festival
I think if we keep loosing our hard industries (by giving them up to China and India, just to keep the Dollar floating) the rest fo the economy will go down with it. It is simple impossible to have a good economy with just a service sector and welfare..
No kidding.... The $16 trillion Federal Frankenstein.. the cause of all economic and freedom issues the country facing currently...The liberals won't believe you, because you left out that huge federal gov't to fix everything.
This is a great movie about Detroit and how the economy started to fall apart: A Dream Revered | Infowars Online Film Festival
I think if we keep loosing our hard industries (by giving them up to China and India, just to keep the Dollar floating) the rest fo the economy will go down with it. It is simple impossible to have a good economy with just a service sector and welfare..
No kidding.... The $16 trillion Federal Frankenstein.. the cause of all economic and freedom issues the country facing currently...
This is a great movie about Detroit and how the economy started to fall apart: A Dream Revered | Infowars Online Film Festival
I think if we keep loosing our hard industries (by giving them up to China and India, just to keep the Dollar floating) the rest fo the economy will go down with it. It is simple impossible to have a good economy with just a service sector and welfare..
This is a great movie about Detroit and how the economy started to fall apart...
This is a great movie about Detroit and how the economy started to fall apart: A Dream Revered | Infowars Online Film Festival
I think if we keep loosing our hard industries (by giving them up to China and India, just to keep the Dollar floating) the rest fo the economy will go down with it. It is simple impossible to have a good economy with just a service sector and welfare..
Loosing some industries should not be an issue, you cannot compete with the cutthroat prices some foreign companies can work with. The industry has to replaced by other industry, sophisticated industry but too long the US has floated on an economy fueled by service industry and computer software (silicon valley) and almost totally driven by consumer spending in the US and around the world. This was a foolhardy economy because as soon crisis struck the consumer driven economy was floundering badly and could only be revived by renewed spending. This is combined with the fact that other countries are catching up on computer industry and service industry.
The US has to re-invent itself and be the best in all the new industries out there, the ones money can be made off and where the US is technologically advanced than all other countries in the world.
The liberals won't believe you, because you left out that huge federal gov't to fix everything.
You might not like to hear it ....but here is the bitter pill----> There will be absolutely nothing wrong with the world if the US is no longer #1.
China can be the dominant country .....and it won't matter. It isn't law, or karma or some divine or heavenly intent that America should be #1.
Look at any sport ....one guy works his way up to dominate ....he does so for a while ....and then somebody takes his place .....and the world goes on!
You might not like to hear it ....but here is the bitter pill----> There will be absolutely nothing wrong with the world if the US is no longer #1.
China can be the dominant country .....and it won't matter. It isn't law, or karma or some divine or heavenly intent that America should be #1.
Look at any sport ....one guy works his way up to dominate ....he does so for a while ....and then somebody takes his place .....and the world goes on!
Why would I not want to hear it or think it is a bitter pill?
Why would I think it is a law, karma of divine/heavenly intent that America is number 1?
Just to clarify, I do not have a problem with the US being number one in the world economy, it is fine but if not that is fine too. The US will keep on growing and being the most important country in the world. The most important country status is more than just number one in economy.
China might have the economic power to become a superpower but it does not have the moral authority or the military authority to become a superpower. That is still 100% the USA.
Like I said ...it will be a bitter pill for you to swallow.
Let me repeat ....there is nothing wrong ...if some other country becomes the world super power in the same capacity the US is in today.
The world will go on and may even be a better place to live.
Americans are led to believe being No.1 is some divine will ....and it's a bit reckless and dangerous. Because with that mind set you people can be quickly stirred up to vilify and go to war. After all if being no.1 is some divine will .....and you're losing that status ....it must be because the new super-power is evil...right?
Can't be because they work hard and their people are literally genetically smarter than Americans....right?
Like I said ...it's a bitter pill. China have that capacity, they can win economically, they can lead morally and a military is something you build ....with money ...I wouldn't even factor that in because it's a given.
What moral leadership are you blabbering about?And you still seem to think that would be a bitter pill for me to swallow? And why you should think that is beyond me. I thought I was pretty obvious is my response earlier:
Why would it be a bitter pill for me to swallow???
Also, China does not have the moral leadership of the world. They are not a democracy and rule by military power in their own country oppressing their own population in the process. Maybe some day they will have moral leadership and military leadership but that position is still in the hands of the USA and it will remain there for the time being.
What moral leadership are you blabbering about?
America have slavery as their most significant historical event....followed by decades of Jim Crow ...something that persists today!
Do you actually think ....this moral leadership.....is something America gets to decide?
China isn't going to sit around waiting for America to tell them or give them anything bud ....they'll simply take it!!
When the time comes ....your authority will be as significant as the leader from Bangladesh or Guam!!
This is what I've been saying .....it's a bitter pill for you to swallow!!
America have slavery as their most significant historical event....
Like I said ...it will be a bitter pill for you to swallow.
Let me repeat ....there is nothing wrong ...if some other country becomes the world super power in the same capacity the US is in today.
The world will go on and may even be a better place to live.
Americans are led to believe being No.1 is some divine will ....and it's a bit reckless and dangerous. Because with that mind set you people can be quickly stirred up to vilify and go to war. After all if being no.1 is some divine will .....and you're losing that status ....it must be because the new super-power is evil...right?
Can't be because they work hard and their people are literally genetically smarter than Americans....right?
Like I said ...it's a bitter pill. China have that capacity, they can win economically, they can lead morally and a military is something you build ....with money ...I wouldn't even factor that in because it's a given.
The liberals won't believe you, because you left out that huge federal gov't to fix everything.
Adding to the controversies over both congressional and presidential impotence was the question about the looming financial default of New York City. For eight months, the nation's most populous city, paying the price for attempting to cope with overwhelming economic and social forces, without budgetary discipline, stood at the brink of economic collapse. Only in later months did it become apparent that the New York predicament merely epitomized the problems faced by the nation's older urban centers. Meanwhile, with default virtually a certainty, those with traditionally rural biases against big-city evils found satisfaction that, at last, the "chickens had come home to roost" because of "misguided liberalism." Ford, the conservative, Middle American president, assumed the support of that constituency and kept his distance from the situation even as harried local officials searched for ways to avoid fiscal disaster.
Ford's position was never a mystery. Yet, when he delivered a stern rebuke to the city on 29 October 1975, promising to veto any "bailout" of the nation's premier city, the finality of his statement came as a draconian blow. In one of those journalistic feats that convert a political leader's comments into pungent rhetoric, the New York Daily News reported the president's position with the headline FORD TO CITY: DROP DEAD . The Ford rationale, of course, was simple: only by his display of firmness would the city tidy its financial house.
In the days that followed, there was a growing realization that the administration's position had underestimated how much others throughout the country feared the implications of permitting the collapse of New York City. Vice President Rockefeller openly began to suggest that the government might indeed have to play a role. From within the White House itself came similar signals, especially from Treasury Secretary William Simon.
Ford held to his stern justification that he was forcing New York to restore its own fiscal viability, but at the same time, his retreat had become inevitable. Within the city, frantic negotiations took place involving all parties, including banks that had funded the city's short-term securities. Under the pressure, all interested parties came together during additional weeks of negotiations. Drastic reductions were made in the city's work force. Bankers restructured bond issues. The new Municipal Assistance Corporation was established to sell securities. Union pension funds were committed to their purchase. One near disaster after another was averted in a series of cliff-hanger scenarios.
Finally, with the city seemingly acting to repair the damage and the broader consequences of a default becoming clearer, Ford changed his stance when he met the press on 26 November. "I have, quite frankly," he announced, "been surprised that they have come as far as they have." Ford then asked Congress to approve federal loans to the city on a seasonal basis through 30 June 1978. He covered his own retreat by emphasizing that New York had "bailed itself out." Finally, by a narrow margin in the House, Congress approved Ford's request for a seasonal financing act to provide up to $2.3 billion for short-term loans during the next three years at 1 percent above the federal cost of money. To further fortify the city against default, in case that assistance failed to work, additional legislation was enacted to facilitate municipal bankruptcy proceedings so that New York and other cities could adjust repayment of their debts. Ford's position, combined with local and federal measures, induced some painful cutbacks but did start the process of rehabilitating New York's finances.
With the coming of the presidential election year, the status of the economy acquired a new urgency. Fortunately, by early 1976, inflation was easing off, and there were tentative signs of recovery, but unemployment would continue to fluctuate throughout the year at undesirably high levels. In his State of the Union message, Ford again urged a slowing down of government spending coupled with incentives for the private sector. "We thought we could transform the country through massive national programs, but often the programs did not work, he said, sounding a theme that became heard more frequently and with varying degrees of stress from Republican critics of the Democratic past. "Too often they only made things worse," he added, and called for a "new realism that is true to the great principles upon which this nation was founded.................."
The new york city crisis - Gerald R. Ford - policy, war, election, domestic, foreign, second
Hmmm...
Here is a another conservative/libertarian with similar views...Unlike most conservatives and Libertarian of Today he actually cared what happens to America and its US citizens.
Diving Mullah
This is a great movie about Detroit and how the economy started to fall apart: A Dream Revered | Infowars Online Film Festival
I think if we keep loosing our hard industries (by giving them up to China and India, just to keep the Dollar floating) the rest fo the economy will go down with it. It is simple impossible to have a good economy with just a service sector and welfare..
There is not one shred of evidence that deregulation or right to work were any factor at all in Detroit's demise. None.Detroit is a lesson in what happens when you let "right-to-work" laws and deregulation run rampant.
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