Comments on: Why do people believe China owns America when in reality it is the opposite?

By: ruth

ruth — Sun, 07 Mar 2010 08:28:59 +0000

Do you really expect anyone to take you seriously with a name called "Black Radical?" Do you expect us to read that wall of words?

China is on a continent on the other side of the world. If they didn’t want to make cheap stuff for us, we would find someone else to do it.

Libs–you want to have your cake and eat it too. You let the government send our corporations packing because of the laws and regulations. You created an unhealthy labor market here. Now, you’re whining about cheap labor being exploited elsewhere. What do you expect? Corporations do business to make money.
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By: Minutiae Militia

Minutiae Militia — Sun, 07 Mar 2010 08:02:59 +0000

We owe China more than we have ever owed any country in the history of America. That's all together And Obama has been telling them to piss off.Would you believe this crackpot president if he said your head was on backwards?seems so.
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By: madd texan

madd texan — Sun, 07 Mar 2010 07:22:59 +0000

So, what happens if the Chinese decide NOT to lend the United States any more money? What happens when the United States CAN’T repay the loans to China? Are the Chinese just going to kick out the western businesses?
You’re right, China doesn’t "own" America, it’s simply the bank that holds the paper on it’s mortgage.
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By: CONSERVATIVE PUNANNY

CONSERVATIVE PUNANNY — Sun, 07 Mar 2010 06:41:59 +0000

They own our debt and they hold the mortgage on our country. They own America the same way the bank owns your home and your car until you pay them off.
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By: Jack

Jack — Sun, 07 Mar 2010 06:02:59 +0000

When the government takes loans, the people of that government are responsible to repay that debt.

Obama has borrowed $1.6 trillion, or 60% more then the United States earns per year from China.

However, their is such a thing in economics called decoupling. Thats when China no longer accepts the dollar Obama has destroyed and decides to keep its own goods.

Thats when our currency collapses….

And we can all blame Obama.
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Heres a tip: Now would be a good time to keep these comments to yourself.

By: I love being trickled on

I love being trickled on — Sun, 07 Mar 2010 05:48:59 +0000

China consists mostly of peasants and could easily go back to being peasants, plus they have the autocratic government ready to slap anybody who tries to complain. Americans would not tolerate a drop in their standard of living but so far the only thing they can think to do in protest to the crappy government is wave poorly spelled signs and dump out tea they bought, or for the liberals college students, join a grass roots effort to elect a guy who is more conservative than Clinton and who got the most Goldman Sachs money.
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By: Don't you believe them

Don't you believe them — Sun, 07 Mar 2010 05:14:59 +0000

Look at this way. Stop trade with China completely tommorrow. China survives and the US manufacturing shuts down. We gave up the basic manufacturing of primary products and materials for many crucial industries.
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By: Fear The Boom And Bust

Fear The Boom And Bust — Sun, 07 Mar 2010 04:51:59 +0000

what is cheap asian labor? cheap compared to the US? what is their standard of living? what is the exchange rate between the 2 currencies? what sets the exchange rates? if your going to talk economics, at least have a 101 knowledge of it
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By: Is Hussein Gone Yet

Is Hussein Gone Yet — Sun, 07 Mar 2010 04:25:59 +0000

because they are doing great and 0bama and Pelosi are destroying the US
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By: IM THE REAL PAUL GRASS 53 in all

IM THE REAL PAUL GRASS 53 in all — Sun, 07 Mar 2010 04:07:59 +0000

well for starters obama gets money from china so he can pass the unwanted stimulus. when you borrow you have to pay the piper
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