BBC: "US signals new economic push"; my message to US: "Pu-push it real good!".
We need a faster recovery! :)
BBC: "China's leaders meet to plan economic future"; my message to China: "That's the way, aha, aha..."
We are glad that "political reform will even be on the meeting's agenda, after Premier Wen Jiabao recently issued a call for openness.
Mr Wen told US broadcaster CNN earlier this month that calls for "democracy and freedom [in China] will become irresistible".
In August, he said: "Without political reform, China may lose what it has already achieved through economic restructuring."
"The BBC's Martin Patience in Beijing says China wants to reduce the gap between the rich and the poor, which has grown in order to prevent strikes and disputes over pay, which have led to social unrest in the past."
The Roman Empire resorted to PANEM ET CIRCENSES to distract the large crowds of unemployed, unrested and unruly citizens.
Crowd Control Techniques.
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Now, back to the ranch, in USA.
"Democrats must know high unemployment in America has little or nothing to do with China. Yes, China should allow the yuan to rise further against the dollar. But China’s under-valued currency isn’t the reason we’ve lost 15 million jobs since the end of 2007. No, the tax code shouldn’t reward companies for relocating jobs there. But this tax break is barely relevant to the situation we’re in.
Our jobs crisis is due to the collapse of demand in the U.S. after the housing bubble burst. No longer able to borrow against the rising value of their homes, the vast American middle and working class can no longer spend enough to keep the economy going.
If Democrats (or Republicans, for that matter) want to blame something, blame America’s record level of inequality – an almost unprecedented concentration of income and wealth at the top, and a smaller proportion for the vast middle."
Filthy rich, beware! Don't let 99% of the population get desperate, just because you can.
Amassing [wealth] may be hazardous to you, eventually. Read and learn from history.
You may rich reach :) the critical mass...or rather a mass of people critical of you.
:)
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