Don’t drop your guard, Hillary!

    It is terrific that Secretary of State Hillary Clinton is making Asia her first official trip abroad.  America is a Pacific nation.  And that’s where the future is.  Clinton’s decision is strategic.  The countries she’s decided to visit (Japan, South Korea, Indonesia, and China) and the order she is visiting them are solid judgments.  Now the hard stuffs starts. The first real conversation between President | Read More »

    Ask the Romans What Happens When you Increase the Distribution of Pork, Oil and Bread

    It might be a good idea for President Obama to skip over the comparisons to Lincoln and set the Wayback Machine for another time when a mighty empire stood, only to be brought down by mismanagement.   The Romans had stimulus programs too. Infrastructure projects to build and maintain temples, baths and other public venues became compulsory labor for a decimated middle class. In return | Read More »

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    On The Trade Front: Heckuva Job, Obama Administration

    Let’s review the bidding: An ill-considered statement from the Treasury Secretary tax delinquent nominee concerning Chinese currency re-evaluation may very well start off a trade war between the United States and China. If that’s not enough, there has been little to no movement whatsoever on the part of Team Obama–stretching from the campaign to the present day–to indicate that there will be any serious effort | Read More »

    Henry Paulson Wouldn’t Have Done This

    Treasury Secretary-designate Tim Geithner was reported to have mentioned yesterday that he believes the Chinese are “manipulating” their currency, presumably downward against the dollar in an attempt to goose their exports. This issue is going to get a lot of play in the next few months, because China’s mercantilist policy depends on an artificially undervalued currency. Since this causes tremendous imbalances in global capital flows, | Read More »

    ‘Stimulating’ Health Care – China’s Trying It, Too

    The U.S. Congress is hammering out a legislative attempt to “stimulate” the economy with taxpayer-funded health care initiatives, including information technology (IT) and comparative effectiveness research on drugs and treatments. It looks like China has a similar — and similarly misguided — idea about linking government involvement in health care to economic “stimulus.” The International Herald Tribune reported January 22 that China intends “to spend | Read More »

    Who’s Going To Pay the US National Debt?

    As I write, the public debt (sometimes called the national debt) of the US stands at $6.3 trillion, roughly 40% of GDP. (You’ve heard many people say that the debt is actually about $10.6 trillion, but that’s fictional, as I explain below.) As we know, the question of who will pay off the debt is an interesting and urgent one. Especially now that, through a | Read More »

    Chinese Humvee… er, Mengshi, we Mean… Outperforms American Humvee

    Don’t you just love it when other nations have such grand successes in the realm of science, technology, and engineering? Isn’t it great when, all on their own without any help from anyone, a backwards country such as China can produce a battlefield transport vehicle that is far better than our poor American version? And, they did it without any espionage, too. And if you | Read More »

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    Some Macro-Thoughts on 2009

    <!– /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:””; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-fareast-font-family:”Times New Roman”;} h1 {mso-style-next:Normal; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; page-break-after:avoid; mso-outline-level:1; font-size:12.0pt; font-family:”Times New Roman”; mso-font-kerning:0pt;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} –> Well, 2009 is nearly upon us. I’m not one for predictions, and I won’t play that game. But since I | Read More »

    Why Recycle?

    As a small business in California, we have a lot of restrictions and laws that we have to follow. We do commercial printing of newspapers, and so we have a lot of newsprint that is wasted in setting up the print jobs and over-runs. We have always recycled this newsprint because it is the responsible thing to do, and we always got back a little | Read More »

    China Devalues Its Currency

    It seems to me that focus has shifted away from China’s economic and financial doings during the acute financial crisis that began last September. The story in China for most of this year and last year has been extremely high inflation (particularly in prices for staple foods), and vigorous measures by the country’s banking and monetary authorities to reduce the formation of credit. Up till | Read More »

    Pro choice groups: Why the silence on China?

    Pro choice used to mean pro choice. Not pro abortion, but pro choice. Pro choice should mean anti forced abortion. So, why the radio silence from the pro choice and women’s rights groups on China’s policy of forced abortions?

    Today’s Headlines — Nov. 13, 2008

    http://www.washingtontimes.com/news/2008/nov/13/gop-files-suit-to-undo-mccain-rules/ GOP to file suit to undo McCain rules McCain-Feingold limits hurt presidential efforts http://washingtontimes.com/news/2008/nov/13/chinese-stimulus-spree-costs-us-capital/ China stimulus hurts U.S. credit markets Surplus funds stay at home http://washingtontimes.com/news/2008/nov/13/us-dealing-with-security-concerns-from-change-in-c/ EXCLUSIVE: U.S. military worries about climate change http://washingtontimes.com/news/2008/nov/13/veterans-kin-demands-answers-on-ptsd-drugs/ EXCLUSIVE: Dead veteran’s kin demand trauma inquiry After death of son, dad takes cases to Capitol Hill http://washingtontimes.com/news/2008/nov/13/money-walks-talks-and-wins-elections/ Better-funded won more races Losers are the less well off http://washingtontimes.com/news/2008/nov/13/arab-leaders-decline-to-snub-address-by-israeli-pr/ Arab | Read More »

    Why China Can’t Save Us

    From mcmikep2.blogspot.comYesterday the Chinese government announced it would spend nearly 600 billion USD in stimulus efforts. Morgan Stanley’s Qing Wang and Steven Zhang gave us a heads up that this was coming here. They expected the announcement of a proactive stimulus policy to be made at the end of the month. Not only was it made earlier, but prior to the announcement, Chinese finance minister | Read More »

    RE: China

    The point I was making was that the Journalists were attacked for trying to expose this. They were trying to be helpful and were met with violence. This should not be since The One was elected…we’re all supposed to be friends now. After further review, I probably should have let this one go in the trash heap.

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    Iranian Ship Hijacking — 16 Pirates Died After Handling Substance On Captured Iranian Ship [redacted]

    Link to The World Tribune website story FROM TWO WEEKS AGO on what happened with the hijacked Iranian ship that everyone seems to have conveniently forgotten about. 16 Pirates Died After Handling Substance On Captured Iranian Ship – Substance: NUCLEAR, CHEMICAL or both. Just in case the link doesn’t work …….. Here’s the text with full copyright notice above and below (sue me if you | Read More »