World power swings back to America and Obama can be a hero.
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World power swings back to America and Obama can be a hero.

  1. #1
    Senior Member BigQ's Avatar
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    Default World power swings back to America and Obama can be a hero.

    Interesting article about the manufacturing headed back to America thanks to the FED actions. China apparently no longer is the default place to manufacture products because of the cost of labr increase, inflation too. So could it happen? Less off-shoring and more producing?

    If this is really true and Obama plays his cards right he could be the president that saved the USA in the 21st century.

    World power swings back to America

    The American phoenix is slowly rising again. Within five years or so, the US will be well on its way to self-sufficiency in fuel and energy. Manufacturing will have closed the labour gap with China in a clutch of key industries. The current account might even be in surplus.
    World power swings back to America - Telegraph

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    This is not good news around these here parts, Mister!

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    Living in a cage of fear thatguy's Avatar
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    Quote Originally Posted by zombie View Post
    This is not good news around these here parts, Mister!
    The comments are.
    Tommy
    Quote Originally Posted by Rexone View Post
    Tommy please remove all Jimsplace quotes from your sig and don't put more back. He doesn't like it and it is against the rules. Thank you.
    "So as through a glass, and darkly
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    Many names, but always me."

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    Senior Member AzMandella's Avatar
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    Quote Originally Posted by zombie View Post
    This is not good news around these here parts, Mister!
    Sure it is. The only problem is instead of O letting the manufacturing base do thier thing he will force them to be union. Making the manufacturers pay people more than the job is worth. For some reason you Gov/ Union guy's think a guy who stands in one spot putting a sticker on a toy should make $60+ grand for a job you could train a 1st grader to do. the same thing that drove ourr manufacturing base out of the country to begin with.
    If you voted for Obama to prove you were not racist, then you better find someone else to vote for to prove your not stupid.

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    Red Blooded American The Doctor's Avatar
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    Funny they didn't mention the $3.4 Billion dollar city GM is building in China to manufacture automobiles less expensively. We can thank the UAW and Federal regulations for this one.
    The best things in life aren't things!

  7. #6
    Already miss the 310/562 2manymustangs's Avatar
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    Default Those darned Republicans in Congress and the Senate...

    Those folks are holding up EVERYTHING:


    WASHINGTON — A bipartisan cross-section of Congress seems to agree that China manipulates its currency in ways that make it harder for many American manufacturers to compete. Where they cannot find alignment is on how best to address that problem, while maintaining America’s relationship with its biggest lender and a major trading partner.

    On Tuesday, the Senate passed a bill that would require the Treasury Department to order the Commerce Department to impose tough tariffs on certain Chinese goods in the event of a finding by the Treasury that China was improperly valuing its currency to gain an economic advantage.

    The measure passed 63 to 35, with 16 Republican votes, an unusual dynamic in the Democrat-controlled Senate. It enjoyed rare support from members of both parties despite the strong disapproval of Senator Mitch McConnell of Kentucky, the Republican leader, who pressed his party colleagues to vote against it.

    -----------------------------------------------

    As a result, even as some Senate Republicans and many House Democrats pressure House Republicans to get on board, the Obama administration is counting on House Republicans to do what they want, which is to leave any bill to punish the Chinese government over its currency policies in a file cabinet. “Shifting political dynamics and changes in rhetoric about free trade tend to play out in unpredictable ways against the background of a bipartisan desire to get tough with China,” said Eswar S. Prasad, a professor of trade policy at Cornell University. “A lurking concern is that this bill won’t help the U.S. economy significantly and could instead hurt job growth if China retaliates aggressively and trade tensions compound economic uncertainty, setting back an already fragile recovery. I suspect both parties are a little concerned about supporting such legislation if it backfires. “

    Regional politics, White House pressures and jurisdictional disputes have impeded a deal. Large multinational companies, especially those that have large investments in China, vehemently oppose the bill, while smaller manufacturers facing more import competition, tend to favor it.

    The Senate bill would require the Treasury Department to determine whether China was manipulating its currency, and then order the Commerce Department to impose retaliatory tariffs on certain Chinese goods.
    Pat Eason, the voice of reason...

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    Quote Originally Posted by The Doctor View Post
    Funny they didn't mention the $3.4 Billion dollar city GM is building in China to manufacture automobiles less expensively. We can thank the UAW and Federal regulations for this one.
    Bunch of road apples as usual, DB... Where's your link to this?
    Far and Balanced says they are partners in developing a "prototype" city of the future...
    General Motors Helping To Design City Of The Future...in China | Fox News

    China is plenty of cities they have already built, that nobody is living in, to prop up their economy.
    64 million vacant homes...
    Ghost town, Inner Mongolia: Inside China's empty cities - Term Sheet
    And Now Presenting: Amazing Satellite Images Of The Ghost Cities Of China

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    Already miss the 310/562 2manymustangs's Avatar
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    Quote Originally Posted by shueman View Post
    Bunch of road apples as usual, DB... Where's your link to this?
    Far and Balanced says they are partners in developing a "prototype" city of the future...
    General Motors Helping To Design City Of The Future...in China | Fox News

    China is plenty of cities they have already built, that nobody is living in, to prop up their economy.
    64 million vacant homes...
    Ghost town, Inner Mongolia: Inside China's empty cities - Term Sheet
    And Now Presenting: Amazing Satellite Images Of The Ghost Cities Of China
    The GHOST towns arent going to be empty soon, they were built for the POST 2012 migration of liberal commies out of the U.S.

    When people start saying "Im leaving if XXXXXXXX gets elected" they get booted out of the country to the GHOST towns...

    You will get three bowls of rice per day and some fish sauce...
    Pat Eason, the voice of reason...

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    Quote Originally Posted by 2manymustangs View Post
    The GHOST towns arent going to be empty soon, they were built for the POST 2012 migration of liberal commies out of the U.S.

    When people start saying "Im leaving if XXXXXXXX gets elected" they get booted out of the country to the GHOST towns...

    You will get three bowls of rice per day and some fish sauce...
    WTF, no orange chicken or beef and brocoli?

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    Already miss the 310/562 2manymustangs's Avatar
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    Quote Originally Posted by ram78d10 View Post
    WTF, no orange chicken or beef and brocoli?
    dont fret, im sure you will be very happy in the high rise buildings they have for ya...
    Pat Eason, the voice of reason...

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    Floatin dirty Lavey29's Avatar
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    Didn't Obama just give another 500B to a solar company in India or someplace like that for solar products to be produced and then imported into the U.S.?

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    Red Blooded American The Doctor's Avatar
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    Quote Originally Posted by Lavey29 View Post
    Didn't Obama just give another 500B to a solar company in India or someplace like that for solar products to be produced and then imported into the U.S.?
    He's speeding up the borrow and spend programs for these solar deals rather than let them survive on their own merit.

    Obama administration approves 2 solar loans worth $1 billion - latimes.com
    The best things in life aren't things!

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    I "think" I "might" have an idea on a method to convert ordinary dirt into fuel. Can I have 500 million to see if I can do it?

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    Living in a cage of fear thatguy's Avatar
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    Quote Originally Posted by Boss460 View Post
    I "think" I "might" have an idea on a method to convert ordinary dirt into fuel. Can I have 500 million to see if I can do it?
    Better make it a billion, don't want to get caught short....
    Tommy
    Quote Originally Posted by Rexone View Post
    Tommy please remove all Jimsplace quotes from your sig and don't put more back. He doesn't like it and it is against the rules. Thank you.
    "So as through a glass, and darkly
    The age long strife I see
    Where I fought in many guises,
    Many names, but always me."

    Gen. George S Patton

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