Different Ideas on what money is instead of thinking about M1 M2 and M3.
Monday, January 17, 2011
Saturday, January 15, 2011
Glenn Beck - The China Syndrome
think outside of the box, the chinese made the box
Though I often think that I'm glad that Beck is saying what he's saying on TV, I always suffix that thought with "HE IS A LITTLE LATE TO THE PARTY". To understand China you need to understand the culture which has endured 6500 years despite what the politics of the day might be.The family, education, and hard work (to severely simplify some tenets of Chinese culture) are engrained from birth. Beck thinks China advanced overnight - those who are aware knew the US was to be displaced 30 years ago.
It's the Wall Street, stupid. The German's are into the stock market for a quick profit and speculate like the Americans. The Germans are really have both of their feet on the ground focusing doing the finest work. Japan was the same way before they got seduced by Wall Street which crashed them until today. China are now realized what's their problem. They started to look at the German's and Japanese and study hard.All the 1% richest Chinese connected to the political power local or cenral. The rich gap in China is bigger than that of the US. China certainly outdone the American in such way. And they are way more greedy than the Americans. Many intelligent Chinese are very very worry about the future of China. They see China economy is empty from the inside out.
Though I often think that I'm glad that Beck is saying what he's saying on TV, I always suffix that thought with "HE IS A LITTLE LATE TO THE PARTY". To understand China you need to understand the culture which has endured 6500 years despite what the politics of the day might be.The family, education, and hard work (to severely simplify some tenets of Chinese culture) are engrained from birth. Beck thinks China advanced overnight - those who are aware knew the US was to be displaced 30 years ago.
It's the Wall Street, stupid. The German's are into the stock market for a quick profit and speculate like the Americans. The Germans are really have both of their feet on the ground focusing doing the finest work. Japan was the same way before they got seduced by Wall Street which crashed them until today. China are now realized what's their problem. They started to look at the German's and Japanese and study hard.All the 1% richest Chinese connected to the political power local or cenral. The rich gap in China is bigger than that of the US. China certainly outdone the American in such way. And they are way more greedy than the Americans. Many intelligent Chinese are very very worry about the future of China. They see China economy is empty from the inside out.
Friday, January 14, 2011
Thursday, January 13, 2011
Foreclosures Hit Record
Jan. 13 2011 | Home foreclosures are topping 1 million for the first time ever in 2010, with Nishu Sood, HIS Analysis.
Wednesday, January 12, 2011
Delta Smelt & Undocumented Farm Workers: How Federal Policy Is Failing CA's Central Valley
California's Central Valley is a 450 mile long stretch of flat and fertile land that produces much of the food that we enjoy every day. But the people in small towns like Mendota (the cantaloupe capital of the world) are suffering these days, in part due to two federal policies.
In order to protect a threatened fish species called the Delta Smelt, much of the water that used to be pumped from the Sacramento-San Joaquin Delta to farms on the west side of the San Joaquin Valley is now allowed to flow into the ocean. The result is predictable: hundreds of thousands of acres of farm land lies fallow and tens of thousands of jobs have been lost. In Mendota, the unemployment rate is over 40% and food lines are the norm.
But people going hungry in a region dominated by agriculture is only one of the contradictions in the Central Valley.
Nearly all the valley's farm workers are immigrants from Mexico and Central America, and many of them are undocumented. These people are crucial to the valley's economy, but they're breaking the law according to the federal government.
To learn more about the Central Valley and its discontents, we spoke to Robert Silva, mayor of Mendota; Kim Sullivan, a small business owner who makes gear drives for irrigation pumps; Maria Angel, a cafe owner and GED instructor; and Chris Collins, who recently authored a special Fresno Bee series about illegal immigration called "In Denial".
Approximately 8 minutes. Produced by Paul Feine and Alex Manning.
Visit Reason.tv for downloadable versions and subscribe to Reason.tv's YouTube channel to receive automatic notification when new material goes live
In order to protect a threatened fish species called the Delta Smelt, much of the water that used to be pumped from the Sacramento-San Joaquin Delta to farms on the west side of the San Joaquin Valley is now allowed to flow into the ocean. The result is predictable: hundreds of thousands of acres of farm land lies fallow and tens of thousands of jobs have been lost. In Mendota, the unemployment rate is over 40% and food lines are the norm.
But people going hungry in a region dominated by agriculture is only one of the contradictions in the Central Valley.
Nearly all the valley's farm workers are immigrants from Mexico and Central America, and many of them are undocumented. These people are crucial to the valley's economy, but they're breaking the law according to the federal government.
To learn more about the Central Valley and its discontents, we spoke to Robert Silva, mayor of Mendota; Kim Sullivan, a small business owner who makes gear drives for irrigation pumps; Maria Angel, a cafe owner and GED instructor; and Chris Collins, who recently authored a special Fresno Bee series about illegal immigration called "In Denial".
Approximately 8 minutes. Produced by Paul Feine and Alex Manning.
Visit Reason.tv for downloadable versions and subscribe to Reason.tv's YouTube channel to receive automatic notification when new material goes live
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