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Originally Posted by paraclete

yes it is I think I will turn off the news for 14 days

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Now that's a better idea to avoid being bombarded endlessly by the 24/7 news cycle. I do the same thing with dufus news cycle, and I feel much better, but I'm HOOKED on Netflix and popcorn now. They both get delivered with a click. Even toilet paper!

I have to ask ;who in their right mind would continue operating their business in China knowing how cavalierly they treat not only Chinese lives ,but the lives of the rest of the people on the planet .

If you move your business back to the U.S. then labor costs spike and you can't compete price wise.

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Now that's a better idea to avoid being bombarded endlessly by the 24/7 news cycle. I do the same thing with dufus news cycle, and I feel much better, but I'm HOOKED on Netflix and popcorn now. They both get delivered with a click. Even toilet paper!

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https://tenor.com/view/family-guy-po...tp-gif-5387874

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Originally Posted by jlisenbe

If you move your business back to the U.S. then labor costs spike and you can't compete price wise.

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Whose fault is that that a few bucks is big money in the 3rd world and why are we competing with the 3rd world standard when obviously it lowers our own?

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Whose fault is that that a few bucks is big money in the 3rd world and why are we competing with the 3rd world standard when obviously it lowers our own?

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Because, like I said, if you move your business back to the U.S. then labor costs spike and you can't compete price wise. So you go out of business because you have to sell your products at a loss.

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Originally Posted by jlisenbe

Because, like I said, if you move your business back to the U.S. then labor costs spike and you can't compete price wise. So you go out of business because you have to sell your products at a loss.

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so you make cheaper products, it is called productivity, no wage rises without greater output, the days of union dictatorship end

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so you make cheaper products, it is called productivity, no wage rises without greater output, the days of union dictatorship end

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Sometimes you can make that work but not all the time. The difference between 20 dollars an hour here versus 3 dollars an hour in China is enormous. You also have to factor in that Chinese workers are happy to get a job, will show up on time, and work efficiently. Too many American workers are liberal dems who count on the federal government to take money from other Americans (or just borrow it) to give to them.

Besides, the great majority of American jobs are non-union.

and minimum wage no doubt, so where are the $20 an hour jobs in an auto industry that is fading, in agriculture?

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Originally Posted by jlisenbe

Sometimes you can make that work but not all the time. The difference between 20 dollars an hour here versus 3 dollars an hour in China is enormous. You also have to factor in that Chinese workers are happy to get a job, will show up on time, and work efficiently. Too many American workers are liberal dems who count on the federal government to take money from other Americans (or just borrow it) to give to them.

Besides, the great majority of American jobs are non-union.

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Wonder what those conservative repubs are doing when they wake up with no job tomorrow? You mean those repubs won't file for unemployment and food stamps and subsidized heating bills?

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and minimum wage no doubt, so where are the $20 an hour jobs in an auto industry that is fading, in agriculture?

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Average hourly pay in the United States is about 23 dollars per hour.

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Wonder what those conservative repubs are doing when they wake up with no job tomorrow? You mean those repubs won't file for unemployment and food stamps and subsidized heating bills?

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I'm sure they will. What's your point?

Repubs aren't the only ones that deserve help from their local state and federal government and ideology and party and church affiliations are meaningless in a crisis event. That's my point! Easy to holler and espouse when things are smooth and normal, but this ain't that time.

At least 4 Senators (and probably more ) dumped stocks ahead of the market crash......Sens. Richard Burr, N.C.,Kelly Loeffler, Ga.,. Dianne Feinstein, Calif., and James Inhofe, Okla.,

tomder55: Those are 4 SMART SOBs! Maybe the smartest Senators we got!

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that deserve help

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That's where we differ. I'm not convinced anyone "deserves" someone else's money.

Keeping on doing the same stuff with Red China will produce the same results.....If the U.S. is to survive as a nation, we had BETTER STOP DEALING WITH RED CHINA!

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tomder55: Those are 4 SMART SOBs! Maybe the smartest Senators we got!

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for them it's easy money . They write the laws ;and one of the laws on the books for years is their exemption to insider trader laws . Michael Milken ,went to jail for much less ..... so did Martha Stewart .

This is why they don't want to go after quid pro Joe . They'd all become vulnerable .

https://www.usatoday.com/story/news/...kneZ3VDh4N_HOM


This is a 60 Minutes expose from 2011 . Obviously nothing changed .

https://www.youtube.com/watch?v=l3DZ...9veESw6FVOgMYw

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Originally Posted by tomder55

At least 4 Senators (and probably more ) dumped stocks ahead of the market crash......Sens. Richard Burr, N.C.,Kelly Loeffler, Ga.,. Dianne Feinstein, Calif., and James Inhofe, Okla.,

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I don't think it takes a rocket scientist or an inside trader to see the market crashing, and everybody has a financial advisor who get paid the big bucks, but let's keep it real, if rich folks is bailing guess who gets left holding the bag. We have discussed those junk bonds before which may be the other leg of the stool to fall.

When the fed is lowering interests though, and infusing cash to regional banks, yeah I would say something bad was coming down the pike. How far things fall, and for how long becomes the question.

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Originally Posted by tomder55

for them it's easy money . They write the laws ;and one of the laws on the books for years is their exemption to insider trader laws . Michael Milken ,went to jail for much less ..... so did Martha Stewart .

This is why they don't want to go after quid pro Joe . They'd all become vulnerable .

https://www.usatoday.com/story/news/...kneZ3VDh4N_HOM


This is a 60 Minutes expose from 2011 . Obviously nothing changed .

https://www.youtube.com/watch?v=l3DZ...9veESw6FVOgMYw

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How long have I been hollering about legalized stealing? LOL, they call that soft corruption and is the way it's done by the rich.

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How long have I been hollering about legalized stealing?

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You mean stealing as in taking money by force from one person and just giving it to another? Is that the stealing you're referring to?