Tag Archives: China

OCCUPY WOMEN TAKE THEIR PROTEST TO MEN’S TOILETS

A new women’s movement has been launched by Ms. Li Tingting in Guangzhou, China.  Speaking as a man, I have no objection to women’s movements.  Most of them are rather pleasant in fact.  But this one takes on a new dimension.  A group of ladies in China are demanding toilet equality.

When I first saw the headline I thought the fuss was about the age old conflict of the seat.  The ladies know we need it up but they always, always leave it down.  That has long been a pet beef of mine.  But no, the women in China are griping about the long waiting lines to enter the Ladies Room when there are no lines at all for the men.  Is this a valid example of social injustice or just some new form of maleness envy?

Studies show that there are about the same number of men in the world as there are women.  Further analysis reveals the size of the restrooms generally to be equal.  So what can be the cause of the problem?  More important, what is the solution?  How about MORE STALLS FOR THE 50% !!

Read about it here.  It’s priceless.

PERILOUS TIMES

The headlines below are un-edited from the Drudge Report on Feb. 15,2012.  I regrouped them into rough categories and dropped some punctuation, those are the only changes made.  Arranged this way the headlines paint a picture of a U.S policy to weaken itself militarily in face of rising external threats, the possibility of Iran’s promulgating a second holocaust , turning a blind eye to China’s human rights record while they conduct a vast military buildup, unabated political corruption, the direction the Arab Spring is taking, the failure of Obama’s economic policies and a growing loss of personal freedoms.

Ahmadinejad to show off new nuke facilities
Obama weighing up to 80% cut in U.S. nukes
LESS warheads than China!

GAS PRICE UP 83% DURING OBAMA
WARSHIPS SAIL THROUGH HORMUZ.
Iran Says It Will Cut Oil Supplies to 6 European Nations
US, Europe look at crippling financial lifeline.

Decision On Iran Attack To Be Made ‘By Summer’
Heightened Security in U.S. Over Iran Threat;
Police Guard Jewish, Israeli Targets.

OBAMA WELCOMES CHINA’S ‘PEACEFUL RISE’
China blocks visit by religious envoy

Canada unveils new Internet monitoring rules
Moroccan gets 3 years for anti-king video
Man jailed for ‘not having dog license’
FOOD POLICE REJECT HOMEMADE LUNCH
MAKE PRESCHOOLER EAT ‘CAFETERIA NUGGETS’
NYPD ‘Stop and Frisks’ Hit All-Time High

Mexican official: US travel warning ‘ridiculous’

REPORT: Chicago most corrupt city in USA
Issa moves to hold Holder in contempt
Another solar company goes under

BUDGET BUST: Obama’s deficit spending $17k per person, $70k per family
Towns go dark with post office closings
Flights by U.S. airlines hit 10-year low.

New Libya delegate to UN: Gays threaten ‘human race’
Egypt state media accuses US of spreading anarchy

Newspaper depicts Merkel in Nazi uniform

MEMORANDUM MACHT FREI

This photo-shopped picture of German Chancellor Angela Merkel was printed in a Greek newspaper.  The offensive image was captioned “Memorandum macht frei” a slogan relating to the Auschwitz extermination camp of World War II.

These are only the headlines, from only one publication, on only one day and it’s not even lunch time. We are indeed living in perilous times. Obama voters, are you sure you want Barack Obama in charge for four more years?

CENTRAL PLANNING GONE WILD

When a private enterprise operates with the same efficiency as the government, the private enterprise runs out of money and declares bankruptcy.  When a government runs the government as governments do, and runs out of money, the government does not declare bankruptcy; it raises taxes.

Nothing is more inefficient than a central planning government.  Ask Adam Smith.  Many people believe President Reagan ended the Cold War.  That may be, but he had help from central planning, not ours, but theirs.  The economic system in the U.S.S.R. was Socialism about as pure as it gets.  The government planned everything.  Eighty years of central planning left the Soviet empire financially destitute.  Reagan held all the cards.  All he had to do was play them.

That’s history, now to the present.  China is the dominant Communist country today.  China’s Socialism is less pure, but still heavily imbued with central planning.  The Australian video China’s Ghost Cities and Malls is an eye popping revelation of what can happen when central planning goes wild.

SUBTLE BIAS IN THE PRESS

This example is from Bloomberg Financial and linked to by Yahoo Finance. Click the blue link if you want to read the entire article.

Representative Tim Ryan, an Ohio Democrat and co-sponsor of legislation letting companies seek duties on Chinese imports, said China is violating trade laws and the bill would give the U.S. tools to combat undervalued currencies.

“It’s now time for our country to have the guts to stand up and take a strong stand against China’s currency manipulation,” Ryan said today in testimony to the House Ways and Means Committee. Representative Dave Camp, top Republican on the panel, said he opposes the legislation.

This will be taken by most readers as straight unbiased news. But what does it really convey? It says China is breaking the law and manipulating the currency markets. A Democrat is trying to help farmers and corporations disadvantaged by this illegal activity. A Republican opposes helping farmers and business men for no given reason.

Bias is definitely evident, but it is subtle enough to go unseen by most readers. Such subtle bias is not unusual, it is the norm. It is as common as dirt. In fact it is dirt.

The facts: The Republican cited, Dave Camp, used the entire time allotted to him by the Carl Levin’s Ways and Means Committee urging the committee to take strong measures to combat China’s trade practices. Read his statement here.

The bill was broadly opposed by Republicans because it was loaded with earmarks. Earmarks are bribes  politicians give to their constituencies in return for their votes. That is a valid reason for opposing the bill. A better one is given in Random Thots article equating tariffs on China to the Smoot-Hawley bill passed in 1930 that precipitated the Great Stock Market Crash and launched the depression.


KRUGMAN CALLS FOR REPEAT OF THE SMOOT-HAWLEY ACT, THE LAW GENERALLY REGARDED AS THE CAUSE OF THE GREAT DEPRESSION

Paul Krugman has sunk to the level of complete idiocy with this latest recommendation. All through most of the 1920’s a debate was raging in Congress over the passage of a bill to put large tariffs in place, most notably on imported steel. The argument pro was to protect American industry by making imported products non-competitive. The argument con was that other nations would respond with similar tariffs on American goods and trade would cease. The law was passed, other nations retaliated by raising their tariffs on American goods, exports collapsed, the stock market crashed, the Roaring Twenties ceased, the Great Depression began.

Edited from a Wall Street publication:

So after President Herbert Hoover took office in March 1929, Congress immediately set to work on a new tariff regime. This is an important point, because you have to picture that this legislation was winding its way through committee long before eventual passage in June 1930. It is a fair statement to say that the prospects for Smoot-Hawley had something to do with the October 1929 market crash itself.

On Monday, October 28, the New York Times ran a front-page story on possible passage of Smoot-Hawley, the next day, on Tuesday the 29th, the day of the Crash, other national papers had picked up on the issue.

Now Krugman wants to do the same thing again. Of course it is not the steel industry this time. Steel was a major import in 1930, now it’s goods from China. It is forgivable for the man in the street to think this is a good idea. We’re all a bit miffed that everything seems to come from China and the world of economics is not broadly understood.

What would China do? What would American industry do? What would other nations do? We have spoken previously of the economic tenet called Rational Expectations. All players act, I should say react, in their own best interest. One rational expectation would be for China to cease funding our debt. This could cause a 200 to 300 percent increase in the currently very low rate of interest we are paying on our skyrocketing national debt.

Another expectation is China would raise its prices to recoup the tariff. U.S. manufacturers cannot produce goods as cheaply as the Chinese. If they could, they would be doing it already. The cost of everything we get from China would increase, and likely by more than the rate of the tariff itself. When Smoot-Hawley was enacted, even nations not directly affected perceived an opportunity and instituted high tariffs as well.

Einstein is usually the one credited with defining an idiot as someone who repeats the same mistake while expecting a different result. Krugman is an ideologue posing as an economist. Yes, I know he was awarded the Nobel Prize in economics. That only serves to confirm my opinion of him.