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	<title>thekeeling.com &#187; G20</title>
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	<description>From the Desk of Julian A. Keeling</description>
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		<title>A WEEK OF OBSERVING CHINA AND OTHER EMERGING ECONOMIES</title>
		<link>http://thekeeling.com/archives/479</link>
		<comments>http://thekeeling.com/archives/479#comments</comments>
		<pubDate>Fri, 19 Jun 2009 17:30:25 +0000</pubDate>
		<dc:creator>julian</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[ASEAN]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[BHP Billton]]></category>
		<category><![CDATA[Brazil]]></category>
		<category><![CDATA[Chapter 11]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Chinalco]]></category>
		<category><![CDATA[G20]]></category>
		<category><![CDATA[G7]]></category>
		<category><![CDATA[Gazprom]]></category>
		<category><![CDATA[Hanzhong]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[NAFTA]]></category>
		<category><![CDATA[NATO]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Rio Tinto]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Ukraine]]></category>
		<category><![CDATA[UN]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://thekeeling.com/?p=479</guid>
		<description><![CDATA[I still cringe when I hear Wall Street, American politicians, journalists and economists telling us if it weren&#8217;t for those wonderful people who run China and buy our treasuries, we&#8217;d be bankrupt! Having a look at why many companies are moving into Chapter 11 reorganization and how quickly they emerge with a clean balance sheet [...]]]></description>
			<content:encoded><![CDATA[<p>I still cringe when I hear Wall Street, American politicians, journalists and economists telling us if it weren&#8217;t for those wonderful people who run China and buy our treasuries, we&#8217;d be bankrupt! Having a look at why many companies are moving into Chapter 11 reorganization and how quickly they emerge with a clean balance sheet and even a war chest to immediately take predatory action against their competitors, I think it would be a great thing for President Obama to announce to the world he is placing America into Chapter 11. Wow, wouldn&#8217;t it be great to see that Mr Magoo looking character who runs China be greeted with the news his U.S. bonds were suddenly worthless, but to help them out, we would buy them back at pennies in the dollar! Of course these comments are meant to be facetious, but we need to be awoken and told the truth about the China&#8217;s, Russia&#8217;s and India&#8217;s of this world. There is no other way to say it, but these disgusting countries are in fact and should be treated as our enemies.</p>
<p>Firstly, let&#8217;s take a look at their Psychic. This is how I describe these and a few other ragbag countries that are hell bent on destroying America; Selfish, narcissistic, bullying, divisive, vindictive, revengeful, despisers of individual rights and freedoms, sociopaths, the list could go on and on. Since last Monday, here is some evidence to back up my claims that the sooner we stand up to the scourge created by globalization and the way certain countries practice the art, the sooner we isolate ourselves, the better. The funny thing is India hates China who hates Russia who hates India!</p>
<ul>
<li>Gazprom, the largest natural gas supplier in Russia puts the China pipeline on hold because they failed to agree on price. China wanted pay nothing and Gazprome, just like they did with the Ukraine and Europe last winter, they want to screw China!</li>
<li>Anglo-Australian mining giant Rio Tinto decided at the eleventh hour that government-owned Chinalco could take a hike with their $20 billion offer to take a near 20% stake in their company and instead cut a joint-venture deal iron ore deal with BHP Billiton. China is crying foul because part ownership of Rio Tinto (and that company&#8217;s largest iron ore customer) would have given China the chance fleece Rio Tinto with what the price they would be prepared to pay, now Chinalco was the cornerstone stakeholder. Poor sportsmen which they are, China is claiming the joint venture is monopolistic and have embarked upon making all sorts of threats to the world community if the joint-venture is not unwound.</li>
</ul>
<ul type="disc">
<li>India is complaining is complaining about cheap imports      from China and is claiming China is dumping products and using predatory      pricing to secure market penetration. Chinese imports are between 10-70%      cheaper than comparable Indian-made products. Talk about the pot calling      the kettle black!</li>
</ul>
<ul type="disc">
<li>Remember when China bleated &#8220;unfair&#8221; when      President Obama announced with the stimulus package a &#8220;Buy America clause?      Well the Beijing government has introduced an explicit &#8220;Buy Chinese&#8221;      policy, even though local governments have found (oh really) that many      domestic suppliers simply have inferior products and they must be given      the opportunity of buying at the best price and quality even though it is      overseas made. China      has never deviated from doing what&#8217;s best for China      and I say that&#8217;s great, because that is exactly the approach America      should also be taking.</li>
</ul>
<ul type="disc">
<li>There are so many international alliances for all sort      of regional and global &#8220;needs&#8221; it is now becoming laughable. The latest      &#8220;power base is the Bric Group. Brazil,      Russia, India and China      have formed a think tank designed principally to take over America&#8217;s      global economic dominance and the greenback as the international currency.      They want to create a new currency and they claim because they represent      40% of the world&#8217;s population (but only 15% of the global economy) they      rightly should have a greater  in fact, complete say in global      affairs. The sooner America scraps and or pulls out of NAFTA, G 7, G 20,      NATO, U.N., ASEAN, and every other useless organization and just      concentrates on setting its own course, not only will America be better      off, but the world might also be a better place to live in!</li>
</ul>
<ul type="disc">
<li>In supplementing rice, the staple diet, dog meat has      always been a culinary delight to the Chinese. It can be said the Chinese      don&#8217;t not even view human life as sacred and certainly so when it comes to      animals, if they can&#8217;t be eaten, then they are of no use whatsoever.      Animal welfare advocates around the world are aghast at what is presently      happening in a large Chinese city called Hanzhong. Orders have been issued      to kill every dog found outside homes in areas where rabies outbreaks have      occurred. Method of execution; beating the dogs to death, by city      organized &#8220;dog beating teams&#8221;! Why in the hell are we kissing up to a      country which behaves in this manner? Perish the thought, but 50% of all      pharmaceutical ingredients are now Chinese-made. Rabies can be controlled      not by killing, but by vaccination. When we are constantly told how modern      and cultured China has      become, barbaric practices such as beating innocent animals to death, just      proves what makes up the true soul of China; depravity and evil.</li>
</ul>
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		<title>SORRY, I SAY BUY AMERICAN</title>
		<link>http://thekeeling.com/archives/383</link>
		<comments>http://thekeeling.com/archives/383#comments</comments>
		<pubDate>Thu, 02 Apr 2009 20:27:35 +0000</pubDate>
		<dc:creator>julian</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[America]]></category>
		<category><![CDATA[Caterpillar]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[France]]></category>
		<category><![CDATA[G20]]></category>
		<category><![CDATA[Kenworth]]></category>
		<category><![CDATA[Komatsu]]></category>
		<category><![CDATA[Marks and Spencer]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[UK]]></category>
		<category><![CDATA[Volvo]]></category>

		<guid isPermaLink="false">http://thekeeling.com/?p=383</guid>
		<description><![CDATA[There is already talk that all the infrastructure projects will benefit outsiders and not Americans. As the government hands out contracts, most construction jobs, experts on the economy are already claiming will go to illegals happy to earn less than minimum wage. All this while corporations will profit handsomely. President Obama&#8217;s gutless and totally acquiescing [...]]]></description>
			<content:encoded><![CDATA[<p>There is already talk that all the infrastructure projects will benefit outsiders and not Americans. As the government hands out contracts, most construction jobs, experts on the economy are already claiming will go to illegals happy to earn less than minimum wage. All this while corporations will profit handsomely. President Obama&#8217;s gutless and totally acquiescing response to other countries and interested parties that overseas suppliers should be given equal consideration just keeps us continuing the downward spiral to ruin; all supposedly in the name of practicing free trade. As far as I can see, the two losing countries and the ones that have lost the most to date in the name of free trade are Great Britain and the U.S.A. Every other country starting with China up or down whichever way you look at it has kept trade barriers in place that make it sometimes impossible for America to do business with them.</p>
<p>There are tons of examples. Go to France and see how many foreign brands of cars you see lining the streets &#8211; very few. Marks and Spencer, the venerable Macy&#8217;s of the U.K., ask them how well they are doing in China with importing their own label merchandise. Ask the long grain rice farmers of California how impossible it is to export their produce to Japan which is in short supply there. I could go on and on. The simple fact of the matter is every other country apart from the two great democracies just doesn&#8217;t practice what they preach. I am telling President Obama, mate, you are not President of the world, you are President of the United States of America. At the G 20 conference I don&#8217;t want to hear your rhetoric on how you want to save the world. Concentrate on saving America. For a welcome change, let the rest of the world look after itself.</p>
<p>Every dime that the administration is investing in kick starting our economy should stay inside America and even if we have to get chain gangs from the prison system to do jobs in hell holes of the country that no American might not want, then get them to work. I want to see Caterpillar earthmovers and no Komatsu&#8217;s, I want to see Kenworth trucks and no Volvo&#8217;s and every raw material/mineral/home made product that can found in America used. On top of this, we need to employ some honest Americans in high places for a change to oversee that every company involved in rebuilding America doesn&#8217;t do a &#8220;Halliburton&#8221; on us. One of the saddest things I have seen in my lifetime is how ripping off the government is now regarded by so many as fair game. So Mr. President in summary, practice some of the true integrity that you claim to possess and do the right thing for America first.</p>
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