CHEAP AND POOR QUALITY CHINESE TIRES MAY HERALD THE START OF PROTECTIONISM
I salute President Obama for his decision to apply the first tariff to some Chinese-made junk America truly does not need. I remember starting about ten years ago and the still ongoing lawsuits throughout the country Ford and Firestone are facing over producing Explorer SUV’s with unsuitable tires which supposedly affected the vehicle’s stability at [...]
THOSE COWBOYS ARE AT IT AGAIN
The sharp decline in the price of a barrel of oil last week was not the result of excess supply over demand. The world has been awash with oil for the last nine months. Consumption even in America has hit lows never seen in decades and the rest of the world has realized it too [...]
GEITHNER ON A MISSION SUCKING UP TO THE CHINESE
With China claiming they are so worried about the value of its roughly $1.4 trillion of treasury bonds, and the mood of the Federal Reserve to print money to solve our economic ills, if I were Timothy Geithner, I would have asked Ben Bernanke to have cranked up the printing presses and dispatched a shipload [...]
REALLY, WHO ARE OUR FRIENDS?
In reality, the world only wants to suck off the United States in one sided trade deals. Here we have half of Mexico’s population supported by illegal immigrants and residents of Mexican origin and when we decide that we wish to cancel the pilot program of in the main poorly maintained Mexican trucks polluting our [...]
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