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| subject: | China, was Got HIm |
HI Matt,
On Thu 2011-Aug-11 12:01, Matt Munson (1:218/109) wrote to Richard Webb:
RW(> Full viable employment, that won't last only as long as the
RW(> government makework program, that means bringing back
RW(> industry to this country. That's not gonna happen, the wall
RW(> streeters don't
RW(> want that, bringing back industry requires
RW(> long term thinking, and investment in stuff, not empty
RW(> papers shells that they can flip in an hour to scam some
RW(> more suckers.
MM> Then we need to become wall street and buy shares en masse. Even if
MM> stuff isnt made in the USA, we could have it made in Mexico at
MM> least. Cheaper prices, and less undocumented folk costing us money.
NIce thought, but most folks can only afford to invest in
Wall street via mutual funds and such deals where the vested interests
already have control, because average folks only
see one figure of importance, and that's the one the
investment counselors tout. That is return on your dollar.
What we need is a 180 degree shift in thinking from these
folks, and that's not gonna happen any time soon.
Btw I'm hearing that a number of the illegals are heading
home. MOney's tight, times are hard, jobs are scarce. A
friend of mine lives near a meat packing plant in Iowa says
that as they laid off the foreigners by and large went
first, and many are heading for home as fast as they can get there.
Regards,
Richard
... 10% of everything isn't crap, watch closely or you'll miss it!
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