What made the big disparity in wealth?

Counterfeiting theft by the Federal Reserve System. It is not like it is a secret. They tell us that directly. Elastic currency is an elastic standard which is an oxymoron. Standards must remain static to be valid.

It is easy to understand why once one understands exactly what elastic currency is. The only way to stop the process is to audit and end the Fed. Until then, the insiders will get richer and the outsiders will get poorer.

 

Skills define your earning power. More skills you have will boost your earning potential. A plumber or an electrician certainly has a lot more skills than a Maytag assembly line worker and they deserve to earn more than an assembly line worker. It's that simple.

 

Mine is Psychology, and I can do animals, veterans, family, law, biology, environmental, medical, etc.

 

Why are you bringing up inferior merits of Gold Standard? We already explained to you why it is obsolete in the other thread. Fiat currency has helped the middle class just fine.

 

I don't disagree with why they park it off shore. I'm just showing you your wrong when you say there is no difference in buying a foreign owned product made here and an American owned made here and you all but said so yourself by bringing up American companies parking their profit off shore instead of bring it back to create jobs here.

 

They create jobs where the demands are. The fact is you are showing everyone that you're not anti foreign goods and services, you're an actually anti-foreigner regardless what contribution they have made to the US economy. You're blinded by your close-minded, extreme, and hate-filled anti-foreigner propaganda. You can't sell your bs to anyone fortunately.

 

All the extra skills are helpful for another job requiring them, BUT only the one skill he uses is all that matters to his employer. You don't know whether the Maytag worker has less skills. I am skilled at killing people, and I was fairly good at doing that skill in nam. I am also highly skilled in steel field construction building power plants, skilled in putting nuclear reactors together, refueling and repairing them, and with my psychology degree at working with peoples minds. All those skills mean nothing today if I apply to flip hamburgers for bigmac. In fact, it could be your demise to some employers who say you are over qualified. lol! Thats when you kill them with your skills in the interview booth!!! LMAO!!

 

Your so full of horse manure, you just don't like it you got trapped in your own words. I am not anti foreign. I said I will buy foreign if I can't buy a similar American product. But I know know how bad our economy is. I know to bring it back we need more jobs. I know profit from American made and owned makes more profit here and more jobs than buying foreign made or foreign own and American made. An idiot aught to be able to figure that out.

 

We can play semantic games all day but I realize that is a useless exercise. Bottom line, if the market does not want you, you're done. Right now, the options for Maytag workers are:

1- Learn new skill and look for different jobs
2 - Sitting on the coach and pointing fingers at everyone because their jobs is no longer here.

Not a lot of options on the table, really.

 

Just admit it. You're an extreme, hate filled and anti foreigner.

Many of us do not share that hate. We welcome and embrace all foreign enterprises who is willing to invest and create jobs in the USA regardless their skin colors, languages or religion backgrounds. The more you spew, the more you look like the "GET OFF MY LAWNNNNNNNNNNNNNNN" guy. I feel sorry for you, actually.

 

You don't understand English very well do you? I don't have hate in me for foreign products. I wish a lot more would come in. It creates jobs. I wish LG made their washers and refrigerators here instead of Mexico and Korea. If they had, it would have been a level playing field and Whirlpool would still be here instead of moving those plants to Mexico in order to compete. I would still of bought Whirlpool, but it wouldn't have bothered me so much to see others buying LG.

 

Sure you do and the foreigners are bothering you a great deal. Like I said...."GET OFF MY LAWNNNNNNNNNNNNNNNNN'

 

I tend to agree with that. When America went global, our work force should have seen they too were going to need to go global with where the jobs were going. I think for a large part, it has been America's own arrogance that has led to their own downfall. People that learned new skills and languages and customs were able to leave America or their state and go find good paying jobs. We have plenty of couch sitters in this globalist scheme of things that could be where the work is.

America's hope hangs on either becoming an isolationist nation which means goodbye foreigners and their products in order for capitalism to work, or it can change its economic system to socialist and provide education, training & placement services for the work force.

 

By doing this, the partnering company has access to the American company's secrets and plans of their product. What happens next, is a few years down the road the Chinese partner, breaks with the American company and starts up their own, using the plans of the American product to make their own and under cut the American company's product. Not quite the same as the dirty tricks Japan has played on us, but just as dirty and costly to the American company.

 

It's a stretch to call US economy is in a downfall. Free-trade allows corporate American to dominate not only in the US but in the global market. The fact is half of annual revenue of all companies that is listed on the DOW coming from overseas markets. Only a few companies can compete with Boeing, Caterpillar, IBM, Pepsi, Coca-Cola, American Standards, P&G, M&M, Starbucks, McDonald, PizzaHuts, Nike, JP Morgan, Exxon, Halliburton, Monsanto, Tyson Meat....etc..in the global market. I can understand the argument of manufacturing jobs are leaving the country for low cost producing counties but the benefits of global trade is out weight the disadvantages. Free-trade allows corporate Americans to position itself to be no# 1 trading player in the world. It's far from doom and gloom as the progressive on this board is trying to make it out to be.

Your second point, Pell Grants and other Federal Student Aids are available for low income earners who wishes to go back to school to learn new trade skills. A lot of people is taking advantage of all assistance that is available to them and they're putting a lot of efforts to changes their lives with the exception of Marine1 and his relative, they seem to love whining, crying and pointing finger at other American because we don't make the same choice as they do. Scary weird if you ask me.

 

World's second largest economy

The U.S. economy chugged along at a slow pace of 2.8% growth per year, in the last three months of 2011 while China's economy remains the envy of the developed world. It grew at an 8.9% annual rate in the fourth quarter.

It's no surprise then that economists predict China will soon become the world's largest economy within the next decade. The International Monetary Fund predicts it will surpass the U.S. in 2016, after adjusting for exchange rates.

 

What do you think about the Russian technology? They sure know a lot of thing that the Chinese don't. FACT:S All Russian airline are equipped by Boeing aircrafts. The Russian can make the airplane but whether or not anyone would want to travel with Russian made airplane is a different story. It's not what you can make, it's about how reliable their goods are. Your scare tactic is getting old and quite frankly paranoid.

- - - Updated - - -

Yes and American companies are making $1 trillion in China market so what is your point?

Wait! You don't have a point except "GET OFF MY LAWNNNNNNNNNNNNNNNNNNNNNNNN"

 

Yes free trade has done us well. We have/had the biggest economy in the world while just 13 years ago China was still going around on bikes and rickshaws. Now China is the largest producer of automobiles in the world. We need their money to pay our bills and in just two or three years, their economy will surpass us. Boeing will be lucky to sell China an airplane once China comes on board with theirs in a year or two. As a matter of fact, China will probably take billions of dollars of business from Boeing in other countries.

 

How do you feel about riding in an American plane with parts made in China?



Commercial Aircraft Corp. of China and Boeing Sign Collaboration ...



boeing.mediaroom.com/index.php?s=43&item=2156‎




Mar 6, 2012 - Boeing is the single largest purchaser of made-in-China aviation parts, committing hundreds of millions of dollars annually to dozens of ...


China gets contract for Boeing 737 Max parts |Companies ...



www.chinadaily.com.cn › Business › Companies‎



Oct 28, 2013 - The Boeing Co has signed a multi-year contract with Aviation Industry ... making it the first Chinese supplier for the new aircraft, Boeing ...

 

GE has been making Boeing engines in China for years. Have you been living under the rock? How do I feel? Of course I feel good because by outsourcing a few parts here and there to China, Boeing is able to sell aircrafts as a discount thus reducing airfare for the US consumers.

Hey don't travel by plane would you? Because those airplanes are now made in China.

 

American companies are taking trillion of dollars out of China economy a year and park them in offshore accounts. When China economy growths, corporate Americans profits growth. It's a win-win for corporate Americans.

 

You werent AWARE? its ALL about the lil Barackmeister! His economy his website.....

"Obviously my most recent concern has been that my website's not working," Obama said. "We're evaluating why it is exactly that I didn't know soon enough that it wasn't going to work the way it needed to. But my priority now has been to just make sure that it works."

he really does think its His Baby......

click barrys website for details

​

 

It's not just GE engines China is using. Did you know GE had to partner up with a Chinese company? Did you read what I said about how that works? If not, go back and read it. Your soon going to see a Chinese company making a Chinese engine almost identical to GE's and selling for much less.

 

But a loss for the American worker and then you have corporate America parking all that money off shore and not bringing it home and the gap widens between the rich and the poor. We are soooooo smart aren't we?

 

The Russian have tried and they have failed. Your lacking of understanding about trading is quite amusing. No insurance companies would underwrite insurance policy for any aircraft that fail to meet insurance standards. The engine of the aircraft is a big one. Chinese can make the engines, just like the Russian could, but if they can't get the approval of insurance companies, they're more or less useless. The commercial aircraft is pretty much monopoly between Boeing & Airbus going forward.

Again, you can't sell your nonsense to anyone, why don't you just drop it for a change?