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To: TobagoJack who wrote (80588)4/2/2007 8:30:54 PM
From: Brumar89  Read Replies (1) | Respond to of 110194
 
revolution is not unthinkable for usa,

Nothing is unthinkable. But don't hold your breath for that one.

Theres another big country much more likely to have a revolution sometime in next generation. Not India.



To: TobagoJack who wrote (80588)4/2/2007 9:01:58 PM
From: shades  Read Replies (4) | Respond to of 110194
 
Boyfriend for Coconut:

Youngest chinese GOLD farmer - virtual gold - but gold nonetheless eh? Beats working in real silver mine in el mats part of the world eh?

youtube.com

He started work young, with such good work ethic, make good mate, and teach daddyinlaw chen a few tricks in game world. Who knows though, crazy world we live in, what momma do if coconut come home one day and say she no lika dudes and only can love sinead o'connor type? No little grandbabies for momma chen then! You know like vice presidents gay daughter.

Here is female chinese rapping - american culture and globalism maybe affect coconut in way you not expect? What this woman saying Dear General?
youtube.com

I don't know who is paying this kid to play a game for him, but everything is for sale no? You speak of revolution, America have its slavery wars in the 1860's and child rights in the 1910's and race riots in the 1960s and going through gay rights stuff as we speak - China still have long way to go to catch up eh? Americans may suffer severe financial difficulty and class warfare still be bad, but I feel the majority of violence and social ills will be shouldered in the east. I could be wrong though, there may be more tolerance there than I give them credit for.

When I see black woman as secretary of state in China then I say those guys tolerant like USA folks. Maybe coconut can get that job in future, is Condi Rice married? I don't recall hearing anything about a husband ever. Well who needs a family or children, career is Job 1, more ways maybe america infect chinese.



To: TobagoJack who wrote (80588)4/3/2007 9:03:20 AM
From: 8bits  Read Replies (1) | Respond to of 110194
 
if no internal revolution, then external military adventure will eventually trigger an effectively unified global response ... that is how biblical works

Global response against the US..? I doubt it.. count the number of countries which have been invaded after they acquire nukes....
it's zero.

revolution is not unthinkable for usa

Well I suppose not... but... rather unlikely in the timeframe "we are promised drama for the next two decades in all cases" you outline (In my opinion..)

all the ingredients for a sectarian cum have/have-not cum race AND faith war are present, melted lumpily into the pot

Groups are highly fractured. I don't believe the "have nots" (The US version of which on average have more goodies than 80% of the rest of the world..) will unite against the haves. At least not for revolution.

trashing the constitution and then spin the trashing as good is a lead-in

A US past time... depends upon who's in power.

"the direction as of now is wrong, but the wrong-doers are entrenched, deep, well financed, better armed, and more aggressive"

If you mean the Neo-Cons I don't even think they know how to go about what they want now.... nope.. it's a dead letter.. for them.

Women's right to vote and Civil Rights were achieved without revolution, I don't see why the country can not evolve towards a different future.



To: TobagoJack who wrote (80588)4/3/2007 11:58:36 AM
From: elmatador  Respond to of 110194
 
Ecuador to Reverse `Failure' of adopting USD

Ecuador to Raise Spending to Reverse `Failure' From Dollar
By Matthew Walter

April 3 (Bloomberg) -- Ecuador's President Rafael Correa pledged to increase spending on oil production and low-interest business loans to repair damages he says stemmed from the country's adoption of the dollar as its official currency.

Ecuador converted to the dollar a year after defaulting on $6.5 billion in debt in 1999. That sparked a surge in import demand and caused the trade deficit, excluding oil exports, to balloon to $4 billion last year from $730 million in 2000, Correa said last night during a presentation of his economic plan in the main port of Guayaquil, the country's largest city.

``The dollar has been a complete failure,'' Correa said ``Since we don't have monetary policy, we have to rely on a combination of other measures.''

The president said he will stick to an earlier promise to keep the dollar as the country's currency during his four-year term. Still, he said he won't make payments on any government debt he considers illegitimate, including loans from the central bank and certain debt with the World Bank, to free up spending on education and health care.

Ecuador, South America's fifth-biggest oil producer, will invest $2.8 billion in oil exploration and production through 2010, Correa said. The country will cut sales taxes, increase lending to offer cheaper credit to small businesses and seek trade agreements to lower the trade deficit, he said. The government will also raise luxury taxes, among other measures announced.

Not Desirable

While the dollar helped slash inflation to 2.9 percent last year from 108 percent in 2000 and revived the banking system, it also widened the gap between rich and poor, Correa said. He was elected last year without the backing of any political party on promises to create a more equality through socialist policies.

``We have to come to agreement that it's going to be necessary to redistribute some income,'' he said.

Correa is moving ahead with a political campaign designed to win support for a referendum this month on whether the country should hold a national constituent assembly to draft a new constitution.

The president is trying to strike a balance between attracting investment dollars to boost oil production and keeping the economy growing, and implementing socialist policies designed to benefit the poor, Jorge Cherrez, president of Quito brokerage IB Corp said in a telephone interview.

`Very Focused'

Correa has alienated some foreign investors since taking office in January, threatening to default on the country's $10 billion in foreign debt and renegotiate contracts with foreign oil companies to help boost social spending.

Ecuador's bonds have rallied since Finance Minister Ricardo Patino backed off from comments that he considered some of the country's debt illegitimate and didn't intend to pay it.

``Correa is very focused in maintaining his political capital, his popularity with the people to be able to implement the version of the constitution he wants,'' said Carola Sandy, an economist with Credit Suisse in New York.

Ecuador's top electoral court in March suspended 57 lawmakers for voting to oust its chief justice after the court backed plans for Correa's referendum. Replacements were sworn in March 20, giving the legislature a new quorum to continue its session.

To contact the reporter on this story: Matthew Walter at in Guayaquil at Mwalter4@bloomberg.net