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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (297579)	3/22/2009 6:53:12 AM
From: LindyBill	4 Recommendations Read Replies (2) \| Respond to of 793917

OK, I suppose those enormous trade deficits sucking up our dollars and sending them to Asia to pay for the goods you buy at WalMart for a pittance somehow don't matter. Of course they don't. I have a horrible trade deficit with Safeway, Costco and Walmart. Doesn't worry me a bit. I buy a ton from them, and they don't buy squat from me. I suppose because these yellow foreigners with slanty eyes took our money in exchange for the goods we bought, you should be worried. Why? They are the ones with the stacks of money. And we are the ones enjoying the goods. What are they going to do? Refuse to take more of them? They are begging to sell us more, and worried that we will cause them to lose when our dollar declines in value. But they can't do anything about it when it does decline. We are the engine that runs the world. Of course the money will decline in value. But the other currencies they can deal with are declining even more. They are stuck. They hate it. But they can't do anything about it. Refuse to buy more of our treasury bonds? Then what will they do with all of our greenbacks? Let let them sit without earning anything on them? Frantically sell our dollars on the open market and try to crash the dollar? They crash themselves first. And don't dent us. We have the world by the balls. And we never have to pay the piper.

To: carranza2 who wrote (297579)	3/24/2009 3:07:58 PM
From: Neeka	1 Recommendation Read Replies (2) \| Respond to of 793917

American Jobs Threatened by Cheap Chinese Condoms Monday , March 23, 2009 FC1 ADVERTISEMENT With the American economy in turmoil, the government has decided to drop a long-standing contract with a U.S. company and give it to a foreign one, the Kansas City Star reported. In a move that will cost around 300 American jobs, the U.S. Agency for International Development (USAID), has decided to purchase condoms from foreign companies — in countries like South Korea and China — because they cost less than American-made prophylactics, the Star reported. The agency distributes billions of condoms to poor countries around the world, but has previously used only American-made condoms because of "Buy American" regulations, the Star reported. The stimulus bill that recently passed in Congress, however, does not include that provision for condoms. A USAID official told the Star that the agency considered the jobs that would be lost, but that the foreign condoms cost about 2 cents. American ones cost about 5 cents. Alatech, an Alabama company that had been USAID's previous sole supplier, protested the contract's move, but the Government Accountability Office rejected the compliant saying the company had no standing, the Star reported. Condom factory workers are unhappy about the move. “We pay taxes down here, too, and with all this stimulus money going to save jobs, it seems to me like they should share this contract so they can save jobs here in America,” Fannie Thomas, who has worked at Alatech for 40 years, told the Star. “I’ve made condoms here for 20 years,” Cindy Robinson, a $9.50-an-hour employee at Alatech, told the Star. “I understand why they bid the contract overseas, but they should buy American first, and I feel they are going back on their word.” Click here to read more on this story from The Kansas City Star. foxnews.com