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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (121284)	9/20/2012 5:10:02 PM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

LOL. Yes, he really put his foot in his mouth. So his point was completely lost in the ensuing noise. BTW, different topic. Remember how you were telling me about how US Capitalism is terrible and China's Centrally Planned Economy has produced an economic miracle and that we have something to learn from them? How do you think that is working out for them now? History has shown us a million times that Centrally Planned Economies are inferior in almost every way to Capitalist economies that rely on price discovery based on supply, demand, and risk/reward analysis by millions of economic actors. The free markets beat Centrally Planned Economies every time over the long run. Anyway, here's more proof that this is as true now as it has every been. China has seen 11 months of manufacturing contraction. Malinvestment always catches up to Centrally Planned Economies: Factory data sends China stocks to nearly 4-year low money.cnn.com