[Grovenet] What makes a city livable? Was: ACTION ALERT: Call for Measure 37 Suspension & Hearings

[Ron D'Eau Claire]

Thanks Steven. 

While we in the USA feared the communist states' military ambitions, they
always said that they'd beat us economically. 

Were they right? 

The economies of the world are heavily intertwined. However, one has to ask
which would be the worst disaster, the Chinese losing the US as a "customer"
or the US losing the Chinese as a supplier. We Americans are only one of
China's customers, and our importance grows smaller as the EU and South
America buy more and more from China. However, China is our ONLY major
supplier of a huge range of goods we are highly dependent upon.

Ron D'Eau Claire 



-----Original Message-----
From: grovenet-bounces at rdrop.com [mailto:grovenet-bounces at rdrop.com] On
Behalf Of Steven
Sent: Wednesday, December 13, 2006 7:41 AM
To: Forest Grove local interests list
Subject: Re: [Grovenet] What makes a city livable? Was: ACTION ALERT: Call
for Measure 37 Suspension & Hearings


Here is a side note story:
tompaine.com/articles/2006/12/12/china_has_us_by_the_purse.php

*Who has real power* over U.S. decision-making? If you think it is the 
White House, or even the Congress, think again. There has been a power 
shift underway for years and, believe it our not, our future and fortune 
rests in the hands of bureaucrats on the other side of the world. Sorry 
folks, but our red, white and blue economy is afloat because of members 
of the Politburo of the Chinese Communist Party.

Yes, the Red Menace that we spent so many years fearing as a military 
threat now represents a far more serious economic threat. Mao must be 
turning in his grave with the news that no less than six U.S. Cabinet 
members are on their way to the Middle Kingdom on Wednesday to beseech, 
beg, lobby and try to persuade the new mandarins not to sell off their 
vast reservoir of dollars.

There's an old saying that a person can be in trouble when he owes a 
bank a hundred bucks. But if he owes $100 million, the bank could be in 
trouble. We owe China billions, but they realize that collapse of 
American capitalism-once a goal-could also trigger a collapse of Chinese 
"communism." That's how mutually intertwined we have become, and how 
complicit we are with a government which the Committee to Protect 
Journalists says now jails more journalists than any other.



David Morelli wrote:
> Thanks for the addition.
>
> I just watched a special on Wal-Mart.  Whether you like it or not, it
> makes most of its profit selling Chinese goods to Americans.  In the  
> process the factories in the United States are pushed to the brink,  
> or over the edge while they compete with the off shore sources.   
> Given Ron's description of our American life, I wonder if the workers  
> in China are really working for that much less than we are working for.
>
> One point made by one economist in the program was that the exchange
> rate with China was possibly 40% undervalued.  Nice to hear a guess  
> at the spread.  Of course I agree with that perspective, and you have  
> heard me push it before.  If the exchange rate were fully valued more  
> of the American factories would be able to compete, and the price of  
> oil would be much higher.  Which would address several of our other  
> issues.
>
> David
>
> On Dec 12, 2006, at 7:15 PM, Ron D'Eau Claire wrote:
>
>   
>   
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