USA Africa Dialogue Series - Re: [Leonenet] China Overtaking US As Global Trader

The Halaky One is too busy expanding the Pentagon spying mission and other warmongering programs, instead of creating jobs. He is only concerned with being honored in oyinbo history as the number one butcher in POTUS history.

Kinei Alpha,

 

I believe you are somewhat delusional to think that Obama actually has a permanent solution to our economic problems in America.  Taxing the rich to solve social problems will not create jobs, reduce unemployment or alleviate poverty.  And blaming over four years after he left office is not a solution either.  Let's assume that Bush is the wretched cause of all our misery.  That's why the voters have twice elected Mr. Obama and what he needs to do is to come up with a real solution, not keep blaming his predecessor(s). Every president inherited problems from his/her predecessor, otherwise, we won't need the current one.

 

And don't go to the other Obama talking point about the do nothing and obstructionist Republicans and Tea party people.  Every game except golf, I suppose, has an obstructionist - the other team.  If you cannot score a goal in football / soccer unless the opposing defenders / obstructionists don't show up, you are not up to the game.  I am hearing the same excuses and explanations from you guys in Sa. Leone as well - Bai Koroma won because APC stole the votes.  Really?  Bai Koroma beat Chas. Margai in most constituencies in Bo, Kailahu, Kenema and believe it or not, Moyamba District.  In any case, SLPP printed the ballots in 2007, conducted the elections and still lost even F/Town.  Mr. Obama ran the country for two years with complete Democratic control of the Whitehouse and both halls of Congress and still the economy steadily declined and stagnated at 8 percent unemployment.   Bush created more jobs in one year than Obama created in four years, and Obama has created half as much national debt in four years than ALL the other presidents from Geo. Washington to Geo. W. Bush and he has not signed a national budget in four years.

 

Lastly, you are a business man.  Bus 101 should tell you why China is overtaking the US - they actually work in China.  Nearly 80 percent of goods you and I purchase at Walmart, etc is made in the PRC.  That's why Obama's multi-billion dollar stimu-LOSS never created the 3 to 4 million "shovel ready jobs" (his words) he promised.  The Americans do in 5 days what should only take them only 3 days to do (60 % efficiency). The Chinese, Japanese, et al are in the 80 % efficiency level.  Trust me on that.  I measure industrial work for a living and have done so for 30 years or so.

Hope that helps,

Sam.

 

On Sun, Dec 2, 2012 at 6:28 PM, Pay Wahun <paywahun@yahoo.com> wrote:

This is the result of the Republican trickle down economics. America was no match if only George Bush had continued the path Bill Clinton left that nation. Obama is just building the fabrics together, hopefully republican law makers will come to that realization. Let the brother wok!

Sent from my RV mobile satellite in Sierra Leone

On Dec 2, 2012, at 6:12 PM, Abdul Karim Bangura <theai@earthlink.net> wrote:

Yap, Obama is too busy killing Afrikans with drones and other weapons of mass destruction!

World December 02, 2012

AP IMPACT: China overtaking US as global trader

Photo: AP Stacey Rassas, right, a quality control manager at a Suntech Power Holdings Co., a Chinese-owned solar panel manufacturer, examines a solar panel with her co-worker Frank Garcia at a company facility in Goodyear, Ariz. The factory makes solar panels for one of the world's biggest solar manufacturers.

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Photo: APAnthony Mwaura, a 23-year-old marketing student, stands on a bridge over a new 50-kilometer (30-mile) highway leading north of the capital of Nairobi in Kenya. The $300 million road was built by three Chinese companies and financed by the African Development Bank and the Chinese Exim Bank. It has cut a trip that took several hours 18 months ago to 10 minutes, said Joseph Makori, a professional driver.

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Photo: APA customer checks bottles of imported wine at a supermarket in Beijing. Rising incomes have driven demand for wine and other luxury goods, making China a lifeline for European and American vineyards when the global crisis battered traditional markets. The Chinese have "helped Bordeaux a lot these past three years," said Florence Cathiard, owner of Chateau Smith Haut Lafitte in the Pessac-Leognan area of France's southwest, home of high-end Bordeaux wine.

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Photo: APAn employee of ENA Industry, run by chief executive Shin Cheol-soo, works at its assembly line in Gyeongsan, south of Seoul, South Korea. Shin no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on selling to the new economic superpower: China.

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Photo: APVehicles make their way along a new 50-kilometer (30-mile) highway leading north of the capital of Nairobi in Kenya. The $300 million road was built by three Chinese companies and financed by the African Development Bank and the Chinese Exim Bank. It has cut a trip that took several hours 18 months ago to 10 minutes, said Joseph Makori, a professional driver.

Show more

Photo: APMasked employees work as Shin Cheol-soo, standing at right in the background, chief executive of ENA Industry, tours his company's assembly line in Gyeongsan, south of Seoul, South Korea. Shin no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on selling to the new economic superpower: China. In just five years, China has surpassed the United States as a trading partner for much of the world, including U.S. allies such as South Korea and Australia, according to an Associated Press analysis of trade data.

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Photo: APAn employee of ENA Industry, run by chief executive Shin Cheol-soo, works at its assembly line in Gyeongsan, south of Seoul, South Korea. Shin no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on selling to the new economic superpower: China.

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Photo: APTrucker Miguel Gospodneich watches soybeans kept in a portable silo bag being loaded into his truck to be transported for sale at a farm near Pergamino, Argentina. China is the leading buyer of Argentine soybeans, with most of the country's fertile land nowadays covered with the crop, its principal export. As Chinese ate more pork, fried chicken and hamburgers, increasing the demand for soybeans to make cooking oil and feed for pigs and cows, cattle ranchers in Latin America turned grazing land into fields of soy, a crop few in their region consume.

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Photo: APStacey Rassas, a quality control manager at Suntech Power Holdings Co., a Chinese-owned solar panel manufacturer, examines a solar panel at a company facility in Goodyear, Ariz. The factory makes solar panels for one of the world's biggest solar manufacturers.

Show more

Photo: APA red-and-white tape is used around the building site of the Great Mosque of Algeria in Algiers. China is now pushing into construction and engineering, where U.S. and European companies have long dominated. In Algeria, Chinese state-owned companies pushed aside established French and German rivals to win contracts to build a $12 billion cross-country highway and the $1.3 billion mosque. The mosque is set to be completed by 2015.

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Photo: APChinese workers walk at the building site of the Great Mosque of Algeria in Algiers. China is now pushing into construction and engineering, where U.S. and European companies have long dominated. In Algeria, Chinese state-owned companies pushed aside established French and German rivals to win contracts to build a $12 billion cross-country highway and the $1.3 billion mosque. The mosque is set to be completed by 2015.

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Photo: APFarmer Raul Medina takes soybeans out of a tube to test its moisture before transporting it for sale at a farm near Pergamino, Argentina. China is the leading buyer of Argentine soybeans, with most of the country's fertile land nowadays covered with the crop, its principal export. As Chinese ate more pork, fried chicken and hamburgers, increasing the demand for soybeans to make cooking oil and feed for pigs and cows, cattle ranchers in Latin America turned grazing land into fields of soy, a crop few in their region consume.

Show more

Photo: APShin Cheol-soo, chief executive of the ENA Industry, speaks during a meeting with his employees at his office in Gyeongsan, south of Seoul, South Korea. Shin no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on selling to the new economic superpower: China. "The United States is a tiger with no power," Shin said in his office, where three walls are lined with books, many about China. "Nobody can deny that China is the one now rising."

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Photo: APA worker opens a portable silo bag to load into a truck to be transported for sale at a farm near Pergamino, Argentina. China is the leading buyer of Argentine soybeans, with most of the country's fertile land nowadays covered with the crop, its principal export. As Chinese ate more pork, fried chicken and hamburgers, increasing the demand for soybeans to make cooking oil and feed for pigs and cows, cattle ranchers in Latin America turned grazing land into fields of soy, a crop few in their region consume.

Show more

Photo: APA pedestrian crosses a bridge over a new 50-kilometer (30-mile) highway leading north of the capital of Nairobi in Kenya. The $300 million road was built by three Chinese companies and financed by the African Development Bank and the Chinese Exim Bank. It has cut a trip that took several hours 18 months ago to 10 minutes, said Joseph Makori, a professional driver.

Show more

Photo: APShin Cheol-soo, chief executive of ENA Industry, speaks at his office in Gyeongsan, south of Seoul, South Korea. Shin no longer sees his future in the United States. The South Korean auto parts supplier uprooted his family from Detroit this year and moved ho