TITANIC

http://money.cnn.com/2007/03/30/news/economy/china_trade/index.htm Well, is this just for show? with NO real bite to it? They hold a $$trillion hammer over our head.

Now maybe I'm DAFT? but how does TRADE TARRIFS benefit anyone? (many think tarrifs helped create 1st depression) in my case? It IS the same stupid?? US companies of whom are BUYING all this crap, some US companies like DMI and MARTIN NO longer have much in way of factories and import almost ALL of what they sell under their name. A TARRIF will not help them nor me? because these same US companies have NO interest in investing in plant and equipment to build these things.....when someone else can do it for them CHEAPER. And the quality of some of it is EXCEPTIONAL. Now raising tarrifs would make ALL of these goods and MOST of what we buy much higher fueling inflation!

I WOULD LOVE to buy AMERICAN and do when I can, but they don't seem interested in making what we need. INTC is building a $2.5 B plant in China, the unwinding of the Ponzi scheme FED recklessness that has created the shitpile we are getting stormed under cannot end well. While we print money to pay for the ongoing war of which I guess wont find its way into any published budget....wouldnt it be nice to have that extra $100 B or so?

AT some point (next election?) something has to give....taxes must go up, how else can we hope to pay for the $70 Trillion IOU? I Just thought of something sickening.....JUST the INTEREST on our debt must be a mind blower....and a huge SUCK to any REAL economy.

Sub prime is TIP of iceberg, it seems to me not many have been scared.....or even know the Titanic has been hit....

Duratek