QOTD: Pay Discrepency

The point is, the dollar is going down. Over the short term, I don’t know…but certainly over the long term. As it is, a tollbooth operator in the state of Massachusetts earns more than a person with a master’s degree in computer science in Beijing. And the fellow in Beijing works 12 hours a day…and gets almost no benefits.

Discrepancy in pay certainly is a major problem of the current economic crisis.  We can say the same about our CEOs of major corporations in this country that their salaries are very disproportional to the earnings of the company, the amount input that they have (or chose to put in), and their employees'.

While no man should ever be limited by laws (or more precisely, taxes) on the amount of wages one can earn, we must realize that the market does set the fair wage, inclusive of the inherent risk in the currency with which the wage is paid.  The problem with pay discrepancy is that it will always find equilibrium; which means that through inflationary burn, debt enslavement, the burden of government, and high unemployment, the wages of average workers in the United States will not have upward pressure.

All the more reason to reform Washington, end the Federal Reserve, and prevent the meddlers from meddling with our currency.

Imagine That! China Leading on Safe Nukes!

It seems that the United States doesn't lead on much these days, but this is something that I could actually cheer for China on.  Safer nuclear technology that still generates electric, but a meltdown would actually cause a self imposed fission shut down.  Meaning, at least in theory, safer fission and less risk of accidents like that of Chernobyl or Japan.

Fearist New Age Airforce

Used Top Gun Footage?  And proceed to claim it was real training footage?

Only in China, do they have to use "Made in America" movie footage for a show of strength.

Trump: China can Foxtrot October!

Well, ok, he didn't exactly say that China can F'off.  However, using business language and "off the record" sovereign trade talk speak, he did.  Finally, an American businessman and potential leader that has the balls to actually say what most mainstream Americans think.

This clip is from a phone interview on CNBC's Larry Kudlow & Company's show earlier this week.  If you have ten minutes, it is highly worth the time to watch The Donald explain what he would do to solve the manipulative Red Chinese's trade practices.  Additionally, Kudlow pushes at Trump to see if he might be a contender for the 2012 Presidential race.  Seems that he might have a contract conflict with a certain show that will prevent him from saying yes until later this year. 

Of course, I'm already on record as saying he'd have my support.  Watch the vid, it's worth the listen. 

H/T to AK Fan, of course. 

China = America?

Can someone tell me what is wrong with this picture?  Is it SOP to fly another country's flag on par with the Stars and Stripes when their president is here on an official state visit? 

Either way, putting the ChiComms on equal footing to our country is not only disgusting, but encourages them to maintain their unfair trade practices and deplorable human rights abuses.  Of course, when you are a Communist and trying to create socialist utopia here in the United States, what do you care about bowing down to ideology that most Americans dislike at best and absolutely despise on the whole. 

Red Twitter is China's Answer to the SMS

Red Twitter?  The ChiComms can't seem to get fully away from the West's online interaction, but rather than cede power completely, why not just create the politburo approved version? 

Awesome! 

Boomers, China, & Rosevelt Theory

Honestly, there is nothing more powerful and stealthy in the US Military's arsenal than that of a ballistic missile sub. Turn one of those boats into a space for 154 cruise missiles and 60 special forces commandos, capable of disappearing for months on end, and then reappearing anywhere in the world without announcement, and that is what SOCOM refers to as "the tip of the spear."

Needless to say, when three boomers surface at roughly the same time, in roughly the same area, for no real reason whatsoever, someone is going to take notice. China happened to take notice of someone in the Navy playing a bit of Roosevelt Doctrine (walk softly and carrying a big stick.) For those that are mistaken that the cold war is over, it's merely shifted focus from the Red Russians to the Red Chinese, and unfortunately for the US, the Chicoms are better organized, better populated, and are on the correct side of potential economic warfare.

Unfortunately for the brain that is locked away in the Naval Warfare College that thought it a good idea to turn ballistic missile subs into cruise missile subs, his face will never be donned upon the Wheaties box, though it really should be.

(Full credit goes to Yahoo News and AK Fan for the link, it's a good read).