US BLIND TO CONSEQUENCES: Deutsche Bank Chief to Asia: Avoid West's Levies - WSJ.com: "- Sent using Google Toolbar"
There is certainly one thing that socialists and populists abhor and try to ignore - and that is competition.
Clearly the US is going down a two-lane road going in the wrong direction: in one lane, it is creating an increasingly less job friendly and a more anti-business climate; in the other lane, it is going after any money it can find to support its gargantuan appetite for government largess.
One wonders if the US is even replacing its capital stock used up each year. One kind of doubts it. But these are issues the current administration couldn't understand. Oh my, it's like speaking Chinese to them (and they only understand American English).
Monday, July 19, 2010
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