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#3064956 - 12/05/12 03:29 PM Obama Gets Humiliated in the Pacific
Crappie Luck Moderator
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Registered: 01/29/03
Posts: 61381
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It is symptomatic of the national condition of the United States that the worst humiliation ever suffered by it as a nation, and by a US president personally, passed almost without comment last week. I refer to the November 20 announcement at a summit meeting in Phnom Penh that 15 Asian nations, comprising half the world's population, would form a Regional Comprehensive Economic Partnership excluding the United States.

President Barack Obama attended the summit to sell a US-based Trans-Pacific Partnership excluding China. He didn't. The American led-partnership became a party to which no-one came.



Instead, the Association of Southeast Asian Nations, plus China, India, Japan, South Korea, Australia and New Zealand, will form a club and leave out the United States. As 3 billion Asians become prosperous, interest fades in the prospective contribution of 300 million Americans - especially when those Americans decline to take risks on new technologies. America's great economic strength, namely its capacity to innovate, exists mainly in memory four years after the 2008 economic crisis...

http://nation.foxnews.com/president-obama/2012/12/03/obama-gets-humiliated-pacific
_________________________
"To find out who your real rulers are, simply look to those whom you CANNOT criticize..."
--Voltaire

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#3065069 - 12/05/12 05:01 PM Re: Obama Gets Humiliated in the Pacific [Re: Crappie Luck]
Wildcat
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Registered: 06/10/00
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That guy IS killing the United States.
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Obama, “the very danger the Constitution was designed to avoid." Liberal law professor Jonathan Turley.




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#3065138 - 12/05/12 05:49 PM Re: Obama Gets Humiliated in the Pacific [Re: Wildcat]
Crappie Luck Moderator
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Registered: 01/29/03
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#1 The United States has lost approximately 42,400 factories since 2001.

#2 Dell Inc., one of America’s largest manufacturers of computers, has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade.

#3 Dell has announced that it will be closing its last large U.S. manufacturing facility in Winston-Salem, North Carolina in November. Approximately 900 jobs will be lost.

#4 In 2008, 1.2 billion cellphones were sold worldwide. So how many of them were manufactured inside the United States? Zero.

#5 According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone.

#6 As of the end of July, the U.S. trade deficit with China had risen 18 percent compared to the same time period a year ago.

#7 The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.

#8 According to Tax Notes, between 1999 and 2008 employment at the foreign affiliates of U.S. parent companies increased an astounding 30 percent to 10.1 million. During that exact same time period, U.S. employment at American multinational corporations declined 8 percent to 21.1 million.

#9 In 1959, manufacturing represented 28 percent of U.S. economic output. In 2008, it represented 11.5 percent.

#10 Ford Motor Company recently announced the closure of a factory that produces the Ford Ranger in St. Paul, Minnesota. Approximately 750 good paying middle class jobs are going to be lost because making Ford Rangers in Minnesota does not fit in with Ford's new "global" manufacturing strategy.

#11 As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.

#12 In the United States today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services.

#13 The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000.

#14 In 2001, the United States ranked fourth in the world in per capita broadband Internet use. Today it ranks 15th.

#15 Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.

#16 Printed circuit boards are used in tens of thousands of different products. Asia now produces 84 percent of them worldwide.

#17 The United States spends approximately $3.90 on Chinese goods for every $1 that the Chinese spend on goods from the United States.

#18 One prominent economist is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.

#19 The U.S. Census Bureau says that 43.6 million Americans are now living in poverty and according to them that is the highest number of poor Americans in the 51 years that records have been kept.
_________________________
"To find out who your real rulers are, simply look to those whom you CANNOT criticize..."
--Voltaire

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#3065155 - 12/05/12 06:03 PM Re: Obama Gets Humiliated in the Pacific [Re: Crappie Luck]
FLTENNHUNTER1
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Registered: 11/21/07
Posts: 16405
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America's best days are behind her. Thank you Democrats.
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"The fore horse of this frightful team is public debt. Taxation follow that, and in its turn wretchedness and oppression."
--Thomas Jefferson

17.9 Trillion http://www.usdebtclock.org/

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#3065259 - 12/05/12 07:07 PM Re: Obama Gets Humiliated in the Pacific [Re: FLTENNHUNTER1]
348Winchester
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Registered: 08/13/12
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It's the republicans too. They do not have any cods.
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#3065267 - 12/05/12 07:12 PM Re: Obama Gets Humiliated in the Pacific [Re: 348Winchester]
de novo
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 Originally Posted By: 348Winchester
It's the republicans too. They do not have any cods.


Our decline/ demise was definitely bi partisan affair.
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“Reality is what continues to exist whether you believe in it or not.” 

“The further a society drifts from truth the more it will hate those who speak it.”

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#3065273 - 12/05/12 07:17 PM Re: Obama Gets Humiliated in the Pacific [Re: de novo]
Crappie Luck Moderator
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Registered: 01/29/03
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 Originally Posted By: de novo
 Originally Posted By: 348Winchester
It's the republicans too. They do not have any cods.


Our decline/ demise was definitely bi partisan affair.


Fact
_________________________
"To find out who your real rulers are, simply look to those whom you CANNOT criticize..."
--Voltaire

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#3065274 - 12/05/12 07:17 PM Re: Obama Gets Humiliated in the Pacific [Re: de novo]
FLTENNHUNTER1
16 Point


Registered: 11/21/07
Posts: 16405
Loc: Tampa FL

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 Originally Posted By: de novo
 Originally Posted By: 348Winchester
It's the republicans too. They do not have any cods.


Our decline/ demise was definitely bi partisan affair.


80% Democrats
20% Republicans
_________________________
"The fore horse of this frightful team is public debt. Taxation follow that, and in its turn wretchedness and oppression."
--Thomas Jefferson

17.9 Trillion http://www.usdebtclock.org/

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#3065279 - 12/05/12 07:24 PM Re: Obama Gets Humiliated in the Pacific [Re: FLTENNHUNTER1]
Crappie Luck Moderator
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Registered: 01/29/03
Posts: 61381
Loc: Smith Co.

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The GOP has served as an easy vehicle for progressives to land in Washington. Once there they piss on the heads fs those who elected them.

Heck. Look at our own governor.
_________________________
"To find out who your real rulers are, simply look to those whom you CANNOT criticize..."
--Voltaire

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#3065287 - 12/05/12 07:29 PM Re: Obama Gets Humiliated in the Pacific [Re: Crappie Luck]
FLTENNHUNTER1
16 Point


Registered: 11/21/07
Posts: 16405
Loc: Tampa FL

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I agree with you guys, there are only a handful of politicians worth keeping in D.C. The other 530ish need to be voted out ASAP.

If a comet hit D.C. tomorrow and wiped them all out it would be a step in the right direction.
_________________________
"The fore horse of this frightful team is public debt. Taxation follow that, and in its turn wretchedness and oppression."
--Thomas Jefferson

17.9 Trillion http://www.usdebtclock.org/

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