CHINA LIES ABOUT THE $560 BILLION BAIL OUT
November 10th 2008 21:14
China is lying to us about the $800 billion ($US560 billion) to be spent on the economy. How do I know? They've lied about everything else. They have a history of lying. They lie about Tibet, the unrest and oppression in the north east. They lie about storm and earth damage. They lie about dams. They lie about stock disease. They lie about plastic in the milk, eggs, chickens and stock food.
They continue to lie until forced into the open. In those other respects we just expect them to lie.
Why don't we think they're lying about their bail out package ( the media has swallowed this one whole because China is going to save everyone)? Well, we need China to continue to be affluent. Our media has expressed no doubt. How irresponsible given China's record.
How do we know the money is being pumped into the economy? We don't. China being a communist (remember?) dictatorship can force people to work while only supplying them with food and water (not money). They can force the rich to empty their coffers first to continue development and the purchase of commodities.
Why would they pretend like that?
So we believe them and keep propping up our failing economies, giving to the wealthy etc. That way they keep selling to us.
They continue to lie until forced into the open. In those other respects we just expect them to lie.
Why don't we think they're lying about their bail out package ( the media has swallowed this one whole because China is going to save everyone)? Well, we need China to continue to be affluent. Our media has expressed no doubt. How irresponsible given China's record.
How do we know the money is being pumped into the economy? We don't. China being a communist (remember?) dictatorship can force people to work while only supplying them with food and water (not money). They can force the rich to empty their coffers first to continue development and the purchase of commodities.
Why would they pretend like that?
So we believe them and keep propping up our failing economies, giving to the wealthy etc. That way they keep selling to us.
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Comment by Cibbuano
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Comment by Bill Green
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My problem is that we'll get sucked into the bail out syndrome when in fact we're giving money to those who engineered our present economic position. We're all looking to China to save us. But I certainly take your point.