Jim Johnson
Joined: 08 Apr 2008 03:49 pm
Posts: 34
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Posted: 29 Apr 2008 11:57 am
Post Subject: Re: Poor management Read Article
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Mr. Pelland,
Well, your reasoning sounds good, but let's look a little deeper. How much oil do you really think we get from the European Union??? Have you noticed what has happened in America? In the last 10 years we have become a "disposable" society. We wanted cheaper consumables, and that is what we got "cheap crap." I can remember the day when the large retailers were proud to offer products "Made in the USA." Now, because of OUR demand, I dare you to find a product on the shelf not made in China.
You may be asking, what does China have to do with anything? Well, it is quite simple really. Their economy is booming, thanks to all the money WE have pumped into their economy. They can provide products cheaper than the rest of the world because they have no environmental controls (they are also the biggest problem when it comes to global warming) and their factory wages are so much lower than American's. They are now competing with the US for lumber, steel, concrete, and yes...OIL. This is directly the reason for the spike in Oil prices which effects gasoline and diesel. This is also the case in concrete, lumber, and steel. Noticed how it is more expensive to build a house than buy one lately?
I am tired of reading how the Bush administration is responsible for this. This is ignorant reasoning. Another example of how we, as a society, have to blame someone or something else. We are never at fault. Fact is, we are. We, again, as a society, wanted more for less when it came to our homes. So the mortgage industry came up with a product WE ASKED FOR so we could buy homes we couldn't afford. Again, let's blame Bush. If you want to get technical, most of our downfall can be linked to time when Clinton was in office, but I don't blame him for it. This is the fault of the American middle class trying to live beyond their means. Now we are all paying for it.
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