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skate
01-10-2007, 05:03 PM
maybe a blurrr...

but regards to our trade surplus (of coarse 'the Skate' noted early):cool: (days earlier):p that our Encouraging News for the USA economy 'is the strength in exports'.
seems like a increase of 13% from a year ago, and at the Highest monthly level on Record, the highest monthly level on record, thats Record levels, as in Highest Ever.
now how'd he do dat?

well, capital goods led the export increase.
now, we gonna have to hear about another upward revision of the 4th Q. GDP.

the nice thing about this report, like so many other reports (from 'the Skate'), YOU the PA readers of postings, you were the first in the World to have this invaluable info.. Frig;) en....mation.


oh, now stop that, skate, you're just getting too too fresh for your own good.

PlanB
01-10-2007, 05:32 PM
Yeah upbeat news. TY Skate.

skate
01-10-2007, 05:36 PM
ok thank you.


whats TY ?

singunner
01-10-2007, 06:05 PM
Source?

I don't necessarily disbelieve you, but you just said the press might give a "blurb" about it. At least when they do that, they tend to start off with the source of their material.

PlanB
01-10-2007, 06:29 PM
Capital Goods is always watched and its one volatile factor, but in reality I think the time is great for CG to perk our economy. Why, I hear you asking, lol. It's the times, volatile in many ways. We have India & China -------- a dynamic in every way. Both having incredible economic ups but ... big trade offs. Land & Water concerns for China; India, much more reliance on the West. Social upheaval concerns both. To me the best investments are with China. They will pay very dearly for their huge economy. Many areas in which to make money.

Suff
01-10-2007, 06:31 PM
whats TY ?

Thank You

Secretariat
01-10-2007, 06:40 PM
Source?

I don't necessarily disbelieve you, but you just said the press might give a "blurb" about it. At least when they do that, they tend to start off with the source of their material.

http://news.yahoo.com/s/ft/20070110/bs_ft/fto011020070938390275

"US trade deficit with China reaches record $214bn
By Eoin Callan in Washington
Wed Jan 10, 9:25 AM ET

The US trade deficit with China has reached an all-time high, according to figures published on Wednesday, which will fuel calls in Washington for Beijing to revalue its currency.

The politically-sensitive trade gap with China reached $214bn in November, shattering the 2005 annual record of $202bn and putting the total on track to exceed $230bn."

...

While the overall trade deficit dipped overall 1% due to the sale of commerical planes, and less importing of oil.

Our deficit with China reached new records.

...

http://www.washingtonpost.com/wp-dyn/content/article/2007/01/10/AR2007011000499.html

Trade Deficit Dips by 1 Percent in Nov.

By MARTIN CRUTSINGER
The Associated Press
Wednesday, January 10, 2007; 3:29 PM

WASHINGTON -- The trade deficit fell for a third straight month as the U.S. bill for foreign oil declined to the lowest level in 16 months and American exports hit an all-time high.

The deficit for November declined by 1 percent to $58.2 billion, the lowest since July 2005, the Commerce Department reported Wednesday. The trade gap hadn't fallen for three consecutive months since early 2003.

....

"America's trade problems with China will never be solved unless the U.S. government and Congress demonstrate to the Chinese that China's unlimited access to the U.S. market will not remain open unless China changes its way," said Auggie Tantillo, executive director of the American Manufacturing Trade Action Coalition, a textile company lobbying group.

The overall deficit for 2006 is running at an annual rate of $765.4 billion, putting the country on track to see a record imbalance for the fifth consecutive year. The deficit for all of 2005 was $716.7 billion.

While American consumers benefit from cheaper goods imported from abroad, critics contend that the deficit represents the loss of manufacturing jobs to foreign nations that compete unfairly against American workers.

Since President Bush took office in 2001, the country has seen one in five manufacturing jobs disappear, a total of 2.96 million lost jobs with U.S. automakers and textile companies particularly hardhit."

Tom
01-10-2007, 07:14 PM
So the demgress should be addressing this - a real issue, and forget about the min wage, which is all hype.

After how many hours do the dems statr tackling real problem?

* Before election - implement ALL 9-11 comission's recommendations
* After elections, implement some of the, just the ones that won't hurt the dems

* Before election - a working congress, full 5 day weeks.
* After election - first week, can't work today, there is a football game on...at 8:30 tonight!

* Before election - No more freezing the miority party out - full, open debates on all votes
*After election - repubs not allowed to participate for "now."


Hehehehe.........Here we go....the dems is true to thier word! :lol::lol::lol:

skate
01-11-2007, 08:17 PM
good old Secism; keeps building the box, instead of stepping outside.


Chinas "Macro Imbalance" has many drawbacks. new money leads to rise in inflation, bubbles stock and property and poor investments by business.

our GDP is about ten times higher than Chinas.

to keep it that way, we go into debt.
and since Sec, prefers to quote Economist instead of listening to 'the skate'. take heed;
from Hank Markowitz (he has the SET of all Portfolios on Risk Levels) Mark... says "No expected return can be gained without increasing the RISK/Debt"

baa baa bbaaa bingo!

get outside the frig....n box
say the Skate

gots to watch my spellding