Jump to content

China mighta triedta infiltrate our Federal Reserve

Parliament

By Parliament
in Daily Texan

 Share

Recommended Posts

Orange&White

Orange&White 5516

Posted
Posted
18 minutes ago, Schulz2.0 said:

I think it's pretty bipartisan that China is not our friend.

Then we should be limiting trade in a move towards ending it, and cease to allow their citizens here. 

Everyone just agreeing that "China is bad" but not making any effort to do anything about it is pointless.

  • Hook 'Em 4
Link to comment
Share on other sites
  • Popular Post
Sbbruin

Sbbruin 21690

Posted
  • Popular Post
Posted
4 minutes ago, Orange&White said:

Then we should be limiting trade in a move towards ending it, and cease to allow their citizens here. 

Everyone just agreeing that "China is bad" but not making any effort to do anything about it is pointless.

That's a bit simplistic.  We aren't going to phase out the 2nd largest economy in the world as a trading partner.  In the international community, you sometimes have to dance with the devil.  I do agree we need to be more forceful with them than we have been.

  • Hook 'Em 12
  • Like 1
Link to comment
Share on other sites
NeverMarryAStripper

NeverMarryAStripper 21780

Posted
Posted
41 minutes ago, Orange&White said:

Then we should be limiting trade in a move towards ending it, and cease to allow their citizens here. 

Everyone just agreeing that "China is bad" but not making any effort to do anything about it is pointless.

My DIL moved here from China when she was 12. If they didn't live on college station I might wonder if she's a chicom spy.

Link to comment
Share on other sites
Orange&White

Orange&White 5516

Posted
Posted
2 minutes ago, NeverMarryAStripper said:

My DIL moved here from China when she was 12. If they didn't live on college station I might wonder if she's a chicom spy.

I don't think College Station precludes them.

https://www.justice.gov/opa/pr/nasa-researcher-arrested-false-statements-and-wire-fraud-relation-china-s-talents-program

Link to comment
Share on other sites
YChang

YChang 3425

Posted
Posted
51 minutes ago, Orange&White said:

Then we should be limiting trade in a move towards ending it, and cease to allow their citizens here. 

Everyone just agreeing that "China is bad" but not making any effort to do anything about it is pointless.

Those of that immigrated here awhile back and got our citizenships are ok right? Or you just talking about Chinese people from China. Or are ones from Taiwan, Vietnam or other countries ok? 

  • Hook 'Em 3
Link to comment
Share on other sites
crash_davis

crash_davis 23076

Posted
Posted
38 minutes ago, Sbbruin said:

That's a bit simplistic.  We aren't going to phase out the 2nd largest economy in the world as a trading partner.  In the international community, you sometimes have to dance with the devil.  I do agree we need to be more forceful with them than we have been.

Everyone wants to stop trade with China but when given the choice of spending more for US made goods vs spending less for China made goods, most US consumers go for the less expensive China made stuff. Very cheap labor lowers prices.

Yea, I'm sure everyone has a few examples of buying US made over China made but a few items here and there doesn't mean shit. Most EVERYTHING in hour house is made in China. You wouldn't own all that shit if it weren't made in China.

  • Hook 'Em 2
  • Like 1
Link to comment
Share on other sites
Neonmoon

Neonmoon 38127

Posted
Posted
57 minutes ago, crash_davis said:

Everyone wants to stop trade with China but when given the choice of spending more for US made goods vs spending less for China made goods, most US consumers go for the less expensive China made stuff. Very cheap labor lowers prices.

Ding ding ding 

Same with ME and oil. It’s not an easy answer. And most Americans don’t like the alternatives. So everyone complains and blames each other but capitalism gonna capitalism 

  • Hook 'Em 1
Link to comment
Share on other sites
Hermanator

Hermanator 6863

Posted
Posted
5 minutes ago, Neonmoon said:

Ding ding ding 

Same with ME and oil. It’s not an easy answer. And most Americans don’t like the alternatives. So everyone complains and blames each other but capitalism gonna capitalism 

How are you going to put that at the feet of normal Americans who are being paid low waged while their companies are raking in billions? 

Distribute wealth properly and people can afford to pay for higher quality domestic goods

  • Hook 'Em 3
  • Like 1
  • Rage+1 1
Link to comment
Share on other sites
ChickenSandwich

ChickenSandwich 9795

Posted
Posted (edited)
48 minutes ago, Neonmoon said:

Ding ding ding 

Same with ME and oil. It’s not an easy answer. And most Americans don’t like the alternatives. So everyone complains and blames each other but capitalism gonna capitalism 

Move all American company manufacturing to North America and Central America. Give them an economy. Save on pollution with the elimination of shipping from China. 

Edited by ChickenSandwich
  • Hook 'Em 2
  • Like 1
Link to comment
Share on other sites
crash_davis

crash_davis 23076

Posted
Posted (edited)
43 minutes ago, ChickenSandwich said:

Move all American company manufacturing to North America and Central America. Give them an economy. Save on pollution with the elimination of shipping from China. 

Depending on the source, factory workers make about 8-10,000 CNY per month. They work 10-12 hour days and 5-7 days a week. They don't get paid hourly. Hourly pay is probably $3-4 USD/hour, prob lower. Many workers "live" at the factories. They also have health care paid for by the gubment. 

Comparable manufacturing in the US averages to $15 an hour. Even at that rate, most US factories cannot find employees. US workers have to pay for rent and health care.

This is a long way of saying products will be priced higher if manufactured in the US. Those same US companies will have a hard time competing globally against companies who manufacture in cheap labor China. Hell, they'll have a hard time competing against other US companies manufacturing in China.

It's not that easy.

Edited by crash_davis
  • Hook 'Em 1
Link to comment
Share on other sites
ChickenSandwich

ChickenSandwich 9795

Posted
Posted
14 minutes ago, crash_davis said:

Depending on the source, factory workers make about 8-10,000 CNY per month. They work 10-12 hour days and 5-7 days a week. They don't get paid hourly. Hourly pay is probably $3-4 USD/hour, prob lower. Many workers "live" at the factories. They also have health care paid for by the gubment. 

Comparable manufacturing in the US averages to $15 an hour. Even at that rate, most US factories cannot find employees. US workers have to pay for rent and health care.

This is a long way of saying products will be priced higher if manufactured in the US. Those same US companies will have a hard time competing globally against companies who manufacture in cheap labor China. Hell, they'll have a hard time competing against other US companies manufacturing in China.

It's not that easy.

But probably much more comparable for Honduras, Mexico and other Central American countries. (Ie not the US)

Link to comment
Share on other sites
Neonmoon

Neonmoon 38127

Posted
Posted
3 hours ago, Hermanator said:

How are you going to put that at the feet of normal Americans who are being paid low waged while their companies are raking in billions? 

Distribute wealth properly and people can afford to pay for higher quality domestic goods

Normal Americans vote for the politicians that are bought by corporations that rake in billions. The only people stopping change are the people themselves. 

  • Hook 'Em 1
Link to comment
Share on other sites
Hermanator

Hermanator 6863

Posted
Posted (edited)
1 hour ago, Neonmoon said:

Normal Americans vote for the politicians that are bought by corporations that rake in billions. The only people stopping change are the people themselves. 

No matter which party they vote for that doesn't change a whole lot historically. Both parties are paid off to keep the wealthy getting wealthier it's just one of the parties has taken the greed and cranked it to 11.

Edited by Hermanator
Link to comment
Share on other sites
Chopper

Chopper 17055

Posted
Posted
9 hours ago, Orange&White said:

Then we should be limiting trade in a move towards ending it, and cease to allow their citizens here. 

Everyone just agreeing that "China is bad" but not making any effort to do anything about it is pointless.

Legislation is about to clear the Senate to bring semiconductor manufacturing back to the US. Not trying to CR this but it was one of the things Biden ran on.

Quote

After more than a year of negotiations, Congress is on the cusp of passing a bill to alleviate the chip shortage and shore up U.S. competitiveness with China — in part by giving $50 billion to the semiconductor industry.

The Senate voted 64-32 on Tuesday to end debate on the so-called “CHIPS+” bill. This key step, which required 60 votes, now sets the stage for final passage in the coming days.

As the key procedural step got underway, Senate Majority Leader Chuck Schumer (D-NY) said the effort will help "one of the most important struggles of this century."

 

  • Like 2
Link to comment
Share on other sites
gmr548

gmr548 16427

Posted
Posted
Then we should be limiting trade in a move towards ending it, and cease to allow their citizens here. 
Everyone just agreeing that "China is bad" but not making any effort to do anything about it is pointless.

This is a remarkably simplistic take. Are you 12?
Link to comment
Share on other sites
gmr548

gmr548 16427

Posted
Posted
Then we should be limiting trade in a move towards ending it, and cease to allow their citizens here. 
Everyone just agreeing that "China is bad" but not making any effort to do anything about it is pointless.

This is a remarkably simplistic take. Are you 12?
Link to comment
Share on other sites
Orange&White

Orange&White 5516

Posted
Posted
40 minutes ago, gmr548 said:


This is a remarkably simplistic take. Are you 12?

 

40 minutes ago, gmr548 said:


This is a remarkably simplistic take. Are you 12?

You expect a lot from a one line response on a message board for of assholes. Are you a cunt?

You expect a lot from a one line response on a message board for of assholes. Are you a cunt?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing


Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business and Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Subscribe!... Donate!... Advertise... COOKIE MONSTER!

×
×
  • Create New...