tag:blogger.com,1999:blog-4405102889755809982.post5176445137892794146..comments2023-08-13T03:45:35.162-04:00Comments on Shock and Awe: Is America Dead?Teeluckhttp://www.blogger.com/profile/07436834652576541130noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-4405102889755809982.post-40265005564852746402010-11-29T16:07:18.191-05:002010-11-29T16:07:18.191-05:00You are so right Tim !!You are so right Tim !!Teeluckhttps://www.blogger.com/profile/07436834652576541130noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-36614656085870297172010-11-27T07:44:47.120-05:002010-11-27T07:44:47.120-05:00Teeluck, I've been calling for a tariff since ...Teeluck, I've been calling for a tariff since the 70s. It never seemed a good idea until now with a lot of folks. Mostly cause they thought like that guy on here. You know,absurd. We can't compete as it is now because the playing field is not the same.<br />Corporations are omnipotent. The stats reveal their power. Hell they even have the Supreme Court in their pockets. It might be to late for this country. Just wait till April when the debt ceiling is voted on. Obama is Harvey Milktoast.<br />Wrong person for the job.Timhttp://timsscaredstiff.comnoreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-88527088368104935832010-11-26T12:00:01.349-05:002010-11-26T12:00:01.349-05:00Will, LOL you crazy prognosticator you!! A man far...Will, LOL you crazy prognosticator you!! A man far ahead of his time :)Teeluckhttps://www.blogger.com/profile/07436834652576541130noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-67318112671885058562010-11-24T18:24:25.679-05:002010-11-24T18:24:25.679-05:00Tee, two and a half years ago (during the '08 ...Tee, two and a half years ago (during the '08 campaign), I once referred to Mr. Obama as "Bush lite" (and to Mr. McCain as "Bush on steroids"). My God, I though that the left was going to lynch me. Now, granted, I was referring more to foreign policy than to than I was to domestic but, still, not too bad a prognostication, huh?Will "take no prisoners" Harthttps://www.blogger.com/profile/02315659209094683602noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-81774516919065844832010-11-23T23:14:52.000-05:002010-11-23T23:14:52.000-05:00Cloudia, welcome, it is wonderful to have you here...Cloudia, welcome, it is wonderful to have you here. I totally agree with you, He is trying to do so much with his hands tied because of many "saboteurs" in the Republican ranks.Teeluckhttps://www.blogger.com/profile/07436834652576541130noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-51823248814757404122010-11-23T23:11:19.875-05:002010-11-23T23:11:19.875-05:00Tao, Thank you very much for the link, I really wa...Tao, Thank you very much for the link, I really want to delve a bit deeper into this issue and this info is very helpful.Teeluckhttps://www.blogger.com/profile/07436834652576541130noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-11657699809535271132010-11-23T23:07:03.634-05:002010-11-23T23:07:03.634-05:00Tom Degan, great to see you! I took your advice an...Tom Degan, great to see you! I took your advice and changed it up a bit...I like it! Thanks :)Teeluckhttps://www.blogger.com/profile/07436834652576541130noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-70848122616174571622010-11-23T23:06:03.313-05:002010-11-23T23:06:03.313-05:00Oso Thanks for dropping by, that article you wrote...Oso Thanks for dropping by, that article you wrote about the Buffalo Calf Road Woman is awesome! Great Writing!Teeluckhttps://www.blogger.com/profile/07436834652576541130noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-75213852697088238042010-11-23T21:28:26.829-05:002010-11-23T21:28:26.829-05:00Why are the corporations and wall street punishing...Why are the corporations and wall street punishing him with high unemployment then? <br /><br />I think Barack is trying to serve the middle class. But the structural problems are overwhelming.<br /><br /> Aloha from Waikiki <br /><br /><a href="http://comfortspiral.blogspot.com/" rel="nofollow">Comfort Spiral</a><br /><br />><}}(°>Cloudiahttps://www.blogger.com/profile/05853753108637831069noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-10667280097858054442010-11-23T19:42:41.761-05:002010-11-23T19:42:41.761-05:00http://www.fastcompany.com/magazine/77/walmart.htm...http://www.fastcompany.com/magazine/77/walmart.html<br /><br />There is a link on everything you need to know about Walmart and Steve Dobbins at Carolina Mills is a personal friend...TAOhttps://www.blogger.com/profile/11452702225885449029noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-70347174501062933792010-11-23T17:58:43.583-05:002010-11-23T17:58:43.583-05:00"He has to make Wall st work for Main st, by ..."He has to make Wall st work for Main st, by our instruction."<br /><br />As Franklin Roosevelt once told a constituent who was complaining about the administrations slowness on a particular, pressing matte, "Make me do it.<br /><br />Great site you have here! Might I offer a little, humble suggestion on my part? You ought to make the font a little bolder. The longer articles can be a bit of a strain on the eyes.<br /><br />All the best and happy Thanksgiving, everyone!<br /><br />Tom DeganTom Deganhttps://www.blogger.com/profile/17911175264811957550noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-611111283469872042010-11-23T13:08:04.016-05:002010-11-23T13:08:04.016-05:00Hi Tee,
good rebuttals by you and Tao to dmarks st...Hi Tee,<br />good rebuttals by you and Tao to dmarks stupid fox news talking points.No matter how often you respond with (for example)BEA graphs showing GDP and yearly percentage +/- and IRS tax charts PROVING high end marginal rates provide growth while low rates lead to bubbles,people like dmarks will insist that a combination of market efficiency and corporate altruism will cause wealthy people to magnanimously create jobs.No matter we are in a balance sheet recession with overcapacity in both supply and demand (unemployment),cut taxes and a sort of Santa Claus effect will cause the wealthy to begin hiring.<br />Thanks for reading my Buffalo Calf Road Woman post bro, and for mentioning it.Osohttps://www.blogger.com/profile/09513535195785731541noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-66767923772352944002010-11-23T10:50:03.228-05:002010-11-23T10:50:03.228-05:00Here is some more...
So you return something that...Here is some more...<br /><br />So you return something that you bought? Walmart does not eat the cost because they charge the return to the vendor.<br /><br />Get an advertisement in the mail from Walmart? Walmart did not pay for that because the cost is paid for by each and every vendor that has product listed in the advertisement.<br /><br />Then the vendor has to give Walmart a promotional budget which they can use anyway they want to....or not use if they so desire (but they get it anyway).<br /><br />Yes, yes, the cost of doing business....<br /><br />Then you look at Walmart's profit and or same store sales and you wonder why they are not doing better than what they are...<br /><br />Walmart could actually not sell a thing in a month and still make a profit.TAOhttps://www.blogger.com/profile/11452702225885449029noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-86144123188564591112010-11-22T19:18:09.761-05:002010-11-22T19:18:09.761-05:00TAO, That blows my mind! They are really low in th...TAO, That blows my mind! They are really low in their dealings with Manufacturers. In essence they are actually stifling the Job Market by squeezing the life blood out of the Suppliers...<br />Great info Tao, Thank you very much!!!Teeluckhttps://www.blogger.com/profile/07436834652576541130noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-2382943519160912872010-11-21T22:48:48.195-05:002010-11-21T22:48:48.195-05:00First off, the Japanese and or Korean Car that Dma...First off, the Japanese and or Korean Car that Dmarks would buy in the United States would have been made in the United States: They would not be imports and thus would not fall prey to a tariff or a "morality" tax.<br /><br />Second of all, neither one of you have ever done bueiness with Walmart and I have, so let me educate you on how that works...<br /><br />Now, I did not go to Walmart they came to me...<br /><br />They ask you to make them something and they then order X units at Y price. They then have standards on every little thing, including labels on the boxes, where the labels are to be placed and on how your invoice must look like.<br /><br />You jump through the hoops and begin shipping to them. Now, they do not take everything at once but basically they spread the units shipped out. So you complete their goods and you warehouse them. Once they get to the point where they have taken 50% of what they ordered then they start hitting you with chargebacks and markdowns....you fight them and get all your money then they will refuse to take the last 25% of their order....unless you give them a price reduction.<br /><br />Walmart does not lose money on a thing...they pass any price reductions on to the manufacturers and basically you are paid on consignment and only after they have ensured themselves a profit.<br /><br />I took a $5 million dollar PO from them back in 1997 and it took them 5 months to get down to the 25% balance level. That is 5 additional months on top of the 2 months that it took me to make the goods where I sat with my money tied up in their inventory.<br /><br />Then they hit me up, since I factored their invoices, with a million dollar chargeback...which basically meant that they took a million dollars of my money and used it to pay other vendors who also used the same factor I did. I loaned Walmart a million dollars for 6 weeks.<br /><br />When it was all said and done I ended up eating 75,000 shirts, which they refused to take because I would not cut the price by 75% and including the cost of those shirts I walked away making $167,000 profit on a 5 million dollar PO...<br /><br />No one makes money selling to Walmart...all you do is make cash flow, if you are lucky and there is a big difference between making money and cash flow.<br /><br />The only reason major manufacturers banded together to save Kmart back a few years ago was because they did not want Walmart to be the only major discount retailer...<br /><br />Walmart still calls me about once every 18 months....and I tell them the same thing everytime....go screw yourselves!<br /><br />Oh, and the stuff at Walmart is inferior...the item I made for Walmart, which did not have my label in it was inferior to what I normally make. If I sell my labelled product for 6.50 to other retailers and Walmart wants to pay 4.50 then they get something that costs me less than 4.50 to make and my item at 6.50 costs more than 4.50 to make.<br /><br />Everything for sale in Walmart is made specifically for Walmart....since it has to be cheaper it is cheaper....TAOhttps://www.blogger.com/profile/11452702225885449029noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-18220371026836332010-11-21T22:15:37.550-05:002010-11-21T22:15:37.550-05:00Dmarks says: "That is why there's still a...Dmarks says: "That is why there's still a huge American manufacturing sector"<br /><br />Dmarks...if you study our GDP you will notice that manufacturing makes up 18% of the total value of goods and services that make up the GDP...<br /><br />18% is NOT "huge"TAOhttps://www.blogger.com/profile/11452702225885449029noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-61090155987479515752010-11-21T13:20:38.066-05:002010-11-21T13:20:38.066-05:00Dmarks, you say "Walmart typically sells the ...Dmarks, you say "Walmart typically sells the same American products for a lower price. As for the rest of the stuff, and its quality, you are free to shop somewhere else." Well...Walmart does what all other companies do, they have a sale and lose on some small and insignificant products knowing that while the customer is in the store, they will buy the other things that bring in the high profits. Walmart simply has the thousands of Chinese items in their store that make the bulk of their profits, so they can undersell the American products and lose on them everyday. But this then causes the American manufacturers to close down, because they can't sell under their cost.<br /><br />You say "No, if the price is lower for the same thing, America wins. As for the bank situation, you can thank the overtaxation situation here which forces investors to move money out of the country." Well... These Banks and investors are here for their own interests, not yours, so when they move money offshore, it is to bolster their own pockets and grow larger, not because of any Taxation laws. They have been receiving Bush's Tax breaks for years now, that has not encouraged them to create new jobs nor has it stopped them from moving the money offshore. I remind you, we are in a recession and the Tax cuts for them has not helped us...only them.<br /><br />You said "And yes, American CAN compete and undersell against foreign products. That is why there's still a huge American manufacturing sector." <br />Foreign products have low quality standards, so when they are sold here at Walmart and others at the same price of our high quality products, the companies make a killing, and this helps to stifle the growth of the American Companies who make little or no profits...causing them to close down.<br /><br />What do you suggest we do to solve our economic problems then? It sounds like you have many ideas to help us.Teeluckhttps://www.blogger.com/profile/07436834652576541130noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-54141449556067340362010-11-20T21:52:57.356-05:002010-11-20T21:52:57.356-05:00Walmart typically sells the same American products...Walmart typically sells the same American products for a lower price. As for the rest of the stuff, and its quality, you are free to shop somewhere else.<br /><br />Not sure your point on Japanese cars: the fact remains that they are on average significantly better than American cars. <br /><br />The choice of whether to buy good cars or inferior cars should be left to the people, not the State. The same with all trade decisions: let the people involved make them, not ruling elites who force decisions that are in the interests of the few on any one.<br /><br />"Also when you have a company who manufactures the product in China for 5 cents, then sells it to their own company in Bermuda for 10 cents, who then sells it to their own company in America for 95 cents...who in turn retails it for $1 and pays tax on the 5 cent profit, America loses."<br /><br />No, if the price is lower for the same thing, America wins. As for the bank situation, you can thank the overtaxation situation here which forces investors to move money out of the country.<br /><br />And yes, American CAN compete and undersell against foreign products. That is why there's still a huge American manufacturing sector. Even while the big unions encourage companies to close American factories and locate them in other nations, there are companies, both foreign and domestic, that make new factories in the United States. There are some things we are good at, and some things other nations are good at. Letting the people (not the state) make trade decisions takes this reality into account.dmarkshttps://www.blogger.com/profile/07269773990064736457noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-60240599282446666432010-11-20T17:07:01.943-05:002010-11-20T17:07:01.943-05:00Dmarks, are yo trying to trick me? The only reason...Dmarks, are yo trying to trick me? The only reason the Foreign cars are even at such a good safety standard is because of the Government's standards. When you go to other parts of the Globe and drive the same Japanese vehicle you will see the standard of manufacture is much less, I have.<br />Also when you have a company who manufactures the product in China for 5 cents, then sells it to their own company in Bermuda for 10 cents, who then sells it to their own company in America for 95 cents...who in turn retails it for $1 and pays tax on the 5 cent profit, America loses. That 85 cent profit stays in their offshore bank account tax free, while the American Companies have to close down because their cost to manufacture the product is $1 and they can not compete against and undersell the foreign product...which is usually at a lower quality to the American product...a quick trip to Walmart will facilitate this comparison...<br />How about Chinese Lead paint in your child's toys?Teeluckhttps://www.blogger.com/profile/07436834652576541130noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-41123308986650056462010-11-19T15:17:01.967-05:002010-11-19T15:17:01.967-05:00"then start charging Tariffs on the imported ..."then start charging Tariffs on the imported products, which will leveling the playing field and the jobs will come back to America."<br /><br />That is a draconian and actually fascist idea. No wonder Pat Buchanan is the loudest proponent of it. It takes power from the people and turns it all over to ruling elites.<br /><br />If I want to buy a better car, there's no way in hell the government should punish me with a stupid morality tax. Which is what a tariff is. Forcing the uninformed choices of a few upon everyone.<br /><br />I support your right to refuse to buy better products because they come from other countries. But you should not force it on others.<br /><br />So you think people should be forced to buy American cars, which are even now significantly inferior to Japanese and Korean models. No, I value my informed choices.dmarkshttps://www.blogger.com/profile/07269773990064736457noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-20851432956839680342010-11-19T11:11:18.281-05:002010-11-19T11:11:18.281-05:00libhom, the corporations are the devil with the ap...libhom, the corporations are the devil with the apple...they lobby and cause the politicians to go bad...we have to see the source, to solve the problem.Teeluckhttps://www.blogger.com/profile/07436834652576541130noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-29486004352988909862010-11-18T14:27:02.211-05:002010-11-18T14:27:02.211-05:00The sad thing is that the Clintons and "Keati...The sad thing is that the Clintons and "Keating Five" McCain are even worse.libhomhttps://www.blogger.com/profile/05537213558568338561noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-3971854392420430392010-11-16T19:07:30.022-05:002010-11-16T19:07:30.022-05:00Tee are the "little" people like yoursel...Tee are the "little" people like yourself smarter than those powerful Washington insiders and Wall St bastards?? YES!!! You make it sound so easy, why don't they do these simple measures to bring our country back to prosperity? Because they WANT to kill America??Suehttps://www.blogger.com/profile/18303260031729868857noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-35038304542210160122010-11-16T17:24:09.659-05:002010-11-16T17:24:09.659-05:00Well it seems to be having a few breathing difficu...Well it seems to be having a few breathing difficulties of late old bean...;-)DILLIGAFhttps://www.blogger.com/profile/16520650650468676361noreply@blogger.comtag:blogger.com,1999:blog-4405102889755809982.post-54292358921523219442010-11-16T16:39:23.789-05:002010-11-16T16:39:23.789-05:00America, lamd of the free, is dead. Long live Amer...America, lamd of the free, is dead. Long live America Inc.!Dave Dubyahttps://www.blogger.com/profile/03279370558997246976noreply@blogger.com