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FBI Get Involved In US-China Trade Wars

Tyler Durden's picture




 

With minutes left until the output of the =RAND() cell better known as China GDP is announced to the world, the US has decided not to wait and take matters into its own hands. Just as an FYI to all countries out there, this is how you escalate a simmering trade war right into the next level:

FBI probes Chinese telecom giant ZTE over alleged sale of U.S. technology to Iran - RTRS

You mean to say that those same Chinese who have had bilateral, USD-bypassing relations, with Iran, and who got a direct exemption from the Iran oil export embargo from Hillary herself, have been playing by their own rules? You have to be kidding. And now what: the US will sell the $1.2 trillion in Chinese debt is owns? Oh wait...

"You asked for miracles, Theo, I give you the FBI"

            - Hans Gruber, Die Hard

 

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Thu, 07/12/2012 - 19:53 | 2611470 LetThemEatRand
LetThemEatRand's picture

And Iran, Iran so far away.... I couldn't get away.

Thu, 07/12/2012 - 19:55 | 2611474 Silver Bug
Silver Bug's picture

Here come the economic Hit Men.

 

http://goldsilvernews.blogspot.ca/

Fri, 07/13/2012 - 04:57 | 2612086 Peter Pan
Peter Pan's picture

I think if the USA is serious about labelling China as a currency manipulator she should refuse to sell any more treasuries to China just to teach them a lesson.

There. Fixed it for you.

On a more serious note, the USA awoke the sleeping giant thinking they would forever be able to sell them high tech products etc and that China would be some stupid backwater with a billion mouths waiting for the USA to fill them.

Well when trade, debt and politics are not moving in a some form of balanced synchrony, guess what happens.

Fri, 07/13/2012 - 06:52 | 2612122 Karl von Bahnhof
Karl von Bahnhof's picture

Gunboat policy?

Thu, 07/12/2012 - 20:24 | 2611553 Freewheelin Franklin
Freewheelin Franklin's picture

I hate that band, but I love that song.

 

The singer reminds me of the guy in Eraser Head

Fri, 07/13/2012 - 01:10 | 2611970 Manthong
Manthong's picture

Speaking of Iran and birds..

“Turkey has exchanged nearly 60 tons of gold for several million tons of Iranian crude oil, despite its promises to uphold Western sanctions on Iran’s energy sector, according to recent Turkish reports.

By using gold instead of money, Turkey is able to skirt Western sanctions on Iran’s oil trade, particularly those pertaining to SWIFT, the global money transfer service that until recently assisted the Central Bank of Iran and other Iranian financial institutions.”

http://freebeacon.com/gold-for-oil/

It’s a good thing gold isn’t money or else Iran might be able to gain some kind of economic advantage and thwart Obama’s sanctions.

Thu, 07/12/2012 - 20:26 | 2611564 LetThemEatRand
LetThemEatRand's picture

I think the primary love interest in the video may be a young Blythe Masters.   There is lots of silver [appearing] stuff all around her.

Thu, 07/12/2012 - 20:21 | 2611551 1000pips
1000pips's picture

Let's NUKE CHINA NOW AND GET THIS BITCH OVER WITH...

Thu, 07/12/2012 - 20:35 | 2611589 tmosley
tmosley's picture

Please wait until I have finished relocating out of the way.

Thu, 07/12/2012 - 21:26 | 2611678 DeadFred
DeadFred's picture

Alpha Centauri?

Thu, 07/12/2012 - 21:33 | 2611692 HungrySeagull
HungrySeagull's picture

it's what for dinner.

Oh wait...

Thu, 07/12/2012 - 20:30 | 2611578 Buck Johnson
Buck Johnson's picture

By them doing this maybe they are saying without saying it that make up the numbers to positive and we won't investigate.  Because China's GDP is going to weigh on the market all day.

Thu, 07/12/2012 - 20:53 | 2611616 MountainMan
MountainMan's picture

http://www.youtube.com/watch?v=K2x3XjhR_D8&feature=related

The good old days, when markets were markets.

 

Thu, 07/12/2012 - 21:12 | 2611651 sullymandias
sullymandias's picture

the goggles on that guitarist are gargantuan

Fri, 07/13/2012 - 00:07 | 2611904 jonjon831983
jonjon831983's picture

Hah... two birds with one stone... now they learn efficiency.

 

this is terrible.

Thu, 07/12/2012 - 19:54 | 2611473 francis_sawyer
francis_sawyer's picture

You mean they didn't put agent 'Starling' on this?

Thu, 07/12/2012 - 20:03 | 2611500 UP Forester
UP Forester's picture

More like Corky Romano....

Thu, 07/12/2012 - 20:06 | 2611511 Ineverslice
Ineverslice's picture

...you think you can dissect me with this blunt tool Agent Starling? You know what u are, ur a rube.

Thu, 07/12/2012 - 19:57 | 2611481 reader2010
reader2010's picture

Let the fucking WWIII begin!

Thu, 07/12/2012 - 20:08 | 2611521 BandGap
BandGap's picture

No, there is much more posturing before the match begins. We have to get another report that Russia has landed more amphibious troops to help "advise' Syrian troops battling the insurgency....

These things take time.....

 

Thu, 07/12/2012 - 20:47 | 2611607 MrSteve
MrSteve's picture

The Feds will assume the position and indict some bean-filled dumpling and then file stats proclaiming "case closed". Obviously, some of the 16,000 new IRS agents will help take notes and clarify the situation. We are protected!

Thu, 07/12/2012 - 21:32 | 2611689 DeadFred
DeadFred's picture

US sending troops to Australia, and the Phillipines, Germany sending tanks to Indonesia, fair amount of posturing already done. Still, you're right it will take a bit of time.

Thu, 07/12/2012 - 22:38 | 2611784 TheFourthStooge-ing
TheFourthStooge-ing's picture

DeadFredSed:

Still, you're right it will take a bit of time.

Exactly. It's all an elaborately choreographed stage show. The pompous political strutting and preening will steadily build to a pre-election peacock parade crescendo.

Thu, 07/12/2012 - 21:34 | 2611695 HungrySeagull
HungrySeagull's picture

Whoopie.

I am pretty sure the Ruskies are tough.

They would not last 20 minutes in this heat.

Thu, 07/12/2012 - 19:58 | 2611488 I am Jobe
I am Jobe's picture

Get this shit over with while Pentagon uses Chinese switches. Give me a break . Useless Garbage and pursuit just in time for more Dog and Pony fucking show.

Thu, 07/12/2012 - 21:55 | 2611727 knukles
knukles's picture

Can you say bbckdoor shut off switches?
I knew you could.

 

How about scalar warfare?
That, too!

Thu, 07/12/2012 - 21:57 | 2611736 nmewn
nmewn's picture

There's an app for that!!!

Fri, 07/13/2012 - 00:29 | 2611929 semperfi
semperfi's picture

Hopefully we've stalemated the Ruskie's QP's & CSR's by now otherwise it could be a very quick total wipeout.

Fri, 07/13/2012 - 01:09 | 2611961 palmereldritch
palmereldritch's picture

Nobody could do a potential Red Dawn better than Bankster globalists based in the PRC!  That said, I think cooler heads within the Chinese government are beginning to see the bigger picture and the threat from within that serves the forces from without...

Thu, 07/12/2012 - 20:00 | 2611492 kill switch
kill switch's picture

Trade wars?

 

China Blocks US-UK Attack On Euro

The Anglo-American hedge fund attack, as we have documented here, employed credit default swaps as the primary weapon against Greek, Portuguese, and Spanish government bonds. The failure of London and New York to induce a panic flight out of the euro during the May-June timeframe was partly results of the German self-defense measures, involving bans on naked credit default swaps and bans on naked shorting of German equities. In addition to this, Chinese support for the euro has played a decisive role.

There is every indication that the Chinese made a decision not to allow the destruction of the euro during the late spring and early summer. That decision was technical, commercial, and political at the same time. The technical part was the China sought to re-balance the basket of currencies it uses to maintain the international stability of the renminbi. As the euro looms larger in Chinese trade, purchases of euros and Eurobonds are in order. It is also worth pointing out that the Chinese have not delivered on their promise to radically raise the international value of the renminbi, as hysterically demanded by Tiny Tim Geithner and others.

The commercial and political sides of Chinese support for the euro were reflected in the June visit of the Chinese vice prime minister to Greece, notably to the port of Piraeus. This Chinese envoy signed more than a dozen important economic cooperation deals, including shipping and shipbuilding, telecom, and container ports. The deputy Greek finance minister, Theodoros Pangalos, was quoted as saying: “The Chinese want a gateway into Europe. They are not like these Wall Street [blankety-blanks], pushing financial investments on paper. The Chinese deal in real things, in merchandise. And they will help the real economy in Greece.”1 The emphasis on the production of tangible physical commodities by the Chinese, in contrast to Wall Street’s reliance on a mass of toxic and kited derivatives, points to the real basis of Chinese economic ascendancy. If the Chinese are wise, they will not go overboard with short-term greed, but rather be ready for generous concessions to the Greek labor movement, so as to get the unions on their side. In any case, these euro-denominated Greek purchases are one obvious reason why Beijing is holding fewer greenbacks and more euros.

Will Hungary, Ireland, or Budget Austerity Sink The Euro?

The Anglo Americans are still beside themselves with rage and consternation over the fact that their original attack on the euro has not worked. But since about the middle of August, the euro has fallen from over $1.30 to about $1.26 or thereabouts. Part of this is due to the decline of the New York Stock market, given the long-standing dollar-Dow trade-off. Another negative factor for the euro is doubtless the cruel and stupid deflationary policies introduced by many EU governments in a craven attempt to ward off further speculative attacks. In a depression, government spending is the main thing that supports the entire economy, so cutting the government budget is a recipe for economic disaster, as some EU countries are now being reminded. Another factor is simply the month of August, when Catholic Europe, including France, Italy, Spain, and Bavaria, tends to shut down.

Where Will The Next Panic Break Out?

The world is now in a time of mixed signals and cross-currents. The forces of depression, in the form of $1.5 quadrillion of toxic and kited derivatives, are most emphatically still lurking, and since they have not been shredded, canceled, deleted, outlawed or abrogated, they will soon find a way to explode once again. Serious financial observers are now waiting to see where the next currency or banking panic will come. Over the last day or two, there have been reports of heavy selling of the Hungarian forint, which is inside the EU but not part of Euroland. Late on August 24, Standard & Poor’s announced a major downgrade of Irish debt, switching to a negative outlook. If the panic comes in Hungary or Ireland, then the euro could indeed go down. CNBC traders, in response to the question of how to make money off the crisis of the Hungarian currency, immediately replied that the way to do that was to short the stocks of Austrian banks, who hold much Hungarian debt. From here, the crisis would move on to Germany, and soon the entire continent would be back in the soup. The British pound sterling also has massive vulnerabilities to being the next monetary unit to crash.

But the most likely victim remains Wall Street itself. A glance at the stock chart of Bank of America over the past three months shows what any technical analyst would regard as a very ugly picture. There are rumblings that Citibank may be heading towards liquidity trouble in September and October. For those who like to read the tea leaves, CNBC’s Jim Cramer today responded to a question about Citigroup by emphatically declaiming “Stick with Citi,” and “Stick with Pandit.” Citigroup, he affirmed, remained his “favorite speculation.” For contrarians who have learned something over the past two years, this may already be enough to head for the hills. In any case, if the banking panic breaks out in New York, then the dollar may turn out to be the victim.

Bernanke and QE2

Today also brought the publication of the August 10 minutes of the Federal Reserve’s Open Market Committee. These minutes reveal a serious split in the management committee of the US financier oligarchy. Bernanke and his majority are afraid of deflation, and want a new round of quantitative easing – already dubbed QE2 by the Street. But there is also a significant Austro-monetarist reactionary minority who regard inflation as the greater evil, and to whom a deflationary crash would not be unwelcome, as libertarian rantings over many decades have made plain. These tensions may well be on display at the Federal Reserve’s annual conference at Jackson Hole, Wyoming at the end of this week.

Another CNBC analyst has ventured to predict a ragged decline of the Dow to about 5,000 over the months ahead. If that begins to happen, then the danger of deflation will be enhanced, and in such a scenario the dollar would actually tend to increase in value compared to other currencies. On the other hand, Helicopter Ben Bernanke’s trademark is his strategy for flooding the system with bailouts and other liquidity if deflation looms. Bernanke is the captain of that ship of fools known as the QE2. The one certainty is that there is no recovery, and that the second wave of a world economic depression dominates the world.

Thu, 07/12/2012 - 21:35 | 2611698 robertocarlos
robertocarlos's picture

Who was the poster from a year or more ago who kept repeating we were in a deflationary spiral? He had a couple of believers. His pushing on a string argument was good. Of course you wouldn't have made any money following his advice. Depression and WWIII aren't exactly the best things since sliced bread. 

Thu, 07/12/2012 - 23:02 | 2611814 mjk0259
mjk0259's picture

Interesting, where did you get this from?

Thu, 07/12/2012 - 23:17 | 2611846 Jena
Jena's picture

http://tarpley.net/2010/08/25/china-buys-euros/  Webster G. Tarpley

TARPLEY.net
August 25, 2010

Fri, 07/13/2012 - 01:14 | 2611976 palmereldritch
palmereldritch's picture

Thanks for providing the proper and just credit.

Thu, 07/12/2012 - 23:50 | 2611869 matrix2012
matrix2012's picture

Interesting refreshment about the Trans-Atlantic coordinated aggressions to loot Europe.

It again reaffirms that the City of London is the central nexus of the Trans-Atlantic ploys.

The full article is posted at Webster G. Tarpley's site: http://tarpley.net/

* he he he... Jena just took away the fun :D

 

Another very interesting topic will be the extreme secrecies within the Trans Pacific Partnerships (TPP), learn about its secretive deals and the reigning positions of those Rottens-controlled giant corporations, basically NWO structure erection in progress  ... but that's in another time maybe :)

 

-----------

    “The Nomadic Parasites will shift out of London and into Manhattan. And this will be presented under a camouflage of national slogans. It will be represented as an American victory. It will not be an American victory.

 

    Until you know who has lent what to whom, you know nothing whatever of politics, you know nothing whatever of history, you know nothing of international wrangles.” — Ezra Pound (1885–1972)

 

“The monopoly of money, or the restriction of its circulation, is merely a variation of this simple form of monopoly. That is all. The stupid fall into the trap. Wars are provoked in succession, deliberately, by the great usurers, in order to create debts, to create scarcity, so that they can extort the interest on these debts, so that they can raise the price of money (i.e., the price of the various monetary units controlled by, or in the possession of, the same autocrats), altering the prices of the various monetary units when it suits them, raising and lowering the prices of the various foodstuffs when it suits them, completely indifferent to the human victim, to the accumulated treasures of civilization, to the cultural heritage.” — Ezra Pound (1885–1972)

 

Fri, 07/13/2012 - 00:22 | 2611921 DaveyJones
DaveyJones's picture

Ezra was a genius writer

Fri, 07/13/2012 - 01:20 | 2611982 palmereldritch
palmereldritch's picture

kill switch: -1 for total lack of attribution.  As per observed below.

If you wrote that article, wouldn't you want credit?

Fri, 07/13/2012 - 01:23 | 2611989 jonjon831983
jonjon831983's picture

Neat.

 

Though what I read in one part is: Help real economy of Greece == change your source of vendor financing from Germany to China?

Fri, 07/13/2012 - 06:35 | 2612110 New American Re...
New American Revolution's picture

Astute observations Kill Switch, kudos my man.

Thu, 07/12/2012 - 20:01 | 2611493 kito
kito's picture

remember people............only the UNITED STATES GOVERNMENT can create its own rules.........the rest MUST FOLLOW......................

Fri, 07/13/2012 - 00:06 | 2611909 Cast Iron Skillet
Cast Iron Skillet's picture

Yeah! ... the U.S. Government ... the GOOD GUYS!

Fri, 07/13/2012 - 04:10 | 2612075 Joe A
Joe A's picture

Until of course the hegemony of the petro-dollar ends.

(edit: was meant as reply to Kito)

Thu, 07/12/2012 - 20:01 | 2611494 sitenine
sitenine's picture

Maybe the FBI should not focus less on what Iran has and a little more on what bankers are stealing from us. Just a thought.

Thu, 07/12/2012 - 20:23 | 2611556 francis_sawyer
francis_sawyer's picture

They'll put their best man... Holder... on it...

Thu, 07/12/2012 - 21:14 | 2611655 sullymandias
sullymandias's picture

yeah and Gary Gensler too

Thu, 07/12/2012 - 22:50 | 2611799 TheFourthStooge-ing
TheFourthStooge-ing's picture

Might as well prop up the exhumed corpse of J. Edgar Hoover in a schoolgirl outfit while they're at it.

Thu, 07/12/2012 - 23:13 | 2611835 sumo
sumo's picture

Make that a schoolboy outfit. Hoover had certain ... preferences.

 

Thu, 07/12/2012 - 23:28 | 2611859 Offthebeach
Offthebeach's picture

AC/DC outfit.

Thu, 07/12/2012 - 23:46 | 2611879 matrix2012
matrix2012's picture

>> SiteNine: "Maybe the FBI should not focus less on what Iran has and a little more on what bankers are stealing from us. Just a thought."

 

DARE YOU BITE THE HANDS THAT FEED YOU? LOL

 

-------

“When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it.” — Frédéric Bastiat (1801-1850)

Thu, 07/12/2012 - 20:01 | 2611495 Rainman
Rainman's picture

I expect nothing less from this amateur oval office regime...spit in your big creditor's face. btw, Chinese could give a shit about our FBI.

Thu, 07/12/2012 - 20:38 | 2611594 john39
john39's picture

almost as if another giant distraction is needed to cover for banker theft.... hmm, hey wait a minute...

Thu, 07/12/2012 - 21:16 | 2611659 sullymandias
sullymandias's picture

"I know, man, isn't it wild?"

http://www.youtube.com/watch?v=_RzmjzP2GoM

Thu, 07/12/2012 - 20:02 | 2611496 fonzannoon
fonzannoon's picture

Alan Simpson was on CNBC this am laughing his ass off about China. I think he said something about how the US has an agreement to defend Tiawan against an attack by China, the problem is we just have to borrow the money from China to wage war first.

Thu, 07/12/2012 - 20:06 | 2611516 kito
kito's picture

@fonz....you are watching wayyy too much cnbc............

Thu, 07/12/2012 - 20:10 | 2611527 fonzannoon
fonzannoon's picture

Yeah man it's true. One thing I noticed lately was that within minutes of a post by one of the Tyler's here I hear cnbc doing a bit on the same subject matter and a lot of times using the same graphs.

Eiether way I need a hobby.

Thu, 07/12/2012 - 21:36 | 2611699 HungrySeagull
HungrySeagull's picture

You are working too hard And so is the boob tube.

China will win this fight economically. Just raise good Taiwanese Children to learn Chinese and do business only with China.

Much easier than trying to deal with snobbish and overbearing Americans.

Fri, 07/13/2012 - 00:41 | 2611941 matrix2012
matrix2012's picture

>> HungrySeagull: "...Just raise good Taiwanese Children to learn Chinese and do business only with China."

 

HungrySeagull,

for your knowledge folks at Taiwan island do not need to learn Chinese language, such capability is built into their Chinese blood :D

Btw most of them speak the same dialect as the folks in Fujian as well.

 

-------

“Better to remain silent and be thought a .... <aargh just forget it!>”

Fri, 07/13/2012 - 01:25 | 2611992 jonjon831983
jonjon831983's picture

Uhh... Taiwan essentially speaks Mandarin and its own dialect.

Fri, 07/13/2012 - 14:24 | 2613778 earleflorida
earleflorida's picture

high class Cantonese 

Thu, 07/12/2012 - 23:00 | 2611812 sumo
sumo's picture

ZH is TBTI : Too Badass To Ignore

Thu, 07/12/2012 - 20:02 | 2611497 zero19451945
zero19451945's picture

I'm amazed the Chinese still tolerate this shit. 

Thu, 07/12/2012 - 20:18 | 2611545 Seer
Seer's picture

They know that eventually stink passes away.  The US is going to go super-nova and the Chinese don't need to spend precious energy trying to do something about it.

Thu, 07/12/2012 - 20:26 | 2611565 francis_sawyer
francis_sawyer's picture

+1

The chinks just see this as a perfect opportunity to meticulously siphon off physical gold bullion while Obama, Biden, & Hilary keep everybody back home entertained with their fucking 3 Stooges act...

Thu, 07/12/2012 - 21:54 | 2611729 knukles
knukles's picture

Easy on that criticism, son.

The Three Stooges were funny.

Thu, 07/12/2012 - 22:00 | 2611738 Anusocracy
Anusocracy's picture

Yes, the 'boiling a frog' approach to getting a dominant position in gold.

Fri, 07/13/2012 - 02:24 | 2612039 Tsunami Wave
Tsunami Wave's picture

+1 This sad, pitful act of posturing will only get worse. This sad act of hilarity however gives us a few gifts we might not see for several years, one of which is the chance to keep on buying deep-on-the-cheap silver & gold.

Thu, 07/12/2012 - 23:11 | 2611836 Ropingdown
Ropingdown's picture

I actually find all the "China is the Boss" talk laughable, and for two reasons. First, building up China as a wonderful productive country "on the road to capitalism" was a game played by the Corporate world of finance and manufacturing in order to make their China dealings seem legit to the US public. Watching the anti-Corporates act as though they believe the PR hits me as strange.  Second, if you think that US Treasuries in the Chinese Reserves box can be used as a weapon, I can't see how:  The Treasuries are not in a sovereign wealth fund to be rearranged at will.  A serious dollar-bonds sale would rocket the Yuan.  The US has only to order the containers arriving at LA/Long Beach to stay onboard a few extra months for technical or labor reasons to end that little mess.  And that is just one small item in the US trade arsenal.  The legit worry is a massive Chinese instability caused by a larger slow-down which would crush materials demand, tank Australia and Chile, smash Euro exports, and cause a mix of ills in the US.  And don't forget that the 950 billion in T bonds has a ready buyer: QE3. 

Fri, 07/13/2012 - 00:11 | 2611911 Cast Iron Skillet
Cast Iron Skillet's picture

yeah but ... China has only to order the containers leaving from Shanghai to stay on the dock a few extra months for technical or labor reasons to end that little mess.  And that is just one small item in the Chinese trade arsenal ... no more iThings for Amerika ... remember that the Chinese are the ones with the actual factories & stuff ...

Fri, 07/13/2012 - 06:56 | 2612130 Ace Ventura
Ace Ventura's picture

Not only that, but who runs the port at L.A./Long Beach? And if memory serves, Americans aren't the only ones screaming for iThings.

China has problems for sure, but American leverage over their affairs does not appear to be one of them.

Thu, 07/12/2012 - 20:02 | 2611498 Global Hunter
Global Hunter's picture

Italy downgraded just before, now the FBI and China trade with Iran...things hotting up again?  You know what?  We haven't had a good Olympic boycott for nearly 30 years, perhaps they can pull that old trick out of the hat just in time for London 2012.

Thu, 07/12/2012 - 23:04 | 2611819 sumo
sumo's picture

Nevermind Moscow, certain bad actors might think we're due for a remake of Munich.

Thu, 07/12/2012 - 20:03 | 2611503 spanish inquisition
spanish inquisition's picture

Hmmm.. There would have been no problem if they had just run the paperwork through an Israeli company.

Thu, 07/12/2012 - 20:09 | 2611524 Piranhanoia
Piranhanoia's picture

There is no trade war.  It's doodley talk before they announce China will get a dozen more US companies to send all the jobs there.   Move along. 

Thu, 07/12/2012 - 20:11 | 2611532 Getting Old Sucks
Getting Old Sucks's picture

At what point is the entire nation embarrassed by it's own government?  We are being led by CLOWNS!

Thu, 07/12/2012 - 20:20 | 2611549 Seer
Seer's picture

Shhh!  You're AT the circus, that's where CLOWNS are!

Thu, 07/12/2012 - 20:25 | 2611560 LoneStarHog
LoneStarHog's picture

Pahleeze! I grew up with Clarabell, Bozo, Emmett Kelly, and other great clowns. Don't insult these fine entertainers by comparing them with the absolute sludge and debris that infests all levels of government. Also, the problem is the bipedal idiots in the USSA who call themselves Americans.  The sludge and debris can't lead if no one follows.

Thu, 07/12/2012 - 22:11 | 2611753 Anusocracy
Anusocracy's picture

There you go, insulting sludge and debris.

Thu, 07/12/2012 - 20:28 | 2611568 Dr. Engali
Dr. Engali's picture

What did clowns ever do to you that you would insult them in that manner?

Thu, 07/12/2012 - 20:45 | 2611603 Zero Govt
Zero Govt's picture

the clowns aren't half as funny as politicians that's the problem

they're simply being replaced in the comedy and farce market by the true jokers of society, politicians ....and bankers in fact

Thu, 07/12/2012 - 21:37 | 2611701 HungrySeagull
HungrySeagull's picture

Nuts. I knew running away with that pretty carnie to work the carnivals and circus was a pretty good deal.

Thu, 07/12/2012 - 20:12 | 2611537 overmedicatedun...
overmedicatedundersexed's picture

break my heart to have trade wars ..but maybe then we get some jobs here in the USA..you MF Globalist dick suckers

Thu, 07/12/2012 - 20:26 | 2611566 Seer
Seer's picture

Best to make your own job.

A problem that exists is that people are in debt and everything is over-valued.  Until this gets cleared you're not going to see any significant number in increases in jobs.

Thu, 07/12/2012 - 20:21 | 2611550 nmewn
nmewn's picture

Outrageous!!!...USA Olympic Team leotards made in China?!?!

This means war!!!

Gimme a sec to decide on who ;-)

Thu, 07/12/2012 - 21:49 | 2611725 Lucky Guesst
Lucky Guesst's picture

We should probably stop kidding ourselves. Even if the tag said made in usa the material would have come from another country and the worker would be on a visa.

Thu, 07/12/2012 - 22:18 | 2611759 nmewn
nmewn's picture

Well hell yeah...lol...we're not allowed to stick a shovel in the ground here without going through five bureaucracies for approval first.

In triplicate, of course..

I mean an earthworm could be ccut in half or sumpin...they say we have to have "a plan" for dust that might be kicked up in the planting process...no, I ain't lyin.

Our over zealous "central planners" (whose only appreciation of where food atually comes from is a fucking store shelf) consider "man made dust" some sort of pollutant...never mind high winds, if they could figure out a way to regulate that they would...

http://www.westernfreepress.com/2011/10/28/farmers-in-az-and-around-the-nation-speak-out-on-dust-bill/

Somewhere a starving villager is laughing himself to death ;-)

Thu, 07/12/2012 - 22:24 | 2611770 Anusocracy
Anusocracy's picture

I've always assumed that that meant the tag was made in the usa.

 

In the future it will be 'made by humans' or 'made by robots'. Of course, only the rich will be able to afford the 'made by humans' items.

Thu, 07/12/2012 - 22:57 | 2611806 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

I've always assumed that that meant the tag was made in the usa.

In very small print, the 'Made in USA' tag says 'Made in China'. You need a big magnifying glass or a jeweler's loupe to see it.

Thu, 07/12/2012 - 20:21 | 2611552 ACP
ACP's picture

Nah, China GDP growth is =RAND()+6.

Thu, 07/12/2012 - 20:42 | 2611599 Zero Govt
Zero Govt's picture


FBI Get Involved In US-China Trade Wars

the FBI isn't the first thought i'd come upon to settle a trade dispute ...in fact they're not even on the list!

Thu, 07/12/2012 - 20:48 | 2611610 Atomizer
Atomizer's picture

 

 

Tom Lehrer - Wernher von Braun

Gather round while I sing you of Wernher von Braun,
A man whose allegiance
Is ruled by expedience.
Call him a Nazi, he won't even frown.
"Ha, Nazi Schmazi," says Wernher von Braun.

Don't say that he's hypocritical,
Say rather that he's apolitical.

"Once the rockets are up, who cares where they come down?
That's not my department," says Wernher von Braun.

Some have harsh words for this man of renown,
But some think our attitude
Should be one of gratitude,
Like the widows and cripples in old London town
Who owe their large pensions to Wernher von Braun.

You too may be a big hero,
Once you've learned to count backwards to zero.
"In German oder English I know how to count down,
Und I'm learning Chinese," says Wernher von Braun

 

Sometimes you need to investigate planted news stories. It becomes no less different than Apple, Nokia, Blackberry or Microsoft patient infringement claims. The greasy attorneys are losing ground on the case. Why not launch a propaganda piece on why stuxnet didn’t gather enough Intel on China selling US secrets to Iran. 

China tops US, Japan to Be Top Patent Filer 

December 22, 2011 by TMO

http://muslimmedianetwork.com/mmn/?p=9582

HONG KONG (Reuters) – China became the world’s top patent filer in 2011, surpassing the United States and Japan as it steps up innovation to improve its intellectual property rights track record, a Thomson Reuters research report showed on Wednesday. The report said the world’s second-largest economy aimed to transform from a “made in China” to a “designed in China” market, with the government pushing for innovation in sectors such as automobiles, pharmaceuticals and technology. However, legal experts said China would need to do more before it can lead the world in innovation as the quality of patents needed to improve. The government provided attractive incentives for companies in China to file patent applications, regardless of whether a patent was eventually granted, they said. “The idea of subsidizing patents is not bad in itself, however it is a blunt instrument because you get high figures for filings, but it does not tell you anything about the quality of the patents filed,” said Elliot Papageorgiou, a Partner and Executive at law firm Rouse Legal (China).“One thing is volume, quality is quite another. The return, or the percentage of grants, of the patents is still not as high in China as, say, in the U.S., Japan or some places in Europe,” he said. The Thomson Reuters report said published patent applications from China were expected to total nearly 500,000 in 2015, following by the United States with close to 400,000 and Japan with almost 300,000. Published applications from China’s patent office have risen by an average of 16.7 percent annually from 171,000 in 2006 to nearly 314,000 in 2010, data from Thomson Reuters Derwent World Patents Index showed. During the period, Japan had the highest volume, followed by the United States, China, Korea and Europe, the report said. It did not give figures for 2011. “The striking difference among these regions is China — it is experiencing the most rapid growth and is poised to lead the pack in the very near future,” it said. Of total patents filed in China, the percentage of domestic applications rose to nearly 73 percent in 2010 from less than 52 percent in 2006, indicating that Chinese companies have outpaced foreign entities in the patent boom. In terms of patents overseas, Chinese companies have also been climbing in the rankings, according to data from the World Intellectual Property Office (WIPO). In 2010, China’s No.2 telecommunications equipment maker ZTE Corp was second on the list of applicants, ranking just behind Japan’s Panasonic Corp. U.S. chip maker Qualcomm Inc came in third, while China’s Huawei Technologies Co Ltd, the world’s second-largest telecom gear maker, was fourth, according to WIPO. Chinese companies have been trying to be more innovative as they transform from contract manufacturers to regional and global brand names producing higher end products to improve margins. Patent filings have also increased among Chinese companies due to legal battles that they have had to fight, especially in the telecommunications sector. For instance, Huawei and ZTE have been embroiled in patent disputes over fourth-generation wireless technology. 

(Reporting by Lee Chyen Yee; Editing by Chris Lewis)

Dear Dumb Ass NSA spooks,  If you want to protect your intellectual property, stop selling it to raise monies you don’t have to keep the US afloat. I have the signed Clinton copy of Selling off US intellectual properties if you need it? Lastly, If you really want to keep things tight lipped, just keep our national security defense information next to Obama’s birth certificate and college transcripts. Does this make sense to your lower stranded DNA public employed mouth breather types?

Thu, 07/12/2012 - 21:38 | 2611704 HungrySeagull
HungrySeagull's picture

Much have been invested in ensuring the rocks come down precisely where they should after one lights em off.

Thu, 07/12/2012 - 20:50 | 2611615 PiratePawpaw
PiratePawpaw's picture

Repeat after me....

"The naked man.....errr....Emperor's new robe is wonderful...

The Emperor's robe is wonderful....

The Emperor's robe is wonderful....

*backing out the door*

The Emperor's robe is wonderful....

.......................

Thu, 07/12/2012 - 20:57 | 2611624 El
El's picture

One of these days our government is going to go too far.

Thu, 07/12/2012 - 21:41 | 2611712 DeadFred
DeadFred's picture

One of these days? What rock have you been hiding under?

Thu, 07/12/2012 - 21:00 | 2611631 midgetrannyporn
midgetrannyporn's picture

The FBI is too busy sucking Jamie and Lloyd's apparatus.

Thu, 07/12/2012 - 21:10 | 2611647 MedicalQuack
MedicalQuack's picture

This is really getting to be something we need to pay attention to with who's selling what technology to who.  I did a post today on a TED video from Marc Goodman and it will make you think for sure.  He talks about how the 10 terrorists used technology in the hotel attack a few years ago in Mumbai, gun in one hand and cell phone in the other and also talked about how criminals are creating their own cell network, when we can't get a solid connection in San Francisco, he jokes a little.

"If you control the code, you control the world" he states and look at Wall Street controlling the money and methodologies for investing for another example.  I don't know what it's going to take to wake up our digital illiterates in government to acknowledge this fact.  Robert Scoble a while back did a TED talk and said "the world belongs to the geeks as nobody else wants it" and I'm beginning to start fostering that one too. 

In the video he talks too about the basic code DNA as well, and after you listen to what he says here, it's no wonder Madonna has a DNA clean up crew following her when she's on tour:)  Again the sale of technology to some parts of the world is getting to be very dangerous as you don't know what the bad side might do with it. 

http://ducknetweb.blogspot.com/2012/07/vision-of-crime-in-futureted-vide...

Thu, 07/12/2012 - 21:19 | 2611664 q99x2
q99x2's picture

Chinese markets were up yesterday if that is any indication of today's GDP announcement.

Thu, 07/12/2012 - 21:38 | 2611703 robertocarlos
robertocarlos's picture

I sure hope the Chinese are using Chinese switches. 

Thu, 07/12/2012 - 21:39 | 2611707 HungrySeagull
HungrySeagull's picture

So solly, Bad News.. Bye Bye now.

Thu, 07/12/2012 - 21:56 | 2611734 americanspirit
americanspirit's picture

The Chinese are well aware that they don't have to do anything but watch while America self-destructs and then in they will come to pick up the pieces - land and water is what they are after and we're too stupid to realize that we are in the way of their manifest destiny.

Thu, 07/12/2012 - 22:09 | 2611750 robertocarlos
robertocarlos's picture

Alaska and Hawaii for cancelling the debt. So sorry, this my garden now. I mean you got Hawwaii and Alaska for easy money. Easy come, easy go.

Or go to the mattresses.

Thu, 07/12/2012 - 22:36 | 2611780 stocktivity
stocktivity's picture

...and throw in california as a bonus.

Thu, 07/12/2012 - 23:04 | 2611818 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

...and throw in california as a bonus.

It would be worth it if they had to take Vichy DC as part of the bargain. I don't mean take title to it, but actually cut it out of the banks of the Potomac, load it onto a fleet of barges, and haul it and its occupiers away.

Thu, 07/12/2012 - 22:04 | 2611745 BeansBulletsBandaids
BeansBulletsBandaids's picture

the quarterback is toast..

Thu, 07/12/2012 - 23:36 | 2611870 Conman
Conman's picture

Yipi-kaye motherfucker

Fri, 07/13/2012 - 00:06 | 2611906 earleflorida
earleflorida's picture

This poor iApple is gonna get a nasty bite out of its' core when the Taiwanese foxconn's bust a nut,... while the Japanese shout profanities. Oh, the marvels of IP sharing  and Reverse-Engineering just to pacify a communist landlord dressed up in 'American Capitalism'? Such a profound example of stalwart integrity has this mentor of 'free-marketeering' so impressed,'the skylight of the rising east'!

Fri, 07/13/2012 - 02:14 | 2612032 Hobbleknee
Hobbleknee's picture

Pro tip: Don't outsource secret technology.

Fri, 07/13/2012 - 04:30 | 2612080 TrainWreck1
TrainWreck1's picture

China better straighten up or we'll send SWAT or the TSA or something.

 

 

Fri, 07/13/2012 - 05:26 | 2612096 silverdragon
silverdragon's picture

In Taiwan they speak Mandarin plus the locals speak Taiwanese which is similar to what is spoken in Fujian which is the Chinese province directly opposite, also there is some Kejiahua spoken whcih is the language of the Hakka.

Taiwan is irrelevant now as they are so heavily invested in China.

Their main use now is to collect the latest US military kit and then transfer it to China when they eventually reunite.

Most smart Taiwanese pissed off to the US, Canada, New Zealand, UK and Australia the rest are in China whats left are those that are stuck.

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