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dbapigParticipant
[quote=EmilyHicks]Social issues aside, I am starting to think that China’s current authoritarian economic policy beats that of US economic policy.[/quote]
I personally think it’s not about authoritarian economic policy or free market economic policy. Our problem is the special interest groups. They hold way too much influence over the congress. When our govt wants to pursue a policy, it ends up having to listen to the interest groups (takes time) and makes decisions that are bad for US but good for the special interest groups.
I believe this is ‘required’ somewhat in democracy but it’s too extreme.
China does have extreme corruption problems though.
dbapigParticipant[quote=EmilyHicks]Social issues aside, I am starting to think that China’s current authoritarian economic policy beats that of US economic policy.[/quote]
I personally think it’s not about authoritarian economic policy or free market economic policy. Our problem is the special interest groups. They hold way too much influence over the congress. When our govt wants to pursue a policy, it ends up having to listen to the interest groups (takes time) and makes decisions that are bad for US but good for the special interest groups.
I believe this is ‘required’ somewhat in democracy but it’s too extreme.
China does have extreme corruption problems though.
dbapigParticipant[quote=EmilyHicks]Social issues aside, I am starting to think that China’s current authoritarian economic policy beats that of US economic policy.[/quote]
I personally think it’s not about authoritarian economic policy or free market economic policy. Our problem is the special interest groups. They hold way too much influence over the congress. When our govt wants to pursue a policy, it ends up having to listen to the interest groups (takes time) and makes decisions that are bad for US but good for the special interest groups.
I believe this is ‘required’ somewhat in democracy but it’s too extreme.
China does have extreme corruption problems though.
dbapigParticipant[quote=EmilyHicks]Social issues aside, I am starting to think that China’s current authoritarian economic policy beats that of US economic policy.[/quote]
I personally think it’s not about authoritarian economic policy or free market economic policy. Our problem is the special interest groups. They hold way too much influence over the congress. When our govt wants to pursue a policy, it ends up having to listen to the interest groups (takes time) and makes decisions that are bad for US but good for the special interest groups.
I believe this is ‘required’ somewhat in democracy but it’s too extreme.
China does have extreme corruption problems though.
dbapigParticipantGoogled around for more bullet trains around the world.
South Korea’s current KTX top speed is 305km/h. Research is going on for next model which can travel at top speed of 350km/h, scheduled to be completed in 2014.
http://en.wikipedia.org/wiki/Korea_Train_ExpressJapans’s E5 series (entering service in 2011) top speed at 320km/h
http://en.wikipedia.org/wiki/ShinkansendbapigParticipantGoogled around for more bullet trains around the world.
South Korea’s current KTX top speed is 305km/h. Research is going on for next model which can travel at top speed of 350km/h, scheduled to be completed in 2014.
http://en.wikipedia.org/wiki/Korea_Train_ExpressJapans’s E5 series (entering service in 2011) top speed at 320km/h
http://en.wikipedia.org/wiki/ShinkansendbapigParticipantGoogled around for more bullet trains around the world.
South Korea’s current KTX top speed is 305km/h. Research is going on for next model which can travel at top speed of 350km/h, scheduled to be completed in 2014.
http://en.wikipedia.org/wiki/Korea_Train_ExpressJapans’s E5 series (entering service in 2011) top speed at 320km/h
http://en.wikipedia.org/wiki/ShinkansendbapigParticipantGoogled around for more bullet trains around the world.
South Korea’s current KTX top speed is 305km/h. Research is going on for next model which can travel at top speed of 350km/h, scheduled to be completed in 2014.
http://en.wikipedia.org/wiki/Korea_Train_ExpressJapans’s E5 series (entering service in 2011) top speed at 320km/h
http://en.wikipedia.org/wiki/ShinkansendbapigParticipantGoogled around for more bullet trains around the world.
South Korea’s current KTX top speed is 305km/h. Research is going on for next model which can travel at top speed of 350km/h, scheduled to be completed in 2014.
http://en.wikipedia.org/wiki/Korea_Train_ExpressJapans’s E5 series (entering service in 2011) top speed at 320km/h
http://en.wikipedia.org/wiki/ShinkansendbapigParticipant[quote=davelj][quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=
lol…Senator dodd’s quote:
“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]
“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.
Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.[/quote]
If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…
dbapigParticipant[quote=davelj][quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=
lol…Senator dodd’s quote:
“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]
“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.
Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.[/quote]
If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…
dbapigParticipant[quote=davelj][quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=
lol…Senator dodd’s quote:
“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]
“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.
Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.[/quote]
If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…
dbapigParticipant[quote=davelj][quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=
lol…Senator dodd’s quote:
“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]
“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.
Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.[/quote]
If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…
dbapigParticipant[quote=davelj][quote=flu]http://finance.yahoo.com/news/BofA-halts-foreclosure-sales-apf-977158216.html?x=0&sec=topStories&pos=3&asset=&ccode=
lol…Senator dodd’s quote:
“American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud,” Dodd said. [/quote]
“Their homes”? THEIR homes?! That is rich. These are not THEIR homes – they’re the LENDERS’ homes! A home becomes YOUR home after you’ve paid off the mortgage. Until then, the lender is the senior partner in the arrangement and gets to choose what happens when you break the contract and stop paying. And this clown is on the Senate Banking Committee… no wonder we’re in such deep shit.
Now clearly the servicers haven’t handled this process well at all. And they deserve to lose their asses. But please. THEIR homes? That makes me ill.[/quote]
If you stretch that a bit, US isn’t our nation but other nationss that hold our debt… Just saying…
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