Armstrong

"Dennis Brady" wrote in message
om...
The U.S. steel industry has been decimated - not as much by foreign
competition, but by American shortsighted inefficiency.

Frankly, I'm not sure if it was industry or the "regulators" that are/were
shortsighted. Much of our industry has been regulated so much in the name
of the "environment" that it just wasn't worth the expense to spend
billlions on smokestack scrubbers or to cripple the logging industry because
of a few damned owls having to nest somewhere else.

The next major industry to get whipped will be auto manufacturing. The
Chinese
have almost completed the world's largest dam project (3 Gorges) with
a primary goal to produce massive amounts of electricity. Along with
many other new ventures, they've recently announced they plan to start
making cars and light trucks.

If they aren't any better than the KIA ("Korea's Imitation Automobile") I
don't think we have much to worry about.


Want some invaluable investment advice? If you have shares in any of
the big 3 U.S. automakers - dump those shares as fast as you can. The
American unions killed the U.S. steel industry - they're doing the
same to the auto industry.

It's not only the auto and steel unions that are thwarting the economic
growth. The largest single union is the teachers...and look what they've
done in dumbing-down our kids.

And while the unions have done and continue to do much damage to the US,
I'm firmly of the opinion that the only time the American public is truly
safe is when Congress is in recess. They've pandered to the special
interests ....like the tree huggers who would NEVER ever go see the ANWR,
but are opposed to drilling oil out of a reserve that is supposedly bigger
than Saudi Arabia's. But, in the interest of not disturbing some moose
droppings, we remain dependent on middle east oil. If we were using our
OWN oil, those towelheads couldn't sell their oil, thereby reducing their
ability to fund their terrorist activities. And we are too damn dumb to
realize we are funding our own demise, all in the name of the environment
and the children.



Why let their greed take your money?

Dennis Brady
DeBrady Glass Ltd.

I like it when you say towelheads. You know it's not just the oil. Aside
from the fact that we're not the glass center of the world, our demographics
are not in our favor. Most of the baby boomers who largely built our current
prosperity are moving toward retirement-old age-death. That's the biggest
population level in our country retiring and cruising in Tahiti while their
kids can't pass a math exam.

Jobs are being outsourced at a fantastic rate, and yet China and India is
graduating college students in technical disciplines at 3 to 4 times the
level in the US. Our demographic is aging and there's nothing to fill in for
the baby boomers ( I only need to look at my nephews and nieces to see
that). Long term, we are going to lose our prestige. I don't see any way
around that. If anyone out there sees a way to avert economic catastrophe
for our United States, I would love to hear it.

GW

"Moonraker" wrote in message
...

"Dennis Brady" wrote in message
om...
The U.S. steel industry has been decimated - not as much by foreign
competition, but by American shortsighted inefficiency.

Frankly, I'm not sure if it was industry or the "regulators" that
are/were
shortsighted. Much of our industry has been regulated so much in the name
of the "environment" that it just wasn't worth the expense to spend
billlions on smokestack scrubbers or to cripple the logging industry
because
of a few damned owls having to nest somewhere else.

The next major industry to get whipped will be auto manufacturing. The
Chinese
have almost completed the world's largest dam project (3 Gorges) with
a primary goal to produce massive amounts of electricity. Along with
many other new ventures, they've recently announced they plan to start
making cars and light trucks.

If they aren't any better than the KIA ("Korea's Imitation Automobile")
I
don't think we have much to worry about.


Want some invaluable investment advice? If you have shares in any of
the big 3 U.S. automakers - dump those shares as fast as you can. The
American unions killed the U.S. steel industry - they're doing the
same to the auto industry.

It's not only the auto and steel unions that are thwarting the economic
growth. The largest single union is the teachers...and look what they've
done in dumbing-down our kids.

And while the unions have done and continue to do much damage to the US,
I'm firmly of the opinion that the only time the American public is truly
safe is when Congress is in recess. They've pandered to the special
interests ....like the tree huggers who would NEVER ever go see the ANWR,
but are opposed to drilling oil out of a reserve that is supposedly bigger
than Saudi Arabia's. But, in the interest of not disturbing some moose
droppings, we remain dependent on middle east oil. If we were using our
OWN oil, those towelheads couldn't sell their oil, thereby reducing
their
ability to fund their terrorist activities. And we are too damn dumb to
realize we are funding our own demise, all in the name of the environment
and the children.



Why let their greed take your money?

Dennis Brady
DeBrady Glass Ltd.

You need to get out of the minuscule pinpoints (in comparison) of technology
in China to the vast majority of the country. Yes, I have been there many
times. I see China and India as being the leaders in technology (not
science) in 20 years because of shear numbers, not due to the US lack of
effort.

I prefer to get my information from the National Science Foundation.
http://www.nsf.gov/sbe/srs/seind02/intro/intro.htm

Within this, well done, report the following excerpts are taken:

"In the United States, the nearly 20-year population decline in the size of
the college-age cohort reversed in 1997 and is projected to increase from
17.5 million to 21.2 million by 2010, with strong growth among minority
groups. "

"Since 1994, research and development (R&D) in the United States has risen
sharply, from $169.2 billion to an estimated $265 billion in 2000. In real
terms (adjusting for inflation), this rise reflects an increase of $71
billion in 1996 dollars, which was the greatest real increase in R&D for any
six-year period in the nation's history."

"Several developing Asian economies, particularly China and Malaysia, had
higher electronics production than did Ireland in 1996, the reference year
for the published data. However, they scored lower on indicator components
rating their labor pools and management personnel. Mexico's score showed an
even greater imbalance than those of China and Malaysia."


"Javahut" wrote in message
...

"kdoney" wrote in message
news
I want some of what you're smoking.

You make this comment based on what?

Given the previous posters statement of having "seen"

You're quoting 10 year old statistics. Maybe that's the problem.
American companies are making decisions based on what happened 10
years ago.

What seems to have happened is while the Americans were busy
researching, the Asians started implementing - often based on the
American research data.

An idea ain't worth squat 'til it's used.

Using some 8 year old data to project decades long trends is reasonable. At
any rate, the original concept, that China is more advanced,
technologically, than the U.S., would not be supported by any of these data,
or any current data that I have read. The NSF's report, which is based upon
some 8 year old data is more meaningful than the original posters "seen it".


"Dennis Brady" wrote in message
om...
You're quoting 10 year old statistics. Maybe that's the problem.
American companies are making decisions based on what happened 10
years ago.

What seems to have happened is while the Americans were busy
researching, the Asians started implementing - often based on the
American research data.

An idea ain't worth squat 'til it's used.

8 yr old statistics are meaningless for predicting anything except
what was happening 8 years ago. China has made as much technological
progress in the past 8 years that America did in 80.

While American industry is trying to decide whether to use coal or
oil, China has introducted sophisticated robotics. While America
still builds highways for an ever increasing volume of gas guzzling
SUV's, China is building the world's first mag-lev train. It's
precisely that American, "we're superior" delusion that has allowed
China to leapfrog so far ahead. As long as the foolish delusion
remains, the gap will widen.

The most significant difference between China and America is the
percentage level of poverty. Guess who's way ahead on that?

I still only hear pontifications. Do you have any reliable data?

"Dennis Brady" wrote in message
om...
8 yr old statistics are meaningless for predicting anything except
what was happening 8 years ago. China has made as much technological
progress in the past 8 years that America did in 80.

While American industry is trying to decide whether to use coal or
oil, China has introducted sophisticated robotics. While America
still builds highways for an ever increasing volume of gas guzzling
SUV's, China is building the world's first mag-lev train. It's
precisely that American, "we're superior" delusion that has allowed
China to leapfrog so far ahead. As long as the foolish delusion
remains, the gap will widen.

The most significant difference between China and America is the
percentage level of poverty. Guess who's way ahead on that?

Dennis Brady wrote:

8 yr old statistics are meaningless for predicting anything except
what was happening 8 years ago. China has made as much technological
progress in the past 8 years that America did in 80.

That's a pretty bold statement. Anything to back it up?



While American industry is trying to decide whether to use coal or
oil, China has introducted sophisticated robotics.

Let me guess, the robots run on cold fusion.


While America
still builds highways for an ever increasing volume of gas guzzling
SUV's, China is building the world's first mag-lev train.

Maybe that's because the average chinese worker can't afford a car?


precisely that American, "we're superior" delusion that has allowed
China to leapfrog so far ahead. As long as the foolish delusion
remains, the gap will widen.

The end is near.


The most significant difference between China and America is the
percentage level of poverty. Guess who's way ahead on that?

I'll bite. The standard of living is much higher in China. Where's my
passport?


--
Jack


http://photos.yahoo.com/bc/xmissionbobo/