Sunday, November 13, 2011

BloggeRhythms 11/13/2011

At an APEC conference on Saturday, Boeing's CEO asked the president about looking at the world from a Chinese perspective and what they might consider as impediments to investing here.

In answering, I think the president maintained the consistency of his continual degrading of the nation he claims to lead. Here's what he said, "We've been a little bit lazy, I think, over the last couple of decades. We've kind of taken for granted -- well, people will want to come here and we aren't out there hungry, selling America and trying to attract new business into America."

He later went on to say, "Because of our federalist system, sometimes a foreign investor comes in and they've got to navigate not only federal rules, but they've also got to navigate state and local governments that may have their own sets of interests. Being able to create if not a one-stop shop, then at least no more than a couple of stops for people to be able to come into the United States and make investments, that's something that we want to encourage."

To a later question he went on: "The way I think about it is this is a great, great country that had gotten a little soft, and we didn't have that same competitive edge we needed over the last couple of decades. We need to get back on track. But I still wouldn't trade our position with any country's on Earth. We still have the best universities and scientists and best workers in the world. We still have the most dynamic economic system in the world. We need to bring all those things together"

As I read this stuff, I scratched my head in wonderment, trying to figure out if the guy really believes what he said, or if he's even more dishonest than I thought which would be practically impossible to achieve. Because, at the present time even American businesses don't want to be here and are making every effort to build plants, hire people and transfer operations overseas. And they're doing it precisely because the president's alphabet soup of agencies, such as the NLRB and EPA to name only two, are strangling operator's to the extent that they'll do practically anything to get out from under.

What's more, there's really no one in the administration, and that certainly includes the leader, who has a clue as to what makes businesses run, how to manage or incent them and worst of all, his bumbling underlings despise business folks to boot (except for the one's that throw taxpayers bucks to politically connected frauds and crooks like those at Solyndra.)

So, I've got to believe that the Chinese, or any other savvy foreign business investors, would never spend a dime here they don't have to so long as this administration's in power. And beyond that, they're far better off staying where they are and eating our lunch by selling us stuff, such as cars, appliances, electronics and you name it, especially because they don't have unions to contend with who'll rob them blind and force them to price their goods out of the market.

So, if the president wants to find out why foreign investors don't want to set up shop over here any more and what's the cause, all he really needs to do is look in a mirror. And as far as mirrors go, I think the best and cheapest one's come here from Korea.

That's it for today folks.

Adios

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