Is Wal-Mart floating America?

Not really sure where to post this, so this forum will have to do

Maybe this is more of a rant, but oh well. The U.S. is flat ass broke, spending hundreds of billions on stuff that has no return even close to the sum spent. It is a very inefficient machine. The input is MUCH greater than the out put. Which is so hard to understand. Al-Queda has spent $1.00 screwing America for every $1,000,000.00 that the U.S. has spent trying to spank Al-Queda. Thats effeciency.

Anyways, point being, the U.S. is pretty much out of cash. All your goods are imported, hardly anything used in the U.S. is actually made in the U.S. Even your weapons you use to blow up small countries have 'Made in Taiwan" stickers on some part of it. Out-sourcing I think is going to be the downfall of the U.S., not terrorists.

Sure, we could blame the crash of the economy on the wars, but really, its the fact that since the jobs have all moved to China, there is not enough people spending their hard earned money made in America, on products made in America. Every dollar you spend, basically winds up in China, lining the pockets of the guys who make all ther products for the biggest company in the world. Wal-Mart.

Luckily, Wal-Mart keeps a million hard working Americans employed, sitting at the front door, greeting us for $6.00 an hour. Thank god they don't import their store staff as well, or you'd really be screwed.

Well, I'm not really sure what I'm meaning to say here. I just notice that you're all going broke, and still you're the most consumerist society in the world. They money you spend on all the goods you consume should, you;d think, go back to the manufacturer, which in turn would give some back to its employees, who would in turn, go back to the store with their big paychecks, and repeat the cycle. Meanwhile lining the governments pockets with the tax they charge on those dollars everytime it changes hands.

I'm not an economist, not a political scientist, I'm not even qualified to question the little punk at the fast food joint across the street that screws up my orders all the time. I'm just a guy. who has seen something so shallow, that everyone else has known about it for years. But I just hate people that screw themselves, when there is every opprotunity to remedy the situation.

Besides, if the U.S. goes belly up, you're going to take Canada with you, and I don't wanna take that roller-coaster ride yet. I don't want to puke on my "Made in China" Penmans pants and T-Shirt I bought at Wal-Mart

[edit on 24-11-2004 by John bull 1]

No Worries m8, we still have a 10 trillion $$$ economy, we make lots of things. Did you know that the US is the worlds LARGEST EXPORTER?

What are you talking about? We've always been in debt. This is nothing new. You talk as if no ones has ever noticed this trend.

you must be a pretty ignorant person Torus, to make such blanket statements. i suggest you take on the motto of this website and go do some real research. perhaps even get past that "america sucks" mentality oh so many brain-washed canadians have.

Originally posted by astroblade
perhaps even get past that "america sucks" mentality oh so many brain-washed canadians have.

It's not brainwashed. If anything, Americans do it to themselves. Between your foreign policy, hostile media, hostile populace and current trade disputes with Canada, we're quickly running out of reasons to like you.

Oh, by the way, nice blanket statement of your own.

DE

Straight from the US Treasury:


US treasury

Notice the WWII years (Graphs from The National Budget, Debt & Deficit - MarkTAW.com )







What caused the debt that United States now has?

The National Budget, Debt & Deficit - MarkTAW.com

The total public debt is largely a legacy of war, economic recession, and inflation. It represents the accumulated deficits in the Government's budgets over the years. The United States first got into debt in 1790 when it assumed the Revolutionary war debts of the Continental Congress. At the end of 1790, the gross public debt was approximately $75 million. For a brief period in the mid-1830's the public debt was virtually zero. At the start of World War I in 1916, the public debt was $1 billion. It then rose to a peak of $26 billion in 1919 to finance the war. The debt declined for the next decade. During the Great Depression of the 1930's, however, the debt increased from $16 billion to $42 billion. During the Second World War the public debt rose sharply to a peak of $279 billion in 1946. From its postwar low in 1949, the outstanding public debt grew gradually for nearly the next two decades. Then, beginning at the time of the Vietnam War in the mid-1960's, the rate of the debt's increase accelerated sharply.

End of Fiscal Year Gross Federal Debt
2005 (Estimate) $6,118,364 million
2004 (Estimate) $6,033,583 million
2003 (Estimate) $5,946,792 million
2002 (Estimate) $5,854,990 million
2001 (Estimate) $5,768,957 million
2000 (Estimate) $5,686,338 million
1999 $5,606,087 million
1998 $5,478,711 million
1997 $5,369,694 million
1996 $5,181,921 million
1995 $4,921,005 million
1994 $4,643,691 million
1993 $4,351,403 million
1992 $4,002,123 million
1991 $3,598,485 million
1990 $3,206,564 million
1989 $2,868,039 million
1988 $2,601,307 million
1987 $2,346,125 million
1986 $2,120,629 million
1985 $1,817,521 million
1984 $1,564,657 million
1983 $1,371,710 million
1982 $1,137,345 million
1981 $ 994,845 million
1980 $ 909,050 million
1979 $ 829,470 million
1978 $ 776,602 million
1977 $ 706,398 million
Transition Quarter $ 643,561 million
1976 $ 628,970 million
1975 $ 541,925 million
1974 $ 483,893 million
1973 $ 466,291 million
1972 $ 435,936 million
1971 $ 408,176 million
1970 $ 380,921 million
1969 $ 365,769 million
1968 $ 368,685 million
1967 $ 340,445 million
1966 $ 328,498 million
1965 $ 322,318 million
1964 $ 316,059 million
1963 $ 310,324 million
1962 $ 302,928 million
1961 $ 292,648 million
1960 $ 290,525 million
1959 $ 287,465 million
1958 $ 279,666 million
1957 $ 272,252 million
1956 $ 272,693 million
1955 $ 274,366 million
1954 $ 270,812 million
1953 $ 265,963 million
1952 $ 259,097 million
1951 $ 255,288 million
1950 $ 256,853 million
1949 $ 252,610 million
1948 $ 252,031 million
1947 $ 257,149 million
1946 $ 270,991 million
1945 $ 260,123 million
1944 $ 204,079 million
1943 $ 142,648 million
1942 $ 79,200 million
1941 $ 57,531 million
1940 $ 50,696 million

Mod Edit: Placed copy-paste inside quote box.


[edit on 30-11-2004 by dbates]

Originally posted by edsinger
No Worries m8, we still have a 10 trillion $$$ economy, we make lots of things. Did you know that the US is the worlds LARGEST EXPORTER?

Sorry Ed, misled again.


Germany overtakes US as world�s largest exporter

The German economy has benefited from growth in Eastern and Central Europe. (Photo: EU Commission)

In August, Germany took pole position as the worlds leading export country from the US, with exports 7% higher than the Americans, according to OECD and IMF statistics quoted by FT Deutschland.

www.freerepublic.com...

That was very nasty and uncalled for astro, wasn't that the Jetson's Dog?


Torus, it is more like Wal-Mart, China, Bush Dynasty, MENA,etc.. have the American Patriot under the Gun. Manipulated and Hoodwinked. If thou would like insight into the worlds largest company I recommend this Treastie. This is a insight from Chapter Four



Like President Herbert Hoover, Bush Jr. mouths off words he ought to know are false. Stating, that the United States economy and business are on a "safe and sound basis", or similar terms right out of 1930-31, remembered only by old-timers.

How to create an illusion that all is well. that a renewed prosperity is "just around the corner"? Well, temporarily, pump up the Dow Jones 30 Industrials, as a false psychological barometer of business.

And how do you do that? Simple. As just a book entry, tens of billions of dollars owed through Wal-Mart, to Red China, are temporarily diverted into Wall Street, with the unseen aid of the Red Chinese Secret Police. On a much smaller scale, but important to that era, similar tricks were done to keep the suckers in place in 1929. [As background, to the illusion created in 1929 by J.P. Morgan & Co., and their rotten devices, read "The Great Crash-1929", by J. Kenneth Galbraith.]

Some of the reportedly corrupt and bloody deals between Wal-Mart and Red China, and their Secret Police, have been arranged by Prescott S. Bush, Jr., uncle of George W. Bush. Prescott is the brother of Daddy Bush. Prescott has been the head of the United States of America-China Chamber of Commerce, 55 W. Monroe St., Suite 630, Chicago IL 60603. (312) 368-0430 or (312) 368-9022. FAX (312) 368-0418. E-Mail [email protected] [And according to published accounts, Prescott has had similar dirty deals with the Japanese mafia, the Yakuza. Put in his name in a good search engine.]
Like President Herbert Hoover, Bush Jr. mouths off words he ought to know are false. Stating, that the United States economy and business are on a "safe and sound basis", or similar terms right out of 1930-31, remembered only by old-timers.

How to create an illusion that all is well. that a renewed prosperity is "just around the corner"? Well, temporarily, pump up the Dow Jones 30 Industrials, as a false psychological barometer of business.

www.skolnicksreport.com...

Good Luck in Your Quest for Knowledge,

Polar Bear

p.s. The U.S. is the largest exporter of jobs perhaps that is what Ed was referring to

Oh really?


How about the CIA facts?

$714.5 billion f.o.b. (2003 est.) United States
www.odci.gov...
$696.9 billion f.o.b. (2003 est.) Germany
www.odci.gov...




2003


Country Description Amount
1. United States $687 billion f.o.b. (2002 est.)
2. Germany $608 billion f.o.b. (2002 est.)
3. Japan $383.8 billion f.o.b. (2002 est.)
4. China $325.6 billion f.o.b. (2002 est.)
5. France $307.8 billion f.o.b. (2002)
6. United Kingdom $286.3 billion f.o.b. (2002)
7. Canada $260.5 billion f.o.b. (2002 est.)
8. Italy $259.2 billion f.o.b. (2002 est.)
9. Netherlands $243.3 billion f.o.b. (2002)
10. Hong Kong $200.3 billion f.o.b., including reexports (2002 est.)
www.nationmaster.com...&int=20

Wow.

edsinger, thank you for posting all that! i really learned something. My post was meant to be some what 'non-serious', Just to make a statement regarding how much material used in the U.S. isn't from the U.S., and that the government should be spending more money in boosting domestic production of more goods, the Wal-Mart comparison was supposed to be humor. Like ha-ha, funny like a clown.

And I sincerely apologize for being the brainwashed Canadian I am, must be all the T.V. I watch. Like CNN, Fox, MSNBC, ABC, NBC, TBS, and the WB. Sorry.

Edsinger, Durden is right about you. You don't read what you post.

Posted by Edsinger

Did you know that the US is the worlds LARGEST EXPORTER?

Polar Bear shows this to be incorrect so you come straight back with links to the CIA showing that US has the largest economy in the world which is a totally different thing altogether.

It still doesn't change the fact that the U.S is virtually bankrupt.

Just out of curiousity what exactly are our exports? I'm just a little puzzled because as a nation what do we produce domestically (other then bad music:lol? most major manufacturing jobs are sent overseas.

boogyman,

U.S exports cars, agricultural stuff(grains, tobacco etc..) tools, clothes etc.

They haven't moved all the manufacturing offshore yet.

WHAT! what kind of title is that.

WAL-MART is Sinking America, nearly everything they have is built in some Asian country, and now to try and match wal-marts low prices other companies have to do the same to stay in the game.

WAL-MART

[edit on 23-11-2004 by Murcielago]

We export weapons of Mass Destruction. After all we initially supplied Sadam with chemicals to be used against Iran. No I'm wrong we gave those to him
Wait I know we sold weapons and RPG's to Osama to fight the Russians in Afghanistan. Carp wrong again we gave those away too I know steamy Hollywood movies to the world. I knew that there was something. Kinda backfired though cause religious fundamentalists in Islam now refer to us as the Evil Satan and our Christian fundamentalists don't want us to watch them either.
So why are they fighting if they have so much in common. Go figure

Polar Bear

Like the original poster, I am not much of an economist, but I can tell you this; we are not almost broke.

Please allow me to break down the American economy for you, it's really quite simple. We pulled ourselves out of the great depression by removing the ideology that our money is backed by gold (the war helped too).

See, a dollar is worth a dollar, because we say it is. Foriegn investors may start selling off U.S. securities, in which case we buy them back at an inflated price, thus increasing the value again.

Now, how can we almost be broke? We control most of the oil in the world (Alaskan Reserves and Iraq). No, we are fine.

We are not at your mercy, your at ours. This may not be a good thing, but it's the truth. Do you really think we have been there (Iraq) that long and haven't pumped an ounce of Texas crude? I bet thats what you think. Those insurgent's keep blowing up the pipelines




[edit on 24-11-2004 by crisko]

Didn't congress just have to raise the debt level to just over 8 Trillion cause there was no money left to run the country? When you're living on credit, you're broke.

Okay, see the cool thing about the U.S. is that we repay our debts, and we do have recievables that exceed that amount.

The only reason that the debt level was raised is because of the war, we will exceed the debt allowed by law before our next payment is due.

After Tax season, watch the figure get cut. America only gets paid once a year ya know.

Crisko, go back and look at the charts that Edsinger supplied and you will see that the level of debt has increased every year since 1940.

Most economists are saying it will take decades to get rid of this much debt. What makes you think it will be paid back after tax season?

The debt hasn't increased. Did you take inflation into account?

It's a known fact that the U.S. debt was at an all time low during the Clinton Administration, not becase he was a genious, but because it was a relatively peaceful time for the U.S.

In fact, it was the first time in over 60 years that we were not in a "war" of some sort. Conflicts, yes.

Deny ignorance okay guy?

[edit on 24-11-2004 by crisko]

Based on today's economic standards, the U.S. was over a Trillion dollars in debt in 1946.