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View Diary: China Cuts US Credit Rating. Obama Cuts Hawaii Vacation Short. (171 comments)

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  •  #3 real wealth creation (3+ / 0-)
    Recommended by:
    Pluto, War on Error, Larsstephens

    Going back to Clinton and NAFTA the dream was for multi-national corporations to run the world economy.  NAFTA gave corporations the right to pollute and sue areas that refused them.  Southern California was a target and the So. Calif. response lawsuit made the corporation back down.  There has been no "real wealth creation" for the US because the US is only one of many countries for bottom-line corporations.  30 years of bad government per GOP policy plus the propaganda machine of the right against workers and all that protect them have us on the edge of an internal collapse.  The Chinese are smart.  Congress should read this if they cared for more than their personal bank accounts.  China works like one of the corporations with government money capturing markets for the benefit of China.  Despite their horrible worker conditions they do protect their people perhaps more than the US.  My son was told he could train Chinese pilots and then his job in China was over.

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