tag:blogger.com,1999:blog-34378202.post1570844208738640882..comments2023-09-18T03:36:40.615-04:00Comments on Lotus and Cedar: The Decline of USA and the Rise of China - The Arena's host Michael Coren interviewed Mark Steyn on Aug 30, 2011 on Sun News NetworkHaricot 微豆http://www.blogger.com/profile/13735177985545566818noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-34378202.post-92145234103086040982011-09-27T17:30:57.161-04:002011-09-27T17:30:57.161-04:00Exile:
>> .... How tough is that?
The very...Exile:<br /><br />>> .... How tough is that?<br /><br />The very rich provide EMPLOYMENTS for the poor - the bigger the property, the more servants, chefs, and gardeners they will need to hire. I can see why downsizing is tough !!Haricot 微豆https://www.blogger.com/profile/13735177985545566818noreply@blogger.comtag:blogger.com,1999:blog-34378202.post-30535268664836685012011-09-27T17:23:28.393-04:002011-09-27T17:23:28.393-04:00Exile:
>> ... They will fight you tooth and...Exile:<br /><br />>> ... They will fight you tooth and nail if you dare to call them rich :)<br /><br />Many ppl (esp Chinese 暴發戶) like to be seen as being rich and indeed will intentionally show off their material goods (Rolex, Lexus, etc). But I can understand why they will deny being rich during an IRS investigation :OHaricot 微豆https://www.blogger.com/profile/13735177985545566818noreply@blogger.comtag:blogger.com,1999:blog-34378202.post-56340147974886750132011-09-20T11:35:29.871-04:002011-09-20T11:35:29.871-04:00Those who make $250K a year, if you twist their ar...Those who make $250K a year, if you twist their arms, they may admit that they are upper middle class. But they will fight you tooth and nails if you dare to call them RICH. <br /><br />Downsize from a 4,000 sq ft ocean-front home to a modest 2,000 sq ft home in the suburb? How tough is that? :)<br /><br />exileAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34378202.post-19793135081748031382011-09-19T22:23:20.520-04:002011-09-19T22:23:20.520-04:00If you really twist their arms, I think those who ...If you really twist their arms, I think those who make $250K a year will call themselves upper middle class. They will fight you tooth and nail if you dare to call them rich :)<br /><br />exileAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34378202.post-55337824146756948032011-09-19T00:33:57.706-04:002011-09-19T00:33:57.706-04:00Exile: Here in Canada, I would think those making ...Exile: Here in Canada, I would think those making near $250K a year (before tax) are rich, or at the very high end of "upper middle class". But then there are more rich ppl in the US than in Canada (Ref: http://en.wikipedia.org/wiki/American_middle_class)<br /><br />Based on media reports, I am under the impression that Prez Obama is really in a bind, both politically and practically !!Haricot 微豆https://www.blogger.com/profile/13735177985545566818noreply@blogger.comtag:blogger.com,1999:blog-34378202.post-90058475568472623652011-09-13T07:45:21.136-04:002011-09-13T07:45:21.136-04:00Raise taxes on the rich to pay for new job program...Raise taxes on the rich to pay for new job programs sounds like a "good" idea to most middle-class Americans who make less than $250K a year. On the other hand, the so-called "super committee" is supposed to cut spending to help pay down the deficit. How is it going to work? I don't believe Washington can get anything done.<br /><br />exileAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34378202.post-52922760903264837512011-09-09T18:55:32.319-04:002011-09-09T18:55:32.319-04:00SBB:
I read ur article - good insight, thx !!!
H...SBB:<br /><br />I read ur article - good insight, thx !!!<br /><br />HaricotAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34378202.post-37692053966310132412011-09-09T18:53:50.268-04:002011-09-09T18:53:50.268-04:00Exile:
I agree !! Unless there is a complete fail...Exile:<br /><br />I agree !! Unless there is a complete failure of the global economy, gold will remain a commodity.<br /><br />BTW, when Prez Obama was giving his job speech at the Congress last nite, the Republicans just sit there stone-face. And it didn't take long for Prez-hopeful Bachmann to pour scourging hot tea all over Obama - oooouch !!!!<br /><br />HaricotAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34378202.post-70860090756527488972011-09-01T17:36:56.249-04:002011-09-01T17:36:56.249-04:00Dear HBB, I recalled my previous article dated bac...Dear HBB, I recalled my previous article dated back Dec 23,2008 <br /><br />http://mindnecessity.blogspot.com/2008/12/bretton-woods-agreement-us-promised-to.htmlthe inner spacehttp://mindnecessity.blogspot.com/2008/12/bretton-woods-agreement-us-promised-to.htmlnoreply@blogger.comtag:blogger.com,1999:blog-34378202.post-45524579922376673942011-09-01T11:34:57.442-04:002011-09-01T11:34:57.442-04:00"it doesn't mean that the US can pay its ..."it doesn't mean that the US can pay its debt in gold"<br /><br />I am not an expert either. In theory, the U.S can certainly sell its gold to pay down debt. However, there is no way they will do that. First, even at today's gold price, there is not enough gold to pay off the national debt. Plus imagine how it will impact the gold price if the U.S dump so much gold all of a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34378202.post-80979252383780421002011-09-01T09:06:56.118-04:002011-09-01T09:06:56.118-04:00SBB:
I learn something new everyday !!
The Wikip...SBB:<br /><br />I learn something new everyday !!<br /><br />The Wikipedia/Gold Reserve article contains a table that shows the gold holding (in tonnes) of 114 countries as a percentage share of their nation foreign exchange reserves. <br /><br />You are right, USA is ranked at number one with the largest holding of 8133.5 tonnes which is the 3rd highest percentage reserve at 74.7% (after Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34378202.post-81204458485872444122011-08-31T23:57:26.451-04:002011-08-31T23:57:26.451-04:00USA is world first top nation in GOLD reserve!
...USA is world first top nation in GOLD reserve! <br /><br />http://en.wikipedia.org/wiki/Gold_reservethe inner spacenoreply@blogger.com