madmilker

Wall St. Banks: Giving Props to Trading Risks

"Wal-Mart firmly believes in local procurement. We recognize that by purchasing quality products, we can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally. We have established partnerships with nearly 20,000 suppliers in China."

Now! if there be 182 country’s making items for the world to buy and they have only 5% of the pie in China…duh! This company makes the nice people of China support their currency(yuan) by keeping it in their country working for the people there…. but with the “yuan” going up in value and the US dollar going down…all the foreign items that the American consumer buys thinking it is cheap has went up in price.

People…its all about the currency and to keep a currency strong you got to keep it floating around the country you live in so it can work for you. For the past 12 years all them US dollars are being shipped overseas to a foreign bank and with the American worker not making anything for the foreigner to buy the “we the people” have to turn to the “second” largest employer in America(Uncle Sam) to sell “we the people” debt in order to get all them dollars back!

50 years ago a foreigner would had given their left nut for a US dollar or a Hershey’s chocolate bar and today the same foreigner has got Uncle Sam and the American consumer by both all the while Hershey is moving the chocolate factory to Mexico. Wake up! America and think “MADE IN AMERICA.”

Bank of America: A Risky Bet That May Be Worth It - Barron's

well stated..."Sudhakar2k." bet she shops at Wal*Mart too....

You snotty nose wet behind the ears young whippersnapper's have no idea what the few fat farmers back in 1776 had on their mind when with the penmanship of poets wrote the American dream.
From 1776 to 1910 the National Debt went from $00.00 to $2.6 billion and tat wus without a dang income tax and from 1910 to 2008 it went from tat p^ss poor tiny amount of $2.6 billion to over $10.6 TRILLION and tat wus with every kind of tax the turnips in D. C. could shove up the Americans taxpayers @ss.

The turnips on tat big hill has a $100 TRILLION shortfall in YOUR Social Security and Medicare and all your doing is sittin' on a dang blog writin' bout a dang BANK....tat jus tells me....you couldn't pour p^ss out of a boot with the instructions on the heel...or change a flat on your foreign automobile.

Now! you can take all tis with a grain of salt with cracklin' cornbread on the side or jus delete the whole dang post but until you get off your lazy @ss and take back your country....a Jack@ss nor a dang Elephant ain't gonna get America out of tis.

The company with tat star (Wal*Mart) moved their Global Procurement Offices to Hong Kong and than to China....you
can be assured it wusn't to buy American made. Please feel free to read "The Flow of Trade in a Global Economy" by Lance Winslow. There is one quote from his article tat comes in mind. "Now let us look at Wal-Mart again; you buy a product there, 6% goes to the employees, 10-18% is profit to the company, 25% goes to other costs and 50% goes to re-stock or the cost of goods sold. Of the 50% about 20-25% goes to China, a guess, but you get the point. Now then, how long will it take at 433 Billion dollars at year for China to have all of our money, leaving no money flow for us to circulate? At a 17 Trillion dollar economy less than 40-years minus the 1/6 they buy from us. Some say that if we keep putting money into our economy, it would take forever, but if we do not then eventually all the money flow will go. If China buys our debt then eventually they own us, no need to worry about a war, they are buying America, due in part to our own mismanaged trade, so whose fault is that? Not necessarily China, as they are doing what's in the best interests, and we should make sure that trade is not only free, but fair too."

Also, think for a moment about George Washington....yes the man tat is on the US dollar bill.... "Washington had been reelected unanimously in 1792. His decision not to seek a third term established a tradition that is now embedded in the 22d Amendment of the Constitution. In his Farewell Address of Sept. 17, 1796, he drew on the results of his varied experience, offering a guide for both present and future. He urged his compatriots to
cherish the Union, support the public credit, be alert to the “insidious wiles of foreign influence,” respect the Constitution and the nation’s laws, abide by the results of elections, and eschew political parties of a sectional cast. Asserting that the United States and Europe had different interests, he declared that it “is our true policy to steer clear of permanent alliances with any portion of the foreign world,” trusting to temporary alliances for emergencies. He also warned against indulging in either habitual favoritism or habitual hostility toward particular nations, lest such attitudes should provoke or involve the country in needless wars."

Take the time to read his farewell address after only eight years of serving his country and than ask yourself tis....How do you think George feels being sent overseas in return for all tat foreign so-call cheap items and being left in a foreign bank because the American worker doesn't make anythig for the foreigners to buy. Cheap
items didn't make tis great union of 57...oops! 50 states the greatest place on the face of tis Earth.....the American worker (union and non-union) did. You can't have a strong country without having a strong currency and you can't have a strong currency unless you keep it floating around within your 50 states. Tis is why the store with the star in the name puts 95% China made items in their stores in China....to keep their "yuan" in their country helping the nice people there. And with only 5% left for all the other 182 country's tat make stuff including the United States of America....tat doesn't produce very many jobs outside of China. Being an old person myself and knowing how it wus back in the 40's, 50's and 60's in tis union of 50 states....I look at George each
time I pull him out of my billfold and make a promise to send him out for items made in America so after floating around helping each hand he touches jus maybe one day he will shake mine again.

Gudday and God Bless!

ps: read what Thomas D. Schauf wrote back in 1992 and you will see why your Bank at $3 a share wus the best investment for any person to make.

Three of America's Best Boards

you forgot HANSEN SURFBOARDS

The Quest to Backstop Every Big Bank

wonder if Tom Heneghan has red.....oops! read tis yet...

Government Risk Rises: Credit Markets Face Structural Collapse

psst!

Will Wal-Mart Heat Up Chile? Fast Money (6/17/08)

People in America need to realize jus what got America in this shape..."cheap" yes so-call cheap items from a foreign land.

quote*Wal-Mart firmly believes in local procurement. We recognize that by purchasing quality products, we can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally. We have established partnerships with nearly 20,000 suppliers in China. *end quote!

Now! if there be 182 country's making items for the world to buy and they have only 5% of the pie in China...duh! This company makes the nice people of China support their currency(yuan) by keeping it in their country working for the people there.... but with the "yuan" going up in value and the US dollar going down...all the foreign items that the American consumer buys thinking it is cheap has went up in price.

People...its all about the currency and to keep a currency strong you got to keep it floating around the country you live in so it can work for you. For the past 12 years all them US dollars are being shipped overseas to a foreign bank and with the American worker not making anything for the foreigner to buy the "we the people" have to turn to the "second" largest employer in America(Uncle Sam) to sell "we the people" debt in order to get all them dollars back!

50 years ago a foreigner would had given their left nut for a US dollar or a Hershey's chocolate bar and today the same foreigner has got Uncle Sam and the American consumer by both all the while Hershey is moving the chocolate factory to Mexico. Wake up! America and think "MADE IN AMERICA."

What Obama Needs to Know about Tim Geithner, the AIG Fiasco and Citigroup

to bad tat "kythumper" don't agree....this change crap is only more Clinton-Bush crap!

Cramer's Stop Trading! Zombie Stocks (11/21/08)

who is this Cramer. He sounds like he be one sandwich short of a picnic. Company's like foreign own Citigroup pumping out credit cards faster than kits from rabbits. Wal*Mart that has their Purchasing Department in China and put 95% China items in the stores there so that the nice people of China can do nothing but support their country. Pesticide flavored soda from Pepsico in India, cheap gas not high coming up the pipes of XTO Energy and tat store with the bullseye couldn't get a consumer tat wus three sheets in the wind to visit. Maybe tat Cramer person doesn't get out much cause if he don't know the difference between a snake and bull when it comes to whips bout the only thing he'll crack is wind.
Support Your Town....Shop Around.
American Made.........Priceless...

Will Wal-Mart Heat Up Chile? Fast Money (6/17/08)

after the nice people of Chile red...oops! read this....
quote***In China, as elsewhere, we follow the Wal-Mart tradition of building our business one store and one customer at a time. We strive to provide our customers with friendly service and a wide selection of quality products at Every Day Low Prices. With each Wal-Mart store we bring advanced retail know-how to the local market. By fostering a healthy, competitive environment, we hope to constantly improve our business operations and customer service in order to contribute to the prosperity of the local economy.

Wal-Mart firmly believes in local procurement. We recognize that by purchasing quality products, we can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally. We have established partnerships with nearly 20,000 suppliers in China. At Wal-Mart, we always work with our suppliers to grow together. In August 2007, Wal-Mart once again secured the top spot of the 2007 Supplier Satisfaction Survey conducted by Business Information of Shanghai. Additionally, Wal-Mart directly exports about US$9 billion from China every year. The export volume by third party suppliers is also estimated to be over US$9 billion.***end of quote!