Juicy Bits for Politics Nerds
Americans say no to politics in the pulpit.
Ross Perot was right about NAFTA.
Some babies cries are louder than others.
Tracking cell phones without probable cause.
Repubs losing the center (what center?).
November 23, 2007
Spotlight
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There is no longer a political center: that fact plays out in every part of daily life now.
Comment by Lynne — November 23, 2007 @ 7:27 pm
Re: “What were they Smoking?”. I am hearing on NPR that the FBI is investigating over 1000 cases of Real Estate fraud, some of which included getting apprasers to give overblown values, which the banks were making sub-prime loans on, which made the builders even richer. . Til the buble burst.Think anyone will go to jail? We will be lucky if the banking industry allows Congress to pass legislation toregulate how they issue loans.
Comment by Doug Hughes — November 23, 2007 @ 7:55 pm
In regards to NAFTA, it should be noted that many of the jobs that were sent to Mexico for cheap wages have now been sent to China for even CHEAPER wages.
Comment by PurpleGirl — November 25, 2007 @ 10:57 am
I’m not so sure that China has lower wages than Mexico, but they have definitely done a better job of building the infrastructure necessary for manufacturing. Meanwhile, our infrastructure rots.
Comment by idlemind — November 25, 2007 @ 4:04 pm
idlemind, I found this article from 2001, by William Greider, which compares wages in Mexico and China. According to it, in 2001, Mexico may have paid $1.50 US to China’s 20-25 Cents US per hour. So, yeah, China has been taking jobs from Mexico and many other places. (Or rather the multinational companies go looking for contractors in China to give the manufacturing work to.)
http://www.thenation.com/doc/20011231/greider
I agree that our infrastructure is rotting but then if the powers that be want lower taxes, who will invest in infrastructure.
Comment by PurpleGirl — November 25, 2007 @ 10:14 pm