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NIA Warns American Politicians ‘Not To Upset China’

April 6, 2010 by  

NIA warns American politicians 'not to upset China' As American legislators are pushing for China to raise the value of its currency, the National Inflation Association (NIA) has criticized this policy, citing America’s weak bargaining position.

Administration officials, including Treasury Secretary Timothy Geithner, have been calling on China to make its yuan currency more flexible in an effort to help trim United States trade deficit with China and reduce the jobless rate, according to Reuters.

Moreover, pressure is building on the administration to name China a "currency manipulator" in a mid-April report, and lawmakers are threatening to impose tariffs on Chinese goods to counteract the effects of the country’s cheap currency, the news source further reported.

However, many economists disagree that the appreciation of the yuan would have this beneficial effect on the U.S. economy. NIA goes even further, stressing that it is China’s artificially low yuan that allows the U.S. to import cheap goods and Americans to live beyond their means.

"We should be kissing China’s feet and thanking them for allowing us to consume the goods they produce in return for a worthless piece of paper that we print," the organization’s representatives stated.

"Instead, we are blaming them for the problems that our politicians created," they added. ADNFCR-1961-ID-19703592-ADNFCR

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  • Claire

    Me kiss China’s feet? No way. They send us tainted foods; tainted dog food; drywall containing a poisonous chemical; cheap plastic products containing who knows what; tainted jewelry; tainted toys for kids; and dishes (cups) that contain enough lead to possibly kill someone. Oh yeah, I’m going to get on my knees and thank them. Never.
    But I do agree politicians sure didn’t do America any favors either. I despise the fact we owe them so much money. It is a depolrable situation.

    • Claire

      “deplorable” sorry.

  • stephen russell

    We upset China then we enter Great Depression 2.
    China ‘owns’ our debt.

    & some other nations do as well.

    China the biggest share.

  • http://www.personalliberty.com/news/pediatric-patients-with-chronic-pain-look-to-acupuncture-19609231/ James A Graham

    Proposed 28th Amendment to the United States Constitution

    THE HART OF OUR PROBLEMS IS OUR POLITICANS ARE MONEY HUNGRY !!!!

    As a widow of a military retiree, who stood with her husband for over 20 years while he served this country (which was the greatest in the world until this Congress and President took over), I have to say I agree. Shirley

    As a retired military man that have given over twenty-seven years of my life to my country, I truly feel that what this
    Country needs most is a new amendment to the Constitution . I am recommending that we add the 28th amendment to the Constitution of the UNITED STATES.

    For too long we have been too complacent about the workings of Congress. Many citizens had no idea that Congress members could retire with the same pay after only one term, that they didn’t pay into Social Security, that they specifically exempted themselves from many of the laws they have passed (such as being exempt from any fear of prosecution for sexual harassment) while ordinary citizens must live under those laws. The latest is to exempt themselves from the Healthcare Reform that is being considered…in all of its forms. Somehow, that doesn’t seem logical. We do not have an elite that is above the law. I truly don’t care if they are Democrat, Republican, Independent or whatever. The self-serving must stop.

    This is a good way to do that. It is an idea whose time has come.

    Proposed 28th Amendment to the United States Constitution:

    “Congress shall make no law that applies to the citizens of the United States that does not apply equally to the Congressman, Senators and Representatives; and, Congress shall make no law that applies to the Congressman. Senators and Representatives that does not apply equally to the citizens of the United States”.

    This 28th amendment to the Constitution of the UNITED STATES Will apply to all passed, present and future
    congressman, Senators And Representatives.
    Just think of all the money this would save the tax payers!!!!!

    I think the Senators, Representatives or Congressman that comes out strongly for this will be our next President.

    HTCM USN Retired James A. Graham E-Mail address is ( jagraham@charter.net ) Please forward !!!!!!!

    • Warrior

      Who and what is the NIA? Never heard of it. I think China should stop sending their hazardous waste to the US concealed as Wal-Mart toys.

  • FreedomFighter

    Upset China, hmmm… ok, since we buy all the junk they make, maybe they should worry about upsetting us.

    If we suddenly stopped buying from them, and purchased American made, we could probably pay the debt we owe them, have money left over, crush the economy of China, and reagain dominance in manufacturing…robots are cheaper than china slave labor and wont revolt.

    Freedom Fighter

    • DamnYankee

      Friend, you have to have most of the people backing your idea, as good as it is, But people don’t care as long as whatever is going on seemingly don’t affect them immediately. They don’t seem to be able to think how it will affect future generations. I, for one, would be willing to “buy American”, but one can’t find much in stores that is made in America. I’m with you, ‘buy American’, and put Americans back to work.

  • wayne bower

    We need China like we need an extra ear. Our people need the work that the Chinese people get building our things. BUT also in the 60s and 70s know one wanted to work. People were always going on strike for more money or more days off or benefits companys couldnt afford. So as any one would do, the companys moved the factorys to China where people were willing to work and needed the money. So the american worker got just what he deserved.

    • http://joeaeverson@hotmail.com Joe A. Everson

      Our government had to collateralize its debt somehow, and they hit upon the plan of quietly setting aside huge tracts of American land with their mineral rights in reserve to cover the outstanding debts. But the government couldn’t very well admit that they were apportioning off chunks of the United States to the holders of foreign debt. So, they invented the Environmental Protection Agency and passed draconian environmental laws which served to grab land with vast natural resources away from the owners and lock it away, and even more, prove to the holders of the foreign debt that US citizens were not drilling. mining, or otherwise developing those resources. From that day to this, as the government sinks deeper into debt, the government grabs more and more of OUR land, declares it a wilderness or “roadless area” or “heritage river” or “wetlands” or any one of over a dozen other such obfuscated labels, but in the end the result is the same. We The People may not use the land, in many cases are not even allowed to enter the land.
      This is not about conservation, it is about collateral. OUR land is being stolen by the government and used to secure loans with China to fight wars the government really had no business starting in the first place. Given that the government cannot get out of debt, and is collateralizing more and more land to avoid foreclosure, the day is not long off when “We The People” of the United States will one day wake up and discover WE are no longer citizens, but tenants.
      In short, the United States is in deep trouble. We have lost a huge amount of our manufacturing capacity, and those products we still make do not compete well on the world market, despite the steady devaluation of the dollar. In short we have vast debts to pay and little to pay them with. Like the foolish farmer we have sold the machinery that allowed us to prosper, and we stand around shaking our investment portfolios back and forth in the hopes that the money inside will somehow grow all by itself. It won’t. It never has. It would seem “WE” can’t trust the government to look out for “our” best interests.

    • Vicki

      I watched how the CEO’S and vice presidents of our company take MILLIONS OF DOLLARS in Bonuses and TENS OF MILLIONS in stock options while we and our union fought to get a 25 cent raise and I worked 50-80 hours a week to have enough money to say i was middle class. I also seen our union fight to keep our pensions which most company now take stock options which end up in the upper non union managements pockets so when you refer to the union and the ceos have 2 and 3 houses and yaughts that are worth millions each and i am busting my butt to make a middle class living and have a retirement plan you should be using your energy on your congressmen making all these stupid little laws that are common sense instead of fighting to put more jobs in our country and bring our boys home!!!!!! IF WASHINGTON WANTS MORE TAXES GIVE PEOPLE MORE JOBS THAT THEY CAN HAVE A HOME TO LIVE IN AND THEY WILL PAY TAXES!!!! CAN Y0U BUY A HOUSE ON $7 AN HOUR??? I WAS MAKING OVER $20 AND THE TAXES WERE SO HIGH, THE INSURANCE HIGH NOT ONLY FOR CAR BUT FOR HOUSE AND FOR SSI AND FOR FEDERAL AND FOR STATE, WHERE DOES IT STOP?????? IF YOU PUT HEAT IN YOUR HOUSE TAXED, GAS ON YOUR STOVE TAXED, EVERYTHING TAXED SO IF CONGRESS WANTS TAXES HELP THESE PEOPLE GET A HALF WAY DECENT JOB!!!

    • Vicki

      you must also feel as tho we should all live in grass huts since you only wanted to pay 5 or 7 dollars an hour. or live with our parents if you have any until were 50 so we can all aford to eat … Oh yes we should give up our foolish pride while our upper management takes home his 17 million in bonuses while he still has his stock options which is well over 5 million and of course his pay of 1.5 million or more….How did our upper management get sooo greedy and our pay stayed about the same while our food was doubling in price like our utilities and taxes. I hear China has alot of people in one room huts and i quess that is what you wanted for us.

  • http://joeaeverson@hotmail.com Joe A. Everson

    We need a law that congress can’t spend money it doesn’t have, and can’t borrow lend or give to foreign nations. That would end all the wars until the national debt was paid off. We need another law, which forbids our military from protecting businesses we have shipped out of this country. Send your business and technology out of the country at your own risk.

  • James

    Asking China to raise its prices doesn’t raise the yuan’s value, it de-values it. The solution here is for Americans to stop buying China-made goods, and buy only things we make here. This will stop the outflow of our dollars and create jobs here. The Most Favored Nation treatment-status of china is not set in concrete. It’s time to buy American!

    • http://?? Joe H.

      James,
      your Idea has merits but as an example, try to find a U.S. made pocket knife for less than 25.00. I have looked for a long time and finally found one from SOG model name Blink!! 22.00 where I bought it. Razor sharp and 2 1/8 inches long, spring assisted opening and lock blade. It also has a lock to stop inadvertant opening in your pocket. A very decent knife and in my opine worth the price, but that is the only one I could find!!!

      • James

        Joe H., that’s an excellent point, and that’s why China has captured a huge share of our economy. But now we have 25 million Americans who are either unemployed or forced to work part-time. That’s a huge labor market, and if small manufacturing businesses would start back up and offer these people jobs, at lower pay, I’m sure thousands of them would jump at it. Back when trade with China started, Americans were forced to compete with their slave labor, and the obvious happened, now the situation has changed. Inflation was built into our economic sysem through the Federal Reserve Act of 1913, now we are deflating.

  • JPW-

    Hard to tell what is made in America today.The company I worked for had it’s home base in in the USA all of the products had an American address but 95 percent were actually made in Puerto Rico for the tax breaks.

  • JPW-

    Googled National Inflation Association (NIA) not much of an explanation of what it is or what it does.Seems to be fictitious.

    • KDanaggar

      http://inflation.us/about.html

      Not widely known, but also not so fictitious. Been getting their newsletter and reading their articles for almost a year now.

  • Annie Ladysmith

    i am so sick of crap made in China from the cheapest components and factory line quantity verses QUALITY. Americans would love to have some quality stuff instead of the useless crap from China that breaks down as soon as you use it.

    We should send this crap back to them and get a refund. We would like to have our country back, we can make better crap here without the Chinese holding a knife to our throat. The crap from China was never worth our money in the first place.

    What did we see before WWII, that’s right, MADE IN JAPAN.
    What do we see now adays? MADE IN FREAKIN’ CHINA.
    Does anybody get this?

    • Claire

      Of course we get this. I go out of my way to purchase items made in America. I always have and I always will. And I don’t care if they are union made. The point is that the items were made in America. I am tired of making other countries richer than we are. The handwriting was on the wall many years ago concerning this problem and it has steadily became worse. Our administrations did not appear to want to do anything about it. They kept sinking us in deeper and deeper. So now we are in a bind, a real bind. I believe we are past the point of no return. No way out of the mess with China. It will take decades to pay them what is owed and get them off our backs. A part of me says “don’t piss China off” and the other part of me says “to hell with them.” I do not appreciate the thought of groveling to China.

  • s c

    With the “talent” we have in Washington, it won’t be long before we’re kissing Chinese body parts that are located ‘below the waist’ but far above their feet. It sounds to me like our ‘best and brightest’ have already surrendered to the Chinese.
    It’s Washington that created the problem. In their ‘wisdom,’ they’re forcing us to 1) fix the problem and 2) get then somehow get rid of the no-talent scum who find ways to make life more complex and screw-up the economy at the same time.
    Where do we keep finding these untalented, overpaid prostitutes? Where is it written that these people are entitled to make decisions for America?

  • http://www.personalliberty.com/news/pediatric-patients-with-chronic-pain-look-to-acupuncture-19609231/ James A Graham

    ——-Original Message——-

    From: James Graham

    From: Edward Goelz
    Subject: Fw: Some people got a Raise, I DID Not …

    Some people got a Raise, I DID Not …

    I will send this out every month until election time, just as a reminder. If everyone remembers, we can make a difference.

    GRRRRRRRRRR….! I’m MAD AND YOU SHOULD BE TOO!

    Your U.S. House & Senate have voted themselves $4,700

    and $5,300 raises.

    1. They voted to not give you a S.S. cost of living raise in
    2010 and 2011.

    2. Your Medicare premiums will go up $285.60 for the 2-years and you will not get the 3% COLA: $660/yr. Your total 2-yr loss and cost is -$1,600 or -$3,200 for husband and wife

    3. Over 2-yrs The House & Senate each get $10,000 raises

    4. Do you feel SCREWED?

    5. WILL your cost of drugs – doctor fees – local taxes – food, etc., increase? You better believe they will!

    WILL THEIRS…NO WAY
    . They have a raise and better benefits. Why care about you? You never did anything about it in the past.
    You’re obviously too stupid or don’t care. No offense; just making a point!

    6. Do you really think that Nancy, Harry, Chris, Charlie, Barnie, et al, care about you?

    SEND THE MESSAGE — You’re FIRED.!!!

    IN 2010 YOU WILL HAVE A CHANCE TO GET RID OF THE SITTING CONGRESS AND Up to 1/3 OF THE SENATE, AND 100% OF THE HOUSE.

    MAKE SURE YOU’RE STILL MAD IN NOVEMBER 2010 AND TELL THEIR REPLACEMENTS NOT TO SCREW UP.

    It is ok to forward this to your sphere of influence if you are finally tired of the abuse.
    Maybe it’s time for the……..

    Amendment 28
    “Congress shall make no law that applies to the citizens of the United
    States that does not apply equally to the Senators or Representatives,
    and Congress shall make no law that applies to the Senators or
    Representatives that does not apply equally to the citizens of the
    United States .”

    Let’s get this passed around, folks – these people in Washington have brought this upon themselves!!! It’s time for retribution. Let’s take back America.
    If you don’t forward this to all your friends you’re just part of the problem of national apathy.

  • http://www.MumblingRepublican.com Radio UpNorth

    This is a international reversal of the “too big to fail” policy.

    If China moves to cause problems and bring down the economic engine that drives the Chinese economy, and they won’t because they know better, they will cause a freezing of importations from China due both to trade sanctions and lower American purchasing power of Chinese lead-base paint products, poisoned pet foods, toxic toothpaste, etc.

    China is also upset over barriers to such key componenents like satelite technolocgy they have not yet been able to steal. They also lag in key oil drilling components. What they will give in turn, in part, is support for economic sanctions against Iran in it’s apparent push to develop a nuclear bomb.

    The inflation from Chinese products has been delayed. But, when it comes there will be a economic impetus to restructure American manufacturing with the latest engineering such as robotics and bring a lot of these jobs back to the U.S.

    And we can pay off the Chinese with inflated money and watch them deal with their own economic collapse and political rebellions.

  • David

    Sure China helps keep inflation in check with their cheap goods and probably does allow certain Americans to live beyond their means. If our gov would: stop spending money we don’t have and creating entitlements for people that choose not to work (health care), passing legislation or now regulation via EPA to crush what’s left of private sector industry (cap & trade); empowering the corrupt unions (card check); then maybe we could climb out of this hole we are in.

    But that isn’t the plan. Actually the plan is going according to plan. Wake up, what’s left of Americans, before it’s too late.

  • David

    I work for the iron and steel foundry industry and let me tell ya, once the talent is gone; it’s gone. We have met with Dept of Energy, house & senate and have explained to them that we cast the components of the war machine, infrastructure, automotive, etc. When you go to war with the country that makes your bombshells do you think they are going to ship them on time???

  • Kevin

    I think if the goverment stop paying welfare for the poeple that does not want to work and free health care the us would have plenty of money as long as we do why should poeple work when they can get paid anyway for nothing

  • DaveH

    Excellant points, David.

  • Jeff from Toronto

    For anyone out there who thinks this is unique has been in a deep sleep ( coma?) for at least 20-25 years.
    China has had the yuan artificially manipulated since at least the mid eighties and every year some bunch of bozo’s from dept of state
    calls for it to be changed and brought into line with reality !
    Guess what every year the Chinese have told them to go f#@k themselves! Every year the Chinese have done exactly as they pleased
    with their currency, namely that which is good for them and not the USA, or for that matter any one else.
    I don’t know why this is so hard to understand and comprehend since
    for nearly a century the holy FED has been manipulating the USD, gold
    and other financial instruments at their pleasure and for THEIR benefit. It’s nice to see FINALLY that more and more people are
    starting to “get it”.
    For those that are still in a coma GET THIS and UNDERSTAND THIS :

    CHINA IS NOT your/our/anybodys Friend! They are THEIR OWN FRIEND only.

    COMMUNIST CHINA does not give a shit about ANYONE except to the degree
    that they are useful to their own agenda.

    While we (the western world, USA included ) have been in our collective coma, in the last 10 years Communist China has spread out
    and is “quietly” taking over, they are in North America, Mexico,
    Middle East, Africa all big time, and getting bigger.
    No need for a 5 million man army to land on the shore ( although that
    ability exists, and could be done any time. The beauty of it is that
    if all of the first 5 million are cut down, no problem there is 5 million more with out any body blinking an eye ) And more after that.

    Unfortunately WE, ( the west in general, but ably led by the USA)
    have let this genie out of the bottle, and have enriched it beyond belief all for the sake of the 5 cents per hour labor rates back in the 1980′s. Now we reap the whirlwind, and quess what WE DESERVE IT.
    You deserve that your children urinate on your grave as a thank you
    for putting them in debt for life, for purposefully eliminating the
    once mighty manufacturing base of the USA, and in no small part
    Canada as well while at the same time turning us into a fat, dumbed down, consumer rats whose main concerns have become who wins american
    idol, and what the retarted celebrities are up to, disqusting.

    Is it too late ?? You’re damn right it is,keep an eye on Communist
    China over the next two years, you won’t believe your eyes.
    As Bob Dylan said in the song ” the sonofabitch is brave and getting
    braver” Payback is a bitch.

  • DamnYankee

    HEAR> HEAR> (as the Brits say). Our only recourse is the ballot box. Throw them all out. Only question is, “Will the next bunch be any better in serving the people?”

  • Vicki

    Kevin they are called JOBS!!! The government has allowed all of our jobs to go overseas and now you only have service jobs, if any, and they are mostly part time…All our good paying jobs are few and far between.

  • Ricksfaith

    As to all that I’ve seen posted here, everone sees the trouble we are in. Atleast that is a beginning. at this point, people are not really fealling the crunch,people that have good jobs and company apid insurance. At the rate we are going that won’t be long before they too feel the crunch. The only reason china is going along with us,infedels as they see it, is the desire to obtain our technology. they already have our factories and when they think they have the advantage then we WILL be in trouble. They most likely WILL come to collect. I read a speach by the President of China I found that definitely says that they WILL dominate the world by 2025 once they solve the American solution. Further they quized their young to see if shooting an american would bother them or not. Alot of other things were in that speach that was derogatory to the US. Look at it this way, the US, Canada,& Astralia has alot of land mass and resources–you go figure? There’re to many instances where you have read about stolen tech by China and the giving of tech by our stupid leaders in exchange for some “palm grease” if ya’ get my meaning. We’ve beeb sold out and the time for retrebution is comming closser, like it or not. We all had better wake up!!!!

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