#91
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So Long Tubulars?
On Sat, 13 Jul 2019 13:29:43 -0700 (PDT), Tom Kunich
wrote: On Friday, July 12, 2019 at 4:56:16 PM UTC-7, AMuzi wrote: On 7/12/2019 5:52 PM, John B. wrote: On Fri, 12 Jul 2019 13:35:09 -0700 (PDT), Tom Kunich wrote: On Friday, July 12, 2019 at 1:13:57 PM UTC-7, wrote: On Thursday, July 11, 2019 at 8:52:26 PM UTC-5, AMuzi wrote: On 7/11/2019 8:26 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 19:39:03 -0500, AMuzi wrote: On 7/11/2019 5:44 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 00:01:27 -0700 (PDT), " wrote: On Wednesday, July 10, 2019 at 5:59:53 PM UTC-5, John B. Slocomb wrote: so here is a quote that Brandt made back in the glory days: . Oh, you mean this guy: Thomas H Munich, Born: Oct 1944 3539 Monterey Blvd San Alejandro CA94578 510) 351-3807 http://tinyurl.com/8rwo2 I thought we had gotten over him, now that we have other contributors who are equally rude and obnoxious, always carping while offering no useful information. A few names come to mind. Jobs Brandt , DEC 26, 2005 Kind of unrelated to the content of this thread. But looking at this Jobst quote, the guy he is complaining about is only 61 when written. I am pretty sure ALL of the dirty old *******s I ride with are at least that old. I'm the youngster, and I'm not that young anymore. Sadly. Its very depressing that everyone is so F---ing old now. Yes, he was born in 1944 and is this year 75 years old and as a general statement males seem to become more garrulous with age, and Brandt describes the chap as being rude, obnoxious and always carping, which appear to be an apt description today. :-) -- Cheers, John B. "equally rude and obnoxious, always carping" Huh I was thinking Joe Biden who will turn 77 this year. Joseph Robinette Biden Jr. born November 20, 1942, ex V.P I read that: "Whatever else one thinks of Joe Biden, the speech he delivered in New York on Thursday showed him to be the only Democratic candidate with his own vision on foreign policy and a full understanding of just how badly President Donald Trump's vision is damaging U.S. interests and values around the world." _________________________ From here it is easy to see the results of the Trump "foreign policy" in other countries and one thing that is happening is that more and more exports, and likely imports, from at least Thailand and Cambodia are going to China now as opposed to the U.S. And China is funneling money into both countries both in the form of low cost loans and by opening manufacturing businesses which, of course, contributes to the local economy both in the form of taxes and by employing more locals. Even Australia, the news yesterday recently, is considering developing nuclear weapons as the U.S. foreign policy seems to be very "wobbly" https://www.bangkokpost.com/world/17...uclear-weapons I see in today's paper that for 2019 US imports from China are down 13% while imports from ROK are up 13%, from ROC up 23%, from Vietnam up 37% and so on. Only one of the aforementioned countries has four supercarrier keels down with a goal of challenging USN. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 My website search has a slightly different number. "The Associated Press reported Friday that Chinese imports from the U.S. were down 31.4 percent from the same time last year, U.S. imports from China dropped by a far lower rate down just 7.8 percent over last year." So it seems Trump has made the trade war much worse with his actions. We are hurting China by buying 7.8% less of their goods. Yeah Trump. But hurting USA companies even more by selling 31.4% less to China. I'm sure for 3-4 time bankrupt Trump that means he is winning. Cut off China's pinky finger. Cut off the USA hand. Winning!!! Another economist steps forward with his educated ideas. We are buying less from China because Americans are buying more from America. This probably is something you cannot fathom. Moreover, since we are keeping more money in America we have less need to sell to foreign countries. China HAS made a commitment to partake seriously in trade treaty negotiations. It's plain that you don't understand anything about anything like all of the other idiot millennials. Right Tom, more from America! Do you remember when they were building the bridge across the bay and someone complained about why they were buying steel from China? And the answer was that the steel structures were not available in the U.S. Do you know that the largest investor in U.S. government bonds, of all the countries in the world, is China. Some 1.11 Trillion dollars worth. Which is to say that the U.S. owes China 1.11 trillion dollars. As of January, 2019 there was approximately $1.70 trillion in U.S. currency in circulation. So the U.S. owes China an amount equal to 65% of all the U.S. currency in circulation. Can you guess what would be the effect of China demanding that the U.S. pay up? Do you know anything? -- cheers, John B. It's not an accident. There's no reason in hell China should be in WTO or granted MFN. A decasdes long pattern of predatory behavior centered on IP theft and administrative barriers more draconian than tariffs coonclude China's pattern of never in any instance complying with any treaty, military or commercial. And yet they do indeed have cash to throw around, enough to build a Navy with a long range plan to use it. All financed by my neighbors who can't resist 23c off for a crappy WalMart gadget with a US flag on it. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 You're correct about the Most Favored Nation status. John doesn't seem to understand that not only does the US have the capability of making steel but the necessary skills at making BETTER steel. There was absolutely NO REASON that China should have been awarded the Oakland Bay Bridge contract. Firstly the bids with the American company were almost identical. And then after they got the contract the Chinese company redesigned the structure and more than doubled their original contract price. After it was completed every single piece of steel in the bridge was substantially sub-standard. Even the suspension wires are below standard plus they ends were improperly capped and the rain that we had flooded the suspension wires so that they are showing rust. Tom, I find that very difficult to believe unless you are rally saying hat the people who were talked with overseeing the construction of the bridge were incompetent or taking bribes. And I am saying that from experience with a number of international oil companies. They demand, and check, detail's of the materials supplied and all the work accomplished. For example, I once constructed some 15 miles of gas pipe line and as part of the contract was required to supply all design specifications and physical layout, specifications of the pipe and the material the pipe was made from had to be supplied, every welder had to be certified as competent by a 3rd party inspector, the welding rod was specified by the company, every weld was required to be marked for identification and x-rayed and the films had to be furnished to the company. The pressure tests were witnessed by both the" company man" and a 3rd party inspector, and finally after it was built, it had to have an operational test where we pumped water through the line and pressure readings were taken at both the inlet and outlet. And, I might add, this was/is a standard practice in the business. And you are telling me that the California department of whoever didn't do this? or are you lying again? -- cheers, John B. |
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#92
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So Long Tubulars?
On Saturday, July 13, 2019 at 4:51:22 PM UTC-7, John B. wrote:
On Sat, 13 Jul 2019 13:29:43 -0700 (PDT), Tom Kunich wrote: On Friday, July 12, 2019 at 4:56:16 PM UTC-7, AMuzi wrote: On 7/12/2019 5:52 PM, John B. wrote: On Fri, 12 Jul 2019 13:35:09 -0700 (PDT), Tom Kunich wrote: On Friday, July 12, 2019 at 1:13:57 PM UTC-7, wrote: On Thursday, July 11, 2019 at 8:52:26 PM UTC-5, AMuzi wrote: On 7/11/2019 8:26 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 19:39:03 -0500, AMuzi wrote: On 7/11/2019 5:44 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 00:01:27 -0700 (PDT), " wrote: On Wednesday, July 10, 2019 at 5:59:53 PM UTC-5, John B. Slocomb wrote: so here is a quote that Brandt made back in the glory days: . Oh, you mean this guy: Thomas H Munich, Born: Oct 1944 3539 Monterey Blvd San Alejandro CA94578 510) 351-3807 http://tinyurl.com/8rwo2 I thought we had gotten over him, now that we have other contributors who are equally rude and obnoxious, always carping while offering no useful information. A few names come to mind. Jobs Brandt , DEC 26, 2005 Kind of unrelated to the content of this thread. But looking at this Jobst quote, the guy he is complaining about is only 61 when written. I am pretty sure ALL of the dirty old *******s I ride with are at least that old. I'm the youngster, and I'm not that young anymore. Sadly. Its very depressing that everyone is so F---ing old now. Yes, he was born in 1944 and is this year 75 years old and as a general statement males seem to become more garrulous with age, and Brandt describes the chap as being rude, obnoxious and always carping, which appear to be an apt description today. :-) -- Cheers, John B. "equally rude and obnoxious, always carping" Huh I was thinking Joe Biden who will turn 77 this year. Joseph Robinette Biden Jr. born November 20, 1942, ex V.P I read that: "Whatever else one thinks of Joe Biden, the speech he delivered in New York on Thursday showed him to be the only Democratic candidate with his own vision on foreign policy and a full understanding of just how badly President Donald Trump's vision is damaging U.S. interests and values around the world." _________________________ From here it is easy to see the results of the Trump "foreign policy" in other countries and one thing that is happening is that more and more exports, and likely imports, from at least Thailand and Cambodia are going to China now as opposed to the U.S. And China is funneling money into both countries both in the form of low cost loans and by opening manufacturing businesses which, of course, contributes to the local economy both in the form of taxes and by employing more locals. Even Australia, the news yesterday recently, is considering developing nuclear weapons as the U.S. foreign policy seems to be very "wobbly" https://www.bangkokpost.com/world/17...uclear-weapons I see in today's paper that for 2019 US imports from China are down 13% while imports from ROK are up 13%, from ROC up 23%, from Vietnam up 37% and so on. Only one of the aforementioned countries has four supercarrier keels down with a goal of challenging USN. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 My website search has a slightly different number. "The Associated Press reported Friday that Chinese imports from the U.S. were down 31.4 percent from the same time last year, U.S. imports from China dropped by a far lower rate โ down just 7.8 percent over last year." So it seems Trump has made the trade war much worse with his actions. We are hurting China by buying 7.8% less of their goods. Yeah Trump. But hurting USA companies even more by selling 31.4% less to China. I'm sure for 3-4 time bankrupt Trump that means he is winning. Cut off China's pinky finger. Cut off the USA hand. Winning!!! Another economist steps forward with his educated ideas. We are buying less from China because Americans are buying more from America. This probably is something you cannot fathom. Moreover, since we are keeping more money in America we have less need to sell to foreign countries. China HAS made a commitment to partake seriously in trade treaty negotiations. It's plain that you don't understand anything about anything like all of the other idiot millennials. Right Tom, more from America! Do you remember when they were building the bridge across the bay and someone complained about why they were buying steel from China? And the answer was that the steel structures were not available in the U.S. Do you know that the largest investor in U.S. government bonds, of all the countries in the world, is China. Some 1.11 Trillion dollars worth. Which is to say that the U.S. owes China 1.11 trillion dollars. As of January, 2019 there was approximately $1.70 trillion in U.S. currency in circulation. So the U.S. owes China an amount equal to 65% of all the U.S. currency in circulation. Can you guess what would be the effect of China demanding that the U.S. pay up? Do you know anything? -- cheers, John B. It's not an accident. There's no reason in hell China should be in WTO or granted MFN. A decasdes long pattern of predatory behavior centered on IP theft and administrative barriers more draconian than tariffs coonclude China's pattern of never in any instance complying with any treaty, military or commercial. And yet they do indeed have cash to throw around, enough to build a Navy with a long range plan to use it. All financed by my neighbors who can't resist 23c off for a crappy WalMart gadget with a US flag on it. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 You're correct about the Most Favored Nation status. John doesn't seem to understand that not only does the US have the capability of making steel but the necessary skills at making BETTER steel. There was absolutely NO REASON that China should have been awarded the Oakland Bay Bridge contract. Firstly the bids with the American company were almost identical. And then after they got the contract the Chinese company redesigned the structure and more than doubled their original contract price. After it was completed every single piece of steel in the bridge was substantially sub-standard. Even the suspension wires are below standard plus they ends were improperly capped and the rain that we had flooded the suspension wires so that they are showing rust. Tom, I find that very difficult to believe unless you are rally saying hat the people who were talked with overseeing the construction of the bridge were incompetent or taking bribes. And I am saying that from experience with a number of international oil companies. They demand, and check, detail's of the materials supplied and all the work accomplished. For example, I once constructed some 15 miles of gas pipe line and as part of the contract was required to supply all design specifications and physical layout, specifications of the pipe and the material the pipe was made from had to be supplied, every welder had to be certified as competent by a 3rd party inspector, the welding rod was specified by the company, every weld was required to be marked for identification and x-rayed and the films had to be furnished to the company. The pressure tests were witnessed by both the" company man" and a 3rd party inspector, and finally after it was built, it had to have an operational test where we pumped water through the line and pressure readings were taken at both the inlet and outlet. And, I might add, this was/is a standard practice in the business. And you are telling me that the California department of whoever didn't do this? or are you lying again? -- cheers, John B. Now I don't even believe that you were a construction foreman. |
#93
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So Long Tubulars?
On Sat, 13 Jul 2019 13:31:11 -0700 (PDT), Tom Kunich
wrote: On Friday, July 12, 2019 at 4:56:17 PM UTC-7, jbeattie wrote: On Friday, July 12, 2019 at 3:24:57 PM UTC-7, AMuzi wrote: On 7/12/2019 4:07 PM, jbeattie wrote: On Friday, July 12, 2019 at 1:35:11 PM UTC-7, Tom Kunich wrote: On Friday, July 12, 2019 at 1:13:57 PM UTC-7, wrote: On Thursday, July 11, 2019 at 8:52:26 PM UTC-5, AMuzi wrote: On 7/11/2019 8:26 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 19:39:03 -0500, AMuzi wrote: On 7/11/2019 5:44 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 00:01:27 -0700 (PDT), " wrote: On Wednesday, July 10, 2019 at 5:59:53 PM UTC-5, John B. Slocomb wrote: so here is a quote that Brandt made back in the glory days: . Oh, you mean this guy: Thomas H Munich, Born: Oct 1944 3539 Monterey Blvd San Alejandro CA94578 510) 351-3807 http://tinyurl.com/8rwo2 I thought we had gotten over him, now that we have other contributors who are equally rude and obnoxious, always carping while offering no useful information. A few names come to mind. Jobs Brandt , DEC 26, 2005 Kind of unrelated to the content of this thread. But looking at this Jobst quote, the guy he is complaining about is only 61 when written. I am pretty sure ALL of the dirty old *******s I ride with are at least that old. I'm the youngster, and I'm not that young anymore. Sadly. Its very depressing that everyone is so F---ing old now. Yes, he was born in 1944 and is this year 75 years old and as a general statement males seem to become more garrulous with age, and Brandt describes the chap as being rude, obnoxious and always carping, which appear to be an apt description today. :-) -- Cheers, John B. "equally rude and obnoxious, always carping" Huh I was thinking Joe Biden who will turn 77 this year. Joseph Robinette Biden Jr. born November 20, 1942, ex V.P I read that: "Whatever else one thinks of Joe Biden, the speech he delivered in New York on Thursday showed him to be the only Democratic candidate with his own vision on foreign policy and a full understanding of just how badly President Donald Trump's vision is damaging U.S. interests and values around the world." _________________________ From here it is easy to see the results of the Trump "foreign policy" in other countries and one thing that is happening is that more and more exports, and likely imports, from at least Thailand and Cambodia are going to China now as opposed to the U.S. And China is funneling money into both countries both in the form of low cost loans and by opening manufacturing businesses which, of course, contributes to the local economy both in the form of taxes and by employing more locals. Even Australia, the news yesterday recently, is considering developing nuclear weapons as the U.S. foreign policy seems to be very "wobbly" https://www.bangkokpost.com/world/17...uclear-weapons I see in today's paper that for 2019 US imports from China are down 13% while imports from ROK are up 13%, from ROC up 23%, from Vietnam up 37% and so on. Only one of the aforementioned countries has four supercarrier keels down with a goal of challenging USN. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 My website search has a slightly different number. "The Associated Press reported Friday that Chinese imports from the U.S. were down 31.4 percent from the same time last year, U.S. imports from China dropped by a far lower rate โ down just 7.8 percent over last year." So it seems Trump has made the trade war much worse with his actions. We are hurting China by buying 7.8% less of their goods. Yeah Trump. But hurting USA companies even more by selling 31.4% less to China. I'm sure for 3-4 time bankrupt Trump that means he is winning. Cut off China's pinky finger. Cut off the USA hand. Winning!!! Another economist steps forward with his educated ideas. We are buying less from China because Americans are buying more from America. This probably is something you cannot fathom. Moreover, since we are keeping more money in America we have less need to sell to foreign countries. That doesn't even make sense. We're not buying significantly more American products because most of the products from China apart from steel are no longer manufactured here, like most things at Walmart. We're now buying that stuff from ROC, Vietnam, Toadsuckistan -- or the same Chinese stuff is being rerouted through those countries. Just as much money is leaving the country, but its going different places. And more money is leaving American pockets to pay the tariffs. http://money.com/money/5646202/costc...ina-trade-war/ Also, tell the farmers about "not needing" to sell to foreign countries. Your tax dollars are now bailing them out. More farm welfare to promote over-production. BTW, you don't have any idea of how quickly a US-based company can shift production to another country. Your MAGA hat and Donald Trump tie are now made in Viet Nam instead of China. I ride regularly with two executives who have domestic companies with manufacturing in China. For one, it took only a few months to shift the whole operation to Viet Nam. China should be spanked for its anti-competitive conduct and misappropriation of US IP, but don't think the dopey tariff war is the way to do it. Tariffs are just how Trump is filling budget holes with the massive reduction in the corporate rate and other give-aways to the rich and famous. Once again, ordinary Joe pays. -- Jay Beattie. China HAS made a commitment to partake seriously in trade treaty negotiations. It's plain that you don't understand anything about anything like all of the other idiot millennials. +1 nicely done. That said, what do you suggest after several successive POTUSes and Congresses have ignored the problems? As with the open-border mess, he's left with only a hammer which doesn't make the problem into a nail; he just likes pounding. I don't have an answer either, but to the extent that Xi doesn't like tariffs and the domestic China economy has weakened, I'll reflect on it before screaming. I do not have the qualifications to formulate a solution, but based on what I know, perhaps targeted sanctions rather than shot-gun tariffs. Go after their tech sector -- work with our world partners. Diplomacy. The usual stuff. Some of this will solve itself as it becomes less economic to produce products in China. Other Asian nations do not have the same forced technology transfer policies. Cheap shirts are already going elsewhere. Machines are making more stuff. A close friend in the '70s was (and is) a frame builder in San Jose, and I remember talking to him about the great Satan China and how we should work to make it a democratic, capitalist country -- the Nixon in China thing. His preference was to keep it closed and communist because it would crush us in the markets. Maybe Nixon should have stayed home. It's kind of hard to stuff the worms back into the can, particularly since we've grown so fond of worms. -- Jay Beattie. President Trump's policies ARE hurting China and they have agreed to serious negotiations for a fair trade treaty. Hurting, but to what extent? Firstly, the Chinese government isn't never going to enter into any agreement that makes them "lose face", you can be sure of that. And,secondly, the Chinese economy grew 6.6% in 2018 and the U.S. economy grew 2.7%, and I read that the highest U.S. growth since 1990 was in 1999 with a 4.8% growth. Just how badly is China really hurting? Is a 6.6% growth hurting? As an aside Thailand expects an increase in Chinese tourists this year. To quote some figures: in 2017 some 9,000,000 Chinese tourists visited Thailand . In 2018 Chinese amounted to some 10 million. Does this sound like the Chinese economy is failing? -- cheers, John B. |
#94
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So Long Tubulars?
On Sat, 13 Jul 2019 16:38:55 -0700 (PDT), Tom Kunich
wrote: On Saturday, July 13, 2019 at 4:18:48 PM UTC-7, John B. wrote: By the way, what is an "oil field lumper" I worked around the oil field both drilling rigs and production fields for many years and have never hear the term. Tower chiefs, Drillers, Tool Pusher, Roustabouts, Roughnecks, Welders, Mechanics, Motorman, yes. But no "lumpers". Tell me, what does a lumper do? Are you telling lies again? According to the man who was speaking, it was maintaining the machinery to keep the wells pumping. I find it very strange that you pretend to know about oil wells but only vague references to the DRILLING of a well as if that is all there is to oil wells. Well I said above "I worked around the oil field both drilling rigs and production fields for many years" and I never heard the term "Lumper" used by companies like Union Oil, Cal-Tex, Arco, BP, Mobile, etc. I even tried to look it up in a employment agency in the Texas oil fields and the only job I can find that even sounds like "Lumber" is the term "Pumper" which is said to be a term for a guy that: Perform basic to intermediate level pumping skills which include but not limited to: tank gauging, the proper operation of heater/treaters and 3 phase separators, and all attendant valve and oil seals and seal records Ability to repair equipment as needed Operate properties to ensure all regulatory, environmental and safety compliance issues and goals are met Daily production reporting and scheduling of oil and produced water movement Seek ways to reduce direct lease operating expenses by noting problems and/or recommending courses of actions to supervisor Operate wells and artificial lift methods to optimize production Work on all types of production equipment, pump valves, treater dump valves, gas regulators, etc. Identify potential problems Monitor chemical and lubricating oil usage at wells Various other field related activities as required by supervisor Operate a vehicle safely in all weather conditions The pay is said to be in the neighborhood of $50,695 in Lubbock Texas and less in other parts of the state. I'm trying to figure out how you can be an Air Force lifer, worked around oil wells and tell us that you were an engineer. I still think that you were nothing more than what my uncle Harry Herz was - a construction foreman. Good Lord! I was 40 years old when I retired as a Master Sergeant from the Air Force and went to work. I worked about a year for a contractor in N.E. Thailand maintain a USAF airbase at Udorn Thailand and than went to work in Indonesia. The first job I had there was building drilling sites in a really remote part of Iran Jaya (now called West Papua) in an area that is called the bird's head area. I worked about 20 years for the company and retired as Manager of the "Operations Division" (the branch that did construction work mostly,and had the highest income) The company called me back to build a smallish gas refinery in central Java. So I was in my 60's when I retired again. I then bought a 40 ft sloop and sailed around S.E.A for another ten years and than finally really retired. Lets see, what else. I married my present wife in 1972 and we have one son ands two grand kids. -- cheers, John B. |
#95
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So Long Tubulars?
On Sat, 13 Jul 2019 17:25:05 -0700 (PDT), Tom Kunich
wrote: On Saturday, July 13, 2019 at 4:51:22 PM UTC-7, John B. wrote: On Sat, 13 Jul 2019 13:29:43 -0700 (PDT), Tom Kunich wrote: On Friday, July 12, 2019 at 4:56:16 PM UTC-7, AMuzi wrote: On 7/12/2019 5:52 PM, John B. wrote: On Fri, 12 Jul 2019 13:35:09 -0700 (PDT), Tom Kunich wrote: On Friday, July 12, 2019 at 1:13:57 PM UTC-7, wrote: On Thursday, July 11, 2019 at 8:52:26 PM UTC-5, AMuzi wrote: On 7/11/2019 8:26 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 19:39:03 -0500, AMuzi wrote: On 7/11/2019 5:44 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 00:01:27 -0700 (PDT), " wrote: On Wednesday, July 10, 2019 at 5:59:53 PM UTC-5, John B. Slocomb wrote: so here is a quote that Brandt made back in the glory days: . Oh, you mean this guy: Thomas H Munich, Born: Oct 1944 3539 Monterey Blvd San Alejandro CA94578 510) 351-3807 http://tinyurl.com/8rwo2 I thought we had gotten over him, now that we have other contributors who are equally rude and obnoxious, always carping while offering no useful information. A few names come to mind. Jobs Brandt , DEC 26, 2005 Kind of unrelated to the content of this thread. But looking at this Jobst quote, the guy he is complaining about is only 61 when written. I am pretty sure ALL of the dirty old *******s I ride with are at least that old. I'm the youngster, and I'm not that young anymore. Sadly. Its very depressing that everyone is so F---ing old now. Yes, he was born in 1944 and is this year 75 years old and as a general statement males seem to become more garrulous with age, and Brandt describes the chap as being rude, obnoxious and always carping, which appear to be an apt description today. :-) -- Cheers, John B. "equally rude and obnoxious, always carping" Huh I was thinking Joe Biden who will turn 77 this year. Joseph Robinette Biden Jr. born November 20, 1942, ex V.P I read that: "Whatever else one thinks of Joe Biden, the speech he delivered in New York on Thursday showed him to be the only Democratic candidate with his own vision on foreign policy and a full understanding of just how badly President Donald Trump's vision is damaging U.S. interests and values around the world." _________________________ From here it is easy to see the results of the Trump "foreign policy" in other countries and one thing that is happening is that more and more exports, and likely imports, from at least Thailand and Cambodia are going to China now as opposed to the U.S. And China is funneling money into both countries both in the form of low cost loans and by opening manufacturing businesses which, of course, contributes to the local economy both in the form of taxes and by employing more locals. Even Australia, the news yesterday recently, is considering developing nuclear weapons as the U.S. foreign policy seems to be very "wobbly" https://www.bangkokpost.com/world/17...uclear-weapons I see in today's paper that for 2019 US imports from China are down 13% while imports from ROK are up 13%, from ROC up 23%, from Vietnam up 37% and so on. Only one of the aforementioned countries has four supercarrier keels down with a goal of challenging USN. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 My website search has a slightly different number. "The Associated Press reported Friday that Chinese imports from the U.S. were down 31.4 percent from the same time last year, U.S. imports from China dropped by a far lower rate down just 7.8 percent over last year." So it seems Trump has made the trade war much worse with his actions. We are hurting China by buying 7.8% less of their goods. Yeah Trump. But hurting USA companies even more by selling 31.4% less to China. I'm sure for 3-4 time bankrupt Trump that means he is winning. Cut off China's pinky finger. Cut off the USA hand. Winning!!! Another economist steps forward with his educated ideas. We are buying less from China because Americans are buying more from America. This probably is something you cannot fathom. Moreover, since we are keeping more money in America we have less need to sell to foreign countries. China HAS made a commitment to partake seriously in trade treaty negotiations. It's plain that you don't understand anything about anything like all of the other idiot millennials. Right Tom, more from America! Do you remember when they were building the bridge across the bay and someone complained about why they were buying steel from China? And the answer was that the steel structures were not available in the U.S. Do you know that the largest investor in U.S. government bonds, of all the countries in the world, is China. Some 1.11 Trillion dollars worth. Which is to say that the U.S. owes China 1.11 trillion dollars. As of January, 2019 there was approximately $1.70 trillion in U.S. currency in circulation. So the U.S. owes China an amount equal to 65% of all the U.S. currency in circulation. Can you guess what would be the effect of China demanding that the U.S. pay up? Do you know anything? -- cheers, John B. It's not an accident. There's no reason in hell China should be in WTO or granted MFN. A decasdes long pattern of predatory behavior centered on IP theft and administrative barriers more draconian than tariffs coonclude China's pattern of never in any instance complying with any treaty, military or commercial. And yet they do indeed have cash to throw around, enough to build a Navy with a long range plan to use it. All financed by my neighbors who can't resist 23c off for a crappy WalMart gadget with a US flag on it. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 You're correct about the Most Favored Nation status. John doesn't seem to understand that not only does the US have the capability of making steel but the necessary skills at making BETTER steel. There was absolutely NO REASON that China should have been awarded the Oakland Bay Bridge contract. Firstly the bids with the American company were almost identical. And then after they got the contract the Chinese company redesigned the structure and more than doubled their original contract price. After it was completed every single piece of steel in the bridge was substantially sub-standard. Even the suspension wires are below standard plus they ends were improperly capped and the rain that we had flooded the suspension wires so that they are showing rust. Tom, I find that very difficult to believe unless you are rally saying hat the people who were talked with overseeing the construction of the bridge were incompetent or taking bribes. And I am saying that from experience with a number of international oil companies. They demand, and check, detail's of the materials supplied and all the work accomplished. For example, I once constructed some 15 miles of gas pipe line and as part of the contract was required to supply all design specifications and physical layout, specifications of the pipe and the material the pipe was made from had to be supplied, every welder had to be certified as competent by a 3rd party inspector, the welding rod was specified by the company, every weld was required to be marked for identification and x-rayed and the films had to be furnished to the company. The pressure tests were witnessed by both the" company man" and a 3rd party inspector, and finally after it was built, it had to have an operational test where we pumped water through the line and pressure readings were taken at both the inlet and outlet. And, I might add, this was/is a standard practice in the business. And you are telling me that the California department of whoever didn't do this? or are you lying again? -- cheers, John B. Now I don't even believe that you were a construction foreman. Tom, hate to tell you but nobody gives a rats ass what you think. You've lied and than weaseled your way out by changing the subject and going off at a tangent and insulting those that don't believe the lurid fantasies that you post as facts. In fact I would black-list you except that you apparently voted for Trump and it is interesting ( in a sick sort of way) to watch the antics of one of his supporters. -- cheers, John B. |
#96
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So Long Tubulars?
On Friday, July 12, 2019 at 3:35:11 PM UTC-5, Tom Kunich wrote:
On Friday, July 12, 2019 at 1:13:57 PM UTC-7, wrote: On Thursday, July 11, 2019 at 8:52:26 PM UTC-5, AMuzi wrote: On 7/11/2019 8:26 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 19:39:03 -0500, AMuzi wrote: On 7/11/2019 5:44 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 00:01:27 -0700 (PDT), " wrote: On Wednesday, July 10, 2019 at 5:59:53 PM UTC-5, John B. Slocomb wrote: so here is a quote that Brandt made back in the glory days: . Oh, you mean this guy: Thomas H Munich, Born: Oct 1944 3539 Monterey Blvd San Alejandro CA94578 510) 351-3807 http://tinyurl.com/8rwo2 I thought we had gotten over him, now that we have other contributors who are equally rude and obnoxious, always carping while offering no useful information. A few names come to mind. Jobs Brandt , DEC 26, 2005 Kind of unrelated to the content of this thread. But looking at this Jobst quote, the guy he is complaining about is only 61 when written. I am pretty sure ALL of the dirty old *******s I ride with are at least that old. I'm the youngster, and I'm not that young anymore. Sadly. Its very depressing that everyone is so F---ing old now. Yes, he was born in 1944 and is this year 75 years old and as a general statement males seem to become more garrulous with age, and Brandt describes the chap as being rude, obnoxious and always carping, which appear to be an apt description today. :-) -- Cheers, John B. "equally rude and obnoxious, always carping" Huh I was thinking Joe Biden who will turn 77 this year. Joseph Robinette Biden Jr. born November 20, 1942, ex V.P I read that: "Whatever else one thinks of Joe Biden, the speech he delivered in New York on Thursday showed him to be the only Democratic candidate with his own vision on foreign policy and a full understanding of just how badly President Donald Trump's vision is damaging U.S. interests and values around the world." _________________________ From here it is easy to see the results of the Trump "foreign policy" in other countries and one thing that is happening is that more and more exports, and likely imports, from at least Thailand and Cambodia are going to China now as opposed to the U.S. And China is funneling money into both countries both in the form of low cost loans and by opening manufacturing businesses which, of course, contributes to the local economy both in the form of taxes and by employing more locals. Even Australia, the news yesterday recently, is considering developing nuclear weapons as the U.S. foreign policy seems to be very "wobbly" https://www.bangkokpost.com/world/17...uclear-weapons I see in today's paper that for 2019 US imports from China are down 13% while imports from ROK are up 13%, from ROC up 23%, from Vietnam up 37% and so on. Only one of the aforementioned countries has four supercarrier keels down with a goal of challenging USN. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 My website search has a slightly different number. "The Associated Press reported Friday that Chinese imports from the U.S.. were down 31.4 percent from the same time last year, U.S. imports from China dropped by a far lower rate โ down just 7.8 percent over last year." So it seems Trump has made the trade war much worse with his actions. We are hurting China by buying 7.8% less of their goods. Yeah Trump. But hurting USA companies even more by selling 31.4% less to China. I'm sure for 3-4 time bankrupt Trump that means he is winning. Cut off China's pinky finger. Cut off the USA hand. Winning!!! Another economist steps forward with his educated ideas. No I do not have an economics degree. But I did study micro and macro economics to complete my degree. In another business subject. Your degree, knowledge expertise is in what? We are buying less from China because Americans are buying more from America. I suspect we just shifted who we are buying from to other SE Asian nations. Vietnam, Thailand, Korea, Malaysia, Indonesia. The USA has been importing more and more over the years, decades. Its a sign of a thriving economy. This probably is something you cannot fathom. Moreover, since we are keeping more money in America we have less need to sell to foreign countries. You clearly do not understand capitalism, the supposed USA economic system. "Less need to sell to foreign countries"? In capitalism, there is a desire to sell to anyone and everyone. No capitalist cares if its a foreign or domestic company buying the product. Capitalists just want to sell more and more. You have to remove the legal restrictions of selling certain stuff to certain people. If US Steel (X ticker symbol) can sell steel for the Golden Gate Bridge and sell steel for the 3 Gorges Dam, they will do it. They will not turn down the Dam sales because they are selling to USA bridges. USX will sell as much steel as they can to everyone in the world. There is no less need. Do you think the USA farmers getting rich on their Trump billion dollar subsidies have less need to sell their soybeans to China? China HAS made a commitment to partake seriously in trade treaty negotiations. We will see if anything good can come out of it. With Trump holding to his tariff stance, its doubtful. Are you going to make a good deal to sell your car to a man who is beating and raping your wife? It's plain that you don't understand anything about anything like all of the other idiot millennials. 50 year olds are millennials? Is this something you made up kind of like you make up about everything you write on this newsgroup? I understand facts are evil to you people. But do try using them once in awhile. |
#97
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So Long Tubulars?
On Friday, July 12, 2019 at 5:24:57 PM UTC-5, AMuzi wrote:
On 7/12/2019 4:07 PM, jbeattie wrote: On Friday, July 12, 2019 at 1:35:11 PM UTC-7, Tom Kunich wrote: On Friday, July 12, 2019 at 1:13:57 PM UTC-7, wrote: On Thursday, July 11, 2019 at 8:52:26 PM UTC-5, AMuzi wrote: On 7/11/2019 8:26 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 19:39:03 -0500, AMuzi wrote: On 7/11/2019 5:44 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 00:01:27 -0700 (PDT), " wrote: On Wednesday, July 10, 2019 at 5:59:53 PM UTC-5, John B. Slocomb wrote: so here is a quote that Brandt made back in the glory days: . Oh, you mean this guy: Thomas H Munich, Born: Oct 1944 3539 Monterey Blvd San Alejandro CA94578 510) 351-3807 http://tinyurl.com/8rwo2 I thought we had gotten over him, now that we have other contributors who are equally rude and obnoxious, always carping while offering no useful information. A few names come to mind. Jobs Brandt , DEC 26, 2005 Kind of unrelated to the content of this thread. But looking at this Jobst quote, the guy he is complaining about is only 61 when written. I am pretty sure ALL of the dirty old *******s I ride with are at least that old. I'm the youngster, and I'm not that young anymore. Sadly. Its very depressing that everyone is so F---ing old now. Yes, he was born in 1944 and is this year 75 years old and as a general statement males seem to become more garrulous with age, and Brandt describes the chap as being rude, obnoxious and always carping, which appear to be an apt description today. :-) -- Cheers, John B. "equally rude and obnoxious, always carping" Huh I was thinking Joe Biden who will turn 77 this year. Joseph Robinette Biden Jr. born November 20, 1942, ex V.P I read that: "Whatever else one thinks of Joe Biden, the speech he delivered in New York on Thursday showed him to be the only Democratic candidate with his own vision on foreign policy and a full understanding of just how badly President Donald Trump's vision is damaging U.S. interests and values around the world." _________________________ From here it is easy to see the results of the Trump "foreign policy" in other countries and one thing that is happening is that more and more exports, and likely imports, from at least Thailand and Cambodia are going to China now as opposed to the U.S. And China is funneling money into both countries both in the form of low cost loans and by opening manufacturing businesses which, of course, contributes to the local economy both in the form of taxes and by employing more locals. Even Australia, the news yesterday recently, is considering developing nuclear weapons as the U.S. foreign policy seems to be very "wobbly" https://www.bangkokpost.com/world/17...uclear-weapons I see in today's paper that for 2019 US imports from China are down 13% while imports from ROK are up 13%, from ROC up 23%, from Vietnam up 37% and so on. Only one of the aforementioned countries has four supercarrier keels down with a goal of challenging USN. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 My website search has a slightly different number. "The Associated Press reported Friday that Chinese imports from the U..S. were down 31.4 percent from the same time last year, U.S. imports from China dropped by a far lower rate รขโฌโ down just 7.8 percent over last year." So it seems Trump has made the trade war much worse with his actions. We are hurting China by buying 7.8% less of their goods. Yeah Trump. But hurting USA companies even more by selling 31.4% less to China. I'm sure for 3-4 time bankrupt Trump that means he is winning. Cut off China's pinky finger. Cut off the USA hand. Winning!!! Another economist steps forward with his educated ideas. We are buying less from China because Americans are buying more from America. This probably is something you cannot fathom. Moreover, since we are keeping more money in America we have less need to sell to foreign countries. That doesn't even make sense. We're not buying significantly more American products because most of the products from China apart from steel are no longer manufactured here, like most things at Walmart. We're now buying that stuff from ROC, Vietnam, Toadsuckistan -- or the same Chinese stuff is being rerouted through those countries. Just as much money is leaving the country, but its going different places. And more money is leaving American pockets to pay the tariffs. http://money.com/money/5646202/costc...ina-trade-war/ Also, tell the farmers about "not needing" to sell to foreign countries. Your tax dollars are now bailing them out. More farm welfare to promote over-production. BTW, you don't have any idea of how quickly a US-based company can shift production to another country. Your MAGA hat and Donald Trump tie are now made in Viet Nam instead of China. I ride regularly with two executives who have domestic companies with manufacturing in China. For one, it took only a few months to shift the whole operation to Viet Nam. China should be spanked for its anti-competitive conduct and misappropriation of US IP, but don't think the dopey tariff war is the way to do it. Tariffs are just how Trump is filling budget holes with the massive reduction in the corporate rate and other give-aways to the rich and famous. Once again, ordinary Joe pays. -- Jay Beattie. China HAS made a commitment to partake seriously in trade treaty negotiations. It's plain that you don't understand anything about anything like all of the other idiot millennials. +1 nicely done. That said, what do you suggest after several successive POTUSes and Congresses have ignored the problems? As with the open-border mess, he's left with only a hammer which doesn't make the problem into a nail; he just likes pounding. I don't have an answer either, but to the extent that Xi doesn't like tariffs and the domestic China economy has weakened, I'll reflect on it before screaming. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 Andy, how much of your business is Chinese? I don't mean selling to Chinese customers or employing Chinese bike mechanics. But of all the products you sell, how much is made in China? I think almost all Shimano products are Chinese made. FSA and most of the other brands are Chinese. I think Campagnolo makes their stuff in China too. Except for a few boutique high dollar frames, China. Tires and tubes are China. I think Korea, Thailand, Vietnam get some of the business too. The parts portion of the bike industry is Chinese. Love it, hate it. But that is reality today. Your service sales are USA. Guessing you are not employing too many illegal immigrants who snuck down from Canada. And that kind of illustrates a big trend in USA business over the past number of decades. USA exports to the rest of the world is services. Not manufactured products. We are selling minds and ideas and services and people. Not factory stuff. The cheap dumb backward countries are making the stuff. I've seen articles on the trade imbalance. When you add in services the USA sells to the rest of the world, the trade imbalance drops a lot. Its not much of an imbalance at all. But that does not make as good a headline and isn't as easy to grasp for the uneducated masses. "THEY sell more stuff to us than THEY buy from us. Bad bad bad." |
#98
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So Long Tubulars?
On Sun, 14 Jul 2019 01:08:12 -0700 (PDT), "
wrote: On Friday, July 12, 2019 at 3:35:11 PM UTC-5, Tom Kunich wrote: On Friday, July 12, 2019 at 1:13:57 PM UTC-7, wrote: On Thursday, July 11, 2019 at 8:52:26 PM UTC-5, AMuzi wrote: On 7/11/2019 8:26 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 19:39:03 -0500, AMuzi wrote: On 7/11/2019 5:44 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 00:01:27 -0700 (PDT), " wrote: On Wednesday, July 10, 2019 at 5:59:53 PM UTC-5, John B. Slocomb wrote: so here is a quote that Brandt made back in the glory days: . Oh, you mean this guy: Thomas H Munich, Born: Oct 1944 3539 Monterey Blvd San Alejandro CA94578 510) 351-3807 http://tinyurl.com/8rwo2 I thought we had gotten over him, now that we have other contributors who are equally rude and obnoxious, always carping while offering no useful information. A few names come to mind. Jobs Brandt , DEC 26, 2005 Kind of unrelated to the content of this thread. But looking at this Jobst quote, the guy he is complaining about is only 61 when written. I am pretty sure ALL of the dirty old *******s I ride with are at least that old. I'm the youngster, and I'm not that young anymore. Sadly. Its very depressing that everyone is so F---ing old now. Yes, he was born in 1944 and is this year 75 years old and as a general statement males seem to become more garrulous with age, and Brandt describes the chap as being rude, obnoxious and always carping, which appear to be an apt description today. :-) -- Cheers, John B. "equally rude and obnoxious, always carping" Huh I was thinking Joe Biden who will turn 77 this year. Joseph Robinette Biden Jr. born November 20, 1942, ex V.P I read that: "Whatever else one thinks of Joe Biden, the speech he delivered in New York on Thursday showed him to be the only Democratic candidate with his own vision on foreign policy and a full understanding of just how badly President Donald Trump's vision is damaging U.S. interests and values around the world." _________________________ From here it is easy to see the results of the Trump "foreign policy" in other countries and one thing that is happening is that more and more exports, and likely imports, from at least Thailand and Cambodia are going to China now as opposed to the U.S. And China is funneling money into both countries both in the form of low cost loans and by opening manufacturing businesses which, of course, contributes to the local economy both in the form of taxes and by employing more locals. Even Australia, the news yesterday recently, is considering developing nuclear weapons as the U.S. foreign policy seems to be very "wobbly" https://www.bangkokpost.com/world/17...uclear-weapons I see in today's paper that for 2019 US imports from China are down 13% while imports from ROK are up 13%, from ROC up 23%, from Vietnam up 37% and so on. Only one of the aforementioned countries has four supercarrier keels down with a goal of challenging USN. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 My website search has a slightly different number. "The Associated Press reported Friday that Chinese imports from the U.S. were down 31.4 percent from the same time last year, U.S. imports from China dropped by a far lower rate down just 7.8 percent over last year." So it seems Trump has made the trade war much worse with his actions. We are hurting China by buying 7.8% less of their goods. Yeah Trump. But hurting USA companies even more by selling 31.4% less to China. I'm sure for 3-4 time bankrupt Trump that means he is winning. Cut off China's pinky finger. Cut off the USA hand. Winning!!! Another economist steps forward with his educated ideas. No I do not have an economics degree. But I did study micro and macro economics to complete my degree. In another business subject. Your degree, knowledge expertise is in what? Neither does Jef Bezos or Bill Gates :-) We are buying less from China because Americans are buying more from America. I suspect we just shifted who we are buying from to other SE Asian nations. Vietnam, Thailand, Korea, Malaysia, Indonesia. The USA has been importing more and more over the years, decades. Its a sign of a thriving economy. This probably is something you cannot fathom. Moreover, since we are keeping more money in America we have less need to sell to foreign countries. You clearly do not understand capitalism, the supposed USA economic system. "Less need to sell to foreign countries"? In capitalism, there is a desire to sell to anyone and everyone. No capitalist cares if its a foreign or domestic company buying the product. Capitalists just want to sell more and more. You have to remove the legal restrictions of selling certain stuff to certain people. If US Steel (X ticker symbol) can sell steel for the Golden Gate Bridge and sell steel for the 3 Gorges Dam, they will do it. They will not turn down the Dam sales because they are selling to USA bridges. USX will sell as much steel as they can to everyone in the world. There is no less need. Do you think the USA farmers getting rich on their Trump billion dollar subsidies have less need to sell their soybeans to China? China HAS made a commitment to partake seriously in trade treaty negotiations. We will see if anything good can come out of it. With Trump holding to his tariff stance, its doubtful. Are you going to make a good deal to sell your car to a man who is beating and raping your wife? It's plain that you don't understand anything about anything like all of the other idiot millennials. 50 year olds are millennials? Is this something you made up kind of like you make up about everything you write on this newsgroup? I understand facts are evil to you people. But do try using them once in awhile. -- cheers, John B. |
#99
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So Long Tubulars?
On Sun, 14 Jul 2019 01:22:05 -0700 (PDT), "
wrote: On Friday, July 12, 2019 at 5:24:57 PM UTC-5, AMuzi wrote: On 7/12/2019 4:07 PM, jbeattie wrote: On Friday, July 12, 2019 at 1:35:11 PM UTC-7, Tom Kunich wrote: On Friday, July 12, 2019 at 1:13:57 PM UTC-7, wrote: On Thursday, July 11, 2019 at 8:52:26 PM UTC-5, AMuzi wrote: On 7/11/2019 8:26 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 19:39:03 -0500, AMuzi wrote: On 7/11/2019 5:44 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 00:01:27 -0700 (PDT), " wrote: On Wednesday, July 10, 2019 at 5:59:53 PM UTC-5, John B. Slocomb wrote: so here is a quote that Brandt made back in the glory days: . Oh, you mean this guy: Thomas H Munich, Born: Oct 1944 3539 Monterey Blvd San Alejandro CA94578 510) 351-3807 http://tinyurl.com/8rwo2 I thought we had gotten over him, now that we have other contributors who are equally rude and obnoxious, always carping while offering no useful information. A few names come to mind. Jobs Brandt , DEC 26, 2005 Kind of unrelated to the content of this thread. But looking at this Jobst quote, the guy he is complaining about is only 61 when written. I am pretty sure ALL of the dirty old *******s I ride with are at least that old. I'm the youngster, and I'm not that young anymore. Sadly. Its very depressing that everyone is so F---ing old now. Yes, he was born in 1944 and is this year 75 years old and as a general statement males seem to become more garrulous with age, and Brandt describes the chap as being rude, obnoxious and always carping, which appear to be an apt description today. :-) -- Cheers, John B. "equally rude and obnoxious, always carping" Huh I was thinking Joe Biden who will turn 77 this year. Joseph Robinette Biden Jr. born November 20, 1942, ex V.P I read that: "Whatever else one thinks of Joe Biden, the speech he delivered in New York on Thursday showed him to be the only Democratic candidate with his own vision on foreign policy and a full understanding of just how badly President Donald Trump's vision is damaging U.S. interests and values around the world." _________________________ From here it is easy to see the results of the Trump "foreign policy" in other countries and one thing that is happening is that more and more exports, and likely imports, from at least Thailand and Cambodia are going to China now as opposed to the U.S. And China is funneling money into both countries both in the form of low cost loans and by opening manufacturing businesses which, of course, contributes to the local economy both in the form of taxes and by employing more locals. Even Australia, the news yesterday recently, is considering developing nuclear weapons as the U.S. foreign policy seems to be very "wobbly" https://www.bangkokpost.com/world/17...uclear-weapons I see in today's paper that for 2019 US imports from China are down 13% while imports from ROK are up 13%, from ROC up 23%, from Vietnam up 37% and so on. Only one of the aforementioned countries has four supercarrier keels down with a goal of challenging USN. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 My website search has a slightly different number. "The Associated Press reported Friday that Chinese imports from the U.S. were down 31.4 percent from the same time last year, U.S. imports from China dropped by a far lower rate โ down just 7.8 percent over last year." So it seems Trump has made the trade war much worse with his actions. We are hurting China by buying 7.8% less of their goods. Yeah Trump. But hurting USA companies even more by selling 31.4% less to China. I'm sure for 3-4 time bankrupt Trump that means he is winning. Cut off China's pinky finger. Cut off the USA hand. Winning!!! Another economist steps forward with his educated ideas. We are buying less from China because Americans are buying more from America. This probably is something you cannot fathom. Moreover, since we are keeping more money in America we have less need to sell to foreign countries. That doesn't even make sense. We're not buying significantly more American products because most of the products from China apart from steel are no longer manufactured here, like most things at Walmart. We're now buying that stuff from ROC, Vietnam, Toadsuckistan -- or the same Chinese stuff is being rerouted through those countries. Just as much money is leaving the country, but its going different places. And more money is leaving American pockets to pay the tariffs. http://money.com/money/5646202/costc...ina-trade-war/ Also, tell the farmers about "not needing" to sell to foreign countries. Your tax dollars are now bailing them out. More farm welfare to promote over-production. BTW, you don't have any idea of how quickly a US-based company can shift production to another country. Your MAGA hat and Donald Trump tie are now made in Viet Nam instead of China. I ride regularly with two executives who have domestic companies with manufacturing in China. For one, it took only a few months to shift the whole operation to Viet Nam. China should be spanked for its anti-competitive conduct and misappropriation of US IP, but don't think the dopey tariff war is the way to do it. Tariffs are just how Trump is filling budget holes with the massive reduction in the corporate rate and other give-aways to the rich and famous. Once again, ordinary Joe pays. -- Jay Beattie. China HAS made a commitment to partake seriously in trade treaty negotiations. It's plain that you don't understand anything about anything like all of the other idiot millennials. +1 nicely done. That said, what do you suggest after several successive POTUSes and Congresses have ignored the problems? As with the open-border mess, he's left with only a hammer which doesn't make the problem into a nail; he just likes pounding. I don't have an answer either, but to the extent that Xi doesn't like tariffs and the domestic China economy has weakened, I'll reflect on it before screaming. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 Andy, how much of your business is Chinese? I don't mean selling to Chinese customers or employing Chinese bike mechanics. But of all the products you sell, how much is made in China? I think almost all Shimano products are Chinese made. FSA and most of the other brands are Chinese. I think Campagnolo makes their stuff in China too. Except for a few boutique high dollar frames, China. Tires and tubes are China. I think Korea, Thailand, Vietnam get some of the business too. The parts portion of the bike industry is Chinese. Love it, hate it. But that is reality today. Your service sales are USA. Guessing you are not employing too many illegal immigrants who snuck down from Canada. And that kind of illustrates a big trend in USA business over the past number of decades. USA exports to the rest of the world is services. Not manufactured products. We are selling minds and ideas and services and people. Not factory stuff. The cheap dumb backward countries are making the stuff. I've seen articles on the trade imbalance. When you add in services the USA sells to the rest of the world, the trade imbalance drops a lot. Its not much of an imbalance at all. But that does not make as good a headline and isn't as easy to grasp for the uneducated masses. "THEY sell more stuff to us than THEY buy from us. Bad bad bad." I'm not sure where all of Shimano's stuff is made but I know that they have, or had, a factory in Singapore and most of the stuff I've bought recently was marked "Made in Malaysia". Again while I don't know about the "services" I do know that U.S. company manufacture, directly, a lot of stuff in Thailand. While this probably cannot be counted in trade balance figures it certainly contributes to the host country's GDP, and it certainly does transfer technology to the host country. -- cheers, John B. |
#100
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So Long Tubulars?
On Sunday, July 14, 2019 at 2:16:11 AM UTC-4, John B. wrote:
On Sat, 13 Jul 2019 17:25:05 -0700 (PDT), Tom Kunich wrote: On Saturday, July 13, 2019 at 4:51:22 PM UTC-7, John B. wrote: On Sat, 13 Jul 2019 13:29:43 -0700 (PDT), Tom Kunich wrote: On Friday, July 12, 2019 at 4:56:16 PM UTC-7, AMuzi wrote: On 7/12/2019 5:52 PM, John B. wrote: On Fri, 12 Jul 2019 13:35:09 -0700 (PDT), Tom Kunich wrote: On Friday, July 12, 2019 at 1:13:57 PM UTC-7, wrote: On Thursday, July 11, 2019 at 8:52:26 PM UTC-5, AMuzi wrote: On 7/11/2019 8:26 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 19:39:03 -0500, AMuzi wrote: On 7/11/2019 5:44 PM, John B. Slocomb wrote: On Thu, 11 Jul 2019 00:01:27 -0700 (PDT), " wrote: On Wednesday, July 10, 2019 at 5:59:53 PM UTC-5, John B. Slocomb wrote: so here is a quote that Brandt made back in the glory days: . Oh, you mean this guy: Thomas H Munich, Born: Oct 1944 3539 Monterey Blvd San Alejandro CA94578 510) 351-3807 http://tinyurl.com/8rwo2 I thought we had gotten over him, now that we have other contributors who are equally rude and obnoxious, always carping while offering no useful information. A few names come to mind. Jobs Brandt , DEC 26, 2005 Kind of unrelated to the content of this thread. But looking at this Jobst quote, the guy he is complaining about is only 61 when written. I am pretty sure ALL of the dirty old *******s I ride with are at least that old. I'm the youngster, and I'm not that young anymore. Sadly. Its very depressing that everyone is so F---ing old now. Yes, he was born in 1944 and is this year 75 years old and as a general statement males seem to become more garrulous with age, and Brandt describes the chap as being rude, obnoxious and always carping, which appear to be an apt description today. :-) -- Cheers, John B. "equally rude and obnoxious, always carping" Huh I was thinking Joe Biden who will turn 77 this year. Joseph Robinette Biden Jr. born November 20, 1942, ex V.P I read that: "Whatever else one thinks of Joe Biden, the speech he delivered in New York on Thursday showed him to be the only Democratic candidate with his own vision on foreign policy and a full understanding of just how badly President Donald Trump's vision is damaging U.S. interests and values around the world." _________________________ From here it is easy to see the results of the Trump "foreign policy" in other countries and one thing that is happening is that more and more exports, and likely imports, from at least Thailand and Cambodia are going to China now as opposed to the U.S. And China is funneling money into both countries both in the form of low cost loans and by opening manufacturing businesses which, of course, contributes to the local economy both in the form of taxes and by employing more locals. Even Australia, the news yesterday recently, is considering developing nuclear weapons as the U.S. foreign policy seems to be very "wobbly" https://www.bangkokpost.com/world/17...uclear-weapons I see in today's paper that for 2019 US imports from China are down 13% while imports from ROK are up 13%, from ROC up 23%, from Vietnam up 37% and so on. Only one of the aforementioned countries has four supercarrier keels down with a goal of challenging USN. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 My website search has a slightly different number. "The Associated Press reported Friday that Chinese imports from the U.S. were down 31.4 percent from the same time last year, U.S. imports from China dropped by a far lower rate โ down just 7.8 percent over last year." So it seems Trump has made the trade war much worse with his actions. We are hurting China by buying 7.8% less of their goods. Yeah Trump. But hurting USA companies even more by selling 31.4% less to China. I'm sure for 3-4 time bankrupt Trump that means he is winning. Cut off China's pinky finger. Cut off the USA hand. Winning!!! Another economist steps forward with his educated ideas. We are buying less from China because Americans are buying more from America. This probably is something you cannot fathom. Moreover, since we are keeping more money in America we have less need to sell to foreign countries. China HAS made a commitment to partake seriously in trade treaty negotiations. It's plain that you don't understand anything about anything like all of the other idiot millennials. Right Tom, more from America! Do you remember when they were building the bridge across the bay and someone complained about why they were buying steel from China? And the answer was that the steel structures were not available in the U.S. Do you know that the largest investor in U.S. government bonds, of all the countries in the world, is China. Some 1.11 Trillion dollars worth. Which is to say that the U.S. owes China 1.11 trillion dollars. As of January, 2019 there was approximately $1.70 trillion in U.S. currency in circulation. So the U.S. owes China an amount equal to 65% of all the U.S. currency in circulation. Can you guess what would be the effect of China demanding that the U.S. pay up? Do you know anything? -- cheers, John B. It's not an accident. There's no reason in hell China should be in WTO or granted MFN. A decasdes long pattern of predatory behavior centered on IP theft and administrative barriers more draconian than tariffs coonclude China's pattern of never in any instance complying with any treaty, military or commercial. And yet they do indeed have cash to throw around, enough to build a Navy with a long range plan to use it. All financed by my neighbors who can't resist 23c off for a crappy WalMart gadget with a US flag on it. -- Andrew Muzi www.yellowjersey.org/ Open every day since 1 April, 1971 You're correct about the Most Favored Nation status. John doesn't seem to understand that not only does the US have the capability of making steel but the necessary skills at making BETTER steel. There was absolutely NO REASON that China should have been awarded the Oakland Bay Bridge contract. Firstly the bids with the American company were almost identical. And then after they got the contract the Chinese company redesigned the structure and more than doubled their original contract price. After it was completed every single piece of steel in the bridge was substantially sub-standard. Even the suspension wires are below standard plus they ends were improperly capped and the rain that we had flooded the suspension wires so that they are showing rust. Tom, I find that very difficult to believe unless you are rally saying hat the people who were talked with overseeing the construction of the bridge were incompetent or taking bribes. And I am saying that from experience with a number of international oil companies. They demand, and check, detail's of the materials supplied and all the work accomplished. For example, I once constructed some 15 miles of gas pipe line and as part of the contract was required to supply all design specifications and physical layout, specifications of the pipe and the material the pipe was made from had to be supplied, every welder had to be certified as competent by a 3rd party inspector, the welding rod was specified by the company, every weld was required to be marked for identification and x-rayed and the films had to be furnished to the company. The pressure tests were witnessed by both the" company man" and a 3rd party inspector, and finally after it was built, it had to have an operational test where we pumped water through the line and pressure readings were taken at both the inlet and outlet. And, I might add, this was/is a standard practice in the business. And you are telling me that the California department of whoever didn't do this? or are you lying again? -- cheers, John B. Now I don't even believe that you were a construction foreman. Tom, hate to tell you but nobody gives a rats ass what you think. You've lied and than weaseled your way out by changing the subject and going off at a tangent and insulting those that don't believe the lurid fantasies that you post as facts. In fact I would black-list you except that you apparently voted for Trump and it is interesting ( in a sick sort of way) to watch the antics of one of his supporters. -- cheers, John B. Seems to me that you must care give a rats ass what Tom thinks or you wouldn't be posting so many replies to him. VBEG LOL ;) Cheers |
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