Nov. 7th, 2010

thewayne: (Default)
"If you look at the U.S., you look at who we’re electing to Congress, to the Senate—they can’t read. I’ll bet you a bunch of these people don’t have passports. We’re about to start a trade war with China if we’re not careful here, only because nobody knows where China is. Nobody knows what China is."
— Michael Bloomberg

To paraphrase Mark Twain, a man who does not read has no advantage over a man who cannot read. I seriously doubt we have anyone in Congress who cannot read, but we had a president who publicly stated that he does not read who got re-elected, so what's the big deal? And I know lots of people who don't have passports, again, so what? Lots of people spend there entire lives without leaving the borders of the United States. And a trade war with China? Not likely. The two countries are too mutually interdependent. I know the US is trying to get China to revalue their currency as it is artificially kept low in order to favor China, we'll see if that happens. But an actual trade war? Not likely.

"Reality check, Mr. Bloomberg's table please!

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