China and Currency

Re: China and Currency

GRP,

Let me be clear, I am against either and both items from being exported in the
measure they are subsidized or otherwise protected.

I have no problem with a farmer in Ghana getting subsidized rice cheap from usa,
allowing his fields to go fallow, and turning a profit by selling USA rice to
Ghanains,
until the USA taxpayers cry "enough" and we stop. Then the same Ghanain farmer
resumes selling what he grows. This is non-violent self-defense.

But this is not what happens. The US Government policy of "get big or get out"
extends overseas as well. The Ghanaians who go to Harvard and receive Harvard
MBA's return to Ghana (or whatever country) and enter leading buisiness or
government ministries. The set up a system that allows them to buy from and
work
with the USA Harvard MBA's employed at Archer Daniels Midlands the "supermarket
to
the world." and in USA government ministries. The Ghanaian farmer cannot get a
license to import rice. He is taxed into oblivion to assure he cannot compete
with usa
rice, which is untaxed. These Harvard MBA's charge a super premium to effect
polcies and actions that break the USA small farmer and the Ghanaian small
farmer.
The USA small farmer gets some welfare. The Ghanaian farmer gets nothing. With
kids going hungry, many farmers choose the armed response. (of course you can
substitute any number of exported items, countries, and schools, but the general
system is essentially the same).

So we agree, all subsidize cause direct harm, all restrictions are violent. I
am against
it.

John
--- In spiers@yahoogroups.com, grmail@... wrote:
>
> >
> > Exports can be good or bad too... do we export things we made or raw
> > materials... of the
> > things we made, are the consumer goods or are they machinery and
> > equipment? Exporting
> > shoes is good, excporting a shoe-making machine is bad becuase its value,
> > the ability to
> > make shoes, is exported. Exporting subsidized goods is very bad indeed.
> > Subsidies,
> > currency and interest rate manipulation generate the bad kind of exports.
> >
> > John
> >
> >
> John,
> I kind of disgree with this statement, Its like saying; its bad to sale
> John Deere tractor and harvestor to a farmer in Africa, but its ok to sale
> ship loads of rice and wheat to that farmer from USA. This defeats the
> purpose of famous saying "Don't give begger a ready made food, show him
> how to grow food for his long term sustainabilty, so he would stop
> begging, stealing and all that he does to survive"
>
> grp

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