Earlier I said it would be wonderful, given Chinese advances in mass transit and maglev, that they start building railroads in USA. Again. Well, a report says Schwarzenneger was in China trying to get them to to just that.
It is pretty clear what is going on here, we are being sold out to less expensive management, instead of just letting the free market set USA management rates at an undistorted level. We are experiencing the result of hamiltonian economic policies.
Monday, September 13, 2010
I Was Just Kidding!
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