[at-l] OT: Gas prices

[RoksnRoots at aol.com (RoksnRoots@aol.com)]

In a message dated 8/12/2005 12:17:51 AM Eastern Standard Time, 
charles@uswnet.com writes:
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China is working hard to build a middle class - and we are footing the bill. 
China owns billions of dollars worth of US securities (we're running a 
crippling deficit so we have to sell bonds to whoever will buy - and China 
and Japan bought lots of them - and they were purchased with proceeds from 
our purchases of Chinese (and Japanese) goods) and we all know that Wal Mart 
is the largest importer in the world of Chinese goods.  They get our money, 
build their factories, buildings, dams, and roads with it (and pollute the 
hell out of the air - to the extent that the pollution in some cities is so 
heavily concentrated that it is reaching the US), and then sell us more 
goods and the cycle continues.        

They are trying to build factories, power plants, shopping malls, cars, etc 
to feed a growing middle class.  Most of China is farmland but the farmers 
are moving to the cities to find work.  There's plenty of work so the 
ex-farmers move into buildings (that are being buiilt as fast as is 
possible) and they earn money that they can then use to buy things. 
Essentially, they are becoming the middle class.  The more their middle 
class grows, the more demand there is for goods. 

             ***     The inspiring medium here is sprawl and unsustainable 
growth as an inextricable part of our economic nexus. China is answering its 
national plans by sprawling. You can see we are directly tied to it. (We probably 
taught them)  

             What the government doesn't tell you directly is that they 
intend to pay off those debts by sprawling over here as an expected GNP means. I 
think you are already familiar with how that will affect the AT. Understand 
Bush's environmental politics now?







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