Tuesday, May 24, 2011

TIRES, TIRES EVERYWHERE!

TIRES, TIRES EVERYWHERE, (Reuters News Agency)
Boy you never know, "I thought a Dunlap was when your belly Dunlaped over your belt," I didn't know it was a tire to. These Chronicles really are a tool for education. Now I learn that another reference to tires is coming from China, this one aims to deflate Obama's tire  import tax of .35%.

The import tax has been in place since late 2010 and was approved by the World Trade Organization, a country now needs to get approval from the W.T.O. to conduct business with member nations. I knew this fact, after all, "I am the editor & chief."  I wonder, could the United States deal with the medical health care profession in the same way? 

The Chinese and their deep work pool of low waged workers had been blowing American tire-makers out of the competitive market for several years before President Obama's action to level the playing field a bit.  Initially the 35% tax was levied for one year and went into effect in 2010, but the action by Obama and the approval by the W.T.O. is being appealed by China.

The action stems from Beijing's appeal to the W.T.O. to repeal it's own decision, "the W.T.O." on the 35% tax, highlighting the tensions that exist between rich and emerging economies over trade in industrial goods. The complaint by China could jeopardise a global trade pact among the W.T.O.'s 153 nation membership, known as Doha round.

Adding to the discord in the China 35% tax is the fact that many American tire wholesalers have been opposed to the Obama tax from the start, citing the fact that American tire-makers aren't interested in making the lower end tire from China, I wonder if the American wholesalers just want to take the low end tire and then sell them as a mid-level tire, naw, that could never happen, right.....after all, we are the expert in the supply and demand, free market system.....aren't we?


MISSED IT BY THAT MUCH, (Atlanta Journal-Constitution)
He's at it again, and by golly you've gotta give the guy credit. No matter the jokes,  personal affronts and the media coverage and the loss of dozens of disillusioned followers, the date remains the same, the 21st. of the month. He just got the month wrong, it wasn't May 21st. but October 21st.

Can anybody possible fault a guy with the weight of the world on his shoulders, for making a little mathematical mistake of  150 days. I implore you to consider not only this "slight" mistake, but the age of the calculator should be taken into account, 89.

Harold Egbert Camping worked out his calculations as accurately as he could, but alas, he came up short, the same as 1988 and 1994. Either Camping is a three time loser, 0-3, with one more at bat, or a lunatic wing nut with a few followers as unconnected as he is. Whichever way people look at Camping, he now says that he and his followers will just "return to their normal lives" and wait for the new end date.

Monday, Camping addressed his followers over his radio broadcast network which includes 150 stations. Although some of his followers gave their earthly positions away, now they worry about life on earth without those positions. "family radio never told anybody to give away their belongings," "we are not in the business of financial advice." Camping further told his radio audience that the radio network was "in the business of telling people there's someone you can talk to, someone that you can pray to and that's God."

Camping also mentioned the fact that "he wouldn't give his belongings away ahead of October 21st. "I need a car and I need a house," "if it's the end, why would I give those things up?"  Harold, I can identify with you, "I won't be giving my possessions away either, at least not my T.V.'s,  I'll need them to watch the baseball playoffs, then Saturday afternoon college football, and then Sunday afternoon Packer football, and then Sunday night football, and then...................

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