The Real Reason Libs Hate Wal Mart

[red states rule]

That may be true of libs, but you're dealing with me.

You're the one who started throwing up articles when you realized you had completely lost this argument.

The articles blew your liberal talking points out of the water

Another reason libs hate Wal Mart is because Wal Mart will not let the corrupt unions infest their company

Unions is a major source of income for the DNC. (Another example of libs taking more money from the working people they claim to care so much about)

 

[rtwngAvngr]

The articles blew your liberal talking points out of the water

Another reason libs hate Wal Mart is because Wal Mart will not let the corrupt unions infest their company

Unions is a major source of income for the DNC. (Another example of libs taking more money from the working people they claim to care so much about)

No they didn't. Nothing shown has convinced me empowering totalitarians with massive trade leads to freedom for anyone, or that we can compete with slave labor without becoming slaves ourselves. Care to actually engage the arguments on the table?

You said slave labor in china was made up by hateful lefties. That is totally wrong. Care to pick up where the REAL discussion left off, at the spot where you got your ass handed to you?

 

[red states rule]

No they didn't. Nothing shown has convinced me empowering totalitarians with massive trade leads to freedom for anyone, or that we can compete with slave labor without becoming slaves ourselves. Care to actually engage the arguments on the table?

You said slave labor in china was made up by hateful lefties. That is totally wrong. Care to pick up where the REAL discussion left off, at the spot where you got your ass handed to you?

You know son, you really are a very hyper and emotional lib. I am seeing changes in Chinas for the better. The folks there are importing capitalism and with capitalism brings freedom. The seed has been planted and it will bloom. Your problem is, like most liberals, you cannot stand to see success in America

Liberals need people dependent on government in order to maintain their political power

Like drug dealers, they want their victims crawling to them for their subsistence.

 

[rtwngAvngr]

You know son, you really are a very hyper and emotional lib. I am seeing changes in Chinas for the better. The folks there are importing capitalism and with capitalism brings freedom. The seed has been planted and it will bloom. Your problem is, like most liberals, you cannot stand to see success in America

Liberals need people dependent on government in order to maintain their political power

Like drug dealers, they want their victims crawling to them for their subsistence.

Yeah. That's it. I must be a lib. Please show me one link illustrating china becoming freer. All we hear are more stories of censorship, christian persecution, slave labor and other atrocities. Trade with china is a deathrace to the depths of inhumanity. Liberals may want people dependant on our government, true, but the neocons want the world dependant on the chinese government, and it's a totalitarian one.

 

[red states rule]

In 2005, China emerged as the world's third-largest trading nation. Its 2004 current account surplus jumped 50 percent to $68.7 billion—more than 10 percent of total exports. The Chinese government reports that 2004 GDP growth continued at a robust rate of 9.5 percent. Beijing moved to cool the economy with cutbacks of construction machinery and investment-related imports and by exporting surplus domestic production of chemicals and metals. Foreign direct investment inflows rose 13.32 percent to $60.63 billion in 2004. Stepped-up complaints of China's failure to address intellectual property crimes and other grievances, as well as pressure from U.S. protectionists, generated a groundswell of sentiment in Congress to sanction China for trade transgressions. In late 2004, China's septuagenarian leader Jiang Zemin finally passed the baton to his sexagenarian successor Hu Jintao, but this "transition" did not ease the machinery of political repression, much less presage political reforms. Through 2004 and 2005, even domestic observers of China's political scene bemoaned tighter controls on speech and expression, particularly via the Internet, and complained that President Hu had sold out to party hard-liners. China's trade policy score is 1.5 points better this year, and its fiscal burden of government score is 0.2 point better. As a result, China's overall score is 0.17 point better this year.

Trade Policy

Score: 3.0
According to the World Bank, China's weighted average tariff rate in 2004 was 6 percent, down from the 12.8 percent for 2001 reported in the 2005 Index. According to the Economist Intelligence Unit, "China has begun trimming its non-tariff import barriers" but continues to utilize quotas and licensing and "retains regulatory control over imports via commodity inspection, registration requirements and quarantine rules." Based on the lower tariff rate, as well as a revision of the trade factor methodology, China's trade policy score is 1.5 points better this year.

Fiscal Burden

Score: 3.9
China's top income tax rate is 45 percent. The top corporate tax rate is 30 percent. In 2003, according to the Economist Intelligence Unit, government expenditures as a share of GDP remained unchanged at 21.6 percent, compared to a 1.5 percentage point increase in 2002. On net, China's fiscal burden of government score is 0.2 point better this year.

Government Intervention

Score: 3.0
The World Bank reports that the government consumed 12.6 percent of GDP in 2003. In 2002, according to the International Monetary Fund, China reported receiving 4.31 percent of its total revenues from state-owned enterprises and government ownership of property. According to the U.S. Department of Commerce, however, the government retains much of the apparatus of a planned economy and owns major corporations in the energy, banking, telecommunications, steel, car manufacturing, food, and home appliances sectors. The Financial Times reports that "China's 150,000 state-owned enterprises…still employ more than 50m[illion] workers." Based on the apparent unreliability of reported figures for total revenues, 1 point has been added to China's government intervention score.

Monetary Policy

Score: 1.0
From 1995 to 2004, China's weighted average annual rate of inflation was 2.68 percent.

Foreign Investment

Score: 4.0
According to the U.S. Trade Representative, "General barriers to investment that plague China include a lack of transparency, inconsistently enforced laws and regulations, weak [intellectual property rights] protection, corruption and an unreliable legal system incapable of protecting the sanctity of contracts." The Economist Intelligence Unit reports that "China welcomes foreign investment and is bound under World Trade Organisation rules to open its industries further to foreign businesses, but it does not wish to see its control over important ‘strategic' sectors of its economy slip into foreign hands. Partly with this in mind, on July 25th 2004, China announced a significant structural change to its FDI regime…that allowed foreign investment only in specific, government-designated sectors." Foreign investment regulations that took effect on April 1, 2002, requiring various Chinese bureaucracies to regularly update a Foreign Investment Catalogue for the government to use as a guide in approving foreign investment projects remain in effect. In June 2004, the government opened the retail and distribution sector to 100 percent foreign-owned companies. The People's Bank of China regulates the flow of foreign exchange into and out of the country, and the government intervenes and controls foreign investment in the stock market. The International Monetary Fund reports extensive controls, government approval requirements, and quantitative limits on foreign exchange, current transfers, and capital transactions. Direct investment is subject to government approval, as are real estate transactions.

Banking and Finance

Score: 4.0
The Economist Intelligence Unit reports that over 35,000 financial institutions were operating in China as of 2004. However, the dominant banking institutions remain four state-owned banks, which accounted for 55 percent of total banking assets and deposits as of March 2004. According to The Economist, "Most capital is…provided by banks, and the most important banks are still owned by the state. Some of their customers bid for capital at the prevailing rate of interest. Others, the least enterprising and best connected, hustle for it, by pulling strings or calling in favours. But perhaps two-thirds of the banks' loans serve to prop up state-owned enterprises." The Wall Street Journal reported on June 2, 2005, that the "financial system is plagued by bad debts, lack of transparency, corruption and other abuses." The government has injected vast sums into the four major banks to reduce bad loans. According to the U.S. Department of Commerce, "Authoritative estimates of the total stock of bad debt in China's financial system range from 25 to 75 percent of the country's annual gross domestic product." Although the government is relaxing controls on interest rates, the central bank affects the allocation of credit by setting interest rates on deposits and loans. "China's banking sector remains almost entirely state owned, either directly or through state-owned companies…[but the] financial sector is evolving more quickly to a market-oriented system now that the country is a member of the World Trade Organisation," reports the EIU. "Foreign banks are gradually being allowed greater scope for their investments in both permissible business areas and geographical scope." Foreign groups are limited to minority stakes in Chinese banks. In December 2004, the government loosened restrictions to permit foreign insurers to operate throughout the country, changing previous rules restricting their activity to a few major cities, and permitted foreign brokers to own up to 51 percent of joint ventures.

Wages and Prices

Score: 3.0
"In general," reports the Economist Intelligence Unit, "prices remain controlled only for goods and services deemed essential, such as foodstuffs and tobacco…. Coal, which accounts for three-fourths of China's energy consumption, has been one of the most important commodities under price controls…. Price controls generally apply at the ex-factory level, in the form of subsidies to state-owned enterprises to let them produce and sell goods to wholesalers and retailers at artificially low prices." China does not have a national mandatory minimum wage, but the Labor Law allows local governments to determine their own minimum wages.

Property Rights

Score: 4.0
China's judicial system is weak. The Economist Intelligence Unit reports that "many [foreign firms] prefer arbitration because of concerns about the speed and impartiality of the courts. A related concern for foreign companies is the weak tradition of consistent implementation of court rulings…." According to the U.S. Department of Commerce, "Enforcement of arbitral awards is sporadic. Sometimes, even when a foreign company wins in arbitration in China, the local court may delay or fail to enforce the decision. Even when the courts do attempt to enforce a decision, local officials often ignore court decisions with impunity." The EIU reports that corruption extends to the courts. In 2004, according to The Wall Street Journal, China introduced a constitutional amendment establishing that a citizen's private property is inviolable. Enforcement of this amendment has yet to be tested.

Regulation

Score: 4.0
The U.S. Department of Commerce reports that "China's legal and regulatory system lacks transparency and consistent enforcement despite the promulgation of thousands of regulations, opinions, and notices affecting…investment…. Foreign investors continue to rank the inconsistent and arbitrary enforcement of regulations and the lack of transparency as two major problems in China's investment climate." Corruption is widespread. According to the Economist Intelligence Unit, "Foreign companies investing in China tend to encounter rather different forms of organized dishonesty…. [M]unicipal officials have often given their approval to foreign-invested projects after their children have been granted places in schools abroad…."

Informal Market

Score: 3.5
Transparency International's 2004 score for China is 3.4. Therefore, China's informal market score is 3.5 this year.
http://www.heritage.org/research/features/index/country.cfm?id=China


Things are slowly getting better in China

 

[rtwngAvngr]

In 2005, China emerged as the world's third-largest trading nation. Its 2004 current account surplus jumped 50 percent to $68.7 billion—more than 10 percent of total exports. The Chinese government reports that 2004 GDP growth continued at a robust rate of 9.5 percent. Beijing moved to cool the economy with cutbacks of construction machinery and investment-related imports and by exporting surplus domestic production of chemicals and metals. Foreign direct investment inflows rose 13.32 percent to $60.63 billion in 2004. Stepped-up complaints of China's failure to address intellectual property crimes and other grievances, as well as pressure from U.S. protectionists, generated a groundswell of sentiment in Congress to sanction China for trade transgressions. In late 2004, China's septuagenarian leader Jiang Zemin finally passed the baton to his sexagenarian successor Hu Jintao, but this "transition" did not ease the machinery of political repression, much less presage political reforms. Through 2004 and 2005, even domestic observers of China's political scene bemoaned tighter controls on speech and expression, particularly via the Internet, and complained that President Hu had sold out to party hard-liners. China's trade policy score is 1.5 points better this year, and its fiscal burden of government score is 0.2 point better. As a result, China's overall score is 0.17 point better this year.

Trade Policy

Score: 3.0
According to the World Bank, China's weighted average tariff rate in 2004 was 6 percent, down from the 12.8 percent for 2001 reported in the 2005 Index. According to the Economist Intelligence Unit, "China has begun trimming its non-tariff import barriers" but continues to utilize quotas and licensing and "retains regulatory control over imports via commodity inspection, registration requirements and quarantine rules." Based on the lower tariff rate, as well as a revision of the trade factor methodology, China's trade policy score is 1.5 points better this year.

Fiscal Burden

Score: 3.9
China's top income tax rate is 45 percent. The top corporate tax rate is 30 percent. In 2003, according to the Economist Intelligence Unit, government expenditures as a share of GDP remained unchanged at 21.6 percent, compared to a 1.5 percentage point increase in 2002. On net, China's fiscal burden of government score is 0.2 point better this year.

Government Intervention

Score: 3.0
The World Bank reports that the government consumed 12.6 percent of GDP in 2003. In 2002, according to the International Monetary Fund, China reported receiving 4.31 percent of its total revenues from state-owned enterprises and government ownership of property. According to the U.S. Department of Commerce, however, the government retains much of the apparatus of a planned economy and owns major corporations in the energy, banking, telecommunications, steel, car manufacturing, food, and home appliances sectors. The Financial Times reports that "China's 150,000 state-owned enterprises…still employ more than 50m[illion] workers." Based on the apparent unreliability of reported figures for total revenues, 1 point has been added to China's government intervention score.

Monetary Policy

Score: 1.0
From 1995 to 2004, China's weighted average annual rate of inflation was 2.68 percent.

Foreign Investment

Score: 4.0
According to the U.S. Trade Representative, "General barriers to investment that plague China include a lack of transparency, inconsistently enforced laws and regulations, weak [intellectual property rights] protection, corruption and an unreliable legal system incapable of protecting the sanctity of contracts." The Economist Intelligence Unit reports that "China welcomes foreign investment and is bound under World Trade Organisation rules to open its industries further to foreign businesses, but it does not wish to see its control over important ‘strategic' sectors of its economy slip into foreign hands. Partly with this in mind, on July 25th 2004, China announced a significant structural change to its FDI regime…that allowed foreign investment only in specific, government-designated sectors." Foreign investment regulations that took effect on April 1, 2002, requiring various Chinese bureaucracies to regularly update a Foreign Investment Catalogue for the government to use as a guide in approving foreign investment projects remain in effect. In June 2004, the government opened the retail and distribution sector to 100 percent foreign-owned companies. The People's Bank of China regulates the flow of foreign exchange into and out of the country, and the government intervenes and controls foreign investment in the stock market. The International Monetary Fund reports extensive controls, government approval requirements, and quantitative limits on foreign exchange, current transfers, and capital transactions. Direct investment is subject to government approval, as are real estate transactions.

Banking and Finance

Score: 4.0
The Economist Intelligence Unit reports that over 35,000 financial institutions were operating in China as of 2004. However, the dominant banking institutions remain four state-owned banks, which accounted for 55 percent of total banking assets and deposits as of March 2004. According to The Economist, "Most capital is…provided by banks, and the most important banks are still owned by the state. Some of their customers bid for capital at the prevailing rate of interest. Others, the least enterprising and best connected, hustle for it, by pulling strings or calling in favours. But perhaps two-thirds of the banks' loans serve to prop up state-owned enterprises." The Wall Street Journal reported on June 2, 2005, that the "financial system is plagued by bad debts, lack of transparency, corruption and other abuses." The government has injected vast sums into the four major banks to reduce bad loans. According to the U.S. Department of Commerce, "Authoritative estimates of the total stock of bad debt in China's financial system range from 25 to 75 percent of the country's annual gross domestic product." Although the government is relaxing controls on interest rates, the central bank affects the allocation of credit by setting interest rates on deposits and loans. "China's banking sector remains almost entirely state owned, either directly or through state-owned companies…[but the] financial sector is evolving more quickly to a market-oriented system now that the country is a member of the World Trade Organisation," reports the EIU. "Foreign banks are gradually being allowed greater scope for their investments in both permissible business areas and geographical scope." Foreign groups are limited to minority stakes in Chinese banks. In December 2004, the government loosened restrictions to permit foreign insurers to operate throughout the country, changing previous rules restricting their activity to a few major cities, and permitted foreign brokers to own up to 51 percent of joint ventures.

Wages and Prices

Score: 3.0
"In general," reports the Economist Intelligence Unit, "prices remain controlled only for goods and services deemed essential, such as foodstuffs and tobacco…. Coal, which accounts for three-fourths of China's energy consumption, has been one of the most important commodities under price controls…. Price controls generally apply at the ex-factory level, in the form of subsidies to state-owned enterprises to let them produce and sell goods to wholesalers and retailers at artificially low prices." China does not have a national mandatory minimum wage, but the Labor Law allows local governments to determine their own minimum wages.

Property Rights

Score: 4.0
China's judicial system is weak. The Economist Intelligence Unit reports that "many [foreign firms] prefer arbitration because of concerns about the speed and impartiality of the courts. A related concern for foreign companies is the weak tradition of consistent implementation of court rulings…." According to the U.S. Department of Commerce, "Enforcement of arbitral awards is sporadic. Sometimes, even when a foreign company wins in arbitration in China, the local court may delay or fail to enforce the decision. Even when the courts do attempt to enforce a decision, local officials often ignore court decisions with impunity." The EIU reports that corruption extends to the courts. In 2004, according to The Wall Street Journal, China introduced a constitutional amendment establishing that a citizen's private property is inviolable. Enforcement of this amendment has yet to be tested.

Regulation

Score: 4.0
The U.S. Department of Commerce reports that "China's legal and regulatory system lacks transparency and consistent enforcement despite the promulgation of thousands of regulations, opinions, and notices affecting…investment…. Foreign investors continue to rank the inconsistent and arbitrary enforcement of regulations and the lack of transparency as two major problems in China's investment climate." Corruption is widespread. According to the Economist Intelligence Unit, "Foreign companies investing in China tend to encounter rather different forms of organized dishonesty…. [M]unicipal officials have often given their approval to foreign-invested projects after their children have been granted places in schools abroad…."

Informal Market

Score: 3.5
Transparency International's 2004 score for China is 3.4. Therefore, China's informal market score is 3.5 this year.
http://www.heritage.org/research/features/index/country.cfm?id=China


Things are slowly getting better in China

These are economic improvements, not advances in freedom. There's still slave labor there. Don't confuse materialism for morality, that's satan's trap. you should know better. Seek help, you're confused.

 

[red states rule]

These are economic improvements, not advances in freedom. There's still slave labor there. Don't confuse materialism for morality, that's satan's trap. you should know better. Seek help, you're confused.

With economic freedom there comes freedom in all areas

The doom and gloomers will never see any good from capitalism.

To people like you, socialism has failed only because the right people were not running things

 

[rtwngAvngr]

With economic freedom there comes freedom in all areas

The doom and gloomers will never see any good from capitalism.

This is not economic freedom, it's straight up fascism. How does improvements in the fascists bottom line translate to anything for the people, when they do not have the basic freedoms we have here. Again, you're perpetuating a huge lie.

I believe in capitalism limited to trading partners with similar values on human life and basic freedoms.

To people like you, socialism has failed only because the right people were not running things

I'm not a socialist, you twit. I don't believe in empowering fascist totalitarians in hopes that they'll change. They show no signs of doing so. Take your New World Order kool-aid somewhere else. We're not interested.

 

[red states rule]

This is not economic freedom, it's straight up fascism. How does improvements in the fascists bottom line translate to anything for the people, when they do not have the basic freedoms we have here. Again, you're perpetuating a huge lie.

I believe in capitalism limited to trading partners with similar values on human life and basic freedoms.



I'm not a socialist, you twit. I don't believe in empowering fascist totalitarians in hopes that they'll change. They show no signs of doing so. Take your New World Order kool-aid somewhere else. We're not interested.

Libs will also fall back on personal attacks and personal insults when they are losing debates

So far you are living down to everything the left represents and belives in

 

[rtwngAvngr]

Libs will also fall back on personal attacks and personal insults when they are losing debates

So far you are living down to everything the left represents and belives in

I'm just saying take your lies elsewhere. It's a suggestion, not a personal attack.

I know painting anyone who disagrees with the the fascist plan as a socialist is the talking point, but it's transparent and disingenuous.

 

[red states rule]

What lies?

Your average lib starts to foam at the mouth at the mention of Wal Mart

There are many kook left websites devoted to sliming Wal Mart

Wal Mart finances the lifestyles of millions of Amercians

Wal Mart sends billions of dollars to local, state, and the federal govenment in tax money

Out of loyality to the corrupt unions, libs still seek to destroy Wal Mart

 

[rtwngAvngr]

What lies?

Your average lib starts to foam at the mouth at the mention of Wal Mart

There are many kook left websites devoted to sliming Wal Mart

Wal Mart finances the lifestyles of millions of Amercians

Wal Mart sends billions of dollars to local, state, and the federal govenment in tax money

Out of loyality to the corrupt unions, libs still seek to destroy Wal Mart

There are couple lies you continually go back to.

1. Trading with totalitarian fascists will make the people in those countries freer.

2. anyone who is against trading with china is a socialist.

I suggest you remove these two lies from your brain.

The libs do make a mistake in focusing on one corporation. They should focus on our national trade policy with china. The gatekeepers of their platform, however, will probably not let them criticize the overall national policy, it's too good an idea, and will put them directly in the crosshairs the NWO fascists.

 

[red states rule]

Another thing about libs is they lecture the rest of us how to live thier lives but they never wlak the walk

I wonder how many items that are marked "MADE IN CHINA" I could find in your home

 

[rtwngAvngr]

Another thing about libs is they lecture the rest of us how to live thier lives but they never wlak the walk

I wonder how many items that are marked "MADE IN CHINA" I could find in your home

I would appreciate the help of a government policy forbidding trade with china, if that's what you're asking.

Hypocrisy is advocating on thing for yourself and something else for others; I'm not doing that. I admit I too fall short of the standard.

Making this personal is another way you dodge the issue.


What else do you have in your NWO arsenal of dissembling and deceit?

 

[red states rule]

I would appreciate the help of a government policy forbidding trade with china, if that's what you're asking.

Hypocrisy is advocating on thing for yourself and something else for others; I'm not doing that. I admit I too fall short of the standard.

Making this personal is another way you dodge the issue.


What else do you have in your NWO arsenal of dissembling and deceit?

I am not making it personal. Libs love to tell others how to live their lives.

But libs NEVER walk the walk.

Hell to a liberal, is having to but out and stop telling other people what to do

Banning all imports from China would cripple the US economy. Of course, since libs love bad news, they would be very happy

 

[rtwngAvngr]

I am not making it personal. Libs love to tell others how to live their lives.

But libs NEVER walk the walk.

Hell to a liberal, is having to but out and stop telling other people what to do

Banning all imports from China would cripple the US economy. Of course, since libs love bad news, they would be very happy

But more importantly, it would hurt them WORSE. We could recover faster, and it's worth the time and pain to get our production capacities up to snuff.

The satanic dependancy you espouse is wrongheaded and dangerous.

 

[red states rule]

We would be back to the Pres Peanut Carter economy.

The bottom line is, Wal Mart is here to stay and all libs can do about it is bitch and moan. It does not solve anything except show how delusional they are

Something they have become very good at

 

[rtwngAvngr]

We would be back to the Pres Peanut Carter economy.

The bottom line is, Wal Mart is here to stay and all libs can do about it is bitch and moan. It does not solve anything except show how delusional they are

Something they have become very good at

Carter's domestic policies were all wrong. I don't want higher taxes or to strengthen unions. I simply want to cut trade with china. Its worth it, it the long run. The freedom of the world is at stake. And materialism is not freedom; that's what stalin would have said. You're the one who's REALLY a marxist.

 

[red states rule]

Carter's domestic policies were all wrong. I don't want higher taxes or to strengthen unions. I simply want to cut trade with china. Its worth it, it the long run. The freedom of the world is at stake. And materialism is not freedom; that's what stalin would have said. You're the one who's REALLY a marxist.

You are a liberal. Everything "wrong" to a lib is a crisis and our "future" depends of doing what libs want

Once again, how many items that are made in China can be found in your house?

 

[rtwngAvngr]

You are a liberal. Everything "wrong" to a lib is a crisis and our "future" depends of doing what libs want

Once again, how many items that are made in China can be found in your house?

You're the one who brought up the "calamitous" effect on our economy cutting trade with china would have. Seems to me YOU'RE fear mongering.

And yes, I would appreciate it if the government would help us all get off slave labor goods, by doing the right thing, and refusing chinese imports until china gets an individual rights based constitution. I'm not a moral relativist like you, I believe guaranteed individual rights similar to our own are nearly the highest good in the universe. Why are you evil inside?