Sunday, November 11, 2007

Fortune Cookie with your Kung Pao Checking?

http://online.wsj.com/article/SB119477480470489253.html?mod=hpp_us_whats_news

Reports are out that the Chinese have finally been allowed to open a bank in the US. Chairman Mao has landed...in his yacht. Next they'll loan to Google and Search Engines so they can really censor them, lol. While its good long term for the US, it'll be interesting to see how this will develop in trade investment. Maybe it will help the Chinese finish buying up the rest of our country, lol. Not only do they own a ton our Government debt, now they can give every American credit cards, so they can finally take over. Kung Pao Checking. "Press 1 for Chinese, 2 for Spanish, 3 for Olde English." Our new currency is Fortune Cookie, how appropriate.

Seriously, If you raise kids, have them learn Chinese. Many rich Americans are aligning their children, even having them grow up in China, so they will have a future competitive advantage. China will eclipse us as an economy, as they get capitalism together and become westernized. Give your kids the competitive advantage for the future. In the meantime tell them to be engineers. Our country has a glut of engineers so bad companies are having to go to other countries. American will no longer be the country of new ideas. Just a country of Paris Hilton wannabees and post Britney Spears car wreck lives. Look at it this way, worst case scenario they can read the food menus I cant bloody read now. I just tell the waitress to give me anything without dog in it please! Or a long tail!

Recently, China has had to deal with an infrastructure change of the populous leaving bicycles behind and a booming car frenzy. Oriental Californication. PetroChina this last week just surpassed Exxon as the worlds most valued company. Whats next?

With our incredible low currency on the dollar, thanks to George Bush and the Republicans bankrupting our country, watch for the dollar to fall below the Peso next. Maybe I'll start buying Chinese currency, technically they own my currency anyway. And my Big Macs with MSG. You always wondered what makes that special sauce good huh.

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