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Post by nautonnier on Feb 27, 2019 18:10:41 GMT
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Post by duwayne on Feb 27, 2019 19:19:43 GMT
[ Snip ] Missouriboy, that's an unbelievable video to me. When I first visited China in the early 1980's I would ride through Beijing and the only automobile in sight was the one I in. The streets were a river of bicycles which would part in response to the blaring horn of the car and then flow back together after we passed. There was some building going on, but no cranes. Flexible bamboo scaffolding was used for workers to work on second and third floors. The scaffolding would wave up and down as workers climbed from the ground to the higher floors. The cement was mixed by hand at ground level and hauled upward on the scaffolding by wheelbarrow. When driving to smaller cities (several million people) where the chemical plant I was involved with was being built, there would be a wide highway. In the far right lane, there would be a stream of people, then next to them on their left would be carts pulled by oxen, then further left a stream of bicycles, and then a line of 2-wheeled carts pulled by vehicles (garden tractor sized). There would be no trucks or cars except for the one I was in which would weave around the traffic on the left and sometimes into the oncoming lane. The rice fields along the road were worked by hand or with oxen/buffalo. I never saw a tractor in the field. All this changed when Deng Xiaoping said one day "It is honorable to be rich." I was there that day and the Chinese engineers were flabbergasted by the statement and it was the topic of discussion at breakfast. I didn't realize the significance of the statement at that time, but I could see by the impact of the engineers I was working with that it was a major change in the country's direction. It turned out to be the kick-off of entrepeneurs and capitalism communist style. The rest is history. China is rife with millionaires and billionaires. Alexandria Ocasio Cortez appears to want to take us in the direction of the pre-Deng Xiaopeng days in China. It is not honorable to be rich and capitalism is bad. Entrepeneurs aren't wanted. I haven't been but your description is a match for what I remember of China from documentaries and travellers' anecdotes. Thanks Duwayne. Ratty, before I wrote the post above I went to Wikipedia to confirm the spelling of Deng Xiaoping’s name. Wikipedia had this excerpt about Deng. “Although there was a debate on whether or not Deng actually said it, his perceived catchphrase, "To get rich is glorious", unleashed a wave of personal entrepreneurship that continues to drive China's economy today.” I can confirm that Deng said something close to that but the translation given to me by the Chinese engineers that heard his speech on the radio was “It is honorable to be rich.” “To get rich is glorious” pretty much goes without saying, at least for the person who is rich. “It is honorable to be rich” indicates you should not be disrespected by others (including the political leaders) for being rich and actually should be encouraged. But the key here is that the Deng’s context for honorably getting rich was through entrepreneurship. Not by the means by which the Clinton’s got rich, payments from people who want to gain from your political influence.
I think Deng's idea would be beyond AOC's grasp.
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Post by missouriboy on Feb 27, 2019 20:05:32 GMT
I haven't been but your description is a match for what I remember of China from documentaries and travellers' anecdotes. Thanks Duwayne.
I think Deng's idea would be beyond AOC's grasp.
My brother told me the other night that AOC has a degree in economics and I was initially dumb founded, so I thought I'd check it out. Appears to be true. Does that say anything about Boston University? Wonder who paid for it. www.nationalreview.com/2018/07/alexandria-ocasio-cortez-economics-major-ignorant-of-basic-facts/
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Post by Ratty on Feb 28, 2019 0:12:13 GMT
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Post by Ratty on Feb 28, 2019 0:29:46 GMT
[ Snip ] I think Deng's idea would be beyond AOC's grasp. That AND a whole lot of other stuff.
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Post by Ratty on Feb 28, 2019 0:32:14 GMT
We must remember that the function of economic forecasting is to make astrology look respectable.
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Post by Ratty on Feb 28, 2019 0:33:40 GMT
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Post by nautonnier on Mar 2, 2019 10:58:17 GMT
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Post by Ratty on Mar 2, 2019 11:56:46 GMT
Can I buy a hooligan cap online?
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Post by Ratty on Mar 2, 2019 13:17:22 GMT
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Post by blustnmtn on Mar 2, 2019 13:23:19 GMT
This is a cool animation of the moving North Pole from an article on WUWT.
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Post by nautonnier on Mar 2, 2019 15:03:39 GMT
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Post by blustnmtn on Mar 2, 2019 16:22:32 GMT
Yes but who wants toe jam on their sunglasses?😎. That girl’s intervertebral discs and spinal chord are taking a beating.
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Post by nautonnier on Mar 2, 2019 17:04:51 GMT
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Post by Ratty on Mar 3, 2019 0:01:35 GMT
Just tried that ... the paramedics said I should be OK in a month or two.
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