I interrupt my blog for a special notice.
The stock market took a dive today that analysts call a "correction". That is code for the worst day since 2008 when the sky was falling financially. The market gave back all the profit for the year. Even those who don't have a heavily stock invested portfolio know this is not good. With all the talk about debt and recession, and congress becoming impotent with partisan fighting over minutia, what is it that an average person can do? Here is a suggestion.... vote with your wallet. It is the good old American capitalistic way, after all.
Here is a reprint of what is going around and if you have not read it do so. It will cost us all $64 a year more in discretionary spending if we follow the suggestion below, and the impact will be global. Let's make the stock market react to us for a change and not the other way around.
I received this from an anonymous author.... but you be the judge of its value.
Here is a reprint of what is going around and if you have not read it do so. It will cost us all $64 a year more in discretionary spending if we follow the suggestion below, and the impact will be global. Let's make the stock market react to us for a change and not the other way around.
I received this from an anonymous author.... but you be the judge of its value.
Well over 50 yrs ago I knew a lady who would not buy Christmas gifts if
they were made in China . Her daughter will recognize her in the
following.
Did y'all see Diane Sawyer's special report? They removed ALL items
from a typical, middle class family's home that were not made in the
USA .
There was hardly anything left besides the kitchen sink. Literally.
During the special they showed truckloads of items - USA made -
being brought in to replace everything and talked about how to find
these items and the difference in price etc..
It was interesting that Diane said if every American spent just
$64 more than normal on USA made items this year, it would create
something like
200,000 new jobs!
I WAS BUYING FOOD THE OTHER DAY AT WALMART and ON THE LABEL OF SOME
PRODUCTS IT SAID 'FROM CHINA '
Johnson note: Sam Walton founded his Walmart store on the principle that all the goods sold would be American Made. Before his death that was the case and it was a huge branding and ad campaign for the giant. His heirs took over and now Walmart is the the largest importer of Chinese goods in the World. In addition to being repressive in their hiring and draconian in their employee benefits, people forget it is no longer an American goods outlet. In fact Walmart is America's biggest Chinese goods outlet.
FOR EXAMPLE THE "OUR FAMILY" BRAND OF THE MANDARIN ORANGES SAYS RIGHT
ON THE CAN 'FROM CHINA '
I WAS SHOCKED SO FOR A FEW MORE CENTS I BOUGHT THE LIBERTY GOLD BRAND
OR THE DOLE SINCE IT'S FROM CALIF.
Are we Americans as dumb as we appear --- or --- is it that we just do
not think. The Chinese, knowingly and intentionally, export inferior
and even toxic products and dangerous toys and goods to be sold in
American markets.
70% of Americans believe that the trading privileges afforded to the
Chinese should be suspended.
Why do you need the government to suspend trading privileges? DO
IT YOURSELF, AMERICA !!
Simply look on the bottom of every product you buy, and if it says
'Made in China ' or 'PRC' (and that now includes Hong Kong ), simply
choose another product, or none at all. You will be amazed at how
dependent you are on Chinese products, and you will be equally amazed
at what you can do without.
Who needs plastic eggs to celebrate Easter? If you must have eggs, use
real ones and benefit some American farmer. Easter is just an example.
The point is do not wait for the government to act. Just go ahead and
assume control on your own.
THINK ABOUT THIS: If 200 million Americans each refuse to buy just $20
of Chinese goods, that's a billion dollar trade imbalance resolved in
our favor...fast!!
Most of the people who have been reading about this matter are planning
on implementing this on Aug. 1st and continue it until Sept. 1st. That
is only one month of trading losses, but it will hit the Chinese for
1/12th of the total, or 8%, of their American exports. Then they might
have to ask themselves if the benefits of their arrogance
and lawlessness were worth it.
Remember, August 1st to Sept. 1st !!!!!! START NOW.
Pass it on, America ...
The only thing I disagree with in this article is the motive. Don't do this to punish China, do it to reward America. A positive reason is alway more successful than an negative one.
As you were,
Jay
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