Where Your ipod Money is Going

[ssf467]

http://business.timesonline.co.uk/to...cle5740534.ece

[7idl]

interesting, I'm watching a Discovery channel show about China.. how our jobs are going over there (specifically Briggs & Stratton (sell outs))... however, seems that their little (big?) communist utopia (as the libtards would have you believe) is NOT working, but what is, is Capitolism.. imagine that!



eta: walmart and apple are a couple of big exploiters of chinas cheapness.. for example, they said for a ~$90+ apple product, apple keeps $80+ dollars

[GunTroll]

You mean my ipod isn't American made? I'm going back to records!

[7idl]

You mean my ipod isn't American made? I'm going back to records!

nope, the box just say's "Designed In California" or something along those lines.

[Marlin]

Well, considering the last "American Made" radio I had was the one I built in 10th grade.. Not like this happened overnight...

(I did get an "A" on it also... )

[Dr_Fwd]

Seems like you guys are surprised.... 95% of stuff we own are made in China and the rest 5% made in Indonesia or Philippine..... it's been like this for a long time...

[ssf467]

Not really Japan did it in the 80's

[GunTroll]

I'd rather send my money to Mexico! Oh wait its going there allready.

[sniper_tim]

OK, the article kinda hinted at it, but didn't mention one of the major reasons they are buying property here "for kids"

"He estimated that at least a third of the group were buying for their children studying in the United States."

When we think of illegal immigration, the brunt of it is attributed to MX, however there is a large percentage of immigrants from Asian countries. The difference, the immigrants from asian countries are rich as outlined in the article and can afford to buy property here! However, they are traveling here in the last couple weeks of pregnancy and having their babies in our hospitals on our dime! The kid automatically becomes US citizen, can sponsor parents and is eligible for our services, even if his parents are rich (i would certainly think that people who have $1mil in disposable income to be rich)! There are groups similar to the one described in the article that plan trips for the pregnant women and arrange for this! They basically train them to take advantage of our system and they apparently have no conciseness about it and our government doesn't validate their income like they would for someone here applying for the same services.

[ssf467]

The Chicoms own a shit load of treasuries and need to dump them. Also sitting on some worthless Mortgage bonds.