Geitner in India......Uh oh
http://www.nytimes.com/2010/04/06/business/global/06geithner.html?pagewanted=1
“On principle, they both agree on everything,” Meaning the USA wants to send all our jobs to India. India thinks that is great. Everyone agrees unemployed Americans is the way to go.
"The two countries remain far apart on U.S. farm subsidies and India’s unwillingness to open its markets to foreign farmers, because they both want to protect their agricultural sectors."
PROTECTIONISM....... It works for the rest of the world just fine.
America is suppose to have free trade all the time while the rest of the world protects their economies. The USA can't give it away fast enough.
"U.S. businesses also remain the largest customers for India’s marquee information technology industry." Those are US jobs. Their product is our livelihoods. I say no way...... Geitner will say otherwise and tens of thousands more will get pink slips as Indian cheers.
"New Delhi seems reluctant to allow more foreign banks into the country"
"Any argument Mr.. Geithner makes for a greater opening of financial markets is likely to be quickly shot down by Indian officials"
More protectionists policies....
“Indian public opinion will remind him that post-crisis America has little standing in trumpeting the benefits of financial sector deregulation"
They know deregulation is a terrible idea. Why are we so dumb?
"Indian authorities have not allowed most American and European banks that have operations in India."
Protectionism as far as the eye can see. Tell me again why we don't do the same?
“On principle, they both agree on everything,” Meaning the USA wants to send all our jobs to India. India thinks that is great. Everyone agrees unemployed Americans is the way to go.
"The two countries remain far apart on U.S. farm subsidies and India’s unwillingness to open its markets to foreign farmers, because they both want to protect their agricultural sectors."
PROTECTIONISM....... It works for the rest of the world just fine.
America is suppose to have free trade all the time while the rest of the world protects their economies. The USA can't give it away fast enough.
"U.S. businesses also remain the largest customers for India’s marquee information technology industry." Those are US jobs. Their product is our livelihoods. I say no way...... Geitner will say otherwise and tens of thousands more will get pink slips as Indian cheers.
"New Delhi seems reluctant to allow more foreign banks into the country"
"Any argument Mr.. Geithner makes for a greater opening of financial markets is likely to be quickly shot down by Indian officials"
More protectionists policies....
“Indian public opinion will remind him that post-crisis America has little standing in trumpeting the benefits of financial sector deregulation"
They know deregulation is a terrible idea. Why are we so dumb?
"Indian authorities have not allowed most American and European banks that have operations in India."
Protectionism as far as the eye can see. Tell me again why we don't do the same?
posted by res17 at
April 05, 2010
1 Comments:
you are no smart then a college kid, do some more research on the topics, don't blindly rewrite the article and present incomplete views.
India is consistant with its policies and views, they do not flip flop. If U.S. want's to send the jobs there then everything lies here (I mean both problem and solution), don't blame the strong end.
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