Everyone Is Blaming China Now.......

http://www.washingtonpost.com/wp-dyn/content/article/2010/10/28/AR2010102803256.html?hpid=topnews

Now it is fashionable to blame China.......

Now that 10% of the economy is unemployed everyone jumps on the bandwagon. I was doing it when only 3% of the economy was unemployed. It was obvious to me where it was going to lead. Everyone else had their rose colored glasses on and didn't want to hear it. Now the pain is so loud people have no choice but to hear it. Still the problem isn't going away.......

Everyone is missing the point that Corporate America is the real guilty party. They are the ones who set up this colossal failure. Of course once everything fell apart now they have nothing to say.

"In addition, corporate America, which used to be China's great booster in the once annual congressional debates on China's most-favored nation trading status, has effectively gone silent on the benefits of a strong relationship with Beijing. The reason is that many corporate leaders no longer believe that China, which is aggressively pursuing policies to acquire Western technology and compete with Western firms, is the land of opportunity that it once was. "