Friday, September 17, 2010

Obama should pull a Roosevelt

Former Clinton advisor Doug schoen says its time for Obama to pull a Roosevelt \. During Roosevelt first midterm election was followed by a string of five successive democratic congressional victories, not five democtratic congressional defeats. That sentence right there sums up what O bama has to do if he want to do one thing correct that can actually benefit America and the Economy. I agree 110%

China Spooks Auto Makers

Beijing - China's goverment is considering plans that could force foriegn auto makers to hand over cutting edge technology to chinese companies in exchange for access to the nation's huge market. china has a 10 yr plan that will make them world leaders in developing and producing batetry powered cars and hybrids. I totally disagree from this, you have to be on drugs to want this to happen I dont want China to have anymore money or technology.

Push on yen Aligns Tokyo with Asia Nieghbors

intrest vened to curb the yen's rise, its central bank offered the economy another boost by allowing funds generated by the intervention to remain in the banking system. Most asian currencies have strenghthened faster than the chinese yuan, expecially the japanese yen which from june to sept rose a solid 8 %. I agree this can help benifit us with more money circulating it might help our economy also.

FedEx Sees Strong International Demand

FedEx expects to have a strong demand for it's international - shipping serviceto continue through the end of the year, but americans are more carefull since the economy is slow right now. Chief executive said he expects a phase of somewhat slower economic growth going foward than earlier in 2010. I agree, they need to get theri ass in gear if they want to start making money.