Thursday, May 30, 2013

Texas Legislators' Weak Ethics

"... banned is a requirement that elected officials publicly disclose any interest they hold in government contracts. Politicians’ financial-disclosure statements also will not be posted online for easy access by the public ... in Senate Bill 219 that is going to Gov. Rick Perry’s desk."

Reshoring Beginning To Replace Offshoring

Increasing manufacturing, labor and shipping costs are causing factories to be
moved back to the USA more and more. Other factors are also involved:
Owners are tired of having to wait for slow moving container ships;
a weaker dollar has made foreign-made goods more expensive;
USA companies are becoming increasingly robotic.

The cost of manufacturing in China and the USA will soon be much more equal.

N. Korean Military: biggest in world (per capita)

On a per capita basis, North Korea is the most heavily militarized country in the
world, with 49 military personnel for every 1,000 residents. Israel has
23 per 1,000. The USA has 5.5 per 1,000. China has 1.7 per.

My Comment:
Since it was North Korea that invaded South Korea on the first place over 60
years ago and has remained a bellicose and extremely repressive
"hereditary totalitarian dictatorship", it would be foolish to ignore
the growing threat. Especially since China is less and less able to
influence their "psychotic stepchild".