|Subject:||Re: [socialcredit] Re: Revive Lincoln's Monetary Policy. CRG E-Newsletter |
|Date:||Monday, May 4, 2009 17:00:01 (+1200)|
|From:||William Hugh McGunnigle <wmcgunn @.........nz>
HI Bill [Ryan]
The programme is 100% UK, and the people presenting the
progamme have no axe to grind apart from their joking comment about "German
vehicles and German Efficiency". That apart I agree with most of yoiur
sentiments, particularly the one about "protectionist policies" persued by
some government. GATT is supposed to be stopping this type of underhanded
competition, but does not seem to be very effective at doing so. I do know
that certain governments like S Korea and Taiwan deliberately create a
special exchange rate for their most prominent companies that is far less
than the official rate enabling those compamies to produce artificially low
tenders for export jobs. Would this be a breach of GATT agreements?
Bill MC G
----- Original Message -----
Sent: Wednesday, April 29, 2009 6:03 AM
Subject: [socialcredit] Re: Revive Lincoln's Monetary Policy. CRG
> The UK "programme" sounds like a far-fetched propaganda piece from the
> Japanese auto industry. The story is just ridiculous on its face. It
> reminds me of the infomercial I saw promoting a miraculous oil additive.
> They poured a bottle of it into the crankcase, ran the engine for a few
> minutes, then drained the oil. They then ran the car for several hours on
> a racetrack at high speed with the empty crankcase. There was no problem
> at all. I know--I saw it on TV.
> "Their conclusion was that mechanically the Toyota Hilux was
> For one thing, they are actually designed to destroy themselves after
> eighty thousand miles, when their timing belts break, destroying their
> engines. I don't know about now, but Toyotas, especially, had
> "interference" engines. I know. I once had one that was totalled when
> its timing belt broke a week after I purchased it. That's when I learned
> about interference engines.
> This doesn't happen to the owners of Toyotas in Japan, who are forced to
> relinquish their cars at thirty thousand miles.
> This doesn't happen to their original owners in America, who usually trade
> them in well before they've been driven eighty thousand miles. They all
> have very high opinions of their Toyotas.
> It usually happens to the second or third owner, who purchases the vehicle
> used. He typically doesn't have or read the user manual, nor does he have
> service records. Typically, he has always had America cars, which, when
> the timing belt breaks at about 110,000 miles, he simply has it replaced.
> If by chance he does read his Toyata manual, he sees that it recommends
> that the timing belt be replaced at 70,000 miles. The manual does not
> warn that if he doesn't have it replaced, his engine may be damaged beyond
> economic repair.
> It is a colossal deceptive trade practice by Japan Inc. to sell more cars.
> "...but even Japan is now having problems from cheap imports from China
> and India who are undercutting Japanese wage rates using cheap labour."
> That's right, Japan, Taiwan and the "Little Tigers" have altogether the
> capacity to take about one-third of America's industrial base. America
> survives in relative prosperity, and they hum along.
> But now China comes along, following the Japanese model that they call the
> "Taiwan model." But it is a model that can work for Japan and Taiwan,
> because they can take at most about a third of the American industrial
> base. But China is so much bigger, it has the capacity to manufacture
> everything already manufactured in America. It can put every single
> American manufacturer out of business. But that would be a case where the
> parasite has killed its host, ultimately killing itself.
> But, before that happens, we can explain the "imperative to export," and
> present the solution.
> -------------------original message---------------------
> Subject: Re: [socialcredit] Re: Revive Lincoln's Monetary Policy. CRG
> Date: Wednesday, April 29, 2009 00:21:59 (+1200)
> From: William Hugh McGunnigle
> HI Bill Ryan
> Perhaps you should spend some time watching a UK programme called "Top
> Gear". Thay are a bunch of Petrol heads dedicated to examining high
> performance cars and checking out manufacturers claims about their cars.
> Toyota claimed their Hilux 4x4 was the best 4x4 on the market and said it
> could absorb more punishment than any other 4x4. They tested that vehicle
> by dropping it into the harbour [salt water] and then 24 hours later
> attempted to start it. It started first time. Then they dropped it from 30
> metres on its nose and did the same. Again it started. Finally they placed
> it on a building about to be demolished by explosives, They dug it out of
> the wreckage and tried to start the engine inside the mangled remains.
> Again it started first time. Their conclusion was that mechanically the
> Toyota Hilux was indestructible. In all honesty I have found that Toyota
> engines are remarkably resiliant and certainly give high milage without
> trouble. I had a Toyota van
> from new and it didn't give me any trouble until I wore out the clutch at
> around 38000 miles. At that stage I simply replaced the engine and clutch
> assembly. I would probably still have the vehicle except that a clown
> driving on the wrong side of the road smashed into me in a head on
> collision writing off both vehicles. fortunately I was belted in and this
> stpped mr from serious injury. The van absorbed the shock of the crash
> very well and saved my life. I agree that Japanese sucess owes a great
> deal to their protectionist policies, but even Japan is now having
> problems from cheap imports from China and India who are undercutting
> Japanese wage rates using cheap labour. A tremendous amount of our
> consumer goods industries in the west have been transferred to those two
> countries and even the telecome industry is finding competition from India
> too much to bear. The quality of their goods and services are certainly
> matching comparable western companies at a
> fraction of the cost. THE only way western countries can protect their
> industries against this type of competition is by tarriffs, but GATT
> agreements are outlawing this practice. GATT does not work in favour of
> already industrialised countries where workers are protected from vicious
> exploitation. It certainly works in favour of multinationals who are
> systematically moving manufacturing processes from the Industrial areas of
> Europe and North America to countries like India and China where labour
> costs are abysmally low and there are few environmental controls on
> industrial effluent again saving manufacturing costs.
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