More than a dozen governments in Asia, Africa and Europe have either banned or recalled Chinese dairy products since the scandal broke two weeks ago. Indonesia released a list Wednesday of nearly 30 Chinese-made products it says could be contaminated, including such well-known U.S.-created brands as Oreo cookies, M&M chocolates and Snickers chocolate-covered peanut bars.

More and more Chinese products are being found to be toxic. This is because the Chinese people who are producing these products are uneducated and greedy. First they diluted their milk with water to make more milk, then added melamine to it to simulate the protein lost by dilution. They never checked to see if melamine was harmful and probably weren’t concerned anyway.

They use leaded paint on baby toys because they got it cheaper, and our children suffer deformities and disease. They export fresh-water shrimp raised in filthy, bacteria-laden water because clean water was unavailable, and we get sick from it. On and on and on.

There’s a backlash in America and Europe already against Chinese products, which is being felt in China as factories here and there are shutting down for lack of business. Now we have The Bailout going on and our economy is being depressed ever farther. We lose if it happens and we lose if it doesn’t. Either way, inflation is going to increase while wages stay constant.

The same thing is going on in Europe for a different reason, which is unhindered immigration of the poorest Europeans into the richest European nations. This is the legacy of the European Union, ostensibly created to unite Europe into one huge economic power but resulting in the destruction of age-old societies and their heritages while creating financial hardship and population compression for those in their native lands at the hands of the immigrants.

So the economy of Europe is suffering along with ours and Chinas, and things are going steadily downhill, and this has all been engineered by the most rich and powerful among us. Who would that be? Well, just follow the money.

Chinas problems are the result of greed and lack of governmental oversight. The Chinese government has aggressively encouraged the production and export of goods, without paying much attention to their quality, and the many huge recalls have now devastated parts of their industry. Their production costs have skyrocketed with the increase in the price of oil, which has increased their retail prices at the same time the American and European economies are faltering.

So as US/Euro trade goes, so goes China, except that the Chinese are making their own problems even worse.

Now, what has fueled global inflation and driven down economies? Why, the rising price of oil. Who has profited by that? Saudi Arabia, Russia, Venezuela, all the oil producing countries, most of which have aligned themselves against the United States and the West generally.  What has increased the demand for oil? Global overpopulation together with developing nations. Oil has become the new dominator of the global economy and those who have enough to be able to export their excess production have risen to the top of the power heap.

The Saudis are using the money to pervert nations to radical Islam. The Russians are using it to rebuild their military, force alliances and once again expand the Russian Empire. Iran is using it to build nuclear weapons with the well-paid help of the starving North Koreans. The UAE is using it to turn their deserts into oasis playgrounds and the other, smaller oil producing nations are using it to buy guns, threaten their neighbors and posture as if they were mighty players on the world stage.

The fall-off lately of oil prices has angered the Arabs, who now plan to cut production and drive the price right back up again. This fuels global inflation which will force another price increase which will fuel inflation which will force another…..

That’s the real global economy. Driven by greed and ignorance. Not by intelligent design, not by planning for the future, not by mutual cooperation, but by simple greed, utter lack of foresight and a total unconcern for the harm being done.

No one is preparing for the day when the oil runs out. The reason the price has increased so much has a lot to do with supply and demand, as well as greed. The worlds oil producers have just about reached a limit on their ability to pump it out and process it, and the Saudis have been pumping oil out of the ground since 1935, and at ever greater amounts. After 73 years of draining the pools, there’s not much left and they’re now pumping in salt water to force up more oil, an act that always precedes the death of a well.

When the oil really starts to dry up, Russia will once again be forced to back down, a whole new global economy will spring up based on alternative energy sources, fuel sources, new types of cars and so forth. Plastics will have to be made from other materials than oil, farming will revolutionize with the loss of oil-based fertilizers, the entire global economy will utterly change.

The nations that come out as winners then will be the ones who were leaders in alternatives to oil ahead of the Big Dry Up.

And that’s the real global economy.

I’m off to Baja for a week of fishing so there will be no further posts until October 2. Feel free to leave shamelessly long diatribes, endless rants or whatever suits you in my absence in the comment section.

Tell me one time that George W. Bush EVER did anything that was genuinely in the interests of the American public instead of his own and his wealthy friends. You can’t!

Under his total lack of leadership, our infrastructure, that is, our roads, our bridges, our dikes and dams and aquaducts, is falling apart from lack of Federal funds to maintain and repair it.

Under this despot our Treasury is emptied and our National Debt is well over 9.5 Trillion Dollars, and this debt continues to climb rapidly because of his out-of-control spending.

Everything, exactly EVERYTHING, that George Wastrel Bush has told us about virtually anything has turned out to be a lie. Remember the WMD’s that were his excuse for going to war in Iraq? Remember “Mission accomplished” from the flight deck of a carrier? Remember the “short duration” of the proposed Iraq conflict?

Remember the Terror Alert levels, Red, Orange, Yellow? Don’t hear that bullshit anymore, now, do we? Remember how the pressure was kept on to keep us all afraid of more impending terrorist attacks? Well, guess what Snake Oil he’s trying to sell us now:

Now he wants us to Be Afraid, Be Very Very Afraid, that unless we authorize the MASSIVE bailout of rich people who made bad investments, we will all go down the shitter as our economy totally collapses. If you listened to the pinch-faced little bastards speech, he kept saying “might”, maybe”, “could” harm our economy, make loans harder to get, lower the value of homes. Not one “will” collapse, will do this, will do that. He’s scaremongering.

This is Bush’s final attack on our larder before the evil bastard retires. Will someone please explain to me why only 5% of the total amount of money currently loaned out by Fannie Mae, Freddie Mac and etcetera, all private companies, which is all that’s in jeopardy from failing mortgages according to CNN, and which will be lost by the richest among us without this bailout, should be paid by us citizens instead of the rich, themselves?

Bush wants to expand this debacle to include credit card companies and others who made bad financial decisions. This of course does NOT cover individual Americans who did this, just the wealthy stockholders.

They’re the ones whose greed caused their problems, and frankly, I don’t believe for one second any of the fear-mongering, horrible doom and disaster for the whole world CRAP that Bush is pumping out of that anus below his nose, that the loss of only 5% of the total wealth of those PRIVATE COMPANIES will bring down America and the global economy. Give me a break!

They mismanaged and have now hatched this scheme to recoup their losses by dumping the burden on the shoulders of average Americans instead of licking their wounds and settling for having less billions in wealth than they had before. It isn’t our job to pay for their mistakes.

Let me say that again. IT IS NOT OUR JOB TO PAY FOR THEIR MISTAKES!

I guarantee you that this is just another total bullshit scare trick from George to get the last of our money before he leaves office. The market will wobble for awhile. Big deal. Some prices will go up while some others will go down. Oh dear. Banks will still make loans because they’ll have to if they want to stay in business. That’s what their business is. People will still have jobs, will still draw paychecks, will still buy and sell their homes. Our world will not come to an end if we refuse to saddle ourselves with a trillion dollars of debt to save the asses of some greedy rich jerks. Their world may. Ours will pretty much go on as usual.