Tag(s): , Add Tags
Add to My Group(s)

View Ratings | Rate It

Permalink
View Article Stats      (5 comments)

CNBC: Poisoned Goods Worth the Lower Cost

Add this Page to Facebook!
Submit to Twitter
Submit to Reddit
Submit to Stumble Upon

Tell A Friend
Get Embed HTML Code
By Sandy Sand  Posted by Sandy Sand (about the submitter)

Become a Fan Become a Fan   -- Page 2 of 3 page(s)

opednews.com

BURNETT: So the biggest thing that's different from 20 years ago and that's keeping interest rates where they are is it's global. There are people around the world who have a lot more money, and it is a much more global problem than it used to be.

You know, when you talk about inflation, that's another interesting point because a lot of people like to say-scare monger about China, right, a lot of politicians, and I know you talk about that issue all the time. I think people should be careful what they wish for on China. You know, if China were to revalue its currency or China is to start making, say, toys that don't have lead in them or food that isn't poisonous, their costs of production are going to go up, and that means prices at Wal-Mart here in the United States are going to go up, too. So I would say China is our greatest friend right now. They're keeping prices low and they're keeping prices for mortgages low, too.

(Matthews keeps chugging along totally oblivious to the outrageous things Burnett said.)

MATTHEWS: What about the land prices? I've been reading abut that, watching about that. Are all these houses in the ritzy neighborhoods, like in California, which the whole state is ritzy-are they all overvalued?

(The unexplainable come-on from the wild blue yonder.)

MATTHEWS: Could you get a little closer to the camera?


BURNETT: What-what is it-is it...

MATTHEWS: Come on in closer. No, come in-come in further-come in closer. Really close.

BURNETT: What are you-what are you...

MATTHEWS: Just kidding! You look great! Anyway, thanks. Erin, it's great to-look at that look! You're great.

BURNETT: I don't even know. I'm going to have to go look at the tape here. I'm in a strange location.

MATTHEWS: No, you're beautiful. I'm just kidding. I'm just kidding.

You're a knock-out. Anyway, thank you, Erin Burnett.

BURNETT: All right, Chris. See you later.

MATTHEWS: It's all right getting bad news from you, even, OK? Thanks for coming on HARDBALL.

Up next, my review of today's big political news and the expectations game going on into tomorrow's big straw vote out there in Iowa.

Next Page  1  |  2  |  3

 

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

Contact Editor

 

Share this page: (what's this?)                   Tell a Friend: Tell A Friend

Add this Page to Facebook!      Submit to Stumble Upon      Submit to Reddit      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      My Web      Blink List     (More...)

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
5 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

The Toxic Chemistry of Everyday Products by Rady Ananda on Wednesday, Aug 15, 2007 at 7:21:23 AM
Blame the right ones by Mike Mischak on Wednesday, Aug 15, 2007 at 8:00:49 AM
Sandy Sand by Professor Emeritus Peter Bagnolo on Wednesday, Aug 15, 2007 at 8:05:16 AM
Couldn't agree more... by Sandy Sand on Wednesday, Aug 15, 2007 at 2:42:46 PM
old fashion days are back by liberalsrock on Wednesday, Aug 15, 2007 at 8:40:43 AM