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Old Aug 8, 2007, 08:22 pm   #20 (permalink) (top)
Alive
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Quote by: Chancellor View Post
The relative stupidity of either action has no bearing on your erroneous statement about the US being a democracy. The US is NOT a democracy and I'm sick of so many stupid people going around saying it is!
The US IS a democracy and I'm sick of so many people going around saying it isn't. The US is ALSO a constitutional republic. These are not mutually exclusive terms. The UK is a constitutional monarchy and a democracy, as point of comparison--and our governments are far more similar than different. A democracy is any system where the people are given political power.

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China tends to act based on long-term benefit. Devaluing the dollar out of existence could have long-term benefits for China.
Like what?? What possible benefit could devaluing the dollar have for China? Speak up, I'm waiting eagerly to learn, since I can't think of anything that would happen except substantial disruption in wealth and disruption in trade, not to mention political opposition not only in the US but also the rest of the world to further dealings with China.

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Oh, yes, let's fear Americans wanting to be American and wanting to look out for American interests.
It is in American interests to continue peaceful and prosperous trade with China. Nativism has never been on the side of America; if you look at US history, nativism and its cousins racism and isolationism have always hurt us as a country, while trade, immigration and cooperation with our allies have always helped us.
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