They came because Democrats will let them stay May 31, 2014
Posted by hslu in Economics, Politics.Tags: illegal immigrants
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Last year, the border patrol agency caught 154,453 illegal immigrants entering into the US.
They came here because they knew Obama, Pelosi and Reid will let them stay.
Just read the attached report.
Single payer insurance plan is coming May 31, 2014
Posted by hslu in Congress, Economics, Health Insurance, Obamacare, Politics.Tags: ObamaCare
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Answer this question whether you are for or against Obamacare:
‘Why would a company want to mess
with its employees’ health insurance
if the federal government can do it
through Obamacare?’
The answer is of course ‘no one.’
I have predicted that America will eventually evolve into a single payer health insurance system with the federal government determining who will get what treatment and medicine for an illness at what age.
By extension, the federal government through the death panel will decide who will be left for dead because it is not cost effective to keep certain people alive.
The only thing that surprised me was that I didn’t expect it will happen so fast. About 80 to 90% of the US companies, according to a study by S&P IQ, will stop offering employer sponsored health insurance policies to their employees in as few as 10 years. The 5-40-2015 article can be found on Fox News site.
The train has left the station and we all can expect VA-like treatments soon. Congress is exempted from Obamacare though. You and I are not.
Don’t get sick if you can! When you are sick, you may have to wait for a month before seeing a doctor.
$400 billion?No,it‘s ¥2.5 trillion 人民币 May 30, 2014
Posted by hslu in China, Cold War, Economics, Energy, Global Affair, Oil.Tags: China, China National Petroleum Corp, CICA Summit, Gazprom, Natural gas, Russia
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Chinese President Xi Jinping and Russia President Vladimir Putin signed a 30-year natural gas deal on May 21, 2014 during the 4th annual CICA Summit (26 member nations) in Shanghai.
中俄签30年天然气购销合同 总价值4000亿美元
The contract, the largest ever for Russia, stipulated that Russian gas company, Gazprom, will supply China National Petroleum Corp. with 38 billion cubic meters of gas annually for 30 years.
Source: http://news.sina.com.cn/c/2014-05-22/023030192168.shtml
It is valued at $400 billion according to western news media.
The contract is significant for both Russia and China economically and politically. Russia got a new market, in additional to Europe, for its vast natural gas resources. China secured a long-term supply of cleaner energy to replace its coal consumption. The contract has been negotiated for 10 years and Russia’s take over of Crimea and the subsequent US’s sanction definitely forced Putin’s hand. American’s action pushes China and Russia into economical alliance and the new world order of three kingdoms is in place.
A more significant but less reported development of this contract was that the natural gas will not be paid for in US dollars. It will be paid for by Renminbi instead. At current exchange rate, it will be worth ¥2.5 trillion 人民币。
Well, slowly but surely, the dominance of the US dollar in world trade is being chipped away one deal at a time.
The time will come when US dollar is no longer the world reserve currency and Americans better be prepared for the inevitable.
Great Harvest Bread Co., Warrenton VA May 25, 2014
Posted by hslu in Food, Restaurants, Travel.Tags: Claire's, Great Harvest Bread Co., Warrenton VA
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Stop by this small sandwich and bakery shop when you drive through Warrenton, Virginia. It is about 40 miles southwest of Washington, DC. Great Harvest is in the old town away from the major thoroughfare, US 29.
‘Would you like to try a piece of our bread? We have 。。。。。。today.’ This is what you’ll hear first when you approach the counter. Most if not all people do and you’ll get a whole slice with or without butter.
We had Turkey and swiss, a cup of coffee and a glass of lemonade. We also got a jar of gelly made from ginger and blueberry.
Warrenton is a lovely small town with nicely maintained yards and neat houses. Downtown area is quiet and most shops were closed on a sunny Sunday afternoon.
The restaurant we wanted to go first, Claire’s, was closed at 2 pm and we had to settle with a sandwich shop. At least, we weren’t disappounted.
You will find it enjoyable too. Friendly service and free slice of bread help too.
Sub Middle-Class May 23, 2014
Posted by hslu in Economics, jobs, Retirement.Tags: Middle class
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According to a report by Country Financial, 25% of Americans are not saving for retirement at all.
http://mob.cnbc.com/us_news/101701441
Well, some of them are paying down their student loans. Some of them think retirement is too far away to worry about it now. Some might be paying off their credit card debts because they think life is too short to delay gratification now.
But, these weren’t the major problems at all. The most disturbing finding by the report is that 46% of these people who saved $0 for their retirement said ‘they cannot do so on a middle-class income.’
They have slipped away from the middle-class and into what I called the ‘Sub Middle-Class.’ They have become the slaves of the middle-class dream in the United States. They are slaves of their houses. They are slaves of their cars. They are slaves of their credit cards. They are slaves of their flat TVs and vacations. Everyone around them is doing the middle-class thing and they have to do it too.
Unfortunately the jobs that have been creating middle class dreams in the US are now in China, India, Thailand, Australia, Brazil and Russia.
Money has flowed to greener pastures in foreign countries and many Americans are left behind the middle class gravy train. Their tickets have been invalidated by the structural problems of the US economy.
Well, at least they are the top tier of the low income class. They have become the sub middle-class in the United States.
The standard of living in the US is slowly slipping away.
But don’t worry, America still has many billionaires. Raise their income tax rate to 75%. Tax their wealth and make them give their money to soup kitchens instead of Harvard Endowment Funds. Make everyone
我家对面的小餐馆 May 23, 2014
Posted by hslu in Chinese Food, Cooking, Restaurants, Shanghai, Travel.Tags: 餐馆, 浦东
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围炉夜话 May 23, 2014
Posted by hslu in China, Chinese Food, Cooking, Restaurants, Shanghai, Travel.Tags: 回鱼, 围炉夜话, 江团鱼, 淮海路, 上海浦西
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It’s a restaurant, btw. We are not talking about getting around a fire and BS all night long.
The restaurant is famous for baked whole fish and they have several restaurants in Shanghai to proof its popularity. We went to the one on Huaihai Lu, 淮海路 in 浦西, 上海。
There are seven ways to season the fish ranging from mild to fire。
Too bad, my wife doesn’t know how to bike May 22, 2014
Posted by hslu in Shanghai, Taipei, Travel.Tags: Bicycle
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