I am surprised to see how much media attention is devoted to China and their imminent threat. China, though growing rapidly, is the economic size of less than Italy. It is roughly the same size as California. They have a $1.6 trillion economy; we have over an $11 trillion economy.
So many people are worried that Chinas buying of our treasuries will make us too beholden to them. The truth is, between Europe and Japan they are a very small (less than a quarter) percentage of foreign buying. If we cant compete with a communistic government that is about 15 percent the size or ours, something is wrong. I do agree we should have stopped them from buying Unocal.
How about Rafael Palmeiro? Here is a guy who told congress he didnt take any steroids, and then got busted on a test. Now, I like Palmeiro. I think he is a great baseball player. He is just dumb.
What he took was in and out of your system so fast; he must have just taken a shot. He knew he would get tested. Why would he not get off of it? I had no problem with guys who took legal substances when they were not against baseball rules, but now they are against the rules.
However, please dont tell me it hurts the integrity of the game. The great Ty Cobb was reported to have killed a man; I dont think that is true. However, Babe Ruth was a booze bag, which I know is true. So forget the integrity of the game from all these so called purists.
