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Show Talk

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Local News

  • Free Shred Day Tomorrow 04/20/18A 05:35 S.S.

    A free paper-shredding event is scheduled to be held tomorrow. Up to 50 pounds of paper can be shredded for free, while additional shredding will cost people 25 cents per Read More
  • Development in SC? 04/20/18A 05:23 S.S.

    A developer has submitted plans to construct a 6-story mixed-use (residential/commercial) building where a Taco Bell currently sits on the corner of Laurel Street And Pacific Avenue in Santa Cruz. Read More
  • Heart Surgeon Charged 04/20/18A 05:14 S.S.

    A  local  heart  surgeon  has  been  charged  with  sexual  battery.      That  after  2  employees  of  Salinas  Valley  Memorial  Hospital  reported  that  they  saw  him  groping  a  patient  after  he  performed  surgery. Read More
  • KC Woman Accused 04/20/18A 03:10 S.S.

    A 20 year-old King City woman is accused of conning a man to drive her to an isolated area, where she robbed and then pistol-whipped her victim. Although the incident Read More
  • Sea Otter Classic 04/20/18A 03:00 S.S.

    The 28th annual Sea Otter Classic kicked off yesterday at the newly-named WeatherTech Laguna Seca. Thousands of mountain bikers are running in dozens of races from now through Sunday. The Read More
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The following is a KSCO commentary.  Here is Kay Zwerling:

          As we think about China and how she has so rapidly become a world presence, we may remember Napoleon’s famous description “Let China sleep for when she awakens she will shake the world.”  

          In 1979, my husband Barry and I were in China just when our two governments agreed to trade with each other.  The Chinese people were ecstatic.  They dancing in the streets.  I wondered how all this would play out.  The agrarian country was now becoming a world trader.  Let’s fast forward to 2008.

          In our eagerness to trade with China, it became – and still is – lopsided.   It is called free trade where one side only benefits.  

          Fair trade is when I give you 50% and you give me back 50%.  

Along the way, somehow we seduced ourselves into giving up our own industries which had kept us independent.  We thought now being a service-oriented society would be good.

Stupidly, we sent away our American jobs, all our manufacturing, and we sent them to China and India. 

          The U.S. has really been living in a fools’ paradise on a phony economy.   Now we are world dependent.  We have helped China to become so wealthy that she owns us, because most of her profits are in billions and are invested in our nation.

          A recent interview in Barron’s, the financial periodical, is very compelling.  Listen… We have not been through anything like what we are going through now.    We have been able to convince the world lately to lend us and to provide us with goods that we do not produce anymore and that we cannot afford to pay for.   And now the problem is big, especially since the real estate bubble.

          The U.S. is now an empire that is sustained by borrowing from friends and anyone else who will give us credit.  Our creditors hold hundreds of billions of dollars, but the dollar continues to weaken and our foreign creditors could take a huge loss in their dollar holdings.

          Are we now a global mess?

          Did our national leaders err by encouraging us to give up our own industries? 

          I say we should resurrect what worked for us before – and that is our own industries and reject our dependency on other nations.   Now with China and India in the world market, the global workforce is in the billions so the inflation of workers creates resentment and competition.   The stage is set to the inevitable confrontation of China and India vs. the U.S. and Europe, and how that situation will play out remains to be seen.  

          I still say let’s go back to manufacturing which worked for us before.  Let’s not wait.  Let’s do it now, not later.

For KSCO, this is Kay Zwerling.

The long requested book of Kay’s commentaries is now available for purchase online at our KSCO.com website, right on the home page.  For $24.95 plus shipping and handling, it’s applicable.  Treat yourself to this wonderful book full of Kay’s wisdom, thoughts, and humor.  It makes a great, and all proceeds support KSCO your favorite radio station.   Go to KSCO.com and buy Kay’s book today. 

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