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How about multinational corporations that work against the best interests of the nation because they have got in bed with the chinese communists?

Jim Owens, chairman and chief executive of Caterpillar on Wednesday warned that deteriorating trade relations between the US and China could plunge the global economy into recession and called on Congress to back away from protectionist measures. He spoke as Congress prepares to consider legislation that could impose a range of tariffs on Chinese exports in an effort to slim a trade deficit that ballooned to more than $200bn .

So Congress wants to do something to stablize our economy, but the multinational corporate head winds up as a mouthpiece for the chinese government insisting that any moves on our part will create a global catastrophe.

That truly is the antithesis of the independent country we once were, and we can thank all the "free traders" out there for it.

China this week pledged to meet US complaints about the trade imbalance as part of next month’s trip to Washington by Hu Jintao, Chinese president, but has also warned the US to take responsibility for its economic problems.

Would that be taking back some of the debt China has purchased to artificially lower our interest rates? How has the US got into a position where China is warning us about our economy?

So Congress wants to do something to stablize our economy...That truly is the antithesis of the independent country we once were, and we can thank all the "free traders" out there for it.

Go Hedgetrimmer, Go!

Spot on! Government needs to get involved to protect us from unfair competition.

Jim Owens, chairman and chief executive of Caterpillar might be a great guy. He might love his kids, remember his anniversary and wife's birthday, and buy the losing team at little league Dairy Queen after a 16 to zip shut out...

But, if he acts or says anything that is counter to the best interests of his company and its shareholders in his capacity as CEO, then he should be canned. And right now, as it happens, his interests apparently are with the Chinese.

But again, blame the politicians. If a law was passed tomorrow stating that Americans couldn't sell earth movers to China, Owens' company would take a hit, but like a good CEO he'd have to roll up his sleeves and sell his earth movers someplace else.