Posted on 07/27/2021 9:56:23 PM PDT by cba123
No Chinese company involved in the CCP’s genocide, human rights abuses and use of forced labor should be able to access our markets and raise money from American investors
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House Speaker Nancy Pelosi, D-Calif. and Senate Majority Leader Chuck Schumer, D-N.Y. say they want to send what's being called a big China bill to President Joe Biden. That's Washington-speak for major legislation that will push back on China's economic power. But to back up their words with action, the two Democratic leaders are going to have to take on one of Washington’s most powerful special interest groups and financiers of the Democratic Party: Wall Street.
For decades, Wall Street has profited by helping the Chinese Communist Party (CCP) fund its companies via U.S. capital markets, exploiting tens of millions of unwitting American investors in the process. Thankfully, lawmakers on both sides of the aisle want to address this, including prominent legislators like Senators Marco Rubio, R-Fla., Elizabeth Warren, D-Mass., Tom Cotton, R-Ark. and Jeanne Shaheen, D-N.H.
But so far, Pelosi and Schumer have been unwilling to put Wall Street in the crosshairs and end the current status quo, in which well-known financial companies sell out America.
(Please see link for full article)
(Excerpt) Read more at foxbusiness.com ...
“The left is pretty scared though. That is a good sign.”
I read left wing media every day.(know thy enemy)
They’re are starting to turn on the Biden administration.
Nothing is getting done.
Why do we vote & give money to these leaders who do nothing?
They say.
The Democrat coalition should start to implode over the next 2-6 years.
It all depends if they can Nationalize our elections. If they get that ,America dies. If they don’t, they die. You don’t steal a Landslide election and get away with it unless you sieze absolute power.
“It all depends if they can Nationalize our elections. If they get that ,America dies. If they don’t, they die. You don’t steal a Landslide election and get away with it unless you sieze absolute power.”
Yep.
Good post.
Fox derides cancel culture while they have their own (internal) cancel culture for anyone not towing their line.
Nicholas managed to step on the toes of both Wall Street AND China.
Precisely. The DC-Wall Street Axis has sold out Main Street for Communist China. And Pelosi and Schumer are right in the middle of it.
Pelosi and Schumer are both funded by the Chinese. Most of the Dems are.............
” Pelosi and Schumer must stop Wall Street from funding the Chinese Communist Party “
Yeh, well... might have to stop the CCP from funding Pelosi and Schumer before that will ever happen.
“Precisely. The DC-Wall Street Axis has sold out Main Street for Communist China. And Pelosi and Schumer are right in the middle of it.”
As were both Bush presidents, John McCain and most of the Republicans in the House and Senate who voted for the WTO, NAFTA, CAFTA and the other “free trade” bills that opened our markets to mercantilist nations protecting their own markets while stealing intellectual property and subsidizing exports. Meanwhile the big Wall Street banks made a fortune financing the building of factories in foreign countries and assisting in the disposal of assets in the US. Not to mention all of the insider stock trading based on advance knowledge of outsourcing announcements.
Both political parties strongly supported the policies resulting in the deindustrializaton of the United States and politicians of both parties became wealthy on the insider deals. As did multinational corporation executives. Don’t forget all of the “non-profits” and consultants who were paid millions by the federal government (i.e. taxpayer) to retrain the displaced factory workers for those nonexistent “coding” jobs Biden always talks about. Add to that all the bureaucrats hired to provide social services for the unemployed in towns that were economically devastated. Drug lords and doctors writing prescriptions for opioids got their share as the people in economically devastated towns with no employment prospects turned to drugs and alcohol. The destruction of US manufacturing made many people in this country extremely wealthy. It was the middle class that paid the price.
Pelosi and Schumer certainly got their share. However, the powers that run the Republican party were just as guilty and perhaps more. Another reason if anyone thinks the Republican party is going to save the Republic, they are destined to be disappointed.
In the 1990’s, when the trade deals were negotiated and the outsourcing frenzy began there was one voice trying to warn the people of this country what was happening — Ross Perot. He was dismissed as a crazy nutcase. The middle class Reagan coalition loyally voted for the globalist free trader George H.W. Bush. Perot siphoned off enough votes to ensure Bush lost and Bill Clinton won in 1992. Then Clinton secured signage of the NAFTA treaty Bush had negotiated and cozied up to China.
Perot was the canary in the coal mine. Had he won in 1992, he would have been destroyed by the Washington politican/media alliance the same way Trump was destroyed.
Oh yeah, I wasn’t giving the non-America First Republican leadership a pass with that.
As long as the DNC gets its kick-back, NP & Chucky don't care.
Major legislation that will push back on China’s economic power.
Washington-speak for owned people doing a white wash job don’t we look good now.
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