He gets paid for so,ething I’ve been saying for years.
No mention of the Ports America deal.
Wonder why they left that out...
... and the clintons.
I recall when Loral was allowed to sell missile technology to Red China. It came in connection with a large cash transfer to Bill Clinton. At the time, it enabled the Chinese to engineer multiple warhead missiles, which had eluded them until Loral showed them how to do it.
We were thinking "more clearly" about that for decades before strict prohibitions of relying on China for anything were ended and politicians and trans-national corporations scrapped it all and brought us to the current situation.
Rush Limbaugh stained his otherwise good reputation with his pro globalist Bushie libertarian offshoring “Free Trade” propaganda.
Most Freepers are anti US worker free traders. They don’t care. They see a union thug behind every blade of grass...
The solution to promote domestic industry and to increase the revenue/decrease govt debt is with an ACROSS THE BOARD import tariff. Works every tome.
When one side is a free capitalist market and the other is still a closed, corrupt mercantilist market willing to use slave labor, how will things work out?
To consider, with an abundance of slave labor, and little value to individual human life, China has a virtual endless supply of cheap labor, cheaper than robots, which have an inherent cost of being made. The only thing China needs is a Customer.
And cheapest is destroying all other companies
Perhaps our labor unions should turn to domestic job creation.
Funds for a factory startup could come from union and local & state government pension funds, worker share purchases, and a bond issue.
Another possibility is specialized small factories.
One group of a few people might own and run a small automated casting factory.
Another group of people might own a small casting machining factory.
Unions need to become more like venture capitalists and less like payroll deduction seekers.
China can fairly easily build high-quality weapons systems.
It only takes will, money and the hiring of the right skilled people.
“Unwinding”
China unless it does something stupid, like trying to take over Taiwan, only to have its major cities nuked, will be the leading economic and military power for at least the next 100 years.
Like the US surpassing Great Britain from the mid-1880s to 1918, China will gradually surpass the US in more and more fields.
The Chinese constitution requires people to work if they are capable and not too young or old.
The Chinese don’t have SNAP rice bowls.
If you want to eat rice, get job.
Chicom - bump for later....