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First of all, the US imports all sorts of things from all over the word including gas, oil, electricity, semiconductors, uranium, steel, autos and just about anything else you can think of. We also export a lot of things as well. Should we declare that US citizens cannot import or that they cannot set up shop to do business in other countries? Should we be telling other people that they should have to live in poverty and not try to gain more affluence?

Secondly, look at the attitude of entitlement that people in the US have towards government entitlements. People think that they should get all the meds they can ingest or all the medical procedures they can handle even though they are not really paying for them. We can spend $700 billion plus per year on defense when no one is willing to increase their taxes to pay for the troops. We can keep borrowing $$ to pay the interest on debts we have already accrued?

This has nothing to do with globalism. We spend too damned much in this country both on government AND personal items and use debt to fund it. $500 billion plus per year on debt service that could have been used to reduce taxes for people who work.

We have the largest trade deficit with China, money they in the past they have loaned to the US to pay for the very entitlements that one decries.

In essence, Globalism made China, for a time they were content with loaning us their money made from it, now they are withdrawing from such purchases of .Gov debt.

Prior to the mid 90’s, why weren’t the ChiComs purchasing such quantities of US debt?

Because they did not have the money, via Globalsim and Outsourcing well gosh, they sure got wealthy all of the sudden..

"Secondly, look at the attitude of entitlement that people in the US have towards government entitlements."

Agreed. Corporations that depend on their control of government do manufacture their expensive entitlements: for example, destruction of families for the purpose of enlarging the labor pool and preventing domestic competition. Efforts of their relatives, employees and other associates for environmentalism (against small competition) have been even more interesting in local commissioners' meetings around the country.

The following are Fortune 500s that filed briefs in favor of “affirmative action” in the Michigan “Grutter v. Bollinger” (Michigan University) case.

http://www.umich.edu/~urel/admissions/legal/gru_amicus/32_internatl.pdf

3M
Abbott Laboratories
American Airlines
Ashland
Bank One
Boeing
Coca-Cola
Dow Chemical
E.I. Du Pont De Nemours
Eastman Kodak
Eli Lilly
Ernst & Young
Exelon
Fannie Mae
General Dynamics
General Mills
Intel
Johnson & Johnson
Kellogg
KPMG
Lucent Technologies
Microsoft
Mitsubishi
Nationwide Mutual Insurance
Nationwide Financial
Pfizer
PPG
Proctor & Gamble
Sara Lee
Steelcase
Texaco
TRW
United Airlines
General Motors Corporation

http://www.umich.edu/~urel/admissions/legal/gru_amicus/gru_gm.html