U.S. Oblivious to Day of Reckoning

Wednesday, February 13, 2008

The United States is being drained of its economic wealth by Asian leaders, who dupe our politicians and Executive Branch officials and take advantage of our tree trade policies. The communist Chinese leaders, in particular, take offense at our superpower status and show hostility to our naval fleet in oceans that border their shores.

China does not have to fight a war to have the fleet go home. It is much easier and less costly to mislead and deceive our government officials into making decisions that destroy our wealth-producing manufacturing capacity. Cheap labor, visions of large markets, and greed for profits have seduced our transnational corporate managers and owners.

They outsource labor, capital, technology, research and development, manufacturing know-how, and trade secrets. They are dismantling our wealth-producing industries, and these owners and managers do not have loyalty or allegiance to thCreatee United States. As our economic strength declines, so will our Navy’s presence in the Pacific and our ability to defend our country.

The Chinese have already accomplished so much economic damage that it is both dangerous and frightening.

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http://www.americaneconomicalert.org/view_art.asp?Prod_ID=2940