Saturday, January 26, 2013

DeKalb GOP Meeting Feb 9th

To: NTL Conservative Blog Readers in DeKalb



We have been invited by the DeKalb GOP to join other conservatives to elect Republican party officers, starting with Precinct Chairs and delegates to the county convention.

People who chose to be delegates to the county convention at the precinct meeting will meet on March 9th, 2013 to elect county party officers and delegates to the congressional district and state conventions. "

Invitation: 
Saturday, February 9, 2013,
Lakeside HS, 3801 Briarcliff Road NE, Atlanta 30345,
9 AM. to Noon, This is the DeKalb GOP “Mass Meeting”. 
You will sign in by Precinct, meet with you neighbors and elect a Precinct Chair.  There is no charge; we don’t have to pay dues or join the GOP. We just have to be registered voters.
It should last a couple of hours. You sign in and sit with others in your precinct. The task is
to elect a chair.  We want Constitutional conservatives to be elected, so the question to
ask is if they would feel better if the federal government would get out of most of what they
do and give it to the states and the people. You don't want to vote for them if they don't
agree with that.  We need state delegates with the same idea.
 
Reforming our government is a bottom-up job. See you Feb 9th.
Norb Leahy, Dunwoody GA Tea Party Leader




 
 

Friday, January 25, 2013

U.S. Economic Decline

Individual freedom to produce, peaked and declined in the U.S. over the past 100 years.  Advances in technology came with improved applied science. Many of these advances were answers to real problems that active experimentation unlocked. This applied to inventions and processes and both became valuable intellectual property. 

These advances were not restricted to electricity, manned flight and assembly lines, but included durable and nondurable goods, and multiple industries like agriculture and medicine.  Chemists extracted plant juices and discovered their properties and uses and developed synthetics using the same chemicals.  They developed new materials like nylon.  The invention of labor saving devices and better processes resulted in the explosion of products we see today.
The U.S. had become the go-to place to learn product design and manufacturing.  We had the resources and capitol to pursue all endeavors.  There was a time when new grads were free to pursue anything they thought they could handle.  In the period from 1900 to 1940, many Americans left school after 8th grade with fully developed skills sufficient to start a business.  Many went to Tech Schools to learn a trade and then opened businesses in that trade.  Many more left school after High School and did the same thing.  Those who wanted to be chemists, engineers, teachers, lawyers, doctors and dentists, took the college courses required to enter these fields.  After 1940, High School graduation was the standard.
By the 1950s, most large companies had overseas operations and sold American manufactured goods world-wide.  Many foreign companies tried to copy our designs, but their products were not as good.  Many foreign countries, knowing that manufacturing was needed to build their economies, required U.S. companies to build part of their products in their country before they allowed the U.S. to sell in that country.
By the 1960s, we noticed the first signs of decline.  After 1961, college entrance exam scores began to drop and manufacturing costs had risen to the point where changes were needed.  Productivity in the U.S. flattened out and in 1970s product quality problems became apparent.
Our government was busy from 1900, but the accumulation of their efforts resulted in our economic decline. They had given in to whatever pressures they received from destructive groups of lobbyists, from labor, environmentalists, entitlement promoters, foreign aid fans and others.  These groups were further supported by academics, artists, the media, hollywood and foundations looking for causes.  Most of these groups had ample numbers of socialists and communists and they all loved the U.N.. They had nothing in common with us folks working in the private economy.  They did have time to spend with our elected officials, who we generally ignored.
By 1970, taxes were high and productivity was low. Regulations strangled industries and the bureaucracies build by the government were at war with manufacturing. Strategic resource manipulation was eminent.  Government was blindsided by the deliberate middle east oil shortage and our own oil drilling had ceased because of low prices.  The inflation created by Lyndon Johnson’s money printing during the Vietnam and poverty wars was coming due and produced “stagflation.  In the late 1970s we had real 7% annual inflation, 9% unemployment, 13% interest rates and car prices doubled overnight in 1978.
Labor had bribed Congress into strangling business with labor laws. Permits were made harder to get.  Big agribusiness was swallowing up family farms. Laws protecting us from ourselves became popular. Government involvement made healthcare costs rise along with education costs.  Business found itself in a hostile environment.
In 1980, Ronald Reagan made the case that government was the problem and got elected, cut taxes and created growth just in time for the electronics manufacturing boom we had with the development of the personal computer.  He ended the “cold war” with the USSR and strengthened our economy.  Unions declined, quality problems were solved and businesses sold products world-wide.
In 1988 Republican, George HW Bush became President, but governed like a Democrat and signed more useless labor law and government intrusion laws to bloat the bureaucracies.  In 1992, Bill Clinton became President and signed NAFTA, the first of many trade agreements the ushered manufacturing our of the U.S. Government said we were entering the “information age”. This propaganda ushered in the full-on decline of the U.S. economy.  Since then, the government has become unsustainably expensive along with everything it touched.  Despite the fact that George W. Bush knew he needed to dismantle the government, he never did.  By the time Comrade Obama  was elected in 2008, we were in full decline and ready to morph into a one-party communist republic.
This was a government designed failure.  We let our enemies from within take over the government and they have ruined the country.
We can recover from this, but we will need to clean house and replace almost every elected official.  Then we need to demand that they begin to repeal unconstitutional laws and economy killing regulations and cut government spending in half.  We need to replace the media and put up the tracking systems we will need to ensure that reforms are being made. We need to take over our political parties at the Precinct level this month.
Norb Leahy, Dunwoody GA Tea Party Leader

 

Thursday, January 24, 2013

China Rising, U.S. Broke


Is China Planning "China Cities" and "Special Economic Zones"
All Over The U.S.?
<http://www.yolohub.com/economy/is-china-planning-china-cities-and-special-
economic-zones-all-over-the-u-s>
 
USA pays $100 million a day in interest...and what China is going to do
about it.
 
What in the world is China up to?  Over the past several years, the Chinese
government and large Chinese corporations (which are often at least partially
owned by the government) have been systematically buying up businesses,  
homes, farmland, real estate, infrastructure and natural resources all over  
America.  In some cases, China appears to be attempting to purchase entire
communities in one fell swoop. 

So why is this happening?Is this some form of "economic colonization" that
is taking place?  Some have speculated that China may be intending to
establish "special economic zones" inside the United States modeled after
the very successful Chinese city of Shenzhen.  
 
<http://en.wikipedia.org/wiki/Shenzhen>
 
Back in the 1970s, Shenzhen was just a very small fishing village, but now
it is a sprawling metropolis of over 14 million people.  Initially, these " special
economic zones" were only established within China, but now the Chinese
government has been buying huge tracts of land in foreign countries such
as Nigeria and establishing special economic zones in those nations.  So
could such a thing actually happen in America?  
 
<http://en.wikipedia.org/wiki/Special_Economic_Zones_of_the_People%27s_Republic_
of_China>
<http://www.businessdayonline.com/NG/index.php/analysis/editorial/50460-special-
economic-zones-in-nigeria>
 
Well, according to Dr. Jerome Corsi, a plan being pushed by the Chinese
Central Bank would set up "development zones" in the United States that
would allow China to "establish Chinese-owned businesses and bring in
its citizens to the U.S. to work."  Under the plan, some of the $1.17 trillion  
that the U.S. owes China would be converted from debt to "equity". 
 
<http://www.wnd.com/2013/01/china-poised-to-play-debt-card-for-u-s-land/>
<http://www.wnd.com/2013/01/china-poised-to-play-debt-card-for-u-s-land/>
 
As a result, "China would own U.S. businesses, U.S.
infrastructure and U.S. high-value land, all with a U.S. government
guarantee against loss."  Does all of this sound far-fetched?  Well, it
isn't.  In fact, the economic colonization of America is already far more
advanced than most Americans would dare to imagine.
 
So how in the world did we get to this point?  A few decades ago, the
United States was the unchallenged economic powerhouse of the world
and China was essentially a third world country.
 
So what happened?
 
Well, we entered into a whole bunch of extremely unfavorable "free
trade" agreements, and countries such as China began to aggressively
use "free trade" as an economic weapon against us.
 
Over the past decade, we have lost tens of thousands of businesses
and millions of jobs to China.  When the final numbers for 2012 come
out, our trade deficit with China for the year will be well over 300 billion  
dollars, and that will be the largest trade deficit that one country has
had with another country in the history of the world.
 
<http://www.census.gov/foreign-trade/balance/c5700.html>
 
Overall, the U.S. has run a trade deficit with China over the past decade
that comes to  more than 2.3 trillion dollars.  That 2.3 trillion dollars could
have gone to U.S. businesses and U.S. workers, and in turn taxes would
have been paid on all of that money.  But instead, all of that money went
to China
 
<http://www.census.gov/foreign-trade/balance/c5700.html>
. <http://www.census.gov/foreign-trade/balance/c5700.html>
 
Rather than just sitting on all of that money, China has been lending much
of it back to us - at interest.  We now owe China more than a trillion dollars,
and our politicians are constantly pleading with China to lend more money
to us so that we can finance our exploding debt.
 
<http://theeconomiccollapseblog.com/archives/the-sovereign-debt-bubble-will-continue-to-
expand-until-bang-the-system-implodes>
 
Today, the U.S. government pays China approximately 100 million dollars
a day in interest on the debt that we owe them.  Those that say that the
U.S.debt "does not matter" are being incredibly foolish.
 
So thanks to our massive trade deficit and our exploding national debt,
China is systematically getting wealthier and the United States is
systematically getting poorer.
 
And now China is starting to use a lot of that wealth to aggressively
expand their power and influence around the globe.
 
But isn't it more than a bit far-fetched to suggest that China may be
planning to establish Chinese cities and special economic zones in
America?
 
Not really.
 
Just look at what has already happened up in Canada.  It is well-known
that the Chinese population of Vancouver, Canada has absolutely  
exploded in recent years.  In fact, the Vancouver suburb of Richmond
is now approximately half Chinese.  The following is an excerpt from
a BBC article.
 
<http://www.bbc.co.uk/news/world-radio-and-tv-18149316>
 
Richmond is North America's most Asian city - 50% of residents here
identify themselves as Chinese. But it's not just here that the Chinese
community in British Columbia (BC) - some 407,000 strong - has left
its mark. All across Vancouver, Chinese-Canadians have helped
shape the local landscape.
 
A similar thing is happening in many communities along the west coast
of the United States.  In fact, Chinese citizens purchased one out of
every ten homes that were sold in the state of California in 2011.
 
<http://www.youtube.com/watch?v=kVSJOPG745M>
 
But in other areas of the United States, the Chinese are approaching
things much more systematically.
 
For example, as I have written about previously, a Chinese group
identified as "Sino-Michigan Properties LLC" has purchased 200 acres
of land near the town of Milan, Michigan.  Their stated goal is to build a
"China City" that has artificial lakes, a Chinese cultural center and
hundreds of housing units for Chinese citizens.
 
<http://endoftheamericandream.com/archives/a-chinese-group-plans-to-construct-
a-200-acre-china-city-in-michigan>
 
In other instances, large chunks of real estate in major U.S. cities that
are down on their luck are being snapped up by Chinese investors.   
Just check out what a Fortune article from a while back says has been
happening overin Toledo, Ohio.
 
<http://finance.fortune.cnn.com/2012/06/20/toledo-china-real-estate/?iid=HP_River>
 
In March 2011, Chinese investors paid $2.15 million cash for a restaurant
complex on the Maumee River in Toledo, Ohio. Soon they put down
another $3.8 million on 69 acres of newly decontaminated land in the
city's Marina District, promising to invest $200 million in a new residential
-commercial development. That September, another Chinese firm spent
$3 million for an aging hotel across a nearby bridge with a view of the
minor league ballpark.
 
Toledo is being promoted to Chinese investors as a " 5-star logistics
region".  From Toledo it is very easy to get to Chicago, Detroit, Cleveland,
Pittsburgh, Columbus and Indianapolis.
 
<http://finance.fortune.cnn.com/2012/06/20/toledo-china-real-estate/?iid=HP_River>
 
With a population of 287,000, Toledo is only the fourth largest city in Ohio,
but it lies at the junction of two important highways - I-75 and I-80/90. "My
vision is to make Toledo a true international city," Toledo's Mayor Mike Bell
told the Toledo Blade.
 
But some of these deals appear to be about far more than just making
"investments".  According to the Idaho Statesman, a Chinese company
known as Sinomach (which is actually controlled by the Chinese  
government) was actually interested in developing a 50 square mile  
self-sustaining "technology zone" south of the Boise airport.
 
<http://www.idahostatesman.com/2010/12/31/1472023/chinese-company-eyes-boise.html>
 
A Chinese national company is interested in developing a 10,000- to
30,000-acre technology zone for industry, retail centers and homes
south of the Boise Airport.
 
Officials of the China National Machinery Industry Corp. have broached
the idea - based on a concept popular in China today - to city and state
leaders.
 
<http://www.idahostatesman.com/2010/12/31/1472023/chinese-company-eyes-boise.html>
 
The article suggested that this "technology zone" would be modeled after
similar projects that already exist in China, and that Chinese officials were
conducting similar negotiations with other U.S. states as well. Sinomach
is not looking only at Idaho.
 
The company sent delegations to Ohio, Michigan and Pennsylvania this
year to talk about setting up research and development bases and
industrial parks. It has an interest in electric transmission projects and
alternative energy as well.
 
The technology zone proposal follows a model of science, technology
and industrial parks in China - often fully contained cities with all service
included.
 
Thankfully the deal in Idaho appears to be stalled for now, but could we
soon see China establish special economic zones in other communities
all around America?
 
The Chinese certainly do seem to be laying the groundwork for
something. They have been voraciously gobbling up important
infrastructure all over the country.  The following comes from a
recent American Free Press article.
 
<http://americanfreepress.net/?p=6546>
 
In addition to already owning vital ports in Long Beach, Calif. and
Boston,Mass., the  <http://www.cosco.com/> China Ocean Shipping
<http://www.cosco.com/> Company is eyeing major ports on the
East Coast and Gulf of Mexico. China also owns access to ports
at the entry and exit points of the Panama Canal.
 
And due to fiscal woes plaguing many American cities and states, U.S.
legislators have been actively seeking out Chinese investors. In one of
the worst cases, Baton Rouge, La., Mayor Kip Holden offered the
Chinese government ownership and operating rights to a new toll way
system if the Chinese would provide the funding to build it.
 
Does it make sense for the Chinese to own some of our most important
ports? Isn't there a national security risk?
 
Sadly, there isn't much of anything that our politicians won't sell these
days as long as someone is willing to flash a lot of cash.
 
The Chinese have also been busy buying up important real estate on
the east coast as a recent Forbes article explained..
<http://www.forbes.com/sites/investor/2011/09/15/whats-china-buying-in-the-u-s/>
 
According to a recent report in the New York Times, investors from
China are "snapping up luxury apartments" and are planning to spend
hundreds of millions of dollars on commercial and residential projects
like Atlantic Yards in Brooklyn. Chinese companies also have signed
major leases at the Empire State Building and at 1 World Trade Center,
the report said. But it is not only just land and infrastructure that the
Chinese have been buying up.
 
They have also been purchasing rights to vital oil and natural gas
deposits all over the United States. There have been two Chinese
companies that have been primarily involved in this effort. The first
is the China National Offshore
Oil Corporation (CNOOC).  According  to Wikipedia, CNOOC is
100 percent owned by the Chinese government.
 
<http://en.wikipedia.org/wiki/China_National_Offshore_Oil_Corporation>
 
CNOOC Group is a state-owned oil company, fully owned by the
Government of the People's Republic of China, and the State-Owned
Assets Supervision and Administration Commission of the State Council
(SASAC) performs the rights and obligations of shareholder on behalf
of the government.
 
The second is Sinopec Corporation.  Sinopec Group is the largest
shareholder (approx. 75% ownership) in Sinopec Corporation.  And
as the Sinopec website tells us, Sinopec Group is fully owned by
the Chinese government.
 
<http://english.sinopec.com/about_sinopec/our_company/20100328/8532.shtml>
 
Sinopec Group, the largest shareholder of Sinopec Corp., is a
super-large petroleum and petrochemical group incorporated by the
State in 1998 based on the former China Petrochemical Corporation.
Funded by the State, it is a State authorized investment arm and
State-owned controlling company.
 
So whenever you see CNOOC or Sinopec, you can replace those
names with the Chinese government.  The Chinese government
essentially runs   both of those companies.
 
And as you can see from the following list compiled by the Wall
Street Journal, those two companies have been extremely
aggressive in buying up rights to oil and natural gas all over the nation.
 
<http://blogs.wsj.com/deals/2012/03/06/chinas-footprint-in-us-oil-a-state-by
-state-list/>
 
Colorado: Cnooc gained a one-third stake in 800,000 acres in
northeast Colorado and southeast Wyoming in a $1.27 billion pact
with Chesapeake Energy Corp.
 
Louisiana: Sinopec has a one-third interest in 265,000 acres in
theTuscaloosa Marine Shale after a broader $2.5-billion deal with
Devon Energy.
 
Michigan: Sinopec gained a one-third interest in 350,000 acres in
a larger $2.5 billion deal with Devon Energy.
 
Ohio: Sinopec acquired a one-third stake in Devon Energy's
235,000 Utica Shale acres in a larger $2.5 billion deal.
 
Oklahoma: Sinopec has a one-third interest in 215,000 acres
in a broader $2.5 billion deal with Devon Energy.
 
Texas: Cnooc acquired a one-third interest in Chesapeake
Energy's 600,000 acres in the Eagle Ford Shale in a $2.16-billion
deal.
 
Wyoming: Cnooc has a one-third stake in 800,000 acres in northeast
Colorado and southeast Wyoming after a $1.27 billion pact with
Chesapeake Energy. Sinopec gained a one-third interest in Devon
Energy's 320,000 acres as part of a larger $2.5 billion deal.
 
Gulf of Mexico: Cnooc Ltd. separately acquired minority stakes
in some of Statoil ASA's leases as well as six of Nexen Inc.'s
deep-water wells.
 
So why is the U.S. government allowing this?
 
That is a very good question.
 
For a nation that purports to be pursuing "energy independence",
we sure do have a funny way of going about things. Unfortunately,
the sad truth is that China is absolutely mopping the floor with the
United States on the global economic stage.  China is rising and
America is in an advanced state of decline.  Global economic  
power has shifted dramatically and most Americans still don't
understand what has happened.
 
<http://theeconomiccollapseblog.com/archives/34-signs-that-america-is-in-decline>
 
The following are 44 more signs of how dominant the economy
of China has become.
 
A Chinese firm recently made a $2.6 billion offer to buy movie
theater chain AMC.  (and they did. why the movie RED DAWN
was delayed and enemy was changed from China to Koreans!)  
<http://money.cnn.com/2012/07/25/investing/china-investing-us/index.htm?iid=
HP_River>
 
A different Chinese firm made a $1.8 billion offer to buy aircraft
maker Hawker Beechcraft.
<http://money.cnn.com/2012/07/25/investing/china-investing-us/index.htm?iid
=HP_River>
 
In December it was announced that a Chinese group would be
purchasing AIG's plane leasing unit for $4.23 billion.
<http://www.bloomberg.com/news/2012-12-10/chinese-investors-buy-80-of-
aig-plane-unit-for-4-23-billion.html>
 
It was recently announced that the Federal Reserve will now
allow Chinese banks to buy up American banks.
<http://www.washingtonpost.com/politics/federal-reserve-grants-first-approva
l-for-chinese-bank-to-purchase-us-bank/2012/05/09/gIQA0VpVDU_story.html>
 
A $190 million bridge project up in Alaska was awarded to a
Chinese firm.
<http://abcnews.go.com/US/bringing_america_back/american-infrastructure-jobs-
shipped-china/story?id=14592567>
 
A $400 million contract to renovate the Alexander Hamilton
bridge in New York was awarded to a Chinese firm.
<http://abcnews.go.com/US/bringing_america_back/american-infrastructure
-jobs-shipped-china/story?id=14592567>
 
A $7.2 billion contract to construct a new bridge between San
Francisco and Oakland was awarded to a Chinese firm.
<http://abcnews.go.com/US/bringing_america_back/american-infrastructure-
jobs-shipped-china/story?id=14592567>
 
The uniforms for the U.S. Olympic team were made in China.
<http://www.theatlanticwire.com/global/2012/07/americas-olympic-uniforms-
are-still-made-china/54449/>
 
85 percent of all artificial Christmas trees are made in China.
<http://travel.nationalgeographic.com/travel/countries/china-quiz/>
 
The new World Trade Center tower is going to include glass
that has been imported from China.
<http://endoftheamericandream.com/archives/new-world-trade-center-tower-to-be-
made-with-glass-from-china-and-steel-from-germany>
 
The new Martin Luther King memorial on the National Mall was made
in China.
<http://www.telegraph.co.uk/news/worldnews/asia/china/8715823/Martin-Luther-King-
memorial-made-in-China.html>
 
In 2001, American consumers spent 102 billion dollars on products
made in China.  In 2011, American consumers spent 399 billion
dollars on products made in China.
<http://www.guampdn.com/article/20120813/OPINION02/208130313>
 
The United States spends about 4 dollars on goods and services from
China for every one dollar that China spends on goods and services
from the United States.
<http://www.census.gov/foreign-trade/Press Release/current_press_release/ft9
00.pdf>
 
According to the New York Times, a Jeep Grand
Cherokee that costs $27,490 in the United States costs about $85,000
in China thanks to all the tariffs.
<http://www.nytimes.com/2011/12/15/business/global/china-imposes-new-tariffs-on-
some-vehicles-from-the-us.html?_r=1>
 
The Chinese economy has grown 7 times faster than the U.S. economy
has over the past decade.
<http://www.businessinsider.com/facts-about-china-blow-your-mind-2011-5#chinas-
economy-grew-7-times-as-fast-as-americas-over-the-past-decade-316-growth-vs-43-2>
 
The United States has lost a staggering 32 percent of its manufacturing
 jobs since the year 2000.
<http://www.prospect.org/cs/articles?article=the_plight_of_american_manufacturing>
 
The United States has lost an average of 50,000 manufacturing jobs per
month since China joined the World Trade Organization in 2001.
<http://theeconomiccollapseblog.com/archives/how-can-america-create-wealth-if-our-
industrial-base-is-destroyed-50000-manufacturing-jobs-have-been-lost-every-month-
since-2001>
 
Overall, the United States has lost a total of more than 56,000
manufacturing facilities since 2001.
<http://www.politifact.com/ohio/statements/2011/nov/07/betty-sutton/betty-sutton-
says-average-15-us-factories-close-ea/>
 
According to the Economic Policy Institute, America is losing half a
million jobs to China every single year.
<http://economyincrisis.org/content/trade-deficit-china-could-cost-half-million-jobs>
 <http://www.wnd.com/index.php?fa=PAGE.view&pageId=267889>
 
Between December 2000 and December 2010, 38 percent of the
manufacturing jobs in Ohio were lost, 42 percent of the manufacturing
jobs in North Carolina were lost and 48 percent of the manufacturing
jobs in Michigan were lost.
 
In 2010, China produced more than twice as many automobiles as the
United States did.
<http://247wallst.com/2012/01/24/eight-industries-the-u-s-has-lost-to-china/3/>
 
Since the auto industry bailout, approximately 70 percent of all GM
vehicles have been built outside the United States.
<http://theeconomiccollapseblog.com/archives/you-will-not-believe-what-some-
people-are-willing-to-do-for-a-paycheck-these-days>
 
After being bailed out by U.S. taxpayers, General Motors is currently
involved in 11 joint ventures with companies owned by the Chinese
government. <http://www.youtube.com/watch?v=Lvl5Gan69Wo&feature=youtu.be>
 
The price for entering into many of these "joint ventures" was a transfer
of " state of the art technology" from General Motors to the communist
Chinese.
<http://www.youtube.com/watch?v=Lvl5Gan69Wo&feature=youtu.be>
 
24. Back in 1998, the United States had 25 percent of the world's
high-tech export market and China had just 10 percent. Ten years
later, the United States had less than 15 percent and China's share
had soared to 20 percent.
<http://www.economyincrisis.org/content/us-falling-behind-china-high-tech-manufacturing>
 
The United States has lost more than a quarter of all of its high-tech
manufacturing jobs over the past ten years.
<http://www.washingtonpost.com/business/economy/us-losing-high-tech-manufacturing-
jobs-to asia/2012/01/17/gIQA9P1S6P_story.html>
 
China's number one export to the U.S.is computer equipment.
<http://www.huffingtonpost.com/clyde-prestowitz/america-needs-a-new-globa_b_
557131.html>
 
The number one U.S. export to China is "scrap and trash".
<http://politics.usnews.com/opinion/blogs/jodieallen/2010/3/3/americas-biggest-
trade-export-to-china-trash.html>
 
The U.S. trade deficit with China is now more than 28 times larger
than it was back in 1990.
<http://www.census.gov/foreign-trade/balance/c5700.html>
Back in 1985, the U.S. trade deficit with China was just 6 million
dollars for the entire year. 
<http://www.census.gov/foreign-trade/balance/c5700.html>
 
For the month of November 2012 alone, the U.S. trade deficit
with China was 28.9 billion dollars.
<http://www.census.gov/foreign-trade/balance/c5700.html>
 
China now consumes more energy than the United States does.
<http://www.atimes.com/atimes/Middle_East/LL07Ak01.html>
 
China is now the leading manufacturer of goods in the entire world.
<http://economyincrisis.org/content/china-takes-crown>
 
China uses more cement than the rest of the world combined.
<http://www.businessinsider.com/facts-chinese-consumption-2011-5>
 
China is now the number one producer of wind and solar power on
the entire globe.
<http://www.economyincrisis.org/content/us-falling-behind-china-high-tech-
manufacturing>
 
Today, China produces nearly twice as much beer as the United
States does.
<http://247wallst.com/2012/01/24/eight-industries-the-u-s-has-lost-to-china/3/>
 
Right now, China is producing more than three times as much coal
as the United States does.
<http://247wallst.com/2012/01/24/eight-industries-the-u-s-has-lost-to-china/3/>
 
China now produces11 times as much steel as the United States does.
<http://blogs.forbes.com/beltway/2011/02/14/intelligence-community-fears-u-s-
manufacturing-decline/>
 
China produces more than 90 percent of the global supply of rare
earth elements.
<http://phys.org/news/2012-07-china-stockpiling-rare-earths.html>
 
China is now the number one supplier of components that are critical
to the operation of U.S. defense systems.
<http://www.bloomberg.com/news/2010-09-29/pentagon-losing-control-of-
afghanistan-bombs-to-china-s-neodymium-monopoly.html>
 
A recent investigation by the U.S. Senate Committee on Armed
Services found more than one million counterfeit Chinese parts
in the Department of Defense supply chain.
<http://www.shtfplan.com/headline-news/national-security-threat-over-1-milli
on-counterfeit-chinese-parts-discovered-in-defense-department-supply-chain_0
5222012>
 
15 years ago, China was 14th in the world in published scientific
research articles.  But now, China is expected to pass the United
States and become number one very shortly.
<http://www.guardian.co.uk/science/2011/mar/28/china-us-publisher-scientific
-papers>
 
China now awards more doctoral degrees in engineering each
year than the United States does.
<http://www.washingtonpost.com/business/economy/us-losing-high-tech-
manufacturing-jobs-to-asia/2012/01/17/gIQA9P1S6P_story.html>
 
According to one study, the Chinese economy already has roughly
the same amount of purchasing power as the U.S. economy does.
<http://www.iie.com/realtime/?p=1935>
 
43. According to the IMF, China will pass the United States and
will become the largest economy in the world in 2016.
<http://www.marketwatch.com/story/imf-bombshell-age-of-america-about-to-
end-2011-04-25?link=MW_home_latest_news>
 
44. Nobel economist Robert W. Fogel of the University of Chicago
is projecting that the Chinese economy will be three times larger
than the U.S. economy by the year 2040 if current trends continue.
<http://www.marketwatch.com/story/goldman-conspiracy-helps-china-beat-us-
2010-09-14?reflink=MW_news_stmp>
 
Without the "globalization" of the world economy, none of this
would have ever happened.  But instead of admitting our mistakes
and fixing them, our politicians continue to press for even more  
"free trade" and even more integration with communist nations
such as China.
 
In fact,  according to Dr. Jerome Corsi, the U.S. government has
already set up 257 "foreign trade zones" all over America.  These
"foreign trade   zones" are apparently given "special U.S. customs
treatment" and are used to promote "free trade".
<http://www.wnd.com/index.php?fa=PAGE.printable&pageId=257721>
 
Corsi noted that the U.S. government has created 257 foreign trade
zones, or FTZs, throughout the United States, designed to extend
special U.S. customs treatment to U.S. plants engaged in
international-trade-related activities.
 
The FTZs tend to be located near airports, with easy access into the
continental NAFTA and WTO multi-modal transportation systems
being created to move free-trade goods cheaply, quickly and efficiently
throughout the continent of North America.
 
"There is nothing in the U.S. government's description of FTZs that
would prevent a foreign government, like China, from operating a shell
U.S. company that is in reality owned and financed by the Chinese
government and operated through a Chinese government-owned
corporation," Corsi wrote.Sadly, we are probably going to see a whole
lot more of this in the years ahead.
 
According to Corsi, a professor of economics at Tsighua University
in Beijing named Yu Qiao has suggested the following plan as a way
to transform the debt that the United States owes China into something
more "tangible".
<http://www.wnd.com/2013/01/china-poised-to-play-debt-card-for-u-s-land/>
 
1.China would negotiate with the U.S. government to create a "crisis
relief facility," or CRF. The CRF "would be used alongside U.S. federal
efforts to stabilize the banking system and to invest in capital-intensive
infrastructure projects such as high-speed railroad from Boston to
Washington, D.C.
 
2.China would pool a portion of its holdings of Treasury bonds under
the CFR umbrella to convert sovereign debt into equity. Any CFR funds
that were designated for investment in U.S. corporations would still be
owned and managed by U.S. equity holders, with the Asians holding
minority equity shares "that would, like preferred stock, be convertible."
 
3.The U.S. government would act as a guarantor, "providing a sovereign
guarantee scheme to assure the investment principal of the CRF against
possible default of targeted companies or projects".
 
4.The Federal Reserve would set up a special account to supply the
liquidity the CRF would require to swap sovereign debt into industrial
investment in the United States.
 
Apparently the Bank of China really likes this plan and would like to see
something like this implemented.
 
In the years ahead, perhaps many of you will end up working in a
"special economic zone" for a Chinese company on a project that is
being financially guaranteed by the U.S. government.
 
If that sounds like a form of slavery to you, the truth is that you are
probably not too far off the mark.
 
The borrower is the servant of the lender, and we should have never
allowed ourselves to get into so much debt.
 
<http://theeconomiccollapseblog.com/archives/category/u-s-government-debt>
 
Now we will pay the price.
 
To get an idea of how much the world has changed in recent years,
just check out this incredible photo which contrasts the decline of
Detroit over the years with the amazing rise of Shanghai, China.
<http://www.thedeathofamerica.org/images/shanghai-detroit.jpg>
 
Things did not have to turn out this way.  Unfortunately, we made  
decades of incredibly foolish decisions and we wrecked the greatest
economic   machine that the world has ever seen.
 
Now the future for America looks really bleak. Or could it be that I am
being too pessimistic? 

Source: Dr. Corsi, January 23, 2013 9:40 am

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Comments:
Remember the NAFTA debate, Ross Perot’s “great sucking sound”
of jobs leaving the U.S. and being told that NOW we were entering
the “Information Age” ?  As we suspected, the information wasn’t good. 
We were about to lose our economic base…and now it’s gone and we’re
living on our credit card.  The next step is “Mom’s basement”.  Whoever
took over after Reagan sure screwed it up.  We need to remember this
one if we ever get our government back.
A good rule of thumb for electing new representatives would be: No Ivy
leaguers and nobody who spent any time in government from 1990 to
present.  We’ve been sold ‘down the river’ and we’re almost at the falls.
Norb Leahy, Dunwoody GA Tea Party Leader