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The Republican’s 3 Big Chinese Lies: “No, Really, the Chinese Are Just Like You and Me.”
Episode 33. October 26, 2019
CLP Topic Category. Economic Policy
Title. The Republican’s 3 Big Chinese Lies: “No, Really, the Chinese Are Just Like You and Me.”
Our podcast today uses China’s two most recent reneges on trade agreements as a way of exploring the Republican’s responsibility for promoting trade with China, in 1999, and explaining that they were responsible for ameliorating the labor market and financial effects on displaced American workers.
The two reneges by China, in 2019, are placed into the historical context of the main Republican lie that “the Chinese are just like you and me.”
Just beneath the public lies of the elected Republicans, in 1999, the Business Roundtable and U. S. Chamber of Commerce provided the financial support to the Republicans to change the American economic structure from an industrial production nation to a rentier, financial services, managed global corporate nation.
Because of the way that insider corruption works in Washington, the Roundtable members wrote the law, and rigged the terms of trade to benefit their members.
Our podcast argues that when the Chinese ships come to the U.S. full of cheap goods, those ships leave with U. S. debt securities, that pay for the trade deficit.
Beginning in 2003, but especially after 2008, the payments for the huge trade deficit fundamentally changed the structure of the U. S. economy into a managed global financial services economy that benefitted 5 big New York banks.
The income and employment multiplier effects of the banking rentier economy are concentrated in the elite social classes, making income inequality much greater than under the industrial production economy, which existed prior to 1999.
Our podcast concludes that the ideology of globalism explains the entire Trump impeachment effort by Democrat global socialists and the global crony capitalist Republicans.
The lynchpin of the Republican lie, to paraphrase Trump, is the globalist ideology that financial elites and political elites make better decisions about society than consumers in a free competitive markets.
Codevilla states this issue of global class elitism this way,
“No prominent Republican challenged the ruling class’s continued claim of superior insight, nor its denigration of the American people as irritable children who must learn their place. The Republican Party did not disparage the ruling class, because most of its officials are, or would like to be part of it.”
The threat to American liberty, and sovereignty, is globalism, and the Chinese communists are the lead propagators of both globalism and brutal repression of any political opposition to their global vision of world domination.
The Chinese are aided and abetted by the globalist socialist Democrats and crony capitalist Republicans, who have combined forces to remove Trump because he is a nationalist, not a globalist.
I am Laurie Thomas Vass, and this is the copyrighted Citizen Liberty Party News Network podcast for October 26, 2019.
Our podcast today is under the CLP topic category Economic Policy, and is titled, The Republican’s 3 Big Chinese Lies: “No, Really, the Chinese Are Just Like You and Me.”
The most recent podcast of the CLP News Network is available for free. The entire text and audio archive of our podcasts are available for subscription of $30 per year, at the CLP News Network.com.
View all episodes
By CLP News Network with Laurie Thomas VassEpisode 33. October 26, 2019
CLP Topic Category. Economic Policy
Title. The Republican’s 3 Big Chinese Lies: “No, Really, the Chinese Are Just Like You and Me.”
Our podcast today uses China’s two most recent reneges on trade agreements as a way of exploring the Republican’s responsibility for promoting trade with China, in 1999, and explaining that they were responsible for ameliorating the labor market and financial effects on displaced American workers.
The two reneges by China, in 2019, are placed into the historical context of the main Republican lie that “the Chinese are just like you and me.”
Just beneath the public lies of the elected Republicans, in 1999, the Business Roundtable and U. S. Chamber of Commerce provided the financial support to the Republicans to change the American economic structure from an industrial production nation to a rentier, financial services, managed global corporate nation.
Because of the way that insider corruption works in Washington, the Roundtable members wrote the law, and rigged the terms of trade to benefit their members.
Our podcast argues that when the Chinese ships come to the U.S. full of cheap goods, those ships leave with U. S. debt securities, that pay for the trade deficit.
Beginning in 2003, but especially after 2008, the payments for the huge trade deficit fundamentally changed the structure of the U. S. economy into a managed global financial services economy that benefitted 5 big New York banks.
The income and employment multiplier effects of the banking rentier economy are concentrated in the elite social classes, making income inequality much greater than under the industrial production economy, which existed prior to 1999.
Our podcast concludes that the ideology of globalism explains the entire Trump impeachment effort by Democrat global socialists and the global crony capitalist Republicans.
The lynchpin of the Republican lie, to paraphrase Trump, is the globalist ideology that financial elites and political elites make better decisions about society than consumers in a free competitive markets.
Codevilla states this issue of global class elitism this way,
“No prominent Republican challenged the ruling class’s continued claim of superior insight, nor its denigration of the American people as irritable children who must learn their place. The Republican Party did not disparage the ruling class, because most of its officials are, or would like to be part of it.”
The threat to American liberty, and sovereignty, is globalism, and the Chinese communists are the lead propagators of both globalism and brutal repression of any political opposition to their global vision of world domination.
The Chinese are aided and abetted by the globalist socialist Democrats and crony capitalist Republicans, who have combined forces to remove Trump because he is a nationalist, not a globalist.
I am Laurie Thomas Vass, and this is the copyrighted Citizen Liberty Party News Network podcast for October 26, 2019.
Our podcast today is under the CLP topic category Economic Policy, and is titled, The Republican’s 3 Big Chinese Lies: “No, Really, the Chinese Are Just Like You and Me.”
The most recent podcast of the CLP News Network is available for free. The entire text and audio archive of our podcasts are available for subscription of $30 per year, at the CLP News Network.com.