Episode 43. March 27, 2020

CLP Topic Category: Vichy Republican Collaborators

Who Is It In America That Is Responsible For Implementing the Trade Agreements With China?

Note to visitors: Our podcast today is the Introduction to a much longer document that explains who it is in America that was responsible for implementing the trade deals with China.

The other sections of the longer podcast are:

The American Roots of Globalism

The Link Between Globalism and American Crony Capitalism

Civil Dissolution or Civil War?

Irreconcilable Differences

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Introduction:

Our podcast today examines the argument made by Mike Slater, on the tv program, The First, that China is an enemy of the United States.

Slater explains that the most recent Wu Virus is only the latest of three epidemics, in 20 years, unleashed on the world by the militaristic, repressive Communist regime in Beijing.

The most charitable interpretation of this behavior by the Communists is that they are wildly incompetent to control the outbreaks of deadly diseases.

The more accurate interpretation of the behavior, explained by Slater, is that they are an enemy of the U. S., intent on destroying the fabric of American society.

Our podcast today adopts the second interpretation in order to examine what political and financial forces in America were responsible for forming the close ties between the two countries.

We agree with the analysis of Curtis Ellis, in his article, China’s Post-Virus Plan to Destroy America’s Economy, where he states that,

“The “respected voices” calling for America to lift the tariffs on China are simply swallowing Beijing’s sophisticated propaganda. China means to use this crisis to destroy us…Moreover, Beijing sees an opportunity in the pandemic to reverse President Trump’s call to move manufacturing out of China. China’s State Administration of Science, Technology, and Industry for National Defense (SASTIND), stated: “China will get more opportunities, including in the reduction of pressure for the international industrial chain to transfer away from China . . . The global epidemic has provided opportunities for improving China’s international position and countering anti-globalization.”

We argue that, in the late 1980s, the 1500 member companies of the Business Roundtable were effective in perpetrating a fraud that China was just like any other country in terms of global trade.

We argue that those same corporate actors continue, today, to coordinate their political strategy with special interest lobbying groups and crony capitalist elected representatives, who obtain personal financial benefits from passing legislation that have continued the re-authorization of the deals with China.

The lobbyists for the Business Roundtable and U.S. Chamber of Commerce, wrote the draft legislation, in 1999, in order for the corporations to obtain huge profits from moving production to China, and then selling those cheap goods back to the American market.

The main political representatives who voted initially to implement the deals, and then voted to re-authorize the deals, are a coalition of Democrats and Republicans, who obtained vast financial benefits from “tribute” paid by the corporations.

The large corporations obtained an 80% cost saving in production of goods in China, and while a small portion of the savings showed up in cheaper goods, the vast majority went to the bottom line profits of the large corporations.

Most of the profits earned from overseas production were never taxed in the U. S., and were never repatriated, in the form of capital investments, back into the U. S. domestic economy

The U. S. corporate profits were reinvested in China, which empowered the successful Chinese economy, and allowed their national champion industries to become wildly profitable.

Elected representat