The U.S. vs China

How can China hurt us?  Let us count the ways:

First and foremost, they hold most of our foreign debt, 19 percent or $1.17 trillion.  By buying U.S. treasuries, China keeps our interest rates low but it also gives China leverage over U.S. fiscal policy.

What would happen if China stopped buying U.S. treasures or, worst still, called the loans?

China also controls the supply of the world’s rare earth metals that are used in most of the high-tech products we take for granted like smart phones and hard drives.  More importantly, these materials are necessary components for building smart bombs and military radar.  It’s not that we don’t have any of these minerals.  It’s just that our government shut down our only rare earth mine and allowed the Chinese to buy the company that supplied them.

Lastly, China now has access to our most sensitive military technology.  That which wasn’t stolen was transferred overtly by previous administrations.   Continue reading “The U.S. vs China”

Please Spy on Me

As a U. S. citizen, I hope my government is spying on me if . . .

  • I am phoned by known or suspected terrorists.
  • I visit bomb making sites on the internet.
  • I make contact with members of al Qaeda 
  • I attend a radical mosque.
  • I order the makings for a suicide vest.
  • I have large amounts of unexplained cash funneled into my bank account.
  • I frequent jihadist websites.
  • all my emails end with “death to America.”  Continue reading “Please Spy on Me”

The Marriage of China and the U.S. (Till Debt do us Part)

It’s like a bad marriage.  The U.S. and China are tied to each other in more than a trillion ways.  For the time being, both endure this partnership for the sake of their dependents and their own well-being.

The two countries will make nice today at the World Economic Summit in London.  They will smile at each other through clenched teeth, but the dislike and distrust between the two are painfully obvious.   They fool no one. Continue reading “The Marriage of China and the U.S. (Till Debt do us Part)”