Cheating China

PRESIDENT OBAMA is back in ohio, again, for what seems like the one millionth time in the past few weeks, because ohio might vote for romney, might vote for obama, its close. If your state isn't close in the romney - obama polls, you will not see the president.

While in ohio, obama plans to announce that he is filing international charges against the great nation of china, for unfair trade practices, particularly in the automoblie industry. The fact that china engages in "unfair" trade practices in every other industry notwithstanding, obama will focus on the automotive industry, especially since he happens to be in ohio, right down the road from michigan.

The only thing that the World Trade Organization can do to china is chastise them verbally, but who knows, a good old fashioned tongue lashing might just chasten the chinese. About twenty years ago china decided that, yes, indeed, it wanted to be rich and powerful like america, europe, japan, and russia, and would do so by turning to capitalism, manufacturing, and foreign trade.

In american we associate free enterprise with freedom. Not so in china. Business and industry are free to flourish, but only under the intense scrutiny of the central government, which oversees the economy as a national passion to succeed. Hence, the chinese government is fond of financially propping up, or subsidizing, their own industries, which we do in the united states as well, albeit to a far lesser extent.

If the world, including the united states, suddenly quit trading with china in protest of its economic practices, the damage done would affect americans as much as chinese. Another choice would be to abolish all international trade rules, and let the fur fly; regulation only encourages cheating.

The problem is, that would probably start wars. But, hell, is there any form of human economic activity whcih does NOT start wars?

The chinese are still rather new at big time international economics, too accustomed to communism, and lack experience. As soon as they figure out that workers are to be exploited, and corporate ownership is always first and foremost, they'll start getting it right, and become a good economic partner for the american corporate empire.

Bb

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