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wsuwrhr
06-13-2007, 06:05 PM
Why do I just have a gut feeling that the US allows our trade deficit to surge so we can effectively "create" another superpower to feud with.
Alot of their wealth has come from US consumers.
If they are percieved as such a threat, why is so much of our money transferring to a COMMUNIST country.
I just don't understand.
Brian
Link to the story (http://news.yahoo.com/s/ap/20070613/ap_on_go_ca_st_pe/us_china)
WASHINGTON - The Pentagon said Wednesday that China is concealing its spending on weapons programs, including technology to disrupt U.S. space efforts. Testifying before a mostly supportive House Armed Services Committee, the deputy undersecretary of defense for Asia said, "What we see is a deliberate effort on the part of China's leaders to mask the nature of Chinese military capabilities."
As a result, Richard P. Lawless said, "the outside world has limited knowledge of the motivations, decision-making and key capabilities of China's military or the direction of its modernization."
Still, Lawless said China's goals are clear.
"We are seeing China emerge as a growing international space power" while rapidly developing its armed forces to compel Taiwan to bend to its demands, he said.
While China's long-range power remains limited, Lawless said China was modernizing its nuclear force to be capable of strategic strikes beyond the Asia-Pacific region.
In addition, Lawless said China was using proceeds from its growing wealth and gains from trade with the United States to develop anti-satellite weapons, ground-based lasers and satellite communication jammers.
China has shown some interest in discussing U.S. concerns, but Chinese leaders have said little about what they plan to do with their emerging military capabilities," said Lawless, who worked for the CIA for 15 years before taking his Pentagon post five years ago.
"We believe these questions are reasonable and answering them in a transparent and forthright manner can only help to better understand each other," he said.
Committee members generally shared the Pentagon's concerns.
The chairman, Rep. Ike Skelton (news, bio, voting record), D-Mo., supported the Pentagon's contention that China intentionally understates its military spending.
Its official defense budget for this year is about $45 billion, but the "real" budget is between $85 billion and $125 billion, Skelton said.
Lawless said the Pentagon's best estimate was that China could be spending $85 billion to $125 billion this year. In 2003, he said, the most recent year of published spending estimates, China's official budget figure for military spending was $22.4 billion while estimates of actual spending ranged from $30.6 billion to $141 billion.
Skelton was critical of China's anti-satellite missile test in January, saying it will leave dangerous debris in orbit for years. He also said China continues to mass missiles across from Taiwan.
"Its power projection capabilities are steadily increasing," Skelton said, although China "is not necessarily destined to be a threat to the United States."
Rep. Duncan Hunter (news, bio, voting record) of California, the committee's top Republican, said China had at least 10 varieties of ballistic missiles deployed or in development, including about 900 short-range missiles across the 100 mile-wide Taiwan Strait.
The Pentagon said last month in an annual report to Congress that China was modernizing its military in ways that give it options for launching surprise attacks, potentially far from its borders. The report said the Chinese are acquiring better missiles, submarines and aircraft and should more fully explain the purpose of a military buildup that has led some to view China as a threat.

Blown 472
06-13-2007, 06:10 PM
Dont you know they want to crush us?

bigq
06-13-2007, 06:26 PM
Dont you know they want to crush us?
Well on there way, year 2020:jawdrop:

wsuwrhr
06-13-2007, 07:48 PM
Dont you know they want to crush us?
I know well and good for sure. Economically we gave them the keys already.

bigq
06-13-2007, 08:11 PM
I know well and good for sure. Economically we gave them the keys already.
but they are going to need more land someday:confused:

eliminatedsprinter
06-13-2007, 08:40 PM
I worry about what China is doing and will do with their money, esp if it ever becomes a wealthy nation (right now they are still piss poor per capita).
I don't worry about the "trade deficit" "trade surpluses" are something small and or poor nations (per capita) with weak domestic markets generally have. We will go back to having a trade surplus if and when we go back to being a poor (per capita) nation. As long as we are the worlds richest sales market we will have a "trade defict". Because our businesses will not have to rely on the export market to make money and the whole world will keep wanting to sell stuff to us (we are where the money is) :idea:
The whole "trade deficit" worry (in my opinion hoax) reminds me of 16th century "Mercantilist" thinking.

Rexone
06-14-2007, 01:46 AM
Simple answer.
Greed. (try to buy a pair of shoes these days not made in China)
$ is worth more than long term national security or good common sense.
Applies to Mexico also. They're just being allowed to take over in a different manner. Again greed (cheap labor is too sweet a candy for US biz to give up easily to do the right thing for the survival of the nation).
Should we survive the terrorists efforts with our open borders, and somehow stem the flow of illegal immigration from Mexico to stave off that gradual but real takeover, I think rice farming will eventually be a big industry in the US.

centerhill condor
06-14-2007, 03:13 AM
according to the best estimates China has accumulated over $2 trillion dollars US in reserves. They will be able to buy and sell us as they please. Their military buildup is to intimidate not fight. They've learned lessons well over the past 100 years. The only problem is, as usual, they will rot from the inside or have a "real" revolution then the fun will really start!
I buy the NB shoes made in the USA. Do yourselves a favor and look for the label. the job you save will be your own.
CC

eliminatedsprinter
06-14-2007, 09:13 AM
Better have a Snickers Bar. Our GDP is more than five times China's GDP. It will be a little while before they can buy and sell us.:)

Old Texan
06-14-2007, 10:24 AM
Currently the GDP of world leaders is:
US 5% world population 28% of world GDP
European Union 8% world population 31% world GDP
China and India- 40% world population with China 5% GDP and India 2% GDP for a 2orld GDP of 7% combined
I read speculations that India and China combined will surpass the US and European Union combined by 2040 but it would completely blow away historical growth figures.
It's hard to fathom how China could be such a military threat in light of their economic goals. They need the US far more as a consumer of goods to stimulate their growth than as a military enemy.
Also General Motors saw a 35% sales growth in China last year with 650K vehicles sold. US based companies are doing quite well in China. China is Chevrolet's 4th largest global market. GM earned 176 Mil in 4th Qtr '06 while losing 1.6 Bil in NA. GM is looking to sell 225K units in India and pushing for more development in India.
My points are we are expanding into these economies for our own growth and at the same time need to look at why we can make money over there and not back at home. Once again if we allow the politcal machine of Liberal preference to Socialism and restrictions on business through taxes and unnecesary legislation, we will hurt our economic grow the within our borders. Jobs leave not because of actual wages but because of the cost of employing workers with all the additional baggage. Socialized medicine and retirement packages have to be funded somewhere and the general populace isn't looking at how the tax dollars are being collected. Assuming they aren't coming out of a direct paycheck deduction doesn't mean you aren't paying for it in the end. The more labor unions and the federal government get involved in how business is conducted, the more our internal economy will suffer.
Those that want Hillary or Obama in office better wake up to the fact they could be changing the economic future for the worse.

eliminatedsprinter
06-14-2007, 11:42 AM
Currently the GDP of world leaders is:
US 5% world population 28% of world GDP
European Union 8% world population 31% world GDP
China and India- 40% world population with China 5% GDP and India 2% GDP for a 2orld GDP of 7% combined
I read speculations that India and China combined will surpass the US and European Union combined by 2040 but it would completely blow away historical growth figures.
It's hard to fathom how China could be such a military threat in light of their economic goals. They need the US far more as a consumer of goods to stimulate their growth than as a military enemy.
Also General Motors saw a 35% sales growth in China last year with 650K vehicles sold. US based companies are doing quite well in China. China is Chevrolet's 4th largest global market. GM earned 176 Mil in 4th Qtr '06 while losing 1.6 Bil in NA. GM is looking to sell 225K units in India and pushing for more development in India.
My points are we are expanding into these economies for our own growth and at the same time need to look at why we can make money over there and not back at home. Once again if we allow the politcal machine of Liberal preference to Socialism and restrictions on business through taxes and unnecesary legislation, we will hurt our economic grow the within our borders. Jobs leave not because of actual wages but because of the cost of employing workers with all the additional baggage. Socialized medicine and retirement packages have to be funded somewhere and the general populace isn't looking at how the tax dollars are being collected. Assuming they aren't coming out of a direct paycheck deduction doesn't mean you aren't paying for it in the end. The more labor unions and the federal government get involved in how business is conducted, the more our internal economy will suffer.
Those that want Hillary or Obama in office better wake up to the fact they could be changing the economic future for the worse.
Good post.
The bizzare brand of neo corporatism/socialism, that the Dems are currently peddeling, would be playing right into China's hand, if there goal is to someday outperform us economically.

spectras only
06-14-2007, 12:27 PM
Simple answer.
I think rice farming will eventually be a big industry in the US.
You can make alcohol from rice :idea: . Ethanol production from corn ramped up already,
We could be totally independent of foreign oil , Hee Haaw !

centerhill condor
06-15-2007, 04:14 AM
Good post.
The bizzare brand of neo corporatism/socialism, that the Dems are currently peddeling, would be playing right into China's hand, if there goal is to someday outperform us economically.
yea, what he said. We've allowed our gov't to legislate us out of jobs! Can't lose a finger cashing a welfare check! Might get shot for it!
For the record, China and India had world dominating economies prior to the industrial revolution.

R.A.D.man
06-15-2007, 07:40 AM
I recently purchsed something and noticed after I made it home its label was "Hecho in China". I try and look at them now as much as possible. That just pissed me off.:mad:

HOSS
06-15-2007, 07:35 PM
If you can, buy a good used 2 cycle lawn mower. Then at least you will have a shot at income.

centerhill condor
06-16-2007, 02:23 AM
Recent reports are that China is giving weapons and God knows what to the Taliban in Afg!
So long Wal Mart!

bigq
06-16-2007, 07:14 AM
Here is the story about China shipping weapons to Iran. I just shake my head every day at what our fu**tard political retards are doing.
http://www.washingtontimes.com/national/inring.htm