The Liberal Patriot

 

Who Really Supports Communists?

 

J.G. Schwam - March 29, 2005

 

 

The favorite epithet of hard line Bush supporters for those that publicly oppose Bush’s policies is “communist” or Marxist.  The fact is that we are deep into bed with the largest communist power on earth, China.  How is it that that those that fear and loathe communism with venom support a president that has made a crusade of facilitating the export of millions of American jobs to a communist nation? How can Republican voters support Republican legislators that support a policy disenfranchises small business across the nation form the ability to operate in a fair trade environment in their own country.  It is absurd to assert that a communist nation that has state maintains price controls on and subsidizes commodities prices across the board is competing fairly.  In communist China heavily subsidized state owned companies supply food, gasoline, coal, steel, petrochemicals, fertilizer, electricity, minerals and virtually ever raw industrial material.  How can republicans reconcile a trade policy that expects US workers and industry to compete with a communist government that sells electricity to its industry at pennies on the dollar of what it costs in the United States?  Yet the people these voters blindly support a party that promotes a tax policy that rewards companies that export jobs to nation has an artificially controlled cost of living that is nearly one one hundredth of our own?

 

Who is it that supports communists, those that support Republican trade policies or those that oppose them?

 

Ten years of Republican trade policies have placed us in economic jeopardy at the hands of communists.  US Comptroller General David Walker has stated repeatedly that the gigantic amount US debt foreign held largely by China places our nations economic future on a knife edge of economic suicide.  China's and Japan's, central banks now hold close to $1 trillion of Treasury bonds and bills.  One nation, a communist nation holds almost a quarter of all publicly held U.S. debt.  US dependence on foreign debt to support its own increased almost 20% in the single fiscal year 2002 to 2003.  This alone is a shocking indictment of the escalating, reckless and irresponsible deficit spending of a Republican dominated US government.

 

 

As China ramps up and modernizes it’s military with the hundreds of billions of dollars that it gleans from their economic alliances with Wal-Mart and virtually every other formerly American manufacturer, Condlezza Rice rattles her paper saber in defense of Taiwan’s independence.  The USA always has and should absolutely support Taiwan. However, the profit structure of too many US companies is too dependent on the china price.  Subsequently The USA is no longer in any position to threaten China.  It is likely that Europe will begin taking advantage of the billions China is putting in play on the world arms trade.  They have nothing to fear from China. They don’t rattle sabers.

 

The high earnings and growth of retail giants like JC Penny, Wal-Mart, Best Buy and Target that in part drive Wall Street growth cannot be maintained without Chinese workers paid cents on the dollar.  Sales of US made products in China can be measured in hundredths of a percent of sales of in products made in China in the US.

 

China can now threaten us with more than bombs.  They can threaten our national livelihood. They have and do daily threaten more and more of our jobs. It’s about time rabid right wing radicals that shout commie lover and Marxist at those that protest against Bush acknowledge the facts.  The chart above is black and white.  This one sided trade alliance with China has nearly quadrupled since Bush and his cronies have ruled without opposition.  So tell me again who supports Communist’s?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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All Rights Reserved, J.G. Schwam and Liberal Patriot Operating Company, 2005