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KansasVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 11:24 AM
Original message
How can we continue to let China, treat their people like shit and pollute....
the water and air and land in that country and still have fully open trade with them?

How can we justify lower cost for products and let them get away with the crap they get away with?

And how many tainted products do we allow here until we say No More???

I do not get the China thing.

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Indydem Donating Member (866 posts) Send PM | Profile | Ignore Fri Aug-06-10 11:31 AM
Response to Original message
1. It is not complicated at all.
Leading Foreign owners of US Treasury Securities (May 2010)
Nation/Territory billions of dollars percentage
People's Republic of China (mainland) 867.7 21.9
Japan 786.7 19.8
United Kingdom 350.0 8.8
Brazil 161.4 4.1
Hong Kong (Special Administrative Region145.7 3.7
Russia 126.8 3.2
Republic of China (Taiwan) 126.2 3.2
Grand Total 3963.6 100
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Fri Aug-06-10 11:32 AM
Response to Original message
2. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
SoCalNative Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 11:40 AM
Response to Original message
3. Because they own us
eom
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 11:40 AM
Response to Original message
4. How long can China continue to let the U.S. pollute and treat many of its people like shit?
And how long can China justify supporting U.S. debt to buy so much more than the U.S. produces?

How long can Pakistan allow India to pollute and treat many of its people like shit?

How long can India allow Pakistan to pollute and treat many of its people like shit?

How long can ...

Start to get the picture?
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Booster Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 11:40 AM
Response to Original message
5. You could exchange the word "China" for "the U.S.", except for
the tainted products, since we don't make anything anymore.
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T Wolf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 11:46 AM
Response to Original message
6. Very simple - policy is not set by "we the people" but by the corporations that own the government.
If it increases their profits, it is "good" policy.

If not, then those other pesky issues like human rights, environmental protection, and justice can play minor roles.
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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 11:47 AM
Response to Original message
7. Start making your own stuff so you don't have to
Edited on Fri Aug-06-10 11:48 AM by Cleita
shop at Wal-Mart. It's not easy. Right now I'm knitting dish cloths from left over yarn. I could buy those dish cloths at Wal-Mart for 99 cents that are made in China but all revolutions start with invisible baby steps. Our government is doing nothing but borrowing more money from them to conduct our wars. It's up to us to break the back of the beast. Also, I'm not buying the iPad I promised myself because they are being manufactured in Asia and I believe in China. I hope some techies set up a small factory in their garage and build computers, cell phones and other items from recycled parts that they sell at swap meets or over the internet.
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 12:55 PM
Response to Reply #7
14. You'll be prepared when
China decides to embargo the U.S. I don't buy crap Made in China unless I absolutely have to....fans, for example.

You can always buy a used iPad at some point. At least the $$$ isn't going to China...actually it's a Taiwanese man who runs the company in China. More fucking capitalists pretending to be 'communists.' I guess you'd call China a Totalitarian Capitalist nation.
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Donald Ian Rankin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 11:48 AM
Response to Original message
8. Let? Who do you think is going to stop them?
China has a billion people, nukes, and a mountain of debt owed to it by the USA.
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Brickbat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 11:48 AM
Response to Original message
9. Money.
That's all.
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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 11:50 AM
Response to Original message
10. Ask Clinton, he's the one who originally gave them Most Favored Nation trading status
The answer, I suspect, has everything to do with the few getting very wealthy, while the rest of us, both here and there, suffer.
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exboyfil Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 11:51 AM
Response to Original message
11. I can give you a few reasons
1. They have $900B of our public debt and continue to be a borrower
2. Productivity enhancements (read cheap labor) has kept our inflation rate under control
3. The companies that benefit from the cheap labor own our politicians
4. We have been sold a bill of goods stating that "free trade" is better
5. Globalization and technology advances have reduced barriers to entry for service competition
6. They have probably the second most powerful military in the world
7. They link their currency to our currency

I personally think we should scrap our current trade policies in favor of more fair trade with them, but we need to get our fiscal house in order to proceed. We also need to have some planning as we proceed (contingencies for the trade war). We get alot of critical components from China now, and a trade war with embargo could cripple many of our manufacturing plants not to mention access to some critical raw materials. We also export a lot to them ($70B)that would be jeopardized by a trade war. Finally China would step up the pressure on Taiwan as part of applying pressure. They obviously will not keep coming to the Treasury window to buy more debt. I think slow gradualism would be the best option, but I am afraid no one in power is even thinking about this.
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Ozymanithrax Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 12:18 PM
Response to Original message
12. Because we like buying cheap stuff at Target, Wallmart, K-Mart, Toys-R-Us etc. etc. etc.
Edited on Fri Aug-06-10 12:19 PM by Ozymanithrax
Go to any store and buy only stuff not made in China. Americans are addicted to their cheap goods.

Until Americans realize that paying double what we expect is good, it won't happen.
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-06-10 12:38 PM
Response to Original message
13. China was determined to be vital to the exodus.
A 'market' with a billion potential consumers, no rights, no laws, and an militaristic/authoritarian regime that can be bought very cheaply. What's not to love?


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