Home
>
Political
>
Trade Wars, China and Over Regulation At Home

Trade Wars, China and Over Regulation At Home

We are seeing some trade wars brewing as American trade deficits mount and the money flows moving to China. We see OPEC manipulating our supply a tad and China's thirst for oil increasing, thus furthering the supply issues. We must keep our trading partners and play on a balanced field to keep peace in the world. When playing fields are tiled feathers get ruffled and history shows the unfortunate possibilities that can ensue.

The Germans before WWII used the trade payments as a tool and established a bureaucracy to slow out flow, while collecting the inflow of goods, thus insuring it owed money and therefore existing trading partners would not want to go against them for fear they might not be paid. Literally becoming a cancer or parasite on the out flow of money or on the flow the float. Often still countries attempt to manipulate flow. Trade organizations are set up to keep flows fair and products and goods flowing so no one trading partner can hurt another. When the parasites of flow attack and manipulate the flow of trade whether in or out they do so at the expense of the people and business, jobs and families of their trading partners. This is why in WWII, the Japanese literally felt as if the act of war was the US, not their attack on us at Pearl Harbor. The world is still not perfect. Today we find China manipulating currency to get an edge. Tying their currency to the dollar, even though their growth is 8% higher and has been and probably will be for some time. Meanwhile China is stealing technology or we are secretly giving it. For instance their satellite programs and recent man in space, all US technology. Stealing of the P-3 and the problems at Los Alamos where secret scientific research was collected and then the spy for sex FBI scandal. The FBI knows of many spy groups in Silicon Valley collecting information as fast as it comes out. Our trade deficit with China today is a hundred Billion annually. And we figure 2.7 million jobs have ended up there. China also owed in 2002 88 Billion in US Treasury notes to hedge against their undervalued and manipulated currency, all this very interesting. The Japanese come to America with trade delegations and take pictures of every thing we make. Stealing technology and taking information from niche manufacturers of components, then copy the stuff and manufacturer it there. Problems of piracy are on a grand scale, but the PTO in the US favors the foreign competitors who scan thousands of inventions per day and take and make the stuff there in other countries; all US based technology.

There is so much disclosure in America forced onto American public and even private companies that a corporate intelligence gatherer has little trouble in finding anything they might want. For every dollar of products we sell in China, they sell six dollars here. Industries like plastics, toys, electronics, heavy equipment parts, shoes, junky trinkets, aerospace parts, semi-conductor components for computers. It is a huge issue. And with 3.5 billion people to employ, before that thirst is satisfied there is no end in sight or possibility of their labor source balancing out with unions or supply and demand issues to drive the labor costs up anywhere near that of the US. The average worker there could cost as much as $1200.00 per year there, here try above $24,000.00 . Shipping the products half way around the world also irrelevant considering the low labor costs. To compete our companies are hiring them to make the stuff there, costing jobs here, but in the end staying in business. Why are companies here doing this? Well unions, lawyers, regulations all drive up costs of production and make efficiency rather irrelevant.

Some condemn China for working in their own best interests, yet we really cannot fault them for that. We would do the same thing, to protect our best interests. Any nation would. The real problem is that we are attacking our capitalists, entrepreneurs and corporations with burdensome regulations and we keep piling them on day after day, week after week, year after year. OSHA rules are 57 stories high if you stack the pages on top of each other. You can buy a copy, it comes of FIVE CD ROMS? What about Elliot Spitzer in his rule interpretation of the day or his market sector attack of the week? The SEC admits it made a new regulation every 6.7 days in all of 2004. Let's talk about Sarbaines Oxley? SOX they call it. Industry has called for government to follow SOX and the OMB and GAO originally agreed and then reconsidered; "If the government follows the Sarbaines Oxley Standards it would be shut down." Really? Interesting isn't it?

The fact is that the United States is it's own worst enemy to our own future and competitive position in the world. It is true that China should stop infringing on our patents and trademarks and do it's own homework, but more so the real issue is the fact that we expect our entrepreneurs and corporations to compete with our hands tied behind our back. Think about it.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs

custom home cleaning Lincolnshire ..

In The News:

Reclaim your time from big tech with effective screen time reduction strategies for iPhone and Android, featuring steps to limit app usage and create phone-free zones.

Amazon Prime Day shoppers face threats from 120,000-plus scam websites as cybercriminals prepare phishing traps and malware ahead of the July sales event.

Fox News' AI Newsletter brings you the latest on this rapidly evolving technology.

The AEON humanoid robot tackles labor challenges with Nvidia AI, Microsoft Azure cloud and advanced spatial awareness, working alongside industry leaders Schaeffler and Pilatus.

Google's Ask Photos feature brings AI-powered searches to your photo library, letting you find memories with natural language queries while maintaining privacy controls.

The return of blue book exams emerges as universities fight widespread AI academic dishonesty and educators debate whether to ban AI tools or teach responsible usage.

Signs your phone might be hacked include strange behavior, unauthorized texts, battery drain and pop-ups, while protection involves updating software and avoiding public Wi-Fi.

Tokyo startup H2L has launched Capsule Interface technology enabling full-body robot control with muscle sensors, offering immersive remote operation.

The A.I. industry seems set for growing pains as Big Tech companies scramble for solutions to the medium's unprecedented strain on the power grid.

Fourth of July fireworks cause a 60% spike in lost pets, but GPS trackers and AI photo-matching services like Love Lost can help reunite missing dogs with their families.

Protect yourself from jugging, the rising crime by which thieves monitor ATM users and follow them to steal cash, with six practical safety tips to stay alert and secure.

U.S. airlines like Delta, American and United are selling your domestic flight records to government agencies through the little-known Travel Intelligence Program.

Autonomous robots from Uber Eats are rolling out across U.S. cities, featuring LIDAR sensors, secure compartments and all-weather operation for food and grocery delivery.

Costco has expanded into EV infrastructure with new ultra-fast charging stations that can charge most electric vehicles to 80% in 20-60 minutes while shoppers browse the warehouse.

The new Gemini Robotics On-Device AI allows robots to perform complex tasks without internet, offering enhanced privacy, reliability and adaptability for real-world use.

Protect yourself from Amazon phishing scams by spotting red flags like suspicious sender addresses and spelling errors while using Amazon's Message Center to verify communications.

GAC Group's new Govy AirCab flying car combines lightweight design with advanced safety systems and smart cabin technology to revolutionize city travel with an 18.6-mile range.

The Berkeley Humanoid Light (BHL) is a lightweight, open source humanoid robot that anyone can build using 3D-printed parts and off-the-shelf components.

Meta’s new AI chatbot is getting personal, and it might be sharing more than you realize.

A new threat targets both Android and iPhone users: SparkKitty, a powerful mobile malware strain that scans private photos to steal cryptocurrency recovery phrases and other sensitive data.

Thanks to a team at the University of California, Davis, there's a new brain-computer interface (BCI) system that's opening up real-time, natural conversation for people who can't speak.

Privacy risks are hiding in plain sight, as your personal data is likely being collected, tracked, and sold without your knowledge.

VenHub, a fully autonomous, AI-powered smart store just opened at the LAX/Metro Transit Center in Los Angeles.

A woman's Facebook account takeover reveals dangerous social engineering tactics and provides lessons on recovery, avoiding scams and enacting stronger security measures.

Shanghai engineers are using 432 walking robots to relocate a complex, preserving Shikumen architecture while creating space for a modern underground hub and cultural center.

Trade Wars, China and Over Regulation At Home

Political