What does President Donald Trump’s tariffs on $50 billion worth of imports from China actually mean, and how will this affect you?
The blather ministers of mainstream media have received their talking points from the same lobbyists who control Congress, and they are using scare tactics on the public.
“A 25% tariff on a product will raise the cost of needed goods by a third, hurting the American consumer,” one son of a billionairess announced.
“We will have shortages of needed goods,” a genius two years out of college lamented.
“There will be a trade war, like the one that caused the Great Depression,’ a fellow with a bad wig grumbled.
The last point first. The Great Depression and crash of the stock market was in 1929. The Hawley–Smoot Tariff act was passed in 1930. The Depression was the result of the greatest economic inequality in our history – until today. The Crash was not caused by tariffs enacted after the fact by the unfettered capitalist administration of GOP president (Herbert Hoover). Continue reading →
The nation which will soon boast the largest GDP in the world – China – is using digital technology to secretly detain and imprison tens of thousands of its citizens for so-called political crimes that range from expressing “extremist” thoughts to merely traveling or studying abroad.
This police state is part of a sweeping effort by Chinese authorities to use detentions and data-driven CCTV surveillance especially in the region of Xinjiang and over its ten million Uighurs, a Turkic-speaking Muslim minority that China says has been influenced by Islamic extremism.
Meanwhile, China’s state-run Xinhua news service has just announced that China’s State Council Information Office has declared China is making “remarkable progress” on improving human rights:
China has opened a new era of human rights protection and is now contributing to the diversity of human civilization and providing Chinese wisdom and solutions to promote social progress.
The truth is that China currently has installed 176 million surveillance cameras , and it shooting for 626 million by 2020. Since China has 1.4 billion citizens, there will be almost one camera for every two persons.
Continue reading →
Some 57 out of every 100 jobs in Silicon Valley requiring a bachelor’s degree or higher are filled by someone who wasn’t born in the U.S., according to a boast by Carl Guardino, president of the Silicon Valley Leadership Group.
Guardino, who wants President Donald Trump to grant DACA (ages 16-34) amnesty, said that loss of illegal workers would be “particularly damaging in Silicon Valley”, where they are part of the region’s tech world labor pool. Of the nation’s 800,000 Deferred Action for Childhood Arrivals (DACA), about 230,000 are in California.
This business leader seems oblivious to reality. Every job held by a non-citizen means one less job for an American, and leads to lower wages in that skill or profession.
Foreign workers don’t strike, complain about excessive hours, report pervert bosses or otherwise make waves – fearing reporting by employers to authorities. Their bargaining power in the marketplace rivals the 1800s’ cotton field slaves, but lacking even minimal guaranteed healthcare, food or shelter. Meanwhile, on a brighter note for Silicon Valley, Jeff Bezos, marked a milestone this week, when his personal wealth exceeded $100 billion. Continue reading →
If you are not a resident of Pennsylvania you can still earn a nursing degree at Penn State University in four years at a tuition-only cost of $154,600.
Or you could get the same education (with brat bun, not frat fun) free in Germany.
And you don’t have to speak German?
Public universities in Germany charge no tuition to anyone, including Americans , ugly or otherwise. Classes are offered in spoken English.
Students, who want degrees (in English) from among the world’s best institutions, can enroll in schools like University of Munich, University of Hamburg or Ruprecht Karl University of Heidelberg, three of the country’s best schools, and pay no tuition. Some years ago the government initiated a $500 a semester tuition charge, but students revolted and it was eliminated.
American students enrolled in public universities in Slovenia Continue reading →
For China – good news! For humanity – possible extinction!
The People’s Republic of China has vowed to become a world leader in artificial intelligence (AI) within a decade, and the government will spend billions on developing computers that are capable of thinking for themselves. The Communist powerhouse wants to become world leader in the field within a decade.
China has issued a “national AI development plan” to exceed efforts by Western market leaders, including Google and Microsoft. The Chinese will spend $22.15 billion on AI research by 2020, and $59.07 billion by 2025. Because of their government-owned defense industry and low wages, the actual costs – comparable to the U.S. – will be five to ten times those numbers, far exceeding American investment Continue reading →
Chinese Premier Li Keqiang (R), Japanese Prime Minister Shinzo Abe (L) and South Korean President Park Geun-hye attend the sixth China-Japan-South Korea leaders’ meeting in the South Korean capital of Seoul, Nov. 1, 2015. (Xinhua/Liu Weibing)
Zbigniew Brzezinski, co-founder of the Trilateral Commission, died Friday.
He was responsible for most of America’s economic woes today caused by our monstrous foreign trade deficit, fortunes and lives lost in Afghanistan, trillions wasted in the Cold War.
Leading the Trilateral effort, Brzezinski became National Security Advisor for President James Carter, and in May 1978, against State Department wishes, began talks that led to full diplomatic relations in December that year.
Brzezinski’s “normalization” of relations with Communist China was designed to change it technologically into a super power.
The following year the Washington Post reports in a February article – China Policy: A Born-Again Brzezinski – how Zbigniew describes his meeting with Cyrus Vance and China’s leader, Deng Xiaoping (Teng): Continue reading →
A gold-plated Infiniti luxury sports car on a test drive in Nanjing, east China’s Jiangsu province
During the Vietnam War, my part-time job was correspondent for the United States Information Agency (USIA), and one assignment portended today’s global power alignment.
The assignment was to interview ten ministers from various African nations to gain their impressions of a trip they were concluding in the United States. The article would be translated for their nation’s newspapers after review by Washington officials.
My recollection was a 500-word report to be sent Western Union to USIA headquarters (@ $1 a word). I was paid $30.
The ministers had gathered at International House, Chestnut St., Philadelphia, and some were dressed American-style and others were in native garb.
I introduced myself as a writer from USIA and then the room filled with shouts.
“You are not USIA! You are CIA…” Continue reading →