We are at war with China.

We are at war with China.

War is not what we think it is, never what we’re told it is.  To say the least, warfare has changed.

Real war now comes beautifully gift-wrapped from our economic and biological competitors — always with a card attached.

A card attached, in the language of real war, to hide the real costs.

“China orders pay cuts for SOEs executives”

[Xinhua link -- August 29, 2014]

  • “Deepening the reform of the payment system for executives of major SOEs is an important part of China’s efforts to establish a modern corporate system and push forward the reform of the income distribution system,” said a statement released after the meeting.
  • Reform of the payment system for executives of major SOEs should proceed in light of the basic reality that China is still in the primary stage of socialism, it said.
  • These SOEs [state-owned enterprises] are considered the backbone of the economy, but their inefficiency, monopolies in some sectors, unchecked spending and corruption have become a source of public complaints.
  • Statistics showed the average annual salary of executives at centrally administered SOEs ranged from 650,000 (105,691 U.S. dollars) to 700,000 yuan in 2010 and 2011.

“Foxconn plant to employ 20,000″

[China Daily link -- August 30, 2014]

  • Technology giant Foxconn’s plant in Shanxi province has launched a massive recruitment drive for an additional 20,000 workers to meet orders for next-generation smartphones.
  • Foxconn recruiters have been distributing leaflets to attract migrant workers at railway terminals in labor-rich inland provinces.
  • Apple is set to unveil the iPhone 6 on Sept 9, and industry insiders believe Foxconn’s plants on the mainland will need to recruit more than 100,000 workers this year to keep up with the demand.
  • The HR executive said that although Foxconn is eager to use robots in place of workers, people are essential in many areas, such as quality testing and polishing.

“Xi urges innovation in ‘new military revolution'”

[Xinhua link -- August 30, 2014]

  • “We should cast off the paradigm of mechanized warfare and embrace an approach to war featuring information technology.  The principle of protecting traditional security interests should also be shifted to one for the country’s comprehensive security and strategic interests,” according to Xi.

“China ratifies Martyrs’ Day”

[Xinhua link -- August 31, 2014]

  • The decision said Martyrs’ Day will be marked with events across the country on Sept. 30 every year.  The move is aimed at “publicizing martyrs’ achievements and spirits, and cultivating patriotism, collectivism, and socialist moralities so as to consolidate the Chinese nation’s cohesiveness,” the top legislature said in the decision.

“China Voice: NPC decision a landmark in HK democratic development”

[Xinhua link -- August 31, 2014]

  • The decision adopted by China’s legislature on Hong Kong’s electoral reform is a landmark in the region’s democratic development and will bear no disturbance in its implementation.
  • Hong Kong residents are also expected to unite in achieving the goal of universal suffrage to elect a chief executive who loves the country and loves Hong Kong.

“Is This American Academe’s Most Shameful Moment?”

www.forbes.com/sites/eamonnfingleton/2014/08/31/is-this-american-academes-most-shameful-moment

  • Greatly compounding American academe’s discomfiture is that the Beijing government seems hell-bent on making the anniversary a high profile statement of the speed with which Chinese influence is spreading in Western intellectual life.

“U.S. trade in goods with China”

www.census.gov/foreign-trade/balance/c5700.html

  • Deficit, January 2014 – June 2014:  -$155,216,900,000

Real enough for you?

Soon enough for you?
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E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1134] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender.

Like it or not, under the current system, our government is for sale.

This question of whether people are less honest than they used to be.  Our nation is in the throes of deindustrialization, so of course our looting classes in our services sector are trying to grab everything they can while there’s still something to grab.  But most of the strangers I talk with are quick to agree they’d be doing the same thing if they had the same privileged access to the loot and if they knew they weren’t being watched.

I’ll get to the point faster with something I’ve said before:

  • Like it or not, under the current system, our government is for sale.  Big Business spends big money on American politics, and expects big favors in return.  This worked a lot better when Big Business was still American, and we could reasonably expect the corruption of special interest politics to benefit Americans.  The distribution of favors was not fair, but, for the most part, the money stayed in the United States and benefited our own citizens.

Feel free to substitute your favorite villain for “Big Business.”

Anyhow, China is way more corrupt — literally, like, bazillions of times more corrupt — than the relatively innocent-by-foreign-standards United States of America.  The thing about the Chinese — the thing about every one of our successful industrial competitors — is that their crooks are more patriotic than our crooks.

You might keep this in mind whenever you debate the minimum wage or the corporate income tax.

Why penalize?  Why deindustrialize?

Why not just be honest, scroll down, and keep the money here?
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E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1126] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender

“There’s Something Wrong With Me”FFC #1098 of July 23, 2014

This essay isn’t about Nazis, but I can’t think of a better way to begin.

If something defies logic, then maybe there’s a reason.  Nobody can solve an emotional puzzle with logic, intellect.

(Haven’t you ever loved a person you swore must be crazy?)

I’ve known lots of people who, when they were young children, and learning about themselves from old children, learned and memorized this:

“There’s something wrong with me.”

There you have it.  They were wrong, of course, but there you have it anyway.

The shrinks might call it “low self-esteem” but it’s our country’s biggest problem.  Every compulsion and addiction — from overeating to serial murder — is rooted in this fundamental self-hatred.

Every exploitation and vulnerability, too.  How often do we make a purchase decision — or otherwise socially conform — to avoid the feeling, deeply subconscious, that “there’s something wrong with me”?

A hundred years ago, the typical German household was not what we Americans would think of as kid-friendly.  Humiliated German children grew into adult Nazis who saw themselves — their defective and vulnerable childhood selves — in their Jewish victims.  They symbolically exterminated their childhood selves, and thus completed the work of their childhood authority figures.

I know too many self-hating Americans — mostly good people of low self-esteem — who see themselves in their own children and grandchildren.

They are wrong, of course, but there you have it — and the reason their behavior defies logic.

Labor Day always reminds me of the early 1970s and those visionary Detroiters who spent their union wages on Japanese cars.

Labor Day always reminds me of the early 1970s and those visionary Detroiters who spent their union wages on Japanese cars.

“Playboy Interview: Frank Sinatra, February 1963″

www.longform.org/stories/playboy-interview-frank-sinatra

  • Can you imagine the deluge of crank letters, curses, threats and obscenities I’ll receive after these remarks gain general circulation?
  • But you can’t make me believe that a machinist in Detroit, ending a 40-hour week, climbing into his ’63 Chevy, driving to a steak barbecue behind his $25,000 home in a tree-lined subdivision, about to begin a weekend with his well-fed, well-clothed family, is going to trade what he’s got for a Party card.

“South Korea’s Kia to invest $1 billion in Mexico”

www.bigstory.ap.org/article/south-koreas-kia-invest-1-billion-mexico

  • Mexico is a favorite spot for car makers, thanks in part to its relatively low wages, proximity to the United States and several free trade agreements with 45 countries.
  • Last month, Germany’s BMW said it will spend $1 billion to build a new luxury car factory in San Luis Potosi state that will start production in 2019 as part of an effort to expand the company’s presence in the United States.  BMW’s announcement came a week after Daimler and Renault-Nissan said they would spend $1.6 billion on a factory in Mexico to make premium compact cars for the Infiniti and Mercedes brands.

“Kia to build plant in Mexico by 2016″

www.koreatimes.co.kr/www/news/biz/2014/08/123_163742.html

  • “Mexico, together with Korea, is one of the nations that made FTAs (free trade agreements) with as many countries.  By having production plants there, Kia Motor will be able to export cars to those countries as well paying less tax,” said Shin Chung-kwan, an analysis at KB Investment and Securities.

“Automaker Kia to build $1 bn assembly plant in Mexico”

www.latino.foxnews.com/latino/news/2014/08/27/automaker-kia-to-build-1-bn-assembly-plant-in-mexico

  • “Having the option to invest in any country, a company of the prestige of Kia Motors chose Mexico to grow and expand its investments at the global level,” Peña Nieto said at the ceremony with Lee and Nuevo Leon Gov. Rodrigo Medina.
  • “Besides its solid macroeconomic stability, Mexico has experience in the automotive industry,” the president added.

“Kia makes $1 billion bet on car factory in Mexico: Investment will allow more exports, too”

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2994227

  • Industry observers said the decision is also part of Kia’s effort to minimize the risks of a strong Korean won and labor disputes in Korea.
  • This will be Kia’s sixth overseas plant.  The affiliate of Hyundai Motor Group has three plants in China, one in Slovakia and one in the U.S. state of Georgia.

“First Chinese car factory opened in Brazil”

[Xinhua link -- August 29, 2014]

  • When fully operational in 2018, the Jacarei plant will have a production capacity of 150,000 vehicles per year.  The first model to be produced will be the Chery Celer, and the QQ model will follow next year.  The Chery plant currently employs 300 people, a third of whom are former employees of GM’s Sao Jose dos Campos factory.  When fully operational, it will have some 3,000 people.

“Cyanide Found in Dog Meat Sold to Restaurants, Zhejiang Court Hears”

[Caixin link -- August 29, 2014]

  • One of the wholesalers was also on trial.  Prosecutors accused him of selling 38 tons of tainted meat over the past two years to restaurants and other businesses.  A defendant who worked in the butchering facility said most of the dogs were killed with an anesthetic.  Police found levels of anesthetic in the frozen meat were so high they posed a threat to human health, the court heard.

Once upon a time, someone did not abandon you.
www.facebook.com/BobHall2016

E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1133] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender.

As compared with last year there was more food, more clothes, more houses, more furniture, more cooking-pots, more fuel, more ships, more helicopters, more books, more babies — more of everything except disease, crime, and insanity

“Gross Domestic Product, Second Quarter 2014 (Second Estimate); Corporate Profits, Second Quarter 2014 (Preliminary Estimate)”

www.bea.gov/newsreleases/national/gdp/2014/pdf/gdp2q14_2nd.pdf

  • Real GDP increased 4.2 percent in the second quarter after decreasing 2.1 percent in the first.
  • In the advance estimate, the increase in real GDP was 4.0 percent.
  • Real gross national product — the goods and services produced by the labor and property supplied by U.S. residents — increased 4.3 percent in the second quarter, in contrast to a decrease of 2.8 percent in the first.
  • Durable goods increased 14.3 percent, compared with an increase of 3.2 percent.
  • Current-dollar GDP — the market value of the nation’s output of goods and services — increased 6.4 percent, or $267.3 billion, in the second quarter to a level of $17,311.3 billion.  In the first quarter, current-dollar GDP decreased 0.8 percent, or $34.3 billion.
  • Profits from current production . . . increased $154.9 billion in the second quarter, in contrast to a decrease of $201.7 billion in the first.

“The fabulous statistics continued to pour out of the telescreen.  As compared with last year there was more food, more clothes, more houses, more furniture, more cooking-pots, more fuel, more ships, more helicopters, more books, more babies — more of everything except disease, crime, and insanity.” — Orwell, 1984
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E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1132] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender.

Is Hacking an inside job?

I want you to think about this one.

We have forced American employees to train their replacements in other countries.

We have sent our systems to other countries to be maintained in other countries.

We have brought in visa holders to take the place of Americans in America.

Yet we want to blame russia, etc., etc., etc. for hacking into our systems?

What if they simply are logging into our systems using the passwords that we supplied them with!

 

Rat in Irrational

Snooze — 

“Chinese car maker starts building plant in Russia’s Tula region”


[Xinhua link -- August 25, 2014]

  • Tula’s governor Vladimir Gruzdev said that the regional government plans to purchase Chinese cars made by the GWM [Great Wall Motors].  Speaking at the foundation stone laying ceremony of the GWM plant in Tula’s Uzlovaya town, Gruzdev said the localized enterprise would build China-designed cars from scratch, not merely assemble them.

“China allows foreign-owned hospitals in more cities”

[Xinhua link -- August 27, 2014]

  • The MOC [Ministry of Commerce] specified that only investors from Hong Kong, Macao and Taiwan may set up hospitals featuring traditional Chinese medicine.
  • China vowed to expand its healthcare service sector so that it is worth 8 trillion yuan (1.3 trillion U.S. dollars) by 2020.

“KKR agrees to buy 18 pct of China chicken firm for $400 mln”

www.reuters.com/article/2014/08/26/kkr-sunner-investment-idUSL3N0QW3AI20140826

  • Buyout firms such as KKR, Carlyle Group and Olympus Capital have become regular investors in China’s food chain, employing Western technology and supply chain management to address the country’s food safety scares.

“Are U.S. Markets Liquid and Deep or Rigged and Broken?

www.wallstreetonparade.com/2014/08/are-u-s-markets-liquid-and-deep-or-rigged-and-broken

  • This allows the Direct Feed users to buy a stock on the cheap and sell the stock back to the SIP user at a higher price.
  • The New York Stock Exchange and Nasdaq, which also have a mandated regulatory role to ensure that their markets are fair and non-discriminatory, have allowed the two-tiered market to exist because they are collecting hundreds of millions of dollars a year selling the SIP to the dumb money and the Direct Feed to the smart money.

“Churches not targeted: govt”

[Global Times link -- August 21, 2014]

  • A campaign spokesman made a rare clarification over the ongoing campaign against illegal properties by revealing statistics that only 0.26 percent of all demolished or rectified buildings was being used for religious purposes, the Zhejiang-based Today Morning Express reported Wednesday.  Protestant churches only made up 2.3 percent of the already tiny proportion of religious structures, the spokesman added.
  • The spokesman added that not only are these structures polluting the environment and impeding urban development, their existence also affects the government’s authority and bring harm to social culture.  Dao Ming, a pastor at a church in Wenzhou, estimated that around 50 churches have been demolished since late April in Wenzhou.

“How dire is the Islamic State’s threat to US?”

[Xinhua link -- August 27, 2014]

  • The Islamic State poses a major problem for the United States, which aims to keep terrorism in check a decade after the Sept. 11, 2001 attacks on New York and Washington.  The militants’ territorial gains have Washington worried that its ultimate nightmare could come true — that the group could carve out a haven in Iraq or Syria and use it as a staging ground for attacks against the US, much like al-Qaida did in Afghanistan.

“Will the Chinese Communist Party become social media’s ‘most followed’?

[SCMP link -- August 25, 2014]

  • The [WeChat] account, called “gong chan dang yuan”, or Communist Party member, is managed by the Organisation Department of the party’s highest organ of power, the Central Committee.  The department has told all members of the world’s largest political party to follow the account. 

“The Three Stooges Collection: Pop Goes the Easel”

www.hulu.com/watch/23060

  • Look at the grouse!

– and lose. 

www.facebook.com/BobHall2016

E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1131] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender.

And the wealthy — is their money not originated by and transferred from laborers and consumers?

I just left this comment on a blog about the corporate income tax:

“How is it even possible for a corporation to ‘pay’ taxes?  And the wealthy — is their money not originated by and transferred from laborers and consumers?  Here’s what a corporation really can do: stash money outside the U.S. where it does us no good at all.  Like it or not, we’re in this together.  Don’t be small — not even in an election year.”

That’s my piece for today.  


www.facebook.com/BobHall2016


E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1130] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender.

As a Christian, I know that Jesus would never tell anyone where to shop or what not to buy.

This is getting popular as a delayed response to “My Simple Test of Your Christian Faith”:

  • “Yeah, but. . . .”
  • “But what?”
  • “I’m a Christian — I love Jesus — and Jesus would never tell anyone where to shop or what not to buy.”
  • “Even if your money goes to sellers who are actively persecuting your fellow Christians?”
  • “Right.”
  • “Even if the sellers are destroying churches and trying to eliminate Christianity?”
  • “Right.”
  • “Even if the sellers are rewriting the Bible and creating their own version of Christian theology to support their worldly political agenda?”
  • “Right.”
  • “Even if the sellers’ products are manufactured by abused workers and slaves?”
  • “Right.”
  • “Even if they’re slaves of an officially atheistic country that has recently called religion a threat to national security?”
  • “Right.”
  • “Even if the country has a history of genocide and infanticide — and extraordinary racism — and killed tens of millions of its own people in the space of only four short years, only fifty years ago?”
  • “Right.”
  • “You see no conflict between your religious beliefs and your actual behavior?”
  • “I’m a Christian.”
  • “So nothing could ever discourage you from Chinese goods or shopping at Walmart?”
  • “As a Christian, I know that Jesus would never tell anyone where to shop or what not to buy.”

Historians will commonly say that without poverty, there would be no religion.

It appears that Walmart has read the same books.

 

www.facebook.com/BobHall2016

E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1129] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender.

“My Simple Test of Your Christian Faith” is #1063 of June 21, 2014.

I can understand their fear — in light of our nation’s experience with Genetically Modified Economics.

This morning, a group of concerned citizens asked for my thoughts about Genetically Modified Organisms.

I can understand their fear —

— in light of our nation’s experience with Genetically Modified Economics.

The natural and healthy thing would be for us to remember how to do the natural and healthy thing, and then give it a go.

“Chinese OS expected to debut in October”

[Xinhua link -- August 24, 2014]

  • After concerns about U.S. surveillance and a monopoly probe of Microsoft, there is some good news for China’s homegrown operating system (OS): a desktop version may be ready in October.
  • “Our key to success lies in an environment that can help us compete with Google, Apple and Microsoft,” said Ni [Guangnan of the Chinese Academy of Engineering of the State Council of the People's Republic of China of the Communist Party of China].

“China regulates corporate transparency”

[Xinhua link -- August 23, 2014]

  • An interim regulation on disclosure of corporate information, to take effect on Oct. 1, 2014, has been approved by the State Council, China’s cabinet, and endorsed by Premier Li Keqiang.
  • With the new rules, the government will only monitor information disclosure.  The greater part of the “checks” are left to the public, who now have access to the pertinent information.  Government intervention has been cut and companies can operate on their own responsibility as a business entities and invite public supervision, said Ye Lin, a professor of law at Renmin University of China [also known as "People's University of China," the first university established by the People's Republic of the Communist Party of China].

GMC could mean “Genetically Modified Citizen” or “Genetically Modified Consumer” — early GMOs and precursors of the self-destructive GMA.
www.facebook.com/BobHall2016
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1128] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender

 

If U.S. wages were spent here, on U.S.-made goods, and stayed here in the U.S., the entire U.S. population would benefit from a ridiculously high U.S. minimum wage.

Untwist.  Unspin.

  • Minimum wage is an offshoring issue.  If U.S. wages were spent here, on U.S.-made goods, and stayed here in the U.S., the entire U.S. population would benefit from a ridiculously high U.S. minimum wage.
  • Economic stimulus is an offshoring issue.  Our public credit was not established for the benefit of foreign competitors, offshore producers, or bored-silly economists.
  • Immigration is a labor issue.  A healthy U.S. economy would need lots of new workers.  An unhealthy U.S. economy would need to recuperate first.

Some of what you’ll be reading about our foreign threats — the hitherto undetected — will be very good and insightful, but please remember that “foreign policy” is not synonymous with “war.”

Foreign policy is a way of being in the world.  In other words: foreign policy is domestic economic policy.

You’ll find these terribly practical:

“The Thirty-Six Strategies of Ancient China”

www.chinastrategies.com/table.htm

  • #5: Loot A Burning House
  • #10: Hide Your Dagger Behind A Smile
  • #19: Steal The Firewood From Under The Pot
  • #33: The Strategy Of Sowing Discord

In other words: Cherchez la Chine!

As I’ve said, the purpose of education is happiness, which is largely determined by our ability to know when we’re being lied to.
www.facebook.com/BobHall2016

E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1127] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender