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

move in cleaning service Buffalo Grove ...

In The News:

The commercial Unitree H1 humanoid robot weighs 104 pounds with 365 pound-feet torque per joint and demonstrates dangerous potential when software glitches occur.

Americans average 10-plus hours online daily, according to recent survey, splitting time between streaming shows on TV and browsing websites on multiple devices.

Boost your smartphone privacy instantly with these security tweaks for iPhone and Android that limit ad tracking, hide notifications and prevent unauthorized access.

Platforms like Hoax Tech and JS Click Cloaker help cybercriminals bypass detection systems using machine learning to selectively display scam content to victims.

A new battery recycling technique transforms old lithium-ion batteries into high-performance components that retain 88% capacity after 500 cycles with minimal waste.

Google's Android operating system can warn users about earthquakes before the shaking even begins – and there are ways to do it on your iPhone, too.

Meta's new gesture control wristband might just be the most seamless way to control a computer yet. And no, it doesn't require surgery, a camera, or even a touchscreen. All it needs is your wrist.

Long-haul trucks are now being upgraded with a surprising twist, thanks to California-based startup Revoy. Their electric boost doesn't replace diesel but works alongside it to cut emissions and fuel costs without major disruption.

PayPal and Venmo just rolled out something big: AI-powered scam alerts for Friends and Family payments.

As data centers multiply across the United States, energy demand is increasing at a rapid pace. This has not escaped the notice of large investment firms from Wall Street.

The Unicode Consortium, the nonprofit organization that maintains the Unicode Standard to ensure emojis work across devices, has announced Unicode 17.0, which includes nine new emojis slated for release this fall, in September 2025.

OpenAI is one of the world's leading AI research labs. Founded in 2015, it's behind some of today's most talked-about tools, including GPT, DALL·E, and ChatGPT.

Ever catch your dog staring at the screen during movie night and wonder if they're actually watching? Turns out, they might be. A new scientific study from Auburn University found that many dogs really do engage with television, and not all pups react the same way.

Stop the scammers from making contact in the first place. They're getting your parents' contact information and much more personal data besides, from somewhere.

The Walker S2 robot from UBTech autonomously exchanges its batteries in just three minutes, allowing continuous operation in car factories operated by BYD, Nio and Zeekr.

The FX Super One electric MPV from Faraday Future offers flexible seating, zero-gravity recliners and an AI system that creates a personal connection between driver and vehicle.

Practical solutions for reducing unwanted charity mail, political texts and email spam by opting out of shared lists, replying "STOP" and using data removal services.

Delta's new AI pricing system eliminates static airfares for personalized rates based on individual data, raising questions about fairness while promising optimized revenue.

AI data centers are straining the power grid across 13 states, contributing to a $9 billion increase in electricity costs, and PJM customers face monthly bill increases of $25 or more.

Artificial intelligence is transforming the music industry as AI-generated bands like The Velvet Sundown earn substantial streaming revenue, prompting lawsuits from major record labels.

Microsoft phishing scams use fake security alerts and links that redirect to credential-stealing pages with warning signs, including urgent language and unusual senders.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Tesla vehicles manufactured since mid-2021 with AMD Ryzen processors can now access Grok 4, xAI's witty conversational assistant designed to make drives more engaging.

Understand how technology affects mental health through five concepts, including blue light exposure, screen time management and algorithmic bias.

Electric vehicle maker Lucid adds hands-free driving through an over-the-air update for Air sedan owners with the DreamDrive Pro package and Gravity SUV support coming later.

Trade Wars, China and Over Regulation At Home

Political