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When China Barks Does Obama Jump?

Posted 24 months ago|9 comments|520 views
Written by
Siempre Solo
Auburn, NY
What say you all? Will Barack “Socialist” Hussain Obama, bower to foreign dignitaries prove to the American people once and for all that he is a puppet administrator with no real gumption to lead this nation by symbolically bowing to America’s economic masters, the Chinese? If every Tea partying loon member of the conservative fringe could have their way then yes he will! Apparently China is not to happy with the prospect of the US president accepting to meet with exiled Buddhist leader the Dalai Lama in an upcoming US visit he has planned for later this month. The Chinese who have invested considerable amount of money in the US have made it clear that this kind of relationship could be adversely affected in the future if the US president goes thru with his upcoming meeting with the Dalai Lama.

It is yet to be seen however if the Chinese scare tactics will affect the choices of our president. The eyes of the American people however should definitely be focused on the choices the president makes later this month. It can be a surefire indication as to the influence of China on not just the American economy but American politics as well because if the Chinese can bark and make us jump then they definitely have the upper hand on the other hand if our president meets with a very visible and vocal leader who is apposed to Chinese policy and embraces his cause and mission then it puts us at odds with China.

Google’s efforts to squash Chinese control over their product has scaled up since the Chinese have withdrawn from manufacturing Google’s phone. China has demonstrated to the world that while they have embraced the concept of being rich that true Capitalism (that is free market) and democracy is not part of the bargain. Will this be an empty threat on the part of the Chinese or will the Chinese begin to back out of American investment en masse leaving American businesses struggling for investors and a market to sell their products to.

To the Chinese it is definitely a power play but are they positioned to come out victorious? Do they have enough financial power to pull through with an economic boycott on America and come out unscathed. The Chinese people are accustomed to poverty but an economic boycott on the US today can prove disastrous on the Chinese economy. The depend on us as much if not more so than we depend on them. So while the ego of Chinese leaders might not be able to conceive of a friendly meeting between an economic partner and a political adversary American views allow for much more. Time will tell what will become of this situation, personally I hope the president does meet with the Dalai Lama and that the Chinese come to appreciate and respect the value of open dialogue. Who knows if this can become another teaching moment.


Thank you for reading!
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COMMENTS
Siempre Solo
Siempre Solo
Auburn, NY
24 months ago: Another good point to bring up is this: China’s potential boycott as I see it could force America’s hand and support a Free Tibbett officially, that is with military support.
Siempre Solo
Siempre Solo
Auburn, NY
24 months ago: And then what would happen if Tibbett is successful in gaining it’s independence from China, Don’t forget there are ethnic Muslim minorities in it’s Northwestern provinces that feel mistreated by the influx of Chinese from the East that don’t know or respect their customs. They could potentially demand and gain their freedom too. This would prove disastrous to the Chinese because this area is rich in Oil and gas, Isn’t it?
Siempre Solo
Siempre Solo
Auburn, NY
24 months ago: Ultimately we could see a repetition of what happened to the former U.S.S.R. Nobody likes being bullied around and if enough pressure builds up then who is to say that the local municipalities whose customs and dialects are as varied as those in Europe will not collectively or independently garner the local military troops to side with them locally rather than nationally?
Siempre Solo
Siempre Solo
Auburn, NY
24 months ago: I just feel that it may not be a wise decision on the part of China to start making demands of it’s political or economic partners. To do so is to show distrust and a lack of faith. This speaks volumes of the future of any economic relationship. The Chinese may have a huge market but they are not the only game in town and there are other developing nations ready to jump in if China should decide to pull out! What say you all? Am I reading this whole thing the wrong way or perhaps I’m just reading way to much into this?
Altruist
Altruist
Eugene, OR
24 months ago: The main reason China is angry with the US is the $6.4 Billion weapons sale we just made to Taiwan. See: http://news.bbc.co.uk/2/hi/americas/8488765.stm

You say that they need us more than we need them, but I am not certain about that. China just surpassed us as the number one market for cars. Over the years China has developed a huge middle class and that middle class is looking for all of the goodies that we used to buy from them. The internal market will soon exceed the external market, so they will soon devote more and more of their manufacturing to just satisfy domestic needs.
As far as we needing them, China has been buying our debt at something like 1% return. They can easily invest that money in things that will give 3-4 times the return. If they did that, we would have to double or triple the rates on our savings bonds to attract people to buy our debt and that means the interest we pay on the national debt would go from the current $450 billion to $800 to $1200 billion!
The outlook for Tibet is not good because Tibet contains a major proportion of the material needed to build the latest Lithium batteries. They just overwhelm the country by filling it with Han Chinese and then majority rules.
THE RONBOT HUNTER
THE RONBOT HUNTER
24 months ago: China owns billions in debt instruments of the US.

They can ruin the US economically, if they wanted to hurt our economy.

But they too will lose, if they play hard-ball.

They respect no international laws or contracts or copy-rights of any nation.

They run as if they were a rouge agent.

If they pull their games, I will know what to do, if I had the money to invest.

Watch out, because someday when we are weaker than, this nation is. It will strike an economic blow.

They will know when and how to take advantage of our weakness.

THE RONBOT HUNTER
ALL RIGHTS RESERVED
Altruist
Altruist
Eugene, OR
24 months ago: This dependence on a foreign power that is becoming more hostile is indeed very dangerous. I am glad Obama and hopefully the democratic Congress will be working to eliminate the deficit so we don't have to borrow. This is a matter of national security that is much worse than the threat of terrorism and it is imperative that the republicans stop saying no to everything, roll up their sleeves and start doing their jobs.
The Repubs suggested a line item veto, the Dems passed pay as you go, the President proposed a freeze on domestic programs but that is only 10% of the budget. We need to extend the freeze or more cuts to the bloated military budget. Obama proposed allowing Bush's tax cuts to the rich to expire. That is a start but we also need a transaction tax on all of the short stock, derivatives, and hedge funds, to control this damaging behavior that caused the economic meltdown.
The Repubs have to give up on their insane pledges to never raise any taxes for any reason. How else are you going to repay the $12 trillion debt? Bake sales?
Altruist
Altruist
Eugene, OR
24 months ago: Obama is getting tough on the Chinese and will be meeting with the Dali Lama. See: http://news.iafrica.com/worldnews/2204605.htm

All of the conservatives must be ecstatic and Red will probably be adopting Obama as an Honorary conservative because he sure hasn't done anything liberal or even remotely close to being socialist.
Siempre Solo
Siempre Solo
Auburn, NY
24 months ago: The best path to national security rests in a solid infrastructure. Unfortunately ours is spread too thin due to the globalization of our national wealth. You brought up an interesting point in your first comment about the Chinese turning their focus from building for us to building for themselves. I believe there is truth in that so fundamental to their national stability that it would be wrong to expect them to do any differently. I wonder however why it is that we do not follow a similar course of action?

It seems that the bulk of our problems as a nation can not be solved by strategic foreign policy such as it was during the cold war era, during the Reagan years. Today our problems are firmly tied to domestic issues that have nothing to do with China or the middle east or international terrorist or even immigration. Consider our national viaducts of transportation, roads, highways, railways even air travel, every last one of them are suffering from antiquated methods of operation. They are literally crumbling and all we seem to do is bicker about who is the worst party. This is ludicrous!

In a similar fashion America’s educational edge gets duller and duller each passing year as developing nations with a GDP that are a fraction of ours focus considerable amounts of their national budgets to develop every level of education in their nations. We on the other hand ignore our public educational system’s obvious flaws and rather than fix the problem throw money towards random private sector ventures that follow no cohesive national plan for success.

Go down the line and similar trends are affecting us nationally. California’s economic woes are a forecast for the rest of the nation. We need to get our act together!

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