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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: greenspirit who wrote (67731)	1/22/2003 2:53:39 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 281500

<I would hope organizations such as Loral would be responsible enough to understand the potential ramifications of where their products are sold. After all, as an American taxpayer, their R&D research is largely underwritten by taxpayers. > Michael, the technology was soldering by Loral. I can understand that soldering technique to ensure an extremetly expensive satellite didn't crash would be considered a reasonable thing to show the Chinese how to do. Technology transfer agreements do actually require some technology transfer. QUALCOMM is training swarms of Chinese in the fine arts of CDMA. That will be useful for military communications technology in China. As a capital provider to QUALCOMM and Loral [via Globalstar] and having lost a very large chunk of capital, it makes me resentful that American taxpayers think they have underwritten anything. Yes, the R&D is tax deductible. But a tax deduction isn't a payment by the taxpayers. Especially in the case of Globalstar, where there was no profit from which to deduct the R&D. American citizens are doing very nicely from my investments and they'd better damn well show some appreciation and respect my capital. We capitalists are easily frightened, timid souls, who flee when the marauding hordes are at the gate. If American citizens start to develop a drooling look of entitlement, as though they are doing me a favour, I'll run for cover. There has already been some panic by capitalists who have lost a lot of confidence in the USA and its citizens. No wonder umpty trillion in market capitalisation losses and capital flight has taken place. When Worldcon, Global Crossing and Enron rob our piggy banks, we panic and flee. Thankfully, King George II has decided to offer a modicum of relief by way of a dividend tax reduction. He'll just take one very large bite instead of two. Which citizens should NOT think is giving anything to capitalists. They are just taking less. Going from extreme greed to merely greedy. I suspect that China will respect capital more than the USA and in a few years will attract the bulk of investment. China doesn't have a culture of entitlement yet. It'll probably take a generation to develop. < Do you believe we should share Trident Missile technology with China as well, and encourage them to provide the same thing to North Korea? > While it's a dog eat dog world, I'd be keeping my military technology as tight as possible. But I'd be spending $$billions on making the UN into a sensible organisation. The USA is in a unique position to lead the world to something more civilized. I haven't seen much sign of it so far. The only means is to revamp the UN to a democratic institution. Bigger and tougher USA military force isn't the answer. Rule of law is needed, not rule at the barrel of a gun by military tribunal. North Korea is a more organized and poorer form of East Germany. The rejoining takes a while, but it's a big business opportunity for South Korean companies. I think CDMA cyberphones will be very popular in North Korea soon after the frost thaws. Rome wasn't built in a day. Mqurice