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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (1117851)2/15/2019 7:59:17 PM
From: Land Shark  Read Replies (3) | Respond to of 1575930
 
The thing is... FatRump is neither



To: Tenchusatsu who wrote (1117851)2/15/2019 8:55:32 PM
From: James Seagrove1 Recommendation

Recommended By
Mick Mørmøny

  Respond to of 1575930
 
Good work, I just gave it a rec. I see comic-farce responded prior to his lovely spouse banning you.



To: Tenchusatsu who wrote (1117851)2/16/2019 11:03:56 AM
From: TideGlider2 Recommendations

Recommended By
locogringo
longnshort

  Read Replies (1) | Respond to of 1575930
 
I am so pleased the left loves her. It seems they are attempting to make the average voter even more stupid and I thought they couldn't be more ridiculous.



To: Tenchusatsu who wrote (1117851)2/19/2019 7:08:32 AM
From: RetiredNow  Respond to of 1575930
 
LOL. That is truly funny. The View from the Center and Left is AOC land. It's a bit dystopic to say the least. BTW, different topic. I'm a bit worried that Trump is going to pull a Trump and sign a trade deal with China, while ignoring the very real existential threat they pose to Western civilization. As much as we are dealing with the internal civil war here in the US and trying to beat back Socialism and all its crazy adherents, I think a bigger threat is sitting on our front lawn in the form of China. It's the absolute worst time for the US to be divided like we are now. China is stealing and eating our lunch and we're doing nothing about it. And worse, Trump may just sign a worthless deal that does not fix the wholesale theft of our IP and industries that China is engaging in.

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The fight with China is about our national security, not toasters

Peter Morici

The Chinese kleptocracy poses an existential threat to Western capitalism and democracy.The Trump administration is pursuing a trade deal with China that and could risk national security.

China’s culture in public service and private business the rules for competition generally adhered by among advanced Western nations. It more severely limits imports of products it can make domestically, refuses to honor intellectual property rights, and promotes exports through a wide range of aggressive subsidies.

Beijing surreptitiously orchestrates consumer boycotts against foreign companies — like Samsung— to gain advantages in foreign policy. And it insidiously organizes — for example, Lenovo imbedding spying software on computers shipped to foreign markets — to win commercial and military advantages.

China’s 2001 was supposed to deal with many of those practices but President Xi Jinping and his predecessor have repeatedly demonstrated China’s word is as worthless as those of fascist leaders during the 1930s.

Moreover, compliance would have required Communist Party leaders to cultivate among young party leaders and business professionals respect for Western norms of honesty and decency in dealing with foreigners.

Instead, its markets are now more closed and exports more subsidized. Thanks to the internet and the increasing importance of artificial intelligence in the design, production and delivery of modern goods and services, the Chinese kleptocracy poses an existential threat to Western capitalism and democracy.

Owing to their size, China, the United States and a few other Western nations create most of the world’s cutting-edge technology. If everything China invents is respected by Western law and business norms but what the West invents can be stolen by Chinese enterprises and military with impunity, the West will fall under Beijing’s yoke much as did the ancient world to Rome.

The U.S. strategy of imposing rather weak tariffs — most of the retaliatory tariffs are 10% and have been neutralized by yuan depreciation USDCNH, +0.0369% — to essentially compel China to honor its 2001commitments won’t work.

Contempt for foreign property rights is religion in China and the real negotiating partners — China’s deep-state bureaucracy and state-owned enterprises, military and private-business chieftains—are not at the table and Xi can’t deliver them.

In 2015, China signed an agreement to end state-sponsored industrial espionage that it has simply failed to honor.

For example, the Justice Department has recently indicted officials of Chinese cybersecurity firm Boyusec for hacking Moody’s Analytics MCO, +3.38% , Siemens AG SIE, -0.65% and U.S. global positioning system developer Trimble Inc. TRMB, +1.03% Huawei has an organized program that pays bonuses to employees based outside of China to steal technology from foreign rivals.

Too much of what is in WTO rules pertains to what are becoming quickly ancient playing fields of competition — manufacturing major appliances and motor vehicles, merchant banking, and motion pictures. Any government with a checkbook can foster an industry in one of those.

The real competition is in super computing, space exploration and artificial intelligence. Those offer opportunities for commercial dominance and explosive growth akin to the spread of mass production and automation in the 20th century and absolute military superiority.

The same kinds of artificial intelligence that permits smartphones and facial recognition to track web surfing and personal movements to generate targeted advertisements and for police to anticipate criminal acts will enable the Chinese and Russian militaries to anticipate the tactics and neutralize the effectivenessof the U.S. Navy and Air Force and ultimately destroy American civic institutions and markets — if we let either vault into the lead.

China supplements trade policies and commercial espionage with well-financed national strategies to accomplish dominance in super computing, space exploration and artificial intelligence by 2030. It’s ludicrous to believe American negotiators can smother those ambitions with treaties that Beijing will violate at first opportunity.

It’s time to join the commercial war with China—for real. Impose tariffs high enough to compel balanced bilateral trade — allocate import quotas by auction that limit purchases from China to the value of exports into its market. Apply aggressive financial and trade sanctions against Chinese companies that pirate technology and initiate national strategies in advanced computing, space exploration and artificial intelligence that can ensure national survival.

All those require higher prices for toasters and teapots at Target and less entitlement spending and higher taxes, but that’s the price for national survival.

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Read more from Peter Morici: Western decadence puts democracy at risk Negotiating with China may prove a fool’s errand China is counting on its trade surplus in its battle for supremacy