Like I said, Clinton tried, but he didn't quite succeed. Bush Jr's administration exacerbated that matter. One interestingt thing that runs exactly to
this argument comes to mind.
During Clinton's administration, only the US had the means to manufacture neodymium magnets - a critical component for Tomahawk cruise missiles. China
expresses an interest in this business, and Clinton allows them to purchase the this business, along with several others, but with a few caveats. For one, this
business had to remain on American Soil so we would still have a ready source of the critical parts for our weapons plants. China aggrees and goes on to make
money from magnets for missiles.
Later, during the Bush Administration, Ford Motor Company expresses an interest in building cheap cars using cheap labor in China. China won't allow for
it, unless we happen to let go of certain industries. Guess what the Bush administration gave up so Ford could make more money? China now controls all
manufacture of neodymium magnets. Should they so choose, they can deny us sale of the critical part needed for our cruise missiles. Good thing they're
making so much money off of us, right?
Wanna see more stuff like that? Check out Free
Lunch by David Cay Johnston. I've already looked at the negative reviews (which are vastly outweighed by the postivie ones) and they seem to be pitiful
arguments about information being outdated and easy enough to uncover. One reveiwer even went as far as to say that he was mislead by the title and was hoping
that the book would show him how to get rich off of taxpayer's dollars (ass). Trouble is that while some of the info may be old, these acts are still
being perpetrated and not very many people are wise to what's going on.
this argument comes to mind.
During Clinton's administration, only the US had the means to manufacture neodymium magnets - a critical component for Tomahawk cruise missiles. China
expresses an interest in this business, and Clinton allows them to purchase the this business, along with several others, but with a few caveats. For one, this
business had to remain on American Soil so we would still have a ready source of the critical parts for our weapons plants. China aggrees and goes on to make
money from magnets for missiles.
Later, during the Bush Administration, Ford Motor Company expresses an interest in building cheap cars using cheap labor in China. China won't allow for
it, unless we happen to let go of certain industries. Guess what the Bush administration gave up so Ford could make more money? China now controls all
manufacture of neodymium magnets. Should they so choose, they can deny us sale of the critical part needed for our cruise missiles. Good thing they're
making so much money off of us, right?
Wanna see more stuff like that? Check out Free
Lunch by David Cay Johnston. I've already looked at the negative reviews (which are vastly outweighed by the postivie ones) and they seem to be pitiful
arguments about information being outdated and easy enough to uncover. One reveiwer even went as far as to say that he was mislead by the title and was hoping
that the book would show him how to get rich off of taxpayer's dollars (ass). Trouble is that while some of the info may be old, these acts are still
being perpetrated and not very many people are wise to what's going on.