Stirring the pot: on American polarising complacency against Chinese misdirection 韬光养晦 .
From The American Dream website/blog by Michael Snyder: Waking People Up And Getting Them To Realize That The American Dream Is Quickly Becoming The American Nightmare
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45 Signs That China Is Colonizing America
By Michael Snyder, on May 23rd, 2012
Source – The American Dream website, published May 23, 2012
Just because you were once the most powerful nation on earth does not mean that you will always be the most powerful nation on earth. Every single year, hundreds of billions of dollars leaves the United States and goes to China. This enormous transfer of wealth has had a dramatic effect on both countries. In case you haven’t noticed, many of our formerly great manufacturing cities such as Detroit are rotting away while shining new factories and skyscrapers are going up all over China. If you go into any major retail store today and start turning over products, you will find that hundreds of them have been made in China and that very few of them have been made in America. As a nation, we buy far, far more from China than they buy from us. As a result, China is absolutely swimming in cash and they have been looking for things to do with all that money. One thing that China has done is loan the U.S. government over a trillion dollars and this has given the Chinese a tremendous amount of leverage over us. China has also started to buy up businesses, real estate and natural resources all over America. This kind of “economic colonization” is similar to what China has already been doing in Africa, South America and Australia. The formula is actually very simple. We send them our money and then they use it to buy us. With each passing day China’s ownership over America grows, and it is frightening to think about where all of this could end.
The following are 45 signs that China is colonizing America….
#1 It was recently announced that China’s Dalian Wanda Group has bought U.S. movie theater chain AMC Entertainment for a whopping 2.6 billion dollars. This deal represents China’s biggest corporate takeover of a U.S. firm ever.
#2 Earlier this month, the Federal Reserve announced that it has given approval for banks owned by the Chinese government to buy stakes in U.S.-owned banks.
#3 A few days ago Reuters reported that China is now able to completely bypass Wall Street and purchase U.S. debt directly from the U.S. Treasury Department.
Please click here to read the entire article – all 45 signs, at The American Dream website.
#4 A recent investigation by the U.S. Senate Committee on Armed Services found more than one million counterfeit Chinese parts in the Department of Defense supply chain. How in the world could we be so stupid?
#5 After being bailed out by U.S. taxpayers, General Motors is currently involved in 11 joint ventures with companies owned by the Chinese government. The price for entering into many of these “joint ventures” was a transfer of “state of the art technology” from General Motors to the communist Chinese.
#6 A Chinese company known as “Sino-Michigan Properties LLC” has purchased 200 acres of land near the town of Milan, Michigan. The goal is to build a “China City” with artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens.
#7 As I reported on recently, corporations controlled by the Chinese government have been rapidly buying up U.S. oil and gas deposits worth billions of dollars.
#8 Chinese investors have been gobbling up real estate all over New York City. The following is from a recent Forbes article….
According to a recent report in the New York Times, investors from China are “snapping up luxury apartments” and are planning to spend hundreds of millions of dollars on commercial and residential projects like Atlantic Yards in Brooklyn. Chinese companies also have signed major leases at the Empire State Building and at 1 World Trade Center, the report said.
#9 The Chinese are also doing huge real estate deals in cities in the middle part of the country. The following example is from an article in the Toledo Blade….
Dashing Pacific Group Ltd., which has already purchased the nearby Docks restaurant complex for $2.15 million, put its $3.8 million offer to buy the southern 69 acres at the Marina District in East Toledo back on the table for approval by Toledo City Council. Additionally, Dashing Pacific Chairman Yuan Xiaohong, in a letter signed in Hangzhou, said the firm wants a two-year option to buy the decommissioned Toledo Edison power plant property on the site.
#10 According to ABC News, major road and bridge projects all over the United States are being built by Chinese companies. Meanwhile, there are millions upon millions of blue collar American workers that cannot find jobs. The following is a brief excerpt from a recent ABC News article….
In New York there is a $400 million renovation project on the Alexander Hamilton Bridge.
In California, there is a $7.2 billion project to rebuild the Bay Bridge connecting San Francisco and Oakland.
In Alaska, there is a proposal for a $190 million bridge project.
These projects sound like steps in the right direction, but much of the work is going to Chinese government-owned firms.
“When we subsidize jobs in China, we’re not creating any wealth in the United States,” said Scott Paul, executive director for the Alliance for American Manufacturing.
Please click here to read the entire article at the American Dream website.