[ Related: Why
Is The Obama Administration Allowing The Chinese Government To Buy Up U.S. Oil
And Gas Deposits Worth Billions Of Dollars?
http://albertpeia.com/chinabuyingamerican.htm
]
‘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.
#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.
#11 The new World Trade Center
tower is going to include glass that has been imported from China.
#12 The new Martin Luther King memorial on the National Mall was made in China.
#13 Check out this incredible photo which
contrasts the decline of Detroit over the years
with the amazing rise of Shanghai,
China.
#14 A couple
of years ago, a large Chinese company was considering building "a
10,000- to 30,000-acre technology zone for industry, retail centers and homes"
just south of Boise, Idaho.
#15 Our trade deficit with China in 2011 was $295.5 billion. That was the
largest trade deficit that one country has had with another country in the history
of the planet.
#16 In 2011,
our trade deficit with China was 28 times larger than it was back in 1990 and more
than 49,000 times larger than it was
back in 1985.
#17 Back in 1998, the United
States had 25 percent of the world’s high-tech export
market and China
had just 10 percent. Today, China's
high-tech exports are more than twice the
size of U.S.
high-tech exports.
#18 America has
lost more than a quarter of all of
its high-tech manufacturing jobs over the past ten years.
#19 According
to the Economic Policy Institute, America
is losing half a million jobs to China every
single year.
#20 The U.S.
spends about 4 dollars on goods and
services from China for every one dollar that China spends on goods and
services from the United States. Does that sound like "fair
trade" to you?
#21 While we allow Chinese goods to freely flood our shores, China
just keeps slapping new tariffs on American-made goods. According to the New York Times, a Jeep Grand
Cherokee that costs $27,490 in the United States
costs about $85,000 in China
thanks to all the tariffs.
#22 According
to U.S. Representative Betty Sutton, an average of 23 manufacturing
facilities a day closed down in the United States during 2010.
#23 The United
States has lost an average of approximately 50,000 manufacturing jobs
a month and more than 56,000 manufacturing
facilities in the United States have been shut down since China joined the
World Trade Organization in 2001.
#24 The United States
has lost a staggering 32
percent of its manufacturing jobs since the year 2000.
#25 Between December 2000 and December 2010
, 38
percent of the manufacturing jobs in Ohio were
lost, 42 percent of the manufacturing jobs in North
Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost.
#26 In
2010, China produced more than twice as many automobiles as the United States did.
#27 In 2010, China produced 627 million metric tons of steel. The United States only
produced 80 million metric tons of steel.
#28 In
2010, China produced 7.3 million metric tons of cotton. The United States only
produced 3.4 million metric tons of cotton.
#29 Today, China produces nearly twice as much beer as the United States does.
#30 85
percent of all artificial Christmas trees are made in China.
#31 China is
now the number one producer of wind and solar power on the entire globe.
#32 Chinese
solar panel production was about 50 times larger in 2010 than it was in 2005.
#33 Right
now, China is producing more than three times as much coal as the United States does.
#34 China is now the number one supplier of components that are critical to the operation
of U.S. defense systems.
#35 According to author Clyde Prestowitz, China's number one export to the U.S. is computer equipment. According to an article in U.S. News & World
Report, during 2010 the number one U.S. export to China was "scrap and trash".
#36
According to Professor Alan Blinder of Princeton University, 40 million more U.S. jobs could be sent offshore over the next two
decades.
#37 The United States had been the leading consumer of energy
on the globe for about 100 years, but during the summer of 2010 China took over the number one spot.
#38 15 years ago, China was 14th
in the world in published scientific research articles. But now, China is
expected to pass the United States and become number one very shortly.
#39 China
now awards more doctoral degrees in engineering each year than the United States does.
#40 China now possesses the fastest supercomputer on the entire planet.
#41 China
now has the world's fastest train and the world's most extensive high-speed rail network.
#42 The
Chinese economy has grown 7 times faster than the U.S. economy has over the past decade.
#43 The Chinese economy is
projected to be larger than the U.S. economy by 2016.
#44 One economist is projecting
that the Chinese economy will be three times larger than the U.S. economy by the year 2040.
#45 China
now holds approximately 1.17 trillion dollars of U.S. government debt. If you were alive back
when Jesus was born and you had spent a million dollars every single day since
then, you still would not have spent that much money by now.
In compiling the statistics above, I
relied heavily on two articles that I previously authored. You can find
them here and here.
Please
share this list with as many people as you can. It is imperative that the
American people get educated about why our economy is falling apart and
about why there are so few jobs.
Thanks to the foolishness of our politicians, today
American workers have to compete directly for jobs with workers on the other
side of the globe where it is legal to pay slave labor wages.
Do you want your standard of living to continue to
descend toward the level of a communist worker making about a dollar an hour?
Do you want tens of millions of American workers to
be unemployed indefinitely as millions of good jobs continue to leave this
country?
If not, you better stand up and say something while
you still can.
The greatest economy the world has ever seen is falling
to pieces right in front of our eyes and most Americans are dead asleep.
Is there any hope for us?
