Additionally, at the end of July, Apple ($76 billion) was sitting on more CASH than the U.S. Treasury ($74 billion). Which means the second largest American company in the world in market value (after Exxon-Mobil) has the financial means to help create new manufacturing jobs in this country.
Why didn't you put Apple's feet to the fire for outsourcing American jobs?
But then again, why should a multi-national corporation pay health insurance, provide its workers with decent wages or adhere to basic environmental standards when the Chinese government is ready, willing and able to undercut the competition. America is getting its butt kicked in the global economy. There's an ARMY of migrant workers (somewhere between 170 to 200 million indentured men, women & children) who work 350 days a year for $150s a month (along with basic room & board). IF a Chinese worker complains about the health & safety in a factory, the CCP's Public Security Bureau offers that worker a FREE, all-expense paid vacation to a lovely re-education camp in Inner Mongolia.
While the Tea Party screams about the Federal Budget Deficit, I wonder why this conservative movement has avoided discussing this country's continued unbalanced trade relationship with the People's Republic of China. It's rather curious that a so-called grass roots movements (bankrolled by the Koch Brothers) advocates Free Trade instead of Fair Trade.
Second, during this Press Conference, you discussed holding the Chinese government accountable for its unfair trade practices and manipulation of its currency.
"I will not stand by while China pursues an economic development policy that relies on the unfair treatment of U.S. companies and the theft of their intellectual property. I have no interest in starting a trade war with China, but I cannot accept our current trade surrender."
You're right. No debate. However, maintaining peace in Asia has reached a critical juncture. You need to understand that the DPRK is a proxy of the CCP and PLA. Period. Also, American corporations, which over the last ten years happily relocated part of this country's industrial-capacity to Asia, share some of the economic blame.
Could you please sit down and have a conversation with Jon Huntsman about how things work in the real world?
One problem the West has with dealing with the People's Republic of China involves how the Chinese people generally view their own society. The country's vast educational system feeds its students a steady diet of historic, foreign victimization (i.e. the Opium Wars).
Unfortunately, its created an US vs. THEM mentality which borders on xenophobic cultural nationalism. It shares some of the same political characteristics of Islamic Fundamentalism without the theologically based underpinnings.
Instead of painting the Chinese people as the enemy, your campaign message should be BUY Made in the USA. How hard can it be to turn a negative message into a positive one? Once again, IF American consumers don't value the country of origin of a product or service, why should a corporation? IF you're elected President, you'll have to confront the Chinese government on Human Rights, state-sponsored cyber-attacks, the South China Sea, Taiwan, Rare Earth Minerals and the DPRK. The best way to keep the CCP off-balanced is to speak about freedom of expression and human rights.
"An army of principles can penetrate where an army of soldiers cannot."
~ Thomas Paine
Prior to 1979, the CCP spent 30 years trying to erase Chinese history & culture. Today, it's a different story. The only way to counter this political, social, economic and cultural linkage is to address the Chinese People and the Communist Party as separate institutions.
A global trade war targeting poor Chinese workers will only feed the Communist Party's vast propaganda machine. Many folks forget that during the Cold War, leaders in this country linked trade with the Soviet Union with the ideals of freedom of expression and a respect for human rights. It's a bit curious that today's crop of leaders don't hold foreign governments (along with American corporations) to ANY political, economic, social or environmental standards of conduct.
China Watch Update :
Taiwanese Officer arrested for spying for the CCP
Power, Trade, and War (Paperback)
Romney Foreign Policy Update:
This blogger actually sat down and watched this candidate's televised speech from the Citadel. Afterwards, I questioned whether this man actually understood the global implications of his remarks. Evidently, I was not alone.
Beijing, PRC (May 2008).
When this blogger originally posted the above commentary about this technology giant, it was to point out that if you're running for President (a.k.a. Mitt Romney), and you're concerned about turning around the economy (which is slowly recovering after the worse economic downturn since the Great Depression), Apple is the WRONG so-called American company (?) to use as a Made in the USA economic model for creating new manufacturing opportunities (i.e. jobs) in this country.
In 2008, this blogger lived in Shenzhen, China for six weeks. The information and analysis contained in the following CBS News report highlighting Apple's manufacturing operations in this Chinese city is both factual and accurate:
The dark side of shiny Apple products
Photos by Peter Rimar.