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Started By
Message
I just listened to Mark Levin's Friday podcast and I'm shocked at his position on trade.
Posted on 4/9/18 at 8:43 am
Posted on 4/9/18 at 8:43 am
Mark Levin is an ardent free trader. However this time concerning China he actually did some research and communicated a much better understanding of the geopolitical war we are currently in with China. Previous administrations have ignored this war. Why? Because it's not a hot war and usually there is short term gain that mask longer term dire national security and economic consequences.
Levin provided multiple examples how China has stolen our IP and usually it's used to bolster their military. For example he talked about how they stole our designs for our F14 fighters and missile defense systems and many more examples.
Over at the Last Refuge, the often derided Sundance by some PT posters here has been harping on this issue for a long time. Here is a Boeing example during the 2016 GOP primary debate between Trump and Jeb:
LINK
And here is a recent example only 3 weeks old of Senator Maria Cantwell from Washington State, home of Boeing Corp. scoffing at the idea of China achieving the goal of dominating aerospace by 2025:
Levin didn't point out the Boeing example however I'm pointing it out here because the IP theft of Boeing technology is playing out right before your very eyes. And for what? Short term bump in stock price to make Wall Street happy. If this plays out like the Chinese plan Boeing will not be able to compete with Comac after 2025 and Boeing will be on a steep decline. These are dire consequences for national security.
I'm posting this info about Levin because he has a audience of over 5 million listeners and finally he is starting to see the light concerning China. President Trump's actions against China are not necessarily about trade but trade is and will be used as a defense tool against Chinese aggression to exfiltrate and steal U.S. business IP and national security secrets. The media and Wall Street are tonally focused on trade. They are very short sighted.
If you are interested in an informed assessment of Trump's approach to China listen to Gordan Chang here. It's a short 5-6 minute interview. He says the next competitive front with China is preventing them from stealing our technological advancements in quantum computing and AI.
Gordon Chang: China trade war has been happening for decades.
Levin provided multiple examples how China has stolen our IP and usually it's used to bolster their military. For example he talked about how they stole our designs for our F14 fighters and missile defense systems and many more examples.
Over at the Last Refuge, the often derided Sundance by some PT posters here has been harping on this issue for a long time. Here is a Boeing example during the 2016 GOP primary debate between Trump and Jeb:
quote:
The exchange between Donald Trump and Jeb Bush regarding China and trade economics was actually the most revealing.
Donald Trump pointed out because of the size of our market we have tremendous leverage on China; leverage we have failed to use for the past three decades.
quote:
Donald Trump, responding to Jeb’s Boeing example, pointed out China is forcing Boeing to open a manufacturing plant in China. As typical from a candidate who is unfamiliar and unbriefed on the issue Jeb looked back incredulously and said:
“C’mon man”…
There you have it. There’s the disconnect. Almost everyone missed it. There, in that exact moment, is the spotlight upon all that is wrong with a professional political class; globalists dependent on Wall Street for their talking points.
Trump was 100% correct.
quote:
China is refusing to trade with Boeing if the company does not move. Why? It’s not about putting Chinese people to work, it’s about China importing their research and development, Boeing’s production secrets, into their country so they can learn, steal and begin to manufacture their own airliners.
This is just how China works. In time, Comac, a state-owned, Shanghai-based aerospace company will then use the production secrets they have stolen, produce their own airliners, kick out Boeing, undercut the market, and sell cheaper manufactured airplanes to the global economy.
LINK
And here is a recent example only 3 weeks old of Senator Maria Cantwell from Washington State, home of Boeing Corp. scoffing at the idea of China achieving the goal of dominating aerospace by 2025:
quote:
The leading aerospace company already acquiesced to Chinese demands within a manufacturing/trade agreement for production in China requiring Boeing to give-up their technology. In this video, Cantwell is playing the role of Jeb Bush. First, WATCH: LINK
Levin didn't point out the Boeing example however I'm pointing it out here because the IP theft of Boeing technology is playing out right before your very eyes. And for what? Short term bump in stock price to make Wall Street happy. If this plays out like the Chinese plan Boeing will not be able to compete with Comac after 2025 and Boeing will be on a steep decline. These are dire consequences for national security.
I'm posting this info about Levin because he has a audience of over 5 million listeners and finally he is starting to see the light concerning China. President Trump's actions against China are not necessarily about trade but trade is and will be used as a defense tool against Chinese aggression to exfiltrate and steal U.S. business IP and national security secrets. The media and Wall Street are tonally focused on trade. They are very short sighted.
If you are interested in an informed assessment of Trump's approach to China listen to Gordan Chang here. It's a short 5-6 minute interview. He says the next competitive front with China is preventing them from stealing our technological advancements in quantum computing and AI.
Gordon Chang: China trade war has been happening for decades.
This post was edited on 4/9/18 at 8:45 am
8
Posted on 4/9/18 at 8:52 am to GumboPot
I listened to that show as well and was pretty surprised at his take given that I have listened to his show regularly for years. It sort of came out of nowhere. I will say that he has mentioned the problem with allowing the Chinese to have our technology in the past, but this is the first time he connected it to Trump's policies.
Posted on 4/9/18 at 8:53 am to GumboPot
Nobody made Boeing do anything
Boeing chose to do what they wanted because it was good for Boeing
I'll never understand "nationalists" being mad about China looking out for China
Tariff the shite out of them, and they'll still keep looking out for China
Calling out for "fairness" is what weak entities do. It's embarrassing.
Boeing chose to do what they wanted because it was good for Boeing
I'll never understand "nationalists" being mad about China looking out for China
Tariff the shite out of them, and they'll still keep looking out for China
Calling out for "fairness" is what weak entities do. It's embarrassing.
Posted on 4/9/18 at 8:56 am to GumboPot
a multilateral trade agreement including all their neighbors with particularly strong IP protection would have been the ideal long-term move, if we were really concerned about this
OTOH, reaching reaching reaching for any possible rationalization for unilateral tariffs, in a situation where our semiliterate manchild-in-chief simply makes uninformed and escalating off-the-cuff threats, is the ideal move really only if you want to pander to people who want to believe china or nafta is the source of their problems
OTOH, reaching reaching reaching for any possible rationalization for unilateral tariffs, in a situation where our semiliterate manchild-in-chief simply makes uninformed and escalating off-the-cuff threats, is the ideal move really only if you want to pander to people who want to believe china or nafta is the source of their problems
Posted on 4/9/18 at 8:59 am to GumboPot
quote:
And for what? Short term bump in stock price to make Wall Street happy.
This is what you call can’t see beyond the end of your nose. It is also a perfect example of the avarice of the globalists. They are so obsessed with ballooning portfolios they can’t see the eventual demise of said portfolios. It is the same reason they are willing to accept “free trade”. They’re happy just to get access to some large markets we couldn’t gain before. Forget that in the case of China free trade is a farce. These are the same people more than willing to share the wealth of the American middle and lower classes with the rest of the world as long as the rich get richer. All the while insulting those classes as ignorant for not supporting the very system crushing the life out of them. Again, shortsighted. “When the people shall have nothing more to eat, they will eat the rich.”
Posted on 4/9/18 at 9:02 am to JuiceTerry
quote:
Nobody made Boeing do anything
Boeing chose to do what they wanted because it was good for Boeing
It's good for the executives. They receive a nice stock price bump. Their options increase in value. It's a good five or so year plan. Then they are out. Retired millionaires.
Then Boeing is kicked out of China competing with Comac who as stolen Boeing technology. Boeing steadily declines and we, the U.S. have a weakened national defense contractor who could be on the verge of bankruptcy all because 5-8 years ago a few executives wanted to cash out their options at a nice high price.
You really can't see the long term implications?
If China want's to compete fairly, just allow Boeing to sell their planes in China. There is no need for Boeing to build a manufacturing plant in China just to have their ideas stolen.
This post was edited on 4/9/18 at 9:05 am
Posted on 4/9/18 at 9:10 am to GumboPot
quote:
If China want's to compete fairly, just allow Boeing to sell their planes in China. There is no need for Boeing to build a manufacturing plant in China just to have their ideas stolen.
multilateral trade deals
with a third party adjudication and enforcement mechanism
plus pressure from all their neighbors and other trade partners
what a great way this would be to fix this "dire national security" problem and others for the long haul, all at the same time, with far less risk of actual trade wars in the meantime
you seem to prefer a much riskier, far less efficient option for no apparent reason other than foot-stomping and bluster
This post was edited on 4/9/18 at 9:11 am
Posted on 4/9/18 at 9:14 am to 90proofprofessional
quote:
OTOH, reaching reaching reaching for any possible rationalization for unilateral tariffs, in a situation where our semiliterate manchild-in-chief simply makes uninformed and escalating off-the-cuff threats, is the ideal move really only if you want to pander to people who want to believe china or nafta is the source of their problems
I'm sorry your Habor Freight tools might increase in price by 10¢.
Posted on 4/9/18 at 9:18 am to 90proofprofessional
quote:
multilateral trade deals
However it always seems that "developing nations" get all kinds of exemptions in these deals. And the WTO classifies China as a developing nation which is a joke.
And an alternative to multilateral trade deals is unilateral trade deals with reciprocity. What is China afraid of?
Posted on 4/9/18 at 9:19 am to GumboPot
quote:
ng to the following post: Message I just listened to Mark Levin's Friday podcast and I'm shocked at his position on trade. by GumboPot
Hell, even Rush is on board with bringing China back to the trade negotiation table.
I wish I had a complete archive of Rush’s radio show from the 90’s when he was always advocating for US corporations to go over seas and to Mexico to crush the overbearing unions, now he’s changed the lyrics to his tune to fit the Trump agenda, it’s cool though, I still like me some Rush.
Posted on 4/9/18 at 9:20 am to GumboPot
quote:
And the WTO classifies China as a developing nation which is a joke.
Is it? I mean y'all love to talk about how poor they are and how they love to work for slave wages, so I feel like you're trying to have it both ways with this argument.
Maybe we can make a case to WTO about that though.
Posted on 4/9/18 at 9:28 am to GumboPot
Thank you, someone gets it.
Posted on 4/9/18 at 9:35 am to JuiceTerry
As I was reading the OP, I wondered how long it would be before you showed up with your "so what" attitude. You're a damn fool and you prove it every time you post in this subject.
Posted on 4/9/18 at 9:36 am to Bass Tiger
on the NAFTA debate, Limbaugh would refuse to accept paid advertising that was anti-Nafta.
Posted on 4/9/18 at 9:40 am to 90proofprofessional
quote:
multilateral trade agreement including all their neighbors with particularly strong IP protection would have been the ideal long-term move, if we were really concerned about this
The way to combat an opponent who doesn't care about breaking the rules is to make sure there are more rules.
Posted on 4/9/18 at 9:41 am to 90proofprofessional
quote:
Is it? I mean y'all love to talk about how poor they are and how they love to work for slave wages, so I feel like you're trying to have it both ways with this argument
Why are the two mutually exclusive, because you have a class system that marginalizes the poor you're not developed?
Posted on 4/9/18 at 9:49 am to Turbeauxdog
quote:
The way to combat an opponent who doesn't care about breaking the rules is to make sure there are more rules.
They've tended to comply when WTO rules against them, which it does often.
Posted on 4/9/18 at 9:51 am to Turbeauxdog
quote:
Why are the two mutually exclusive
Earnings per cap is just the most common benchmark for developing nations, but otherwise good point
quote:
a class system that marginalizes the poor
Righteous progressive rhetoric btw
Posted on 4/9/18 at 10:22 am to 90proofprofessional
quote:
Righteous progressive rhetoric btw
I honestly shivered as I typed. Literally shaking
Posted on 4/9/18 at 10:32 am to GumboPot
None of this is new news. Most intelligent political observers have known about this for years. Bill Clinton is the one who really set all of this in motion and released restrictions on allowing our intellectual property to leave the country and go straight to China ... and when he did we all knew this was coming.
For years prior to Clinton, dating back to even the Carter Administration, China had been stealing whatever they could get their hands on, making knock-offs, and selling counterfeit goods on the black market.
From I'd say at least around 1976 or so, and well into the 80s, China flooded markets with counterfeit records and later CDs. They flooded the market with counterfeit Ralph Lauren apparel, counterfeit jeans, shirts and jackets by the boatloads. Counterfeit watches. Counterfeit colognes. If they could buy it on the open market and reproduce a cheap knockoff they would do it.
Back in the 70s I remember the joke being that the only thing they really cared about looking really genuine and having any semblance of quality to it at all ... was the tag or the label. The packaging basically.
So all of this has been a problem and been coming for a long time.
It's way past due. Trump is absolutely doing the right thing.
For years prior to Clinton, dating back to even the Carter Administration, China had been stealing whatever they could get their hands on, making knock-offs, and selling counterfeit goods on the black market.
From I'd say at least around 1976 or so, and well into the 80s, China flooded markets with counterfeit records and later CDs. They flooded the market with counterfeit Ralph Lauren apparel, counterfeit jeans, shirts and jackets by the boatloads. Counterfeit watches. Counterfeit colognes. If they could buy it on the open market and reproduce a cheap knockoff they would do it.
Back in the 70s I remember the joke being that the only thing they really cared about looking really genuine and having any semblance of quality to it at all ... was the tag or the label. The packaging basically.
So all of this has been a problem and been coming for a long time.
It's way past due. Trump is absolutely doing the right thing.
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