Our Presidents Missing Spine

In December China issued an ultimatum to the remaining American manufacturing base. At that time China issued new rules to American companies that sell to the Chinese government.

The new rule will require these companies to transfer all of their research, development and patents to China as a condition of selling goods and services there.

Many of the impacted American trade groups joined together and sent a letter to several US government officials in protest.

Here are some excerpts from these letters:

"Of most immediate concern are new rules issued by the Chinese government in November to establish a national catalogue of products to receive significant preferences for government procurement. Among the criteria for eligibility for the catalogue is that the products contain intellectual property that is developed and owned in China and that any associated trademarks are originally registered in China. This represents an unprecedented use of domestic intellectual property as a market-access condition and makes it nearly impossible for the products of American companies to qualify unless they are prepared to establish Chinese brands and transfer their research and development of new products to China.


We respectfully request that your agencies make this issue in particular a strategic priority in your bilateral economic engagement with China; develop, in consultation with the business community and like-minded foreign governments, a strong, fully coordinated response to the Chinese government; and raise this issue with your Chinese counterparts in all appropriate unilateral and bilateral settings and forums." - US Trade groups

In response the White House has taken the following action as reported in the Wall Street Journal.

"In an unusually broad response, U.S. officials from several government agencies have approached the Chinese to relay concern over the proposed rules, according to people familiar with the situation. "We are expressing our serious concerns with all appropriate counterparts in the Chinese government," said Carol Guthrie, a spokeswoman for the U.S. Trade Representative's office."

It never occurred to the Obama administration to respond in kind. With the current trade imbalance favoring the Chinese, that would have gotten their attention.

Instead Obama is expressing his "concern".

Last September Obama got the G-20 members to agree to a Paper Tiger communique protesting Chinese business practices.

All talk with no bite.

It could be that Obama is afraid of getting China angry since they are financing his dangerous deficits. They already dumped some U.S. Treasury Bonds a couple months ago just to let Obama know who is in control.

When they do this, it raises the interest rates the US pays to them for financing our deficits.

With China maintaining a false currency they can keep the exchange rate where it is, and not impact the trade imbalance. It has not wanted to diminish the value of the dollar relative to the yuan because that would raise the prices of Chinese goods to Americans and reduce the prices of U.S. goods to the Chinese.

"There is little chance that China will dump the dollar while America still has lots of industry and research and development left that China wants to steal. If it were to crash the dollar, it would cause investment in the U.S. manufacturing sector to come roaring back, which would wreck its plans. The U.S. should, however, fear the Chinese government's threats to bring about a dollar collapse in the future." - Howard Richman

We are currently losing our blue collar manufacturing base to China. With Obama refusing to impose a trade balance between the two countries as is allowed through the World Trade Organization, we will soon lose our good paying white collar research and development jobs as well.

"We could impose a tariff on Chinese products in proportion to the trade deficit. When the U.S. trade deficit with China goes up, the tariff rate goes up; when the trade deficit goes down, the tariff rate goes down. When trade reaches approximate balance, the tariff disappears. If the Chinese government continues to exclude American products from its markets, it would be excluding Chinese products from American markets." - a/t

China is fighting a trade war with the US, and just like the War on Terror, Obama's lack of a spine does not bode well for us winning.

America's dangerously naive Foreign Policy

Our troops continue to be killed in Afghanistan as Obama dithers on whether to send his generals their requested 40,000 troops or come up with any sort of policy. To show our military that he knows their needs better than they do, he is quietly sending 13,000 more troops. He can not decide on what the final number should be.

The president continues to insist on meeting with Iran without preconditions. Despite the IAEA's warnings that Iran is close to developing nuclear weapons. During the campaign last year Hillary Clinton cautioned against such a stupid move. During the campaign, Obama, himself said a nuclear Iran was not acceptable.

This weekend, N. Korea continued to thumb their nose at Obama as they launched a volley of missiles in a show of defiance.

Chavez has announced a deal to buy Russian missiles to be staioned to our south. When the Soviets tried to put missiles in Cuba, JFK stood them down.

Not Obama. He smiles and apologises.

Hillary is returning from Russia empty-handed, having achieved nothing on her foray to Russia. Obama sent her to meet with Russia's president, and was met with a "nyet" when she brought up sanctions against Iran.

This despite Obama's gesture of abandoning our European allies missile defense shield.

How does our naive president respond to this slap down?

He grants the Russians access to our nuclear sites, knowing that Russia is looking to develop their next generation of nuclear weapons.

Tentative Inspection Program Would Allow Russia to Visit U.S. Nuclear Sites
The plan, which Fox News has learned was agreed to in principle during negotiations, would constitute the most intrusive weapons inspection program the U.S. has ever accepted.
Russia and the United States have tentatively agreed to a weapons inspection program that would allow Russians to visit nuclear sites in America to count missiles and warheads.

http://www.bloomberg.com/apps/news?pid=20601085&sid=asbOYPkD.ZH0

What did Obama get in return for compromising our security? Nothing!

Obama not satisfied whith the speed to which he can let our former & current adversaries access to our miltary, has also invited the Chinese into the Pentagon. He forgot how many military secrets the Chinese stole when Clinton allowed them acccess to Los Alamos, NM, nuclear facilities. So he is doomed to repeat the same naive history.

What is he getting from the Chinese for compromising our national defense? Nothing.

China's second-ranking military officer will travel to Washington later this month on a week-long visit designed to promote trust and avoid "misunderstandings," the Pentagon said Wednesday.
General Xu Caihou, vice chairman of the People's Liberation Army central military commission, will hold high-level meetings from October 24-31 and visit military commands and bases across the United States, press secretary Geoff Morrell told a news conference.

http://www.breitbart.com/article.php?id=CNG.b2e1961b55d6773018513c4bd51816bb.581&show_article=1

I hope the US can survive a reckless presidency until he gets booted to the curb in 2012.