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U.S. funds China's military expansion |
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Written by Stumo
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Friday, 26 June 2009 |
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We buy Chinese goods, tank our economy, borrow more to pay for our consumption, deliver the money to China, and they build an economic and military powerhouse. The military side is quiet in the mainstream press.
India, however, is noticing how their northeastern neighbor threatens.
But what riles India most is China's incursion into its backyard and the belief China is surrounding the subcontinent with its "string of pearls" -- Chinese "investments" in naval bases, commercial ports and listening posts along the southern coast of Asia. There are port facilities in Bangladesh and radar and refueling stations in Burma. Thailand, Cambodia and Pakistan now all host Chinese "projects;" China's crown jewel is the Pakistani deepwater port of Gwadar.
Our trade deficit cripples our economy, and finances China's global rise militarily. This is a major national security issue.
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In the news
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Brian O'Shaughnessy is CPA's Chief Co-Chair and Manufacturing Co-Chair. We also have a Labor Co-Chair, Bob Baugh, and Agriculture Co-Chair, Joe Logan.
Brian, Chairman of Revere Copper Products, presented at the R-CALF USA annual convention on Friday, January 22, 2010. His presentation involved a discussion of how America became strong through making and growing things here, his history in mining and ranching, the strategic importance of continuing that course, and how we all need to work together to fix America's trade and economic problems.
The video presentation is available here. |
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