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A Chinese group known as "Sino-Michigan Properties LLC" has bought up 200 acres of land near the town of Milan, Michigan. Their plan is to construct a "China City" with artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens. Essentially, it would be a little slice of communist China dropped right into the heartland of America. This "China City" would be located about 40 minutes from both Detroit and Toledo, and it would be marketed to Chinese business people that want to start businesses in the United States. Unfortunately, this is not just an isolated incident. In fact, Chinese companies have been buying up land and businesses all over the country in recent years. There has even been talk of establishing "special economic zones" inside the United States modeled after the Chinese city of Shenzhen. It was inevitable that the Chinese were going to do something with the trillions of dollars that they have made flooding our shores with cheap products. Now they are rapidly buying up pieces of America, and many of our politicians are welcoming them with open arms. (Read More.....)
Barack Obama wants to disarm America. There simply is no other way to explain his reckless behavior. On Tuesday it came out that the Obama administration is considering plans to unilaterally slash the size of the U.S. nuclear arsenal by up to 80 percent. From a military standpoint, this is utter insanity. Early in his presidency, Barack Obama signed a treaty with Russia that restricts both nations to a maximum of 1,550 deployed strategic nuclear warheads. But now Obama wants to cut the size of the U.S. arsenal down to as low as 300, without requiring the Russians to do anything. In addition, we don't even have a treaty with the Chinese, and we have no idea how many deployed nuclear warheads they have. For all we know, it could be in the thousands. Unfortunately, very few people are speaking up about this. Most Americans just assume that we have such a massive nuclear arsenal that nobody would ever dare to mess with us. Well, that was true back in the 1980s, but that is not true today. If Barack Obama does unilaterally slash the size of the U.S. nuclear arsenal by 80 percent, that would make another world war much more likely. If we are sitting there with far fewer nukes than Russia and China have, they will not fear us nearly as much. (Read More.....)
Is 2012 the year when we will see a major war in the Middle East? For years we have heard about rising tensions in the Middle East, and for years we have heard politicians express concerns about Iran's nuclear program, but now things really do seem to be reaching a boiling point. In just the past few days, the U.S. government has imposed tough new sanctions on Iran and has totally shut down the U.S. embassy in Syria. The truth is that we are getting dangerously close to a major war in the Middle East. So will Israel strike Iran at some point in the next few months? Will the U.S. military intervene in the rapidly escalating conflict inside of Syria? If a major war does erupt, it could send the price of oil skyrocketing and there is the potential that the war could broaden very quickly. Hezbollah has already indicated that it will side with Syria, and there is always the potential that Hamas could as well. Russia and China have both stated that they are completely opposed to military action by the United States against Iran and Syria, and they have even hinted that they would possibly even help defend those countries. As the nations of the world take sides, there is even the potential that we could see World War III develop. Let us hope that it never comes to that, but with the world as unstable as it is right now, you never know what may happen. (Read More.....)
Are we on the verge of another Great Depression? Christian Lagarde, the head of the IMF, said this week that if dramatic action is not taken immediately we could actually see conditions "reminiscent of the 1930s depression" and that no country on earth "will be immune to the crisis". Right now, financial panic is sweeping across Europe, but most Americans are not too concerned about it because they simply don't understand how important the EU is. The truth is that the EU has a much larger population than the United States does. The EU has an economy that is nearly as large as the economies of the United States and China combined. The EU has more Fortune 500 companies that the United States does, and the banking system of Europe is substantially larger than the banking system of the United States. Anyone out there that believes that a massive financial collapse in Europe would not dramatically affect the rest of the globe is being delusional. The European debt crisis is one of the biggest stories that we have seen in a long, long time and the coming financial meltdown is going to permanently change the global economy. (Read More.....)
If you were playing a game against a dishonest opponent and you allowed that opponent to lie, cheat and steal as much as they wanted to, who do you think would win? Today, China is absolutely crushing the United States on the global economic stage, but they are hardly playing fair. They shower their own firms with huge government subsidies, they brazenly steal technology, they publicly violate intellectual property rights, they manipulate currency rates so that foreign firms cannot compete with Chinese prices and they slap ridiculously high tariffs on many classes of foreign goods. In short, they basically do everything that they can get away with to give themselves a trade advantage. This predatory behavior has caused an enormous transfer of wealth from the United States to China. It isn't as if it is just some sort of an "accident" that we now owe China about a trillion dollars. The truth is that China just keeps slapping America in the face and America just keeps taking it. We are like an abused spouse that just keeps coming back for more. It is disgraceful and it needs to stop. (Read More.....)
If you believe that the United States is the "sole superpower" in the world, then you really need to read the rest of this article. Most Americans have very little idea what is actually going on in the rest of the world and how the global balance of power is shifting. For example, can you name the country that is the number one oil producer in the world, the number one oil exporter in the world, the number one exporter of natural gas in the world and that also has the second most powerful military in the entire world? In case you need a hint, it is not Saudi Arabia, it is not China and it is not the United States. The correct answer is Russia. The Russian Bear is back in a big way. Did you know that Russia is rapidly becoming one of the top suppliers of oil to the United States? Russia has vast natural resources, a national debt that is very low (ratio of publicly held debt to GDP is less than 10%) and an economy that has boomed over the past decade. Russia is busy flexing its muscles in many different ways. For example, many are pointing out that the "Eurasian economic union" that Russia is putting together is a significant move in the direction of a revival of the Soviet Union. Russia is also rapidly modernizing its military and developing very powerful new weapons systems. Most Americans believe that the Cold War is over and that Russia is a toothless bear that no longer represents a threat. It is difficult to find words to describe how wrong that assessment of the situation is. (Read More.....)
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A Chinese Group Plans To Construct A 200 Acre "China City" In Michigan