Sunday, June 26, 2011
US's Turn To Kowtow To Their Chinese Overlords
From an article by Michael Snyder in Black Listed News (http://alturl.com/dbkf8)
"In 2011, America is for sale and the communist Chinese are eager buyers. The Chinese government is using sovereign wealth funds and Chinese state-owned enterprises to buy up economic assets and huge tracts of land all over the United States". This is a phenomenon that is happening all across the United States, the most recent instance being in Texas: State-owned Chinese energy giant CNOOC is buying a multibillion-dollar stake in 600,000 acres of South Texas oil and gas fields, potentially testing the political waters for further expansion into U.S. energy reserves.
From the Cannonfire blog (http://cannonfire.blogspot.com/2011/06/china-says-buy-american.html):
"The Chinese want to build a city -- a big city, nearly 50 square miles in size, near the Boise, Idaho airport. It gets worse: The Chinese will be allowed to import labor to work in the businesses in that city. Yep, they've finally figured out a way to "outsource" domestic retail jobs!
So how do you promote "Inward Foreign Direct Investment"?
Well, you do things like offer massive tax breaks to Chinese state-owned companies and you actively encourage immigration from China.
The following is a quote from an article on the New American website and it explains how a visa program known as EB-5 would help facilitate Project 60....
Specifically, “The U.S. Citizenship and Immigration Service administers an immigrant investor visa program called EB-5. The program grants foreigners permanent U.S. residency in exchange for helping create U.S. jobs.” This prong will facilitate the immigration of Chinese nationals into the United States for the purpose of establishing a Chinese industrial beachhead in Idaho, under the guise of creating U.S. jobs.
In fact, the state of Idaho is actually touting the EB-5 program on their website that promotes Project 60.
Yes, Chinese state-owned companies would probably hire a small number of Idaho citizens. But as I have written about previously, the idea would be for "special economic zones" to be set up inside the United States that would be very similar to the "special economic zones" inside China.
We are being colonized. One can only hope that our Chinese overlords will allow us to build railroads and run laundries".