NewburyportNews.com, Newburyport, MA

Opinion

July 24, 2013

US doing its best to help China dominate on world stage

In the election of 2012, Americans went to the polls and re-elected 90 percent of the incumbents into office. We have to be the dumbest people in the world. We put back into office elected officials who have created the financial, economic, social and moral problems the nation faces and now we expect these same failures to solve those problems. What were you thinking?

We re-elected a president to a second term who believes high-speed rail in Florida and California is needed to be competitive with China. If you believe that, I want to sell you the secret formula I have that transforms lead into gold.

Our president is now going to put a larger American presence in the Far East and the Pacific due to the rise of China’s power. He’s going to do this while he cuts the Pentagon budget by $1.5 trillion over the next 10 years. This president’s policy is leading down the road to mutual mass destruction.

China is being called our largest and biggest problem, a competitor for the leadership of the world. Guess what, America? You are building China. We purchase daily all those goods and products made in China and those American dollars build their nation. We borrow trillions from China and the interest we pay builds the nation we now deem an opponent on the world stage.

Yes, China has to be reckoned with. Last year China sent 83 million travelers into the world who spent $102 billion on the world stage. Its consumers rank as the No. 1 buyers of luxury products on the world stage. China’s banks hold the most foreign exchange reserves in the world.

While we continue to argue about the XL pipeline from Canada, China has become the largest investor in Canada’s oil and gas industry and exploration. How does that happen?

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