Richard:



Not even China gets all that much benefits out of it. First of all
China doesn't trade with US only. China's overall trade is par or
deficit (China runs trade deficit with a lot of countries.) And the
factory is probably owned by Paslode, yet another concern for China's
economic fragility - large foreign ownership of domestic production.

Time to kick some y'all's benedict arnold homeboy CEO's asses, instead
of scapegoating China.


Richard Johnson PE
Camano Island, WA






The Constitution of the PRC clearly states that all real estate, buildings,
houses, factories, roads, farms (except for some collectives), equipment,
machine tools, and all means of production are the property of the state.
The document is available on the website of the PRC.

In the PRC individuals are permitted ownership only of personal property,
e.g., clothes and furniture.

Foreign owners of businesses may own those legal entities as ideas,
however, the state does not recognize the private ownership of the physical
assets or physical means of production.

The supposed "capitalism" is only a phenomenon that exists in the realm of
personal property and cash. The production assets of firms, that exist only
by permission in the PRC, are all owned by the PRC.

Don't kid yourself. The PRC is a communist state in which the individual
has no rights whatsoever.

It is terribly unfortunate that American business pragmatists have not
dropped their pragmatism and affinity for tyrannical socialism and decided
to do business with free-enterprise firms and countries in the free world.

Ralph Hertle