Ralph Hertle wrote:
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.

Could you cite the source?

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

Care to explain to us how it works in Hawaii?

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.

Have you actually been to China? My guess is you haven't.

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