China

Investigate China’s local economic threat

This weekend U.S. and Asian defense officials met in Singapore to discuss Asian-Pacific military security strategy with China dominating much of the conversation.  China has been increasing its military presence in the region and the U.S. has been adding Marines in Australia and Philippines while planning to send more combat…

The Federsal Reserve bows to big banks today, China tomorrow

Yesterday’s JPMorgan shareholders meeting was “pretty tense”, according to Lisa Lindsley who attended the meeting in Tampa.  Lindsley is the director of capital strategies at the American Federation of State, County and Municipal Employees pension plan.  In a radio interview with me yesterday Lindsley said that it was obvious that…

Cracking down on China’s unfair trade

The argument that “free” trade will create more jobs here in the U.S. stands in stark contrast to the facts.  Since the 2001 trade deal with China we’ve lost 6 million manufacturing jobs here at home. The calls for “fair” trade are growing.  Our manufacturers find it almost impossible to…

Procurement codes need small-business bulldogs

State Senator Jake Knotts of Lexington County, South Carolina, is angry.  Recently a school district in his county gave the contract to build a new school to a big Chinese general contractor that had the low bid.  Senator Knotts shares the outrage of many of his constituents.  While a local…

Multinationals aren’t here to help

“We don’t have an obligation to solve America’s problems.” Remember this quote from an Apple executive as reported by Charles Duhigg and Keith Bradsher.  It appeared in the first of a two part story that will surely win the two New York Times journalists deserved recognition for exposing Apple’s decidedly…

Wake up, America, or lose the trade war

Below are some excerpts from an opinion editorial by former South Carolina U.S. Senator Ernest F. Hollings (1966-2005) that ran in today’s Charleston Post and Courier.  Never one to mince words, Mr. Hollings lays the blame for our economic condition on the “free traders”.  In his opinion, resurrecting our country’s manufacturing is the…