Can TV Teach People a Sense of Humor?
As opposed to sending foreign aid to countries that only resent our money or have corrupt foreign politicians and diplomats who take their "vig," we need to invest in the people and economies of those aligned countries that need financial investment, not charity. Teach them to fish, as the saying goes.
What should consumers do? Cut back on purchases from Wal-Mart. There are many other retailers who have comparable pricing, good customer service and source their products from countries other than China.
What should big-box retailers do? It is not necessary to eliminate China as a supplier. However, for the sake of this country and the world economy, big-box retailers should seek countries other than China to supply their products and merchandise. Again, spread the wealth. Let your customers know that you support America, countries that are aligned with America and, where practical, products from American manufacturers.
What should our politicians do? Change our foreign-aid policies to ones that support countries that have interests aligned with ours. Evict the United Nations from our country. Send the UN to France, Germany, Saudi Arabia, Bosnia or any other country that wants a leader like Kofi Annan and his son, Kojo.
What should U.S. diplomats do? Move to China and get a day job in a production facility to learn how it feels to work in an oppressive society.
Denny, keep up the great, thought-provoking work!
1421, The Year China Discovered America
China's America Problem
Soaring high-tech and other imports from China, sharply higher oil prices drive trade deficit to new record
--Fred Lederman, with Tourbillon Ventures LLC
I think today's newsletter might be better titled "Denny Hatch's Fearful Imagination Runs Wild" rather than "Business Common Sense."
I agree with you that doing business with China presents some serious moral issues but I think (hope?) that in the long run opening China up to the West will result in internal pressure on their government to adapt more democratic policies than it would if we had an economic embargo against it. Personally, I think that North Korea is more of a concern for that very reason. Obviously you disagree. But the scenario you play out of Chinese men becoming so dissatisfied with their lives because there aren't enough women around that the government sends them to war against us, which they win, is just bizarre in my opinion.
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