Getting Sold to China
I have some questions about Idaho's Project 60. It is supposed to bring jobs to Idaho by taking advantage of a Federal program that grants permanent residency to foreign nationals. It apparently comes with special tax exemptions for the foreign firms. With China recently looking to reduce its exposure to US debt, it looks like a great way for them to instead buy our country right out from under us.
In order for China to maintain its trade deficit, it has to do something with the excess dollars since it is not willing to let its currency strengthen until it is buying from us just as much as it is selling to us. If it won't let its currency strengthen, and it is no longer interested in our IOUs, what is left is to come over here and buy our land and capital assets. And this is what Idaho's Project 60 facilitates. It is a project that our own government streamlines with a federal visa program that grants permanent US residency. Top Idaho officials have been traveling to China selling Idaho as a resource rich plum ready for the plucking. It looks to me like our own government makes it virtually impossible for legitimate citizens to do business with its prohibitive regulatory and tax environment, while it drops its skirt for foreign exploitation and ownership of our resources.
Please read the article. Chinese govt. owned contractor building the fertilizer plant in SE Idaho? This is how we will"reinvigorate” our"American industrial base” according to those promoting this? We are giving China hassle free landing rights into Idaho's major airport? Isn't this airport used by our own Idaho Air National Guard? And isn't it just a few mile away from the Mountain Home Air Force Base? The Bible says that the borrower is the lender's slave and are we getting sold on this one.
www.idahostatesman.com/2010/12/31/1472023/chinese-....html
American industrial base,
http://chum.ly/n/5a072e
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