America's Future Update on China

Update on China, the Champion of Fakes

China has sold Americans a dazzling array of counterfeits and forgeries, including copyrighted books and music, expensive fashion apparel, and prescription drugs with ingredients that kill. China's latest venture into fakery is fake alcoholic beverages.

The counterfeiters collect empty bottles of genuine alcohol, refill them with a cheap substitute from who knows where, and then resell this counterfeit alcohol to popular bars and restaurants in Beijing. The police discovered 37,000 bottles of this fake alcohol ready to be delivered.

China's fake alcohol is generally made from one of three bases: ethylene glycol (antifreeze), which attacks the kidneys and heart and is potentially fatal; methanol, which attacks the retinal nerve and can result in blindness; and isopropyl (rubbing alcohol).

The China Bee Products Asso­ciation claims that half of all honey sold in China is fake. The fi­nal Harry Potter book was available in Chinese book­stores before it was released by the publisher. Beijing shops sell fake Gucci. One reporter saw a gift shop selling a suitcase full of fake U.S. hundred-dollar bills.  National Review Online, 4-12-13

Update on Obama's Favors to China and to Cronies

The Obama Administration de­cided to allow China to take over strategic drilling interests in the Gulf of Mexico. This deal puts Chi­na in control of valuable drilling interests in the Gulf of Mexico and, according to a pending Freedom of Information Act lawsuit filed by Judi­cial Watch a g a i n s t the U.S. Treasury Depa r t ­ment, this will put "cash in the pockets of Obama campaign donors and bundlers." This issue involves the acquisition by the Chinese gov­ernment-owned Chinese National Offshore Oil Corp. (CNOOC) of the Canada-based Nexen Inc. The Canadian company holds the rights to drilling in the Gulf of Mexico.

Tom Fitton, Judicial Watch president, said: "With one ill-cho­sen action, the Obama Administra­tion has managed to undermine our strategic interests and reward its corporate cronies. It's little wonder that the Treasury De­partment is defying open records law to stonewall accountability. Americans may want to compare and contrast the quick approval of this Chinese strategic initiative with the scandalous delay of the related Keystone XL oil pipeline project."  wnd.com, 5-11-13

Update on China replacing the U.S. as Car Makers

Government Motors, formerly known as General Motors (GM), has announced that it will build a $1.3 billion factory to manufacture Cadil­lacs in Communist China. Of course, the U.S. corporation had to get per­mission from Chinese Communist authorities to build its factory and had to make it a joint venture with a Chinese company.

Last month, GM announced that its Chinese joint ventures would invest $11 billion by 2016 to expand their combined production capacity by 30% to 5 million vehicles a year. Chinese joint ventures would invest $11 billion by 2016 to expand their combined production capacity by 30% to 5 million vehicles a year.

A Wall Street Journal op-ed, headlined "Welcome to General Tso's Motors," criticized GM for investing $11 billion in China despite getting bailed out by the U.S. taxpayers in 2009.  Wall Street Journal, 5-7-13

Bernhard Koehler, COO and co-founder of Fisker Automotive, admit­ted that zero electric cars have been made by his company despite receiving nearly $200 million of U.S. taxpayers' money from Obama's Department of Energy. Reports leaked out in June 2010 that Fisker was failing to meet its goals, but the Obama Administra­tion did not suspend the loan for an­other year. White House spokesman Jay Carney stoutly maintained that the Obama Administration's invest­ments in alternative energy were "positive and necessary."  Washington Free Beacon, 4-24-13