Foreign Trade Policy Lacks Common Sense.

Chinese companies are much smarter than our government is. Why? Because Washington allows them to go public on an American stock exchange and raise hundreds of millions of dollars from American tax payers. After that, they take the cash back to China and use those American dollars to create jobs for Chinese. As a buyer of these public equities, I have to say I am seduced by China’s success in these fund raising ventures,and my actions are never discouraged by the administration’s indisputable lack of common sense in foreign policies. I ask myself, what does Hillary do on these state department trips?

Eventually, these Chinese companies export the technology back to the USA and take more cash back to China to create more jobs in China. In contrast, American companies are not even allowed to be majority owners of a company in China. Fair Trade? Hardly! It’s a shake-down where China is the shaker and America is the shakee.

Another example of a lack of common sense in foreign policy is the Air Force consideration of a European consortium for a mega-billion dollar air-tanker contract. Simplistic as it might seem, the Air Force should give the contract to Boeing and show the American people that we have the courage to keep our “business” in the hands of American business.

Meanwhile, Bernanke pumps dollars into the economy to make up for the other Washington departments that pumps cash and jobs into other countries. It’s a zero sum game for the American tax payer.

What can you do about it? Nothing! Until Washington wakes up, which is likely never, just do like I do. When you have the opportunity, purchase stock in these successful Chinese companies. If you have some faith in our Air Force, purchase Boeing stock, otherwise go short on it and prepare to have our Air Force jets re-fueled in the air by tankers built in France and Germany. How do you say "fill it up" in German?