China Benefits From Bush’s Folly

[SHRED]

Our military protects Iraqi oil sales/shipping for China.

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“Since the American-led invasion of 2003, Iraq has become one of the world’s top oil producers,” the Times reports, “and China is now its biggest customer.” Almost half of Iraq’s oil production already is shipped to China, and those once vilified commies, reincarnated as today’s robber barons, are bidding for an even larger stake in Iraq’s oil field production. The Cold War is indeed over, but China’s red capitalists have won.

snip

“We lost out,” Bush Defense Department official Michael Makovsky admits to the Times. “The Chinese had nothing to do with the war, but from an economic standpoint, they are benefitting from it, and our Fifth Fleet and air forces are helping to assure their supply.”

Actually, the Chinese had quite a bit to do with the war in that they profited from the interest on the loans they made that floated the U.S war debt. This debt will continue to increase as we remain stuck with the bill for that Fifth Fleet protecting the shipping lanes connecting Iraq’s oil with China’s ever expanding economy.

http://www.truthdig.com/report/item/china_benefits_from_bushs_folly_20130603/

[AdHocSolver]

1. The factories built and operated in China by the multinational corporations profit...

...from the war fought, and paid for, by the United States.

The old model of nation-state economies no longer exists.

The new economic model is a handful of giant, interlocked mega-corporations working together to exploit the masses around the world.

Nation-states are seen as contributors to the global bottom line of the mega-corporations (hereafter referred to as "Megacorp&quot .

The U.S. provides the military support for Megacorp. The U.S. became the main supplier of armaments and troops after the "collapse" of its main competitor, the Soviet Union.

China is becoming the primary supplier of high technology equipment for Megacorp as it has an enormous pool of educated people on which to draw.

The recent announcement by U.S. military equipment manufacturers that they were hacked by the Chinese and technology secrets stolen is merely a smokescreen for the reality that they sold the technology to their Chinese partners in preparation for transferring military manufacturing from the expensive labor in their manufacturing plants in the U.S. to their cheap labor factories in China.

Moreover, Megacorp wants to ship Canadian tar sands oil via the XL pipeline to China to fuel their factories and transportation systems there. In this case, the U.S. and Canada can serve as resource colonies for Megacorp's factories.

In order to understand the new world order, you have to erase the "old" economic model from your mind. There is no "free trade", no "free markets", and no "global competition". The new world economic order is tightly controlled by Megacorp, and that control of the world's trade is their source of power.