Saturday, June 02, 2007

While I'm picking on Lou Dobbs; even notice how he can't say China without the loudly stressed word COMMUNIST in front of it? Being a conservative, Dobbs probably longs for the day when you could disparage anything with that epithet and without further explanation, but China's problems with corrupt officials, greedy corporate entities and lack of oversight aren't the products of State ownership of the means of production.

Yes, I've said this before, but I'm saying it again: Poison toothpaste and poison dog food result from laissez faire capitalism; poorly regulated and corrupt capitalism in its infancy, not Communism.

Even Lou wouldn't deal with it the way the Chinese Government, used to having its way, is handling it. Their solution is a bullet in the back of the head for Zheng Xiaoyu, the former head of the regulatory agency that failed. It may be extreme to compare that with the Bush Administration's awarding of kudos, promotions and even medals to those who screw up so badly people die, but I can't resist.

Don't get me wrong - I'm not defending the death penalty, which China applies to many crimes and I'm not defending corruption in China, but you've got to admit they have accountability where we don't. Dealing with China in the near future is going to be a far greater challenge to our future than dealing with Islamic militancy and it's long past time to put away the worn out rhetoric of the 1950's and figure out a way to regain world respect if not our sovereignty itself.


Intellectual Insurgent said...

Isn't it ironic that America's #1 trading partner is called communist? How does a country that has Coke and Microsoft billboards bombarding the zen of its 1 billion plus citizens qualify as communist?

Capt. Fogg said...

And our number two creditor also, I believe.

Dobbs is old school - usta be anything you didn't like was Communist. Now it's either Liberal or Mexican.