Founded 2004      NJIAT

Personal Finance & Economic Issues

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God commands us to manage our finances wisely (no matter if one has modest income or great wealth and we are also commanded to give the "first fruits" of our labor--see Gen. 4:3-16; Gen. 14:18-20; Heb.11:4-6; 2 Cor. 8:1-15; 9:6-15). We cannot out give God--when a person who tithes (10%) and gives offerings (above 10%), the person always prospers. However, the miser will be cursed (Matt. 25:18). Click PDF file for more detail on tithing.

Topics Covered: 1. Look up Finanical Information and Stocks 2. Tips on personal finance; 3. Link list of websites on personal finance; 4. Government sites and programs.; 5. Helpful sites to save money in NJ & PA (list of businesses); 6. Do States in the U.S. that are more Liberal/Secular Humanist have fewer freedoms?; 7. How free trade is killing America; 8. Two Recommended Books on the Worldview that brought Economic Freedom to the U.S. and Western Europe--read a brief discussion on how our economic freedoms came from the Protestant Reformation and how the current capitalist system has strayed far from the Reformation teachings. Dr. Francis Schaeffer would describe a Biblical economic system as "compassionate capitalism"; 9. Who started unions?; 10. The Myth about so-called Free Trade and no Tariffs; 11. What about NAFTA?--Do Real Conservatives Oppose NAFTA and Are Democrats and Republicans Corporatists (soft fascism, which is Oligarchic)? and what about Karl Marx's support of free trade?; 12. Should Americans buy American products?; 13. What were our Conservative and Capitalist past President’s positions on so-called Free Trade and Tariffs?; and 14. What about China as Investment Savior for the U.S. and the World?

Look up Financial Information and Stocks

WND Yahoo Finance

Financial TimesForbes


InvestopediaBloomberg


The Motley FoolMinyanville


Warriors for Truththe new american


Some helpful Tips on personal finance:

  1. Do not have more than two credit cards (payoff balances at the end of the month).

  2. Prepare a budget and put a minimum amount of money away each paycheck for those unexpected emergencies.

  3. If you are purchasing a house or condo (there are many programs for first time home buyers), do not over extend yourself with a big house--if one spouse's income cannot support paying the mortgage and taxes, look for a less expensive house or condo.

  4. If you are purchasing a car, SUVs, etc., do not over extend yourself by buying an expensive foreign vehicle--there are plenty of high quality American cars such as GM, Chrysler or Ford or other less expensive foreign vehicles made in the U.S. available at low financing rates.

  5. Open a checking and savings account and sign up for internet banking--it is easier to manage your money and make transfers.

  6. I recommend for married couples to have their own checking account , and visa cards [one can add their spouse as a POD (payable-on-death) beneficiary to the bank accounts]--if either the husband or wife is irresponsible with money, it will not affect your credit. Also, it causes both spouses to manage their money and this is very beneficial if either one drops dead.

Note: It is unfortunate that many credit unions have become more like commercial banks--many credit unions (at least the original credit union for State of NJ employees) would give every member (if they met the income requirement) the lowest rate on loans or credit cards even if one did not have a high FICA (Fair Isaac Corporation) score . This policy benefited the middle class and lower income persons who had a problem credit history in the past. As a result of the recent mergers and regulations being relaxed, many credit unions have become nothing more than banks. There are still some excellent credit unions out there. Consumer Union (Credit Card Reform.org) fights to protect citizens from credit card abuse from the banks—see www.creditcardreform.org .

Federal Reserve building

The Federal Reserve Bank committed some $7.77 trillion in funds to major Wall Street banks during the 2008 crisis--this was reported by Bloomberg News on November 28, 2011 (they used the Freedom of Information Act to find out). The banks were receiving or borrowing below-market-rate loans from the Federal Reserve Bank at .10 percent and .25 percent and then the banks purchased U.S. Treasury bills that offerred more than 1% interest rate. This amounted to a cash tranfer from the federal government to big banks that netted them $13 billion in profits. Millions of home owners are denied assistance and being foreclosed on and the banks great special treatment. (See The New American magazine Dec. 19, 2011 edtion: article entitled Another Secret Federal Reserve Bailout, $7.7 Trillion This Time.)

List for helpful websites below on personal finance (financial help, value of cars, mortgages, banking, credit agencies, car Insurance, government sites, etc.)

Financial Help

Heath Care/Insurance Help for Christians

Car , Motorcycle, Guns, Coin Values & Buy Gold and Silver

Mortgages and Banking

Credit Agencies, NJ and PA Insurance Companies, Vehicle Registration & phones

Recommended Books & Articles

Government sites

The Real Financial Analysis of our Economy and Country

Helpful Sites to Save Money on Miscellaneous Services in New Jersey & PA

Sophia's Sub Shop at Buddy's--catering by Chief Roberto. Located on 22 Main Street, Flemington, NJ across from the post office. Fresh food and homemade soups. Ph. 908-788-2777

North Branch Service Center & Car Wash--(offers mini detailing around $43) and is located behind the Exxon Gas Station (Rt 22) by Lukas Dinner & close to Raritan Valley Community College

AutoImage--window tint, mobile audio, etc., located at 16 Frelinghuysen Ave, Somerville Circle 

 E-MAC--Signs & Graphics; located in Sergeantsville, NJ (Delaware Twp.)

Connections Bible Store & Cafe--located at 7 main street, Flemington, NJ 08822; it also has Certified Massage Therapists such as Patty Morrison (Ph#908-782-5288) on location--see Life Connections Wellness Center. Ask for the book entitled A Christian Student's Survival Guide by Dr. Robert A. Morey (see the College Students Tab or High School Students Tab for a picture of the book.)

Hunterdon Lock & Safe, Inc.--41 Mine Street, Flemington, NJ (908-788-9696)--Licensed Locksmith and sells door knobs, deadbolts, high security lock systems, under the bed Gun Safes, etc.

Frank's Auto Repairs---tires, batteries, repairs, maintenance, etc. for cars. Located at 31 Biser Road, Flemington, NJ 08822 (Delaware Twp.) Phone: 908-782-7650

Flemington Auto Body, Inc.--high quality auto repair work located at 212 Route 202 & 31 N, Flemington, NJ 08822. Contact info: Phone: 908-782-4217 or e-mail at flemingtonautobody@embarqmail.com

Cappa's Foreign Car Specialists--Quality Pre-owned cars bought and sold located at 258 South Olden Ave., Trenton, NJ 08629. Phone: 609-394-7070 

Costco--high quality products, especially generators. Location: 325 Promenade Blvd., Bridgewater, NJ

McMaster-Carr--over 480,000 high quality products such as hardware, electrical, hand trucks,etc.

Haulmark Utility Trailer--One can order a utility trailer direct--Internet Trailer--and FOB McAdoo, PA 

Firearms Dealer (for more information on firearms, see the Police/Sportsmen Tab and for Survivor Products and Sites for the United States Citizen see the Homeland Security Tab)

General Defense Outfitters (owner former Marine and Licenced Firearms Dealer)--Great deals on firearms, scopes, airsoft & paintball guns, etc. Located in Solebury, Pa. Contact Gunnar at 215-297-5444 or e-mail him at gdousa@comcast.net Yes, NJ residents can buy rifles in PA if they possess a Firearms ID card. Website: www.generaldefenseoutfittersll.com

Solar Systems, Environmental Services and Cement for private and commercial buildings

ZettaJoules—specializes in Large Commercial PV (solar) Systems (contact Doreen Holley); they are headquartered in East Amwell, NJ) 

Quest Environmental & Engineering Services, Inc., Clinton, NJ. (Darin P. Vogel P.G., CHMM Sr. Project Manager) 

deGruchy’s Lime Works located in Quakertown,PA—why Lime mortar is better than modern Portland cement--this is the reason why the old cement columns off of NJ highways are in excellent shape and the new cement columns are deteriorating after 20 years. Also, see deGruchy's Lime Works.us

Honest Attorney in New Jersey

Carl M. Ippolito—Attorney At Law, JD/MBA—located at 1 Washington Crossing Road, Pennington, NJ 08534 & Hunterdon County (near Flemington). [Hunterdon County resident]; Ph# 609-818-1222 or 609-818-1170; E-Mail: cmippolito@hotmail.com (An honest attorney specializing in Business Contracts, Business Formation, Business Planning, Business Litigation, Corporation, LLCs, Partnerships, Corporate Law, Estate Planning, Wills & Trusts, Discrimination suites, Personal Injuries, etc.)

Do States in the U.S. that are more Liberal/Secular
Humanist have fewer freedoms?

New York City

New York City

Which States are worst for personal freedom?

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=91539

Freedom in the 50 States—An Index of Personal and Economic Freedom
(Mercatus Center George Mason university; Feb. 2009)—PDF

Rebuilding American Freedom in the Twenty-First Century by Dr. John W. Robbins (a graduate of Johns Hopkins University who was a Legislative Assistant, Chief of Staff, Economic Analyst for The Heritage Foundation and lectured and taught at institutions such as Harvard University ). Dr. Robbins explains philosophically the principles which brought America freedom is now rejected and despised by Conservatives, Libertarians and Liberals--PDF

Free Trade and Out Sourcing—the Marxist and Socialist Connection

Free Trade and Out Sourcing

How Free Trade Is killing America and Violates Constitution by Gus Stelzer (a high-ranking Executive for GM)—PDF

NAFTA, CAFTA and the WTO

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=45521

Westminster Abbey Statute of Queen Victoria Buckingham Palace in London
BUildings

British Commonwealth—a popular club (Nations clamor for membership in successor of powerful empire)

http://www.wnd.com/index.php?pageId=8155

Two Recommended Books below on the Worldview or Philosophy
that brought Western Europe and the United States
Economic and Personal Freedom.

Christ and Civilization

Dr. John W. Robbins
Trade paperback, 48 pages

Civilization as we know it is a result of the widespread proclamation and belief of the Gospel of justification by faith alone in the sixteenth century. Christ foretold this result in the Sermon on the Mount: "Seek first the Kingdom of God and his righteousness, and all these things will be added to you." This brief overview of the history of Western Civilization makes it clear that our cultural debt is to the Gospel, not to Greece and Rome.

The Trinity Foundation

Ecclesiastical Megalomania

Dr. John W. Robbins
Hardback, 326 pages, indexed, 1999

The noted English political philosopher A. P. D'EntrËves argued that "it is hardly possible for the modern man to accept the system which St. Thomas founded...without renouncing the notion of civil and religious liberty which we have some right to consider the most precious conquest of the West." Ecclesiastical Megalomania explains the conflict between Roman Catholicism and freedom in detail, relying on official Vatican pronouncements to demonstrate that Roman Catholicism is hostile to constitutional government, political and economic freedom, and the private property order. The "Mother Church" is the mother of feudalism, the corporative state, liberation theology, the welfare state, and fascism. [The NJIAT President highly recommends this book for Catholics and Evangelicals on understanding the consequences on economic and political freedom that result from rejecting Sola Scriptura—many honorable Roman Catholics who believe in private property, political freedom and capitalism will be shocked on what their church teaches on economic and political issues; many quotes are from John Emerich Edward Dalberg, Lord Acton (a great Roman Catholic historian in the 19th century) who condemned the many practices of the medieval Roman Catholic Church.]

The Trinity Foundation

Who started Unions?

Historical Note: Unions were originally created and founded by Protestant/Evangelical Christians in Wales [which was the result of the Whitefield and Wesley revivals (1737 – 1770)] because of the exploitation and death (black lung) of the coal workers. The unions were formed to protect their brothers and sisters in Christ. Also, child labor laws were implemented by Evangelicals. “Look! The wages that you kept back from the workers who harvested your fields are shouting out against you, and the cries of the reapers have reached the ears of the Lord of the Heavenly Armies. You have lived in luxury for the day of slaughter. You have condemned and murdered the one who is righteous, even though he did not resist you.” (James 5:4-6, ISV.) Unions in this country have been be very beneficial to the workers in protecting them from exploitation; however, many of today’s unions, which have done a lot to protect the worker, have been supporting wicked politicians who are anti-Christian, free-traders and support illegal immigration, etc. These actions by many unions will ultimately destroy this country and the middle class that they are trying to protect. "Righteousness exalts a nation" (Proverbs 14:34).

The Myth about so-called Free Trade/Free Market Economies and No Tariffs

Both private and corporate ownership of production in a capitalist society is still regulated by government.  If there were no regulations or oversight and everyone did what they pleased, the capitalist system would quickly switch to a cannibalistic, winner-take-all system that would result in anarchy.  A nation cannot have an absolute “laissez-faire” and “free market” economy (that is unregulated)—if this was true, then there would be none of the following laws:

  • labor laws;
  • tax laws;
  • minimum wage;
  • unemployment compensation;
  • vacation;
  • sick leave;
  • Social Security;
  • Medicare;
  • national defense; and
  • adequate controls for pollutions, etc. 

Of course, excessive taxes, high mortgages, high interest rates are condemned Biblically and destroys a nation.  The people cried out in (Nehemiah 5-:1-6) over the economic hardships imposed, and he replied,

Again I said, “The thing which you are doing is not good; should you not walk in the fear of our God because of the reproach of the nations, our enemies? “And likewise I, my brothers and my servants are lending them money and grain. Please, let us leave off this usury. “Please, give back to them this very day their fields, their vineyards, their olive groves and their houses, also the hundredth part of the money and of the grain, the new wine and the oil that you are exacting from them.”  Then they said, “We will give it back and will require nothing from them; we will do exactly as you say.” So I called the priests and took an oath from them that they would do according to this promise. I also shook out the front of my garment and said, “Thus may God shake out every man from his house and from his possessions who does not fulfill this promise; even thus may he be shaken out and emptied.” And all the assembly said, “Amen!” And they praised the Lord. Then the people did according to this promise.  [Nehemiah 5:9-13 (NASB)]

If the people fear God, then financial righteousness will be established through out the land.

There is no provision in the U.S. Constitution that makes no provision whatsoever for commerce to be transacted without regulation.  Paragraph 3 of Article I, Section 8 of the U.S. Constitution specifically delegates to Congress the power and responsibility to “regulate” commerce with foreign nations and between states.  Paragraph 1 of Article I, Sections 8 states the following about Congressional authority:

…to lay and collect taxes, duties, imposts and excises [which shall be] uniform throughout the United States.

Article I, Section 8, Clause 3 of the U.S. Constitution gives Congress the power "to regulate commerce with foreign nations and among the several states, and with Indian tribes." Trariffs on imports would be the principal method of paying for running the government. In fact, tariffs were a major federal revenue source for the first 125 years of the nation. Yes, any laissez faire laws without regulations (congressionally regulated commerce with foreign nations and between states) was prohibited.

Having tariffs and regulations is not anti-capitalist.    A few quotes from our past U.S. Presidents and forefathers that were compassionate capitalists and put the country first:

  • “By the tariff system the whole revenue is paid by the consumer of foreign goods…the man who contents himself to live upon the products of his own country pays nothing at all.”(President Abraham Lincoln—1st Republican President)
  • “I do not prize the word ‘cheap.’ It is not a badge of honor…it is a symbol of despair. Cheap prices make for cheap goods; cheap goods make for cheap men; and cheap men make for a cheap county!”  (President William McKinley)
  • “I have come to a resolution myself, as I hope every good citizen will, never again to purchase any article of foreign manufacture which can be had of American make, be the difference of price what it may.” (President ThomasJefferson)
  • “Every nation ought to endeavor to possess within itself all the essentials of a national supply. These comprise the means of subsistence, habitation, clothing and defense.”  (Alexander Hamilton)

High tariff walls erected in the United States between (1870 to 1900) not only protected American jobs, but also encouraged efficiency.   The following occurred according to Roger Simmermaker in his book entitled How Americans Can Buy American, page 368 & 39:

  • Prices for American made Textiles fell 30 percent
  • Prices for American made Metal products fell 49 percent; and
  • Prices for American made Chemicals fell 41 percent.

It should also be mentioned that outsourcing could cause the lose of $136 billion in wages and 3.3 million jobs (2 percent of the U.S. workforce) by 2015 according to a Forrester Research done in 2005.

What about the North American Free Trade Agreement (NAFTA)?

The first five (5) years after NAFTA was passed and signed into law by President Clinton the following occurred:

  • 100 Florida Tomato farmers lost their farms;
  • 24 packing houses closed;
  • 100 processors and suppliers went bankrupt; 
  • Mexican imports of tomatoes went up 70 percent; and
  • Tomato prices increased 16 percent.

NAFTA has caused growing trade deficits with Canada and Mexico that as resulted in 1 million workers out of higher-wage jobs and put into lower-wage positions in non-trade related industries.  It has also caused steadily declining demand for workers with a college degree.  The reduced wage payments to the U.S. workers is around $7.6 billion in 2004. See the following articles below:

(The myth that high-tech jobs would replace manufacturing jobs is false—the United States according to the Associated Press (07/16/07) imported $102 billion worth of high-technology products, mostly from China, then it exported.  Also, the major chemical exporters in this county ended its eight-decade dominance—our trade surplus of $18 billion in 1997 became a $9.6 billion trade deficit in 2003.)

According to Ian Fletcher, who is the author of the book Free Trade Doesn't Work: What Should Replace It and Why, stated the following: "From 1790 to 1945, America grew and prospered in a largely protected economic environment. Our trade then was not 'free.' But after World War II, we wandered away from Alexander Hamilton's vision of a relatively self-contained American economy in order to win the cold war. We threw our markets open to the world as a bribe not to go communist. If we fail ro return to a policy of strategic, not unconditional economic openness, we may lose the next cold war--to a Confucian authoritarianism no less opposed to the idea of a free society than Marxism, and considerably more efficient."

 Unfornately, greedy corporate heads can produce its products anywhere in the world even by countries that use slave labor. The corporate heads have no concern for Americans, but only to make huge profits for their shareholders and then reward the top business leaders with fat bonuses. Donald Trump has been speaking out against our trade policies with China. He should be commended for his stance against an unsustainable American trade deficit fluctuating around $500 billion a year for a decade now. The trade deficit helps China, Japan, Korea, Germany, etc., but not the American middle class. Now it is affecting the white collar sector of America, which includes many professionals.

All the major candidates have supported NAFTA, which includes both Senator Hillary Clinton (Democrat), Senator and now President Barack Obama (Democrat) and Senator John McCain (Republican).  They are not for the working class/middle-income Americans or putting this country first!   See the following articles below:    

Free Trade Doesn't WorkFletcher has written a powerful and refreshing critique of some cherished assumptions held by mainstream economists. It is  uniformly insightful, often brilliant, and remarkably readable. Obama’s team should read it—and soon.

 --George C. Lodge, Professor Emeritus, Harvard Business School and author Managing Globalization in of Interdependence.

Note from NJIAT president: Economics is defined as a social  science and therefore value-free; however, all people start from a worldview or presupposition—an empiricist believes that  through their senses or observations truth can be determined;however, without God and the Bible as an objective standard one cannot have absolutes or freedom. Most economists believe in the infallibility of free markets, which free trade is a part, as a religion such as Marxism.  Karl Marx (05/05/1818—03/14/1883) stated: “That is why I advocated free trade in 1848. Free trade breaks down national boundaries and advances the cause of international socialism.”   Karl Marx, speaking in Belgium on Jan. 9, 1848, endoresed free trade, to wit:

Generally speaking, the protective system (of tariffs) in these days is conservative, while the free trade system is destructive....It (free trade) breaks up nationalities and carries antagonism of the proletariat (industrial workers) and bourgeoisie (small business owners) to the uttermost point....In a word, the free trade system hastens the social revolution....Gentlemen, I am in favor of free trade.

The libertarian Cato Institute is the Vatican for most economists and politicians and their religion is the Ayn Rand cult of “objectivism”—see article entitled Ayn Rand (1905-1982) by Dr. John W. Robbins under Issues on right sidebar for an analysis of her religion.GATT & NAFTA are unconstitutional under Article 1, Section 8 of the U.S. Constitution.  Francis Schaeffer taught compassionate capitalism, which is what the Bible and Protestant Reformation taught—in other words, God owns everything and we are just God’s stewards given dominion over the earth (which includes private property, using our natural resources such as oil in a responsible manner and so on) and are commanded to conduct our business affairs honestly, pay wage earners an honest wage, work hard, be thrifty, do not hoard money, do not charge usury interest rates (credit cards), helping the poor, and have a concern for the welfare of the country and people.  The Bible teaches against Communism, Socialism and Guerrilla Capitalism.  A quote from Malachi 3:5, NKJV:

"And I will come near you for judgment;
I will be a swift witness  
Against sorcerers,
Against adulterers,   
Against perjures,     
Against those who exploit wage earners and widows and the
Fatherless, And against those who turn away an alien—
Because they do not fear Me,"
Says the Lord of hosts.

Free Trade Doesn’t Work by Ian Fletcher
Articles by Ian Fletcher, educated at Columbia University and University of Chicago
American Economic Alert—fighting for American Companies


Should Americans Buy American Products?

Yes, Americans should try to buy American products, especially automobiles.  Buying American made cars helps American investors, stockholders, owners, and stakeholders.  This cannot be said about foreign-made cars owned from foreign-owned companies.  The American cars have a higher domestic part content then foreign cars and profits from American companies are repatriated to America, which taxes on those profits are paid into the U.S. Treasury.  Buying a GM, Ford or Chrysler supports 2 to 3 times more jobs than buying a foreign made automobile (see http://www.levelfieldinstitute.org/jpc_rating.html ).  Also, a three-year-old vehicles study conducted by J.D. Power Associates 2005 Vehicle Dependability Study  ranked GM and Ford in first in most areas.  Chevy Impala beat Toyota Camry in initial quality and Buick LeSabre was awarded the best premium mid-size card.  Ford Thunderbird was ranked the most dependable entry luxury car.  Consumer Guide Automotive had the courage to report these facts.

Demand from Congress Energy Independence and Allow Companies to Drill for American Oil Now—click for article and bumper stickers.    http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=67332

What were our Conservative and Capitalist past President’s positions on so-called Free Trade and Tariffs?

A list of facts on NAFTA and past President’s positions on so-called “free trade”:

  • 2007 the U.S. trade deficit soared 16 percent to $73 billion.
  • The U.S. trade deficit with China shot up 10 percent to $256 billion.
  • In manufactures, according to Charles MacMillion of MBG Services, United States had a trade deficit of $499 billion in 2007—a little lower than 2006.
  • The trade deficit in manufactured goods is twice as large as our $224 billion bill for OPEC’s oil.
  • Three (3) million manufacturing jobs have vanished in the last eight (8) years.
  • The U.S. has a $67 billion trade deficit in advanced technology goods with China—this is eight times what it is with Japan.
  • From 1860 to 1913, the United States was the most protectionist nation on earth—the U.S. experienced the most growth in history in that period (by 1913 the U.S. economy was twice Britain’s).
  • President Warren Gamaliel Harding (Republican—served from 1921 to 1923) and President John Calvin Coolidge (Republican—served from 1923 to 1929 and was a small-government conservative and big supporter of the middle class) won the election in the 1920’s, cut income taxes from President Thomas Woodrow Wilson’s (Republican—served from 1913 to 1921) 69 percent to 25 percent and doubled tariffs—by 1929 the U.S. was producing 42 percent of the world’s manufactured goods.
  • President James Madison, Jr. (founding father & served from 1809 to 1817) and Alexander Hamilton (01/11/1775 to 07/12/1804—1st U.S. Secretary of the Treasury) were protectionists—they moved the Tariff Act of 1789 through Congress. 
  • President James Madison, Jr. aided by President Thomas Jefferson (served from 1801 to 1809), President John Adams Jr. (served from 1797 to 1801), Henry Clay, and John Calhoun enacted the Tariff of 1816 to protect the U.S. infant industries from British dumping.
  • During the Civil War, President Abraham Lincoln (1st Republican President) used the Morrill Tariff revenue to help fight the Civil War.
  • 11 GOP presidents--between the years 1865 to 1929--were all protectionists1.

The United States prospered under a Republican tariff wall.  Under the return of globalism, it has brought this country stagnant wages, loss of sovereignty, destruction of our manufacturing base, wives forced into the labor market, foreign debt, etc. Globalism is not conservatism, but a return to Wilsonian liberalism!   Yes, President Ronald Reagan (Republican—served from 1981 to 1989) put a tariff on the Japanese motorcycle companies to protect Harley Davidson and it took less then five (5) years for the company to turn around and they are now a prosperous company.

                                            
1Patrick Buchanan. “Ahistorical Nonsense” Whistleblower, Vol. 17, No. 6 (June 2008): 28-29

chinese flagYuan

What about China as Investment Savior for U.S. and the World?

Most journalists, politicians and the American people are oblivious to the fact that in China's state-monopoly system of Leninist "capitalism," their corporations are instruments of national policy. China's corporations are integrated and subservient to the Communist Party of China (CPC) and the Peoples Liberation Army (PLA). They have a military plan for global domination. Part of that their global strategy is economic warfare.

China National Petroleum Corporation (CNPC), Sinopech, and Sinomach (was created with the approval from China's State Council, which is the supreme administrative arme of the Politburo of the Communist Party of China (CPC), has been instrumental in the ongoing genocide of Dafur by the regime of Sudan's Omar al-Bashir. 300,000 people have been slaughtered and their are more than 2.5 million refugees. China supplies Sudan (al-Bashir regime) with several thousand PLA troops, weapons for its troops and its Janjaweed militias that slaughter innocent victims (many Christians) in addition to their expertise for their oil fields. Sinomach has put in a bid to win a contract for the construction of a $2 billion dollar fertilizer plant for Southeast Idaho Energy and are bidding on many other projects in the U.S.

A U.S.-China Governors Forum was held in Salt Lake City, Utah on July 14, 2011 where business deals worth billions with their communists counterparts were signed. The communications office of the National Governors Association (NGA) instructions to the American & Chinese Friendship Promotion Society not to give certain U.S. reporters-- who believed in the Constitution--press badges, but gave the Chinese "journalists" [who obeyed the Central Propaganda Department of the Communist Party of China (CPC)] press badges. Lets congratulate some of the idiot governors in this country.

(It should be noted that the Chinese Civil Defense has been building nuclear shelters to house thousands of people whereas the Civil Defense in the United States has been doing nothing--the U.S. at one time did have a great Civil-Defense; see Can One Survive a Nuclear Attack < http://www.wnd.com/index.php?fa=PAGE.view&pageId=134525 > and Oregon Institute of Science and Medicine--Nuclear War Survival Skills < http://www.oism.org/s32p903.htm >.)

(See The New American Magazine, May 23, 2011 edition, pages 10-17, entitled China:The New Investment Savior? and the August 22, 2011 edition, pages 31--35 , entitled Here Comes China's Journalism for more details <www.TheNewAmerican.com>)

 

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