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Im-Politic: Advice Biden Should Reject, but Probably Won’t

20 Wednesday Jan 2021

Posted by Alan Tonelson in Im-Politic

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Alibaba, Andrew Ross Sorking, Biden, Biden administration, China, foreign policy, globalism, globalists, health security, Henry Kissinger, Im-Politic, Jamie Dimon, Joseph C. Tsai, JPMorgan Chase, multilateralism, nationalism, The New York Times, Tony Blair

All Americans of good will should hope for the Biden administration’s success. In fact, on a trouble-shadowed Inauguration Day, it seems especially appropriate to create and nurture the brightest feel-good glow possible.

Nonetheless, it’s also vital to keep something else in mind: Powerful forces are acting more determined than ever to convince the public that the new President should double down on the same major policy blunders that ensured the elites’ own power and wealth, but that dangerously weakened U.S. security and prosperity. For good measure, of course, these decisions brought hardship, despair, and (as demonstrated by the country’s deep polarization), bitterness to tens of millions of Americans. And there’s every reason to believe they have a willing audience.

And before you dismiss those thoughts as the sour grapes of a Trump policy supporter, I hope you’ll read this column from Monday by The New York Times‘ Andrew Ross Sorkin, who the paper seems to be enabling to settle into a role of out-and-out establishment mouthpiece.

According to Sorkin, “a provocative memo [is] being circulated among policymakers on both sides of the aisle and the Biden transition team ahead of his inauguration.”

Continues Sorkin, “It is even more notable for who wrote it….an under-the-radar group of global boldfaced names that act as a private advisory committee to JPMorgan Chase. Among others, they include Tony Blair, the former British prime minister; Condoleezza Rice and Henry Kissinger, two former secretaries of state; Robert Gates, the former secretary of defense; Alex Gorsky, chief executive of Johnson & Johnson; Bernard Arnault, chairman of LVMH; and Joseph C. Tsai, executive vice chairman of Alibaba.”

These globalist A-listers “typically [meet] once a year in a far-flung location with JPMorgan’s chief, Jamie Dimon.” Their discussions “are usually kept private. But given the precarious state of the world during a pandemic and change in leadership in Washington, the group put its views on paper in hopes of persuading policymakers to address what it sees as the most pressing priorities.”

Sorkin at least has the…honesty?…to describe their musings as “ a manifesto of sorts calling for a reset, a return to the pre-Trump days. It seeks to turn back the clock to a time when being called a globalist wasn’t an epithet….”

And although he adds that it “acknowledges the failures of globalism and seeks to correct them,” the group’s intentions (which readers need to take on face value, since the full document itself isn’t reproduced), justify deep skepticism for several reasons, starting with its make-up.

After all, it’s one thing to include a former foreign leader (the United Kingdom’s Tony Blair) and the head of a foreign multinational company (French-owned luxury goods maker LVMH). There’s no reason to believe that they have any special concern for America’s security and well-being, but at least they come from allied democracies.

But Joseph C. Tsai, a bigwig at Alibaba? JP Morgan’s Dimon is of course free to seek his advice on various matters, too, but maybe a senior executive from a Chinese entity that by definition is ultimately controlled by China’s hostile thug dictatorship could have been included out of the group’s effort to provide advice to an American President?

So not that other members of the group (like Kissinger for much of his post-government career) don’t have long records as China apologists and lobbyists for companies hungry to do business with and therefore curry favor with Beijing.

But Tsai’s involvement casts in an especially suspicious – and suspiciously defeatist – light the recommendation that “The best outcome for U.S.-China relations is likely managed competition — an accommodation that avoids military conflict while allowing for limited cooperation. It is impractical to think that supply chains and manufacturing can be moved simply, affordably or comprehensively out of China.”

If anything’s impractical, and indeed a spectacularly proven failure, it’s their stated belief that (in Sorkin’s words), U.S. interests can adequately be served by “a return to engaging with China, especially on climate issues and global health, while acknowledging the ‘significant challenge’ the country poses.” This soothing formula is exactly what’s led to the U.S. economic and technology policies that led directly to the rise of the Chinese threat.

The group’s perspectives on the CCP Virus and what it’s taught us about global supply chains and public health security and the like is no more impressive: “The near-total absence of American leadership, coupled with the nationalist approach of too many countries, have come at the expense of a strategically coherent, international response to the pandemic.”

Of course, it’s precisely because so many countries responded nationalistically to the virus – ostensibly when a globalist perspective was needed most – in particular blocking the export of crucial healthcare goods to ensure that their own supplies would be sufficient, that the United States can’t afford to be an exception, and needs to achieve self-sufficiency.

As for the group’s notion (as explained in the words of member Robert Gates, a former U.S. defense secretary) that “international cooperation and engagement on the international front and the relationships with our allies, …serves America’s self-interest,” it simply doesn’t suffice in bromide form any more. Now’s the time to explain exactly why this stance amounts to something more than what it turned into under the last few pre-Trump Presidents – a formula for needlessly risking nuclear war by coddling wealthy but militarily free-riding allies, and winning international friends and influencing people by giving away huge chunks of the U.S. economy’s productive heart.

Perhaps most revealing of all – both of the group’s cynicism and possibly Sorkin’s – was Dimon’s statement to the latter that “The first thing businesses should do is separate their company’s interests from what’s in the interest of the country.” This from a finance sector that has worked tirelessly for decades to push the offshoring of American manufacturing, with all the national security dangers and economic ruin it’s produced – as Sorkin conspicuously failed to point out.

Sorkin’s contention that “the message the group is advancing is common sense” makes clear that he’ll be an eager collaborator. And that probably goes for much of the rest of the establishment-idolizing and Never Trumper Mainstream Media. Fortunately for these elites, but worrisomely for the American people, everything known about Mr. Biden’s career is telling us that he will be, too.

Note: Eagle-eye readers may notice that I just called the new President “Mr. Biden” rather than “Biden.” That’s because he’s the new President, and therefore, at least in my view, deserves to be identified in a manner as distinctive as the authority of his office when the name is being used as a noun. By the same token, Donald Trump will be called “Trump” – a designation I’ve used for all other individuals I’ve written about in RealityChek, except when referring to them for the first time in a particular article.

But I’ll still restrict myself to using the family name when it functions as an adjective (e.g., “Biden administration,” “Biden policy”).

Truth to tell, I’ve had some ongoing trouble figuring out how to treat former Presidents. The tentative solution I’ve come up with is using that last-name-only form when they’re recent (e.g., “Obama”) and tending (not entirely consistently, I’m sure) to use their full names more frequently the further back in time we travel. (E.g., “former President Richard Nixon” or “former President Ulysses S Grant.”)

Even in such instances, though, I’ve struggled to be consistent without being overly pedantic with the exceptionally well known Presidents (like Washington and Lincoln). And when it comes to “Bush” and “Johnson” and “Roosevelt” and “Adams” I’ve needed to make clear whether I’m talking about George H.W. or George W.; Lyndon Baines or Andrew; Franklin D. or Theodore; and John or John Quincy, respectively.

And another complication: Sometimes, the temptations of stylistic diversity have led me to refer to former Presidents by their first and last names (e.g., “Barack Obama,” “Bill Clinton”). I’m sure these temptations will continue, but I just wanted to let you know that I’m trying to be as consistent as possible. Kapische?

Following Up: Even Star Trek’s Now Partly Made in China

29 Monday Aug 2016

Posted by Alan Tonelson in Following Up

≈ 1 Comment

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Alibaba, China, FDI, Following Up, foreign direct investment, Gene Roddenberry, Hollywood, Huahua, movies, Star Trek, Star Trek Beyond, The Martian, transparency

What a drag to report that my enjoyment of a second feature film in less than a year has been marred by news that it’s been partly financed by China. Even worse – if this doesn’t yet qualify as a trend, it looks like that’s not far off, thanks both to abundant Chinese capital and official American indifference.

The news was especially distressing because the film was Star Trek Beyond, because I’m a Trekkie from back in the ’60s with the original TV series, and because this third installment was in my opinion the best in the current genuinely inspired “reboot” franchise.

So imagine how upsetting it was to see in the opening credits a reference to something called Huahua Media in some producer-type role. Since I wasn’t familiar with the company, I decided to suspend judgment and enjoy the film. But upon returning home, I learned not only that Huahua was indeed a Chinese company, but that it wasn’t even Beyond‘s first partner from the People’s Republic. On-line marketplace Alibaba had beaten Huahua to the punch.

Fortunately, this Chinese involvement in Beyond‘s production didn’t affect the content in any way I could see. In particular, there was no gratuitous plot alteration in order to portray China in a favorable light, as with last year’s The Martian. (Maybe because, by the time Star Trek creator Gene Roddenberry’s idyllic 24th century had rolled around, China and other nation-states had faded into history?)

Nevertheless, China’s role in Beyond, and its growing footprint in Hollywood in general, are troubling for any number of reasons. As with The Martian (and other movies), content can be altered. And because any Chinese company large enough to make such international investments unquestionably is acting as an agent of the Chinese government, it inevitably will reflect the priorities of a regime that is both dictatorial and an increasing threat to U.S. national security interests.

Yet even if the Chinese government was democratic and/or friendly, its presence in the American film industry clashes with free market norms. Won’t efficiency and quality suffer, almost by definition? And why should domestic capital – or private foreign capital – be forced to compete with a rival with practically bottomless pockets?

And of course for Trekkies, Chinese investment creates a tragic irony. The Star Trek universe is a monument to pluralism and freedom. (Even keeping in mind Mr. Spock’s arguably collectivist insistence that “Logic clearly dictates that the needs of the many outweigh the needs of the few.”) And Roddenberry himself was clearly one of the great political and social idealists of modern American popular culture. China’s rulers stand for diametrically opposite values. If I was the series’ late creator and guiding spirit, I’d been rolling over in my grave (or, more accurately, in the space-borne urn carrying my ashes).

Washington isn’t completely oblivious to the prospect of foreign control of American creative and media companies. But it does seem uninterested in the role of foreign governments, and even of unfriendly, dictatorial foreign governments. I’m somewhat sympathetic to the argument that free speech principles require admitting even these actors onto such corporate playing fields, at least to some extent. But if that’s the road the U.S. government continues down, how about a little transparency? In other words, if Americans are going to be consuming more and more entertainment and even news products that are subsidized by the Chinese or other foreign governments, don’t they at least have a right to know?

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So Much Nonsense Out There, So Little Time....

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So Much Nonsense Out There, So Little Time....

Michael Pettis' CHINA FINANCIAL MARKETS

New Economic Populist

So Much Nonsense Out There, So Little Time....

George Magnus

So Much Nonsense Out There, So Little Time....

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